The Fed Is Creating the Next Financial Crisis and They’re Doing It On Purpose! Here’s Why.

Every single time the Fed goes into a tightening cycle, the stock market crashes. For those who AGREE with my thesis, please let me know what you think. Every single time the Fed contracts currency and begins some form of quantitative tightening policy, the stock market falls. This is near 100% accuracy since the inception … Read more

The dossier’s only purpose was to get a special counsel appointed to go after Trump, and they got that.

  BYRON YORK: Remember Prague? In Michael Cohen plea deal, Mueller says nothing about key collusion allegation. When news broke that Michael Cohen pleaded guilty to lying to Congress about his 2016 meetings concerning the failed Trump Tower Moscow project, the chattering class instantly began talking about the failed Trump Tower Moscow project. Of course that … Read more

G20 – Head of State slighted when greeted, not by Honor Guard, but by Airport Staff, Guess who?

Normally the hosting state sends the military honor guard to welcome the dignitary to their country when they disembark the plane. I guess French President Macron did not deserve such a distinction when instead it was airport staff at the door and on the tarmac that greeted him. Meanwhile, with eggs getting thrown on him … Read more

Doug Casey on the Future of Privacy

Via Casey Research Justin’s note: “Alexa, did you witness a murder?” Most people would never ask their Echo device this question. But authorities in New Hampshire believe an Echo smart speaker may have recorded audio during a double murder that took place last year. The judge in this case even asked Amazon to turn over audio … Read more

From Fake News To Fake Shoes – How Payless Pranked So-Called ‘Influencers’

Via ZeroHedge Payless tricked a group of fashionistas into buying their low-cost shoes for Madison Avenue prices. The company opened a fake store at a former Armani location in Santa Monica, California under the bogus label “Palessi,” and invited discriminating high-end shoppers to a fake launch party. VIP shoppers paid as much as $645 for shoes … Read more

All hell breaks loose in France: The government mulls state of emergency after 3rd weekend of Yellow Vest protest mayhem

After hundreds of people were arrested and injured during Saturdays’ Yellow Vest protests, government is now mulling all options as a response. That includes a state of emergency, a spokesman confirmed. “It is out of the question that each weekend becomes a meeting or ritual for violence,” Benjamin Griveaux told Europe 1 radio on Sunday. … Read more

SPX – 2008 vs 2018.

https://twitter.com/magotrader/status/1068955761819176960 The $SPX Death Cross via the popular 50 and 200 day is just overhead /11 pic.twitter.com/G3zJauNc0X — mcm-ct.com (@mcm_ct) December 2, 2018 The $SPX island top trendlne comes in overhead and conincides with the current ramp channel /12 pic.twitter.com/c345po90rK — mcm-ct.com (@mcm_ct) December 2, 2018 PMIs outside the US peaked in late 2017/early 2018 … Read more

Market outlook: bull market tops are a process

by Troy The U.S. stock market rallied last week and is now sitting just under its 200 day moving average. Source: Investing.com The economy’s fundamentals determine the stock market’s medium-long term outlook. Technicals determine the stock market’s short-medium term outlook. Here’s why: The stock market’s long term is bullish, but this will change in 2019. The … Read more

Trump walks off stage at G20 leaving Macri looking a little p****d off

And does trump say “Get me outta here” at the 15 second mark? #Argentina’s President Mauricio #Macri was left alone on stage on Friday (November 30), amid a misunderstanding with U.S. President Donald #Trump which saw the American walk away during a photograph opportunity. Both leaders were shown shaking hands in front of photographers before … Read more

Update on the Housing Bust in Sydney & Melbourne, Australia

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This is not exactly slow motion anymore. In Greater Sydney, Australia’s largest housing market, the housing bust, after a terrific housing bubble, is gaining momentum. In November, according to the CoreLogic Daily Home Value Index: Prices of single-family houses dropped 9.2% year-over-year. Prices of “units” (condos) fell 5.5%; Prices of all types of … Read more

ECRI Recession Alert In Negative Territory Indicates Recession Or A Plunge On Track… Margin Debt and S&P Top This Time?

