OPINION: We voted for Brexit and got Andrexit. Where is the leadership to turn a bogroll into a bugle call?

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by John Ward There’s one thing in Mrs May’s Brexit withdrawal agreement we’re overlooking . It is not the beginning of the end of Britain being bullied by Brussels, it’s merely the end of the beginning. If Farage et al wait too long before showing up, they will miss the bus.   ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ Pretty much every … Read more

When Cash Outperforms Everything

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via Ben Carlson U.S. stocks were up double-digits well into 2018 and sailing along nicely until a funny thing happened — they stopped going up and went the opposite direction as they are wont to do. The Vanguard Total Stock Market ETF (VTI) is now down around 20 basis points on the year. Not only have … Read more

The stock market is collapsing like in 2008, but the media doesn’t want to tell you….yet.

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via visualcapitalist: The Chart of the Week is a weekly Visual Capitalist feature on Fridays. What goes up, must come down. Over recent years, there hasn’t been a safer bet than big tech – specifically the FAANG stocks, which include Facebook, Apple, Amazon, Netflix, and Google’s parent company Alphabet. But in the financial world, this feeling of euphoria … Read more

Assange Prosecution Will Focus On Chelsea Manning Era Releases, Not DNC Emails

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by Disobedient Media It seems that the shades have finally been ripped off of the persecution of Julian Assange. Fallen by the wayside is the pretense used to justify his arbitrary detention: allegations of sexual misconduct, of Russian involvement, and of aiding Trump’s ascension to the Presidency. Gone is the pretense that it is not … Read more

SOCIALISM: Venezuela Is Leaking Oil Everywhere.

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via bloomberg: “The once-mighty PDVSA is polluting waterways and farmland, unable to clean up its messes after years of neglect, scant investment and corruption scandals.” The spills are conspicuous signs of what has gone so horribly wrong at once-mighty PDVSA. The state-owned company doesn’t publish statistics, but environmentalists, analysts and workers keep seemingly endless lists of … Read more

PRIVACY: European privacy search engines aim to challenge Google.

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via denverpost: Sites such as Britain’s Mojeek, France’s Qwant, Unbubble in Germany and Swisscows don’t track user data, filter results or show “behavioral” ads. These sites are growing amid the rollout of new European privacy regulations and numerous corporate data scandals, which have raised public awareness about the mountains of personal information companies stealthily gather and … Read more

Heads up, historical support test for interest rates!

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by Kimble Charting This 4-pack looks at short to long-term interest rates over the past few decades with a little twist, each chart is inverted (yields are upside down). Each chart reflects that yields are testing multi-decade support at each (1). These support lines were tested back in 2000 & 2000, where lows took place, which ended up … Read more

Martin Armstrong: Central Banks Looking at Creating Their Own Cryptocurrencies – One Step Closer To Losing All Our Freedom

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by Martin Armstrong The IMF has recommended that all Central banks should issue their own cryptocurrencies. Indeed, they are looking at using Block Chain to keep track of taxes and to enforce negative interest rates with cryptocurrencies which would allow them to impose negative interest rates whenever necessary. With adopting cryptocurrencies that governments would control, we will come one step … Read more

CHICAGO PUBLIC SCHOOLS OUST ALMOST 130, INCLUDING 9 TEACHERS, OVER CRIMINAL BACKGROUND CHECKS

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via chicagotribune: Nearly 130 Chicago Public Schools employees have been terminated, recommended for dismissal or simply resigned amid scrutiny following an enormous review of worker backgrounds prompted by a Tribune investigation this year. That group of employees includes nine teachers, 35 people classified as classroom aides and an unspecified number of people the district lists as substitute or … Read more

Will record business debt trigger a financial crisis? And what will it do to stocks?

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Total US business debt has surged to $32 trillion, three times as big as household mortgage debt, and over twice as big as total household debt. In 2008, the $10 trillion in mortgage debt was one of the factors that triggered the Financial Crisis. So when this business debt blows up, … Read more

Illegal immigrants are reportedly storming the U.S. border from the Mexican city of Tijuana right now.

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https://twitter.com/BreakingNLive/status/1066783003836329987 As President Trump said: ”Mexico should move the flag waving Migrants, many of whom are stone cold criminals, back to their countries. Do it by plane, do it by bus, do it anyway you want, but they are NOT coming into the U.S.A. We will close the Border permanently if need be. Congress, fund … Read more

Facebook & Google could face huge fines in Russia over future legal violations – report

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Moscow may start imposing hefty fines on tech giants, including Google and Facebook, over failing to comply with Russian legislation. The new fines will reportedly be equal to one percent of a firm’s annual revenue in the country. Russian authorities are planning to amend the current legislation to implement the measure, according to unnamed sources … Read more