Portland Braces For “Blood In The Streets” As Antifa Pledges “Militant Antifascist Resistance Against Patriot Prayer” On Saturday

If Portland authorities do not intervene in a major way, we could potentially see one of the largest street brawls in modern American history on Saturday.  On June 30th, an extremely violent confrontation in Portland between Antifa thugs and conservative groups made headlines all over the world, and now both sides have been hyping this August 4th sequel as an even bigger event.  Two conservative groups, Patriot Prayer and The Proud Boys, are claiming that they will have thousands of members in the heart of Portland for their scheduled rally, and they are very much encouraging people to bring guns.  On the other side, Eugene Antifa, Rose City Antifa, RASH NW and the Pacific Northwest Anti-Fascist Workers Collective are hoping to bring thousands of their own members, and one organizer publicly stated that they “better bring our own guns too”.  All it is going to take is for one person to get shot and killed for all hell to break loose. (Read More...)

According To The “Buffett Indicator”, The Stock Market Is More Primed For A Crash Than It Has Ever Been Before

Warren Buffett’s favorite indicator is telling us that stocks are more overvalued right now than they have ever been before in American history.  That doesn’t mean that a stock market crash is imminent.  In fact, this indicator has been in the “danger zone” for quite some time.  But what it does tell us is that stock valuations are more bloated than we have ever seen and that a stock market crash would make perfect sense.  So precisely what is the “Buffett Indicator”?  Well, it is actually very simple to calculate.  You just take the total market value of all stocks and divide it by the gross domestic product.  When that ratio is more than 100 percent, stocks are generally considered to be overvalued, and when that ratio is under 100 percent stocks are generally considered to be undervalued.  The following comes from MSN(Read More...)

The Number Of Americans Living In Their Vehicles “Explodes” As The Middle Class Continues To Disappear

If the U.S. economy is really doing so well, then why is homelessness rising so rapidly?  As the gap between the rich and the poor continues to increase, the middle class is steadily eroding.  In fact, I recently gave my readers 15 signs that the middle class in America is being systematically destroyed.  More Americans are falling out of the middle class and into poverty with each passing day, and this is one of the big reasons why the number of homeless is surging.  For example, the number of people living on the street in L.A. has shot up 75 percent over the last 6 years.  But of course L.A. is far from alone.  Other major cities on the west coast are facing similar problems, and that includes Seattle.  It turns out that the Emerald City has seen a 46 percent rise in the number of people sleeping in their vehicles in just the past year(Read More...)

They Are Calling It “The Tech Bloodbath” – 10 Facts About This Tech Stock Crash That Will Take Your Breath Away

Thanks to crashing tech stocks, Americans have lost hundreds of billions of dollars in paper wealth over the past three trading days.  As you will see below, we have just witnessed “the biggest market cap loss in history”, and many analysts believe that this is only just the beginning.  At this point, even the mainstream media is fearing the worst.  CNN is boldly proclaiming that “the tech bloodbath is here”, and there is a flood of mainstream articles giving advice to investors about how to ride out this crisis.  But the amount of money that has already been lost is absolutely huge, and it isn’t going to take much to turn this panic into a full-blown stampede.  In a lot of ways, what we are watching is very reminiscent of 2001.  When the original tech bubble burst, the crash was so rapid and so dramatic that many ordinary investors were not able to react in time.  As I have explained so many times before, markets tend to go down a whole lot faster than they go up, and the events of the last three trading days have been completely breathtaking. (Read More...)

Housing Crash 2.0? Experts Warn That ‘The U.S. Housing Market Looks Headed For Its Worst Slowdown In Years’

Is the United States heading for another absolutely devastating housing crash?  It has been 10 years since the last one, and so many of the exact same signs that immediately preceded the last one are starting to appear once again.  Back in 2007, home prices were absolutely soaring and it seemed like the party would never end.  But interest rates went up, home sales slowed down substantially, and eventually prices began to crash.  Millions upon millions of Americans were suddenly “underwater” in their homes just as a crippling recession hit the economy, and we plunged into a foreclosure crisis unlike anything that we had ever seen before.  Well, now the cycle is happening again.  Home prices surged to unprecedented heights in 2017, and this was especially true in the hottest markets on the east and west coasts.  But now interest rates are going up and home sales are starting to slow down substantially.  We certainly aren’t too far away from the next crash and another horrible foreclosure crisis, and many experts are beginning to sound the alarm. (Read More...)

