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When she added Gabrielle’s name to the chart in her kitchen, Judy Kennedy could picture the annual ritual. At birthdays she would ask her newest grandchild to stand up straight, heels against the door frame, so she could mark Gabrielle’s height beside that of her other granddaughter in the Maine house the family has lived … Read more
The majority of that reported 39,000 firearm deaths are from suicide. Banning every single firearm in the USA likely wouldn’t put anything more than a small dent in the number of suicide deaths. Walmart is claiming they are no longer selling to reduce gun MURDER. That number is roughly 17,000, let’s round up and call … Read more
by sundance Looking over how much corrupt Hillary Clinton dirt the intelligence community hid in the 2016 election, the big picture aspects deserve an expanded discussion. In the larger picture it is clear the Obama administration weaponized the institutions of government to target his/their political opposition. It is also increasingly clear a Hillary Clinton administration would … Read more
Authored by Mike Shedlock via MishTalk, The global repercussions of Trump’s trade wars have a new casualty: US and European car manufacturers. The telegraph reports European Carmakers are Caught in the Crossfire of Trump’s Trade War. But it’s not just European manufacturers. The US will take a huge hit as well. China has been the most frequent … Read more
https://www.youtube.com/watch?v=P55hIt4syQU For More Information See: https://www.bloomberg.com/amp/opinion… https://theweek.com/speedreads-amp/86… http://theeconomiccollapseblog.com/ar… https://www.marketwatch.com/articles/… https://www.cnbc.com/2019/08/21/morga…
by TFittonJW High intensity update: No one is doing more heavy lifting than Judicial Watch… https://www.judicialwatch.org/press-releases/judicial-watch-victory-court-grants-significant-new-discovery-in-clinton-email-case/ https://www.judicialwatch.org/press-releases/judicial-watch-statement-on-doj-ig-report-on-james-comey/ https://www.judicialwatch.org/press-releases/judicial-watch-federal-judge-orders-fbi-to-search-for-steele-documents/ https://www.judicialwatch.org/press-releases/judicial-watch-files-lawsuit-against-santa-clara-county-sanctuary-city-policy-that-enabled-illegal-alien-to-kill-an-american-citizen/
We uncovered that the Obama White House ran the Weiner email investigation with the aid of the corrupt FBI and DOJ. Now we know the corrupt FBI didn’t even search Weiner’s laptop till after the 2016 election and then somehow have misplaced Weiner’s iPhone and iPad. We raised this question in April 2018 – Why … Read more
By John Mauldin The last few weeks marked a turning point in the global economy. It’s more than the trade war. A sense of vulnerability is replacing the previous confidence—and with good reason. We are vulnerable, and we’ll be lucky to get through the 2020s without major damage. Let’s talk about the risks facing us in the … Read more
A chart called the “yield curve” has predicted every US recession over the last 50 years. Now it might be predicting another one. Economic experts are starting to warn that a US recession is becoming more likely because of something called the “yield curve.” So what’s the yield curve? What does it show? And why … Read more
HK banks now provisioning only 1.7% of their revenues for loan losses! That’s close to a record low.Even below levels prior to the Asian Crisis! Are HK banks accurately depicting the potential for credit losses? Their historical average is about 12% of revenues. pic.twitter.com/kC8NtlZwjx — Otavio (Tavi) Costa (@TaviCosta) September 3, 2019 Otavio is the … Read more
via Otavio (Tavi) Costa: Consumer confidence-to-sentiment ratio at a cyclical high? Happened prior to every recession. Now spiking after sentiment had its worst monthly drop in 7 years. Stocks never looked so toppy. Oil E&Ps now below GFC levels! Not the only problem: Industrials, financials, health care, materials, energy. All peaked in 2018. Broad leadership … Read more
History is made on the bond markets: The 2020s will begin with the lowest interest rates in 5000 years, BofAML says. pic.twitter.com/ma8VA5K3eq — Holger Zschaepitz (@Schuldensuehner) September 4, 2019 https://twitter.com/kairyssdal/status/1169293191125725184
via Jimmy Su: Consensus thinks that the China consumption story is driven by the “rising middle class” but as always the actual reason is much more complicated. Also, BCA looks at the ratio relative to household income instead of GDP because the latter includes non-consumer related line items (I.e. govt spending, investment, net exports). Makes … Read more
If history repeats itself, we are already in a #bearmarket with a US #recession in 2020 and SPX @3200-3300 in 2024. More in my article here: https://t.co/bwwqEQzxZB @PictetAM pic.twitter.com/EJc2GLzN5H — Luca Paolini (@luca_paolini) September 5, 2019 Global #manufacturing is contracting, but can the service sector prevent a more serious downturn? https://t.co/o2uVsr1pj5 @darioperkins pic.twitter.com/9tKTCcd5Xn — GlobalData.TSLombard … Read more
Target tells suppliers it “will not accept any new cost increases related to tariffs on goods imported from China.” In a memo, the retailer also says it expects suppliers to “develop the appropriate contingency plans so that we don’t have to pass price increases along to our guests.” https://www.cnbc.com/2019/09/05/target-demands-that-suppliers-absorb-tariff-costs-to-shield-consumers.html
WeWork parent weighs slashing its valuation roughly in half to around $20 billion amid IPO skepticism, say people familiar with the matter This is a developing story…. https://www.wsj.com/articles/wework-parent-weighs-slashing-its-valuation-roughly-in-half-11567689174?mod=BNM&mod=breakingnews
I hope someone is keeping track of how many times this cycle has repeated pic.twitter.com/5kft4b8lGY — . (@StockCats_2009) September 5, 2019
Authored by Mike Shedlock via MishTalk, A big filibuster was in progress then suddenly it vanished. Tories voted for the Benn bill blocking No Deal. Sorting Out the Truly Weird Remainers are bragging tonight that the Filibuster is broken. Guess who broke it. Via Eurointelligence The Conservatives in the House of Lords abandoned their filibuster in … Read more
by howmuch It’s no secret that $1 now will get you less than it would 100 years ago, but just how much has the purchasing power of the U.S. Dollar decreased over the years? To illustrate this, we created a visualization that demonstrates the rise and fall of the dollar since 1913. Using this graphic, … Read more
by Mac Slavo of SHTFplan American consumers’ sentiment has officially reached their tipping point. It’s time to brace for the impending recession. Unfortunately, the news is dire. Consumer sentiment results from the University of Michigan Surveys of Consumers have crashed. The Consumer Sentiment Index posted its largest monthly decline in August 2019 (-8.6 points) since December 2012 (-9.8 … Read more