Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Despite repeated speeches to the contrary. As of September 30, total assets on the Bank of Japan’s elephantine balance sheet dropped by ¥5.4 trillion ($33 billion) from a month earlier, to ¥537 trillion ($4.87 trillion). It was the fourth month-over-month decline in a series that started in December. This chart shows the … Read more
by Michael Snyder Everyone agrees that America is not the same place that it once was. Our society is undergoing a fundamental transformation that is absolutely breathtaking, and some of the changes have been positive. But many would argue that most of the changes have been negative, and the truth is that we can see … Read more
by Michael Snyder The mood of the mainstream media is really starting to shift dramatically. At one time they seemed determined to convince all of us that happy days were here again for the U.S. economy, but now some mainstream news outlets are openly warning that the next recession will be “worse than the Great … Read more
by Chris Kimble CLICK ON CHART TO ENLARGE This chart compares the relative strength of Stocks to bonds by creating the S&P 500/10-Year yield ratio (SPX/TNX) on a monthly basis, since the mid-1970’s. The stock/bond ratio’s trend has been up for the past 34-years, following a resistance breakout in the early 1980’s. Nothing of late has … Read more
Ron Paul warns that the stock market will drop by 50% and there is no way to stop it. John Williams of Shadowstats is reporting that the Fed is killing the economy. Major warnings coming from the IMF, BIS and the MSM that we are headed towards a recession or a depression. Why would they … Read more
Bounced off the cycle posted earlier today on weekly $spx chart…next test likely breaks it…but this is an important price level as well as having a lot few x-ticks in the area pic.twitter.com/CigWvv1EmQ — mcm-ct.com (@mcm_ct) October 8, 2018 Advance/Decline pattern starting to look like 2007's peak? A/D attempting to break 2-year support at (1). … Read more
by syc27 This is a bit dated (written before last week’s bond market sell-off), but has anyone read Victor Sperandeo’s piece on how commercial banks (CB) can buy potentially unlimited amount of treasury bonds? I wasn’t sure what to make of this. Now, remember The Gamboni and the house rules, which are different from normal poker … Read more
https://www.youtube.com/watch?v=lklByF-AzPw Video of Antifa directing traffic in Portland the middle of the road, while police watch.
Salina Zito: Darcelle Slappy says Democrats and Republicans who live in places like this part of Western Pennsylvania are a lot closer than how they’re portrayed on TV. “Unlike Washington, we are all just a few notches from each other in either direction. We have much more that draws us together than divides us,” Slappy … Read more
The pilot and the Deputy prosecutor-general Saak Karapetyan, had both accidentally shot themselves multiple times. Another tragic accident in Northeast Moscow. Deputy prosecutor-general Saak Karapetyan, 58, died in a helicopter crash Helicopter crashed northeast of Moscow, killing him and three others Karapetyan linked to Russian lawyer’s efforts to to overturn anti-corruption laws Natalia … Read more
by Dave Kranzler of Investment Research Dynamics The Denver Post published an article last week titled, “Major cold front slams Denver housing market in September” (note, weather-wise, September was one of the warmest and driest in many years). Single-family home sales in September plunged 30.5% from August and 21.7% from September 2017. Condo sales fell off a cliff, dropping 43% … Read more
It costs 55–60% more to manufacture a car in the US than it does to produce the same car in China. Listen on Driverless Electric Radio… http://www.driverlesselectric.com/2018/10/08/tesla-speeding-up-chinese-factory-due-to-trump-trade-war/ https://techcrunch.com/2018/10/02/tesla-plans-rapid-build-out-of-china-factory-as-tariffs-weigh-down-automaker/ h/t Matrix
HUGE Soros find: Docs show Soros operation and State Dept working hand in glove (with your tax dollars). @JudicialWatch does the heavy lifting in court to get answers…https://t.co/IVIT7185tD pic.twitter.com/luM0TDWno0 — Tom Fitton (@TomFitton) October 8, 2018
Google is closing its troubled Google Plus social network following the discovery of a software glitch this past spring that may have exposed user information of up to 500,000 customers between 20015 and 2018, the company said Monday. Ben Smith, Google’s vice president of engineering, confirmed in a blog post the company had detected a … Read more
via CNN: The unprecedented denial of a visa to a Financial Times journalist “sends a chilling message to everyone in Hong Kong,” the paper said Sunday, as press groups and politicians in the city continued to denounce the move. Asia news editor Victor Mallet was informed Friday that his visa renewal — usually a procedural … Read more
Even though it remains a national holiday, many cities no longer celebrate Columbus Day. They celebrate Indigenous Peoples Day instead. What’s behind the switch? Contrary to what you might think, it’s not about paying homage to America’s original inhabitants. Steven Crowder, host of Louder with Crowder, explains.
