via CNBC: “The loss was due to a host of issues including the partial government shutdown, the impact of tariffs, instabilities in financial markets, the global slowdown, and the lack of clarity about monetary policies,” said Richard Curtin, chief economist for the Surveys of Consumers. “Aside from the direct economic impact from these various issues … Read more
by Charles Hugh-Smith The goal of the Cultural Revolution isn’t to persuade, it’s to enforce compliance. A Cultural Revolution is a movement designed to preserve the political and financial power of a ruling elite by social rather than political or financial means. Thus the primary tools of a Cultural Revolution are not redistributing power via elections … Read more
via thefreethoughtproject: Phoenix, AZ — In March of 2016, Mesa Police Officer Philip Brailsford was charged with second-degree murder for gunning down Daniel Shaver, an innocent husband, and father of two. The shooting was captured on body cam footage, part of which was released the following May. On Thursday, a jury, apparently blinded by the badge … Read more
This has been a fun rally in a downtrend. Dont be a greedy 🐷 — Leni (@TweetLeni) January 18, 2019 remember how excited everyone was this time last year? pic.twitter.com/5fUWUlrNG0 — . (@StockCats_2009) January 18, 2019 https://twitter.com/OccupyWisdom/status/1086385885271207937 https://twitter.com/OccupyWisdom/status/1086426770209939456 Odds of Fed interest rate hikes are now lower than odds of rate cuts in 2019.$SPY $ES … Read more
Mike Maloney, founder of GoldSilver.com, recently completed a marathon, 81-minute interview with Nicholas Merten of the DataDash YouTube channel. The conversation was far reaching, covering Mike’s entry into the world of precious metals, his alliance with Robert Kiyosaki, and how Mike thinks the next financial crisis may play out.
Cassandra Fairbanks for the Gateway Pundit reports, Senate Majority Leader Mitch McConnell (R-KY) has blocked a third bill to reopen most of the government without funding the wall. https://www.youtube.com/watch?v=kaDVAPQhqqg Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019… The Hill reports, “the Senate GOP leader didn’t explain his objection from the Senate floor but he has warned for weeks that he will … Read more
Ben MArquis for the Conservative Tribune reports, As part of the left’s blind opposition to President Donald Trump — particularly with regard to his illegal immigration policies — a number of Democrats have called for the abolition of Immigration and Customs Enforcement. https://www.youtube.com/watch?v=h4giuzoLt-M Read More/Source/Credit/FairUse: https://www.westernjournal.com/ct/hou… As part of the left’s blind opposition to President … Read more
Randy DeSoto for the Western Journal reports, Former Immigration and Customs Enforcement acting director Tom Homan has appeared regularly on Fox News since the government shutdown began, but said he has not been asked on CNN. https://www.youtube.com/watch?v=9R_colf2_lQ Read More/Source/Credit/FairUse: https://www.westernjournal.com/former… Homan told The Daily Caller that his last appearance on CNN in the spring was to … Read more
Glowing space billboards could show ads in the night sky We’re accustomed to being bombarded by ads. TV, radio, smartphones, newspapers and magazines, movie theaters, billboards — all of them feeding us with a steady supply of messages designed to influence our purchasing choices, among other things. Now, though, a Russia-based startup has a plan … Read more
via thefreethoughtproject: Seattle, WA — A Seattle police officer has been demoted from his rank of sergeant after he stalked an innocent man at his place of work — for over 40 minutes — to demand an apology. Former police Sgt. Frank Poblocki is now a mere officer after his temper tantrum caught on body camera. … Read more
China’s economic growth rate for 2017 has been revised down to 6.8 per cent from 6.9 per cent as part of annual data revisions, the National Bureau of Statistics (NBS) announced on Friday. The estimated size of the economy at the end of 2017 was down by 636.7 billion yuan (US$93.9 billion), or 0.8 per … Read more
Bloomberg article tl;dr – Compared with hard economic data, [market-based models that predict recessions are] more forward-looking. But not only can markets get it wrong, they’re also prone to rapid reversal, undermining their reliability as the harbingers of doom. “You cannot get the equivalent of a thousand-point drop in the real economy in 24 hours, … Read more
