Global retreat underway?

by WARREN MOSLER US factory orders, Euro zone retail sales, UK services, ISM NY, Lumber prices US ISM New York Index at 7-Month Low in January

Forget earnings or macro. This is why markets have rallied.

Since Powell backtracked and the PBOC stepped up liquidity injections, global money supply has roundtripped to March 18 levels. Forget earnings or macro. This is why markets have rallied. pic.twitter.com/ANxj0EcdD1 — Daniel Lacalle (@dlacalle_IA) February 5, 2019 https://twitter.com/BrentCarlileFX/status/1092754783402905605 global euphoria …

READ MORE

Stock buybacks have only been legal since 1982. Look beyond the messenger and realize there’s maybe some good reasons to restrict buybacks.

Buybacks were illegal throughout most of the 20th century because they were considered a form of stock market manipulation. But in 1982, the Securities and Exchange Commission passed rule 10b-18, which created a legal process for buybacks and opened the floodgates for companies …

READ MORE

On-going Canadian Crypto Exchange scandal — #1 Canadian exchange QuadrigaCX shuts down amid sole director’s sudden “death” in India, losing $150-250m in funds — lots of twists and turns, things aren’t adding up.

by RDS QuadrigaCX was the #1 canadian crypto exchange, had over 100,000 active accounts and has lost approx $150-$250M dollars of creditor’s funds (~$70M fiat and $150M crypto). For more information, see here: https://www.coindesk.com/quadriga-creditor-protection-filing CBC coverage: https://www.youtube.com/watch?v=2RO9-DcCP0c&feature=youtu.be (thousands of clients is …

READ MORE

The #Resistance Are the New Neocons

by Daniel Carter The US propaganda machine, also known as the mainstream media, has been incredibly successful at shaping the thoughts and behavior of the US public. Just think about it. Every war the ruling elites have wanted, they have …

READ MORE

The Fed Won’t Be Able to Stop What’s Coming

by Graham Summers of Gains, Pains, & Capital While the media focuses on the political hot topic du jour, major corporations are telling us that a recession is fast approaching. Economic bellwether and industrial Caterpillar missed estimates and downgraded its guidance for 2019. …

READ MORE

The same media told us that David Hogg was just a child and should be left alone, relentlessly went after younger children at Covington High for “smirking”. Here is a list of of defendants being sued for slander.

by Playaguy Sandmann lawyer: Letters sent to New York Times, Today Show, 50 others may precede suits The Washington Post The New York Times Cable News Network, Inc. (CNN) The Guardian National Public Radio TMZ Atlantic Media Inc. Capitol Hill Publishing …

READ MORE

French citizens’ legendary right to protest has just been screwed over. New “anti-breakers law” forbidding anyone to protest with any kind of face/breathing protection. If you do, you’re jailed. Few cities have been forbidden to protest at all.

by FeltMtn So basically the French government created this new sudden law that is going to spice things up a bit. So, we ALL know there is only a tiny portion of these protestors breaking public material and deputies decided …

READ MORE

As Goes January…? Really?

by Tom McClellan The stock market’s relationship to its normal seasonality has gotten wacky lately.  October to December is supposed to be an up period for stock prices, and instead we saw a very sharp correction.  In recent years, January has …

READ MORE