Redemptions Rip Through UK Equity Funds as Fallout from Woodford Collapse Grows

by

In funds with a liquidity mismatch, the First-Mover Advantage is huge, as Woodford’s investors found out. By Nick Corbishley, for WOLF STREET: On Oct 15., it was announced that Neil Woodford’s flagship Equity Income fund (WEI), which has blocked redemptions since June, would be closed for good. And signs are emerging that the problems that bedeviled WEI may … Read more

FITTON: Katie Hill resigned. Why is Ilhan Omar being protected?

by

by TFittonJW COVER-UP? More than enough evidence to open up a criminal investigation into Ilhan Omar marriage scandal. And House Ethics Committee needs to act! https://youtu.be/Fak6PsSOFMI Per usual, Judicial Watch with the heavy lifting: https://www.judicialwatch.org/press-releases/judicial-watch-requests-ethics-investigation-of-whether-rep-ilhan-omar-improperly-used-campaign-funds/ https://www.judicialwatch.org/press-releases/judicial-watch-files-house-ethics-complaint-against-rep-ilhan-omar-over-potential-immigration-marriage-tax-and-student-loan-fraud/  

RUSH: There’s not a one of them in that list of 23 that excites enough people.

by

via rushlimbaugh: RUSH: Trump was praising today the value of people’s 401(k)s, the stock market at an all-time high, economic activity shooting through the roof. On the Democrat side, “Growing Uncertainty Looms Over the Democrat 2020 Primary.” Growing uncertainty? There’s nothing growing about it. The uncertainty has been there since day one. There’s not a one … Read more

While Russiagate Was Fake, Spygate Is Real, and Horowitz Is About to Prove It

by

https://www.youtube.com/watch?v=u7OT-f3b2w8 Department of Justice Inspector General Michael Horowitz turned in his report into potential FISA abuses to Attorney General William Barr almost four weeks ago. During this time, nothing has leaked, which is quite telling in itself. If there was anything that could be leaked from this report that would mitigate the coming fallout, we’d … Read more

The [CB] Just Realized They Have No Way Out Of This

by

https://www.youtube.com/watch?v=F7T_zWepvwc The elite are starting to realize that the BREXIT is not going the way they want, they are trying to delay, they do not want a vote, why because they know they don’t have a chance of winning. The US economy is doing better than ever statistically, Trump and the patriots are ready to … Read more

Physicists Propose New Method to Detect Traversable Wormholes

by

Very Cool. I hope they discover some near by! “ a duo of theoretical physicists from Case Western Reserve University, the University at Buffalo College of Arts and Sciences and Yangzhou University described a technique for detecting traversable wormholes — theoretical portals through space-time that could create shortcuts for long journeys across the Universe. If … Read more

Margin Debt Is Declining. Are The Bulls In The Clear?

by

by Lance Roberts In a recent weekly newsletter (Subscribe for free e-delivery), I discussed the rather dramatic decline of short-interest in the S&P 500 which suggests a high degree of complacency by investors. As Wolf Richter recently noted: “Of the total shares outstanding of the SPDR S&P 500 ETF, only 2.6% were out on loan to short-sellers this … Read more

Three things you didn’t know about the crash of 1929

by

by Simon Black October 28, 1929– 90 years ago today– is known as ‘Black Monday’ in financial circles. The US stock market had peaked the previous month, on September 3, 1929, with the Dow Jones stock index reaching a record high of 381. But throughout September and October, nervous investors began pulling their money out of … Read more

Officials from the U.S., Canada and Mexico Participate in 2019 Meeting to Discuss Antitrust Enforcement

by

The heads of the antitrust agencies of the United States, Canada and Mexico met today in Ottawa, Canada, to hold an annual dialogue on antitrust enforcement and policy priorities. The meeting included Assistant Attorney General Makan Delrahim of the U.S. Department of Justice Antitrust Division, Federal Trade Commission Chairman Joseph J. Simons, Canadian Commissioner of … Read more

PG&E (California power co) stock at record low. Citi warns it could be worthless. Down over 28% today alone.

by

Shares of PG&E Corp. plummeted on heavy volume to a record low Friday, after Citigroup warned that the latest California wildfire, which the utility may have helped start, could render them worthless https://www.marketwatch.com/story/pge-stock-plunges-toward-record-low-after-citi-warns-it-could-be-worthless-2019-10-25?siteid=yhoof2&yptr=yahoo It has dropped over 90% from this time last year. https://finance.yahoo.com/quote/PCG?p=PCG&.tsrc=fin-srch California government must be really proud to bankrupt a major utility. … Read more