via Ploutos Summary With stocks making new highs to start 2018, the S&P 500 is now trading at all-time highs as a multiple of average hourly earnings. Stocks are as expensive as they have ever been for the average American, but does that mean they are overvalued? This article discusses some of potential drivers of this … Read more
BY SRSROCCO The world’s two largest silver mines have seen their productivity decline substantially due to falling ore grades and rising costs. Gone are the days when silver mines could produce silver at 15-20 ounces per ton. Today, the Primary Silver Mining Industry is likely producing silver at an average yield of 4-5 ounces per ton. In … Read more
by Dr. Eowyn President Trump will deliver his first State of the Union speech TOMORROW. But students at New York University (NYU) had already condemned the speech! A week ago, Campus Reform went to NYU and asked students for their reactions to President Trump’s State of the Union address “last night”. The students interviewed said: “I didn’t watch it … Read more
by Tom Fitton Here’s my original post on McCabe: https://www.reddit.com/r/The_Donald/comments/7jl9qg/vindication_text_messages_show_fbi_2_andy_mccabe/ Incredibly, Reddit somehow censored my follow up comment with all sorts of background info. on FBI/DOJ anti-Trump/pro-Clinton corruption. Here is my essential background post (including above video) which was censored: You can see why I always look like I’m about to break something in two, We … Read more
https://www.youtube.com/watch?v=-jzE8UnmpJg Bob goodlatte. One of the good guys. h/t X1811
House Committee expected to vote on #releasethememo and Trump in going to approve it. The cabal (deep state) is scrambling and pushing out as much propaganda as possible. McCabe stepped down from the FBI, some are saying he was forced out, its all coming down and there is no place to hide. Bio-metric ids were … Read more
FBI Deputy Director Snaps: In Anti-Trump Tirade, McCabe Professes Hatred for U.S. President to FBI Colleagues Remember he has the head of Hillary’s investigation… and Hillary vis VA Gov gave his wife $700K “McCabe, the second in charge of the FBI, ranted at a staff meeting a week after Trump’s inauguration (approx Jan 27) about … Read more
by Chris Hamilton Even in a central bank driven world, some things probably still matter. Given the US economy is nearly three quarters premised on consumption; the income, spending, and savings of those consumers probably still matters. Just two of the most important variables shown in the chart below: Household net worth (value of all assets … Read more
by Tom Fitton The missing/reappearing/missing FBI docs are amazing coincidences. JW JUGGERNAUT NOT GOING AWAY… JW won’t stop. Here is our statement on the McCabe defenestration: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-statement-fbi-deputy-director-andrew-mccabe/ Background on our lawsuit on McCabe texts: https://www.judicialwatch.org/press-room/press-releases/retired-fbi-special-sues-justice-department-records-top-fbi-official-ties-top-clinton-ally/ And vid background: And my discussion from this weekend on Judge Jeanine: http://video.foxnews.com/v/5720964965001/?#sp=show-clips
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Or what the averages are hiding. We will start with income and see what’s left over, and for whom. Personal income increased by 4.1% in December from a year earlier, the Bureau of Economic Analysis reported today. This includes all income received by all persons from all sources, such as from labor, … Read more
by stockboardasset President Trump’s decision to ring the New Year by simultaneously demonizing Pakistan on Twitter has mostly backfired. In an interview with the Financial Times, Pakistan’s defense minister Khurram Dastgir Khan said Pakistan is expanding its relationships with Russia and China, as relations with Washington deteriorate following the suspension over $2 billion in military aid to Islamabad. Khan said is … Read more
by DCG Via NY Post: City school-bus driver Sumatie Kalladeen’s scoldings terrified a little girl to the point where she was too afraid to ride the bus. The city Department of Education fired Kalladeen — but not before she racked up 37 complaints since 2001, seven of which were “substantiated,” records show. She was suspended at least twice before, … Read more
Julian Assange ⌛ (@JulianAssange) tweeted at 10:07 AM on Sun, Jan 28, 2018: Council on Foreign Relations links to major media holdings Full graphic here: https://twitter.com/JulianAssange/status/957631163358679040?s=03) Direct to map link UFS
Carter reports: McCabe apparently lashed out to his colleagues when he was told he would be asked to resign, according to sources. FBI Director Christopher Wray viewed the four-page memo on Sunday, sources familiar with the discussions said. McCabe, who is facing three federal inquiries for conflicts-of-interest during his time at the FBI, is one of … Read more
By New Deal Democrat Suddenly I have a lot to say about the economy. My sense is that we are on to a new phase after the 2015 shallow oil-patch centered recession and 2016-17 rebound. The data has a feel to it of a late cycle blowoff. Let’s start with this morning’s personal income and spending. In … Read more
by Dr. Eowyn The AP’s Paul Wiseman reports that on December 26, 2017, President Trump signed the GOP’s tax bill into law. By slashing the corporate tax rate to 21% from 35%, one of the highest among advanced economies, the new law distributes benefits across a range of American industries, from construction to health care. It also applies a low … Read more
by northmantrader In the fullness of time the recent US tax cuts will prove to have been a major policy mistake and I’ll give you several reasons why. Oh I know, amidst the stock market party and and companies seemingly throwing free $1,000 bonuses around suggesting a coming hangover is like urging moderation to the loudest … Read more
by John Ward We’re not being offered complete Brexit, we’re being offered complete bollocks A statement from earlier today (Monday) from the Media Johnnies in the Cabinet Office: “We are about to enter into a negotiation with the European Union on the end state, and achieving that partnership the prime minister believes will be in the interests … Read more
by Ron Paul Last week the Senate confirmed Jerome Powell as Federal Reserve Chairman by a vote of 84-13. This is in contrast to the contentious debates and closer votes over Janet Yellen’s confirmation in 2014 and Ben Bernanke’s confirmation for a second term in 2010. Powell benefited from a perception that the economy’s recovery from … Read more
by sundance As widely anticipated the House Permanent Select Committee on Intelligence has voted to release the majority ‘FISA Memo’ as led by Chairman Devin Nunes. According to reports it was a party-line vote. The memo now goes to the executive branch for release approval. Additionally, the politically constructed counter-memo, led by minority leader Adam Schiff, … Read more