by Michael Snyder Oil, copper and lumber are all telling us the exact same thing, and it isn’t good news for the global economy. When economic activity is booming, demand for commodities such as oil, copper and lumber goes up and that generally causes prices to rise. But when economic activity is slowing down, demand … Read more
by Michael Snyder Have you ever had a day when your children were crying due to hunger but the cupboards were completely bare and your bank account was empty? If you haven’t, you should consider yourself to be extremely blessed, because this is what real life feels like for millions upon millions of Americans in … Read more
Toronto-based business executive Michael Beattie has decided to move forward with the realignment of his construction business, renaming it Beattie Infrastructure, Inc. Beattie’s parent company, MBM Investments Corp., will continue to operate by offering clients financial and management services. Beattie serves as the President and CEO of both companies. Beattie explains the announcement comes after … Read more
https://fred.stlouisfed.org/series/BAMLH0A0HYM2EY#0 If LQD closes below 110 in a convincing manner, it would likely foreshadow an even more powerful bond and stock market bust ahead. As someone who has been warning heavily about dangerous bubbles in U.S. corporate bonds and stocks, people often ask me how and when I foresee these bubbles bursting. Here’s what I wrote a few months … Read more
https://www.youtube.com/watch?v=l-5NST0Kth4 Today’s Guest: Bix Weir Website: Road To Roota http://roadtoroota.com
https://www.youtube.com/watch?v=ODcQ-Tx7Sew
Democratic incumbent Bill Nelson conceded Florida’s race for U.S. Senate on Sunday, signaling the end of an 18-year run in Congress’ upper chamber and likely the close of a 46-year political career. According to Gov. Rick Scott, who defeated Nelson in a race so close it required a manual recount, Nelson called to concede after … Read more
Japanese researchers at the Advanced Industrial Science and Technology (AIST) research center have developed a prototype humanoid robot, the HRP-5P, designed to autonomously perform heavy labor in hazardous environments. Standing just under 6-feet tall and clocking in at 222 lbs, the HRP-5P has “unsurpassed physical capabilities,” according to Phys.org, and is fitted with an array … Read more
More Than 1,000 Missing In California Fires Firefighters have been racing against time. Firefighters issued a red flag warning, which is issued for weather events which may result in extreme fire behavior, Saturday night into Sunday. Winds up to 50 mph and low humidity are possible. https://www.cbsnews.com/live-news/fires-in-california-camp-woolsey-paradise-wildfire-evacuations-death-toll-map-2018-11-18-latest/ AC
by John Rubino Dan Oliver: We learned nothing from the 2008 crisis … Michael Alkin: The US auto industry is about to implode … Rick Rule vs Marin Katusa: Who is the top stock picker? … Peter Schiff: Investors are oblivious as multiple bubbles pop … Steen Jakobsen: The Four Horsemen portend a painful reckoning … Read more
The real reason for Winter Storm Avery in Autumn breaking thousands of snow and cold records is that our Sun is changing as it always does on its 400 year cycle called a Grand Solar Minimum. This affects global grain yields and food prices. If you think New York’s old snow record was one inch … Read more
https://www.youtube.com/watch?v=A5TvHeHcw_0 The Daily Caller reports Former Immigration and Customs Enforcement Acting Director Tom Homan said it’s “game on” for the government’s showdown with the migrant caravan headed for the southern border, on “Fox & Friends” this week. Read More/Source/Credit/FairUse: https://rwnofficial.com/game-on-forme…
by Doug French via Mises Wire The New York Times reminded us that two things which go together are a currency crisis and prostitution. The featured story on October 28 was the red light district in uber-depressed Athens where “Dimitra, a middle-aged woman who lost her [flower] shop in the crisis and now works as a madam on … Read more
by Thinker How could anyone have thought the Pentagon could have passed, when in 2001 they announced they couldn’t find $2.3 trillion dollars, it just disappeared. Since there wasn’t an outrage or march on Washington about the missing trillions, that amount that can’t be found by the Pentagon has jumped to over $9 trillion today!!! … Read more
by Thinker Well, bad boy Jim Acosta, and the fake news CNN, with all their using bad laws to get back into the White House, just may have opened the door for the POTUS to let every alternative journalist who applies for a WH press pass to get in. Mainstream media has always been invited … Read more
by DCG More “feel-good,” useless legislation (show me a study where it’s been shown that signs reduce gun violence) that will do nothing to stop criminals. From MyNorthwest.com: The King County Board of Health passed legislation requiring stores that sell firearms and firing ranges to post signs warning customers of the various dangers posed by gun violence. … Read more
via Joe Guzzardi: For California natives like me, the wildfires are a real gut punch. As of this writing, the wildfires are the deadliest in the state’s history with 63 fatalities, and more than 600 people are unaccounted for. More than 10,000 buildings are gone, and more than 230,000 acres have burned. In the now obliterated community of Paradise, … Read more
Via ZeroHedge During 2000–2016, suicide rates among American workers (aged 16–64 years) jumped 34%, from 12.9 per 100,000 population to 17.3, according to a newly published report by the Centers for Disease Control and Prevention (CDC). “Increasing suicide rates in the US are a concerning trend that represents a tragedy for families and communities and impact the American workforce,” said Dr. Debra Houry, … Read more
https://www.youtube.com/watch?v=u31PZU3SRWI Terrence P. Jeffrey for CNS News reports, The federal government collected record total tax revenues of $252, BILLION in October, the first month of fiscal 2019, according to the Monthly Treasury Statement released Tuesday. Read More/Source/Credit/FairUse: https://www.cnsnews.com/news/article/…
Commentary: 40% of the American middle class face poverty in retirement. How do we change that? https://t.co/3pArY3E7SW — CNBC (@CNBC) November 18, 2018 Some 40 percent of middle-class Americans are at risk of poverty in retirement, due to depressed earnings and asset values and increased health-care costs. Nearly three-quarters of workers now plan to work … Read more