….arrested at his home Charged with Obstruction, 5 False Statements and Witness Tampering Roger Stone, a longtime political advisor to President Trump, has been arrested in Florida. Stone faces seven counts, including witness tampering, obstruction of justice and making false statements to Congress. The indictment alleges that Stone had been in contact with top-ranking … Read more
by TFittonJW Great Judicial Watch interview with WMAL yesterday am: I also appeared on Seb Gorka’s new program this week:
Most major stock market moves catch the majority of investors by surprise. Sometimes, there is “no time to get out.” Take a look at these two charts. https://www.youtube.com/watch?v=t8A9w0B3xkw
by Grover President – The president responsible for approving the budget. Fiscal Years – The budget years that the president approved. Years – Total number of budget years approved Debt Inc. – The debt increase (in $billions) during the FYs of the president’s term in office Total Debt – Total debt (in $billions) after president’s term in … Read more
by SP Boiled down to the most fundamental level, the main predicament society faces with the Economy part of the Three Es is this: Too Much Debt So, just how bad it is it? Here’s just America’s federal debt. It’s been exploding under each successive administration (both Dem and Rep) since Reagan, and Trump is on track … Read more
By Catherine Austin Fitts My efforts to achieve honest accounts for the federal government started in 1989 when I was Assistant Secretary of Housing – Federal Housing Commissioner. The mortgage insurance operation had experienced explosive losses and a breakdown of financial controls during the S&L crisis and Iran Contra scandals. The patterns of fraud were … Read more
https://www.youtube.com/watch?v=iTl-ZRe7Ms4 The massive amount of aliens who unlawfully enter the United States each day is a direct threat to the safety and security of our nation and constitutes a national emergency,” a draft of a proclamation reads. “Now, therefore, I, Donald J. Trump, by the authority vested in me by the Constitution and the laws … Read more
by Michael Snyder Elizabeth Warren is making it exceedingly clear that she is a socialist, and that is quite frightening considering the fact that she could potentially become our next president. Unless some really big name unexpectedly enters the race, there is a decent chance that Elizabeth Warren could win the Democratic nomination in 2020. And if … Read more
by Michael Snyder President Trump has repeatedly floated the idea of declaring a national emergency in order to pave the way for the wall to be built, and it is now being reported that the White House has actually drawn up a draft proclamation to be used if Trump decides to go in that direction. … Read more
by Charles Hugh-Smith The funny thing about slashing your budget to survive a recessionary storm is that it works wonders whether the recession is deep or shallow. We know that after 10 years of expansion, a recession is baked in. Trees don’t grow to the moon, etc. We also know that some people will hardly notice … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Central-Bank Stimulus Fail: The longer it drags on, the worse it gets? Manufacturing in the powerhouses Germany, Japan, and China took a hit – all of them complaining about exports. But US manufacturing continues to expand, according to a slew purchasing managers indices (PMI) released by IHS Markit. US Manufacturing Clings … Read more
Will Madrid be next? By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Less than a year has passed since Uber returned to Barcelona, after a three-year leave of absence. But it’s already planning to leave the city again in the wake of renewed conflict with the city’s highly mobilized taxi drivers as well as … Read more
by visualcapitalist In America, approximately 150 million people are currently employed, doing everything from neurosurgery to greeting customers at your local Walmart Supercenter. While there is a breathtaking variety of jobs out there, a few large-scale organizations stand out as the top employer in each state. THE LARGEST EMPLOYER IN EACH STATE The U.S. is the … Read more
by optionsnewbie94 Tesla was downgraded to underperform by RBC Capital, which said that the electric car maker has finally started to give some straight talk to investors about its future growth, but many are still not listening because they are still too enthralled by the company’s founder and CEO Elon Musk. Analyst Joseph Spak … Read more
Earnings: $1.22 per share as expected by analysts, excluding certain items, according to Refinitiv. Revenue: $19.01 billion as expected by analysts, according to Refinitiv. https://www.cnbc.com/2019/01/24/intel-earnings-q4-2018.html
via CNBC: Covenant quality, or the protections lenders get in the leveraged loan markets, reached a historic low in the third quarter. Former Fed Chair Janet Yellen warned last month that investors in the space face dangers similar to what happened during the financial crisis. Leveraged loan volume has now surpassed the $1.2 trillion junk … Read more
by Jeff Clark, Senior Precious Metals Analyst, GoldSilver Should you buy precious metals in physical form? Or is some sort of bullion ETF sufficient? This article examines the pros and cons of buying and holding physical gold and silver. We’ll also look at the #1 advantage of having physical metals at your disposal. CONS Like … Read more
KEY POINTS -All-star hedge fund manager David Einhorn explains in a letter why his hedge funds lost more than a third of their value last year. -Greenlight Capital, lost 11.4 percent in the fourth quarter, bringing its decline to 34.2 percent in 2018. -He also decided to reopen his funds to new investments, a move … Read more
by Lance Roberts There has been a litany of articles written recently discussing how the stock market is set for a continued bull rally and that last year’s 20% decline was just an anomaly. The are some primary points that are common threads among each of these articles which are: 1) interest rates are low, … Read more
Via Marketwatch Robots aren’t replacing everyone, but a quarter of U.S. jobs will be severely disrupted as artificial intelligence accelerates the automation of existing work, according to a new Brookings Institution report. The report, published Thursday, says roughly 36 million Americans hold jobs with “high exposure” to automation — meaning at least 70 percent of … Read more
by Amy S. Despite constant reassurances from federal overseers, Americans are becoming increasingly aware of the economy’s frail nature. While media pundits and analysts desperately push the failure of central planning and Keynesian economics, these five experts continue to be proven right on the dangers of reckless spending and debt. Here are five renowned experts who … Read more
By Harry Dent Look at this insanity… I would never have thought this many major cities would have 11%-plus mortgages underwater… especially not at the top of a second real estate bubble. How bad will it be when we move into the next recession depression?! Look at Hartford, Connecticut: 43% of mortgages there are under water! How could that … Read more
by John Coumarianos Do current stock prices reflect a speculative frenzy? It’s a crucial question for anyone trying to preserve and grow their capital, but also a difficult one to answer. Martin Tarlie of Boston asset manager Grantham, Mayo, van Otterloo (GMO) has just published a short paper trying to quantify investor sentiment and whether it has … Read more
As Democrats in Congress refuse to secure the US southern border, the cost of illegal immigration continues to mount. The United States spends over $268 billion dollars a year supporting illegal aliens. That money covers expenses such as healthcare, education, childcare, the justice system, and welfare—forcing US taxpayers to shell out $734 million dollars every … Read more