Fed Chair Powell is Worried About Deflation

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The Federal Reserve said it would keep buying at least $120bn of debt until “substantial further progress has been made” in the recovery. Well… there you go. Same old same old — Daniel Lacalle (@dlacalle_IA) December 16, 2020 Powell says Fed is committed to using its economic tools (printing money at this extreme pace or … Read more

In this market, why not?

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yes. totally. holy crap. https://t.co/OG3JUdyr8W — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) December 16, 2020 This is 'the most dramatic thing that's almost ever happened in the entire world history of finance,' according to Warren Buffett's sidekick #BerkshireHathaway’s Munger warned of a ‘frenzy’ in the #stock …https://t.co/NZuW65Hngg ht @SoberLook @jessefelder @DiMartinoBooth pic.twitter.com/PUifKQloZm — Mo Hossain (@MoHossain) … Read more

Charts are stretched to the breaking point and reversion risk continues to build, hence from my perspective rallies remain selling opportunities for eventual technical reconnects.

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BY SVEN HENRICH If you thought fundamentals, valuations and earnings growth matter the joke is on you. In 2020 central banks have managed to do the unthinkable: Not only once again save investors from any damage in markets, but they intervened to such a degree that negative earnings growth is now the stuff of new … Read more

Here we go: DNI Ratcliffe draws a line in the sand. Will not sign off on report unless foreign interference by China is included.

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BREAKING: There is ample and continuing raw intelligence about China's intentions & actions to influence the 2020 election. Ratcliffe is considering not signing off on report if it does not include this discussion. Some senior analysts downplaying, others want to include. – @OANN — Jack Posobiec (@JackPosobiec) December 16, 2020 A senior national security official … Read more

Big Brother in Disguise: The Rise of a New, Technological World Order

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by John Whitehead via The Rutherford Institute “You had to live—did live, from habit that became instinct—in the assumption that every sound you made was overheard, and, except in darkness, every movement scrutinized.”—George Orwell, 1984 It had the potential for disaster. Early in the morning of Monday, December 15, 2020, Google suffered a major worldwide outage in which all of … Read more