Fed Rate Cut Leaves Confused Experts Wondering “What’s Next?”

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From Birch Gold Group On Wednesday, the Federal Open Market Committee (FOMC) opted to cut rates by 0.25%. This is typically done to spur economic growth, which may have been necessary thanks to a disconcerting part of the Federal Reserve’s statement. In their official statement, after conveying a good feeling about economic growth, inflation, and labor, the … Read more

Is This The End Of The Fed? Surviving The Coming Crisis

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by Ron Paul via Ron Paul Institute with Jeff Harris Yesterday’s Fed rate cut was much too little for President Trump, but moving toward zero or negative rates only hastens the coming economic collapse. Long-time financial management expert Jeff Harris joins today’s Report to discuss what the collapse might look like and what people might do to protect themselves.

Quiet McClellan Oscillator is a Tell For a Top

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by Tom McClellan Quietness is a sign of trader complacency, and thus of a topping condition for prices.  Quietness manifests itself in a variety of ways, and can be measured also in a bunch of different ways.  Most often, chartists will use Average True Range (ATR) to look at what prices are doing. This week’s … Read more

Hottest, Most Expensive Rental Markets Unwind

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But apartment rents in 10 other cities surge 10% to 15%. In the most expensive US markets, apartment rents hit a ceiling some time ago, in some cases four years ago, and have dropped from those highs, as tenants have reached their limit. That this wasn’t a brief fluke, after which … Read more

Dominoes Start To Fall: Seattle Is First Major US City With Annual Home Price Decline Since Crisis

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via Zerohedge: The nationwide housing bust is underway with the first cracks showing up in Seattle-area home prices. The price of a Seattle single-family home in May fell 1.2% YoY, the first negative change in a major US city in this cycle, according to new data from S&P CoreLogic Case-Shiller. “Whether negative YOY rates of change … Read more

How does Trump manipulate the markets?

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by independenttrader Donald Trump’s victory in the presidential election of 2016 was a huge surprise for the establishment. Since 1990s, or at least that’s how I remember, one of two candidates serving the same groups of interest (financial and military sectors) has been elected as the president of the United States. Financial industry benefited from … Read more

“Regulating” Boom and Bust – Mises

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via mises: It was announced earlier this month that Piper Jaffray is buying boutique investment banker Sandler O’Neill & Partners L.P. for $485 million. The Wall Street Journal reported, Sandler O’Neill is a leader in advising small and midsize banks on deals, having been involved in 355 bank mergers since 2010, according to Dealogic. It is an area that … Read more

Trump Trade, Fed Cut, Trump Wins in Court

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Trump hit China with new tariffs this week on $300 billion of goods. His trade negotiation team came back from China without a deal and no deal in site. The tariffs go along with the 25% tariffs already on more than $200 billion in Chinese made goods. They say consumers in America are paying for … Read more

Imports and exports contracting as the global trade collapse continues

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by WARREN MOSLER Deceleration continues- see chart: Highlights How far along the rate-cut path will the Fed go? Maybe a bit further given a middling employment report where an important detail is pointing to big trouble for the next industrial production report. First the headlines as nonfarm payroll rose 164,000 which is actually 13,000 above … Read more

Chinese Auditors Are on the Hook After Clients Are Caught Cooking the Books: “There has long been suspicion that Chinese companies have a tendency to fabricate results when necessary. And that seems to be a well-grounded concern”

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SHANGHAI—An accounting scandal has disrupted dozens of initial public offerings and other fundraising plans in China, intensifying investor concerns about the amount of trust they can place in audited financial results in the country. In recent weeks, a string of Chinese companies have halted financing plans, with many saying the China Securities Regulatory Commission was … Read more

Washington Post Says Because Tulsi Gabbard Spoke The Truth About Syria, She Can’t Be President.

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by WeAreTheResistance This little chicken hawk warmongering POS Josh Rogin dutifully wrote a hit piece on Tulsi claiming her position on Syria was “un-American”. Little Josh here is still rather butt hurt that Tulsi came out and stood up Barack Obama when he was arming terrorists there. Is arming terrorists American Josh? He even has … Read more