GOP Goes to War against Moore

by Mark Angelides As part of the larger campaign to destroy the Make America Great Again support base, they have begun eating their own. The attacks on the Alabama candidate are just as large from the GOP as they are …

READ MORE

Auto-Loan Subprime Blows Up Lehman-Moment-Like

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But there is no Financial Crisis. These are the boom times. Given Americans’ ceaseless urge to borrow and spend, household debt in the third quarter surged by $610 billion, or 5%, from the third quarter last …

READ MORE

Is it Okay to be White???

by Robert Carbery Over the weekend, the failing New York Times ran an opinion piece, titled, Can My Children Be Friends With White People? These are the times we are living in today. When everything is political and no one …

READ MORE

This Is What A Pre-Crash Market Looks Like

By Michael Snyder The only other times in our history when stock prices have been this high relative to earnings, a horrifying stock market crash has always followed.  Will things be different for us this time?  We shall see, but …

READ MORE

Caution: Slowdown Ahead

Authored by Sven Henrich via NorthmanTrader.com, Many of you know I keep posting charts keeping taps on the macro picture in the Macro Corner. It’s actually an interesting exercise watching what they do versus what they say. Public narratives versus reality …

READ MORE

Central banks are damned if they raise interest rates and damned if they don't, largely because their policies have resulted in both risk-taking (i.e. the creation of asset bubbles in stocks, bonds and real estate) and excess levels of debt.

Here’s a summary from the report which succinctly explains the potential debt crisis and how the world’s central banks have painted themselves into a “monetary policy corner”: “Otherwise, over long horizons, failing to constrain financial booms but easing aggressively and …

READ MORE