GM To Spend 3 Billion To Make… Korea Great Again. Kushner resists losing access as Kelly tackles security clearance issues. Trump to ban bump stops… That will stop the crazies… For sure. Muller ups pressure on Trump aides. Trump supporters used by Russians to win the election… How do you think the Russians got the names and purple states that would give Trump the win.
Mueller’s Interest In Kushner Grows To Include Foreign Financing Efforts. How did the Russians know to focus on the purple states when Clinton Didn’t! U.S. Treasury posts gigantic $1.16 trillion deficit for 2017 and it will increase by at least $350 billion a year for the next 5 years. SpaceX gets U.S. regulator to back satellite internet plan.
Goldman Sachs Sees Red Ink Everywhere, Warns U.S. Spending Could Push Up Rates And Debt Levels. Outgoing GOP rep: Republican Party ‘heading into trouble’ in election. ‘We can’t continue!’ Leaving the EU is the ONLY way to save France, warns Le Pen’s ex-aide. Richard Gates is willing to testify against Manafort, report says. Trump’s lawyer says payment to porn star was to protect him, but from who? Stormy Daniels’ manager says the porn star ‘is going to tell her story.’ Indictment leaves no doubt: Russia backed Trump but was it the difference?
Trump Criticizes National Security Adviser HR McMaster’s Comments About Russian Meddling In The 2016 Election. Trump breaks with McMaster: Election results ‘were not impacted or changed by the Russians.’ Trump says FBI missed Florida shooter ‘signals’ spending ‘too much time trying to prove Russian collusion.’ RBS admits FORGING an elderly customer’s signature which left her signed up to a product she didn’t want. Visa says Coinbase is not at fault for overcharging cryptocurrency holders.
Trump Had Affair With Playboy Model: New Yorker Report. ‘Steamroller’ to bull market not that far away, warns market analyst. EU CAN’T RELY on USA: Juncker snipes at Donald Trump as he claims NOTHING makes him happy. Florida school shooting: FBI under pressure over failure to act. Trump ex-aide Manafort accused of bank fraud in bail offer: document. Russian indictments could set stage for more Mueller charges. McMaster: Evidence is ‘incontrovertible’ that Russia interfered in 2016 election.
Tax Cut Scoreboard: Workers $6 Billion; Shareholders: $171 Billion. It’s raining stock buybacks on Wall Street — thanks to President Trump’s massive corporate tax cuts. Only 13% of business’ tax cuts are going to workers, survey says. Sears’ sales drop biggest yet. Gates, a top Trump campaign adviser, close to plea deal with Mueller. U.S. ‘junk’ bond funds hit by second biggest cash withdrawals: Lipper.
Trump’s Gas Tax Would Wipe Out 60% Of Tax Cut Benefit For Individuals, Analyst Estimates. U.S. industrial production lower in January. Mortgage rates rise to nearly four-year high on inflation concerns. U.S. Bancorp to pay more than $600 million over federal charges it had lax anti-money laundering controls. Number of crypto hedge funds soars amid Bitcoin volatility.
Lloyd Blankfein: Odds Of A ‘Bad Outcome’ For Economy Have Gone Up. Trillion-dollar + deficits crises will hit sooner than expected. Stormy Daniels: Trump lawyer admits paying porn star. Trump still unsure Russia interfered in election: CNN sources.
Trump’s U.S. $4.4 Trillion Budget Moves Deficit Sharply Higher. ‘Extraordinary’ growth in U.S. shale oil production predicted by IEA. Artificial intelligence is edging its way into our lives. Bitcoin buyers should be aware of the risks and look after themselves, top exchange CEO says. China ramps up trade tiff over ‘dumping’ of U.S. chemical. Equity holdings in biggest one-month fall in two-years: BAML survey.
Bridgewater Investment Chief Sees New Era Of Volatility. Oil prices rebound after worst weekly loss in more than a year, downed Israeli jet. Barclays Bank faces fresh serious fraud office charges over £2.2bn loan given to Qatar in 2008. Oil market is ‘unconvinced’ by the recent price rally, Goldman Sachs says. OPEC hikes its 2018 forecast for oil supply growth on a flood of U.S. crude. Markets are reacting to an excessive monetary and fiscal stimulus of U.S. economy.
