Month: January 2020

Impeachment Causing Trouble as Dems Turn on Each Other, Future of Articles in Doubt

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Now the democrats continue to implode under the failed “leadership” of dementia-riddled Nancy Pelosi – go figure “House Speaker Nancy Pelosi is facing pressure from her own party as House and Senate Republicans and Democrats call for her to send the articles of impeachment to the Senate. The articles of impeachment against President Donald Trump, … Read more

NatSec Source: Federal Reserve MYSTERY of All the Financial REPOS: New York City REAL ESTATE IS IMPLODING

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Federal Reserve has been doing massive repo financing “transfusions” of $$$$ capital into NYC banking sector…WHY? Now the answer has come forth: NYC REAL ESTATE IS IMPLODING, IN ALL MARKET SEGMENTS: COMMERCIAL, RESIDENTIAL, RETAIL, LEASES, PRE-LEASE BUILDING FINANCING, the whole rotten ‘Big Apple’ is under tremendous stress https://www.zerohedge.com/markets/markets-repo-addiction-getting-worse-latest-term-repo-operation Yesterday we reported that with the Fed’s first oversubscribed … Read more

The Federal Reserve Prints Out 6 Trillion Dollars For Wall Street… World’s Super-Rich Are Hoarding Physical Gold In Secret Bunkers

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https://www.youtube.com/watch?v=2EYuIDs1XRI&feature=youtu.be World’s super-rich are hoarding physical gold in secret bunkers The strategic case for owning gold remains strong, according to analysts at Goldman Sachs. They point to such factors as political uncertainty, recession fears and other worries among the global elite. Data from Goldman research showed that owning the physical metal seems to be the … Read more

Iran admitted that it shot down the plane as it came close to military installations

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Iran has announced that its military “unintentionally” shot down a Ukrainian jetliner, killing all 176 on board. The statement on Saturday morning blames “human error” for the incident, adding that the military mistook Flight 752 for a “hostile target”. Press TV also quoted Iran’s General Staff of the Armed Forces as saying that the plane had … Read more

Reddit political bias EXPOSED

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by politicallyasstoot ll political donations by reddit staff are to democrats. Just a coincidence fund raising posts for Bernie are top of front page while The_Donald is quarantined. Election rigging! Imagine wanting to donate to Trump but knowing your name would show up on this list for your job to see. Chilling effect     … Read more

Signs That The Bubble’s End Is Near: Corporations Feast On Record Issuance Of Cheap Debt

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via Yahoo Companies Are Rushing to Borrow Cheaply While They Still Can (Bloomberg) — Companies around the globe, concerned that heightened tensions between the U.S. and Iran could roil bond markets, are rushing to borrow cheaply while they still can. Investment-grade firms have sold more than $61 billion of notes in the U.S. through Thursday, … Read more

Recession Fears Cap Oil Prices In 2020

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By Gail Tverberg Energy Forecast for 2020 Overall, I expect that oil and other commodity prices will remain low in 2020. These low oil prices will adversely affect oil production and several other parts of the economy. As a result, a strong tendency toward recession can be expected. The extent of recessionary influences will vary … Read more

CNN keeps on losing! Must pay record setting $76 million National Labor Relations Board settlement to fired cameramen

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The federal labor board on Friday approved a roughly $76 million dollar offer by CNN to settle a long-running labor dispute with camera operators who accused the news organization of canceling their contract because they were unionized. The National Labor Relations Board’s approval will finally resolve the 16-year-old labor dispute involving more than 200 camera … Read more

Ambassador from Britain in Iran has been arrested

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UK Ambassador to Iran Rob Macaire arrested tonight in Tehran for allegedly ‘directing radical actions’ Foreign Secretary Dominic Raab hit out at Iran over the ‘flagrant violation of international law’ Demanded that the country make a choice between becoming a ‘pariah’ state or to ‘deescalate tensions’ Protests broke out at four universities in Tehran on Saturday … Read more

CNN Settles Multi-Million Dollar Lawsuit With Conservative High School Student Nick Sandmann For Publishing Lies About MAGA Incident

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by Geoffrey Grider Fake news CNN forced to settle multi-million dollar lawsuit with Nick Sandmann and Covington Catholic High students for libel, slander and defamation of character over series of falsely reported news stories and videos When fake news CNN is not publishing outright lies, they are publishing distorted half-truths in ways that will always make the … Read more

This tweet by @realDonaldTrump with more than 100k likes is already the most liked Persian tweet in the history of Twitter.

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Translation: “To the brave and suffering Iranian people: I have stood with you since the beginning of my presidency and my government will continue to stand with you. We are following your protests closely. Your courage is inspiring.” https://twitter.com/SGhasseminejad/status/1216131659986325504 TRUMP STANDS WITH THE PROTESTERS: You know, Iran says they’ve bribed a lot of Western government officials. … Read more

The Wall Street Journal (and Other Media) Should Stop Lying About Repos

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My patience has been exhausted. By Wolf Richter for WOLF STREET. On January 9, the Wall Street Journal ran an article about the Fed’s repo operations with this headline: “Fed Adds $83.1 Billion in Short-term Money to Markets.” This is what the headline looks like: The article then said that the New York Fed “added $83.1 billion in temporary liquidity … Read more

Nearly 40% of U.S.-listed stocks are loss-making

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WSJ: Money-Losing Companies Mushroom Even as Stocks Hit New Highs The percentage of listed companies in the red is close to 40% Analysts made larger cuts than avg to earnings estimates for Q4 2019; on a per-share basis, estimated earnings for Q4 decreased by 4.7% from September 30 thru December 31 [larger % decline than 5y … Read more

3 Steps To An Earnings Turnaround

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by UPFINA In this expansion, past economic performance doesn’t indicate future trends. We’ve had 3 slowdowns in this expansion. At the worst point in the prior 2 slowdowns, it looked like the economy was headed for a recession, but it was actually a great time to buy stocks. The stock market decline in Q4 2018 was … Read more

Continuing Jobless Claims now rising the most since the Great Recession.

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Another predicament. Continuing Jobless Claims now rising the most since the Great Recession. This index tracks the unemployment rate with an exceptional 0.97 correlation since 1968! Keep this in mind.The labor market holds the key for the business cycle. pic.twitter.com/tScvtwgyOe — Otavio (Tavi) Costa (@TaviCosta) January 10, 2020 Growth in total hours worked has slowed … Read more

How the US war-state ‘wasted’ $11 trillion

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https://www.youtube.com/watch?v=LxbGbROxMLA Economist and founder of Democracy at Work Dr. Richard Wolff joins Rick Sanchez to discuss the bizarre economics of Washington’s military interventions abroad. He explains how the war lobby actually incentivizes endless and destructive conflict.