“Obstruction of Justice” – Special Agent Strzok Text Message Highlights FBI Investigative Intent… DOJ Telling Trump NO On Realeasing FBI Memo

by sundance Since Thursday night we’ve been combing the FBI files to figure out exactly what FBI Agent Peter Strzok was referencing in one of the most recently released text messages.  We have discovered the context and the text is now damning. House Judiciary Chairman Bob Goodlatte read this specific text message on Thursday night during an … Read more

Out of Time! Toys R Us Closing 182 Stores (6,403 Store Closings Announced In 2017)

by Anthony B Sanders Toys R Us, along with several other retail stores like Macy’s, Sears, JC Penney (not to mention Limited Stores), are literally “Out of Time.” In other words, that are from a pre-internet shopping/Amazon era. Jan. 24 (Washington Post) — Toys R Us announced plans to close 182 stores nationwide, creating new opportunities for … Read more

SCOTTeVEST founder says company markets to Fox viewers because they’re “f***ing idiots”

by DCG From Washington Times: SCOTTeVEST founder Scott Jordan was rebuked by his own clothing company after he posted on Facebook last weekend that Fox News viewers are “f–ing idiots.” Mr. Jordan co-founded SCOTTeVEST with his wife in 2000, selling a line of multi-pocketed “eVests” designed for consumers to carry multiple gadgets. He failed to clinch a deal on ABC’s Shark Tank with his “Technology … Read more

These Chart Signals Transports Are Late Cycle

by stockboardasset Dow Jones monthly RSI tags 75.0610 reading, which has been synonymous with a late cycle move. Breaking down the move from 1Q2016, the RSI has a clear construction of the Elliot Wave. The current move in the wave count is number 5 testing a .764-fib at 75. 3rd rail tag in the entire cycle on … Read more

What Could Possibly Go Wrong?

via Lance Roberts  What goes up, eventually comes down. That is just reality. The bull market that began in 2009, has now entered the final stage of “capitulation” as investors throw caution to the wind and charge headlong into the markets with reckless regard for the consequences. Of course, it isn’t surprising given the massive amounts of liquidity … Read more

Big Little Lies by Central Bankers

by northmantrader How stupid do central bankers think we are? By account of their communications and actions the answer is: Very. Just in the past 24 hours we got a heap of communications that can be considered cringeworthy at best, highly disingenuous more likely. But it all fits with a script that has been unfolding for … Read more

OMG – This Chart

by Chris joke with Adam regularly by phone about the angle of these markets with Janet seeming to prefer higher angles. Somebody on Twitter (@wexmark) produced this beauty channeling the thoughts of Adam and Myself. Yep – Janet and Draghi and Kuroda and the SNB have managed to get us to a straight-up 90 degrees … Read more

"Buy and hold" is a myth and dangerous lie

by Trivirus Arguably the greatest piece of propaganda perpetrated upon retail investors (such as you and me). The first is that if “buy and hold” were so great, why do institutional investors, who have been working in finance their whole careers, choose to sell assets when the market is near or recently surpassed its peak? Words … Read more

GDP boosted by consumers going all in on borrowing and falling savings

“This Is 1987”: Some “Haunting Math” On Today’s GDP Number From David Rosenberg When discussing today’s unexpectedly weak Q4 GDP print, which came in at 2.6%, far below consensus and whisper estimates in the 3%+ range, and certainly both the Atlanta and NY Fed estimates, we pointed out the silver lining: personal spending and final sales, … Read more

Florida mayor busted in FBI sting

Florida mayor busted in FBI sting (Democrat took Russian checks – a lot of them) HALLANDALE BEACH, Fla. — Authorities say the mayor of Hallandale Beach has been arrested on three felony charges following an undercover FBI investigation. The Broward State Attorney’s Office said in a news release Thursday that Mayor Joy Cooper has surrendered … Read more

End of the 9-Year Rental Housing Boom?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Since the Financial Crisis, the number of renters surged at a blistering pace, and renters became a majority in 42 cities, but the trend has now reversed. The number of people living in rented housing in the US has surged by 23 million over the past 10 years. This is the … Read more

The debt bubble is getting stretched: Another warning signal is flashing under the surface

Image from pixabay   From Bloomberg: American economic growth is proving solid and broad, but a warning signal may be flashing under the surface: personal savings as a share of disposable income is falling rapidly. That’s important, because consumers make up roughly 70 percent of the economy and are a key driver of economic growth, and they … Read more

Baltimore Police Used GPS Devices To Rob Drug Dealers

by stockboardasset Over the past year, the Baltimore Police Department has undoubtedly gained national attention in a corruption scandal involving the Gun Trace Task Force, running wild on the streets of Baltimore. Members of this elite group were charged with “racketeering and other corruption, accused of robbing citizens, making illegal arrests and filing for thousands of dollars in … Read more

This shows the corruption in lower government positions, but in all branches. It only gets worse and grows bigger..Old but great watch.

https://youtu.be/gLWMnH31D-Y https://youtu.be/7J7IHg9l9tM Rip Gary webb. That’s a real journalist. What we have today is “reality” news and all about fear and ratings. STRONGLY recommend watching both,very interesting. If it was going on back then (secret missions/societies inside the cia) it’s most likely much worse today. Drugs probably went from plans to submarines so no more … Read more

After One Year, President Trump Is Still A Winner – Despite Every Effort To Persuade Me Otherwise

by Duane Norman, Free Market Shooter While having a conversation with some associates recently (who know about my support of President Trump), I was asked to just consider getting off the Trump Train.  “And support who, Hillary Clinton?”  I asked, laughing loudly in the process.  “I don’t care – support no one, or anyone else but Trump.” I told him that barring … Read more

Schumer rejects Trump’s immigration proposal

Trump supporters can breath a sigh of relief. Senate Minority Leader Chuck Schumer opposes the immigration framework released by the White House — a potentially fatal blow for the prospective legislation in the closely divided Senate. The New York Democrat on Friday accused President Donald Trump of using a proposed path for citizenship for young … Read more