Main Street

The Central Banks Pull Back: Now It's Up To Fiscal Policy To "Save The World"

The reason central bankers are pulling back from their previous "we can do no wrong, we're saving the world" expansion is those policies have failed to bolster the real economy. Even conventional economists who never met a central bank expansion they didn't love are grudgingly conceding that quantitative easing and all the other monetary expansions did little but make the rich richer and everyone else poorer.

"Common Sense" Part 2 - Addressed To The Inhabitants Of 2017 America

Three generations have passed since Paine’s words inspired a revolution, but they ring as true today as they did during that fateful year of 1776. We have been ruled by an oppressive tyrannical establishment, bent on controlling and regulating every aspect of our lives, over-taxing hard working Americans to pay for its welfare/warfare surveillance state, indebting unborn generations with over $200 trillion of unfunded promises, enriching themselves and their Deep State benefactors, impoverishing the people through systematic inflation, globalizing their jobs to Asia, and treating hard working Americans with utter contempt.

David Einhorn Explains How He Is Trading The "Trump Presidency"

1) Long a variety of low-multiple, tax-paying, U.S. value stocks; 2) Long AAPL; 3) Long GM; 4) Short “bubble basket.” 5) Short oil frackers, 6) Short CAT (and other similar industrial cyclicals that have moved much higher post-election).

Five Dead, 15 Wounded After Gunman Opens Fire At Mexican Nightclub

A lone shooter fired on a crowd at a nightclub in Playa del Carmen, site of the BPM electronic music festival in Mexico early Monday, leaving at least five people dead and at least a dozen more injured. Local news reports suggest that the shooting came after a 'disagreement' and is connected to ongoing drug cartel wars in the area

BofA Warns Of 'Icarus' Trade: "A Wobble Then A Melt-Up... Followed By A Melt-Down"

"After a Jan/Feb wobble, we believe stocks & commodities will have one last 10% meltup in H1," explains BofA's Michael Hartnett in his latest note, but, he adds, by the end of 2017 we will see a "meltdown." BofA awaits the endgame of the so-called "Icarus Trade" amid unambiguous signs of bullish investor Positioning, bullish Profit expectations & hawkish Policy from Fed/ECB, as well as outperformance from laggard risk assets; before calling for the Big Short.

Fiat Money, Fiat News

Gresham’s Law: bad money drives good money out of circulation.

Hunt’s Law: fake news drives real news out of circulation.

Luxury Apartment Bust Spreads To Main Street

"This will be a very challenged leasing environment almost everywhere.  There’s just so much that has hit the market, it is oversaturated with high-end luxury.  The consumer is going to have much broader choice at a lower price."

This Is The Russian "Retreat" In Maryland Which The US Government Just Confiscated

Amid the sweeping sanctions unveiled by Obama in response to Russian "hacking" of the elections, President Obama ordered the shut down, or rather confiscation, of a Russian-owned compound on Maryland's Eastern Shore. Obama gave Russia 72 hours to leave the 45-acre property, which the Soviet government bought in 1972.

Will Investors Get 'Hustled' By The Pros In 2017?

If you think you’re hearing a wee bit of a mixed message emanating from households and businesses, you’re not losing your marbles. If the stars don’t align perfectly, if the sequel doesn’t best the original, smaller investors might want to wise up to the fact that they’re being hustled by the equivalent of professional gamblers.

How To Invest In The New World Order

The boom turns to bust as the Eurodollar market breaks. If the cycle gets out of hand, as it did from 2008 onwards, banking solvency is not only limited to local emerging market banks, but to the international banking community at large. This is exactly where we are at now and if history repeats itself, which we believe it will, a new financial crisis is brewing just under the surface as the dollar moves into its second leg.

Something Wicked This Way Comes

"The narrative about an improving economy, thriving jobs market, and glorious future is bullshit. I know it. You know it. And your establishment puppeteers know it. But only “fake news” sites would dare reveal these inconvenient truths."