On Wire

via Kurt Schlichter: There’s no hack cliché like the New Year’s prediction column cliché, so with that in mind, here’s my Top 10 Predictions for 2019 column, and my general prediction is that 2019 will be even crazier than 2018! 10.     Out of Afghanistan Too: Yeah, our 17-year war will largely end as we bring … Read more

They completely avoid answering the question! It happened last weekend with Judge Jeanine and happened again tonight. 44 minutes into the video and the odd thing is they always let them get away with avoiding the question.     h/t Jake

by Shaun Richards Yesterday we took a look at the low-level of bond yields for this stage in the cycle and the US Treasury Note yield has fallen further since to 2.63%. Also I note that the 0.17% ten-year German bond yield is being described as being in interest-rate cut territory for Mario Draghi and … Read more

by Martin Armstrong   While the BitCoin people have hated me for not agreeing with them that a private currency could displace the currencies of all nations and BitCoin would be the new “reserve currency” killing the dollar, to me they are in serious need of help. They have ZERO comprehension of governmental power and ZERO understanding of what is going on … Read more

Sears is closing 80 more stores in March. Manufacturing has declined. Trump tweeted that the gas prices are low, Trump is using all the tricks the DS and the CB have used in the past. He lowered the gas prices to keep the economy moving along while he prepares for the transition. The central bankers … Read more

by Graham Summers of Gains, Pains, & Capital In December, Jerome Powell confirmed that he is going to implement a financial reset. That reset will crash stocks. We know this because the Fed didn’t even HINT at tapering its Quantitative Tightening program at this latest Fed FOMC despite stocks staging the worst December since the Great Depression. This … Read more

So a recession is looming? The natural chain of events is already in motion   AC

by Troy With the start of a new year, some of these market studies are going to look at the stock market in 2018 and see what that implies for 2019. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction by objectively quantifying technical analysis. For … Read more

by Michael Snyder   Well, that sure didn’t take long.  Many had been hoping that 2019 would be a calmer year for Wall Street, but so far that has not materialized.  In fact, a surprise announcement by Apple has just sparked another wave of panic selling on Wall Street.  In a letter to shareholders, Apple … Read more

by Charles Hugh-Smith This is the predictable path because it’s the only one that’s politically expedient and doesn’t cause much financial pain until it’s too late to stave off collapse. While many fear a war between the nuclear powers or the breakdown of civil order, I tend to think the Crisis of 2023-26 is more likely … Read more

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “We did not foresee the magnitude of the economic deceleration.” Oh dude, starting the year out on the right foot. On Wednesday after the market closed, Apple released a letter to shareholders in which it said that revenues are going to be a lot worse in the quarter ended December 29 … Read more

Mitt Romney wrote a hit piece on Trump, this was done on purpose. Mueller is in trouble with the Russian company he accused of Russian collusion.Rudy Giuliani says Assange should not be arrested.Austria says they will not be part of the European Army that Macron and Merkel want. NK has completely changed, Kim Jong Un … Read more

Money has always been concentrated. Whether it’s geographic concentration or in terms of the societal aspect. Today we see a wealth gap which hasn’t been observed or a very long time. The middle class is disappearing and the majority of individuals are finding their way out of cash and into poverty. The trouble is that … Read more

In total, roughly 650,000 pigs have died in China since the virus was detected in August. This includes direct victims as well as culled animals. In the map above are all reported outbreaks in China since August. In blue provinces there is either no outbreak or considered free of ASF again. https://marygreeley.com/?p=79724 https://www.youtube.com/watch?v=nglqDSz9twU