Breaking news, updates, and reports on current events.
This time, a new thingy, “Commercial-Real-Estate CLOs.” But investors don’t care because they’re too busy chasing yield. By Wolf Richter for WOLF STREET. There is a fairly new and popular creature in the hopping party-town of securitizations: “commercial-real-estate Collateralized Loan Obligations.” These CLOs are bonds backed by risky commercial real-estate “transitional loans,” such as loans to fix up … Read more
Oh no… 😳 https://t.co/5WcbRF7GpJ — Nomi Prins (@nomiprins) December 31, 2019 The U.S. economy is “structurally less recession-prone today,” Goldman Sachs economists said. That calls comes just months after Wall Street feared that an inverted yield curve was signaling an imminent recession. Goldman cites five factors that pose a reduced threat to the “Great Moderation” … Read more
https://www.youtube.com/watch?v=XKnYsuYqnRI Every Liberal run city has one thing in common: mis-management of taxpayer’s fund. They all have higher crime rate, higher unemployment, higher drug use, and higher homelessness problems. And how do they fix it? They ask you the John Q. Taxpayer to bail them out of the mess they created.
Bitcoin evangelist John McAfee has threatened to “bury” the US government if they keep harassing him over unpaid taxes, promising to leak a huge trove of files proving corruption throughout Washington and its allies. “I’ve collected files on corruption in governments. For the first time, I’m naming names and specifics,” McAfee warned in a string … Read more
We’ve heard this before from countless other sources but few are as worthy of taking note as this guy. His concerns are real and we should be doing ALOT more to prevent harm. AC
by Martin Armstrong The Repo Crisis for year-end has had the Fed pumping in a staggering amount of about $234 billion into the repo markets. They are exchanging high-quality capital for cash to suppress market volatility and maintain the central bank’s overnight funds level, which is used as a benchmark for multiple other short-term … Read more
Caution: http://archive.ph/wip/gc2Lq
Donald J. Trump @realDonaldTrump · 3m I will be signing our very large and comprehensive Phase One Trade Deal with China on January 15. The ceremony will take place at the White House. High level representatives of China will be present. At a later date I will be going to Beijing where talks will begin … Read more
Defrauded’ investor wants Hunter Biden’s bank records to prove VP’s son received $1.5bn from Chinese companies that ‘hustled Americans out of life savings’ in latest twist in paternity battle Defrauded investor’ Joel Caplan asked an Arkansas judge to allow him to join in on Lunden Roberts’ suit against Hunter Biden, according to docs filed Monday … Read more
The Daily Caller’s Stephanie Hamill and the Daily Caller News Foundation’s Vince Shkreli list off the strangest and most absurd things said by Democratic Rep. Alexandria Ocasio-Cortez of New York in 2019. Ocasio-Cortez, one of the most talked about women in Congress, was no stranger to social media this past year. This gave us plenty … Read more
Sanctuary Cities a.k.a. Treason Towns have become an unavoidable crisis. The just-released U.S. Immigration and Customs Enforcement Fiscal Year 2019 Enforcement and Removal Operations Report shows that ICE deported 267,258 illegals and issued 165,487 “detainers” (requests that local authorities hold illegals in jail until ICE can deport, them). But, increasingly, Democrat local officials are refusing to honor detainers and releasing … Read more
More than 200,000 people left California, on net, between 2018 and 2019 to move elsewhere in the country, the Census Bureau reported Monday, making it the nation’s leader in out-migration. California was one of only three states to have population losses greater than 100,000. The others were New York at 181,000 and Illinois at 105,000. The net … Read more
https://www.youtube.com/watch?v=nzHwtAWRycg 100% Fed Up reports, Racist Joy Reid and hateful guest Eric Boehlert delivered a shocking bias on MSNBC where they ranted about “white, Midwestern Trump voters.” It shouldn’t surprise anyone that this opinion news does nothing but foment hate and division in America. Read More/Source/Credit/FairUse: https://100percentfedup.com/msnbc-gue…
TradersChoice.net, Released on 12/31/19 Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate … Read more
…. the Turn repo rate dropped another 75 basis points from 2.75% down to 2.00%, confirming that dealers had lost all fears of a year-end funding squeeze. This happened after only $8.3 billion showed up for the 15 day term operation out of a possible $35 billion On Monday. https://www.zerohedge.com/markets/year-end-repo-crisis-ends-whimper-amid-massive-liquidity-glut
by Frank Holmes, CEO, U.S. Global Investors According to the Chinese Zodiac Calendar, 2019 was the Year of the Pig. Investors and traders, I believe, will likely also remember it as the year of the bull. Every asset type, it seems—from large-caps to small-caps, from foreign to domestic, from gold to oil—finished not just up for the … Read more
by The Phoenix Happy New Year’s Eve! As we wind down 2019, stocks are making a small pullback. Barring a complete meltdown today, stocks are about to finish 2019 with gains of over 28%. That’s an incredible return for a single year. And 2020 is looking to be just as bullish. Forget earnings, forget the economy, … Read more
