by Martin Armstrong COMMENT: It really does appear that the IMF is following you and repeating your forecasts. They first said the world economy was booming at the start of the year for the next several years. Now they have revised that forecast and saying we are at risk of a decline. Any comment? HK … Read more
Just weeks before Americans head to the polls to decide the direction of the country, all eyes turn to the political futures of senior DOJ officials Jeff Sessions and Rod Rosenstein; with many inside the GOP and the media calling for their resignations after the high-stakes midterm election. Fox News’ Gregg Jarrett is leading the … Read more
by Mac Slavo of SHTFplan The warnings against tariffs were not heeded by the United States government, and they are now coming to fruition. Ford Motor Company has announced that the Trump Administration’s tariffs on imported Chinese goods and retaliatory tariffs have cost the company $1 billion and they will lay off workers to cover that cost. Trump’s … Read more
by Chris Vermeulen of The Technical Traders Our research team, at http://www.TheTechnicalTraders.com, is alerting our members that the Transportation Index has reached its first level of support near 10,500 and this level may be the start of an extended bottoming formation. If you have been following our research posts, you already know that we predicted this recent downside price swing … Read more
Facebook Just PURGED Over 800 Political Accounts for what they call spamming and inauthentic behavior. Many of those banned are crying foul saying they didn’t break any rules. Some believe this is Facebook purging political content just before the mid terms to prevent “meddling.” Is this a case of censorship or is Facebook actually … Read more
Source: https://www.businessinsider.com/wall-street-wonders-how-tesla-will-pay-off-over-1b-in-debt-coming-due-2018-10 Money is tight and Tesla has some bills coming due: In November the company needs to shell out $230 million for a convertible bond payment. And by the end of the year, it needs to have an additional $920 million in the bank to pay a loan due in March. It also has a … Read more
Treasury Secretary Steven Mnuchin says he isn’t worried about China selling U.S. Treasurys in retaliation over trade. “If they decide they don’t want to hold them, there are other buyers,” he says. Some have speculated that China could hit back at U.S. tariffs by selling a huge chunk of the more than $1 trillion of … Read more
by user4847378942 With the current market dip a lot of people might have gotten a little scared, especially with high equity exposure as probably most of us have. So I just wanted to remind everyone, that even when the market corrects (when that will actually happen, is not really focus of this discussion here), it … Read more
https://twitter.com/jedimarkus77/status/1050820702423699456 It took 7 mths to recover losses from first mini crash in Jan/Feb. In those 7 months, EM has crashed, China trade spat worsened, interest rates are higher, global markets are in correction or bear mkt mode and peak earnings may have already been reached. Ignorance no longer bliss pic.twitter.com/w3Ns6YCl7Y — M/1_LP (@MI_Investments) October … Read more
Short sellers having the time of their year. The Thomson Reuters Most Shorted Stock Index has dropped 19% since Sep. pic.twitter.com/z8jB7y3g5x — Holger Zschaepitz (@Schuldensuehner) October 13, 2018 Stocks could fall 40% to 50% to reach fair value, with recession in first half of 2019: Morgan Street Capital via @MFoxCNBC Investors should brace themselves for a … Read more
by Chris Not sure what to make of this one, besides – crikey! – world markets sure do seem to be one, gigantic, interlocked beast. This shows yesterday’s (Friday 10-12-18) “”market”” action and the amazing correlation between the price of Yen in USD and the SPY (ETF that tracks the S&P 500). When I write … Read more
YouTube/Harry S. Dent Jr., Released on 10/12/18 After dropping almost 1400 points the past two days, what does this trend tell us about the future of the markets? Economist Harry Dent weighs in and tells you what signs do you need to watch out for next.
