I’m in Awe of How Fast the Housing Markets in Sydney & Melbourne Are Coming Unglued

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The largest three-months fall “since at least the 80’s”: CoreLogic “Can we still describe this as an orderly slowdown in housing conditions?” mused CoreLogic Asia Pacific’s head of research Tim Lawless about the Australian housing market today. Over the last three months, the index for Sydney dropped 4.5%, and the index for Melbourne … Read more

Bull Trap

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by northmantrader The bulls are back. $SPX up nearly 8% in January and nearly 14% off of the December lows. What slowing global growth? What reduced earnings expectations? Trade wars? Who cares. It’ll all sort itself out, all that matters was the Fed caving in spectacular fashion laying the foundation for the big bull case. The central bank 2 … Read more

Did the ECB really end up printing?

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by independenttrader The European Central Bank announced recently the end of the currency printing, the so called Quantitative Easing. In addition, according to their announcements the balance sheet of the ECB should start to shrink from 2020. However, we have strong reasons to believe that it is not gonna happen and the central bank will change … Read more

Bi-Partisan Bill To End The Trade War Accuses Trump Of Levying Tariffs ‘Under False Pretenses’

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from Zero Hedge The fact that the bottom hasn’t fallen out of the US economy (as many free traders warned that it would) has largely vindicated President Trump’s decision to push ahead with his trade war over objections from Republicans, Democrats and business groups from Silicon Valley to Detroit, to the farm belt (and beyond). But … Read more

FLASHBACK: Is America headed toward a civil war? Sanders, Nielsen incidents show it has already begun.

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The other day, author Tom Ricks asked whether we’re heading toward a civil war. “I don’t believe we’re to Kansas of the 1850s yet. But we seem to be lurching … in that direction,” he wrote. Ricks was commenting on “What Democratic rage would look like,” a Bloomberg opinion column that quotes political scientist Thomas Schaller as saying, “I think we’re at the beginning … Read more

“RECESSION IS COMING AND FAST” – Worst German data since 2007 as Retail Sales plunge, Italy enters in a technical recession

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Better get ready and fast Macro-Trend Follower. ‏ @macrotrendf Germany retail sales TANKING worst reading since 2007 when the recession hit. @PaulSommerville Germany retail sales fell 4.3% in December. The worst in eleven years. Italy Officially Slides Into Recession. The Fed utterly capitulates on policy. Trading With Hedge ‏@tradewithedge WOW! Retail sales from Germany came … Read more

Trump Drops HARD FACTS On Illegals Democrats Pretend Don’t Exist Says

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Jack Davis for the Western Journal reports, President Donald Trump on Sunday said the number of illegal immigrants in America dwarfs any previously published official estimates. https://www.youtube.com/watch?v=RB4Z52wRXQs Read More/Source/Credit/FairUse: https://www.westernjournal.com/trump-says-number-illegals-doubled-since-2015-cites-astronomical-costs/   Troops Headed to Border; Pentagon Tracking 12K Illegal Aliens Heading This Way The approaching horde of illegal aliens who think they’ll cross the U.S.-Mexican … Read more

Virginia Del. Kathy Tran Submitted Bill To Save Caterpillars On Same Day As Late-Stage Abortion Bill

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Via The Daily Caller The Democratic Virginia delegate who has recently come under fire for sponsoring a bill in the Virginia House of Delegates that would allow the termination of a pregnancy up to 40 weeks old, is also the chief patron of a bill that would protect the lives of “fall cankerworms” during certain … Read more

Who Benefits From Mass Immigration? Not You!

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by Ann Coulter Assiduous readers of my columns know that I have frequently made the point that America’s immigration policies benefit only three groups of people: 1) rich Americans with a lot of employees, 2) the immigrants themselves, and 3) their grandmothers back in Chiapas. The money illegal immigrants send out of the country doesn’t come … Read more

Socialism Is The Fyre Festival Of Ideologies, And Stupid Millennials Are Falling For It Too

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by Kurt Schlichter Resolved: Millennials are the worst of all possible generations, and I say that as a baby-boomer (by a week). Unconvinced? Then check out one or both recent documentaries on Hulu and Netflix about their generation’s Woodstock, the infamous Fyre Festival, and watch how thousands of credulous millennials got suckered by social media “influencers” – … Read more

Nancy Pelosi Essentially Guaranteed Another Painful Government Shutdown When She Said This…

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by Michael Snyder Federal workers need to be prepared for more pain.  If President Trump and Congress cannot make a deal, there will probably be another very painful government shutdown in just a couple of weeks.  Even though he agreed to temporarily reopen the government, President Trump made it abundantly clear that there would be … Read more

Who Bought the Gigantic $1.5 Trillion of New US Government Debt Issued over the Past 12 Months?

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter China, Japan, other foreign entities dumped US Treasuries. But someone had to buy. Here’s who. Under the impact of a stupendous spending binge peppered with juicy tax cuts, the Treasury Department has had to issue a flood of Treasury securities to fund the cash outflow. So, over the past 12 months, … Read more