If this trend continues, GASOLINE WILL BE FREE by Christmas – Prices below $1.73/gal

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Any liberals complaining? https://www.gasbuddy.com/GasPriceMap?z=4&lng=-96.591588 Is this had not happened, gas would be below $1.50 in many places. Most States Have Raised Gas Taxes in Recent Years https://itep.org/most-states-have-raised-gas-taxes-in-recent-years-0419/ Gas Taxes Rise in a Dozen States, Including Historic Increase in Illinois https://itep.org/gas-taxes-rise-in-a-dozen-states-including-an-historic-increase-in-illinois/ June 29th Gas taxes to rise in these states in July https://www.foxbusiness.com/personal-finance/states-gas-taxes-to-rise-july States are doing … Read more

Current recession probability is highest since GFC. In last 50y, probability has never got to this level without economy going into recession.

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https://twitter.com/anilvohra69/status/1180903251123720192 3 Major Warning Signs May Mean Danger Ahead for the Stock Market FAANG has died Despite ongoing low interest rates from the Fed, investors are no longer leveraging up on that cheap money to buy the once popular — always insanely valued — FAANG stocks. Facebook (FB), Amazon (AMZN) and Netflix (NFLX) have shed … Read more

Central bank stimulus is distorting financial markets. This is not a slowdown, it is the hangover of the “synchronized growth” mirage.

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Half of banks would not survive a six month crisis, ECB warns https://t.co/1sNE0IDVSGA case of “wanting”to have your cake and eating it.. and living in hope from the ECB — Local Banking 🇮🇪 The Real Economy (@NoelKinahan) October 8, 2019 This is not a slowdown, it is the hangover of the "synchronized growth" mirage. The … Read more

US Spy’s wife Kills Brit Teen – Flees Investigation,Claims Diplomatiic Immunity

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This is lightening-up social media now! Revealed: US diplomat’s wife, 42, who ‘ran over and killed’ British teen outside RAF base before fleeing and claiming diplomatic immunity is named Quote:.Anne Sacoolas left the UK despite facing possible charges of causing death by dangerous driving . Harry Dunn, 19, was killed in August near RAF Croughton … Read more

Will Concern Consume the Consumer?

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Originally published at ExecSpec.net Should U.S. consumers feel consumed by the growing avalanche of negative news? There is an unending tariff war between the world’s two biggest economies, risk of a hard Brexit impairing the U.K., a U.S. manufacturing recession and high odds of a presidential impeachment. Reflecting this anxiety and uncertainty manifests in optimism among … Read more

Headlines Dominate Cautious Markets

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by FS Whether it’s the latest news on US-China trade, the impeachment inquiry, or an ongoing global slowdown, stock market sensitivity to headline risk has been on the rise in recent months. Here’s what we discussed in our recent Technician and Big Picture segments on the Financial Sense Newshour. For audio, see Buying Opportunities Ahead, Says … Read more

Everyday a little piece of HK dies. Most important geopolitical event in world. Situation now deteriorating at faster pace.

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Everyday a little piece of HK dies. Most important geopolitical event in world. Situation now deteriorating at faster pace. Western and US press hardly giving it the needed airtime as most running scared of Beijing. But the videos just keep coming in worse and worse. https://t.co/QCwN97Wamy — Dan Tapiero (@DTAPCAP) October 7, 2019 Bank runs … Read more

Wow. The NBA now an official mouthpiece for Chinese State Propaganda.

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Wow. The @NBA now an official mouthpiece for Chinese State Propaganda. cc @Jkylebass https://t.co/GsRWmLJl81 — Paranoid Bull (@paranoidbull) October 7, 2019 https://twitter.com/global_chain/status/1181149382005051392 The NBA is bowing to the Chinese Communist Party. Houston Rockets GM Daryl Morey took down a tweet showing support for Hong Kong. Brooklyn Nets owner Joe Tsai says the damage from Houston … Read more

Growth is slowing. China, Canada, Australia pose serious risks today. Will Q4 be ‘deja vu all over again’?

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https://twitter.com/anilvohra69/status/1181143891229020160 – $20 Trillion monetary stimulus– $30 Trillion of fiscal stimulus and new debt – Negative real and nominal rates. … But the problem is that we need more stimulus. But of course 🙄#SupplySideReformsNow pic.twitter.com/RbwFuK6vrs — Daniel Lacalle (@dlacalle_IA) October 7, 2019 Credit bubbles build up when private sector debt growth rapidly outpaces GDP growth … Read more

CHINA BANNED SOUTH PARK AFTER THE SHOW MADE FUN OF CHINESE CENSORSHIP:

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via reason: In a case of life imitating art imitating life, the Chinese government has purged all references to South Park from the country’s highly restricted internet—following an episode of the show that criticized Chinese censorship. “Band in China,” the second episode of the show’s 23rd season, satirizes China’s heavy-handed crackdowns on free expression. The kids attempt to … Read more

The Media Is Way Too Easily Distracted By Twitter-Friendly Stories.

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via thefederalist: Political Twitter is easily distracted by stories with a dangerously unbalanced ratio of news value to entertainment value, even more so than the cable networks. (I’m not excluding myself from this.) Because the conversation is driven by coastal journalists who use our accounts for social and professional purposes, there’s a premium on media … Read more

US nukes at Turkey base at risk of seizure — report

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US nukes at Turkey base at risk of seizure — report Think tank warns nuclear assets at Incirlik airfield could fall to ‘hostile elements’ amid protracted civil strife. https://www.timesofisrael.com/us-nukes-at-turkey-base-at-risk-of-seizure-report/ https://besacenter.org/perspectives-papers/us-nuclear-weapons-turkey/ Amid the recent self-congratulatory celebrations of the North Atlantic Treaty Organization’s 70th anniversary, there was no mention one of its strangest policies: the nuclear sharing … Read more