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Treasury Secretary Steven Mnuchin Has Scheduled An Emergency Call With The President's Working Group On Financial Markets On Christmas Eve

Posted by George Freund on December 24, 2018 at 9:05 AM


If the financial markets are going to be just fine, then why did Treasury Secretary Steven Mnuchin make emergency calls to the CEOs of the six biggest banks in America on Sunday? And if we don’t have anything to worry about, then why has he scheduled an emergency call with the Presidents Working Group on Financial Markets on Christmas Eve? Actions speak louder...

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Global markets tank after US bank raises interest rates with stocks set for biggest December decline since the Great Depression

Posted by George Freund on December 20, 2018 at 11:55 PM



The Fed raised key overnight lending rate rates by 0.25 percentage points


Markets in China, South Korea, Turkey, Italy, Germany and Mexico slid


London Stock Exchange hit its lowest level since August 2016


New York's S&P 500 Index hit lowest level since September 2017


S...

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Start prepping! Electric grid 'prime target' of terrorists, 'profound threat,' says council

Posted by George Freund on December 12, 2018 at 1:45 PM



by Paul Bedard | December 10, 2018 10:23 AM


In a new report that warns that the electric grid is the “prime target” of terrorists, Americans are being urged prepare for the up to six months without electricity, transportation, fuel, money, and healthcare.


“People no longer keep enough essentials within their homes, reducing their ability to sustain themse...

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DOWAGER EMPRESS TAKE HOSTAGE

Posted by George Freund on December 6, 2018 at 12:15 PM


China demands clarity from US and Canada over arrest of Huawei CFO ‘for violating US sanctions on Iran’


Sabrina Meng Wanzhou was arrested in Vancouver on December 1, reportedly for violating US trade sanctions against Iran


The US is seeking her extradition, and a bail hearing has been set for Friday


PUBLISHED : Thursday, 06 December, 2018, 6:2...

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Bank Stocks And Tech Stocks Crash As The Yield Curve Inverts

Posted by George Freund on December 5, 2018 at 11:35 PM



Stocks aren’t supposed to crash in December. Most of the time we see a nice “Santa Claus rally” to close out the year, and so what happened on Tuesday is definitely extremely unusual. The Dow Jones Industrial Average fell 799 points, which was the fourth largest single day point decline in stock market history. In fact, there w...

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The Psychological Bubble That Has Been Propping Up The U.S. Economy Is Starting To Implode

Posted by George Freund on December 5, 2018 at 11:15 PM


Optimism can be a very powerful thing. For a long time Americans believed that things would get better, and that caused them to take action to make things better, and that actually resulted in things moving in a positive direction. But now things have abruptly shifted. In late 2018, an increasing number of Americans believe that an economic downturn is coming, and the...

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General Motors And General Electric Are Both Telling Us The U.S. Economy Is In HUGE Trouble

Posted by Conspiracy Cafe on November 27, 2018 at 6:05 PM



America’s twin economic “generals” are both in very deep trouble. General Electric was founded in 1892, and it was once one of the most powerful corporations on the entire planet. But now it is drowning in so much debt tha...

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A Perfect Storm Is Brewing

Posted by George Freund on October 29, 2018 at 6:30 PM



Will we someday look back on October 2018 as the turning point? As the month began, people were generally feeling pretty good about things, and the U.S. stock market quickly set a new all-time high. But from that point on, the wheels fell off for Wall Street. We just witnessed the worst October for U.S. stocks since the financial crisis of 2008, and at this poin...

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Global Stocks Down 5 Weeks In A Row - 8 Trillion Dollars In Wealth Wiped Out

Posted by George Freund on October 29, 2018 at 6:20 PM



It’s not over. The worst October stock market crash since 2008 got even worse on Friday. The Dow was down another 296 points, the S&P 500 briefly dipped into correction territory, and it was another bloodbath for tech stocks. On Wednesday, I warned that there would be a bounce, and we saw that happen on Thursday. But the bounce d...

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The Dow Has Fallen Nearly 1,500 Points And Many Believe This "October Panic' Is Just Beginning...

Posted by George Freund on October 20, 2018 at 8:35 AM



We haven’t had an October like this in a very long time. The Dow Jones Industrial Average was down another 327 points on Thursday, and overall the Dow is now down close to 1,500 points from the peak of the market. Unlike much of the rest of the world, it is still too early to say that the U.S. is facing a new “financial crisis”, but if stocks co...

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