Month: December 2020

4 Warning Signs in the November Jobs Report: ‘This Feels Like the Calm Before the Storm’…. America’s Hidden Depression

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4 Warning Signs in the November Jobs Report: ‘This Feels Like the Calm Before the Storm’ The U.S. economy added jobs in November and the unemployment rate fell. But trouble is brewing under the surface, according to economists.   Biden Warns the Economy Is Stalling After ‘Dire’ Jobs Report, Calls for ‘Urgent Action’ on Stimulus … Read more

I’ve never seen so many really-extreme sentiment readings. I realize price/momentum/breadth are very, very positive, but if — if — this thing ever goes down we’re going to look back at the sentiment stuff and say “Of course; it was obvious.” The market is a cruel mistress…

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I've never seen so many really-extreme sentiment readings. I realize price/momentum/breadth are very, very positive, but if — if — this thing ever goes down we're going to look back at the sentiment stuff and say "Of course; it was obvious." The market is a cruel mistress… — Walter Deemer (@WalterDeemer) December 4, 2020 It … Read more

Observation on Shifting US, Japanese “Full Employment”, “Financial Crisis”, & Asset Appreciation

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by Econimica What if rather than mathematical economic formula’s and double speak, we just looked at the population of potential workers by age group, and employment among them. Then cross reference against the Federal Reserve set Fed Funds rate, Federal Reserve purchased assets, and the debt these policies incentive (Federally, Corporately, Personally). What is plain? There … Read more

Wall Street Banks Want To Sell Lots More Corporate Bonds Despite Alarming Rise of Zombie Companies

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by Jason Burack of Wall St For Main St Wall Street banks say that subzero yields are good for selling even more corporate bonds and corporate credit? WAIT WHAT??? Only a few weeks ago, Jason explained the entire Wall Street bank bond selling scheme that is back after the Fed unfroze credit markets in March and April. But … Read more

Fauci: End Christmas & New Year – The Virus That Will Never End

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by Martin Armstrong Fauci is already calling for shutting down both Christmas and New Years’ celebrations. They are doing exactly the opposite of the political strategy of the Romans. Give them “bread and circuses” (“panem et circenses”) is generally attributed to Juvenal, a Roman poet who published his works between 100-127 AD. It was meant in a … Read more

Pro-Biden effort offered Native Americans $25-$500 Visa gift cards and jewelry to vote.

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Key Native American leaders working with the Biden campaign offered tribal members and associates Visa gift cards, jewelry, and other “swag” to vote in the presidential election, according to several videos being used by the Trump campaign’s effort to challenge Nevada’s vote. In one long video, officials from the Reno-Sparks Indian Colony are shown offering … Read more

LA area locked down and out of power

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It’s windy as heck down here in Southern California, just hours after the brutal lockdown order for LA. Now tens of thousands of Californias are without power, mostly in and around the LA area! https://www.sce.com/outage-center/check-outage-status   AC

San Diego Wants To Use Military-Grade Drones To Catch Speeders

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by mapi The Voice of San Diego recently revealed how the city of San Diego secretly considered using military-grade drones to spy on motorists.  According to the article, San Diego officials secretly kicked around the possibility of using General Atomics’ “SkyGuardian” drones to ID and track speeding vehicles. “Records obtained by Voice of San Diego show that the city’s Office of … Read more

China State Media to Senator Marsha Blackburn: “B*tch”

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China has a 5,000 year history of cheating and stealing. Some things will never change… — Sen. Marsha Blackburn (@MarshaBlackburn) December 3, 2020 Bitch — Chen Weihua （陈卫华） (@chenweihua) December 3, 2020 Director of National Intelligence John Ratcliffe tells @CBS_Herridge that China is using blackmail, bribery and covert influence to target members of Congress and … Read more

Navy Brings Back US Atlantic Fleet as Russian Threats Intensify – The Atlantic fleet will confront the Russian Navy

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Terrorism is no longer the biggest threat facing the U.S., Navy Secretary Kenneth Braithwaite said during a hearing on Navy and Marine Corps readiness. Threats from Russia and China are increasing, and the Navy must reorganize to address them. “To meet the unique maritime challenges of the Atlantic theater, we will rename Fleet Forces Command … Read more

Student Loan Horror Stories: Borrowed: $79,000. Paid: $190,000. Now Owes? $236,000

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By Matt Taibbi, via SubStack Whether it’s CNBC telling us what issues mattered to the young in the presidential election, or Yahoo! Finance telling us the big winners in the 2020 election were “young people and student voters,” or Forbes telling us “young people with student loan debt have a harder time reaching financial milestones,” the student loan controversy is almost universally … Read more

Congrats Federal Reserve, you’ve made recklessness great again.

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https://twitter.com/NorthmanTrader/status/1334807608117628930 “Money is now so easy, why not borrow what you can and put it into stocks? That’s what our customers are doing, and they’re making helluva lot of money.” https://t.co/iJfPXfqFss — Lisa Abramowicz (@lisaabramowicz1) December 4, 2020 US junk bond yields drop to All-time lows as yield hunting credit investors are piling into riskier … Read more

Shiller CAPE Ratio Rises Above 1929 Levels (And Highest Since Dot.com Bubble)

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by confoundedinterest17 The recent surge in tech stocks (aka, FANG stocks) has resulted in the highest Shiller Cyclically-adjusted Price-to-earnings (CAPE) ratio since the Dot.com bubble of 2000. And overall higher than 1929. Of course, helping the inflated valuations is The Fed. With Powell as “the leader of the pack.” Of course, The Fed can always take valuations higher. … Read more

Woman who slashed the neck of a random 7yr old little girl in the UK found not guilty

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Eltiona Skana denied murdering Emily Jones but pleaded guilty to manslaughter Emily was killed as she rode her scooter through a park in Bolton on Mother’s Day The seven-year-old was running towards her mother when Skana stabbed her  Prosecution today dropped the case due to no realistic prospect of a conviction  Skana, 30, who has paranoid … Read more

Scientists Are Predicting Polar Vortex To Bring Big Freeze And Coldest Winter :”People Should Be Prepared For a Real Flagstaff Winter”

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by Amy S.   Polar vortex enters Northern U.S. The stratospheric polar vortex is a large-scale region of air that is contained by a strong west-to-east jet stream that circles the polar region. This jet stream is usually referred to as the polar night jet. The polar vortex extends from the tropopause (the dividing line between … Read more