by WhenLuggageAttacks Wall Street Journal Article – Link for Subscribers Wall Street Journal Article – Link for Non-subscribers tl;dr – The report, known as the beige book, was based on information collected through Jan. 7. With the usual flow of economic data constricted by the partial government shutdown, the anecdotes compiled in the beige book will … Read more
The [DS] is pushing their agenda and using all their ammunition, when the time is right boom. Trump took the hammer to Pelosi and has exposed what they were up to. The caravan is moving towards the border. The code by Maggie is now revealed, it seems that [RBG] will most likely retire this month … Read more
via businessinsider: A startup called Ambrosia that charges $8,000 to fill your veins with the blood of young people is now accepting PayPal payments for the procedure online. Jesse Karmazin, a Stanford graduate who founded Ambrosia, told Business Insider this week that the company was up and running in five US cities. Ambrosia recently completed its first clinical trial designed … Read more
by Graham Summers of Gains, Pains, & Capital This week is options expiration week… Wall Street’s favorite time to ramp the markets in order to insure the maximum number of options contracts expire worthless. THIS, nothing else, is why the markets rallied this week. Tweets from the President or some statement by a Fed official were simply the … Read more
via UPFINA The government shutdown is now 27 days old and shows no sign of letting up. According to Oxford Economics, the shutdown will hurt GDP growth by 0.2% if it continues until the end of the month and 0.6% if it lasts the whole quarter. The longer the shutdown lasts, the larger the multiplier, … Read more
from Financial Survival Network Jordan Goodman asks between the shutdown, trade issues, the deficit, the student loan bubble, the auto loan bubble, etc., what’s an investor to do? The only surprise is that the market hasn’t taken a bigger hit, but there’s time. Interest rates appear to have peaked at the present time, but is that enough … Read more
Via The Babylon Bee U.S.—The economic toll of the government shutdown is growing by the day, and experts now believe the cost of having the government partially closed down is nearly as bad as the economic toll of a functioning government interfering in our economy, businesses, and private decisions in the first place. “It’s really … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Wow, that was fast. Margin calls. During the ugly stock-market December, whose ugliness bottomed out on Christmas Eve, a nasty November, and the ugliest October anyone can remember, margin debt plunged by a combined $93.8 billion, the most since Q4 2008, after Lehman Brothers filed for bankruptcy. In December alone, margin … Read more
by sundance In November of last year the New York Post interviewed President Trump asking specifically why he was not declassifying “spygate” documents, and inquiring about the purpose for his reluctance. President Trump responded: “Maybe it’s better that the public not see what’s been going on with this country.” Many people were disappointed, but its always been President Trump’s … Read more
Umich confidence is collapsing and the blame goes to the shutdown. China has just extended an olive branch and they will increase trade by 1 trillion during the next 6 years. Trump and the patriots have been talking about the plan for many years, they have not been hiding he plan, actually the plan is … Read more
via pjmedia: Well, well, well. In a case of “we told you so,” liberals who work in the restaurant industry are finding that 2019 has brought them fewer hours at work. Sure, they now get that beloved $15 an hour (why just $15 an hour? Why not $20 or $25 or even $100 an hour?), but … Read more
by ED “BUZZFEED EDITOR-IN-CHIEF BEN SMITH IS HAVING A TERRIBLE, HORRIBLE, NO-GOOD, VERY-BAD DAY,” Twitchy notes; but we’ll come back to them in just a second. First up, Colby Hall of Mediaite writes, “Buzzfeed News Bombshell Reporter: No We Have Not Seen the Evidence Supporting Our Report:” Anthony Cormier is one of the two investigative reporter at BuzzfeedNews who co-authored … Read more