ECRI Recession Alert in Negative territory 🔻-4Indicates Recession or a Plunge on track> pic.twitter.com/VPVVS9OMgO — Antonio Pérez-Algás (@apanalis) November 30, 2018 📌Margin Debt and S&PTop this time? or not? Without a severe Decline?Amazing pic.twitter.com/JHWarCpMcb — Antonio Pérez-Algás (@apanalis) November 30, 2018 🧐US Yield Curve on a brink to reach the goal: be Inverted (2Y5Y 2Y10Y) … Read more

SPX stops are hit, Bulls have the bag now. DJT must deliver or there will be a blood bath on Sunday night

SPX stops are hit, Bulls have the bag now. DJT must deliver or there will be a blood bath on Sunday night pic.twitter.com/D4BsxZXIKy — xTrends (@xtrends) November 30, 2018 Speaking of bear markets, here is what SKEW index tells us about it. pic.twitter.com/YSPKG6ecPQ — xTrends (@xtrends) November 30, 2018 https://twitter.com/magotrader/status/1068648540375789568 🧐No much progress for the … Read more

John Adams: Australia Has “Stage 4 Economic Cancer”

by John Adams from Adams Economics In the past week, economist and former political advisor John Adams visited Australia’s Federal Parliament to speak to politicians about how sick the Australian economy is and how this will result in a devastating Economic Armageddon.  John Adams told the politicians that it is better, and in the national interest, if they … Read more

Could GE’s Slow Collapse Ignite A Financial Crisis?

This article was written by Dave Kranzler and originally published at Investment Research Dynamics Will GE be the proverbial “black swan?” – It had come to my attention that General Electric was locked out of the commercial paper market three weeks ago after Moody’s downgraded GE’s short term credit rating to a ratings level (P-2) that … Read more

Reddit is replacing community mods with a Chinese style communism points system. No joke.

What could ever go wrong? via Reddit: Greetings, r/Libertarian! I want to let you know about an experiment we’re launching in r/Libertarian today. It’s a governance tool based on reputation, as a more federated way to make community decisions. Introducing… Community Points and Polls! The magic of Reddit happens when users have the space and control to be … Read more

Sacramento to spend $400,000 to clean up human feces and garbage created by the homeless

by DCG Streets of Sacramento…   Liberal utopia of Sacramento… Progressive-run west coast cities have become a magnet for the homeless. The demorats encourage illegal and disgusting behaviors by not enforcing laws. The bureaucrats do nothing to actually solve their homeless problems; they just react to the situations they helped create. See the following: Liberal utopia … Read more

Real Estate Starting to Go Belly Up Down Under

By Harry Dent I just got back from Australia… A five-city tour: Sydney, Perth, Melbourne, Adelaide, Brisbane… I was gone for 11 days… eight on the ground. And man! What a trip. Never mind the endless travelling or the horrific jetlag… This was one of my best tours yet; and a particularly unusual one because … Read more

Seems like everytime I think my GE stocks couldn’t get any lower, they find a way to prove me wrong.

NYT: GE, Tesla, Snapchat, under accounting investigations Companies that lag their peers sometimes cut accounting corners to make themselves appear stronger than they really are. But is the risk of getting caught worth it? The recent news that the Justice Department and Securities and Exchange Commission are looking at the accounting and disclosures of General … Read more

Miller on the Money: “When the Music Stops, Who Gets Stuck With the Bad Loans?”

by Dennis Miller The Federal Reserve is raising interest rates. Higher rates = higher monthly payments = more defaults. Who will get stuck with bad loans? Wolf Street recently interviewed Mike Jackson, CEO of AutoNation, the largest auto retailer in the country: “We knew ‘free money would inevitably end. Affordability would become an issue…’ The double whammy are … Read more