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Jeffrey Epstein Found Injured in NYC Jail Cell After Possible Suicide Attempt: Sources Accused pedophile and wealthy Manhattan financier Jeffrey Epstein was found injured and in a fetal position inside his cell at a New York City jail, according to sources close to the investigation. Epstein, who is being held in Metropolitan Correctional Center during … Read more
by Michael Snyder If the U.S. economy really was “booming”, then corporate earnings would be rising. But that isn’t happening. In fact, we haven’t seen corporate earnings fall like this since the last recession. They fell during the first quarter of this year, and based on the results we have so far, it appears that … Read more
by AlaminsBox Source of data: statista.com Tool used: Photoshop
Economist John Williams is warning of a slowing economy and money printing to try to fix it all—again. Williams warns, “I can tell you why I would buy gold. You are seeing something here that is extraordinarily dangerous. It doesn’t have a happy ending for the traditional markets. . . . Back when the S&P … Read more
by Charles Hugh-Smith That we fall for the fakes and cons is understandable, given that’s all we have left in the public sphere. What do we mean when we say corporate media is fake? We mean it’s a carefully crafted con, a set of narratives, cherry-picked data and heavily massaged statistics (the unemployment rate, etc.) … Read more
via mises: There are many misconceptions about the collateral damages of financial repression. The first one is to believe that Central Banks monitor or react to financial risk accumulation. Policymakers tend to allow excessive risk-taking as a lesser evil side effect in their quest for inflation at any cost (read my paper). If asset valuations … Read more
via mises: Money supply growth fell in June, falling back near March’s growth level, which was at a 12-year (145-month) low. June growth rate was higher than only two other months during this 12-year period: March 2019 and April 2019. In June, year-over-year growth in the money supply was at 1.98 percent. That was up slightly … Read more
by Troy After a big 7 month rally, many investors and traders are expecting a pullback/correction sometime in the next few months. This begs the question: if everyone thinks this way, will they all be right? Today’s headlines: A big 7 month rally. “The stock market today is just like 1998.” Volatility continues to fall. … Read more
by FS With the current U.S. economic expansion hitting record-setting territory, economic anxiety is setting in for some as the Fed eyes a rate cut. Financial Sense Insider spoke with Nick Reece, senior financial analyst at Merk Investments, to discuss his recent chart pack and to get his take on leading economic indicators. Conference Board’s U.S. … Read more
by confoundedinterest17 The Census Bureau reports New Home Sales in June were at a seasonally adjusted annual rate (SAAR) of 646 thousand. That is up 7% over May NHS. That is the good news. Now for the less good news. First, new home sales are up … to pre-1995 levels. That is, pre-house price bubble (orange line). Second, … Read more
This is a quote from page 6 of the Recession Playbook. http://www.mediafire.com/file/5py1d1zrii5rr1a/The_Recession_Playbook.pdf/file They also say that you need to buy into bonds before a recession is officially announced because bonds would have appreciated already by then. Otherwise you are just gonna be selling low (equities) and buying high (bonds). Is it time to increase … Read more
by hammertime84 I took the data from here and made the visualization with plotly.js. An interactive version (you can hover over dots to get info and control the scroll on the right) is here.
by BoMcCready Just a quick graphic showing the 50 most expensive public colleges and universities in the US by average net price. If this topic resonates, it’d be easy to do an interactive version, bring in private colleges, overlay with graduation rates, etc. Tool: Tableau Source: IPEDS
by Wyxuan Oracle is a terrible company. It primarily offers cloud services to various industries for supply chain management, CRM, etc. However, those cloud services aren’t particularly good value, as no sane startup is willing to take on such an expensive and poorly developed tech. GCP, AWS, and Azure are considered much better than Oracle. … Read more
By Chris Puplava, FS As a follow-up to my last article (US Stock Market Showing Tech-Bubble Divergence), further warning signs are continuing to build that give us caution on the outlook for equities. High yield option-adjusted spreads (OAS) are not confirming the new high in the S&P 500 and have worsened over the last three … Read more
Josh Sigurdson talks with former congressman, author, host of the Liberty Report, Dr. Ron Paul about the latest trends as the monetary system collapses under the weight of vast centralization and debt. As Dr. Paul has gone into for many years, all fiat currencies eventually revert to their true value of zero. They always … Read more
https://www.youtube.com/watch?v=egjbkJ8mTFc Democrats expected Russiagate fireworks from former special counsel Robert Mueller’s long-awaited testimony on Capitol Hill, but were once again disappointed, witnessing only the last fizzles of a dying conspiracy theory. Many in the media had massively hyped Mueller’s appearance, believing that his confident and clear testimony would make for must-watch television. Yet, when … Read more
https://www.youtube.com/watch?v=d9Wo9kmA9Qs Big tech is in the crosshairs of the DOJ as the U.S. has opened a review into antitrust practices. Professor Richard Wolff is on hand to break down the case and what the merger and monopolies mean for the tech economy. Plus, the news keeps going down for Deutsche Bank as new reports reveal … Read more
He should be reminded that he is under oath and will be compelled to answer the committee’s questions, or he will be held in contempt of Congress. Why is NO ONE holding his feet to the fire? This is a circus! The Repubs are proving themselves to be the non-opposition to the DemonRats. Nothing will change. … Read more
A high-profile Chinese fugitive — who belongs to President Donald Trump’s exclusive South Florida club, Mar-a-Lago, and has railed against China’s communist government — is accused of being a spy for that very regime, according to new documents filed in a federal court case in New York. Chinese billionaire Guo Wengui, who also goes by … Read more