All hell breaks loose in France: The government mulls state of emergency after 3rd weekend of Yellow Vest protest mayhem

After hundreds of people were arrested and injured during Saturdays’ Yellow Vest protests, government is now mulling all options as a response. That includes a state of emergency, a spokesman confirmed. “It is out of the question that each weekend becomes a meeting or ritual for violence,” Benjamin Griveaux told Europe 1 radio on Sunday. … Read more

SPX – 2008 vs 2018.

https://twitter.com/magotrader/status/1068955761819176960 The $SPX Death Cross via the popular 50 and 200 day is just overhead /11 pic.twitter.com/G3zJauNc0X — mcm-ct.com (@mcm_ct) December 2, 2018 The $SPX island top trendlne comes in overhead and conincides with the current ramp channel /12 pic.twitter.com/c345po90rK — mcm-ct.com (@mcm_ct) December 2, 2018 PMIs outside the US peaked in late 2017/early 2018 … Read more

Market outlook: bull market tops are a process

by Troy The U.S. stock market rallied last week and is now sitting just under its 200 day moving average. Source: Investing.com The economy’s fundamentals determine the stock market’s medium-long term outlook. Technicals determine the stock market’s short-medium term outlook. Here’s why: The stock market’s long term is bullish, but this will change in 2019. The … Read more

Trump walks off stage at G20 leaving Macri looking a little p****d off

And does trump say “Get me outta here” at the 15 second mark? #Argentina’s President Mauricio #Macri was left alone on stage on Friday (November 30), amid a misunderstanding with U.S. President Donald #Trump which saw the American walk away during a photograph opportunity. Both leaders were shown shaking hands in front of photographers before … Read more

Update on the Housing Bust in Sydney & Melbourne, Australia

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This is not exactly slow motion anymore. In Greater Sydney, Australia’s largest housing market, the housing bust, after a terrific housing bubble, is gaining momentum. In November, according to the CoreLogic Daily Home Value Index: Prices of single-family houses dropped 9.2% year-over-year. Prices of “units” (condos) fell 5.5%; Prices of all types of … Read more

ECRI Recession Alert In Negative Territory Indicates Recession Or A Plunge On Track… Margin Debt and S&P Top This Time?

ECRI Recession Alert in Negative territory 🔻-4Indicates Recession or a Plunge on track> pic.twitter.com/VPVVS9OMgO — Antonio Pérez-Algás (@apanalis) November 30, 2018 📌Margin Debt and S&PTop this time? or not? Without a severe Decline?Amazing pic.twitter.com/JHWarCpMcb — Antonio Pérez-Algás (@apanalis) November 30, 2018 🧐US Yield Curve on a brink to reach the goal: be Inverted (2Y5Y 2Y10Y) … Read more

SPX stops are hit, Bulls have the bag now. DJT must deliver or there will be a blood bath on Sunday night

SPX stops are hit, Bulls have the bag now. DJT must deliver or there will be a blood bath on Sunday night pic.twitter.com/D4BsxZXIKy — xTrends (@xtrends) November 30, 2018 Speaking of bear markets, here is what SKEW index tells us about it. pic.twitter.com/YSPKG6ecPQ — xTrends (@xtrends) November 30, 2018 https://twitter.com/magotrader/status/1068648540375789568 🧐No much progress for the … Read more

John Adams: Australia Has “Stage 4 Economic Cancer”

by John Adams from Adams Economics In the past week, economist and former political advisor John Adams visited Australia’s Federal Parliament to speak to politicians about how sick the Australian economy is and how this will result in a devastating Economic Armageddon.  John Adams told the politicians that it is better, and in the national interest, if they … Read more

Could GE’s Slow Collapse Ignite A Financial Crisis?

This article was written by Dave Kranzler and originally published at Investment Research Dynamics Will GE be the proverbial “black swan?” – It had come to my attention that General Electric was locked out of the commercial paper market three weeks ago after Moody’s downgraded GE’s short term credit rating to a ratings level (P-2) that … Read more

Reddit is replacing community mods with a Chinese style communism points system. No joke.

What could ever go wrong? via Reddit: Greetings, r/Libertarian! I want to let you know about an experiment we’re launching in r/Libertarian today. It’s a governance tool based on reputation, as a more federated way to make community decisions. Introducing… Community Points and Polls! The magic of Reddit happens when users have the space and control to be … Read more

Sacramento to spend $400,000 to clean up human feces and garbage created by the homeless

by DCG Streets of Sacramento…   Liberal utopia of Sacramento… Progressive-run west coast cities have become a magnet for the homeless. The demorats encourage illegal and disgusting behaviors by not enforcing laws. The bureaucrats do nothing to actually solve their homeless problems; they just react to the situations they helped create. See the following: Liberal utopia … Read more

Real Estate Starting to Go Belly Up Down Under

By Harry Dent I just got back from Australia… A five-city tour: Sydney, Perth, Melbourne, Adelaide, Brisbane… I was gone for 11 days… eight on the ground. And man! What a trip. Never mind the endless travelling or the horrific jetlag… This was one of my best tours yet; and a particularly unusual one because … Read more

Seems like everytime I think my GE stocks couldn’t get any lower, they find a way to prove me wrong.

NYT: GE, Tesla, Snapchat, under accounting investigations Companies that lag their peers sometimes cut accounting corners to make themselves appear stronger than they really are. But is the risk of getting caught worth it? The recent news that the Justice Department and Securities and Exchange Commission are looking at the accounting and disclosures of General … Read more

Miller on the Money: “When the Music Stops, Who Gets Stuck With the Bad Loans?”

by Dennis Miller The Federal Reserve is raising interest rates. Higher rates = higher monthly payments = more defaults. Who will get stuck with bad loans? Wolf Street recently interviewed Mike Jackson, CEO of AutoNation, the largest auto retailer in the country: “We knew ‘free money would inevitably end. Affordability would become an issue…’ The double whammy are … Read more

Trump Tweets: Preparing Us For Inevitable Arrests & Prison?

by Thinker My friends we may see justice soon. Emily Birnbaum for the Hill reports, President Trump on Wednesday morning shared an image calling for his opponents to face trial for “treason,” with many of them behind bars. THEY FAKED”EVERYTHIN!” JUST LIKE TRUMP HAS BEEN SAYING! https://youtu.be/ZacYZ_U4j3Y “You Are Just A TV Guy!” Fmr. Security … Read more