by Charles Hugh-Smith Add up Fragmented, Unevenly Distributed, Asymmetric and Opaque and you get a world spinning out of centralized control. Here are the key dynamics of 2019: fragmented, unevenly distributed, asymmetric, opaque. Want to know what’s happening with inflation, deflation, recession, populism, etc.? It depends on what you own, when you own it, where you … Read more
The stock market has gained on Monday’s trading session after absolutely nothing happened to cause it to move upward. Wait, what did I say? You heard me correctly. The market is anticipating good news coming out of the trade talks and so the market has risen. What information do they have? Non whatsoever. But if … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But this time it’s not a result of a tech bust. That hasn’t happened yet. Housing inventory listed for sale in the two counties that make up Silicon Valley – San Mateo County and Santa Clara County – and in the county of San Francisco, surged by 113% in December compared … Read more
https://www.youtube.com/watch?v=IApJYmPDcT0 Jan. 7, 2019– Mary Greeley News – At least nine states are now affected by gasoline shortages, a situation which President López Obrador says is the result of the government’s new strategy to combat petroleum theft. https://marygreeley.com/?p=79921
https://www.youtube.com/watch?v=d4X3U3dXn5M Jan. 7, 2019– Mary Greeley News – (Reuters) – Chalk it up to years of corporate disconnection from reality, but Pacific Gas & Electric (PG&E) is reportedly now facing bankruptcy after being suspected a culprit of the last devastating Californian wildfires. https://marygreeley.com/?p=79896
Yet another example to add to a pile of data that demonstrates why CNN is THE most trusted name in FAKE “news.” https://www.youtube.com/watch?v=NmvPTXItt8U
WELL, GOOD: Tax Refunds Will Be Paid During Shutdown, White House Says. “New policy meant to ‘mitigate the impact’ of shutdown, Vice President Mike Pence says.” The decision, announced Monday by the White House Office of Management and Budget, would remove one of the biggest potential pains for Americans from the shutdown and allow hundreds of billions … Read more
This Zerohedge article makes the case that the only way for China to avoid a stagnant economy is to back the Yuan with gold. Further, the only way the Yuan can become the global reserve currency and destroy the dollar is to back the Yuan with gold. I believe this is the real issue between … Read more
by John Rubino 2019 is looking like one of those either/or years, where growing financial instability leads to either a 2008-style financial crash or another round of asset inflation. In Jay Taylor’s latest newsletter, he concludes that both scenarios are good for gold: Which Safe Haven Markets Will Dominate in 2019? If we are, as I … Read more
Private Companies Are Paying to Keep Yellowstone Clean During Shutdown: They have a profit-based incentive to keep the tourists coming. Nearly three weeks into the government shutdown, some of America’s national parks are starting to get a bit rank. Access is free, since there are no employees to collect the typical $35-per-vehicle entrance fees, but … Read more
by Jesse Colombo Bloomberg just published a piece explaining why the post-Great Recession U.S. auto sales boom is coming to an end: Carmakers have enjoyed an extended run of near-record U.S. sales and fat profits. But this year, it looks as if the party really will start to end. Interest rates are on the rise. The average price of a … Read more
See the analysis from Reuters here: Global investment banking-related activities generated an estimated US$102.6 billion in fees during full year 2018, a 4% decline compared to full year 2017. The Americas led all other regions by fees, contributing half of the global pool with US$51.2 billion. Imputed fees in the EMEA region reached US$25.9 billion, posting … Read more
According to the article, “MSNBC, NBC and ABC have not confirmed plans to air President Trump’s Oval Office address to the nation regarding the government shutdown.” This is a very big deal IMO if they go through with this… the people who believe Trump is an evil racist will probably be okay not watching the address, while … Read more
via RT: China’s population is set to peak at 1.44 billion in 2029 before beginning an “unstoppable” decline in 2030, according to a shocking new report. Data hints that India may already be the most populous country in the world. According to the ‘Green Book of Population and Labor‘ published by the China Academy of Social … Read more
https://www.youtube.com/watch?v=tXylS5OvETA The Fed is not behind the curve, they are the curve this is all designed to transfer wealth to the very rich if people can’t see the manipulation by now I doubt if there is hope for them AC
The people economy is declining very rapidly right now, the MSM is pushing their agenda calling for a recession during the elections. Trump and the patriots already know the plan, they have planned for this. There is a great restructuring coming to the central banks and to the world, phase I has just begun, the … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This is getting serious. Sales of new passenger vehicles, as measured by registrations, dropped 5.5% in December from a year earlier in the UK, the second largest auto market in the EU, behind Germany. Sales in the full year of 2018 dropped 6.8%, “reflecting 12 months of turbulence,” and “the ongoing … Read more
In what is sure to lead to another weekend of protests across France (Act Nine of the Yellow Vests movement), French authorities arrested the de-facto leader of the Gilets Jaunes for leading an unauthorized demonstration. According to the Wall Street Journal, Eric Drouet, a truck driver from the suburbs of Paris, was arrested in Paris … Read more
by jacob2815 This probably won’t come as a surprise to many, but I found it kinda funny how blatantly obvious it is. I was looking for some cheap bluetooth earbuds. Came across this pair that had great reviews. Five star average reviews with over 200! I noticed that literally every review of the 200 was 5-stars. … Read more