BAML has just called a peak in home sales, more than 40% of all U.S. corporate bonds have the lowest investment-grade credit rating, the next market event will make January/February look small

BAML has just called a peak in home sales! Citing declining affordability (makes sense given rising mortgage rates = headwind), housing market underperformance as economy grew (relative terms). @mtmalinen @LizAnnSonders … Read more

Corporate debt crisis imminent? 60% of corporate debt issued by companies in the Russell 2000 is rated as Junk; Since 2009, corporate America has bought back $4 trillion of its own shares and doled out $3 trillion to shareholders in dividends.

pic.twitter.com/PDSiYUEB2X — M/I_Investments (@MI_Investments) August 23, 2018 via Bloomberg: “Since March 2009, corporate America has bought back $4 trillion of its own shares and doled out $3 trillion to shareholders … Read more

As we have been trying to tell you the real target for neoliberal corporate censorship was always the left. Now that they have conditioned public to accept it as a result of Russiagate, the left is in their crosshairs.

As we have been trying to tell you the real target for neoliberal corporate censorship was always the left. Now that they have conditioned public to accept it as a … Read more

If those in charge of our society – politicians, corporate executives, and owners of press and television – can dominate our ideas, they will be secure in their power. They will not need soldiers patrolling the streets. We will control ourselves.

Most are familiar with this author of “A People’s History of the United States.” This quote is as relevant as ever. We police each other in ways that enable the … Read more