Talk Digital Network, Released on 11/21/19 Mike “Mish” Shedlock is a registered investment advisor and representative for Sitka Pacific Capital Management. His articles about the the economy and investing online can be found at Mish Talk.
Economy & Markets, Released on 11/22/19 Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at http://www.harrydent.com called “Survive and Prosper.” Mr. Dent … Read more
by Antony Sammeroff via Mises A seductive (if poorly considered) critique of markets is the notion that they are so wildly unpredictable and inherently unstable that we need government to watch over them and intervene to mitigate their excesses. There is a great irony in this position which I will reveal. Economist John Maynard Keynes (1883–1946) … Read more
by Simon Black Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, your finances, and your prosperity. College newspaper will no longer report “triggering” news Northwestern is one of the finest universities in the world and is particularly renowned … Read more
from Zero Hedge It appears as though someone figured out that red light cameras could rack up tons more in fines if the number of times a light changes to red increases. This has led to nefariously shorter green lights in certain areas of Chicago. Intersections where drivers are issued hundreds of thousands of dollars in tickets have been unfairly … Read more
by northmantrader The rally is crumbling underneath while the bid remains persistent and dips are shallow to non existent. I recently already talked about problems sighted with this rally, but want to highlight another notable aggressive divergence that is taking place underneath markets, a trend visibly similar to the lead up to the 2018 highs. The specific index … Read more
by Dr. Eowyn The streets of San Francisco… Despite all the negative publicity on human feces littering the streets of San Francisco and the city government’s Poop Patrol Program that was launched last year, a new study by renthop found that the problem is only getting worse — “getting out of control”: The number of poop complaints … Read more
by Martin Armstrong Well it came out that Bernie Sanders wants to take the fossil fuel companies to CRIMINAL COURT. I find this really interesting. First, much of the land is owned by the federal government which has leased land for oil drilling including offshore. So does that mean the politicians who agreed to do that are … Read more
by Martin Armstrong The corruption in the Rule of Law is the #1 cause of the decline and fall of nations. One major step would be to replace judges with AI. Lawyers already use AI to research legal positions that junior staff once did. It is only a matter of time before courts can be … Read more
by Kimble Charting Are junk bonds about to send stocks an important message? It looks like it from this chart! Junk Bond ETF (JNK) has created a series of lower highs and lower lows over the past couple of years, inside of falling channel (1). When it broke support in early 2018 at (2), stocks struggled to … Read more
On November 20, 2019, a small U.S. Internet agency Hal Turner Radio Show reported, citing unnamed U.S. military sources, that an underwater nuclear explosion occurred in the South China Sea, about 600 kilometers southeast of Sanya and Hainan Island at a depth of 50 meters, with an explosion power ranging from 10 to 20 kilotons … Read more
For those who STILL don’t believe that POTUS is the ultimate counter-puncher, just watch. Shit’s about to get real. Stock up on popcorn for December. December 9. Have popcorn ready. Trump met with Barr. He knows what’s in the report. He knows what’s coming. It will be historic as the tale of corruption and treason … Read more
https://twitter.com/PaulDeCristofo4/status/1197699554315001857 Biden: ‘You should vote for Trump’ A seemingly frustrated Joe Biden advised a protester to “vote for Trump” Thursday after being confronted about the Obama administration’s record on deportations. It happened at a South Carolina town hall event for the former vice president, before about 800 people at Lander University in Greenwood. Biden seemed to lose his cool when Carlos … Read more
from Zero Hedge Will Bloomberg get “Schultz’d”? Having earlier this year said he would not run for president, and following his registration for the Alabama primary, billionaire Mike Bloomberg has just “made it official” by filing the paperwork with FEC to register as a presidential candidate as a Democrat. As we detailed previously, the NYT warned that , “a … Read more
For anyone curious, the sign is about how Bernie won Michigan but all of the unpledged delegates went for Hillary, so she got more delegates even though he won the state. MSNBC has security working overtime to block this handheld sign in the background. https://twitter.com/_ericblanc/status/1197628212542660609 h/t simplemethodical
by Mike Shedlock Global debt just topped $250 trillion. Please ponder paying the interest on that, let alone the principal. Global Debt $250 Trillion and Rising Please note that Global debt surged to a record $250 trillion in the first half of 2019, led by the US and China. What about Global GDP? Global GDP Global GDP … Read more
By Zerohedge For virtually all of his career, legendary oil trader Andy Hall was a permabull when it comes to the price of oil. While that served him well for much of the past three decades as oil prices rose alongside China’s ascent and relentless demand for crude, resulting in a personal fortune and making … Read more
Sondland was pressured by Rep. Sean Maloney, D-N.Y into saying that “I assume president Trump would,” in response to Maloney’s question; “Who would benefit from an investigation of the Bidens?” As I see it, this would only be true if the Bidens were proved to be guilty. If the Bidens were proved to be innocent … Read more
Attorney General William Barr revealed Thursday he’d be willing to take the administration’s fight to restart federal executions to the Supreme Court if necessary. Barr’s comments to The Associated Press came after U.S. District Judge Tanya S. Chutkan ruled Thursday to postpone four of five scheduled executions for next month; the fifth already had been halted. The Trump … Read more
BREAKING: “Horowitz Leaks Begin – FBI Official Caught Altering FISA Documents, Now Under Criminal Investigation” Here we go. Today is the day the inspector general closed the “Principal Review” phase of the upcoming IG report. Now is when the small group of corrupt DOJ and FBI officials -spotlighted by the IG investigation- begin trying to … Read more