There is no doubt in my mind that the globalist elites are trying to wreck the economy by talking it down. Endless bad news wherever they can find and then this happens. OOOPS! no one told the businessmen and factory managers that they weren’t supposed to hire anyone because ORANGE MAN BAD!!!
Hiring is a forward looking, leading indicator. The boots on the ground aren’t listening because GREED IS GOOD. We may soon run out of workers tho, as the pool of available workers shrinks. It’s been shrinking for almost 3 years now.
And then, they forgot to tell the consumers about the DOOOMMM!!!! Meanwhil, the consumers (workers) are taking home more money.
Consumer sentiment remained unchanged in late July from the mid-month reading, with all component questions showing only small and offsetting changes. Economic confidence has been remarkably stable since the start of 2017, despite ongoing trade uncertainties. The resilience displayed has been primarily due to a renewed sense of personal financial optimism. Indeed, recent surveys have recorded the most favorable net personal financial expectations since May 2003 (see the chart). Positive job and income prospects, gains in net household wealth, and low inflation have bolstered optimism. At present, consumers do not anticipate a rapid acceleration in income growth rates, nor do they expect significant changes in inflation and unemployment rates. Consumers have not ignored mounting policy uncertainties as they have begun to take precautionary measures to increase savings and reduce debt. Favorable buying attitudes toward homes and vehicles have significantly receded from their cyclical peaks despite declining interest rates. A key issue is whether the recently announced tariffs on Chinese imports, covering more commonly purchased consumer items, will spark an even more cautious outlook. Aside from its direct impact on spending, the much more important issue is how much it lessens overall consumer confidence.
PMI is still positive.
All of the news is about the stock market and esoteric yield curves. There is some academic thought that the yield curve inversion won’t hold up in low interest rates. but I won’t bore yinz to tears with that. Also, this is driven by foreign demand for US dollars. The US economy is seen as the best bet in the whole world.
The overnight pre-markets are all positive as of right now. I didn’t touch any of my investments becasue I simply do not beleive that we are headed for a recession..2 consecutive quarters of negative GDP growth. This is the big bet…retirement money.
Another good man is facing his three judges. This was a total ‘fit up’ from the beginning as the Melbourne Masonic fraternity including very senior Police and Judges sold Pell down the river. Now there are wicked Catholic cardinals and bishops aplenty but George Pell wasn’t ‘t one of ’em! In face the was cleaning the corruption out of the Vatican Bank and had in the past cleaned out the homosexual mafia in both the Melbourne and Sydney archdiocese. Needless to say he was a marked man.
Faced with three Appeal Court Justices the Prosecutor totally fell to bits and couldn’t string two lucid words together during the Apeals hearings.
Pray for Geoge Pell on 21st of the month when the Justices come down with their deliberations.
https://www.lifesitenews.com/news/breaking-cardinal-pell-appeals-verdict-to-be-livestreamed-august-21
Bugger Just got burglarised. My daughter’s place having a refurbishment. Stripped bare having floors sanded and sealed. Locker garage full of her stuff and her new flatPack kitchen. They broke into the garage through a window and stole ~ $2 K worth of flat pack kitchen units awaiting the floors being prepared. No contents insurance because there no contents yet. Flat-Packs aren’t covered in the house insurance because they aren’t yet part of the house! Police Forensics did a fuck all’ quick once over VERY lightly. They wouldn’t have even dusted the door knob except that I INSISTED!
Fuck !
@ Aussie Infidel:
oh man!
@ Aussie Infidel:
find them. take care of it yourselves.
It’s a very exciting day on the market so far, Walmart is everybody’s hero.
And Bibi decided he doesn’t need this bullshit.
Confirmed: Netanyahu to Block Ilhan Omar, Rashida Tlaib from Entering Israel
https://www.breakingisraelnews.com/135406/netanyahu-blocks-ilhan-omar-rashida-tlaib-from-entering-israel/
I’m going back to bed.
@ Aussie Infidel:
Sounds like the resounding efficiency of our local police forces. They seems to do a great job with traffic stops and major crimes, but fail miserably when it comes to what they deem minor crimes. Or as the really call them “victimless crimes”. This isn’t by inability, it’s strictly by design!
@ eaglesoars:
Smart man!
furhter proof that soccer is for socialists
https://www.cnbc.com/2019/08/15/the-uswnt-left-mediation-with-us-soccernow-the-suit-may-go-to-trial.html
you will get paid the same as the men as soon as you bring in as much $$$ as the men.
this is yet another reason why i despise soccer down to my marrow. what these women are trying to do is communism, plain and simple.
AS i have argued earlier:
https://www.citizenfreepress.com/breaking/philly-residents-harass-throw-object-at-police-during-shootout-stunning/
this will get memory holed
fear mongering and sabotage is failing
https://www.cnbc.com/2019/08/15/the-yield-curve-doesnt-necessarily-mean-a-recession-will-happen.html
@ Aussie Infidel:
We’ve been broken into twice while at work. So they hung around and did petty damages to possessions as well as taking anything that could be re-sold. It left us creeped out because it felt like a violation. So, very good that your daughter wasn’t living there and coming home to damages. We got more careful about the types of locks used, and put bars on the basement half windows. We had insurance, but it took a while for the creep factor to fade.
There was a closet sized nook in the basement. We got a safe for valuables. Clever hubby even built a sliding bookshelf to make the wall look flat where the safe was hidden. The pullout shelf he devised
meant we didn’t have to take out all the books each time we wanted to get to the safe.
