Don’t be scared, the UST10Y could be primed >3% This chart says American’s feel great having less savings. This will not end well.. h/t @StockBoardAsset DB's Torsten Slok points out that U.S. debt has a lower average maturity than most …
As galactic cosmic rays increase in Earth’s atmosphere we are beginning to see record sized hail, intense sun halos across the globe which used to be a rare event. Now winter temperatures are responsible for fisheries collapses of white shrimp …
by stockboardasset Millennials are on a crash course with the grim reaper. This generation is apparently the smartest generation to ever roam planet earth, however, they can hardly manage their health. Something is amiss here… It turns out, millennials are set …
Seal hunts on East Coast of Canada brought back ZERO seals afetr two attempts, sea ice too thick, yet NSIDC shows low sea ice coverage there. Over in the Bering Straight, whale hunts begin, which usually are held in Autumn. …
From The Guardian: It is dark in the workshop, but what light there is streams in patches through the windows. Cobwebs coat the wrenches, the cans of spray paint and the rungs of an old wooden chair where Matt Peters used …
Is it possible for people to continue to go further into debt? If so, by how much? If people go further into debt, is there a point at which it will snap? Or is the amount of debt “manageable”? There …
Do you see the constant manipulation on all levels, pushing markets higher? It gives the average investor the sense that everything is fine. Tricks the computer algorithms also. This is a big mistake. As a major corporation, what …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A very crowded trade goes begging for a contrarian reaction. The 10-year Treasury yield closed on Monday at 2.86% the highest since January 16, 2014, after briefly kissing 2.89% during the day. At the moment, it …
by Dave One fun aspect of driverless cars is that they must have sensors that can pretty much see everything around them. A secondary aspect of that is that, to figure out what went wrong (in the event something bad …
How will a system so indebted ever dig itself out of this mess? The millennial generation and younger are on average massively indebted and many haven’t even found a permanent job or still in school. Overburdened by debt. The system …
Aftershocks continue to shake Taiwan with a cold surge advisory. The quakes seem to be related to an unnamed volcano that erupted during the Dalton Minimum 13 miles off shore and directly at the area of the 6.4 damaging quake …
Australia just experienced its coldest temperatures ever recorded in Brisbane, but tthe media will tell you that its the warmest temperatures ever across the entire continent. Looking into the Australian Bureau of Meteorolgy’s own data its shows that is far …
Winter Wheat crop destroyed in USA & Canada early January, riots in French supermarkets over Nutella, record cold about to sweep through the USA and Canada again this season. Snows in Morocco desert not seen in 30 years, record heat …
Elite heading to Davos for the World Economic Forum have been hampered by record snow blanketing the area from Zermatt to Davos. Although CO2 is supposed to cause global warming they have flown in thousands of private jets and private …
https://www.zerohedge.com/news/2018-01-27/it-just-gets-worse-and-worse-record-32-used-car-trade-ins-are-underwater
(CNSNews.com) – Federal spending for the fourth Monday in January set a record of $16,596,000,000 for that day in January even though the federal government was shut down, according to the Daily Treasury Statement. The House of Representatives did not pass …
by stockboardasset Across the 31-Mexican states, there were 29,168 homicides in 2017, the federal government published in a brand new report on Sunday, making last year the most murderous year on record. The latest homicide data from the interior ministry is …
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 Robert Carbery The retail apocalypse has hit the banking sector as physically going into a bank becomes less and less necessary in this age of rapid technological change and retail disruption. Wells Fargo closed 194 net branch locations …
Deadline Passes, Triggering Shutdown; Senate Rejects Short-Term Spending Bill Both chambers were expected to be in session Saturday, continuing discussions over how to resolve underlying disputes WASHINGTON—The Senate rejected a one-month spending bill early Saturday, triggering the shutdown of many …
“17 Jan 2018 – Bitter cold across Texas brought a new winter record for peak electricity use, ERCOT, the state’s independent electric grid operator announced Wednesday morning.” At one point, Texans were using 65,731 megawatts, blowing past the previous record …
I will say for the thousandth time, the stock market can continue to rise as long as central banks print money and keep interest rates historically low. Based on all the data you have seen at The Money GPS as …
Do you think debt is ONE of the reasons why interest rates remain low for all these years, despite the constant propaganda that the economy is doing well? Global debt has been rising. Is that a surprise to anyone? There …
by Anthony B Sanders (Bloomberg) Global debt rose to a record $233 trillion in the third quarter of 2017, more than $16 trillion higher from end-2016, according to an analysis by the Institute of International Finance. Private non-financial sector debt hit all-time highs …
https://www.youtube.com/watch?v=v8NWfZKVlVM V. Saxena for the Conservative Tribune reports, Impressive gains in domestic manufacturing during the final three months of 2017 led to U.S. manufacturing performing at a level not seen since 2004, the Institute for Supply Management revealed this week. …
Via Progressives for Immigration Reform A new report that drew from Census Bureau and Department of Homeland Security data found that in 2016’s first six months, 1.03 million legal and illegal immigrants arrived in the United States. The Washington, D.C.-based, …
from CNBC: It was referring to total debt incurred by the household, government, financial and non-financial corporate sectors. However, China which has accounted for the lion’s share of new debt in emerging markets, saw the pace of debt accumulation slow; …
by GoldCore – Palladium prices surge to new record high over $1,100/oz today – Palladium surges past record nominal price seen in 2001 after 55% surge in 2017 – Best-performing precious metal and commodity of 2017 is palladium – Palladium …
Baltimore has set a new per-capita homicide record as gunmen killed for drugs, cash, payback – or no apparent reason at all. A surge of homicides in the starkly divided city resulted in 343 killings in 2017, bringing the annual …
by Dana Lyons Based on cumulative losses, stocks endured less adversity in 2017 than any other year on record, going back more than 100 years. Yesterday, we pointed out that, based on the record low level of the S&P 500 …