JAN 19 17 SIT EC y POL
ZERO HEDGE, BLOOMBERG & WS-J
ECONOMICS
1.74mm people were 'continuing'
to claim jobless benefits before Donald Trump was elected. In a
mysterious fluke of statistical smoke and mirrors, that marked the absolute
trough in the data series - showing just how awesome the economy was for
Hillbama. Last week's 2.46mm print for continuing claims suggests (while
seasonal aspects are at play), over 700,000 more people
are now claiming unemployment benefits than before Trump was elected.
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Bloomberg
is blaming a "computer-guided sell program" as US equities are
tumbling, sendiong The Dow into the red for 2017...
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Gold remains 2017's big winner,
Crude the big loser and The Dow in the red...
In fact The Dow and Small Caps
are now red YTD...
Intraday saw a notable spike in
VIX and dump in stocks...
Which was reflected in the biggest
negative TICK of 2017 (and 2nd biggest since the election)
SEE ALL GRAPHS AT: http://www.zerohedge.com/news/2017-01-19/trumphoria-fades-dollar-down-stocks-down-bonds-down-banks-down-oil-down-gold
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There is
much we don’t know about how the Trump presidency will play out. But of one
thing we can be fairly certain. President Trump is very likely to preside over
the largest expansion of Federal budget deficits in our history.
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On Obama's last day in office, total Federal debt was some $39 billion
below the key "psychological level", clocking in at precisely 19,961,467,137,973.64.
This means that both "Dow 20,000" and "Debt
$20,000,000,000,000" accomplishments will belong to Trump.
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If this type of panic buying, which can empty the shelves of a major
box retailer like Wal-Mart in just a few hours, is so common place even in the
event of a minor, predictable weather event, then what will happen when a serious crisis like a
severe economic crash or an escalation of global conflict breaks out?
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The CIA recently released a series of declassified 1970s memos relating
to the gold market and the newly created SDR. These
memos give new insight how the CIA viewed the gold market, the perceived
manipulation of gold and the potential for the SDR to become a gold substitute
in the international monetary system.
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John Connally, President Nixon’s
Secretary of the Treasury, once remarked to the
consternation of Europe’s financial elites over America’s inflationary monetary
policy, that the dollar “is our currency, but your problem.” Times have certainly changed and it now appears
that the dollar has become an American problem.
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Half a world away at the World Economic Forum
in Davos, Switzerland, Nobel Laureate economist Joseph Stiglitz made remarks earlier this week that the US should "get rid
of currency." Physical cash means there is no one else standing
between you and your savings. But
Professor Stiglitz and his colleagues don’t want that. They want a
massive, centralized bureaucracy to have control over your savings.
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"[Trump's comment] was meant to be that
perhaps in the short term, the strength in the currency as a result of free
markets and people wanting to invest here, may have had negative impacts on --
on our ability in trade."
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Many more students have defaulted on their college loans than the U.S.
government previously revealed. This stunning admission
came last Friday, when the Education Department released a memo revealing that it had overstated student loan repayment
rates at most colleges and trade schools. The explanation? the problem resulted from a "technical
programming error."
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According to a report from The Hill this morning, President-elect
Trump's transition team is already working with career staff at the White House on plans to slash federal spending with significant cuts expected to the
budgets of the Department of Commerce,
Energy, Transportation, Justice and State, among others, totaling $10.5 trillion over 10 years.
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POLITICS
For the past eight years, Barack Obama has been using the power of the
U.S. presidency to impose his vision of
a progressive world order on the entire globe. As a result, much of the planet will greatly celebrate once
the Obama era officially ends on Friday.
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"I am totally sick of fake-patriot, warmonger as*holes like senators
John McCain, Tom Cotton, and Lindsey Graham... The US will be better off and
the world will be safer the minute they
retire."
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Washington
D.C. has been turned into a "virtual fortress" as 28,000 security
personnel and miles of fencing, roadblocks, street barricades and sand-laden
dump trucks have been called upon to defend the inauguration from 250,000 protesters looking to cause chaos.
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"With today’s action, the President has granted more commutations than
any president in this nation’s history and has surpassed the number of commutations granted by the past 13 presidents
combined."
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WORLD ISSUES and ME
"There’s never been a better time to be alive, and yet we feel so glum. So many people feel anxious. So many people feel that this is
one of the most dangerous times."
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“We think it would be the right thing to invite
the representatives of the UN and the
new US administration to the meeting,” Lavrov had said on
Wednesday, at a press conference summing up the results of Russian foreign
policy in 2016.
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A mixed bag of crude draw and gasoline builds from API combined with
IEA comments on rising US Shale output offset by Saudi jawboning about more
production cuts possible has pushedoil green before today's DOE data. However, oil prices tumbled when DOE printed an unexpected 2.347mm barrel crude build (1mm
draw expected) and another major build in gasoline inventories. US crude
production remains at 9-month highs.
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DEMOCRACY NOW
On
Final Day of Obama Presidency, a Look at His Mixed Legacy & the Rise of
Neo-Fascism in Washington
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GLOBAL RESEARCH
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INFORMATION CLEARING HOUSE
Are U.S. intelligence
agencies laying the political groundwork for forcing Trump from the Presid?
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Donald Trump is ready
to take an ax to government spending.
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[[ The collision between two evil oligarchical forces .. has
nothing to do with the left ]]
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Obama refers to “The
DNC emails that were leaked”. Note “leaked” and not “hacked”
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Edward Snowden Talks About FBI's COINTELPRO,
CIA's MK-ULTRA And Black Lives Matters
VIDEO : Snowden talks about the history of intelligence agencies and some notable whistleblowers
VIDEO : Snowden talks about the history of intelligence agencies and some notable whistleblowers
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Our very elected
representatives – who took an oath to preserve, protect and defend the
Constitution – instead perverted it
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It still treats all
non-Jews as a threat, as an enemy.
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COUNTER PUNCH
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Mike Whitney The
Trump Speech That No One Heard
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SPUTNIK and RT SHOWS
IS the MIC GETTING
READY FOR “TRUMP” & ZIONIST WARS?
US Launches Rocket To Detect and Defeat Missiles From Space https://sputniknews.com/world/201701201049795983-us-launches-rocket-missiles-space/
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Pentagon in Pursuit of Enhanced F-35 Cyber Protection https://sputniknews.com/military/201701201049795790-pentagon-pursuit-enhanced-f35-cyber/
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Defending from Outer Space? Israel Introduces Arrow-3 Missile Interceptor System https://sputniknews.com/military/201701201049792056-israeli-arrow-missile-defense-space/
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Plane Transporting Brazil Supreme Court Magistrate Crashes Near Rio de Janeiro https://sputniknews.com/world/201701191049791374-brazil-crash-supreme-court-judge/
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RT SHOWS
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Redacted Tonight MISS IT
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NOTICIAS IN SPANISH
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Discusiones sobre la tragedia siria Claudio Katz
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La tecnología y el poder neoliberal Norma Estela Ferreyra
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Cada día más claro: ¡el sionismo
debe desaparecer¡ Pablo
Jofré Leal
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Keiser
report 1021 "El capital va donde mejor se
aprovecha la mano de obra más barata"
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PRESS TV
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Obama
blasts Congress for blocking Guantanamo closure
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‘400k Syrian child refugees in Turkey out of
school. UNICEF
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Pentagon, Lockheed to sign major F-35 main
profiteer of wars
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‘Syrian
forces encircle water-rich Wadi North West Damascus
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