Most burglars want to be in and out quickly. They would never have seen where the loot and papers were stored. Safety deposit boxes are OK too, but with busy lives there wasn’t time to run to the bank if you needed a piece of ID or wanted to wear a bracelet.
The police didn’t bother except to file a report and tell us to get a dog. Safety first. That’s life in the big city.
As far as shiny yellow stuff, it’s small, but we ended up vaulting it through the dealer. There really is no such thing as anonymity these days anyway and our retirement fund can be insured. Toronto has always been bad for property theft even before the vast increase in drug use.
@ eaglesoars:
Did you see the vids of Rashida? She acts like a rabid kangaroo hopping around and screaming. I wouldn’t let her near a Jewish population. Same with nutjob Omar. Thugs who get off on hatred. They would incite an ‘incident’ pre-planned. Bred in the 7th century bone.
coldwarrior wrote:
The person I really like is Rick Santelli who they interview from Chicago. You could be a CNBC regular except for the lying parts.
@ yenta-fada:
🙂
@ yenta-fada:
That was my experience living in Ireland. Half of my colleauges were victims of home or car break ins within one year.
@ coldwarrior:
Get rid of title IX. For the children!
Aussie Infidel wrote:
My local police won’t even send out an officer anymore for burglary.
State of MT just redefined top income bracket as starting at single adult 17,900 annual. So, when the left talks about taxing the rich, this is what they mean.
https://newstalk955.com/congratulations-you-are-rich/
I hope this is true. Not least because it’s so outrageous. I can hear heads exploding already.
Trump thinking about buying – Greenland?
https://www.dailywire.com/news/50701/trump-considering-buying-worlds-biggest-island-hank-berrien
coldwarrior wrote:
IMO, Fox Business committed journalistic malpractice the other day when they raised the screaming headline about how a leading indicator that is “100% accurate” in predicting recessions had been reached — the yield curve inversion. They then breathlessly claimed how recessions always followed this indicator, one time it had predicted the recession 24 months in advance. Wait. What?! 24 months in advance? That’s not an indicator, that’s a case of something that happens some time after the first thing with no correlation between the two Yeah, I can say that my tripping over the bathroom rug is an indicator of an impending recession if I set the time horizon to some silly number of months or years.
@ eaglesoars:
Just the heads exploding factor is enough. But the opportunities are good too. … and imagine if global warming really is true, people can start homesteading. Get your claim staked out early! /s
AZfederalist wrote:
… and I can see the left jumping on that. “Trump knows global warming is true and is trying to exploit what will happen in the future!”
eaglesoars wrote:
DO IT!!!!
@ AZfederalist:
If I went into my applied statistics MS defense with the yield curve thing. I would had been asked to leave the program.
Baby steps
https://www.judicialwatch.org/press-releases/judicial-watch-victory-federal-court-orders-maryland-to-produce-voter-registration-list-data-to-judicial-watch/?utm_source=&utm_medium=&utm_campaign
today at the White House during a photo op Trump said (twice) that this is “the calm before the storm”, and the news media is wondering what in the world he meant.
The president did not elaborate.
@ AZfederalist:
@ coldwarrior:
I doubt it will happen, Denmark won’t give it up. They fought us tooth and nail on Thule air base.
Dad had to fly there a couple times during the war for some reason I don’t remember. I think it was after he got home from England so maybe he was delivering aircraft. It was during their ‘night season’ and he said it was pretty grim.
On the other hand…minerals?
rain of lead wrote:
I believe that was what’s known as “trolling”…
rain of lead wrote:
I’d like to believe it’s Barr about to drop the hammer, but I don’t.
nite.
For coldwarrior, with regards to acoustic or electric guitar.
https://www.youtube.com/watch?v=37AULidmKDE
@ eaglesoars:
https://twitter.com/MarxxxJ/status/1162183375119159297
@ doriangrey:
I checked. They’ve got about 50k people and they fish. Sleepy place. SnoCones would be a thrill.
So while I was on twitter, I found that Slate got hold of the recording of the NYT staff meeting.
You’d have to have a heart of stone not to laugh. It’s ALL racism.
https://slate.com/news-and-politics/2019/08/new-york-times-meeting-transcript.html
@ doriangrey:
In 1979, everything was sounding the same, unless you ventured out into the wilderness of roots music.
40 years later, everything is sounding the same again, unless you venture out into the wilderness of roots music.
eaglesoars wrote:
Already begun the process. Apparently the gangs use
spotter teams’ of kids on push bikes to report houses being refurbished. The Process is like a military exercise. The recon is carried out, The initial hit takes most of the ‘heavy units that are loaded into a van. The remainder are left covertly stacked on the property waiting for the follow up often the next day. Fortunately we discover the burglary between the initial and the return visit. 90% of the units have already been re-purchased as the installer is due next week. The glass had been reinforced with 1/2 inch ply nailed to the frames.
WE were the third house targeted 2 days ago. Exactly the same MO and the same type of flat pack stuff stolen.
BASTARDS
yenta-fada wrote:
Best to keep it as Eagles or Maple Leaf, or Soverigns. If you must keep it off site then go with a secure Safety Deposit Box run by a reputable operator and NOT in the safe of a precious metals dealer. These guys are some of the shiftiest types that you can imagine. GO INDEPENDENT with your secure storage if you can’t afford to store it yourself.