Wall Street Red Flag: A Bond Market Indicator That Has Predicted Every Recession In The Last 50 Years Just Got Triggered

If the bond market is correct, the U.S. economy is definitely heading into a recession.  Over the past 50 years, there have been six previous occasions when the yield on three-month Treasury bonds has risen above the yield on ten-year Treasury bonds, and in each of those instances a recession has followed.  Now it has happened again, and this comes at a time when a whole host of other economic indicators are screaming that a recession is coming.  Of course we have seen recession indicators triggered at other times in recent years, and the Federal Reserve was able to intervene and successfully extend this cycle on multiple occasions.  But now that the global economy is clearly the weakest it has been since the last recession, have we finally reached a breaking point? (Read More...)

Shock Claim: Clinton Team Hatched ‘Blame Russia’ Plan Within 24 Hours Of Loss – Resulted In 675 Day Mueller Investigation

The narrative that eventually spawned the Mueller investigation was concocted in a gloomy room littered with discarded Shake Shack containers in November 2016.  Even though Hillary Clinton had delivered a concession speech the day before, Clinton and her team were not ready to give up yet, and so they needed a strategy to de-legitimize the election results.  They eventually decided on a plan to “blame Russia” for Hillary’s loss, and that included really pushing a narrative that the Trump campaign had colluded with the Russians to defeat Clinton.  As this plan was rolled out, this narrative was eagerly embraced by pro-Clinton members of federal law enforcement agencies, and it ultimately resulted in the 675 day Mueller investigation.  Robert Mueller issued nearly 2,800 subpoenas and conducted 500 witness interviews, and in the end he found that there was no collusion between the Trump campaign and the Russians… (Read More...)

Government Warns Of Historic, Widespread Flooding “Through May” – Food Prices To Skyrocket As 1000s Of Farms Are Destroyed

We have never seen catastrophic flooding like this, and the NOAA is now telling us that there will be more major flooding for at least two more months.  On Thursday, the National Oceanic and Atmospheric Administration warned that “historic, widespread flooding” would “continue through May”.  More than 90 percent of the upper Midwest and Great Plains is currently covered by an average of 10.7 inches of snow, and all of that snow is starting to melt.  That means that we are going to transition from one of the worst winters in modern history to a flood season that has already taken an apocalyptic turn for farmers all across America.  At this moment, millions of acres of farmland are already underwater.  Thousands of farmers are not going to be able to plant crops this year, and thousands of other farmers that have been financially ruined by the floods will never return to farming again.  This is already the worst agricultural disaster in modern American history, and it is going to get a whole lot worse. (Read More...)

The Chair Of The Federal Reserve Just Used The Term “Slowdown” To Describe What Is Happening To The U.S. Economy

Now even the Federal Reserve is publicly admitting that the U.S. economy is slowing down.  And that is quite remarkable, because usually the Federal Reserve is extremely hesitant to say that an economic slowdown is taking place.  As I pointed out the other day, in 2008 former Fed Chair Ben Bernanke kept insisting that a recession was not coming, but we found out later that a recession had already begun when he was making those statements.  Normally the Federal Reserve tries very hard to paint a rosy picture of our economic future, and one of the big reasons for that is because they want us to believe that they are doing a good job and that they have everything under control.  So it was quite stunning to hear Fed Chair Jerome Powell use the term “slowdown” to describe what is coming for the U.S. economy on Wednesday… (Read More...)

FedEx Is Talking As If A Global Recession Has Already Begun – And The Numbers Back That Up

“Slowing international macroeconomic conditions” is just a fancy way to say that the global economy is in big trouble.  For months, I have been warning that economic conditions are deteriorating, and we just keep getting more confirmation that we are facing the worst global downturn since the last financial crisis.  For the second time in three months, FedEx has slashed its revenue forecast for this year.  In an attempt to explain why revenue is declining, FedEx’s chief financial officer placed the blame squarely on the faltering global economy.  The following comes from CNBC(Read More...)

Weather Patterns Go Crazy: Nebraska Flooding Has Broken 17 Records And Farmers Are Being Absolutely Devastated

One record breaking disaster after another has been hitting America in recent months.  At this moment, Nebraska is dealing with the worst flooding that it has ever experienced, and the economic damage being done by all of this flooding is going to be absolutely crippling for many farmers.  Of course the floods are the result of the “bomb cyclone” that brought hurricane-like winds and blizzard conditions to the central part of the country last week.  Sadly, this was just the latest chapter in a very cold and very bitter winter that can’t end soon enough as far as many of us are concerned. (Read More...)

Alexandria Ocasio-Cortez mocks God: “What good are your thoughts & prayers when they don’t even keep the pews safe”

49 people were just ruthlessly gunned down at two mosques in the city of Christchurch, New Zealand and Alexandria Ocasio-Cortez is using it as an opportunity to mock God.  As you will see below, in response to the mass shootings she posed this question on Twitter: “What good are your thoughts & prayers when they don’t even keep the pews safe?”  Conservatives were obviously her intended target, but her statement implies that either God won’t listen to our prayers and stop these terror attacks or that He simply can’t do it because He lacks the power to do so.  Either way, her statement is a direct attack on God and believers all across America are deeply, deeply offended by her statement. (Read More...)

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