Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The Fed opened the vault in September. But others bought too. The US Gross National Debt has jumped by $1.28 trillion as of today, compared to 12 months ago, to $23.04 trillion. And these are the good times. The economy is rocking and rolling, we’re told. How will this debt balloon … Read more
by Charles Hugh-Smith All the status quo “fixes” only hasten the collapse of the status quo. That economic, social and political conflict is accelerating is self-evident.What’s open to debate are the core drivers of conflict / disorder /unraveling. Here’s the core self-reinforcing dynamic in my view: 1. The status quo elites can no longer mask … Read more
by Michael Snyder On Saturday, President Trump made an unscheduled visit to Walter Reed Hospital. According to White House Press Secretary Stephanie Grisham, Trump went through “a routine checkup as part of his annual physical”, and after about two hours he departed. If it was anyone else, this wouldn’t even be news. But when it comes … Read more
by Michael Snyder The American people have wasted the last three years. If you don’t know what I am talking about, stick with me, because you will definitely get my point by the end of this article. Three years ago, Donald Trump beat Hillary Clinton in one of the greatest election upsets in American history. Many … Read more
https://twitter.com/thesharpedge1/status/1196477094701649922?s=21 Link to a the letter to the court: https://www.documentcloud.org/documents/6551830-Maxwell-11-18-19.html h/t KB
by Amy S. The polar vortex is headed toward the US, expected to bring record-breaking cold to the Northeast, upper Midwest, and Great Lakes by this week. It’s so cold that it could give people frostbite in just 5 minutes. Each year, a pocket of frigid air — the polar vortex — forms over the Arctic, … Read more
by The Phoenix Stocks touched 3,100 last week and then gapped even higher into the low 3100s. We’ve now broken the bullish channel that has outlined most of the 2019’s price action (blue lines in the chart below). And while the odds continue to favor a pullback in the near future (possibly to support at the … Read more
by AllAboutTheSPY Baba will go well over 210 by year end (say thank you to HK!) 1) HK listing and its pricing a) The retail part of the offering offering (12.5 million shares plus another 50 million if needed) is set as the lower of the closing price this Tuesday in the US exchange or the … Read more
by Jim Willie CB The US-based bond market is in tragic condition. All the bonds in US financial markets reek of rigged prices and inflated values. It is not a single bond sector, but rather all bond sectors that are in deep trouble, against a background of multi-year economic recession. The USTreasury Bonds, given the … Read more
by joeyrb Here’s a TLDR for those who don’t want to sit through the video. What is VIX and how is it calculated? Simply put, VIX uses 23-37 day SPX options to get an annualized, implied 1 standard deviation move (68%) in SPX. For example, if VIX is 15, then VIX is implying a 68% … Read more
WeWork is preparing to cut at least 4,000 jobs in a bid to achieve financial stability and those layoffs could be announced as early as this week, the New York Times reported. As many as 6,000 employees could ultimately be laid off, one person told the Times. In a memo to employees, WeWork Chairman Marcelo … Read more
by ScotchBrandyBourbon I’m not some type of uber investor. But here are some lessons I’ve learned. Don’t try to time the market. You will lose much more then you win. Stick with great companies. Don’t be afraid to ride winners. Many times the best thing to do is nothing. Don’t be afraid of being highly … Read more
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
