via NBCNEWS: The country would face an economic hellscape if the government shutdown lasts “months or even years,” as the president has suggested it might, experts tell NBC News. The doomsday scenario might be unlikely — the longest the federal government has ever shut down is 21 days, a record that will fall if the current closure … Read more
by Martin Armstrong The reaction from the Democrats and the mainstream media against Trump is really absurd. VOXwrote that he should not even be allowed to address the nation. They wrote: “After watching President Trump’s primetime immigration speech Tuesday, my overwhelming impression was this: Why, oh why, did anyone think it was a good idea to … Read more
by Shaun Richards Yesterday was another poor day for the Forward Guidance provided by central bankers as we note developments in the US and UK. There was a flurry of media activity around the statement from Bank of England Governor that the Chinese Yuan could challenge the US Dollar as the world’s reserve currency, but … Read more
SPOT ON! America Is The GREATEST Country On Earth & She MUST Be Protected! Charlie Kirk Explains Why A Southern Border Wall Will Preserve American Culture! h/t Voluntaryist
From Peter Suderman at Reason: Last year, 24-year-old Nina Dang broke her arm in a bike riding accident in the city of San Francisco. After someone who saw the accident called the hospital, an ambulance picked her up and took her to Zuckerberg San Francisco General Hospital, where doctors performed several tests, put her arm in … Read more
from Financial Survival Network Noted credit expert Robert Siciliano joined us today. The good news is that all 4 credit bureaus must provide now allow consumer’s to freeze their reports upon demand. The bad news is that there are now 4 credit bureaus and most people don’t take advantage of this security measure anyway. You need to shred … Read more
from Financial Survival Network Is investing in real estate too risky? Do you have to be rich to invest? Does investing take too much time? Are these all good questions or just improper myths? If you’ve been sitting on the fence about real estate investment, it’s time to jump into the game. And, once you do, … Read more
by Frank Holmes, CEO, U.S. Global Investors A couple of months ago, Forbes updated its list of the wealthiest 400 Americans for 2018, with Jeff Bezos appearing at number one for the very first time. Worth some $160 billion, the Amazon founder and CEO finally dethroned Bill Gates, who had held the top spot for … Read more
via breitbar: Merkel and Macron are set to deepen their ties by signing a treaty which has been criticised as an “erosion” of national sovereignty… The new treaty will also encourage the formation of border town “Eurodistricts” where French and German towns will merge public transport and utilities.. via express.co.uk: Matteo Salvini is trying to … Read more
by TFittonJW We aren’t going away: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-calls-upon-office-congressional-ethics-investigate-whether-rep-schiff-rep-speier-disclosed-classified-information/ https://www.judicialwatch.org/press-room/press-releases/judicial-watch-files-house-ethics-complaint-against-maxine-waters-for-inciting-violence-and-assaults-on-trump-cabinet/ https://www.judicialwatch.org/press-room/press-releases/judicial-watch-files-senate-ethics-complaint-against-sen-cory-booker-for-purposely-violating-rules-in-releasing-confidential-documents/
Trump: Democrats Don’t Care About Crime. They Don’t Care About Americans Getting Stabbed
by QuantalyticsResearch US Stocks Global stocks are generally lower today, while the news from US-China talks has seemed positive, the lack of specifics today has led some to take profit after the recent strong rally The FOMC minutes released yesterday higlighted the Fed’s desire to go slow with rate hikes in 2019, saying the … Read more
https://twitter.com/andreascseh/status/1083071506022682624 https://twitter.com/OccupyWisdom/status/1083210318002774017 As Bloomberg's @TracyAlloway points out, the 10 yr U.S. Treasuries are about to go into a Death Cross. You probably wondered about all the 10 Yr Death Crosses and what they looked like on a $SPX chart. Here is that chart, annotated to save your dumb human brain time. pic.twitter.com/OwT7KCDPCU — OddStats (@OddStats) … Read more
by howmuch The U.S. economy is booming. Republicans think President Trump deserves much of the credit for cutting business and individual tax rates combined with a deregulation agenda. And Democrats believe former President Obama rightfully deserves ownership for America’s recovery. Regardless of who gets credit, our newest visualization of net compensation levels for American workers demonstrates that the economy is … Read more
via CNBC: The second-largest economy in the world is still borrowing billions from the World Bank. China gets below-market rates for projects financed with loans from the World Bank’s International Bank for Reconstruction and Development. The Trump administration backed a $7.5 billion capital increase for IBRD lending as the bank agreed to change its rules … Read more
via Gail Tverberg: Financial markets have been behaving in a very turbulent manner in the last couple of months. The issue, as I see it, is that the world economy is gradually changing from a growth mode to a mode of shrinkage. This is something like a ship changing course, from going in one direction to going … Read more
via Business Insider: German industry went into a sudden and unexpected collapse in November. The data is so bad some economists think it might be wrong. Nonetheless, they agree that Germany may have been in a recession for the last two quarters of 2018. Germany is the largest economy in Europe and the fourth-largest on the … Read more
via mishtalk: Four Fed presidents, three of them voting members issued dovish statements today. Please consider Fed Policymakers Say Wait On Further U.S. Rate Hikes. After months of tumult in the stock market and rising speculation over a coming recession, presidents of four of the 12 Fed regional banks said they wanted greater clarity on the … Read more
via Bloomberg: Lender is sued in tax case, gets deadline from watchdog Analysts say bank probably had a difficult fourth quarter First there were the raids at Deutsche Bank AG’s headquarters, then came the global market selloff. And the flow of bad news for Chief Executive Officer Christian Sewing is far from over. Germany’s … Read more
So, all that hype about christmas sales was, well, HYPE?!!! Who could have guessed pic.twitter.com/WPJwFkazGN — mcm-ct.com (@mcm_ct) January 10, 2019 Retail is puking all over itself, again pic.twitter.com/VF337CS52R — Alastair (@StockBoardAsset) January 10, 2019 Why are retailers getting crushed? Because they loaded up on inventory they couldn't sell and are now liquidating. Also means … Read more