The nominee to replace Kavanaugh, Neomi Rao, once used dwarf tossing to explain dignity vs. government coercion. Her argument is formidable, but her opponents treat it like she just likes dwarf tossing. Writing in The Volokh Conspiracy in 2011, Rao discussed the …
STEVE SCALISE: No forgiveness for shooter, Trump ‘motivated’ recovery. Rep. Steve Scalise is a good Catholic who won the prayers of many church leaders as he recovered from a bullet fired by an angry liberal while he and his Republican baseball …
via calculatedriskblog: From Merrill Lynch: We look for 3Q GDP growth to be revised slightly lower to 3.4% qoq saar in the second release next week. We continue to track 2.7% for 4Q. [Nov 21 estimate]. emphasis added From Goldman Sachs: [W]e lowered …
We’re close to neutral! Or not! But we might raise! Or not! “The Federal Reserve’s Vice Chairman Richard Clarida has recently crossed the wires arguing that gradual rate hikes were appropriate ‘as data shows the way to neutral policy stance.” …
by Chris I think the new intern manning the Buy button for the Fed must have held it down for too long? If you look carefully, you can see that the intern must have nodded off because the unthinkable occurred …
The U.S. Housing Boom Is Coming to an End, Starting in Dallas Home prices zoomed higher in recent years, and mortgage rates are climbing. Buyers are queasy. PLANO, Texas—A half-hour drive straight north from downtown Dallas sits one of the …
by ogordained UNITED STATES GM is laying off 14,300 employees and closing seven factories The car industry is changing, all the top selling sedans in America are Japanese (Camry, Civic, Accord, Corolla, Altima, and Sentry) US auto factories have extra capacity in excess of 3.2 million …
by Michael Snyder America’s twin economic “generals” are both in very deep trouble. General Electric was founded in 1892, and it was once one of the most powerful corporations on the entire planet. But now it is drowning in so …
by Michael SnyderWe are witnessing a fundamental transformation of America. Some welcome the changes that are happening, while others are greatly resisting them. But one thing is very clear – the United States is a very different place than it …
by Dr. Eowyn Bloomberg reports, Nov. 21, 2018, that the Chinese Communist government is on course with a program to track and rate the behavior of each of its 1.3 billion people and assign social credits or points that will be used …
by Graham Summers via Gains, Pains & Capital Ignore the day-to-day moves in the markets, in the big picture, some MAJOR is happening… namely, that the Everything Bubble is bursting. By creating a bubble in sovereign bonds, the bedrock of the current financial system, …
by Troy December is almost here, and some traders are looking forward to the Santa Claus Rally. We demonstrated that seasonality is not consistent. Hence, seasonality factors are of secondary importance. Let’s determine the stock market’s most probable direction by objectively …
by Geoffrey Grider What the Google patents describe are sensors and cameras mounted in every room to follow us and analyze what we’re doing throughout our home. They describe how the cameras can even recognize the image of a movie star’s …
by Adam Taggart As we’ve been tracking here at PeakProsperity.com, the housing market is starting to look quite ill. After the central bank-driven Grand Reflation following the Great Financial Crisis, home prices are now beginning to nose over from their new …
https://www.youtube.com/watch?v=LNFWx-ssXLc UK voted down a “BREXIT” deal that was not actually a real Brexit! The MPs voted No because they want a REAL Brexit…. not a partial exit. GC
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A big shift, at a cost of $3.8 billion – which it now has to borrow. “We recognize the need to stay in front of changing market conditions and customer preferences,” explained GM CEO Mary Barra …
By Bill Bonner BALTIMORE – We spent a delightful, long Thanksgiving weekend in the country, entertaining children and grandchildren. Not once did we open our laptop computer or look at the headlines. But now, it is another workweek, and we’re …
by DCG The speaker in this video, Matt Post, was a student member on the Montgomery County School Board. He is now a national field strategist for March for Our Lives. From Washington Post: Skipping school to attend a protest is likely to get much …
Ron Paul, Institute for Peace and Prosperity, Released on 11/26/18 The Department of Health and Human Services (HHS) recently released proposed rules allowing individuals to opt out of Obamacare’s abortion and contraception mandates for moral or religious reasons. These new rules …
From The New York Times: Few countries have been moving toward a cashless society as fast as Sweden. But cash is being squeezed out so quickly – with half the nation’s retailers predicting they will stop accepting bills before 2025 – that the …
From Coindesk: European Central Bank executive board member Benoît Cœuré said this week that blockchain is promising – but that bitcoin is “the evil spawn of the financial crisis.” Speaking at the Economics of Payments IX conference on Thursday, Cœuré, who …
China Copied This Russian Jet Fighter (And It Has All Sorts of Problems) – YAHOO NEWS The J-15 is a reverse engineered copy of a 1980’s vintage Russian SU-33. They need it to successfully use their “too small” aircraft carrier. …
https://www.youtube.com/watch?v=0nUxMwDBww0 Ashe Schow for the Daily Wire reports, Two Buzzfeed reporters are upset that President Donald Trump, a Republican, might nominate “a lawyer with conservative ties” but no diplomatic experience as the U.S. ambassador to Mexico. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/38612/… …
https://www.youtube.com/watch?v=BJWJzRWaGUM FOX News reports, A school has banned Christmas for being too commercial – and is making kids beg for the holiday’s return. Pupils at Lady Lumley’s School in Pickering, North Yorks., were told they must write to their religious …
Democratic Senator Ben Cardin claimed that President Trump is “causing” illegal immigrants to break the law when discussing recent attempts by illegal immigrants to cross the border. CNN’s John Berman wasn’t buying it, and pushed back against the claim. Be …
by Kimble Charting Could the S&P remain stuck in a trading range for another 8-months? Possible as it could be repeating a prior trading range! This chart applies Fibonacci extension levels to the 2007 highs and 2009 lows at each …
by NorthmanTrader If I keep this up I’ll soon be accused of being a permabull 🙂 Oh I’m kidding. Yes I’m macro bearish but trade direction practical and data and technicals matter. Hence a quick follow up to the Bear Trap case, specifically 2 key …
John Adams of Adams Economics interviews Harry Dent Economist John Adams and I discuss our conversations with Author Harry Dent during his recent Australian tour. Specifically, we pose the question, will the central banks simply try to print their way out of a crisis …
