Junk bonds lose 43% of their value from here as this chart suggests we will be in a depression…..Gundlach: “By historic standards 62% of Triple B rated bonds should be considered junk status right now BUT are not”

Monster rally in U.S. junk-bonds currently underway. pic.twitter.com/W11bqrupdm — Tracy Alloway (@tracyalloway) January 8, 2019 Gundlach: "By historic standards 62% of Triple B rated bonds should be considered junk status right now BUT are not" — John Caruso 🌐 (@JCarusoRJO) …

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Trump Challenge: “Tear Down That Wall!”

by Wayne Root I was going to write a column about the wall. It’s certainly the biggest issue in America. But I can end that debate quickly. President Trump should issue a simple challenge: “My fellow Democrats, I have a challenge …

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2019 Headwinds Are Getting Stronger

via James Rickards  In 2017, every prominent economic forecasting entity was shouting from the rooftops about “synchronized global growth.” This was a reference to the fact that not only were certain economies growing, but they were all growing at the same time. …

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Comparing Mutual Funds and ETFs

via visualcapitalist: For the vast majority of investors, it makes sense to hold a diverse portfolio of investments. But, unless you are willing to go out and individually pick 20 different securities yourself, it’s likely you will be relying on financial …

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Germany Heads for a Technical Recession – This Economic Slowdown Is Not Unique To Germany But Has Been Spreading Across The EU

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter OK, this is embarrassing in the land of super-stimulus via the ECB’s negative-interest-rate policy and years of QE that were supposed to perform miracles: Production in Germany’s industry, which includes construction, dropped 1.9% in November from …

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Cue the ‘IT’S HAPPENING’ memes. France could be starting a revolution that will spread throughout Europe. Globalists in panic mode

by AnonDidNothingWrong Italy populist leaders back France ‘yellow vest’ protests ROME: The two leaders of Italy’s ruling populist coalition Monday spectacularly threw their support behind the “yellow vest” protesters roiling neighboring France. “Yellow vests, do not weaken!” Deputy Prime Minister …

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America and the Loss of Rule of Law

by axolotl_peyotl This is a very thought-provoking article that hits at the heart of the corruption in American politics today, a corruption that is explicitly bipartisan. The only way America can be saved, not just through newfound isolationism or trade wars, …

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Why don’t we all join Credit Unions?

by roman-s   Intro: Today I’ve learned that KeyPoint Credit Union (I have a car loan there) is a not-for-profit financial institute as any other Credit Unions. This was an eye-opener for me. I’ve read a little bit about Credit …

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