Earnings May Surprise The Stock Market – Watch Out!

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by Chris Vermeulen of The Technical Traders I believe the outcome of the past 6+ months with regards to global trade, currency devaluations, and consumer sentiment will result in weaker US earnings in Q2 than at any time over the past 3+ years.  We believe US stocks, after recently breaching key psychological price levels ($300 SPY and $3000 … Read more

House Presenting Articles of Impeachment for Trump

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On the heals of the successful resolution condemning Trump’s tweets, the Dems are now presenting Articles of Impeachment for “high misdemeanors”. Happened around 7PM Eastern. (Jump to 3:46:15 in the video) Presented by Al Green (D-TX) Full text of resolution here:   Here’s the full text of the resolution: Madam speaker, pursuant to clause 2-a-1 of … Read more

Epstein had Austrian issued passport w/ Saudi address; Claimed to be bounty hunter for African Warlords

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via lawandcrime: Why did the wealthy and connected accused child sex-trafficker Jeffrey Epstein have a fake passport that listed his address as Saudi Arabia? The detail came out on Monday in a federal courtroom, where federal prosecutors said they had been made aware that a safe in Epstein Upper East Side townhouse contained a passport; the passport had a … Read more

Could A Deutsche Bank Collapse Crash The Markets?

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by Dave Kranzler of Investment Research Dynamics “I don’t think it’s any coincidence that gold runs from $1285 to as high as $1445 around the time that all the news about Deutsche Bank started coming out” [the failure to merge with Commerzbank followed by the “good bank / bad bank” split announcement]. Deutsche Bank is being prevented from … Read more

The Rise of Insanity

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by northmantrader Everybody is trampling all over themselves to raise bullish targets. $SPX 3,300, $SPX 3,350, $SPX 3500, do I hear Dow 31,500? Yes I am. The big driver of course the Fed and central banks cutting rates again to save the global economy. And amid all the hype and excitement you see headlines like this: Bullish U.S. … Read more

Is Copper Showing Us Where the Market is Heading?

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By The Phoenix As I keep stating, a top is forming. Stocks are tired after weeks of promises and promotions by Fed officials and the Trump administration that something BIG is coming. At this point there is little if any real buyers. It’s only by multiple interventions per day that the market hasn’t broken down. … Read more

Is the Gang of Four Trying to Start Race Wars?

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by Martin Armstrong U.S. Rep. Alexandria Ocasio-Cortez (D-N.Y.), Rep. Ilhan Omar (D-Minn.), Rep. Ayanna Pressley (D-Mass.), and Rep. Rashida Tlaib (D-Mich.) held a news conference on Monday to respond to President Donald Trump who targeted the women in tweets and comments, which of course people claimed were racist since you cannot attack what they say … Read more

U.S. & Euro Financials Lagging Big Time! Should Stock Bulls Be Concerned?

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by Kimble Charting Historically its been positive to see Financials doing well at the same time the broad market is pushing higher! If financial stocks are lagging bit time, should stock bulls be concerned? This chart compares banks and in the U.S. (XLF) & Europe (EUFN) to the S&P 500 over the past 18-months. Currently, XLF is lagging the S&P by … Read more

“THE BLACKOUT Is Coming” NYC a Warning—Says Former White House Official

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For More Information See: https://www.stevequayle.com/ https://www.foxnews.com/opinion/dougl… https://www.foxnews.com/opinion/doug-… https://www.nytimes.com/2019/07/14/ny… http://www.fox5dc.com/news/local-news… https://nypost.com/2019/07/15/con-ed-… https://www.dhs.gov/sites/default/fil… https://www.washingtonexaminer.com/wa… https://www.washingtonexaminer.com/wa… https://www.politico.com/story/2013/0…    

“Due To A Poor Harvest Season, We Are Experiencing Shortages On Many Of Our Canned Vegetable Items”

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by Michael Snyder I know that this headline is alarming, but it is actually a direct quote from a notice that was recently posted in a Kroger supermarket.  And as you will see below, similar notices are being posted in the canned vegetable sections of Wal-Mart stores nationwide.  I would encourage you to examine the evidence … Read more

Everything’s Fine Until Suddenly it Isn’t: How a “Leveraged Loan” Blows Up

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Kudos to the private equity firm. These things don’t happen overnight for companies. They happen overnight only for investors. Golden Gate Capital – the private equity firm now infamous for asset-stripping its portfolio company Payless ShoeSource into bankruptcy and liquidation – strikes again with another of its portfolio companies, Clover Technologies, whose $693-million … Read more

Mapping Out the ‘Filthy Rich’ In Each State

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by howmuch The U.S. is a nation of millionaires and billionaires. Among its population of 323 million people, there are 607 billionaires and 11.8 million individuals with a net worth of at least $1 million. This translates to roughly 3.65% of the country. So who has the most money? That’s the topic of our latest visualization, which highlights … Read more

Illiquidity Traps Lurking In The Leveraged Loan Market: The Sudden Cliff Dive Of Clover Technologies

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Until July 9. Clover disclosed that day it had lost two key customers and hired advisers to study its options. The price of its loan quickly plummeted from 97 cents to around 65 cents, which put it in the distressed category. https://www.bloomberg.com/news/articles/2019-07-16/a-leveraged-loan-collapses-and-reveals-key-risk-in-credit-market?srnd=premium

Trucking Bloodbath: 2,500 Truckers Have Lost Their Jobs So Far In 2019

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This article was written by Mac Slavo and originally published at SHTFplan.com The trucking industry is experiencing a “bloodbath.” So far in 2019, at least 2,500 truckers have lost their jobs as companies go bankrupt as a major recession indicator keeps going negative. According to Yahoo, six trucking companies have completely folded in 2019 and hat has left more … Read more

MANIAS DIE HARD: EVERY time we’ve reached this level in history, a recession followed shortly thereafter.

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by Jim Quinn EVERY time we’ve reached this level in history, a recession followed shortly thereafter. We have already experienced the longest economic expansion in history. We will enter this next recession with the highest level of debt in history and a Fed with very few bullets left in their gun. So now must be … Read more