by confoundedinterest Fed Chair Jerome Powell says it not QE, so let’s just call it REPO MADNESS (the surge in Fed activity surrounding the repo market). QE3 had The Fed adding $40 billion per month in Treasuries and Agency MBS, then QT (quantitative tightening struck). But the fear of repo madness struck and The Fed started … Read more
(Bloomberg Opinion) — After the financial crisis, Europe’s political leaders put together a complex set of rules to make it harder for future governments to bail out banks. That system is looking so full of holes that one wonders what the point of it is. Two episodes in a fortnight show that taxpayers are still very … Read more
Definition of insanity. Junk bond spreads (ex-energy) now at their lowest since June of 2007 at record corporate leverage! pic.twitter.com/VgMDx140wC — Otavio (Tavi) Costa (@TaviCosta) December 16, 2019 Apple stock jumps on huge sale drop in China Boeing shares jump on production halt in 2020 — Russian Market (@runews) December 17, 2019 According to chart … Read more
by SP The Organic Prepper, Daisy Luther, offers an update on the Virginia effort to ban military style rifles. The county of Tazewell, Virginia, has voted to form its own citizen militia. Tazewell County is taking this threat to the Second Amendment very seriously. Not only did they pass a Second Amendment Sanctuary resolution, but they’ve … Read more
The House Rules Committee, led by Democrat Rep. Jim McGovern, irons out details surrounding the full House’s impeachment vote happening Wednesday morning. AO
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The stunning decline of men in the student headcount. With college costs blowing through the roof, with “luxury student housing” and not so luxury “student housing” having become asset classes – including, of course, CMBS, now in rough waters – for global investors, with textbook publishers gouging students to the nth degree, and … Read more
https://www.youtube.com/watch?v=An6Oz9H50Zg Jim Hoft from The Gateway Pundit reports, Nancy Pelosi, Adam Schiff, Maxine Waters, Adam Schiff and other liberal committee members announced their Articles of Impeachment on Tuesday morning at 9 AM ET. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…
https://www.youtube.com/watch?v=Gxo3lyhC2wA Eric Blair from The Gateway Pundit reports, A fiery Ted Cruz on Wednesday blasted the surveillance of the Trump campaign during the 2016 election, saying the errors made “are grotesque abuses of power.” Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…
https://100percentfedup.com/dem-rep-i… 100% Fed Up reports, Dem. Rep. Abigail Spanberger held a town hall on Sunday that was a doozy but not in a good way for this West Virginia Democrat. People are furious! Video from the town hall shows people yelling that President Trump is innocent. Read More/Source/Credit/FairUse: https://100percentfedup.com/dem-rep-i…
Stories that challenge establishment narratives go unreported because the media has been co-opted by the US government, a former Newsweek reporter has alleged, after his editors blocked him from writing about recent OPCW leaks. Tareq Haddad announced his resignation from Newsweek last week, claiming that his editors had shot down his attempt to report on … Read more
by Daisy Luther As Virginia lawmakers prepare to pass a draconian gun control bill that would make most guns in the state illegal, Tazewell County has formed an official active militia as per the Second Amendment to the Constitution. A well regulated Militia, being necessary to the security of a free State, the right of … Read more
Doug Noland (Credit Bubble Bulletin) put out an interesting piece on Repo Madness over the weekend. Here’s some excerpts: “U.S. securities/“repo” finance is clearly a major source of liquidity for the markets as well as the real economy. Yet this Bubble Dynamic is undoubtedly global, with international securities finance instrumental to inflating securities and asset … Read more
by Martin Armstrong Italy is again helping a troubled bank. The government approved an emergency ordinance to support the Volksbank Popolare di Bari on Sunday and provided grants of up to 900 million euros. Volksbank Popolare di Bari was founded in 1960 as a cooperative bank. However, funds from the Ministry of Finance will not … Read more
A group of President Donald Trump supporters on Monday showed up to Michigan Democratic Rep. Elissa Slotkin’s town hall to protest her decision to vote in favor of impeachment. Slotkin, who was undecided on impeachment until Monday, after taking the weekend to make up her mind on how she would vote, said she has came … Read more
The American public is about evenly split over whether President Donald Trump should be impeached and removed from office, according to a new CNN Poll conducted by SSRS, with the House of Representatives poised to vote on articles of impeachment this week. Support for impeaching Trump and removing him from office stands at 45% … Read more
via Zerohedge: Unilever NV shares trading on the Euronext Amsterdam have plunged 6% Tuesday morning following a warning from the company that it will miss full-year revenue growth targets, reported the Financial Times. Unilever is a British-Dutch transnational consumer goods company, and one of the largest in the world, its products include food and beverages, cleaning … Read more
by Michael Snyder Despite all of the horrible things that we read about in the news, the truth is that there are still people out there that are making great sacrifices in order to do good for others. My hope is that these extraordinary stories of human kindness will inspire others to act likewise. We … Read more
Social media has evolved from being a mere platform for youngsters to share their selfies. The platform has worked on making businesses gain more leads. What are the leads? By leads, we refer to the people who like and react to your posts from your business profile. What happens then is your sales team takes … Read more
by Frank Holmes, CEO, U.S. Global Investors In his letter to Berkshire Hathaway shareholders for fiscal year 2001, Warren Buffett made one of his now-famous pronouncements: “Predicting rain doesn’t count, building an ark does.” Buffett admitted to forecasting some of the market turmoil during that year, which was exacerbated by 9/11, and yet he failed … Read more
by Fabius Maximus Summary: Impeachment is too gentle a punishment for some high crimes by a President. They deserve everlasting infamy. Like this recent act by a President, as yet unpunished. We need drastic action as a reminder to future generations that we must be ever vigilant in defense of the Republic “Every nation has the … Read more
by TFittonJW In August, a federal court judge granted Judicial Watch more discovery on the Clinton email scandal, allowing us to uncover much more about what really happened with Hillary Clinton’s emails. This Thursday, Judicial Watch heads to court again on the email scandal.
“Fox News reported Sunday that a number of Navy pilots who remained anonymous plan to send the draft letter to colleagues for signatures before presenting it to lawmakers on the House and Senate Armed Services committees in the hopes of spurring change after three people were killed in a shooting at Naval Air Station Pensacola. … Read more
by Michael Snyder The major entertainment companies in the United States all produce a relentless deluge of filth and garbage, but Netflix is the worst of them all. For years they have been creating vomit-inducing movies and shows that openly mock faith, family and traditional American values, but their subscriber base just kept growing and … Read more
https://www.cnbc.com/2019/12/16/boeing-will-suspend-737-max-production-in-january.html Boeing is planning to suspend production of its beleaguered 737 Max planes, according to people familiar with the matter, a drastic step after the Federal Aviation Administration said it won’t certify the planes until next year. The manufacturer has warned investors repeatedly that it could further cut or suspend production of the planes altogether … Read more
