Junk Bond Market Still in Total Denial, Fighting the Fed – Happily Dreaming In La-la-land Till The Rude Awakening.

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The Fed’s efforts to raise interest rates across the spectrum have borne fruit only in limited fashion. In the Treasury market, yields of longer-dated securities have not risen as sharply (prices fall when yields rise) as they have with Treasuries of shorter maturities. The two-year yield has surged to 2.41% on … Read more

Late-Cycle Commodity Surge Under Way, Says Frank Barbera

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by FS According to the Game Plan for Late-Cycle Investing, as the economy moves towards its latter stages, commodities tend to outperform equities and other asset classes. Frank Barbera—market technician, portfolio manager, and editor of the Gold Stock Technician newsletter—believes we’re likely in that process right now and recently discussed his outlook on the stock market, … Read more

BREAKING: Mexico Agrees To Pay for Wall – Offering Emergency Deal To Close NAFTA Tariff Loophole…

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by sundance Allow me to introduce:”SUPER-MAGA-NAFTA-WINNING“ This Reuters article is framed around Mexico making a surprise announcement they will support the U.S. steel tariff against China by shutting down the NAFTA back door on that specific trade segment….  However, the bigger story is Mexico’s admission/concession to the U.S. trade position that Canada and Mexico structure access to the U.S. market … Read more

Dick’s Sporting Goods to destroy all firearms pulled from shelves

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by DCG Whatever makes them feeeeeeel good. Hope their stockholders are happy because this just means more business for Cabela’s. From Fox News: Dick’s Sporting Goods announced on Monday it will destroy all of the unsold firearms it pulled off store shelves in February after the deadly Parkland school shooting. The sports retailer decided to destroy the assault-style rifles instead of … Read more

Shortly After Publishing Soros Story, The Gateway Pundit Under Fire By Massive DDoS Attacks Originating In California

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The Gateway Pundit has been under constant DDoS attack for the past two days from an unknown source originating in California, DC, and Seattle. A DDoS (short for distributed denial of service) attack is a cyber attack that floods a website with so much fake traffic that the server that the infrastructure that hosts the … Read more

640 pounds of explosives stolen… Something big coming?

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http://www.wgal.com/article/640-pounds-of-major-explosives-stolen-in-lancaster-county-officials-say/19844456 The Bureau of Alcohol, Tobacco, Firearms and Explosives said Gregory General Contracting Company reported that approximately 640 pounds of dynamite and 400 blasting caps were taken. The explosives were stored in a locked truck trailer left at the site on River Road in Marietta on Friday, according to the ATF. The work site security … Read more

Trump looking to fund ‘Arab army’ in Syria – report

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Just days after the Trump administration launched a missile attack against the Syrian government, reports have emerged saying the president is now exploring creative options for maintaining a US-aligned Arab army in Syria. Trump seeking Arab army to replace US troops in Syria Saudi Arabia’s Foreign Minister repeats the kingdom’s willingness to deploy troops to … Read more

If you think Hannity has a conflict of interest because he has the same lawyer as Trump, but never complained about THIS, you might be a liberal.

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And this is just the Obama administration, not all the former Clinton staffers. You know, like the guy who just interviewed Comey a few days ago. Yeah, Stephanopolous? He’s Clinton’s former communications director. I’m sure he gave a big warning to viewers before the interview though. Rush Limbaugh: Sean Hannity is ‘three times as honest’ … Read more

President Trump: There is a Revolution going on in California. Soooo many Sanctuary areas want OUT of this ridiculous, crime infested & breeding concept…

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There is a Revolution going on in California. Soooo many Sanctuary areas want OUT of this ridiculous, crime infested & breeding concept. Jerry Brown is trying to back out of the National Guard at the Border, but the people of the State are not happy. Want Security & Safety NOW! — Donald J. Trump (@realDonaldTrump) … Read more

Promise KEPT! Trump Just Gave His Entire 4th Quarter Presidential Paycheck To Help Rebuild America!

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https://www.youtube.com/watch?v=58LfruxHTiM Johnny Smith for the Daily Vine reports, And once again President Trump is doing exactly what he said he would do during the 2016 campaign. The very next day after rolling out a major infrastructure plan the White House promptly announced that the President’s fourth-quarter earnings salary of $100k will be going to rebuilding … Read more

Nearly half of Americans are at risk of retiring broke… states and cities are going broke too

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42% of Americans are at risk of retiring broke Nearly half of Americans have less than $10,000 stashed away for retirement, according to a report by GoBankingRates. For them, a serious lack of planning coupled with a longer life expectancy has destroyed any retirement dreams. At this rate, retirement is more of a fantasy than a reality … Read more

Illegal alien bus driver in Louisiana crash that killed three sentenced to 15 years in prison

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by DCG Not nearly enough time for his crime. From WDSU.com:  (EDGAR, La) — Denis Amaya-Rodriguez was sentenced Monday (April 9) to 15 years in prison for killing three people. Rodriguez was driving a bus that crashed into a group of firefighters and multiple vehicles on the Interstate 10 bridge in LaPlace on Aug. 28, 2016. St. John District Fire Chief … Read more