Official China press release vs Official WH release after G20 dinner
via @chigrl: Full WH statement:
via @chigrl: Full WH statement:
BYRON YORK: Remember Prague? In Michael Cohen plea deal, Mueller says nothing about key collusion allegation. When news broke that Michael Cohen pleaded guilty to lying to Congress about his 2016 meetings concerning the failed Trump Tower Moscow project, the chattering class instantly began talking about the failed Trump Tower Moscow project. Of course that … Read more
Normally the hosting state sends the military honor guard to welcome the dignitary to their country when they disembark the plane. I guess French President Macron did not deserve such a distinction when instead it was airport staff at the door and on the tarmac that greeted him. Meanwhile, with eggs getting thrown on him … Read more
Via Casey Research Justin’s note: “Alexa, did you witness a murder?” Most people would never ask their Echo device this question. But authorities in New Hampshire believe an Echo smart speaker may have recorded audio during a double murder that took place last year. The judge in this case even asked Amazon to turn over audio … Read more
Via ZeroHedge Payless tricked a group of fashionistas into buying their low-cost shoes for Madison Avenue prices. The company opened a fake store at a former Armani location in Santa Monica, California under the bogus label “Palessi,” and invited discriminating high-end shoppers to a fake launch party. VIP shoppers paid as much as $645 for shoes … Read more
via Katherine Greifeld and Emily Barrett As bond traders scale back Federal Reserve rate-hike expectations, one section of the U.S. yield curve is on a fast track to inversion. The spread between 3-year and 5-year Treasury yields shrank to less than 0.1 basis point on Friday, the smallest gap in more than a decade. It may turn negative by the … Read more
Professor of Economics and Law, William Black, who was a top regulator in the S&L crisis, says, “Deutsche Bank is one of the potential sources of the next recession, and you can see lots of people warning that there are signs that a serious recession is pretty likely relatively soon. . . . The whole … Read more
After hundreds of people were arrested and injured during Saturdays’ Yellow Vest protests, government is now mulling all options as a response. That includes a state of emergency, a spokesman confirmed. “It is out of the question that each weekend becomes a meeting or ritual for violence,” Benjamin Griveaux told Europe 1 radio on Sunday. … Read more
https://twitter.com/magotrader/status/1068955761819176960 The $SPX Death Cross via the popular 50 and 200 day is just overhead /11 pic.twitter.com/G3zJauNc0X — mcm-ct.com (@mcm_ct) December 2, 2018 The $SPX island top trendlne comes in overhead and conincides with the current ramp channel /12 pic.twitter.com/c345po90rK — mcm-ct.com (@mcm_ct) December 2, 2018 PMIs outside the US peaked in late 2017/early 2018 … Read more
by Troy The U.S. stock market rallied last week and is now sitting just under its 200 day moving average. Source: Investing.com The economy’s fundamentals determine the stock market’s medium-long term outlook. Technicals determine the stock market’s short-medium term outlook. Here’s why: The stock market’s long term is bullish, but this will change in 2019. The … Read more
And does trump say “Get me outta here” at the 15 second mark? #Argentina’s President Mauricio #Macri was left alone on stage on Friday (November 30), amid a misunderstanding with U.S. President Donald #Trump which saw the American walk away during a photograph opportunity. Both leaders were shown shaking hands in front of photographers before … Read more
by Thinker In 2011, Mike Maloney was lucky enough to interview Congressman Ron Paul, the politician who ran for president of the United States three times. On his third time around, the mainstream media treated him the way they did Donald Trump and there were media blackouts on the biggest events. Like the current POTUS, … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This is not exactly slow motion anymore. In Greater Sydney, Australia’s largest housing market, the housing bust, after a terrific housing bubble, is gaining momentum. In November, according to the CoreLogic Daily Home Value Index: Prices of single-family houses dropped 9.2% year-over-year. Prices of “units” (condos) fell 5.5%; Prices of all types of … Read more
by Egon von Greyerz Both Western and Eastern central banks are now fully supporting gold. Precious metals investors can with total confidence buy and hold physical gold, silver and platinum in the firm knowledge that central banks both in the West and the East will by their actions guarantee that the price can only go up. … Read more
ECRI Recession Alert in Negative territory 🔻-4Indicates Recession or a Plunge on track> pic.twitter.com/VPVVS9OMgO — Antonio Pérez-Algás (@apanalis) November 30, 2018 📌Margin Debt and S&PTop this time? or not? Without a severe Decline?Amazing pic.twitter.com/JHWarCpMcb — Antonio Pérez-Algás (@apanalis) November 30, 2018 🧐US Yield Curve on a brink to reach the goal: be Inverted (2Y5Y 2Y10Y) … Read more
SPX stops are hit, Bulls have the bag now. DJT must deliver or there will be a blood bath on Sunday night pic.twitter.com/D4BsxZXIKy — xTrends (@xtrends) November 30, 2018 Speaking of bear markets, here is what SKEW index tells us about it. pic.twitter.com/YSPKG6ecPQ — xTrends (@xtrends) November 30, 2018 https://twitter.com/magotrader/status/1068648540375789568 🧐No much progress for the … Read more
by John Adams from Adams Economics In the past week, economist and former political advisor John Adams visited Australia’s Federal Parliament to speak to politicians about how sick the Australian economy is and how this will result in a devastating Economic Armageddon. John Adams told the politicians that it is better, and in the national interest, if they … Read more
This article was written by Dave Kranzler and originally published at Investment Research Dynamics Will GE be the proverbial “black swan?” – It had come to my attention that General Electric was locked out of the commercial paper market three weeks ago after Moody’s downgraded GE’s short term credit rating to a ratings level (P-2) that … Read more
What could ever go wrong? via Reddit: Greetings, r/Libertarian! I want to let you know about an experiment we’re launching in r/Libertarian today. It’s a governance tool based on reputation, as a more federated way to make community decisions. Introducing… Community Points and Polls! The magic of Reddit happens when users have the space and control to be … Read more
by DCG Streets of Sacramento… Liberal utopia of Sacramento… Progressive-run west coast cities have become a magnet for the homeless. The demorats encourage illegal and disgusting behaviors by not enforcing laws. The bureaucrats do nothing to actually solve their homeless problems; they just react to the situations they helped create. See the following: Liberal utopia … Read more