When everyone is deemed too systemically important to be allowed to fail: Former Fed Chair Ben Bernanke, the primary architect of the current Fed-debt debacle, is arguing the Fed doesn’t have enough power to lend to shadow banks and other …
Economy & Markets – Facebook, Released on 11/9/18 With real estate starting to crack in Australia, Harry Dent returns for his latest tour earlier than expected. Declining numbers across the country is a very big deal for several reasons which …
by John Coumarianos We’ve all been conditioned to think the balanced portfolio is a touchstone of investing. For many investors, it provides enough exposure to the stock market (60%) to produce a healthy return and enough exposure to the bond …
via Jeremiah Johnson: Ready Nutrition readers, this piece stresses the importance of finding drinking vessels that will not leach chemicals out of their very walls and poison you. Yeah! Sounds problematic, doesn’t it? Well, it is. BPAs (Bisphenol-A, a chemical used in plastics …
$DXY hitting new 52 week high…can you hear it 👂…liquidity is leaving the system…😳 pic.twitter.com/cyRCLmWTEC — Edward Dowd (@DowdEdward) November 12, 2018 Chart: The fed funds rate is nearing the interest rate on excess reserves (IOER) – pic.twitter.com/UU7A1ooTCu — (((The …
by Michael Snyder It is really happening. At one time, the idea that large numbers of people would willingly allow themselves to have microchips implanted into their hands seemed a bit crazy, but now it has become a reality. Thousands …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Despite intense public pressure from President Trump, the Fed is getting increasingly hawkish on interest rates and the QE unwind. But in another, even more important area, the Fed has totally caved. Has the Fed made …
by Michael Snyder California has been absolutely devastated by horrific wildfires in recent years, but the state has never seen anything quite like this. At this moment, three major wildfires are raging, and the Camp Fire in Butte County is …
by Daisy Luther The news outlets are making much ado over the fact that a list of celebrities had to evacuate their homes in Malibu due to a wildfire and that some of those homes are lost. But fires are …
by Shaun Richards This morning brings us back to what has been a regular topic in 2018 which has been the US Dollar. Let’s look at it from the perspective of the sub-continent. The rupee weakened further and dipped by …
by Adam Hamilton of Zeal LLC The widely-held mega-cap stocks that dominate the US markets are just wrapping up another blockbuster earnings season. Sales and profits soared largely due to Republicans’ massive corporate tax cuts. Still these lofty stock markets are vulnerable to …
by Nomi Prins via Daily Reckoning This midterm election season seems like it lasted forever. There was certainly no shortage of ads, media dissections of every sound bite they could get their hands on and more than enough negativity to go around. We …
by Martin Armstrong Italy is arguing that it will retain its budget and refers to how both France and Germany exceeded their budgets and the Commission disregard the Maastricht treaty rules in the case of both countries. In the budget …
by Martin Armstrong In Germany, the SPD is now pushing for a revolution in Europe for all member states to surrender their sovereignty to Brussels. They are arguing to federalize Europe and thereby create an integrated Europe of one government. …
by Jon Hall, Free Market Shooter In May of this year, Netflix announced that Barack Obama, along with his wife Michelle, had struck a multi-year deal with the company to produce “films and services” for their streaming service. Notably, alongside the announcement, the …
Brenda Snipes’ office mixed bad provisional ballots with good ones… Broward’s elections supervisor accidentally mixed more than a dozen rejected ballots with nearly 200 valid ones, a circumstance that is unlikely to help Brenda Snipes push back against Republican allegations …
by Hollywood Rob Yeah sure it’s long. But you know what, these guys are discussing what you will be seeing here in very short order. https://youtu.be/obvOCp-4QZY
Via Crime Research Twelve people were murdered and 18 injured at a bar in Ventura County last week. Our hearts go out to those who lost loved family members or friends in the attack. We can’t imagine what is going …
House Democrats plan to investigate whether President Trump abused White House power by targeting — and trying to punish with “instruments of state power” — the Washington Post and CNN, incoming House intelligence committee chairman Adam Schiff said in an …
Make up your own mind this is only 12 minutes or so. The second half of this important update may shock some of you to your core. The “camp fire” in California, like the Sebastopoll and Santa Rosa wildfires that …
via thefreethoughtproject: The owners of a Facebook page dedicated to helping suicidal veterans cope with combat stress claim that their page was mysteriously deleted by Facebook with no explanation. The closure is one of the latest from the company, which has …
via Zerohedge: Stocks reversed earlier gains, turning lower in Europe as U.S. futures pared as many as 20 points of upside in overnight trading before turning lower on Monday, following a mixed session across most of Asia as investors weighed …
by DCG You cannot make this up. Seattle has had a homeless crisis for over three years. They allow the homeless to urinate and defecate in public. Homeless are allowed to shoot up drugs openly on city streets. Crime is rampant …
by Charles Hugh-Smith Isn’t it obvious that repeating the policies of 2009 won’t be enough to save the system from a long-delayed reset? 2019 is shaping up to be the year in which all the policies that worked in the …
Authored by Sven Henrich via NorthmanTrader.com, There are a lot of people expressing certainty about the rest of the year. For most the next move is higher as they are expecting a massive seasonality based rally especially if the Fed …
by John Rubino Doug Casey: “We’re headed for a catastrophe of genuinely historic proportions … including a civil war” … Peter Schiff: “Blue wave averted, larger deficits coming” … Mike Maloney: “One hell of a crisis coming” … Stefan Molyneux: …
by youtubehead Everyone here is so focused on the US. But what’s happening in China is really concerning. Recently, a major property developer had to go out to the debt market and pay 13% yield. Wynn stated the high rollers …
https://www.youtube.com/watch?v=k00GZ221_No Bill Nelson’s Campaign Lawyer Predicts a Hand Recount, and a Victory https://www.rollcall.com/news/politic… The Democratic Party’s premier election lawyer predicts that the Florida Senate race is heading for a hand recount, and he said Thursday that he thinks Sen. Bill Nelson may in fact …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter In 2018, “each month has brought weaker than normal sales, rising inventory, and continued downward pressure on prices” in Vancouver, British Columbia, writes Steve Saretsky, a Vancouver Realtor and publisher of real-estate blog, Vancity Condo Guide. The …
Authored by Andrew Moran via LibertyNation.com, The eurozone could not borrow from the momentum of the U.S. economy in the third quarter as economic growth slumped to a tepid 0.2%, the slowest rate in more than four years. With the 19-nation …