Why I Look at the Dow First


Armstrong Economics Blog/Economics Re-Posted Nov 28, 2022 by Martin Armstrong

COMMENT: Why do you focus on the Dow over the S&P 500 and others?

ANSWER: New analysts claim that the S&P 500 provides a better picture of the markets compared to the Dow. Although the S&P 500 obviously has a larger catalog, the Dow is a direct reflection of international capital flows. Look toward the Dow to see where big money is moving.

The S&P 500 is domestic-oriented, and fund managers and institutions tend to focus on this index. The NASDAQ typically reflects retail, often tech-heavy, and usually does not peak at the same time. Each index offers a completely different perspective. The Dow Jones Industrials is the big money. You will notice that this index leads the way. It is the first out of a key low because it is typically the foreign capital based on currency. You will also notice the Dow tends to top out first because the big money tends to pull out first also due to currency.

Capital is flowing like never before, and the smart money is on the move. Socrates users have access to our capital flow heat map that shows where money is moving in real time. The USD remains the last safe haven, and money is pouring into the US. Look to the Dow for the best international perspective.

New COVID Variant Drama, Anthony Fauci “Not Sure” if States Will Need to Lockdown Schools Again


Posted originally on the conservative tree house on November 27, 2022 | Sundance 

The Joe Biden administration have extended the COVID-19 ‘National Emergency’ through the end of 2023, next year.  This permits all of the government control mechanisms to remain in place; however, the COVID national emergency declaration runs counter to their legal justification for open borders.

In Washington DC the Biden administration is declaring a national health emergency still exists; meanwhile in Texas, the same Biden administration is arguing in court that no national health emergency exists.  To reconcile the conflict U.S. media and White House officials just pretend not to notice, and bizarro world continues accordingly.

Into this blend of COVID propaganda, the White House is now promoting the latest COVID fear variant to stimulate greater population acceptance of booster shots.  Ignoring any adverse health outcomes, western governments are heavily invested in the continued promotion of the COVID vaccine.  Stepping in with the assist for COVID alarm is CBS and Margaret Brennan who asks Dr. Anthony Fauci [Full Transcript Here] if another winter of severe illness and death will lead to a need for more lockdowns. WATCH:

Transcript – MARGARET BRENNAN: More than 100,000 parents last month had to stay home from work to care for kids, according to the Bureau of Labor Statistics. And we’ve seen schools in Ohio, Kentucky, Tennessee, cancel classes because of these large numbers, so coming out of the holidays, should parents expect schools to shut down?

DR. FAUCI: I don’t know. Margaret, I’m not sure. When- when you talk about shutting down schools, there’s always the–

MARGARET BRENNAN: That’s also radioactive.

DR. FAUCI: Exactly. There’s always the collateral issue. So you have to balance, and you do it in real time depending upon the viral load of disease in your region. Whether you know, the upper northeast may be quite different from the southwest, from the- from the- from the Pacific coast, from the upper Northwest. So you have to have the local authorities evaluate on a situation by situation basis, the potential collateral deleterious effects, with the effects of what might happen if you have so many kids getting infected–

MARGARET BRENNAN: Some of these places just didn’t even have teachers–

DR. FAUCI: Exactly. Well, that’s the local decision you’re gonna have to make. It’s a local issue. That’s the thing that gets lost in the discussion. (more)

Leftism is driven by committee advice; it’s how the echo-chambering communal groupthink works.

After the White House COVID “Winter of Death” 2021 messaging was ridiculed and ignored by almost everyone in the general public, the communications team quickly went back to the drawing board.  You can almost hear Ron Klain instructing the team to find ways to avoid the ‘Grinch team‘ labeling.

However, the ordinary emotional disposition of leftists and Democrats, writ large, is depressing, angry and negative, the result from a lifetime of blame casting.  The most valued skillset advancing the career of any professional leftist, is their ability to project victimhood.  If you do this long enough, it becomes the only thing you know how to do.  ‘Hang around a one-legged man long enough, and you will walk with a limp’.

