Huge New Prop under the Stock Market is a One-Time Affair

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Crash insurance with an expiration date. But its working while it lasts. In May, with great and perfectly orchestrated fanfare, US corporations announced plans to buy back $173.6 billion of their own shares sometime in the future. it was the largest monthly buyback announcement ever. And some of the announcements were … Read more

Miss America Pageant Ruined by Cultural Marxists: No More Swimsuit Competition, Interview Session Instead

by Chris Black In a related story, the Miss America Pageant will not be broadcast this year due to a total lack of viewers and sponsors.  Joke aside, after turning America’s campuses into leftist indoctrination centers and Hollywood into a hard-core propaganda machine for cultural marxism, now it’s Miss America pageant’s turn to get slapped … Read more

The American Empire and its Media – Executives and Top Journalists of Almost All Major Us News Outlets Have Long Been Members of the Influential Council on Foreign Relations, To feed Propaganda

via swprs.org: Largely unbeknownst to the general public, executives and top journalists of almost all major US news outlets have long been members of the influential Council on Foreign Relations (CFR).  Established in 1921 as a private, bipartisan organization to “awaken America to its worldwide responsibilities”, the CFR and its close to 5000 elite members have for … Read more

Technically Speaking: Bulls Charge Into “Trade War”

by Lance Roberts On Monday, stocks opened higher as the bulls pushed the market above overhead resistance. In this past weekend’s missive, I updated our ongoing “pathway” analysis which continues to drive our overall portfolio positioning currently. To wit: “As shown by the reddish triangle, the ongoing consolidation process continues. Eventually, this will end with either a bullish … Read more

Doug Casey on the Crisis in Argentina

Via Casey Research Justin’s note: Argentina is teetering on the edge of a full-blown crisis. Its currency, the peso, is in free fall. Inflation is skyrocketing. And foreign investors are fleeing the country. In short, it’s starting to feel like 2001 again. So, it’s no surprise that the Mauricio Macri government is doing everything it can … Read more

Short Sellers and Options Traders Bet on More Deutsche Bank Pain

via Reuters: Short sellers and derivatives traders are betting Deutsche Bank’s (DBKGn.DE) share price recovery will prove temporary, with data suggesting short interest in the German lender is the highest of any global bank. Germany’s largest bank saw its shares slump to near record lows last week after a credit rating downgrade, reports the U.S. regulator … Read more