Earnings Alarm Bells Ringing; Signs of Fatigue… Junk-Debt Sales Soar Toward Record

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(Bloomberg) — An alarming number of companies have warned that profits won’t meet expectations when they report in a month. The group, including PP Industries Inc. and Sherwin-Williams Co., are primarily materials producers that have struggled amid supply-chain disruptions. While just a small part of the S&P 500, their earnings have historically been the most … Read more

China’s Black Swan Has Arrived… Are You Ready?

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by The Phoenix The market is a sea of red this morning. The issue at hand is China’s massive Evergrande property developer. The company is effectively insolvent, with over $300 billion in bad loans. Many are calling this “China’s Lehman Moment.” The company’s stock is down 80% Year to Date. How serious is this? Serious. Real … Read more

MSM is now calling Evergrande a “contagion threat” that’s affecting global stock markets

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Wall Street joins global sell-off as Evergrande crisis intensifies via @FT https://t.co/Snd1bEpbdW — Stare Decisis (@MsResJudicata) September 20, 2021 Source: Finanical Times – https://www.ft.com/content/952923b7-f421-407e-b14a-ad2ff190a134 Marketwatch on why Evergrande is down 13% this morning.   It’s a bloodbath across china today. People I know have no idea what’s happening and are panicking. If you think Evergrande … Read more

Riptide in the World Economy

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by Martin Armstrong COMMENT: Marty, I think the storms are creating dangerous rip currents that just suck swimmers out to sea here in Jersey. Never hear about that in Florida. I guess that and taxes are what made you leave. LOL DK REPLY: Actually, I was caught in one when I was a teenager. My uncle was perhaps … Read more

Pennsylvania Rations Alcohol Due To Crippled Supply-Chain

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A shortage of certain alcohol brands is leaving some drinkers in low spirits; the Pennsylvania Liquor Control Board (PLCB) announced this week it would begin rationing a list of popular liquor labels. Due to sustained supply chain disruptions and product shortages, purchase limits of two bottles, per customer, per day were applied to certain items beginning Friday, Sept. 17, … Read more

Another Chinese property developer collapsed this afternoon in Hong Kong…

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And another and another…Guangzhou R&F Properties also collapsing… pic.twitter.com/9wQebzDOpa — 🇺🇸 Kyle Bass 🇹🇼 (@Jkylebass) September 20, 2021 US debt issues Credit default swaps in US have spiked up.. Welcome to the perfect storm where everything is going to fuck up this fall pic.twitter.com/fcixWj5tMR — Alessio (@AlessioTMAD) September 20, 2021 https://twitter.com/farrisbaba/status/1439910823846109189 US stocks my finally … Read more

Here Is How You Should Use CBD Cream To Ease Your Muscle Pain?

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Today, Cannabidiol is known to be a cure-all ingredient in the medical area. More and more people are drawn towards it and making it a significant part of their lifestyles. With this popularity, their products are in all-time high demand. Its industry is tirelessly producing several CBD-infused products. The industry is experiencing exponential growth in … Read more