Fourth Carcinogen Found In "Widely Prescribed" Blood Pressure Medicine

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A fourth cancer-causing compound was found in widely prescribed blood pressure pills, according to a new report by Bloomberg. The solvent dimethylformamide was discovered in the drug valsartan, manufactured by several companies including Novartis, by an online pharmacy, Valisure. The solvent, also known as DMF, is classified by the World Health Organization as a probable… Read More

There Is Now A Real-Time Index Of US-China Trade Deal Odds

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About a year ago, Jerome Powell was widely seen as the most hawkish Fed chair in years, perhaps decades, as a result of his determination to hike rates no matter what the macro environment looked like, eventually launching the great Q4 selloff with his comment that the fed funds rate is a “long way away… Read More

"We're All Socialists Now!"

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bernie sanders1

Via, Despite being probably robbed of the Democratic Party’s nomination by the Clinton political machine, the success of the Bernie Sanders’ 2016 campaign with his advocacy of “democratic socialism” was an ominous sign of things to come and, in some sense, more telling of the political climate than Donald Trump’s improbable victory in November,… Read More

They're Calling It A "Bloodbath" For The $800 Billion Trucking Industry As US Economy Collapses

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Trucks Public Domain

Authored by Michael Snyder via The Economic Collapse blog, The U.S. trucking industry has not experienced a downturn of this magnitude since the last financial crisis, and this is one of the clearest signs yet that the U.S. economy is steamrolling into a severe economic downturn.  <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> When economic activity is increasing,… Read More

Curve Sanity (Updated)

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ABOOK June 2019 EuroD Curve 6 30 17

UPDATED for imminent rate cuts and latest FOMC statement (June 19) Rate cuts will be insurance against whatever “trade wars” will throw at the global economy. That’s the current line from monetary officials in the US, anyway. The real question to ask is, how would they know? Starting with trade wars. Is that really what’s… Read More

8 Reasons A Huge Gold-Mania Is About To Begin

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180921 gold dollars

Via, An epic gold bull market is on the menu for 2019. <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> I’m not talking about a garden-variety cyclical gold bull market, but rather one of the biggest gold manias in history. This gold mania will be riding the wave of an incredibly powerful trend… the re-monetization of gold.… Read More

5 Things You’re Probably Spending Too Much On…

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This post 5 Things You’re Probably Spending Too Much On… appeared first on Daily Reckoning. When planning on how much to save for retirement, you first need to know how much you’ll spend. The general rule is that you’ll need 70% to 80% of your pre-retirement income to maintain your standard of living. However, a… Read More

Dear Central Bankers: Prepare to be Swept Away in the Next Wave of Populism

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inequality NYT8 17a

The political moment when the “losers” connect their discontent and decline with central bankers is approaching. The Ruling Elites’ Chattering Classes still haven’t absorbed the key lesson of the 2016 U.S. presidential election: the percentage of the populace that’s becoming wealthier and more financially secure in the bloated, corrupt, self-serving Imperial status quo is declining and… Read More