by Martin Armstrong The price of Western Canadian Select (WCS) crude dropped more than US$55 per barrel BELOW North American benchmark of West Texas Crude. The widening discount is evidence the commodity is illustrating how the environmentalists are really destroying the …
What is your favorite indicator to watch on a regular basis? Traders are on edge as stocks haven’t been able to make new highs, confusing those who have entered into the same in the passed decade.A downward trend is here …
Will Italy be bailed out? If so, by who? ECB? Other Euro countries? The U.S? Greece has been dealing with a heavy crisis for years. With the IMF and massive intervention, Greece has yet to fully collapse. Today the crosshairs …
Do you think that rising interest rates will play a SMALL or BIG role in prices? When you look at home sales, this must be broken down by country, region, and all the way down to the neighbourhood of a …
https://www.youtube.com/watch?v=VeLoGPK8CK4 The whole world is a fraud… It’s spy/blackmail entanglement… Banksters created Intelligence agencies because through history INFO was a source of power and profit… HH
Today we look at some of the criticism facing John McCain following his passing.
Nvidia stock fell by 6 percent on Thursday after the company reported better-than-expected earnings and lower-than-expected revenue guidance. Here are the major numbers: Earnings: $1.76 per share, excluding certain items, vs. $1.66 per share as expected by analysts, according to Thomson Reuters. …
Tencent reports second-quarter earnings Wednesday. Analysts expect a slowdown in revenue growth. The online gaming business is a concern after Chinese regulators have clamped down on the industry and even ordered Tencent to stop selling a popular game called “Monster …
via Karoliina Liimatainen The Swiss property market kept cooling in the second quarter, with UBS Group AG’s bubble index reaching its lowest since early 2015. The index slipped to 1, the level that divides the risk zone from the region indicating …
Synchronized Global Slowdown: US, China, Japan All Post New Yearly PMI Lows The Purchasing Managers’ Index is a keen insight into what is taking place in the analytical minds of economic decision-makers as they examine the health of their businesses …
Here’s how the company did compared with what Wall Street expected: Earnings per share: 58 cents vs. 57 cents, forecast by Thomson Reuters Revenue: $3.86 billion vs. $3.81 billion, forecast by Thomson Reuters For the third-quarter, PayPal’s profit forecast was …
via businesscycle: Stealth Slowdown Unfolding Wall Street is too optimistic on the economy, veteran forecaster warns from CNBC. As the chart shows, real personal income and consumer spending growth are both in cyclical downturns. Contrary to the notion of a “strengthening” economy, consumer spending …
U.S. Treasury Secretary Steve Mnuchin said some oil buyers could get waivers to continue buying Iranian supplies despite American sanctions on the Middle Eastern country. Concerns about the aggressive U.S. policy to remove Iranian barrels from the market have raised …
by Daniel Carter Tensions in Iran have been inflamed once again as mass protests have sprung up throughout the country this week. These outbursts of civil unrest have become all too common. In January, at least two dozen protesters were …
by DCG Quick, time to write another story about the separation of families at the border! We can’t dare let good news like this receive any attention. From Fox News: Overall enrollment in the country’s food stamp program has dropped to its …
https://twitter.com/northmantrader/status/996452701167812609?s=11 via The Macro Tourist: When Kevin Muir used to trade the S&P 500, he identified how Fed QE buying very directly affected the stock market. Not in some esoteric, debatable, tangential way, either. They pre-announced the days they’d be …
via bradford-delong.com This year, 2018, will be the 11th year after the 2007 business cycle peak that preceded what is generally called the “Great Recession“. This year American national income per capita will be about 7.5% above its 2007 level. If …
By Michael Snyder We just witnessed the 5th largest single day stock market crash in U.S. history. On Thursday the Dow Jones Industrial Average plunged 724 points, and many believe that this is just the beginning of another huge wave …
by Shaun Richards This morning has brought news on the state of play concerning UK house prices although I think the Guardian has tripped over its own feet a little in an attempt to slay several dragons at once. House …
By Michael Snyder Many had been hoping that the financial shaking on Wall Street that we witnessed in February would subside in March, but so far that is definitely not the case. On Thursday, the Dow fell another 420 points …
Cable news viewers are abandoning CNN in droves. Their 24/7 anti-Trump programming policy isn’t working out so well, it seems. Even the Hallmark Channel is beating them in some areas. How embarrassing for them. http://americanlookout.com/sinking-ship-cnn-falls-below-the-hallmark-channel-in-prime-time-viewership/ h/t Voluntaryist
by Duane Norman, Free Market Shooter Jordan Jereb After the recent shooting at a Florida high school, a great deal of questionable stories were spread about the shooter, Nikolas Cruz. Some sites reported that he was affiliated with the Antifa movement, others have shared photos …
By Michael Snyder We haven’t seen this kind of a bloodbath on Wall Street since the great financial crisis of 2008. Prior to this week, the largest single day decline for the Dow Jones industrial average that we had ever …
Like all Democrats NO STAMINA. Pay attention to Rep. Matsui (D-CA), in the orange blazer, who dozes off repeatedly while listening to Nancy Pelosi filibuster on the House floor. Rep. Matsui succumbs to Pelosi at 0:04 – 0:19 and again …
By Michael Snyder It isn’t going to be a surprise when U.S. stock prices fall 50, 60 or 70 percent from where they are today. The only real surprise is that it took this long for it to happen. Even …
NBC News is reeling after “Nightly News” anchor Lester Holt appears to have been badly fooled by North Korean propagandists — giving a cheery report from a ski resort in the Hermit Kingdom that looked to be bustling when it …
https://www.youtube.com/watch?v=9RsOAp0ZQfQ The largest ever single-year drop in trust among Americans for the US has been recorded in the Edelman Foundation’s annual report. While the educated public’s trust in the US plummeted by 23 percent from 2017 to 2018, the general …
by Mark Angelides Is the entire narrative around Donald Trump’s alleged use of the word “Sh**hole” a Democrat plan to avoid losing in the battle for DACA? And have they just overplayed their hand? The “fortuosity” of Trump making such …
Did someone say “referendum?” By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The EU’s relations with key third-party country Switzerland have sunk to their lowest point in years thanks to a last-minute decision by the European Commission to grant …
by Anthony B Sanders Are markets out of control due to The Federal Reserve keeping rates so low for so long? The VIX (Chicago Board Options Exchange SPX Volatility Index) has fallen below 10 and the S&P500 index has soared …