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

Former Police detective that wrote a book on a massive pedophile network in South Africa found dead in an apparent suicide.

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by Orangutan   The book was released this month. The crimes covered the apartheid era and Bird Island, where they took the kids to abuse and murder. Sound familiar? This people are sick. Will these crimes every be uncovered? What does the future hold if we don’t deal with this stuff now and for the long … Read more

Rickards: Shooting war with China more likely than you think

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From Jim Rickards, Editor, The Daily Reckoning: The mainstream media narrative about the U.S.-China trade war implies that Trump is on a highly damaging ego trip and China holds all the cards. The exact opposite is true. Trump has ample financial warfare weapons including tariffs, penalties, bans on direct investment, improved cybersecurity, forced divestiture and freezing … Read more

Gallup Poll: Most Americans want to improve relations with Russia, rather than impose sanctions

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58% say it’s more important to try to improve relations 36% think U.S. should take strong diplomatic or economic steps Those closely following story on Russia and the 2016 election prefer sanctions WASHINGTON, D.C. — In an era of increasingly tense U.S.-Russian relations marked by allegations of Russian meddling in U.S. elections, Americans believe it … Read more

The Fundamental Case For Owning Gold Today

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by jessefelder Recently my friend Ben Hunt pointed out that gold is really more a hedge against a central bank mistake than a hedge against geopolitical upheaval. I agree but I believe gold is an effective hedge against a fiscal mistake, as well. In other words, when the government gets very aggressive in a budgetary sense it can be positive … Read more

MORE SWAMP-DRAINING NEEDED

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For some reason, the administration is considering reappointing Obama holdout Mark Pearce to the National Labor Relations Board. Pearce helped author some blatant give-aways to labor unions under the Democrat majority, including one a court found simply “legally unsupportable.” A group of free market organizations, including mine, has urged the President to stop this reappointment. You can see our … Read more