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https://www.youtube.com/watch?v=C-KSLtpYv_E Cristina Laila from The Gateway Pundit reports, This is CNN. CNN is the enemy of the American people. On the anniversary of 9-11 attacks where Islamic terrorists hijacked airplanes and flew them into the Twin Towers, the Pentagon and into a field in Pennsylvania killing nearly 3,000 Americans, CNN is attacking ‘right wingers.’ Read … Read more
https://www.youtube.com/watch?v=dOeIDvkTBFY
by Wayne Allyn Root It was another great week for President Trump. And I guess it’s up to me to spread the word. Why do I need to trumpet Trump? Because the President will never get credit for anything he achieves from the biased-liberal, Trump-hating, mainstream media. First, because of President Trump’s tireless achievements, the generic … Read more
by visualcapitalist A decade ago, the music industry was headed for a protracted fade-out. The disruptive effects of peer-to-peer file sharing had slashed music revenues in half, casting serious doubts over the future of the industry. Ringtones provided a brief earnings bump, but it was the growing popularity of premium streaming services that proved to be the … Read more
by Shaun Richards Next week on Thursday we will get the latest policy announcement from the Bank of Japan and it may well be a live meeting. With other central banks acting – and by this I mean easing policy again – there will be pressure on the Bank of Japan to maintain its relative … Read more
By Simon Watkins With the U.S, Russia, and China all jostling for position in Iraq’s oil and gas industry both north and south, Iraq’s oil ministry last week reiterated its desire to have one or more foreign partners in the Mansuriya gas field. Situated in Diyala province, close to the Iran border, Mansuriya is estimated … Read more
At least six people have died as a result of record-breaking rain in south-east Spain over the past two days. More than 1,100 military personnel have been deployed to the regions of Murcia and Valencia to help evacuate thousands to safety after cascades of water submerged roads. Death toll rises as torrential rain and floods … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “They’re Going to Screw Up the Market”: Jim Cramer, on the moment-of-truth effects of the WeWork IPO. Much like the Fed, as some would say, Jim Cramer has a dual mandate: to entertain and to pump up the markets. He is certainly excellent as an entertainer. But this morning on CNBC’s … Read more
Breaking down the socialist policies 2020 Democrats proposed during the presidential debate.
by Charles Hugh-Smith Doing more of what’s failed for ten years will finally fail spectacularly.. It was a huge relief to see the charts of the Baltic Dry Index (BDI) and the U.S. retail sector ETF (RTH): both have soared to the moon, signaling that both the U.S. and global economies are booming: the BDI is … Read more
via crescat: Read This Letter in PDF Form Dear Investors: Recessions become self-fulfilling prophesies late in an economic expansion at a point when people finally start believing and acting like one is imminent. It is particularly true when asset bubbles are present. A huge spike in concerns about the economy as measured by Google Trends analysis … Read more
Commercialized retail also plunged by 13%. Residential is likely next. As they all tend to be strongly correlated. China’s multi-trillion housing market holds the key to its failing growth model. Adding to the mess. Chinese office buildings now falling the most since GFC! Commercialized retail also plunged by 13%. Residential is likely next.As they all … Read more
🍺Two corporations control 90% of the beer Americans drink 🥩 Four players control the entire U.S. beef market 🏦Five banks control about half of the U.S.’s banking assets Americans are increasingly not free to choose: 🍺Two corporations control 90% of the beer Americans drink🥩 Four players control the entire U.S. beef market🏦Five banks control … Read more
'The yield curve's slope signals lower corporate profits ahead.' https://t.co/D0feyLd8qG via @SoberLook pic.twitter.com/40qmqxcCI7 — Jesse Felder (@jessefelder) September 11, 2019 Hedge funds have moved toward defense and lowered overall exposure @BofAML @WallStJesus @HFRinc @FactSet @jpmorgan @SoberLook @QDS_Lion @carlquintanilla pic.twitter.com/b19a57clEP — Liz Ann Sonders (@LizAnnSonders) September 12, 2019
Saudis wanted oil higher. They’ll get it inadvertently. But the global economy isn’t ready to weather a significant oil price surge. The inability of oil to rise this year is in large part due to weak growth (chart in subtweet). An oil price surge will rapidly turn on itself. https://t.co/OJM3LdEQyR — Gaurav Saroliya (@GauravSaroliya) September … Read more
via mishtalk: Kamela Harris is currently in first place in the “Free Stuff” giveaway contest. Never before have so many politicians promised to spend so much. Among some candidates, the 2020 presidential campaign has turned into a contest to see who can offer the most “free stuff.” Will tonight's debate be more of "Free Stuff 2020"? … Read more
Government bond yields recently held above an important level, but the next test may prove dangerous for the stock market. The benchmark 10-year Treasury note yield tested 1.5% in late August and early September, bouncing off that level and most recently trading around 1.8%. That’s the third time the barrier has been broken since the … Read more
The average rate on the 30-year fixed is now 20 basis points higher than it was on Monday and 36 basis points higher than its last low on Sept. 4, according to Mortgage News Daily. That is the biggest short-term jump since the week following the election of President Donald Trump. When rates dipped to … Read more
