Uh, is it September 2008 again?

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

Consumers Plan For Record Holiday Spending

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 Earn 20% Less Than Baby Boomers Did

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

FRED, the St. Louis Fed data repository, has added 286 new indicators of uncertainty.

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

China has been limping. Now India is too. US growth is slowing. Unlike recent past recessions, this won’t be a US recession exported to the world but a global recession that hits the US.

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

Yield Curve Un-Inverts, 10-Year Yield Spikes, Middle-Age Sag Disappears

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

[DS] Walked Right Into The Trap,Precedent Was Established,Epstein Coverup

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

We Haven’t Seen A Manufacturing Slowdown Like This Since The Last Financial Crisis

by Michael Snyder This isn’t what was supposed to happen.  According to the economic optimists, there was going to be a great “manufacturing renaissance” as America entered a wonderful new golden age of boundless prosperity.  But of course that is not what has happened.  Manufacturing activity has been declining for the past three months, and … Read more

Keith Weiner: All Of The Central Bank’s Policy Tools Amount To Manipulating Interest Rates

by Keith Weiner of Monetary-Metals Not too long ago, we wrote about the so called Modern Monetary so called Theory (MMT). It is not modern, and it is not a theory. We called it a cargo cult. You’d think that everyone would know that donning fake headphones made of coconut shells, and waving tiki torches will not summon airplanes … Read more

FBI & LAW ENFORCEMENT WILL ONLY PROTECT THE RULING CLASS

by Mac Slavo of SHTFplan Left-wing groups are finally figuring out that the FBI and law enforcement are not protecting them any more than they protect right-wing groups.  That’s because the FBI serves the ruling class.  Is the left finally catching on to scam that is the government? One group is complaining that the FBI is disproportionately targeting … Read more

Warning: Credit Delinquencies To Skyrocket In Q4

by Chris Vermeulen of The Technical Traders Farm delinquencies skyrocket +24% year over year as global trade issues and the ability to service credit continues to be a problem.  This is a tell-tale sign that the US Fed decreased the Prime Rate recently as a result of broader credit issues related to higher interest rates for corporate and … Read more