Deutsche Bank: QE4 Creating Stock MELT UP! Netherlands Central Bank Warns QE Ends Badly

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Even Deutsche Bank is straight up calling a spade a spade. They are referring to QE4 as QE4. More importantly though, they are finally showing investors about the correlation between the balance sheet and stocks. (We’ve been on that for a while but good to see the mainstream financial corporations acknowledging it). In a sense … Read more

How Ratings Agencies Inflate Credit Ratings to Get Deals & Fees

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This time, a new thingy, “Commercial-Real-Estate CLOs.” But investors don’t care because they’re too busy chasing yield. By Wolf Richter for WOLF STREET. There is a fairly new and popular creature in the hopping party-town of securitizations: “commercial-real-estate Collateralized Loan Obligations.” These CLOs are bonds backed by risky commercial real-estate “transitional loans,” such as loans to fix up … Read more

Brace yourselves: Goldman declares economy virtually recession proof…. The $VIX know something.

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Oh no… 😳 https://t.co/5WcbRF7GpJ — Nomi Prins (@nomiprins) December 31, 2019 The U.S. economy is “structurally less recession-prone today,” Goldman Sachs economists said. That calls comes just months after Wall Street feared that an inverted yield curve was signaling an imminent recession. Goldman cites five factors that pose a reduced threat to the “Great Moderation” … Read more

‘I’ll f**king bury you!’ McAfee vows to expose corrupt US officials & CIA agents if ‘disappeared’

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Bitcoin evangelist John McAfee has threatened to “bury” the US government if they keep harassing him over unpaid taxes, promising to leak a huge trove of files proving corruption throughout Washington and its allies. “I’ve collected files on corruption in governments. For the first time, I’m naming names and specifics,” McAfee warned in a string … Read more

Repo Crisis for Year-End

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by Martin Armstrong   The Repo Crisis for year-end has had the Fed pumping in a staggering amount of about $234 billion into the repo markets. They are exchanging high-quality capital for cash to suppress market volatility and maintain the central bank’s overnight funds level, which is used as a benchmark for multiple other short-term … Read more

Hunter Biden in a lot of trouble as the walls come tumbling down – People joining lawsuit against him

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Defrauded’ investor wants Hunter Biden’s bank records to prove VP’s son received $1.5bn from Chinese companies that ‘hustled Americans out of life savings’ in latest twist in paternity battle Defrauded investor’ Joel Caplan asked an Arkansas judge to allow him to join in on Lunden Roberts’ suit against Hunter Biden, according to docs filed Monday … Read more

Ocrazio Cortex year in review: The Most Absurd And Shocking Things Said By Ocasio-Cortez In 2019

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The Daily Caller’s Stephanie Hamill and the Daily Caller News Foundation’s Vince Shkreli list off the strangest and most absurd things said by Democratic Rep. Alexandria Ocasio-Cortez of New York in 2019. Ocasio-Cortez, one of the most talked about women in Congress, was no stranger to social media this past year. This gave us plenty … Read more

ICE Reports Confirm: It’s Time To End The Sanctuary Cities Scandal

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Sanctuary Cities a.k.a. Treason Towns have become an unavoidable crisis. The just-released U.S. Immigration and Customs Enforcement Fiscal Year 2019 Enforcement and Removal Operations Report shows that ICE deported 267,258 illegals and issued 165,487 “detainers” (requests that local authorities hold illegals in jail until ICE can deport, them). But, increasingly, Democrat local officials are refusing to honor detainers and releasing … Read more

California Lost More Than 200,000 People to Other States in 2019…. Census Estimates Show California, New York Losing House Seats to Demographic Change.

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More than 200,000 people left California, on net, between 2018 and 2019 to move elsewhere in the country, the Census Bureau reported Monday, making it the nation’s leader in out-migration. California was one of only three states to have population losses greater than 100,000. The others were New York at 181,000 and Illinois at 105,000. The net … Read more