150924 – What’s With the Horns?

Today’s Items:

Bull Market is Over

Whether it is the Euro Stoxx 600 or the S&P 500, this bull market is unraveling because it was built on easy money with interest rates at near zero percent for years. This artificial situation resulted in reckless speculation on a multi-trillion dollar scale. In fact, the Russell 2000 index, which feels economic problems before the giant companies, has been in a clear downtrend since June.

Fed Facade Fails

From a financial market psychology standpoint, it is very important that central bankers don’t appear clueless; however, after receiving the umpteenth excuse as to why interest rates still cannot be raised, the Fed is in danger of losing whatever “credibility” it has left. When the facade finally fails, will we find out that polices have been made from Ouija boards and chicken entrails?

No Growth

The global economy sliding into recession and paid pundits can no longer claim corporate profits are fine. The S&P 500 is set to decline every single quarter of 2015 compared to the previous year. In short, the U.S. is officially in a revenue recession.

Nation of Renters

A record number of households paid more than 30% of their income for housing with 20.7 million renter households paying 49%. In addition, since 1967, the U.S. homeownership has tumbled to 63.8%. If this keeps up, people will be buying tree houses.

FBI Refuses to Cooperate

The FBI refused to cooperate with a court-ordered inquiry into Hillary Clinton’s email server. Between this and the State Departments actions on this matter, it is looking more like a banana republic with too many potential conflicts of interest.

The Enemy

In a recent Gallop poll, the following was revealed about Americans…
1. 75% think the U.S. government is corrupt… Well Duh!
2. 49% think the U.S. government is an immediate threat which means 51% are drinking too much Kool-Aid.

USDA Hijacked

Fears are mounting over the corporate-owned USDA’s organic certification process. For example, seats on the board to decide what is organic that were to be filled by farmers are going to corporate representatives. Gee, I’m shocked!


What is it with Obama and his just coincidentally being pictured with horns? First, last September during his ISIS speech and now with the Pope. Between this and those flies around him, it makes you wonder.

Finally, please prepare now for the escalating economic and social unrest. Good Day!

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