The Numbers Behind America’s Opioid Epidemic

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via visualcapitalist: Drug overdoses are the leading cause of death for Americans under the age of 50, who are now more likely to die from a drug overdose than from car accidents or firearms. The United States has the dubious distinction of having the highest percentage of drug-related deaths in the world. While opioid abuse is … Read more

Historic Dow Drop Reveals Market May Be House of Cards

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From Birch Gold Group On Wednesday, the Dow tanked 832 points. It represents the 3rd largest one-day point collapse of the Dow in history, and it doesn’t seem like we’re finished yet. On Thursday, the Dow toppled further, closing down another 545 points. You can see the initial carnage at the end of the chart line below: Also note … Read more

IMF Warns Their Forecast Was Wrong

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by Martin Armstrong COMMENT: It really does appear that the IMF is following you and repeating your forecasts. They first said the world economy was booming at the start of the year for the next several years. Now they have revised that forecast and saying we are at risk of a decline. Any comment? HK … Read more

Trump to Accept Jeff Sessions resignation after the mid terms then possibly go after him for Obstruction of Justice

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Just weeks before Americans head to the polls to decide the direction of the country, all eyes turn to the political futures of senior DOJ officials Jeff Sessions and Rod Rosenstein; with many inside the GOP and the media calling for their resignations after the high-stakes midterm election. Fox News’ Gregg Jarrett is leading the … Read more

Here Come More Job Losses: Tariffs Cost Ford $1 Billion, Company Will Cut Jobs

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by Mac Slavo of SHTFplan The warnings against tariffs were not heeded by the United States government, and they are now coming to fruition.  Ford Motor Company has announced that the Trump Administration’s tariffs on imported Chinese goods and retaliatory tariffs have cost the company $1 billion and they will lay off workers to cover that cost. Trump’s … Read more

US Transportation Index May Be Bottoming And Becoming Support For The Broader Stock Market

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by Chris Vermeulen of The Technical Traders Our research team, at http://www.TheTechnicalTraders.com, is alerting our members that the Transportation Index has reached its first level of support near 10,500 and this level may be the start of an extended bottoming formation.  If you have been following our research posts, you already know that we predicted this recent downside price swing … Read more

First they came for Alex Jones…Now they’re censoring alternative/independent media on the left

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  Facebook Just PURGED Over 800 Political Accounts for what they call spamming and inauthentic behavior. Many of those banned are crying foul saying they didn’t break any rules. Some believe this is Facebook purging political content just before the mid terms to prevent “meddling.” Is this a case of censorship or is Facebook actually … Read more

Tesla ($TSLA) has around $1 billion in debt coming due over the next six months and right now it doesn’t have the cash

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Source: https://www.businessinsider.com/wall-street-wonders-how-tesla-will-pay-off-over-1b-in-debt-coming-due-2018-10 Money is tight and Tesla has some bills coming due: In November the company needs to shell out $230 million for a convertible bond payment. And by the end of the year, it needs to have an additional $920 million in the bank to pay a loan due in March. It also has a … Read more

Treasury Secretary Mnuchin: I won’t be ‘losing any sleep’ if China dumps US bonds in retaliation over trade

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Treasury Secretary Steven Mnuchin says he isn’t worried about China selling U.S. Treasurys in retaliation over trade. “If they decide they don’t want to hold them, there are other buyers,” he says. Some have speculated that China could hit back at U.S. tariffs by selling a huge chunk of the more than $1 trillion of … Read more

Reminder: Equity Valuations And SWR Are Inversely Correlated – Or Why Not to Worry About The Next Bear Market!

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by user4847378942 With the current market dip a lot of people might have gotten a little scared, especially with high equity exposure as probably most of us have. So I just wanted to remind everyone, that even when the market corrects (when that will actually happen, is not really focus of this discussion here), it … Read more

The Bear Begins? $RUT the small craps index is now negative for the year…

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https://twitter.com/jedimarkus77/status/1050820702423699456 It took 7 mths to recover losses from first mini crash in Jan/Feb. In those 7 months, EM has crashed, China trade spat worsened, interest rates are higher, global markets are in correction or bear mkt mode and peak earnings may have already been reached. Ignorance no longer bliss pic.twitter.com/w3Ns6YCl7Y — M/1_LP (@MI_Investments) October … Read more

The week ahead: There is a smell of February in the air; Short sellers having the time of their year. The Thomson Reuters Most Shorted Stock Index has dropped 19% since Sep.

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Short sellers having the time of their year. The Thomson Reuters Most Shorted Stock Index has dropped 19% since Sep. pic.twitter.com/z8jB7y3g5x — Holger Zschaepitz (@Schuldensuehner) October 13, 2018 Stocks could fall 40% to 50% to reach fair value, with recession in first half of 2019: Morgan Street Capital via @MFoxCNBC Investors should brace themselves for a … Read more

Odd Correlation Betweeen JPY And SPY

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by Chris Not sure what to make of this one, besides – crikey! – world markets sure do seem to be one, gigantic, interlocked beast. This shows yesterday’s (Friday 10-12-18) “”market”” action and the amazing correlation between the price of Yen in USD and the SPY (ETF that tracks the S&P 500). When I write … Read more