Doug Noland: “Fed Credibility Is Evaporating Along With Bond Prices”

BY JOHN RUBINO Doug Noland is out with his latest Credit Bubble Bulletin, following a week in which some of the things he’s been warning about began to happen. Definitely read the whole thing (especially the exchange between Representative Warren Davidson and Fed Chair Jerome Powell). But in the meantime here’s a brief excerpt: Global bond markets have an … Read more

The World’s Largest Money Managers Hold $170 Billion In Coal Assets

By MINING.com The world’s two largest money managers have built a combined $170 billion investment portfolio in coal using money from people’s private savings and pension contributions, despite a global push for carbon neutrality, a new report shows. The eye-popping figure pales in comparison to the astronomical $1 trillion in coal investments held by 4,488 institutional … Read more

Is Biden Back in the Basement?

by Martin Armstrong Joe Biden appears to be the first president to skip doing a State of the Union Address which is typically done by the end of February by tradition. However, it is not uncommon that a president skips the State of the Union Address during the year in which they were inaugurated. Both … Read more

SCOTUS Case May Determine If Police Can Enter Your Home WITHOUT a Warrant

by Robert Wheeler A new Supreme Court case may determine if police have the power to enter a person’s home without a warrant. Years of American law precedent and the US Constitution are quite clear in the restraints put on government agents. However, that isn’t stopping the police, government, and activist judges from doing what they … Read more

The Outage at the Federal Reserve

by Martin Armstrong The outage of the National Settlement Service and the Fedwire Securities Service, which provides issuance, settlement, and transfer services for Treasuries and other government securities, was down and this has caused some concern and then conspiracy theories mixed in. The Fed made progress reversing the shutdown within a couple of hours, however, … Read more

UK – Every single prosecution under government’s Coronavirus Act has been overturned

Every single one of the 246 prosecutions launched so far under a draconian coronavirus law has been done so incorrectly, the latest figures show. The Coronavirus Act was introduced by the government in March last year, at the start of the pandemic. It contains emergency powers, such as banning mass gatherings and enforced screening for people deemed infectious, to … Read more

Mountain of gold discovered in Congo Africa,Villagers having a frenzy

Eastern DRC…South Kivu. Villagers has discovered a treasure mountain….the soil is 90% gold, the whole mountain is gold! Its like Eldorado the land of gold! People are digging and just taking the soil back to their homes, the gold to be washed and then smelted into dory… pic.twitter.com/2tp15jNXto — CPG – Chris Groenewald (@waldko) February … Read more

Growth investors better hope the economy doesn’t rip roar or their beloved unicorns will be slaughtered

growth investors better hope the economy doesn't rip roar or their beloved unicorns will be slaughtered; plus rh kids never traded rising rate environment https://t.co/3adGqRJ874 — Alastair (@StockBoardAsset) February 27, 2021 Regional Fed surveys continue to lose momentum YoY after peaking in September. First negative print in 9 months. Not a good look for the … Read more

TPG picks up AT&T’s linear video business for… $8 billion

by itrippledmyself Unpaywalled coverage https://www.cnbc.com/2021/02/25/att-to-spin-off-directv-att-tv-now-and-u-verse-into-new-company.html 8K: https://www.sec.gov/ix?doc=/Archives/edgar/data/732717/000119312521056922/d544248d8k.htm Not much to pull apart here, but I will, because I love a good TPG faceplant. So, the valuation which is, apparently more than DISH? All of dish. Including Sling and 5G assets. I’ve been thinking dish is undervalued, myself. But maybe I have more faith in Charlie’s … Read more