by Michael Snyder It appears that something unusual is happening along the California coastline. Over the past 24 hours, California has been hit by 46 earthquakes. That is approximately twice the normal daily number, and much of the shaking has taken place in the southern part of the state. In recent weeks I have been … Read more
From Birch Gold Group Since WW2 the U.S. has witnessed eleven economic recessions. During this time economists have noticed an interesting trend: all those past recessions, except for one in 1960, were preceded by an increase in the price of oil. It’s for this reason that an increase in oil price is often viewed by many … Read more
by Ruby Henley Blackwater founder Erik Prince, ex-CIA officer John Maguire, and Oliver North are advising President Trump to create his own private global spy network, which would report directly to him and CIA Director Mike Pompeo. At this point, President Trump is surrounded by treasonous US Intelligence Agencies, which are part of the vast … Read more
Greenspan: Tax overhaul will do ‘very little’ for growth; inflation is biggest danger Former Fed Chair Alan Greenspan said the Republican-sponsored tax overhaul plan will do “very little” for economic growth. Instead, he said in an interview with CNBC that Congress should focus on the deficit or risk inflation getting out of control. Greenspan cautioned in 1996 about “irrational … Read more
https://www.youtube.com/watch?v=VCTDbbDwy_o Freedom Caucus Members Push To Hold Hillary and the FBI Accountable During Powerful Press Conference. ~~ Links: 1) http://thegatewaypundit.com/2017/12/f… 2) Thumbnail image – Rep Matt Gaetz.jpg Fox News, http://thegatewaypundit.com 3) Music – Youtube Audio Library “Ambient Ambulance” https://www.youtube.com/audiolibrary/ VIDEO: 8 Congressmen hold live Clinton ‘Special Treatment’ Press Conference demanding investigation Congressmen Gaetz, Jordan, Meadows, … Read more
By Michael Snyder Either the Republicans are going to give Democrats virtually everything that they want, or the federal government will shut down at the end of the day on Friday. We have been through this process time after time, and in every single instance the Republicans have always folded like a 20 dollar suit. … Read more
https://www.youtube.com/watch?v=V5mZ-SPCFC8 Trump Just Uncovered Elizabeth Warren Stole $5 BIL From Taxpayers – What She Did With It Will Make You SICK! ~~ Links: 1) https://freedomdaily.com/trump-just 2) Thumbnail image – 1-17-1200×630 (1).jpg Warren, https://freedomdaily.com 3) Music – Youtube Audio Library “Ambient Ambulance” https://www.youtube.com/audiolibrary/
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “Accounting irregularities” If you’re holding shares or bonds of a company, such as Steinhoff International Holdings — which acquired Mattress Firm Holding in 2016, Sherwood Bedding in 2017, and a bunch of other companies — well, you don’t want to get this kind of corporate announcement, even if you’re the ECB … Read more
by Dr. Eowyn The Congressional Accountability Act (CAA) of 1995 requires Congress and legislative branch entities to follow many of the same employment and workplace laws applied to private business and the rest of the Federal Government. In all, 13 civil rights, labor, and workplace safety laws are applied by the CAA: Occupational Safety and Health Act … Read more
The complete failure of this system is being exposed. The amount of leverage has always, every single time, caused a crisis to expand faster and harder then originally thought. There are no soft landings, Janet Yellen. Only crashes, loss of pension funds, and savings evaporated. You saw it during the Financial Crisis and you’re seeing … Read more
By Chris Black Eastern Europeans have a saying: we’ve just got out communism, after 45 years of Hell, only to discover that the West is marching (this time benevolently) into the same hellhole we’ve just managed to escape from. And this is not a joke either. The West’s essential institutions are pathologically corrupted by … Read more
Quantitative Easing (QE) and Equity and Credit Performance pic.twitter.com/bPE6kXGSiN — Alastair (@StockBoardAsset) December 5, 2017 CenBanks are the biggest risk to asset prices and the global economy. El-Erian's preview of major central banks in 2018. https://t.co/AxLEEKmMbk pic.twitter.com/2UtGcN3VH9 — Holger Zschaepitz (@Schuldensuehner) December 6, 2017 Why The Shift To QT Will Cause The Mother Of All … Read more
Market analyst Lynette Zang predicts in the next crash, “real estate, stocks and bonds will all crash.” When will this happen? Zang says, “Enjoy your Christmas,” but in 2018, all bets are off. Zang explains, “In 2018, I don’t think they can hold these things together. I think we will see a major market correction … Read more
by Michael Snyder At one elementary school in California, 96 percent of the students are not proficient in either English or math. How is that even possible? Unfortunately, the more the federal government gets involved in education, the worse it seems to get. At one time the United States had the greatest system of public education on the … Read more
By Michael Snyder It should upset you that virtually everything stocking the shelves of our major retailers seems to have been made somewhere else. As a nation, we are consuming far more wealth than we are producing, and that is a recipe for national economic suicide. This week we learned that imports from China hit … Read more
by Chris Black If you’re not up to date with the politically correct lingo, you should know that the concept of protected classes was created by leftists and it’s pretty much similar with the notion of identity politics. Basically, a protected class, whether we’re talking about minorities (blacks, Hispanics, “people of color”) or women/transgenders/gays/lesbians/whatever sexual … Read more
by Anthony B Sanders Another day in the land of Central Bank bubbles. According to Bloomberg, transportation stocks have rallied more than 8 percent in a week, realigning them with industrials at new highs in a coupling that is one of the market’s oldest bullish technical indicators. According to the century-old Dow Theory, simultaneous records in … Read more
In your opinion, how can it possibly be considered that this is a good economy when the bank literally gives you money to buy a home?! Mortgage When credit flows easily, people will take it. Payday loans. Cash Money. Cash Advance. These are successful business models because people can find a way to buy … Read more
by John Ward The media’s macro portrait of ‘everything’s alright really’ looks like the daubings of an infant when you get closer to the canvas. Nowhere is this more apparent than than in the micromadness of the US Car sector. One of the things long-distance relocation brings to the party is just how different things … Read more
h/t David Stockman Rather than attempting to "justify" or dismiss valuations, it's better to accept that speculative pressures (we read via market internals) can allow enormous, temporary deviations from valuation norms over portions of the cycle. Just don't imagine those deviations are permanent. pic.twitter.com/cBJQ59i3Pd — John P. Hussman, Ph.D. (@hussmanjp) December 4, 2017 The Fed Is … Read more