Fund Manager: It’s Not The Powell Put – It’s The Powell Helium Pump

by Dave Kranzler of Investment Research Dynamics The stock market has gone “Roman Candle” since Fed Chairman, Jerome Powell, gave a speech that was interpreted as a precursor to the Fed softening its stance on monetary policy.  Not that intermittent quarter-point Fed Funds rate nudges higher or a barely negligible decline in the Fed’s balance sheet should be … Read more

The 3 Continents Driving Global Energy Demand

By Irina Slav Newly published data from the Energy Information Administration reveals that Asia, the Middle East, and Africa have been the biggest drivers of global energy consumption since the 1980s, the agency reports. Between 2010 and 2016 alone, energy consumption growth in each of these regions boomed by about 20 percent, the new EIA data … Read more

Trump SLAMS Reporter Over The Wall “NBC May Be The Most Dishonest Reporters Of All Time”

https://youtu.be/6TLk1M_k1K0 Trump SLAMS Reporter Over The Wall “NBC May Be The Most Dishonest Reporters Of All Time” trump today departs the white house and has some words for reporters outside the white house, trump departs white house today this is president trump news and president donald trump news he mentioned chuck schumer and nancy pelosi … Read more

Fed Chair ‘very worried’ about growing U.S. debt

Fed’s Powell says he’s very worried about amount of US debt from CNBC. via CNBC: “I’m very worried about it,” Fed Chairman Powell said Thursday. “It’s a long-run issue that we definitely need to face, and ultimately, will have no choice but to face.” Total U.S. debt is about $21.9 trillion, of which $16 trillion … Read more

May EU Elections Promising to be Major Issue

by Martin Armstrong Two more politicians in France have abandoned Macron and joined the right party of LePen ahead of the May European elections. Our sources in France are clearly revealing that the Yellow Vest movement has had a profound impact on politics. Macron’s promises to raise taxes on the rich are falling short because that just … Read more

SHUTDOWN DOOMSDAY SCENARIO

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

Democrats v Trump – The Mexican Stand-Off

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

Insured woman hit with $20,000 hospital bill

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

Robert Siciliano – More and More Data Breaches

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

Robert Paolini – Debunking Real Estate Myths

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

These Are the Five Wealthiest Self-Made Texans

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

Europe splitting in two: Germany/France form pact – Italy/Poland/Hungary form alliance against them

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

DEM ETHICS COVER-UP: Schiff broke rules on classified info, Maxine Waters incited violence against @RealDonaldTrump Cabinet, Cory Booker broke Senate rules that could require expulsion. Judicial Watch filed ethics complaints! Still waiting!

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/

Your AM Global Stocks Preview and a whole lot more news that you need to read: The global stock rally pauses as investors look for specifics from US-China trade talks

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

A Big Big beautiful, probably the most beautiful Crash is coming… and 99% of the smartest #investors will panic when it hits…

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

The Demise of the US Middle Class: Almost Half of All Workers Make Less Than $30K

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

China, Drowning in Debt, Still Gets Below-Market-Rate Loans From World Bank

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