Why do stock market corrections happen, and how often does a correction turn into a bear market?

by visualcapitalist Markets are rarely a straight march forward. Even though the end destination is usually a bullish one, markets often take a far more scenic route to get there. Sometimes that means going off the beaten path, and other times it may mean taking a step directly backwards to get reoriented. In investing parlance, the … Read more

Is The Media Driving America Insane?

Authored by Jeff Charles via Liberty Nation, Americans are more depressed than almost anyone in the world – and we may have the media to thank… Here’s a conundrum for you. Would it be possible for citizens of the strongest, wealthiest, and freest country in the world to have stress levels higher than those of the … Read more

Interest Rates: Why the Fed is Cowering

By Harry Dent The Fed left interest rates unchanged, again. I’m not surprised… But many pundits are wondering if this is Powell kowtowing to The Donald… I can see why they might think that… Do you remember the Alien movie franchise with Sigourney Weaver? Remember how the baby aliens rips through its host’s stomach as it’s born? And … Read more

Congress Wants To Fix Social Security By Increasing Benefits?

by Dennis Miller Politicians of all flavors continually remind us social security is in danger of going bankrupt. Now our esteemed leaders want to fix it by increasing benefits. What could possibly go wrong? Newsmax Finance reports on a recent interview with former fed head (Big Al) Alan Greenspan: (my emphasis) “Former Federal Reserve Chairman Alan Greenspan warns … Read more

Trump Puts Renowned Paper Salesman Dwight Schrute In Charge Of Choosing Nation’s Healthcare Plan

Via The Babylon Bee WASHINGTON, D.C.—President Trump has come out swinging against Democrats’ accusations that he’s weak on healthcare. Trump has selected a star paper salesman from Scranton, Pennsylvania to choose a good healthcare plan for the nation: Dwight Schrute. Despite a few scandals, including firing a loaded gun in a workplace and intentionally starting … Read more

Confusing “Conservative” With Fake

by CG The once revered Poynter Foundation, which stood as a pillar of journalistic integrity has fallen hard, after they issued today a list of untrustworthy or “fake” news sites and included The Daily Signal, which writes straight and factual news of interest to conservatives. (Disclosure: I serve as their outside Media Law adviser). The Daily Signal is … Read more

CVS Pharmacy Closing 46 Locations

CVS Health is closing 46 of its stores, saying the locations were “underperforming” as the drugstore chain continues to shift more of its retail presence toward health care services. The move cost CVS about $135 million as a “store rationalization charge” in its first-quarter earnings report. The cuts represent fewer than 1% of the about 9,600 … Read more

China is mining intelligence from an estimated 23 million records of American federal workers, including intelligence and security personnel, stolen in cyberattacks against the Office of Personnel Management.

The office is the repository of federal government personnel records, including social security numbers and documents known as SF-86s that contain personal information about people who apply for security clearances. Counterintelligence officials for the past two years have reviewed the entire federal records archive, totaling 5 million gigabytes of data, and have begun assessing the … Read more

Everything Old Is New Again

Journalist: Biden campaign physically blocking press. A freelance journalist said Wednesday he and several reporters have had negative interactions with Joe Biden’s 2020 campaign staff in recent days. Marcus DiPaola described via Twitter several instances in which he said reporters had been physically blocked from covering the former vice president while the 2020 presidential hopeful is in … Read more

Construction Spending Heading South—Housing Down 11% Since April 2018 Peak… Mortgage Refis In Biggest Crash Since 2013

By David Stockman   Total residential construction spending dropped 8.4% from a year ago, the sixth month in a row of year-over-year declines, to a seasonally adjusted annual rate of $507 billion, according to the Census Bureau this morning. This was down 11% from the peak in April 2018.   https://wolfstreet.com/2019/05/01/construction-spending-at-risk-housing-retail-sag/   The party’s over. Despite a reversal … Read more

The Crash In US Economic Fundamentals Is Accelerating

by Brandon Smith When looking at the health of an economic system it is impossible to gauge growth or stability by only taking two or three indicators into account. The problem is, this is exactly what central banks and governments tend to do. In fact, governments and central banks wildly and deliberately promote certain indicators as … Read more

Dee Carter – Is Government the Biggest Economic Threat?

from Financial Survival Network Financial advisor Dee Carter returns… Forty-four percent of Americans say the political environment in Washington is the biggest threat to the U.S. economy over the next six months, according to a new Bankrate.com report. This is more than three times the amount who cite terrorism or political/economic developments overseas, the next most popular choices … Read more

The Monetary Experiment Starts to Unravel (SDN)

https://media.blubrry.com/silverdoctors/s/content.blubrry.com/silverdoctors/The_Monetary_Experiment_Starts_to_Unravel_SDN_.mp3 Podcast: Play in new window | Download Subscribe: Apple Podcasts | Android | Email | Stitcher | RSS It only took one word from Fed Chair Jerome Powell on inflation to send the markets reeling, and that word was “transitory.” The markets have been pricing in a Fed rate cut, and Powell’s comments suggest the Fed is not considering a cut at this point. It looks like the monetary … Read more

Hillary Clinton: Russia Is CLEARLY Backing Republicans, Why Don’t We Ask China To Back Us?

via silverdoctors: Oh yeah, and China, “our media would richly reward you” if you steal Trump’s tax returns… Three-ring. Circus side-show. And Hillary Clinton has the mic: Oh, yeah, and China, “Our media would richly reward you”. So to recap: The 2020 US Presidential Election. Not just Republicans versus Democrats. It’s now also Russia versus China. We … Read more