Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Seattle house prices drop 4.4% in four months, biggest drop since Housing Bust 1; Prices deflate in San Francisco Bay Area, San Diego, Denver, and Portland. Some of the markets in this select group of the most spending housing bubbles in America have turned the corner, according to the S&P CoreLogic … Read more
“Socialism violates three of the Ten Commandments,” Shapiro told the crowd of mostly young activists and students. “Idolatry, because you’re not supposed to worship government, you’re supposed to worship God.” https://www.youtube.com/watch?v=LQzCVEwhytY&feature=youtu.be AC
by Geoffrey Grider President Donald Trump and first lady Melania Trump made a surprise visit to Iraq on Wednesday — their first visit to a war zone since the sitting president took office nearly two years ago. As President Trump continues to order massive airstrikes on ISIS as the US prepares to pull out from Syria, he and the First Lady made … Read more
Shocking Announcement – ‘We Have Enough For Wall!’ – Unique Way Found To Fund It ALL! Sen. Rand Paul, R-Kentucky, offered an incredibly unique — and obvious — way to fully fund President Donald Trump’s border wall. “Well, I would if we were to offset it with cuts somewhere and so what I’ve advised is … Read more
People who drink moderate amounts of alcohol or coffee and are overweight in their 70s live longer lives, according to researchers at UC Irvine Institute for Memory Impairments and Neurological Disorders. The researchers started a study in 2003 to look at what makes people live past 90. https://abc7chicago.com/health/alcohol-coffee-could-be-key-to-living-longer-study-finds/4969273/ h/t duFontaine.
by Graham Summers of Gains, Pains, & Capital The next crisis is here. And yes, it is a crisis. Ignore anything the media says about this, we are seeing selling that is on par if not worse than the 2008 collapse. And it’s not over by a long stretch. Most traders remain in complete denial about what is … Read more
via Twitter: #JOURNALISM: Also: UPDATE: Yahoo Lifestyle: Melania Trump gets mocked for wearing Timberland boots while visiting the troops. ANOTHER UPDATE: Flashback: Maher: I’m “Hoping” For “A Crashing Economy” So We Can Get Rid Of Trump, “Bring On The Recession.” The entire story told in three headlines. It’s definitely a classic. h/t GR
by David Haggith So, the bull market bounced back, right? Not so fast. When one appreciated reader suggested there would be a huge plunge the day after Christmas, given how badly the market plummeted the day before Christmas, I cautioned against that tempting thought. Herein are some warnings about bull traps in a bear market and … Read more
Brexit is back in the spotlight and not in a good way. The UK is going down a path of uncertainty and what is likely to emerge…is chaos. The resignations by several top deputies brings to light the divergence on how to proceed. The EU is prepared for no deal which would plunge the UK … Read more
by Michael Snyder According to the Department of Agriculture, if this government shutdown stretches into February there won’t be money for food stamps. And it certainly looks like this shutdown could last for quite a while, because President Trump is not backing down on his demand for border wall funding, and the Democrats have pledged … Read more
by Michael Snyder The Dow Jones Industrial Average just posted its biggest single day point gain ever. On Wednesday, the Dow shot up 1,086 points, which shattered the old record by a staggering 150 points. It truly was a remarkable day, and this is the sort of “Santa Claus rally” that investors had been hoping for. … Read more
by TFittonJW Full discussion vid: And the Judicial Watch release on Judge Lamberth’s discovery ruling: https://www.judicialwatch.org/press-room/press-releases/federal-judge-opens-discovery-into-clinton-email-usage/
by TFittonJW Here is discussion vid: And the Judicial Watch release on Judge Lamberth’s discovery ruling: https://www.judicialwatch.org/press-room/press-releases/federal-judge-opens-discovery-into-clinton-email-usage/
by SuchRush (Reuters) – Short-seller Citron Research on Wednesday backed Facebook Inc, saying the stock could hit $160 in 2019 as the company’s revenue and user base have seen little impact from the reported data scandals and privacy issues this year. Shares of the social network rose as much as 4.4 percent to $129.57 … Read more
via lifehacker: If you’re like many Americans, the recent swings of the stock marketaren’t necessarily keeping you up at night—only around half of us are invested in the stock market at all, and of that, “the top 10 percent of wealth holders in the United States own an estimated 85 to 90 percent of stocks,” according to the Washington Post. Rather, the … Read more
by Daisy Luther (Dec. 26, 2018) The preliminary numbers are in and it appears that Americans exceeded last year’s shopping frenzy with an even more extravagant one this year. Mastercard says that spending was up 5.1%over last Christmas, which brings us to an astronomical $850 billion spent between November 1st and Christmas Eve. Of these shopping sprees, online … Read more
Jim Hoft for the Gateway Pundit reports, David Kramer, an associate of Senator John McCain, invoked his Fifth Amendment right to not testify to Congress in connection to his role in distribution of the fake Russia dossier to the FBI. https://www.youtube.com/watch?v=_osqnaZnMFU Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018… The Daily Caller reported: A longtime associate of late Republican Arizona … Read more
And the world community cares little: http://archive.is/kLHzV (CNN) – As the Ebola outbreak continues to devastate the Democratic Republic of Congo, the minister of health visited affected areas to prepare for a third strategic response plan, which will cover the period from February to April, the ministryreported Thursday. “This constant adaptation of the national strategy demonstrates the dynamic … Read more
by Charles Hugh-Smith The net result is capital is impaired in eras of uncertainty. As we look ahead to 2019, what can we be certain of? Maybe your list is long, but mine has only one item: certainty is fraying. Confidence in financial policies intended to eliminate recessions is fraying, confidence in political processes that are supposed … Read more
by Jeff Clark, Senior Precious Metals Analyst, GoldSilver Editor’s Note: We thought it might be timely to reprint this May 2018 article from GoldSilver Senior Precious Metals Analyst Jeff Clark. In times of extreme market downside and volatility, the mainstream financial media will rush to attempt to convince you they have all the answers. And … Read more