via bloomberg: Financial markets have short memories. Of late, they’ve convinced themselves that collateralized loan obligations (CLOs) are much safer instruments than the collateralized debt obligations, or CDOs, on which they’re based and which helped precipitate the 2008 crisis. They’re wrong …
by DCG I guess peek-a-boo is just not enough entertainment for some adults these days… From NY Post: Instead of telling babies to say “cheese” for the camera, people on Twitter are now literally throwing slices of cheddar at them. The …
Henry Rodgers from The Daily Caller reports, A 2016 CNN interview with Michael Cohen appears to contradict part of his Wednesday congressional testimony in which he claimed he did not want to work in the White House. https://www.youtube.com/watch?v=FX6C1CvwRas Read More/Source/Credit/FairUse: …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Anytime an economic slowdown and a housing downturn appear in the scenery, there are questions about the next global financial crisis. That’s a bitter aftertaste from the last global financial crisis. But China is somewhat special …
by Brian Maher of Daily Reckoning The president has redrawn his March 1 line in the sand. “Substantial progress” in trade talks with China is the reason he cited. But another March 1 deadline menaces the United States… like a creeping …
by Metaphorical_Oracle As we all know, it’s perfectly normal and common for employees who want more money in their weekly Salary, to hire 2 guys from Africa to dump bleach on them, we all know that bleach stains on your …
By David Stockman Thanks For The Massive Corporate Tax Cut, GOP! CapEx Orders Back To May 2008 Levels California Existing Homes Sales Fall to Lowest Level in More Than 10 Years” Housing demand in California remained subdued for the ninth …
by Brandon Smith Establishment elites have always had a predilection for regime change. Obviously, this strategy helps weed out nation states that might be uncooperative with their future plans for a fully centralized global economic and political order. We have also …
by Jake Socialism is just another capitalistic Program by the rich at the top to enslave the masses. Rosanne Barr! Roseanne Barr calls AOC ‘bug-eyed Farrakhan loving b***h’ in expletive laden YouTube rant (VIDEO) Scandal-prone former sitcom star Roseanne Barr …
by Geoffrey Grider Jussie Smollett’s hoax is symptomatic of America’s illness. Because of the mainstreaming of academia’s victimhood culture, we are now in a place where we place more value on being a victim than on being heroic, charitable, or …
I Love My Freedom reports, When it comes to telling the truth, freshman Rep. Alexandria Ocasio-Cortez seems to have a difficult time. https://www.youtube.com/watch?v=aBx-V1W7dMA Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/ocasio-cor…
by TFittonJW In our latest Judicial Watch Update: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-fbi-general-counsel-talked-to-hillary-clintons-lawyer-about-comeys-letter-on-weiner-laptop-clinton-emails/ (Washington, DC) – Judicial Watch announced today it received 215 pages of records from the U.S. Department of Justice revealing former FBI General Counsel James Baker discussed the investigation of Clinton-related emails on …
One after another the Fake News MSM is accepting and spreading these false narratives. If it fits their anti Trump agenda, they just go with it uncritically and hype it up to a frenzy. Facts, evidence, or truth be damned. …
Retail sales drop the most since September 2009 U.S. retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board, suggesting a sharp slowdown in economic activity at the end of 2018. …
Charlotte Russe Files for Bankruptcy SAN FRANCISCO, Feb. 4, 2019 /PRNewswire/ — Charlotte Russe Holdings Corporation together with its subsidiaries (the “Company” or “Charlotte Russe“) today announced that the Company has voluntarily filed for relief under Chapter 11 of the Bankruptcy Code …
via CNBC: The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) came in at 48.3 in January, compared to 49.7 in December. Analysts polled by Reuters had expected the Caixin PMI to be 49.5 last month. It was the second-consecutive month of …
by Lance Roberts I recently sat down with Peak Prosperity’s Chris Martenson to discuss an article I wrote last year on why another 50% correction is possible. I have attached a link to the original article below the interview along …
by Michael Snyder Federal workers need to be prepared for more pain. If President Trump and Congress cannot make a deal, there will probably be another very painful government shutdown in just a couple of weeks. Even though he agreed …
by Stucky Elliot Abrams will handle relations with Venezuela! [Side Note: If that’s not a near perfect caricature of (((you know what))) then I don’t know what is.] .@SecPompeo announced today that Elliott Abrams will lead @StateDeptefforts on #Venezuela to help the Venezuelan people fully …
https://youtu.be/PPwrC7RRPgw The stream become a river The river become a sea The sea becomes an ocean AC
by Jesse Colombo The S&P 500 rose 1.32% on Friday, causing it to close above the 2,550 to 2,650 zone that I was watching for the past couple months. I was watching the 2,550 to 2,650 zone because it was …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Number five in two years. Here’s the list. “This decision is a difficult, but necessary one,” ShopKo said in its announcement of the Chapter 11 bankruptcy filing. It blamed “excess debt and ongoing competitive pressures” and “a challenging …
by Simon Black For almost a year now, I’ve been advising you that gold production is plunging… By itself, declining gold production isn’t a huge deal. It takes hundreds of millions of years for minerals to form deep in the earth’s …
by DCG The mantra of every elite socialist and ill-informed, government-educated proggie. From NY Post: Burnishing his progressive credentials, Mayor Bill de Blasio portrayed himself as a protector of the working class on Thursday — while proposing a redistribution of wealth — in …
by Kimble Charting Is 2018-2019 going to be a repeat of the 2007-2008 crisis for the home builders? One indicator/index to watch is the Dow Jones Home Construction Index. This index experienced a bearish divergence just before the 2007 stock market highs. …
Krugman: The Economics of Soaking the Rich. Krugman argues in favor of marginal tax rates in the 80% range for the “rich.” Economist Bill Anderson comments on my Facebook page (reprinted with permission): “At the 2004 Southern Economic Association meetings …
Europe headed for another recession? pic.twitter.com/oiWoHVJ6ET — Alex Barrow (@MacroOps) January 3, 2019 Only during recessions have we seen ISM dropping 5-index points or more in a month in newer history. Ouch! pic.twitter.com/OLcKOUtWDC — Andreas Steno Larsen (@AndreasSteno) January 3, …
by Michael Snyder Well, that sure didn’t take long. Many had been hoping that 2019 would be a calmer year for Wall Street, but so far that has not materialized. In fact, a surprise announcement by Apple has just …
Stephanie Landsman for CNBC reports, He’s been worried the Federal Reserve would go too far. And now, market researcher James Bianco thinks his fear may be a reality. https://www.youtube.com/watch?v=aPhK0c6BTsw Read More/Source/Credit/FairUse: https://www.cnbc.com/2018/12/19/two-m… He’s been worried the Federal Reserve would …
