When Everything from Bat Guano to Quatloos Is Soaring, Speculative Euphoria Has Reached an Extreme

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by Charles Hugh-Smith The more extreme the speculative euphoria, the greater the risks of a reversal. One sentence sums up the speculative euphoria gripping markets: January and June of this year are the only months in the last 150 which have seen all assets post a positive total return. (Zero Hedge) When every asset from bat guano … Read more

The Large Earthquakes That We Just Witnessed Should Be Taken As A Warning By Everyone Still Living In California

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by Michael Snyder For years, scientists have been warning us that the San Andreas fault is “locked and loaded” and could potentially “unzip all at once”.  Of course the two large earthquakes that we just witnessed in southern California were not along the San Andreas fault, and we should be extremely thankful for that.  Because they happened in … Read more

Gregory Mannarino – Gigantic Wealth Transfer Coming… More Debt = More Power for Central Banks

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Greg Mannarino, founder of TradersChoice.net, says the only thing you can count on in this economy is more debt being created. Mannarino says, “World central banks’ power exists in one thing, and that is their ability to issue debt. The more debt they issue, the stronger they become. So, they are loving this.” Mannarino says … Read more

YTD Job Cuts Highest Since 2009

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via upfina: The May monthly construction spending report was very bad as it was down 0.8% monthly and 2.3% yearly. The weakness is in residential construction, specifically, in single family residential construction. Residential construction spending fell 11.2% yearly. Single family spending fell 7.6% and multi-family spending was up 9.3%. Single family housing has become unaffordable which is … Read more

The Lemmings Are Running….The End Is Near

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Authored by Lance Roberts via RealInvestmentAdvice.com, Quick Takes Market While the market rallied last week and continues to flirt with all-time highs, not surprisingly, volume was exceedingly light because of the July 4th holiday on Thursday. As Carl Swenlin noted: ” SPY has formed a bearish rising wedge, and the VIX penetrated the upper Bollinger … Read more

Why Recession Is Closer Than You Think

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via valuewalk: Well-known surveys from firms like Bank of America Merrill Lynch suggest most investors don’t expect a recession until next year at least, but Stanley Druckenmiller warned in a recent interview that some less-obvious warning signs are starting to appear. He also noted that the Federal Reserve seems to be so focused on deflation, which he calls … Read more

Jason Burack: The Longest (Fake) Economic Expansion in US History!

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Wall St. For Main St., Released on 7/5/19 Jason talks about according to official US government economic data how this is the longest economic expansion in US history breaking the past record of 120 months. Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company … Read more

Craig Johnson: Trouble Is Brewing

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by FS July 5, 2019 –Markets have been stuck in a narrow trading range for the last 18 months, reaching new highs only to retrench amid setbacks. Craig Johnson of Piper Jaffray spoke with Financial Sense to give his take on where markets are headed and why there is reason to be cautious. Year-end Targets Johnson set … Read more

Pick-&-Go: Scanning No Longer Required, Supermarkets Swap Cashiers For Cameras

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Authored by Mike Shedlock via MishTalk, Tesco, one of the world’s largest supermarket operators, is testing cashierless stores solely dependent cameras… Frictionless Pick and Go Tesco, a UK firm doing business in 11 countries, is testing a cashierless store design that goes beyond Amazon’s Go. Tesco is not dependent on bar codes, RFID smart tags, or customer … Read more

FITTON: BIG new testimony shows Obama State Dept hid Clinton emails and then let her delete 33k contrary to law. PLUS Obama State put national security at risk by purposely under classifying Clinton Benghazi emails.

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by TFittonJW Here is our most recent Judicial Watch Update: Background: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-former-state-official-testifies-he-warned-state-department-officials-about-clinton-email-issues-concerned-about-interference-on-classified-clinton-benghazi-email-documents/  

The WORST Week For Democrats In 47 YEARS!

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by Natura Naturans   Just the headlines, go to the link for details: Let us count the ways… 1. The Fake News Media Is the Only Shrinking Institution in America’s Booming Economy 2. Democrats Lost “The Sane One” Joe Biden 3. Democrats Handed the 4th of July to Trump 4. Democrats Came Out Against the American … Read more

Harvard Trained Economist: Bitcoin To $32,000, Dow 33,000 By March 2020 At The Latest, & Gold…To $250 (per ounce)

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by Harry Dent of Economy & Markets I sent a market update to Boom & Bust subscribers in our 5 Day Forecast last Monday. I explained that stocks saw their biggest correction since late 2011, which makes that a 4th wave correction leading into a 5th wave final blow-off rally… what I have been calling the Dark Window scenario. My target is around 10,000 on the leading … Read more

Obama DHS Chief Says 2020 Democrats Have an “Unworkable” Immigration Policy

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Democratic presidential candidates have “unworkable” and “unwise” immigration policies, according to Obama administration Homeland Security chief Jeh Johnson. “That is tantamount to declaring publicly that we have open borders,” Johnson told the Washington Post on Tuesday, referring to a push to decriminalize illegal immigration. “That is unworkable, unwise and does not have the support of a … Read more

Lab grown STEAKS could soon be on the menu

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via dailymail: To create cultured meat, researchers take small amounts of tissue from animal After isolating individual cells,they’re put in flasks and fed nutrients, oxygen When grown on plastic, cells will divide until they exist on all of available surface To get an organized structure like steak, you need vessels and connective tissue    The meat … Read more

The establishment is always telling us that hey, it’s not their fault, the rules just somehow work out so they always win. This is just an extension of that principle.

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21ST CENTURY PROBLEMS: Algorithmic Governance and Political Legitimacy. In ever more areas of life, algorithms are coming to substitute for judgment exercised by identifiable human beings who can be held to account. The rationale offered is that automated decision-making will be more reliable. But a further attraction is that it serves to insulate various forms of … Read more