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by Charles Hugh-Smith If the world’s economies still need central bank life support to survive, they aren’t healthy–they’re barely clinging to life. The “recovery”/Bull Market is in its 10th year, and yet central banks are still tiptoeing around as if the tiniest misstep will cause the whole shebang to shatter: what are they so afraid … Read more
From John Stossel at Reason: Some people are very angry about President Trump’s new Supreme Court pick. “Hell no, Kavanaugh! He is a dangerous man!” protesters shouted on the steps of the Supreme Court. Sen. Kirsten Gillibrand yelled, “What is at stake is freedom for LGBTQ Americans, for equal rights, civil rights…” “They are freaking out … Read more
by Thinker It seems that, just as I was about to blow a gasket out of frustration, the very thing that I’ve been hoping for is finally happening! Two Federal Agents, Robert Corona and Joshua Macias have announced on Ann Vandersteel’s YourVoiceAmerica show, that a coalition of 119 (and growing) US intelligence workers from the … Read more
by Thinker In the last year, the Reserve Bank of India bought 8.6 metric tons of goal, its first big purchase since 2009. New Delhi (Sputnik): The Reserve Bank of India (RBI) purchased 8.46 metric tons of gold during the last fiscal year (April 2017 to March 2018). In its annual report, the RBI revealed … Read more
by Thinker Failed investigations, friends, or a judicial system that’s broken??? Why didn’t the D.A. let Bill Cosby off the hook, or let him go to rehab like so many others??? Do sexual abusers reall rule in Hollywood??? Actions of the Attorney General speaks for itself. While Former FBI agent Richard Taus sits in the … Read more
Just in case there’s any doubt about what Democrats’ post-Kavanaugh confirmation claims will be, they made it clear at the opening of the third and last day of the judge’s hearing they will claim he is illegitimate. Just like Trump is for colluding with Russian intelligence to steal the 2016 election from Hillary Clinton. And isn’t it … Read more
SAN FRANCISCO (KGO) — San Francisco’s leaning, sinking Millennium Tower has a new problem after a window cracked on the 36th floor. “This is a window system that’s designed to sustain hurricane force winds so this is obviously of serious concern,” said San Francisco Supervisor Aaron Peskin. The city’s Department of Building Inspection shared photos … Read more
I’m gonna take “not true” for a thousand, Alex: https://tinyurl.com/yby7sasm
by JayFig_The_Trader Will midterm elections sink the stock market? Here’s what history says – https://on.mktw.net/2PsfPxG Here is a summary of my current positioning and trades. Closed Positions Today 9/5/18 Sold XOP Calls September-21st-41 Strike Bought at 1.01 Sold at 1.25 (+23.76% Gain) Opened Positions Today Bought XOP Calls September-21st-41 Strike Bought at 1.01 Current Short Term … Read more
Fannie and Freddie 10 years later from CNBC. When the housing market began its epic and historic free-fall in 2008, mortgage giants Fannie Mae and Freddie Mac faced imminent collapse. The Treasury Department stepped in with a major bailout that July. And it turned out to be a vastly profitable move for Uncle Sam. The … Read more
by brian_willis It’s surprising just how small the bear markets are relative to both the length and returns of the bull markets. I would have guessed a ratio of 70% bull to 30% bear, but it’s more like 90% bull to 10% bear. A good reminder about how the media’s natural pessimism can alter our … Read more
by yes_its_him So the IRS put out some aggregate information on 2016 taxable gross income reported by single people under age 26. 80% earned up to $25,000. Another almost 16% earned $25,000 to $50,000. So that’s collectively 96% of people in that age group who filed tax returns. About 3% made up to $75K, and the remaining … Read more
by Underwater_Grilling I noticed a weird charge in my statement that pays my amazon store credit card off. It’s listed as security 5. I didn’t know what it was but the amount kept going up as my card balance went up. Called the number and the guy answered then danced around what the name of … Read more
via sdbernard:
If you lived in Argentina, and instead of holding pesos, you converted them to Bitcoin at the beginning of the year, then you would have lost even more money. pic.twitter.com/EYcQV3Yn7h — Joe Weisenthal (@TheStalwart) September 6, 2018 https://twitter.com/OccupyWisdom/status/1037530737208119297 https://twitter.com/OccupyWisdom/status/1037476915865628672
Top of the greatest bubble of ALL TIME, and CNBC ratings continue to drop. 80% of public hasn't benefited from these bubbles. "BUBBLEVISION" has cheerleaded for all three, each one costing the country a little more of it's soul. Millions displaced, inequality rampant. #complicit pic.twitter.com/1auohhNa0I — M/1_LP (@MI_Investments) September 6, 2018 #GoldmanSachs Bull/Bear market risk … Read more
Baltic Dry Index <.BADI> rolling over since summer — turning point is here and it could allude to a global slowdown. Stay tuned. pic.twitter.com/xdDM2ojRv2 — Alastair (@StockBoardAsset) September 1, 2018 well, at least Bullard sees the 2s10s inverting sometime this year pic.twitter.com/EHGEIwH2F0 — Alastair (@StockBoardAsset) September 5, 2018 https://twitter.com/OccupyWisdom/status/1037533805203075072 https://twitter.com/pierpont_morgan/status/1037647168918704128
Elite billionaires referring to themselves as using tech to join a ‘class of immortal overlords’ that live twice as long as everyone else? Gee, sounds super fun, can’t wait. Crazy what they’re blatantly admitting to people these days…
via Jeff Sommer The chances of a recession by the end of 2020 are mounting. And the prospects for the American stock market in the next decade have worsened appreciably. Those are prognoses, not facts. But they’re not just offhand projections, either. They are the sober assessments of Vanguard, the $5 trillion asset management firm. And … Read more
