Many people are wondering what will cause the next financial crisis. Will it be a bank failure? Could we have an even bigger than Lehman Brothers? If so, no central bank or government has made preparations to deal with such …
There is going to be a reset of this unpayable debt, and financial writer and precious metals expert Bill Holter contends, “It’s going to happen, and I hope for not a very long period of time. I am hoping it’s …
You'll be shocked to learn in this chart that the breaking point in credit markets is right here—> pic.twitter.com/CXsCGOWgHv — Alastair (@StockBoardAsset) November 28, 2018 U.S. junk bond yields reach the highest levels in more than two years. Borrowing costs …
by Tom Luongo The only words that were left out of Theresa May’s announcement of achieving Cabinet approval over her Brexit deal were Mission Accomplished. Theresa May was put in charge of the U.K. to betray Brexit from the beginning. She always …
Shipping rates are crashing again, crude crashed, bitcoin crashed, stocks crashed last month, commodities are in turmoil, etc… Why is all happening in "the greatest economy ever." Could markets be at a turning point? I think that is a high …
by Chris Martenson Shutterstock I admit: I’m a permabear. This is no surprise to those who know and have followed me over the years. But I’m publicly proclaiming my ‘bearishness’ because doing so might open up a needed and long …
By Bob Shanahan The Dow Jones Industrial Average dropped 2.41 percent on Wednesday, falling 608 points. The NASDAQ shed 329 points, a 4.43 percent decline in one day. The S&P 500 suffered a more than 3 percent loss too, losing …
James woods on Twitter: Mob would have to walk 20 miles a day for 100 consecutive days to get to the U.S. #fakeinvasion Pro Tip: If you’re about to trek 3,000 miles through the jungle and desert, make sure you …
Authored by Tom Luongo, In case you haven’t been paying attention, the Republicans are going to remain in control of both the House and the Senate in a couple of weeks. Since their flawless victory over the Democrats in the fight to …
by Michael Snyder If you don’t believe in “coincidences”, what are we supposed to make of this? On Wednesday, the 3rd most powerful hurricane to ever hit the United States made landfall in the Florida panhandle. Entire communities were absolutely shredded …
via ZeroHedge While some believe that it is the level (or stock) of the 10Y yield during a rate rout that determines the resulting revulsion toward equities, while others claim that it it speed of the sell off (the “flow” angle) that …
via @pattidomm The recent move higher in interest rates triggered moves in the stock market that could signal a tipping point for some long-running themes, like favoring growth stocks over value, according to Morgan Stanley. The firm’s chief equity strategist, Mike …
At this point have to say really tired of this US market bs pic.twitter.com/goX8ey6P7r — mcm-ct.com (@mcm_ct) October 2, 2018 The only time we've seen anything close to this many classic top features was the week of March 24, 2000 …
by Martin Armstrong Kavanaugh’s hearing exposed the serious fact that the US Congress has become too polarized to even govern. What has been done to Kavanaugh is a serious disgrace for if the allegations of Ford are true, then she is at …
via John Murphy TEN-YEAR TREASURY YIELD IS AT A CRUCIAL CHART POINT … Treasury bond yields are going through an important test of overhead resistance. Chart 1 shows the 10-Year Treasury yield ($TNX) challenging its May 2018 intra high near 3.11%. After pulling back …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Construction boom, flood of new high-end apartments, not enough demand, rising vacancy rates, and the biggest concessions since the Great Recession. The Seattle metro has enjoyed strong job growth in recent years and soaring housing costs. …
From Kitco: Gold has been trading in a compressed range all week but the yellow metal has a higher chance of breaking out to the upside than downside, said Todd “Bubba” Horwitz of bubbatrading.com. “This compression torments both the bulls and …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Red indicates the moves since the inflection point in June. “Having a legal cannabis grower near your property has a significant negative effect on value due to the odors,” explained Thomas Stone, a real estate broker …
Bitcoin’s price dips lower amid cryptocurrency sell-off from CNBC. via CNBC: Bitcoin nears its lowest level of the year with other major cryptocurrencies ether and XRP falling double digits. The total cryptocurrency market capitalization has dropped by $19 billion in …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The inflection point was in June. This is how inflection points show up at the subcutaneous level in all housing markets. The first obvious sign that something was up, that something wasn’t going the right way, …
by Martin Armstrong Turkey has little hope of coming out of this in one piece. The pretend President-Dictator, Tayyip Erdogan, has come out and denied on Saturday that Turkey is in a currency crisis. Exactly how he can even say that is …
DONALD Trump has a 50 percent approval rating according to a poll which shows that he is even more popular now than he was in 2016 when he won the US election and is more popular than Barack Obama at …
Politically correct effort to rename Austin proves Donald Trump was right. “First they came for the Confederate monuments, but who knows where progressive efforts to erase history will end? It is a ‘short hop from the unthinkable to the mandatory.’” IT’S …
Authored by Mike Shedlock via MishTalk, “The affordability crisis may have reached a breaking point in Portland, San Jose, and Seattle,” said Redfin CEO Buyer Fatigue Redfin notes June Home Prices Rose 5.7% Year Over Year; Smallest Increase Since December 2016. …
by Martin Armstrong The Trump Revolution has clearly now spread to the Democrats. People do not understand that the Trump Revolution isNOT about a particular philosophy. It is about just throwing those in power out. The year 1933 was the same …
Ireland to move its oil reserves out of the UK. Major trouble ahead for the housing market. We are now in stage 2 and once stage 3 hits it is game over. IMF is pushing how trade wars are going …
by John Rubino Economist Peter Bookvar recently analyzed the the anecdotal evidence of capacity constraints piling up in recent industry surveys, including the following: “Business is strong in all regions. Materials are tight. Trucking continues to be a major challenge.” (Chemical Products) …
The property bubbles in Australia and Canada are now popping, this will spread and cause problems in other countries. US manufacturing slumps as orders decline. The US has shipped the majority of manufacturing overseas, it will take time to bring …
Via Fox The West Point graduate, who last year posed in a picture holding a cap that had “Communism will win” written inside, is officially out of the U.S. Army with an other-than-honorable discharge. Spenser Rapone rocked the military community …
