Via The Babylon Bee U.S.—A sense of dread, terror, and certain doom overcame the nation Friday as Americans suddenly realized that Alexandria Ocasio-Cortez will probably win the presidency once she’s eligible in 2024. “Oh—oh no,” one man said while driving …
Image Summary: Doctor Jesse Kelly Verified account @JesseKellyDC This senate that can’t repeal Obamacare, defund Planned Parenthood, or pass a budget. But God help you if you want to bring our boys home. They’ll lock shields and fight like lions …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “What we witnessed in November and December was just extraordinary.” “I’ve been a manager for almost half a century, but this is the first time I’ve seen such a large single-month drop in orders for us,” …
via kitco: “Bankruptcy happens gradually, then suddenly,” Ernest Hemingway All signs point in the same direction. We are heading toward another financial crisis and, this time, it will likely be much worse than 2008. There is a growing chorus of economists …
From Bloomberg: For the first time in more than a decade, palladium is rivaling gold in value. A key component in pollution-control devices for cars and trucks, the metal’s price has surged as much as 50% in about four months, making …
Ted Lieu Verified account @tedlieu For any liberals who now suddenly agree with war hawks about using force in Syria, here are some questions: -What is the desired end state in Syria? -Who are we supporting? -How does a …
from Zero Hedge Earlier this morning, Nomura’s Charlie McElligott noted something which in retrospect was quite prophetic: the cross-asset strategist highlighted that his Risk Parity model showed that the market’s most important strategy is in “de-risking” mode as the economic cycle turns sharply: …
via Rob Isbitts I have been tracking the parallels between 2018’s S&P 500 price movement and that of 1987 since early this summer. I keep trying to ignore it, but to quote that famous Seinfeld scene with a painting called “The Kramer”… “He …
https://www.youtube.com/watch?v=6QwYI6hkkho Hank Berrien for the Daily Wire reports, A new Star Tribune/MPR News Minnesota Poll found that Republican State Sen. Karin Housley is making her battle against Sen. Tina Smith, the Democratic incumbent, into a real horse race, as she …
Google and Mastercard have a secret agreement to share purchases with each other. Google boasts with clients that it has access to 70% of the debit and credit cards being used. via theculturechronicles: Many users on Reddit and other social media …
by John Ward The new mood in Italy following the collapse of the Mirandi Bridge has put the European Commission on the spot, made the Rome coalition more aggressively expanionist, and once again put the single currency’s survival in doubt. Rates …
via marketwatch: So far this year, the 30-year-fixed has averaged 4.43% Rates for home loans surged along with the broader fixed-income market, pressuring mortgage affordability again even as housing market growth falters. The 30-year fixed-rate mortgage averaged 4.60% in the August …
Bad habits die hard. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. So it is that banks in Spain are once again beginning to significantly relax their lending standards. This includes the resurrection of the 100% mortgage, a high-risk instrument …
by John Ward Lying was a central feature on all sides of the 2016 EU Referendum in Britain. Lying has played a central part in every General Election there since the Second World War. There will, very probably, be no Brexit …
by John Rubino Housing bubbles proceed in fairly predictable stages. Stage One is long and (initially) slow, fueled by excess central bank money creation or foreign demand or some other source of liquidity that encourages large numbers of people to …
https://www.youtube.com/watch?v=Sxvx_C4m0SQ Alex Jones talks about the dangers of smartphones and how they’re reprogramming kids minds to be dependent on them.
by Michael Snyder All of a sudden, the mainstream media is starting to sound a lot like The Economic Collapse Blog. Throughout the Obama years, the mainstream media in the United States always seemed extremely hesitant to suggest that difficult economic times …
by Daisy Luther, The Organic Prepper The economic collapse of Argentina in 2001 is the stuff of prepper legends. For years, it was the example that we pointed to when trying to convince others that, yes, it really can happen. …
Twitchy: As “RBPundit” tweeted today, “Marjorie Stoneman-Douglas students should not have their right to an opaque backpack (let’s call them ‘Assault-style backpacks’) infringed because of one crazed individual.” But then, a century ago, during the heyday of early “Progressive” Woodrow Wilson, Mencken warned that …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Fed’s monetary policy shift is finally taking hold. It just took a while. The weekly St. Louis Fed Financial Stress index, released today, just spiked beautifully. It had been at historic lows back in November, an …
https://www.bloomberg.com/news/videos/2018-02-07/a-crash-course-on-the-rise-and-fall-of-the-hottest-trade-video Before whirlwind, banks turned volatility into the hot item VIX was seen as sure thing — until it suddenly wasn’t anymore https://www.bloomberg.com/news/articles/2018-02-06/volatility-inc-inside-wall-street-s-8-billion-vix-time-bomb?utm_medium=email&utm_source=newsletter&utm_term=180207&utm_campaign=ritholtz L O L $VIX pic.twitter.com/QQXjX3bd1i — Alastair (@StockBoardAsset) February 7, 2018 h/t @Schuldensuehner
Weak-Dollar outflows? Trade Wars? Or Pension-fund outflows? Take your pick, but stocks are getting slammed… The weakness seemed to start around Wilbur Ross’ comments on China’s “Direct Threat” but has extended as Pension flow concerns rise… https://www.zerohedge.com/news/2018-01-24/stocks-are-suddenly-tanking
by John Rubino For the past few years the “strong dollar” has been so central to the global financial story – enabling ever-lower interest rates and ever-higher financial asset prices pretty much everywhere – that it’s easy to forget how …
https://www.youtube.com/watch?v=-P40tZONrf8 Hilarious! Jason Chaffetz Marie Barf Harf That Suddenly Loves Conservative As Long As They Are Jeff Sessions Or Any Other Deep State Turd 1 / 4 / 2017
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But rents tank in the most expensive metros. Even Seattle cools off, awash in new supply. In New York City, the second most expensive major rental market in the US, the median asking rent for one-bedroom …
by psy_raven By now, everyone has seen the eye-popping NY Times article and the video that came with it. https://www.nytimes.com/2017/12/16/us/politics/pentagon-program-ufo-harry-reid.html Why? Why now? Why is the Pentagon all of a sudden admitting it is spending money on UFO research? Why are there multiple …
by Mark Angelides Apparently, protecting the President of the United States and his family is a massive burden on the government budget, and according to USA Today, it’s because President Trump makes so many trips. But where was this concern …
https://www.youtube.com/watch?v=YiXKBSGHSB0 Some U.S. real estate markets have bounced back strongly since the Great Recession while others have languished. All told, “the recovery is spotty at best.” Now, two new developments are adding risk to the mortgage market. https://www.youtube.com/watch?v=EiFtoy4_uv0 Retail ETF …
by Jim Willie CB Something big is afoot in the Shanghai Gold market. It seems that we are at the door of the RESET finally, with China being betrayed by the USGovt and USFed in concerted collusion. The attempt to …
By Michael Snyder Does the White House know something that the rest of us do not? As the Obama administration draws to a close, the White House has suddenly released a major document that details a multi-pronged strategy for dealing …