Spreading the truth. Empowering the people.
by Steve St Angelo of SRSrocco Report Has U.S. shale oil production stalled? Well, it seems so. After experiencing significant growth in 2017 and 2018, U.S. shale production in the first five months … Read more
Large June rise in private sector liquidity may reduce odds or delay necessary US #QE4. Not the backdrop for a weak USD. And China’s #PBoC already easing again. World economy … Read more
from Mining Stock Education In this interview, Sam Broom, Investment Executive with Sprott Global, shares his current outlook on the resource sector. Because Sam spent his early career as an engineering … Read more
by Lance Roberts Factory new orders are down year-over-year and barely afloat excluding transportation. Inventories are a concern. The monthly report on Manufacturers’ Shipments, Inventories and Orders, shows strong signs of … Read more
Most job vacancies in the Public Sector as Boomers retire (Link to article below) www.cbc.ca/news/business/job-…
via @chigrl: Cumulative buying/selling of US equities, % Market Cap $ES_F $SPX
www.reuters.com/article/us-huawei-tech-usa-chipmakers-broadcom/broadcoms-2-billion-warning-rattles-global-chip-sector-idUSKCN1TF0O1 Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would … Read more
via Zerohedge: A leading Australian business survey has concluded that the continent’s retail sector is “clearly in recession”. New data from NAB shows Australia’s “Index of Business Conditions” falling by 2 points in May, putting … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The “yeah but” shows up again. The services sector, which accounts for about 70% of the US economy – the biggest segments being finance and insurance, … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Finance & Insurance, Which Dominates the US Economy, Has Blistering Q1. Huge Services Sector Not Yet Hit by Slowdown in Goods. Revenues in private-sector services in … Read more
By Robert Ross For about a week last month, the yield curve inverted for the first time since July 2006. Prior to that, this happened in July 2000 and April … Read more
Noam Chomsky talking about trump-russia collusion. I love this dude. He is still as articulate as ever at 90. Some of you may believe Chomsky is a gate keeper, but … Read more
by Shaun Richards Some days events almost write an update for me and so without further ado let me hand you over to a letter from the President of the … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter There cannot be a recession without a pullback in services. Revenues in the major private-sector services categories rose 6.3% in Q4 2018, compared to the same … Read more
With seemingly everything except precious metals in a bubble, it can be quite hard to keep your eye on the ball. Join Mike Maloney as he uncovers what could potentially … Read more
by: Stefan Gleason The $22 trillion official national debt is a much discussed problem, even as politicians exhibit zero motivation to do anything about it. But as big an economic overhang … Read more