Senator Seeking Admin Records On Trump’s Sale Of Palm Beach Mansion To Russian. Justice Department’s No. 3 official to resign. Turkey slams Cyprus for gas search, blocks rig with warships. Iran displays missile, Rouhani says U.S. regional policy a failure.
Congress Votes To Approve 2-Year Budget Deal That Returns To OVER Trillion Dollar A Year Deficits. Trump budget to include $3 billion for border wall: official. Mortgage rates hit 14-month high as bonds sell off. Oil books steep weekly loss as supply fears mount. Bitcoin Cash rises 25% in the last 24hrs. Slide in ETFs that buy ‘safe’ stocks shows market volatility was no freakish VIX blip. Israel military said its planes faced massive anti-aircraft fire from Syria that shot down an F-16 jet that crashed in northern Israel.
Crash Continues, Fed Yawns At “Correction.” Soaring U.S. oil exports to China are transforming the global oil game. Investors pull record cash from U.S. based stock funds: Lipper. Bitcoin Cash rises 25% in the last 24hrs. CalPERS manages to get pretty much everything wrong in its latest asset reallocation. Fed officials sound almost glib discussing stock-market correction.
Fed’s Dudley: Market Drop Is ‘Small Potatoes,’ Economy Still Strong, Rates Going Up. Navy SEAL who killed Bin Laden: ‘A military parade is third world bullshit.’ Fed likely to continue raising rates: Kaplan. Dow falls over 500 points as bond market also struggles.
Trump Tells Pentagon ‘To Top’ France Military Parade. Germany’s industrial production drops in December. Brent crude oil hits its lowest price this year. U.S. solar industry losing jobs. Trumps trade war on solar panels killing domestic industry. The ‘ferocious’ market sell-off was driven by algorithms. Wall Street turned these esoteric ‘ETNs’ into a winning bet for the masses… And then they collapsed.
White House Touts Economy Amid Wall Street Sell-Off… I Call It Hitching Your Wagon To A Star… The Exploding Death Star. Wall Street’s ‘fear gauge’ breaks above 20 for first time since around Trump election. Global stock markets tumble after Wall Street battering. Compliance officers sweat as cryptocurrency trades go mainstream.
The Treasury Department Quietly Released Data Estimating Its 2018 Borrowing Needs Would Check In At $955 Billion. U.S. Congress gridlocked as budget, immigration deadlines loom. Wall street selloff spreading to global markets. Trump takes aim at Schiff ahead of push to release Democrats’ memo. Jerome Powell takes the reins at the Fed amid market sell-off, jump in yields.
House Speaker Ryan Deletes Tweet Praising $1.50 Pay Increase. Former CIA counterterrorism official Phil Mudd: The FBI people “are ticked” at Trump. Jeremy Siegel says investors got too bullish and are now paying the price: ‘We overdid it.’ North Korea selling chemical weapons to Syria and ballistic missiles to Myanmar, UN claim. The Fed could trigger a personal debt crisis. Government set to borrow nearly $1 trillion this year, an 84 percent jump from last year.
McCain Slams Republicans, Trump on Memo: “We Are Doing Putin’s Job for Him.” Fed says Wells Fargo isn’t allowed to grow after wave of scandals. Two refineries post rare quarterly misses, shares plunge. JP Morgan, Bank of America and Citigroup are banning customers from buying bitcoin on their credit cards.
Comey Torches Supporters of FISA Memo Release: ‘Weasels and Liars Never Hold The Field’. Fox News’s Napolitano: If Nunes changed memo to satisfy political needs, ‘innocent people will suffer. Ex-CIA chief Brennan blasts Republicans over intel memo. The TV audience for Trump’s first address to Congress was smaller than Obama’s and Clinton’s.
Note: The video file below is rather large and will take a while to download since Nick was streaming the markets so if you want a smaller file, download the audio version.
White House Worried FBI Director Could Quit Over Nunes Memo Release. Mr. ‘Irrational Exuberance’ warns there’s a bubble in stocks. German president warns on cryptocurrencies. Schumer: Why was Putin’s top spy let into country. NYT: Mueller wants to interview Trump on Son’s Russia meeting.
