by NorthmanTrader Complacency is back and comes in the form of recession denial in the face of global slowing data. We didn’t see the slowdown coming but we are confident it will not produce a recession so the narrative goes. Not even a risk of a recession. You’re hearing it from the Fed, the White House, … Read more
by Martin Armstrong Merkel and Macron, two politicians who cannot muster even a majority of their people for support, signed a Franco-German friendship treaty which has allowed them to boast that this is the first step to creating a European Army. There is a mad rush behind the curtain to create a European Army, not … Read more
by Martin Armstrong It has been a bitterly cold season. Niagara Falls became a winter wonderland as frigid temperatures cause the falls partially to turn to ice. This is not so rare as people claim. In this 1911 photo of the Great Freeze, you can still see water flowing, but minimal and nowhere near the normal … Read more
by Shaun Richards Sometimes life catches up with you really fast and we have seen another example of this in the last 24 hours, so let;s get straight to it. Analysts at Deutsche Bank say European Central Bank’s Mario Draghi indicated the possibility of a one-off interest rate hike at his last press conference. With … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Painful moment of truth for banks & investors. “Uncertainty over the accuracy of the companies’ books and disclosure of pertinent information”: Fitch Ratings. Defaults by Chinese companies on bonds they issued in China (“onshore” bonds, as opposed to “offshore” bonds) soared to a record in 2018, according to a report by … Read more
https://www.youtube.com/watch?v=CzZG5LGuc48 Democrat Senator Has Major Meltdown Over Trump’s Wall Starts Yelling & Screaming Over Shutdown this is latest news and breaking news in politics and political news in current events and business in news today and today news over trump shutdown and government shutdown original air date: 1/24/2019 senate shutdown president trump , donald trump … Read more
by Kimble Charting Transports are often considered a leading indicator of how the economy is doing. Since the Septemeber 2018 highs, the Dow Jones Transports Index has declined more than the broad market. This decline looks to be forming a new falling channel highlighted at (1). The rally over the past month has this important index testing triple resistance … Read more
For More Information See: http://theeconomiccollapseblog.com/ar… https://www.msn.com/en-us/news/other/… http://theeconomiccollapseblog.com/ar…
BY ROBERT ROSS I’m not buying the dip in stocks—and neither should you. Let me explain… On December 24, the S&P 500 slid to its lowest level since 2017. The index has since rebounded 6.9%. Investors passed this off as a sign the correction is over. This is wishful thinking. The main worry behind this sell-off … Read more
by Chris One of the defining features of end-of-empire times is the complete isolation of the ruling/protected classes from the lower classes. The so-called “elites” (who are anything but once you get to meet them) live in a near-complete bubble of social isolation that prevents them from connecting with the people whom they harvest sliver … Read more
by sundance The McConnell (Republican) amendment to the appropriations bill which would have funded government, including funding for a border wall/fence, failed to pass the Senate. One Democrat Senator (Joe Manchin) voted to support the republican plan. Two Republicans (Mike Lee and Tom Cotton) voted against the Republican plan. Next up…. The Chuck Schumer (Democrat) amendment … Read more
by Egon von Greyerz What is a Goldbug? If we look at Wikipedia, they define it as “a person who is extremely bullish on the commodity gold as an investment and or a standard for measuring wealth …… goldbug can also be used as a pejorative”. Investopedia states that “A gold bug is an individual who is very enthusiastic about … Read more
by GoldCore – Investors need a ‘Plan B’ to protect against Brexit, currency, property and other risks – Brexit uncertainty is impacting Irish and UK consumers, companies and economy – London home asking prices slump below £600,000: Lowest since 2015 but still very over valued – UK house prices make weakest start to year since … Read more
Countless stores closing, economy increasingly reliant on stimulus. This is bound to fail. The question is, when? Today we can see that many stores have closed all over the world. The biggest group being retail stores but it seems to be contagious, affecting everything from banks and financial companies to consumer goods. There are … Read more
Jacob Engels for the Gateway Pundit reports, In the past few weeks, Gateway Pundit has exposed both the national Woman’s March and the Central Florida chapter for ties to radical anti-Semites. Even the DNC has distanced itself from and denounced the movement as a whole, after co-founder Tameka Mallory refused to condemn Hitler-lover and Nation … Read more
Jack Davis for the Western Journal reports, China’s economy is showing signs of damage as President Donald Trump continues to put pressure on America’s largest trading partner. On Monday, China officially posted that its economic growth was the lowest since 1990. https://www.youtube.com/watch?v=JgextrbBsxA Read More/Source/Credit/FairUse: https://www.westernjournal.com/china-…
Another day, another flash crash. This time resulting in a drop so massive it was truly shocking simply because of the conglomerates size. This isn’t a penny stock. When this type of activity occurs, you have to become weary about the potential dangers as liquidity dries up, leaving more potential issues. This is getting more … Read more
https://www.youtube.com/watch?v=G1l9q91jqGU
The MSM is pushing the idea that without the government the GDP numbers will be zero, we all know that the stats are manipulated, Trump holds the magic wand and could make these numbers look anyway he wanted. If the numbers are poor it shows the entire economy is dependent on the government, if the … Read more
Shutdown-Induced Bottlenecks at Nation’s Airports Shows Folly of Letting the Federal Government Run Things: Farming out airport security and air traffic control would help to immunize air travel from the Congressional budget chaos. The federal government has been partially shut down now for 32 days, and nowhere is feeling the strain quite like the nation’s … Read more
Economic storm clouds are moving in fast – Prepare accordingly (Link to relevant articles below) https://business.financialpost.com/ne… https://business.financialpost.com/ne… https://www.cbc.ca/news/business/bank…
•Himalayan roads and valleys blocked, tourists rescued for third time in last five months •Early sea ice blockades northern Canadian ports supplies airlifted into communities •Alaska warms during grand solar minimums •Record snow India, Morocco and Canada 2018 •Mongolia record cold and snow third year in a row •Delays in planting winter wheat in USA … Read more
Byron York: What if Mueller doesn’t give Democrats what they want? The position of most Democratic leaders on Capitol Hill is that lawmakers are waiting until Trump-Russia special counsel Robert Mueller delivers his report before considering whether to impeach President Trump. But what if Mueller does not accuse the president of wrongdoing, or at … Read more
Innocent Child Harassed, Threatened by Cops for Shoveling Snow Without a Permit Normandy, MO — Residents in Normandy, Missouri are questioning a new ordinance they are calling ridiculous which requires anyone who wishes to shovel snow for money—to have a permit. To be clear, this is not just for adults running businesses, but as the following case … Read more
The Covington event is being pushed by the MSM, they need to because of what is coming. The insurance policy is now being moved from Mueller to the House, get ready Mueller’s report will show nothing. Cohen is postponing his Feb 7 house testimony, but there is more to this story. The dossier was a … Read more