Sanders Campaign Offers ‘Family Persuasion Guide’ So Supporters Can Ruin Christmas

The Sen. Bernie Sanders (I-VT) presidential campaign is struggling with voters over age 50. It turns out, those who’ve already made their money, paid off their student loans, and are eligible for actual Medicare, aren’t really up for voting for Bernie Sanders, and it’s starting to have an impact on his ability to win in … Read more

WAKE UP AMERICA! Study: Immigration to Redistribute 26 Congressional Seats to Blue States for 2022 Election

The nation’s illegal and legal immigration system will help shift 26 congressional seats, primarily from red states, and redistribute them to mostly blue states next year, according to new analysis. Every year, the United States imports about 1.2 million legal immigrants who largely arrive to reunite with foreign relatives already in the country. This level … Read more

China Buckles, More Winning for Trump: China will lower or remove import tariffs on a number of products starting in Jan. 2020.

“The Chinese government said it will cut import tariffs for goods including frozen pork, pharmaceuticals, paper products and some high-tech components starting from Jan. 1, according to a statement from the Ministry of Finance.” https://www.bloomberg.com/news/articles/2019-12-23/china-to-cut-tariffs-on-goods-including-pork-tech-items?utm_content=economics&utm_source=twitter&utm_medium=social&utm_campaign=socialflow-organic&cmpid=socialflow-twitter-business&cmpid==socialflow-twitter-economics https://twitter.com/pulpmarkets/status/1209021179123687426 China will lower import tariffs on over 850 products from January 1, finance ministry says KEY POINTS China will … Read more

Why bother buying junk? High-yield bonds (ex-energy) only yield 180 bps above inflation. Lowest level in history!

Why bother buying junk? High-yield bonds (ex-energy) only yield 180 bps above inflation. Lowest level in history! Completely unsustainable and poised to revert. Most of these businesses can’t even survive in a high cost of capital environment.https://t.co/RogarSc6hl pic.twitter.com/OAwf8AHvBd — Otavio (Tavi) Costa (@TaviCosta) December 23, 2019 Uber bullish consensus never ends well. Implied vol for … Read more

It’s pretty rare for the PBoC to admit that it has paid a “huge” price for a regulatory failure. I wonder just how huge it was.

via chinabankingnews: The Chi­nese cen­tral bank says it will main­tain strict reg­u­la­tion of the fin­tech sec­tor due to con­cerns over risk in re­la­tion to in­ter­net fi­nance. Pan Gong­sheng (潘功胜), deputy gov­er­nor of the Peo­ple’s Bank of China (PBOC), said that prob­lems with on­line fi­nan­cial risk in China had pro­vided a “deep les­son” for reg­u­la­tors. “We have paid a … Read more

China closed red today (where is the phase 1 euphoria?

China closed red today (where is the phase 1 euphoria? 🤪) https://t.co/L1uTZPfQD7 — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) December 23, 2019 Full article on that >>Trump says trade deal with China to be signed 'very shortly'https://t.co/TkNgE5VPG6 pic.twitter.com/GxAyAGPEi6 — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) December 22, 2019 More signs of the severity of China's protein deficiency … Read more

Hard pass – Chicago is trying to sell $1.2 billion of bonds. Who wants them?

Chicago bond shops helping hawk the city’s big $1.2 billion offering stand to earn lucrative fees, but they’ll have to work hard for the money. It’s the city’s largest bond sale since 2017 and perhaps the largest ever in terms of the $3.2 million in fees earmarked for minority-owned underwriters, including Chicago-based Loop Capital Markets and … Read more

The best year financial markets have ever had? We end this year with another massive liquidity impulse by central banks around the globe! Beware of buying tops! 

We end this year with another massive #liquidity impulse by central banks around the globe! #monetaryeasing pic.twitter.com/skHHv9RGuI — jeroen blokland (@jsblokland) December 23, 2019 Short-term traders exposure to the US equity market (can you say #pilein) $ES_F $SPX pic.twitter.com/0tRB1sWekj — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) December 23, 2019 The best year financial markets have ever … Read more

Open Borders Are a Trillion-Dollar Mistake

via JACK MCKERRIGAN: As I first read Bryan Caplan’s “Open Borders Are a Trillion-Dollar Idea” in Foreign Policy, besides disbelief, my thoughts were that this person must not get out much or must not read much. A quote from writer Upton Sinclair came to mind as well: “It is difficult to get a man to understand something, … Read more

Robert Kyosaki: Who stole your pension? … Gerald Celente: 2020 new world disorder … Max Keiser: Central banks will push gold higher in 2020 …

BY JOHN RUBINO Robert Kyosaki: Who stole your pension? … Gerald Celente: 2020 new world disorder … Max Keiser: Central banks will push gold higher in 2020 … Peter Schiff: The US economy is the biggest bubble ever … Ted Butler: Gold and silver futures are behaving “in a way I’ve never seen before” … … Read more