ECB Doing What the ECB Does: Slashing Growth Rates, Preparing More Cheap Debt

via euronews:   FRANKFURT (Reuters) – The European Central Bank pushed out the timing of its first post-crisis rate hike until 2020 at the earliest and offered banks new rounds of multi-year loans in a bid to revive the currency bloc’s slowing economy, it said on Thursday. The bolder-than-expected move showed ECB was having to revisit … Read more

GINORMOUS: Judicial Watch Uncovers Numerous Bruce Ohr Communications with Fusion GPS, Christopher Steele, and Glenn Simpson

by TFittonJW Breaking: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-uncovers-doj-records-showing-numerous-bruce-ohr-communications-with-fusion-gps-and-christopher-steele/ (Washington, DC) – Judicial Watch announced today it received 339 pages of heavily redacted records from the U.S. Department of Justice which reveal that former Associate Deputy Attorney General Bruce Ohr remained in regular contact with former British spy and Fusion GPS contractor Christopher Steele after Steele was terminated by the FBI in November 2016 for revealing … Read more

Feels like G-20 again, remember when trump pumped a trade deal back then, and it never materialized. Markets then sold; $TRAN $RUT $MID $AMZN getting crushed!

Feels like G-20 again, remember when trump pumped a trade deal back then, and it never materialized. Markets then sold. pic.twitter.com/qC5GPtcO22 — Alastair (@StockBoardAsset) March 7, 2019 $TRAN $RUT $MID $AMZN GETTING CRUSHED! pic.twitter.com/2zbE0wCF6r — mcm-ct.com (@mcm_ct) March 7, 2019 If global growth doesn't turn up soon – macro will matter for global stocks and … Read more

EU Isn’t Ready for the Next Recession

– ECB has just loosened monetary policy. What if that isn’t enough? – ECB says the risks to Europe’s economies lean to the downside – Trade wars could get worse and political turbulence could increase – Brexit, could deliver an especially brutal blow – Euro set to depreciate against gold (see chart) By Bloomberg Editorial Board … Read more

Why Are Temperatures So Cold Right Now?

A question to be asked is why are temperatures getting colder in the spring for the 3rd year in a row resulting in crop losses after an early warm February? This was not predicted with Global Warming, winters were supposed to be milder and shorter as CO2 warmed the planet, but we get the opposite, … Read more

‘USE IT OR LOSE IT’ BUDGET; Federal spending spree… Lobster tail, CrossFit equipment, musical instruments… MORE

Feds splurge on lobster, pianos, golf carts in race to spend ‘use it or lose it’ budget It turns out September, not April, may be federal taxpayers’ worst nightmare. The end of the government’s fiscal year usually brings an orgy of spending as agencies look at their budgets, see extra cash lying around, and figure … Read more

U.S. Job Cut Announcements Rise 117 Percent To The Highest Level That We Have Seen In More Than 3 Years

by Michael Snyder We have not seen anything like this since the last recession.  Layoff announcements are coming fast and furious now, and the speed at which workers are being laid off is shocking a lot of people.  In this day and age, big companies have absolutely no loyalty to their workers.  The moment it becomes … Read more

Elliott Wave Technician: What Really Matters Is How Gold Closes Out The Week

by Captain Ewave of CaptainEwave Captain Ewave Gold, Silver, & SP500: Wave Counts Update Email: admin@captainewave.com   Website: http://www.captainewave.com   March 6, 2019 GOLD: Short Term Update:   It looks like all of wave !iii! is complete at the 1349.80 high and we are falling in wave !iv!. We need to be on guard for the completion of wave !iv! and the start … Read more

Visualizing the Search Patterns of Investors

via visualcapitalist: When investors need to quench their thirst for the latest news or knowledge, they turn to the all-knowing power of Google. Whether it is something as simple as searching for “S&P 500 today” or it’s more of an information-finding mission to discover the “Best Dividend Paying Mutual Fund”, search data provides an interesting lens … Read more

Tesla Falls from Grace with Americans, Facebook Plunges to the Ignominious Level of Goldman, Wells Fargo, Sears

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But the US government got them all beat. Tesla and its CEO Elon Musk had a magic touch when it came to marketing. Walking on water was just a low-level activity. Tesla was able to create enormous pent-up demand for its Model 3, long before it ever entered much delayed production, … Read more

US Dollar Jumps to 52-Week High in Cleanest-Dirty-Shirt-Syndrome on New ECB Stimulus, as Old ECB Stimulus Fails to Stimulate

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The real worry is the economy in the Eurozone. The Dollar Index (DXY), which tracks the dollar against the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc, and which is dominated by the euro, jumped 0.83% to 97.72 at the moment, passing its 52-week high, as the euro … Read more

QE – Then, Now, & Why It May Not Work Again

Authored by Lance Roberts via RealInvestmentAdvice.com, Since the beginning of the year, the market has rallied sharply. That rally has been fueled by commentary from both the Trump Administration and the Federal Reserve of the removal of obstacles which plagued stocks in 2018. The chart below is an abbreviated, and a bit sarcastic, version of … Read more

“This Is Bad” – European Banks Tumble As ECB Unveils Massive Monetary Easing

from Zero Hedge Something odd is taking place in the market today: the world’s biggest central bank – whose balance sheet is 40.5% of Europe’s GDP – unveiled massive monetary easing in the form of new carry-trade facilitating bank loans and an extended NIRP period and… stocks tumbled, a reaction which the market has rarely even seen before … Read more

Alexandria Ocasio-Cortez Gets Humiliated By Her Own Witness Over Trump’s Border Wall Emergency

https://www.youtube.com/watch?v=SKKzcgv3_QY Alexandria Ocasio-Cortez Gets Humiliated By Her Own Witness Over Trump’s Border Wall Emergency today during oversight hearing and oversight committee and oversight and reform committee Alexandria Ocasio-Cortez asked democrat witness about border wall and border emergency facts and got a dose full of facts this is latest news and breaking news in current events … Read more

Why Is Tesla Cutting More Jobs?

Here’s today’s articles mentioned in this news update: 1. Elon Musk wasn’t wrong about automating the Model 3 assembly line — he was just ahead of his time https://techcrunch.com/2019/03/05/elo… 2. Tesla cutting more jobs at Fremont factory https://www.mercurynews.com/2019/03/0…    

You’re NOW CLINICALLY a CRIMINAL If You Don’t Believe MSM & Government

https://www.youtube.com/watch?v=GoHI1_t-d2k This is really nothing to take lightly. There are many who will take this “study” seriously. MSM will lean on it like a crutch, Social Media Giants can leverage this to ban even MORE people from their platforms (in an effort to “reduce crime”) and governments can use it as a justification to intrude … Read more