The stakes are enormous. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. With just 80 days remaining until Brexit Day, March 29, nerves are fraying on both sides of the English Channel. Nowhere is this more true than in the City of London where the Square Mile’s dominance of the global financial industry faces … Read more
My most requested table is finally here. Here is every prior Bear Market in $SPX history (-20% drop from a unique All Time High) with dates/notes on the initial bounce after first entering Bear territory and then what it did next. The NOTES column is the most important. pic.twitter.com/W3Y1hom8tH — OddStats (@OddStats) January 8, 2019 … Read more
George W. Bush declared 13 emergencies and Barack Obama declared 12 — nearly all of which are still active today. Bill Clinton declared 17 national emergencies, six of which are still active. Ronald Reagan declared six and George H.W. Bush declared four — but all of those have been revoked by now. The first declaration … Read more
by John Rubino Money manager Michael Pento has been bearish on both stocks and bonds for some time. 2019 is the year, he says, when the big crash finally arrives. Some Predictions for 2019 Bond Yields Continue to Fall in First Half of Year The bond bubble continues to build and become a dagger over the worldwide … Read more
It is not going well for Theresa May, she has now set the date for vote on Jan 15. The auto apocalypse is now hitting Germany, China and the rest of Europe and don’t forget about the US. People are not buying new cars as they use to. German industrial production has declined. Job opening … Read more
The ever decreasing right to privacy on the Internet is entirely by design, we need the right to compensation for gross violations by companies like Facebook and Google to slow the tide. via eff.org: It is not enough for government to pass laws that protect consumers from corporations that harvest and monetize their personal data. It … Read more
Acosta: “Can you promise the president will tell the truth tonight?” Conway: “Yes, Jim. Do you promise that you will? This is why I am one of the only people around here who even gives you the time of day…because you’re such a smartass most of the time” https://twitter.com/BreakingNLive/status/1082775008634638337 h/t LSR
From Bloomberg: Palladium’s premium to platinum jumped to a record, building on its ranking as the best-performing metal of 2018. Shortages of the metal used in autocatalysts for gasoline-fueled vehicles sent its price to yet another all-time high, widening the price difference with rival platinum to more than $500 an ounce on Tuesday. Most analysts don’t see supply … Read more
via James Rickards In 2017, every prominent economic forecasting entity was shouting from the rooftops about “synchronized global growth.” This was a reference to the fact that not only were certain economies growing, but they were all growing at the same time. Chinese GDP growth had come down but was still substantial at 6.85%. U.S. GDP growth … Read more
by Mark M. In the past four years since my retirement I have sent countless e-mails to family and friends about the history and the future of what the international Banksters and their spawn, our own national wealth vampire blood suckers the FED, have wrought and the circling economic EVERYTHING BUBBLE drain hole they are … Read more
Jim Jordan and team wrote a letter to Huber that he needs to hand over material they requested. The DS is catching on that Mueller might not be working for them and that he might come up with nothing. [HRC] tweets that we need to stop corruption in DC by passing a bill. Army getting … Read more
This is the Navatics Mito: Both units have built-in lighting to overcome the underwater murk, are connected to their remote control via a tether, which, assuming it doesn’t break, will likely come in handy finding the unit if its remote stops working. (Been there, done that, recovered the airborne drone from my roof.) h/t … Read more
By Tom Kool Crude oil prices continued to rise on Tuesday, making the most recent rally the longest in 17 months. (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) – The Henry Hub natural gas price jumped by 15 cents in 2018 to an average of $3.16/MMBtu. Spot prices spiked in … Read more
By Tsvetana Paraskova Oil-related crimes in Nigeria cost the African OPEC producer US$2.8 billion in lost revenues in 2018, News Agency of Nigeria (NAN) reported on Tuesday, citing a United Nations report on West Africa. “Oil-related crimes resulted in the loss of nearly 2.8 billion dollars in revenues last year in Nigeria, according to government figures,” says … Read more
by Jesse “On April 3, Nina Dang, 24, found herself in a position like so many San Francisco bike riders — on the pavement with a broken arm. A bystander saw her fall and called an ambulance. She was semi-lucid for that ride, awake but unable to answer basic questions about where she lived. Paramedics … Read more
from Zero Hedge Yesterday, when we reported that Trump would make an impromptu TV appearance at 9pm today to address the nation to make his case for a wall on the southern border, we asked whether Trump would “finally put an end to the impasse over the Wall funding and announce that he will invoke a “national emergency” … Read more
by Sean of SGTreport THIS IS WHY THE GREAT AWAKENING TERRIFIES THEM… I was contacted by two western medicine MD’s and a Silicon Valley insider over the past week. The Doctors have gone through a painful and vast awakening and wanted to share their stories with me. Despite WaPo’s best efforts to characterize the alternative media’s research as … Read more
via visualcapitalist: For the vast majority of investors, it makes sense to hold a diverse portfolio of investments. But, unless you are willing to go out and individually pick 20 different securities yourself, it’s likely you will be relying on financial products like mutual funds and ETFs to accomplish this diversification. What is the difference between … Read more
https://www.youtube.com/watch?v=xT6nhViXxco Bravo Italy
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter OK, this is embarrassing in the land of super-stimulus via the ECB’s negative-interest-rate policy and years of QE that were supposed to perform miracles: Production in Germany’s industry, which includes construction, dropped 1.9% in November from the prior month (seasonally adjusted), the German statistical agency Destatis reported this morning. This drop is also … Read more