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

QE v Managing Benchmark Rates

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by Martin Armstrong QUESTION: The Fed buying $60 billion in T-Bills each month is obviously not long-term QE. They are expanding their balance sheet, but this is clearly not the QE as before. As a professional institution we can see the difference. Would you elaborate on the difference? FH ANSWER: The Fed is buying $60 billion of Treasury bills … Read more

Joe Biden Becomes Unwitting Grandparent Again – DNA Paternity Test Confirms Hunter Biden Father to Arkansas Baby “Roberts”.

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by sundance After trying to deny he had a relationship with a woman in Arkansas, and after a DNA test proves paternity, lawyers for Hunter Biden will no longer fight Arkansas lawsuit.  Hunter Biden is the father, and presidential candidate Joe Biden is a grandfather again. ARKANSAS – DNA testing has established, “with scientific certainty,” that Hunter … Read more

President Trump just flipped the 11th circuit (AL, FL, GA) to majority Republican appointed judges with the confirmation of Barbara Lagoa.

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🚨 BREAKING >> President Trump just flipped the 11th circuit to majority Republican appointed judges with the confirmation of Barbara Lagoa. — The Article III Project (A3P) (@Article3Project) November 20, 2019 https://www.floridasupremecourt.org/Justices/Justice-Barbara-Lagoa This right here is exactly why the President is constantly tweeting about impeachment. I makes everyone focus on something that will never happen. … Read more