Breaking news, updates, and reports on current events.
Chicago bond shops helping hawk the city’s big $1.2 billion offering stand to earn lucrative fees, but they’ll have to work hard for the money. It’s the city’s largest bond sale since 2017 and perhaps the largest ever in terms of the $3.2 million in fees earmarked for minority-owned underwriters, including Chicago-based Loop Capital Markets and … Read more
We end this year with another massive #liquidity impulse by central banks around the globe! #monetaryeasing pic.twitter.com/skHHv9RGuI — jeroen blokland (@jsblokland) December 23, 2019 Short-term traders exposure to the US equity market (can you say #pilein) $ES_F $SPX pic.twitter.com/0tRB1sWekj — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) December 23, 2019 The best year financial markets have ever … Read more
via JACK MCKERRIGAN: As I first read Bryan Caplan’s “Open Borders Are a Trillion-Dollar Idea” in Foreign Policy, besides disbelief, my thoughts were that this person must not get out much or must not read much. A quote from writer Upton Sinclair came to mind as well: “It is difficult to get a man to understand something, … Read more
by Michael Snyder A lot of really strange things have been happening late in 2019, and now we have another one to add to the list. While it is still Christmas night here in the United States, the other side of the world will be viewing a very unusual solar eclipse. For those fortunate enough … Read more
by Michael Snyder One thing that you can count on in life is that things are going to change. And these days the pace of change in America is absolutely breathtaking. Our culture is in the process of being radically transformed, and the direction of that change has not altered very much at all no … Read more
BY JOHN RUBINO Robert Kyosaki: Who stole your pension? … Gerald Celente: 2020 new world disorder … Max Keiser: Central banks will push gold higher in 2020 … Peter Schiff: The US economy is the biggest bubble ever … Ted Butler: Gold and silver futures are behaving “in a way I’ve never seen before” … … Read more
The FBI broke into President Trump’s campaign, spied on him, then tried to cover it up. This is a modern-day Watergate. pic.twitter.com/7YfyARPIlr — Kevin McCarthy (@SpeakerMcCarthy) December 22, 2019
https://www.youtube.com/watch?v=MAI_Mp92ZZo The [DS] is trapped by their own doing, the patriots have them exactly where they want them. Every action they take is exposing them to the country, which in turn wakes the population up. Admiral Rogers is now working with the investigative team, the [DS] is trying to get ahead of the MOAB by … Read more
https://twitter.com/RealDavidJensen/status/1208880051669745665 https://twitter.com/hughesanalytics/status/1208695102387953664
I get it. Central banks are easing. Why does the stock market keep going up when earnings growth is negative? “It’s the liquidity, stupid.” https://t.co/tbLQy8t47B — David Kudla (@David_Kudla) December 22, 2019 The actual market P/E ratio & company P/E ratios are really DOUBLE what they appear, because both the US + China experienced parabolic … Read more
by DCG At this point, I expect the “experts” to tell us that the only thing that isn’t bad for your carbon footprint is abortion and doctor-assisted suicide. From Daily Mail: Families that often dine out and consume large quantities of sweets and alcohol are likely to have a higher carbon footprint than meat eaters, a study … Read more
La Repubblica has had access to the video and audio recordings of the Spanish company, UC Global, which spied on the WikiLeaks founder, his team of journalists and all of us who visited Assange at the Ecuadorian embassy for the last seven years. Video footage and audio recordings reveal an appalling violation of privacy. All … Read more
via MarketWatch: Rarely has failure been celebrated so much. But it is of little wonder, after all, as all asset classes rose in 2019 despite slowing economic growth and flat-to-declining earnings. In religious debates, this question is often asked: Why is there something instead of nothing? In financial markets, the corollary may be easier to … Read more
Every major city in California is spending tens of millions or more on programs for the homeless. But most of the money is being wasted. Why? Because there is a Homeless Industrial Complex that is getting filthy rich, wasting the money, while the homeless population swells. WHAT IS THE HOMELESS INDUSTRIAL COMPLEX? Here’s how the … Read more
https://www.bloomberg.com/news/articles/2019-12-21/the-fed-is-entrenched-in-the-repo-market-how-does-it-get-out At the Federal Reserve, 2020 will be all about making the repo market boring again. Policy makers will find this easier said than done. The central bank’s liquidity injections — including almost half a trillion dollars earmarked to ensure New Year’s Eve is a snooze — and Treasury bill purchases have nudged the vital … Read more
by Larry White via Lone Star White House By now it has become obvious that the ongoing political war has completely consumed the US media and overtaken virtually every other storyline. This is actually in line with things we have talked about here for some time. Our best guess analysis was that the enormous political divide that exists, … Read more
via axios: 2019 was a transformative year for the U.S. news media industry, but it was also one of the most turbulent points in its history. The big picture: There were enormous business challenges, which resulted in an unprecedented number of layoffs, desperate product maneuvers and fire-sale deals. Driving the news: The impeachment of President Trump by the … Read more
Gerald Celente, a top trends researcher and Publisher of The Trends Journal, says his magazine motto is “Tomorrow’s news today.” Celente says, “We are the only magazine in the world that tells you history before it happens.” Let’s start with what just happened to President Trump with the House of Representatives voting to impeach. Is … Read more
by Fabius Maximus Summary: America’s social cohesion is fracturing. Social conflicts are heating up. Some predict a civil war. If we are to survive this, even win, we need to become tougher. Here are a few sources of inspiration to help us make the coming hard decisions. “A revolution is not a dinner party, or writing … Read more
While the fact bears noting that Notre Dame did not falter in holding Christmas services through 2 world wars, and centuries of time.. I take exception to the word “accidental” in describing the Notre Dame fire this year. there is zero proof of that. from the article: https://www.hotsr.com/news/2019/dec/21/notre-dame-cathedral-to-miss-first-chri/ “This is the first time since the … Read more