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Archive Monthly Archives: May 2018

The Headwind Facing Housing

Authored by Michael Lebowitz via RealInvestmentAdvice.com, There are a large number of public and private services that measure the change in home prices. The algorithms behind these services, while complex, are primarily based on recent sale prices for comparative homes and adjusted for factors like location, property characteristics and the particulars of the house. While […]

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Trump Plans To Unleash Steel, Aluminum Tariffs On EU As Delay Deadline Looms

Time’s up! A month ago, President Trump delayed his EU steel and aluminum tariffs decision and as of Friday, that deadline is over and the US allies across Europe will face big decisions on retaliation. Amid threats from various European leaders – and the potentially unipolar world order repressing blowback from Trump’s Iran decision and […]

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Housing Bubble Pathologies Start To Bite – Yet Another Sign The Cycle Has Peaked

Authored by John Rubino via DollarCollapse.com, The early stages of a housing bubble are fun for pretty much everyone. Homeowners see their equity start to rise and feel smart for having bought, home seekers have to pay up, but not too much, and fully expect their new home to keep appreciating. People with modest incomes […]

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Harvey Weinstein Indicted On Rape, Criminal Sexual Act Charges

Shortly after Harvey Weinstein handed himself over to the NYPD to be arrested and arraigned for numerous allegations of sexual assaults, moments ago the disgraced former Hollywood exec was officially indicted by a grand jury on charges of rape in the first and third degrees, and criminal sexual act in the first degree. Commenting on […]

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"I Want To Know What I Can Say": Trump Rehearsing For Questions In Mueller Probe

The question of whether President Trump will sit down with special counsel Robert Mueller seems to have been answered, as President Trump’s attorney Rudy Giuliani reportedly told NBC News White House correspondent Kelly O’Donnell that he and President Trump have been rehearsing both “in person and by phone” and that President Trump said “I want to know […]

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Brazil Commodities Slammed As Nationwide Strike Intensifies, GDP Estimate Down 38%

Brazil’s nationwide truck driver strike has entered its 10th day Key exports have been severely affected, from beef and soybeans to coffee and cars Bloomberg cuts GDP growth estimate from 3.2% to 2%, a decline of 37.5% Concessions made to truckers will cost the Brazilian government 14.4b Real (US$3.85 Billion) throughout the remainder of 2018  Lower GDP may […]

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Euro Crisis Returns With A Bang: Stocks Crash In Frenzied Liquidation Panic

And there it went… To summarize: Italian 2Y Yield biggest spike ever Italian risk curve inverted Italian ‘redenomination risk’ record high Spanish 2Y bond yields spike to 2Y highs Spanish ‘redenomination risk’ record high EU banks crash 11% in last 4 days to 18-month lows US banks plunge 4% to 6-month lows VIX back above […]

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Simon Black On The Most Interesting Way To Buy Gold Today

Authored by Simon Black via SovereignMan.com, [Editor’s note: In today’s Notes from the Field, I want to share an excerpt from our premium intelligence – Sovereign Man: Confidential. We recently spoke with one of the world’s top gold experts. And he shared a specific gold investment that’s trading near historical lows and is one of the […]

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Disrupting Life: Fifth NYC Taxi Driver Commits Suicide

May saw the fifth NYC taxi driver commit suicide in five months, an alarming trend which is gaining momentum. Yu Mein Chow, a 56-year-old immigrant, living in Queens, was found dead last week, floating down the East River near the Brooklyn Bridge. Seven years ago, Chow financed a $700,000 taxi medallion that allowed him to […]

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How Systems Collapse

Authored by Charles Hugh Smith via OfTwoMinds blog, This is how systems collapse: faith in the visible surface of abundance reigns supreme, and the fragility of the buffers goes unnoticed. I often discuss systems and systemic collapse, and I’ve drawn up a little diagram to illustrate a key dynamic in systemic collapse. The key concepts here […]

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