The sharp rise in the Citi Economic Index could be another recovery head fake.

by

via Michael Kantrowitz, CFA: It’s not being confirmed by Bloomberg’s Leading Indicator Surprise index. When these two series diverge, Citi’s surprise index has pointed investors the wrong way. Surprises are important, but more so when it comes from leading economic data. Stay defensive. $XLU $XLP $TLT Citi’s surprise index has too much lagging economic data, … Read more

How The Deep State Is Dragging Trump Into War With Iran

by

via strategic-culture.org: Should we chalk it up to coincidence theory that just days after Trump gives John Bolton the boot as his National Security Adviser, Iran is blamed for an attack on a Saudi oil facility, forcing Washington to forego any hope of peace with Tehran? One day before Bolton’s abrupt departure from the White House, … Read more

The Fed is Clamoring to Regain Control of this Critical Cog in the Financial Markets

by

From Birch Gold Group In a week during which the Federal Reserve cut interest rates for only the second time since the Great Recession, the central bank found its hands full with another event with potentially catastrophic implications for the economy. In short, liquidity in the repo markets – a critical cog in the financial system … Read more

Small Town In Ireland Fights Back Against Open Borders

by

The small town of Oughterard in Ireland, with a population of only 1600 people, nearly unanimously protested against take in more “refugees.” Under a direct provision the small rural town, already full to capacity, would be responsible for the housing and welfare of the “asylum seekers.” Minister of State Seán Kyne was booed and heckled … Read more

37,000 people died last year in the US from gun shot wounds over 20,000 of them were suicides.

by

Of the remaining 17,000 deaths by guns Less than .05% of all homicides were from Long guns https://www.foxnews.com/media/karl-rove-betos-orouke-gun-buyback-wrong We don’t have a gun problem, we have a social media problem driving people to commit suicide. i.e. the fake news is the problem not guns https://www.foxnews.com/media/karl-rove-betos-orouke-gun-buyback-wrong   h/t Jake

JOEL KOTKIN: Silicon Valley’s Useful Idiots: Tech elites paid for the rope that may hang them.

by

via city-journal.org: The term “useful idiot,” often credited to Vladimir Lenin, applies to people supporting a cause or movement injurious to their own self-interest. Nowhere is this more relevant these days than in Silicon Valley, a place dominated by brilliant technologists and marketers who often seem to have the social and political acuity of middle schoolers, … Read more

MATTHEW CONTINETTI: Kavanaugh and the Crisis of Legitimacy: Why the Supreme Court justice became a symbol of polarization.

by

via freebeacon: Democrats are not dissuaded by the fact that Kavanaugh and the Court unite the conservative movement and Republican Party like no other figure and issue. What counts to them is the Democratic base, not the Republican one. Anger, outrage, and animosity whip up voters, boost enthusiasm, and drive people to the polls. Nor does … Read more

Saudi says it will respond appropriately if probe confirms Iran’s role in attacks

by

Saudi says it will respond appropriately if probe confirms Iran’s role in attacks  Saudi Arabia will take appropriate steps to respond to an attack on its oil facilities if, as expected, a Saudi investigation confirms that Iran is responsible, a senior official said on Saturday. Minister of State for Foreign Affairs Adel al-Jubeir said the … Read more

Trump Has SURPASSED Obama Approval Despite 92% Negative Press, Democrats FLIPPING to Republicans

by

Trump Has SURPASSED Obama Approval Despite 92% Negative Press, Democrats FLIPPING Trump Has SURPASSED Obama Approval Despite 92% Negative Press, Democrats FLIPPING Republican. The latest polling aggregate has Trump above Obama for the same time in Obama’s presidency. The most important factor, Obama won reelection. If Trump is doing BETTER than its just more evidence … Read more

Google performs first Quantum computation.. then tries to cover it up!

by

A quantum computer can carry out a single calculation that no conventional computer would be capable of within a reasonable time. Researchers at Google have created a computer that can carry out calculations way beyond the reach of traditional computers, it has been reported. The scientists say it marks the achievement of something called “quantum … Read more

LIVE Saturday protests: HONG KONG streams + Yellow Vests Act 45 (huge attendance and riots expected in Paris) – September 21st

by

by serkok In Paris police already used tear gas (local time before noon) and riot police is in action on Champs Elysées. PARIS Another one from Paris (this guy usually streams from Toulouse) Toulouse Different stream with English commentary [link to http://www.youtube.com (secure)] Hong Kong https://twitter.com/AD12369002/status/1175292949241970690 https://www.pscp.tv/w/1lPJqePZZObJb

Will Central Bank Liquidity Be the Next Recession Catalyst? (w/ Danielle DiMartino Booth)

by

As 2018 drew to a close, global central bank liquidity flipped from net positive to net negative for the first time in a decade. Danielle DiMartino Booth joined Real Vision to explain her thesis that share buybacks have created positive momentum in US equity markets that until only recently have moved away from historically low … Read more