Mr. Market Will Have the Last Laugh

by Bill Bonner BALTIMORE, MARYLAND – Stocks went nowhere yesterday. Congress and the White House didn’t get anywhere, either, in their attempts to resolve the shutdown impasse. With 10 inches of snow on the ground, nowhere seemed like the right place …

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US Judiciary runs out of funds Jan 18th Military tribunal replace courts 3 days later

All in time for National Popcorn Day! https://twitter.com/LadyQanuck/status/1085429184124604416?s=09 https://www.uscourts.gov/news/2019/01/07/judiciary-operating-limited-funds-during-shutdown From article: During the partial shutdown of the federal government, which began Dec. 22, 2018, the Judiciary has continued to operate by using court fee balances and other “no-year” funds. The …

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FITTON:GOV’T SEEKS TO STALL CLINTON EMAIL/BENGHAZI DISCOVERY– Cites Government “Shutdown”

by TFittonJW We are ready to begin, but DOJ/State asks for delay of court’s ruling (issued yesterday) authorizing discovery. Fox Coverage: https://www.foxnews.com/politics/judge-orders-susan-rice-ben-rhodes-to-answer-written-benghazi-questions-in-clinton-email-lawsuit Judicial Watch background: https://www.judicialwatch.org/press-room/press-releases/federal-court-orders-discovery-on-clinton-email-benghazi-scandal-top-obama-clinton-officials-susan-rice-and-ben-rhodes-to-respond-to-judicial-watch-questions-under-oath/ One minute vid: The Court ruling: https://www.judicialwatch.org/document-archive/jw-v-state-deposition-order-01242/ Vid discussion on the issue from the other day: …

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FITTON:BIG ARMS SCANDAL: ICYMI: Smoking gun docs show Obama/Clinton were aware arms going to Syria through Benghazi and were warned about rise of ISIS, and they were supporting terrorists in Syria. Obama/Clinton created Syria mess.

by TFittonJW Worth highlighting in light of the loss of American lives in Syria today: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-defense-state-department-documents-reveal-obama-administration-knew-that-al-qaeda-terrorists-had-planned-benghazi-attack-10-days-in-advance/ (Washington, DC) – Judicial Watch announced today that it obtained more than 100 pages of previously classified “Secret” documents from the Department of Defense (DOD)and the Department of State revealing that …

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Is The Junk Bond Sell-Off Over?

by Jesse Colombo In late-November, I warned that plunging oil prices and the bursting of a Fed-driven bubble in the shale energy industry would also cause a bust in high-yield or “junk” bonds (because the shale bubble is financed by high-yield bonds). …

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The distance between the S&P and high yield suggests the stock market starts the breakdown today

https://twitter.com/hks55/status/1085598670408552448 https://twitter.com/hks55/status/1085630001624403968 $GS Monthly #Update pic.twitter.com/SuA0fJXMvS — HiddenPivots (@HiddenPivots) January 16, 2019 https://twitter.com/hks55/status/1085565195366354944 The credit cycle looks something like this. We’ve basically been stuck in Phase 3 since 2015, though there was a mini rebellion in energy credit in early-2016. …

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What Can We Learn From A Shutdown?

by Danny Ratliff As we are now in to day 26 of the government shutdown, the 800,000 federal employees and contractors being used as political pawns go without their first paycheck. This whole ordeal, while unfortunate, is a great reminder …

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