BIDEN WOWS MSM!

● It is far too early for Democrats to panic over Biden. —Karen Tumulty, Washington Post, Friday. ● Biden’s Virtual Campaign Is a Disaster. —Andrew Ferguson, the Atlantic, Friday. ● Biden campaign doesn’t consider Latinos ‘part of their path to victory,’ political operatives say. —Kathryn Krawczyk, the Week, Thursday. …

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D-Day Week For Tankers

by TheCuriousKea This is the week that if we don’t see positive momentum in the tanker sector then you better be long or gone because we are in for a rough ride on a limp dick sideways. Here’s the factors: …

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What Could Go Wrong?

Authored by Chris Hamilton via Econimica blog, In 2019, US population growth fell to +1.55m or +0.5%…this was due to a trifecta of declining births, lower immigration, and higher deaths than anticipated.  However, as with everything “2020”, all three trends …

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Markets sent a sign November 2019 when CLO’s started defaulting at 5% and the market reacted in December. The FED answered the market with a rate cut and opened up the repo market and started to buy up CLO’s. The CLO defaults are up to 20%+.

by shanish82 Check graph on page 53 Sources: https://www.federalreserve.gov/publications/files/financial-stability-report-20200515.pdf Go to pages 50-53. Also https://www.propublica.org/article/whistleblower-wall-street-has-engaged-in-widespread-manipulation-of-mortgage-funds