Stocks Plunge! How Bad Will It Get?

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by Adam Taggart via Peak Prosperity What a difference a week makes… As of the time of this publication, over the past day and half, the S&P 500 has fallen by -5.5% and the Nasdaq by -9%. As we have long been warning, tops are processes, which can take months to play out. But corrections are events; they … Read more

Kamala Harris: Biden could lose…. CNN: Joe Biden’s true lead is smaller than it appears

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Sen. Kamala Harris (D-CA) said on Sunday’s broadcast of CNN’s “State of the Union” that Russian election meddling could cause Democratic presidential nominee Joe Biden to lose the 2020 election. https://t.co/1JYb0yvNzf — Breitbart News (@BreitbartNews) September 6, 2020 CNN: Joe Biden’s true lead is smaller than it appears (CNN)Former Vice President Joe Biden continues to … Read more

VIDEO: President Donald J. Trump Calls Out the Military Industrial Complex: They want to do nothing but fight endless wars to make money

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TRUMP: “I’m not saying the military’s in love with me. The soldiers are. The top people in the Pentagon probably aren’t because they want to do nothing but fight wars so all of those wonderful companies that make the bombs and make the planes and make everything else stay happy” TRUMP: "I'm not saying the … Read more

TAXES: Trump Versus Biden

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I guess Biden has to fund his new socialist agenda somehow! TAXES: Trump Versus Biden Corporate Taxes Trump: 21.0% Biden: 28.0% Income and Payroll Taxes Trump: 37.0% Biden: 52.0%* Small-Business Taxes Trump: 29.6% Biden: 39.6% Capital Gains and Dividend Taxes Trump: 23.8% Biden: 43.4% https://www.ajc.com/news/business/wes-moss-comparing-bidens-proposed-tax-plan-vs-trumps-current-policy/WMZNFXISZVHMZKWSU7AMY7CSWI/ From what I can tell, Biden’s proposal would affect a … Read more

Aerial View of Boat Parade for Trump/Pence in Georgia yesterday

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This is an aerial view of the boat parade for @realDonaldTrump yesterday at Lake Lanier in Georgia. It also included Black supporters. The silent majority is about to get “Lit!” @JoeBiden is about to get “Trumped!” @DJTMentionsBot @TeamTrump @BlackVoices4DJT @GOP pic.twitter.com/NmkqbjJhKX — Vernon Jones (@VernonForGA) September 7, 2020 Table Rock lake in southern Missouri. Lot … Read more

Fed has learned about its limited ability to spur activity.

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This chart taken from Gary Shilling's insight shows why CenBank stimuli has little effect on economy: money velocity, ratio of GDP to M2 money supply, which reflects how rapidly money is spent & re-spent, has collapsed. #Fed has learned about its limited ability to spur activity. pic.twitter.com/RANqnxjhf3 — Holger Zschaepitz (@Schuldensuehner) September 7, 2020 If … Read more

SAN FRANCISCO’S MASS EXODUS: 53% Of All Storefront Businesses Are Closed Permanently

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RULES ARE FOR THE LITTLE PEOPLE: San Francisco gym owners livid after discovering gyms in government buildings have been opened for months. Gyms within government buildings in San Francisco have been open for months, despite privately owned establishments being ordered to close due to the coronavirus. “It’s shocking, it’s infuriating,” Daniele Rabkin, of Crossfit Golden Gate, … Read more

Amazon is filled with fake reviews and it’s getting harder to spot them

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Since Amazon’s early days, reviews are the one big metric customers have relied on to determine the quality and authenticity of a product. Amazon’s listings often have hundreds or thousands of reviews, instead of the handful found on competing marketplaces. But many of those reviews can’t be trusted. Thousands of fake reviews have flooded Amazon, Walmart, eBay and others, as … Read more

Kamala Harris Pushes to Make the Rolling Blackouts Taking Place in California a Standard for the Nation

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It’s almost 3 p.m. Time to turn off major appliances, set the thermostat to 78 degrees (or use a fan instead), turn off excess lights and unplug any appliances you’re not using. We need every Californian to help conserve energy. Please do your part. #FlexAlert — Mayor Karen Bass (@MayorOfLA) September 6, 2020 CA ensures … Read more

Richard Grenell gives the media a well-deserved smackdown

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by DCG On Friday Ric Grenell participated in a press conference to announce a Serbia, Kosovo, and Israel economic deal. Listen to Ric talk about this agreement below: BREAKING: @RichardGrenell, ACLJ’s Special Advisor for Nat'l Security & Foreign Policy, broke news of a Serbia, Kosovo, & Israel economic deal brokered by Pres. Trump. Kosovo will recognize Israel … Read more

Gold Is Lower Due To Economic Recovery…?!?

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by Dave Kranzler of Investment Research Dynamics and Chris Marcus of Arcadia Economics There was a Reuters headline yesterday suggesting that the gold price was down based on renewed hopes of a faster than expected economic recovery. Which sounds plausible, but leaves an inaccurate perception of what’s really going on. As Dave Kranzler of Investment Research Dynamics explained yesterday on his weekly … Read more