Trump Retweeted That The FBI Is A Criminal Organization!

Steph @steph93065 This is Richard Jewell. Listen to him. President Trump could read the same statement. The @FBI & their media partners are criminal organization under the guise of “keeping us safe” They are tyrants and it isn’t new. https://twitter.com/steph93065/status/1204960786013024257 Trump tweet Wow! https://t.co/gYGUEKpGac — Donald J. Trump (@realDonaldTrump) December 16, 2019   AC

Tucker Carlson: IG report is a big, big problem for CNN, others – They are exposed as liars and know-nothings

Tucker nails it again. Watch the latest video at foxnews.com ————————————————————-​———————————————————– Thanks to the Department of Justice IG report — the one released on Monday — we now know for certain what was, for those paying attention, fairly obvious for a long time — in fact, from the beginning. We now know the Steele dossier … Read more

British Elections are a Warning to Democrats

by Martin Armstrong   I have been warning that our computer has been projecting the decline and fall of socialism. Moreover, we have pointed out that the Democrats are actually in a long-term protracted bear market and ever since the first election of FDR in the Great Depression, they have been making lower highs and … Read more

World Economy Haunted by Risk Just Got a Double Shot in the Arm

by confoundedinterest Its a double shot of economic love! (Bloomberg) — Two of the biggest hurdles constraining the world economyhave just been cleared. Dogged for most of 2019 by trade tensions and political risk that hammered business confidence, the outlook for global growth will enter 2020 on a firmer footing after the U.S. and China struck a partial trade deal and … Read more

Consumer confidence is the next shoe to drop

Peak consumer complacency. Falling personal finance survey is likely a key hint. Abundance of macro imbalances with labor market starting to crack & corporate earnings already contracting. Consumer confidence is the next shoe to drop. pic.twitter.com/Kl4qNKrLWc — Otavio (Tavi) Costa (@TaviCosta) December 15, 2019

System Failure: Central banks can’t reduce liquidity or markets fall apart and the process of never letting markets correct is producing valuations across the entire economic spectrum worse than even 2000

by northmantrader Rarely has failure been celebrated so much. But it is of little wonder after all, as all asset classes rose in 2019 in spite of slowing growth and flat to declining earnings. In religious debates the question is often asked: Why is there something instead of nothing? In financial markets the corollary question may … Read more

US and China reached a trade agreement, but key details still unclear

After the U.S. and China announced the “phase-one” trade agreement, a critical point remains in question: agricultural purchases. U.S. Trade Representative Robert Lighthizer says China would buy at least $16 billion more agricultural goods in each of the next two years, Reuters reported. “That scale of purchases seems implausible and Chinese officials were reluctant to … Read more

PayPal and Microsoft’s employee holiday gift is a game changer for working parents

https://www.cnbc.com/2019/12/15/paypal-and-microsofts-employee-holiday-gift-thrill-working-parents.html PayPal, Microsoft and others are giving the gift of child care this holiday season so working parents can attend holiday office party and shop after hours. The online payments company and tech giant have teamed up with Bright Horizons, a provider of employer-sponsored child care. Microsoft and PayPal believe this initiative will raise productivity … Read more

Boeing reportedly nears decision on cutting or halting 737 Max production

https://www.cnbc.com/2019/12/15/boeing-considers-halting-or-further-cutting-737-max-production-wsj-reports.html The aerospace giant increasingly views a pause in production as the most viable option, according to The Wall Street Journal. Boeing’s board is meeting in Chicago on Sunday and a decision could come as soon as Monday. FAA chief Steve Dickson told CNBC on Wednesday that the regulator likely wouldn’t clear the 737 Max’s … Read more

The December eurozone malaise was led by sharpest fall in manufacturing output for over 7 years, down for 11th straight month.

https://t.co/NvFBDjCQvL — Teddy Vallee (@TeddyVallee) December 16, 2019 Markit: Eurozone malaise extends in December, ending worst quarter since 2013 (where are these "green shoots" that market has already priced in?) — Alastair (@StockBoardAsset) December 16, 2019 Another GDP forecast downgrade – now from New Zealand https://t.co/7YA092uqs7 — investingLive (@investingLive_) December 15, 2019

S&P 500 Forward PEG Ratio. So we got that goin’ for us. Which is nice.

S&P 500 Forward PEG Ratio. So we got that goin' for us. Which is nice. pic.twitter.com/LExmss6YFD — Not Jim Cramer (@Not_Jim_Cramer) December 15, 2019 Spotted: multiple expansion on steroids!$AAPL Apple's forward P/E ratio has almost doubled from the December 2019 low, now above 21, highest since April 2010. pic.twitter.com/RMvpZYSRLH — IV (@iv_technicals) December 16, 2019

Democrats Stop Worrying & Learn To Love Deficits

by Lance Roberts I was stunned by a recent article from Marshall Auerback via The Nation entitled “Why Democrats Need To Stop Worrying And Love The Deficit.” “Delivering on big progressive ideas like Medicare for All and the Green New Deal will never happen until Democrats get over their fear of red ink.” While the article … Read more

France records 391-mile traffic jam… Tensions mount over transport strike

A traffic jam of 391 miles was recorded on the outskirts of Paris on Monday morning as fresh strikes over pension changes brought public transport to a standstill in France for a third week. President Emmanuel Macron’s government appeared determined to push ahead with its plans despite the French transport strikes causing widespread disruption as they enter their twelfth day. In … Read more