Remember something, friends.....the last 2 times the Fed began a cutting cycle (2000, 2007) it marked the bull market top....and did NOTHING to stop the markets from falling much further. If the Fed is cutting soon, it is a bad thing, not a good ...

Fed Likely to Consider Half-Point Move If and When It Cuts Rates

Sentiment back down to the 4Q 2018 lows. Yet risk assets significantly higher than they were back then. Buy gold.

The ZEW Indicator of Economic Sentiment Stands at minus 21.1 points

EU ZEW economic sentiment data -20!!!! Crude oil just gave back the entire Draghi pop in 5 minutes. Central Bank jawboning has run it's course.

Draghi: Twenty Years of the ECB’s monetary policy

Watch positions closely....bunch of EU data dropping in 20 minutes

Draghi: Twenty Years of the ECB’s monetary policy

Because the USD has the "exorbitant privilege" of being the world's reserve currency....for now.

Draghi: Twenty Years of the ECB’s monetary policy

Draghi: "But the remaining institutional weaknesses of our monetary union cannot be ignored at the cost of seriously damaging what has been achieved." ------------------------------------- That sentence doesn't exactly exude confidence in the EU.

Draghi: Twenty Years of the ECB’s monetary policy

From Draghi's speech: "Looking forward, the risk outlook remains tilted to the downside, and indicators for the coming quarters point to lingering softness. The risks that have been prominent throughout the past year, in particular geopolitical ...

Draghi: Twenty Years of the ECB’s monetary policy

This is what I've been warning people about.....Iran is NOT Iraq....they are backed by China and Russia (at least with weaponry)...a war with Iran will cause brutal loss of life. I think a lot of this has to do with the Chinese petroyuan contract, ...

China warns against Mideast 'Pandora's box' after US troop deployment

"In the new normal" translates to "in this ponzi economy that we currently live in"

Moody's: Fed will increasingly rely on balance sheet management

-50 year lows in unemployment -stock markets within 3% of all-time high in the history of the United States -So much money sloshing around that massively unprofitable fake meat company IPOs rising 400% in 3 weeks after IPO -1 trillion dollar annual ...

Fed to signal cuts are coming

“Despite lower mortgage rates, home prices remain somewhat high relative to incomes, which is particularly challenging for entry-level buyers..." Cutting rates will make this problem much worse.

Builder Confidence Solid in June Amidst Growing Economic Uncertainty

Because speculators are expecting more welfare in the form of rate cuts. They won't get it though, and markets will be down hard during FOMC.

Empire State Manufacturing Survey

Markets 3% off all-time highest price recorded in US history. Unemployment still at 50 year lows. Most recent CPI reading showing inflation expectations of 2.2% for the next 5 years forward. No need to cut rates.

Empire State Manufacturing Survey

From Empire State survey: "general business conditions index plummeted twenty-six points, its LARGEST monthly decline on record" url

Empire State Manufacturing Survey

Negative 8.6!!!! Lowest reading since 2016....US in a recession despite running trillion dollar annual deficits...look out below!!!

Empire State Manufacturing Survey

Recession in Germany already, and Trump hasn't even imposed auto tariff yet. Buckle up folks.

Bundesbank: German Economy To Contract Slightly In Q2

-US stock market is 2% off the all-time high recorded in human history. -US unemployment is at the lowest level since the 1960s. -IPOs of Fake-meat companies and online pet stores are seeing their market caps increase by 400% in 3 weeks following ...

The Fed may break a lot of stock-market investors’ hearts next week

Dollar ripping. No need for rate cuts in 2019.

U.S. retail sales rise in May; April revised higher

Sell GBP, sell EUR on the realization that the loonies are now running the asylum.

Boris Johnson gets 114 votes in first round of leadership contest

Damaged Tank Front Altair Has Sunk In The Gulf of Oman – RTRS Citing IRNA

United States 5th Fleet: Two Tankers Damaged In Sea Of Oman Incident