Nancy Pelosi has 30 $140 strike $FB calls expiring this week how much money did she make? Lets do some backtesting and find out!

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by realister According to her financial disclosures Nancy Pelosi purchased 30 $FB $140 strike calls expiring 1/17/20 (this Friday) and she paid 35.5 ($3550) for each of them in October 2018 right before the Christmas correction. She paid a total of around $105,000 for this trade. At one point her position was down more than … Read more

It’s Time to Pay Attention to Commercial & Industrial Loans

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This solid recession indicator is starting to concern me again. By Wolf Richter for WOLF STREET. Commercial and industrial loans (C&I loans) at all commercial banks fell to $2.33 trillion as of January 1, the lowest since March 2019, according to Federal Reserve data on commercial banks, released on Friday. C&I loans peaked in August last year at $2.38 trillion … Read more

Fed Pays $35 Billion to Banks, $6 Billion to Reverse-Repo Counterparties in Interest for 2019, Remits $55 billion to US Treasury

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Then there are the dividends it pays its member banks. By Wolf Richter for WOLF STREET. In addition to a lot of smaller activities, the Federal Reserve does two financially huge things: in 2019, it held about $4 trillion in interest-bearing assets, mostly Treasury securities and mortgage-backed securities (MBS); and it owed banks about $1.5 trillion in interest-bearing … Read more

[CB] Panics, All Eyes On Them When The Global Economy Implodes

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https://www.youtube.com/watch?v=fOQ_19CW0Rc Trump and the patriots have positioned the new economy, the [CB]/MSM are trying to control the narrative that the US needs the middle east oil. This is about control. The [CB] are now panicking, the global economy is imploding, they are exposed, they are no longer behind the curtain, the curtain has been pulled … Read more

James O’Keefe Replies to Trump: “Stay tuned everyone. Something very big is going to happen. First bombshell tape to drop this week.”

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James O’Keefe @JamesOKeefeIII > James O’Keefe Retweeted Donald J. Trump Stay tuned everyone. Something very big is going to happen. The first bombshell tape is going to drop this week. http://expose2020.com/ Stay tuned everyone. Something very big is going to happen. The first bombshell tape is going to drop this week. https://t.co/BFGnoCeJE7 https://t.co/fJzoguHplM — James … Read more

Wars on the Brink: IRANIAN SECURITY FORCES HAVE OPENED FIRE ON PROTESTERS

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https://twitter.com/WarsontheBrink/status/1216429036202811393   Steve Herman ‏ Verified account @W7VOA 4m4 minutes ago MoreSteve Herman Retweeted 👁 👁cheshm_abi Reports of gunshots and tear gas fired by security forces in Tehran. Reports of gunshots and tear gas fired by security forces in Tehran. #IranProtests https://t.co/qKjcw8XYcG — Steve Herman (@newsguyusa) January 12, 2020 Aleph ‏ @no_itsmyturn Follow Follow @no_itsmyturn … Read more

A multitrillion dollar exit scam: Boomers are leveraging QE and massive government debt to pump the market and saddle the rest of us with a lifetime of debt, inflation, and austerity.

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https://twitter.com/BullyEsq/status/1216370050837422080 https://twitter.com/NorthmanTrader/status/1216472000451022848 Concentration risk pic.twitter.com/U1f6cOYFt6 — Win Smart, CFA (@WinfieldSmart) December 30, 2019 Inflation of selective items over 20 years pic.twitter.com/viCpuzSBQH — Win Smart, CFA (@WinfieldSmart) December 27, 2019 St. Louis Fed Financial Stress Index dips to -1.419 in the latest week (normal stress=0). See the long-term trend in FRED: https://t.co/YyzQgJwhcr pic.twitter.com/8jmOxq8wVc — St. Louis … Read more

Slow-motion trainwreck that is Victoria’s Secret: Short Equity & Go Long Bonds?

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by Fair_Criticism Joel Tillinghast, a once-legendary portfolio fund manager and former colleague at Fidelity, sometimes describes retail apparel investing as “momentum-based”. After all, when it works, you look like a genius: people throw $20 bills at you in exchange for flimsy cotton shifts that cost $3.50 to manufacture and $5 to market. Every appareler is … Read more

US real GDP growth now outpacing China’s for the first time in 24 years

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https://twitter.com/TaviCosta/status/1216519192075063299 Related: Week ahead: US-China trade deal, Brexit, earnings https://t.co/H8yOQT7AFT — Financial Times (@FT) January 12, 2020 3 days to sign the phase one trade deal.. China must buy the biggest amount of soybeans.. meanwhile they’re already buying it from Brazil.. probably pigs can fly now pic.twitter.com/T9IAyM8pCT — Alessio (@AlessioTMAD) January 12, 2020    

Jim Rickards: At what point do investors say “get me out of the dollar”? … Peter Schiff: Bad monetary and fiscal policy is good for gold …

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BY JOHN RUBINO Jim Rickards: At what point do investors say “get me out of the dollar”? … Peter Schiff: Bad monetary and fiscal policy is good for gold … Gerald Celente: The Fed can’t stop what it’s started … Lynette Zang: What happens next in the Middle East, gold and oil … Rick Rule’s investment … Read more

The Owl Has Landed: Lagarde’s New Vision For The ECB

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by Claudio Grass via Claudiograss.ch On December 12, Christine Lagarde introduced her goals and vision in her first rate-setting meeting as the new President of the ECB. On the actual policy front, there were no surprises. She remained committed to the path set by her predecessor, Mario Draghi, and kept the current monetary stimulus unchanged. The central bank … Read more

409Ks, 90% Gains, The Fed and Darth Vader’s Warning

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by Charles Hugh-Smith The worship of mortals as demi-gods and faith in Golden Idols triggers a turn in the karmic wheel as near-infinite hubris invites divine retribution. In case you missed it, here’s a snapshot of the most recent Federal Reserve board meeting: It’s certainly a peculiar moment in history when the President chides everyone … Read more