The wolves are circling, and members of Congress from both political parties are now openly talking about impeaching President Trump. On Wednesday, speculation of a looming Trump impeachment sent stocks plunging. The Dow was down 372 points, and the S&P 500 and the Nasdaq both experienced their largest declines in eight months. This downturn was […]
Stock Markets Sit Blithely on a Powerful Time Bomb…
No one knows the full magnitude, but it’s huge. How big is margin debt really, and how much of a threat is it to the stock market and to “financial stability,” as central banks like to call their concerns about crashes? Turns out, no one really knows. What we do know: Margin debt, as reported […]
Crazy!: Florida Man Charged With Plotting to Bomb Target…
A Florida man has been charged with plotting to plant bombs in at least 10 Target Corp stores and then profit when the blasts caused the company’s stock price to fall, federal prosecutors have said. Charles Barnett, 48, of Ocala, had asked a law enforcement informant to put the homemade bombs on the shelves of […]
Why the Massive Expansion of “Money” Hasn’t Trickled Down to “The Rest of Us”…
If anyone wonders why this monumental expansion of “money” hasn’t sparked generalized wage inflation maybe one factor is that very little of this new money has trickled down to the bottom 95%. This is why I contend that If We Don’t Change the Way Money Is Created and Distributed, We Change Nothing (December 24, 2015)…
The Stock-Market Rout Just Drove the S&P 500, Dow Below Key Level…Here we go…
After weeks of virtual dormancy, a bona fide stock-market selloff took hold on Wall Street. Both the S&P 500 index SPX, -2.45% and the Dow Jones Industrial Average DJIA, -2.13% plunged below their 50-day moving averages…
Bondmageddon Sparks Crude Carnage & Biggest Stock Slump In 7 Months
Rearranging The Deck Shares——Central Banks Inflating Massive Debt Bubble Even Further…
While Central Banks continue to “rearrange deck chairs” by shuffling bad debt around the globe and fostering continued bailouts of banks and hedge funds, the “ship is still slowly sinking”…
Stocks Gain Traction as Yellen Plays Down Weak Jobs Report…
U.S. stocks are trading higher after paring gains slightly in the wake of comments from Federal Reserve Chairwoman Janet Yellen, who on Monday…
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