Financial Survival Network, Released on 1/22/19 Danielle was always skeptical of the seemingly perpetual bull market in stocks and in fact wisely advised taking money off the table, to avoid the inevitable down cycle. Today, stocks are retreating from their 50 day moving average, another indication that the bear market has finally arrived. We’ll know … Read more
by Adam Taggart So, did the nauseating last few months of 2018 signal the end of the secular bull market? Or is the rebound that kicked-off 2019 a sign that the uptrend is still intact? Or it is just a dead-cat bounce? Lance Roberts, chief investment strategist and chief editor of Real Investment Advice, returns to … Read more
David Mastio Verified account @DavidMastio Deputy Editorial Page Editor @USATODAY > David Mastio Retweeted David Mastio When it turns out the Covington kids main accuser is a liar, it makes it hard to accept his interpretation of events When it turns out the Covington kids main accuser is a liar, it makes it hard to … Read more
Must be the new Latino poll Trump just hit 50% in Democrats are livid about House Speaker Nancy Pelosi’s continued refusal, on their behalf, to engage in any negotiations with President Donald Trump over his planned wall along the U.S. border with Mexico. Rep. Elissa Slotkin (D-MI), a freshman from Michigan, is publicly urging Pelosi … Read more
C. Douglas Golden for the Conservative Tribune reports, House Speaker Nancy Pelosi said she wanted to postpone or cancel the State of the Union address because she said the Secret Service wouldn’t be ready due to the shutdown. That’s all right, the Secret Service and Department of Homeland Security said, we’re fine. https://www.youtube.com/watch?v=hRup-P2e0_U Read More/Source/Credit/FairUse: … Read more
via Patrick J. Buchanan: “Those who make peaceful revolution impossible … make violent revolution inevitable,” said John F. Kennedy. In 2016, the U.S. and Britain were both witness to peaceful revolutions. The British voted 52-48 to sever ties to the European Union, restore their full sovereignty, declare independence and go their own way in the world. … Read more
by DCG Odds were one against four (or five, depending upon which media outlet you read). That’s why you need an equalizer. From KHOU: Three people are dead and one is recovering after a home invasion in east Houston overnight. Police say four men forced their way into a home on Sherman at 71st around 12:45 a.m. Saturday. Detectives … Read more
https://www.youtube.com/watch?v=Vk6lUiG59vM For More Information See: https://news.grabien.com/story-ocasio… https://www.countable.us/articles/199… https://mashable.com/video/stephen-co…
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But these are still the good times. Don’t blame the December debacle on the partial government shutdown – it “has not had a significant effect on December closings,” the National Association of Realtors explained in its report this morning. The shutdown started too late in December to have much of an impact. But … Read more
via hotair: Well, it’s not exactly a “tax” per se, but more like a series of fees being paid between content providers and aggregators. The EU has been working on a new copyright law since last summer which is now in the final stages of consideration in the EU Parliament. On the surface, it sounds fairly … Read more
By Tsvetana Paraskova Oil prices plunged by more than 3 percent on Tuesday morning as rekindled fears of global economic growth slowdown put an abrupt pause to the oil price rally in recent days. At 11:20 EST on Tuesday, WTI Crude was plunging 3.5 percent at $52.15, while Brent Crudewas plummeting 3.12 percent at $60.78. On Monday, oil … Read more
via dailycaller: “Getting Donald Trump,” the movie, has seemed endless. On Thursday, BuzzFeed, a more-than-slightly-disreputable news outlet that first published the now-infamous Steele dossier implicating President Trump in serious misbehavior, appeared on the screen with a story claiming that Trump ordered his lawyer, Michael Cohen, to lie to Congress about his hotel business operation in Moscow. … Read more
via Jeff Thomas Eighty-four percent of millennials admit that they don’t know how to change a lightbulb. When asked what they do if one goes out, most either said that they call the landlord to fix it, or just accept having less light in future. Readers of this publication will be savvy enough to know that … Read more
via WSJ: Britain’s problem with the EU goes back decades. From the 1957 Treaty of Rome to the present day, Europe has been both the opportunity Britain cannot embrace and the problem Britain cannot solve. In the 1950s, Britain stood aloof from the increasingly integrated Continent as it clung to the remnants of its empire. … Read more
by Lance Roberts ” So far in fourth quarter reporting season, with 11 percent of the results reported for the S&P 500, three-quarters of companies have actually surprised Wall Street’s forecasters. Earnings are shaping up to be better than people expected.” – CNBC While it is a correct statement, it is also shows the problem with the “earnings … Read more
by moneymetals Phoenix, Arizona (January 22, 2019) – An Arizona legislator has put forward a bill to de-risk the state’s financial holdings with a modest allocation to physical gold and silver in the state’s reserve fund. Introduced by Representative Mark Finchem (R-Tucson), the Arizona Sound Money Stabilization Act (HB 2500) requires that at least 10% of Arizona’s Budget Stabilization … Read more
via caixinglobal: Business is usually booming for Wu Xia in the lead-up to Lunar New Year, China’s most important national holiday. While her neighborhood shop sells everything from teapots to toothbrushes, the traditional lanterns, red envelopes and other decorations popular in Chinese households during the week-long festival make up a big part of her annual sales. … Read more
The first 10 minutes addresses the BS reporting over the weekend. Ouch. The entire piece is great though. Well worth a listen. SEAN HANNITY FOX NEWS 1/21/19 FOX NEWS NOW January 21, 2019 h/t The Pale Horse.
by Jesse Colombo The S&P 500 rose 1.32% on Friday, causing it to close above the 2,550 to 2,650 zone that I was watching for the past couple months. I was watching the 2,550 to 2,650 zone because it was an important support and resistance that formed at the early-2018 lows. In mid-December, the S&P … Read more
By David Stockman Korean Export Canary Plunges Into The Drink—Down 14.6% In January To Date South Korean exports, a data set often held up as a bellwether for the health of the global economy, fell off a cliff in January, pointing to a troubling slowdown in global trade.Exports from the east Asian nation dropped 14.6% … Read more
This one admission, by itself, is in my opinion more than enough to justify the FBI’s total dissolution. Former FBI Deputy Assistant Director Terry Turchie appeared alongside Tucker Carlson of an interview that surely shook up Fox as well as the nation, as he ended up demonstrating just why the FBI should not exist. I’m … Read more
via Sven Henrich: The government shutdown, the longest in history, comes with a hidden revelation: Millions of Americans are financially unprepared for the next economic downturn. Worse, they are highly vulnerable, with few protections available to them. Ten years after the financial crisis, the economic recovery has left millions behind with little to no savings, and … Read more
by Dr. Eowyn Property taxes are the single largest revenue source for local governments, used to fund fire and police departments, schools, and road maintenance, including snow removal, cleaning, and repair. In 2015, the average U.S. property taxes per person was $1,518. Since property taxes are ratified, collected, and spent almost entirely at the municipal … Read more
via newsbusters: Before all the facts were known, the media ran with a story accusing pro-life activists from Covington Catholic High School of racism during an altercation with left-wing demonstrators at the Lincoln Memorial after the March for Life on Friday. That false narrative began to fall apart almost immediately, once additional video surfaced proving how … Read more
BY JOHN MAULDIN Whenever we talk about the European economy, Germany drives the discussion. Yes, the UK and France are big, but Germany is the giant. If Germany sneezes, the rest of the continent catches cold. And it is sneezing hard right now. Germany’s Economic Woes The latest GDP forecasts peg German growth at 1.5% for 2019. … Read more