zerohedge September 23, 2018

Authored by Robert Higgs via The Mises Institute, “The business of buying weapons that takes place in the Pentagon is a corrupt business – ethically and morally corrupt from top to bottom. The process is dominated by advocacy, with few, if any, checks and balances. Most people in power like this system of doing business […]

zerohedge September 23, 2018

Ten years after central banks unleashed a period of record low interest rates, the central banks’ central bank is warning that this may not have been the smartest move. In the latest quarterly review from the Bank of International Settlements, the Basel-based organization that oversees the world’s central banks warned that decades of falling interest […]

zerohedge September 23, 2018

We suspect after this weekend that liberal, Democrat, Harvard Law School professor, and civil-libertarian Alan Dershowitz will be persona non grata among the establishment cognoscenti. Dershowitz did nothing to ingratiate himself with the ‘deep state’ when he proclaimed that there is no doubt that President Trump has the legal authority to fire Deputy Attorney General […]

zerohedge September 23, 2018

Bank of America is ringing the proverbial bell on the US real estate market, saying existing home sales have peaked, reflecting declining affordability, greater price reductions and deteriorating housing sentiment. In the latest weekly report from chief economist Michelle Meyer, the bank warned that “the housing market is no longer a tailwind for the economy […]

zerohedge September 23, 2018

The Wall Street Journal editorial board has penned a scathing Op-Ed, claiming that “the Democratic standard for sexual assault allegations is that they should be accepted as true merely for having been made.”  The Journal says that while the last-minute accusation against Supreme Court nominee Brett Kavanaugh is an “ugly spectacle” by itself – liberals have abandoned the entire notion […]

zerohedge September 23, 2018

Authored by Lance Roberts via RealInvestmentAdvice.com, Bulls Push To All-Time Highs Get out your party hats ladies and gentlemen, the markets hit all-time highs this past week. After increasing equity exposure in portfolios on the 11th, as the markets pulled back to the previous break-out support levels, I suggested a push to new highs was likely. “The […]