As a direct result, the political left genuinely does not understand or experience joy, nor do they have a connection to the emotion of happiness. So, when the political left gets together in a focus group to discuss the urgent need to shift messaging from pessimism, which turns everyone off, they end up with recommendations like this:

Yes, White House Chief of Staff, Ron Klain, hired dancing nurses in December 2021 to come into the East Room to deliver a performance for the First Lady.  The group sang about the joy of covid, the “winter of death”, and needing to spread a little Christmas cheer.

You might have found the entire performance cringeworthy, because it was.

The messaging was ridiculous, odd and, well, just plain weird.  However, this is what happens when the narrative pendulum swings wildly amid the communications team.  The base of Biden supporters, ideological leftists, do not see the cringe, instead they see COVID-19 as a cute opportunity to express their collective attachment – but that’s also because they have no connection to the emotion of Christmas joy.

CBS’s Margaret Brennan is a performance artist on CBS, much like the dancing nurses pictured above.

Not Just Recession—Massive Economic Shift!


Lee Camp Published originally on Rumble on November 26, 2022 

This is not just a Recession — it is a Massive Economic Shift!

DOJ Once Again Changes Trump Seizure Evidence List Dropping “Empty Classified Folders”, and Continues Refusing to Give President Trump Lawyers the Affidavit Used for Search Warrant


Posted originally on the conservative tree house on November 25, 2022 | Sundance

In a recent court filing [Document Here] President Trump through his legal counsel has requested Judge Cannon to unredact and unseal the search warrant affidavit used as the predicate for the FBI raid on Mar-a-Lago.  Apparently, the DOJ have yet to provide President Trump with the constitutionally required predicate documents to support their search.

Additionally, the DOJ previously leaked to media about “empty folders with classified banners” as part of the evidence cache they collected.  According to the filing the DOJ has since presented three different versions of their evidence collection list, with the most recent list dropping any claims of “two empty folders with classified banners.”

[Source, page 4]

While asking the court to provide the affidavit to the defense team, the lawyers for President Trump are noting the fourth amendment protects everyone against warrantless searches and seizures, and that same protection also guarantees the target the right to receive and review the claimed justification for the warrant.

The unredacted affidavit is obligated to be supplied so that it can be determined if the search warrant was legally valid and predicated.  General search warrants are not legally permitted.  The warrant must specify what is being searched and why.  The DOJ is fighting against this affidavit release.  The Trump lawyers are asking the judge to make a decision.

[Source with complete filing]

The issue of compartmented (siloed) information, specifically as a tool and technique of the aloof DC system to retain control and influence, is a matter we have discussed on these pages for several years.

Quite literally anything can be classified as a ‘national security interest’ in the deep state effort to retain the illusion of power over the proles, ie us. It is the exact reason why congress exempts themselves from laws and regulations written for everyone else.

In this case we are watching the DOJ National Security Division (DOJ-NSD) deny the production of the material that supports the framework of their search warrant.  Again, if Main Justice has nothing to hide, then why are they not willing to stand openly behind the predicate for their search.

Tucker Carlson Accurately Cites the Source of U.S. Inflation, Biden Energy Policy


Posted originally on the conservative tree house on November 26, 2022 | Sundance 

The true cause of inflation, and yes that includes ‘global inflation ‘, is the collective western economic jump into climate change energy policy known as “build back better.”  Stopping the use of oil, gas and coal as the source for cheap energy, has resulted in every element of the inflation now outlined.

As an outcome of their ideology, the central banks of the western economies began desperately to lower economic activity to reduce energy consumption.  The goal was/is to lower human economic activity to the point where windmills and solar farms can sustain it.  Everything else is pretending.  Tucker Carlson finally points this out. WATCH:

Coming out of the pandemic, western oil, coal and gas energy development was blocked.  Immediately energy prices skyrocketed, driving up the costs of everything.  Using the justification of “too much demand” the central banks (including the U.S. Federal Reserve Bank) are raising interest rates to lower the need for energy.

