Storm Clouds Are Gathering…: Maund

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by Clive P. Maund There is a now widespread universally held belief, especially amongst “dumb money” market participants, that the markets cannot drop because the Fed is going to keep creating money in ever greater quantities to throw at pumping them higher and higher. This erroneous belief appears to be based on an assumption that … Read more

Bankruptcies Almost Up To 09 Levels. Bank Credit Availability Continues To Dry Up. The Fed Is Increasingly The Only Game In Town.

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BANKRUPTCIES ALMOST UP TO 09 LEVELS pic.twitter.com/yW1n27mzgR — Win Smart, CFA (@WinfieldSmart) August 4, 2020 Fed Senior Loan Officer Survey – C&I underwriting standards. Net % tightening standards: +70% this Q (6/22-7/3), up from +40% Q/Q (3/23-4/3) Bottom line – bank credit availability continues to dry up. The Fed is increasingly the only game in … Read more

Global debt rose to $258 trillion in Q1, or a record 331% of the world’s GDP. Gold ends above $2,000 an ounce for the first time in history. Analyst: Dollar could be a ‘crash risk’ if U.S. Loses ‘credibility,’

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Global debt rose to $258 trillion in Q1, or a record 331% of the world’s GDP. While rates are low for established economies, there's concern about the fate of developed markets, which have about $3.7 trillion of debt coming due through yearend. https://t.co/zXiqHaYzIW — Lisa Abramowicz (@lisaabramowicz1) August 4, 2020 GLOBAL NEGATIVE YIELDING DEBT pic.twitter.com/OHhM93q8hv … Read more

SEC Launches Investigation Of Trading In Kodak Shares Before And After $765 Million Loan Disclosure

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https://www.wsj.com/articles/kodak-loan-disclosure-and-stock-surge-under-sec-investigation-11596559126 The SEC’s investigation is at an early stage and might not produce allegations of wrongdoing by the company or any individuals, the people said. Among the areas being probed by regulators: how Kodak controlled disclosure of the loan, which began to emerge on July 27, one day before the official announcement, causing Kodak’s stock … Read more

Nasdaq Only Put/Call is even more extreme… Who’s right: Bankers or Investors?

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Nasdaq Only Put/Call is even more extreme 🚨 pic.twitter.com/3ZDob4PPRq — Run It Twice (@RunItTwice2) August 4, 2020 Who's right: Bankers or Investors? pic.twitter.com/VchNjb31PS — Jesse Felder (@jessefelder) August 4, 2020 $AMZN and $TSLA both reversed into red.. $MSFT, $GOOG and $FB are red as well.. $AAPL continues to be the titan holding things up for … Read more

Another day, another record low for the real U.S. 10-year yield, now below negative 1%.

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Another day, another record low for the real U.S. 10-year yield, now below negative 1%. via @tomkeene pic.twitter.com/fDqbCowFGm — Lisa Abramowicz (@lisaabramowicz1) August 4, 2020 https://twitter.com/NorthmanTrader/status/1290614099068555265 What would the world be like if the US defaulted on its debt rather than leaving the gold standard? — SolidusMax (@SolidusMax) August 4, 2020  

Massachusetts Department of Corrections Makes Prisoners Create Blue Lives Matter Flags

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by mapi Ever wonder where all those Blue Lives Matter Flags are coming from? A recent Tweet by Newton City Councilor Bill Humphrey, revealed that our “depraved state prison labor system” is producing and selling Thin Blue Line flags at a profit. Mass Cor Industries from Milford, Massachusetts uses prison labor to manufacture and sell Thin Blue Line … Read more

DRAIN THE SWAMP: Ex-FBI Agent Indicted for Felony Perjury in Soros-funded Case against GOP Gov. Eric Greitens

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Ex-FBI Agent William Don Tisaby was indicted by a St. Louis grand jury on 7 felony counts of perjury & evidence tampering in the unsuccessful case against Missouri Republican Navy SEAL Governor Eric Greitens. Tisaby was hired by St. Louis Circuit Attorney Kim Gardner, who was elected with over 70% campaign funding from PACs with … Read more

SCOOP: Congress is demanding Yale, Harvard and NYU hand over all records of donations from foreign governments in the next week, calling it a “national security threat” as they pocket billions from China, Iran and Russia

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SCOOP: Congress is demanding Yale, Harvard and NYU hand over all records of donations from foreign governments in the next week, calling it a "national security threat" as they pocket billions from China, Iran and Russia https://t.co/H2PP64Qfif — Ebony Lewkovitz (@ebonylewkovitz) August 3, 2020 WASHINGTON — Congress wrote to the nation’s top universities on Monday … Read more

$1Billion in donations to BLM went to democrat candidates and congressmen. No humanitarian or cummunity aid.

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1. Democrats in Minneapolis refuse to release body cam of Geroge Floyd high out of his mind foaming at the mouth, saying be cant breathe inside the cop car and asking to be laid down. 2. BlM gives cover and tactically supports when rioters burn down, loot and damage thousands of primarily black owned buisnessess. … Read more