“Instead of pricing equities off this fragile state of earnings, look at valuations compared to revenue, which cannot be manipulated. This should give a better metric of how overvalued the equity market currently is.” With that, it would seem to be high time to don your rose-colored glasses...
This past Saturday October 8th, Bank of Japan Governor Haruhiko “Peter Pan” Kuroda delivered some prepared remarks on its new QQE with yield control (see here and here) at the Brookings Institute in Washington DC. The conference was attended by "luminaries" like Jeffries’ David Zervos, Princeton economist and Hillary supporter Alan Blinder, as well as many members of the press.
"...These precious snowflakes are the children of political correctness, their parents and schools lead them to believe that the world is perfectly moralistic — they don’t live in the real world, it is a fantasy..."
Unlike Reuters' political "reporters", it seems the hacker collective "Anonymous" is less impressed by Hillary Clinton's awesomeness. Following Wikileaks' recent release of leaks, Anonymous reminds Americans of the 'career criminal' in a video containing a well researched list of wrong-doings, exposing the actions of Hillary over her career.
If an establishment candidate like HRC is elected illegally, it can be the spark that explodes Federal USA into a process of balkanization, where USA might look more like Europe in a few years (many countries) instead of the Federal melting pot it is now.
Since they can’t sell people on electric cars, the next best thing is to outlaw internal combustion-engined cars. In order to force people into electric cars. The German Bundesrat (their version of our Congress) just passed a bipartisan agreement toward that end. By 2030 - just 14 years from now.
"The bottom line is to always remember that the media is not your friend in any way, shape or form, even if its lowest tier operatives fit the description of hapless victims rather than nation-wrecking enemies. The media must be opposed, exposed and boycotted at every turn until it starts bleeding money and choking on its own venom."
Currently economists and market watchers roughly fall into two camps: Those who believe that the Federal Reserve must begin raising interest rates now so that it will have enough rate cutting firepower to fight the next recession, and those who believe that raising rates now will simply precipitate an immediate recession and force the Fed into battle without the tools it has traditionally used to stimulate growth. Both camps are delusional, but for different reasons.
Despite overwhelming factual evidence that crackpot Keynesian spending machinations; debasing the currency; interest rate manipulation; globalization; perpetual war; incurring unpayable levels of debt; making $200 trillion of unfunded welfare promises; has created a seething anger across the land, Hillary Clinton and her establishment flunkies propose doubling down on those same failed policies.