Bubbles, Balloons, Needles and Pins

by Raúl Ilargi Meijer M. C. Escher Meeting (Encounter) 1940  It’s no surprise that China has its own plunge protection team -but why were they so late?-, nor that Beijing blames its problems on Trump’s tariffs. GDP growth was disappointing at 6.5%, but who’s ever believed those almost always dead on numbers? It would be way more … Read more

History’s Longest Bull Market About to Crash?

by monkeysinthesky David Rosenberg thinks this bull market is a sham. In his Wednesday interview with CNBC’s “Trading Nation,” he warned that this record-breaking bull market (it’s the longest in history as of August) paired with the weakest economic expansion of all time has only been possible thanks to the flood of cheap money from central banks. … Read more

The party is over — all those poor millennials who bought overpriced homes

the party is over — all those poor millennials who bought overpriced homes https://t.co/PdiQ4GkuFX — Alastair (@StockBoardAsset) October 19, 2018 https://twitter.com/atlewillems/status/1053032198620766209 via CNBC: The amount of home equity that consumers are sitting on has been rising steadily since it hovered at around $6 trillion from 2009 through 2011. Homeowners who are considering turning to a … Read more

When did the New Yorker join the alt-right?

DISPATCHES FROM THE “IT’S DIFFERENT WHEN WE DO IT” PARTY: ● Shot: The Daily Dot asks, What are NPCs, the popular new far-right meme? ● Chaser: An article on the right-leaning Sinclair Broadcast Group in an upcoming issue of the New Yorker and their promotional tweet: When did the New Yorker join the alt-right? Related: Why the NPC Meme Crashed Twitter (Video). Saul Alinsky smiles. h/t ED

Rents for U.S. Homes Drop for First Time Since 2012; Existing Home Sales Drop For 7th Straight Month

via Bloomberg: Renters finally have reason to rejoice: their housing costs dropped last month for the first time in six years. The median rent for apartments, single-family homes and other residences across the U.S. was $1,440 in September, down 0.2 percent from a year earlier and the first year-over-year decline since July 2012, according to … Read more

We are all in this together

we are all in this together pic.twitter.com/1bc62apY0y — Alastair (@StockBoardAsset) October 18, 2018 Who cares about $TRAN anway pic.twitter.com/QAt5hGNSUW — mcm-ct.com (@mcm_ct) October 19, 2018 This scenario is still on the table pic.twitter.com/XXxI1alc06 — mcm-ct.com (@mcm_ct) October 19, 2018

The “”Market”” Pattern – This is eerily similar to 2007. Whenever the cash “”market”” sold off the day prior, and the equity futures would begin climbing the minute the cash market closed, then the next day was a rally day.

by Chris I see this as obvious attempts by TPTB to blunt any selling and maybe even ignite the “animal spirits” (an odd thing to call software programs internal parameter settings, but there you have it) to  get things moving in the “right” direction again, which is up naturally. Coming out with instant headlines to … Read more

CNN says Canada’s legalization of marijuana could hurt farmers in poorer countries. Anti-Cannabis agenda from CNN?

Original Article Archived: https://web.archive.org/web/20181018235459/https://www.cnn.com/2018/10/17/world/cannabis-developing-countries-intl/index.html Canada’s Recent legalization of Cannabis seems to have caused a small outcry via CNN. With claims that Canada’s legalization is hurting poor cannabis farmers in other countries. But don’t those farmers in poorer countries supply the cartels? Baffling logic from CNN. Is this a paid article from a government or cartel? Why … Read more

‘Tornado Alley Zone’ may be shifting to the east

The country’s Tornado Alley — a twister-heavy area typically associated with the Great Plains– is now shifting eastward, an alarming new study found. More and more tornadoes have been popping up in Mississippi, Arkansas, Tennessee, Louisiana, Alabama, Kentucky, Missouri, Illinois, Indiana, Wisconsin, Iowa and parts of Ohio and Michigan, according to the study, published Wednesday … Read more

Does anyone realize that there is currently a globalized movement to ban memes?

by Prison4SideofBeef The jealous girlfriend meme was recently condemned in Sweden for being sexist. http://archive.is/sbBNF Hillary Clinton gave a famous speech in 2016 where she asked why she wasn’t 50 points ahead and then blamed people who posted Pepe memes for her placement in the polls. Pepe is currently considered a white supremacist racist symbol, … Read more

Senator Rand Paul: “Soros paid protester arrested. Same group operates inside congressional office buildings. Are democrats paying to incite violence?”

Watch the latest video at foxnews.com The liberal group American Bridge 21st Century announced Wednesday night that it had fired one of its operatives a day after he was arrested and accused of battery against the female campaign manager for Nevada GOP gubernatorial candidate Adam Laxalt. In a statement, American Bridge said that Mike Stark … Read more

Why Democrats Love to Spy On Americans

by Martin Armstrong Michael Hastings was the journalist exposing the surveillance state. Hastings wrote about the investigation of reporters by the U.S. Department of Justice back in 2013. He said that the restrictions on the freedom of the press by the Obama administration were a “war” on journalism.  He wrote his last story before he died … Read more

China & the Hidden Debt Crisis in the Provinces

by Martin Armstrong The Sovereign Debt Crisis in China among the provisional governments is alive and well. The off-balance sheet government liabilities in the regions amounted to an estimated 40 trillion yuan which is almost $6 trillion. Some are calling this a “gigantic credit risk” which is a hidden liability. This represents 60% of  GDP … Read more

Fund Manager: Financial Collapse Is Not A Question Of “If” But A Question Of “When”

by Dave Kranzler of Investment Research Dynamics “’DON’T PANIC!!!!’ Just 6.9% off of the most offensive valuation extreme in history.” – Tweet from John Hussman, Hussman Funds The above quote from John Hussman was a shot at the financial media, which was freaking out over the sell-off in the stock market on Wednesday and Thursday last week. As stock … Read more

430% Property Tax Hike Drives ‘Black Panther’ Leader’s Chicago Home Into Foreclosure; Democrat Midterm Strategy: Tax Hike Plan Released

via westcooknews: Cook County says the Maywood boyhood home of Illinois Black Panther Party leader Fred Hampton is worth $141,920. Its tax bill: $8,430, or an effective property tax rate of about six percent. Property tax rates that high– more than five times the national average– have become standard in inner-ring Chicago suburbs like Maywood. But … Read more

Facebook Censors Guardian Columnist

https://www.youtube.com/watch?v=Ho8dtSOWKA8 Anya Parampil reports on yet another case of Facebook censorship after the social-media giant removed a video produced by Double Down News, featuring Guardian columnist George Monbiot discussing the crimes of Christopher Columbus and the British Empire. Former UK MP George Galloway joins Anya to tell us what he thinks is driving this crackdown … Read more

Cannabis sales top $660,000 on Day 1 in NS; Retailers warn of lingering supply shortage, Demand Far Greater than Expected.

Holy smokes, Nova Scotia. Cannabis sales top $660,000 on Day 1 HALIFAX—Nova Scotians who lined up outside the province’s only legal pot purveyor on the first day of legalization Wednesday purchased more than $660,000 worth of product. Nova Scotia Liquor Corporation spokesperson Beverley Ware said from Wednesday’s 10 a.m. opening at its 12 cannabis retail locations across Nova Scotia … Read more