via Mish A Fed study of consumer expectations projects a rise in spending but no overall economic improvement a year from now. I produced the headline chart in Excel from a data download of the Fed’s monthly Survey of Consumer Expectations. Spending Projections 75% Percentile: 8.13% Median: 3.08% 25% Percentile: 0.79% The bottom wage earners barely expect … Read more
by Martin Armstrong China is on its way to reaching the title of the Financial Capital of the World post-2032. However, that is also NOT going to be accomplished all on its own. In part, this is the moving trend and the shift our computer has been forecasting also because the West is in a Sovereign … Read more
by Dr. Eowyn Our DCG often says “The UK is toast”. Here are two more signs that the UK indeed is toast. (1) THE UK RANKS POORLY IN FREEDOM OF THE PRESS EuroNews reports, April 25, 2018, that according to the NGO Reporters Without Borders, the UK ranks 40th out of 180 countries for press freedom, placing it … Read more
by Geoffrey Grider A $400 3D PRINTER PUTS ELECTRONICS DIRECTLY ONTO PEOPLE’S SKIN TURNING THEM INTO ‘SEMI-CYBORGS’. THE 3D-PRINTED SENSOR COULD BE PUT ONTO THE BODIES OF SOLDIERS ON THE BATTLEFIELD AND USED TO DETECT CHEMICAL OR BIOLOGICAL WEAPONS. “And he causeth all, both small and great, rich and poor, free and bond, to receive a … Read more
https://www.youtube.com/watch?v=CKDPl4ccWAQ Cristina Laila for the Gateway Pundit reports, Fired FBI Director James Comey went on with Bret Baier on Special Report on Thursday to discuss his new book. Read More/Source/Credit/FairUse: http://www.thegatewaypundit.com/2018/…
by midnitewarrior The people who set those traps are counting on you falling into them, as many before you have. What are the traps? Mostly short term reward for long term pain. When I was in college, there were people on campus who got paid $10-15 per credit card application they could get students to … Read more
by mapadebe Amazon Prime membership costs are going up to $120 a year (from $100). Personally, I don’t use anything other than 2-day shipping, and I order maybe 20 times a year so I don’t think renewing my subscription is a worthwhile investment for me. NOTE: The student price remained unchanged at $60 a year. … Read more
by SpontaneousDisorder Changes in social mood cause changes in peoples behavior. So when positive social mood reaches a peak you have high stock prices and peace amongst other thing. These sorts of agreements tend to occur at tops and the Korean summits happen to make a nice chart along with the stock market. The timing … Read more
by goldsilver Fast and easy. This is how debt flows at the top of a cycle, at peak bubble inflation. Cov-lite loans are an excellent example of cheap, uncollateralized, highly risky debt. And their issuance, as an overall percentage of US leveraged loans, is at all-time highs. According to a report last week from the … Read more
By Barry Donegan After Massachusetts State Police officers were found misappropriating exorbitant six-figure sums of overtime, Gov. Charlie Baker’s administration announced new policies to keep officers accountable including body cams, staffing and overtime audits, and GPS monitoring of vehicles. Republican Massachusetts Governor Charlie Baker announced reforms to the state’s scandal-plagued state police earlier this month … Read more
From Birch Gold Group Hurricane Harvey isn’t done yet. First it hit the Gulf Coast, then it hit Hollywood (Harvey Weinstein)… And now it’s hitting Harvey, Illinois, a town of 25,000, in the form of a major pension crisis that includes laying off 40% of its firefighters. That is just the tip of the iceberg, because … Read more
Newsbud’s founder and editor Sibel Edmonds and Spiro discuss the closed-door Pentagon budget deal. They also cover interventionism, foreign aid and the sellouts on Capitol Hill who claim they represent the public.
https://www.youtube.com/watch?v=kgoGhFXu4SY Both of you were great in front of congress. AC
Josh Sigurdson reports on a couple who’ve been growing their own food (half of their supply of food each year) on their front lawn for 17 years. Hermine Ricketts and her husband, Tom Carroll were handed a notice by their local government in Miami that they must dig up their garden. According to the code … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Slightly good news for workers, bad news for employer profits, and combustible fuel for the Fed’s monetary-policy tightening machine. Total compensation costs for civilian workers — which include wages, salaries, and benefits of workers in the private sector and in state and local governments — increased 2.7% seasonally adjusted, over the … Read more
by Simon Black Is it Friday again? Must be time for another banking scandal! Seriously– these banking scandals are happening with such regularity and predictability it would be almost comical. . . were it not for the millions of people who have had their lives turned upside down. The latest transgression involves, once again, our old … Read more
by Lance Roberts Just recently, I was accused of “quietly abandoning” my belief that rates are ultimately headed toward zero. Nothing could be further from the case particularly as the recent rise in rates is accelerating my base case. The chart below, which tracks rates back to the late-1800’s shows, that rates can, and do, remain low … Read more
Join Dr. Ron Paul and Chris Rossini as they discuss that the U.S. government is in debt $21 Trillion, an amount that can never be paid and more. Yet Moody’s and Fitch reaffirmed their top AAA rating on U.S. debt. Why do they do this? Do they have to? Why can’t politicians, the media, CEO’s, … Read more
by AlexPitti The US Is In Secular Economic Decline One major issue preventing dynamism is the cost of education. College costs have increased significantly as a function of government backed student loans despite the fact that information is cheaper and more ubiquitous than ever. High college costs mean 20 year olds don’t have the freedom to work … Read more
