Moody’s: Germany Banking Outlook Changes to Negative from Stable

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Frankfurt am Main, November 21, 2019 — The outlook for Germany’s banking system has changed to negative from stable Moody’s expects the banks’ profitability and overall creditworthiness to weaken in a low interest rate environment The outlook for Germany’s banking system has changed to negative from stable as the profitability and overall creditworthiness of the … Read more

Institutional Inflow Spurring Growth in the Digital Asset Services Sector

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As institutions increasingly expand their portfolios into the digital asset markets, it seems that mergers and partnerships are on the rise. Existing players in the cryptocurrency space are seeking to broaden their appeal to institutional clients by increasing the scope of their offerings. The move marks a further shift of the cryptocurrency markets towards mirroring … Read more

The Fed Slaps Down Negative Interest Rates

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter A serious rejection in its first major discussion of negative interest rates recounted in the FOMC minutes. The minutes for the FOMC meeting on October 29-30, released today, shed some light on the laundry list of discussions arising out of the Fed’s current review of monetary policy strategy, where it tries … Read more

Fed Switches from Mid-Cycle “Adjustment” to Wait-and-See, Pending “Material Reassessment” of its Economic Outlook

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter My Fancy-Schmancy “Fed Hawk-o-Meter” The Fed has now moved into wait-and-see mode after cutting its policy rate for the third time in this cycle, this time to a range between 1.5% and 1.75%, while praising the “strong” labor market, which supports “strong” consumer spending, which is 70% of the economy. This … Read more

Global Collapse Incoming? The Total Breakdown Of Relations With China Could Throw Our Planet Into Utter Turmoil

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by Michael Snyder We just witnessed one of the most monumental events of the entire decade, and yet most Americans still don’t understand what has happened.  In recent months, the global economy and stock markets around the world have been buoyed by the hope that the U.S. and China would soon sign a new trade … Read more

The Red Horse Is “At The Edge Of The Precipice” As China Threatens The U.S. With “Revenge” For Siding With The Hong Kong Protesters

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by Michael Snyder A new “cold war” has officially begun, and it could potentially throw the entire world into a state of chaos.  As you will see below, China is warning the U.S. to “rein in the horse at the edge of the precipice” as the conflict between our two nations threatens to spiral out … Read more

Kim Foxx on Jussie Smollett Case: “Truth is, I didn’t Handle it Well” But Trump is the Problem – I Need Your Support for Re-Election

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Kim Foxx @KimFoxxforSA I ran for Cook County State’s Attorney four years ago because we needed to change criminal justice in our county. Today, I’m officially announcing that I’m running for re- election. We’ve gotten a lot done, and we can’t go back now. There are many options running against you in both parties. Your … Read more

DNC War Room: “This is a disgusting result of Trump’s family separation policies” *DELETES TWEET After Realizing it’s about OBAMA

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DNC War Room Verified account @DNCWarRoom This is a disgusting result of Trump’s family separation policies — pushed by Stephen Miller who has cited white nationalist propaganda in promoting his views. It’s also, apparently, a violation of a U.N. treaty, the Convention on the Rights of the Child. https://twitter.com/dncwarroom/status/1196493278973181952 (Tweet above is archived.) https://twitter.com/RealSaavedra/status/1196959822186287105 Ryan … Read more

Larry Elder goes into the details about why ABC with-held the story about Epstein for 3 whole years

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ABC is disgusting for this, they literally ignored it and brushed it off https://www.youtube.com/watch?v=-MwTlptkkzY House Minority Leader Kevin McCarthy is demanding answers from ABC as to why it killed the Jeffrey Epstein story. While ABC has no legal requirement to run the story, did the company break the law by not reporting possible child sex … Read more

Absurdity Spewed From Market Peaks: “Investors Should Check Their Brains At The Door”

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Authored by Michael Lebowitz and Jack Scott via RealInvestmentAdvice.com, A recent article by James Deporre at thestreet.com asked Will Powell’s Remarks Push the Algos to Make a Move? Deporre’s article is a recap of a day’s market events beginning with Jerome Powell’s recent testimony to Congress. He suggests that what matters are not Powell’s words, but whether computerized … Read more

Attempt to Reduce National Debt May Cut into Your Social Security

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Photo by Flickr.com | CC BY | Photoshopped From Birch Gold Group There is no question that U.S. debt has reached unimaginable levels. There is also no question that Social Securityis in trouble. But new trouble could arise for both if the latest government meddling doesn’t pay off. For example, a new proposal to “fix” Social Security is already drawing criticism, as one part raises the … Read more