FBI Says it Has ‘Grave Concerns’ About Accuracy of Hotly Debated FISA Memo. Second Trump-Russia dossier being assessed by FBI confirms kinky shit! Germany ‘cooking books’ to mask trade surplus, as Trump issues threat. SEC halts one of the largest ‘ICOs’ ever as it wades deeper into the murky world of cryptocurrency offerings. Democrats blast Trump as soft on Putin with no Russia sanctions.
U.S. Issues ‘Putin List’ Only, of 210 Top Russians but Trump Does NOT Sanction Them. CIA director expects Russia will try to target U.S. mid-term elections. Room service may come by robot. ‘Furious’ Melania was blindsided by report of Trump’s payoff to porn star: New York Times. French consumer spending falls in December. Norway retail sales fall in December.
The ECB and the Euro Are the Only Glue Holding Parts of Europe Together. Ken Starr: ‘It would have been Armageddon’ if Trump fired Mueller. Freed Saudi billionaire Prince Alwaleed says corruption detention was a ‘misunderstanding’. Spain retail sales growth slows in December. U.S. consumer spending rises; savings drop to 10-year low.
Jump In Late Mortgages After Harvey Sparks Foreclosure Fears. Trump did try to fire Mueller. Blumenthal: ‘Credible case of obstruction of justice’ against Trump. Trump legal team seeking precedent to avoid Mueller interview: report. U.S. CFTC to fine UBS, Deutsche Bank, HSBC for spoofing, manipulation: sources. President Trump’s legal team has been looking into a 20-year-old federal court order that could be used to limit or avoid an interview between Trump and special counsel Robert Mueller, according to a new report.
The U.S. Economy Rose At A 2.6 Percent Annualized Rate, Trump Predicted 6%. Treasury Secretary Mnuchin says stronger dollar is in the best interest of the country. U.S. rig count jumps by 11, weekly survey says.
Mnuchin Trashed The Dollar So His Friends Could Cash In. Ross set up the markets on trade wars. NAFTA negotiations grind on, little sign of quick breakthrough. American Airlines CEO: ‘Fares are too low for oil prices this high.’ Kushners drop effort to raise Chinese cash for New Jersey project. LG raises washing machine prices. Ross declares Trade War under way in rhetorical split with Trump.
Dollar Plunges To 3-Year Low After Mnuchin Cheers Weaker Greenback. Toys”R”Us closing even more stores. CIA director now probed on Trump Russian ties. Ross declares Trade War under way in rhetorical split with Trump.
Sitting Attorney General Questioned Under Oath About Trump Campaign. Trump getting ready to pull US out of NAFTA. French about to have referendum on constitutional reform. Mexico murder rate in 2017 is worst on record. OPEC kingpin Saudi Arabia ‘anxious’ about the ‘fragility’ of the oil market. Schumer withdraws offer for border wall.
Chinese Bank, One Of Its Biggest, Caught With Billions In Bad Loans It Covered Up… The Real Number In The System Is Trillions. Italians warn EU not to mess with their elections. Turkey attacking Kurdish fighters the US spent billions training and equipping to fight ISIS. Frackers having biggest year ever. This is the year the US becomes the worlds biggest oil producer.
Saudi’s Trying To Extend Oil Market Manipulation Past 2018. Erick Trump says the shut down is a “good thing for us.” FBI flagged several Russian Kremlin spies at the Trump Inauguration. Amazon automated grocery store to open in Washington state.
It’s My Party and I’ll Cry If I want to
US government shut down has started. Trump cancels his party. British tourists warned to shelter in place in Jamaica. Deutsche Bank looking into money laundering by Kushner. Canadian Prime Minister to visit US, not Trump.
The More OPEC Cuts, The More The US Produces… Soon To Be Worlds Biggest. SEC worried about Bitcoin. Italy tells EU to go and F*** itself… and I agree. Trump property sales money laundering? Government shut down looms large.
Housing Starts Have Peaked (at a much lower number) And Are Falling Just Like They Did At The 2007 Wipe Out. Treasury and the big banks are getting scared shit about Bitcoin, as well they should be. They tried to kill it and it’s coming back strong. Visa idiot CEO Kelly does not view Bitcoin as a payment system player. Kodak said they did not see why people would want digital photography. It’s amazing how STUPID corporate assholes can be.
Vintage Car Prices Collapsing Like Right Before Last Crash. Fox News did not publish hooker story. Bannon headed to snitch out the President. Bitcoin regulation rattles market. Bank of America and Goldman trading revenue and profit drop.
