Consumer credit, Employment

by WARREN MOSLER Highlights Consumer credit growth slowed more than expected to just $10.9 billion in September, below Econoday’s consensus range and less than half of the upwardly revised $22.9 billion August increase. Growth slowed in nonrevolving credit, which rose $11.2 billion in September versus $18.3 billion previously, while growth in revolving credit stalled completely … Read more

Hilarious How Wall-Street Crybabies Whine about the Fed’s QE Unwind after a Decade of “Wealth Effect”

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Their “Everything Bubble” is being pricked “gradually,” and they don’t like it. Wall Street has been moaning, groaning, and crying out loud about the Fed’s current monetary policies – raising rates and unwinding QE. They fear that these policies will undo the Fed’s handiwork since the onset of QE and zero-interest-rate … Read more

Homebuilder Stocks; Is It 2007 All Over Again?

by Chris Kimble Housing market concerns are bubbling up once again. Remember the 2007 housing bubble? Well this may not end the same way, but it’s definitely worth noting the weakness in the housing sector. Especially the homebuilders (via the Dow Jones Home Construction Index). Take a look at the chart below. Notice the similarities? –  A similar bearish descending … Read more

City of London Just Lost a $240-Billion-a-day Financial Market.

By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The City of London was just dealt its biggest Brexit-related blow following an announcement by American financial markets operator CME Group that it is shifting its European market for short-term financing, the largest in the EU, out of London to Amsterdam. Worried about the dense fog of regulatory … Read more

Guess Who’s Labeled The Biggest Threat To America As Tucker Carlson Gets Mobbed—Civil War?

For More Information See: https://www.newstatesman.com/world/no… https://www.cnn.com/videos/politics/2… https://www.foxnews.com/politics/cnns… https://www.infowars.com/breaking-ant… https://www.thegatewaypundit.com/2018… https://www.infowars.com/breaking-ant… https://www.thegatewaypundit.com/2018… http://nymag.com/intelligencer/2018/07/yes-normal-republican-elites-are-a-threat-to-democracy.html?gtm=bottom&gtm=top https://www.theguardian.com/world/201… https://newrepublic.com/article/14814… https://www.independent.co.uk/news/wo… https://www.breitbart.com/the-media/2…

Hollywood Midterm Endorsements Reveal Dwindling Celebrity Influence

Originally Posted at Free Market Shooter – Authored by Jon Hall Ahead of the 2018 Midterm elections, many Hollywood celebrities threw their hat in the ring to back a particular candidate in hopes of boosting their chances of winning their respective races. For instance, Taylor Swift made headlines last month when she endorsedDemocratic Senator Phil Bredesen in Tennessee’s elections… Bredesen, however … Read more

BREAKING VIDEO: “Broward County BALLOTS STUFFED into NORMAL PEOPLE’S CARS and DRIVEN OFF. THEY ARE TRYING TO STEAL THIS ELECTION. THEY CANNOT GET AWAY WITH THIS.”

https://streamable.com/fdhca “Democrat lawyers are descending on #Florida. They have been very clear they aren’t here to make sure every vote is counted. They are here to change the results of election & #Broward is where they plan to do it.” Long but IMPORTANT THREAT ON ELECTIONS IN #FLORIDA.#BayCounty was hit by a Cat 4 Hurricane … Read more

‘Long time, no see’ is considered offensive language at Colorado State University

Image by iStock/cnythzl From Reason: At Colorado State University (CSU), administrators have designated the common greeting “long time, no see” as non-inclusive language. That’s according to a student, Katrina Leibee, who writes for the campus paper, The Rocky Mountain Collegian. Leibee met with Zahra Al-Saloom, director of diversity and inclusion at CSU, who showed her a list … Read more

The United States is going broke

From Jim Rickards, Editor, The Daily Reckoning: Those who focus on the U.S. national debt (and I’m one of them) keep wondering how long this debt levitation act can go on. The U.S. debt-to-GDP ratio is at the highest level in history (106%), with the exception of the immediate aftermath of the Second World War. At … Read more

Student loan crisis: $1.5t now outstanding, 2nd-most of any consumer-debt segment. And Default rates are rising : >1 in 10 borrowers are at least 90 days delinquent, highest for all household debt segments

via 13d: On a personal level, political and macroeconomic level, there are few questions with more significant implications for Americans. The following article was originally published in “What I Learned This Week” on October 25, 2018. To learn more about 13D’s investment research, please visit our website. On a personal level, on a political and macroeconomic level, … Read more

S&P 500 finds resistance.

