SCOTUS will hear Wood and Powell cases

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The Supreme Court on Friday listed several high-profile election lawsuits for consideration at its mid-February conference. The cases include challenges to the 2020 election from Trump-aligned lawyers Lin Wood and Sidney Powell, as well as Republican Rep. Mike Kelly’s Pennsylvania lawsuit. Nearly every lawsuit takes issue with the expanded use of mail-in ballots by many … Read more

A dangerous situation for the $USD?

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A dangerous situation for the $USD? Bob Prince, co-chief investment officer at Bridgewater Associates says he is seeing a global rebalancing of wealth that has largely favoring Asia.https://t.co/B2XmeiciSY — Tiho Brkan (@TihoBrkan) February 5, 2021

“There’s so much liquidity being pumped in,” @ElErianM says. “The problem with pumping in so much liquidity is that you encourage people to take too much risk and therefore, the risk of a market accident goes up. Last week, we came very, very close to a market accident.”

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"There's so much liquidity being pumped in," @ElErianM says. "The problem with pumping in so much liquidity is that you encourage people to take too much risk and therefore, the risk of a market accident goes up. Last week, we came very, very close to a market accident." pic.twitter.com/vC7X7Xbm94 — Yahoo Finance (@YahooFinance) February 5, … Read more

The Low Down on Low Downpayment Mortgages: Is It Safe? (Not If Home Prices Crash!)

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by confoundedinterest17 What is the low down on low downpayment mortgages? Gerald Hanweck, Gary Fissel and I attempted to unravel the dangers to the financial system (or taxpayers) of low downpayment mortgages during the financial crisis. (The attached paper is forthcoming in Journal of Fixed Income.) lowdown1Download The FHA guarantees low down payment mortgages as do … Read more

Merkel’s Plea for Extended Lockdowns

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by Martin Armstrong Our sources in Germany are all telling us that instead of boosting support for lockdowns, now that Merkel has come on the airwaves and attached her face for the first time, her support is dwindling rapidly. She grew up in East Germany and this said: “For someone like myself, for whom freedom … Read more

The so-called ‘Buffett Indicator’ has hit an All-Time High. Global stocks now worth equal to 122.4% of global GDP.

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The so-called 'Buffett Indicator' has hit an All-Time High. Global stocks now worth equal to 122.4% of global GDP. pic.twitter.com/8rp8C8eD0b — Holger Zschaepitz (@Schuldensuehner) February 6, 2021 Over 40% of the Money US has EVER printed in its history was printed in 2020. You may want to read that again. More and more signs of … Read more

U.S. taxpayers gave $400 Billion dollars to cable companies to provide the United States with Fiber Internet. The companies took the money and didn’t do shit for the citizens with it.

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Welcome to The Book of Broken Promises: $400 Billion Broadband Scandal & Free the Net“. It is being pre-released as a PDF version because these are critical times in communications. It is the third book in a trilogy that started in 1998 and it details some of the largest scandals in American telecommunications history. So … Read more

Reporter: “Why is the President going to Delaware this weekend?” Psaki: “Because that’s where he’s from and he’s visiting family.” Reporter: “But the CDC recommends avoiding travel.” Clown world ensues from there.

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“Why is the President going to Delaware?” pic.twitter.com/oBRuQllR86 — Acyn (@Acyn) February 5, 2021 Gavin Newsom, Nancy Pelosi, Andrew Cuomo, Mayor of Austin, Mayor of Denver, Dianne Feinstein…and now Biden. That is the list (that continues growing) of Democrats that preach masks, lockdowns, fear, etc. but don’t follow their own gospel. Rules for us, not … Read more

Who knew that pandemics could be so profitable?

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The jist is true but it isn’t totally accurate. According to a report from the Institute for Policy Studies and Americans for Tax Fairness., which was based on Forbes data, the combined fortune of America’s 660 billionaires as of January 18 had climbed to $4.1 trillion, representing an increase of 38.6% compared to their collective net worth … Read more

Belgium: 90 per cent of the country’s population growth in 2019 was driven by immigration.

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French presidential candidates are making the topic of birthrates a campaign issue for next year’s election after a report revealed 2020 had one of the lowest numbers of births since the end of the Second World War… A fertility rate which has fallen to 1.84 children per woman. Despite the decline, many EU members still … Read more

3 Stocks with GameStop Profit Potential

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by Robert Ross In January, a group of traders bid up GameStop (GME) shares from $20 to $483. It might have gone even higher if brokers didn’t scramble to impose trading limits on this beleaguered video game retailer. Meanwhile, the pool of buyers grew in size in just a matter of hours. And they quickly banded together to … Read more

Market Report: how much further can this rally extend

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by Troy Last week’s market volatility was followed by a sharp reversal higher. While various speculative concerns remain (record valuations, frothy sentiment etc), the stock market’s uptrend remains intact for now.   Momentum The stock market remains firmly in an uptrend. Momentum clearly favors bulls with the Russell 2000 having rallied more than 7.7% this week: … Read more

The Incompetent US Economy Is Still Sinking

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Greg Hunter gives The Weekly News Wrap-Up for Friday, February 5, 2021 The economy is still sinking, and it’s not going to bounce back anytime soon.  The incompetence in Washington comes when an illegitimate government is put into power by fraud.  On its face, it is incompetent, and the world knows it.  How long can the confidence … Read more