Richest 1 per cent took 82 per cent of new global wealth last year, Oxfam report says Billionaire wealth rose by an average of 13 per cent each year between 2006 and 2015 – six times faster than wages of average workers More than 80 per cent of the all the wealth generated globally last year flowed into … Read more
World index on 312 trading day run without even a 5% correction. Almost double any other previous period since 1970! https://twitter.com/TihoBrkan/status/953609513650724865 Central Bank Asset Purchases, Net Monthly 2019: $0B2018: $50B2017: $100B2016: $160B2015: $130B2014: $60B2013: $125B#ECB#BOJ#BOE#FOMC Via @BearTrapsReport — Lawrence McDonald (@Convertbond) January 18, 2018 The $VIX vs stockmarket sentiment (inverted) pic.twitter.com/oSsnI10Bo9 — Topdown Charts (@topdowncharts) … Read more
US banks suffer 20% jump in credit card losses The big four US retail banks sustained a near 20 per cent jump in losses from credit cards in 2017, raising doubts about the ability of consumers to fuel economic expansion. “People are using their cards to get from pay cheque to pay cheque,” said Charles … Read more
House investigators concluded that Democratic IT aides made unauthorized access to congressional servers in 2016, allegedly accessing the data of members for whom they did not work, logging in as members of Congress themselves, and covering their tracks, according to a presentation summarizing the findings of a four-month internal probe. AC
This is what collapsitalism looks like.
by DCG From The Telegraph: Adulthood does not begin until 24, scientists have concluded because young people are continuing their education for longer and delaying marriage and parenthood. The traditional definition for adolescence is currently between and the ages of 10 and 19, which marked the beginnings of puberty and the perceived end of biological growth. But, writing … Read more
The market has been supported by central banks. The economics textbooks literally have to be rewritten after this is over. They have destroyed it completely. What a horrible shame this will be. In the meantime though…EVERYTHING IS AWESOME! Do you believe that people often forget about the ripple or domino effect? For example, they might … Read more
Authored by Tom Luongo, For years Italy’s Northern League kept to itself, being focused on secession rather than reform from within. That change began last year with their non-binding referenda to petition Rome for more fiscal autonomy. But, as the Italian parliamentary elections come into view, the Northern League is playing politics. And doing it well. … Read more
https://www.youtube.com/watch?v=hsi9RPzCDwY Mr. Strzok and Ms. Page from December 14, 2016 to approximately to [sic] May 17, 2017.” http://thehill.com/opinion/campaign/3… The process, he said, might take up to 19 congressional working days. https://www.theblaze.com/news/2018/01… Rudy Giuliani: Clinton Foundation “is a classic RICO enterprise”, Bribery Op https://www.youtube.com/watch?v=dSFzU… A Bombshell House Intelligence report exposing extensive FISA abuse could lead to … Read more
So the Dreamers are running the show for the Dems now? WTF? ————————————————————-?————————————————————-?– A key group of illegal immigrant “Dreamers” said Sunday that a deal lawmakers are considering to reopen the government with a promise to turn to immigration soon isn’t good enough, heaping more pressure on Democrats to keep the shutdown going. Dreamers staged … Read more
By the SRSrocco Report, Chinese demand for physical gold investment surged in the first three-quarters of 2017 while Americans ditched the shiny yellow metal for increased bets in the crypto mania and stock market bubble market. Even though China’s Hang Seng Stock Market outperformed the Dow Jones Index last year, Chinese citizens purchased the most gold … Read more
Ted Cruz @realDonaldTrump is right. We’ve voted to fund entire govt; Dems voted to shut it down. If Dems demand amnesty for illegal aliens as the price for reopening the govt & funding our military, we should just change the rules & fund the govt with 51 votes. End the #SchumerShutdown h/t IronWolve
by Steve St Angelo of SRSrocco Report As investors’ bullish sentiment moves up to euphoric levels, the markets are reaching extreme leverage. This is terrible news because a lot of people are going to lose one heck of a lot of money. According to CNN Money’s Fear & Greed Index, the market is now at the “extreme greed” … Read more
https://youtu.be/J1g-jlAma_s FLORIDA — Officials says an Improvised Explosive Device (IED) exploded at a Lake Wales, Florida shopping mall Sunday night. The bomb was detonated at the entrance of a JC Penny at the Eagle Ridge Mall. At 5:22pm the Lake Wales Fire Department responded to the mall, located at 451 Eagle Ridge Drive in Lake … Read more
via Callum Thomas Studying sentiment surveys can help not only in short-term stockmarket timing decisions, but also in understanding the broader mood of the market. Taking the longer term view that we use in this article really illustrates this point in that clear changes in regimes and climaxes in sentiment can be identified and utilized to enhance … Read more
More messages turned over from FBI agent taken off Mueller team; Others go missing… WASHINGTON (AP) — The Justice Department has turned over to Congress additional text messages involving an FBI agent who was removed from special counsel Robert Mueller’s investigative team following the discovery of derogatory comments about President Donald Trump. But the department … Read more
Media is nothing more then a play being performed for a bigger agenda. https://www.youtube.com/watch?v=EPot-6mHInY Published on May 30, 2017 Trump/Russia Collusion?; CNN Bias, Russia Hysteria, “Leaks”, Hearsay, and Hysteria. AC
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter An astounding list of the meltdown: PE firms doomed the retailers. One of the big forces in the brick-and-mortar retail meltdown are private equity firms that acquired retail chains via leveraged buyouts during the LBO boom before the Financial Crisis or more recently. Numerous of those retail chains have now filed for … Read more
by Charles Hugh-Smith This is one reason why I anticipate “unexpected” disruptions in the global economy in 2018. The mere mention of “central banks” will likely turn off many readers who understandably have little interest in convoluted policies and arcane mumbo-jumbo, but bear with me for a few paragraphs while I make the case for something … Read more
https://www.youtube.com/watch?v=GwRQbyPwVKU I doubt Hillary or Obama will go to prison. Don’t think we’ve ever jailed a president or ex President and Hillary has so much dirt on everyone, no man dares to go there. Not that I don’t think they should, I believe more than anyone they should go to jail, but consider this…. Benghazi, … Read more
by sundance Former federal prosecutor Joe diGenova outlines the majority of the events behind the unlawful surveillance of Donald Trump and each of the participating members within the FBI and DOJ corruption. In essence, during this 30 minute discussion, diGenova outlines much of the back-story and how FBI officials Bill Priestap, Peter Strzok, Jim Baker, Andrew … Read more
Amid the worldwide move into cryptos and the continuing interest in peak stocks, the global demand for tangible base metals like Zinc is only growing – while at the exact same time global inventories dwindle. In fact the PHYSICAL Zinc stockpile at the London Metals Exchange has done something very, very strange over the past … Read more
Authored by Mike Shedlock via MishTalk, Facebook will now let users rank the credibility of stories. Expect partisan ratings. In an move that supposedly will weed out fake news, Facebook to Let Users Rank Credibility of News. “Facebook said on Friday that it planned to prioritize high-quality news on the social network by allowing its users to … Read more
https://www.youtube.com/watch?v=KNcgkBWEvR4 http://www.capoliticalreview.com/top-stories/permanent-water-rationing-is-coming-to-california/