Short-Term US Treasury Yields Flashing Alarm, Chinese Consumer Spending Growth Is Faltering, Eurozone Slows Down….

"Short-term US Treasury Yields enter the week at their highest levels in 10 years…," h/t @charliebilello pic.twitter.com/MpokXx4xzU — Alastair (@StockBoardAsset) July 30, 2018 "Eurozone slowdown starts to appear in business and consumer surveys," @dlacalle_IA pic.twitter.com/XmwhCil6e4 — Alastair (@StockBoardAsset) July 31, 2018 Mind The Red Ponzi: Industrial Production Growth Is Flatlining, Consumer Spending Gains Are Faltering https://t.co/KzWnYf5sct … Read more

Clearly Overdone! The Market Is All Air. Not A Fundamental In Sight… They Are Still Expensive!

h/t @michaellebowitz The market is all air. Not a fundamental in sight h/t @OccupyWisdom The #economic “expansion” feels like a #depression because a depression is sub trend #GDP growth for a sustained period of time. The expansion has been below trend for the vast majority of the time. #QE induced markets ignore this Chart via @charliebilello … Read more

They Are Calling It “The Tech Bloodbath” – 10 Facts About This Tech Stock Crash That Will Take Your Breath Away

by Michael Snyder Thanks to crashing tech stocks, Americans have lost hundreds of billions of dollars in paper wealth over the past three trading days.  As you will see below, we have just witnessed “the biggest market cap loss in history”, and many analysts believe that this is only just the beginning.  At this point, … Read more

America Has Millions Of Millennial Brats That Need To Move Away From Mommy And Daddy And Start Acting Like Adults

by Michael Snyder If young adults are America’s future, then they better get their act together. Today, over 30 percent of 18 to 34-year-olds live with their parents or other family members. Meanwhile, marriage rates and fertility rates in the United States have both hit record lows in recent years. Instead of coddling these self-absorbed Millennial narcissists well into their adult … Read more

Our MSM Lies To Us

The lies the MSM spreads to us constantly is fully on display and this is hardly scratching the surface, but is a good sample back to get a taste of exactly what operation Mockingbird is all about h/t swervinsideways

Government-Pharma collusion in mass deaths by opioids

by Jon Rappoport —The 2016 law, hamstringing the DEA, still has not been repealed— The major pipeline for trafficking opioid drugs starts with pharmaceutical manufacturers, who are intentionally distributing opioids far beyond any legitimate need. 2 MILLION OPIOID ADDICTS IN THE US. 300,000 DEATHS SINCE THE YEAR 2000 IN THE US. A significant percentage of … Read more

GDP, World trade

by WARREN MOSLER So the savings rate puzzle, where consumption was exceeding income, has now been reconciled with large upward revisions in personal income. And looks like the credit expansion that supplied the income and drove the spending was from non-residents. The next monthly consumption and income releases will bring it all up to date: Highlights … Read more

What Are The Current Option Plays?

by stockboardasset Last week, we struck gold with a monster FB July 27 172.50 Put at .02 to 2.19. I want to thank idiot analysts for writing idiot buy recommendations on an idiot company called idiot $FB that has enabled my fund to reap an idiotic amount of money in this idiot economy. pic.twitter.com/xtEsU9u5F5 — Alastair (@StockBoardAsset) July … Read more

Free Trade’s Faustian Bargain, or Selling America’s Soul for Trinkets

by Spencer P Morrison, NEE Had I as many souls as there be stars, I’d give them all for Mephistophilis. ~Doctor Faustus Spectators claim that Satan himself appeared on stage during the opening performance of Christopher Marlowe’s play Doctor Faustus (1588)—the grizzly specter drove men mad with fear. Some wanted to demolish the theater, others to hang Marlowe … Read more

Mapped: The Median Age in Every U.S. County

by visualcapitalist See the full-size version of this map o see the high resolution version of this map, go here. The United States is a vast place, and every region is markedly different. Usually we look at these differences through lenses like geography, population density, preferences, wealth, and culture – but age is another interesting one to think … Read more

“Hidden Debt Loophole Could be Widespread”: Fitch

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Use of this financial instrument has ballooned. No one knows to what extent because there’s no disclosure. But it was a “key contributor” to the sudden collapse of outsourcing giant Carillion. As regulators and stiffed creditors were poking through the debris of collapsed outsourcing giant Carillion – once employing 43,000 people worldwide – … Read more

Vancouver Condo Bubble Takes New Hit: Murky Condo Flippers Targeted in Pre-Sale Tax Hunt

The changes pose real threats to the highly speculative pre-sale condo market. By Steve Saretsky, Vancouver, Canada, Vancity Condo Guide: Starting September 17th, the BC Government will move forward with a new property transfer tax that will require people to report additional information, including their name, citizenship, and social insurance number, if they purchase through a … Read more