"On November 8, you Joe Blow, Steve Blow, Bob Blow, Billy Blow, all the Blows get to go and blow up the whole goddamn system because it's your right. Trump's election is going to be the biggest fuck ever recorded in human history and it will feel good."
It really does feel like the worst of both worlds: all the ravages of poverty, but none of the sympathy. "Blacks burn police cars, and those liberal elites say it's not their fault because they're poor. My son gets jailed and fired over a baggie of meth, and those same elites make jokes about his missing teeth!" You're everyone's punching bag, one of society's last remaining safe comedy targets.
With the threat of a potential 'black swan' event with a Trump Victory, The Elite have pulled out their "Ace in the Hole" - Russia. Russia is the most feared and misunderstood of all US artificial villians (even more than Islamic Terrorists).
By now we have shown every possible divergence between the ongoing collapse in jobless claims (everything is awesome) as practically every manufacturing and service economy hard data print suggests the exact opposite. So this week, we just notice that initial claims jump over 5% this week to 260k - the biggest weekly rise since May... probably nothing.
As a result of slowing demand and declining US auto sales coupled with growing inventory, Ford Motor is halting one of two plants that builds its top-selling F-150 pickup as it idles four factories this month amid slowing U.S. auto sales.
Ferguson, Baltimore, Ferguson (again), Milwaukee, Charlotte. Much has been made by the media of the recent riots that have taken place across America. Which begs the question: Are these riots passing occurrences or, like a series of smaller seismic events, a forewarning of much larger mass civil unrest to come? For the answers, we take a quick trip back in time.
What I find most surprising today is that the insiders and the elite have no idea what is percolating just beneath the surface. Okay, maybe their arrogance actually produces its own fog, so it should not come as a surprise that they are blinded. They do not look at the calendar, which, if one really looks, says "1788" on it. Something is close. Very close. Society is near the breaking point.
"We lower our Autos and Auto Parts coverage view to Cautious from Neutral. As we progress through the later stages of the US auto cycle, we expect a sales plateau through 2017 held up by increasing OEM incentives. Beyond this, we see US light vehicle sales mean reverting back toward normalized SAAR of 15mn from 2018 through 2020 as pent-up demand clears through"