Tariffs, Congress

by WARREN MOSLER Imports are real benefits, exports real costs. Seems everyone of consequence has it backwards? A collapse in global trade can make 2008 look tame:

Rand Paul Claims The Deep State Is Trying To Run Congress

Via The Daily Caller Republican Sen. Rand Paul of Kentucky said the deep state is exerting power over Congress and keeping information from him regarding the murder of Saudi journalist Jamal Khashoggi. Paul was discussing the highly anticipated Senate testimony of CIA Director Gina Haspel on “America’s Newsroom” Tuesday and said he and other lawmakers are being kept … Read more

Digital-media bubble bursting? Cash turns King

With the tragic demise of local newspapers, places like Mic have become the entry point into the craft for a lot of young journalists. What’s more, their newsrooms have been admirably diverse, a diversity that their journalism has admirably reflected. As they go under, such entry points disappear. And the journalists who have been through … Read more

Credit Problem Developing in US… Gundlach: Yield Curve Inversion Means Economy Is About to Weaken

CDXIG5Y led this $VIX explosion – please be careful there is a credit problem developing in US pic.twitter.com/PfrPIUs7EO — Alastair (@StockBoardAsset) December 4, 2018 JPMORGAN'S DIMON SAYS SHARE BUYBACKS SHOULD NOT BE DONE WHEN STOCK IS EXPENSIVE now he tells us — zerohedge (@zerohedge) December 4, 2018 BofA's favorite chart implies VIX 40 pic.twitter.com/kerIqE0kuQ — … Read more

Opinion: Elliott Wave theory suggests an unsettling event will occur in the stock market

via marketwatch: We’re due for a prolonged bear market I often read articles, along with the comments, to gauge the stock market’s sentiment from an anecdotal perspective. I recently noticed a quote by investor Sir John Templeton: “For 100 years optimists have carried the day in U.S. stocks. Even in the dark ’70s, many professional money … Read more

Market Falls Hard…

by Chris Well, there’s a dozen reasons for why the markets are falling hard right now, so it’s hard to really pinpoint any one of them as being the most important. Flat yield curve, housing in rapid decline, trade “decisions” with China that turned out to be anything but and very prematurely announced. Add it … Read more

The Stock Market Is Suddenly Taking A Nose Dive – Here’s Why

from Zero Hedge Earlier this morning, Nomura’s Charlie McElligott noted something which in retrospect was quite prophetic: the cross-asset strategist highlighted that his Risk Parity model showed that the market’s most important strategy is in “de-risking” mode as the economic cycle turns sharply: In a positioning confirmation / “nod” then to this growth- and inflation- slowdown scenario, it … Read more

Get Woke, Go Broke? DICK’S Sporting Goods Warns Investors That Decision To Get Rid Of Guns Cost Company Dearly

Dick’s Sporting Goods is warning investors that its decision to remove certain “assault-style” weapons from its Field & Stream stores cost it dearly and may limit its future gains. The sporting goods retailer was forced to confront angry shareholders late last week after its stocks tanked more than 4.5% and financial conglomerate J.P. Morgan Chase … Read more

Imagine a French Hillary Clinton…

By Bill Bonner BALTIMORE, MARYLAND – The historic powwow at the G20 in Buenos Aires last weekend could turn out to produce some positive results. At least the Chinese and the Americans are thrashing around. Maybe they’ll knock down a trade barrier or two by accident. But the good news this week is that nothing … Read more

Globalism REJECTED: Trump Makes a Bold Stand and Chaos Erupts In France

https://www.youtube.com/watch?v=8kgMybPpSLQ For More Information See: https://www.independent.co.uk/news/wo… https://www.dw.com/en/france-suspends… https://twitter.com/MaxBoot/status/87… https://twitter.com/JoyAnnReid/status… https://twitter.com/anneapplebaum/sta… https://twitter.com/RichardHaass/stat… https://www.theglobalist.com/macron-y… https://www.zerohedge.com/news/2018-1… https://unfccc.int/process-and-meetin… https://www.washingtonpost.com/politi… https://www.infowars.com/watch-live-p…    

The entire world is panicking, volatility jump, rate cuts in 2020?

the entire world is panicking pic.twitter.com/jYx6TJJkpG — Alastair (@StockBoardAsset) December 4, 2018 https://twitter.com/xiscan1/status/1070017959119282176 The Treasury Department's cash In recent days – around 340 billion USD, by the end of the year should stand at 441 billion USDThis means that 70 billion dollars will be taken out of the market in the coming month from the … Read more

Showdown Looms on Federal Spending, Border Wall

by moneymetals U.S. government agencies could run out of operating funds starting on midnight this Friday, December 7th. At issue: President Donald Trump’s proposed border wall. He wants Congress to commit $5 billion for construction of a wall along portions of the U.S.-Mexico border. The migrant caravan that recently attempted to crash the border near Tijuana … Read more