Stockman: Kudlow ‘Spent 30 Years on Wall St. and Got Totally Confused’

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David Stockman, Released on 3/15/18 David Stockman on “After the Bell” (Fox Business Network, March 15, 2018) David Stockman is a former Republican congressman from Michigan and was President Reagan’s budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity … Read more

BIGGEST BREAKTHROUGH IN ENERGY: Investor Warning

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BY SRSROCCO As the U.S. and global oil industry continue to cannibalize itself just to stay alive, the market is totally clueless because investors are being misled by the fallacy that technology will solve our peak oil crisis.  While technology has allowed more oil to make it to the market, it has done so at a … Read more

This Indicator is Flashing Red. Pay Attention!

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By Rodney Johnson Millennials get a bad rap. Sure, they’re the generation that grew up with participation trophies, winning prizes for completing the arduous task of showing up. And with help from their Boomer professors, they have successfully shamed institutions of higher learning, where for centuries debate was considered a search for the truth, into … Read more

Move along; nothing to see here. Retail sales have been flatter than a pancake the last three months. And this is in a STRONG jobs market?

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https://twitter.com/Tony_Sagami/status/974146513134796801 https://twitter.com/OccupyWisdom/status/974409977040396288 https://twitter.com/OccupyWisdom/status/974443345295659009 The US Dollar continues to struggle for a footing as it can’t even reach previous trend lines anymore. The Atlanta FED shifts their call from 5.4 percent GDP to just 1.9 percent as the economic outlook weakens. JP Morgan and Goldman Sachs now see growth cooling. Disappointing retail sales numbers have also … Read more

Check Out How The Head of Dubai Treats His Own Daughters…Prision, Torture & Murder for Having Dreams

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Dubai Princess VANISHES After Posting Final Video! Dubai “princess” Sheikah Latifa Mohammed Al Maktoum has reportedly gone missing off the coast of Goa, India, after posting a chilling YouTube video in which she says that “this could be my last.” Latifa, 33, who is said to have vanished alongside American Herve Jaubert, instructed her US-based … Read more

Americans Are Broke

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Via Schiff Gold Retail sales unexpectedly fell again in February. It was the third straight monthly drop and the first time the US economy has seen three straight months of declining retail sales since 2012. Sales fell 0.1% in February. Analysts had expected an uptick of 0.3%. According to CNBC, households cut back on purchases of motor vehicles and other … Read more

300 years of guaranteed free speech at Speakers Corner London ended when Tommy Robinson is removed and banned from speaking.

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They even let Karl Marx and Lennon speak there in the past. A Speakers’ Corner is an area where open-air public speaking, debate, and discussion are allowed. The original and most noted is in the northeast corner of Hyde Park in London, UK. Speakers here may talk on any subject, as long as the police … Read more

Why It’s Right To Warn About A Bubble For 10 Years

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by Jesse Colombo As a long-time anti-economic bubble activist (both in the mid-2000s bubble cycle and the post-2009 cycle), a very common charge that’s leveled against me is “you’ve been warning about bubbles for years, but the market keeps going up, up, and away!”, “you’re a permabear!,” and “you’ve been missing out on tons of profits!” … Read more

A gentle reminder that LIBOR, the benchmark upon which some $800 Trillion of financial instruments are priced, was completely rigged.

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Libor Scandal Gets Older and Uglier for Banks Societe Generale SA’s deputy CEO has abruptly left the French bank. The cause appears to be the decade-old Libor scandal. With much still unclear, the takeaway for investors is troubling. Didier Valet has left without severance pay after a “divergence of approaches” at the bank on how to settle the … Read more

Visualizing China’s Most Ambitious Megaproject

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by visualcapitalist View a high resolution version of this graphic View the high resolution version of today’s graphic by clicking here. Costing between $4-8 trillion and affecting 65 countries, China’s ambitious One Belt, One Road (OBOR) initiative is the granddaddy of all megaprojects. By the time of it’s estimated completion in 2049, OBOR will stretch from the edge of … Read more

Despite Years of ECB’s QE (Ending Soon), Italy’s “Doom Loop” Still Threatens Eurozone Financial System

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Even banks outside Italy have an absurdly out-sized exposure to Italian sovereign debt. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The dreaded “Doom Loop” — when shaky banks hold too much shaky government debt, raising the fear of contagion across the financial system if one of them stumbles — is still very much … Read more

US housing market set to crash!

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$150k for dream home. https://www.zillow.com/homedetails/470-Valley-View-E-Dr-470-Indianola-UT-84629/2090669859_zpid/ For a US economy that has a razor-thin cushion of saving, dependence on rising asset prices has never been more obvious Household Debt Sees Quiet Boom Across the Globe   AC