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

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

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

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?

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

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

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.

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

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

Puerto Rico: Mayor Arrested, Trump Vindicated, & People have Power Restored

https://www.youtube.com/watch?v=Ujjk7qOr7lQ As more information continues to come in, it is becoming apparent something stinks in Puerto Rico. The FBI has already made 3 arrests, including one mayor, while another and more infamous mayor becomes the target of her own federal investigation. Who is to blame for the poor response to disastrous hurricane Maria?

Everything Bubble – Margin Debt/ US Non-Financial Debt Record High, Profit Expectations Tumble, Economic Pessimism Surges

Last night one of the “morals of the story” of a thread we posted was “Don’t miss the forest for the trees.” The chart below is a view of “the forest”, in its full glory. Cht originally via ISI Evercore, additional annotation by FFTT. #TreeRings you probably shouldn’t look at this chart #MARGINDEBT VS #SP500 … Read more