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A popular stock-market ‘black swan’ gauge is at a record

The so-called Skew has reached a record. Should equity investors be anxious? Continue……

Joe Messina – The Coming California Collapse

Our old friend Joe Messina returns… Let’s face it, California is on the skids. Pension debt is out of control. Infrastructure is crumbling. The governor inhabits an alternative Continue……

The Conspiracy Against President Trump: Paul Craig Roberts

March 20, 2017: Listening today to the broadcast of testimony by FBI Director Comey and National Security Agency Director Admiral Michael Rogers before the House Intelligence Committee (an oxymoron) Continue……

First daughter Ivanka Trump gets West Wing office

First daughter Ivanka Trump now has her own West Wing office and will have access to classified information, despite the fact that she is not technically a government employee. Continue……

The German savers who must pay interest to their own bank

Negative interest rates, once reserved just for businesses, are now affecting private individuals directly. One of Germany’s largest banks has decreed that its richest Continue……

President Donald Trump’s approval rating has hit a new low: Gallup

As of Sunday at 1 p.m. ET, Trump’s approval rating has fallen to 37 percent, down from 45 percent one week prior. Continue……

The Fed’s stealthy QE — $267 billion of fresh liquidity injected since mid-January

While the Fed “guided” the markets to its interest rate increase last week, the Fed has simultaneously been expanding its balance sheet – by a lot – by purchasing a…

U.S., China soften tone, say to work together on North Korea

“We share a common view and a sense that tensions on the peninsula are quite high right now and that things have reached a rather dangerous level, and we’ve committed…