Paul Singer Warns A 40% Market Crash Is Coming

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via Zerohedge: Earlier today, in a stark reversal from its traditionally cheerful demeanor, a Goldman Sachs strategist warned that  “purely based on elevated equity valuations, as measured by the S&P 500 Shiller P/E, and current growth, according to our US Current Activity Indicator (CAI), the risk of an equity drawdown of more than 10%”, i.e. … Read more

What You’re Not Being Told About the 2019 Collapse In Progress | Brad Harris

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  Brad Harris, AI analyst of global newsfeeds, survival skills instructor, homesteader, & founder of FullSpectrumSurvival.com, returns to Reluctant Preppers​ to alert us to: – What you’re not being told about the Collapse of 2019 in progress, – “Misinformation Flag” – the new kiss of death to independent media sites, – Revisionist “Research” via Revisionist … Read more

Cryto Carnage Continues – Bitcoin Crashes Below $11,000

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In his tweet, Lee intended to remind others that “bitcoin is a hypervolatile asset” and that this makes it “great for volatility and other dedicated traders.” Still, he noted that most should probably use a different approach instead: “For most, taking a long-term view is more appropriate.” https://www.zerohedge.com/news/2019-06-27/cryto-carnage-continues-bitcoin-crashes-below-11000   h/t Roman Stone

As Trump touts stocks, bonds send ominous message… Confidence among CEO’s lowest in decade

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As Trump touts stocks, bonds send an ominous message President Trump often touts the buoyant stock market as an indication his economic policy success. In so doing, he chooses to ignore the much gloomier message that the bond market is now sending us as to where the U.S. economy might be headed. Exclusively relying on the … Read more

BIDEN STAMMERS AS KAMALA EATS HIM ALIVE! ‘THAT LITTLE GIRL WAS ME’

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‘That little girl was me.’ Kamala Harris tears into Joe Biden on praising segregationists and opposing busing telling how SHE was bused to integrate a school leaving Democrat frontrunner stammering and saying ‘My time’s up. Sorry’ Joe Biden’s praise for segregationists followed him to the Democratic presidential debate on Thursday evening and exploded into a … Read more

Bubonic Plague In LA: California On The Verge Of Becoming A Third World State

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by Mac Slavo of SHTFplan The city of Los Angeles is quickly descending into a cesspool of decay and disease.  With bubonic plague now likely present amongst residents, the city and the state of California are on the verge of becoming a third-world hellscape.  Some say that that’s already happened… Tucker Carlson had historian Victor Davis Hanson on … Read more

No, Autos Are Not “Cheaper Now”

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by Charles Hugh-Smith According to the BLS, inflation in the category of “New Vehicles” has been practically non-existent the past 21 years. Longtime readers know I’ve long turned a skeptical gaze at official calculations of inflation, offering real-world analyses such as The Burrito Index: Consumer Prices Have Soared 160% Since 2001 (August 1, 2016) and Burrito Index Update: … Read more

Average Age of Vehicles Sets Record, New-Vehicle Sales Drop to Where They Were 20 Years Ago. What Are Automakers Doing?

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Part of Carmageddon, But Consumers Demand It The average age of passenger cars and trucks on the road in the US ticked up again in 2019, to another record of 11.8 years, IHS Markit reported today. When I entered the car business in 1985, the average age had just ticked up to 7.8 … Read more

Blatant Election Rigging: Twitter Wants To Make Sure We NEVER Have Another President Like Trump

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by Michael Snyder Just in time for the 2020 election, Twitter has come up with a new “policy” that is obviously intended to neuter the effectiveness of President Trump’s Twitter account.  Right now, Trump has 61.4 million followers on Twitter, and his tweets regularly make headlines all over the world.  Trump has been devastatingly effective … Read more

The 10 Most Memorable Quotes From Thursday Night’s Bizarre Democratic Presidential Debate

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by Michael Snyder Unlike Wednesday night, the mud was definitely flying when 10 more Democratic presidential candidates took the stage for a nationally televised debate on Thursday night.  The most frequent target was former Vice President Joe Biden, and it is going to be very interesting to see how he bounces back from this.  Senator … Read more

Part of Carmageddon for Automakers, But Consumers Demand It

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Average age of vehicles rises, but new-vehicle sales drop to where they’d been 20 years ago. So what are automakers doing? The average age of passenger cars and trucks on the road in the US ticked up again in 2019, to another record of 11.8 years, IHS Markit reported today. When I entered … Read more

The Fed’s Stealth Stimulus Has Arrived

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It’s not so stealthy. This is the transcript from my podcast, THE WOLF STREET REPORT: Let me just throw this out there for us to kick around: The Fed has already accomplished more with its verbiage so far this year than it had in the past when it actually cut rates multiple times, all the way … Read more

Amazon launches Counter in-store pick-up in the US, starting with 100 Rite Aid locations

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Amazon’s  strategy to bring more brick-and-mortar options into its vast e-commerce empire, and its ambition to sell more pharmaceutical products, today may have found themselves a little more knitted together. The company announced a new service in the US called Counter, a free in-store pick-up service where Amazon shoppers can arrange to collect packages. And its first … Read more