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by Graham Summers of Gains, Pains & Capital As I warned yesterday, the markets are entering “liquidation mode” Earlier this year it was Emerging Markets. Yesterday it was Oil. And very soon it will be US stocks. If you are not already preparing for this, NOW is the time to do so. On that note, we are putting … Read more
by Jim Rickards of Daily Reckoning You are well aware that the Federal Reserve is raising interest rates. This policy started in December 2015 with Janet Yellen’s “liftoff” from zero and has continued through seven more rate hikes in 2016, 2017 and 2018, with another hike expected this December. The cumulative impact is to put the high end … Read more
by Charles Hugh-Smith Does any of this make sense? No. But it’s so darn profitable to the oligarchy, it’s difficult to escape debt-serfdom and tax-donkey servitude. We rarely ask “does this make any sense?” of things that are widely accepted as beneficial— or if not beneficial, “the way it is,” i.e. it can’t be changed … Read more
In the past few days, election integrity activists got up close to the current generation of ES&S voting machines — close enough to record video of a digital scanner voting machine sending results wirelessly. The ability of the machines to communicate with the outside world has generally not been acknowledged by either the manufacturer or … Read more
The Latest: Authorities report 7 more fatalities in wildfire MAGALIA, Calif. (AP) — The Latest on wildfires in California (all times local): 6:40 p.m. Authorities have reported seven more fatalities from a blaze in Northern California, bringing the total number of fatalities so far to 63 in the deadliest wildfire in state history. The announcement … Read more
We’ve all been betrayed by a globalist cabal that planned to cancel Brexit from the very start. h/t Voluntaryist
This week Fleccas Talks headed to Ohio State to talk to some protesters about why they think Ben Shapiro shouldn’t speak. As always, hilarity ensued… Hate Speech Isn’t Real (2nd Edition) | Change My Mind h/t Voluntaryist
by thermal_shock Im just going to copy paste this here. Hey OP… I used to be the guy who worked for insurance companies, and determined the value of every little thing in your house. The guy who would go head-to-head with those fire-truck-chasing professional loss adjusters. I may be able to help you not get … Read more
Fidelity launched a retail HSA account today. Previously, their HSAs were only available in employer-sponsored plans. There’s no monthly fee with a broad range of investment options (e.g. zero minimum index funds, zero ER funds, Treasury bills, CDs, commission-free iShares ETFS) . This is a much-needed no-fee alternative to HSA bank, Lively, HSA Authority, HealthEquity … Read more
America hits a massive wall of debt in 2019 with interest rates soaring — what could go wrong? pic.twitter.com/6V3mvkDZc6 — Alastair (@StockBoardAsset) November 16, 2018 Global market asset performance pic.twitter.com/9Tmc0uo6pN — Alastair (@StockBoardAsset) November 16, 2018 IMF Issues Stark Warning on Leveraged Loans: Speculative Excesses 'Approaching a Threatening Level': https://t.co/o08D5KTMhE by @pdacosta pic.twitter.com/6SiQ4wp6zn — Jesse … Read more
by Geoffrey Grider Andrew Gillum will have to rely on the courts if he has any chance to become Florida’s first black governor. But Gillum is not conceding. He and his supporters believe there is still a path to victory: lawsuits that could add more votes in support of him. The Florida recount is officially over, and … Read more
Flash Crashy feeling again today….mkt wants re-test of yrs' lows pic.twitter.com/0APDkWYmkc — M/1_LP (@MI_Investments) November 15, 2018 The S&P 500 visits that year-to-date break-even line….again. pic.twitter.com/zIDcYfim2p — Michael Santoli (@michaelsantoli) November 15, 2018 Hedge fund redemptions are a big issue…..could offset buybacks and cause volatility to continue to spike as they exit positions pic.twitter.com/MA1oOmKsdt — … Read more
An unprecedented statewide hand recount is now under way in the Sunshine State, further extending a high-stakes, partisan battle over every last vote in Florida’s crucial U.S. Senate race. Following a five-day machine recount of the more than 8.3 million votes cast in the Nov. 6 elections, Secretary of State Ken Detzner ordered hand recounts … Read more
The people are not happy in the UK, the BREXIT deal is not what they wanted, their voices were not heard. Wells Fargo and Credit Suisse are laying off employees. Retail sales are not doing as well as everyone thought. Financial pundits are warning the Fed to stop with the interest rates. They want the … Read more
MSNBC covers Stormy Daniels 544 times, and does not even cover Yemen once. Such is the state of journalism in the world. https://www.youtube.com/watch?v=SBHDkOK-m6c
You might think that October’s wild stock market ride would have left investors quaking in their boots. Not so. Indeed, most investors are unfazed. This chart provides insight into the investing public’s sentiment. https://www.youtube.com/watch?v=FxCqACihRos
Global trade issues are now showing up in the statistics. We’ve been hiding the truth behind jobs numbers and hilarious unemployment statistics. But some things can’t be hidden. When we look at the numbers, globally there is a clear and definite slowdown that has found its way into the economy. The debt bubble has expanded … Read more
by DCG Back in September, Christopher Rufo declared that he was going to run for Seattle City Council, District 6. He was going to challenge incumbent Mike O’Brien. Rufo started a CrowdPac page and had raised $12,760 of his $15,000 goal. I read about Rufo in September and recall him saying he was “socially progressive” and “fiscally … Read more
https://www.dcd.uscourts.gov/sites/dcd/files/Attachments.pdf Could this Be The Happening ? Could it be just the same old shit o Nothing Happening ? h/t markofoz
In the feverish reshuffling of financial services for a post-Brexit world, London still comes out ahead, but less so. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. As two years of Brexit negotiations finally come to a head and all eyes are on British Prime Minister Theresa May’s frantic efforts to get the draft … Read more