by jessefelder There are a number of factors that make the current mania in risk assets unique. Most notable may be the breadth of extreme overvaluation not just within the equity market but across a number of other asset classes. The …
by MyPenisIsALesbian With the summer driving season arriving and the subsequent increase in gasoline demand, refiners are planning their annual maintenance turnarounds to restrict supply. Additionally, they’re claiming that a spike in corn prices are driving up the cost …
By Philip Verleger The most recent forecasts published by the US Energy Information Administration show US oil production increasing steadily. The February Short-Term Energy Outlook sees the output from US wells rising from 11.9 million barrels per day at the end of 2018 …
by Dave Kranzler of Investment Research Dynamics The retail sales report for December – delayed because of the Government shut-down – was released this morning. It showed the largest monthly drop since September 2009. Online sales plunged 3.9%, the steepest drop since November …
Mike Rivero interviewed on Reluctant Preppers Whether you’re trying to protect your family from the failing global financial system, or to prepare for how are you going to feed your family if the climate gets hotter or colder, you’ve got to know …
The other day, author Tom Ricks asked whether we’re heading toward a civil war. “I don’t believe we’re to Kansas of the 1850s yet. But we seem to be lurching … in that direction,” he wrote. Ricks was commenting on “What Democratic rage would look like,” …
Financial Survival Network, Released on 1/22/19 Danielle was always skeptical of the seemingly perpetual bull market in stocks and in fact wisely advised taking money off the table, to avoid the inevitable down cycle. Today, stocks are retreating from their …
by Michael Snyder Global economic activity has been slowing down dramatically in recent months, and now the mainstream media is filled with dire warnings that a global recession is dead ahead in 2019. And without a doubt, things do not look …
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, …
Brexit is back in the spotlight and not in a good way. The UK is going down a path of uncertainty and what is likely to emerge…is chaos. The resignations by several top deputies brings to light the divergence on …
by John Rubino California Governor Jerry Brown inherited a $27 billion deficit from Arnold Schwarzenegger eight years ago. This month he’s leaving his successor a $13.8 billion surplus and $14.5 billion in rainy day fund balance. Pretty good right? Approximately …
Interview with Hayman Capital Founder, Kyle Bass. Bass says 1$ trillion infrastructure stimulus is needed or US will hit a recession. https://twitter.com/askjaychang/status/1072511368010571777
by John Rubino Doug Casey: “We’re headed for a catastrophe of genuinely historic proportions … including a civil war” … Peter Schiff: “Blue wave averted, larger deficits coming” … Mike Maloney: “One hell of a crisis coming” … Stefan Molyneux: …
via Reuters: Venezuela’s consumer prices rose 833,997 percent in the twelve months through October, according to a report by the opposition-controlled Congress published on Wednesday, the latest sign that policy changes in August failed to halt rampant hyperinflation. Monthly inflation decelerated …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter When will the Fed buckle? In this podcast, I ask: Where are interest rates headed, when will the Fed buckle, and who are the new winners and losers? (10 minutes)
Asteroid 2002NT7 is on its way towards the Planet Earth on February 1, 2019 and it will miss the Planet Earth and the Asteroid is up in outer space right now and it is Making on its way for Planet …
via Doug Casey: You’re likely thinking that a discussion of “sound banking” will be a bit boring. Well, banking should be boring. And we’re sure officials at central banks all over the world today—many of whom have trouble sleeping—wish it were. …
An Appropriate quote from 1984, was Orwell a Psychic? This is clearly where we are going with the beginning of the Purge style censorship. Scary times friends, its going to get interesting when we are all silenced like in Communist …
via MS Developed-market assets, including US stocks and credit, are not immune to the conditions that have dragged down emerging markets this year, according to fixed-income strategists at Morgan Stanley. They flagged slower global growth, higher oil prices, and trade …
by stockboardasset So, I think a global slowdown is developing in Asia and Europe, along with spreading into emerging markets. The US is the last man standing, as it is the last domino to fall. The one question we ask: When …
https://www.youtube.com/watch?v=iPYgFkgz_EE Were screwed Trump can’t do any arrest without FULL support of AG, military, Congress, Republicans and so on. One man against The Evil Powers That Be. He can’t even depend on his entire Administration. We have too many …
https://www.youtube.com/watch?v=maAu6AFFDwk She is a clown but a dangerous at that! She should be arrested for treason and sedition. JK
via scmp: Divers off the South Korean island of Ulleungdo have discovered the fabled wreck of the Dmitrii Donskoi, a Russian warship that was sunk in 1905 and is rumoured to still contain 5,500 boxes of gold bars and coins said …
Trump takes another shot at NATO as he prepares to meet with alliance leaders via chicagotribune: President Donald Trump said Tuesday that an upcoming summit with Russian President Vladimir Putin might be easier than a gathering with NATO allies, as he …
by Martin Armstrong QUESTION: Mr. Armstrong, I thought you would be wrong on the pound. I will yield to your forecasts. I do not know how you do it forecasting so many things around the world and getting them right no …
by Keith Weiner of Monetary Metals Before it collapsed, the city of Rome had a population greater than 1,000,000 people. That was an extraordinary accomplishment in the ancient world, made possible by many innovative technologies and the organization of the greatest civilization that …
https://www.youtube.com/watch?v=bYPCRyO_NWw Big fan of Luis work over on Smaulgld..and it’s true, although we’ve heard the collapse narrative for ten years, doesn’t mean it isn’t going to happen, and it doesn’t mean we should stop paying attention to the moves they …
via Chris Arnold The economic tea leaves right now are getting hard to read. The latest measure of economic growth showed the economy expanded at a lackluster 2 percent rate in the first quarter. Estimates for second-quarter growth are much …
by Bill Bonner Crypto Beating Somehow, the stock market made it through another month. But the primary trend still seems to be down. The stock market peaked out in January. So far, there is no sign that it intends to take …
via WAINE VAN VUUREN Despite the U.S. leading economic indicators appearing healthy, the global economy appears to be headed for a slowdown, with only 34% of the 40 countries we track having leading economic indicators (LEI’s) signalling growth ahead, and the …