From the reuters source: The banks being sued are: Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, Morgan Stanley, Japan’s MUFG Bank, Royal Bank of Canada, Royal Bank of Scotland, Societe Generale, Standard Chartered and UBS. … The plaintiffs in Wednesday’s lawsuit accused the banks of violating U.S. … Read more
An unprecedented joint “international grand committee” of members of the U.K. and Canadian Parliaments investigating disinformation and online election influence campaigns has expanded to include Argentina, Australia and Ireland, according to a letter sent by elected leaders to Facebook CEO Mark Zuckerberg. The social media baron was invited last week by British and Canadian officials to attend … Read more
by ogordained UNITED STATES The market sprung 2% following the midterm elections with the VIX deeply dropping off Healthcare stocks may benefit with Democrats in control of the House and Medicaid expanding in Idaho, Nebraska, and Utah The 10-year treasury yield is back up near multiyear highs New mortgage applications have continued their downward spiral Expect a pullback this morning, futures are down … Read more
Jim Hoft for the Gateway Pundit reports, Third caravan of illegal aliens marched through the hills of and rivers of Central America on its way to the US southern border This frightening video was released this past weekend. https://www.youtube.com/watch?v=kazmga-20GE Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
Do you think that debt is a problem in the U.S. in general? There is a very serious problem in the U.S. today. One which is constantly ignored. Even as the Financial Crisis nearly wiped out all of the banks and investment institutions, everyone turned a blind eye to the one underlying cause: DEBT. Debt … Read more
by Graham Summers of Gains, Pains & Capital Inflation is here and it’s BAD. You see, inflation enters the economy in stages. It’s not as though the Fed begins to print money and POOF! inflation appears. It takes time. The first stage occurs in the manufacturing/ production segment of the economy when you see producers suddenly paying more for … Read more
It’s the first eight minutes: A mob of Antifa protesters is currently outside the DC-area home of Fox News personality Tucker Carlson A mob of Antifa protesters is currently outside the DC-area home of Fox News personality Tucker Carlson. The group is threatening Carlson and demanding that he leave town, saying that “tonight, we remind … Read more
by Martin Armstrong The Bundesbank has come out warning that there is a German pension crisis. They have proposed that states raise the pension tax and that they should gradually increase the retirement age because the life expectancy in the future has risen. Central Bank President, Jens Weidmann, has stated that he is generally in favor of raising … Read more
by Shaun Richards The UK university system is facing trouble on more than a few fronts. Some are struggling full stop as we note talk that they will not be bailed out. That comes on top of the issue of student loans and debt which makes me wonder how useful a degree is these days? … Read more
Watch the latest video at foxnews.com Supreme Court Justice Ruth Bader Ginsburg was hospitalized Thursday after fracturing three ribs on her left side in a fall at her office a day earlier, the court said in a news release. Ginsburg, 85, initially went home after the accident, which occurred in her Supreme Court office. But … Read more
by Troy It seems like just yesterday when everybody on CNBC was saying “here’s why the stock market could crash like 1987”. With that being said, the S&P has made a perfect 61.8% retracement of its current correction. We predicted over the past 2 weeks: Even if this is the start of a bear market, the … Read more
President Trump has become the most accessible president in recent history, and his freewheeling post-election press conference Wednesday was the latest proof. Dispelling on live television that he hides from the press, Trump took 68 questions from 35 reporters. And if the failed follow-up questions are included, the number soars closer to 90. How does … Read more
U.S. oil production jumped to 11.6 million barrels a day last week, a fact that will not be lost on OPEC and its partner Russia when they meet over the weekend. An OPEC and non OPEC committee meets in Abu Dhabi and while ministers will not take action they could recommend a cut in production. … Read more
by howmuch How should we think about corruption as it relates to economic growth? Some people argue that corruption helps to “grease the wheels” of an economy, overcoming bureaucratic obstacles to getting things done. Others see corruption as an inherent problem for economic growth because it increases the cost of doing business. We’ll let you … Read more
by GoldCore In today’s update we look at yet another ‘Punch and Judy’ American election farce which once again ignored the ‘Elephant in the room’ – the inevitable U.S. $121.7 trillion debt crisis and the coming global $250 trillion debt crisis. We briefly look at the outcome of the elections, how markets have reacted in … Read more
“The two face off for a few seconds, until Montelongo raises his weapon and fires, striking the trooper in the arm. Troopers returned fire, mortally wounding him.” https://www.mysanantonio.com/news/local/crime/article/DPS-aerial-footage-shows-deadly-shootout-between-13203123.php h/t Mccruise
The Democrats do not have an immediate plan. There will be no consequence. Nancy Pelosi makes a speech following the Midterm Election. It’s even worse than we thought. The Democrats’ agenda is painfully clear, keeping waltzing rightwards in lockstep with the Republicans while shouting, “Join the McResistance.” JK
00:39:56 Sara Carter: “I’ve also been hearing that indictments may be around the corner so there’s a lot more information that’s going to come out in the near future.” Hannity: “If I was Hillary – if I was some of these top DOJ officials, I think I’d be very nervous tonight about what could … Read more
from Zero Hedge At least 13 people, including a sheriff’s deputy and the suspected shooter, have been killed, while multiple others were injured during a shooting at the country western dance hall Borderline Bar & Grill in Thousand Oaks, Calif. The bar was holding a “College Country” night event when the shooter reportedly stormed the entrance, … Read more
by Michael Snyder Well, that escalated quickly. On Wednesday, President Trump fired Attorney General Jeff Sessions, and by the end of the day major leftist organizations had already put together protests in 900 U.S. cities to make a “public demand for action to correct this injustice”. It truly is amazing how rapidly these groups were … Read more
by Michael Snyder It is difficult not to admire the relentless optimism on Wall Street. A divided Congress is going to guarantee two years of gridlock and political turmoil in Washington, but many in the financial community are choosing to interpret the election results as a positive sign. They remember the “gridlock” during the Obama years, … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Consumer debt – or euphemistically, consumer “credit” – jumped 4.9% in the third quarter compared to the third quarter last year, or by $182 billion, to almost, but no cigar, $4 trillion, or more precisely $3.93 trillion (not seasonally adjusted), according to the Federal Reserve this afternoon. As befits the stalwart American consumers, … Read more
David Corn for Mother Jones reports, With the Democrats having won control of the House of Representatives, President Donald Trump and his crew in the White House and assorted federal agencies can expect to be hit by a wave of investigations and subpoena requests from Capitol Hill. https://www.youtube.com/watch?v=WQhHDRUhF-M Read More/Source/Credit/FairUse: https://www.motherjones.com/politics/…
Authored by Brandon Smith via Alt-Market.com, Over the past few weeks I received numerous requests from readers to publish my predictions on the outcome of the midterm elections, but I did not do so for a couple of reasons. First and foremost, I view the election process very differently from many people. I do not … Read more