LATE-STAGE SOCIALISM: Blackouts, hyperinflation, hunger: Maduro faces reelection as Venezuela deteriorates.

Blackouts, hyperinflation, hunger: Maduro faces reelection as Venezuela deteriorates. Since Maduro took over from Hugo Chávez — his mentor, who died in 2013 — Venezuela’s crisis has steadily intensified as a result of lower oil prices, corruption and a socialist system plagued with mismanagement. But as Maduro has sought to further consolidate power in the … Read more

WASHING OUT BAD REGULATION

If you’ve bought a dishwasher recently, like I have, you’ve probably noticed that you need to run it on the heavy setting to get your dishes clean – and it runs for hours to do so. You can probably guess why – “energy efficiency” regulations from the Department of Energy. However, the law authorizing the … Read more

Mauldin: A Liquidity Crisis Of Biblical Proportions Is Upon Us

BY JOHN MAULDIN Last week, I mentioned an insightful comment my friend Peter Boockvar—CIO of Bleakley Advisory Group—made at dinner in New York: “We now have credit cycles instead of economic cycles.” That one sentence provoked numerous phone calls and emails, all seeking elaboration. What did Peter mean by that statement? In an old-style economic cycle, recessions … Read more

Can you really make 10% returns yearly?

by big_deal 8-10% is an accurate historical average rate of return on equities (stocks) over the long term. However, here are some very critical qualifications on these returns: These values are nominal total returns over a period of time with higher average inflation rate, higher average dividend rate, and lower company valuations. The expected returns over … Read more

Acting Assistant Attorney General MIA for Congressional Oversight Hearing with Gowdy

by Thinker No show because the story isn’t stright that is going to be presented to the American people under oath? Trey Gowdy Gets Pissed and Agrees to SUBPOENA Assistant Attorney General! Chairman of the House Oversight Committee, Congressman Trey Gowdy cannot believe the acting Assistant Attorney General has not shown up for the Congressional … Read more

Several Feet of Snow in Europe, Late May

From spring to winter again across the peaks and valleys of France, Italy, Switzerland, Austria. Snow depths are measuring in at 2 feet with seven day snow totals at 3.5 feet. It seems late spring snows are becoming a thing of now and the future now. I thought our children would never know what snow … Read more

Proof of John McCain’s Deep Ties to George Soros and Russian Oligarchs

Jake of Blackstone Intelligence reveals the truth about John McCain and Paul Manafort. The true evil behind the madness is exposed forever. https://www.youtube.com/watch?time_continue=709&v=44s5t5c8qtw Paul Manafort has extensive connections to Russian oligarchs. Manafort’s partner in crime was Rick Davis. Together they lobbied US politicians on behalf of Russian and Ukrainian billionaires. It’s no coincidence that Manafort … Read more

US Consumer Debt Levels Downplay Monthly Burdens on Consumers – Here is Why

by cbus20122 So a little while back, I created a post discussing aggregate consumer debt, and how it might be something we should be worried about. There were some good discussions and good points brought up. The discussion was largely predicated on this graph seen here, which aggregates total consumer debt – https://www.newyorkfed.org/microeconomics/hhdc.html The Basic Issue With … Read more

“Convince The People Watching That Trump Will Make It Better” Trey Gowdy GRILLS OMB Director

https://www.youtube.com/watch?v=pHz8C0YKUII “Convince The People Watching That Trump Will Make It Better” Trey Gowdy GRILLS OMB Director Trey Gowdy New Video Today (5/16/2018) He is Talking To The Deputy Director at the Office of Management and Budget(OMB) this is new trey gowdy and trey gowdy new video this is news today from congress respectfully of government … Read more

Protesters interrupt Chicago Commission vote on Obama center… Library off to rocky start

Obama Presidential Center vote expected Thursday CHICAGO — The Chicago Plan Commission is expected to vote Thursday on whether to approve the $500 million Obama Presidential Center. Former President Barack Obama hopes to build the center on the South Side, but some in the community are demanding guaranteed benefits before he can do so. Moments after the … Read more

Childbirth rates drop to 30-year low

via livescience: The number of babies being born in the United States continues to fall, with the birth rate reaching a new record low in 2017, according to a new report from the Centers for Disease Control and Prevention. Last year, about 3.8 million babies were born in the U.S., which is 2 percent lower than … Read more

Big Rates Shock Looks Imminent…

https://twitter.com/clivemaund/status/996904044307329025?s=11 This chart, which is of a long T-bond proxy. It looks like it is on the point of breaking down from a giant head-&-shoulders top. If it does interest rates will soar…. Too many canaries to ignoreh/t @Nordea pic.twitter.com/4OD1RRPgxW — Alastair (@StockBoardAsset) May 17, 2018 If > R2 3.101 UST10Y, then R3 3.224 is … Read more

Fed Tightening Cycles Coincide With Or Lead To Bursting Of Global Asset Bubbles.

Fed Tightening Cycles Coincide With Or Lead To Bursting Of Global Asset Bubbles. Is President Trump The Next Hoover? pic.twitter.com/7PyInwq6xY — Alastair (@StockBoardAsset) May 16, 2018 Short-term Treasury yields close at highest levels since '08… 3-mo: 1.92% 6-mo: 2.09% 1-yr: 2.32% 2-yr: 2.58% 3-yr: 2.76% pic.twitter.com/zVCfMCDOOG — Charlie Bilello (@charliebilello) May 16, 2018 maybe you … Read more