By Lance Gaitan You usually find me sifting through important economic data and analyzing how it’ll affect the Treasury market. That’s my wheelhouse. We’ll get to that stuff soon, after we talk about the forces (political and otherwise) that moved the markets. Last week, political volatility at home and abroad left its mark on stocks, commodities, and … Read more
via Zerohedge: Being a Chief Investment Officer at Soros Fund Management, the $26 billion family office run by billionaire George Soros who reportedly lost $1 billion following the Trump election as a result of bearish market bets, is not easy: recall that in August of 2016, Ted Burdick, the former CIO and veteran Soros employee, stepped down … Read more
by Simon Black This morning after my plane landed from Bangkok, I was having breakfast in the business lounge in Sydney and glanced at the local paper, The Australian. The front-page headline told the story of yet another banking scandal: “Cartel case nets six bankers” The article was about how six prominent investment bankers in Australia colluded … Read more
by Dave Kranzler of Investment Research Dynamics The propaganda laced with bold lies is enveloping the media. The JOLTS report (Job Openings and Labor Turnover) released today alleges that the number of job openings in April hit a record. Of course, the April number was based on large revisions to previous data. The number reported is also “seasonally … Read more
From Real Engineering: In 2005, a new submarine proved so threatening that the U.S. leased its technology in order to counter the silent threat…
This week, financial advisor Mike Mitchell answers a listener question: “I have a 403(b) retirement plan with $250,000 in it. Can this amount be rolled over to another self-directed retirement vehicle?” – Ben B. (FTM Platinum Member) According to Mike Mitchell, there are at least three ways to rollover your 403b to another retirement plan. … Read more
https://www.youtube.com/watch?v=vIEYQSBxtZw Tolerance for each other, bottom line we all bleed the same way. SG
via Financial Sense® Wealth Management Deutsche Bank credit default swaps (insurance against default risk) are moving back up today: Unicredit (Italian Bank) CDS moving back up after a 2-3 day respite while its stock price remains weak: Monte CDS moving back up: French CDS moving back up: Italy CDS moving back up: There has been absolutely NO … Read more
by Disobedient Media Over the past few months, many questions have been raised regarding the ‘mysterious Maltese Professor,’ Joseph Mifsud, and his involvement in the Trump – Russia saga. Disobedient Media broke coverage of Joseph Mifsud’s connections to UK intelligence, as well as the connection of Russiagate’s central ‘witnesses’ to British Intelligence, Disobedient Media was also the first outlet to … Read more
via Schiff A lot of seemingly positive economic data came out last week, but in his most recent podcast, Peter Schiff said it is just feeding into a delusional economic narrative that ignores the most fundamental storyline – debt. Everybody is talking about a new era of prosperity, but Peter said it’s a phony prosperity and … Read more
Archive: http://archive.is/5AmGf From the article: “U.S. border agents made more than 50,000 arrests in May for the third month in a row, the Department of Homeland Security said Wednesday, an indication that escalating enforcement tactics by the Trump administration — including separating migrant parents from their children — has not had an immediate deterrent effect.” Um, … Read more
From the Daily Mail no less. The videos of the AZ suspected sex trafficking camp have finally got some attention. But, it is a reasonable way down the page! via Daily Mail : Abandoned camp near Tucson, Arizona, was uncovered by Veterans On Patrol Campaigners claim the site was used to imprison and sexually abuse children … Read more
I call bs … voter fraud already AC
https://www.youtube.com/watch?v=nLfVPxswkdA The death toll from the Fuego volcanic eruption rose to at least 75 while the search for over 200 missing people continues, as seen on footage filmed in Los Lotes on Tuesday. Furthermore, as many as 3,200 people have been evacuated with 2,000 being accommodated in shelters according to official figures. READ MORE: https://on.rt.com/96wg
via usnews: The world has become less peaceful in the past year as longstanding global conflicts remain unresolved and the United States and other world powers face political instability, an international study finds. The 12th annual “Global Peace Index” by the Institute for Economics and Peace, an independent non-profit think tank based in Australia, scored 163 independent states and territories according … Read more
AMD tops Intel with its 32-core Threadripper 2, which will ship this year. “Intel wowed the Taipei crowds on Tuesday with a 28-core Core chip, which the company promised by the end of the year. One day later, on Wednesday, AMD announced Threadripper 2—and at 32 cores and 64 threads, it will easily top what Intel … Read more
Josh Sigurdson does another Freedom Minute update, this time on a mysterious story, something we wouldn’t usually go into. A UFO was caught stalking a U.S. aircraft carrier for days in November 2004 according to newly released Pentagon documents. The craft which was described as an elongated egg or a “tic tac” moved at supersonic … Read more
by Ruby Henley A disturbing conflict is taking place as we speak in Tucson, Arizona. Below is a short video from Facebook by Veterans on Patrol. If you take the time to watch it, you will understand what a critical situation this is. You will understand that the prayers of the American people are needed. … Read more
by Charles Hugh-Smith We’re going to get a synchronized global dynamic, but it won’t be “growth” and stability, it will be DeGrowth and instability. To understand the synchronized global meltdown that is on tap for the 2021-2025 period, we must first stipulate the relationship of “money” to energy:“money” is nothing more than a claim on … Read more
Dow stock Caterpillar is quietly falling after soaring 70% last year. Here’s why that matters from CNBC. What ever happened to “synchronized global growth?” Nobody is suddenly looking for economic recessions in new corners of the globe. But amid a weakening in some global economic data relative to activity in the U.S., there’s no question … Read more