This is a Bear Market Rally… Nothing More Pt 2

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by The Phoenix On Friday I outlined the technical setup for the stock market’s current bear market rally. By quick way of review… The price action in 2022 had been extremely bearish with 12 out of the previous 15 weeks closing down as of mid-June. The S&P 500 was extremely extended below its 50-day moving average (DMA)… hitting … Read more

The US Housing affordability index is the lowest since 1989 (then we had average 10.3% mortgage rates). Never before have corporate investors had a larger share in the housing market in terms of purchases. BUT they are now stepping back…

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by silvertomars Housing today is less affordable than at the housing bubble peak of 2006… either interest rates will have to come down a lot or real estate prices will have to come down substantially… “Builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems and high home … Read more

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My site is actually a doom and gloom financial and political conservative website. so your product will do very well here.

Argentina Raises Interest Rate to 69.5%! Socialism ALWAYS ends like this

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The majority of the nation is unemployed, and the currency is basically worthless. The people can no longer rely on the socialistic promises as the government is unable to fund its programs. Basic necessities are no longer available, and the people are suffering. After inflation reached 60%, the nation decided to stop printing money entirely. … Read more

Welcome to the World of Bankster Magic Where We Shall Have “Weather Followed by More of the Same Unless it Changes.”

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by David Haggith At the start of the year he said we were entering the “strongest economy” he had ever seen. Then he said he saw storm clouds. Then he said his storm-cloud forecast might have been underestimating the calamity coming upon us because we were likely facing an economic “hurricane.” Now we’re back to “storm … Read more

DO TELL: ‘Students who identify as conservative face distinctive challenges’: report.

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On May 17, the University of North Carolina System released a report on the status of ‘Free Expression and Constructive Dialogue’ at member schools. One notable finding was that conservatives were more likely than liberals at UNC Chapel Hill to self-censor their political beliefs. On May 17, the University of North Carolina (UNC) System released … Read more

Sri Lanka: “We are just the canary in the coal mine. The entire world is plugged into this failing system and the pain will be widespread.”

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“I had a car. It’s a giant paperweight now. My kids ask if they can play inside it, and that’s about all it’s good for. Sri Lanka has run out of gas,” writes @indica. https://t.co/yCrfE6XUJm — New York Times Opinion (@nytopinion) August 15, 2022 https://www.nytimes.com/2022/08/15/opinion/international-world/sri-lanka-economic-collapse.html   h/t dr0id

The likelihood of an EU recession is growing

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The chance of a EU recession is increasing. No big surprise. Short the… pic.twitter.com/6rJWBBhN9x — Ayesha Tariq, CFA (@AyeshaTariq) August 15, 2022 Good morning from #Germany, which is heading for a #recession. In the latest Bloomberg Economists survey, experts put the probability of an economic contraction within 1yr at well over 50%. pic.twitter.com/Z5JrxhTfVS — Holger … Read more

‘When the Department of Justice refuses to investigate Hunter Biden for its political nature but targets Biden’s top political opponent, we have a serious problem.’

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When the Department of Justice refuses to investigate Hunter Biden for its political nature but targets Biden’s top political opponent, we have a serious problem. — Sen. Marsha Blackburn (@MarshaBlackburn) August 15, 2022 Gov. DeSantis calls out the FBI’s raid of Donald Trump’s home at Mar-a-Lago. pic.twitter.com/fkccmsCd1j — Benny Johnson (@bennyjohnson) August 15, 2022 Following … Read more

Conservatives are constantly under attack, and we’re not immune. Subscribe to our newsletter and rss feed would ensure you to stay connected with us!

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We are being silenced in every fronts. Attacks against us have taken the following forms: Our Facebook, twitter account has been suppressed – limited distribution. Reddit has permanently banned our site. Google has blacklisted us from their search engine and disabled ad serving on our site. Many ad networks use their adservers so once they banned … Read more

The IRS Targets the Poorest Americans

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by Martin Armstrong The Internal Revenue Service (IRS) claims that they will not target lower and middle-class Americans under their staff expansion. This is a lie a they already target the poorest households at five times the rate of other income brackets. Trac IRS examined the audit figures from FY 2021. The IRS audited 659,003 returns … Read more

The bears are not retreating…

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This morning from Bloomberg… The bears are not retreating. $SPX pic.twitter.com/iRz80jopO9 — Ayesha Tariq, CFA (@AyeshaTariq) August 15, 2022 Strong rally not yet deterring hedge funds as they continue to increase short positions in S&P 500 futures … positioning is most net short since summer 2020 pic.twitter.com/vc2iKnqofl — Liz Ann Sonders (@LizAnnSonders) August 15, 2022 … Read more

“Hey Google, why is the inflation reduction bill doomed to fail?”

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https://twitter.com/MSMLiesAllDay/status/1558856937789440002 EVERYTHING IS GOING SWIMMINGLY: Americans Are Dipping Into Savings To Weather Bidenflation. More than a third of Americans have drawn on their savings accounts to handle rising prices, taking out hundreds of dollars on average, according to a recent survey by New York Life Insurance Company. Since January, 36 percent of Americans have drawn an average of $617 from their … Read more

Learning is not one of their strong suits…

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Democrats are not learning from their defund-the-police failures. Last week, Rep. Ilhan Omar (D-MN) just barely won renomination in her Democratic primary. Democratic leaders had failed to see it coming — that such a prominent member of the left-wing “Squad” could come within just 2 percentage points of losing to an opponent whom she had outspent nearly … Read more