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by howmuch One of the most hotly contested political debates in the United States is the minimum wage. Pro-business advocates say a high minimum wage hurts business, while pro-labor advocates say the minimum wage should be raised to help the working poor. Have a peak at our chart below to see your state’s minimum wage. In … Read more
Brexit negotiations are breaking down, no deal has been made and this is exactly what the central bank wants.IMF admits they were wrong with their forecasts, amazing the timing of the IMF admitting that their forecasts are wrong. ECB is now warning of bubbles, the central banks no that the entire system is falling apart … Read more
by Martin Armstrong The greed of governments in their pursuit of money is the single greatest threat to creating a Dark Age. With New Zealand imposing a $5,000 fine for just landing there and you refuse to hand over your pen and passwords to your phone for them to search, now we have Australia going really nuts … Read more
Stacy Abrams told supporters that the coming blue wave would include illegals and others. Georgia Democrat candidate for Governor, Stacey Abrams said Tuesday that the “blue wave” will include “undocumented” immigrants and other supposedly disenfranchised people. While speaking to supporters at the Clayton County campaign office, Abrams made the shocking comments during an event with … Read more
by Troy Is this the start of a bear market for stocks? That’s probably what you’re wondering right now, with the S&P 500 sitting right ontop of its 200 daily moving average. Here’s our long term, medium term, and short term outlook for the U.S. stock market. We focus on the long term and medium … Read more
by QuantalyticsResearch US Stocks Global stocks are declining to start the week after rising tensions between the United States and Saudi Arabia escalated over the weekend US stocks index futures are dropping ahead of the open in NY with the Dow Jones minis –0.40%, S&P500 minis –0.50% and Nasdaq 100 minis –0.81% Tensions between Washington and … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “THE WOLF STREET REPORT” is my new podcast. It’ll appear weekly right here on WOLF STREET. It’s where I discuss a topic in depth for 10-20 minutes. In this inaugural edition, I ask: As higher interest rates hit the housing market over time, what will that do to banks and in … Read more
by Michael Snyder It looks like it could be another tough week for global financial markets. As the week began, markets were down all over the world, and relations between the United States and Saudi Arabia have taken a sudden turn for the worse. That could potentially mean much, much higher oil prices, and needless … Read more
https://www.youtube.com/watch?v=A0WeOqMuoWs
Wow!For the first time since 2008, the Fed is unlikely to intervene significantly in the markets!The bank has published its forecast of expected Reinvestment in the coming month-only $ 300 million-completely negligible!#SPX #DXY @dlacalle_IA @mcm_ct @zerohedge @Sunchartist pic.twitter.com/a2Vh9rrYjy — Amit Noam Tal (@amital13) October 14, 2018 Historical Fear and Greed vs $NYA and $SPX pic.twitter.com/crrZGNwmbx … Read more
by Chris If the question is, “what can’t it be different this time?” my answer is that it’s never different this time. [Note: To provide a more complete answer, I’ll pull a few charts from Part II of this report.] At least that’s history speaking. All throughout history it has never been different, always the … Read more
by Graham Summers of Gains, Pains & Capital The Everything Bubble is bursting. After the 2008 Crisis, global central banks created a bubble in the sovereign bond market via ZIRP and QE. Because these bonds are the bedrock of our current financial system, when Central Banks created a bubble in this asset class, they were effectively creating bubbles … Read more
Brexit Deal Hangs in the Balance With Monday Deadline in Doubt (Bloomberg) — Brexit talks hang in the balance as negotiators work through the weekend, with neither side confident they will clinch a deal in time to meet a self-imposed deadline of Monday. People familiar with both sides of the negotiation, who declined to be … Read more
https://www.youtube.com/watch?v=dei19Y__VXs Germany’s political landscape is crumbling as Merkel’s sister party, the CSU, has only received 35.5% of the votes in Bavaria, an exit poll shows. Meanwhile, the anti-establishment AfD has entered parliament for the first time.
by axolotl_peyotl This conspiracy theory has so many layers that it’s almost too much to fathom. A few days ago, pewdiepie posted this video about his concerns over the questionable “Better Help” online therapy service. Some of the major red flags concerning this service are the fact that despite claiming “HIPAA” certification and that their therapists are … Read more
In part 2 of this interview Dr. Stephanie Kelton further explains how MMT and why Pay-Go, proposed by Nancy Pelosi and the Democrats, is a terrible idea.
via theothermccain: Commenting on the irrational female rage unleashed by the Kavanaugh confirmation circus, Stephen Green remarks: “The Democrats have worked hard to lock down the Trigglypuff vote, but at what cost of even slightly more moderate voters?” But do such voters really exist? We are more than 25 years into a cycle of increasing polarization … Read more
by John Rubino Chris Duane: “Death line crossed of rate reaper” … Mike Maloney: The new index that screams “market bubble” … Peter Schiff: The bear begins as rising rates crash stocks … Harry Dent on “the future of the markets after last week’s major drops” … Max Keiser on “the catastrophic breakdown in trust” … Read more
Remember the furor over Trump saying Robert E. Lee was a great general? Reported with great disdain by NBC, CNN, et al.? Well, two days later, NBC corrects. h/t CM
