US Launching Sunday Raids To Arrest Illegal Immigrant Gang Members

On Sunday, U.S. immigration agents are set to launch nationwide raids to arrest teenagers who entered the country without guardians and are suspected gang members, as part of President Donald Trump's crackdown on illegal immigrants. A person can be identified as a gang member if they meet two or more criteria, having gang tattoos, frequenting an area notorious for gangs and wearing gang apparel."

How The Elites Betrayed Working-Class America

"Most people believes we need more fake money to 'prime the pump' and get the economy rolling again... Almost no one realizes it, but it was these stimulating, pump-priming, new credit-based dollars that fueled the trends that ruined America’s working-class wage earner."

Auto Stocks Crushed As Autoliv Slashes 2017 Growth Forecast In Half

After seemingly ignoring a whole host of a negative data points over the past several months, from collapsing sales volumes and soaring inventories levels to crashing used car prices, auto investors apparently couldn't see their way to ignoring Autoliv's abysmal earnings this morning. 

This Recovery Isn't All That Resilient, Here's Why

Most economists today applaud the resilience of the current recovery, which has stretched into its eighth year, the third-longest in postwar history. Resilience and rising household defaults, though, don’t tend to go hand in hand.

"The Swarm Effect": Every Trader Today Has Just Two Choices

"...one faces a choice between two scenarios: 1) A small probability of losing all of your money all at once at an undisclosed time in the future, or 2) A high probability of gradually losing small amounts over an indefinitely long period of time, keeping in mind that persistent small losses over an indefinite time period could lead to large cumulative losses."

Mueller Instructs White House To Preserve All Records On Jr.'s Meeting With Russian Lawyer

"As you are aware the Special Counsel's office is investigating the Russian government's efforts to interfere in the 2016 presidential election, including any links or coordination between the Russian government and individuals associated with the campaign of Donald Trump. Information concerning the June 2016 meeting between Donald J Trump Jr and Natalia Veselnitskaya is relevant to the investigation."

Future-Hype Arrives Right On Cue... Again

This week we have no finer example for one to ponder than Mr. Musk himself in what can only be deemed as one of the most blatant examples of what I’ve coined “future-hype.”

Kunstler Fears "Violent Revolt" As "Soft Coup" Against Trump Looms

"The whole nauseating spectacle will be attended by violent popular revolt of region against region and tribe against tribe in a great civil explosion of long-suppressed angst...Too many nasty forces are vectoring in on the scene to overthrow the dream state America has been languishing in."