Gold in CNY ripe for another leg up. – PBOC easing at record debt levels as CPI approaches 4%;– Shrinking current account;– Worsening HK social unrest;– EM currencies selling off; All foreshadows further CNY devaluation. Call it the Chinese banking recap 2.0 pic.twitter.com/Q8BYy5qwQD — Otavio (Tavi) Costa (@TaviCosta) November 18, 2019
by UPFINA We know that stocks are rallying because of hopes for a cyclical recovery in 2020. However, it is still amazing to watch stocks continue to rally, even as they are overbought, while some Q4 GDP growth estimates fall below 1%. The S&P 500 is up 24.48% year to date as of Friday in part … Read more
https://twitter.com/hks55/status/1196460663700443138 https://twitter.com/hks55/status/1196477170446688257 https://twitter.com/hks55/status/1196544670878314496 https://twitter.com/hks55/status/1196465962721185794 Spec accounts are ULTRA-short VIX. No one fears the potential slowdown 2.0 in the service sector. #Complacency Story -> https://t.co/nmbf2PIfDZ pic.twitter.com/UQPooQBJJ6 — Andreas Steno Larsen (@AndreasSteno) November 18, 2019 The combined market cap of $AAPL and $MSFT now exceeds the entire Russell 2000 via @biancoresearch pic.twitter.com/RzpzNOcfJi — Andrew Thrasher, CMT … Read more
https://twitter.com/NorthmanTrader/status/1196542796343185409 The combined balance sheet of the Fed, ECB, PBOC and BOJ rose in October by the most since last December: @TheTerminal's Daybreak. Perhaps this is what's driving the melt-up in equities more than anything else…. pic.twitter.com/agGQCr4IXa — Lisa Abramowicz (@lisaabramowicz1) November 18, 2019 'Companies that make up the S&P 500 index had an average … Read more
https://www.youtube.com/watch?v=S5f29SPRG_I Virginia Kruta from The Daily Caller reports, Tucker Carlson criticized House Speaker Nancy Pelosi for constantly invoking religion while supporting abortion rights. Read More/Source/Credit/FairUse: https://dailycaller.com/2019/11/13/ch…
https://www.youtube.com/watch?v=Y_drPvPcIgE Joe Sauders from The Western Journal reports, The gloves are off. After one day of public hearings on the House “inquiry” into impeaching President Donald Trump, California Republican and House Minority Leader Kevin McCarthy took to the media on Capitol Hill on Thursday to level an explosive charge against Democrat Adam Schiff. Read More/Source/Credit/FairUse: … Read more
Civil Society Concerns Global 2.0 Inc. and a “Spontaneous, Indigenous Popular Uprising” is happening in Iran as we speak: Iran supreme leader warns ‘thugs’ amid gas price protests Quote:Iran’s supreme leader on Sunday backed the government’s decision to raise gasoline prices and called angry protesters who have been setting fire to public property over the … Read more
Solomon is a great journalist. John Solomon was approached by 2 intelligence officers at his home, telling him that spy gate was real and that FISA was used to spy on Trump.
#EmergingMarket debt hit a new record high of $71.4T in Q2 2019, up from $66.8T in Q2 2018. More analysis in the latest Global Debt Monitor: https://t.co/fX01vkFb5X pic.twitter.com/Sd997Gh2yH — IIF (@IIF) November 15, 2019 WATCH: Follow the increase of global #debt over two decades. Latest IIF Global Debt Monitor finds global debt has now surpassed … Read more
Trade deals are going great. Net exports of services now falling the most since the GFC & tech bust. It’s the only positive contributor to the trade balance. A toxic mix with ballooning government debt. Twin deficit at abysmal levels and we haven’t even had a recession yet. pic.twitter.com/69ui3xIKLn — Otavio (Tavi) Costa (@TaviCosta) November … Read more
Update (1120ET): Following the report that Trump and Powell discussed negative rates, among other things, the dollar has slumped to session lows, with the Bloomberg dollar index dipping below 1,200. Source: Bloomberg And in an amusing twist, CNBC’s Eamon Javers notes that this morning’s Fed meeting took place in the White House residence – the president’s … Read more
by Egon von Greyerz Ronald Stöferle of Incrementum & the “In Gold We Trust” report and Egon of Matterhorn Asset Management, discuss at the Precious Metals Summit in Munich, Germany, the massive risks of the world’s financial system. The two precious metal experts, share their view about how to deal with the profound downside threats … Read more
https://www.youtube.com/watch?v=veSIFHyK42Y&feature=youtu.be The Federal Reserve has given another $112 billion to Wall Street. Hardly a sign of a “thriving economy.” David Stockman, former budget director for President Ronald Reagan and author of “Peak Trump: The Undrainable Swamp and the Fantasy of MAGA” joins Rick Sanchez to share his insights. He argues the market “can’t digest” … Read more
by David Haggith That didn’t take long. I just published an article showing how the Fed had responded with a quarter of a trillion dollars to save the economy from what it claimed was a mere blip. Since then, the recession-causing Repocalypse I’ve warned of has roared around the world, forcing the Fed to amplify its … Read more
#ChartOfTheDay – November 18 CBOE Put/Call ratio complacency, at extremes. The trigger for $SPX to start a correction? Who knows…. pic.twitter.com/bhC1DMcRnz — Fernando Pertini (@DecodeMarkets) November 18, 2019 “Whether it should be considered QE4 or not, in the eyes of the market it's just semantics. Markets view any increase in the size of the Fed's … Read more
https://www.youtube.com/watch?v=9x8AIl1mf0A Sleeping Giants is a social media activist organization that seeks to remove ads from news sites that they don’t like. Nick Monroe and Jim Hoft from the Gateway Pundit claim that Twitter employees are using connections to help Sleeping Giants, and in response, they are filing a lawsuit against the Gateway Pundit. Sources: … Read more
by C Hamilton For a dozen plus years, the Census has incorrectly believed and projected that total US births were on the cusp of an upturn. The chart below shows actual total births and Census projections since ’00 through the most recent Census projection in 2017. Each projection was lower than the last but still … Read more
Josh Sigurdson talks with Kingsley Edwards of Flote.app about the mass exodus from California, New York, New Jersey and Illinois to places like Nevada, Texas, Florida and Arizona as the crippling debt completely impoverishes millions in the more highly taxed and centralized states. California’s actual debt is not known, but it’s thought to be … Read more
