New home sales, Existing home sales, Sea containers, Wage tracker chart

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by WARREN MOSLER Heading lower from already depressed levels: Highlights The headline shows a decline but the message from the July new home sales report is nevertheless mostly positive. New home sales slipped 1.7 percent in the month to a 627,000 annualized rate that misses Econoday’s consensus by 22,000 and the Econoday’s low estimate by … Read more

46 More Sears and K-Marts Are Closing ASAP: Are Your Local Stores on the Chopping Block?

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by Daisy Luther, The Organic Prepper The retail apocalypse continues as Sears closes another 46 stores. Last year, hundreds of stores closed, and this year, even more shops have been scheduled to shut their doors for good. Strangely, Sears is closing their stores right before Christmas. 33 Sears stores and 13 Kmarts will cease doing business in November. Are … Read more

Consumers Are Drunk On The Trump Economy

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via CHRISTOPHER MATTHEWS Larry Kudlow is right: with an economy this good, there’s no chance investors will be distracted by the political drama in Washington—even if that drama includes the conviction of the President’s campaign manager and personal lawyer on corruption charges. While Wall Street is placing too high a probability on political gridlock being the result of November’s … Read more

Morgan Stanley Warns of Momentum In Hospital Closings, “they are getting eaten alive”

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by stockboardasset While the stock market could indeed be in the most extended bull market in history, there are new, troubling signs that the real economy is faltering. A new report has sounded the alarm about the pace of hospital closures across the country. It says there are several factors pressuring margins at hospitals that are contributing to … Read more

ADVANCED Ancient Civilizations! – Hidden SECRETS Of Egypt & Peru (with Brien Foerster

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Josh Sigurdson talks with author and researcher Brien Foerster of Hidden Inca Tours about many of the secrets we are not being told about lost ancient technology and the true age of ancient civilizations. Starting with the Sphinx, the claim is that dynastic Egyptians carved the Sphinx to represent Pharaoh Khafre. The fact is there … Read more

Jeff Sessions Career Might Be Over After This Scandal Broke

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https://www.youtube.com/watch?v=4i3sKb9rsOE The Great American Daily reports, Attorney General Jeff Sessions has faced intense criticism for his conduct in office. President Trump and his supporters contend that Sessions has failed to root out Deep State agents embedded in the FBI and Department of Justice. Read More/Source/Credit/FairUse: https://greatamericandaily.com/jeff-s…

Hurricane Lane Turns Toward Hawaii, “Worst Storm In A Quarter Century”

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by stockboardasset In the overnight, it seems Hurricane Lane churned slowly toward Hawaii as 1.4 million people brace for the U.S. Pacific island state’s worst storm in a quarter century. Hurricane Lane in the early morning hours near Hawaii (Source/ The crew of the @Space_Station)  The storm is moving northwest to the Hawaiian islands at 7 miles per … Read more

Is the slowdown in the US much closer than we think?

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As US economic ‘hard data’ has collapsed in recent months, US manufacturing and services industries PMIs ‘soft data’ have both tumbled, and preliminary August data extended that streak with slower business activity growth reflected the weakest rise in new order volumes since December 2017. US Manufacturing and Services PMIs miss expectations and drop for the 3rd … Read more

Europe, Japan, China, Russia Increasingly Cutting US Out of Economic and Trade Deals

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via atimes: Investment patterns are shifting in response to America’s new assertiveness he United States starts a tariff war with China. Japan and Germany jump at the chance to gain market share in China’s booming auto industry and boost their capacity in China, the world’s fastest-growing passenger car market. The United States imposes sanctions on Turkey. … Read more

Corporate debt crisis imminent? 60% of corporate debt issued by companies in the Russell 2000 is rated as Junk; Since 2009, corporate America has bought back $4 trillion of its own shares and doled out $3 trillion to shareholders in dividends.

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pic.twitter.com/PDSiYUEB2X — M/1_LP (@MI_Investments) August 23, 2018 via Bloomberg: “Since March 2009, corporate America has bought back $4 trillion of its own shares and doled out $3 trillion to shareholders in dividends. That’s equivalent to about a third of the total value that U.S. stocks have added over the same period” Debt, debt, debt….. pic.twitter.com/VdKdMSqRSO … Read more

Another Clinton/Obama Investigator is dead?

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A veteran journalist, who was investigating possible sex crimes from former President Bill Clinton, is said to have been found dead in Washington. Prince George’s County Police Department released a statement to One America News regarding Jenny Moore’s death investigation, saying officers found a woman unresponsive at a D.C. hotel after a welfare check. The … Read more

BREAKING….Dominic Raab mauled by Twitter trollstorm as desperate Brits ask, “Where is the defence of Brexit?”

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by John Ward On his first media outing with Michel Barnier two weeks ago, new UK Brexit Minister Dominic Raab was a model of positive optimism who went out of his way say how keen he was to get a mutually beneficial Brexit trade deal signed. But as with everyone else (from Yanis Varoufakis via Viktor … Read more