Email From a Seattle Police Officer

This is from a Seattle police officer. He is the brother of my friend here in Houston and sent this email to his family from Seattle where he works. According to his request, his name will not be given. *************************************************************​*************************** …

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Welcome to The Purge

Welcome to The Purge. https://t.co/km3B1hh3ya — Ian Miles Cheong (@ianmiles) June 18, 2020 🚨BREAKING: Chaz Tourism Video pic.twitter.com/P3b7Z0RFjc — Benny Johnson (@bennyjohnson) June 17, 2020 Professor Warns CIVIL WAR May Be Next Step Of Civil Unrest As Cops Quit While …

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One Crisis Is Manageable. Five Might Not Be

BY JOHN RUBINO World War One was the most destructive conflict in human history. But before it ended, the Spanish flu came along and claimed an even greater number of victims. A decade later the Great Depression bankrupted millions. But before …

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IRS Permitting Mid Year Changes to Medical Plans/HSA & FSA Contrinutions

by HuskerLiberal​ https://www.employmentlawworldview.com/irs-guidance-provides-employers-with-the-ability-to-offer-a-second-open-enrollment-period-for-the-2020-plan-year-and-provides-greater-flexibility-for-making-mid-year-cafeteria-plan-elections-us/ Just like the 401k and student loan reimbursement provisions in the CARES ACT, employers coho choose to participate have the ability to offer unprecedented mid-year changes to medical plans and contributions. My company’s executive leadership team has …

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Corporate borrowing costs hit a new all-time low as the Fed begins buying individual bonds

Yields on investment grade US corporate bonds hit a new all-time low: 2.25%.https://t.co/AthqZQqVj2 pic.twitter.com/bnBmeTNeXq — Charlie Bilello (@charliebilello) June 18, 2020 Sauce https://twitter.com/KathyJones/status/1273256605614632960 Does it really seem necessary for the Fed to start buying corporate bonds right now?   h/t SpontaneousDisorder

Retail Sales Headlines Are A Complete Joke

by Dave Kranzler of Investment Research Dynamics The stock market promoting mainstream media this morning reported “U.S. Retail Sales Rose Record 18% in May” (e.g. the Wall St Journal).  The S&P futures jumped from up 45 points to up 90 points. But, as usual, …

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Will the Fed Cap Rates?

by Martin Armstrong QUESTION: Do you think the Fed will venture into capping the long-term rates as they did during World War II? JH ANSWER:  There is much talk that the Fed will go into yield-curve control in the near future. Some …

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