Housing Starts And Applications Both Down

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by Chris These are very noisy data series, so they could easily jump again next month, but the higher mortgage rates and rising house prices are a double whammy for home purchasers, especially first-time buyers. Here’s the data from today: Weekly mortgage applications fall 2.5% as buyers struggle to find affordable homes Home prices are … Read more

Trump To Consult National Security Team About Allowing Russia To Interrogate Bill Browder & Former US Ambassador Michael McFaul

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“WH press sec Sanders acknowledged that Putin talked to Trump about his interest in prosecuting financier Bill Browder and former US ambassador Michael McFaul. she declined to rule out US cooperation in that effort, saying Trump would consult his national security team” WH press sec Sanders acknowledged that Putin talked to Trump about his interest … Read more

“YOU WANT TO FIND THE NEGATIVE IN EVERYTHING TRUMP DOES” Sarah Sanders SLAMS Reporter

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https://www.youtube.com/watch?v=qAcYGRtj0A8 “YOU WANT TO FIND THE NEGATIVE IN EVERYTHING TRUMP DOES” Sarah Sanders SLAMS Reporter this is news today and today news from sarah sanders press briefing during the white house press briefing sarah sanders lets out some of her thoughts on trump putin and reporters in general this is the white house press conference … Read more

Interest Rates SKYROCKET In Canada As Housing Bubble Worsens! – What This Means

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Josh Sigurdson talks with author and economic analyst John Sneisen about the recent comments made by The Bank of Canada’s Stephen Poloz regarding the continued rise of interest rates. According to Poloz, if you don’t like interest rates going up, you should buy a smaller home. As we see the return of collateralized debt obligations, … Read more

Crude Oil May Not Find Support Above $60 This Time

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by Chris Vermeulen of The Technical Traders Crude Oil has been a major play for some traders over the past few months.  With price, rotation ranges near $5~$7 and upside pressure driving a price assent from below $45 to nearly $75 peaks.  This upside price move has been tremendous. Over the past few weeks, many things have changed … Read more

Trump Putin Summit Is For Establishing Trust Instead Of McCarthyism And War

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by TraderStef of CrushTheStreet 90% of the world’s nuclear power is currently in the hands of the U.S. and Russia. Politicizing its international affairs is very dangerous, and too many government officials in Washington appear to have forgotten that despite any perceived or factual underlying issues, keeping the U.S. safe and avoiding war requires unwavering diplomacy, along with … Read more

Investigate Hillary Clinton’s Russian Connections? – Anyone? – Comey?

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by Thinker Christopher Farrell, Judicial Watch Investigations Director, wants the Russian collusion investigation to look into Hillary Clinton’s ties to the Russians. How many felonies could you add up for Comey at this point: Jordan Sekulow Jordan Sekulow, of the American Center for Law and Justice, on the allegations former FBI Director James Comey leaked … Read more

BREAKING: The CrowdStrike analyst who ran the forensics on DNC servers worked for Mueller at FBI

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The CrowdStrike analyst who ran the forensics on DNC servers worked for Mueller at FBI and in fact was personally promoted by Mueller BREAKING: The CrowdStrike analyst who ran the forensics on DNC servers worked for Mueller at FBI and in fact was personally promoted by Mueller — Paul Sperry (@paulsperry_) July 18, 2018   … Read more

Housing Market Collapse 2.0 Has Begun

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by David Haggith A summer storm is gathering against the housing market all across the US. More than a year ago, I predicted the collapse of Housing Bubble 2.0 and then predicted as soon as the housing market collapse had begun that it would see temporary reprieve until the summer of 2018. Well, that reprieve has ended … two … Read more

Today looks similar to ’15/’16 — to save markets buybacks need to step up or gov’t or central bank intervention.

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h/t @StockBoardAsset Mind The Gap (it’s a big one)… Search Phrase “How to Prepare for a Recession” Surges to 10YR High there needs to be an intervention to keep the short cover alive — if that is CB comments, WH comments, ECT… Carefully monitoring Russell 2000 (monthly) R3 Probe Iron Ore Futures! 2s10s 23 handle Yield … Read more

Trump Administration Succeeds at Securing Confirmation of “65” US Attorneys

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by Thinker By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. The Senate has confirmed 65 of Trump’s nominees for United States attorneys– the principal federal law enforcement officers in their districts– eight more than had been confirmed at at a … Read more