A Massive Looming Economic Slowdown? Quants Warn Of “Lehman-Like” Market Crash Conditions In September

A Massive Looming Economic Slowdown? Stanphyl Capital commentary for the month of July 2019, discussing a sign of a massive looming economic slowdown. Friends and Fellow Investors: For July 2019 the fund was down approximately 4.8% net of all fees and expenses. By way of comparison, the S&P 500 was up approximately 1.4% while the Russell … Read more

Dueling Drills: World Powers Are Prepping For Something

via James Corbett: Are you keeping your eye on the news? Have you noticed any worrying patterns lately? Do you get the sense that we’re drifting towards war? And not just another Libya-style “destroy the country and leave” war, but an all-out war war? Don’t worry, you’re not the only one. There have been any number of developments … Read more

Celebrities, royals and politicians brace themselves as court orders release of explosive Jeffrey Epstein files

In Room 270, the records management unit, on the second floor of an imposing granite and marble courthouse in lower Manhattan, 167 documents totaling more than 2,000 pages are being kept under lock and key. But they are about to be unsealed and made public – making a host of important people around the world, … Read more

Heavy-Truck Orders Collapse Stunning 81%. Lowest Since 2010

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Order backlog still feeds truck makers, but they don’t disclose for how long. Orders for Class 8 trucks – the iconic trucks that haul part of the economy’s goods across the country – collapsed by 81% in July compared to July last year, to 9,800 units, the lowest since 2010, according … Read more

The Parallels Are Uncanny: The Decline Of The Roman Empire And The Decline Of America

by Patrick V. from SBTV interviews Charles Hugh Smith SBTV spoke with Charles Hugh Smith, author and the editor of the Of Two Minds blog, about the startling parallels (e.g. debasing of currency, lack of strong leadership, move towards populism, etc.) between the decline of the Roman Empire and America. Discussed in this interview: 07:33 Central banks created financialization as … Read more

Market outlook: is the stock market selloff over?

by Troy Last week we explained why the market’s short term outlook is bearish. The stock market is now making a pullback, and trade war news isn’t helping bulls. Over the past year, tariff-related news has not been good for stocks in the short term. Technicals (short term, next 1-3 months): mixed Technicals (medium term, … Read more

India and Pakistan now Fighting

Pakistan Armed Forces have initiated limited mobilisation and alert levels for the Pakistan Air Force and Pakistan Army, following meeting of JCSC yesterday. Indian Army and Air Force have followed suit.#PakArmy #Kashmir #Article35A #India #IAF #PAF — usama saif (@usamasaif871) August 4, 2019 NEW: Clashes between Pakistan and Indian armies now ongoing at Nakyal sector, Kotli district on Pakistan side … Read more

Bill Maher: 2020 Dems just need to ‘come off less crazy’ than Trump — and ‘they’re blowing it!’

Watch the latest video at foxnews.com “Coming across as unserious people who are going to take away all your money so migrants from Honduras can go to college for free and get a major in ‘America sucks.’” https://www.foxnews.com/entertainment/maher-all-the-2020-dems-have-to-do-is-come-off-less-crazy-than-trump-theyre-blowing-it He’s not wrong. h/t GR

1 of 14 inmates in Nevada are illegal aliens

by Dr. Eowyn Washoe County in the state of Nevada provides “sanctuary” to illegal aliens. Citing a Las Vegas Review-Journal article that requires a subscription to read, John Binder reports for Breitbart that a sizeable number of inmates in Nevada’s prison population — as many as 1-in-14 inmates — are illegal aliens: The illegal-alien inmates number about 1,000. About 200 of those … Read more

WaPo Publishes Gabbard Smear Piece Filled With Blatant Lies

by Caitlin Johnstone The Washington Post, which is wholly owned by a CIA contractor who is reportedly working to control the underlying infrastructure of the global economy, has published a shockingly deceitful smear piece about Democratic presidential candidate Tulsi Gabbard in the wake of her criticisms of her opponent Kamala Harris’ prosecutorial record during the last Democratic debate. The article’s author, … Read more

Trump is Right About Baltimore

by Wayne Allyn Root  Inner city Baltimore is a third world hellhole in the middle of America. It looks like a foreign war zone. It looks like bombed-out Baghdad. In interview after interview, the poor black citizens of Baltimore tell the story. Trump is right. Trump has stirred up a hornet’s nest by telling the truth. … Read more

A Dangerous Sign: Stock Market Indices Are Falling from Record Highs

via marketwatch: Something important happened in the U.S. stock market this week, and whether you’re bullish or bearish, I suggest you watch closely. Full disclosure: We’ve been approaching July from the sell side, and I’ve been transparent about this. In late June, we identified the sell zone; I reiterated it on CNBC July 5, talking about the … Read more

Global Manufacturing Recession Started

via mishtalk: A global manufacturing recession is now a certainty. Trump just made matters worse with a new 10% tariff hike on China. The Markit Global Manufacturing PMI is in the third month of contraction. The downturn in the global manufacturing sector extended into its third consecutive month in July. Production and new order intakes declined further, as … Read more