90% of small business they surveyed have exhausted their Paycheck Protection Program loans. Labor market conditions deteriorated and consumer confidence crashes in December.

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https://twitter.com/leadlagreport/status/1341395607571886088 Credit demand down đź”» Home equity withdrawals up 🔺 pic.twitter.com/haMtaruyrQ — Mo Hossain (@MoHossain) December 22, 2020 Stimulus should help, but Consumer Confidence just won't bounce. pic.twitter.com/kaBL7z7mnp — Bespoke (@bespokeinvest) December 22, 2020 https://twitter.com/Techs_Global/status/1341396660212162564 2020 Global Growth Rates (Real GDP)… pic.twitter.com/B880EWj4It — Charlie Bilello (@charliebilello) December 22, 2020 These @FT charts–from the article on … Read more

It’s the first time in history that miners have reported 4 straight quarters of positive FCF. No longer capital destroyers.

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Very bullish. Miners to gold ratio continue to form a massive long-term base. It's the first time in history that miners have reported 4 straight quarters of positive FCF. No longer capital destroyers. They are about to become true cash flow machines. pic.twitter.com/ns6kHIcs8s — Otavio (Tavi) Costa (@TaviCosta) December 22, 2020 Tuning out for a … Read more

12 Charts for a perma-bear Christmas

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…the highest market value relative to economic output… (yeah, the rest of this isn't gonna rhyme) pic.twitter.com/9s1p7BTUec — SentimenTrader (@sentimentrader) December 19, 2020 …massive inflows to ETFs… pic.twitter.com/DFLUUJtzfC — SentimenTrader (@sentimentrader) December 19, 2020 …as mutual funds hold the lowest cash reserves in their history… pic.twitter.com/OfeG13TSq5 — SentimenTrader (@sentimentrader) December 19, 2020 …with the most … Read more

Recall how commission-free trades are free? Yeah, no. #RobinHood users are ripped-off by high freq traders that front-run your trade. EVERY TRADE.

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Recall how commission-free trades are free? Yeah, no. #RobinHood users are ripped-off by high freq traders that front-run your trade. EVERY TRADE. #RobinHood shows them the trade as you type it. …just wait until u hear what they do to $BTC trades (Hint: even worse)! pic.twitter.com/SDxH6WAxeS — Michael Taylor (@Mike_Taylor1972) December 19, 2020

List of Short Puts with over 100% Annualized Yield

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by Arrow222 Hey guys, Greeks and new columns, like Annualized Yield on Collateral was added to FDscanner over the weekend. With the new tools, it became much easier to search for the optimal short puts. Here’s a scan for Jan 2021 with the following settings Expiry: 15 Jan 2021 Option Type: Puts only Delta: Under 0.3 Theta … Read more

A coming boom from Crowdfunding and SPACs?

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by AutonomousMax Something very exciting and special is happening in the world of capital fund raising for emerging market and startup companies. Recently, new SEC rules will allow “Crowdfunding” sites to increase the maximum amount of capital that can be raised by companies from the general public. Crowdfunding is a confusing term for some. To … Read more

Why fraud is such a good business in the US

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by Opportunist_Ad3972 Steal $864 Million. Fabricate $300 Million fraud. Settle with the SEC for $180 Million. Your Stock also rallies 30% in a day. Pretty good deal for being a criminal management team right? https://www.sec.gov/news/press-release/2020-319    

900 billion dollars new bill just given to all Americans only = $3000+/- no matter age. But they choose to foreign governments and to American arts centers, than to the American people. Only 6 senators voted against it.

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This is the House stimulus “deal” – which provides MORE funding to foreign governments and to American arts centers, than to the American people. The Covid relief bill provides $40 million for the Kennedy Center pic.twitter.com/aHt8UEkYWA — Tom Elliott (@tomselliott) December 21, 2020 https://twitter.com/alexsalvinews/status/1341298944828010496 Stimulus bill included defense spending equivalent to $400 for every person … Read more

We’re On A Highway To Hyperinflation

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by Michael Snyder Well, here we go again.  The U.S. House of Representatives just passed a $900 billion stimulus package, and we are being promised that it will provide a real “boost” to the economy.  Of course we were told the exact same thing about all of the other “stimulus packages” that have been passed … Read more

Congress Terminates Fed’s Emergency Lending Program

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In today’s show, you will learn why Congress terminated the Fed’s Main Street Lending Program, how the Fed proved Steve right, what the Chicago National Activity Index says about the U.S. economy, how today’s 20-year Treasury Bond auction went, how hedge-fund managers are positioned in the futures market with a focus on Treasuries and the … Read more

Markets Aren’t about “Using” People: Markets Help People Attain Their Goals

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by Gary Galles via Mises A very common rip on market arrangements is that they use people. For instance, I have come across many versions of “love people and use things rather than loving things and using people.” As Paul Heyne expressed the sense of it, “such a system seems somehow to violate our profound moral conviction that nothing is … Read more

Remember when Trump wanted to give you $1200 back in October? But Pelosi gave you $600 a few months later instead

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Remember when Trump wanted to give you $1200 back in October? But Pelosi gave you $600 a few months later instead https://t.co/xfrf9k2co6 — E (@ElijahSchaffer) December 22, 2020 The BALLS on "THIS…", at Christmas Time! Calls thousands of dollars in tax cut savings "crumbs" but believes $600 after 10 months of lockdowns is a "stimulus". … Read more

They need to be made liable for censorship.

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NY POST: Big Tech’s Sinister Pro-Biden Bias. The “Facebook-owned social-media giant Instagram” is characterizing “well-established criticisms” of Joe Biden and his 1994 crime bill as “False,” reports blogger Glenn Greenwald. A post on the platform “said nothing more than what Biden’s chosen running mate, Kamala Harris, has herself said” — namely, that the ’94 law “contributed … Read more

HER REFUSAL TO ANSWER IS ALL THE ANSWER YOU NEED:

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Pelosi Repeatedly Refuses To Answer CNN About Why She Rejected Bigger Stimulus Bill Before Election. Democrat House Speaker Nancy Pelosi repeatedly refused to answer a question from a CNN reporter on Sunday about why she decided to accept a smaller stimulus package now, which she claimed was not nearly enough, after she refused to accept … Read more

For Those Who Haven’t Figured It Out, The Stimulus Bill Will Take From You a LOT More Than the $600 They Are Giving You

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Some are actually happy about the $600 they’ll be receiving while not realizing that it actually takes far more than that away from you. It’s like someone handing you $600 while removing $20,000 from your bank account. In other words, a net loss… by a lot. And there are people thankful for this. “I don’t … Read more