Breaking news, updates, and reports on current events.
BULLISH SENTIMENT CRASHES It looks like all of the negative talk from some high-profile investors in recent days has made its way into the heads of individual investors, causing them to turn increasingly bearish on equities. According to this week’s sentiment survey from AAII, bullish sentiment crashed from 45.1% down to 29.35%. That’s the largest one-week … Read more
by Michael Snyder We finally have the official numbers, and they aren’t pretty. Reid Wilson, a correspondent for the Hill, has posted to Twitter a year by year breakdown of sexual harassment settlements and awards that he received from the Congressional Office of Compliance. I went ahead and added up each column, and what I discovered is that … Read more
By Michael Snyder Could you afford to pay $3000 a month for health insurance? Previously, Ian Dixon had been paying $900 a month for health insurance for his family of four, but thanks to changes in the Charlottesville insurance market, a similar plan will now cost him more than $3,000 a month. When I first … Read more
By Michael Snyder Whenever we see an inverted yield curve, a recession almost always follows, and that is why many analysts are deeply concerned that the yield curve is currently the flattest that it has been in about a decade. In other words, according to one of the most reliable indicators that we have, we … Read more
by Thinker Well, the sexual abusers of women and children are coming out from all corners of the world. How many more will the world hold their mouths open and be shocked about? The tape of Hillary that the NYPD was sent from Wikileaks will be the icing on the cake for alternative media. How … Read more
Most Important Find – A comprehensive review of the investigation by 3rd parties: https://www.archives.gov/files/research/jfk/releases/docid-32282019.pdf They concluded that both the CIA and FBI are covering something up, their findings are included. A sample: “The FBI had a pre-assassination case on Lee Harvey Oswald. They opened it when he defected to the Soviet Union and they interviewed him … Read more
News Articles here: 1. Russia, Venezuela Sign Deal on $3.15 Billion Restructuring https://www.bloomberg.com/news/articles/2017-11-15/russia-venezuela-sign-deal-on-3-15-billion-debt-restructuring?utm_content=markets&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&cmpid%3D=socialflow-twitter-markets 2. US dollar will lose its ‘kingpin’ status – economist Jim O’Neill https://www.rt.com/business/409904-us… 3. How the Developments in Saudi Arabia May Foretell Collapse of Petrodollar https://sputniknews.com/analysis/2017… 4. How a New Inflation Measure Would Raise Taxes on the Middle Class https://www.wsj.com/articles/how-a-ne… 5. San … Read more
AUSTIN, Texas (Nov. 15, 2017) – The Texas Bullion Depository took a step closer becoming operational earlier this month when officials announced the location of the new facility. The creation of a state bullion depository in Texas represents a power shift away from the federal government to the state, and it provides a blueprint that could … Read more
by John Rubino Insanity, like criminality, usually starts small and expands with time. In the Fed’s case, the process began in the 1990s with a series of (in retrospect) relatively minor problems running from Mexico’s currency crisis thorough Russia’s bond default, the Asian Contagion financial crisis, the Long Term Capital Management collapse and finally the … Read more
by Ruby Henley There is so much to understand about the Las Vegas Massacre; thus, this report will be lengthy and intertwined with many aspects evolving into the tragic event of October 1, 2017. I am asking the reader to bear with me on my awkward path to what I perceive to be the truth, … Read more
by Chris Black The oh-so-tolerant Sweden is confronted with a massive increase in sexual assaults and in crime generally speaking since the country decided to commit cultural suicide and opened wide its borders to hundreds of thousands of so-called refugees (actually welfare shoppers) from Africa and the Middle East, the vast majority of them being … Read more
By Robert Carbery Debt-ridden Millennials just can’t handle real life. Hit with a never before seen amount of debt and facing a shifting and hollowing job market, it’s little wonder that a shocking number of Millennials say they are having a crisis at their current point in life when they are supposed to be finding … Read more
