US Freight Shipments Fall Below 2014 Level, Hit by Shale Oil & Gas Bust. Manufacturing, Construction Also Drag

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But consumers are doing their job, online. Freight shipment volume in the US by truck, rail, air, and barge of consumer and industrial goods but not bulk commodities declined 3.3% in November from a year ago, the 12th month in a row of year-over-year declines, according to the Cass Freight Index for … Read more

First Central Bank Exits Negative Interest Rates

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Today’s rate hike by the central bank of Sweden ends an absurdity. ECB and other central banks with negative rates are getting ready to follow. The central bank of Sweden, the Riksbank, has thrown in the towel on negative interest rates, and has become the first central bank in history to … Read more

Sacrifices Made, The Enormity Of What Is Coming Will Shock The World

https://www.youtube.com/watch?v=Jt31kNPZSaE The [DS}/Ds voted for a fake impeachment. Pelosi is trying to hold the articles of impeachment instead of sending them to the Senate. Ted Cruz says Trump would like to call witnesses. Q drops more bread, the fake impeachment might be ruled on by the Supreme Court. Sacrifices were made for the greater good, … Read more

Bloomberg: Air Keeps Pumping Into the U.S. Valuation Balloon… WSJ: Financial Watchdog Warns About Dangers of Leveraged Loans.. Options Traders Eye Insurance

Air Keeps Pumping Into the U.S. Valuation Balloon: Bloomberg Decomposing soon deflates the bubble of optimism about further gains. Financial Watchdog Warns About Dangers of Leveraged Loans: WSJ The boom in the market for leveraged loans, a favorite financing source of private-equity-backed companies, has created vulnerabilities in the global financial system, according to a report … Read more

Mnuchin: “I think the concern is that the New York Fed is not supporting the repo market. They ARE the repo market. I think that’s the challenge.”

via wallstreetonparade: When it comes to Wall Street’s mindset, the thinking is that it’s legal if you can get away with it. That mindset seems to have captured the Federal Reserve Bank of New York which secretly pumped trillions of dollars into insolvent banks in violation of its statutory mandate during the financial crisis; is alleged … Read more

A timely reminder from William Cooper: The more divided & confused we are, the more control they gain.

by spagettatog No matter your opinion of Behold a Pale Horse, there are indisputably some powerful truth bombs in that book. This one is as old as civilisation itself. But in the current political and social climate, it is one that is very relevant. Always remember: DIVIDE and CONQUER has always been play no. 1 in … Read more

US Economic FREE FALL Worsens.. Stocks Will Gain… By Gregory Mannarino

TradersChoice.net, Released on 12/19/19 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 global slowdown was not driven by the trade war and will not change to strong growth with the trade deal.

The global slowdown was not driven by the trade war and will not change to strong growth with the trade deal. Recent political catalysts like the phase one trade deal and the UK elections are unlikely to be major drivers of global growth trends. pic.twitter.com/8ADLzdFSJ9 — Daniel Lacalle (@dlacalle_IA) December 17, 2019

“Our military would never allow SOCIALISM of any kind in our country”

by thegeebeebee This is telling. @SenSanders has received more contributions from military members than Joe Biden, Pete Buttigieg, and Donald Trump combined. pic.twitter.com/t2KJUfMCGm — Andrew Kimmel (@andrewkimmel) December 19, 2019 Article that this chart came from: https://foreignpolicy.com/2019/11/08/2020-presidential-election-democratic-candidates-national-security-employees-contributions/ I do want to make it clear that Bernie Sanders is a Democratic Socialist, which is quite a difference from … Read more

5 Pentagon officials announcing resignation within 7 days

The Defense Department’s senior adviser for international cooperation earlier this week left the Pentagon, marking the fifth top official in seven days to leave or announce their departure. Ambassador Tina Kaidanow, a longtime State Department official who began working in her Pentagon role in September 2018, resigned on Dec. 16, the Pentagon confirmed. Defense News first reported … Read more