Stock Market Lazes Happily on a Powerful Time Bomb, and the Fed Begins to Worry

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Pointing at “excesses,” “distortions,” and “imbalances.” Margin debt in the stock market hit another record, $561 billion at the end of October, up 16% from a year ago, the New York Stock Exchange reported on Tuesday. Margin debt and the stock market move together. And even on an inflation-adjusted basis, the … Read more

President Trump Tweets About Muslim Violence, Downing Street Blasts, Labor Mps in UK Call for the POTUS to be Banned from UK

by Chris Black As usual, President Trump proved that he’s a Jedi master when it comes to controlling the news cycle (and trolling the MSM), but let me elaborate on that in a jiffy. So, on Wednesday, during what can be described as a regular morning for the president of the United States, Donald Trump … Read more

The US Now has a Problem on Two Borders!

by Mark Angelides While we have all been watching the southern border and wondering when the wall will finally be built, we have ignored a growing issue with our northern neighbors. As ISIS teams up with Latin American drug cartels to create one of the deadliest threats to US security, we have failed to notice that … Read more

Exposing The Tricks Of The Professional Politicians

by Michael Snyder Have you ever sat through a very long political speech and realized at the end of it that nothing of any real substance was said the entire time?  This is what professional politicians have been trained to do.  They have been trained to sound good without every really getting very specific about anything.  … Read more

How A North Korean Electromagnetic Pulse Attack Could Kill Millions And Turn America Into A Post-Apocalyptic Wasteland

By Michael Snyder This is why North Korea’s test of an intercontinental ballistic missile is so important.  North Korea had test fired a total of 22 missiles so far this year, but this latest one showed that nobody on the globe is out of their reach.  In fact, General Mattis is now admitting that “North Korea can … Read more

Mapping the Fiscal Burden of Illegal Immigration on the United States

by howmuch There’s a lot of confusion and misunderstanding out there around the economic impact of illegal immigration in the United States. We decided to bring some clarity around the issue by mapping new numbers on the estimated costs of illegal immigration on a state-by-state basis. Our viz takes data from the Federation for American Immigration … Read more

5 Examples Of Government Waste That Will Make You Angry

by Spencer P Morrison, NEE Highlights From Federal Fumbles: 5 Examples of Wasteful Government Spending US Senator James Lankford (R-OK) is a hero for his work exposing wasteful government spending.  For the last three years, the Senator has released a report called Federal Fumbles: 100 Ways the Government has Dropped the Ball—ie. wasted your tax dollars. Federal Fumbles documents … Read more

THE WAIT IS NEARLY OVER! The FBI will release Clinton-Lynch Tarmac Records Day After Tomorrow!

The countdown continues. Judicial Watch legal juggernaut caught the FBI red-handed in cover-up of the tarmac records. We forced the FBI to own up to the docs, which are due to us Thursday Nov. 30: http://video.foxnews.com/v/5611564874001/?#sp=show-clips One minute background. Longer discussion: More: https://www.judicialwatch.org/press-room/press-releases/fbi-finds-30-pages-clinton-lynch-tarmac-meeting-documents-wants-six-weeks-turn-docs/ Because No One is Above the Law!   h/t TFittonJW

The US Cities with the Biggest Housing Bubbles

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter What, first down-tick in Seattle? The S&P CoreLogic Case-Shiller National Home Price Index for September, released today, jumped 6.2% year-over-year (not-seasonally-adjusted). By comparison, consumers’ nominal disposable income (not adjusted for inflation) rose only 2.9%. When population growth is factored in, this disposable income on a “per-capita” basis, hence for consumers as individuals, grew about … Read more

Here's how you know cryptos are in a bubble

From Jeff Clark, Editor, Delta Report: Cryptocurrency stocks just had their “K-Tel” moment. Those of us who are old enough to know what a record player looks like, or who can reminisce about playing our favorite cassette tape on the car stereo system, remember K-Tel. The company is best known for its compilation music albums, such … Read more

Chinese Stocks PLUNGE As Bond Market Gets Ready To Crash!

Josh Sigurdson talks with author and economic analyst John Sneisen about the recent plunge in Chinese stocks. The Chinese blue-chip index suffered the worst day in 17 months after a MASSIVE plunge. Investors cited rising bond yields and regulatory burdens regarding corporate debt following a strengthening but bubbling equities market throughout the majority of the … Read more

John Mauldin: 8 Charts That Show How Insane The Economy Is Today

Authored by John Mauldin via MauldinEconomics.com, Since the 2008 financial crisis, there’s been a growing number of ridiculous, inane, and otherwise nonsensical economic interventions from our central bankers that fill the daily economic headlines. I have gone from the occasional smile to scratching my head now and then to “WTF” moments. All that said, the economists who designed … Read more