by Martin Armstrong Christine Lagarde said back in August that the European Central Bank still had room to cut rates if needed. However, she added that this could pose a challenge to financial stability in Europe. More and more banks are passing on the negative interest rates to depositors and this is undermining the elderly … Read more
via frontpagemag: “The Epstein story didn’t kill itself,” Colin Kalmbacher of Law and Crime reported on Tuesday. In 2015, ABC had “an extensively-documented story on Epstein’s elite global pedophilia and sex-trafficking organization–including information that appeared to implicate a former U.S. president.” As Kalmbacher noted, ABC “decided to bury the story” declaring it “unfit to broadcast.” The story was … Read more
by Martin Armstrong QUESTION: As I understand you’re writings, the € is not a good currency to be in. I’m South African and stay in the Netherlands for 13 years now. I’ve been following you’re advice not to be in €’s and therefore I only have a house here that can be seen as a € … Read more
https://youtu.be/IQW5wd1eN5E Real interesting to see open talk of the deep state on mainstream media — if opposition media. Good foundational conversation with Ben Swann, Christopher Metzler, and George Szamuely.
https://banned.video/watch?id=5dc225b5fc577c0020c9fef5 h/t chkdg8
by Stephen Timm “The happiness and fulfillment of citizens and residents is important to us. This can only be achieved through promoting physical, psychological and social well-being. At the heart of our vision is a society in which all enjoy a good quality of life, a healthy lifestyle and an attractive living environment.” Riyadh Art, … Read more
JPMorgan’s Warning: Lower Equity Returns Are on the Way Nov.06 — Kerry Craig, global market strategist at JPMorgan Asset Management, talks about the outlook for corporate earnings and stock markets. He speaks with Haslinda Amin and Rishaad Salamat on “Bloomberg Markets: Asia.” Dimon says problems like the repo lending crunch could happen ‘increasingly if we’re … Read more
Blatant election interference. How is this legal? via freebeacon: Boosted by millions of dollars from outside groups, Virginia Democrats won control of both state legislative chambers on Tuesday, giving them full control of state government for the first time in 26 years. All 140 seats in Virginia’s General Assembly are up for grabs every two years, … Read more
BREAKING: @abcnews anchor @arobach caught on 'hot mic' in August disgustedly exposing networks decision to strategically spike bombshell investigation into Jefferey Esptein over THREE YEARS AGO. Says what she had was "unbelievable" #EpsteinCoverup: https://t.co/HagfLpwKDn pic.twitter.com/fPvJc3JCCQ — James O'Keefe (@JamesOKeefeIII) November 5, 2019
by chartr Thought this was interesting ahead of the bloodbath that the “Streaming Wars” promises to be. Netflix is spending more and more on content pretty much every quarter. Originally sent this chart as part of this newsletter. Source: Netflix Investor Relations Tool: Microsoft Excel
https://www.bloomberg.com/news/articles/2019-11-05/a-50-billion-fund-in-helsinki-is-dumping-europe-and-buying-u-s “For now, the U.S. economy is “structurally better composed,” Rytsola said in an interview. That’s why his listed equity portfolio has 41% in North America, up from 24% at the end of 2018. At the same time, Varma has slashed its listed European holdings to 11% from 19%. That excludes Finnish stocks, a less … Read more
Remember the SEC is trying to loosen ABS and private label MBS reporting restrictions; it’s about to get worse.#bonds #investing #investments #stocks #RealEstate — QuantContrarian🏚 (@QContrarian) November 5, 2019 🔥🔥Imagine your pension plan not just buying a single company in a desperate search for yield, but buying a company ALREADY two notches into junk. Pattern … Read more
by UPFINA Healthcare is the biggest sector in the S&P 500, so it drives the market’s performance to a certain extent. It could be affected by the 2020 election as all the Democratic presidential candidates want to overhaul the system somehow. The left wing candidates are in favor of Medicare for All, which is widely considered … Read more
Millennials are facing a shortfall compared to other generations when it comes to their paychecks. Overall, millennials earn 20% less than baby boomers did at the same stage of life, according to “The Emerging Millennial Wealth Gap,” a recent report from the nonprofit, nonpartisan think tank New America. Specifically, median earnings for those 18 to 34 are … Read more
via moneymaven: FRED, the St. Louis Fed data repository, has added 286 new indicators of uncertainty. FRED Expands World Uncertainty Index Data The St. Louis Fed announces FRED Expands World Uncertainty Index Data FRED has added 286 new indicators of uncertainty, expanding the World Uncertainty Index portion of the Economic Policy Uncertainty release with indexes for individual … Read more
I wonder when this becomes a systemic risk or when the SEC wakes up via Reddit: After realizing I only had a few thousand dollars to gamble, I decided why not try this new “glitch”. After seeing people on the almighty wallstreetbets, wager a timid 50k or so on average with this new feature available, … Read more
https://twitter.com/anilvohra69/status/1191950716748926982 India Eight Core Industries Growth – @SoberLook pic.twitter.com/F5fzrkpQOU — Rob Hager (@Rob_Hager) November 5, 2019 Where the car industry is going global economy to follow. Better beg for a reverse in 2 biggest economies that prop current growth to reverse : China and India. https://t.co/CHaXgGMxrS — GregTheAnalyst (@Analyst_G) November 6, 2019 Euro zone economy … Read more
Think about this for a moment. You need 7.5% per year to keep pace with redemptions. The market falls 10% & even though you manage well and only lose 5% on your 47% in equities, you still have a shortfall of about 10%! Oh yeah, & you're less than 55% funded when things turned. https://t.co/yvm3vkAs3e … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Yield Curve Spaghetti! It happened. Hallelujah. Or maybe better: Watch Out! The yield curve, after having been at least partially inverted all year, un-inverted today. The yield curve still kind of flat at the short end, but the middle-aged sag is gone, and the long end with maturities of seven years … Read more
https://www.youtube.com/watch?v=hkFtbfq9q7k The [DS] has walked right into the trap, the just set a precedent and the patriots are about to use it. Transcripts have been released from the secret hearings, what do they show, nothing. Project Veritas puts out another undercover piece showing the JE coverup. Trump is now joining Mexico to go after the … Read more