# Breaking : Just in – Huge Explosion in # Paris ! One store got blowned up! Police are reporting Casualties! Possible Terror attack or something! # Update : Looks like a car bomb went off! Multiple windows have broken awning’s and one building damaged in heavy # Paris and is on fire! If this … Read more
US President Donald Trump has said that he would not declare national emergency for now to solve the border security funding issueand partial government shutdown. He would rather see the US Congress act. https://sputniknews.com/us/201901111071410763-trump-wont-national-emergency-declaration/?utm_source=short_direct&utm_medium=short_url&utm_content=k24d&utm_campaign=URL_shortening https://twitter.com/SputnikInt/status/1083818738812637184 h/t Watchout
by sundance In the last 24 hours The Epoch Times has become a conduit for leaked information from inside the joint House congressional committee (Oversight/Judiciary) that was investigating DOJ and FBI corruption. [Two Stories: See Here and See Here] The joint House committee previously requested approval from the DOJ and FBI for transcripts of all witness testimony to be released. In … Read more
via visualcapitalist: The Chart of the Week is a weekly Visual Capitalist feature on Fridays. Today’s emerging markets are tomorrow’s powerhouses, according to a recent forecast from Standard Chartered, a multinational bank headquartered in London. The bank sees developing economies like Indonesia, Turkey, Brazil, and Egypt all moving up the ladder – and by 2030, it estimates that seven of … Read more
by Michael Snyder Really strange things are starting to happen all over the world. We’ll talk about “the North Pole’s sudden shift” later in this article, but first I want to focus on the very unusual event which just took place in Mecca, Saudi Arabia. A “massive swarm” of thousands upon thousands of black locusts descended … Read more
Gerald Celente interviewed by Ron Paul on the Ron Paul Liberty Report Economic collapse? More social media censorship? Will we get out of Syria? Are the neocons going to remain in charge of foreign policy? Legendary trends forecaster Gerald Celente joins today’s Liberty Report to let us know what he expects for 2019!
by Jesse “The corporate bond market has all kinds of problems. I think investors should use the strength of junk bonds that’s happened as a gift and get out of them. Corporate credit, as a percentage of GDP, has never been higher. The leverage in the corporate economy is very bad, There’s been a lot … Read more
From Birch Gold Group In September 2018, we showed how FAANG companies were “bracing for impact” because of trade war tensions between the U.S. and China. Now it appears we have our first trade war “casualty” in the form of a major hit to projected Q1 sales for Apple. CNBC has the scoop: Apple lowered revenue guidance … Read more
via diamondandsilk: We all knew that Democrats would be emboldened following their takeover over of the House and they have been trying their best to push the narrative that voters sent a major message during the midterms. In reality, the blue wave was much smaller than Democrats wanted and they still only have control of the … Read more
Three big factors behind Apple’s big sales slump and dire warning about China from CNBC. via CNBC: Apple’s latest iPhone models are seeing huge discounts from retailers in China. The technology giant recently revised its first quarter sales forecast downward, putting a large part of the blame on a slowdown in the Chinese market. Experts … Read more
by these-things-happen Starting today, taxpayers can go to http://www.irs.gov/freefile to find the Free File software product that matches their situation. Each partner sets its own eligibility standards, generally based on age, income or state residency. Taxpayers can do their taxes online from IRS.gov or they can use the IRS2Go mobile app to access Free File and do … Read more
via @OccupyWisdom : 1/ Excessive debt, particularly in corporates ~70% of GDP. Raising rates vs. earnings 2/ Global banking/financial houses signaling crisis/instability now – German banking index, Italian banks, US financials down 2x broader market – Banks/Financials leading down 3/ Divided domestic government, desire by some to see @POTUS fail by way of the economy 4/ Liquidations … Read more
