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Bonds, Stocks, Gold Drop After Wages Pop, Dollar Jumps The dollar is spiking, along with Treasury yields as stocks and gold are slammed following the hotter-than-expected wage growth data from BLS… Gold is suffering the most for now… BofA: “Our Sell Signal Was Triggered On Jan 30, S&P 2686 Is Next” Last Friday, when the … Read more
Watch the latest video at foxnews.com Less than a month after federal immigration officials raided nearly 100 7-Eleven stores nationwide, U.S. Immigration and Customs Enforcement (ICE) agents conducted another sweep this week in Northern California, officials said Thursday. This time, ICE agents searched 77 businesses in the San Francisco and Sacramento areas in what was … Read more
In this special episode, China Watch tells the story that Errol Morris missed in his acclaimed documentary Wormwood. The film has focused attention on the mysteries surrounding the death of government scientist Frank Olson. Olson fell 13 stories to his death from a New York hotel window in 1953. He died after—but possibly not because—he … Read more
Democrats VOW to REPEAL the Tax Cuts http://thehill.com/policy/finance/371736-dems-vow-to-repeal-parts-of-gop-tax-law “I would welcome Democrats running for election based on, ‘Let us slow down the American economy, raise taxes and make sure people’s paychecks are stagnant for another decade,’ ” House Ways and Means Committee Chairman Kevin Brady (R-Texas) told reporters earlier this week. “That would be a … Read more
Looking for the best look for your home? Then there is a way to make it more effective. Just make sure you know all the measurements of your rooms. The measurement is very important factor of your room where you can place different size of double bed, one is king size and another is queen … Read more
New round of Hillary Clinton emails were just released and tweeted by WikiLeaks. It will be interesting to see what’s in them. From the display it looks like 194,037 emails were released. New Hillary Clinton emails released this morning https://t.co/tUcHGqTl3x — WikiLeaks (@wikileaks) February 2, 2018 “You had Hillary Clinton and the Democratic Party try … Read more
h/t @StockBoardAsset Market momentum has never been higher but the risk of a crash is high I wouldn’t want to scare you but have you seen a chart of the Dow Jones or the S&P 500 index recently? The RSI or Relative Strength Index, a technical indicator used by chartists to measure the speed and change … Read more
by Chris Your ever faithful “bottom nailer” is back here with an update. That is some really serious damage, again, especially for the late entrants to the game. I imagine there are a lot of seriously unhappy speculators out there right now sitting on very large losses and wondering what to do. Sure you can … Read more
by Mark Angelides The Congressional Black Caucus (a group of 48) has become the front running group in calls for impeaching President Trump. With media reporting near constantly that the president is a racist, it is to be expected that a few folk fall for it, but for elected politicians to bury into this seems a … Read more
by Ruby Henley Special Counsel Mueller is feeling the heat right now, as he just postponed the sentencing of Michael Flynn. He has come so far only to be faced with the truth, which may be revealed possibly tomorrow with the release of the FISA MEMO. The truth is the FISA WARRANT was obtained illegally, … Read more
by Trivirus A few days ago I incinerated one of Wall Street’s favorite myths: “buy and hold.” The reasons are obvious: stock market crashes can be severe and the recovery time-consuming (Dow took 25 years to recover its former peak value from 1929), and if it’s so great, why aren’t Wall Street managers doing it themselves? … Read more
by Anthony B Sanders The Atlanta Fed’s GDP forecast model for Q1 was just increased to 5.4%. This was the highest reading since December 2011. This looks like Q1 Real GDP should be pretty darn good! One reason? US Manufacturing payrolls near 8 year high after best six months since 2014. It’s Willer Time!!!
BY SRSROCCO The U.S. Government is in serious trouble when interest rates rise. As interest rates rise, so will the amount of money the U.S. Government will have to pay out to service its rapidly rising debt. Unfortunately, interest rates don’t have to increase all that much for the government’s interest expense to double. According to … Read more
From Reason: Yesterday, I reported that the oft-cited, debate-driving statistic that Americans use 500 million plastic straws a day was the product of a 9-year-old’s guesstimations. Despite those shaky factual foundations, the 500 million figure has quickly spread, virus-like, across the media landscape and even into our shops and schools. Visitors to the D.C. tea house Teaism — … Read more
Stocks close lower in choppy session as higher rates snuff out rally The S&P 500 declined 0.1 percent to close at 2,821.98 after rising as much as 0.4 percent. The benchmark 10-year yield rose to trade at 2.784 percent, while the 30-year bond yield topped 3 percent for the first time since May. “Today we’re … Read more
By David Stockman Yesterday afternoon brought three salient statements from Washington financial authorities that boil down to a simple admonition. To wit, if you are still in the Wall Street casino, run don’t walk toward the nearest emergency exit. We are referring first to the CBO’s warning that Uncle Sam will run out of cash by early March … Read more
by Ruby Henley Dr. Jerome Corsi asks, “with all roads closed for security reasons, how did DUMP TRUCK get there? QAnon had said “warning False Flag MONDAY.” If you read the following document from Dr. Corsi, you will understand what QAnon said. https://www.scribd.com/document/370425505/Qanon-Decode-Multiple-Posts-Mon-Tues-Jan-29-30-Vers-15-0-Narrative-Shifts-completed-Jan-31-2018-JEROME-CORSI I have told you I am not one who goes and reads … Read more
by Anthony B Sanders Deutsche Bank AG strategist Binky Chadha (a disturbing name since my Basset Hound’s name was Binky) thinks that Contagion Risk (correlation among asset classes) is bad news. (Bloomberg) The concerted selloff that landed on stocks and bonds this week may be a taste of what’s to come for financial markets. That’s … Read more
https://www.youtube.com/watch?v=zPWyEIkadT8 “Nancy Pelosi Called Your Extra Tax Money Crumbs” Trump Laughs At How Stupid She Sounds President Donald Trump Rips Nancy Pelosi For Calling Extra Money From Tax Credits Crumbs Laughs At Compares Her To Using Deplorables this is breaking news today and today news in latest news today and trump news and political and … Read more
by Kimble Charting FAANG stocks (Facebook, Amazon, Apple, Netflix & Google) have done extremely well over the past couple of years and the trend all five remains higher. Below looks at each of these 5 stocks as well as the S&P 500 and the patterns they have created- CLICK ON CHART TO ENLARGE As mentioned above … Read more