By Michael Snyder A conference committee has been merging the tax bills that were passed by the House of Representatives and the Senate, and even though we could still see some minor changes, it looks like the major parameters of the final bill have now been agreed upon. The final bill will be known as … Read more
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
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
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
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
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
@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
In the city/country you live in, has real estate become unaffordable? Let me know. Take a look around. Most major cities are experiencing a housing boom as if the money was free. When you look at how low mortgage rates are, you realize that they basically are. When you can finance the entire property, … Read more
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
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
The devaluation of currencies is clear to me. Japan is the best example of a failure. Printing wild amounts of currency just to fill the void creates a complete distortion of reality. No wonder they can’t pull the plug. They know it will be a disaster. What do you think? Companies today are just waiting … Read more
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
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
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
Social media are taking over the world. This is a commonly known truth today. According to Statista, 2.46 billion people worldwide use different kinds of social media as of 2017. And this number is expected to grow up to 3.02 billion by 2021. With stats like this, there’s nothing surprising in the fact that social … Read more
By Michael Snyder The left is willing to use any means necessary to get rid of Donald Trump, and so it should be no surprise that they are now using the #metoo movement as a weapon in their crusade against him. Personally, I have been a big fan of the #metoo movement, and I have … Read more
#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
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
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
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
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
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
by Michael Snyder We have never seen a year like this in the history of the state of California. Yes, there are large wildfires in California every year, but this is one for the record books. Well over half a million acres have already been burned, and we still have three weeks remaining in 2017. At … Read more
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, 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