Small business optimism survey, Private sector credit: Expectations all the more trumped up with the new tax bill, but the details show actual conditions aren’t doing so well

by WARREN MOSLER Highlights Optimism among small business owners is surging, according to the National Federation of Independent Business (NFIB), whose Small Business Optimism Index rose 3.7 points in November to 107.5, the highest level since November 2004. The monthly jump in small business sentiment beat analysts’ forecasts with 8 out of the 10 components of … Read more

With Roy Moore Defeated in Alabama, It’s now Trump's Turn to Face the Music?

By Chris Black To begin with, last night’s special election marks President Trump’s third successive defeat. He was defeated when he supported Luther Strange; then, he was defeated when he supported Ed Gillespie, and again  defeated when he supported Moore. Even if Judge Moore still refuses to concede the Alabama Senate race on Tuesday, and … Read more

Surgeon who criticized Clinton Foundation fraud after Haitian earthquake mysteriously killed in NY home.

Dr. Dean Lorich, an orthopedic surgeon who volunteered in Haiti and exposed Clinton Foundation corruption and malpractice on the island, has been found dead in New York. He was 54. Dr. Lorich was found by his 11-year-old daughter on the bathroom floor of his tony Upper East Side apartment with a knife in his chest … Read more

This Map Shows You the Richest Politician In Every State

by howmuch Did you know that George Washington was so rich that he wanted to reject his presidential salary? Wealth has always been a part of American politics, but, recently, political wealth crossed a new milestone (most Congresspeople are millionaires). This map shows the richest politician in every state, and reveals just how rich they really are. … Read more

Does Special Counselor Mueller Have An Obstruction Of Justice Case Against President Donald Trump – How Can The Words Of James Comey Be Taken Seriously?

by Ruby Henley When James Comey testified before the Senate Intelligence Committee, he would not actually say that he believed President Trump obstructed justice when he said he “hoped” the investigation of Michael Flynn would end. But Comey said he clearly believed Trump was trying to influence his decisions. Poor Comey said he was confused … Read more

Nothing To See Here: Wealth Inequality Explodes, Bottom 90% Will Die Broke; Stocks Are The Most Overvalued In History

@StockBoardAsset   Six Ways US Stocks Are The Most Overvalued In History US large cap stocks are the most overvalued in history. Let’s investigate six ways.Crescat Capital claims US large cap stocks are the most overvalued in history, higher than prior speculative mania market peaks in 1929 and 2000. Their 25-page presentation makes a compelling case, with … Read more

Cryptocurrency Chaos: Bitcoin, Litecoin and Ethereum All Keep Surging To New Record Highs With No End In Sight

By Michael Snyder The cryptocurrency revolution is the biggest story in the financial world right now. In recent days I have spent a lot of time writing about Bitcoin, but the truth is that all of the major cryptocurrencies have been on an unprecedented run lately. In fact, some of them have been rising much faster … Read more

The Gun Bill That Is Going Through Congress Could Significantly Increase The Number Of Americans Banned From Buying Guns

by Michael Snyder When news that a “concealed-carry reciprocity law” had been passed by the U.S. House of Representatives, gun owners all over the nation rejoiced.  But what most people didn’t realize is that there had been a last minute change to the bill that could substantially increase the number of Americans that are banned from … Read more

ObamaCare Premiums—$40K for this family… Price up 50+ % Year to Year ? Administrators gotta get paid .

Obamacare Premiums Rise To $40,000 Or More For Some Middle-Class Families President Trump has been saying it for years now: Obamacare can’t survive. Dozens of “exchanges” set up to handle Obamacare subscribers have shut down, leaving some states with a single option for those in need of health insurance. Obamacare premiums across the country are … Read more

One Year Into Office, President Trump is Winning, and Here’s Why That’s a Bad Thing

by Chris Black If you were having any doubts that the corporate left-wing mainstream media is the real opposition party and President Trump’s sworn enemy, here’s an article, more of an essay actually, published in Huffington Post, which announces its readers that after his 1st year in the White House, President Trump is winning, against … Read more

