Donald Trump has said he knows who was behind the al-Qaeda terror attacks on the US in September 2001 and added that “Iraq did not knock down the World Trade Centre”. “It was not Iraq,” the president told ABC News. “It were other people. And I think I know who the other people were. And you might also.” Almost … Read more
by WARREN MOSLER In contraction: Deceleration that was temporarily interrupted by the tax cuts has resumed with the tariffs: The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia decreased to -1 in November 2019 from 8 in the previous … Read more
Shares of Deere dropped on Wednesday after the manufacturing company issued lower guidance as trade tensions continue to slow equipment purchases by farmers. The Moline, Illinois-based company said it now expects net income of $2.7 billion to $3.1 billion in fiscal 2020, lower than average analyst estimates of $3.5 billion for the year, according to Refinitiv. Deere said it sees … Read more
https://www.wsj.com/articles/why-your-good-governance-fund-is-full-of-saudi-bonds-11574781431 ESG = Environmental, Social, Governance Apparently they were included as a top 5 holding, because the ESG scoring system automatically excluded so many investments that Saudi Arabia actually appeared to be one of the cleaner ones fitting the emerging market bond criteria. However, ESG funds seem to own more dictatorships and authoritarian government assets … Read more
And they are figuring this out now? Pretty amazing lack of self-awareness. The chart shows Fed interest rates and the NASDAQ for roughly the past 25 years – three huge rate cutting cycles, three massive bubbles; two of which have already popped. Think the third won't pop? pic.twitter.com/zcSr6k52Ta — Peter Schmidt (The 92ers) (@The92ers) November … Read more
The combination of rising wage inflation andlimited corporate pricing power has compressed corporatemargins and profit gains have stalled -JPM Global Corporate Earnings pic.twitter.com/A2Y8wZCMs3 — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) November 27, 2019 https://twitter.com/DonDraperClone/status/1199725421727801344
by TraderStef via CrushTheStreet (connect with TraderStef via Twitter or at TraderStef’s website) U.S. trade relations with China may devolve from the “Phase-1” agreement announced on Oct. 11 to a full-blown return of tit-for-tat tariffs. In response to the escalation of unrest in Hong Kong after nearly six months of anti-government protests, the U.S. House passed the Hong Kong Human Rights and Democracy Act on Nov. … Read more
From Birch Gold Group According to “big economic players” cited in the Fed’s Financial Stability Report (FSR) from November 15, trade frictions are the highest risk to the U.S. economy. We have reported on that grave risk several times this year, so it’s somewhat old news. But what’s truly alarming is what the Fed’s report identified as the second-highest risk to the U.S. … Read more
by Martin Armstrong QUESTION: Hello! More and more people in western Europe are talking about the coming civil war between the Muslims/Arabs and the Europeans. Guillaume Faye has even written a book about it. I personally believe that it will break out between 2025 and 2050 and that it will start in France. Me and my … Read more
by DCG Shameful. Just shameful. Law Enforcement Today has the whole back story on this bureaucratic tragedy here. DCG
RT, Released on 11/27/19 The Trump impeachment investigation is entering a new phase and a step closer to a vote on whether to impeach the president. The U.S. House Judiciary Committee will hold its first hearing next Wednesday – and it’s invited Donald Trump along. Dr. Ron Paul is a physician and former twelve-term congressman … Read more
by Martin Armstrong According to an Infratest poll, 38 percent of Germans consider the media politically driven and 33 percent consider the media unbelievable. Despite the fact that the mainstream media keeps attacking Trump because he has called them “Fake News,” there is a growing discontent with news overall. Governments are manipulating the news and … Read more
by Shaun Richards Yesterday brought us up to date in the state of play in the US housing market. So without further ado let us take a look. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 3.2% annual gain in September, up from 3.1% in … Read more
by Geoffrey Grider No, when you’re poor, broke, and defeated, all that proves is that you’re poor, broke, and defeated. It doesn’t bring any honor to God. When I first received this video today, multiple times actually from eagle-eyed NTEBers, I was skeptical at first because in the version I was watching it was pretty small, … Read more
by UPFINA The S&P 500 is now up 25.28% year to date, making this the best year since 2013. The VIX fell 0.33 to 11.54 which is the lowest reading in a year. The VIX has been below 15 for 32 straight trading sessions. As of Tuesday’s close the 14 day RSI was at 74.4. Anything … Read more
TRUMP SIGNS BILL EXPRESSING SUPPORT FOR HONG KONG PROTESTORS: “The bill, which was passed with overwhelming bipartisan support in both the Senate and the House, serves as a major rebuke of China at a time when Washington and Beijing are engaged in critical trade talks. China has warned that it will take retaliatory measures if … Read more
Financial Survival Network, Released on 11/27/19 Brett Swarts is the Founder of Capital Gains Tax Solutions and host of the capital gains tax solutions podcast. Each year, he equips hundreds of business professionals with the Deferred Sales Trust tool to help their high net worth clients solve capital gains tax deferral limitations. His experience includes … Read more
