World has attempted to pump up credit/economic activity & has failed. Global liquidity is rapidly shrinking — and that is a major problem — usually brings a crisis of some sort

global liquidity is rapidly shrinking — and that is a major problem — usually brings a crisis of some sort pic.twitter.com/tWlnLWEBvB — Alastair (@StockBoardAsset) August 25, 2018 "Global liquidity is already below pre-crisis levels, tide will continue to ebb," h/t @IIF pic.twitter.com/jtQCPSCDSj — Alastair (@StockBoardAsset) August 25, 2018 ECI Economic Indicator Index suggests world has … Read more

BUFFET INDICATOR VARIANT – WILSHIRE5000 TO GDP – In the last five decades only three times was the 100% level breached – 2000 tech bubble & 2008 financial crisis & today

https://twitter.com/OccupyWisdom/status/1033220222499598336 https://twitter.com/OccupyWisdom/status/1033224552594198528 Swap curve just inverted. Not bullish. pic.twitter.com/1ZmIeeJLzL — Kevin C. Smith, CFA (@crescatkevin) August 24, 2018 $spx pic.twitter.com/4iaXpku32P — Álvaro Oviedo (@alvoviedo) August 24, 2018 https://twitter.com/OccupyWisdom/status/1033194499399409669

When $SPY has reached a high on other lazy August Fridays during this bull market, it has struggled to hold the momentum.

https://twitter.com/sentimentrader/status/1033006284734377984 As the rest of the world slows, are the first signs of decreased activity starting to appear in US? After-all, Bullard told us today that economy will slow next yr. pic.twitter.com/ijR1PB3eCA — Alastair (@StockBoardAsset) August 25, 2018 Many think eternal central bank intervention will keep driving markets higher. That does not mean prices will … Read more

If you’re waiting for a bigger piece of the growing U.S. economic pie, you aren’t alone.

If you're waiting for a bigger piece of the growing U.S. economic pie, you aren't alone. A colleague's chart looking at the slicing. pic.twitter.com/nQ0wh9qCNs — Dave Wilson's Archive: Chart & Stock of the Day+ (@TheOneDave) August 24, 2018 pic.twitter.com/GNLDJZkER8 — M/1_LP (@MI_Investments) August 24, 2018 Chart: Markets now expect the Fed to cut rates in … Read more

How “Wealthy” Would We Be If We Stopped Borrowing Trillions Every Year?

by Charles Hugh-Smith These charts reflect a linear system that is wobbling into the first stages of non-linear destabilization. The widespread presumption is the U.S. is wealthy beyond words, and will remain so as far as the eye can see: wealthy enough to fund trillion-dollar weapons systems, trillion-dollar endless wars, multi-trillion dollar Medicare for all, multi-trillion … Read more

John McCain Also Sought to use IRS to engage in “financially ruinous” Audits of Opponents

by Martin Armstrong Some people have asked if it was the Obama Administration that used the IRS against its enemies. I am not Republican or Democrat and have stated countless times that I see no difference between them behind the curtain when it comes to maintaining power. Judicial Watch reported on documents it received showing that Republicans, … Read more

Why Some People Can Break the Law and be Heroes

by Martin Armstrong QUESTION: Any reason why Stormy Daniels has not been charged with blackmail? Why should her attorney not be indicted as a co-conspirator? ANSWER: This is the problem with the pretend Rule of Law – it does not exist. The courts allow selective prosecution for they claim that there must be prosecutorial discretion because they cannot possibly indict … Read more

Graduates spent $7.5 billion on education that failed to deliver

From MarketWatch: Student loan borrowers spent billions on career training programs that failed to deliver. Roughly 350,000 students attended and graduated from either two or four year career-education programs in 2012 that were failing or close to failing certain government metrics, according to an analysis of government data released Wednesday by the Institute for College Access and Success, … Read more

In Time of Madness

by Jesse Cabrera, The Virgin of the Apocalypse “`In that direction,’ the Cat said, waving its right paw round, `lives a Hatter: and in that direction,’ waving the other paw, `lives a March Hare. Visit either you like: they’re both mad.’” Lewis Carroll, Alice’s Adventures in Wonderland “He who makes a beast of himself gets rid of the pain of being … Read more

Google will now filter out negative news and tell you ‘something good’ instead

Google has launched a brand new feature for its artificially intelligent Google Assistant that’s designed to cheer people up by filtering negative news. ‘These days we’re consuming more news than ever, and sometimes, it can feel like there are only problems out there,’ explained Ryan Burke, a creative producer at Google’s Creative Lab. ‘But the … Read more

WARNING: Big Tech Can ‘Shift Upwards of 12 Million Votes in November’

Dr. Robert Epstein, the senior research psychologist at the American Institute for Behavioral Research and Technology and a panelist on Breitbart News’ “Masters of the Universe” town hall on Internet freedom, joined SiriusXM hosts Rebecca Mansour and Joel Pollak on Thursday’s Breitbart News Tonight to warn of technology firms’ growing political power. Epstein pointed to … Read more

Trump administration has decided to cut more than $200 million in Us aid to the Palestinians

WASHINGTON — The Trump administration has decided to cut more than $200 million in bilateral assistance to the Palestinians, following a review of the funding for projects in the West Bank and Gaza, according to U.S. officials and congressional aides. The State Department notified Congress of the decision Friday, according to the officials and aides, who spoke condition … Read more

What else are they doing?

  As an IT geek who dabbles in the cyber space (sex not security lol jk) any device you’re using that’s not completely airgapped (no outside connection to anything) is sending telemetry to the manufacturer, provider, and who knows who else. That telemetry can range from anon data about how your device is performing (hmm … Read more

T-Mobile says hackers stole customer data in data breach

I just got a text message saying, “We ID’d & shut down an unauthorized capture of your info. No financial info/SSN taken but some personal info may have been”… “The cell giant, currently merging with Sprint, said in a statement that hackers customer stole names, billing zip codes, phone numbers, email addresses, account numbers, and … Read more

Microsoft hit with U.S. bribery probe over deals in Hungary

Microsoft (NASDAQ:MSFT) is being investigated by the U.S. Department of Justice and the SEC over potential bribery and corruption related to software sales in Hungary, WSJ reports. The probe is looking into how MSFT sold software such as Word and Excel to middleman firms in Hungary that then sold those products to government agencies there in 2013-14, according to … Read more

My Inner Contrarian Wakes Up: Gold Short Positions Hit Record

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Speculators in gold price futures are short 670 tonnes – the biggest bearish position in 25 years. First things first: I want to thank the many readers who have expressed their interest in an article about my views and theories on gold and silver. In fact, the response has been so strong that … Read more

No Tesla Deal! “The Better Path is for Tesla to Remain Public”: Musk Backpedals Furiously

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Turns out, “Funding secured” was a lie, conceived in order to manipulate up the share price. Tesla CEO Elon Musk has superseded the infamous August 8 tweet — “Am considering taking Tesla private at $420. Funding secured” — which had caused market capitalization to spike by about $6 billion, with a blog post late Friday … Read more