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Frontrunning: December 27

Post-Holiday Rush: Homeowners Line Up to Prepay Tax Bills (WSJ) World stocks rise as metals surge mitigates iPhone X woes (Reuters) White House Considers Former Bush-Era Economists for Fed No. 2 Job (WSJ) More lawsuits over slowing down of older iPhones (Reuters) Barclays Takes $1.3 Billion Hit From U.S. Tax Bill (BBG) Shell, Barclays Detail […]


41 Million Americans Are Living In Poverty This Christmas

Authored by Michael Snyder via The Economic Collapse blog, Even though the stock market continues to set new record high after new record high, poverty is exploding all over America.  It is being reported that 41 million people are living in poverty at this moment, and 9 million of them do not receive a single […]


Exodus Starts: Millennials Ditch City Life

The urban revival of America’s core inner cities has been a decades-long failed experiment, as deindustrialization coupled with failed liberal policies have created a growing problem of inequality and violent crime. Middle-class advancement was once localized in the core of America’s cities, but that is not so much the case today, as those areas are labeled a […]


This Map Shows Where Millennials Are Buying Houses (And For How Much)

Millennial homeownership rates are essential to understanding the housing market because they facilitate additional home sales for other people. How does this work? As HowMuch.net explains, suppose you make an offer on a house. The current owner is also probably on the market, and he or she likely has a contingent offer on another house. […]


Robots Purge Homeless From San Francisco Sidewalks

As the homeless crisis on America’s West Coast forces many cities to the financial brink, one innovative animal shelter in San Francisco is using a low cost, high-tech robot security guard to shoo away the homeless outside its facilities, the San Francisco Business Times reported. The San Francisco branch of the SPCA (the Society for the Prevention […]


Druckenmiller: “I’ve Had A Terrible Year… It’s Going To Be My First Down Year In Currencies Ever”

With the B in CNBC now officially standing for “Bitcoin”, it was inevitable that Stanley Druckenmiller, the CEO of the Duquesne family office would immediately get a question about the soaring cryptocurrency during his Tuesday interview with Kelly Evans, whose explosive price the Dusquesne asset manager attributed – just like Citi did back in June […]


These 8 Places Around The World Are Actively Preparing For Nuclear War

Authored by Daisy Luther via The Organic Prepper blog, Everywhere, it seems like officials are actively preparing for the possibility of nuclear war. Tensions are high in practically every corner of the world but somehow, despite the proliferation of imminent threats, many people are still blithely unaware of the hell that could be unleashed. Due […]


US Homelessness Rate Rose This Year For First Time Since 2010

Here’s one statistic about the US economy that you probably won’t find in President Trump’s twitter feed. Thanks to a surge in homelessness centered around several large west coast cities, the overall rate of homelessness in the US ticked higher this year, the first increase since 2010, according to a survey from the Department of […]


Moody’s Warns U.S. Office Real Estate At “Cyclical Tipping Point” That Will Devastate CMBS Market

We’ve frequently written about the growing supply problem in the major commercial real estate markets across the country (for example: NYC Commercial Real Estate Sales Plunge Over 50% As Owners Lever Up In The Absence Of Buyers).  Now it seems that Moody’s is also growing somewhat concerned that growing supply, combined with waning demand and […]


Victim’s Testimony Reveals Establishment-Connected East Coast Trafficking Network

Via Disobedient Media Allegations of sex abuse that began with Harvey Weinstein on the West Coast have incrementally shifted towards facets of the political, economic and media spheres of the U.S. Eastern seaboard. A surge in public willingness to come to terms with the stark reality of abuse perpetrated by members of the establishment suggests […]


Pentagon To Deploy THAAD Anti-Missile Systems On West Coast To Protect Against North Korean ICBM Attack

Days after North Korea launched its most advanced ICBM which reportedly can hit a target anywhere in the United States with its 8,000+ mile range, Pyongyang said the U.S. is “begging” for a nuclear war by planning the “largest-ever” joint aerial drill with South Korea, according to Bloomberg. “Should the Korean peninsula and the world […]


Mapping The United States Of Welfare

Via HowMuch.net, When was the last time you stopped to think about how much the government spends on welfare? Most people probably don’t think about it too much, but we bet even for those who do, they don’t know how much their government spends, much less what the money actually pays for. That’s why we […]


54 Things You Didn’t Know About Natural Gas

Authored by Stuart Parnell via OilPrice.com, Every once in a while, I will realize that I have spent way too much time talking about oil, complaining about pipelines, Permania, free money and the impending “End of Big Oil because of Electric Vehicles”. And it’s on those days that my attention turns to oil and coal’s […]


There Have Been 698 Earthquakes In California Within The Past 30 Days

Authored by Michael Snyder via The Economic Collapse blog, Why is the west coast shaking so violently?  According to the latest data from Earthquake Track, there have been 698 earthquakes in California within the past 30 days.  By the time that you read this article, that number will undoubtedly have changed.  In recent days I […]


China Is Testing Weapons That Can Reach The US In 14 Minutes

A secretive hypersonic wind tunnel, nicknamed 'Hyper Dragon', is helping the experts 'reveal many facts that Americans have not found out', one Chinese researcher said in a propaganda documentary… South China Morning Post's Stephen Chen reports that China is building the world’s fastest wind tunnel to simulate hypersonic flight at speeds of up to 12 […]