US Real Estate Stocks Plunge To 7 Month Lows As Rate Hike Odds Soar
"Recession Risk Is Rising" Fast, Deutsche Bank Warns "Outlook Remains Fragile"
Small Stocks Threaten Breakdown – Can They Hang On?
Putin Asks: "Is America Now A Banana Republic"
Bond Rout Sends Dow, S&P Into Red As USD Jumps
RBC: "That Is VaR Crushing DV01 Destruction At Its Finest"
Pending Home Sales Growth Disappoints As Post-Summer Slump Accelerates
Ugly! "Failure Almost Guaranteed" Regardless Of Who Wins The Election
US Stocks & Bonds Are Tumbling
Oil Spikes On OPEC Cut Headline (Misses Russian Refusal Headline)
Thursday Humor: Jobless 'Claims'
Core Durable Goods Orders Extend Longest Non-Recessionary Streak In US History As Business Spending Plunges
The only reason this piece of crap will say he's voting for Trump, is so he's not thrown out of office...Don't let him kid you...he's a self serving tool... that wants to stay in office...
Top Republican Congressman Says He'll Vote For Trump Weeks After Dropping His Support
Qualcomm Buys NXP For $47 Billion: Biggest Semiconductor Deal Ever
Leaked Memo Exposes Shady Dealings Between Clinton Foundation Donors And Bill's "For-Profit" Activities
Twitter in the Shitter...
Twitter Beats On Revenue And EPS, Cuts 9% Of Workforce As Part Of Business Restructuring
Belgium can't even govern itself...
Stalled EU-Canada Trade Deal Gets Greenlight Following Belgium Approval
Prepare For The Pirates: Direct Democracy Driven Political Party May Gain Power In Iceland
Buy... And Hold On! The Chart That Your Wealth Manager Does Not Want You To See
Germany's Migrant Rape Crisis: Where Is The Public Outrage?
Merkel Accuses Facebook, Google Of "Distorting Perception", Wants Access To Algorithms
Paul Craig Roberts: "Putin's Nukes Could Wipe Out Entire American East Coast" In Minutes
The Dark Agenda Behind Globalism And Open Borders
Take it out in Gold and Silver...
As the world now knows, British bank NatWest, part of the Royal Bank of Scotland group, has told Russian media outlet RT that it should take its business elsewhere. Initially it was reported that the bank had “frozen” RT’s accounts, meaning it had impounded the money, but it now says that the accounts have merely been closed, meaning that RT can withdraw its money – provided it then takes it to another bank.
NatWest, and the rest of the Royal Bank of Scotland group, are effectively owned by the British government, which acquired the majority share in 2008 to prevent it collapsing. As RT is also state-owned, it has been inferred that this is another form of sanction. British Foreign Secretary Boris Johnson denies this, but he also denies several of his chidren, several parts of his ancestry and practically everything else he has ever written or been recorded saying.
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by John Browne, Euro Pacific Capital:
For much of the second half of the 20th Century, and even into the new millennium, “Globalization” was the dominant theme used to describe the drift of the world economy. It was widely considered both natural and inevitable that the world economy would continue to integrate and that national boundaries would become less constraining to commerce and culture. And with the exception of the eternal “anti-globalization” protesters, who robotically appeared at large gatherings of world leaders, the benefits of globalization were widely lauded by politicians, corporate leaders and rank and file citizens alike. But a casual glance at the world headlines of 2016 suggests that the belief in globalization has crested, and is now in retreat. What are the consequences of this change?
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For much of the second half of the 20th Century, and even into the new millennium, “Globalization” was the dominant theme used to describe the drift of the world economy. It was widely considered both natural and inevitable that the world economy would continue to integrate and that national boundaries would become less constraining to commerce and culture. And with the exception of the eternal “anti-globalization” protesters, who robotically appeared at large gatherings of world leaders, the benefits of globalization were widely lauded by politicians, corporate leaders and rank and file citizens alike. But a casual glance at the world headlines of 2016 suggests that the belief in globalization has crested, and is now in retreat. What are the consequences of this change?
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by David Stockman, DailyReckoning:
Between 1870 and 1913, the real GDP of the United States — as best they can estimate it — rose from $20 billion to $131 billion (1958$).
That gain of 4.3% per annumcompounded over 43 years is the highest real GDP growth on record for a continuous equivalent period of time. But here’s the wonder of it…
During that golden age of growth and prosperity, the U.S. had no central bank and not even one episode of fiscal stimulus!
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Between 1870 and 1913, the real GDP of the United States — as best they can estimate it — rose from $20 billion to $131 billion (1958$).
That gain of 4.3% per annumcompounded over 43 years is the highest real GDP growth on record for a continuous equivalent period of time. But here’s the wonder of it…
During that golden age of growth and prosperity, the U.S. had no central bank and not even one episode of fiscal stimulus!
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from FinanceAndLiberty:
by Martin Armstrong, Armstrong Economics:
The Wall Street Journal broke the story on Sunday night about the connections surfacing between the Democrats and Jill Mcabe’s run for the Senate who is the wife of one of the top FBI investigators into the Hillary emails. According to the Journal, the finance records show Virginia Gov. Terry McAuliffe’s PAC gave $467,500 to Jill McCabe’s 2015 state Senate campaign. Then the Virginia Democratic Party itself spent an additional $207,788 on her campaign. McCabe, who ended up losing to the Republican incumbent, is married to Andrew McCabe, the FBI’s deputy director.
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The Wall Street Journal broke the story on Sunday night about the connections surfacing between the Democrats and Jill Mcabe’s run for the Senate who is the wife of one of the top FBI investigators into the Hillary emails. According to the Journal, the finance records show Virginia Gov. Terry McAuliffe’s PAC gave $467,500 to Jill McCabe’s 2015 state Senate campaign. Then the Virginia Democratic Party itself spent an additional $207,788 on her campaign. McCabe, who ended up losing to the Republican incumbent, is married to Andrew McCabe, the FBI’s deputy director.
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from The Money GPS:
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