Between a Rock and a Hard Place: Time Running Out on Fed’s “Bailout Nation” Policies

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by John Rubino It’s long been an article of faith in the sound money community that the Fed, by bailing out every dysfunctional financial entity in sight, would eventually be forced to choose between the deflationary collapse of a mountain of bad debt and the inflationary chaos of a plunging currency. That generation-defining crossroad is … Read more

Senator Dianne Feinstein Calls For Halt Of Kavanaugh Hearing For Thursday – ‘FBI Must Investigate ALL allegations.’ – PLUS The Weaponized #METOO Movement.

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by Ruby Henley They did it.  The Democrats seem to actually be getting their way by expecting Senator Charles Grassley to postpone Judge Brett Kavanaugh’s hearing set for Thursday. I have no doubt Senator Grassley will grant Diane Feinstein her request. He has put up a good fight against this, but I believe he is … Read more

Mike Maloney: “The End of the Real Estate Boom?”

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by GoldSilver Is this it? Is this the top of the real estate bubble? Mike Maloney thinks so, and the signs are everywhere. New York, Sydney, Toronto, London, Los Angeles…the world over, signs of real estate market excess and its resultant stress are emerging. In the Australian real estate market alone, $1.7 trillion in interest-only subprime … Read more

Classic sign of pent-up demand peaking out, Both $SPX & $DJIA have now turned and are facing down, debt to value added ratio at record levels….

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Interesting that consumer confidence just hit its 'best' level since Sept. 2000. Classic sign of pent-up demand peaking out. Recession began 7-months later, as a clear contrary signpost. pic.twitter.com/avH6PC8jfB — David Rosenberg (@EconguyRosie) September 25, 2018 https://twitter.com/W_Analytics/status/1044593378556608512 Is corporate debt going to be the flywheel of the next recession in the US? Debt to value … Read more

We are all (mostly) socialists now

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From Jacob Hornberger at Hornberger’s Blog: Image by iStock/erhui1979 There is a popular conception among some libertarians that the reason that we live under a massive welfare-warfare state is because government has a natural propensity to grow. The notion is a popular one among libertarians who promote anarchism, i.e., the total absence of government. The argument … Read more

Jim Rickards: The Coming Stock Market Crash Will Be Like A Runaway Train With No Brakes

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by Jim Rickards via Daily Reckoning Free riding is one of the oldest problems in economics and in society in general. Simply put, free riding describes a situation where one party takes the benefits of an economic condition without contributing anything to sustain that condition. The best example is a parasite on an elephant. The parasite sucks the … Read more

America’s Looming Abyss

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by Raúl Ilargi Meijer Salvador Dali Galatea of the Spheres 1952  Axios reporter Jonathan Swan “broke” the story yesterday morning that Rod Rosenstein was going to resign before he would be fired, and he was on his way to the White House for that. Just about every would-be journalist in the US followed suit with speculation and … Read more

Global oil hits 4-year highs…

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From MarketWatch: Oil futures extended a recent uptrend on Tuesday that has lifted benchmark prices for the global crude to four-year highs and put U.S. crude on track for its longest streak of gains since late July, supported by expectations of tighter international supplies. Global benchmark November Brent rose 98 cents, or 1.2%, to $82.18 a … Read more

Trump Administration’s Considering Myriad Antitrust Probes Into Social Media Platforms

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https://www.youtube.com/watch?v=KkxKShoWV0M The Trump administration is considering a draft executive order that would call for an anti-trust investigation into Google and social media companies like Facebook. The draft order would call on federal antitrust and law enforcement agencies to “thoroughly investigate whether any online platform has acted in violation of the antitrust laws” to “protect competition … Read more

WaPo Fact Checker: Beto O’Rourke Campaign “Know[s] They Are In Trouble” After Beto Lied About DUI

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Washington Post fact checker Glenn Kessler says that Texas Democratic Senate Candidate Beto O’Rourke’s campaign “know[s] they are in trouble” after Beto said that he did not try to flee the scene of his DUI, contrary to what the police report, citing a witness, says. Be sure to like, subscribe, and comment below to share … Read more

EU sues Poland in top court over judicial reform, forced retirement to stop corruption

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https://www.youtube.com/watch?v=Ae8cOWZhEY4 The European Union sued Poland on Monday in the EU’s highest court over its ruling party’s changes to the judiciary, which the bloc believes violates the independence of the courts. “The European Commission maintains that the Polish law on the Supreme Court is incompatible with EU law as it undermines the principle of judicial … Read more

Homeless Seattle man, accused of a stabbing, on the loose after failing to show up for court-appointed treatment program

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by DCG The city of Seattle/King County has a homeless crisis that bureaucrats perpetuate by coddling criminal activities committed by the homeless. Law-abiding citizens are terrorized by these actions: Feces and urine line Seattle streets along with drug needles all over the place. Mentally unstable people are allowed to roam the streets and scare citizens. The … Read more

The Kavanaugh hearings’ warning: the Court is too powerful

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by Fabius Maximus Summary: The charges and counter-charges about Kavanaugh obscure the key issue. The Court has become too powerful, so fights for control of it inevitably become fiercer. This will continue until something breaks in our politics, or we reform the Court. Last week I explained how the Kavanaugh hearing showed that our system is broken. … Read more

Harry Dent: Two Scenarios for the Stock Market

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Economy & Markets – Facebook, Released on 9/21/18 Harry outlines two possible short-term scenarios for the stock market, and how you can prepare accordingly to make money and protect your wealth in the months ahead, no matter what comes our way. *If the volume isn’t working, click the volume icon located in the bottom right … Read more

Technically Speaking: Can You “Feel” The Complacency?

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by Lance Roberts  Yesterday, the market sold off modestly over continuing concerns of “tariffs” and trade wars. At least that was the headline reason. The real reason was simply that the market is overbought in the short-term and traders were taking profits in a light-volume session. As shown in the chart below, the sell-off yesterday is now … Read more