What The Next Recession Will Look Like

by Mike Shedlock I just recently spent some time on the Lance Roberts Podcast discussing why the next recession and market downturn. Here is the full interview: However, the short answer is nothing like the last. If you search for “next recession” numerous ideas pop up. Many believe there will not be a recession soon. … Read more

Brexit Betrayal. Leftists pass legislation forcing a EU deal, May to grovel for Extension

Way to handcuff negotiations. Knowing May cannot say no, the EU will ream the UK. Leftist traitors again bow to their globalist masters. https://www.cnn.com/2019/04/03/uk/brexit-no-deal-bill-yvette-cooper-theresa-may-gbr-intl/index.html By the narrowest of margins, the House of Commons voted in favor of legislation which forces the UK government to request another extension to the Brexit process. The bill, which passed … Read more

Basel III – IMF – Liquidity Crisis

by Martin Armstrong QUESTION: As of today, Basel III comes in effect. Rumour goes that in a couple of months, there will be a lot of turmoil on the market and it would be the start of the implementation of an SDR like thing where people would lose 20-30% of their value and get stuck with … Read more

Japan Restarts Nuclear Reactors, LNG Imports to Decline – How Should Day Traders React?

Last year, five nuclear reactors restarted their operations in Japan. They were part of a group of reactors that had been closed soon after the 2011 nuclear disaster in Fukushima. Thus, the return of those reactors will change the proportions of the energy sources in Japan. According to the US Energy Information Association, the increased … Read more

Economic Slowdown Confirmed: Here Are 14 Very Alarming Numbers That Reveal The Current State Of The Economy

by Michael Snyder The economic numbers just continue to get worse and worse, and at this point it has become exceedingly clear that an economic slowdown is happening.  In fact, even the chair of the Federal Reserve is using the term “slowdown” to describe what is taking place.  But of course many are still hoping that the … Read more

Food Crisis 2019: An Outbreak Of African Swine Fever Is Devastating The Global Pig Population, And Pork Prices Are Skyrocketing

by Michael Snyder An absolutely devastating disease is wiping out herds of pigs all over Asia, and most people in the western world don’t even realize what is happening.  Since it was first detected last August, there have been 116 officially reported outbreaks of African Swine Fever in China, and since that time it has … Read more

Are the Rise of Social Media and the Decline of Social Mobility Related?

by Charles Hugh-Smith Social media offers hope of achieving higher online social status without having to succeed financially in a winner-take-most economy. I’ve often addressed the decline of social mobility and the addictive nature of social media, and recently I’ve entertained the crazy notion that the two dynamics are related. Why Is Social Media So Toxic? … Read more

Hedge Funds Are Loading up to Bet Against Lyft

via CNBC: Short sellers have borrowed $455 million worth of Lyft shares, or 6.61 million shares, according to IHS Markit. The cost to borrow Lyft shares rose to more than 100 percent or about 27 basis points a day, the most expensive U.S. company with more than $5 million in balances to bet against, IHS … Read more

Tesla Q1 2019 Vehicle Production and Deliveries

PALO ALTO, Calif., April 03, 2019 (GLOBE NEWSWIRE) — In the first quarter, we produced approximately 77,100 total vehicles, consisting of 62,950 Model 3 and 14,150 Model S and X. Deliveries were approximately 63,000 vehicles, which was 110% more than the same quarter last year, but 31% less than last quarter. This included approximately 50,900 Model 3 … Read more

Yahoo Finance: The most successful people have parents who [talk about career and finance with kids]

https://finance.yahoo.com/video/most-successful-people-parents-180547864.html An ad exists at the beginning of this video. The ad ends at 0:57. I was watching the market, and saw this video at first seems so irrelevant to what’s going on about Monday’s market (bull, Lyft, quarterly expectation, etc). But as I watched it, the journalists at Yahoo Finance are actually making an … Read more

Warren Buffett: Banks will be worth more money 10 years from now

https://finance.yahoo.com/news/warren-buffett-bullish-on-banks-jpmorgan-jamie-dimon-095717582.html Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) is bullish on the banks. “They’re a business I understand, and I like the price at which they’re selling relative to their future prospects,” Buffett said in a wide-ranging interview with Yahoo Finance’s editor-in-chief Andy Serwer. “I think, ten years from now, that they’ll be worth more money. … Read more

Danielle Park – The Cycle is Heading Down

from Financial Survival Network Danielle Park returns… Disappointing employment numbers, declining home sales and prices in Canada, the US and Australia, among others and bad US employment numbers, it’s all happening. We’ll see about the stock market. Earnings are certainly declining. There will be a day of reckoning and probably sooner than later. When that day comes, … Read more