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President Trump Speaks On Rebuilding The Military - Live Feed
President Trump is due to deliver remarks aboard the not yet commissioned super-carrier U.S.S. Gerald Ford, docked at Newport News, Va. The focus of his speech is expected to be promote his vision and...
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Dear President Trump, Here Is Why You Should Shut Up About The Market
Via Doug Ramsay Of Leuthold Weeden Capital Management,Do You Believe This Guy?Don’t tell The Donald, but the stock market doesn’t take him seriously.The market took JFK seriously. In April 1962,...
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Schlichter: President Trump Needs To Keep His Promises No Matter What
Via Kurt Schlichter of Townhall.com,This much is clear – if President Trump (Oh, how I love the sweet agony just uttering those syllables causes annoying people) fails to keep his word, he’s toast. And...
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Does Technology Destroy Jobs? If Not What Does?
Via Michael Shedlock of MishTalk.com,In light of my posts on robots, driverless vehicles, and automation, readers keep asking: where will the jobs come from?I do not know, nor does anyone else. But...
View ArticleFrontrunning: March 8
GOP Disagrees on How—and Whether—to Pay for Tax Cuts (WSJ)'It's like kumbaya:' Trump's genial private meetings with CEOs jar with public attacks (Reuters)New Health Plan Sparks Debate Over Obamacare...
View ArticleCounter-Coup Spookmaster Dr. Steve Pieczenik Discusses Destruction Of CIA And...
This is as close to a real life spy novel as you're going to get...Dr. Steve Pieczenik is a legend. For those of you who don't know - he's the guy Tom Clancy based Jack Ryan on. He's served 5 U.S....
View ArticleNBC Reporter "Fact Checks" Trump's Job Creation Claims and Destroys You in...
Jane Timm from NBC was working very diligently today, on International Women's Day of all days, in order to set the record straight for you Trumpsters out there who believe that he's done anything at...
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Has OPEC Underestimated US Shale Once Again?
Authored by Tsvetana Paraskova via OilPrice.com,The U.S. shale cowboys are back on their horses and leading a strong recovery in the oil patch that is not expected to falter even as WTI prices dropped...
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Rising Rig Count Is Pushing OPEC To Breaking Point
For the 9th straight week (and 35th of the last 37 weeks), the US oil rig count rose this week (surging by 14 to 631 - highest since September 2015).The rig count continues to track the lagged WTI...
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Weekend Reading: Just Buy Everything
Authored by Lance Roberts via RealInvestmentAdvice.com,On Wednesday, as I discussed yesterday, the Fed hiked rates and despite the fact that hiking interest rates further tightens monetary policy,...
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Trump Thinks Your Car's Gas Mileage Is... Your Business
Via Eric Peters Autos,The Clovers are aghast that Trump is threatening to do the unimaginable– and stop threatening the car companies with federal fuel economy fatwas(and add-on fatwasforbidding or...
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Signs That The Silicon Valley Tech Bubble Is About To Burst
18 months ago there was a seemingly limitless number of Silicon Valley future billionaires buying up multi-million dollar homes and renting out lavish pads. But if demand for excessively priced real...
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Bank Loan Creation Crashes At Fastest Pace Since The Financial Crisis
Last weekend, after looking at the latest H.8 statement by the Fed, we noted something concerning: total loans and leases by U.S. commercial banks were rising at an annual pace of about 4.6%, based on...
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Used Car Prices Crash Most Since 2008
Authored by Mike Shedlock via MishTalk.com,According to NADA Used Car Guide, wholesale prices on used vehicles are getting crushed. Let’s take a look at the details.Used Car Prices Since 1995Used Car...
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South Korea Says North Korea Conducted Unsuccessful Missile Launches, US...
Just hours after US military officials warned of a North Korea missile launch, Japanese media is reporting that Japanese officials said North Korea may have launched four missiles from the vicinity of...
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Ford Stock Slumps To Post-Election Lows After Slashing Guidance
With auto loan growth collapsing...And after admitting that "auto sales have reached a plateau," - Below are some of the key comments from Ford executives describing the current conditions in the auto...
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Ford Warns "Used Car Prices Will Drop For Years"
Earlier this morning we noted Ford's "CFO Let's Chat" meeting with analysts before which Ford announced weak 1Q adj. EPS guidance of 30c-35c, coming in well below analyst estimates of 47c, which they...
View ArticleRobots are Taking Our Jobs, and That is a Good Thing
Via The Daily BellRobots are going to take all our jobs, and it doesn’t matter. We should actually be thrilled about the prospects of automation, because it means freeing up economic resources,...
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Elon Musk Launches Company To Hook Up People To Computers
In case revolutionizing the transportation and energy industries while colonizing Mars wasn't enough of a challenge for Elon Musk (or perhaps taxpayer subsidies for Musk's ventures in those fields have...
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Why Foreign Robots Are The Real U.S. Job Killer
Over the past several months President Trump has called out pretty much every major auto OEM for their efforts to move low-skilled assembly jobs to Mexico. But absent new tariffs, it's not terribly...
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