by Paul Lengemann, BullsnBears Economist The Federal Reserve in its final policy decision of the year left rates unchanged and indicated that it would keep them on hold next year, expecting a solid economy. So far the economic numbers support this point of view, but it is quite possible that the US tariff policies will throw … Read more
by Shaun Richards Today is one for some humility and no I am not referring to the UK election. It relates to Sweden and developments there in economic policy and its measurement which have turned out to be extraordinary even for these times. Let me start by taking you back to the 22nd of August … Read more
by DCG This womyn represents Culver City and parts of Los Angeles – the place where the homeless death rate has jumped by more than a third. Instead of focusing on her sh*thole community, the congresswomen is – of course – intent on focusing on her TDS. Hopefully demorats are in for a big surprise in 2020. DCG
https://twitter.com/CarolForden/status/1205292160444174337 I do sincerely hope that the Phase I will finally get signed. Then people would finally notice that it was just a 'smoke screen' for #stockmarkets . After a brief rally and few 'green shoots' from CB and China stimu, the world #economy will continue to sink.#Brace. — Tuomas Malinen (@mtmalinen) December 12, 2019 … Read more
Corbyn rejected, Brexit embraced:
by Adam [Now updated to December…] Fool us once, shame on you. Fool us twice, shame on us. Fool us daily for a year…..what the hell is wrong with us??? January February March April May June July August September October November December Just keep believin’……..
https://twitter.com/NorthmanTrader/status/1204867038952480769
60% of chief financial officers expect their company’s head count to decrease over the next 12 months, according to the CNBC Global CFO Council survey for the fourth quarter 2019. The blowout November jobs numbers, record stock market and waning of imminent recession fears don’t suggest a major cooling in the labor market. But there … Read more
via wirepoints: Moody’s says 23 of the nation’s 25 largest cities are ready for a recession. Two aren’t. They are Detroit and Chicago. Both cities are junk-rated by Moody’s. Moody’s analyzed four key factors to determine which cities are ready for a recession: fiscal volatility, reserve coverage, financial flexibility and pension risk. The top cities in … Read more
(Bloomberg) — Americans are projected to fall seriously behind on their credit card bills at the highest rate in a decade as banks push a record number of people to get plastic. The share of credit card borrowers who are at least 90 days past due on their accounts will probably tick up to 2.01% … Read more
The private debt boom. Assets under management in private debt have tripled over the past decade to $812 billion, according to Goldman Sachs data. Because why earn 6% in junk bonds when you can earn 11% in direct lending? pic.twitter.com/9oqODRksaS — Tracy Alloway (@tracyalloway) December 12, 2019
💉💉💉☠️The World is Being LBO'd☠️💉💉💉 Central banks couldn't even leave during recovery #LIQUIDITY💦 #MoreDebt– Structural problems? #MoreDebt– Insolvency? #MoreDebt– Decades of Failed policy? #MoreDebt#PonziFinance has gone global World at 330% debt-to-GDP (IIF) pic.twitter.com/ZTpb62w7s6 — M/1_LP (@MI_Investments) December 12, 2019 https://twitter.com/Machiavellecon/status/1205119239440551938 In Sweden, the central bank is out of ammo and wants to hike, because they … Read more
Internet and media personalities have come out in force against YouTube’s crusade against “harassment,” worried that the extremely vague and ill-defined new rules will be used to selectively target users for their political views. Announcing the move in a blog post on Wednesday, YouTube said it was revamping its harassment rules in response to criticism, taking aim … Read more
https://twitter.com/MAGAPILL/status/1204515975875514368
USA has $21 trillion in national debt, and 1 million homeless Americans, many sleeping in cardboard boxes. Yet, the US government is giving $38 billion in US tax dollars to Israel. Israel is a rich country, and they should pay their own bills! h/t John
A HIRED dancer has been hospitalised after being shot in the face because she stopped performing at a wedding in India. The incident happened during a wedding celebration on December 1 in a village in Uttar Pradesh state. It only came to light days later when the video was widely shared online. In the clip, … Read more
1709 the Great Freeze, now we have a Category 3 Ice Hurricane that rolled over Iceland with the fastest winds and most snow ever recorded in the nation. 150 mph winds with seven feet of snow. USA snow into Alabama and SE where below freezing has happened for the second time his season, very rare … Read more
Fascinating look at Japans criminal justice system. The “system cannot be wrong, no matter what” Every system of justice is inevitably found to be unjust. The question is in which direction, and how far. This is a fairly basic outline of Japan’s idiosyncratic nature. Sort of an easy week for me. Hope you like it! … Read more
For the liberal media, an unofficial part of any job title must include attacking Fox News in an either occasional or permanent capacity for all that ills America. The task fell to MSNBC’s Stephanie Ruhle and Chris Matthews on Tuesday afternoon as the pair blamed FNC for the lack of overwhelming public support for impeaching … Read more
Watch the latest video at foxnews.com The Republican-controlled Senate on Wednesday afternoon confirmed Lawrence VanDyke to the 9th Circuit Court of Appeals, marking President Trump’s 50th successful appellate court appointment in just three years in office, and his second to the historically liberal 9th Circuit in as many days. By contrast, President Barack Obama nominated a total … Read more
Oracle’s OpenWorld conference, which annually hosts 60,000 guests, will be leaving San Francisco after two decades, reportedly citing “poor street conditions” and high costs as the driving factors in the decision. The news was first reported by CNBC, which acquired an email the San Francisco Travel Association sent to its members on Monday. “Oracle stated that … Read more
