America Needs a New National Strategy

by Charles Hugh-Smith A productive national Strategy would systemically decentralize power and capital rather than concentrate both in the hands of a self-serving elite. If you ask America’s well-paid punditry to define America’s National Strategy, you’ll most likely get the UNESCO version: America’s national strategy is to support a Liberal Global Order (LGO) of global cooperation … Read more

The Father of Index Funds Sounds a Warning on Index Funds

by cyclonenation04 TL/DR: Due to the significant growth of index fund use, voting rights and control of public companies are held by an ever shrinking group of index fund managers (Vanguard, Blackrock, Fidelity, State Street) https://www.wsj.com/articles/bogle-sounds-a-warning-on-index-funds-1543504551?mod=mhp https://outline.com/DGK9Td (if paywall) There no longer can be any doubt that the creation of the first index mutual fund was … Read more

The economy is getting worse. What this means for stocks

by Troy The U.S. economy is starting to deteriorate, which is what typically happens in the last year of a bull market. Let’s determine the stock market’s most probable direction by objectively quantifying technical analysis. For reference, here’s the random probability of the U.S. stock market going up on any given day, week, or month. *Probability ≠ certainty. … Read more

Intergenerational Conflict Will Get Worse

by Jeff Deist via Mises Wire The excellent British online magazine Spiked recently published this article warning about deteriorating attitudes toward elderly people in the UK.  As the article points out, there is more to the problem than logistical and financial concerns about providing socialist medical care to an aging population. Nor do increasing lifespans in the West, with attendant increases in loneliness and age-related morbidity, … Read more

This Is How the “Everything Bubble” Will End

via Nick Giambruno: I think there’s a very high chance of a stock market crash of historic proportions before the end of Trump’s first term. That’s because the Federal Reserve’s current rate-hiking cycle, which started in 2015, is set to pop “the everything bubble.” I’ll explain how this could all play out in a moment. But … Read more

Supreme Court set to limit asset forfeiture

What does the government always want? More money. Over the last few years many have taken to a practice called asset forfeiture, where they take what you have and many times never return it, even if it is proven that the person did nothing wrong. This is a terrible practice and too common. Stopping it … Read more

Assange Update – Who is Craig Murray and Why is Mueller Not Mentioning Him?

by Thinker Status of the Julian Assange Hearing in Federal Court today regarding the unsealing of the possible pending charges against Assange and Wikileaks. Discuss why Craig Murray, Former UK Ambassador to Uzbekistan, and Wikileaks Associate, is important to this whole narrative, and delve into why Mueller and the Fake News Media never mention him. … Read more

Winter Is Coming

by Jesse The markets paused today to consolidate their gains. The economic news is not all that good if you look at it closely. But since most mainstream media talking heads just parrot talking points everything is just great. I adjusted and synched up the two equity charts with respect to levels and terminology. Both … Read more

After Obama Claims Responsibility For Increased Oil Production, Former Shell Oil President Says Obama Had Nothing To Do With It

Former president of Shell Oil Company John Hofmeister said former President Barack Obama had nothing to do with America’s increased oil production and actually frustrated many areas of the energy sector. Obama claimed he was responsible for America’s recent oil boom during an event hosted by Rice University’s Baker Institute on Tuesday night and Hofmeister challenged his assessment. “American … Read more

Consumer Discretionary Sector Shows Enormity of the Beat-Down

by Tom McClellan Investors’ appetites for risk taking can be measured with the comparison of the Consumer Discretionary sector versus Consumer Staples.  The big shift in their behavior recently shows the huge abandonment of risk appetite in October to November 2018, but it also creates a huge oversold opportunity. The staples companies make things which … Read more

How come there are so many billionaires in communist China?

From Bloomberg: It’s official now that Jack Ma, chairman of the Chinese e-commerce giant Alibaba Group Holdings Ltd., is a member of the Communist Party. He’s also the richest of a growing gaggle of high-net-worth individuals in China, who between them control $6.5 trillion. The story of how China’s Communist Party, long an opponent of capitalist ideology, created one … Read more