There is a setup for a strong economic contraction, the cycle seems to be rolling over right now but it might take a bit of time yet.

by SpontaneousDisorder   The main indicators to look for will be a severe drop in the stock market and steepening of the yield curve. The yield curve is quite flat, the 5yr/2yr is inverted but the rest is not. But a steepening of the curve would probably still be a strong indicator the economy is going … Read more

NPR: “The Russia Investigations: An Unfinished Case Looks Weaker Than Ever” Russia Collusion Collapse

via NPR.org: This week in the Russia investigations: Michael Cohen was sentenced to three yearsin prison … Maria Butina pleaded guilty … but the finish line looks no closer The shifting sands Political and legal danger for President Trump may be sharpening by the day, but the case that his campaign might have conspired with the Russian attack … Read more

Federal Judge In Texas Rules Obamacare To Be Unconstitutional, Next Stop Supreme Court For Affordable Care Act

by Geoffrey Grider U.S. District Judge Reed O’Connor in Fort Worth sided with the argument put forward by a coalition of Republican-leaning states, led by Texas, that Obamacare could no longer stand now that there’s no penalty for Americans who don’t buy insurance. The U.S. Supreme Court had upheld the law in 2012, by classifying … Read more

Yellow Vests march under ‘Macron resign’ motto, huge numbers of police deployed

It’s very cold in Paris today, about freezing temperature. Rain due later. A lot of protesters out there on the Champs Elysées. Weekly French Riots just starting again soon https://www.facebook.com/RTnews/videos/1162291983949509/?hc_ref=ARRi4zU1ZXwsRPJUqhkzpS-SG6fanvXvPCehtr_sMIVMsGfgxBoQKgaU6g1udxGLbCQ&__xts__%5B0%5D=68.ARDvo4MnWaU6m8ohkhWtQlapcJF7b0_CSMpeOB4gvBc8GobsjGm2ddCv8r_Ip7nHweYUzVzFUVBgMVE213h-kNP9tm7aJRw71o7b0Ua0-Xr17Wv_aHnJ0a5JReGcP-957mz-pP6-SmBDS6b9kxIyjf6c7mibvdPAnDo85vsivnielkR6HSFO91qa6n9cludfF0HhA3nds4kelm8wxVbzlXnlPtv5j__BjbcNjZ5R3gczgwY63xK4vCFxJ9S5ZAvhSPh_Pdd7M2va-nsfKDGpa9xvB7Esf0z0715egRyksFvXwCi-OJXRXr_TIoTRUKUG8t_BOzFPY7iHC_ZspsORUlBtFZ1B2yfs&__tn__=FC-R   LE PEN OUT POLLS MACRON https://www.youtube.com/watch?v=m9OZGmycKfk   h/t Concorde Warrior F-BVFA

Winter is Coming to Commercial Real Estate

A commercial real estate developer shares his insights on how to prepare for it. By John E. McNellis, Principal at McNellis Partners, for The Registry: On Friday, the S&P 500 was down 2.8% for the year. Like a dead rat in the basement, everyone can smell the next recession, everyone knows it’s coming, but no one knows … Read more

FLASHBACK TO 2013: The FEC levied one of its biggest fines ever against Obama for campaign finance violations. Oddly, there

FLASHBACK TO 2013: The FEC levied one of its biggest fines ever against Obama for campaign finance violations. Oddly, there was no talk of impeachment then. via usnews: BARACK OBAMA’S presidential campaign has been fined $375,000 by the Federal Election Commission for violating federal disclosure laws, Politico reports. An FEC audit of Obama for America’s 2008 records found the committee … Read more

Million Plus NJ Gun Owners Defy State Law, Refuse to Turn Over Banned Gun Mags

via ammoland: Opinion Over one million New Jersey Gun owners defy Governor Murphy’s gun magazine ban & turn in demands of what some estimate is easily more than ten million now illegal standard capacity gun mags. New Jersey’s standard capacity magazine ban is now in effect making New Jersey’s one million gun owners criminals in the … Read more

Giant impact crater found under Greenland ice

by axolotl_peyotl Alternative historians have long theorized that an event around 12,000 years ago decimated the human and animal population. Mainstream historians dismiss this theory absent a significant catastrophic event from that era…but now it’s been found!   To say this discovery is narrative-changing may be an understatement, as analyzing this event may ultimately cause … Read more

“Something Is Wrong Here”: U.S. Stocks Plunge Again And Are Having Their Worst Quarter In 7 Years

by Michael Snyder The Dow Jones Industrial Average plummeted another 496 points on Friday as panicked investors continue to pull billions of dollars out of the stock market.  With less than two weeks to go until Christmas, the markets are not supposed to be experiencing this kind of turmoil, but it is happening and there is … Read more

Tom Wheelwright on the benefits of the new tax bill

WilsonInvestmentProp, Released on 12/14/18 In this episode, Tom Wheelwright covers the benefits of the new tax bill, which he also covers in the new version of his best selling book, Tax Free Wealth. Tom also covers the impact of opportunity zones, trade wars, and mid-term elections on tax and investment trends. Tom sheds light on … Read more

Leveraged loans trading above par…..where were investors brains most of the year prior to October?

Leveraged loans trading above par…..where were investors brains most of the year prior to October? This is QE cognitive dissonance…. pic.twitter.com/1kACLUv67F — M/1_LP (@MI_Investments) December 14, 2018 The $2.53B withdrawal from US #leveragedloan funds this week? The largest on record. YTD: +$3.7B pic.twitter.com/S2U5JXHgI5 — Leveraged Loans (@lcdnews) December 13, 2018