Bannon To Throw Trump Under The BUS Today. He testifies before Congress. Next is the Grand Jury. US oil industry set to break production record. Millions lost health care under Trump. GM to take write down in tax changes. Bitcoin a BUY. Stock Market a sell.
T. Boone Pickens Ended Up T. Broke Pickens… At Least His Hedge Fund, Like I Predicted. He just could not understand why natural gas never made it to $10.00. It’s been lucky to hold $3.00. North Korea may have as many as 60 nukes. Pope warns world getting close to nuclear war. Sweden could soon become the first country to launch its own cryptocurrency.
North Korea WARNING: US Missile Defense Only 50% Effective Against Kim’s Strikes. Saudi Prince Alwaleed in settlement talks with government. Doctors want President Trump’s head examined.
China Racks Up Biggest Ever Trade Surplus With U.S. Panic in Hawaii as Civil Defense ACCIDENTALLY issues alert for ‘inbound ballistic missile threat.’ The war on cryptocurrency just intensified as Steve Mnuchin enters the fight. Stock funds take in record 24 billion in just one week to fuel the doomed stock market bubble.
Trump’s Disparaging Words Hoopla. Wal-Mart hikes minimum wage to disguise huge payouts to principals. MoneyGram to test cybercurrencies. Citigroup warns about a $3,000 per household tax increase for homeowners in NY and California.
Producer Price Index Sinks… Again Signaling NO Inflation. US unemployment claims RISE… That was not supposed to happen. US natural gas supplies drop as expected in the cold snap. US natural gas EXPORTS at all time high. Mueller adding cyber crime expert to his task force. We all heard the President ask the Russians to “find” Hillary’s missing emails. Substitute hack for find and you have a cyber crime and conspiracy.
A Merchant Bank For Bitcoin Is In The Works. This is what is needed to establish the technology. Kodak announces a cryptic coin payment system. FBI chief calls unbreakable encryption ‘urgent public safety issue’. Fusion GPS founder. Another firm just pulled its plans to launch Bitcoin ETFs. Trump campaign source backed up claims in dossier. Investors should be pessimistic about the rise in stock market optimism.
Bitcoin Under Attack And Still Winning. Stock market incredible bubble. Fusion GPS worried Trump being blackmailed by Russians. Top Fed official warns banks need to immediately double their capital.
10% Of Amazon Workers Are On Food Stamps, Same Thing With Mc Donald’s And Wal-Mart. Stock market about to crash, retail suckers are all in. Trump starts working 10:00PM after watching FOX News. Germans hot on Bitcoin. German industrial production falling, VW slashing workforce.
Bannon Under Extreme Pressure Apologizes But DOES NOT Retract His Damning Statements. Trump claims he is a “very stable genius.” Wolff on Meet the Press says 25th Amendment discussed in the Oval Office. Saudi at it again and arrest even more of the extended Royal Family. Speaking of the Saudi’s, Yemen shoots down Phantom jet.
Gold Has Had Its Longest Winning Streak Time Wise Since The 1980’s. BUT the move in dollar terms has been very small, up $100 in a year. US trade deficit with China soaring… That was NOT supposed to happen. Fusion GPS fighting like all hell not to reveal who paid them. Mueller knows Trump tried to get Sessions to end investigation. US job growth slowing… Another thing that was not supposed to happen.
Yale Psychiatrist Questions Trump’s Sanity. Tell all book Trump lawyers tried to stop is out… And it ain’t pretty. Sears and other big box retailers closing a slew of stores. Iran protesters put down. Saudi releases more information about the worlds biggest IPO… What a con job. Trump opens up US Atlantic and Pacific coast to off shore oil drilling. Intel chips have major security flaws that patches won’t fix… We are talking replacement.
Anti-Euro Voices Growing In Italy. Iran revolutionary guard called in to put down demonstrations. Tell all book on Trump White House now on Best Sellers list… AND it’s not out yet. Trump Attorneys are trying to stop publication.
Bombshell New Book. Steve Bannon, at one time Trump’s closest adviser accuses Trump, Trump Junior and Son in law of Treason and money laundering. Bulletin of the Atomic Scientists editor: Trump N. Korea tweets are ‘existential threat to humanity’. Iran’s top leader blames protests on meddling by ‘enemies’.