Signs Mounting the Economy Is Heading for Severe Slowdown…. Credit Investors Are Fueling a Dangerous Risk Rally – Bloomberg

Signs Mounting the Economy Is Heading for Severe Slowdown It’s not just the bond market that’s signaling a severe economic slowdown. Also, Boris Johnson has failed to charm currency traders. If there were no trade conflict between the U.S. and China, would it be necessary to invent one? In other words, would it be possible to … Read more

Elizabeth Warren and Trump: Both Want to Sink the Dollar

via mishtalk: Elizabeth Warren and Donald Trump are wrong together on at least one thing: Both want the dollar to collapse. Active Management Warren proposes “actively managing our currency value” to promote exports. The left-wing Economic Policy Institute embraced the idea in this NYT Op-Ed: Warren’s Radical Plan to Fix the Dollar. Ms. Warren and Donald Trump … Read more

Fund Managers Haven’t Been This Bearish Since the Financial Crisis

via Yahoo: The results of Bank of America Merrill Lynch’s latest fund manager survey (FMS) are “the most bearish” since the financial crisis. During the month of June, the average fund manager flipped from overweight global equities to underweight. Specifically, a net 21% of fund managers were underweight, the lowest level since March 2009. That … Read more

Global trade war continues to deepen, Singapore’s electronic exports fell a massive 31.4% in May, the most in more than ten years!

global trade war continues to deepen pic.twitter.com/Wv2QNOwtLZ — Alastair (@StockBoardAsset) June 17, 2019 Wow! #Singapore's electronic #exports, often seen as a bellwether for the global economy, fell a massive 31.4% in May, the most in more than ten years! pic.twitter.com/YNK8PYNj4G — jeroen blokland (@jsblokland) June 17, 2019 pic.twitter.com/cZ49dmmN7D — Alastair (@StockBoardAsset) June 17, 2019 https://t.co/pRWSLNsyBG … Read more

Draghi Unleashes Global Chaos With Preview Of More Stimulus, Prompts Angry Response From Trump

Draghi Unleashes Global Chaos With Preview Of More Stimulus, Prompts Angry Response From Trump https://www.zerohedge.com/news/2019-06-1…onse-trump In Unprecedented Attack, Trump Accuses Draghi Of Manipulating Euro Update: Trump isn’t letting this go, and is now attacking Draghi because European stock markets rallied on Draghi’s stimulus remarks, which isn’t “fair” for the US. European Markets rose on comments … Read more

Bad Loans Still Too High at Eurozone Banks, ECB Warns

NPLs remain dangerously to catastrophically high in Italy, Greece, Portugal, and Cyprus. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The bad-debt problem at banks in the Eurozone, an ongoing legacy of cascading loan defaults during the last financial crisis, may have grown smaller overall in recent years but it’s still a major cause … Read more

How Are Traders Positioned Ahead Of The Fed?

Authored by Lance Roberts via RealInvestmentAdvice.com, Over the last three weeks, we have discussed the “sellable rally” in the markets. However, one of the more stunning movements in the market was in interest rates which have fallen sharply in recent months as “deflation” and “economic weakness” have become points of concern for the Federal Reserve. Just last year, the Federal Reserve was … Read more

Who Bought the Nearly $1 Trillion of New US Government Debt over the Past 12 Months?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The Fed & China dumped. But there was huge demand elsewhere. Here’s who bought. The US debt-ceiling charade is back. It’s where different political power groups in Congress stall legislation that would raise the maximum amount of money the government is allowed to borrow to fund what Congress had ordered the … Read more

Reminder

Reminder pic.twitter.com/mP9albhjWf — mcm-ct.com (@mcm_ct) June 16, 2019 #ES_F cycle chart…looking constructive pic.twitter.com/o1f3NrOFAE — mcm-ct.com (@mcm_ct) June 16, 2019 pic.twitter.com/XwrcXIicMT — mcm-ct.com (@mcm_ct) June 16, 2019

FITTON: BIG: Clinton email admin said he couldn’t recall whether the one of her servers was wiped. Judicial Watch gets the testimony.

(Washington, DC) – Judicial Watch today released the deposition transcript of Justin Cooper, a former aide to President Bill Clinton and Clinton Foundation employee who registered the domain name of the unsecure clintonemail.com server that Hillary Clinton used while serving as Secretary of State. Cooper admits that he spoke with Cheryl Mills, Clinton’s former chief of staff, one … Read more

FITTON: President Trump is right to raise this issue about the biggest corruption scandal in American history.

by TFittonJW Here is a clip from the Lou Dobbs interview tonight: #DTS – @TomFitton: “The Dem-controlled House Committee is harassing @POTUS. We need to investigate Congress about its role in the anti-@realDonaldTrump coup. Dems don’t want the world to focus on their political party misconduct in engendering SpyGate.” #MAGA #Dobbs pic.twitter.com/PtVCiDU8E5 — Lou Dobbs … Read more

Reuters: Fed likely to resist pressure to cut U.S. rates this week

https://www.reuters.com/article/us-usa-fed/fed-likely-to-resist-pressure-to-cut-u-s-rates-this-week-idUSKCN1TI0DV SAN FRANCISCO/WASHINGTON (Reuters) – The U.S. Federal Reserve, facing fresh demands by President Donald Trump to cut interest rates, is expected to leave borrowing costs unchanged at a policy meeting this week but possibly lay the groundwork for a rate cut later this year.    

Report: Aurora & Harvard University Announce Significant New Cannabis Research Collaborations in Canada.

http://equitybulletin.com/2019/06/aurora-harvard-university-announce-significant-new-cannabis-research-collaborations-in-canada/ ​ Cannabis has made it’s way to top 10 most “novel and significant” research directions in Canada, with funding agencies allocating a record amount of funding to novel Cannabis studies. Take into consideration the piggy-back effect Cannabis has on the #2 most researched epidemic, that of the Opioid epidemic, and you have cannabis reaching the top … Read more