As of October 31st, the PE multiple compression in 2018 has been the 3rd largest in the past 40 years.

by AlexPitti When you combine +20% earnings growth with a flat market, the multiple compresses. The problem is earnings fall in slowdowns. If those potential negative catalysts end up coming true, stocks will falter because they trade on future estimates, not trailing earnings. The bad news: The determining factor for how stocks do in the … Read more

Yemen Civilians Trapped as Saudi-Led Forces Close In: The US called for an immediate ceasefire last week, but there is no sign the Saudi offensive is slowing down.

by axolotl_peyotl The brief and manufactured outrage against Saudi Arabia that was recently peddled by the Mockingbird MSM has apparently run its course. After distracting the masses with “domestic terror” events and a sham of an election, the collective amnesia of the brainwashed population has set in with a vengeance. Meanwhile, the US figureheads of the … Read more

Lion Air Crash Suspicions: I don’t know about you, but when airliners crash with twenty people from a country’s (Indonesia’s) finance ministry aboard, my suspicion meter goes into the red zone.

by axolotl_peyotl This article offers some high octane speculation for the recent Lion air tragedy, which killed nearly 200 people. Another article on the event notes: At least 23 government officials, four employees of state tin miner PT Timah and three employees of a Timah subsidiary, were on the plane. At this point, this author … Read more

Midterm Election Recap

by Martin Armstrong It looks like we will not have the final number on the MidTerm Elections at least until tomorrow. There are more than a dozen races across multiple states that are too close to call which include contests in Arizona, Florida, and Montana for the U.S. Senate and in Georgia for governor. There is … Read more

NOTHING TO SEE HERE, MOVE ALONG: Strange snafu misroutes domestic US Internet traffic through China Telecom. For two and a half years.

via arstechnica: China Telecom, the large international communications carrier with close ties to the Chinese government, misdirected big chunks of Internet traffic through a roundabout path that threatened the security and integrity of data passing between various providers’ backbones for two and a half years, a security expert said Monday. It remained unclear if the highly … Read more

Nelson calls for recount in FL senate election vs Scott. UPDATE: Nelson hires election lawyer, HRC’s lawyer/dossier go-between

TALLAHASSEE, Fla. (AP) — A bitter and expensive clash between Florida’s Republican Gov. Rick Scott and Democratic Sen. Bill Nelson remains too close to call, despite Scott’s declaration of victory. Nelson has not conceded. His campaign says it’s preparing for a recount and will have observers in every one of the state’s 67 counties to … Read more

Motel 6 Agrees To Pay HUGE Settlement After Getting Sued For Reporting Illegal Guests To ICE

Watch the latest video at foxnews.com According to Fox News: Motel 6 has reportedly agreed to pay up to $7.6 million to settle a class-action lawsuit after the chain was accused of sharing Hispanic guests’ personal information with U.S. Immigration and Customs Enforcement agents. Earlier this year, the chain was sued by former guests who alleged … Read more

Economic indicators testing critical levels!

by Kimble Charting CLICK ON CHART TO ENLARGE The above 2-pack looks at a couple of very important sectors of our economy, Home Builders and U.S. Concrete. Both have been hit very hard this year, declining large percentages. Both have been much weaker than the broad markets. The declines this year have both testing 7-year rising channels at each (1). … Read more

Multiple ‘Oops’ During The Election, a Project Veritas Shocker & What Democrats Plan Next

For More Information See: https://www.thesun.co.uk/news/7677741… https://www.infowars.com/voting-machi… https://twitter.com/FoxNewsResearch/s… https://www.infowars.com/trumps-repub… https://www.infowars.com/illegal-vote… https://www.infowars.com/busted-dem-c… https://youtu.be/veE5-O6wACw https://www.breitbart.com/midterm-ele…  

Startup Boom a “Dangerous, High-Stakes Ponzi Scheme”: Silicon Valley Investor

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “Startups spend almost 40 cents of every VC dollar on Google, Facebook, and Amazon.” Chamath Palihapitiya, CEO of Palo Alto-based Social Capital – a “technology holding company” – and an early Facebook executive responsible for increasing its userbase (he left in 2011 to found Social Capital), has been accused of being outspoken before. … Read more

Fund Manager: Amazon Is Desperate To Generate Sales – Why?

by Dave Kranzler of Investment Research Dynamics I’m already fatigued and disgusted with Christmas promotions. They’re everywhere now, including every other ad on television.   I’ve come to loathe the holiday season because of the extreme materialism and consumerism into which it has degenerated. That said, Wall Street has overlooked or ignored an interesting aspect reflected in Amazon.com’s Q3 … Read more

TSA: Thanksgiving Travel Will Be Unprecedented, Busiest Season On Record Expected

NEW YORK (CBSNewYork) — Travel experts are already predicting the busiest Thanksgiving season at the airport on record. This year’s holiday is also expected to last longer than normal, CBS2’s Natalie Duddridge reported Tuesday. The lineups at LaGuardia Airport are still calm, but in just over a week it will be mobbed. The Transportation Security Administration … Read more

The Election’s Finally Over. Now Things Can Go Back To “Normal”: Rising Interest Rates, Rising Debt, Rising Volatility

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter As contentious as the US midterm elections were, there was never a scenario in which they mattered. Any possible configuration of Republicans and Democrats in the House and Senate would have yielded pretty much the same set of economic policies going forward: Ever-higher debt, upward trending interest rates and (through the … Read more