Nothing to see here. All time complacency in a world of turmoil. Almost half of all PE-backed loans last year supported buyouts

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https://twitter.com/othersideam/status/1214738788104253441 US #leveragedloan issuance backing LBOs totaled $89B in 2019, the least since 2016 (though still a relatively strong showing). Almost half of all PE-backed loans last year supported buyouts pic.twitter.com/JnYe5zKPta — Leveraged Loans (@lcdnews) January 8, 2020 Riskier corporate debt sales pose ‘stability concern’ — NY Fed https://t.co/q1VNVEm5uE — Financial Times (@FT) January 8, … Read more

Eugene Gu, MD Tweets: “Genuinely, thank you Mr. President.” – Now Being Viciously Attacked by the Left Who Once Adored Him

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Eugene Gu, MD Tweets: “Genuinely, thank you Mr. President.” – Now Being Viciously Attacked by the Left Who Once Adored Him View post on imgur.com Genuinely, thank you Mr. President. — Eugene Gu, MD (@eugenegu) January 8, 2020 Eugene Gu, MD Verified account @eugenegu > Replying to @realDonaldTrump Genuinely, thank you Mr. President. Genuinely, thank … Read more

Chelsea Clinton rakes in $9 million for serving on the board of investment firm that is controlled by Hillary’s billionaire friend Barry Diller

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by DCG This womyn is lucky her last name is Clinton. In the real world, she’d never be worth this much for such little work. From Daily Mail: Chelsea Clinton has raked in $9 million in the past decade for serving on the board of a media and internet investment company controlled by her mother’s friend. The … Read more

LiveScience: “Origin of Deep-Space Radio Flash Discovered, and It’s Unlike Anything Astronomers Have Ever Seen”

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Origin of Deep-Space Radio Flash Discovered, and It’s Unlike Anything Astronomers Have Ever Seen HONOLULU — Mysterious ultra-fast pinpricks of radio energy keep lighting up the night sky and nobody knows why. A newly discovered example of this transient phenomenon has been traced to its place of origin — a nearby spiral galaxy — but … Read more

The Donald’s Assassination Of General Soleimani—As Stupid As It Gets

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by David Stockman During more than a half-century of Washington watching we have seen stupidity rise from one height to yet another. But nothing—just plain nothing—compares to the the blithering stupidity of the Donald’s Iran “policy”, culminating in the mindless assassination of its top military leader and hero of the so-called Islamic Revolution, Major General … Read more

Highly Famous ‘Imam of Peace’ Posts What He says Middle Eastern Journalists are Reporting Regarding Iran/U.S. Conflict

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Highly Famous ‘Imam of Peace’ Posts What He says Middle Eastern Journalists are Reporting Regarding Iran/U.S. Conflict Imam of Peace / Pray for Peace… Verified account @Imamofpeace This is being repeated a lot by Middle East journalists: “Tehran told Washington DC through proxies that it will bomb US bases in Iraq to save face and … Read more

WELL, THAT’S NOT SUSPICIOUS AT ALL: Iran refuses to hand over airliner’s black box: report.

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via foxnews “Iran is refusing to hand over the black box of the doomed Ukrainian airliner to Boeing amid an investigation into what caused the crash that killed all 176 people aboard the flight out of Tehran early Wednesday, according to a report.” UPDATE: A friend on Facebook comments: Following the story of Ukrainian International Airlines … Read more

The End of College Is Near

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By Jared Dillian I predict that 20% of colleges and universities will shut down or merge in the next 10 years, and probably more. It was a good run. Most people fail to understand that higher education is in itself countercyclical. When the economy is bad, and people lose jobs, many of them will go … Read more

Truckers Take “Wait and See Approach”: Equipment Orders, After Having Plunged, Stall at Low Levels

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Amid a shakeout among trucking companies & production cuts and layoffs among truck makers. By Wolf Richter for WOLF STREET. Orders for heavy trucks in December came in at 20,000. In the fourth quarter, they averaged just under 20,000. For the past 12 months, there were 179,000 orders for Class 8 trucks, down 64% from 497,000 orders in … Read more

Welcome To World War 3 – Just Pray That You Will Be Able To Survive It

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by Michael Snyder It certainly didn’t take long for the missiles to start flying.  Just hours after Qassem Soleimani’s funeral proceedings ended, the Iranian military fired more than a dozen ballistic missiles at two U.S. bases in Iraq.  President Trump will be making a statement about this attack on Wednesday, U.S. Senator Lindsey Graham is … Read more