Retail US sales near 5 trillion a year. https://www.emarketer.com/Article/US-Retail-Sales-Near-5-Trillion-2016/1013368 Obamacare costs and penalties are 60% of that or over 3 trillion. The retail sector has been stagnant and most people are blaming AMAZON. A closer look is really required rather …
by Mark Angelides North Korea has backed off Guam and said that after reviewing plans with top Generals that it will not be going though with its “escalation.” It seems that for now, a combination of US Diplomacy and Chinese …
With next Recession Looming, Central Banks Back with Negative Rates Negative interest rates are back in the spotlight. Central banks will need to be prepared to cut interest rates deep into negative territory in the next economic downturn. With U.S. …
I think corporate debt is one of the main bubbles in this cycle, worldwide. Just to support that look at this amazing chart of corporate leverage. https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ibAhOFLu2q_Y/v2/1000x-1.png As John Hussman tweeted “… and remember, the 2009 debt/EBITDA peak reflected weak …
by Geoffrey Grider As we reported to you over the weekend, the radical Left terror groups Black Lives Matter and ANTIFA are funded by George Soros. In Virginia, they turned a white nationalist rally into a bloodbath by inciting violence and …
by Mark Angelides Regardless of your opinions on how effective or timely President Trump’s response to the shocking events in Charlottesville, VA, it can’t have escaped your attention that the MSM is now firmly targeted as one in kicking down …
by Mark Angelides A course has been slated to start this fall at Stanford University that looks (among other things) at the perils and possibilities of different political practices,” according to the course description, “including abolishing whiteness or coming to terms …
by Thinker Since 2011 and the Eric Holder “Fast & Furious”, 2013 IRS, 2014 DHS release of over 19,000 illegal convicted felons onto the streets of America, FBI Director and Military general who lied under oath. How many times will …
by David Haggith August is a sultry month for stocks as markets thin out during the dog days of summer. Everyone leaves investing for a break from the heat. Statistically, August is the worst month for overall stock performance, while September …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “July proved to be a tough month for chain restaurants,” the report said. Foot traffic at chain restaurants fell 4.7% in July year-over-year. Same-store sales fell 2.8%, the 17th month in a row of year-over-year declines, …
By Michael Snyder In just a matter of days we are going to witness the most unusual solar eclipse in U.S. history. Could it be possible that all of the very strange “coincidences” surrounding this event have some sort of …
by Ruby Henley On May 22, 2017, Kim Dotcom posted a statement to his website claiming to have information relevant to the investigation into the July 2016 murder of DNC staffer Seth Rich. Dotcom claimed that he had proof that Rich …
by Charles Hugh-Smith If we stop counting zombies, we’re already in recession. How shocked would you be if it was announced that the U.S. had just entered a recession, that is, a period in which gross domestic product (GDP) declines …
by Michael Snyder What just happened in Charlottesville, Virginia should break all of our hearts. This is not what our country is about, and I am really struggling to find words that are strong enough to denounce the violence that we …
By David Stockman More U.S. households are renting than at any point in 50 years Zumper National Rent Report: August 2017 Apartment List National Rent Report You're not allowed to question this. pic.twitter.com/bjhu4KVAAu — Alastair (@StockBoardAsset) August 12, 2017
Egon von Greyerz (EVG) vaults gold for wealthy clients in secret vaults in Switzerland and in Asia. What is he seeing first hand from his global clients? EvG says, “It’s interesting that we are seeing big money now starting to …
by Mark Angelides Chelsea Handler has just achieved heights of “Liberal Idiocy” that even the most ardent anti-Trump celebrity has failed to reach. She Tweeted on Friday that there should be a military coup carried out to remove the president …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Are we blinded yet by the brilliance of corporate earnings? “Adjusted” earnings growth is 10.2% year-over-year in the second quarter, according to FactSet, based on the 91% of the companies in the S&P 500 that have …
By Michael Snyder Do you stand with President Trump? If so, I would like to ask you to support #TeamTrump candidates for Congress all over the nation. I am running on a pro-Trump platform in Idaho’s first congressional district, and …
by Ruby Henley Rich Higgins, is a whistleblower, who was a NSC Director for strategic planning with the Trump Administration. He has worked very hard for many years to protect this Country from an Islamic invasion. He risked his job to …
by Tom McClellan The stock market’s quick selloff on August 10, 2017 came as traders got reintroduced to the concept of “event risk” after a long period of extreme quiet. And like bad drivers during the first snowfall of winter, there …
by Ruby Henley The clear and present danger we are facing may have jokingly been referred to as a “a chubby brat,” “this crazy fat kid,” and a “total nut job.” First impressions sometimes are deceiving. Many who have known Kim …
Sources: https://goo.gl/UpprQe In This Episode: We have been waiting for the cooling of Canada’s real estate market. When oil prices took a dive, oil based areas of Alberta immediately saw a huge correction. Today we have extraordinary prices in Toronto, …
by Geoffrey Grider EIGHTY FEET BELOW THE STREETS OF LOWER MANHATTAN, A FEDERAL RESERVE VAULT PROTECTED BY ARMED GUARDS CONTAINS ABOUT 6,200 TONS OF GOLD. OR DOESN’T. “It is well enough that people of the nation do not understand our …
by Kimble Charting Below looks at the Dow Jones Transportation Index since 1994. Is it possible that the Transports index is repeating the patterns that were created back in 1999 & 2007? Below is an update on a potential pattern that we have …
by Mark Angelides As the number of migrants crossing the border illegally into Canada has increased, the well-meaning Canadians have decided to send in the troops to back up the Mounties at the New York-Quebec border. Canada announced that the …
by Mark Angelides CNN’s lone Trump Supporter has been fired from his role after accusing someone of using Nazi-like tactics and mocking them with a “Seig Heil.” Jeffery Lord got involved in an online argument with Angelo Carusone, president of …
by Michael Snyder Should the U.S. take military action against North Korea? If you ask many Americans this question, they will tell you that we should, but as you will see below some of those same people cannot even find …
https://www.youtube.com/watch?v=hPVG5ADwXJE Today’s Guest: Steve St. Angelo Websites: SRS Rocco Report https://srsroccoreport.com YouTube: SRS Rocco Report https://www.youtube.com/channel/UCED7…
Chemical Used In Plastic Bottles And Containers Potentially Hazardous To Health BRUSSELS – European experts have announced that a chemical used in a wide range of plastics that come into contact with food, drinks, toys and cosmetics is “a substance …