“Financial Stress” in the Credit Markets v. the 2-Year Yield

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The two-year yield, now surging, is a leading indicator. The Financial Stress Index, released weekly by the St. Louis Fed, is designed to track financial conditions that companies face in the markets. It reached record lows in November – meaning that there was extraordinarily little “financial stress” in the markets after … Read more

Sen. Cruz’s Inflation Tax Bill Exposes Government’s Perverse Incentives

Interview with: Jim Rickards Jim Rickards Forecasts New Financial Crisis & Makes Prediction about Gold https://s3.amazonaws.com/ILB_MS_BUCKET/ILB-180420-WeeklyMarketWrap.mp3 Don’t want to listen? Read the podcast below! Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear from Jim Rickards – monetary insider, economist and best-selling author. Jim examines what the next financial crisis will … Read more

3 Months Into Tax Relief, How It Is Going

by Tom McClellan There is a very strong seasonal pattern in the way that tax receipts come into the federal government.  The nice thing about that regularity is that it allows us to easily compare how the current year is doing versus past years. In this week’s chart, the black line represents the calendar year 2018 … Read more

Warning: Semiconductors Teetering After Major Reversal Pattern

via Chris Kimble  Earlier today, we shared a few concerns for tech investors, focusing on the Nasdaq Composite chart. Well, there’s another concern within Tech-land: Potential weakness in the bull market leading Semiconductors. In the chart below, you can see how strong the Semiconductors ETF(SMH) has been since the 2009 lows. For the better part of 9 … Read more

Deranged CA Governor BLINDSIDED As MAJOR City STABS Him In The BACK and Sides With Trump

https://www.youtube.com/watch?v=jrRpbxb1W6M Rebekah Baker for the Western Journal reports, Another California city is fighting back against the state’s sanctuary state law. On Tuesday, San Diego County’s Board of Supervisors voted to file a court briefing siding with the Trump administration’s lawsuit against California’s sanctuary state status, KSWB reported. Read More/Source/Credit/FairUse: https://www.westernjournal.com/san-di…

U.N. Ambassador Nikki Haley ERUPTS Over White House Disagreement

https://www.youtube.com/watch?v=Ij8GIZe37kU Emily Zanotti for the Daily Wire reports, United Nations ambassador Nikki Haley took her take-no-prisoners attitude to the White House late Tuesday, firing back after Trump Administration officials accused her of being “confused” about new sanctions against Russia. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/29592/…

German Parliament Lawyers Brand US-Led Airstrike on Syria Illegal

According to lawyers of the Bundestag, the missile attack by the US-UK-France coalition, supported by the German Government, violates international law. The grounds that the strike was a retaliatory measure following an alleged chemical attack were dismissed as “not convincing.” The law experts of the German Parliament denounced the legal grounds for the US-led missile … Read more

Do or Die for Tech

by northmantrader In early March I mused about a market paradox, one where tech would make new highs on a negative divergence while the $DJIA would not make a new high. This event did indeed transpire and it still may have significant implications as it is so very reminiscent of the action we saw in the year 2000. … Read more

James Comey’s Memo Arrives Then Bang! Julian Assange and the Democrats Make Their Move…

For More Information See: https://www.washingtonpost.com/politics/democratic-party-files-lawsuit-alleging-russia-the-trump-campaign-and-wikileaks-conspired-to-disrupt-the-2016-campaign/2018/04/20/befe8364-4418-11e8-8569-26fda6b404c7_story.html?noredirect=on&utm_term=.6c89a0961666 https://www.documentcloud.org/documen… https://www.infowars.com/assange-has-…

Why on earth are you still letting big banks screw you?

by Simon Black http://traffic.libsyn.com/sovman/092__Why_on_earth_are_you_still_letting_big_banks_screw_you_.mp3 Wells Fargo stole the headlines yet again today for defrauding its clients. The bank was fined $1 billion today for selling over 500,000 clients auto insurance they didn’t need (which in some cases caused the owners to default on their car loans and get their cars repossessed) and for charging erroneous fees … Read more

Crisis: For The First Time Ever, Millennials With Student Debt Have Negative Net Wealth

by stockboardasset On Thursday, Young Invincibles released a troubling update to their report, “The Financial Health of Young America: Measuring Generational Declines Between Baby Boomers & Millennials.” This report includes a cross-generational study of the financial well-being of Millennials today versus Baby Boomers when they were in their adolescence. The update covers the economic challenges facing millennials age 25 to 34 … Read more

DHS reveals number of MS-13 and other gang members released by democrat sanctuary policies

by DCG From Daily Mail: The Department of Homeland Security says that so-called sanctuary states shielded dozens of alleged MS-13 gang members from deportation during an eight-month period between 2016 and 2017. The findings were provided to the Senate Judiciary Committee by Immigration and Customs Enforcement (ICE) – the federal agency responsible for deporting undocumented migrants illegal aliens. According … Read more