James Carville Rages Over State of Democratic Party: ‘I’m Scared to Death!’

Animated James Carville pic.twitter.com/ThZrrW0lUt — Acyn (@Acyn) February 4, 2020 Longtime Democratic strategist James Carville sounded the alarm bells on Tuesday night over what he described as the Democratic Party turning into an “ideological cult,” specifically singling out would-be presidential candidate Bernie Sanders. Hell!! it’s to late for turning into….IMHO It’s already happened!! There’s not … Read more

Typical collapse prior to recessions

by WARREN MOSLER Typical collapse prior to recessions: Still working its way lower: Another example of a small move up after a long downtrend that are touted to be a ‘reversal’: Another somewhat misleading headline, as per the year over year chart:

Here is a list of Senate seats in play for 2020

State, Incumbent, Year first elected, Last election margin of victory (% points)  Alabama, (D) Doug Jones, 2017, 1.7 Alaska, (R) Dan Sullivan, 2014, 2.2 Arizona, (R) Martha McSally, N/A, 13.7 Arkansas, (R) Tom Cotton, 2014, 17.0 Colorado, (R) Cory Gardner, 2014, 1.9 Delaware, (D) Chris Coons, 2010, 13.6 Georgia, (R) David Perdue, 2014, 7.7 Georgia, (R) Kelly Loeffler, … Read more

Now in MSM, expert who investigated SARS and MERS says no stopping the virus, it’s 20x worse than flu in severity

Watch the latest video at foxnews.com Jan. 31, 2020 – 5:03 – Center for Infectious Disease Research and Policy’s Michael Osterholm, PhD, argues coronavirus will not be able to be contained and that within months the world will become like China is now.   NOTHING TO SEE HERE, MOVE ALONG: Eerie Drone Video Shows Wuhan Is … Read more

Today’s Scary Investment Prediction

By Harry Dent I just saw an update of John Hussman’s infamous model that shows a very clear correlation between stock valuations, defined as stock prices over U.S. economic gross value-added, and 12-year total investment returns. This indicator is similar to stock market capitalization over GDP, which I have shown recently, except it is more predictive and specific … Read more

Jerome Powell & The Fed’s Great Betrayal

by Michael Lebowitz and Jack Scott “Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a … Read more

Why the Wealthy Prioritize Their Health

In a country where healthcare costs are rising by the day, it can be hard for people to make their health a priority. For many people, amazing wealth seems wealth is the more important thing to focus on – because after all if you have enough money, you can take care of anything, right? Wrong. … Read more

See if you can spot the difference in the Google autocomplete suggestions for “Should I…” yesterday vs. today

See if you can spot the difference in the Google autocomplete suggestions for "Should I…" yesterday vs. today https://t.co/7BKXPD2Fc5 $TSLA pic.twitter.com/yjmB6oruoH — Joe Weisenthal (@TheStalwart) February 5, 2020 OPINION: Tesla's stock has now satisfied an objective criteria of a bubble that is about to burst. The probability of a crash is now more than 80%, … Read more

Parabolic markets only happened 3 times in 100 yrs.

Parabolic markets only happened 3 times in 100 yrs. pic.twitter.com/HuXVEZ0l2e — M/1_LP (@MI_Investments) February 5, 2020 5-Year CAPE ratio is officially at its 2nd highest level in 100+ years. Who cares, bulls say: "Valuations can still reach tech bubble levels." Please… Debt imbalances today are incomparable. What we have is a mix of absurd multiples … Read more

Boris Johnson Tells EU to Stick it on Trade

Won’t comply with EU regulations on trade and will greenlight a US trade deal: UK PM Boris Johnson tells "juvenile anti-Americans" to "grow up and get a grip", as he sets out his vision for increased UK-US trade post-Brexit, adding "the NHS is not on the table" during negotiationshttps://t.co/WnstHrHZZA pic.twitter.com/XNr6womep6 — BBC Politics (@BBCPolitics) February … Read more