The United States of Suicide: 25% Surge Since 1999 Brought on by Debilitating Depression and Incessant Isolation

By Bob Shanahan   I really hope this article doesn’t depress you as it did me while I was researching it. But this is an important subject that must be discussed and properly dissected.   Here’s a shocking and telling statistic on the direction of American society today: suicide rates have risen sharply in every … Read more

How the Socialists Keep the Poor – Poor

by Martin Armstrong Everyone knows I donated my time to try to reform Social Security and privatize it back in the 90s. I was even shuttling between the Chairman of the House Ways & Means Committee, Bill Archer, and the House Majority Leader Dick Army. I argued for the privatization of Social Security to allow it … Read more

Senator Feinstein Makes SHOCKING Admission About Illegal Immigrants Under Obama

https://www.youtube.com/watch?v=KLi11Df9vOE Cassandra Fairbanks for the Gateway Pundit reports, Senator Dianne Feinstein (D-CA) claimed that she “didn’t really know enough” about the “mistreatment” of illegal immigrants to pay attention to it during the eight years that Barack Obama was in office. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…

Move Along, No Bubble Here. Nothing Can Go Wrong

move along, no bubble here. pic.twitter.com/XEpQHnRAsk — Alastair (@StockBoardAsset) June 12, 2018 nothing can go wrong pic.twitter.com/ANbV4kXoog — Alastair (@StockBoardAsset) June 11, 2018 Tech relative EPS growth off a bit pic.twitter.com/QimKMOHnQi — Teddy Vallee (@TeddyVallee) June 12, 2018 https://twitter.com/DonDraperClone/status/1006266970126340096 the middle class gets nothing — all the wealth goes to <10%… debt-fueled tax reform continues … Read more

Is the mortgage industry the catalyst for the next financial crisis?

by ConcreteCrusher I’ve been reviewing in depth the non-banking mortgage originating industry, FHA’s mortgage insurance funds and Ginnie Mae’s mortgage backed security insurance programs. References: https://www.hud.gov/sites/dfiles/Housing/documents/MMIQtrlyQ12018.pdfhttps://www.hud.gov/sites/dfiles/Housing/documents/2017fhaannualreport.pdfhttps://www.ginniemae.gov/about_us/what_we_do/Reports_To_Congress/ReportToCongress17.pdfhttps://www.brookings.edu/wp-content/uploads/2018/03/5_kimetal.pdf Since the Financial crisis there has been a considerable increase in loans orignated from non-banking mortgage entities, insured by the FHA and securitized by Ginnie Mae into mortgage backed … Read more

Got a CP14 letter from the IRS saying I owed >$1,200 for failure to file (which is true). I called them and a 25 minute call reduced it to $56, just the interest, due to their “First Time Abatement”. It never hurts to call!

by FranklyPatheticAnswr I was just dumb this year and just didn’t file on time for the first time ever. I owed substantially more than normal this year, which I anticipated, but didn’t have the funds in the right account to file and pay before the deadline. I called them and in 25 minutes my penalties … Read more

Asian Financial Crisis v2.0

via theguardian: Are brewing exchange rate and debt crises in Argentina and Turkey localised events without broader implications? Or are they early warning signs of deeper fragilities in bloated global debt markets that are being exposed as the US Federal Reserve continues to normalise interest rates? Rising interest rates could test stability in some advanced economies as … Read more

Strangely enough, the last two historic and major #NorthKoreanSummit ‘s coincided with the top in the Stock Market. To. The. Month. June 2000, October 2007…….June 2018?

https://twitter.com/OccupyWisdom/status/1006397170935894016 pic.twitter.com/9rIDcfvAJ0 — Alastair (@StockBoardAsset) June 12, 2018 h/t @McClellanOsc pic.twitter.com/hG3GN0fsux — Alastair (@StockBoardAsset) June 11, 2018 https://twitter.com/OccupyWisdom/status/1006389908938854401 h/t @OccupyWisdom

Global Morning Highlights

by QuantalyticsResearch Global stocks appear to be shrugging off the Trump-Kim summit as investors shift their focus to the US FOMC decision on Wednesday, the European Central Bank (ECB) decision on Thursday and the Bank of Japan (BOJ) policy decision on Friday US equity index futures are declining this morning with the Dow Jones minis … Read more

Fund Managers Are Preparing for a Crash

Fund Managers Are Preparing for a Crash “We’ve sown the seeds for the next downturn” and there’s a lot of similarities to 2008, one fund manager says. Central Bank-Inspired “Major Credit Squeeze” Will Trigger Next Crisis As Prins reminds us early on, the Fed and other central banks have expanded their balance sheets by more … Read more

Bitcoin Could Drop Another -34%

by stockboardasset Glancing over the chartbook this evening, we are taking a look at Bitcoin BTC/USD (weekly) rejecting a 50sma and nearing a low volume node probe. As long as the 50sma 7,894 level is rejected, there is a downside imbalance risk to the 100sma at 4,498. As we have mentioned before, we have zero USD in … Read more

Trey Gowdy Finds Out Hillary Clinton REFUSED To Be Interviewed by Inspector General!

by Thinker During a congressional hearing looking into the Hillary Clinton email investigation, Congressman Trey Gowdy finds out from the Inspector General of the State Department that Hillary Clinton declined to be interviewed by him. Missing email and records, resignations all because Hillary didn’t win, but truth is. Not all records and Trump is moving … Read more

World Headed For Cyclical Slowdown

via WAINE VAN VUUREN Despite the U.S. leading economic indicators appearing healthy, the global economy appears to be headed for a slowdown, with only 34% of the 40 countries we track having leading economic indicators (LEI’s) signalling growth ahead, and the actual GDP-weighted Global LEI growth now below zero (click any image to enlarge): The specific … Read more