Bad News For Oil: Refinery Profits Are Sliding

By Alex Kimani After a short-lived, half-hearted rally, oil prices are down again with a vengeance, retracing levels last seen before the assassination of General Soleimani by the American government. WTI prices surged towards $70 per barrel after the killing; the latest trajectory has taken prices below $59 per barrel even as efforts at de-escalation continue; … Read more

The Great Stock Overvaluing

By Harry Dent In the past, I have shown that we were at the highs for key valuation indicators even though we were not for the current favorite: the Shiller CAPE P/E Ratio. That was 44 at the top in early 2000 and has been as high as 33 in 2018. CAPE means “cyclically adjusted … Read more

Mnuchin: US Works With China To Cut Off All Iranian Oil Imports

By Tsvetana Paraskova The United States is working closely with China to have it cut off altogether imports of Iranian crude oil, as the U.S. steps up sanctions pressure on the Iranian regime, U.S. Secretary of the Treasury, Steven Mnuchin, told Fox News’ ‘Sunday Morning Futures’. Despite the U.S. crackdown on Chinese tanker companies dealing with Iranian oil, … Read more

Dutchsinse – eliminated from the internet

His youtube channel with almost half a million followers has had all the videos removed and his Twitter account, web site, etc., ALL GONE https://www.youtube.com/user/dutchsinse/videos Nobody walks away from that many followers willingly. Something is up and it happened when he reported on the Iran EQ near their nuclear power plant a week ago when … Read more

James O’Keefe: BREAKING – @BernieSanders “free education” policies to “teach you how to not be a f**king nazi.”; ‘There is a reason Stalin had Gulags’; ‘Expect violent reaction’ for speech. If Bernie doesn’t get nomination “Milwaukee will burn”

BREAKING: @BernieSanders “free education” policies to “teach you how to not be a f**king nazi.”; 'There is a reason Stalin had Gulags'; 'Expect violent reaction' for speech. If Bernie doesn't get nomination "Milwaukee will burn" Stay tuned: https://t.co/BFGnoCeJE7#Expose2020 pic.twitter.com/Koh6UTibbe — James O'Keefe (@JamesOKeefeIII) January 14, 2020 BREAKING VIDEO: Kyle Jurek, Bernie Sanders Campaign Field Organizer: … Read more

The 3 Reasons Gold Will Remain Above $1,600 in 2020

From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving precious metals and the overall economy. Stories include: Why strategists expect gold to form a new base around the $1,600 level, gold could reach $3,000 by 2025, and constant gold buying shows risk aversion in the stock market. 3 … Read more

Trump Considering Dramatic Expansion Of Nations Added To Travel Ban List

President Donald Trump is reportedly considering ramping up the number of countries that are on the travel ban list, which targets countries that have strong ties to terrorism. The Associated Press spoke to several people in the Trump administration who reportedly said that the expanded travel ban list was “timed to coincide with the third … Read more

Bill Holter: The Fed Has Already Lost Control

Arcadia Economics, Released on 1/12/20 After months of the Fed injecting more credit into the system, it seems as if not only have the problems not been resolved, but they appear to be getting worse.  Bill believes the Federal Reserve has lost control, and the everything bubble is coming to an end. Bill also talks … Read more

Could the Fed Ever Exit the Repo Market?

by Martin Armstrong It is stunning how after more than three months, the analysis on the repo market is still nowhere close to reality. I believe that those in the trenches are, like me, afraid to really explain what is taking place for fear they will be blamed for creating a financial panic. The popular … Read more

BOOM. The investment-grade corporate bond market has grown more than any other credit market since 2006 – driven in part by ratings migration, M&A, and dividend payouts. Chart via JPM:

BOOM. The investment-grade corporate bond market has grown more than any other credit market since 2006 – driven in part by ratings migration, M&A, and dividend payouts. Chart via JPM: pic.twitter.com/3dGq7OhAUS — Tracy Alloway (@tracyalloway) January 13, 2020 Equity positioning pic.twitter.com/VSy5VKWY5j — Teddy Vallee (@TeddyVallee) January 13, 2020

“Didn’t the Fed cut interest rates 3 times last year in order to encourage more borrowing? Wasn’t a China trade deal going to bring back executive confidence?”

Commercial and industrial loans outstanding just fell to the lowest level since March. “Didn't the Fed cut interest rates 3 times last year in order to encourage more borrowing? Wasn't a China trade deal going to bring back executive confidence?” @pboockvar pic.twitter.com/pnZ4YEx4lY — Carl Quintanilla (@carlquintanilla) January 13, 2020 Global growth pic.twitter.com/R9CyPyrsOd — Win Smart, … Read more

California Water Infected With Increasing Fecal Bacteria As Democrats Allow Homeless Crisis to Worsen

California Health Line reports: “We should all work together to clean up these hazardous waste and homeless sites before the whole city rots away,” Trump tweeted about San Francisco on Oct. 26. “Very bad and dangerous conditions, also severely impacting the Pacific Ocean and water supply.” San Francisco officials were quick to dispute Trump’s claims. But some … Read more