5 Quick Tips to Help You Become Debt Free

Being held back in life by financial commitments that you cannot afford to repay is a daunting experience that no-one deserves to live through. We all need to earn money to survive in today’s modern economy. However, the choices we make with our capital determine the success of our financial future. Learning to balance your … Read more

The Credit Cycle Matters, Morgan Stanley Turns Apocalyptic On Credit

#TaperCaper #Recession – Morgan Stanley Turns Apocalyptic On Credit: “A Cycle Turn Is Closer Than Many Believe” @zerohedge https://t.co/3nt75EDG5m — TraderStef (@TraderStef) December 10, 2017 Credit check Something happened about the time of the Presidential election that caused a sudden deceleration of bank lending, which had already been decelerating since the collapse of oil capex. … Read more

Is A Recession Looming? Low Unemployment And Declining Treasury Curve Occur Just Before Recessions (And Lousy Wage Growth)

by Anthony B Sanders US Real GDP is growing at 2.3% YoY.  What’s not to like? How about the lowest unemployment rate since 2000 and the worst wage “recovery” in modern times? AND a flattening Treasury yield curve? Yes, we are once more staring into the abyss of a recession where unemployment rates are low … Read more

How can debt consolidation help Small Businesses?

Debt consolidation allows small businesses to borrow a loan that can pay off all their debts at lower rates and over a long period of time. A small business should look for a good debt consolidation firm that will not bring extra expenses to the business. Small businesses can benefit from debt consolidation in the … Read more

Stock Market All-Time UNSUSTAINABLE Highs! Every Indicator Is Off The Charts. Everything Is Completely Out Of Whack. Same Pattern as 1929 and 2000!

There are cycles that occur which make it possible for us to track in order to predict the movement of the stock market. As time goes on, we see the markets entering levels that are unsustainable. Every indicator is off the charts. Everything is completely out of whack. But have no fear because the financial … Read more

Bitcoin vs Fiat Currency: Which Fails First?

by Charles Hugh-Smith What if bitcoin is a reflection of trust in the future value of fiat currencies? I am struck by the mainstream confidence that bitcoin is a fraud/fad that will soon collapse, while central bank fiat currencies are presumed to be rock-solid and without risk. Those with supreme confidence in fiat currencies might want … Read more

Bitcoin Futures Begin Trading – Let The Madness Commence!

By Michael Snyder One of the things that I love about Bitcoin is that the fun never seems to end.  On Sunday, Bitcoin futures began trading on the Chicago Board Options Exchange for the first time ever, and within minutes the CBOE’s website crashed.  What a perfect metaphor.  Bitcoin and other cryptocurrencies are completely and utterly disrupting … Read more

You Will Remember That During The Entirety Of 2007, The Majority Of The Media, Analyst, And Economic Community Were Proclaiming Continued Economic Growth Into The Foreseeable Future As There Was “No Sign Of Recession.”

by Lance Roberts Review & Update No Risk Of Recession Sector & Market Analysis 401k Plan Manager Follow Us On: Twitter, Facebook, Linked-In, Sound Cloud, Seeking Alpha Review I have been traveling a lot the last couple of weeks, so a big “Thank You” goes to Michael Lebowitz for “pinch hitting” for me. This week, I just want to review a couple of things … Read more

Catherine Austin Fitts – U.S. Government Criminal Enterprise, Smart Money Buying Gold and Land

Catherine Austin Fitts, who was also an Assistant Housing Secretary in the first Bush Administration, talks about the Mueller/Trump investigation that she says is twisting in the wind and also the gun control and why Americans need firearms now more than ever. Fitts also says a large market correction will probably happen in 2018. Join … Read more

Exuberant stock market, disappearing middle class, history repeats itself….1 in 5 American households have ‘zero or negative’ wealth, drowning in credit card debt, paychecks just aren't growing

Exuberant stock market, disappearing middle class, history repeats itself [ A 32-year-old mother of 7 children called Florence Owens Thompson, Nipomo, California. February 1936.] One in five American households have ‘zero or negative’ wealth U.S. homes have regained value since the Great Recession, but many households have not Millions of Americans are living on the … Read more