Trade war part II? #China’s imports from the US fell 7% in April to the lowest level since February 2019. 12-month average import level remains subdued. Trump just permanently suspended the entry of all Chinese researchers.

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Trade war part II? #China's imports from the US fell 7% in April to the lowest level since February 2019. 12-month average import level remains subdued. pic.twitter.com/qHD2fv5LpG — jeroen blokland (@jsblokland) June 4, 2020 #US to impose restrictions on additional #Chinese media outletshttps://t.co/RR6rBzuqoJ pic.twitter.com/55JjgIcv29 — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) June 4, 2020 Trump just … Read more

Is America being ripped apart by total lies— destroyed by cynical media manipulators and unscrupulous politicians who understand that racial strife is their path to power?

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Is America being ripped apart by total lies— destroyed by cynical media manipulators and unscrupulous politicians who understand that racial strife is their path to power? You can decide what’s really going on.https://t.co/LnVo3agj57 — Tucker Carlson (@TuckerCarlson) June 4, 2020 It seems rioting will be a new normal response every time there's an incident or … Read more

The Federal Reserve’s only purpose is to make things more expensive for you. This criminal enterprise needs to be abolished.

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The Federal Reserve’s only purpose is to make things more expensive for you. This criminal enterprise needs to be abolished. — The Macro Pulse (@TheMacroPulse) June 4, 2020 pic.twitter.com/ztIpX5Vq8b — The Macro Pulse (@TheMacroPulse) June 4, 2020 https://twitter.com/jedimarkus77/status/1268507438212415495 Investors keep pouring money into riskier securities as central banks double down on stimulus. U.S. junk bonds … Read more

Revisiting February again – A fist full of calls and long the market, because we are never going down again. Oops watch here.

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https://twitter.com/ThinkTankCharts/status/1268439306026311680 Market’s Make or Break Moment in One Chart Draws Parallels to the Opposing 2001 & 2009 Recoveries Economic Cycle Research Institute co-founder Lakshman Achuthan has narrowed the possible recovery paths into two scenarios: The dot.com bubble collapse and financial crisis aftermath. Markets are pushing higher on pure #valuation expansion rather than #fundamentals. It's kind … Read more

When Institutions Fail, Fragmentation and Decentralization Become Solutions

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by Charles Hugh-Smith That which has failed is unsustainable, no matter how many trillions the Federal Reserve tosses against the tides of history. The chapter titles of Michael Grant’s excellent account of The Fall of the Roman Empire identify the core dynamics of decline: The Gulfs Between the Classes The Credibility Gap The Partnerships That Failed The … Read more

The DOJ Has Launched An Investigation As More Evidence Emerges That Someone Is Orchestrating The Violent Riots

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by Michael Snyder The Department of Justice has announced that it is attempting to determine if there is a “coordinated command and control” behind the violent riots that have erupted all over the United States.  In recent days, officials all over the country have used words such as “organized” and “organizers” to describe the orchestration that they … Read more

This is What Heavy-Truck Manufacturers Face After a 19-Month Order Collapse to Historic Lows

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“The recovery is expected to be slow and uneven. It has not started quite yet based on the weak Class 8 orders in May.” By Wolf Richter for WOLF STREET. The last three months have been catastrophic for segments of the trucking business, after an already tough period that started in late 2018. In May, orders for Class … Read more

1929 Vs Now: Are We Headed For The Greatest Depression? with Mike Maloney

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by Mike Maloney “What’s coming will be the weirdest, most twisted thing you’ve ever seen, something that will be very hard to predict—so the more educated you are on history the better chance you’ll have at surviving it.” This sobering quote from Mike Maloney highlights why he devotes his new video to the Great Depression… … Read more

While we’re on the topic of looting.

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While we’re on the topic of looting. pic.twitter.com/YK5qFG58wn — Michael Krieger (@LibertyBlitz) June 3, 2020 The 'why' and how: Top 20% owns 84% of assets. Gov't debt is spiraling while spending diverted by lobbyists to corporations + their shareholders. The Fed and other central banks printed $15T to inflate another bubble (3rd in 20 yrs) … Read more

Nope! Your white-collar job isn’t safe!! Most households are near broke. Money printing doesn’t fix the economy.

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Nope! Your white-collar job isn’t safe!! https://t.co/p675Mquceh — CĂ©dric Sam (@cedricsam) June 3, 2020 Red line = money printed for financiers. White line = everyone else. Hope y’all enjoyed that $1,200 check. https://t.co/QdRj9J2efX — Michael Krieger (@LibertyBlitz) June 3, 2020 MOST HOUSEHOLDS ARE NEAR BROKE pic.twitter.com/dtgbOJKORQ — Win Smart, CFA (@WinfieldSmart) June 3, 2020 https://twitter.com/DonDraperClone/status/1268244281115971584 … Read more

RUSH: If the Democrats win, if Biden, whoever wins the presidency, New York is the model for where we’re headed, from nursing homes, to riots, to everything in between.

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via rushlimbaugh RUSH: This is Chris, my adopted hometown, Sacramento, California. Hello, sir. CALLER: Hey, good morning, Rush. RUSH: Hi. CALLER: Mega dittos and mega prayers. RUSH: Thank you, sir. CALLER: Just as a segue from what you were just speaking about before the break, you know, the theory that I proposed to your screener was, … Read more