Month: December 2019

Hong Kong protests expected to continue in 2020

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https://www.youtube.com/watch?v=L6eA0yWbtqE 2019 has been the year for uprisings around the globe. Much of the media focus has been on Hong Kong, where the US has shown support for the demonstrations and voiced criticism of China’s response. But what is the state of the movement going into 2020, and will the demonstrations continue? RT America’s Rachel … Read more

Deutsche Bank: QE4 Creating Stock MELT UP! Netherlands Central Bank Warns QE Ends Badly

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Even Deutsche Bank is straight up calling a spade a spade. They are referring to QE4 as QE4. More importantly though, they are finally showing investors about the correlation between the balance sheet and stocks. (We’ve been on that for a while but good to see the mainstream financial corporations acknowledging it). In a sense … Read more

How Ratings Agencies Inflate Credit Ratings to Get Deals & Fees

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This time, a new thingy, “Commercial-Real-Estate CLOs.” But investors don’t care because they’re too busy chasing yield. By Wolf Richter for WOLF STREET. There is a fairly new and popular creature in the hopping party-town of securitizations: “commercial-real-estate Collateralized Loan Obligations.” These CLOs are bonds backed by risky commercial real-estate “transitional loans,” such as loans to fix up … Read more

Brace yourselves: Goldman declares economy virtually recession proof…. The $VIX know something.

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Oh no… 😳 https://t.co/5WcbRF7GpJ — Nomi Prins (@nomiprins) December 31, 2019 The U.S. economy is “structurally less recession-prone today,” Goldman Sachs economists said. That calls comes just months after Wall Street feared that an inverted yield curve was signaling an imminent recession. Goldman cites five factors that pose a reduced threat to the “Great Moderation” … Read more