Bob Janjuah Explains All That Is Wrong With The Financial System (And Remains Bearish) »

In the latest update from Nomura's Bob Janjuah, the traditionally bearish strategist justified his nickname, and when previewing his exposure to the market, says that "I generally want to be long bonds, especially long US duration, I want generally to…

Jul 1 2016 / Read More »

US Manufacturing ISM Surges To 16-Month Highs (as Construction Spending Crashes) »

US Manufacturing PMI fell back very modestly from its flash reading but rose MoM to 51.3 as Markit warns "producers are struggling in the face of the strong dollar, the energy sector decline and presidential election jitters." But, ISM Manufacturing…

Jul 1 2016 / Read More »

Lending Club's Biggest Fund Slammed With Redemptions For 58% Of Assets, Posts First Ever Negative Month »

We first warned that the Peer-2-Peer lending industry is poised for major trouble in May of 2015, when we predicted that not only…

Jul 1 2016 / Read More »

S&P Slashes US Economic Growth Outlook, Blames Brexit »

Is this even allowed? It appears S&P has joined the cynical, skeptical ranks of fiction-peddlers and has axed its economic outlook…

Jul 1 2016 / Read More »

Police Called To Elementary School After 3rd Grader Makes 'Racist' Comment About A Brownie »

Submitted by Mike Krieger via Liberty Blitzkrieg blog, Before this week, 14-year-old Ella Fishbough had never been in trouble at school.…

Jul 1 2016 / Read More »

Recusal? Loretta Lynch 'Removes' Herself From FBI Probe Of Hillary Emails »

On Monday evening US Attorney General Loretta Lynch conveniently just happened to meet up with Bill Clinton for a private meeting…

Jul 1 2016 / Read More »
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Silver Breaches Key Resistance, Soars To 21-Month Highs Against Gold »

Silver is up over 11% in the last 6 days (the most since Aug 2013) since Britons decided to leave the sinking ship, pushing the white metal above the key $19.50 level - back to its highest since September 2014. Gold has been in great demand also, heading for its 5th straight…

Jul 1 2016 / Read More »

Austrian Court Orders Rerun Of Presidential Election After Finding "Widespread" Voting Fraud »

In yet another slap in the face for an already reeling Europe, moments ago Austria's Constitutional Court ruled on Friday that the presidential runoff election must be held again, handing the Freedom Party's narrowly defeated candidate another chance to become the first right-wing…

Jul 1 2016 / Read More »

St Louis Fed: Enter the Regime »

Philippa Dunne is one of the editors of The Liscio Report, an independent research newsletter focusing on the U.S. labor market, debt issues, and international flows. Their work includes month-by-month…

Jul 1 2016 / Read More »
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Explaining Social Anger, Brexit, Donald Trump In One Chart

Submitted by Michael Shedlock via, Voters are angry. Donald Trump, Marine Le Pen, Nigel Farage, UKIP, and the AfD party in Germany have all been accused of stirring up anger and hatred. But…

Jul 1 2016 / Read More »

Opening Bell: 7.1.16

Hershey rejects Mondelez; Apple in talks with Tidal; Currency funds continue 3-year losing streak; Police break down door to rescue inflatable sex doll; and more.

Jul 1 2016 / Read More »
How the U.S. is headed for a complete societal collapse! The most important film of all time!

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