Why ‘BRRR!’ Doesn’t Mean What You Think It Means

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by jessefelder The following is an excerpt from a recent Market Comment featured on The Felder Report Premium. “Earnings don’t move the overall market; it’s the Federal Reserve Board… focus on the central banks and focus on the movement of liquidity… most people in the market are looking for earnings and conventional measures. It’s liquidity that … Read more

#Obamagate, A simple, straight forward explanation that might help the masses understand

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https://www.youtube.com/watch?v=erqtM-io4OA $3.7M to Wuhan Virology Lab. Illegal surveillance of American citizens. Unbridled support of terrorists and their regimes. Pandemic. Spygate. Iran. TREASON. Was Barack Obama sent to systematically breakdown the American government from within? To destroy the American way of life? Join Ben & Rob as they shine a BIG spotlight on what could be … Read more

Trump Threatens to Pull RNC Out of Liberal Charlotte

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via rushlimbaugh RUSH: Here’s Edward in Raleigh, North Carolina. Great to have you, sir. Glad you waited. Hello. CALLER: Greetings from Trucker University. That’s a page from Zig Ziglar’s Automobile University. You’re an important part of my wife’s and I curriculum. She wants to say hey. CALLER WIFE: Hey, Rush. RUSH: Hi! WIFE: (garbled cell) We’re … Read more

Us Gold Confiscation Would Be Folly

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by Egon von Greyerz Will gold be confiscated? Yes, of course, it could be. Desperate governments will take desperate actions. And as the world economy is now slumping into a hyperinflationary depression, unlimited money printing will cause currencies to collapse, leading to a surge in the gold price measured in worthless paper money. So the … Read more

CHINA will ACT AGAINST FOREIGN INTERFERENCE over Hong Kong security law – Foreign Ministry

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China will take necessary countermeasures to combat foreign interference amid deliberations over the new Hong Kong security legislation, the Foreign Ministry in Beijing said on Wednesday. Ministry spokesman Zhao Lijian made the remarks in response to a question about US President Donald Trump’s comments on Tuesday that Washington is working on a strong response to … Read more

New Zealand Reserve Bank: Unemployment could rise to 18 per cent, house prices could HALVE, and the viability of the banks could be “called into question” if the coronavirus prompted a further period of economic lockdowns

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Unemployment could rise to 18 per cent, house prices could halve, and the viability of the banks could be “called into question” if the coronavirus prompted a further period of economic lockdowns, the Reserve Bank has warned. The Reserve Bank said in the central bank’s annual report on financial stability published on Wednesday that banks … Read more

This is a fascinating read, and Communist China’s similar propaganda effort on the Wuhan Virus just goes to show that commies never change.

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HISTORY: Lessons From Operation ‘Denver,’ the KGB’s Massive AIDS Disinformation Campaign. “Historian Douglas Selvage sheds light on a conspiracy theory that reverberates to this day.” In September 1985, the Soviet State Security Committee (KGB) informed other Warsaw Pact foreign intelligence agencies that it had launched a new, major disinformation campaign. “We are carrying out a complex of … Read more

California Democrats are poised to throw away a lot of Asian American votes.

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MIKE GONZALEZ:  Why Fomenting Identity Politics Matters More to Democrats than Asian Americans. California’s legislature is trying, yet again, to bring back racial preferences in college admissions. Never mind that its residents overwhelmingly approved a ban against such discrimination in a referendum. If lawmakers succeed, they will penalize Chinese Americans, a growing force in the … Read more

As BofA Global Research put it this morning: “Hoping that either fundamentals will improve at record speed, or that they simply don’t matter is a real risk, given markets’ inability to decouple from recessions in the last 90 years.”

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As BofA Global Research put it this morning: "Hoping that either fundamentals will improve at record speed, or that they simply don't matter is a real risk, given markets' inability to decouple from recessions in the last 90 years." — Lisa Abramowicz (@lisaabramowicz1) May 27, 2020 pic.twitter.com/KjmW8mQgSG — M/1_LP (@MI_Investments) May 27, 2020 S&P tested … Read more

Fed’s Bullard Warns Prolonged Coronavirus Lockdown Could Trigger a Depression

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Watch the latest video at foxnews.com via foxbusiness: A prolonged shutdown of the U.S. economy could trigger a second Great Depression, according to St. Louis Federal Reserve Bank President James Bullard, who said the nation needs to adapt to the new risk in the era of the coronavirus pandemic. “What you’re risking here is that this morphs into … Read more

This is it. It’s happening. Yuan drop steepens amid speculation #China is allowing depreciation in new cold war between US and the middle kingdom.

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This is it. It’s happening. https://t.co/pi1rsDiVF2 — Otavio (Tavi) Costa (@TaviCosta) May 27, 2020 Oops! Yuan drop steepens amid speculation #China is allowing depreciation in new cold war between US and the middle kingdom. https://t.co/bdmgUHvugC HT @OlafGersemann pic.twitter.com/e4INkVwGHA — Holger Zschaepitz (@Schuldensuehner) May 27, 2020 China industrial profits in April show that the recovery is … Read more

Boredom Markets Hypothesis – Idle Retail Investor Driving up Stock Price

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by reddit_user456 Saw this article from Matt Levine’s newsletter today: https://www.bloomberg.com/news/articles/2020-05-22/options-are-now-all-the-rage-for-bored-day-traders-locked-inside?sref=1kJVNqnU Boredom Markets Hypothesis is this idea that: people will do more trading (1) if trading is entertaining and (2) if other things are less entertaining The article above discusses the phenomenon that, because of free time from self-isolation and limited form of alternative entertainment, retail … Read more