by Michael Snyder Many conservatives are absolutely furious that President Trump has reversed course and has decided not to fight for funding for a border wall. With the Democrats poised to take control of the House of Representatives in January, this was Trump’s last best chance to get border wall funding, and now the battle … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Existing home sales across the US drop 7% from a year ago, plunge 15.4% in the West. Sales of existing homes — including single-family houses, townhouses, condos, and co-ops — in November, dropped 7.0% from November last year, to a seasonally adjusted annual rate (SAAR) of 5.32 million homes, according to … Read more
Silver Doctors, Released on 12/19/18 Real estate expert Ben Jones says the 2008 Housing Bubble is still going on. If it is, we could see prices fall even lower than last time. Speculation and over exuberance has reentered the real estate industry, he says and predicts a major correction ahead. “It’s popping right now.” “You’re … Read more
by WARREN MOSLER Up some but the chart not looking so good: Highlights Mostly goods news finally greets the housing sector as both starts and permits are showing an uplift in November results that top Econoday’s consensus range. Starts jumped to a 1.256 million annualized rate for a 4-month high with permits at a 1.328 … Read more
by Shepyd Republicans are not happy about @realDonaldTrump tweet declaring victory over ISIS and withdrawing U.S. troops from Syria https://t.co/uUu4bmNbov — Andrea Mitchell (@mitchellreports) December 19, 2018 When presidents normally “wag the dog” they start a war. Trump is unique in all sorts of ways, including that he may now be wagging the dog by … Read more
Money manager Peter Schiff predicts, ““Americans are going to be impoverished on a national scale.” So, what is Schiff telling his clients to protect their wealth? Schiff says, “You’ve got to get money out of the U.S. dollar, out of U.S. bonds, out of U.S. stocks . . . which is what I am doing … Read more
via visualcapitalist: The real estate market is a location game. While forces like interest rates, demographics, and the economy help drive the housing market as a whole, the strength of your local market depends on other factors closer to home. When you zoom out to look at U.S. real estate from a bird’s eye view, you’ll … Read more
from Financial Survival Network Chris Vermeulen, the Gold and Oil Guy, joined us for a look at major markets. He says we’ll know very shortly whether we’re in a bear market. A couple more trading sessions should point the way. Gold is looking pretty good, but it’s not going to be straight up for it like … Read more
BTW, most people don’t know that remittances from the U.S. is the number one source of income for Mexican citizens. h/t DieHardOriginalist
by axolotl_peyotl The crimes of Big Pharma are certainly at the heart of the rot in society that has been festering for more than a century. Bayer and Monsanto represent this extreme corruption in a dramatic and visceral way, as they have been at the center of many of the greatest medical debacles of the … Read more
from Financial Survival Network Heather Wagenhals thinks this could be the merriest of Christmas for the online scammers. Their latest scheme is to redirect potential marks to sites that appear to be legitimate shopping sites. The unsuspecting victim believes they’re placing an actual order, but in reality they’re divulging their credit card info and personal information. It’s … Read more
by Kimble Charting Is the Banking sector sending a message that weaker economic times are ahead for the U.S. economy? Possible! click image to enlarge This chart looks at the Banking Index (BKX) over the past 25-years. It 2007 the index broke 11-year rising support and its 1-year moving average at (1). Once the index broke long-term support … Read more
For More Information See: https://www.wnd.com/2018/12/radio-sil… https://www.informationliberation.com… https://www.infowars.com/the-deplatfo… https://www.realclearpolitics.com/vid… https://www.infowars.com/emergency-le…
Josh Sigurdson reports on the recent attacks by the media on PewDiePie following another insignificant controversy. PewDiePie is the real deal. He started out a simple Swedish guy making strange noises on YouTube videos while playing video games. If you were his parents you would have rolled your eyes, but the joke would be on … Read more
by Shepyd BREAKING — US State Dep to withdraw its staff from Syria in 24 hours, US officials to Reuters — Ragıp Soylu (@ragipsoylu) December 19, 2018 Time for the McCain Neocons and Conservatives to come out. Can’t wait to hear Romney bitch about how this is unamerican. Time to hear the media bitch … Read more
by DCG Are they also going to ban belt loops? From US News: The Justice Department on Tuesday issued its final rule to ban bump stocks, making them illegal to own or sell. The reform, the first major gun-control action in recent years and the first of the Trump administration, comes after several recent mass shootings – … Read more
via Yahoo: BERLIN (AP) — An award-winning journalist who worked for Der Spiegel, one of Germany’s leading news outlets, has left the weekly magazine after evidence emerged that he committed journalistic fraud “on a grand scale” over a number of years, the publication said Wednesday. Spiegel published a lengthy report on its website after conducting … Read more
Air Freight & logistics index is getting crushed in a global slowdown. This tells me that any rally is not sustainable in stocks b/c global macro is quickly deteriorating pic.twitter.com/yOHBMpxb9E — Alastair (@StockBoardAsset) December 19, 2018 In a matter of months, Wall Street goes from trillion dollar companies, and price for perfect to now begging … Read more
by DCG Eric Swalwell nods in approval. From Daily Mail: French security forces are ready to smother the centre of Paris with a ‘last resort’ chemical weapon in a bid to keep protesters away from key buildings, it has emerged. Astonishing revelations about the debilitating powder – which can be spread across an area the size of six football … Read more
https://www.washingtonpost.com/technology/2018/12/19/dc-attorney-general-sues-facebook-over-alleged-privacy-violations-cambridge-analytica-scandal/ The attorney general for the District of Columbia filed a lawsuit on Wednesday against Facebook for allowing Cambridge Analytica, a political consultancy, to gain access to the names, “likes” and other personal data about tens of millions of the social site’s users without their permission. The lawsuit filed by Karl Racine, confirmed Wednesday by … Read more