Chinese corporate debt is the ‘biggest threat’ to the global economy, says Moody’s chief economist – CNBC

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Chinese corporate debt is the 'biggest threat' to the global economy, says Moody's chief economist – CNBC https://t.co/HhyYQMTIRB — Michael Ron Bowling (@mrbcyber) December 17, 2019 While corporate debt is a “fault line in the financial system and the broader economy,” Moody’s Chief Economist Mark Zandi flagged Chinese indebted companies as the “biggest threat.” A … Read more

Everything is priced in.

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by zsd99 Don’t even ask the question. The answer is yes, it’s priced in. Think Amazon will beat the next earnings? That’s already been priced in. You work at the drive thru for Mickey D’s and found out that the burgers are made of human meat? Priced in. You think insiders don’t already know that? … Read more

Are millennials a lost generation financially?

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Are millennials a lost generation financially? https://t.co/5kOPr06Pz0 pic.twitter.com/UK9JcAji4J — St. Louis Fed (@stlouisfed) December 17, 2019 Great Recession and Younger Families First, the Great Recession was devastating to many families, but younger families were hit harder and lost a larger share of their wealth than older families. To dive deeper, we looked at families grouped … Read more

May I point out that the previous times the Fed was forced to spike repurchase agreements where associated with market excess, crashes & recessions.

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https://twitter.com/NorthmanTrader/status/1206921566140940290 The Fed is printing money like it’s the depth of the GFC! It’s dealing with a repo liquidity crisis like 2008 but mystified as to the cause. The Fed's panic at this point in the economic cycle may hasten the unwinding of the imbalances it is so desperate to maintain. #GotGold? pic.twitter.com/oRQ7UfwwHW — Kevin … Read more

Americans Are Back To Using Their Home Prices As ATMs: Most Cash Pulled Out in 12 Years!

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by Jason Burack of Wall St For Main St Refinance lending has nearly doubled over the past three quarters, according to Black Knight. Cash-out refinances were up 24% since the last quarter of 2018 and made up 52% of all refinances. Homeowners withdrew a collective $36 billion in home equity, the highest amount in nearly 12 years. Commit … Read more

TRUMP WRITES letter TO PELOSI to “REGISTER HIS PROTEST OF IMPEACHMENT”!

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Trump sends letter to Pelosi registering his protest of impeachment pic.twitter.com/IEniQTGkkZ — Jordyn Phelps (@JordynPhelps) December 17, 2019 Jordyn Phelps @JordynPhelps Trump sends letter to Pelosi registering his protest of impeachment Trump tells Pelosi in blistering letter that Dems are ‘declaring open war on American Democracy’   That letter will go down in the historical … Read more

$1 Trillion Fed Money Flood as Global Economic Fallout Since 2018! Here’s Proof.

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The Fed will be printing $1 trillion in a very short period of time. This is absolutely historic and yet nobody is complaining. They’re actually cheering the monetary easing to occur. Make it happen to ensure everything stays afloat. This financial magic cannot persist forever. It must eventually revert to the mean. The higher up … Read more

REALCLEARINVESTIGATIONS: IG Report Undercuts Credibility of Impeachment Manager Nadler.

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via realclearinvestigations: Democratic Rep. Jerry Nadler, the House Judiciary Committee chairman who has drawn up articles of impeachment accusing President Trump of abusing his power, last year falsely accused a Trump campaign aide of being a Russian spy who helped Moscow interfere in the 2016 election — an accusation the Justice Department’s watchdog declared unfounded in … Read more

Small men can start big wars

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HMM: Is China Planning To Incite A “People’s War” To Dominate The South China Sea? Party leaders have regaled the populace with how they will use seagoing forces to right historical wrongs and win the nation nautical renown. They must now follow through. It was foolish to tie China’s national dignity and sovereignty to patently absurd … Read more

TRUMP makes A SUBTLE THREAT TO SCHIFF

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https://twitter.com/SethAbramson/status/1207025178045231110 Trump suggests Adam Schiff should face severe punishment for paraphrasing his Zelensky call during a hearing: "In Guatemala they handle things much tougher than that." pic.twitter.com/bUMrsKJpyv — Aaron Rupar (@atrupar) December 17, 2019   AC

Feds bust illegal streaming site that boasts more content than NETFLIX, AMAZON

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Two programmers pleaded guilty to copyright charges in association with two illegal streaming services, including one site that had more content than Netflix, Hulu and Amazon Prime, according to the Department of Justice. Darryl Julius Polo, 36, pleaded guilty last week to running Las Vegas–based streaming site iStreamItAll as well as working on the illegal streaming … Read more

EVERGREEN HEADLINE: CNN Beclowns Itself Yet Again.

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via powerlineblog: Yes, I know, CNN beclowns itself hourly, and as such is usually not worth noticing or commenting on, but sometimes they make it so easy that it becomes necessary as a reminder of their colossal ignorance and bias. Anchor Brian Stelter raised his eyebrow this morning that Supreme Court Justice Neil Gorsuch has appeared on … Read more

Looks like Virginia has introduced a bill that terminates employment of any officer that refuses to enforce gun control

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HOUSE BILL NO. 67Offered January 8, 2020Prefiled December 5, 2019A BILL to amend and reenact §§ 40.1-55 through 40.1-57.1 and 40.1-58.1 of the Code of Virginia, relating to strikes by certain government employees. ———-Patron– Carter———-Committee Referral Pending———-Be it enacted by the General Assembly of Virginia: 1. That §§ 40.1-55 through 40.1-57.1 and 40.1-58.1 of the Code of Virginia are amended and reenacted as follows: § 40.1-55. Public safety … Read more

BREAKING: FISA Court releases statement slamming FBI. This isn’t looking good for Comey!

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WOW Gotta’ be bad if CNN Headlines it like this FISA court slams FBI conduct in Carter Page surveillance warrant applications Washington (CNN) — The typically ultra-close-lipped Foreign Intelligence Surveillance Court slammed the FBI for mistakes it made in the Carter Page surveillance warrants and ordered the agency to detail how it will improve its … Read more