The Left Is Organizing “Response Events” In 900 U.S. Cities On Thursday To Protest The Firing Of Jeff Sessions

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

Wall Street Seems To Believe That Endless Gridlock And Political Turmoil Will Be Good For America

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

Consumers Are Being Lackadaisical Again With Their Plastic

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

Here’s the 14 Trump Scandals Democrats ARE About To Investigate

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/…  

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

The clown show begins!

JEFF SESSIONS HAS RESIGNED. Democrat Rep. Jerrold Nadler is demanding an investigation, which is funny because just last year he was saying this: The clown show begins! h/t GR

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