“Leveraged Loans” Bite: Record-Bad Year-End for Loan Mutual Funds & ETFs

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Forced selling by loan funds in the once red-hot $1.3-trillion “leveraged loan” market. Part of the $1.3 trillion in “leveraged loans” — loans issued by junk-rated overleveraged companies — end up in loan mutual funds and loan ETFs. These funds saw another record outflow in the week ended December 26: $3.53 … Read more

WHERE WE ARE

via @OccupyWisdom : 1/ OIL When the economy is doing well, there is a large demand for oil, and oil prices rise. The collapse in oil prices shows we are entering a global slow down. 2/ HOUSING Only 13% of Americans plan to buy homes next year. This is -50% less than a year ago. Single family … Read more

All is well. Credit argues otherwise. When Leveraged Loans Index rolls over – watch out stock market!

All is well. Credit argues otherwise. pic.twitter.com/cGCelKZqeL — Jack (@JackPScott) December 28, 2018 When Leveraged Loans Index rolls over – watch out stock market! pic.twitter.com/M8IQSYZLMs — Alastair (@StockBoardAsset) December 28, 2018 The US Yield Curve has partly inverted. pic.twitter.com/tThH8mB2h7 — Holger Zschaepitz (@Schuldensuehner) December 28, 2018 Credit creation in the US, Japan and Euro area … Read more

Hillary Pushes for More War in Syria: Jimmy Dore calls out the unscrupulous warmongering Washington elite

by axolotl_peyotl In a time when most politicians and Mockingbird MSM outlets have lost their collective minds and devolved into propaganda machines, it’s extremely refreshing to see “progressive” folks like Jimmy Dore call out the madness for what it is: sheer, unadulterated madness. Just as how the MSM revealed their true colors when they only showed support … Read more

Yahoo, AOL, and Gmail are caught red-handed trying to influence the 2018 election. “One Test, In Florida, 100% of Republican Rick Scott’s emails went to spam in Yahoo, while 100% of his Democratic opponent Bill Nelson’s emails went to our Yahoo inbox.”

via imge: Is the world of email biased against conservatives? Many partisans often mutter such an accusation against Silicon Valley. Yet, few digital professionals take the time to investigate whether such a bold claim is true. Poor email deliverability doesn’t just suppress a candidate’s message, it decreases the engagement of campaign supporters. That means fewer donations, … Read more

You need to do 47 hours of minimum wage work today to get the same amount of purchasing power as 40 hours of work in 2009. — The erosion of the minimum wage.

by User_Name13 How come the corporate media never mentions or factors inflation into the lives of regular people? They completely ignore it as if it doesn’t exist at all. If you aren’t getting a 2% raise every year to account for inflation than you are actually getting a paycut, because your wage is not keeping … Read more