by stockboardasset Estimates range of rising gas eating up a third to half of fiscal boost It’s a question on everyone’s minds, as gas prices tip toward $3 a gallon nationally and campaigning for midterm elections heats up — will the rise in gas prices offset the benefit of the tax cuts? The general rule of thumb is … Read more
by Fabius Maximus Summary: Here is a summary of the RussiaGate stories, fragments of contradictory information about something that might be big beyond imagining. Both sides have constructed pleasing narratives based on leaks and rumors. Narratives which they believe are proven facts. Let’s begin with some delusional statements from Paul Krugman, a prominent liberal. “There’s really … Read more
by Thinker How many will throw themselves in front of the bus to protect Hillary Clinton? https://youtu.be/jXoZH3ra108 1% of released Clinton emails have already spent the world of pedophiles into a frenzy. What happens when the Wiener laptop information hits the masses? Shock and Awe! If our justice system refuses to put these pedophiles in … Read more
via Mauldin Economics: Market makers are banks that are active in trading markets like stocks and bonds, providing everyday trading liquidity. Combine a drastically curtailed market making function in the wake of Dodd Frank with fund bidders who have no interest in or responsibility for providing liquidity (and will vanish in an instant in a … Read more
"EM crisis spreading: #Argentina Peso has dropped another 5% this week, South Africa Rand, #Turkey Lira, #Brazil Real almost 4%, and even #Poland Zloty and #Hungary," h/t @Schuldensuehner pic.twitter.com/5tzuEek73s — Alastair (@StockBoardAsset) May 20, 2018 Global QE Dream Ends, ECB Sees Rate Hikes, “Normalization” Becomes a Thing via Wolf Richter The Fed leads, the ECB follows. … Read more
https://twitter.com/OccupyWisdom/status/997840422008446978 h/t OccupyWisdom
In theory, WMT and MCD get as much boost in a recession from people switching from higher cost competitors, as they lose from their regular customers having less to spend. In any given recession, the market may or may not choose to buy that theory. Also, a recession gives all companies (even those not really … Read more
by Aviator2903 I saw plenty of other posts about various employment scams and I recently encountered one myself. My sister-in-law is in college and in the process of applying for internships. She ran into one job posting on Indeed that looked legit so she applied. Immediately, she got an email from “Amazon” inviting her to … Read more
They all end in a euphoric crack-up boom. In less than a year, the U.S. government has been clocking in debt at an average of $52,000 per SECOND, which more than what the average American earns in an entire YEAR! Is the U.S. government bubble finally reaching the end?
Where does renowned financial and geopolitical analyst Martin Armstrong see big trouble brewing? Look no further than the bond market. Armstrong explains, “The bond market is going down. . . . We’ve already started into it. . . .You have to understand both Japan and Europe have destroyed their bond markets. They have completely and … Read more
This is Mirriam-Webster. An assault rifle has always been only military rifles capable of full auto. I guess since the media have intentionally misused the term so much recently they decided to validate the misinformation. h/t somethingisaskew
https://youtu.be/KoBtb5ZGmKA Just tweeted by Trump, telling DOJ Release the Documents Donald J. Trump – Verified account @realDonaldTrump Following Following @realDonaldTrump More If the FBI or DOJ was infiltrating a campaign for the benefit of another campaign, that is a really big deal. Only the release or review of documents that the House Intelligence Committee (also, … Read more
https://youtu.be/BlVjDfsw1Ds Google’s unofficial motto has long been the simple phrase “don’t be evil.” But that’s over, according to the code of conduct that Google distributes to its employees. The phrase was removed sometime in late April or early May, archives hosted by the Wayback Machine show. Read more… https://gizmodo.com/google-removes-ne… http://www.wochit.com
At 2,100 mph 80% of the thrust came from the ram air bypassing the compressor ducted straight into the combustors. h/t DGN
via dailyreckoning: If you wake up tomorrow and oil prices have spiked to $100 per barrel, here is what will have happened. You will find out that a long range Burkhan – 2H missile will have directly hit the Saudi Royal Palace in Riyadh. The reaction to this missile will be swift and severe. Within the … Read more
via Wall Street Examiner: It’s starting to feel a whole lot like 2008 again. Everyone looking sidelong at each other as the market refuses to correct despite a steady stream of negative underlying data. “Everything is still okay, right? Everything’s just going to keep going up because it just keeps going up, right?” Nobody wanted … Read more
up 0.5% from the previous quarter https://twitter.com/wsjcentralbanks/status/997428085724237824?s=11 Household Debt Now Well in Excess of Pre-2008 Debt Crisis Levels Remember how it went in 2008? Markets positively drowning in credit. Subprime for miles, increased credit card limits for all. Boom times. Everything was humming along exactly as it had been for years. Then, overnight, it all … Read more
by TFittonJW This is quite the Update from your friendly neighborhood Judicial Watch: You can review the new Podesta Group Docs here: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-obtains-emails-showing-podesta-groups-work-pro-russia-ukrainian-political-party/
https://www.youtube.com/watch?v=ZePYfXDAZAE http://www.hawaiinewsnow.com/
Judge Jeanine: Jeff Sessions is the Most Dangerous Man in America