Bill Holter: The Fed Has Already Lost Control

Arcadia Economics, Released on 1/12/20 After months of the Fed injecting more credit into the system, it seems as if not only have the problems not been resolved, but they appear to be getting worse.  Bill believes the Federal Reserve has lost control, and the everything bubble is coming to an end. Bill also talks … Read more

Could the Fed Ever Exit the Repo Market?

by Martin Armstrong It is stunning how after more than three months, the analysis on the repo market is still nowhere close to reality. I believe that those in the trenches are, like me, afraid to really explain what is taking place for fear they will be blamed for creating a financial panic. The popular … Read more

BOOM. The investment-grade corporate bond market has grown more than any other credit market since 2006 – driven in part by ratings migration, M&A, and dividend payouts. Chart via JPM:

BOOM. The investment-grade corporate bond market has grown more than any other credit market since 2006 – driven in part by ratings migration, M&A, and dividend payouts. Chart via JPM: pic.twitter.com/3dGq7OhAUS — Tracy Alloway (@tracyalloway) January 13, 2020 Equity positioning pic.twitter.com/VSy5VKWY5j — Teddy Vallee (@TeddyVallee) January 13, 2020

“Didn’t the Fed cut interest rates 3 times last year in order to encourage more borrowing? Wasn’t a China trade deal going to bring back executive confidence?”

Commercial and industrial loans outstanding just fell to the lowest level since March. “Didn't the Fed cut interest rates 3 times last year in order to encourage more borrowing? Wasn't a China trade deal going to bring back executive confidence?” @pboockvar pic.twitter.com/pnZ4YEx4lY — Carl Quintanilla (@carlquintanilla) January 13, 2020 Global growth pic.twitter.com/R9CyPyrsOd — Win Smart, … Read more

California Water Infected With Increasing Fecal Bacteria As Democrats Allow Homeless Crisis to Worsen

California Health Line reports: “We should all work together to clean up these hazardous waste and homeless sites before the whole city rots away,” Trump tweeted about San Francisco on Oct. 26. “Very bad and dangerous conditions, also severely impacting the Pacific Ocean and water supply.” San Francisco officials were quick to dispute Trump’s claims. But some … Read more

Why Gas Prices Aren’t Soaring On Iranian Conflict

By Haley Zaremba Are we on the brink of war? It seems the answer could be yes as the United States and Iran trade attacks and counterattacks in the wake of the U.S. drone strike that killed Iranian Revolutionary Guard Gen. Qassem Soleimani last week. After Iran responded with a missile attack on U.S. troops, however, Iranian … Read more

WHAT KEEPS ME UP AT NIGHT | RICK RULE

by Dunagun Kaiser with Rick Rule via Reluctant Preppers Legendary natural resource investor and CEO of Sprott Asset Management, Rick Rule, returns to Finance and Liberty to give us his 2020 preview for metals, markets, and impacts from unexpected geopolitical hot-spots. In a special discussion of threats to our retirement plans, Rick explains why he’s particularly concerned about risks that … Read more

Presently In A Staggering Bail-Out Of The Banking System

by Brian Maher via Daily Reckoning Dear Reader, “Journalism is about covering important stories,” said one scalawag. “With a pillow.” A staggering bailout of the banking system presently proceeds apace. The mainstream financial press has seized a bed pillow, placed it over this important story… and pressed down murderously. Today we pry away the pillow… and vent in … Read more

That’s it. Scientists are ready to unleash computers that can “THINK!

The map indicated the possibility of training physical wave systems to learn complex features in temporal data using standard training techniques used for neural networks. As proof of principle, they demonstrated an inverse-designed, inhomogeneous medium to perform English vowel classification based on raw audio signals as their waveforms scattered and propagated through it. The scientists … Read more

How California Became Corrupt

by TrailDust Whenever I see another inexplicable decision in California government, I ask how it could be so completely foul. The following video opened my eyes and answered some nagging questions. For instance, the clueless Gavin Newsom didn’t just come into power accidentally (or even honestly). Well, now we know a bit more. And we … Read more

An “Unprecedented Divergence” Has Opened Between Stocks And Earnings

via Zerohedge Yesterday, when looking at the composition of the ongoing market meltup, Morgan Stanley flagged just how uneven the leadership distribution has become highlighting the “other 1 percent”, namely the handful of tech names that have been responsible for the bulk of the S&P’s move higher in 2019, and noting “that in a world of low … Read more

Do you have a backup generator?

by Simon Black The news headlines read, “Deadly 6.4 Magnitude Earthquake Plunges Puerto Rico into Darkness”; and “Powerful Puerto Rico Earthquake Knocks Out Entire Island’s Power.” It was enough to prompt my mother to call, four times, to make sure I was OK. There’s been a string of fairly strong earthquakes lately in Puerto Rico… which is incredibly … Read more

A Fearful Fed Keeps Pouring Money into the Repo Market

by Ryan McMaken of Mises Institute The Fed announced on Thursday it is adding another $83 billion in “in temporary liquidity to financial markets.” And, in a development that will surprise no cynic anywhere, the Fed also noted that it “may keep adding temporary money to markets for longer than policy makers had expected in September.” Specifically, this was another … Read more

“GREEN ENERGY” MYTH BUSTED – 50,000 tons of used wind turbine blades in the landfill

BY SRSROCCO Funny, no one seemed to consider what to do with the massive amount of wind turbine blades once they reached the end of their lifespan.  Thus, the irony of the present-day Green Energy Movement is the dumping of thousands of tons of “non-recyclable” supposedly renewable wind turbine blades in the country’s landfills. Who … Read more

Judicial Watch sues Schiff even as Senate is afraid to ask him questions over his abuse of President Trump.

by TFittonJW Not intimidated by Schiff. Judicial Watch sued Schiff in federal court for docs on his illicit subpoenas for phone records of Trump’s lawyer and other innocent Americans. https://www.judicialwatch.org/press-releases/judicial-watch-sues-rep-schiff-and-the-house-intelligence-committee-for-phone-subpoenas-targeting-trump/    

Facebook told advertisers it can identify teens feeling ‘insecure’ and ‘worthless’

Leaked documents said to describe how the social network shares psychological insights on young people with advertisers Facebook showed advertisers how it has the capacity to identify when teenagers feel “insecure”, “worthless” and “need a confidence boost”, according to a leaked documents based on research quietly conducted by the social network. The internal report produced … Read more