by Martin Armstrong Vladimir Putin tried to reform Russia’s pensions system which is crumbling as is the case in the West. This giant Ponzi Scheme is collapsing and it has been the heart of Socialism. Putin’s approval rating plummeted this year in the aftermath dropping from 82% in April 2018, dropping to 66% here in October 2018. … Read more
by Martin Armstrong QUESTION: Mr. Armstrong; I can see what you have been arguing about the faulty design of the euro. After the EU rejected Italy’s budget, is there any hope left for Italy? RS, Rome ANSWER: For those who do not follow Europe closely, the European Union took the unprecedented step Tuesday (23rd of Oct) of … Read more
by Chris So the story from yesterday turns out to not be true. Good to know! From Paul’s website: Dear Readers: It is all over the internet and international media that Twitter has suspended my account. This is not the case. I do not use social media. I discovered that a Twitter account was operating … Read more
After the recent market correction there are bargains everywhere. 😂$SPX $SPY pic.twitter.com/r81Jdo3fO6 — Tiho Brkan (@TihoBrkan) October 26, 2018 https://twitter.com/hks55/status/1055848554433073153 Days with 2% drops2004: 02005: 02006: 02007: 112008: 412009: 282010: 102011: 212012: 32013: 22014: 42015: 62016: 52017: 02018: 10 (so far) — Eddy Elfenbein (@EddyElfenbein) October 25, 2018
https://www.youtube.com/watch?v=2Kr2OR2_K1w Jim Hoft for the Gateway Pundit reports, Tom Bevan from Real Clear Politics made an appearance on Varney and Co. on Wednesday. Bevan says there is no sign of a Blue Wave, none at all. Instead he is seeing a shift towards Republicans. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But ballooning inventories point at risks next year. If stock market pundits were hoping for a disappointing GDP print today that would give the Fed second thoughts about its rate-hike path, they didn’t get it. The economy, as measured by GDP, is hopping right along, not at an extraordinary never-before-seen speed, … Read more
Cash is less of a threat to central bank policies when interest rates rise above zero. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Sweden’s Riksbank has become the first central bank in the 21st century to take concrete measures to ensure that cash does not disappear as a means of payment from the financial … Read more
via visualcapitalist: The Chart of the Week is a weekly Visual Capitalist feature on Fridays. Rapid urbanization is one of the major forces shaping our global economic future. A century ago, it was almost unfathomable that any person would want to live in a city with 10 million other people, but by the 1930s, New York City was the … Read more
by Michael Snyder It’s not over. The worst October stock market crash since 2008 got even worse on Friday. The Dow was down another 296 points, the S&P 500 briefly dipped into correction territory, and it was another bloodbath for tech stocks. On Wednesday, I warned that there would be a bounce, and we saw that happen … Read more
by Chris Black First it was “breaking-heart news” about the (former) famous Irish singer Sinead O’Connor converting to Islam. Yeah, the super-star of the nineties, the “Nothing compares 2 you” bald-chick is now a Muslim convert. She also changed her name, in good Islamic tradition. This is to announce that I am proud to … Read more
by Thinker The US dollar is being propped up by a range of unstable quick fixes, which are very rapidly coming undone as more and more countries are ditching the dollar as their reserve currency and preferred currency of trade. It appears to be following the logic of some domino effect – first one, then … Read more
by Jon Rappoport One thing you have to understand about Mr. Zucker. What he does, he does for show. For ratings. If he could get away with claiming Trump met with Putin on the dark side of the moon to concoct a way to beat Hillary Clinton, he would run with it. If he could … Read more
by Tim Staermose The year was 1999. I was working for a small newsletter company with its Asian research offices based in Manila, Philippines. The dotcom boom was in full swing. And, just like today, companies with no profits, burning through hundreds of millions of dollars of investors’ capital in a race to build scale and … Read more
one of the key organizers behind the caravan: Pueblo Sin Fronteras, or “People Without Borders.” And Pueblo Sin Fronteras wants to keep it that way. Some left-leaning publications such as the New York Times have said that “no group has claimed responsibility for organizing [the most recent] caravan,” perhaps in order to stave off claims … Read more
by WARREN MOSLER Looks like without the build in private inventories GDP was about 2% lower at about 1.4%, and health care added .77% where health care premiums paid count as personal consumption. Also, the price index deflator was lower by 1.3%: Bad: Bad: Highlights Lack of available new homes has been holding sales down … Read more
Via The Babylon Bee U.S.—A new study released Thursday found that 100% of notable political events that conflict with your preconceived ideas are false flag conspiracies hatched by the deep state in an effort to control the populace and discredit your political movement. The study found that every single event that causes you to question … Read more
From Vox.com: One evening last May in Knoxville, Tennessee, during the night of the local primary election, Dave Ball, the assistant IT director for Knox County, settled into the Naugahyde chair of his dusty home office and punched away at his desktop computer. Ball’s IT staff had finished a 14-hour day, running dress rehearsals to prepare … Read more
by Bill Bonner YOUGHAL, IRELAND – As expected, the Dow bounced back yesterday. The index was up 400 points. But this morning opened with another downdraft. Maybe the bubble and the pin have found each other. Maybe they haven’t. TBD… Fall Guy Also as expected, the president of the United States is setting the Fed up … Read more
by Thinker Everyone knows how it feels when their favorite team loses the big one, but what if your team hadn’t lost in decades??? What if your team figured out how to win all the time??? A plan that has worked every time its been used…would you keep using it??? The Obama/Clinton administration allowed years … Read more
by Lance Roberts In yesterday’s post, we discussed the importance of the S&P 500 as a leading indicator of recessions in the U.S. “The problem with making an assessment about the state of the economy today, based on current data points, is that these numbers are “best guesses” about the economy currently. However, economic data is subject to … Read more
Is there any cause for concern that HALF of U.S. stocks are in a bear market? Or that doesn’t matter because this time is different? The stock market has been patiently waiting for Amazon and other mega corporations to report their earnings in order to have an excuse to pump the market up further. Oddly, … Read more
https://www.youtube.com/watch?v=9OllF-qZ_h0 Savannah Pointer for the Western Journal reports, Fox News reporter Grif Jenkins was at the southern border of the United States when what appeared to be a raft of would-be illegal immigrants tried to cross the border. Read More/Source/Credit/FairUse: https://www.westernjournal.com/fox-re…
by Kimble Charting CLICK ON CHART TO ENLARGE Could the yield on the 2-year note send important messages about the future direction of stocks? They have in the past and they could again! The top chart looks at the yield on the 2-year note over the past 37-years. When the 2-year yield hit resistance and turned lower … Read more
https://www.youtube.com/watch?v=ubRrVFDsgyc So obvious a Left-wing stunt to demonize the Right. ….typical of the lying scheming Left. JG