via ECRI ECRI’s U.S. Weekly Leading Index (WLI) increased to 143.4 as WLI growth fell further to -6.5%, a 363-week low. On desktop click here to download WLI data for free, including the full history of its level and growth rate. On mobile click here to go to ECRI’s Reports & Indexes page, then click the “Full Site” link … Read more
via Reuters: European Central Bank policymakers are likely to debate new multi-year loans to banks, a potent stimulus tool, in the months ahead as they navigate a “fragile and fluid” global context, minutes of their December meeting showed on Thursday. A five-year economic expansion in the euro zone is rapidly losing pace as weak demand from … Read more
via CNBC: Beijing’s efforts to prop up a slowing Chinese economy, in the middle of an ongoing trade war with Washington, is pushing the government to introduce previously untested policies, according to a senior analyst at Moody’s Investors Service. It is still unclear if China’s move to grant more tax cuts to small businesses would … Read more
via Reuters: Federal law enforcement agencies that keep Americans safe are starting to feel the strain of the U.S. government shutdown, in its 21st day, with agents working for no pay and investigations delayed, law enforcement officials said. Training events have been canceled and travel cut back, with President Donald Trump and Congress unable to end … Read more
via mishtalk: Jeffrey Gundlach, CEO of DoubleLine Capital LP, has some interesting thoughts on debt, stock buybacks, and leverage. Please consider Gundlach’s Slideshow on Debt Financed Buybacks. Corporate Credit as Percentage of GDP Investment Grade Has Shorter Maturity Than High Yield US Corporate BBB Debt BBB debt is one step above junk. Rise of … Read more
U.S. government shutdown about to become longest on record from CNBC. via CNBC: It will only take another two weeks for the shutdown to cost the economy more than $6 billion, according to S&P Global Ratings. The partial government shutdown enters its 21st day Friday, tying the record for longest lapse in federal funding. If … Read more
There is only so much gov't & fed can do to prop stocks, at some point, the market will figure out the global economy continues to implode. pic.twitter.com/uKrfk6pwhr — Alastair (@StockBoardAsset) January 11, 2019 https://twitter.com/GreekFire23/status/1083843957539393536 The big declines in the industrial production data for Germany, France, Italy, Spain and the UK raises the specter of … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter In fact, QE started reversing at the end of 2014. The Fed’s balance sheet would be “substantially smaller” after the Fed gets done with its QE unwind, Fed Chairman Jerome Powell said on Thursday. How far the Fed might go in shedding assets is a red-hot topic right now that causes … Read more
by Dr. Eowyn “Outside of war and peace, of course, the most important decision you make is the selection of a Supreme Court judge, if you get it,” President Trump said last summer. January 9 was the third consecutive day of work that Supreme Court justice Ruth Bader Ginsburg, 85, missed after her December 21 surgery to … Read more
Via News.com Earth’s magnetic field is what allows us to exist. It deflects harmful radiation. It keeps our water and atmosphere in place. But now it’s acting up — and nobody knows why. Planet Earth is alive. Deep beneath its skin, its life blood — rivers of molten iron — pulse around its core. And … Read more
From Bloomberg: Ben Bernanke got a big laugh from economists in Atlanta on Jan. 4. A few minutes after Janet Yellen said, “I don’t think expansions just die of old age,” he replied, “I like to say they get murdered.” All right, not that funny. But the nerdy repartee between the past two Federal Reserve chairs … Read more
The bank cites “a sharp deterioration in risk sentiment following soft macroeconomic data in December and renewed concerns about the future direction of growth.” From CNBC: Goldman Sachs has found the safe haven gold more attractive after a volatile December. The bank on Thursday raised its gold forecasts to $1,325, $1,375 and $1,425 per troy ounce … Read more
by Jim Quinn Who could have predicted this result? Oh yeah, me. 30 BLOCKS OF DOG SHIT & SUGAR TAXES PHILLY SODA TAX WILL BE A TOTAL FAILURE Via Marketwatch Nearly two years on, the verdict is in on Philadelphia’s “soda tax.” And it isn’t good. The tax, justified as a kind of “sin … Read more