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Back at the start of the year, when the market was plunging every day and I had the time and mental energy to devote myself to topics besides charts, I wrote this post called My Presidential Election Prediction. The core thesis was, “Status Quo means Hillary. Financial Mayhem means Bernie. Fear means Trump.” So far, it […]

Authored by Art Berman Another False Oil Price Rally: Crossing A Boundary The oil-price rally that began in mid-February will almost certainly collapse. It is similar to the false March-June 2015 rally. In both cases, prices increased largely because of sentiment. As in the earlier rally, current storage volumes are too large and demand is too weak to sustain higher prices for […]Read More

One of the more surprising market developments of 2016 has been the violent obliteration of those who had taken part in the biggest consensus trade of 2015, namely long the USD. As the Fed finally admitted earlier this week, the US economy is sputtering and is woefully incapable of handling 4 rate hikes, or 3 […]

Submitted by Bill Bonner of Bonner & Partners (annotated by Acting-Man.com’s Pater Tenebrarum), Dow up again yesterday! According to Wall Street analysts, investors were front running a non-event. The Fed is in a credit “tightening cycle”, but without the tightening. On Wednesday, it announced it was leaving short-term rates unchanged at 0.5%. (One was already […]Read More

Violence at a Trump rally? Hardly unexpected. However, make that violence between by a black Trump supporter who unloaded on an abusive, KKK-dressed, Hitler-saluting white protester who was being escorted out of the building, and the absurd shock value suddenly evolves to such surreal proportions one would expect a Salvador Dali portrait of Trump in […]

The Nigeria Copyright Commission (NCC) on Saturday in Enugu seized illegal broadcast and transmission devices valued at about N3.5 million. The seizure was made when the Anti-Transmission Piracy of the commission raided spots for the devices at Obiagu Road, Achara Layout and Ogui area of the city. According to Augustine Amodu, NCC’s Director of Enforcement, […]

The Federal Government has procured 73 motorized oil palm harvesters to ease the suffering and loss that the farmers experience during harvest. It would also and aid in providing quality and world standard palm oil. Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, announced this when Oil Palm Growers Association (OPGAN) paid […]

Last week, one day before the Fed unleashed a statement that stunned Wall Street by its dovishness and admission that the Fed had been far too optimistic on the state of the US (and global) economy, when it slashed its forecast on the number of rate hikes from 4 to 2, we said that “while […]

Submitted by Mac Slavo of SHTFplan Trump Video From 25 Years Ago Will Shock You: “I’m Tired of Seeing This Country Ripped Off” The Donald has completely taken over the news cycle. His path of victory after victory in GOP primary states has the establishment freaking out, and every major media outlet scrambling for a […]

As a string of suicide attacks on Ankara and Istanbul have made abundantly clear, Turkey is in a state of turmoil. In fact, one might fairly say that the country has descended into outright chaos. Today’s bombing of Istiklal Caddesi was just the latest tragedy to strike one of Turkey’s urban centers. Images from the […]

Fresh off a characteristically controversial performance at a Friday night rally in Utah where the GOP frontrunner questioned whether newfound nemisis and self-styled party elder Mitt Romney is “really a Mormon,” Donald Trump is set to speak in Arizona today and protesters are now blocking traffic on a highway.  As a local ABC affiliate reports: […]

Submitted by Roger Barris of Economic Man, by way of Acting-Man A Lack of “V” After the February jobs report, President Obama said “America’s pretty darn great right now.”  He then went on to disparage the “doomsday rhetoric” of the Republicans, which he said was pure “fantasy. I think that there is a good chance […]Read More