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Retail Bankruptcies Rise, Store Closures Skyrocket in 2019 – WSJ The pace of retail bankruptcies and store closures in the U.S. has accelerated so far this year compared with 2018, due in part to last year’s lackluster holiday shopping season, a new report finds. Trump’s Approval on the Economy Slides as Recession Fears … Read more
via CNBC: DoubleLine Capital’s Jeffrey Sherman tells CNBC that August’s exodus into long-term Treasurys could be “overdone” and cautioned investors from the momentum trade. Sherman, who serves as DoubleLine’s deputy chief investment officer, says gold makes a more compelling recession play. Do you want to incur that “interest rate risk for buying what has been … Read more
via Zerohedge: Just hours after China, as a gesture of goodwill, waived tariffs on 16 types of US goods in a clear attempt to get on Trump’s good side and “sweeten” trade talks, a move which clearly was not lost on the US president, moments ago Trump said he was delaying a 5% increase in tariffs on … Read more
via mediaite: The blue wave in 2018 was undeniable (by everyone, seemingly, except President Donald Trump. Democrats gained 41 seats in the House and lost just two in the Senate — despite facing an overwhelmingly unfavorable map. But with the presidential candidates in the spotlight, the Democratic party’s approval numbers appear to be taking a bit of … Read more
via The Washington Post: Your best friend may not know when you last had sex, but it’s possible that Facebook does. At least two menstruation-tracking apps, Maya and MIA Fem, were sharing intimate details of users’ sexual health with Facebook and other entities, according to a new report from Britain-based privacy watchdog Privacy International. In some cases, … Read more
Incredible progress being made at the Southern Border! pic.twitter.com/xcqxKEkfGD — Donald J. Trump (@realDonaldTrump) September 10, 2019 I think this chart is showing the effectiveness of two things. The deal with Mexico. He basically forced them to stop illegal aliens coming up from Central America through Mexico. Mexico had previously been letting Central Americans freely … Read more
via MarketWatch: On a recent weeknight, Dahlia and Adam Brown came home to a spacious Colonial on a quiet cul-de-sac in Marietta, Georgia. The Browns both work demanding jobs and have two young sons. They bought the house in June using Knock, a company that’s trying to revolutionize the real estate industry with a “home … Read more
via townhall: The CIA rarely rebukes a media report, but the agency made an exception for CNN this week. The network recently claimed that two years ago the U.S. pulled an American spy out of Russia. The sources they chose to rely on were “multiple Trump administration officials with direct knowledge told CNN” and “a person.” … Read more
Authored by Mac Slavo via SHTFplan.com, Preparing for an EMP (electromagnetic pulse) has not been on the radar for many of us lately. As we focus on our financial prepping for the next inevitable economic downturn, it is often easy to forget that a few other threats still loom. Because of that, I’ve put together this … Read more
via Twitter: Deep State: If you are conservative, you can do no right. If you are socialist, you can do no wrong. AC
by kummybears One employee at a US consulate allowed 12 of the 19 9/11 hijackers to enter the United States. She made one of the biggest mistakes in American security history, yet she has since been promoted. Was she told to grant visas to potential terrorists? July 1, 2000: Consular Official Who Issues 9/11 Hijackers … Read more
by Joe Guzzardi Shortly after the Bureau of Labor Statistics released its August report which showed that the economy had created a middling 130,000 new jobs, the White House issued an effusive statement. Pointing to record low unemployment rates for black Americans, 5.5 percent, and for Hispanics, 4.2 percent, the White House report written by the Council of Economic Advisors … Read more
via Walter E. Williams Just when we thought colleges could not spout loonier ideas, we have a new one from American University. They hired a professor to teach other professors to grade students based on their “labor” rather than their writing ability. The professor that American University hired to teach that nonsense is Asao B. Inoue, … Read more
Economist John Williams says the Fed is still not in President Trump’s corner when it comes to the economy. Williams contends, “The Fed was working against him (President Trump) on the economy, and they still are. Their primary concern is the banking system, and that certainly has to be supported, but when you have … Read more
by Martin Armstrong QUESTION: When I saw your blog saying 2019 will be really crazy and chaotic year for Japan (Feb 2019), I was curious how bad it could be. It is always amazing to see how you and your Socrates turning point manifest in the real world. I was astonished when Japan restricted exports … Read more
by Martin Armstrong The primary issue that the elite has utterly failed to understand is that there was a sense of hope when Obama was elected president. People believed that as the first black president, he could really change everything. What everyone discovered was that Obama was a career politician. It does not matter what … Read more
by Martin Armstrong Despite all the global warming advocates, the air conditioner manufacturer Lenox came in well below Wall Street’s expectations, which were based on the claims running around that have now reached the level of a religion. Their earnings fell by about 9%. The CEO came out and made a statement with respect to … Read more
via spectator: This is one of the most crucial weeks in modern British history. We have a prime minister and cabinet who understand the stakes in terms of our future independence. But the forces fighting them — some of them sincere, many of them cynical — are fearsome. There are risks in proceeding with Brexit. But … Read more