A Wave Is a Comin’ The last two weeks have seen some significant movement in Democrats favor. First, there were the impressive results from last Tuesday’s elections. This week, we’ve seen two polls — one by Quinnipiac and one by Marist — that show Democrats with a congressional ballot advantage of +13 to +15. Three … Read more
By Robert Carbery Las Vegas has suffered in the wake of the deadly shooting from the Mandalay Bay. In the eight weeks before a gunman (or gunmen) killed 58 innocent people and injured 546 more, air bookings to Vegas were already down 7% for domestic flights and 2% for international flights on a year … Read more
From Jeff Clark, Editor, Delta Report: The junk bond market is selling off hard. The less-than-investment-grade sector of the corporate bond market peaked about one month ago. The decline started slowly enough. But it picked up steam last week. And now, high-yield bonds are in free fall. Here’s an updated look at the daily chart of … Read more
Greenlight’s Einhorn Says Issues That Caused the Crisis Are Not Solved Greenlight founder cites too-big-to-fail, few rating agencies At Oxford Union, Einhorn stands behind struggling short bets Hedge-fund manager David Einhorn said the problems that caused the global financial crisis a decade ago still haven’t been resolved. “Have we learned our lesson? It depends what the … Read more
by Chris Black The latest news on the Trump Derangement Syndrome epidemic which wreaks havoc in the US for more than a year now is about a water bottle. Yes, you got that right. President Trump dared to take a sip of water from a plastic water bottle during one of his recent speeches and … Read more
by Michael Snyder For decades, Americans have known that very sick things happen behind the scenes in Washington D.C., but the mainstream media nearly really talks about any of it. But now the curtain is starting to be pulled back, and the revelations about Al Franken are just the beginning. Earlier this week, I wrote an … Read more
by Dr. Eowyn Answer: Mall of America, Bloomington, Minnesota, USA. The swarming horde are Somali Muslims. In the mid-1990s, Somali “refugees” began to settle in the United States as their country, Somalia in East Africa, descended into political turmoil. Minnesota was one of their prime destinations. As of 2017, the state has an estimated 57,000 Somalis, … Read more
$HYG Triangle of Death pic.twitter.com/yrHMIMBFms — Alastair (@StockBoardAsset) November 16, 2017 China home sales vs. 3yr yield $acwi pic.twitter.com/RhCrpmnmGs — Teddy Vallee (@TeddyVallee) November 16, 2017 Fear of glut grips commodities. Bloomberg Commodity Index has lost all 2017 gains. pic.twitter.com/20GYOAoMS0 — Holger Zschaepitz (@Schuldensuehner) November 15, 2017 https://twitter.com/NorthmanTrader/status/930859102124806144 The last time 2s10s (monthly) triggered a … Read more
FCC Plans December Vote to Kill Net Neutrality Rules FCC Chairman Pai to set vote overturning Obama-era regulations Rules ban interfering in web traffic or favoring content The U.S. Federal Communications Commission next month is planning a vote to kill Obama-era rules demanding fair treatment of web traffic and may decide to vacate the regulations altogether, … Read more
by Mark Angelides As news breaks that Senator Al Franken was sexually inappropriate with journalist Leeann Tweeden whilst on a USO tour in 2006, it’s time to see if the Democrats and Republicans are really as concerned by the Roy Moore allegations as they claim to be, or whether it is just a feeble attempt to … Read more
By Robert Carbery Five articles of impeachment were put forward Wednesday by House Democrats as the push for removing Trump reaches the action stage. The time for talk is over! Though it will certainly not go anywhere or get any kind of hearing, George Washington University Law Professor Jonathan Turley said that this move sets … Read more
by Mark Angelides Legislation is being brought to the Senate (announced Tuesday) in a cross party bid that will effectively mean the Federal government has the final say on who is and who is not allowed to buy a firearm. The measures being proposed are a clear power grab aimed at preventing citizens deemed “unfit” to … Read more
by Tom McClellan Even before President Trump’s Asia trip, Chinese 10-year sovereign bond yields have been pushing higher. And that means we should expect the same for U.S. 10-year T-Note yields. I wrote about this relationship back in May 2017, noting that a big spread between the yields in China and the U.S. can mark an … Read more