Breaking news, updates, and reports on current events.
Jack Davis for the Western Journal reports, A challenge to President Donald Trump’s Border Wall has been rejected by the Supreme Court. The court, without comment, last Monday rejected a request from three environmental groups to hear an appeal of a lower court decision that allowed construction of the wall to proceed. https://www.youtube.com/watch?v=dT7Dapb-SSI Read More/Source/Credit/FairUse: … Read more
by FS Source: TradingView. All indexes are unmanaged and cannot be invested into directly. Oppenheimer’s Ari Wald says we’ve now broken a multi-year uptrend in the US stock market that started in February 2016 with greater downside risks to commodities and other areas. Wald now sees us in an important transitional period for stocks where … Read more
https://twitter.com/seanmdav/status/1073674808963952640 But it’s not just the missing Flynn 302 that raises red flags about this investigation. It’s the fact that the Strzok 302 interview–the sole basis for the Flynn charge–was conducted just 4 days after Lisa Page was fired and days before Strzok himself was fired by Mueller. h/t mad-liberals
For More Information See: https://www.zerohedge.com/news/2018-1… https://www.cnbc.com/2013/12/03/world… https://www.independent.co.uk/news/wo… https://www.flagusa.org/patriotismrep…
by Kimble Charting This chart looks at the Bank Index (BKX) over the past 25-years on a monthly basis, reflecting that currently, the 9-year trend in the index remains up. The index may have created a double top this year, at the same level the financial crisis started unfolding back in 2007. This index has created a bearish divergence … Read more
‘ Facing thousands of lawsuits alleging that its talc caused cancer, J&J insists on the safety and purity of its iconic product. But internal documents examined by Reuters show that the company’s powder was sometimes tainted with carcinogenic asbestos and that J&J kept that information from regulators and the public. ‘ Investing wise this … Read more
By Bill Bonner DELRAY BEACH, FLORIDA – We’re down in Florida to meet a new grandchild. It’s a different world down here – different from Ireland, Maryland, France, Argentina… our usual haunts. Florida is flat. And barely above sea level. If the North Pole keeps warming, much of South Florida will be underwater soon. The … Read more
by mikeleoncraft The look on Mark Meadows face says it all. He seems a little worried and red eyed over the realization that there has been a closely held, well hidden from prying eyes. Ongoing criminal investigation into the Clinton Foundation. Arkansas Grand Jury Convened To Indict Bill and Hillary Clinton A grand jury … Read more
by Graham Summers of Gains, Pains, & Capital Yesterday’s bounce was yet another example of why bear markets are so difficult to navigate. Everyone is so excited that President Trump might be able to cut a deal with China… that they’re buying stocks without looking at the BIG PICTURE. And it’s going to cost them The BIG PICTURE is that … Read more
From Birch Gold Group Whether or not you think the U.S. should build a wall, POTUS has threatened a government shutdown if an agreement for about $5 billion in needed funds isn’t reached. Over at MarketWatch we get the “bottom line” from POTUS: “If we don’t have border security, we’ll shut down the government,” Trump said at the White … Read more
From ZeroHedge: The Committee to Protect Journalists, an advocacy group, has released its annual census showing the number of journalists imprisoned across the world. As Statista’s Niall McCarthy notes, more than 250 journalists are behind bars for the third consecutive year and the CPJ said that an authoritarian approach to critical news coverage is more than just a temporary spike. … Read more
So you gotta pay $12,000 to meet your yearly premium + deductible before they start covering anything? Wow, that isn’t health insurance. That’s disaster insurance. Thanks Obama. h/t vladimirpoopen
President Trump knew he had video on them before the meeting. They walked right into this! @realDonaldTrump “Let’s not do a shutdown, Democrats – do what’s right for the American People!” Let’s not do a shutdown, Democrats – do what’s right for the American People! pic.twitter.com/bZg07ZKQqo — Donald J. Trump (@realDonaldTrump) December 13, 2018 “Chuck … Read more
From Jim Rickards at The Daily Reckoning: On Saturday, Dec. 1, at the end of the G-20 meeting in Buenos Aires, President Trump and his team of trade and finance advisers had dinner with President Xi Jinping of China and his team. The purpose was to discuss the ongoing trade war between China and the U.S. … Read more
My favourite quote: If people can’t control their own emotions, then they have to start trying to control other people’s behaviour. h/t Jim
by John Rubino Despite all the ominous press being devoted to the soon-to-be-inverted yield curve, it’s not always clear why such a thing matters. In other words, how, exactly does a line on a graph slipping below zero translate into a recession and equities bear market, with all the turmoil that those things imply? The answer … Read more
From By Javier Blas and Tina Davis via Bloomberg: After flooding the U.S. market in recent months, Saudi Arabia plans to slash exports to the world’s largest oil market in the coming weeks in an effort to dampen visible build-ups in crude inventories. American-based oil refiners have been told to expect much lower shipments from the … Read more
House Oversight Committee Chairman Mark Meadows is slamming two Clinton Foundation whistleblowers for refusing to share crucial documents with lawmakers. On Thursday, John Moynihan and Larry Doyle rejected Meadows request to turn over 6,000 pages of evidence, which could implicate the Clinton Foundation in a pay-to-play scheme. However, the whistleblowers did agree to answer the … Read more
Prominent short seller Jim Chanos says he’s concerned about the fragility of the stock market in response to increases in interest rates. “One of the things that worries me is just how fragile we seem to be to small rises in interest rates,” Chanos told CNBC’s Sarah Eisen. While government debt rates rallied for much … Read more
via Tess Pennington: ‘Twas the night before Christmas, when all thro’ the house/ Not a creature was stirring, not even a mouse;/The stockings were hung by the chimney with care,/… … but mom forgot to stuff them and now they’re bare.” If you’re anything like me, you probably spent countless hours organizing your Christmas lists, reading product … Read more