Breaking news, updates, and reports on current events.
In the city/country you live in, has real estate become unaffordable? Let me know. Take a look around. Most major cities are experiencing a housing boom as if the money was free. When you look at how low mortgage rates are, you realize that they basically are. When you can finance the entire property, … Read more
By Michael Snyder The cryptocurrency revolution is the biggest story in the financial world right now. In recent days I have spent a lot of time writing about Bitcoin, but the truth is that all of the major cryptocurrencies have been on an unprecedented run lately. In fact, some of them have been rising much faster … Read more
by Michael Snyder When news that a “concealed-carry reciprocity law” had been passed by the U.S. House of Representatives, gun owners all over the nation rejoiced. But what most people didn’t realize is that there had been a last minute change to the bill that could substantially increase the number of Americans that are banned from … Read more
The devaluation of currencies is clear to me. Japan is the best example of a failure. Printing wild amounts of currency just to fill the void creates a complete distortion of reality. No wonder they can’t pull the plug. They know it will be a disaster. What do you think? Companies today are just waiting … Read more
Obamacare Premiums Rise To $40,000 Or More For Some Middle-Class Families President Trump has been saying it for years now: Obamacare can’t survive. Dozens of “exchanges” set up to handle Obamacare subscribers have shut down, leaving some states with a single option for those in need of health insurance. Obamacare premiums across the country are … Read more
by Chris Black If you were having any doubts that the corporate left-wing mainstream media is the real opposition party and President Trump’s sworn enemy, here’s an article, more of an essay actually, published in Huffington Post, which announces its readers that after his 1st year in the White House, President Trump is winning, against … Read more
Being held back in life by financial commitments that you cannot afford to repay is a daunting experience that no-one deserves to live through. We all need to earn money to survive in today’s modern economy. However, the choices we make with our capital determine the success of our financial future. Learning to balance your … Read more
Social media are taking over the world. This is a commonly known truth today. According to Statista, 2.46 billion people worldwide use different kinds of social media as of 2017. And this number is expected to grow up to 3.02 billion by 2021. With stats like this, there’s nothing surprising in the fact that social … Read more
By Michael Snyder The left is willing to use any means necessary to get rid of Donald Trump, and so it should be no surprise that they are now using the #metoo movement as a weapon in their crusade against him. Personally, I have been a big fan of the #metoo movement, and I have … Read more
#TaperCaper #Recession – Morgan Stanley Turns Apocalyptic On Credit: “A Cycle Turn Is Closer Than Many Believe” @zerohedge https://t.co/3nt75EDG5m — TraderStef (@TraderStef) December 10, 2017 Credit check Something happened about the time of the Presidential election that caused a sudden deceleration of bank lending, which had already been decelerating since the collapse of oil capex. … Read more
by Anthony B Sanders US Real GDP is growing at 2.3% YoY. What’s not to like? How about the lowest unemployment rate since 2000 and the worst wage “recovery” in modern times? AND a flattening Treasury yield curve? Yes, we are once more staring into the abyss of a recession where unemployment rates are low … Read more
Debt consolidation allows small businesses to borrow a loan that can pay off all their debts at lower rates and over a long period of time. A small business should look for a good debt consolidation firm that will not bring extra expenses to the business. Small businesses can benefit from debt consolidation in the … Read more
There are cycles that occur which make it possible for us to track in order to predict the movement of the stock market. As time goes on, we see the markets entering levels that are unsustainable. Every indicator is off the charts. Everything is completely out of whack. But have no fear because the financial … Read more
by Charles Hugh-Smith What if bitcoin is a reflection of trust in the future value of fiat currencies? I am struck by the mainstream confidence that bitcoin is a fraud/fad that will soon collapse, while central bank fiat currencies are presumed to be rock-solid and without risk. Those with supreme confidence in fiat currencies might want … Read more
By Michael Snyder One of the things that I love about Bitcoin is that the fun never seems to end. On Sunday, Bitcoin futures began trading on the Chicago Board Options Exchange for the first time ever, and within minutes the CBOE’s website crashed. What a perfect metaphor. Bitcoin and other cryptocurrencies are completely and utterly disrupting … Read more
by Michael Snyder We have never seen a year like this in the history of the state of California. Yes, there are large wildfires in California every year, but this is one for the record books. Well over half a million acres have already been burned, and we still have three weeks remaining in 2017. At … Read more
by Lance Roberts Review & Update No Risk Of Recession Sector & Market Analysis 401k Plan Manager Follow Us On: Twitter, Facebook, Linked-In, Sound Cloud, Seeking Alpha Review I have been traveling a lot the last couple of weeks, so a big “Thank You” goes to Michael Lebowitz for “pinch hitting” for me. This week, I just want to review a couple of things … Read more
Catherine Austin Fitts, who was also an Assistant Housing Secretary in the first Bush Administration, talks about the Mueller/Trump investigation that she says is twisting in the wind and also the gun control and why Americans need firearms now more than ever. Fitts also says a large market correction will probably happen in 2018. Join … Read more
Exuberant stock market, disappearing middle class, history repeats itself [ A 32-year-old mother of 7 children called Florence Owens Thompson, Nipomo, California. February 1936.] One in five American households have ‘zero or negative’ wealth U.S. homes have regained value since the Great Recession, but many households have not Millions of Americans are living on the … Read more
by Mark Angelides As the election for the seat in Alabama draws ever closer, the Republican candidate Roy Moore has been holding his own in the polls. Despite the numerous accusations of sexual misconduct against him, many polls still point to a narrow lead. There is no denying that the accusations have been holding down his … Read more
BY SRSROCCO The U.S. economy continues towards an epic crisis while the overwhelming majority of analysts are completely in the dark. Even though some alternative media analysts understand that our highly leveraged fiat monetary system and markets will crash, they fail to understand the underlying reasons. Thus, we are heading into a future we are not … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter $21 billion of debt. Off-balance-sheet entities. Moody’s wakes up, downgrades it four notches, with more to come. Steinhoff International Holdings – which acquired nine companies in the past two years, including Mattress Firm Holding in the US, and which presides over a cobbled-together empire of retailers and assorted other companies in … Read more
by moneymetals https://s3.amazonaws.com/ILB_MS_BUCKET/ILB-171208-WeeklyMarketWrap.mp3 DOWNLOAD MP3 Don’t want to listen? Read the podcast below! Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear a truly explosive interview with Michael Pento of Pento Portfolio Strategies. Michael describes for us what may be coming in the bond and fixed income markets and the impact … Read more
by Chris Black Due to an influx of fake news and anti Trump propaganda, as per a CBS News poll, a large number of Americans have been misinformed and are now believing that President Trump’s tax cuts are not really tax cuts, but yet another boon for the richest one percent, or something along these … Read more
Gary Cohn, Trumps main Economic Adviser, laughed out loud when asked by Stuart Varney if this was Obama’s economy. Obama’s economy was the worst of any post-war president. Trump’s economy is booming! Gary Cohn, Trumps main Economic Adviser, laughed out loud when asked by Stuart Varney if this was Obama's economy. Obama's economy was the … Read more