by Daisy Luther With October begins a consumer frenzy that lasts all the way through the end of the year. For most families, the final quarter of the year isn’t just about good simple fun. It’s all about trying to pay for all the things that society and marketers have led people – especially children … Read more
by Geoffrey Grider Yesterday, ‘Gosnell: The Trial of America’s Greatest Serial Killer’ was released in movie theatres around the country. A movie that the mainstream Liberal media desperately does not want you to watch. Go see it anyway. Back in 2013, we reported to you the horrific and stomach-churning story of abortion doctor Kermit Gosnell. His abortion clinic … Read more
via wral: SAN FRANCISCO — On the same day Facebook announced that it had carried out its biggest purge yet of American accounts peddling disinformation, the company quietly made another revelation: It had removed 66 accounts, pages and apps linked to Russian firms that build facial recognition software for the Russian government. Facebook said Thursday that it … Read more
by TFittonJW Firing on all cylinders this week…Judicial Watch Weekly Update: Background: https://www.judicialwatch.org/press-room/press-releases/federal-court-orders-hearing-in-judicial-watch-case-seeking-testimony-of-hillary-clinton/ https://www.judicialwatch.org/press-room/press-releases/judicial-watch-uncovers-more-classified-material-on-hillary-clintons-unsecure-email-system/ https://www.judicialwatch.org/blog/2018/10/berkeley-teachers-case-to-block-jw-from-getting-antifa-activism-records-entirely-frivolous/ Curious that Mrs. Clinton withdraws her security clearance a week after Judicial Watch sends FOIA request on the issue. Just saying… Curious that Mrs. Clinton withdraws her security clearance a week after @JudicialWatch sends FOIA request on the issue. https://t.co/aZqPqYWbfR … Read more
With market fluctuating up and down many financial pundits say gold is going to rise above 1300. If the price of gold does move up and the central bank has difficulty smacking it down with paper contracts that means the manipulation is coming to an end and the central banks are losing control.The Fed needs … Read more
Fusion GPS author Steele will plead the 5th. The Hill puts up an article of why [RR] must recuse himself. The Senate approved a package for judicial nominees. Obama and the deep state were prepared to if Trump didn’t concede his loss during the election and now they are preparing to take steps if Trump … Read more
by Charles Hugh-Smith Here’s the difference between a recession and a depression: you can’t get blood from a stone, or make an insolvent entity solvent with more debt. There are two basic differences between a recession and a depression: 1. Duration: a recession typically lasts between 6 and 18 months, while a depression drags on … Read more
by Chris Martenson Shutterstock With the recent plunge in the S&P 500 of over 5%, has the long-anticipated (and long-overdue) market correction finally begun? It’s hard to say for certain. But the systemic cracks we’ve been closely monitoring definitely got an awful lot wider this week. After nearly a decade of endless market boosting, manipulation … Read more
by Dr. Eowyn A financially-secure retirement has three nest eggs: Pension, which is rapidly vanishing for many working Americans. Social Security: Although Social Security was never intended to be a retiree’s sole source of income, 35% of Americans over the age of 65 rely almost entirely on Social Security payments. (Accounting Degree Review) Savings: Experts say you should have … Read more
by Bill Bonner BERLIN – We’ve looked at the past: $20 trillion added to the world’s monetary base over the last 20 years… $250 trillion of debt worldwide… U.S. stocks pushed to record highs… We’ve looked at the present: sales, pre-tax earnings, and incomes all going nowhere… sluggish GDP… trade war… $1 trillion deficits… and, over … Read more
by Michael Snyder Nobody can defy the laws of economics forever. Whether it is an individual, a company or the nation as a whole, reality always catches up with everyone eventually. For years, I have been warning that Sears was eventually going to zero, but of course it didn’t happen immediately. Sears CEO Eddie Lampert kept … Read more
by Chris Black Have you ever noticed that it’s only “alternative news” (as in non-establishment) outlets that get deplatformed by social media/payment processors/Internet domain registrars et al for spreading “fake news” and/or “hate speech”, whatever those Orwellian terms mean? And today, just in time for midterms, we got word that social media giants decided to … Read more
