Here's Why So Many American Families Are Feeling Extreme Financial Stress
Submitted by Michael Snyder via The Economic Collapse blog,
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White House Blasts "False" AP Report That 100,000 Troops Will Round Up Illegal Aliens
AP reported that according to a draft 11-page memo, the Trump administration is considering mobilizing as many as 100,000 National Guard troops to round up illegal immigrants. However, the White House quickly slammed the agency’s report is “false." In yet another leak-counterleak example of "spot the fake news" , moments after the AP report hit, the White House denied everything
S&P Futures, Global Stocks Slide As European Political Fears Return; Gold Jumps
S&P equity futures followed Asian and European stocks lower, driven by weakness in Franch and Italian markets, as French political concerns returned; the pound tumbled after UK monthly retail sales unexpectedly dropped pushing the dollar higher and Euro lower.
Why Sub $50 Oil Is More Likely Than $70 Oil
Submitted by Arthur Berman via OilPrice.com,
It is more likely that oil prices will fall below $50 per barrel than that they will continue to rise toward $70. Prices have increased beyond supply and demand fundamentals because of premature expectations about the effects of an OPEC production cut on oil inventories.
Last week’s 13.8 million barrel addition to U.S. storage was the second largest in history. It moved U.S. crude oil inventories to new record high levels.
The Road To Hell Was Paved With College Safe Spaces
Submitted by Mike Krieger via Liberty Blitzkrieg blog,