Evergrande Was Just 1st Domino? More Chinese Real Estate Developers Rapidly Missing Bond Payments

On Friday, another developer, China Properties Group, said it had defaulted on $226 million worth of notes. All eyes will be on Chinese real estate developer Sinic Holdings, which warned last week it’s not likely to repay offshore bonds worth $250 million due on Monday. Defaults loom over more property developers as China reassures investors … Read more

CNN Schedules Emergency Town Hall With Joe Biden To Improve His Approval Ratings

After a horrendous few months in the polls for Joe Biden, CNN is sending in the reinforcements. In order to help their beloved Joe to improve his numbers, they are scheduling an urgent Town Hall so he can pitch his agenda to the American people once more. https://trendingpolitics.com/cnn-schedules-emergency-town-hall-with-joe-biden-to-improve-his-approval-ratings/   h/t Doorbert Returns

Facebook allows messages on human smuggling…

Social media giant Facebook acknowledged to Arizona Attorney General Mark Brnovich it allows a platform for those seeking advice on human smuggling over international borders. Brnovich is now asking Attorney General Merrick Garland to investigate the matter, saying Facebook’s policy “undermines the rule of law.” The California-based social media company responded July 30 to an … Read more

When your news is gas lighting you to just accept empty shelves and lower your expectations of Biden.

  Conspiracy is the double speak gas lighting by media. Here, in this case, telling us Americans to just accept empty shelves and lower our expectations. Which is weird because my expectations of “Bare Shelves Biden” already couldn’t get any lower. https://www.washingtonpost.com/opinions/2021/10/18/dont-rant-about-short-staffed-stores-supply-chain-woes-try-lower-expectations/     h/t gohomeblackface

Dont worry guys. Biden isn’t just giving the unaccompanied minors to just any random people. Hes flying them to “vetted sponsors”…

https://youtu.be/NqW4gBb-YS8 Something tells me that the kids would actually be better of in the hands of any random person than the hands of people specifically vetted by the Biden administration. Why do kids who cross the southern border without an adult need to take a plane ride or two just to reach a “vetted sponsor”? … Read more

Perfect Storm: Evergrande Set to Default Saturday. Contagion Already Spreading. US Treasury Likely Defaults December 3rd.

*EVERGRANDE’S DEAL TO SAVE IT FROM DEFAULT HAS BEEN SUSPENDED -RTRS — Alessio (@AlessioTMAD) October 19, 2021 Plenty of time for the others to default in 2022 as well 👍. Mountain of USD debt shall be serviced in 22. Way more due than in 2021. pic.twitter.com/R0amI3OtLj — tunga trades (@tungatrades) October 17, 2021 The Chinese … Read more

How to ACTUALLY play earnings

by HeinekenCoC NEVER BUY NAKED OPTIONS ON EARNINGS PLAYS. YOU ARE ALMOST ALWAYS BETTER OFF BUYING OTM DEBIT SPREADS. For example, lets take Tesla. I’m a bear on it and expect a 5-10% drawdown by next week. I can buy 10/22 puts. But the ATM puts go for 2000 a pop. Lets say I buy … Read more

Global Economic Momentum Continues To Disappoint…. US Economy Suddenly On Verge Of Contraction…

Out latest daily #World #economy read. Economic momentum still falling…. pic.twitter.com/Q0UasVwayE — CrossBorder Capital/ GLIndexes (@crossbordercap) October 19, 2021 Global economic momentum continues to disappoint. Citi's G10 economic surprises index falls to -44.5, lowest since June last year. pic.twitter.com/nkixE13fRR — Jamie McGeever (@ReutersJamie) October 20, 2021 How vulnerable are #stockmarkets? Our daily indicator of risk … Read more

Wanted: 80,000 truck drivers to help fix the supply chain

The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking Association, tells CNN. That’s a 30% increase from before the pandemic, when the industry already faced a labor shortage of 61,500 drivers. “That’s a pretty big spike,” Spear added. Many drivers are retiring, dropping out of … Read more

CA’s Last KMART To Close…

GRASS VALLEY (CBS13) — California’s last remaining Kmart is closing before Christmas. A worker at the Grass Valley store says they got word of the impending closure last week. The store is now set to be closed for good on Dec. 19. https://sacramento.cbslocal.com/2021/10/19/kmart-grass-valley-closing-december/

VIDEO: Republican Rep. Jeff Fortenberry says he expects to be indicted for lying to the FBI

Republican Congressman Rep. Jeff Fortenberry announced in a YouTube video Tuesday morning that he expects to be indicted on a charge of lying to the FBI. He said investigators “accused me of lying and are charging me with this.” .. Fortenberry is one of several lawmakers who investigators said received illegal campaign contributions from the Lebanese-Nigerian … Read more