We Are About To See A Great, Big Debt-Fueled GDP Number For The 2nd Quarter, But There Is A Catch…

What kind of number for GDP growth in the 2nd quarter will we get on Friday? The market consensus is somewhere around 4 percent, but there are many out there that are expecting a number above 5 percent. The last time we witnessed such a number was during the third quarter of 2014 when the U.S. economy grew by 5.2 percent. If Friday’s GDP figure is better than that, it will be the best report that we have had since 2003. But let’s keep things in perspective. In seven of the last 10 years, GDP growth was much lower than anticipated in the first quarter and much higher than anticipated in the second quarter. It looks like that pattern may play out again in 2018, and analysts are already warning us to expect a much lower number for the third quarter. (Read More...)

Tech Investors Start To Panic As Facebook’s Stock Price Plunges More Than 20 Percent

Is this the beginning of the fall of Facebook?  After announcing disappointing numbers for the second quarter on Wednesday, Facebook’s stock price plunged more than 20 percent in after-hours trading.  If that decline holds on Thursday, it will be the biggest stock price drop in Facebook’s entire history.  But the truth is that we will probably see the stock price bounce back a bit, because Wednesday’s crash was almost certainly an overreaction.  Unlike many other tech companies, Facebook is still making lots of money, and the number of users globally is still growing.  However, there are definitely some huge red flags.  In the U.S. and Canada the number of users is stagnant, and in Europe the number of users is actually declining.  Facebook’s user base is aging as many young people abandon the platform for trendier alternatives, and there is a growing backlash among conservatives against the tremendous censorship that we have seen in recent months.  People are hungry for an alternative, and if something more appealing comes along Facebook could ultimately suffer the same fate as MySpace very rapidly. (Read More...)

Wild And Unprecedented Price Fluctuations Are Causing Financial Chaos For U.S. Businesses

In every war there is a high price to pay, and this trade war will not be any different.  The normal flow of goods and services around the globe is being severely disrupted, and even though this trade war has barely just begun, it is already having an enormous impact on the U.S. economy.  Even if we ultimately win this trade war and the Trump administration is able to achieve all of the goals that it is targeting, there will still be a great cost in the short-term.  We are going to see businesses fail, we are going to see workers get laid off, and global economic activity will inevitably contract.  Heck, at this point even Fox News is calling this trade war “economic suicide”.  We live at a time when a delicately balanced formula of economic factors allows us to live a debt-fueled standard of living that is far beyond what we actually deserve.  Now we are messing with that formula, and the consequences are likely to be far more severe than most Americans are anticipating. (Read More...)

We Are Seeing Heat And Drought In The Southwest United States Like We Haven’t Seen Since The Dust Bowl Of The 1930s

Despite all of the other crazy news that is happening all around the world, the top headlines on Drudge on Monday evening were all about the record heatwave that is currently pummeling the Southwest.  Of course it is always hot during the summer, but the strange weather that we have been witnessing in recent months is unlike anything that we have seen since the Dust Bowl days of the 1930s.  At this moment, almost the entire Southwest is in some stage of drought.  Agricultural production has been absolutely devastated, major lakes, rivers and streams are rapidly becoming bone dry, and wild horses are dropping dead because they don’t have any water to drink.  In addition, we are starting to see enormous dust storms strike major cities such as Las Vegas and Phoenix, and the extremely dry conditions have already made this one of the worst years for wildfires in U.S. history.  What we are facing is not “apocalyptic” quite yet, but it will be soon if the rain doesn’t start falling. (Read More...)

Beware – The Last 7 Times The Yield Curve Inverted The U.S. Economy Was Hit By A Recession

Seven times since the 1960s we have seen the yield curve invert, and in each of those seven instances an economic recession in the United States has followed.  Will this time be any different?  Today, the yield curve is the flattest that it has been in 11 years, and many analysts believe that we will see an inversion before the end of 2018.  If an inversion does take place, experts will be all over the mainstream media warning about “an imminent recession”.  Unfortunately, most Americans don’t understand these things, and when they hear terms like “yield curve” they tend to quickly tune out.  So in this article we are doing to define what a yield curve is, why it is so important, and why another U.S. recession may be rapidly approaching. (Read More...)