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$DJIA has been lurking just under 200MA for the past 7 trading days. That MA had previously acted as support. If DJIA starts downward from here, that means lurking is over and the downtrend is getting going for real. DON’T BE FOOLED. The consumer is in BIGLY trouble. “Net worth” is an imaginary number. Numbers … Read more
The Justice Potter Stewart Bubble: Wilshire 5000 To GDP Ratio At All-time High US Supreme Court Justice Potter Stewart once stated that with regard to obscenity, “I know it when I see it.” The same goes for asset bubbles. I know one when I see it. The Wilshire 5000 stock index to nominal GDP ratio is … Read more
– Interest Rates Cannot Rise Because It Will Cause A Recession Sorry, rates are unsustainably low and bond yields as well. Rate hikes are urgent and healthy. If “growth needs zero interest rates” and massive debt, why is growth so poor??? Global Bubble Mentality: – Interest Rates Cannot Rise Because It Will Cause A Recession … Read more
What do you think the TRIGGER EVENT will be for the next financial crisis? Let’s look at what’s really going on. Globally, in 2018, markets have shown their true weakness. As soon as central banks made it known that QE was not here to stay, the market just needed some sort of trigger event. Once … Read more
via Mike Bird and Riva Gold Even before a round of U.S. tariffs levied on China comes into force Friday, there are signs that global trade is already cooling. Business surveys published this week show that global export growth, strong in 2017, has slowed to a relative crawl—helping to drive sharp stock-market falls in big exporting nations like South … Read more
by Egon von Greyerz Can investors really be that wrong? Global risk is today greater than ever in history and at the same time the great majority of investors show no fear at all. There are so many potential catalysts that could shake the world economy out of its sweet dreams into a living nightmare that … Read more
https://www.youtube.com/watch?v=dU8SoW_dTRo At the height of the immigrant influx into Europe in 2014 and 2015, Sweden with a population of 6.7 million, accepted 244,178 asylum seekers – by far, the highest rate per capita in the EU. Since then the rate of violent crime has soared, particularly sexual assault cases.
by DCG From Yahoo (via Engadget): The New York Times recently published a reportthat revealed a disturbing trend of harassment and domestic abuse via internet-connected devices. In addition to using them to stalk and monitor their victims, abusers are also doing things like changing door-lock codes, turning lights on and off and boosting the thermostat to unbearable heat. In short, making their victims … Read more
by Thinker What happened to HONOR? Actions with integrity and truth don’t have to be reprimanded or threatened. How far does ownership go over a man/woman when they sign to join the military and serve their country? The military firing officers for using social media that promote unity in the United States? So does the military … Read more
by Thinker Every American who has gone to war or lost a loved one is who the “deep state” wants to keep information from. Who have the men/women of the U.S. been fighting and dying for if it wasn’t what they were told? Libya??? The Christopher Stevens story opens the doors that should have President … Read more
From the NBC original story and buried near the end: In response to a series of questions from NBC, Ohio State emailed a statement saying that the law firm Perkins Coie was overseeing the probe into the Strauss allegations for the university. OSU said it has also reached out “to the Columbus Division of Police and the … Read more
by John Ward A new Prime Minister, a new Foreign Secretary, and a major breach of Porton Down security that threatened to become political dynamite for a Conservative Government already struggling to survive after an ill-timed General Election. Is this how the Salisbury Novichok saga started – as a means to cover up incompetence by blaming … Read more
The people who keep voting for her in this district, even though nothing ever changed over the years, are more stupid than she is, which is A LOT! LINK: https://twitter.com/kwilli1046/status/1014671966714912768 The 43rd district boundaries https://www.govtrack.us/congress/members/CA/43 https://youtu.be/qNpLUFRfsZI How Maxine Waters lives v. Maxine's constituents https://t.co/FDCa3fbWZX #RedNationRising pic.twitter.com/oImynLHq5a — Red Nation Rising (@RedNationRising) March 30, 2017 This is … Read more
by DCG Kill your babies via abortion? That’s a right! Educate your babies to read and write via compulsory, taxpayer-provided education? Fuhgetaboutit! By Lori Higgins at Detroit Free Press: Few could dispute the importance of literacy. But children have no fundamental right to learn to read and write, according to a federal judge whose ruling in a … Read more
by howmuch Everybody assumes that CEOs make the most money, but it turns out that getting into the C-Suite isn’t the only way to earn a giant paycheck. Publicly traded companies are now required to release pay figures for their average workers, and some are indeed paying big bucks to the Average Joe. Our new … Read more
by yellowsnow2 This is just the first source I could find because the search terms bring up so much garbage. If you don’t like the source feel free to look for another. “As president, I will make it clear that the United States will treat cyberattacks just like any other attack,” the Democratic presidential nominee said. … Read more
by SpaceFloow I found this article that believes the Novichok attacks could have been done by anyone, not just Russia. https://newsclick.in/novichok-story-indeed-another-iraqi-wmd-scam TL;DR Porton Down has acknowledged in publications it has never seen any Russian “novichoks”. The UK government has absolutely no “fingerprint” information such as impurities that can safely attribute this substance to Russia. Until … Read more
Awan pleas out, flips on her, she’s next. The DNC server is the key. EVERYTHING will be coming out soon. These people are stupid. And desperate. Review the accusations (predicted) against key House Intelligence and Judiciary Committee members (Devin Nunes, Jim Jordan). Smokescreen. Mitigated. Let not your heart be troubled. https://assets.documentcloud.org/documents/4572468/Imran-Awan-Plea-Agreement.pdf U.S. Department of … Read more
by Michael Snyder Firefighters all over the western part of the country are talking about an unprecedented wildfire season, and we are only in early July. It is going to get a lot hotter and a lot drier as we move deeper into the summer, and the wildfires are likely to get a whole lot … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Was “QQE” just a pretext for bringing the government bond market under control to avoid a Greek-style debt crisis? In June, total assets on the Bank of Japan’s balance sheet dropped by ¥3.79 trillion yen ($34 billion) from May, to ¥537 trillion ($4.87 trillion). It was the third month-over-month drop in seven months, … Read more