CDO’s are back and made a real Bull run in 2017….. in 2017 there was a 3x spike in CDO’s, nearly as good as 2006/2007..

https://www.sifma.org/resources/research/us-abs-issuance-and-outstanding/ If you can understand this diagram, you will understand CDO impacts on markets. This one has housing as the anchor. The next one will be debt in general: https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%932008#/media/File:CDO_-_FCIC_and_IMF_Diagram.png CDOS are very complex. If you are interested in the minutia …

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“Corporations are borrowing against their net worth, as opposed to borrowing against cash flow and income, which in effect is the same thing households were doing in 2004, 2005 and 2006.”

via CNBC: The roots of the next recession could lie in U.S. corporates’ debt-to-cash ratios, a top U.S. economist warned Wednesday. The cash-to-debt ratio of speculative-grade borrowers reached a record low of 12 percent in 2017, below the 14 percent …

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How to Get Rich in the Swamp

by Bill Bonner YOUGHAL, IRELAND – Today, we take a look at the Swamp. Slimy, slippery, slithery – the Swamp stretches out from the banks of the Potomac and beyond. It is home to the government, of course, but also to …

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SNOPES BS

By Gerold Do you still trust SNOPES? I posted this picture to Facebook. SNOPES labeled it “Mixed” insofar it wasn’t during Hurricane Florence, but during Hurricane Ike. They couldn’t very well call it “False” because, after all, there are the photos …

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Something Is Probably Wrong…

https://twitter.com/OccupyWisdom/status/1041917134660624384 https://twitter.com/OccupyWisdom/status/1041922711897993221 US slowdown is nearing — fiscal stimulus has faded, and trade wars have already created a global slow down in trade, next up is US repricing of assets pic.twitter.com/xnaLWAqRPY — Alastair (@StockBoardAsset) September 17, 2018 https://twitter.com/OccupyWisdom/status/1041825272151138305 https://twitter.com/OccupyWisdom/status/1041893298288439296 https://twitter.com/OccupyWisdom/status/1041893323190022149 …

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Biggest Restaurant Scandals In History

It doesn’t matter how big or small a restaurant is, one thing is of the utmost importance: reputation. Unfortunately, even the biggest chains can ruin their reputations with a few missteps, and these chains did exactly that when they brought …

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How Millennials Impact the Housing Market

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Millennials are settling in urban centers. In many ZIP codes, they’re already the majority. And they spend their money on rent. It’s tough being a millennial. Millennials are accused of killing entire industries: casual dining chains …

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