S&P 500 finds resistance. $SPX pic.twitter.com/srakFLjXcF — Andrew Thrasher, CMT (@AndrewThrasher) November 8, 2018 https://twitter.com/BobDylansHarp/status/1060508781036163072 Quants are facing a crisis of confidence https://t.co/N117XRxxdV via @markets — Scott (@VolatilityWiz) November 8, 2018 Uh-oh! #Mexico's stock market slumps more than 4% as the incoming government of President Lopez Obrador scraps some bank commissions and fees. Financials down … Read more

SPY The rally no one came to

$SPY The rally no one came to: pic.twitter.com/LuGlrsuKoo — Scott (@VolatilityWiz) November 7, 2018 for reference pic.twitter.com/AsPsZ7KW7g — . (@StockCats_2009) November 8, 2018 https://twitter.com/OccupyWisdom/status/1060318019644203008 Hedge fund redemptions continue to be a risk into yearend and early 2019…. pic.twitter.com/6Sbg2DJx3i — M/1_LP (@MI_Investments) November 8, 2018

Enough with this nonsense by central bankers and their minions… Cost of servicing debt is exploding!

  “As a reminder, about 40% of Russell 2000 companies have floating rate debt that is most likely priced off LIBOR. The ratio for S&P 500 companies is about 25%.” – @pboockvar 3-month LIBOR: pic.twitter.com/9WojiYRwtp — Carl Quintanilla (@carlquintanilla) November 8, 2018 One of the most important charts these days: Cost of servicing US Federal … Read more

Alt-Left Domestic Terror Group ‘Smash Racism’ Chant Death Threats At Home Of Fox News Host Tucker Carlson

by Geoffrey Grider A group of domestic terror protesters congregated outside what they claimed was Fox News host Tucker Carlson’s home in Washington, D.C., on Wednesday night to chant threatening messages. This mob of domestic terrorists travels in packs, they wear masks to conceal their identities, they chant vile obscenities and issue death threats, and they … Read more

10 year landmark study by NIH concludes, cell phones DO cause cancer

https://www.youtube.com/watch?v=2eaVMYq2Wt0 The National Toxicology Program (NTP) concluded there is clear evidence that male rats exposed to high levels of radio frequency radiation (RFR) like that used in 2G and 3G cell phones developed cancerous heart tumors, according to final reports released today. There was also some evidence of tumors in the brain and adrenal gland … Read more

Beta O’ Rourke Spent $20.29 per vote. AND LOST!

His campaign spent nearly $70 Million Dollars, or 20.29 per vote, to lose Texas. That does not include the 20-25 million dollars the outside groups like Planned Parenthood or SEIU spent promoting him, or the value of the active censorship by tech firms, or the incredible amount of free media/ in- kind donations! 6 Billionaires … Read more

Tough on crime: Seattle tells business owner to clean up trash left by homeless or receive a fine

by DCG A homeless RV van that crashed into the West Seattle Health Club, causing $300,000 damage/West Seattle Health Club Facebook photo You gotta hand it to the progressive bureaucrats in Seattle. They have figured out a way to continually get elected by NPC citizens who approve of politicians stealing and abusing their taxpayer dollars. … Read more

First AI newsreader

IN a world first, a Chinese state news agency has created a virtual newsreader that works 24/7 and says whatever it is told to. The AI’s looks are closely modelled on a real news anchor, and its lips are matched to frame each word that is programmed to come out of its mouth. The agency … Read more

Poland – Liberal forbids march for 100th anniversary of Independence on 11 Nov. President cancels her BS makes it official celebration!

Liberal cunt Hanna Gronkiewicz-Waltz, major of Warsaw city forbade Independence march and any patriotic gatherings in Warsaw on 11 November 2018 which is 100th anniversary of Poland’s Independence, 1918-2018. Few hours after her announcement Polish President Andrzej Duda made Independence march and gathering of hundred thousands patriots official National celebration organized by govt and protected … Read more