It’s Fear That Is Crippling Our Economy

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BY PATRICK WATSON Financial markets move when humans (or machines programmed by them) buy or sell. In theory, these decisions are rational. But in reality, they’re often driven by emotions. The two key investor emotions are fear and greed. Today, I want to talk about fear. Fear usually helps us avoid harmful and potentially dangerous situations. However, if … Read more

Fears Over 5G Tech… Cancer From Cell Towers?

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(CBS News/CBSNewYork) – The wireless industry is in a race to roll out 5G service. The network is supposed to be up to 100 times faster than current data speeds, but it requires cellphone tower equipment to be closer to users than before. Wireless companies in the U.S. say they’ll have to install about 300,000 new antennas … Read more

Inspector General Report: Social Security Paid $20 Million to 678 Dead People

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via cnsnews: (CNSNews.com) – The Social Security Administration is doing a better job of cutting off payments to dead beneficiaries, but the problem isn’t solved. According to a May 24 report from the Office of the Inspector General of the Social Security Administration, 678 beneficiaries who were verified as deceased as of April 2017 received approximately $20 … Read more

Rediscovering How Food Is Grown

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by SP I am really enjoying reading Barbara Kingsolver’s story of moving from Tuscon to a rural family farm in Virginia.  Animal Vegetable Miracle.  She is funny and perceptive. She talks about the loss of basic food growing literacy in the American people. … Most people of my grandparents’ generation had an intuitive sense of agricultural basics: when various fruits … Read more

Eurozone Crisis II: Its Here!

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by Dave Italian 10 year bond yields screamed up 48 basis points today on prospects of a new election in Italy.  The Italian President (a holdover appointee from the PD) rejected the new LN/M5S finance minister over the weekend, and now the wheels are coming off the wagon. https://tradingeconomics.com/bonds It seems as though this was expected by … Read more

UK Gov Thinks Rising Crime Rates are Due To Music Videos, so YouTube Deletes 30 ‘Violent’ Music Videos: Report

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by OT UK Gov thinks music videos with violent scenes are to blame for rising crime rates, so in the continuing of even more censorship, tells YouTube, who obliges, in pulling 30 Music videos mostly from the Chicago Drill Genre. Guns, sharp knives, porn, music. They are running out of things to ban. via billboard: YouTube … Read more

Update on the Most Splendid Housing Bubbles in America

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Some beautiful spikes too. Prices of houses and condos across the US surged 6.5% from a year earlier (not seasonally-adjusted), according to the S&P CoreLogic Case-Shiller National Home Price Index for March, released today. The index is now 7.8% above the crazy peak of “Housing Bubble 1” in July 2006 just … Read more

Bilderberg 2018 Is About To BEGIN In Italy! – What To Expect (with Dan Dicks)

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Josh Sigurdson talks with Dan Dicks of Press For Truth, a renowned Bilderberg researcher and someone who has protested and reported on every Bilderberg meeting going back to 2006. Dan has documented countless confrontations with Bilderberg members over the years, getting some of the most important info from members alongside people like Luke Rudkowski of … Read more

The FANG stocks won’t save you

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From Dan Ferris, Editor, Extreme Value: If you believe higher earnings will make stock prices go up, you’re not completely wrong… But the highest earnings growth doesn’t make stocks go up the most. In fact, history shows the S&P 500 Index tends to perform poorly when earnings grow more than 20% per year. (S&P 500 earnings … Read more

Euro/US dollar is crashing – indication that risk off event is coming?

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by SpontaneousDisorder The daily sentiment index had some extreme readings in this pair so could pause or rebound soon. The commitment of traders positioning has not moved much yet though so there is fuel for a much larger move long term. https://hedgefundtelemetry.activehosted.com/index.php?action=social&c=195&m=246 “fixed-income markets have descended into panic amid mounting concern over the risk of … Read more