Friday, July 29, 2016

Bill Gross Slams "Clueless Fed" Over 1.2% Growth In 12 Months...


Will Americans Let Crime Pay? “Helen Keller Syndrome”

by Dave Kranzler, Investment Research Dynamics:
Everyday more evidence piles up against Hillary Clinton for illegal use of a personal Blackberry, personal computers and a computer server in her basement in Rye, NY to conduct official U.S. Government State Department business. Business that should have been conducted using only super-secured State Department cellphones, computers and servers.
But of course, the director of the fbi, James Comey – long-time Clinton ally and a board Untitledmember of Hillary’s personal slush fund the Clinton Foundation, has given Hillary a get out of jail free card on that.
And now it’s revealed that Hillary and her gang at the DNC violated all kinds of laws and Democratic Party principles in order to rig the primaries. Of course, Hillary has decided to deflect the truth by blaming the Russians for sabotaging her campaign by exposing the truth. Of course that’s nonsense but does it really matter who exposes a crime as long as it’s exposed? Isn’t the idea to impose Rule Of Law and justice on those who break the law?
Read More

GDP Shocker: US Economy Grew Only 1.2% In Second Quarter; Q1 Revised To 0.8%

With Wall Street expecting the US economy to grow 2.6% in the second quarter, there were many shocked faces moments ago when the Census Bureau reported that not only did the US economy grow a paltry 1.2% in the quarter, but Q1 GDP was slased from an already poor 1.1% to just 0.8%.

Trump Unloads On Hillary Speech Attacking His "Dark" Vision For America

Donald Trump unloaded on Hilary Clinton with a rapid-fire string of tweets moments after her Convention speech, which emphasized unity and optimism and attacked his dark vision for America.

And Now: The "Closest, Nastiest, Most Unpredictable" Campaign You Can Imagine

America’s about to endure the closest, nastiest, most unpredictable presidential election in more than three decades. Not since Jimmy Carter and Ronald Reagan ran against each other in 1980 has the choice been so stark, the warnings from each candidate about the other so dire, the likely outcome so murky. As this year’s political conventions end, there’s no clear favorite. But watch the polls next week. The leader in the first polls conducted entirely after the convention ends has won the White House every time since 1948.

Doug Casey: With Some Luck, Trump Will Destroy the Republican Party

by Doug Casey, Casey Research:
We have something special to share with you over the next couple days. Instead of our usual market commentary, we’re featuring a recent interview between Nick Giambruno, editor of Crisis Investing, and Casey Research founder Doug Casey. Today, in part one of the interview, Doug tells Nick why he thinks Donald Trump will destroy the Republican Party…and why that’s a good thing.
Tomorrow, Doug tells us what could happen if Hillary Clinton wins. As usual, Doug doesn’t hold back and ignores any notion of political correctness. Enjoy…
Nick Giambruno: There is a popular conception that only the “best and brightest” go into government. I think this is a sacred cow that needs to be slaughtered. What’s your take, Doug?
Doug Casey: It’s a real problem when a pernicious myth subverts reality. Everybody believes that the institution of government is like Camelot—a wise ruler assisted by noble paladins. Maybe that meme gained traction in recent times with John Kennedy and his good-looking wife, Jackie. They looked like an ideal couple. They weren’t. But they were a lot better than what followed for the next 50 years…
Read More

Charting The Difference Between The Original And Revised GDP

While the 1.2% Q2 GDP print was so bad that it sent both oil and stocks higher, now that bad news is again good news as it means no Fed rate hikes for the foreseeable future, a key reason for the weakness was the adjustment of historical data as part of the BEA's annual data revision. The full summary is shown in the chart below.

Bye Bye Middle Class: The Rate Of Homeownership In The United States Has Hit The Lowest Level Ever

by Michael Snyder, The Economic Collapse Blog:
The percentage of Americans that own a home has fallen to the lowest level ever recorded. During the second quarter of 2016, the non-seasonally adjusted homeownership rate fell to just 62.9 percent, which was exactly where it was at when the U.S. Census began publishing this measurement back in 1965. This is not what a “recovery” looks like. All throughout the Obama years, the percentage of Americans that own a home has gotten smaller and smaller and smaller. The reason for this, of course, is that the middle class in America is dying. Last year, we learned that middle class Americans now make up a minority of the population for the first time ever. In order to have a high rate of homeownership, you need a thriving middle class, and you can’t have a thriving middle class without good paying middle class jobs. This is why I write about the evisceration of the middle class so extensively, because the U.S. economy is systematically being hollowed out and most Americans don’t understand what is happening.
Read More

Earnings Down, Housing Declining & Retail Contracting, This Is The Collapsing Economy- Episode 1034a

from X22Report:

Initial Jobless claims inch up a little fighting the manipulation. Corporate earnings are declining. Ford doesn’t see sales getting better in 2017. Cash purchases in the real estate market is starting to dry up, mortgage apps down, the bubble is popping. US homeownership declines and we are now at 1965 levels. Trade deficit widens the US is now importing more than exporting. Baltic Dry Index declines further. Atlanta Fed revises GDP even lower.

