Comparing the $SPX index growth with earnings growth. The index is 2.33 times more expensive than it was at the top of the housing bubble.

via @AndysCycles: The index is 2.33 times more expensive than it was at the top of the housing bubble. 3 valuation charts for your amusement. Corporate profits up 3% per year since 2006. $SPX over total business sales at all-time high. SPX over total construction spending at all-time high.        

Warren Buffet Indicator Signals Bearish Bias

🎩Warren Buffet Indicator>Signals Bearish bias.Have Uheard from him?👂Tks once again @CoryLVenable @ThePitBoss16 @TradersCom @Lizardjb3 @OccupyWisdom @hks55 @SpeculaThor @mgftzgd @LordPolemos @StockBoardAsset @TaviCosta @EconGlobal @Analyst_G @Simple_Trends @PMack1224 @mcm_ct pic.twitter.com/ntcCjfntcV — Antonio Pérez-Algás (@apanalis) April 13, 2019

Trump Sends $23.6 Billion Message To Mexico, And Americans Will Win BIG TIME

I Love My Freedom reports, President Donald Trump is planning to send a $23.6 billion message to Mexico, and illegal aliens will be effected the most by the move. The White House is preparing to target remittance payments made by illegal immigrants in the wake of the crisis at the U.S.-Mexico border. https://www.youtube.com/watch?v=nMWhG1uDWV0 Read More/Source/Credit/FairUse: … Read more

What’ll Happen to Home Prices in Silicon Valley & San Francisco after the Mega-IPOs? Last Two Times, We Got a Housing Bust

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Here’s how it works. Meanwhile, the media is busy publishing real-estate industry hype. This is a shorter, less angry version of my podcast last Sunday (as many have found out, I’m freer when I talk than when I write). It’s now a standard theme in San Francisco and Silicon Valley conversations, and it’s … Read more

Probably Nothin’!

By David Stockman Greece’s 5-Year Trades Below 5-Year UST So unlike 1999, when it was Nasdaq prices that set Edwards off, this time it was the yield on the Greek 5Y government bond that inspired shock in the SocGen strategist, to wit: “I certainly think the decline in the 5y Greek government bond yield to 2.28%, … Read more

Trump May Regret His Fed Takeover Attempt

By Patrick Watson Some things are too important to leave to politicians. One such thing: the money supply. That’s why the Federal Reserve is an independent agency, at least in theory. Presidents like this arrangement because it lets them disclaim responsibility when the Fed does something unpopular. But that only works if the president doesn’t even try to … Read more

Another Reason to Avoid Communist Central

by Jim Quinn OK, for sure they have not been funny for a long time.  Just as with Saturday Night Live, the comedy part of Communist Central pretty much left the room when they found out that they had a platform to disseminate their fowl Communist agenda.  But it’s just a stupid cable tv garbage … Read more

Ocasio-Cortez Appears On ‘The Price Is Right,’ Guesses Everything Is Free

Via The Babylon Bee HOLLYWOOD, CA—Alexandria Ocasio-Cortez was pumped to attend a taping of The Price Is Right in Hollywood this week. The special guest introduced herself as a U.S. representative and rising star of the Democratic Party. Things got interesting when the game began and every time it was her turn to estimate the price of … Read more