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
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
by John Rubino It’s amazing what a few weeks of outperformance will do for an asset class. Gold and silver, after being pretty much ignored for the past few years, are now the shiny new toys of the investment world. From just the past couple of days: Highest Central Bank Buying in 50 Years Drives … Read more
by John Rubino Jordan Peterson on why the European Union is doomed … David Stockman: The crashing economy will bring down Trump … Peter Schiff: This is the beginning of the end … Max Keiser on “well-meaning totalitarians” … Ron Paul: Billionaires thrive in the Fed’s immoral “counterfeit” system
by Charles Hugh-Smith The corporate-state media lives in terror that the truth will somehow leak out of the corporate-Imperial fortress, imperiling their jobs and perks. It’s not exactly news that the Alternative Media is under assault: skeptical inquiry and dissenting narratives are smeared as “fake news,” and new suspiciously corporate entities (NewsGuard et al.) claim to … Read more
by Jim Quinn After yesterday’s Federal Reserve Meeting, Jerome Powell completed his one month transformation from an independent hawkish Chairman trying to do what is right for the country to a weak kneed Wall Street lackey doing their bidding, just as Yellen, Bernanke and Greenspan had done before. It appears he was summoned to a … Read more
Via Dana Lyons’ Tumblr, U.S. stocks recently registered the 2nd most overbought condition In their 150-year history. Temperatures wrought by the polar vortex here in Chicago have truly reached ludicrous levels. Today’s low is projected to be minus 26 degrees Fahrenheit — without the wind chill. That got me thinking — is that the coldest … Read more
by TIMOTHY_TRISMEGISTUS The definition of ‘Continuity of Government’ is a set of contingency plans to ensure that essential government functions remain in place after a disaster such as nuclear war. In the United States, Continuity of Government plans have been on the books since at least the Eisenhower administration. The plans involved building intricate hidden … Read more
Josh Sigurdson talks with author and economic analyst John Sneisen about the recent advice provided by Michael Wilson, the Chief Equity Strategist at Morgan Stanley. According to Wilson, people need to get out of stocks now! Their reasoning is that they struggle to see the upside in hanging around just to “see what happens” while … Read more
BY JOHN MAULDIN The 2008 financial crisis hit China hard, as it did everyone else. Not every country responded like China did, though. Most couldn’t do what China did because they lacked either financial resources or political ability. China had both. And so it launched a stimulus program of mind-boggling proportions. China’s Stimulus Is Built on Shadow … Read more
by howmuch Tens of millions of people are in slavery around the world, and lots of them live in your country. That’s according to the 2018 Global Slavery Index, a detailed analysis of modern human trafficking and slavery around the world from the Walk Free Foundation. The best way to start to understand the global landscape of … Read more
by sundance President Trump delivers a video message in concert with a series of public tweets surrounding the ongoing issues with border security funding. .
EPS: $5.68 vs. $3.75 per share last year Revenue: $71.9 billion vs. $60.5 billion last year AWS: $7.3 billion (FactSet estimate) vs. $5.1 billion last year https://www.cnbc.com/2019/01/31/amazon-earnings-q4-2018.html
Published on Oct 19, 2016 Presidential nominees clash in the final presidential debate at the University of Nevada Las Vegas Leftists push INSANE Bill That Allows Executing Babies h/t NotRiggedUrJustLosin
GOOGLE takes aim at ‘fake’ websites with new browser warning… Because most people don’t notice when they’re at the wrong website. It’s hard to be sure where you are on the internet these days. Carefully checking the URL is one approach to avoiding danger. Trouble is, many fraudulent websites use tricks to make their URLs … Read more
Patient is going to mean very, very patient: UBS’ Art Cashin from CNBC. via CNBC: “It’s pretty obvious” the Federal Reserve is reacting “to the market’s reaction,” UBS’ Art Cashin says. “There’s no question” there was a “Powell put” in the Fed’s interest rate outlook, he says. The Dow Jones Industrial Average’s close above 25,000 … Read more
via Bloomberg: Deutsche Bank AG executives are worried that they’re down to the last 60 days to turn around their struggling franchise. On the eve of fourth-quarter results that are likely to reflect its troubles, the bank’s ability to avoid a government-brokered merger with Commerzbank AG could rest on its performance in the first quarter … Read more
Would you Buy or Sell this stock? pic.twitter.com/wdkFzavNbG — Lawrence McDonald (@Convertbond) January 31, 2019 https://twitter.com/hks55/status/1090833079176855552 https://twitter.com/hks55/status/1090843110077276160 Meet you downstairs next week? Spoos v rates pic.twitter.com/ltEIyt84On — Teddy Vallee (@TeddyVallee) January 31, 2019 https://twitter.com/hks55/status/1090770490623447041 Credit Card Data Indicates Major Decline in Retail Sales – this is the largest decline since 2016, another indicator consumer spending … Read more
https://www.youtube.com/watch?v=PsDCIrsIezg The tax zombies won’t stop making life miserable for everyone DH
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “It’s been dripping down, down, down. Frustrating that the housing market is not recovering”: National Association of Realtors What will home sales look like in January and February? Very, very lousy, according to pending home sales, a measure that counts how many contracts were signed. Contract signings run roughly one or … Read more