Market Clings To Support 10-19-18

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by Lance Roberts Clinging To Support Tops Are Processes – A Review Actions To Take Next Week Sector & Market Analysis 401k Plan Manager Follow Us On: Twitter, Facebook, Linked-In, Sound Cloud, Seeking Alpha Clinging To Support Over the last couple of weeks, as interest rates surged above 3%, we explored the question of whether something had “just broken” in the … Read more

Britain has lost, lost its mind, lost its soul: Hundreds of thousands take to streets in London demanding second Brexit vote

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Hundreds of thousands of supporters of the European Union marched through London on Saturday in the biggest demonstration so far to demand that the British government holds a public vote on the terms of Brexit. The protesters waved the blue and gold flag of the EU and held up banners under sunny skies to call … Read more

Major Middle Class Tax Cuts Before November!

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https://www.washingtonexaminer.com/policy/economy/trump-says-major-tax-cut-for-middle-income-people-coming-in-10-days President Trump said Saturday he plans to roll out a major tax cut to the middle class before November. “We are looking at putting in a very major tax cut for middle-income people. And if we do that it’ll be sometime just prior, I would say, to November,” Trump told reporters after his rally … Read more

WW3: Trump Confirms U.S. Withdrawal From Landmark Nuke Treaty With Russia

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The US will withdraw from a landmark nuclear weapons treaty with Russia, President Donald Trump has confirmed. Speaking to reporters, Mr Trump said Russia had “violated” the 1987 Intermediate-Range Nuclear Forces (INF) treaty. The deal banned ground-launched medium-range missiles, with a range of between 500 and 5,500km (310-3,400 miles). The US would not let Russia … Read more

Speaking Of The Homebuilders…

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by Chris Given the massive number of zombie companies out there (defined as those unable to meet interest payments from operating earnings, and so forced to continually roll over their debts while adding to them) we know that rapidly rising rates are a big deal. That’s also true for housing which is, or was, a … Read more

Stock Market Crash Deja Vu? Keep An Eye On This Pattern!

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via @KimbleCharting Just over 3 weeks ago, I shared a chart looking at the divergence that has been brewing under the surface of the S&P 500 (NYSEARCA:SPY). Since that post, the S&P 500 finds itself in a deep pullback, with other key stock market indices hitting correction territory at their lows. Today we provide another look at the divergence and … Read more

Backlash Against War on Cash Reaches the Bank of Canada

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A cashless society could have “adverse collective outcomes.” By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. In recent months, a slew of political and financial institutions have raised concerns about the march toward a cashless economy. They include: The ECB warned that a phase-out of cash could pose a serious risk to the financial system. Depending … Read more

Democrats declare men illegal, Juncker’s previous career unmasked, Barnier draws up blacklist, Strictly tabloid tango & Baron Analogue’s telly.

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by John Ward ººººººººººººººººººººººº Despite several attempts to capture New York Times columnist Lisa Lerer, the NYPD confirmed today that she is still at large. “We’re worried about her,” said senior Detective Sherlock Rabinowitz, “because her columns in the Times are getting just too crazy for words now. I’m appealing to Lisa, wherever ever she is, to stop … Read more

Retirees Get a Raise – But It Won’t Change Their Bank Balances

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From Birch Gold Group This coming January there will be 62 million Social Security (SSI) beneficiaries who will get 2.8% more in the form of a cost-of-living adjustment (COLA). Obviously any increase is an improvement, but exactly how much will go into a retiree’s pocket is not very encouraging. You can see the benefits payable both before the COLA and … Read more

Is This Why Jeff Bezos Has Kept Quiet On WaPo Employee Khashoggi’s Disappearance?

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by Thinker Following reports over missing Saudi journalist Jamal Khashoggi, reportedly murdered and dismembered in the Saudi Arabian consulate in Istanbul by a 15-member Saudi team, several high profile business leaders have voiced their disgust over what appears to have been a gruesome, state-sponsored assassination. Virgin CEO Richard Branson announced on October 11 that he … Read more

BREAKING: CNN JOURNALIST COMMITS ACTUAL JOURNALISM.

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Watch: Dana Bash Doesn’t Let Beto O’Rourke Get Away With Avoiding Question About His Support for Trump’s Impeachment. Related: “No one in Texas wants this. He’s running for president, not senate.” And he’s got a shot! Video: Beto O’Rourke supporters can’t name any of his accomplishments. He’s definitely got a shot: h/t ED

COMMUNIST CHINA along with CANADA, MEXICO, RUSSIA, EUROPEAN UNION… are joining forces to FORCE the WTO to investigate TRUMP’s TARIFFS!

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by RumpRoast Europe, U.S. Escalate Trade War With New Disputes at the WTO https://www.bloomberg.com/news/articles/2018-10-18/wto-members-request-an-investigation-into-trump-s-metal-tariffs published yesterday: excerpt China and the EU have joined a group of countries asking the World Trade Organization to investigate the Trump administration’s decision to impose metals tariffs on national security grounds. In a separate filing, the U.S. asked the WTO to … Read more