by northmantrader The current government shutdown (the longest in history) comes with a hidden revelation: Millions of Americans are financially unprepared for the next economic downturn. Worse, they are highly vulnerable with few protections. 10 years after the financial crisis the economic recovery has left millions behind with little to no savings and the government shutdown … Read more
by Raúl Ilargi Meijer Johannes Vermeer Girl Reading a Letter at an Open Window 1657-59 In the last few days I was looking around for stories that could illustrate what fake news actually is, and I had a nice collection, but then last night Robert Mueller of all people clarified what exactly fake news is better than … Read more
by visualcapitalist Each year, about 2.7 million Americans pass away for various reasons ranging from unintentional injuries to more chronic illnesses such as cancer or diabetes. While death is not always an easy topic to discuss, it’s also something that is important to put into perspective. Better understanding the data around death can help us on … Read more
by TFittonJW Big Judicial Watch Update. Warning, I get a bit heated: Some background: https://www.judicialwatch.org/press-room/press-releases/federal-court-orders-discovery-on-clinton-email-benghazi-scandal-top-obama-clinton-officials-susan-rice-and-ben-rhodes-to-respond-to-judicial-watch-questions-under-oath/ https://www.judicialwatch.org/press-room/press-releases/judicial-watch-uncovers-documents-detailing-pelosis-repeated-requests-military-travel/ https://www.judicialwatch.org/press-room/press-releases/judicial-watch-uncovers-new-documents-detailing-pelosis-use-air-force-aircraft/ https://www.judicialwatch.org/press-room/press-releases/judicial-watch-uncovers-new-documents-detailing-pelosis-use-of-air-force-aircraft-for-her-family-in-2010/
by John Rubino Egon Von Greyerz … This is “the perfect set-up for gold” … Lynette Zang: “If 2018 was like 2008” … McAlvany: Time to swap palladium for platinum? … Peter Schiff: This is the eye of the financial storm … Catherine Austin Fitts: The federal government is running a “secret open bailout” …
via thefreethoughtproject: Indianapolis, IN — Smoking cigarettes is one of the deadliest habits a person can have. Contributing to both cancer and heart disease, cigarettes are attributed to the deaths of tens of thousands of Americans annually. But should smokers be treated as criminals? A new bill in Indiana will do just that. Senate Bill No. … Read more
LIVE BRUSSELS DIFFERENT VIEWS RT: https://www.periscope.tv/w/1lDGLMjdDQQJm YELLOW VESTS BRUSSELS WATERKANON The gathering in the Belgian capital, inspired by France’s ‘Yellow Vest’ movement, will take place on Saturday, 19 January. The political situation in Belgium remains unstable after Prime Minister Charles Michel lost his parliamentary majority on 9 December 2018, when the New Flemish Alliance party left the ruling … Read more
WHITE HOUSE LIVE: https://www.whitehouse.gov/live/ h/t Watchout
The battle to fund security and a wall on the U.S. southern border continues. The tit for tat this week includes Speaker Pelosi disinviting President Trump to the House of Representatives for his annual State of the Union address. Trump countered Pelosi by stopping her from taking a trip abroad on government aircraft (including a … Read more
by Fabius Maximus Summary: As American politics heats up, preparing for the quadrennial hysteria in 2020, let’s step back and look at our choices. Left and Right are clear about their intentions. Only a mad people would trust either. “A society does not ever die ‘from natural causes’, but always dies from suicide or murder – and nearly … Read more
Heroin overdoses surpass automobile deaths first time in world history h/t Jake
via Daniel Lacalle For 2019, the key factors that we need to think about are what is going to be the outlook on three levels: monetary, macro, and earnings. Watch my entire interview at Real Vision here. In general, considering where expectations are right now, we are still in a stealth downgrade mode, Industrial production, and ISMs are slowly descending … Read more
by Troy The S&P has now retraced more than 50%, which was the standard post-crash target outlined a few weeks ago. The stock market is exactly where it was a few months ago. This demonstrates the stock market’s “bullish bias” – it goes up more often than down. Absent significant macro economic deterioration, it’s very … Read more
Lynette Zang interviewed by Sean on SGTreport The economic slowdown is now global, and far more advanced than we thought. With US national debt poised to surpass $22 Trillion this year, what calamity lurks just around the corner? Lynette Zang believes it may be a hyper inflationary depression from which no holder of fiat will escape. Please consider supporting … Read more
Transcripts of Former Top FBI Lawyer Detail Pervasive Abnormalities in Trump Probe. Former top FBI attorney James Baker admitted to House lawmakers in October last year that the investigation into alleged collusion between the Trump 2016 presidential campaign and Russia was riddled with abnormalities. Confronted with a damning summary of abnormalities, bias, and omissions, which … Read more
via MarketWatch: Russell 2000 is up 8.8% in the first 12 sessions of 2019 Much has been made about the performance of stocks so far in 2019. Small-cap stocks, as gauged by the Russell 2000 index RUT, +1.04% , are off to their best start to any year in the past 32 years, boasting a gain of 8.8% … Read more
via Bloomberg: HPS, Z Capital sold deals that can hold more CCC rated loans Such CLOs offer higher debt returns to compensate for the risk Some of Wall Street’s biggest buyers of leveraged loans are gearing up to profit from a U.S. economic downturn. A growing number of money managers that buy the loans and bundle them … Read more
via hussmanfunds: While we don’t presently observe conditions to look for a ‘buying opportunity’ or a ‘bottom’ from a full-cycle standpoint, we do observe conditions that are permissive of a scorching market rebound, even if it only turns out to be the ‘fast, furious, prone to failure’ variety. We wouldn’t dream of removing our safety nets … Read more
via CNBC: “The loss was due to a host of issues including the partial government shutdown, the impact of tariffs, instabilities in financial markets, the global slowdown, and the lack of clarity about monetary policies,” said Richard Curtin, chief economist for the Surveys of Consumers. “Aside from the direct economic impact from these various issues … Read more
by Charles Hugh-Smith The goal of the Cultural Revolution isn’t to persuade, it’s to enforce compliance. A Cultural Revolution is a movement designed to preserve the political and financial power of a ruling elite by social rather than political or financial means. Thus the primary tools of a Cultural Revolution are not redistributing power via elections … Read more