“There Is No Middle Class Economy Anymore”
So a recession is looming? The natural chain of events is already in motion AC
So a recession is looming? The natural chain of events is already in motion AC
by Troy With the start of a new year, some of these market studies are going to look at the stock market in 2018 and see what that implies for 2019. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction by objectively quantifying technical analysis. For … Read more
by Michael Snyder Well, that sure didn’t take long. Many had been hoping that 2019 would be a calmer year for Wall Street, but so far that has not materialized. In fact, a surprise announcement by Apple has just sparked another wave of panic selling on Wall Street. In a letter to shareholders, Apple … Read more
by Charles Hugh-Smith This is the predictable path because it’s the only one that’s politically expedient and doesn’t cause much financial pain until it’s too late to stave off collapse. While many fear a war between the nuclear powers or the breakdown of civil order, I tend to think the Crisis of 2023-26 is more likely … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “We did not foresee the magnitude of the economic deceleration.” Oh dude, starting the year out on the right foot. On Wednesday after the market closed, Apple released a letter to shareholders in which it said that revenues are going to be a lot worse in the quarter ended December 29 … Read more
Authored by Michael Howell via CrossBorder Capital, • Global Liquidity falling at its fastest rate since 2007/08 Crisis • Over-zealous Central Banks are largely to blame. Not a broken banking system like 2007/08 Crisis • Squeeze evidenced by flat yield curves and negative ‘real’ term premia • In the US, the impact of ‘reverse’ QE … Read more
Mitt Romney wrote a hit piece on Trump, this was done on purpose. Mueller is in trouble with the Russian company he accused of Russian collusion.Rudy Giuliani says Assange should not be arrested.Austria says they will not be part of the European Army that Macron and Merkel want. NK has completely changed, Kim Jong Un … Read more
Money has always been concentrated. Whether it’s geographic concentration or in terms of the societal aspect. Today we see a wealth gap which hasn’t been observed or a very long time. The middle class is disappearing and the majority of individuals are finding their way out of cash and into poverty. The trouble is that … Read more
In total, roughly 650,000 pigs have died in China since the virus was detected in August. This includes direct victims as well as culled animals. In the map above are all reported outbreaks in China since August. In blue provinces there is either no outbreak or considered free of ASF again. https://marygreeley.com/?p=79724 https://www.youtube.com/watch?v=nglqDSz9twU
https://twitter.com/goldmarketgirl/status/1080546202310115328 https://twitter.com/OccupyWisdom/status/1080539471702118401 https://twitter.com/NorthmanTrader/status/1080565063822520321 Trump calls this a "Glitch"; He is sadly mistaken that credit cycle is rolling over. pic.twitter.com/ApWlsq9OSU — Alastair (@StockBoardAsset) January 2, 2019 Glitch? RIGHT? H/T: @_Lester_Davids pic.twitter.com/z92Nm0x5RM — mcm-ct.com (@mcm_ct) January 2, 2019 AMMM THANK YOU @hks55 pic.twitter.com/i5iqPn5Yg4 — Amit Noam Tal (@amital13) January 2, 2019
2019 starts out with $AAPL collapse — Alastair (@StockBoardAsset) January 2, 2019 Apple cut its revenue forecast for Q1, largely due to an unforeseen slowdown in business in China. This is a big deal – not only is it highly unusual for Apple, but it confirms the current bearish sentiment in markets. https://t.co/xcGdidHkKI — Lisa … Read more
by kattbollar I am sure many of you have heard about right-wing and conservative e-celebs being deplatformed from various platforms and payment services (Alex Jones, Sargon etc). Many of you may not support them, and that’s fine. I am not a huge fan myself. But this is not just about removing people on the … Read more
From Birch Gold Group This week, Your News to Know rounds up the latest news involving gold and the overall economy. Stories include: Main St. bullish on gold for 2019, market turmoil shows why you should own gold, and gold to remain an attractive diversifier in 2019. Survey shows Main St. bullish on gold in 2019, one-third of … Read more
MUST WATCH! Charlie Kirk Gives Three GREAT Reasons Why America Needs A WALL On Our Southern Border! It bothers the heck out of me that the Democratic Party not only oppose border security but that they also have an agenda for open borders. Why??? It makes absolutely no sense to me. AC
by Thinker The world is watching those who continue to commit crimes against humanity and children, that will be hunted down for the crimes committed and exposed at the highest levels. The “TRUTH” can’t die with a death, it only get “STRONGER” for MAGA and the World!!! https://thehill.com/blogs/blog-briefing-…g-sworn-in Where…We…Go…”1″…We…Go…All… Together we fight to build a wall, supporting the heroes … Read more
by Buck Rogers China has started ranking citizens with a creepy ‘social credit’ system — here’s what you can do wrong, and the embarrassing, demeaning ways they can punish you https://www.businessinsider.com/china-social-credit-system-punishments-and-rewards-explained-2018-4 China plans to rank all its citizens based on their “social credit” by 2020. Banning you from flying or getting the train. facial recognition … Read more
We’re officially in Bizarro World when Rudy Giuliani is right: Giuliani says that WikiLeaks publisher Julian Assange should not be prosecuted, citing the precedent of the Pentagon Papers. Rudy Giuliani, a lawyer for President Donald Trump, said Monday that WikiLeaks publisher Julian Assange had not done “anything wrong” and should not go to jail for … Read more
“IT’S NOT MY FAULT, IT’S NEUROBIOLOGICAL.” OK, OK, I get it, some companies make dangerously defective products, and yes, at the same time there are lawyers who look for anyone from which to squeeze a dime. But then again, sometimes plaintiffs are just plain stupid and will go to extraordinarily lengths to say “not my … Read more
by AnonDidNothingWrong The contracts of Ullrich Fichtner, an editor in chief, and Matthias Geyer, a chief editor, have been “suspended until the (magazine’s) internal commission has completed its investigation into the affair,” the editor in chief Steffen Klusmann said in an internal letter, of which AFP obtained a copy on Friday. On December 19, Der … Read more
The US government is now in its 12th day of an ongoing shut down, extending the political confusion that began in 2018. China’s PMI didn’t just show a slowdown, it showed a contraction. It wasn’t just visible in china, South Korea was contractionary for the 2nd month, Taiwan’s fell to a 3-year low, Malaysia … Read more