Vice President Mike Pence on Tuesday reiterated comments he made last week, vowing that the United States would “follow the facts” and “demand that those responsible are held accountable,” for the murder of Saudi journalist Jamal Khashoggi – calling it an “assault on a free and independent press,” reports The Hill.  Pence said CIA Director Gina… Read More

Authored by Mike Krieger via Liberty Blitzkrieg blog, Unbelievably – Rothkopf has the audacity to criticize Trump for having “repeatedly shown great fondness for foreign leaders—even despots and known murderers, human rights abusers and criminals”, while Rothkopf himself is literally a paid agent working to disseminating propaganda for one of the most repressive regimes on the planet, one that does… Read More

With midterm elections just two weeks away, it is the massive caravan of migrants currently headed toward the U.S. border that is garnering most of the top headlines, with their arrival on the US border seemingly well-timed to coincide with Americans going to the polls.  President Trump had been hoping that this caravan would be… Read More

The Dow is down 500 points this morning, practically unchanged for 2018, as all major US equity indices tumbled back below their 200DMAs… Selling has been extreme all day with TICK negative since the open… Remember yesterday’s early bounce? It’s gone…   Having bounced and found resistance at the 50% retracement, The Dow has collapsed… Read More

One day ahead of Tesla’s Q3 earnings which overnight were unexpectedly pulled forward to Wednesday, Oct 24 and shortly after Elon Musk’s twitter account was temporarily locked amid speculation it had been hacked, a bigger surprise hit on Tuesday morning when noted short seller Andrew Leff’s Citron Research reversed its multi-year bearish call on Tesla… Read More

Barely a week after a team of Antifa-affiliated vandals defaced a New York City Republican club, two young men were caught on camera vandalizing the Bakersfield, Calif. office of Andrew McCarthy, the House whip and second most powerful GOP leader in Congress. According to the Daily Caller, which cited a post on McCarthy’s Instagram, McCarthy… Read More

Update: the gloves are officially off, with Europe not only telling Italy to revise its budget, but threatening it may impose disciplinary action on the Mediterranean nation: EUROPEAN COMMISSION REJECTS ITALY’S DRAFT 2019 BUDGET, ASKS FOR REVISED PLAN IN THREE WEEKS DOMBROVSKIS SAYS ITALIAN GOVERNMENT IS OPENLY AND CONSCIOUSLY GOING AGAINST PAST COMMITMENTS MADE ON… Read More

“Fortress balance sheets?”…  “It’s different this time”… “Greatest economy ever.” If all of that is true, then why are the stocks of the most systemically important banks in the world collapsing?   And the banking collapse is leading global stocks lower – probably not coincidentally as global central bank balance sheets contract…   As The… Read More

Hours after Turkish President Erdogan demanded that Saudi Arabia disclose the whereabouts of journalist Jamal Khashoggi’s remains, body parts reportedly belonging to Khashoggi have been found, according to Sky sources, though the exact location wasn’t revealed. According to anonymous sources cited by Sky News, the writer had been “cut up” and his face “disfigured.” One… Read More

The earnings disappointments continue with CAT and 3M the latest to add to fears about “peak earnings” after 3M not only missed Q3 earnings but slashed its full year EPS guidance, while CAT warned about rising material and freight costs. Starting with 3M, the multinational conglomerate reported 3Q EPS $2.58, which while a 10.7% increase… Read More

Turkish President Erdogan’s didn’t quite deliver on his promise to reveal “the naked truth” in the killing of Saudi journalist Jamal Khashoggi during a speech on Tuesday before the Turkish parliament, though he did raise important questions while providing the most detailed public statement yet on the killing, which corroborated several anonymously sourced reports that… Read More

Yesterday morning, Morgan Stanley declared that the “dead cat bounce is over. One day later, the bank’s thesis was confirmed with global markets a sea of red on Tuesday, as a violent rout in Asia carried over into Europe, slamming tech and industrial stocks, and crossing the Atlantic, sending US equity futures retesting the lowest… Read More

An employee of billionaire investor George Soros discovered a bomb placed in a mailbox at Soros’s Westchester County home on Monday. The explosive device was later “protectively detonated” by an FBI bomb squad after the employee moved it to a wooded area.  According to the New York Times, federal and state law enforcement officials responded… Read More

Saudi Arabia’s Future Investment Initiative kicked off on Tuesday despite reports that one of its most high-profile guests, Softbank’s Masayoshi Son, has decided not to speak at the event (though he will reportedly still attend and hold meetings on the sidelines). However, the event was overshadowed by remarks from Turkish President Recep Tayyip Erdogan, who… Read More

Authored by Mike Shedlock via MishTalk, Italy, on the Euro, has a currency that is 9% too high. Germany, on the Euro, has a currency that is 11% too low. There was much discussion last week about the US Treasury report that determined China was not a currency manipulator. However, there are six countries on… Read More

Aside from Saudi Arabia, the other long forgotten about Middle East autocratic ally of the United States known for arresting journalists, authors and activists is President Abdel Fattah al-Sisi’s Egypt.  On Sunday Reuters reported that police arrested author Abdul Khalik Farouk for a writing book criticizing the government’s handling of the economy. Egyptian authorities further seized copies of… Read More

Authored by Tom Luongo, “Here’s where we hold ’em by the nose, and kick ’em in the ass”— Patton If you ever want to know who’s losing an argument simply look at who’s doing the most threatening.  Not who’s shouting the loudest or who’s the angriest, but who is threatening. Those who threaten are doing… Read More

Following the significant expansion of United States Africa Command (AFRICOM) forces throughout the African continent over the past half-decade, Russia is playing its own hand at advising indigenous forces while increasing its military footprint in central Africa.  At the end of last week Russia announced it would be significantly expanding its military advisory role in the Central… Read More