Interesting questions are being raised about the George Floyd incident. Were two different cops sent in to intentionally murder this guy in public?

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by bgny https://twitter.com/mikebravodude/status/1265670103913332737 Looks like two different cops were sent in after the guy was already arrested and in the cruiser. Why? If Floyd was handcuffed and sitting in the back of the cruiser why did they take him out again? Do you think the deep state has operators within the police department? Relevant: [DS] … Read more

Trumps executive order on tech censorship released!

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HERE’S A COPY OF PRESIDENT TRUMP’S Draft Executive Order on Preventing Online Censorship. And here are some comments by Eugene Volokh on what Section 230 does and doesn’t do. The National Pulse has obtained a draft of the expected Big Tech Executive Order from the White House. President Trump is believed to be signing this executive order … Read more

Trump/China Feud Is Increasing Risks for Markets and Economy… U.S./China Tension Only Set to Get Worse, ‘There Is No Off Ramp’: Bloomberg

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Trump/China Feud Is Increasing Risks for Markets and Economy It’s only a matter of time before the Trump administration hits China over a range of grievances. The question for CEOs, investors and economic policy makers is how bad things will get.U.S. lawmakers moved on two fronts Wednesday… U.S./China Tension Only Set to Get Worse, ‘There … Read more

Norinchukin Bank loses $3.7b and halts investing in CLO market

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https://www.wsj.com/articles/japanese-farmers-foray-into-risky-u-s-debt-leaves-3-7-billion-hole-11590582336 The Japanese bank that was the biggest buyer of debt used to fund private-equity buyouts suffered a ¥400 billion ($3.7 billion) hit and said it would stop investing in that market. Norinchukin Bank owns about 10% of the $700 billion market for corporate debt that was packaged into securities called collateralized loan obligations. Other … Read more

Morgan Stanley DD

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by Particular-Wedding All the US investment banks have been on a tear after speculation that their dividends won’t come under pressure after all. A negative catalyst is that stock buybacks are still not available for most banks b/c of a mix of the poor PR image from the last 2009 bailout and cost savings measures. … Read more

Investor turns $100,000 into $2.2 million — now he’s banking on a cruise line to reach his early retirement goals

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by kmanhard https://www.marketwatch.com/story/investor-turns-100000-into-22-million-now-hes-banking-on-a-cruise-line-to-reach-his-early-retirement-goals-2020-05-27?mod=mw_latestnews The buy-and-hold approach to the stock market generally isn’t a celebrated strategy among Reddit’s “Wall Street Bets” bunch, but more than a few glasses are being raised for one member of the meme-making trading community who claims to have made an absolute killing in recent years. IKnowTheCodings, as he goes by on Reddit, says … Read more

Money growth vs the real economy.

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https://twitter.com/jtepper2/status/1266042596524163072 More than 3,600 stores are closing as the retail apocalypse drags on 🇺🇸Atlanta Fed Business Uncertainty Survey @BillardPhillipe @AlessioUrban @EconGlobal @TradersCom @LordPolemos @MI_Investments @XRP_589_Theunis @SpeculaThor @bocajoes @tey_west @wheeliedealer @Rafael60980545 @ChileBitcoin @investor1927 @paibad @rsroc @hedgefundsrati1 @ezkappdo pic.twitter.com/4a9FVKqRZG — Antonio Pérez-Algás (@apanalis) May 27, 2020 Left behind in the Fed’s coronavirus bailout, some bonds tied to … Read more

Hong Kong’s security law is going to devastate its economy

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by ilikepancakez https://asia.nikkei.com/Opinion/Hong-Kong-security-law-is-going-to-devastate-its-economy Commentary: The freedoms given to Hong Kong as a largely autonomous region helped make it a thriving center for international banking and finance. The new national security law is already creating uncertainty and greatly undermines the pillars with which the majority of Hong Kong’s status is based upon. With China effectively choosing … Read more

We can print our way out of anything?

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We can print our way out of anything pic.twitter.com/xhlD2gmnLe — Win Smart, CFA (@WinfieldSmart) May 27, 2020 U.S. Corporate Credit pic.twitter.com/a1gjJpAcNI — Win Smart, CFA (@WinfieldSmart) May 26, 2020 #SPX Weekly – this bounce is still well within Bear Mkt rally parameters.. until that changes.. my view for another leg lower remains. 😎 #ES_F #SPY … Read more

The UN Had To Step In To Allow Venezuela To Sell Gold Held (Supposedly) In Bank of England Vaults

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(Silver Doctors Editors) It seems like Venezuela will be able to sell some gold after all. If you’re picking-up where this story left off, or if you’re new to this story, here’s where we left off with in this ongoing saga: Which brings us to reporting today, from Reuters (bold added for emphasis and commentary): CARACAS (Reuters) – Venezuela has … Read more

To Help the Economy, Wear a Mask

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by John Mauldin “You can lead a horse to water but you can’t make him drink,” says an old saying. That’s right but, as I learned growing up in Texas, it doesn’t go far enough. Horses recognize hazards their riders miss. Maybe there’s a reason not to drink that water. I say that because, with … Read more

As the Economic Cycles Turn

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by John Mauldin I had a chance to catch up with my friend Neil Howe at my recent Strategic Investment Conference about the “Fourth Turning”—a recurring generational cycles theory that Neil helped to write the book on, quite literally. In his view, it’s ongoing right now. Specifically, in the cycles of history, we are in … Read more