The Federal Reserve has a financial stability mandate. Asset bubbles are not stable prices. Spiraling debts are not stability. 0% rates are not stable. No way out of a Neg Feedback Loop is not stability

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All the years before QE and the ones since. đŸ€” Socialism for the rich. Courtesy of the FED@EricRosengren @RobSKaplan @RaphaelBostic @marydalyecon @neelkashkari @DiMartinoBooth @nomiprins @steveliesman @NickTimiraos @michaelsantoli @michaelsderby @Claudia_Sahm @RalphNader pic.twitter.com/Xg5ySMgkBE — M/1_LP (@MI_Investments) August 9, 2020 Financial assets vs #GDP…ht @ISABELNET_SA pic.twitter.com/UjSzwwwxDi — jeroen blokland (@jsblokland) August 9, 2020 Desperation At The Fed Prompts … Read more

Sector Rotation and Positioning

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by soozler This isn’t a full DD post because I am too lazy to pull all the various numbers as statistics. It also isn’t really fundamentals, since those haven’t existed since March. But I would like to share my thoughts on where the market is headed. Summary is: Sector Rotation for the next few months, … Read more

Mohamed A. El-Erian: “Gold is starting to attract people who are worried about all sorts of things: worried inflation, worried about Armageddon risk, worried about the dollar…”

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"Gold is starting to attract people who are worried about all sorts of things: worried inflation, worried about Armageddon risk, worried about the dollar," says @elerianm on gold prices. "I expect gold prices to remain strong from here." pic.twitter.com/LobjdM3hTU — Win Smart, CFA (@WinfieldSmart) August 10, 2020 People concerned about inflation pic.twitter.com/LACXeXqan3 — Win Smart, … Read more

Trump is signaling he is going to abandon the $KODK deal and blame the executives for the entire thing.

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Trump is signaling he is going to abandon the $KODK deal and blame the executives for the entire thing. To all the $KODK baggies out there, if you live in a banana republic sometimes you choke on a few bananas. pic.twitter.com/WUTBm0zgVf — TC (@TESLAcharts) August 10, 2020 (Reuters) – Eastman Kodak Co’s $765 million (587 … Read more

Outrage as Manhattan’s district attorney DROPS the felony charge against BLM leader accused of assaulting an NYPD cop

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Manhattan DA Cyrus Vance reduced charges against Derrick Ingram on Saturday Ingram, 28, is accused of injuring NYPD cop by using bullhorn in her ear Vance reduced felony charges against Ingram to misdemeanor assault On Friday, NYPD officers who came to arrest Ingram were chased off by crowd Ingram later surrendered himself after officers retreated from … Read more

Obama’s legacy: 165 pages of records surface, expose cash-for-fetal-tissue scanda

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https://www.westernjournal.com/obamas-le…e-scandal/ A series of contracts that began under the Obama-era Food and Drug Administration paid out almost $100,000 as part of efforts to obtain from a controversial vendor tissue from fetuses aborted in the first and second trimester for research into “humanized mice,” documents discovered in June reveal. The details of the contracts, obtained in … Read more

Are you prepared for the coming food shortage and hunger crisis?

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https://www.youtube.com/watch?v=SQ5xGmWRORA   Panic buying has eased somewhat, and stores have been more careful to keep their inventories well-equipped, but shelves across the country are still hung with signs requesting customers to be conservative in their shopping. For items that were snapped up during the worst of the stockpile scramble in March and April–things like toilet … Read more

Antifa Members Head Into Suburban Seattle Neighborhood – Armed Residents Send Them Packing

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https://www.youtube.com/watch?v=WlDDUvQbn5E Mike LaChance from American Lookout reports, Some Antifa members decided to make their way into a Seattle suburb. They were headed to the home of the city’s police chief. They were met by local residents who were armed and turned them away. Read More/Source/Credit/FairUse: https://americanlookout.com/antifa-me…

Do you want to fight the Fed or do you want to buy the most expensive market in history?

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https://twitter.com/NorthmanTrader/status/1292755160037564419 The #VIX index has dropped to pre-#Covid19 levels, but is expected to start to rise in the run up towards the #USElections2020 pic.twitter.com/Am3MsoajQu — jeroen blokland (@jsblokland) August 10, 2020 https://twitter.com/yuriymatso/status/1292639005037572097 https://t.co/gxJiIsabpb — Teddy Vallee (@TeddyVallee) August 10, 2020 Good Morning from #Germany where stocks have decoupled from the economic activity. Germany's benchmark index … Read more

Why Have So Many Enormous Earthquakes Hit The United States In Recent Months?

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by Michael Snyder Unusually large earthquakes have been striking diverse locations all over the United States in recent months, and experts are not exactly sure why this is happening.  On Sunday, a very strange magnitude 5.1 earthquake that hit North Carolina made headlines all over the nation.  In fact, when I checked the Drudge Report on Sunday … Read more

For those who might be wondering: “Where does the Federal Reserve get all the money that they inject into the market via QE?”

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MUST WATCH đŸŽ„ For those who might be wondering: “Where does the Federal Reserve get all the money that they inject into the market via QE?” A blast from the past explanation of how it all works. đŸ’» pic.twitter.com/HTV5HREvjc — Gold Telegraph ⚡ (@GoldTelegraph_) August 9, 2020

Historically indebted corporations & governments can’t take higher yields. Monetary & fiscal stimulus are here to stay.

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Real yields can’t move much lower? They got as low as -5% in the 70s. That was also during two major bull markets for gold. Today's conundrum: Historically indebted corporations & governments can’t take higher yields. Monetary & fiscal stimulus are here to stay. pic.twitter.com/FmPu4OAcYY — Otavio (Tavi) Costa (@TaviCosta) August 7, 2020

Foreigners always sell USD assets during a crisis!

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Foreigners always sell USD assets during a crisis! It has nothing to do with a "lack of trust" in the US Economy but rather that those foreigners NEED the USD liquidity. Expect big purchases of USD assets in to the global rebound! More in FX weekly -> https://t.co/9x5MAPkYj1 pic.twitter.com/5voliJ6TPR — Andreas Steno Larsen (@AndreasSteno) August … Read more

Canada to retaliate ‘dollar for dollar’ after U.S. slaps 10% tariff on aluminum

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Ottawa will impose retaliatory tariffs on U.S. goods in response to President Donald Trump’s decision to restore a 10 per cent tariff on Canadian aluminum imports. Prime Minister Justin Trudeau and Deputy Prime Minister Chrystia Freeland announced the measures Thursday evening hours after Trump said he would impose the tariffs during a campaign speech at a Whirlpool factory in … Read more

Tim Pool: This is the worst we have seen in Portland for a while. Seems like once the Democratic politicians cut a deal with the Feds they just gave up and let Black Lives Matter burn and destroy

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This is the worst we have seen in Portland for a while Seems like once the Democratic politicians cut a deal with the Feds they just gave up and let Black Lives Matter burn and destroy https://t.co/lusHqQDYSW — Tim Pool (@Timcast) August 9, 2020

Governors Are Not Immune to Lawsuits Arising Out of Willful or Negligent Disregard of State Laws

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https://www.law.cornell.edu/constitution-conan/amendment-11/suits-against-state-officials📁 “The immunity of a state from suit has long been held not to extend to actions against state officials for damages arising out of willful and negligent disregard of state laws.165 The reach of the rule is evident in Scheuer v. Rhodes,166 in which the Court held that plaintiffs were not barred by the … Read more