USDJPY Plunges Back To Post-BoJ Lows, Gold Jumps After GDP

After the illiquid chaos of the last 24 hours, USDJPY is now pressing lower (Yen stronger) once again (under 103) after the gravely disappointing GDP data. Gold, and silver, are jumping higher and bond yields tumbling...

Why Social Fragmentation Suits The Powers That Be

The Elites have successfully revolted against the political and economic constraints on their wealth and power, and now the unprivileged, unprotected non-Elites are rebelling in the only way left open to them: voting for anyone who claims to be outside the privileged Elites that dominate our society and economy.

ExxonMobil Tumbles To 2-Month Lows After Earnings Miss Worst Analyst Expectation

But, but, but the dividend yield, the oil recovery? ExxonMobil is down almost 3% in the pre-market to 2-month lows as it misses earnings expectations drastically (+41c vs 64c exp.. below the lowest expectation of +55c). Production levels also missed expectations as it appears the oil glut has trickled down to motor fuels, dragging refinery margins notably lower.

Is The BOJ About To Overhaul Its Entire QE Program: Wall Street's Take On The "Comprehensive Assessment" Clause

"Some might interpret the phrase "comprehensive assessment" as a signal that further monetary easing could be forthcoming in September, while others may envisage the commencement of an overhaul of the current monetary policy framework."

IMF Studies Sovereign Debt Restructurings, Admits Its Policy Was Responsible For Greek Depression

In a paper published this month, the IMF seeks to study the relationship between GDP and sovereign debt restructuring using data from 1970-2010. Its main conclusion may be shocking: “the central finding of this paper is that sovereign debt restructurings with external private creditors can affect per capita GDP growth performance in the years after debt restructuring.“ And these are the people in charge of advising nations on managing their economy…

Despite Huge BOJ Disappointment, Global Stocks Rise, US Equity Futures Flat As Yen Soars

European stocks and Asian shares rose, U.S. equity futures were unchanged and the yen surged after the BOJ shocked markets and kept its QE program unchanged, defying market expectations of a big boost to its monetary stimulus program.

Exposing Hillbama's Big Lie: The Central Issue In The U.S. Presidential Campaign

Obama’s ‘mono-polar world’ is a fiction, and the sooner that he and his Big Lie can be exposed (by the Western press, to the Western publics), the safer everyone will be. Discomforts on the parts of those who have promulgated and propagandized that lie will be vastly less than the disastrous alternative, which would destroy the world for everyone.

Turkey Creates "Traitors' Cemetery" For Dead Coup-Plotters

"They shouldn't be placed near our dogs, they shouldn't be anywhere in Turkey... They should be cremated and their ashes tossed into the ocean. There shouldn't be a trace of them anywhere in the country."

Russia And China Will Hold Joint Naval Drills In Contested South China Sea

China and Russia will hold "routine" naval exercises in the South China Sea in September, China's Defence Ministry said on Thursday, adding that the drills were aimed at strengthening their cooperation. "This is a routine exercise between the two armed forces, aimed at strengthening the developing China-Russia strategic cooperative partnership," China's defense ministry said. It then added "The exercise is not directed against third parties", while trying to hold back laughter.

The Power Of "Nyet" - How One Word Staggered Imperial Washington

The way things are supposed to work on this planet is like this: in the United States, the power structures (public and private) decide what they want the rest of the world to do.  If cooperation is not immediately forthcoming, they apply political, financial and economic pressure. If that still doesn’t produce the intended effect, they attempt regime change through a color revolution or a military coup, or organize and finance an insurgency leading to terrorist attacks and civil war in the recalcitrant nation. If that still doesn’t work, they bomb the country back to the stone age. This is the way it worked in the 1990s and the 2000s, but as of late a new dynamic has emerged.

Bank Of Japan Shocks Market, Shuns Government Pressure: Leaves QE, Rates Unchanged, Questions Policy Effectiveness

"What’s certain is that Kuroda has to do something extreme or unthinkable if he wants to surprise..." ... Simply put, he disappointed; and Japanese stocks (down 500), bonds (down most since 2013), and USDJPY are all tumbling as Gold jumps.

