‘Thin-Air Credit’ Spikes in the Fourth Quarter

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by FS As discussed with Macro Watch’s Richard Duncan on our podcast this week (see The Most Extraordinary Monetary Policy U-Turn In History), credit growth has moved sharply higher following the repo crisis in September. The Fed is now injecting hundreds of billions of dollars into the financial system and expanding their balance sheet at the fastest … Read more

Prins: The Fed Is On High Alert

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Authored by Nomi Prins via The Daily Reckoning, It’s hard to believe the end of the year is upon us and 2020 is right around the corner. In many ways, it went by very quickly. For economies and markets, it was a year marked by uncertainty over economic slowdowns, trade wars and a complete pivot … Read more

Here it is – the IG Report.

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https://www.justice.gov/storage/120919-examination.pdf It’s 476 pages! Link to PDF just released on justice.gov No more speculating, let’s dig in and find out what real “conspiracies” are occuring/have occurred. Please post any interesting finds in the comments! Let’s do this! Page 196-FBI lies about corroborating Steele dossier info FBI ignores glaring issues with dossier’s credibility AG Barr’s statement Page … Read more

Three of the biggest hedge funds use repo to leverage up in the markets and yet we are told by the Fed that actions to add liquidity to repo markets doesn’t not boost markets.

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For more- https://t.co/Ci4TLhaHHl — Michael Lebowitz, CFA (@michaellebowitz) December 9, 2019 Repo Blowup Was Fueled by Big Banks and Hedge Funds, BIS Says The September mayhem in the U.S. repo market suggests there’s a structural problem in this vital corner of finance and the incident wasn’t just a temporary hiccup, according to a new analysis … Read more

Schism in beliefs: Grounds for a civil war

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by SP I hear strident words from many sides on many subjects.  The subjects vary, but the same stridency is heard. One is the impeachment process. Another is citizen gun ownership. Democrats won the Virginia governors race and control the legislature.  They dove into efforts to tighten gun control with a passion.  This of course, elicited … Read more

The 8th Largest Snow Storm to Hit North America

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by Martin Armstrong Seven counties in New York State have been buried in snow as their regions are declared snow emergencies. Albany even had to tow some 240 cars since declaring the emergency. This has been the biggest snow storm on record this early in the season, and it turned out to be the eight largest snow … Read more

Pro-War NED Funded “Bellingcat” Smears Anti-War Journalists – Jimmy Dore Show

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Jimmy Dore discusses how the NED/Atlantic Council funded Bellingcat organization founder Eliot Higgins has been smearing anti-war voices and claiming that anti-war voices are Russian assets and Assad apologists (Orwellian speak). Dore corrects the record and points out the funding and so-called credentials (hypocrisy) of Bellingcat and deception related to their actual mission of providing … Read more

Repo Madness Update: New BIS Report Out Today, Jim Bianco Predicts $500 Billion/Day Repo in 2 Weeks?

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And now CNBC is copying my “Repo Madness” phrase! Jim Bianco Tweet from today, Sunday, December 8th, 2019 about how #RepoMadness will be up to $500 billion dollars per day (or more) in 2 weeks: https://twitter.com/biancoresearch/st… New Jim Bianco article Repo Madness on Marktwatch: The repo market is ‘broken’ and Fed injections are not a … Read more

Least-Educated State: California No. 1 in Percentage of Residents 25 and Older Who Never Finished 9th Grade; No. 50 in High School Graduates

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(CNSNews.com) – California ranks No. 1 among the 50 states for the percentage of its residents 25 and older who have never completed ninth grade and 50th for the percentage who have graduated from high school, according to new data from the Census Bureau. Texas ranks No. 2 for the percentage of its residents 25 and … Read more

The United States of America is under ATTACK!

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by TM Let’s get right to the heart of the matter. The United States of America is under ATTACK! And has been since this Great Nation was founded. The attacks are endless, and only vary in form and shape. The planned, coordinated ,destruction of the American Family is a key component to the weakening and … Read more

THE HORRORS OF THE TRUMP ECONOMY:

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The U.S. Furniture Industry Is Back—but There Aren’t Enough Workers. Here’s the good news: There are now more reasons to make furniture in the U.S. than at any point since the financial crisis. Crate & Barrel and Williams-Sonoma Inc. are expanding manufacturing in the U.S., and the factories of longtime furniture makers are humming. Here’s … Read more

Forget The Hype, Aramco Shares May be Valued At Zero Next Year

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By Simon Watkins This week will see the onset of full trading activity in the shares of Saudi Arabia’s flagship oil company, Aramco. Through a combination of wooing local retail investors via preferential loans, threatening wealthy Saudis with the sort of treatment they had during their imprisonment in the Ritz Carlton in 2017, and inveigling the two … Read more