Even with 2nd #lockdowns things are not looking so bad economically and rebound looks stronger and faster than after GFC in 2008

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Even with 2nd #lockdowns things are not looking so bad economically and rebound looks stronger and faster than after GFC in 2008 pic.twitter.com/SAymABacFv — CrossBorder Capital/ GLIndexes (@crossbordercap) November 13, 2020 Latest monthly #liquidity data looking pretty good. Business outlook 2021 brighter! pic.twitter.com/jkbReg0NJG — CrossBorder Capital/ GLIndexes (@crossbordercap) November 13, 2020

Where’s the inflation?

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PPI> Where´s the inflation?🤔 pic.twitter.com/A5Qzxw9Avl — Antonio Pérez-Algás (@apanalis) November 13, 2020 Europe deflation despite massive QE. China nearing deflation where at least the Communists nowadays are honest about the futility of 'stimulus.' How about Jay Powell's widely publicized 'flood' of 'money printing.' Where is it, Jay?https://t.co/s0cgmznc7l — Jeffrey P. Snider (@JeffSnider_EDU) November 13, 2020 … Read more

Inspiring in a way to see people throw all caution to the wind and pile long into the highest market valuations in history.

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https://twitter.com/NorthmanTrader/status/1327352638615248902 Michigan Consumer Sentiment>This is not really healthy🤔ATH????Similar structure to 2001, but much worst environment & levels @TradersCom pic.twitter.com/k8emZFPF5g — Antonio Pérez-Algás (@apanalis) November 13, 2020 https://twitter.com/NorthmanTrader/status/1327349629076328448

This is WHY we should NOT have bailed out banks in 2008.

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This is WHY we should NOT have bailed out #banks in 2008. – Yes – there would have been some #pain as banks had to reorganize through bankruptcy.– Yes – the #market would not be at current levels. – However, we would have a more diversified and healthier banking system. pic.twitter.com/r3gVA8YLgK — Lance Roberts (@LanceRoberts) … Read more

China’s credit market is plunging. Many reputable names and muni bonds falling 20%+ in a day. A recent near-default event spooked everyone.

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https://twitter.com/HAOHONG_CFA/status/1326838799968608257 Monthly loan growth tapered off a bit in China during October, and indeed on a number of fronts we've noticed a clear element of forbearance on the policy front. That said, an existing tailwind of previous easing (this year and last year) remain in the pipeline for China… pic.twitter.com/Oi8bOeDTdb — Topdown Charts (@topdowncharts) November … Read more

Risk parity exhaustion. Junk bonds and stocks are record overvalued in tandem for the first time in history.

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Risk parity exhaustion. Junk bonds and stocks are record overvalued in tandem for the first time in history. Why not buy a cheap asset that truly benefits from artificially low rates? Precious metals to become a key alternative for asset allocators. Buy gold and sell stocks. pic.twitter.com/YATnTZkX1c — Otavio (Tavi) Costa (@TaviCosta) November 13, 2020 … Read more

Alternative Data Show Economic Activity Crashes as Virus Resurges

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Alternative Data Show Economic Activity Crashes as Virus Resurges The latest readings suggest the decline was particularly strong in Europe.#US #Japan #Germany #France #Italy #Spain #UK #Canada #Norway #Sweden #economy #recessionhttps://t.co/kXDRuoaK9O pic.twitter.com/CL4Ix2KkdS — GnS Economics (@GnSEconomics) November 13, 2020 #recession … #GFC2 #Deflation editionhttps://t.co/R1MAZR0N4l pic.twitter.com/XAmWAff5W6 — Invariant Perspective (@InvariantPersp1) November 12, 2020 NEW YORK CITY … Read more

COLD WAR II: Chinese embassy in Brazil hits back as Brasilia joins America’s ‘Clean Network.’

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China’s embassy in Brazil has hit back at comments made by a senior US official, after Brasilia this week became the latest signatory to an American deal to block Chinese tech giant Huawei Technologies Co. from foreign nations’ 5G networks. “What the US calls ‘clean networks’ is discrimination, exclusionary and political,” the mission said in … Read more

Biden Advisor Proposes National Paid Vacation

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by Peter Schiff of Peter Schiff Podcast Biden advisor proposes another lockdown; says the Fed will pay everyones’ wages. Is it a Trojan horse for UBI? No recovery in sight for the economy, only a relapse. Democrats fight for Senate control through Georgia. Americans in their 70s taking on record debt. 60 Minutes Australia compounds their damages. PayPal’s … Read more