There Is Now A Marketplace For White People To Make Reparations Payments

A new website, launched last week, establishes a marketplace whereby white people can pay reparations to "people of color" for their years of oppression...

Did The DNC Hire Actors (At Below Minimum Wage) To Work At The Convention?

Seat fillers?

Pokemon 'No': Nintendo Suffers Worst Week In 27 Years

After admitting to investors last Friday (after the close) that they won't be able to rely on Pokemon Go to bolster profits, the company came clean this week that a widely anticipated accessory for the blockbuster app will be delayed until September. The effect is simple - Nintendo shares are down 27% this week - the worst week since Aug 1989 (when the exuberance over Super Famicom died). Thanks to this double Pokemon "no," Nintendo has lost over $14 billion of market capitalization in the last week.

USDJPY Plunges Again

Japanese 'markets' are total disaster tonight...



Thanks to Wikileaks, we now have smoking gun proof that the corrupt Democratic National Committee and the corrupt mockingbird mainstream media have been colluding to prop up Rothschild’s pick for U.S. President, ultra-corrupt Hillary “I really do belong in prison” Clinton. Never before have the crimes of the establishment been so clear for all to see, even some Liberal Democrats are finally waking up!  If you care to really understand how deep the Clinton crime family corruption runs, be sure to watch CLINTON CASH – and then share it with others.
And against the backdrop of our crumbling banana Republic, the global economic Ponzi continues to deteriorate at an alarming pace.  Jason Burack from is back to help us dissect all of the latest.

Is Europe Doomed By Vassalage To Washington? — Paul Craig Roberts

by Paul Craig Roberts, Paul Craig Roberts:
“One Ring to rule them all . . . and in the darkness bind them.”
J.R.R. Tolkien, The Lord of the Rings
World War II resulted in Europe being conquered, not by Berlin but by Washington.
The conquest was certain but not all at once. Washington’s conquest of Europe resulted from the Marshall Plan, from fears of Stalin’s Red Army that caused Europe to rely on Washington’s protection and to subordinate Europe’s militaries to Washington in NATO, from the replacement of the British pound as world reserve currency with the US dollar, and from the long process of the subordination of the sovereignty of individual European countries to the European Union, a CIA initiative implemented by Washington in order to control all of Europe by controlling only one unaccountable government.
With few exceptions, principally the UK, membership in the EU also meant loss of financial independence. As only the European Central Bank, an EU institution, can create euros, those countries so foolish as to accept the euro as their currency no longer have the power to create their own money in order to finance budget deficits.
Read More


from Harvey Organ:
For the July gold contract month, we had 0 notices served upon for nil ounces. The total number of notices filed so far for delivery: 6897 for 689,700 oz or 21.452 tonnes
In silver we had 112 notices served upon for 560,000 oz. The total number of notices filed so far this month for delivery: 2471 for 12,355,000 oz
Read More @

Putin Orders Release of All Hillary E-mails In Final Bid To Expose Clinton Corruption, Prevent Her Presidency And Stop WW3

from ufoswlg:

A sensational report circulating in the Kremlin today says that President Putin has ended the…

Democrats ‘Walked Right into the Trap’ Donald Trump Baited with Hillary Clinton’s Email

by John Hayward, Breitbart:
Political strategist Pat Caddell, a veteran of numerous Democratic campaigns, talked to Breitbart News Daily Thursday about President Obama’s speech at the Democratic National Convention.
When SiriusXM host Stephen K. Bannon laughed at the portion of Obama’s speech where he talked about “carrying” Hillary Clinton to victory, Caddell deadpanned, “It’s almost the attitude that somebody has to. I thought that was the theme last night: We must all carry her.”
“The problem is, I don’t know if the Hillary Clinton they’re creating, and talking about, resonates at all with what people really think of her,” he said.
Read More…

Democrats ‘Walked Right into the Trap’ Donald Trump Baited with Hillary Clinton’s Email

by John Hayward, Breitbart:
Political strategist Pat Caddell, a veteran of numerous Democratic campaigns, talked to Breitbart News Daily Thursday about President Obama’s speech at the Democratic National Convention.
When SiriusXM host Stephen K. Bannon laughed at the portion of Obama’s speech where he talked about “carrying” Hillary Clinton to victory, Caddell deadpanned, “It’s almost the attitude that somebody has to. I thought that was the theme last night: We must all carry her.”
“The problem is, I don’t know if the Hillary Clinton they’re creating, and talking about, resonates at all with what people really think of her,” he said.
Read More…


No comments:

Post a Comment