Chaos as Brexit Nears its Final and Insane Stage

Tell the EU to screw off then negotiate afterwards: http://archive.is/TEYL6   Theresa May surely by now symbolises the phrase “bad day at the office”. This week, having spent months negotiating the deal by which Britain will leave the European Union next March, May had a gruelling five-hour meeting with her cabinet on Wednesday night. That … Read more

Pensions: When the Law Says Something Must Be, That Can’t Be

via seekingalpha: Summary State and local pension plans are seriously underfunded even with optimistic return assumptions. Given where interest rates and equity valuations are today, more realistic return assumptions will further inflate the liabilities. There is a shift towards defined contribution or hybrid models, but the rate of change is very slow and often only applies … Read more

For the 17th Straight Quarter, US Household Debt Increases; Delinquencies at 7-Year High… First Auto, Then Credit, Now Student Debt Delinquencies Tick Up

via calculatedriskblog: From the NY Fed: Total Household Debt Rises for 17th Straight Quarter The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit, which shows that total household debt increased by $219 billion (1.6%) to $13.51 trillion in the third quarter of 2018. It was … Read more

US Will Be Forced To Accept A Devalued Domestic Dollar, That’s When The Crisis Hits

by Thinker Is Amazon working for the people or against them??? History and actions are showing that there are questionable actions coming from those who have not openly supported the 45th president of the United States Donald Trump. Since Hillary didn’t win, the coverup of debt isn’t happening and now Americans are finally seeing the … Read more

Bill & Hillary Clinton Tour Canceled Due to ‘Poor Sales’ or To Much “TRUTH?

by Thinker Why aren’t tickets selling to see the Clinton’s??? Could it be more Americans have watched the Youtube documentary “Clinton Chronicles” filmed in Mena, Arkansas??? A film exposing corruption, murder, and drug running and fingers all pointing to the Clinton clan. How many stories will Americans find in history of covert government organizations running … Read more

Trump Heading to California, Doing His Own Investigations Into Accusations Fires DEW?

by Thinker Is California home to a rouge fire terrorist group who have infiltrated the military industrial complex, or are the military commanders Obama didn’t purge raining havoc on Americans, Vetrans, and life in the U.S.??? Anyone who is not watching and viewing the photos and videos of the California fires that seem to happen … Read more

How US Oil Booms & Busts Impact Industrial Production

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Fueled by cheap money and by dashed hopes of high oil prices. Industrial production in October rose 4.1% from a year ago, the Fed Board of Governors reported this morning. This was in the upper portion of the range since 2010. It was powered in part by the blistering oil & … Read more

Canada’s Crude Crisis Is Accelerating

Authored by Haley Zaremba via Oilprice.com, Canadian oil producers are in an increasingly tough predicament. With high and increasing oil demand around the globe over the last year, Canadian oil production has increased accordingly. All of this is simple and predictable economics, but now Canadian oil has hit a massive roadblock. Producers have the supply, … Read more

The Shrinking Pool of Buyers | Lynette Zang

Reluctant Preppers, Released on 11/15/18 You may have heard that the near-record stock market internals have turned ghastly, where most companies are lagging, leaving only a few standard-bearers to prop up the nameplate DJIA index (which gets all the news coverage, in the name of our “strong” economy.) But what you aren’t being told is … Read more

Weekend Reading: Why This Isn’t “THE” Bear Market…Yet

by Lance Roberts After two significant corrections during 2018, this has to be the beginning of a “bear market,” right? It certainly is possible given the headwinds that are starting to weigh on corporate outlooks such as ongoing trade wars, weaker revenue growth, a strong dollar, and higher interest rates. However, despite these concerns, there are three things … Read more

How Wall Street is Trying to Influence the Trade War

https://www.youtube.com/watch?v=n6pyVan2SD0 This week’s Stansberry’s Investors Marketcast begins with host John Gillin recapping the market’s “oversold bounce.” John explains why the Dow was the real leader of the week, and how the other major indexes tagged along for the ride. Greg and Scott debate the Fed’s November decision to leave rates unchanged. Scott says that the … Read more