Month: January 2022

A News Blackout on the Fed’s Naming of the Banks that Got Its Emergency Repo Loans; Some Journalists Appear to Be Under Gag Orders

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Intro: Four days ago, the Federal Reserve released the names of the banks that had received $4.5 trillion in cumulative loans in the last quarter of 2019 under its emergency repo loan operations for a liquidity crisis that has yet to be credibly explained. Among the largest borrowers were JPMorgan Chase, Goldman Sachs and Citigroup, … Read more

Small Caps Could Be In Trouble In 2022

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By Lance Roberts “Small caps,” or small-capitalization companies, could be in trouble next year if signs from the NFIB survey are correct. In September 2019, I wrote “NFIB Survey Trips Economic Alarms,” It was just a few short months before the U.S. economy fell into a deep recession. The latest NFIB survey sends a strong warning to investors piling … Read more

US Trade Deficit Widens 17.5% in November

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by Martin Armstrong The US Trade deficit widened 17.5% in November, setting a new record. According to the US Commerce Department, the trade gap in goods increased from $83.2 billion in October to $97.8 billion in November. The number surpassed September’s posting of $97 billion. Exports declined by 2.1%; however, imports are rising. The US … Read more