via thetruthseeker: Los Angeles’ head of homelessness is resigning after presiding over a 33% increase in homelessness over the course of just five years. Peter Lynn, head of the Los Angeles Homeless Service Authority, announced that he would leave at the end of the year, with the LAHSA having splashed out a total of more than … Read more
Jonathan Turley, professor at George Washington University Law School, delivers his opening statement at the House Judiciary Committee’s public impeachment hearing. #FoxNews AC
https://twitter.com/RobMeyer9/status/1202651571663687680 "Algos: Thresholds at 3,100 for the S&P500, 1.90% for 10yr UST yields; If CTAs move to "sell everything", it could prompt risk-parity funds to deleverage."-Nomura — Mako Management (@mako_management) December 5, 2019
The Fed Is Easing, But Why Is The PBoC Not… Yet? check out our deep report on PBOC China's economic policies ask act@liquidity.com pic.twitter.com/i2PMWtUtw6 — CrossBorder Capital/ GLIndexes (@crossbordercap) December 5, 2019
by FossilizedUsername I’m trying to rent an apartment for the upcoming year and encountered a craigslist scam that is slightly more ambitious than the typical “take your deposit and run” variety. Here is the body of the email: This is to acknowledge the receipt of your completed application form for [the relevant address]. The … Read more
by ScotchBrandyBourbon They are pricing it at $1.7 trillion. But this is a super inflated number. They are only selling 1.5% of the company. If they had to sell 30-40% of the company the price would be much lower. They couldn’t even get a decent offer from USA/Euro investors. This IPO is 100% domestic/regional. … Read more
https://thehill.com/homenews/administrat…-house?amp President Trump said Thursday that if House Democrats are going to impeach him they should do it “now” and “fast” so he can have a “fair” trial in the Republican-controlled Senate. In a series of tweets, Trump also said he wanted House Speaker Nancy Pelosi (D-Calif.), House Intelligence Committee Chairman Adam Schiff (D-Calif.) and … Read more
https://www.youtube.com/watch?v=oxtz3DoxxRk Shocking video about the economic collapse of Germany and Deutsche Bank Collapse! Germany’s economic indicators across the board are shrinking. And with Merkel masking a massive tax raise as a political cave to the rising Greens party, the future for Germany’s economic growth looks terrible. Germany is a Dead Economy Walking. The implosion … Read more
Do you think that the stock market would crash overnight if the Fed said no more QE, and reduction of the balance is coming? If so, what does that tell us about the underlying issues? If the central banks intervene in the markets, the expectation is that this is forever. There was never any indication … Read more
Check out what Soviet defector Yuri Besminov said about brainwashing a nation. The millenial generation and the current one,, It’s OVER DONE at this point. That interview was in 1983 and he said it was too late then. Just imagine how many generations have indoctrinated by the American Public Schools and American universities. Truly … Read more
By Wolf Richter for WOLF STREET. The total amount of repurchase agreements (“repos”) on the Fed’s balance sheet as of December 4, released today, declined over the past month to $209 billion, from $215 billion a month ago. These repos included: $70 billion in overnight repos, issued on Wednesday morning that unwound today; all prior overnight repos had already unwound. … Read more
Authored by Nick Cunningham via OilPrice.com, The financial struggles of the U.S. shale industry are becoming increasingly hard to ignore, but drillers in Appalachia are in particularly bad shape. The Permian has recently seen job losses, and for the first time since 2016, the hottest shale basin in the world has seen job growth lag the broader Texas … Read more
Authored by Mac Slavo via SHTFplan.com, Twitter has written “shadow banning” aka, censorship, into their new terms. The platform will nowintentionally “limit the visibility” of some users. Expect those who dissent from the official narrative to be the ones censored. Critics have accused Twitter of censorship for quite some time now. But this time, it’s official. The company has admitted … Read more
by visualcapitalist From a young age, many of us were taught that sharing is caring. Many countries have also followed this simple principle, in the interest of growth and prosperity, when doing business on a global scale. Today’s infographic from HowMuch.net charts the top imports and exports between the U.S. and China, pulled from the Observatory of Economic … Read more
Authored by Pater Tenebrarum via Acting-Man.com, Credit Market Bifurcation By all accounts, credit markets remain on fire. 2019 is already a record year for corporate bond issuance, beating the previous record set in 2017 by a sizable margin. Demand for the debt of governments and government-related issuers remains extremely strong as well, despite non-existent and often … Read more
https://twitter.com/ByronYork/status/1202576952172929026?fbclid=IwAR0RObnGZpTDMmU89tekCC4nSuK5QfNTW88KpFUutqibCj7kaSWsF-6aVi0 Kate Hyde: “This [impeachment] hearing makes me feel like I’m just watching the NYTimes Opinion section yelling at me”. COCAINE MITCH, ROGUE SENATE LEADER: ‘Is she trying to make him sound cool?’ Nancy Pelosi takes a new shot at Mitch McConnell: ‘Rogue Leader? With Star Wars coming in two weeks? there’s no way Cocaine Mitch … Read more
https://www.youtube.com/watch?v=Um0VYai5qKc Ride-hailing company Uber is working on a loan program for its drivers. Investigative journalist Ben Swann weighs on. He points out that Uber’s reputation for mistreating its contractors makes it difficult to trust it to engage in pay day loans, which risk transforming its drivers into debt slaves.
by Dave Kranzler of Investment Research Dynamics “The Fed first tried to justify the loans by saying they were a short-term measure to stem a liquidity crisis. But the so-called “liquidity crisis” has not prevented the stock market from setting new highs since the loan operations began on September 17. And the short-term operation has been running every … Read more
