A new study of World Bank data finds that aid disbursement to highly aid-dependent countries coincides with sharp increases in bank deposits in offshore financial centers.

by

via promarket: “The World Bank Group considers corruption a major challenge to its twin goals of ending extreme poverty by 2030 and boosting shared prosperity for the poorest 40 percent of people in developing countries.” On its website, the World Bank acknowledges that corruption is one of the main obstacles to development. However, according to a new study, World … Read more

RARE SIGNS OF SANITY IN CALIFORNIA:

by

That Freelance Job-Killing Law Is So Bad That the California Legislature May Dump It Next Week. But note this: Next week, Republican Assemblyman Kevin Kiley is hoping that enough California lawmakers have received enough blowback to put a stop to the madness…They should just blow up AB 5 and pretend it never happened, but Kiley’s … Read more

EU make CRITICISM of MIGRATION a CRIMINAL OFFENCE

by

"Criticism of migration will become a criminal offence." Actual words. https://t.co/sC2S9ruJc9 — Tess Summers 🏴󠁧󠁢󠁥󠁮󠁧󠁿🇮🇪 (@tesssummers98) February 20, 2020 The EU is making the act of merely CRITICISING MIGRATION a criminal offence! Media organisations who report ANY criticism will be “shut down”.   JW

Is Reality Finally Setting In? Nasdaq Is Crashing As Major Factor Reversal Strikes

by

via Zerohedge: While the catalyst for this sudden move is unclear, the fact is a notable regime shift is underway today in factors as the long-momo-short-value trade is reversing fast as Treasury yields tumble. Is this the start of a September-like reversal? Notably the almost incessant rise in low-vol strategies is getting hammered today… As … Read more

Bloomberg paid to have his own ass kicked on national TV last night

by

Billionaires have some weird fetishes. ————- I want to to remind everyone that Michael Bloomberg PAID for that beating. He gave money to the DNC and they changed the rules so that he could be in the #DemDebate tonight. Very shortsighted. Hilarious! https://twitter.com/ali/status/1230344240980512768?s=20 Mini Mike used millions to get on that stage and he was … Read more

The Fate of Final Rallies

by

By Harry Dent I have been talking recently about how this final blow-off rally since the sharp 20%+ crash into late December 2018 is tracking very close to the one that occurred from late October 1998 into late March 2000. That correlation suggests that this rally could last into late May or so, at the … Read more

Confirmed New England Journal of Medicine- CoronaVirus Viral Loads Spreads Like Influenza and with no Symptoms Showing

by

Spreads as easily as the common cold and influenza even if the patient has not, and will never show any symptoms, just by your breath! We also know it can be spread by Fecal matter, Body fluids etc, and on hard surfaces, however this recent study and analysis of the location, timing of, when symptomatic, … Read more

Lindsey Graham, Thom Tillis pushing Trump for total Amnesty Open borders package hidden in the farm bill!

by

Horowitz: Senate Republicans looking to repeat 1986 amnesty, seeking President Trump’s support: Sources Farm Worker Amnesty. Senator Thom Tillis and other liberal Republicans are hell-bent on turning our rural communities into pipelines for cartel drug trafficking and criminal aliens. Rather than holding vote after vote on ridding our communities of sanctuary cities and dangerous criminal … Read more

TURKISH ARMY BEGINS MILITARY OPERATIONS in IDLIB PROVINCE ,SYRIA!

by

#BREAKING The Turkish Army begins military operations against the Assad regime in Idlib province.M60 are heading towards Nayrab, special forces are heading to the frontline.Artillery working against regime positions.Regime and Russian planes keep striking nearby towns.#Syria pic.twitter.com/f9sHdyFV3P — Julian Röpcke🇺🇦 (@JulianRoepcke) February 20, 2020 Sources from Syria: The Turkish army and Syrian opposition had started … Read more

Never Go Full Retard

by

by northmantrader The recognition that this market is in a bubble (something I’ve been writing about extensively) has gone mainstream and banks are recognizing is now too. This week JP Morgan’s Kolonavic is also raising the alarm bell: “The bubble we are describing is expressed in equity factors … We caution investors that this bubble will likely … Read more

Options Traders Showing No Fear

by

by Dana Lyons A historically high percentage of stock option trades are betting on higher prices. Whatever “wall of worry” that has served as a tailwind for stock prices of late has been completely demolished. At least, according to data from the options market. And unlike the UM survey that we highlighted last week wherein consumers were merely … Read more

Trump and Economic News That Drive Gold, Not Just Coronavirus

by

by Arkadiusz Sieron of Sunshine Profits Coronavirus, the topic du jour. It is still the major threat for the global health and economy. But we should not forget about other geopolitical and economic developments. What do they imply for the gold market? Coronavirus, China’s Economy and Gold Prices The number of cases of coronavirus reported by the WHO … Read more

Video: Here’s the moment that the Bloomberg campaign absolutely imploded on itself #DemDebate

by

Video: Here's the moment that the Bloomberg campaign absolutely imploded on itself #DemDebate pic.twitter.com/6QT0xnNRN0 — Curtis Houck (@CurtisHouck) February 20, 2020 THE HINDEN-BLOOMBERG! NYC mayor goes up in flames at Vegas debate. Or does he? As John Podhoretz writes in the New York Post, “The thing is, even if the entire night had been the epic disaster the … Read more

Price Extremes, The Trapped Fed and Scapegoats

by

Miles Franklin sponsored this article by Gary Christenson. The opinions are his. Since 2009 stocks have risen into a bubble fueled by inexpensive debt, buybacks and QE. Most commodities have not matched the price increases. Palladium is an exception—more later. The ratio of the commodity index to the S&P 500 Index sits at a historic low.Commodity prices … Read more