NOT BULLISH: U.S. junk-bond issuance fell to zero in December for the first time in a decade and we have just witnessed one of the biggest drops in the global earnings revision ratio since 1988

Leveraged loan market concerns https://t.co/rwiCZaTNDB — Alastair (@StockBoardAsset) January 2, 2019 U.S. junk-bond issuance fell to zero in December for the first time in a decade. @TheTerminal pic.twitter.com/8W0IefGGtU — Lisa Abramowicz (@lisaabramowicz1) January 2, 2019 We have just witnessed one of the biggest drops in the global earnings revision ratio since 1988. pic.twitter.com/E9ta8XmvcU — jeroen … Read more

2008 Great Recession Will Pale Compared to 2019 Bear Market

This is a replay of SchiffGold’s CEO Peter Schiff’s RT interview aired on December 28, 2018. ——————————————————- 2008 Great Recession Will Pale Compared to 2019 Bear Market | Peter Schiff RT Interview __________________________________ After the worst Christmas Eve in the history of the stock market, the Santa Clause rally came late. Markets bounced back in … Read more

Black Lawmakers’ Charity Didn’t Give Out A Single Scholarship, Top Pols Hide Financials

Via The Daily Caller The caucus of black New York state lawmakers runs a charity whose stated mission is to empower “African American and Latino youth through education and leadership initiatives” by “providing opportunity to higher education” — but it hasn’t given a single scholarship to needy youth in two years, according to a New York Post … Read more

US Military Apologizes For Posting Uncomfortably Honest Tweet

via Caitlin Johnstone US Strategic Command (or “Stratcom” if you’re trying to make a nuclear-capable arm of the US Defense Department sound cool) has issued an apology for a poorly received New Year’s Eve tweet which has since been deleted. “#TimesSquare tradition rings in the #NewYear by dropping the big ball…if ever needed, we are #ready to drop … Read more

Google wins lawsuit, can continue to use facial recognition tech on users without consent.

via yahoo: Google has had a lawsuit in Illinois over its facial-recognition software thrown out, with a judge dismissing the case on the grounds that the plaintiff in the case did not suffer “concrete injuries,” Bloomberg reported on Saturday. The ruling puts to rest one of three lawsuits against major tech companies for alleged violations of the state’s … Read more

BUSTED: CNN Starts 2019 The Wrong Way

https://www.youtube.com/watch?v=qdF1UWIJJVI I love how the say that they came legally and didn’t rush the border like we can’t trust our own eyes all the videos showing what happened that’s the cult don’t believe your eyes believe what i tell you     DN

Socialism violates the Freedom of Religion

by Martin Armstrong The Socialists are out to blame Trump’s Tax cuts to argue why taxes should be higher. At the beginning of 2o18, Trump imposed a spectacular tax cut making the USA much more competitive than its European counterparts. Trump argued that the tax reduction would contribute to the recovery of the economy and finance … Read more

Bureaucrats & their Lack of Common Sense that is Probably a Required Qualification

by Martin Armstrong The story being used against Trump and his travel-ban against the four Muslim countries concerns the sad story of the terminally ill 2-year-old boy, whose Yemeni mother had to sue the State Department to get a visa to join him in a California hospital. His father was American, but the boy’s mother was Shaima Swileh, who … Read more

If People Think The Stock Market Has Topped They May Turn To Gold & Silver To Be The Next Bubble

by Keith Weiner of Monetary-Metals Last week, we wrote about the concept of discounting. This is how to assess the value of any asset that generates cash flow. You calculate a present value by discounting earnings for each future year. And the discount rate is the market interest rate. We said: “If the Fed can manipulate the rate of … Read more

ELIZABETH WARREN’S “DUKAKIS TANK” MOMENT

via legalinsurrection: The release of her DNA test results right before the midterms is almost uniformly seen as a public relations disaster, from which she still is trying to recover. Rather than confirm the validity of her claim when she was climbing the law professor ladder to Harvard to be Native American, it turned her into a laughingstock. Then … Read more

REPORT: DA Never Interviewed Cop Before Justifying Murder of Innocent Dad in Raid on Wrong Home

via thefreethoughtproject: Wichita, KS – In December of 2017, police responded to a prank call, also known as a “swatting,” at the home of Andrew Finch. When the entirely innocent and unarmed father answered the door during the raid, Officer Justin Rapp was recorded on video killing him in cold blood. After the coverage died down … Read more

Long-Term “Buy & Hold” Crushed Stockholders in Largest Markets Except US & India. But for the US, Luck’s Running Out

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Ugly long-term charts that Wall Street doesn’t want us to see. And now US stocks are infected too. How well does a buy-and-hold strategy work in the stock market over the long term – as measured in years and decades? In the largest markets around the world, it has crushed investors. … Read more