“There’s more possibility of a breakthrough between the two sides,” said Hu Xijin, editor-in-chief of the Global Times, a tabloid under the People’s Daily. Hu has been spot on with the recent developments in the escalated trade war. Most recently, he had warned about the Chinese retaliation just hours before China’s official announcement. A blog … Read more
by Brandon Smith This past week was an interesting exercise in false expectations and assumptions. Once again, trade war theatrics were used to stall a stock market plunge as insinuations of a possible “deal” were made by Donald Trump, followed by China’s claim that maybe, just maybe, they would not immediately issue a new round of … Read more
Clue, a popular app women use to track their periods, has risen to near the top of Apple’s Health and Fitness category. It could be downhill from here. Apple plans this month to incorporate some of Clue’s core functionality such as fertility and period prediction into its own Health app that comes pre-installed in every … Read more
Demanding Answers: NYC Homeowner Racks Up More Than $300,000 In Fines For Home Covered In Garbage NEW YORK (CBSNewYork) — Some Queens residents are frustrated with a neighbor’s home that is covered in garbage. The homeowner has received thousands of dollars in fines, yet nothing was done about it. CBS2’s Hazel Sanchez demanded answers from the … Read more
Highly recommend listening to the whole interview, but it’s refreshing to listen to someone who actually understand and even fought some of the draconian laws that the establishment has. I don’t agree with everything Chris Hedges says, but it’s obvious the over arching direction / agenda of the state is preparing to have the legal mechanisms … Read more
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