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by Peter Schiff of Peter Schiff Podcast China won’t let #Evergrande be the next Lehman Brothers. Fed took us 1 step forward and 100 steps back. Higher retail sales doesn’t mean consumers are buying more. Americans are least likely to buy a new car since 1974. FULL SHOW NOTES AND LINKS HERE
https://www.youtube.com/watch?v=dNxFHFZTCDM Evergrande Group, one of China’s largest lenders, could be on the verge of a debt default, with the prospect sending tremors throughout markets around the globe. Michael Gayed, publisher of the Lead-Lag Report, offers his forecast on the future of the indebted firm and whether it could be the next Lehman Brothers. (1:04) Then … Read more
https://www.youtube.com/watch?v=rcYvE0uIxq8 Collin Rugg from Trending Politics reports, California Democrat Representative Adam Schiff has called for a full investigation into Joe Biden’s failed airstrike that killed an innocent Afghan aid worker and nine others, seven of which were innocent children. Read More/Source/Credit/FairUse: https://trendingpolitics.com/breaking-adam-schiff-calls-for-investigation-into-joe-biden-crugg/
A shocking new survey has found that less than half of Americans polled believe that the current president of the United States has the mental capacity to hold his elected position. According to the result of the Fox News poll, just 49 percent of respondents think that Biden has the “mental soundness” to serve as … Read more
French President Emmanuel Macron’s anger over Paris being cut out of a nuclear submarine construction arrangement with Australia is not likely to ebb anytime soon, according to reports, as the embattled leader seeks to settle on additional responses. The French leader’s angst stems from a deal that appears to have been done behind Paris’ back … Read more
by confoundedinterest17 Chubby Checker sang “The Limbo Rock” with the tag line “How low can you go?” With the help of the European Central Bank’s endless monetary stimulus, twenty Europeans nations have negative sovereign yields. That is negative NOMINAL yields.
How did they pull such an enormous network together so fast? In the wake of the Afghanistan debacle, a full court press is on to bring a wave of refugees from the perpetually war-marred Central Asian nation into a United States that is already facing an illegal immigration crisis of such proportion that it poses … Read more
by Ryan McMaken of Mises Institute Fed chairman Jerome Powell has decided the Fed ought to “review” its ethics policies after it was revealed that high-ranking personnel at the Fed were actively trading stocks even as the Fed was busy pulling the levers on monetary policy. CNBC reported today: Federal Reserve Chairman Jerome Powell directed staff to review the central bank’s … Read more
Elon isn’t impressed with Sleepy Joe lol, Link to Elon’s tweet 2 hrs ago h/t conspiracythierry
by confoundedinterest17 Pop goes the weasel! (Bloomberg) — The S&P 500 Index extended its decline past 2% Monday afternoon amid growing investor jitters about China’s real estate crackdown potentially sparking a financial contagion. And the Hang Seng fell 3.30% overnight. The benchmark gauge was down 2.1% as of 12:08 p.m. in New York. All of the 11 major … Read more
everyone is getting sold out across the board. amazing to see this happening. people are mesmerized by the state. Union leaders = brood of vipers h/t Dan
Is it here yet? I don’t know, but signals all over the place. View post on imgur.com h/t CharlieFoxtrot
“‘The EATS Act would prevent states from impeding agricultural trade from other states within the United States—consistent with the Commerce Clause of the Constitution, which provides the federal government with the duty to regulate interstate commerce,’ said Sen. Hyde-Smith in a press release. ‘State and local units of government would still be able to regulate … Read more
Under fire for allegations that it bowed to pressure from China and other governments, the World Bank has dropped a popular report that ranked countries by how welcoming they are to businesses. The report is important to many companies and investors around the world: They use the World Bank’s “Doing Business” report to help decide … Read more
In China, embattled real estate giant Evergrande faces a major moment of truth this week. The company owes an estimated 300 billion dollars, and is expected to default on bond payments. Evergrande operates and develops 1,300 real estate projects across China and employs 200,000 people. The company financed its breakneck expansion with credit and bond issues. … Read more
by Chris Kimble When Doc Copper speaks, investors should listen. And it may be that time again. The price of copper broke above the $4 mark early this year… but it’s struggled to maintain its momentum and is in a multi-month pullback. Today’s chart is a “weekly” chart of Copper. And as you can see, Doc Copper … Read more
Ryan Puplava, CEO of Financial Sense Wealth Management, discusses the events and concerns surrounding one of China’s largest property developers, Evergrande, which led to a sell-off in Chinese and global markets. Ryan also looks at a number of items creating investor uncertainty at present and where we are seeing the greatest pressure on the market.
