by WARREN MOSLER Asia’s exports to China plunge as economy stumbles (WSJ) Japan’s exports to China in January sank 17.4% on the year to 958.1 billion yen ($8.65 billion), accelerating from December’s 7% drop. South Korean exports to China in January slid 19% on the year, a steeper rate than in the previous two months … Read more
via fastcompany: Usually when people mention pain at the pump, they are talking about a rise in gas prices. Not Krebs on Security. The website wrote this week about a new warning from the fraud-investigation branch of the Secret Service. In a memo to its field offices, Krebs reports, the agency said some high-tech thieves have devised an … Read more
via Zerohedge: One look at the recent collapse in the VIX, which has tumbled to levels seen just before the S&P hit its all time high in Sept, and investors may be left with the impression that there is nothing but smooth sailing ahead. And, at least for the universe of vol-targeting systematic funds, many … Read more
by John Rubino Among all the many things governments do that seem to violate the Constitution — not to mention common sense and basic fairness – asset forfeiture stands out. Believe it or not, states and cities now partially fund themselves by arresting people, taking their stuff and then failing to return said stuff after … Read more
by howmuch President Trump likes to argue that other countries should pay more to fund international groups like NATO and the United Nations. He frequently criticizes globalism and advocates for his “America First” foreign policy agenda. Among other things, this has meant decreasing the money the U.S. spends for on the UN. We decided to dig beneath the headlines … Read more
ABC7 Eyewitness News reports, Should movies primarily produced for streaming services be considered for Hollywood’s biggest film awards? It’s a debate that has been waged for years, and famed director Steven Spielberg has made it clear where he falls. https://www.youtube.com/watch?v=On90n97-FAM Read More/Source/Credit/FairUse: https://abc7chicago.com/entertainment…
Ah yes. The central banks. Always saving the day. They manipulate the monetary system and destroy any value in the currency. The race to the bottom is on. Every country is ruined, some more than others. But central banks are behind all of this and we must not forget that. Do not be fooled by … Read more
by Amy S. Mainstream media and propaganda outs say that America’s economy and the strength of the United States Dollar has never been stronger. That is a lie. Never before in history has the wage to cost of living gap been as detrimental to the well being of the American people during times of peace … Read more
by Lance Roberts Yesterday, Michael Lebowitz wrote an interesting piece discussing the “yield curve” and the message it is sending. To wit: “Recently, Wall Street and the Financial Media have brought much attention to the flattening and possible inversion of the U.S. Treasury yield curve. Given the fact that an inversion of the 2s/10s Treasury yield curve … Read more
by northmantrader I see the world is fearless again. The higher we go the more bullish people become. The same people that were bullish (and wrong) last year are bullish again and as prices rise relentlessly everybody is a genius again. Central banks don’t filter into the analysis otherwise one would have to admit that that’s … Read more
YouTube/PeterSchiff, Released on 2/20/19 Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street … Read more
via realclearpolicy: One year and two months. That’s how long it’s been since a formal complaint was filed with the Federal Election Commission (FEC), alleging Hillary Clinton’s 2016 campaign orchestrated an $84 million campaign finance scandal — the largest in U.S. history. Yet the FEC has done nothing to hold the Clinton campaign, dozens of Democratic officials, and hundreds of … Read more
by Mac Slavo of SHTFplan Almost 80% of Americans live paycheck to paycheck barely able to afford to put food on the table. That’s terrible news considering the predictions currently assume that grocery prices will steadily continue to rise during 2019. Grocery prices are expected to rise by 1 percent or 2 percent this year, according to the … Read more
She’s in no position to judge that: https://tinyurl.com/yxwz95gh
Amanda Prestigiacomo from The Daily Wire reports, Emmy Award-winning journalist Lara Logan talked about the mainstream media’s left-wing bias in a podcast called “Mike Drop,” hosted by retired Navy SEAL Mike Ritland. https://www.youtube.com/watch?v=wOOsvlUZhAE Read More/Source/Credit/FairUse: https://www.dailywire.com/news/43610/…
“Empire” actor Jussie Smollett was in police custody in Chicago Thursday morning after turning himself in overnight. Police Superintendent Eddie Johnson and other officials were expected to brief reporters on the Smollett investigation at 10 a.m. ET. Viewers can watch the press conference in the player above. Smollett has been accused of faking a hate … Read more
by Marcuskb91 Anyone who thought political posts were rampant over the last year better buckle their seatbelts for the next 622 days. The information warfare that will be waged during this election cycle will leave 2016 looking like calm water in comparison. Question your sources. Question the motives. Question everything.
by The_Zotico Advertising. Over the course of the last 100 years from print media to smart phones we collectively have been part of a new human interaction regarding trade. Historically, people would go to a shop evaluate the products and select what appeared to be the products they needed. At the start at least 100 … Read more
https://www.youtube.com/watch?v=pdJ9d2_xrYQ The fact that he is still relevant after supporting the Corrupt DNC is mind blowing. Mindless supporters he has! AC
by WARREN MOSLER Tariff man, aka Agent Orange, doing a number on global economies… Just went negative: Services moved up some but the trend still looks down: Japan appearing to be collapsing as well: And these recent headlines: Argentina Leading Economic Index The economy of Argentina shrank 0.1 percent month-over-month in January 2019, following a … Read more
From Birch Gold Group Amid a series of probes into potential privacy violations of its users, Facebook, the world’s largest social media platform, recently found itself under fire over another serious accusation: allowing scam ads to run on their website. Like other tech giants such as Google and Yahoo, Facebook earns much of its revenue by … Read more
By Robert Ross Transportation is a big issue in most of the US. It’s so big that for the majority of Americans having a car is a matter of survival. Most people can’t even go to work without a car. That makes auto payments a high priority. And yet, the number of people who can’t make them … Read more
by Troy A lot of things are not “confirming” the stock market’s rally right now. Standard traders look for “non-confirmations” in the market. They typically plot a fundamental/technical indicator ontop of the S&P 500, demonstrate how the 2 lines have mostly had a strong correlation over the past 2 years, and then demonstrate how the … Read more
By Jared Dillian The Green New Deal is silly and not worth our attention. It implies we can have anything we want if the Federal Reserve extends credit. Let me blow your hair back for a second. The two biggest US stock market rallies (in the 1920s and in 1990) occurred when the budget deficit was … Read more
By John Mauldin It was my first encounter with what I thought was economic insanity. More than 10 years ago, I came across the ideas of economist Bill Mitchell of the University of Newcastle in New South Wales. He was teaching what he called Modern Monetary Theory (MMT). I looked into it and quickly dismissed it as silly. Actually … Read more