Western political leaders are pretending this is not a collective intention.  However, their prior promotion of the Build Back Better agenda belies their current protestations.

Dr. Robert Malone is Still Fighting


Armstrong Economics Blog/Censorship Re-Posted Nov 25, 2022 by Martin Armstrong

QUESTION:
Message: Dear Martin,


Thank you for all of the insight that you make available to us on a daily basis.  I’m hoping that you might be able to provide an update to your April 5, 2022 blog, “Dr. Robert Malone vs WEF”?  At the time, the good Doctor was in the process of outing the various WEF world leaders and government scoundrels so as to make the list public.  Hopefully this is still in the works and you might be able to provide a timeline and manner in which this important information will be disseminated?
Thank you in advance for your valuable insight and guidance!
KD

REPLY: Dr. Robert Malone is still fighting to expose those responsible for COVID. He has appeared on Maria Zeee’s program many times, often on the same day that I am scheduled to speak. We are fighting for the same cause, with Malone decoding the science as I expose the economic consequences.

Dr. Robert Malone is one of the original inventors of mRNA and DNA vaccines. He holds numerous patents for gene delivery, formulation, and vaccines. He admitted that he originally believed that health organizations such as the CDC and NIH were in place to help the people. He quickly realized that the health organizations are merely government pawns that have been used to suppress and manipulate the people into taking dangerous vaccines.

The MSM crowd attempts to discredit Dr. Malone at every turn. His Wikipedia page (untrustworthy site) has been hacked, his social media accounts were permanently banned, and many major news publications wrote scathing reviews on the doctor for spreading “misinformation” despite him being one of the top experts in his field. “If they can remove my voice, my experience, my expertise – they win,” Malone stated.

Dr. Malone on attempts to silence him:

“The more I have expressed data-based concerns about what is happening with the vaccines, the US Federal and WHO responses, the more I have been censored, defamed, and subjected to various forms of character assassination by big tech and legacy media. I am not alone in being targeted. Mainstream media has attacked and censored me and other prominent physicians/scientists who do not recite the governmental narrative.  This has been developed into a standard process and deployed worldwide as a technique for suppressing physician dissent – quite literally hunting physicians deemed guilty of thoughtcrimes (such as questioning vaccine safety and effectiveness) or of the “sin” of treating patients with lifesaving drugs in an outpatient setting.”

Dr. Malone continues to speak out against vaccinations, and people are beginning to listen to his message.

Meloni Set to Abolish Italy’s Welfare State


Armstrong Economics Blog/Italy Re-Posted Nov 25, 2022 by Martin Armstrong

Italy’s new PM Giorgia Meloni revealed her first economic initiatives with a budget of 21 billion euros. The Italian government will no longer provide free handouts to those who simply refuse to work. This should not be controversial.

For starters, anyone eligible for welfare must actually reside in Italy. Those capable of working will have eight months to find employment before their free paycheck runs out. Alternatively, if someone refuses a job, they will be excluded from receiving welfare. The 5-Star’s citizens’ wage will be abolished by next year as the system has been abused by many who simply do not want to work. They are reviewing the pension system as well, but it’s too late to save the pension funds.

Italy’s first female PM is also encouraging couples to start families amid a birth rate crisis. Women may take a sixth month of maternity leave and still receive 80% of their salary. Meloni cut taxes on goods for newborns and feminine hygiene. Couples will receive a 50% increase in the “baby bonus,” and families with over three children will receive more incentives. Italy needs future taxpayers.

Everyone cheered when America appointed its first female vice president, but Kamala Harris has done nothing for women who still pay the pink tax and do not have access to maternity leave. It is astonishing how controversial this move has become with the papers calling Meloni a Fascist dictator for preventing working taxpayers from paying for those unemployed by choice.