China Deal? Don’t Hold Your Breath

The market jumps higher on every single rumor and Trump tweet that a “deal” to end the China trade war is imminent (which seems to have happened at least a dozen times this year). Macro Tourists are sure that every time a “deal” is near, it’s the next great catalyst for “stocks.” Our Washington, D.C-based … Read more

Never Forget

by AC Never forget the bloody, crying firemen who screamed about the bombs in the towers and the lobby. Never forget the 2,300,000,000,000 dollars that was reported missing by Donald Rumsfeld the day before 9/11. Never forget that the controller in charge of the Pentagon’s budget was Doc Zakheim who lost the 2.3 trillion dollars … Read more

Liquidity Crisis & Financial Crash

Banks make their money from depositors by lending to others. Banks lend out almost all the money they have on deposit and this means that there could be a bank panic if a lender can’t retrieve their deposits. The banks are supposed to hold a percentage of every dollar in reserves, which means they have … Read more

U.S. Housing Finance “Worse Off Today” Than In 2008

From Birch Gold Group Remember when the housing bubble started to burst in late 2007? By September 2008, both Fannie Mae and Freddie Mac had experienced heavy losses and were placed into conservatorship. The government then advanced them a whopping $190 billion of taxpayer money to keep them afloat. At the time, this action was described as “one of … Read more

Kunstler Exposes “Tectonic Rumblings” In America’s Political Memory Hole

Authored by James Howard Kunstler via Kunstler.com, The memory hole that appeared in America’s zeitgeist around 2016 is expanding like some evil cosmic rot. Things happen and then things unhappen and after a while it’s like they never happened. For instance, little seems to have happened all summer long with the matter known as RussiaGate, the … Read more

Bill Maher On MSNBC SLAMS Far Left As “Cancer,” Poll Shows Voters MORE Like Trump Than Democrats

Bill Maher On MSNBC SLAMS Far Left As “Cancer,” Poll Shows Voters MORE Like Trump Than Democrats. In an interview with Joe Scarborough on MSNBC Bill Maher criticized democrats for pushing too far left and called the far left a “cancer” on progressivism. While the comments may be bombastic they certainly resonate with many people … Read more

Most Expensive House Loser Announces Bid For Senate

https://www.youtube.com/watch?v=8SVzHda6fpg Molly Prince from The Daily Wire reports, Failed Georgia congressional candidate Jon Ossoff announced on Monday evening that he was officially launching a bid to unseat Sen. David Perdue (R-GA) in the state of Georgia. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/51580/…

This Usually Happens Right Before Recessions

via upfina: Changes to weekly aggregate hours worked includes the changes to the length of the workweek and the growth in payrolls. It gives a more detailed picture of the changes to the labor market than headline job creation. We touched on changes to aggregate hours worked in our previous article. Let’s delve deeper. For manufacturing, in … Read more