U.S. Corporate Debt Soars to Record $10.5 Trillion…. S&P: Markets Unprepared for Wave of Defaults in Coming Months… The Pros Are Getting Ready For A Market Crash — Retail Investors, Not So Much, Top Economist Warns

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U.S. Corporate Debt Soars to Record $10.5 Trillion U.S. corporations owe 30 times as much debt as 50 years ago, according to BofA Global. Here’s a look at who owns America’s pile of corporate debt. Markets Unprepared for Wave of Defaults in Coming Months: S&P Global There is a growing gap between what markets are … Read more

TAKE A MOMENT AND LOOK AT THE US DOLLAR

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TAKE A MOMENT AND LOOK AT THE 🇺🇸 US DOLLAR pic.twitter.com/cTXNCaaPFZ — Win Smart, CFA (@WinfieldSmart) September 1, 2020 The US Dollar Continues to Weaken US dollar remains under pressure The greenback continued on its downward path overnight and has weakened further in Asia.  

We are in a new bull market for precious metals.

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There goes silver again. Out of a bullish pennant with authority. Ready to take out its August highs. We are in a new bull market for precious metals. pic.twitter.com/A25xZIiKMT — Otavio (Tavi) Costa (@TaviCosta) September 1, 2020 I'm amazed by how much ground @norbertjmichel manages to cover in this review of the Fed's recent policy … Read more

Tesla has outperformed hyper-inflated Venezuelan Stocks in the last year. This is turning into a banana republic…

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Tesla has outperformed hyper-inflated Venezuelan Stocks in the last year. This is turning into a banana republic… None of us own enough gold. pic.twitter.com/armvZzxiWi — Otavio (Tavi) Costa (@TaviCosta) August 31, 2020 As is the longest weekly RSI divergence in SPX history (as far as I can tell)…longer and larger than 1997 to 2000. pic.twitter.com/UCe5Mn0L3r … Read more

Walmart to launch its membership program, Walmart+, in mid-September

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https://www.cnbc.com/2020/09/01/walmart-to-launch-its-membership-program-walmart-in-mid-september.html Walmart will launch its membership program nationwide on Sept. 15. Walmart+ will cost $98 or $12.95 a month. The subscription service will capitalize on the retailer’s strong grocery business and customers’ desire for more convenient ways to shop, but members must spend a minimum of $35. “We’re not launching Walmart+ with the intent to … Read more

C’mon man! You’re on national TV. (Grampa Joe Biden snoring during live interview)

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https://twitter.com/Dimidyeus/status/1300226873297833984?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1300226873297833984%7Ctwgr%5E&ref_url=http%3A%2F%2Fwww.godlikeproductions.com%2Fforum1%2Fmessage4507223%2Fpg1 Related: “I am going to vote for the candidate who I am absolutely certain has a brain that is functioning. And that narrows it down exactly to one.” – Biden’s Brain Surgeon!     JADR

Jason Burack – Stagflate Tax Lie: U.S. Labor Department Changes Jobless Claims Data Methodology

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Wall St. For Main St., Released on 8/31/20 Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of … Read more

TikTok deal to sell U.S. business could be announced as soon as Tuesday

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https://www.cnbc.com/2020/08/31/tiktok-deal-to-sell-us-business-could-be-announced-as-soon-as-tomorrow.html TikTok has chosen a bidder for its U.S., New Zealand and Australian businesses and could announce the deal as soon as Tuesday. Microsoft, in partnership with Walmart, and Oracle are the top contenders. The sale price is expected to be in the range of $20 billion to $30 billion.

OUCH! Looks as if #ECB has failed to spur inflation w/money printing. Inflation falls into negative territory in Aug for 1st time since 2016 despite the Balance Sheet has more than doubled since 2016.

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OUCH! Looks as if #ECB has failed to spur inflation w/money printing. Inflation falls into negative territory in Aug for 1st time since 2016 despite the Balance Sheet has more than doubled since 2016. pic.twitter.com/aOc8uyg0Od — Holger Zschaepitz (@Schuldensuehner) September 1, 2020 The story that printing money creates inflation.. in the reality they print digital … Read more

Kyle Rittenhouse’s attorney says his client acted in self-defense… Legal defense funds have raised over $900,000

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Here’s the segment.   I hope the lad gets a great shyster team… He’s gonna need the best… Two legal defense funds for Kyle Rittenhouse, the 17-year-old charged with first-degree murder for allegedly shooting three rioters in Kenosha last week, have raised over $900,000 as of Monday night. The #FightBack Foundation, a legal defense fund … Read more

Grinding, Grinding, Stocks Keeps Rising

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by Monica Kingsley Every day, higher stock prices every day – sounds really nice? I bet it does for those not caught still on the short side of the market. While readings are getting a bit too exuberant, are they frothy enough to justify a long-awaited correction? Let’s check the charts and feel the pulse. S&P … Read more