AFP and other Media outlets outright delete story about 100,000+ migrant children being detained in the U.S once they realize the dates are tied to previous Administration

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Reuters, AFP withdraw stories on UN Study on child detentions. In their mea culpa, Reuters notes, “A Nov. 18 story headlined ‘U.S. has world’s highest rate of children in detention -U.N. study’ is withdrawn. The United Nations issued a statement on Nov. 19 saying the number was not current but was for the year 2015. … Read more

More Israeli airstrikes on Damascus

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#BREAKING: Explosions heard in Damascus rifht now — Waël (@AiWaelBot) November 19, 2019 https://twitter.com/Syrian_MC/status/1196946015481401345?s=09 Syrian Reports: 6 Israeli fighter jets attacked Damascus in two rounds. 18 missiles fired by Israel and 11 successfully intercepted by A/D. #Israel #Iran #Syria — Aurora Intel (@AuroraIntel) November 20, 2019   h/t Builder

FBI Arrests Epstein Guards In “Criminal Enterprise” Investigation, Media Tries To COVER IT UP Again

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FBI Arrests Epstein Guards In “Criminal Enterprise” Investigation, Media Tries To COVER IT UP Again. The two guards tasked with guarding Jeffery Epstein at the NY MCC have been arrested and indicted on charges of falsifying records and conspiracy. The FBI has said they are currently investigating a “criminal enterprise” surrounding the issue of Epstein. … Read more

Fannie Mae Takes Lead In Mortgage Risk Taking

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by confoundedinterest Mortgage giant Fannie Mae recently released their Q3 2018 loan acquisition data base. And it revealed that Fannie Mae is seeing a spike in risk-taking. First, the average credit (FICO) score. Both Fannie Mae and Freddie Mac are taking on less risk than before 2008 and are moving together. But in terms of … Read more

Many Americans Over 65 Face Economic Insecurity, Even If They’re Healthy

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(Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast. The majority of Americans living alone are at risk of not being able to pay for basic needs. That’s according to new estimates of financial insecurity among Americans 65 and older from the … Read more

The Unwind of the Fed Balance-Sheet Unwind May Be Buoying Stocks

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by confoundedinterest May be? How about definitely, along with improved expectations for economic growth. (Bloomberg) — The Federal Reserve says that its Treasury-bill buying program isn’t the same as quantitative easing. But the advance in U.S. equity prices alongside the central bank’s growing balance sheet suggests to some that the effects may not be wildly different. The central bank, driven … Read more

Home Depot cuts 2019 forecast after sales miss

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Home Depot shares tumbled Tuesday after the company once again cut its 2019 forecast, and also reported same-store sales well below estimates. The company said revenue, which also missed analysts’ targets, was hurt by investments it is making in its business. Earnings came in a penny better than expected. Shares of Home Depot were down … Read more

Illinois doctors are recorded plotting to use policy loophole to seize newborns of parents who refused vitamin K shots and inject them by flagging their families for ‘medical neglect’

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Vitamin K shots have been recommended at birth to prevent a rare but life-threatening blood clotting problem since the 1960s  Illinois officials once considered the shots ‘medically necessary’  Parents could sign informed-consent refusal forms but doctors had to report the refusal to the Department of Children and Family Services until 2018  According to a lawsuit filed … Read more

HELL FROZE OVER! BERNIE SANDERS SAYS TRUMP IS RIGHT!

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#BREAKING: Leaked video shows Bernie Sanders making Trumpian attacks on dedicated public servant & former Goldman Sachs/Citigroup Chairman Robert Rubin. Is this the final straw for Sanders’ failing campaign? Should he drop out? https://t.co/xctLYLSifJ — MSDNC (@MSDNCNews) November 19, 2019 Another one. https://www.c-span.org/video/?c4543943/user-clip-bernie-sanders-wages-income-inequality

Optimism Prevails Despite Near Recessionary Data

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by UPFINA The recent action in markets and the projections from investment banks show there is complacency about the expected economic growth acceleration in 2020. It has become a mainstream thesis as prognosticators have followed the price action. In theory, they are supposed to predict markets, but that’s difficult. Many have played catch-up in the past … Read more

Is the Fed Monetizing Debt with the Repo Market? Or is this the Mother of All Financial Crises?

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by Martin Armstrong QUESTION: There are people claiming that Fed cannot buy directly from the Treasury and they are buying the same day issue in this Repo Crisis so that means they are monetizing the debt because foreigners are fleeing us Debt. This seems to lack any real substance and is nothing but opinion once again. … Read more

The mad world of negative interest-rates is on the march

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by Shaun Richards Yesterday as is his want the President of the United States Donald Trump focused attention on one of our credit crunch themes. Just finished a very good & cordial meeting at the White House with Jay Powell of the Federal Reserve. Everything was discussed including interest rates, negative interest, low inflation, easing, Dollar strength & … Read more