#China bans ‘fake news’ created with AI, bots Failure to follow them could be considered a criminal offence, the Cyberspace Administration of China (CAC)https://t.co/jg8PX586Vq pic.twitter.com/WUl5boFHte — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) December 1, 2019
by confoundedinterest Another consequence of Central Banks pushing interest rates extremely low … and ever negative. (Bloomberg) — Investors plowing cash into private assets may recall the words of Wall Street legend Barton Biggs: There’s no asset class that too much money can’t spoil. One of the most fertile grounds for funds harvesting returns in a world of negative-yielding bonds … Read more
“I think there’s going to be a rotation into non-U.S. stocks — the dollar is going to be weak.”
Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast. Further evidence emerged Monday that ECB rules designed to alleviate the drag of negative rates on bank profitability are pushing deposits out of Germany into more cash-strapped areas. Data for the end of October shows the Bundesbank’s Target2 balance … Read more
#recession… China #Corporate $USD #Liquidity #Squeeze edition Every day it's another Shandong default:"Xiwang failed to pay a 1 billion Yuan loan on Wed… The latest bond failure triggered cross-default clauses on other bonds, including a 800 million Yuan bond due Thurs" https://t.co/aht79NCSWw — Invariant Perspective (@InvariantPersp1) December 2, 2019 #HK economy is expected to contract … Read more
CNBC’s Jim Cramer says he doesn’t think the stock market will drop in December as it did last year. December has historically been the strongest trading month of the year, but last year the S&P 500 dropped more than 9% after months of selling. This year, Cramer sees “green shoots” in Europe and expects markets … Read more
https://www.cnbc.com/2019/12/02/in-2019-almost-every-investment-worked.html The S&P 500 is up more than 25% and counting. Treasurys also soared in 2019. Oil, gold and corporate bonds all scored double-digit returns. Only 64 names in the S&P 500, or 12%, are in the red this year. All 11 S&P 500 sectors are ending the year with positive returns. “What a year … Read more
by dingodoyle The good folks at r/wsb found another infinite money glitch: https://www.reddit.com/r/wallstreetbets/comments/e4k0l7/robinhood_infinite_money_glitch_step_by_step/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Here’s an explanation of what is going on: https://www.reddit.com/r/wallstreetbets/comments/e4vatr/infinite_price_improvement_explained/?utm_source=share&utm_medium=ios_app&utm_name=iossmf The Robin Hood team posted a statement on r/wsb and promptly got banned: https://www.reddit.com/r/wallstreetbets/comments/e4r0sy/robinhood_statement_on_options_collateral_and/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
by SFWorkRedditaccount I stopped watching CNBC because of this guy. He interrupts people who are far smarter and successful than him, talks a lot and says nothing of substance. Watch him interrupt Warren Buffett in this interview (skip to 10:00) about not tweeting before going on the show: Is he trying to be funny? he … Read more
Mike & Half Dollar are your hosts for Silver Doctors Live. Watch the show live, or the replay of it, in its entirety below! Link to the Silver Doctors YouTube Channel if needed: https://www.youtube.com/silverdoctors By now, it should be obvious to all that it’s the end of Black Friday as we know it. This year, however, the mainstream media … Read more
So much for December 15th… President Donald Trump last week signed the Hong Kong Human Rights and Democracy Act, a bill which requires the State Department to ensure that Hong Kong’s “one country, two systems” agreement with China is upheld each year for the US government to continue to afford Hong Kong with a … Read more
In China ,If you complain about polices on social media, you will end up like this ! #Chinazi pic.twitter.com/56HCjRmZtU — Inty News (@__Inty__) November 29, 2019 This is the type of gov some lefties are begging for. AC
“Those who can make you believe absurdities can make you commit atrocities.” – Voltaire It isn’t about the climate h/t LSR
by Money Metals The presidential race will mesmerize Americans over the next 11 months. The country hasn’t been this polarized since the Civil War. Voters on the left desperately want a story which undermines support for President Trump. They are also searching for a candidate who can actually win. Many Republicans are outraged about the Deep … Read more
by Ron Paul The 50-year US war on drugs has been a total failure, with hundreds of billions of dollars flushed down the drain and our civil liberties whittled away fighting a war that cannot be won. The 20 year “war on terror” has likewise been a gigantic US government disaster: hundreds of billions wasted, civil … Read more
I was unhappily scrolling through Facebook the other day and saw that one of my smart friends had posted a dumb article about the excellent Toronto Raptors basketball player who, despite making nearly a hundred million dollars, still drives a 20-year-old beater SUV. He said of the car: “It runs … and it’s paid off.” … Read more
from Financial Survival Network Eric Wade is an Editor and Analyst with Stansberry Pacific Research… Fidelity has been granted a trust licence to offer trading and custody of bitcoin by the New York State Department of Financial Services, as the asset management group continues to woo cautious institutional investors into the “Wild West” of digital assets. The move … Read more
by Lance Roberts Every month, and quarter, economists, analysts, the media, and investors pour over a variety of mainstream economic indicators from GDP, to employment, to inflation to determine what the markets are likely to do next. While economic numbers like GDP, or the monthly non-farm payroll report, typically garner the headlines, the most useful … Read more
