Fed Finally Blinks

via MacroTourist The other day Stock Board Asset Macro Research’s Alastair Williamson tweeted the following chart with the accompanying comment, “The entire world is burning, and America is holding on by a thread.“ It’s a great table for it shows that both bonds and stocks around the world have suffered this year with almost no financial … Read more

Home sales, Durable goods, Philly Fed index

by WARREN MOSLER Last month revised lower and looking weak: Highlights A drop for primary metals, a sharp drop for machinery, and a reversal for defense aircraft all pulled down durable goods orders in October which fell a sharper-than-expected 4.4 percent. A very sharp downward revision to September, revised from a 0.8 percent gain to a … Read more

Man accused of Portland execution-style shootings was convicted felon under Washington state supervision, living in public housing

by DCG Not enough gun control laws can stop a determined, career criminal. Nor can the justice system, apparently. This past Monday, an 11-time convicted felon shot and killed two people – execution style – in two separate incidents in Portland, Oregon. According to Oregon Live, the perp is James Javontae Barquet (age 26) who is now charged with aggravated … Read more

THE SATURDAY SMILE: Theresa May’s tough-talk coup, Trump’s Earth orbit, man eating Iguanas and Tommy Robinson grooming parlours

by John Ward The relief in Great Britain was almost audible this morning as Theresa Chamberpot flew into Croydon Airport to be greeted by a rapturous crowd. Waving a soft, long and scribble-covered stretch of Andrex toilet roll, the Prime Minister slithered down the steps of her specially chartered Gipsy Moth XIX aircraft to address her … Read more

As The French Migrant Crisis Grows Worse By The Day, Macron’s Approval Rating Tanks

by Jon Hall, Free Market Shooter According to a major tracker poll published early this week, the approval of French President Emmanuel Macron has plummeted to just 25%. After a nationwide “yellow vest” protest took place across France against high fuel prices, the poll results were published in a weekly newspaper and analysts say the outcome represents the widening frustration with … Read more

World Economy Declines into 2035.8

via Armstrong Economics  QUESTION: Mr. Armstrong; You mentioned that we should expect a further decline in the economy. Do you have a target for that decline? ANSWER: The world economy has been in a prolonged economic decline as taxes have risen and regulation has expanded. As government hunts money everywhere, they are bringing the world economy into … Read more

Why Oil’s Crash Will Cause A Shale Energy Bust

by Jesse Colombo Despite this being a low-volume holiday week, crude oil continues to plunge. West Texas Intermediate (WTI) crude oil is down $3.69 or 6.75% and Brent crude oil is down $3.60 or 5.75% today alone, which further confirms the concerns I had when when I wrote the article “Is A Crude Oil Liquidation … Read more

Imagine Having Foresight in Investing

In the investing world it has always been the million dollar, now the billion dollar question, what are the hot stocks?  What stocks and shares to buy that will grow and increase in value, either for a quick cash grab, or for the long-term?   The answer to this is indeed an investor’s dream!   … Read more

AMAZON WORKERS REVOLT! WAREHOUSE WALKOUTS; INHUMANE CONDITIONS; ‘WE ARE NOT ROBOTS’

‘Electric shocks & broken bones’: Amazon workers to protest ‘inhuman’ conditions on Black Friday Amazon warehouse workers are set to protest ‘inhuman’ working conditions in planned demonstrations across Europe on Black Friday. Hundreds of Amazon employees are working with the British trade union GMB and planning to gather outside five of the website’s fulfillment centers … Read more

One After The Other, Individual Stocks Are Getting Crushed…. Why I Think This Sell-Off Is Just One Step In Methodical Unwind Of Stock Prices

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter It was an ugly Monday and Tuesday followed by a Wednesday that at first look like a real bounce but ended with the indices giving up their gains. This was followed, mercifully, by Thursday when markets were closed, which was followed unmercifully by Friday, during which the whole schmear came unglued … Read more

Number One Food Items Being Stolen Food Heists 2017-2018

•Number one food heist targets 2017-2018 •Robinhood tales came from Maunder Minimum stealing food from the rich to feed the poor •Crop losses across the Northern hemisphere for 3rd year in a row •Crop losses so great that farmers having difficulty getting financing due to losses •Myanmar mud volcano awakens at Minbu after 150 years … Read more

Global Grain Producers Reduce Exports & E.U Link Tax to Begin

•How corporate media is trying to explain away food inflation across the globe •Global grain producers reduce exports as extreme weather losses mount •Can cultures around the world switch the main daily food staples? •China’s food price inflation causing rumblings in society •Asia bird flu: Culling millions of chickens, geese, ducks and foul •Fish meal … Read more

Socialist Ocasio-Cortez Just Flip-Flopped On Key Issue – This Will INFURIATE Democrats

Newly elected Rep. Alexandria Ocasio-Cortez (D-NY) has apparently come far in her admiration for likely Speaker of the House Nancy Pelosi (D-CA), going from picketing with environmentalists outside Pelosi’s office on her first day in Washington, D.C., to defending the aging Democratic leader against “anti-Pelosi” activists. https://www.youtube.com/watch?v=F6iQRELVvK4 Read More/Source/Credit/FairUse: https://rwnofficial.com/alexandria-oc…      

Charts: Visualizing the Bear Market in FAANG Stocks

via visualcapitalist: The Chart of the Week is a weekly Visual Capitalist feature on Fridays. What goes up, must come down. Over recent years, there hasn’t been a safer bet than big tech – specifically the FAANG stocks, which include Facebook, Apple, Amazon, Netflix, and Google’s parent company Alphabet. But in the financial world, this feeling of euphoria … Read more

Mises Institute: “How a Fragile Euro May Not Survive the Next Crisis”

via mises.org: A big US monetary inflation bang brought the euro into existence. Here’s a prediction: It’s death will occur in response to a different type of US monetary bang — the sudden emergence of a “deflationary interlude.” And this could come sooner than many expect. The explanation of this sphynx-like puzzle starts with Paul Volcker’s … Read more

Will Socialism Trigger the Third, and Greatest, Precious Metals Bull Market?

via resourceworld: One  of  the  most  widely  read financial analysts over the past half-century was the late Richard Russell,  long-time  editor/publisher  of the Dow Theory Letters. One of his most important investing considerations, that major, long-term markets frequently come in three segments, might be important in our current observations relating to gold and silver. A look at … Read more

Imagine a real downturn emerges. The ECB, by insisting on negative rates and QE so long, has opened itself up to having virtually no ammunition left to respond.

https://twitter.com/NorthmanTrader/status/1065903790711279616 https://twitter.com/minefornothing/status/1065973006617456640 Bank of Italy sounds the alarm over banks’ stability https://t.co/qqyGVahW3w — LiveSquawk (@LiveSquawk) November 23, 2018 Oil slump leaves just one European equity sector up in 2018 https://t.co/LPp6TRNKXD pic.twitter.com/iYxLQwXq3C — Bloomberg Markets (@markets) November 23, 2018 Spain CDS soars to YTD highs as budget shows massive inconsistencies -Spain is not too far behind … Read more