Canada's acceptance rate of asylum seekers is the highest in 27 years — here's why

Canada is accepting a higher proportion of asylum seekers than it has at any time in nearly three decades, a CBC News investigation has found. CBC obtained almost 90,000 asylum claim decisions made by the Immigration and Refugee Board of Canada between January 2013 and September 2017. The decisions indicate where each asylum seeker comes from, why they … Read more

Tom Fitton UNLEASHES on Obama Amid FBI Text Message Firestorm “FISA Wasn’t the Only Way Obama Gang Spied on Trump”

by TFittonJW the latest FBI texts: Obama wanted to "know everything" about Clinton email investigation from his appointee Comey. And no doubt we will find Obama wanted to "know everything" about his Clinton/DNC dossier/FBI spying on @RealDonaldTrump team. Will Obama be questioned? https://t.co/rXioZtoryV @FoxNews — Tom Fitton (@TomFitton) February 7, 2018 If there ever is … Read more

The Shale Boom Might Not Last Long

By Nick Cunningham U.S. shale is growing at a scorching rate, but will the shale industry be around for the long haul? A new study calls into question the heady projections for shale oil and gas, arguing that expectations of huge levels of production for decades to come are based on shaky assumptions. The Post Carbon … Read more

Biggest Bubble Ever Meets Biggest Pin

by BILL BONNER PARIS – It snowed all day yesterday. It is still snowing this morning. Paris is at its best in the snow. It is hushed and enchanting… like a beautiful woman who is about to tell a secret. 16 Million Dead Last Sunday, we went to mass in a little church in a small … Read more

Obama Directly Involved Now!

The puzzle’s coming together now. I think this may be the first direct proof of tampering that the Dems can’t really talk out of. For instance they could BS and say “oh Obama wanted to know what we were doing because… Uhh… He cared about us?” (In reference to the other texts that came out … Read more

American Workers: Long Work Hours, Little Vacation And Not Much To Show For It…More Than A Third Don’t Get Sick Leave… Being Poor Can Cost A Fortune

Overworked Americans are stuck in a financial groundhog day The U.S. had the fastest wage growth since 2009 in January. But in many other ways, American workers feel like they are working harder to achieve the same result. Does today feel a bit like yesterday, and the day before that? Feb. 2 is Groundhog Day. In the … Read more

Who Was Selling Stocks Last Week Before the Monday Rout?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter And who was buying? Answers emerge. The S&P 500 index hit an all-time high on January 26, which was a Friday. The following week, it started to fall, including a messy 2.1% selloff on Friday that brought the weekly loss to 3.8%, the worst such decline since the selloff that ended … Read more

Alan Greenspan’s Critical Warning For the Economy

inShare From Birch Gold Group On January 31, two full days before the stock market’s recent sell off, former Fed Chairman Alan Greenspan issued a warning. Speaking on Bloomberg Television, he said: I think there are two bubbles. We have a stock market bubble and we have a bond market bubble. Experts are always making predictions about … Read more

#VIX was seen as sure thing — until it suddenly wasn’t anymore: Inside Wall Street's $8bn VIX time bomb.

  https://www.bloomberg.com/news/videos/2018-02-07/a-crash-course-on-the-rise-and-fall-of-the-hottest-trade-video   Before whirlwind, banks turned volatility into the hot item VIX was seen as sure thing — until it suddenly wasn’t anymore https://www.bloomberg.com/news/articles/2018-02-06/volatility-inc-inside-wall-street-s-8-billion-vix-time-bomb?utm_medium=email&utm_source=newsletter&utm_term=180207&utm_campaign=ritholtz L O L $VIX pic.twitter.com/QQXjX3bd1i — Alastair (@StockBoardAsset) February 7, 2018 h/t @Schuldensuehner

Did Rare Event Signal Capitulation?

by Dana Lyons This week’s epic selloff included back-to-back 90% Down Days on the NYSE; was it the usual sign of capitulation? Waterfall-type declines like we’ve seen in the stock market this past week typically end when the last holdouts give up, or capitulate. That makes sense since, if there is nobody left to sell, the … Read more

Future U.S. Oil Production Will Collapse Just As Quickly As It Increased

BY SRSROCCO  While U.S. oil production reached a new peak of 10.25 million barrels per day, the higher it goes, the more breathtaking will be the inevitable collapse.  Thus, as the mainstream media touts the glorious new record in U.S. production that has both surpassed its previous peak in 1970 and Saudi Arabia’s current oil production, … Read more

FBI Texts: BURNER PHONES CONFIRMED!

“So look, you say we text on that phone when we talk about hillary because it can’t be traced, you were just venting bc you feel bad that you’re gone so much but it can’t be helped right now” Pg 45. BURNER PHONES CONFIRMED!!! AC

Don’t forget what causes a recession

From Noah Smith at Bloomberg: Remember recessions? Those times where the stock market goes down, unemployment goes up and businesses stop investing? There was a really big one about a decade ago, but that was a long time ago – there are plenty of young workers now who were kids back when names like Lehman … Read more

Bottom's In—Not!

By David Stockman Flush. Rinse. Repeat. BTFD! Well, you could also give a good whack to the weak hands, burn the over-boughts, call in the sideline cash and get giddy about the fundur…mentals! After all, the man on bubblevision said nothing has changed since the January 25 high at 2873 on the S&P 500. So there’s that: Another easy peasy 6% gain … Read more

"The Democrats Lost And We Would Win Again!" Sarah Sanders OWNS ABC Reporter

https://www.youtube.com/watch?v=kVsRPj4J8Ck “The Democrats Lost And We Would Win Again!” Sarah Sanders OWNS ABC Reporter Today During Sarah Huckabee Sanders Press Briefing (2/7/2018) She Takes ON ABC Reporter Jonathan Karl who insists President Trump is the one shutting down the government and press secretary sarah sanders tells him that the democrats lost last time and they … Read more