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via zerohedge: This is how housing markets turn. Slowly, then all at once. Seven years of Seattle home prices outpacing wage growth because of low rates; bidding wars replaced by sales at the asking price; days or weeks on the market turning into months; sellers reduce home prices; surging mortgage rates; buyers disappear, and wallah- a … Read more
The debt level for American’s is completely unsustainable. Most of the people need to use credit or they wouldn’t be able to survive. The amount of personal debt has increased dramatically. American’s have been resorting to payday loans to make ends meet. DR Horton reports that housing sales are declining because of the rising rates … Read more
https://www.justice.gov/opa/pr/doj-and-dhs-issue-new-asylum-rule Acting Attorney General Matthew Whitaker and Department of Homeland Security Secretary Kirstjen Nielsen today announced an Interim Final Rule declaring that those aliens who contravene a presidential suspension or limitation on entry into the United States through the southern border with Mexico issued under section 212(f) or 215(a)(1) of the Immigration and Nationality Act … Read more
BY JOHN MAULDIN Is debt good or bad? The answer is “Yes.” Debt is future spending pulled forward in time. It lets you buy something now for which you otherwise don’t have cash yet. Whether it’s wise or not depends on what you buy. Debt to educate yourself so you can get a better job may … Read more
by Thinker Shouldn’t there be some concern somewhere over a very close vote, by a woman Maxine Waters who has been in office since 2009, and she can’t get more than twenty people to show up for a meet and greet? All those years and who comes??? Those are street girls getting paid to listen … Read more
by Thinker Now that Sessions is out, maybe there is hope for the cannabis industry to make it a United States and not a divided one when it comes to laws, use, and cures of cannabis. Jeff Sessions…was he paid to speak out against cannabis. Sessions resigned at the request of President Donald Trump. Though … Read more
https://www.youtube.com/watch?v=bKBEw2qs5bk https://www.youtube.com/watch?v=4SltC… Sessions’ replacement a critic of Mueller investigation
by Thinker Want to give credit to the “War Drummer” for information that is not being found in the mainstream media, and presenting some of the most professional news stories. If you haven’t been to the Youtube site of the “War Drummer,” then after hearing the latest broadcast, take time to make your way for … Read more
by Thinker Why did Donald Trump, a businessman run for the presidency of the United States??? Did the words of many who now can be called your hero, with “TRUTH” in their words, inspire Donald Trump to want to change the direction of United States??? In 2009, a documentary “Fall of the Republic” produced by Alex … Read more
via marketwatch: Debt-fueled corporate buybacks will be crucial to sustained stock-market rebound: Canaccord Genuity Stocks may have ripped higher Wednesday in a bout of post-midterm relief, but the “smart money” doesn’t appear to be buying into the November bounce, noted one analyst, who argued that equities, as a result, could yet retest their October lows and … Read more
by Thinker The top Democrat on the House Judiciary Committee was overheard Wednesday discussing Democrats’ plans to investigate and try to impeach Supreme Court Justice Brett Kavanaugh. New York Democratic Rep. Jerrold Nadler took a series of phone calls while riding the Acela train from New York to Washington, D.C, not knowing that The Federalist’s … Read more
by Mark Tapscott It got lost in the election news this week, but Walter Olson points it out in a tweet late yesterday. The Federal District Court for the District of Maryland ruled that when Maryland’s Democratic establishment redrew congressional districts in 2011, they: • “The state specifically targeted voters in the sixth congressional district … Read more
via Twitter: Has there ever been any election, anywhere when they found a bunch of Republican votes after the fact? Why is it ALWAYS errors in the Democrats’ favor?
by Thinker Once again, you can’t fault the Chinese for playing the game of “RISK” and buying instead of fighting to get what they want. Thanks to the U.S. troops and wars, they opened the doors for most nations to welcome China, they don’t want to bomb, but bringing cash. How many Africans are taking … Read more
by Thinker This could be the best move CNN has made, to call for the rest of the writers to abandon their post in the White House Briefing Room, and make way for writers who want to hear and report. Since Donald Trump took his position as the 45th president of the United States, and … Read more
by Simon Black Something strange happened in the markets last month that signals trouble ahead… When stocks fell from their September highs, you would have expected investors to run for cover in the world’s safe-haven asset – US Treasurys. But that’s not what happened. While stocks were plunging, Treasurys also fell. Yields on 30-year Treasurys increased … Read more
Washington (CNN)President Barack Obama is used to hecklers stopping him during speeches — but he draws the line when the audience interrupts him in his own house. As Obama was speaking at a White House event honoring LGBT Pride Month on Wednesday, an accented voice rang out from the crowd. Obama wasn’t amused. “Shame on … Read more
Fighting Tucker Carlson’s ideas is an American right. Targeting his home and terrorizing his family is an act of monstrous cowardice. Obviously don’t do this, but also, take no pleasure in it happening. Feeding monsters just makes more monsters. — Stephen Colbert (@StephenAtHome) November 8, 2018 https://twitter.com/MarkDice/status/1060590182464872448
by Dana Lyons Stocks that were the quickest to recover from correction losses may be new relative strength leaders going forward. If you read our piece yesterday, “Are Stocks Out Of The Woods?“, you know that, despite the big rally, we don’t believe the stock market is in the clear just yet following its October swoon. … Read more
by WARREN MOSLER Highlights Consumer credit growth slowed more than expected to just $10.9 billion in September, below Econoday’s consensus range and less than half of the upwardly revised $22.9 billion August increase. Growth slowed in nonrevolving credit, which rose $11.2 billion in September versus $18.3 billion previously, while growth in revolving credit stalled completely … Read more