Fed Chair Powell Had 4 Private Phone Calls with BlackRock’s CEO Since March as BlackRock Manages Upwards of $25 Million of Powell’s Personal Money and Lands 3 No-Bid Deals with the Fed

via wallstreetonparade: Earlier this year, Wall Street On Parade reported that the Chairman of the Federal Reserve, Jerome Powell, had an upward range of $11.6 million invested with the investment management firm, BlackRock, and its iShares Exchange Traded Funds, according to …

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STIMULUS DEAL TALKS HAVE BROKEN DOWN, TRUMP PREPARING EXECUTIVE ORDERS AS EARLY AS TONIGHT – FOX BUSINESS

STIMULUS DEAL TALKS HAVE BROKEN DOWN, TRUMP PREPARING EXECUTIVE ORDERS AS EARLY AS TONIGHT – FOX BUSINESS — Breaking Market News (@breakingmkts) August 7, 2020 https://twitter.com/Fxhedgers/status/1291814558789582848 *MNUCHIN SAYS HE'LL SUGGEST TRUMP TAKE EXECUTIVE ACTION ON AID — zerohedge (@zerohedge) August …

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Lumber Prices Outpacing Timber

by Tom McClellan The recovery from the Covid Crash has helped to boost lumber futures prices up to challenge the record high made in 2018.  That peak in 2018 came about when the U.S. government imposed “softwood lumber” tariffs on Canadian …

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Total Household Debt Decreased in Q2 2020, Marking First Decline Since 2014

by MasterCookSwag https://www.newyorkfed.org/microeconomics/hhdc.html https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/pdf/HHDC_2020Q2.pdf Credit card balances fell sharply, marking the steepest decline on record NEW YORK – The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit, which …

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YOUR NEXT PRESIDENT?

https://twitter.com/SteveGuest/status/1291521001990365191?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1291521001990365191%7Ctwgr%5E&ref_url=https%3A%2F%2Fwww.theburningplatform.com%2F2020%2F08%2F07%2Fyour-next-president-2%2F   h/t Jim