In March 2021, the yield on a 10 year U.S. Treasury note averaged 1.61 percent. This forecast is for it to fall to 1.30 percent by November 2021

https://www.statista.com/statistics/247565/monthly-average-10-year-us-treasury-note-yield-2012-2013/ Mainstream consensus is 1.9% (if not 2.2%!) My own belief is sub-zero in August or Q4. In 1990 a multi-year downtrend began, ending in 1993. Also 2000 – 2003 and 2007 – 2012. All three episodes had “pauses” in the middle. I suspect Q1, Q2 are that pause. Possibly with Q3 as part of … Read more

Southwestern states preparing to cope with first ever water emergency

https://www.msn.com/en-us/weather/topstories/facing-a-colorado-river-shortage-arizona-prepares-for-the-pain-of-water-cutbacks/ar-BB1gehC4 With the Colorado River’s largest reservoir just 38% full and declining toward the threshold of a first-ever shortage, Arizona water officials convened an online meeting this week to outline how the state will deal with water cutbacks, saying the reductions will be “painful” but plans are in place to lessen the blow for affected … Read more

SPX P/E ratio at a level last seen during the late irrational exuberance period.

$SPX P/E ratio at a level last seen during the late irrational exuberance period. The rest is history. @markets pic.twitter.com/5DDBdrAKAz — Michael A. Arouet (@MichaelAArouet) May 1, 2021 Vigilance required. A plethora of E/wedges. No room for complacency . No room for ignorance. No room for rent. pic.twitter.com/dz8VdIGlBy — The Great Martis (@great_martis) May 1, … Read more

Violent Criminal Gangs Become More Powerful Each Day as Venezuela Crumbles

by J.G. Martinez Violent criminal gangs are running more than half of Venezuela. Some people know how messed up Venezuela is these days. Having lived there for decades, I have a better understanding of why. Until there is a return to democracy, however, I can’t fully disclose the reasons.  Recently a shooting incident left several officers and civilians injured … Read more

CULTURE OF CORRUPTION: Powerful teachers union influenced CDC on school reopenings, emails show.

The American Federation of Teachers lobbied the Centers for Disease Control and Prevention on, and even suggested language for, the federal agency’s school-reopening guidance released in February. The powerful teachers union’s full-court press preceded the federal agency putting the brakes on a full re-opening of in-person classrooms, emails between top CDC, AFT and White House … Read more

FLASHBACK: Democrats say Black lives matter but it’s becoming clear they only matter sometimes, which explains why Democrats blocked Tim Scott’s justice reform bill.

Do Black lives matter to Democrats? As Tim Alberta recently reported, a lot of Black voters think the answer is no. That may explain why the Democrats are blocking the GOP justice reform bill in the Senate: With Black voters already discouraged, Democrats don’t want them to get the idea that Republicans may have something to offer. Alberta’s reporting, in … Read more

BLM-Antifa Target Restaurant in Louisville, At Least One Protester Is Armed – Patron Pulls a Pistol!

BLM-Antifa Rioters Target Upscale Restaurant in Louisville, Kentucky, At Least One Protester Is Armed! – Restaurant Patron Pulls a Pistol! …The patrons were having none of it as they faced the mob and taunted them like, ‘Come on, Let’s go!” https://www.thegatewaypundit.com/2021/05/blm-antifa-rioters-target-upscale-restaurant-louisville-kentucky-heroic-patrons-refuse-bow-tell-mob-bring-go/ The group is walking on the sidewalk, past police. pic.twitter.com/26wLPQbAKl — Hayes Gardner (@HayesGardner) … Read more

Federal Reserve’s Bizarre Mortgage-backed Securities (MBS) Purchase Strategy With Ultra-low Available Housing Inventory (Housing Bubble Preservation?)

by confoundedinterest17 Chairman Powell, tell me why The Federal Reserve is buying so much agency mortgage-backed securities (MBS) while there is a dearth of available housing inventory? Especially when home prices are growing at 12.2% year-over-year? Mortgage rates were already falling starting in December 2018, but started rising again in 2021 …until March when they began falling … Read more

China Communist Party has been illegally publishing multipage ads disguised as news articles in the New York Times and Washington Post for over a decade

China routinely broke federal law by not disclosing how much it spent to publish regime propaganda in the New York Times, the Washington Post, and other newspapers, an expert review of foreign agent registration filings concluded. China Daily, an official mouthpiece of the Chinese Communist Party, has published hundreds of propaganda articles designed to look like ordinary news … Read more

Bill Maher now admits Russiagate was ‘reported erroneously’ after years of pushing Trump collusion narrative

“Real Time” host Bill Maher offered a rare admission about the Russia collusion narrative that he himself promoted during the Trump presidency. For years, like many other liberal news outlets and late-night comedians, Maher pushed the conspiracy that the Trump campaign was in bed with the Kremlin during the 2016 presidential race, even going as far as declaring then-President Trump a “traitor” for … Read more

Schwab Wants a Digital Citizenship to Use the Internet

by Martin Armstrong https://www.armstrongeconomics.com/wp-content/uploads/2021/05/Digital-Citizenship.mp4 The World Economic Forum recently ran a Livestream with Interpol, Cloudflare, and a cybersecurity firm to discuss the upcoming cyber pandemic agenda, which many believe will be their next step to justify creating a Digital Citizenship to be able to even use the internet. Cloudflare’s COO who is advises on digital identity/citizenship for internet users. You … Read more