We Now Know "Who Hit The Brakes" As Loan Creation Crashes To Six Year Low

We can now close the book on the WSJ's previously unanswered question of "who hit the breaks?" The answe the US consumer, the driver behind 70% of US GDP, officially tapped out. In fact, it was almost as if US consumers were hit by a perfect storm of adverse events in late 2016 and early 2017

"If Only" - The Untold Origins Of The Federal Reserve

"If only they had more money. If only they could go deeper and deeper and deeper into debt. If only the masses would just get on their knees like good little docile sheep and wisely accept their theories as unvarnished truth. If only they would get 'educated'... If only. Then, we could make real progress."

What's The Worst That Could Happen?

The last time the stock/bond ratio was this elevated, it didn’t work out well for investors as volatility spiked, equity prices plunged and the “sprint for safety” send bond prices surging.

"The S&P 500 Is Now Overvalued On 18 Of 20 Valuation Metrics"

According to Bank of America: based on the 20 most widely used valuation metrics, the S&P remains significantly overvalued on 18 of 20 valuation metrics, the only exceptions being free cash flow, helped by depressed capex), and relative to bonds.

North Korea Launches Another Ballistic Missile

North Korea launched a ballistic missile Sunday afternoon which flew more than 500 kilometers, only one week after conducting its latest, successful ballistic missile test last Sunday, South Korea's military announced. The missile was launched at 0759 GMT from a location near Pukchang, 60 km northeast of the capital Pyongyang.

Trump: "Terrorists Do Not Worship God, They Worship Death: Drive Them Out Of This Earth"

In today's most watched political event, Donald Trump, who earlier this year sought to impose a travel ban targeting mostly-Muslim nations, will deliver a speech on Islamic tolerance and confronting extremism in Riyadh, the capital of Saudi Arabia, the world's biggest importer of weapons, biggest exporter of global terrorism, and biggest violator of human rights.

How Presidential Scandal Endangers Global Stability

If past is prologue,  as Trumpgate thickens we suspect the world may become more unstable.  As an example,  the behavior of, say,  North Korea may become more nefarious as they perceive the U.S. administration weakened and distracted.  This already seems to be the case, no?

10 Crazy Conspiracy Theories That Became Conspiracy Facts

Unfortunately, there are those who seek to lie and invent fictions for monetary gain and fame. Disinformation, propaganda, and dishonesty exist at all levels of society. However, sometimes conspiracy theories turn out to be true. Therefore, it’s worth assessing them, even if their claims appear wholly outlandish. Especially if their claims appear wholly outlandish.