The global slowdown was not driven by the trade war and will not change to strong growth with the trade deal.

The global slowdown was not driven by the trade war and will not change to strong growth with the trade deal. Recent political catalysts like the phase one trade deal and the UK elections are unlikely to be major drivers of global growth trends. pic.twitter.com/8ADLzdFSJ9 — Daniel Lacalle (@dlacalle_IA) December 17, 2019

“Our military would never allow SOCIALISM of any kind in our country”

by thegeebeebee This is telling. @SenSanders has received more contributions from military members than Joe Biden, Pete Buttigieg, and Donald Trump combined. pic.twitter.com/t2KJUfMCGm — Andrew Kimmel (@andrewkimmel) December 19, 2019 Article that this chart came from: https://foreignpolicy.com/2019/11/08/2020-presidential-election-democratic-candidates-national-security-employees-contributions/ I do want to make it clear that Bernie Sanders is a Democratic Socialist, which is quite a difference from … Read more

5 Pentagon officials announcing resignation within 7 days

The Defense Department’s senior adviser for international cooperation earlier this week left the Pentagon, marking the fifth top official in seven days to leave or announce their departure. Ambassador Tina Kaidanow, a longtime State Department official who began working in her Pentagon role in September 2018, resigned on Dec. 16, the Pentagon confirmed. Defense News first reported … Read more

The Stock Market Has Become A Private Club For The Elite

by Lance Roberts A recent Peter G Peterson Foundation poll, as reported by the Financial Times, revealed a statistic that we have suspected for quite some time. To wit: “Nearly two-thirds of Americans say this year’s record-setting Wall Street rally has had little or no impact on their personal finances, calling into question whether one of … Read more

Democracy dies in darkness: WaPo reporter celebrates “Merry Impeachmas”

by DCG A tweet last night from WaPo reporter Rachael Blade, which magically disappeared within an hour. Rachael then tried to cover her butt by tweeting this BALONEY: “I’m deleting a tweeting tonight that is being misinterpreted by some as an endorsement of some kind. To be absolutely clear, we at the Post are merely glad we are getting a break … Read more

Severe Clashes between Pakistan Army and Indian Army still going on in Multiple sectors of Neelum Valley. Intense CAPs Activity at Several Locations

Severe Clashes between Pakistan Army and Indian Army still going on in Multiple sectors of Neelum Valley. Intense CAPs Activity at Several Locations including LoC. #LoC #Kashmir #PAF #PakistanArmy Severe Clashes between Pakistan Army and Indian Army still going on in Multiple sectors of Neelum Valley. Intense CAPs Activity at Several Locations including LoC.#LoC #Kashmir … Read more

The Worst Global Depression Is Nigh

by Egon von Greyerz Since the Great Financial Crisis started in 2006,  global debt has more than doubled from $125 trillion to $260 trillion. The more money that has been printed, the lower interest rates have gone. In 2006 US short term rates were 5% and between 2008 and 2015 they were ZERO. Today they … Read more

Mnuchin on Why Nearly $1.5 Trillion Worth of $100 Bills Disappeared

Almost $1.5 trillion of the world’s cash, with U.S. $100 bills making up a great deal of it, is reportedly unaccounted for. So what happened to the money? “Literally, a lot of these $100 bills are sitting in bank vaults all over the world,” Treasury Secretary Steven Mnuchin told FOX Business’ Lou Dobbs during an interview on Tuesday. Mnuchin pointed to the negative interest rates … Read more

As employment downturn continues – Fed money printing props of stocks. Powell couldn’t let cccs implode on christmas week

as employment downturn continues – fed money printing props of stocks pic.twitter.com/eeBw4oOluL — Alastair (@StockBoardAsset) December 19, 2019 Cyclical employment growth is being ignored. Represents over 1/4 of total jobs and still trending lower w/hours worked still moving lower. pic.twitter.com/z2SHnpBwxx — Eric Basmajian (@EPBResearch) December 18, 2019 powell couldn't let cccs implode on christmas week … Read more

FedEx CEO on Global Reality: “The Stock Market Is Very Bullish, But The Industrial Economy Doesn’t Reflect Any Growth At All Worldwide”…..There is reality… and then there is the stock market.

via Zerohedge: Yesterday we covered Fedex’s latest disastrous earnings report, in which the company disappointed Wall Street yet again reporting a huge miss to expectations while slashing guidance. Naturally, analysts – who were once again wrong in expecting a rebound for the logistics bellwether – were quick to slam the results (it’s the company’s fault, not theirs … Read more

Where’s The Inflation? It’s In Stocks, Real Estate, And Higher Education

by Ryan McMaken via Mises In my days before I worked for the Mises Institute, I had a colleague who knew I associated with Austrian-school economists. In the wake of the bailouts and quantitative easing that followed the 2008 financial crisis, he’d sometimes crack “where’s all that inflation you Austrians keep talking about?” But then, in the very same … Read more