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Tuesday, November 19, 2019

Ben Carson Warns: Political Correctness Will Destroy The U.S.

Authored by Mac Slavo via SHTFplan.com, Housing and Urban Development Secretary Ben Carson took aim at “political correctness” in a warning to Americans at a contentious committee hearing. Carson is cautioning against the impulse to control speech and expression saying that it would “destroy” the country. During Tuesday’s House Financial Services hearing, a leftist and…

Dot Com Redux: BofA Warns Firms Go Dark, Stop Issuing Guidance Amid “Rampant Uncertainty”

This week marks the official start to the 3Q19 earnings season. Major equity indexes are 1% from all-time highs, and Wall Street has never been so optimistic about the future. But in a new report from BofA, the "green shoots" economic narrative is starting to crack and could leave investors with disappointment, sort of like…

J.P.Morgan Warns About The “State” Of The American Consumer

Authored by Mac Slavo via SHTFplan.com, J.P. Morgan has taken to issuing warnings over the mental state and overall health of the American consumer’s habits. As a nation, we are deeply indebted to consumerism and that’s what is currently keeping the fragile economy afloat. With the manufacturing industry already officially in a recession, the Institute of…

Mnuchin Warns Of New Turkey Sanctions, Says Stay Tuned For China Trade Deal

Update: After President Trump publicly vacillated over his decision to turn over Northeastern Syria to Turkey, which has already started slaughtering Kurds despite Trump's insistence that Turkey not do that (even though they weren't there fighting beside the US on the beaches of Normandy), During an impromptu press conference Friday afternoon, Treasury Secretary Steve Mnuchin…

NYSE Head Warns: Delisting Chinese Firms Would Drive Business Elsewhere

We saw a mix of headlines last week that indicated the Trump administration was reviewing investment limits for China. Bloomberg first reported on Sept. 27 that Trump wanted to delist Chinese companies from US stock exchanges. Then by Sep. 29, the White House denied the story.  The uncertainty triggered the head of the New York Stock Exchange…

Jim Kunstler Warns “Civil War On!”

Authored by James Howard Kunstler via Kunstler.com, Someone in Impeachmentville is not paying attention. Of course, diverting the rubes is exactly the point of the latest CIA operation to negate the 2016 election. Has nobody noticed that there is treaty between Ukraine and the USA, signed at Kiev in 1998 and ratified by the US…

Goldman Warns ‘Quant Quake’ Marks The End Of Momentum Rally, Not A Buying Opportunity

In the wake of the sharpest Momentum reversal in a decade, Goldman Sachs addresses some common investor questions on the equity market rotation and discuss what we expect going forward. Q1: What just happened? In the last two weeks, high momentum stocks have sharply underperformed what had been the equity market’s biggest laggards. Our Momentum…

Trader Warns “No Amount Of Jawboning Will Stop This”

Authored by Richard Breslow via Bloomberg, If you did a word cloud search on today’s market stories, you would probably get back, “on poor volumes”. Traders have, very understandably, hunkered down to wait for Jackson Hole, the G-7 and Labor Day. Although, as far as the last of those items is concerned, it remains to…

CIA Whistleblower Warns, The Fed “Is Out To Get President Trump”

Via Greg Hunter’s USAWatchdog.com, Former CIA Officer and whistleblower Kevin Shipp thinks the Fed rate-hikes throughout Trump’s two and a half years in office are a way to “get the President.” Trump has been highly critical of the Fed, and he says it is to blame if the economy tanks. Shipp explains, “God bless Donald Trump…

Trump Warns “Be Calm And Safe”, Confirms China “Moving Troops To HK Border”

Update (1325ET): While we have seen numerous clips on social media of troop build-ups over the past few days, President Trump has just tweeted confirmation: Our Intelligence has informed us that the Chinese Government is moving troops to the Border with Hong Kong. Everyone should be calm and safe! — Donald J. Trump (@realDonaldTrump) August…
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