“The vast majority of political contributions from Apple employees are directed to liberal candidates or Democratic Party-aligned organizations, according to a report released Thursday amid growing Republican concern over anti-conservative bias. From 2014 through 2018, some 91 percent of overall donations from the Cupertino, Calif.-based company’s employees went to Democrats, research firm GovPredict found. Nearly … Read more
Watch the latest video at foxnews.com California Democratic Rep. Maxine Waters is facing a new complaint about an obscure fundraising tactic that rakes in thousands from state politicians in exchange for being listed on her slate mailers — this time, involving supporters of a former Los Angeles mayor defeated in the June gubernatorial primary. The … Read more
The owner Shahed Hussain of the limousine that crashed in Schoharie, killing 18 people on board and two pedestrians is a former #FBI informant who testified in two high-profile #terrorism cases, a state official confirmed Monday. https://m.timesunion.com/news/article/FBI-informant-in-terror-stings-owned-limo-in-13290392.php https://nypost.com/2018/10/08/owner-of-limo-company-in-horrific-crash-was-an-fbi-informant/ https://www.news10.com/news/local-news/limo-in-deadly-crash-had-failed-inspection-driver-did-not-have-proper-license-says-gov-cuomo/1507355307 The latest here on the Schoharie crash: -Limo failed inspections -Driver did not have the “appropriate” license -Limo … Read more
via businessinsider: “Prosecutors said she was raped, then beaten and suffocated. Marinova had been investigating an alleged corruption case involving EU funds. Bulgaria’s interior minister said there was no evidence to suggest that her death was linked to her work as a journalist. But European officials are urging Bulgaria to conduct a fast investigation into the … Read more
Like Ana Maria Archila, co-executive director of the Center for Popular Democracy (CPD), the screeching girl who cornered Sen. Jeff Flake (R-Ariz.) in that Senate elevator last week. You may already know that Archila makes a big salary, but did you know about the other seven CPD big-wigs who are making annual total compensation that … Read more
From Birch Gold Group This week, Your News to Know brings you the latest stories involving precious metals and the overall economy. Stories include: Central bank gold buying is at highest since 2012, U.S. Mint reports most gold and silver coins sold since January, and Poland makes its biggest gold purchase since 1998. Central bank gold buying is … Read more
via CNBC The recent spike in the 10-year Treasury yield probably won’t continue for much longer, BlackRock global fixed-income CIO Rick Rieder told CNBC on Monday. Rieder, who oversees about $1.85 trillion in bond assets for the world’s largest money manager, also predicted that the Federal Reserve was getting near the end of raising interest rates. Overall, BlackRock has $6.3 trillion in assets … Read more
Via The Raconteur Report Politico “After failing to stop Kavanaugh’s confirmation, Democrats wonder if it’s time to be more ruthless.” Yes, the Left is really that fucktarded. Because falsely accusing an innocent man of sexual battery, rape, and then gang rape wasn’t going far enough. Sending death threats to the man and to senators wasn’t going far enough. Doxxing … Read more
