by Troy On a slow moving day for the U.S. stock market, today’s big news is that “Retail Sales crashed, just like in 2008/2009!!!”. Financial media jumped all over this – nothing sells like bad news. Go here to understand our …
Reuters: Chance of a U.S. recession up, number of Fed rate hikes down BENGALURU (Reuters) – There is a one-in-four chance of a U.S. recession in the next 12 months, a scenario that should keep the Federal Reserve from raising …
from Zero Hedge One day after she took full responsibility for Amazon’s shocking decision to pull out of Long Island City due to a hostile political reception in New York, 29-year-old Alexandria Ocasio-Cortez has once again grabbed the spotlight on Friday …
by Brian Maher of Daily Reckoning From valley to peak in the space of one month… The bears were poised to claim final victory in late December… and black crepe was unfurling over Wall Street. The major averages lost nearly 20% …
Ken Schortgen interviewed by Sean on SGTreport Author Ken Schortgen joins me to discuss the coming global monetary reset which, as Ken explains, cannot be avoided. Ken notes that central banks around the world are now buying gold in volumes not seen since …
from Financial Survival Network As we wrote recently, high tax states like NY, CA, CT, NJ, MA, IL and others are starting to feel the new tax law’s impact. Governor Andy Cuomo went to the White House hat in hand to …
by Nomi Prins via Daily Reckoning In the land of the Federal Reserve and its market-manipulating mechanisms, there’s now an unofficial market term called the “Powell Put” or the “Powell Pivot.” It is in direct reference to Fed chairman Jerome Powell. Before he …
By Tsvetana Paraskova Squeezed between peak oil demand forecasts and investor demand for increasingly environmentally conscious investments, the world’s largest oil companies have started to venture into clean energy and new technologies in recent years. Some oil supermajors have been …
by Simon Black Last month, Chicago hedge fund billionaire Ken Griffin spent $238 million on a condo in New York City. It was the most expensive home ever sold in the US (but only one piece of Griffin’s massive, luxury real estate portfolio). …
by Dr. Eowyn Earlier today, Senate Majority Leader Mitch McConnell (R-Kentucky) said President Donald Trump will sign Congress’ border security compromise, which is really a bi-partisan collusion for open borders. The product of nearly three weeks of talks, the agreement …
by Dr. Eowyn Ryan Gaydos reports for Fox News, Feb. 11, 2019, that sheriffs in 12, mostly rural, counties in Washington state are refusing to enforce a new gun-control law, Initiative 1639, that was passed last November, on the grounds that …
by DCG You’ll never see demorat bureaucrats forcing businesses to disclose any ties to the baby-killers Planned Parenthood. Mayor Eric Garcetti tweeted the following about this action: “Thoughts and prayers are not enough for L.A. Angelenos deserve to know who their City does …
Well worth the watch. I have thought a lot of things about Alexandria Ocasio-Cortez and the Green New Deal. However, after closer consideration…I’ve realised it’s much, much worse than I thought. h/t The Pale Horse Jockey
By Harry Dent I just gave my second keynote for a major, top-secret crypto conference. It was SO secret, the organizer didn’t disclose the location on the website and only let us know where to travel to at the last …
by WARREN MOSLER Starting to look more like most of the rest of the world: US retail trade fell by 1.2 percent from a month earlier in December 2018, following a revised 0.1 percent growth in November and missing market …
insane provisions in the amnesty omnibus bill Before getting into the details of this crazy omnibus bill, it’s important to recognize that we don’t understand all the details. The worst provisions are written in vague language ensconced in an 1,169-page …
via consortiumnews: When Hawaii’s Rep. Tulsi Gabbard announced her plans to run in the 2020 presidential election, I predicted that it would disrupt war propaganda narratives and force a much-needed conversation about U.S. interventionism, but I didn’t realize that it would happen so quickly, so …
GREAT MOMENTS IN GASLIGHTING. ABC Political Director Rick Klein Defends Green New Deal: ‘They’re Not Taking Away Your Hamburgers, Cars, Planes:’ “And if you don’t have a name attached to it and you don’t misconstrue it. If they’re not taking away …
Which is why it was impossible not to smirk when moments ago House of Representatives Foreign Affairs Committee Chairman Eliot Engel said that “Congress would not support a US military intervention in Venezuela” during a hearing on the crisis in …
by Playaguy This video is already over a year old but still worth the half hour, in my opinion. A man who writes a cartoon strip has a very interesting perspective on society. In this video he shares his opinion …
People are Oddly Calm After the Former Deputy Director of the FBI Just Admitted He Conspired With the Deputy Attorney General to Carry Out a Coup d’état on the President https://thehill.com/homenews/administration/429960-mccabe-said-justice-dept-discussed-25th-amendment-confirms-rosenstein Michael Tracey Verified account @mtracey The top law enforcement …
by Michael Snyder All over America retailers are going bankrupt and closing stores. Of course this has been happening for years, but as you will see below the numbers have dramatically escalated during the early portion of 2019. Our landscape …
by Michael Snyder On Wednesday, the House and the Senate both passed a massive 1,159 page spending bill that they were given less than 24 hours to read. There was a concerted effort by the leadership of both parties to …
Judge removes Manafort’s plea deal. McCabe admits everything,[RR] is leaving his post, he never testified but he has no problem speaking to reporters. Mueller’s insurance policy is almost up. MSM prepares the public for Mueller’s Russian Collusion report, they are …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Consumer exuberance maxed out last summer and has since changed direction. The headlines today were all about retail sales that “fell most since 2009,” or as the WSJ put it, “at Fastest Pace since 2009,” or …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Prudent cost-cutting move artfully dressed up as response to local politicians that had railed against the $3-billion corporate welfare package. Amazon scuttled plans to build its HQ2 in New York City today, citing opposition by some …
by Charles Hugh-Smith The smart money is liquidating assets, paying off debt and moving capital into collateral that isn’t impaired by debt or speculative valuations. The Federal Reserve’s sudden return to “accommodative” dovishness in response to the stock market’s swoon …
by John Rubino People who assumed the Fed, along with the rest of the government, would cave the minute the financial markets got a little choppy turned out to be right. A couple of bad months and the “normalization” of …
Two thirds of the American people declare bankruptcy because of medical bills. Obama’s ACA was suppose to fix this, it did not.US retail is collapsing, it is a race against time, the [CB] economy is deteriorating at an accelerated rate, …
