from Financial Survival Network Danielle Park and I have been discussing the unsustainability of the current bull market in stocks for a long time. It’s been going on for 10 years now, but recently the bull appears to be running out of steam. The FANG stocks may have been de-fanged, so what’s left to drive the market … Read more
These are our best and brightest? Wow! The massive stranglehold that the leftists have had on our nation has really destroyed not just the country but the minds of the people. These people are in college and yet they have a huge problem thinking rationally , using common sense , and understanding the huge impact … Read more
by Martin Armstrong The rising left Antifa movement is a conglomeration of left-wing autonomous, self-styled anti-fascist militant groups in the United States. The principal feature of Antifa groups is their use of direct action, harassing those whom they deem to be fascists, racists and right-wing extremists. They have actually become the very fascists and communists they pretend to object … Read more
by Troy The U.S. stock market rallied today but faced resistance at its 38.2% retracement (38.2% retracement is the minimum requirement for a bounce). Let’s analyze the stock market’s price action by objectively quantifying technical analysis. For the sake of reference, here’s the random probability of the U.S. stock market going up on any given day, week, … Read more
by Frank Holmes, CEO, U.S. Global Investors As the stock market bull potentially nears the end of its run and we head into the last two months of 2018, many investors are making adjustments to their portfolios. Over the course of my travels and in conversations with other industry experts, I’m constantly reminded the importance of: 1) … Read more
by Fabius Maximus Summary: This month’s sharp drop in stock prices has raised fears about the US economy. Are they warranted? Is the expansion “old”? How can we predict the next recession? See the answers you won’t find in the news. The US and global stock markets have fallen, with the usual hysterical headlines (it is … Read more
Democrat Senator Elizabeth ‘Pocahontas’ Warren was stunned during a live debate Tuesday night when she apparently found out for the first time that an ethics complaint was filed against her for her fundraising efforts during the Kavanaugh hearings. https://www.thegatewaypundit.com/2018/10/watch-elizabeth-pocahontas-warren-stunned-when-she-learns-of-ethics-complaint-during-live-debate-video/ h/t Voluntaryist
Wading into the murky world of campus politics, New York City Mayor Bill de Blasio has canceled a talk by conservative provocateur Milo Yiannopoulos at New York University. Yiannopoulos responded by savaging the Democrat mayor. Yiannopoulos was due to speak to a Liberal Studies class on the intersection of Halloween, culture, and politics, but NYU … Read more
by EmployerOfTheMonth Last week in Alphabet’s Q3 earnings call Alphabet provided investors with some updates on Waymo: Ruth Porat, CFO of Alphabet With Waymo, in the third quarter we built on our Early Rider Program, both expanding the group of participants and beginning to test pricing models. And then in terms of Waymo, in the … Read more
by Scorface Lyft is five times cheaper to acquire than Uber. It has 35% of ridesharing marketshare in America and is rapidly growing in Canada—two of Amazon’s biggest market. Currently, no major Western ridesharing platform is profitable. That’s because it takes a ton of costly promotions and subsidies on both the rider and driver sides … Read more
Trade war impact deepens across Asia, but 'real economic shock' yet to hit. Activity slows in South Korea, Indonesia; shrinks in Malaysia. Container & bulk rates are already falling. https://t.co/xihZBds4kr pic.twitter.com/e3st8Bo5vq — Holger Zschaepitz (@Schuldensuehner) November 1, 2018 Global earnings revisions pic.twitter.com/fTQXGNjFDS — Teddy Vallee (@TeddyVallee) November 1, 2018 Hmmm – about that #chinese growth … Read more
by Martin Armstrong On this score, President Tump in his latest claim that he can end birthright citizenship with an executive order is WRONG. On this subject, he is correct that a child born in most countries does NOTmake them a citizen of that country. In most cases, they are a citizen of a parent who is a … Read more
Get out and vote Michigan Vote John James, Get that rich white privileged idiot Debbie Stabmenow out now! https://www.youtube.com/watch?v=0jJjI5beixw h/t Jake
by Martin Armstrong Politicians have totally and completely misunderstood the trends within the global economy and as a result, they are actually creating one of the worst economic debacles in history. I have explained several times that the bulk of investment capital is tied up in two primary sectors – (1) government bonds and (2) … Read more
Austria joins Hungary & USA — WILL NOT sign UN migration pact The Global Compact for Sage, Orderly and Regular Migration was approved in July by all 193 UN member nations with the exception of the United States. The US pulled out last year. Hungary have said they will not sign the final document in … Read more
from Zero Hedge Treasury Secretary Steven Mnuchin is set to steal Timothy Geithner’s achievement of selling a record amount of notes and bonds as he seeks to finance America’s growing budget deficit. According to the latest quarterly refunding statement, the US Treasury is about to sell a record amount of debt, surpassing levels seen both in the aftermath … Read more
WASHINGTON (AFP) – Governments worldwide are stepping up use of online tools, in many cases inspired by China’s model, to suppress dissent and tighten their grip on power, a human rights watchdog study found Thursday. The annual Freedom House study of 65 countries found global internet freedom declined for the eighth consecutive year in 2018, amid … Read more
The people and business on the street are feeling the pain. Raising the rates is not helping the economy it is hurting the everyday person on the street. AutoNation is feeling the pain new car sales are declining because people are rejected the higher prices and the higher interest rates. The Fed says the debt … Read more
by ogordained UNITED STATES Job growth continues to exceed expectations as shown by the ADP Private Employment report (Actual 227 | Expected 187) Cost of Employment is going up, a sign of wage growth The service sector is outpacing goods-producing sectors And despite a wage increase, teachers still lag behind the national growth trend The ISM Manufacturing Index will be reported today … Read more
by Michael Snyder This was an October that many of us will never forget. The month of October is typically the most volatile month of the year for stocks, and that was definitely the case in 2018. It was the worst month for the S&P 500 in 7 years, and it was the worst month for … Read more
by Michael Snyder Americans from the age of 18 to the age of 29 are voting in record numbers in many states that offer early voting. Traditionally, young people have not turned out in high numbers for midterm elections, but that has apparently changed in a major way this time around. In fact, a massive … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter China has a lot of balls in the air at the moment. FocusEconomics asked me and a bunch of other illustrious luminaries, “How and when will the next financial crisis happen?” First things first. A “financial crisis” is somewhat of a latex-term that can be defined in many ways and stretched … Read more
by Mac Slavo of SHTFplan The so-called “Godfather” of market chart analysis said that the damage already done to the stock market is much worse than most people are talking about. Ralph Acampora, a prominent market technician, says the stock market is in bad shape and it’s worse than many Wall Street investors appreciate. “From a technical perspective, the … Read more
The deceptively-named “Federal Reserve” is really a private, foreign-owned, profit-making bank which has complete control over our money supply and credit. It is not a government entity nor is it accountable to anyone in government. In this clip, we hear Greenspan confirm that the Federal Reserve is above the law and accountable to nobody in … Read more
Trump is pushing his immigration plan and is prepared to use an executive order to direct the 14th Amendment not to change it. Austria along with Hungary will not sign the UN migration deal, they are following in the footsteps of the US. The MSM is using an all out attack against Trump and it … Read more