Is a massive eviction wave imminent?

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via Zerohedge: The Federal Housing Administration (FHA) was able to stop evictions of renters during the coronavirus pandemic. The Coronavirus Aid, Relief, and Economic Security Act (CARES) also made it unlawful for landlords to evict tenants in federally subsidized or federally backed housing. However, those protections are set to expire today (Friday, July 24). Washington D.C.-based think tank Urban Institute estimates the … Read more

CDC Boss Says He’s “Absolutely” Comfortable Sending His Grandkids to School

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The head of the Centers for Disease Control and Prevention said Wednesday he would be “absolutely” comfortable with his grandchildren heading back to school despite the coronavirus pandemic. Dr. Robert Redfield said he would only be hesitant about one of his 11 grandchildren, a grandson who has cystic fibrosis. “But my other 10 grandchildren — … Read more

COLD WAR II: U.S. charges Chinese researcher with lying, as tensions rise. China orders closure of US consulate in Chengdu

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U.S. charges Chinese researcher with lying, as tensions rise. Federal prosecutors have charged a Chinese cancer researcher at the University of California, Davis, with lying about her ties to the Chinese military and Communist Party when seeking a visa to come to the U.S. The FBI believes she is evading arrest by staying at China’s … Read more

Stock Market Disconnected From Economic Reality? Don’t Fight The Narrative

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via The Daily Reckoning. It’s widely believed that the stock market looks ahead and discounts the future. But consider this November’s presidential election… Joe Biden has a substantial lead over President Trump in the polls. But Biden’s platform is not what you would call market friendly. For example, it calls for a 39.6% tax rate … Read more

See America’s dark revolutionary future

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by Fabius Maximus Summary: It is amazing to see the lack of analysis about the current waves of political change sweeping America. Let’s guess about possible revolutionary futures. They are all dark. “A revolution is not a dinner party, or writing an essay, or painting a picture, or doing embroidery; it cannot be so refined, so … Read more

Mass exodus, 90 Chinese nuclear scientists suddenly resign high paying jobs with no explanation.

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HMM: 90 Chinese nuclear scientists resigned; investigation underway. The State Council, China’s Cabinet, has sent an investigative team with other government agencies to look into the recent resignation of over 90 nuclear security scientists at an institute of the Chinese Academy of Sciences, the academy said on Tuesday. The mystery surrounding the resignation of half of … Read more

Introducing the “Everything Bubble” Sentiment-o-Meter

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by Charles Hugh-Smith Since human wetware remains stuck in OS1.01, we can predict a remarkable reversal. The “Everything Bubble” has been a sight to behold. With central banks providing trillions to the big players and margin debt enabling small punters to leverage up, the hot money rotation has been a real merry-go-round as one asset and sector after … Read more

The Weekly Perspective with David Morgan – Is There a Great Depression Coming?

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from The Morgan Report David Morgan‘s weekly perspective… We’ve only had one depression in modern times: The Great Depression, the worst economic downturn in the history of the U.S. and the industrialized world. With unemployment at levels unseen since The Great Depression, one has to be wondering if the country will eventually dip into a major … Read more