Now the democrats continue to implode under the failed “leadership” of dementia-riddled Nancy Pelosi – go figure “House Speaker Nancy Pelosi is facing pressure from her own party as House and Senate Republicans and Democrats call for her to send the articles of impeachment to the Senate. The articles of impeachment against President Donald Trump, … Read more
Federal Reserve has been doing massive repo financing “transfusions” of $$$$ capital into NYC banking sector…WHY? Now the answer has come forth: NYC REAL ESTATE IS IMPLODING, IN ALL MARKET SEGMENTS: COMMERCIAL, RESIDENTIAL, RETAIL, LEASES, PRE-LEASE BUILDING FINANCING, the whole rotten ‘Big Apple’ is under tremendous stress https://www.zerohedge.com/markets/markets-repo-addiction-getting-worse-latest-term-repo-operation Yesterday we reported that with the Fed’s first oversubscribed … Read more
https://www.youtube.com/watch?v=2EYuIDs1XRI&feature=youtu.be World’s super-rich are hoarding physical gold in secret bunkers The strategic case for owning gold remains strong, according to analysts at Goldman Sachs. They point to such factors as political uncertainty, recession fears and other worries among the global elite. Data from Goldman research showed that owning the physical metal seems to be the … Read more
Iran has announced that its military “unintentionally” shot down a Ukrainian jetliner, killing all 176 on board. The statement on Saturday morning blames “human error” for the incident, adding that the military mistook Flight 752 for a “hostile target”. Press TV also quoted Iran’s General Staff of the Armed Forces as saying that the plane had … Read more
by politicallyasstoot ll political donations by reddit staff are to democrats. Just a coincidence fund raising posts for Bernie are top of front page while The_Donald is quarantined. Election rigging! Imagine wanting to donate to Trump but knowing your name would show up on this list for your job to see. Chilling effect … Read more
Forensic pathologist and Fox News contributor weighs in on the evidence in the Jennifer Dulos murder case and missing surveillance footage in the Jeffrey Epstein case. #FoxNews
via Yahoo Companies Are Rushing to Borrow Cheaply While They Still Can (Bloomberg) — Companies around the globe, concerned that heightened tensions between the U.S. and Iran could roil bond markets, are rushing to borrow cheaply while they still can. Investment-grade firms have sold more than $61 billion of notes in the U.S. through Thursday, … Read more
By Gail Tverberg Energy Forecast for 2020 Overall, I expect that oil and other commodity prices will remain low in 2020. These low oil prices will adversely affect oil production and several other parts of the economy. As a result, a strong tendency toward recession can be expected. The extent of recessionary influences will vary … Read more
The federal labor board on Friday approved a roughly $76 million dollar offer by CNN to settle a long-running labor dispute with camera operators who accused the news organization of canceling their contract because they were unionized. The National Labor Relations Board’s approval will finally resolve the 16-year-old labor dispute involving more than 200 camera … Read more
UK Ambassador to Iran Rob Macaire arrested tonight in Tehran for allegedly ‘directing radical actions’ Foreign Secretary Dominic Raab hit out at Iran over the ‘flagrant violation of international law’ Demanded that the country make a choice between becoming a ‘pariah’ state or to ‘deescalate tensions’ Protests broke out at four universities in Tehran on Saturday … Read more
by Geoffrey Grider Fake news CNN forced to settle multi-million dollar lawsuit with Nick Sandmann and Covington Catholic High students for libel, slander and defamation of character over series of falsely reported news stories and videos When fake news CNN is not publishing outright lies, they are publishing distorted half-truths in ways that will always make the … Read more
by Michael Markowski Through the first 10 days of 2020, the Bull & Bear Tracker: Produced a gain of 3.5% vs. the S&P 500’s 1.1% 100% cash for 3 of the 7 trading days 50% invested for the 4 of 7 days in market The 2020 year to date return and low risk exposure for … Read more
Nancy Pelosi will go down as the absolute worst Speaker of the House in U.S. history! — Donald J. Trump (@realDonaldTrump) January 11, 2020 Now the Radical Left, Do Nothing Democrats, are asking @senatemajldr Mitch McConnell to do the job that they were unable to do. They proved NOTHING but my total innocence in the … Read more
Translation: “To the brave and suffering Iranian people: I have stood with you since the beginning of my presidency and my government will continue to stand with you. We are following your protests closely. Your courage is inspiring.” https://twitter.com/SGhasseminejad/status/1216131659986325504 TRUMP STANDS WITH THE PROTESTERS: You know, Iran says they’ve bribed a lot of Western government officials. … Read more
My patience has been exhausted. By Wolf Richter for WOLF STREET. On January 9, the Wall Street Journal ran an article about the Fed’s repo operations with this headline: “Fed Adds $83.1 Billion in Short-term Money to Markets.” This is what the headline looks like: The article then said that the New York Fed “added $83.1 billion in temporary liquidity … Read more
America’s counterfeit society is heading towards a horrendous disaster. You should know about sound money. It’s the only way out.
WSJ: Money-Losing Companies Mushroom Even as Stocks Hit New Highs The percentage of listed companies in the red is close to 40% Analysts made larger cuts than avg to earnings estimates for Q4 2019; on a per-share basis, estimated earnings for Q4 decreased by 4.7% from September 30 thru December 31 [larger % decline than 5y … Read more
by UPFINA In this expansion, past economic performance doesn’t indicate future trends. We’ve had 3 slowdowns in this expansion. At the worst point in the prior 2 slowdowns, it looked like the economy was headed for a recession, but it was actually a great time to buy stocks. The stock market decline in Q4 2018 was … Read more
Another predicament. Continuing Jobless Claims now rising the most since the Great Recession. This index tracks the unemployment rate with an exceptional 0.97 correlation since 1968! Keep this in mind.The labor market holds the key for the business cycle. pic.twitter.com/tScvtwgyOe — Otavio (Tavi) Costa (@TaviCosta) January 10, 2020 Growth in total hours worked has slowed … Read more
