https://www.youtube.com/watch?v=t9cW9FGqC_g Kimberly Morin for Western Journalism reports, The Dow Jones Industrial Average went above 22,000 Wednesday for the first time, and consumer confidence is reportedly higher. Both signs suggest the economy is getting better, so why are so many retailers closing? Read More/Source/Credit(FAIR USE): http://www.westernjournalism.com/reta…
by Tom McClellan Everyone has heard the old saying about “Sell in May and go away,” but history shows that the period of seasonal strength actually ends around August 1. But it is tougher to come up with a catchy rhyming phrase for that. The question for this year, with such a strong market, is whether … Read more
Several companies within the casino industry saw their shares on the Chinese Stock Market -the Hang Seng Index- fall in recent days and there’s high expectation of more volatility for prices. The industry, despite optimism not too long ago, is now expected to witness slow growth for a while. The rise and fall of any … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Sales volume crashes, prices plunge from April peak. In the Greater Toronto Area, sales of homes of all types in July plunged 40.4% compared to July last year to 5,921 transactions. By type: Detached houses -47.4% Semi-detached houses -38.6% Townhouses -36.5%: Condos -30.5%. At the same time, as sales volume was … Read more
by Pamela Williams I want to say never in a million years did I think I would ever see the United States treat our President in this disturbing way. I am worried President Trump may not live through his Presidency. I want to ask you to join me in laying a blanket of prayers over the … Read more
European banking system is getting worse and the central bankers are preparing for a collapse of the banking system. Core Logic is reporting the housing is overvalued, it is exactly what we saw in the 2008 crisis. Manufacturing last another 4000 jobs. Greenspan is worrying that its not the stock market bubble everyone should be … Read more
by tsukeisawa Yesterday wikileaks released an audio recording from Seymour Hersch where he confirmed that Seth Rich gave some confidential files from the DNC to Wikileaks. The left would like you to focus on the murder of Seth but that is not the main reason why this is relevant. The most important thing is that this … Read more
by Mark Angelides In what is surely an attempt by the Canadian state to make people fear the very idea of defending themselves and their families, a man has been charged with attempted murder after wrestling a gun from one of three armed home invaders and shooting one of them (non-life threatening injury). Why is … Read more
by Shaun Richards There is a saying that even a blind squirrel occasionally finds a nut. I am left wondering about this as I note that the former Chair of the US Federal Reserve Alan Greenspan has posted a warning about bond markets. From Bloomberg. Equity bears hunting for excess in the stock market might … Read more
by Dana Lyons One survey finds the lowest investor cash position since the stock market top in 2000. We used to post a lot of these scary secular charts pertaining to long-term market related concerns. These charts pointed to conditions that, sooner or later, are bound to come home to roost. We were especially active peddlers … Read more
by Michael Snyder Are you ready for the second coming of Speaker Pelosi? As a result of the recent Obamacare debacle, the American people are deeply frustrated with the Republicans in Congress. And having nowhere else to go, many voters are considering turning to the Democrats for answers. As you will see below, one recent survey found … Read more
By Michael Snyder The Dow hit the 22,000 mark for the first time ever on Wednesday, and investors all over the world greatly celebrated. And without a doubt this is an exceedingly important moment, because I think that this is a milestone that we will be remembering for a very long time. So far this … Read more
by Robert Carbery Don’t sleep on Barry O! Former President Barack Hussein Obama is doing what most presidents do not do. He is staying very much involved in the goings-on of Washington DC politics. He will be choosing the frontrunner for the 2020 resistance candidate to oppose Trump and he is working day after … Read more
by David Haggith With 60% of stocks now being traded by bots that fake each other out in order to create buying opportunities, stock exchanges have lost their connection to the reason markets are created in the first place. The exchanges no longer exist as places for people to buy and sell ownership in a corporation. … Read more
by John Ward Insane stock market levels, artificial interest rates, manipulated commodity prices, gargantuan debt and the crushing of mass spending power simply cannot exist together. While the Draghis of this world suggest a monetarist symphony is in play, the majority of discerning observers know full well that a pack of Bali monkeys has hijacked the … Read more
by howmuch Most of us become aware of our electricity costs during the summer when the weather is hot and our air conditioners are on full blast. In fact, the bulk of most American homes electricity costs come from central air conditioning and electrical heating pumps. The average cost to use central air or an electrical heating … Read more
by Mark Angelides As part of an effort to teach Artificial Intelligence robots to be able to “barter” with humans, Facebook discovered that their two subjects had created a new language form and were using it to communicate with each other. The language, although using English for the actual words, was unintelligible, but in many … Read more
Action on Trump’s tax cut plan could be delayed until next year The White House’s push to quickly pass a major package of tax cuts through Congress is facing a fall calendar full of legislative land mines, potentially delaying a key part of President Trump’s agenda into at least 2018. The Trump administration sees tax … Read more
by Michael Snyder You may be quite surprised by how people answered this question on Facebook. Earlier today, I posted the question in the headline to my Facebook profile, and I got dozens of responses. Obamacare has resulted in much higher insurance premiums, lower quality care and more red tape, and I have talked to so … Read more
By Michael Snyder You can either follow the herd of you can decide to find your own path. One of the things that greatly frustrates me is that so many Americans allow other people to do their thinking for them. We have become a nation of sheeple, and the vast majority of the shepherds that … Read more
by John Rubino The dollar has been falling lately, which isn’t what a lot of people expected with the Fed being the only major central bank that’s raising interest rates. Higher yields on dollar balances should, according to basic economics, have attracted foreign capital to Treasury paper, thus putting upward pressure on the dollar. Didn’t … Read more
by Robert Carbery Seattle, Washington, with its highest-in-the-nation minimum wage, has discovered how high is too high. In January 2016, Seattle’s minimum wage jumped to $13 an hour from $11 for large companies. New research released in late June by a team of economists at the University of Washington points to the wage hike … Read more
by Mark Angelides The Washington Post’s shiny new story about the possibility of Donald Trump having mislead the American people by stage-managing the whole response to the “Russian Lawyer” meeting of Don Jr. is as inventive a piece of fiction as they can legally get away with. The use of “Anonymous sources” YET AGAIN, is … Read more
by Robert Carbery An alt-right event in Charlottesville, Virginia set for August 12th is drawing attention from political activists on both sides of the aisle. The Unite the Right Free Speech Rally is in response to the Antifa mobs cracking down on Americans’ First Amendment rights at the peaceful demonstration in support of a Robert … Read more
by LightBringerFlex I did 3 years in the Army and saw this first hand. At first, I thought the scam only involved the retailers but now I realize that the US Army was in on the scam. The people getting robbed are the US taxpayers. Here’s how it works: The military has a “lowest bid” policy … Read more