Many market participants overestimate the “positive” impact of government spending and monetary policies. Then comes the reckoning.

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Many market participants overestimate the "positive" impact of government spending and monetary policies. Then comes the reckoning.@Hedgeye https://t.co/yitgEInRHf — Daniel Lacalle (@dlacalle_IA) May 30, 2020 Cities are burning. Real economy is on life support. And here we are… Debating whether the $SPY holds $3k and when the next round of stimulus / easy money is … Read more

Keep An Eye On The Yuan & Corporate Spreads

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Authored by Steven Vannelli via Knowledge Leaders Capital blog, Since the March 23, 2020 low, when the Federal Reserve announced basically unlimited liquidity via a variety of programs, corporate spreads have narrowed, and the stock market has risen substantially. In the chart below, I overlay US investment grade spreads over the S&P 500 Index. The funny … Read more

McAlvany: Will silver follow gold higher? … Peter Schiff: Do the math; the US is an insolvent zombie nation … David Stockman: Why the lockdown is stupid …

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BY JOHN RUBINO McAlvany: Will silver follow gold higher? … Peter Schiff: Do the math; the US is an insolvent zombie nation … David Stockman: Why the lockdown is stupid … Bob Hoye: Deflation is here, but so is a multi-decade gold bull market … Matt Taibbi: how the mainstream media lost its way …

The Fed has been aggressively buying corporate bond ETFs. Can they save the market forever?

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Here are the Fed's ETF holdings as of May 19, ordered by aggregate market value. pic.twitter.com/G68IxlYAM9 — Win Smart, CFA (@WinfieldSmart) May 30, 2020 Weekly #Rail Traffic for the Week Ending May 23, 2020 U.S. weekly rail traffic down 19.2% compared with the same week last year Canadian railroads down 22.5% Mexican railroads down 26% https://t.co/1pi43BrCqL … Read more

Can’t change the system from the inside

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by sand_puppy These people understand that they cannot change the system from the inside.  They are profoundly powerless.  I include myself in this group of the powerless. As a doctor, I cannot prescribe HCQ w Zinc for SC2 in Virginia, for example.  There is no defense against false charges from the FBI, confiscation of property by police, … Read more

AMERICA PLUNGES INTO CRISIS; WHITE HOUSE LOCKDOWN; MILITARY PUT ON ALERT

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Gripped by disease, unemployment and outrage at the police, America plunges into crisis America’s persistent political dysfunction and racial inequality were laid bare this week, as the coronavirus death toll hit a tragic new milestone and as the country was served yet another reminder of how black people are killed by law enforcement in disproportionately … Read more

Most of us have a severe dopamine addiction, causing us to be depressed, anxious, isolated, lonely, and never satisfied.

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by mamaluigi007 Mayoclinic describes the following symptoms for alcohol addiction: Being unable to limit the amount of alcohol you drink Wanting to cut down on how much you drink or making unsuccessful attempts to do so Spending a lot of time drinking, getting alcohol or recovering from alcohol use Feeling a strong craving or urge … Read more

Nothing Inappropriate – DNI John Ratcliffe Releases Wiretapped Flynn-Kislyak Transcripts…

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by sundance DNI John Ratcliffe has released the transcripts and FBI generated summaries known as “CR cuts” from the telephone calls between incoming National Security Advisor Michael Flynn and Russian Ambassador Sergey Kislyak. [pdf version here]. A fast review of the transcripts (also embed below) shows there was nothing inappropriate or improper about the conversations at … Read more

First the Deflationary Deluge of Assets Crashing, Then the Tsunami of Inflation

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by Charles Hugh Smith via Of Two Minds Once the pool of greater fools dries up, stocks crash regardless of what the Fed does or bleats. The conventional view is the Federal Reserve creating trillions of dollars out of thin air will trigger inflation. Not so fast. Yes, creating trillions of dollars out of thin air will eventually devalue the purchasing … Read more

Lou Dobbs on Twitter: “‘Scandal beyond Measure’: @TomFitton says transcripts of the Flynn – Kislyak calls further prove General Flynn’s innocence and the deep state’s deception”

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'Scandal beyond Measure’: @TomFitton says transcripts of the Flynn – Kislyak calls further prove General Flynn’s innocence and the deep state’s deception. #AmericaFirst #MAGA #Dobbs pic.twitter.com/99qggR1uDp — Lou Dobbs (@LouDobbs) May 29, 2020