NIRP’s Revenge: Italian Bonds Plunge, Worst Day in Decades

by

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Markets wail and gnash their teeth as “normalization” of Italian yields sets in. On Tuesday, Italian bonds had their worst day in Eurozone existence, even worse than any day during the worst periods of the 2011 debt crisis. And this comes after they’d already gotten crushed on Monday, and after they’d … Read more

European Implosion Sends Panic Through Global Markets As George Soros Warns ‘We May Be Heading For Another Major Financial Crisis’ Facebook Twitter

by

by Michael Snyder  I told you to keep your eyes on Europe.  On Tuesday, widespread panic shot through European financial markets and this deeply affected U.S. markets as well.  The Dow Jones industrial average fell 391 points, and at this point the Dow and the S&P 500 have been down for three trading sessions in a row.  But … Read more

Next Housing Recession in 2020, Predicts Zillow

by

via investopedia: The housing market in the U.S. could enter a recession in under five years, with online real estate company Zillow predicting that it will happen in 2020. In a research report in which Zillow polled 100 real estate experts and economists about their predictions for the housing market, it disclosed that nearly half of all survey respondents … Read more

Catch & Release: Oregon so concerned about assault weapons that they release man caught with an AK47

by

by DCG Oregon is very concerned about citizens getting their hands on assault weapons. Politicians there are so concerned that back in April, Oregon Attorney General Ellen Rosenblumfiled a draft ballot title for an initiative petition that would ban assault weapons except for military/law enforcement purposes. So when a man was arrested with an AK-47 what did … Read more

French Unions Protesting Economic Reforms in France as Always

by

by Martin Armstrong     In France, the Unions and opposition parties are rising up in protests denouncing a Macron-led overhaul of labor rules that would reduce worker protections and laws increasing police powers. They are alleging that Macron supports tax reform which favors France’s wealthiest and is working to tear down public services. They, of course, … Read more

All-star panel weighs in on gold

by

From Kitco News: At the Mines & Money Conference in New York, Kitco’s Daniela Cambone is joined by veteran investors, analysts, and industry experts to discuss the future of gold in this rising interest rate, low volatility environment. Continue reading at Kitco News…

Bitcoin Backlash as ‘Miners’ Suck Up Electricity, Stress Power Grids

by

by Thinker Bargain electric rates are attracting digital currency entrepreneurs, but three public utilities districts are reassessing how they deal with the surging demand, and whether they should even try to keep up. Residential customers, meanwhile, worry that their rates will go up. By Paul Roberts Special to The Seattle Times Public hearings for rural … Read more

Academic normalization of pedophilia as natural and normal

by

by Dr. Eowyn There is a systematic effort by academia to “normalize” pedophilia. Below are three examples: (1) 1981 book, Perspectives on Paedophilia, published by the respectable Batsford: Aimed at “social workers, community workers, probation officers and child care workers,” the book was edited by Sussex University sociology lecturer Brian Taylor. In his “Introduction,” Taylor decried society’s “prejudice” … Read more

College is a scam… and you’re paying for it

by

From Reason: A new book makes the case against education. Who would argue against education? Economics professor Bryan Caplan. He tells John Stossel that “what we need to do is to go back to a world where college is not so accessible.” That’s because most people don’t learn much in college. Studies find that a third of … Read more

The Collapse of High-Yield Bonds Is Imminent

by

BY JOHN MAULDIN The experts who investigate transport disasters, crimes, and terror incidents usually create a chronology of events. Reading them in hindsight can be haunting—you know what’s coming and you want to scream, “Don’t do that!” But of course, it’s too late. We do something similar in economics when we look back at past recession … Read more

Government policy right now favors these stocks

by

From Frank Holmes at Frank Talk: The Dodd-Frank rollback is just the latest move by the Trump administration that should benefit smaller businesses.Quarter-to-date, the small-cap Russell 2000 Index is up more than 6%, compared to the S&P 500 Index, which is up 2.8%. Meanwhile, small business optimism , as measured by the National Federation of Independent Business … Read more

Chris Vermeulen: Are You Prepared for The Next Move In The U.S. Stock Market?

by

***** by Chris Vermeulen of The Technical Traders Ever since the deep price rotation in late January/early February 2018, many analysts have attempted to pinpoint the next moves in the markets.  We recall reading the “doom and gloom” reports telling traders this is the big one and to prepare for a much lower price breakdown.  We also read … Read more