"On The Beach" 2017 - The Beckoning Of Nuclear War
Paul Craig Roberts writes that the admirable and honorable truth-teller John Pilger warns us that nuclear war is closer than we think.
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U.S. Rent Growth Flatlines As Massive Flood Of New Apartment Supply Finally Takes Its Toll
After a slow and steady march higher in the wake of the 'great recession' nearly a decade ago, a note today from Rent Cafe shows that average rents in the United States may have finally stalled in July at $1,350 per month after posting a paltry sequential gain of just 0.1%.
Rents are still steadily climbing across the country, but that growth is finally slowing – and in a big way. In July, national rents grew a meager 0.1% over the month and just 2.6% from the same period in 2016, according to recent data from Yardi Matrix.
North Korea Responds To Trump Threat, Says It Is "Seriously Considering" Pre-Emptive Nuclear Strike On Guam
Challenge accepted.
If Trump thought that his bluff would be sufficient to finally shut up North Korea, and put an end to Kim's provocative behavior, well... bluff called because North Korea's state-run KCNA news agency reported moments ago that not only did N.Korea escalate the tensions up another notch, but explicitly warned that it could carry out a "pre-emptive operation once the US shows signs of provocation", and that it is "seriously considering a strategy to strike Guam with mid-to-long range missiles."
Fed Abandons "Yellen's Favorite" Labor Market Conditions Index (Because It Just Won't Fit The Narrative?)
Once Janet Yellen's favorite indicator (until it started to turn down, and became just "experimental"), The Fed's Labor Market Conditions Index (a 19-factor smoothed model that has historically correlated extremely well to recession) has been abandoned because The Fed "believes it no longer provides a good summary of changes in the US labor market."
The Fed writes...
As of August 3, 2017, updates to the labor market conditions index (LMCI) have been discontinued.
"It's Barack Obama Marries Dick Cheney" All In One Think Tank
In Russia Sanctions And The Coming Crackdown On Americans we exposed a new project called "Hamilton 68" which claims to monitor 600 twitter accounts in real time, looking for what its creators consider to be overt, covert, as well as "second tier" Russian propaganda. The list of suspected "pro-Russian" twitter accounts is not provided, nor is any rationale given for how an account gets put on the list.