via mishtalk: Trump is on an impossible mission. Tariffs will not reduce the trade deficit and will likely make matters worse. To fully understand Trump’s trade dilemma, consider the following chart. Trump’s Current Account and Trade Deficit Problem in One Picture Identity Government Saving + Private Saving = Exports – Imports The identity is not … Read more
via wharton: The U.S. national debt has crossed $22 trillion dollars — the highest ever. In the first four months of the 2019 fiscal year (October 2018-January 2019), the federal budget deficit ballooned to $310 billion, up 77% from the same time last year, as revenues fell 2% to $1.1 trillion and spending rose 9% to … Read more
The tragedy of rank hypocrisy. The left is the cancer of humanity. And believe me, in France, we see the damage every day a little more… h/t DS
From Birch Gold Group This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: Expert says all signs point to higher gold prices, the ingredients for silver’s breakout are here, and gold is still on track to hit $1,400 an ounce. All Signs Point to Higher Gold Prices … Read more
via mishtalk: The UK, Germany, India, and the United Arab Emirates are among the countries resisting US pressure to Ban Huawei. The New York Times reports U.S. Campaign to Ban Huawei Overseas Stumbles as Allies Resist. Over the past several months, American officials have tried to pressure, scold and, increasingly, threaten other nations that are considering using … Read more
Wall St. For Main St., Released on 3/18/19 Jason talks about the how President Trump is lying about how well the US economy is doing based on a really poor Atlanta Fed Q1 2019 GDP number. Construction spend also declined 6% according to the most recent data released. All signs are pointing to serious trouble … Read more
by John Wilder Soldiers heading towards Omaha Beach. When I was in grade school the teachers spoke of the Constitution with reverence. As second graders, we listened as the teacher told the story of how it was written and the freedoms it guaranteed us and the responsibilities that it demanded of us. My grade school teachers … Read more
by DCG Over two years later, butt hurt from Hillary’s loss still alive and well. From MSN (via CNN): Colorado could be part of voting history next general election day, joining 11 other states looking to ensure that their electoral college votes echo the will of the American majority to elect the next president. Gov. Jared Polis (demorat) signed a … Read more
via pjmedia: Google’s erasing the photograph of Patrick Moore, former president of Greenpeace, from the list of early founders and organizers of the environmental group, is, like the firing of James Damore a couple of years ago, a reminder of why it’s fitting the tech giant dropped its original motto, “Don’t be evil.” Google is just that and then … Read more
by Harry Dent It always strikes me as odd that the happiest countries tend to be in cold-as-hell places like Scandinavia and Canada. It’s kind of similar stateside, too. This weekend I saw a recent study by WalletHub that shows that the happiest states in the U.S. tend to be in the upper Midwest region – … Read more
via CNBC: J. P. Morgan CEO Jamie Dimon points to two Americas: one that is benefiting from thriving U.S. corporations, and another that is struggling. “It is absolutely obvious that a big chunk of [people] have been left behind,” Dimon says. J.P. Morgan Chase CEO Jamie Dimon said that the U.S. economy has essentially been split into those … Read more
https://www.youtube.com/watch?v=HjZ-ykovu0E I love Occasional Cornflakes, she is the prime example why you should never send your children to indoctrination centers=government schools/colleges. She is imploding the rotten DNC from the inside & exposing who they really are. WR
Josh Sigurdson reports on the continued fall of Justin Trudeau following the incredibly damaging SNC-Lavalin scandal, Judy Wilson-Raybould’s testimony and his spiraling approval rating. A recent poll showed that Justin Trudeau will lose to The Conservative Party next election, decidedly. The issue is, one cannot depend on polls, they are simply not a good metric … Read more
Narayana Kocherlakota, former president of the Minneapolis Federal Reserve Bank, discusses the Fed’s upcoming policy meeting. Fed should cut rates, says former Minneapolis Fed president from CNBC. https://www.cnbc.com/video/2019/03/18/fed-should-cut-rates-says-former-minneapolis-fed-president.html
“In addition to uncertainty about what’s going to happen, now there’s uncertainty about when it will happen.” By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. With each passing day, the fog of uncertainty surrounding Brexit thickens, with myriad knock-on effects for businesses on both sides of the English Channel. “Companies no longer have any … Read more
https://www.youtube.com/watch?v=XXe5SxB-Olc For More Information See: https://www.infowars.com/twitter-erup… https://thehill.com/homenews/state-wa… https://thehill.com/opinion/technolog… Breitbart Links: http://bit.ly/2O9nrWc http://bit.ly/2TSQcfg Social media users have responded with joy, anger, and mandatory memes after Fox News host Jeanine Pirro was booted from the airwaves on Saturday, one week after she hinted Congresswoman Ilhan Omar’s Muslim faith was un-American. Pirro’s weekly program, ‘Justice’, was replaced by … Read more
BY JOHN RUBINO One of history’s hard lessons is that collapsing financial systems beget authoritarian politics. Today’s world, alas, is following this script, as rising debts lead to wrenching political changes in nearly every country that holds free elections, while fascism and socialism are are once again being taken seriously by people who in normal … Read more
via marketwatch: U.S. stocks continue to rally in the face of steadily falling earnings estimates, leading some market commentators to draw comparisons to 2016, when equity markets rose amid a corporate earnings recession. That year, the S&P 500 index SPX, +0.37% rose 9.5% after an early stumble as earnings-per-share for S&P 500 firms rose just 1.2%, according to FactSet. Stock-market … Read more
BBC: “Dutch shooting: Utrecht police arrest suspect after three killed – arrested because of his connections with [IS] but released later” A man has been arrested following a shooting on a tram in the Dutch city of Utrecht which left three people dead, police say. Five others were injured in the incident, and authorities say … Read more
Winds have picked up TC officials held a 10 a.m. press conference and said a total of seven tanks with chemicals were on fire in addition to an empty tank that burned as well. There are a total of 15 tanks in the are https://www.khou.com/article/news/local/chemical-tanks-near-houston-could-burn-for-two-more-days/285-30ca8f2d-f977-4b38-b2ca-a1f76f6140b5 Deer Park plant fire: Incredible photo shows aerial view of … Read more
by howmuch According to the U.S. Census Bureau, approximately 108 million American households own at least one vehicle, with 7.5 million households owning four or more vehicles. But if you’re a vehicle owner who is considering moving to a new state, you might be in for a surprise when it comes to your auto insurance … Read more
This is a continuing trend. There’s always people coming in and out of different areas. But the trend is that they seem to be leaving certain areas and moving towards others specifically. This is a pattern you can’t deny. What do you think is going on? Americans are on the move. Statistically, we have seen … Read more
The great debate of whether you should buy or rent a home will always persist. Some advocate renting due to certain factors. Other swear that buying a home is the only logical option. In 2019, these are the cities where it’s cheaper to pay mortgage payments than rent. January 2019 Foreclosure Filings See an Uptick … Read more
via Dave Kranzler: Summary Fed officials always understate risks embedded in the system. Just like the stock market, fixed income prices rallied sharply after the Fed and the Trump Government acted to arrest the sell-off in the stock market in late December. The average household is getting squeezed from higher interest payments on the record amount … Read more
via @DavidBCollum : I’ve been arguing with bulls lately. Let me just leave this here. Notice where we are. Notice how low we did NOT get in 2009. Can this 300% run be supported by a 30% GDP run? Do ya feel lucky? I’ve added my favorite too. Have a nice day.