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via Reuters: China will step up fiscal spending this year to support its economy, focusing on further cuts in taxes and fees for small firms, finance ministry officials said on Wednesday. Mounting pressure on the world’s second-biggest economy pushed growth last year to its lowest since 1990 even as Beijing stepped up stimulus measures and spurred … Read more
‘Exceptional period of growth’ is done in US, JPMorgan global market watcher warns from CNBC. via CNBC: One of Wall Street’s largest investing firms warns that a global growth slowdown could sink the U.S. into recession this year. According to J.P. Morgan Asset Management’s Ben Mandel, it’s a risk pushing the firm to turn cautious … Read more
Risk of bear market in 2019, Yale’s Shiller says from CNBC. via CNBC: “There is a feeling that the stock market might be due for some deflating now because it’s been a long time, and we’ve seen some hints of it and we haven’t seen the real deflation yet,” he told CNBC at the World … Read more
by OB1_kenobi So what does that mean? It means that everything CNN does is done under the guidance of someone who’s got their eye on the ratings and on profits. The profit motive leaves it’s mark on everything they do. It means CNN tells the news as a secondary purpose… because the most important thing is … Read more
by Graham Summers of Gains, Pains, & Capital The market rig is now over. The pundits on TV attributed last week’s rally to “investors” buying stocks based on perceived “value,” but the reality is that it was a desperate market rig by Wall Street to game options expiration. Wall Street has been running this game for decades. The … Read more
“I think it’s a mistake for conservatives to not take her seriously, to brush her off as a flash in the pan, or an upstart… Shes as close to a thought-leader as the democratic party has today.” BFD
With Rapid DNA machines, genetic fingerprinting could become as routine as the old-fashioned kind. But forensic experts see a potential for misuse. BENSALEM, Pa. — They call it the “magic box.” Its trick is speedy, nearly automated processing of DNA. “It’s groundbreaking to have it in the police department,” said Detective Glenn Vandegrift of the … Read more
Going for the big time. Terrorist death threats and terrorist charges.. can carry 20 years in prison. also going after those inciting violence Just Breaking on Fox news. https://www.thegatewaypundit.com/2019/01/ky-prosecutor-confirms-multiple-investigations-underway-into-twitter-users-for-terrorist-threats-against-covington-kids/ Rob Sanders, a Kenton County Prosecutor, confirmed Tuesday that there are multiple investigations into Twitter users who made terroristic threats against Covington Catholic High School. “We’ve … Read more
by Martin Armstrong There is an undertone lurking behind the rise of Donald Trump in the US, the Brexiteers in the UK, Marine Le Pen in France, political re-alignments in Denmark, and the election of Jair Bolsonaro in Brazil. Additionally, there is the change in governments in Mexico, Malaysia, and the civil unrest in Romania. They … Read more
Happy to be on @foxandfriends at 645 this morning to discuss next steps in #StandWithCovington libel lawsuit. — Robert Barnes (@barnes_law) January 23, 2019 VIDEO: 31:09 https://www.youtube.com/watch?v=BJ_Fv9ilVko&feature=youtu.be&t=1869 https://twitter.com/GMan_1776/status/1088052790872682497 h/t KOS
The government shutdown faces mounting lawsuits, including over ‘involuntary servitude’ from CNBC. via CNBC: If the partial government shutdown continues through this week – and there is no end in sight – Friday will mark the second paycheck missed by affected federal workers, whose household budgets have been completely upended. An estimated 800,000 government employees … Read more
International best-selling author, journalist and counter-intelligence expert Daniel Estulin contends, “First thing you’ve got to understand is you’ve got to back Trump. Trump is not a person. I am not a card carrying Republican. People have to understand that our only way out of this is to make sure Donald Trump actually stays President of … Read more
DELETING your social media won’t stop tech firms from tracking your every move. That’s the terrifying conclusion from a new study that investigated how apps like Facebook and Twitter can follow people who don’t even use social media sites. Last year saw Facebook admit to a number of privacy blunders that left tens of … Read more
Super Rich Americans Are Getting Younger and Multiplying (Bloomberg) — The rich are getting richer, and younger. A survey of U.S. investors with $25 million or more finds their average age dropped by 11 years since 2014, to 47. These fabulously rich Americans, whose ranks have more than doubled since the depths of the Great … Read more
Kentucky town reels from fallout over viral National Mall faceoff PARK HILLS, Ky. – Residents of this affluent northern Kentucky town emerged from a turbulent holiday weekend with a question: How did a viral video showing local students interacting with a drumbeating Native American man on the steps of the Lincoln Memorial suck their community … Read more
by Michael Snyder It appears to be more likely than ever that the U.S. economy is heading for a recession. On Tuesday, the Dow Jones Industrial Average was down 301 points as investors were rattled by several very important pieces of news. Back in 2008, home sales began to fall precipitously just prior to the … Read more
by Michael Snyder More than anything else, wearing a MAGA hat is a way to publicly identify yourself as a Trump supporter. Of course other politicians have used apparel to promote themselves in the past, but when Donald Trump introduced the red MAGA cap early on in his presidential run, it changed everything. Today, the … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Here’s how a soon-to-be bankrupt company that’ll default on all its debts can still borrow $5.5 billion. PG&E, the largest gas and electric utility in California, announced on January 14 that the holding company, PG&E Corporation, and its regulated utility subsidiary, Pacific Gas and Electric Company, would file for Chapter 11 bankruptcy … Read more
by Charles Hugh-Smith Combine sky-high commercial rents in homogenized, gentrified urban areas and sharp declines in the incomes of the limited populace who can afford gentrified urban areas and what do you get? A number of macro dynamics have set up gentrified urban America for a big fall in the coming recession. What does gentrified mean? … Read more