Within the last 72 hours, Antifa has: plotted to buy weapons a drug cartel for “armed rebellion,” violently attacked a journalist, been called a good cause by CNN.

by

SEDITION: FBI Investigating Antifa For Plotting To Buy Guns From Cartel For ‘Armed Rebellion.’ Follow the money. Plus: Antifa is known for using violent means, including in protests against peaceful conservative speakers, free speech advocates and even journalists. The well-documented instances of violence include a protester repeatedly punching a man in the face, throwing water bottles and … Read more

President Trump Sues To Stop Deutsche Bank, Capital One From Releasing Financial Records

by

via silverdoctors: President Trump and Deutsche Bank are back in the news. From CNN: (CNN)President Donald Trump, three of his children — Donald Jr., Eric and Ivanka — and his business are suing two banks to block them from turning over financial records to congressional committees that have issued subpoenas for the information. It’s the second attempt in … Read more

“Where Will We Get the Money for This Spending?

by

By John Mauldin The US, Europe, and most of the developed world on are the road to Japanification. The rest of us will begin to look like Japan with its astronomical deficits and ultra-dovish monetary policy. We will see financial repression, ever increasing deficits, slower growth, etc. This is not the end of the world. … Read more

GDP detail, Business optimism, Personal Income, Chicago PMI, US pending home sales, China news

by

by WARREN MOSLER Personal income not doing so well, as growth keeps ratcheting down: China April factory growth unexpectedly slows as economy struggles for traction (Reuters) The official Purchasing Managers’ Index (PMI) for manufacturing fell to 50.1 in April from March’s reading of 50.5, which was the first expansion in four months, data from the statistics bureau … Read more

Gold Facing a ‘Perfect Storm’ of Bullish Signals, Says Stoeferle

by

by FS With negative interest rates in Europe and Japan, exploding debt levels, and the growing popularity of radical monetary experiments like Modern Monetary Theory in the U.S., traditional safe-haven assets like gold are looking more and more attractive, says Ron Stoeferle, co-author of the In Gold We Trust report. We’re looking at a perfect storm … Read more

SANCTUARY AIRPORT! King County Airport in Seattle to Ban ICE Detainee Flights

by

Cristina Laila from The Gateway Pundit reports, Sanctuary city? More like sanctuary airport. King County International Airport (Boeing Field), which is just a few miles south of downtown Seattle, will begin banning flights from ICE used to transport illegal alien detainees. https://www.youtube.com/watch?v=o7iNNCP-lr8   Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…

GIVE UP ALREADY! DNC Chair Goes NUTS, Says U.S. At ‘War’ With Russia, Claims Trump Is ‘Compromised’

by

Chris Donaldson from I Love My Freedom , Democrats have become so invested in the collusion delusion that they may no longer be capable of giving it up in order to focus on appealing to swing voters over real issues in time for next year’s critical elections. https://www.youtube.com/watch?v=Du_LiRSDK3Q Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/give-up-dn…  

Visualizing The Cost of Renting vs. Owning a Home in Each State

by

by howmuch According to the U.S. Census Bureau, homeownership rates dropped in the first quarter of 2019 after steadily rising for the past two years. Factors such as student loan debt, financial insecurity, and high housing prices are disincentivizing some would-be homeowners from buying a property of their own. According to our latest analysis, it is still cheaper … Read more

This leads to credit growth falling to zero

by

via @PhilipSoos: The RBA’s housing credit series fell to 4% in Mar-19. On present trends, it should decline to 3% by Dec-19, which is our baseline scenario. CCR 100% and seasonal factors could well drive it even lower. UBS are super-bearish to forecast 1% growth between 2019-2021.    

Japan’s Shrinking Population Leaves a Record 8.46 Million Homes Vacant

by

  A record 8.46 million Japanese homes are sitting vacant as builders keep adding stock in a country where the population is shrinking. The number jumped by 260,000 in a twice-a-decade survey released by the government on Friday, reaching 13.6 percent of housing, the Nikkei Asian Review reported. https://www.bloomberg.com/news/articles/2019-04-29/japan-s-shrinking-population-leaves-record-8-million-homes-empty

Economic growth is slowing even though year over year GDP growth was the fastest in 4 years.

by

via upfina: Headline GDP growth of 3.2% signals no economic slowdown, but final sales signal otherwise. Final sales exclude the effect of net exports and private inventories. As you can see from the chart below, final sales to domestic purchasers’ growth fell to 1.52%. This was a huge divergence from real GDP growth. It was the … Read more