Back to School Season Should Scare You

By Rodney Johnson It’s that time again – back to school season – when we have to drive a little slower, watch for flashing yellow signs that signal much higher ticket costs, put down our cell phones, and try to remember the rules on when to stop for school buses (always on your side of … Read more

How they use pretty graphics in the news to fool us

via wattsupwiththat: In today’s digital and Internet-of-Things  world, it is easy to transform information into images — graphs, charts and other visuals that are colorful and informative.  Modern math and statistical software packages can do it all for you with a few clicks of your mouse or taps on the screen.  These visuals can be very powerful … Read more

Harry Dent: The Great Crash Begins in 2020

by Harry Dent I noticed this cycle right away in my research in the early 1980s: Substantial stock market bottoms have come every 20 years, and major ones every 40. That 40-year cycle would correspond to the generation waves of spending that have actually peaked 39 years apart, in 1929, 1968 and 2007. Twenty years would be half … Read more

Ben Swann: US sends warship to China’s backyard – why?

RT America, Released on 8/29/19 The US Navy sent a warship near contested islands in the South China Sea for a “freedom of navigation” operation. Beijing condemned Washington’s “illegal attempt at maritime hegemony.” Investigative journalist Ben Swann joins Scottie Nell Hughes to discuss. He argues that the move is tantamount to the US “tearing its … Read more

Ron Paul: A First Class Trade War With China…Who Goofed?

by Ron Paul via Ron Paul Liberty Report Whether it’s a trade war or military war, or both, there are no real winners. Just scores of losers. President Trump unilaterally launched this unnecessary trade war with China. Congress, as has become tradition in America, was not consulted. Taxes were raised on American consumers, who pay the tariffs, by … Read more

Central Banks And Civil War Plebs Must Still Play The Dollar Cards Dealt

by TraderStef via CrushTheStreet (connect with TraderStef via Twitter or at TraderStef’s website) President Trump won the White House in 2016 because we are living in a depression with cyclical recessions along the way, as the U.S. economy and stock market masquerade as boom times. A depression can be defined as a severe and prolonged recession. A typical recession is due to a decline in economic … Read more

Seems tariffs have reversed trumped up expectations

by WARREN MOSLER With personal income decelerating shouldn’t surprise anyone if personal consumption does same, not to forget benchmark revisions just took employment down by 500,000 dampening that source of personal income: US Personal Income Grows the Least in Nearly a Year Personal income in the United States increased 0.1 percent month-over-month in July of … Read more

Dalio Warns: A Bond ‘Blow-Off’ as a Repeat of the Late 1930s Looms

via CNBC: Hedge fund kingpin Ray Dalio is warning that current conditions remind him of the Depression-era environment. He cited three factors: Ineffective central banks, high levels of debt and the U.S.-China conflict. Dalio previously predicted a “paradigm shift” that would benefit gold. His biggest funds are losing money this year. Hedge fund titan Ray Dalio is … Read more

For Second Week In A Row, Fed Buys Treasuries (AKA, QE4!?!)

by econimica Summary After 250 weeks without a purchase of Treasuries (since Oct. 2014), for the second week in a row, the Federal Reserve bought Treasuries. The $14 billion in purchasing is in stark contrast to zero purchases since Quantitative Easing ended and selling during Quantitative Tightening. When the Fed sells Treasuries, asset prices struggle, but … Read more

The SEC doesn’t have audit access to Chinese companies that make up more than $1.3T in US market cap.

Third. The SEC doesn't have audit access to Chinese companies that make up more than $1.3T in US market cap.The SEC IS SUPPOSED TO PROTECT INVESTORS , BUT CANT WITH CHINESE COMPANIES. WTF ? TELL CHINA, CHANGE OR WE DELIST THEM That will move them faster than tariffs. 👇from SEC https://t.co/Ex3GhiuM1G pic.twitter.com/tzxOvjBVFv — Mark Cuban … Read more

Dalio Says Central Banks Are Losing Ability to Reverse Downturns… Jim Grant: The Monetary Drama Will End With a Much Higher Gold Price

Dalio Says Central Banks Are Losing Ability to Reverse Downturns (Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Ray Dalio thinks the ability of central banks to reverse an economic downturn is coming to an end as the global economy enters what he says … Read more

History says: If $KRW breaks, global stocks follow. Now re-testing a major support line.

History says:If $KRW breaks, global stocks follow. Now re-testing a major support line. South Korea heavily relies on exports and the won is a barometer for financial conditions worldwide. Name a time in history when $KRW fell apart and the global economy didn't. pic.twitter.com/E8gScNMbsf — Otavio (Tavi) Costa (@TaviCosta) August 26, 2019