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from Financial Survival Network Eddie Ghabour returns… Just a few short months ago we were assured by the Fed that rate increases would be continuing into the future. Now we’re looking at rate cuts, perhaps as early as 2 weeks from now. What’s driving the Fed and are they trying to recover from a huge mistake or … Read more
from Financial Survival Network Eric Hadik is predicting a 3 month correction but what comes next? Perhaps some consolidation and getting ready for the next decline. NASDAQ and Tech Stocks plunged but stopped at support. A little short term bounce and then it’s on to another sell-off down the road, with some whipsawing in between. Gold’s been … Read more
by John W. Whitehead “History shows that governments sometimes seek to regulate our lives finely, acutely, thoroughly, and exhaustively. In our own time and place, criminal laws have grown so exuberantly and come to cover so much previously innocent conduct that almost anyone can be arrested for something. If the state could use these laws not … Read more
via CNBC: “Our talks with China, a lot of interesting things are happening. We’ll see what happens,” Trump says. “I could go up another at least $300 billion and I’ll do that at the right time,” he says. Negotiations between Beijing and the Trump administration took a turn for the worse in early May with … Read more
by Lance Roberts On Tuesday, Federal Reserve Chairman Jerome Powell, in his opening remarks at a monetary policy conference in Chicago, raised concerns about the rising trade tensions in the U.S., “We do not know how or when these issues will be resolved. As always, we will act as appropriate to sustain the expansion, with a … Read more
By Rodney Johnson You understand how powerful cycles can be at predicting market moves ahead of time. Here at Dent Research, we’ve used them to help predict almost every major market move of the last 30 years. For example, using the power of cycles we called… The U.S. recession of 1990-1991; The following bull market … Read more
via DW: Police have said they carried out searches in 13 federal states over crimes like incitement and the use of banned symbols. Authorities have struggled to enforce Germany’s strict hate speech laws on social media. Police in Germany launched dozens of raids across the country on Thursday as part of a crackdown on incitement … Read more
by jessefelder I’ve been a long-time user of StockCharts.com, a charting platform that has added a great deal of value to my overall investment process over the years. Not only have the charting tools been helpful but the chart school on the site is second to none when it comes to educating traders on the use of technical … Read more
YouTube caves to the Vox Mob, demonetizes Steven Crowder for ‘egregious actions.’ Let this be a lesson to all the kids out there: if you pitch a big enough tantrum — and you’re a raging leftist — you’ll eventually get the scalp you seek. Despite pressure from Vox speech police officer Carlos Maza, it seemed like YouTube wasn’t … Read more
via Twitter: As it turns out, Pothoven was allowed by her family to starve herself to death, which is hardly a good thing. But she was not, as the English-language media reported, put to death under Dutch law. That’s a huge, inexcusable miss for the press. h/t SG
● Shot: New report suggests “high likelihood of human civilization coming to an end” in 2050. —Tweet by Vice.com, Monday (link safe, goes to Twitchy.) ● Chaser: Vice.com Lays Off Senior Editors in Shakeup: The company is also still doing its best to emerge from lingering #MeToo fallout after a scathing New York Times investigation into Vice’s workplace culture. The story culminated … Read more
My colleagues at CEI have a new video out explaining how the carbon tax – one of the cornerstones of the Green New Deal – will cost average American families a bundle. They have much more on the subject here. h/t IM
(Bloomberg) — Here’s one consequence of the slowing U.S. housing market: Home flippers are heading for the exits. Homes that were resold within 12 months after being purchased made up 7.2% of all transactions in the first quarter, the biggest share since the start of 2010, Attom Data Solutions reported Thursday. Meanwhile, the average return … Read more
Vox’s Carlos Maza – Leading Force Behind New YouTube Censorship – Now Extremely Upset that the New Censorship is Affecting Leftists and Independents Carlos Maza Verified account > Carlos Maza Retweeted Ford Fischer What’s happening to Ford is fucking awful. He’s a good journalist doing important work. I don’t understand how @YouTube is still so … Read more
This article was originally published at Zero Hedge Just one month after conducting joint military exercises, Russia and China are set to sign an agreement which would boost the use of their national currencies in bilateral and international trade in an attempt to mmove away from the current dollar-denominated financial system, according to Russian state-owned news outlet TASS. It … Read more
by Michael Snyder If the U.S. economy was heading into a recession, we would expect to see a slowdown in the employment numbers, and that is precisely what is happening. According to payroll processing firm ADP, the U.S. economy only added 27,000 new jobs in May, and that is way below the number that is … Read more
Authored by Orphe Divounguy, Bryce Hill, Suman Chattopadhyay via IllinoisPolicy.org, In the past 30 years, just one U.S. state has adopted a progressive income tax: Connecticut. It made the switch from a flat income tax in 1996, phasing in the progressive income tax over three years. The results were disastrous. And they should halt, or at least caution, Illinois … Read more
via Zerohedge: DC Solar was once the “business” that allowed Jeff Carpoff, his friends and business associates to live the high life, according to Bloomberg. Unfortunately, as Warren Buffett found out the hard way, it was all one big “ponzi type scheme”. The company’s purported business of making mobile solar generators was so good that it even enticed Warren Buffett’s … Read more
by Charles Hugh-Smith There are two other trends that don’t attract quite the media attention that soaring profits do. Is the decade-long tech bubble finally popping? Tech bulls are overlooking the fundamental reality that the drivers of Big tech’s phenomenal growth–financialization and expansion into mobile telephony– are both losing momentum. A third dynamic–Big Tech monetizing privately … Read more
