THE SHOWDOWN Attorney General Jeff Sessions finally woke up. He intends to stop California’s open border policy. Not only is Governor “Moonbeam” Jerry Brown not enforcing our immigration laws, he and other lefty loons have actively been trying to suppress enforcement. This was apparently enough to snap Sessions out of his slumber. What will happen … Read more
by David Haggith Bloomberg this week ran a story telling us how the smart money gets out of the stock market when it hits its all-time peak and how the dumb money helps the smart money out. Only they didn’t know that was what they were writing. It typically happens this way: At the end of a … Read more
“The American electorate isn’t moving to the left- it’s shrinking. Democrats figured out they’d never win with Americans, so they implemented an evil, genius plan to change this country by restocking it with voters more favorably disposed to left-wing policies that Americans would ever be…. No minds have been changed. Democrats just brought in a … Read more
He spoke for 2 minutes about Whacko NK. In a 1999 interview on Meet the Press, Donald Trump described how he would handle North Korea if he was elected president. h/t technicalrogue
I was in Rome this week reporting on the Italian elections. While I was there I saw a video of a journalist being attacked by North African migrants live on air. I was shocked to see how blatantly these migrants would attack a mainstream media crew right outside Rome’s major train station – so I … Read more
by sundance Leo Gerard, the President of the United Steelworkers Union, talks to a very frustrated Chuck Todd about the effect of President Trump’s new tariffs and his appreciation therein. Chuck Todd has all his Media Matters talking points prepared to outline his narrative; however, unfortunately for the toad, he came up against a very knowledgeable … Read more
https://www.youtube.com/watch?v=iaWakFKHenk Amanda Shea for the Daily Vine reports, Major retailers around the nation have become battlegrounds for political correctness, using their businesses as soapboxes to make social statements. Read More/Source/Credit/FairUse: https://daily-vine.com/home-depot-fou…
by jessefelder While most investors and pundits are currently focused on optimistic analyst earnings estimates for the coming year there’s another far more important phenomenon underway that deserves more attention. Three years ago Stan Druckenmiller gave a very important speech to a very exclusive group of listeners in which he disclosed the single greatest source of his … Read more
via Macro Voices Erik Townsend welcomes Jim Grant to MacroVoices. Erik and Jim discuss new Fed governor Powell, treasury yields and how far the FED go before something breaks. They discuss his outlook on inflation, gold, junk bonds, China and the drivers of long term debt cycles. They reflect on History and what happened when the … Read more
by Dylan Scott, NEE Trump Asks China To Reduce Their Trade Deficit And Stop Intellectual Property Theft This week, the President slapped tariffs on steel and aluminum imports to enhance domestic steel production, to the dismay of liberal economists and journalists who don’t understand history and common sense. Here at this editorial we are unabashedly pro-tariff, not … Read more
by Dana Lyons After setting its all-time high during the dotcom bubble, 18 years later — to the day — the PHLX Semiconductor Index is finally scoring a decisive new all-time high. One factor in convincing us that the correction of the past 6 weeks was not yet the beginning of a serious, longer-term market swoon … Read more
by Geoffrey Grider AT LEAST 21,000 NEEDY PEOPLE HAVE DIED WHILE WAITING FOR MEDICAID COVERAGE, WHILE 13 MILLION ABLE-BODIED ADULTS RECEIVED COVERAGE FROM MEDICAID IN THE STATES THAT EXPANDED MEDICAID UNDER THE AFFORDABLE CARE ACT, ALSO KNOWN AS OBAMACARE, AN EXPLOSIVE NEW STUDY REVEALED TUESDAY. EDITOR’S NOTE: Barack Obama promised that the health care bill that bears … Read more
Drivers licensing is not about qualifying to operate a motor vehicle, it has become a database and tracking program for the federal government. The requirements for the states to issue drivers licences are being dictated by the Department of Homeland Security (which didn’t even exist 20 years ago). Will Your Driver’s License Soon Become Invalid … Read more
via bloomberg Our prediction last year of a global growth downturn was based on our 20-Country Long Leading Index, which, in 2016, foresaw the synchronized global growth upturn that the consensus only started to recognize around the spring of 2017. With the synchronized global growth upturn in the rearview mirror, the downturn is no longer a forecast, … Read more
by stockboardasset From Maryland to Maine, millions of American’s strapped on their rubber boots and grabbed a rusty snow shovel to end the week, after a fierce nor’easter dumped several feet of snow across the Northeast. This, of course, was backbreaking work for the nation’s oldest population, which by the way, is centered in the Northeast, according to Census data. … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “The very slow pace may still be contributing to a buildup of various financial imbalances.” So we have the first Fed Governor and member of the policy-setting FOMC who came out and said that the QE Unwind that began last October with baby steps isn’t fast enough. And because it’s so … Read more
The Chinese government has taken over its management, and its CEO is under investigation. By Tsvetana Paraskova, Oilprice.com: When a little-known private Chinese company said in September 2017 that it would be buying 14 percent in Rosneft, many analysts were wondering how an obscure fuel trading company rose to such prominence as to become a major global … Read more
It is generally believed that being stylish stands for having to spend a lot of money on one’s looks. However, money is not as important as creativity, one should always remember that. You must have seen some people, who buy expensive clothes, but look tasteless if not ugly in them. What matters is to feel … Read more
Authored by Charles Hugh Smith via OfTwoMinds blog, In a world dominated by mobile capital, mobile capital is the comparative advantage. Defenders and critics of “free trade” and globalization tend to present the issue as either/or: it’s inherently good or bad. In the real world, it’s not that simple. The confusion starts with defining free trade … Read more