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
https://twitter.com/OccupyWisdom/status/989903501860982785 https://twitter.com/OccupyWisdom/status/989903791846805504 https://twitter.com/OccupyWisdom/status/989903205827076097 Compression in $SPX (daily) continues — indicating that a major imbalance is nearing… pic.twitter.com/F5pW3BALwx — Alastair (@StockBoardAsset) April 27, 2018 ‘We are headed for a massive financial crisis’ & Fed has ‘no idea what’s going on’ – Peter Schiff After a stern warning about a calm before an economic storm, investor Peter … Read more
IR-2018-107, April 26, 2018 WASHIGTON – The Internal Revenue Service today announced relief for taxpayers with family coverage under a High Deductible Health Plan (HDHP) who contribute to a Health Savings Account (HSA). For 2018, taxpayers with family coverage under an HDHP may treat $6,900 as the maximum deductible HSA contribution. A change in the … Read more
The S&P/TSX Composite index, the main index for Canadian stocks, traded 0.2 percent higher at 15,668.93 as of 1:39 p.m. ET, which was the last update for the benchmark. More than 177 million shares were traded on the Toronto Stock Exchange before trading was shut down, according to FactSet. TMX Group, which operates the Toronto … Read more
by Chris Well, this is an interesting development. Lawyers working for 9/11 families have filed a petition to open a Grand Jury inquiry into 9/11. The summary and supporting evidence are really quite strong, at least arguing very successfully that an inquiry is at least justified: https://lawyerscommitteefor9-11inquiry.org/lc-doj-grand-jury-petition/ Here’s how this was written up in Activistpost: The … Read more
https://www.mrctv.org/blog/world-care… Remember Cecil the lion? Of course you do. But do you know the name Alfie Evans?
by Lynette Zang of ITM Trading (THE WICK) PATTERN SHIFT ALERT – 10 Year Treasury Yield Hit’s 3% Since mid-2016 interest rates have more than doubled, from a low about 1.37% to (at this writing) 3.03%. We must go back to 2014 to see that level. If this is indeed a breakout, the next most likely level would … Read more
This is a forecast based on repeated Y-O-Y losses, and persistent below normal temperatures in the same crop zones. The map series is for 2018-2019 and covers Australia, China, South Africa, USA / Canada. Ive included some commodity prices as well so you get an indication of where food prices are headed.
