by Dr. Eowyn Hank Berrien reports for The Daily Wire, June 1, 2018, that May was a disastrous month for CNN’s primetime schedule, compared to 2017, ranking behind Fox and MSNBC. According to Adweek, compared to the same period last year: CNN’s total primetime viewers plunged 25%. Prime time is the period TV news advertisers traditionally look at … Read more
by Jim Quinn I wonder what happen next. May jobs report signaling strong growth ahead? Not so fast says Danielle DiMartino Booth… The jobs report for May shows even lower unemployment rates, but does that mean it’s showing enduring strength and growth? Danielle DiMartino Booth says not so fast. Danielle DiMartino Booth spent nine years … Read more
by Martin Armstrong After the first week, the new General Data Protection Regulation (GDPR) in Europe has done far more damage than Brussels ever anticipated. This regulation, which was intended to really prevent political marketing against the government, is actually destroying the German Internet. Operators have chosen to simply shut down their websites for fear of lawsuits. Many online … Read more
A drone mission has alarmed scientists monitoring the erupting Hawaii volcano. The latest aerial drone footage of the volcano has revealed dramatic changes within the volcano spotted at one of Kilauea’s main craters There are new alarming cracks and fault seen in a collapsed crater, some of which are spewing with intense steam. Scientists are … Read more
https://twitter.com/HenrikZeberg/status/1002555553388822528 Corporate debt to GDP is at its high point, all the while the underlying credit rating has continuously deteriorated. Another side affect of easy money. pic.twitter.com/f7vBGkVdiA — Michael Lebowitz, CFA (@michaellebowitz) May 31, 2018 dshort.com does some of the best work out there! It is a bubble, however as long as job growth and … Read more
https://www.youtube.com/watch?v=LIWwJ9QnfeA Cassandra Fairbanks for the Gateway Pundit reports, CNN’s White House Correspondent Jim Acosta was caught on video in the midst of a “meltdown” when the Secret Service didn’t recognize him on Wednesday. Read More/Source/Credit/FairUse: http://www.thegatewaypundit.com/2018/…
https://www.youtube.com/watch?v=D_1VBoEyu4M Cristina Laila for the Gateway Pundit reports, Another day, another Deep State leak to the New York Times. According to the New York Times, one of the memos McCabe penned last Spring reveals the former Deputy Director of the FBI feared Rosenstein helped provide Trump with a cover story for his Comey firing. Read … Read more
Andrés Manuel López Obrador is America’s worst nightmare If the candidate better known as AMLO wins Mexico’s July 1 presidential election, we are in big trouble. Obrador’s populist agenda worries economic experts at home and abroad. They paint him as a Hugo Chávez-style authoritarian “tropical messiah” who could turn Mexico into another Venezuela. He wants to: … Read more
https://www.youtube.com/watch?v=UaxvpGd1Tgk As far as we know at EWI, bear markets have not been banned. And, unless history stops repeating itself, another one is inevitable. Yet, even after a nine-year upturn, some market observers continue to anticipate only temporary dips.
Jun 1 – FS Insider interviews Financial Sense Wealth Management CIO Chris Puplava on the QE unwind by the Fed and other central banks now putting pressure on emerging markets, the high yield debt market, and other…
by DCG Homeless in Seattle… You know what that means: The local governments are going to need more taxpayer dollars! From Spokesman Review: For the first time, King County’s annual one-night count of homelessness found more than half of homeless people were sleeping outside versus in shelter, with a stark increase in the number of vehicle campers. With pressure … Read more
by Michael Snyder Don’t get too excited about the “good employment numbers” that you are hearing about from the mainstream media. The truth is that they actually aren’t very good at all. For years, the federal government has been taking numbers out of one category and putting them into another category and calling it “progress”, and … Read more
by jessefelder Much has been made of the plunge in the Smart Money Index this year and for good reason. In the past, major downturns in the index like we are witnessing today have proved to be prelude to major downturns in stock prices. Many have wondered about the underlying dynamics for the decline in the index of … Read more
via Business Insider: The Everything Bubble has made the inflation of the second housing bubble, now well further into its mania stage than the subprime bubble got, go largely unnoticed. As ZIRP, QE, and the resultant wild risk-asset inflation has combined with government-backed housing loans and predatory lending, the housing crescendo has been fast and furious. … Read more
via Daily Reckoning: The extreme folly of making predictions about what will happen due to the Fed’s unprecedented interference in free markets can be summarized neatly; nobody knows because in all of recorded history there has never been a period of time when money has been available for nearly free for this long. It is … Read more
Most of the time, successful investing is a waiting game. Just as there are poor times to sell your stocks, there are poor times to buy them as well, and sitting on money while you wait for a better opportunity is often one of the best investing decisions that you can make. h/t getthesmarts
by andthenisawtheblood Really curious to hear some of your thoughts on this, as I’ve seen “ethical investing” come up from time to time. Here’s a couple articles on the subject: Google Won’t Seek to Renew Pentagon Contract After Internal Backlash (Short WSJ article) How a Pentagon Contract Became an Identity Crisis for Google (Long NYT article) I … Read more
by COMPUTER1313 https://www.bloomberg.com/news/articles/2018-06-01/trump-said-to-grant-lifeline-to-money-losing-coal-power-plants-jhv94ghl The Energy Department would exercise emergency authority under a pair of federal laws to direct the operators to purchase electricity or electric generation capacity from at-risk facilities, according to a memo obtained by Bloomberg News. The agency also is making plans to establish a “Strategic Electric Generation Reserve” with the aim of … Read more
With river channels filling after thousands of years or being dry in Afghanistan, and also next to abandoned ruins and the same thing happening in in east Africa as lakes not full since the end of the mid-Holocene refilling, we seriously need to ask ourselves if this isn’t a 3000 year + cycle we are … Read more
by Thinker Tough times for the big banks are upon us. The summer of 2018 will be remembered for a long, long time as the Summer from Hell for the legacy financial system! https://youtu.be/VmHzDpcnh14 Germany and the ECB will need to bail out Deutsche Bank. It’s simply Too Big To Fail. The question is, how … Read more