by visualcapitalist How do you spend your hard-earned money? Whether you are extremely frugal, or you’re known to indulge in the finer things in life, how you allocate your spending is partially a function of how much cash you have coming in the door. Simply put, the more income a household generates, the higher the portion … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But expectations & hopes for the next 6 months rise to less negative. The economic indicator of the Center for European Economic Research (ZEW) in Germany, like other business and financial indicators, has two parts: One for the “Current Economic Situation,” meaning current reality as it is now unfolding, and one … Read more
European banks are in a doom-loop, the same loop that Lehman was in. Core US Factory orders slide once again, the entire world is slowing, this is the [CB] economy imploding on itself. Tariffs do not increase the cost of goods in the way the MSM has been reporting it. Actually the tariffs make the … Read more
Sen. Kirsten Gillibrand (D-NY) called for expanding social security to all illegal immigrants during a campaign stop in Davenport, IA on 3/19/19. Be sure to like, subscribe, and comment below to share your thoughts on the video.
via Mises Institute: In most countries, numerous government welfare programs provide benefits (often means-tested) to eligible recipients. Whether these payments arise from unemployment compensation, child tax credits, old age pensions, or a myriad of other programs, the outcome is the same: recipients receive guaranteed payments. The ultimate goal of many poverty warriors is a Universal Basic … Read more
These are Ocasio-Cortez’s favorite words. h/t The Pale Horse Jockey
DANA LOESCH LAYS DOWN THE SMACK ON CNN AND JAKE TAPPER IN THIS THREAD: That whole “Town Hall” was an exercise in false-narrative propaganda worthy of Goebbels. In other words: This is CNN. Related: Struggle harder, Jake. h/t GR
via hotair: “People didn’t use to use the word embarrassing about Seattle, but they use it a lot now,” the narrator to a new KOMO News special titled “Seattle is Dying” says. The focus of the special is homelessness and the ways in which it has changed the city. There’s a section featuring angry residents of … Read more
Mark Meadows reports that the sitting Ambassadors were in on the coup to get rid of the President. Court rules in favor of Trump regarding illegal immigrants. Donna Brazile and Paul Ryan join Fox.US paratroopers eliminate IS sleeper cells, the IS surrenders in Northern Syria. Q drops more bread, the [DS] is panicking and they … Read more
by Troy While the stock market went nowhere today, various indicators are demonstrating some complacency in the financial markets. It would be a mistake to automatically assume that “complacency” = bearish. Knee-jerk reactions aren’t usually right. Let’s determine the stock market’s most probable medium term direction by objectively quantifying technical analysis. For reference, here’s the random … Read more
by Josh Sigurdson and John Sneisen of World Alternative Media Josh Sigurdson talks with author and economic analyst John Sneisen about the coming crash and how it affects baby boomers especially. Baby boomers spend more into the economy than any other category and also unfortunately hold a lot of debt. On top of that are the countless dangers that face … Read more
It appears it really will be another promise made and another promise kept by an American president who continues to confound his enemies and delight his tens of millions of supporters both in the United States and around the world. Via The Washington Examiner: The Defense Department has identified $12.8 billion in possible funding that … Read more
The Social Security Administration may start screening your Facebook and Instagram posts to evaluate your disability claim Currently, the federal agency uses them to investigate fraud cases, but it’s planning to expand that usage Social media is considered a poor measure of a person’s life, so the practice raises data privacy questions Careful what you … Read more
We are told by the legal profession that nothing can be done to block bogus asylum-seekers from entering our country en masse, obtaining catch-and-release, and remaining here pending the outcome of a court decision that may be years in coming. But why is the DHS not at least deporting those who already went through this … Read more
via housingwire: When it comes to the health of the economy, the housing market is the canary in the coal mine, providing clear and early clues of pending trouble. And that’s why analysts track its performance intently, looking at a multitude of indicators that might signal the looming recession some are forecasting. Now, one critical clue from … Read more
via antiwar: ith everyone still reeling at the announcement of the $750 billion proposed military budget for 2020, a huge increase, the Trump Administration is now offering a proposed spying budget that is similarly looking for a substantial increase over the previous year. The proposal stands at $86 billion, and is a six percent increase over the … Read more
by Mac Slavo of SHTFplan Student loan debt has reached record level highs and its impacts are being felt throughout the entire economy. This crisis will be hard on those deeply indebted, but it is also a drag on the nation’s economy as a whole. For an entire generation of Americans, who were told they would amount to … Read more
Trump on the discrimination of conservatives on social media: President Trump said Tuesday that “something” needs to be done to stop the anti-conservative bias seen on Twitter and other social media platforms, but didn’t say what his administration might do about it. “Something is happening with those groups of folks that are running Facebook and … Read more
By John Mauldin Every investor knows that “past performance is not indicative of future results.” Yet many embrace century-long averages as a reasonable guess for future returns. Back in the late 1990s, we were told that the long-term average return (~10%) was a reasonable long-term assumption. Instead, the S&P 500 Index has only gained about 3% … Read more
by thrilldirectorial https://twitter.com/CaptalismCrime/status/1108010388908576771 Investment Banks own the entire world. To go even deeper, let’s take a look at the majority shareholders of each of these six corporations: They’re all the same. Institutional investment banks like BlackRock, The Vanguard Group, State Street, Wellington, and some others. Each of those banks has trillions in Assets Under Management … Read more
Oh, who could’ve seen that coming. 🙃 https://t.co/AiqObkipDU — Michael Krieger (@LibertyBlitz) March 19, 2019 Stocks gyrated on Tuesday as investors puzzled over conflicting reports over the progress of U.S.-China trade negotiations. Bloomberg News initially reported, citing people familiar with the matter, that U.S. officials are worried China may be pushing back against U.S. demands in … Read more
By Jared Dillian You have some money. Do you pay down the mortgage, or do you invest in the stock market? You can use math to make this decision, but math is not much help because there is uncertainty. The stock market allegedly returns 8%, but sometimes a lot less. Your house will hopefully appreciate, but by … Read more
by John Ward With every day, every vote and every hour, the options for Brexit are reduced….and thus (as always applies among the wise) the creativity applied to the problem increases in due proportion to the steamrollering process. It’s a slim chance, but it’s worth shooting for. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ It is fascinating to read the optimism of … Read more