Authored by Alex Moneton via SovereignMan.com, Yesterday I called my bank in Denmark, Nordea, and couldn’t believe what they told me… They offered to lend me money at MINUS 0.12% for a ten-year mortgage. In other words, the bank would PAY ME to take out a loan. Of course, as a Sovereign Man editor, I’ve … Read more
I don’t care if their reasons are dumb.
China is stealing this technology for more than 50 years. How much benefit? At the same time, Ccp can use funds to invest in any the west company to compete for decision-making power. Nowadays they have power to order the world to shut up.#NBA #Blizzard #FreeHK pic.twitter.com/x4UU6PSMKm — lovemimikyu (@Crisleeqwq) October 14, 2019 Very soon, … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “Does that mean that we have bad markets?” This still doesn’t show who or what triggered the fire in the repo market in mid-September when overnight lending rates more than quadrupled and briefly hit 10%, but it confirms who sat there and watched the fire and fanned it though they could … Read more
Collusion and “absolute monopoly practices.” By Nick Corbishley, for WOLF STREET: Mexico’s antitrust agency Cofece has accused the domestic subsidiaries of JP Morgan Chase, Bank of America, Citigroup, Barclays, Deutsche Bank Santander, and BBVA of colluding to rig Mexican bond prices, in particular treasury notes, over a ten-year period. Following a three-year investigation, Cofece on Monday declared that it … Read more
via theweek: A public health emergency is shortening our lives and supersizing our health-care costs. Here’s everything you need to know: How serious is the crisis? Americans are collectively gaining weight at an alarming rate, with the average adult weighing about 15 pounds more than 20 years ago. In defining obesity, nutritionists focus on body … Read more
Mike Maloney recently appeared as a guest on the ‘Hidden Forces’ podcast with Demetri Kofinas. Demetri is a good friend of Mike, and has actually appeared as our own guest in Episodes 2 and 8 of Hidden Secrets Of Money. During this one hour interview Mike recalls his early battles with dyslexia and how it … Read more
https://twitter.com/ZeroGravityGAF/status/1183648669695787008 https://twitter.com/ainzoolfong/status/1183624404766347264
$JPM 30+ Day DQs rising in Credit Cards, Auto & Mortgage…they are selling real estate loans partially coz of Standardized Capital but if DQs are going up perhaps cognizant of higher future NCOs.. Resi loans -16% YoY. Took another $200MM Card Reserve Build In 3Q19. Nobody cares? pic.twitter.com/TBFqZFVx1F — PlungeProtectionTeam (@gamesblazer06) October 15, 2019 The … Read more
27 Country GDP Weighted Yield Spread. GDP weighted 10s – GDP weighted policy rate pic.twitter.com/2KHsnH3hUP — Eric Basmajian (@EPBResearch) October 14, 2019 World Trade Volume chart🙄 pic.twitter.com/L0zHbLki0n — M/1_LP (@MI_Investments) October 15, 2019 IMF CUTS 2019 GLOBAL GROWTH EST. TO NEW POST-CRISIS LOW OF 3% — zerohedge (@zerohedge) October 15, 2019 Global manufacturing (Germany 😳) … Read more
"Our policies must be working, stocks keep going up, Wall St approves!"- the Fed REALITY: Company debt soared for buybacks, not INVSTmnt; Glbl debt soared (=320% Dbt2GDP☠️); Central banks have "LBO'd" world w/ cheap debt🤔🤦♀️@RobSKaplan @marydalyecon @RaphaelBostic @neelkashkari https://t.co/nqt7IXWYRX — M/1_LP (@MI_Investments) October 15, 2019 The era of cheap borrowing is fostering corporate America’s favorite … Read more
via UPFINA: The August University of Michigan consumer confidence report was highly discussed because it showed a big decline in confidence. It caused some to think the trade war was significantly hurting consumer spending. We now have the benefit of hindsight which tells us retail sales growth improved, but PCE growth didn’t. In the subsequent two … Read more
LIVE: Refinery fire in Contra Costa County https://t.co/oJ8Bts1wpr pic.twitter.com/mJSrDr7NNR — kcranews (@kcranews) October 15, 2019 Shelter-in-place ordered in Contra Costa County, CA due to hazardous materials release from refinery fire https://t.co/jz5f7LBhRG — Steve Lookner (@lookner) October 15, 2019 Over the past half hour or so, at the site of the breakout, the fire has *melted* … Read more
BY SRSROCCO While the silver price is trading at another important short-term technical level, the underlying fundamentals continue to improve. Since silver peaked at $19.75 at the beginning of September, it has been correcting lower to key support levels. As I mentioned in my last update, the silver price would like correct back down to … Read more
Because of its natural supportive properties, CBD has become an integral component of the natural wellness trend that is sweeping across the country. Even consumer goods giants like Coca-Cola are considering adding CBD to their product offerings. However, there are still various groups and organizations that remain hesitant about its use, limiting the full potential … Read more
from Zero Hedge A new report by The Wall Street Journal indicates about 100 of the 425 Sears and Kmart stores that financier Edward Lampert acquired out of bankruptcy are set to close by year-end. Lampert, who was chairman and chief executive of parent Sears Holdings Corp., decided in late 2018 to file for bankruptcy protection. Lampert provided … Read more
House Intelligence Committee Chairman Adam Schiff (D-CA) said on Monday that the House “may not” vote to authorize the ongoing impeachment inquiry. Schiff argued that voting on the investigation would not stop Republican criticism of the process. His comments came during an interview at the 92nd Street Y in New York City, moderated by New … Read more
On Monday, ABC News got caught lying about having a video allegedly showing Turkish troops slaughtering Kurdish civilians in northern Syria, when, in fact, it was video from a gun range in Kentucky. Seemingly thinking a pair of weak apologies on Twitter were enough, the liberal broadcast network refused to correct the record and inform … Read more
by Michael Snyder Snow usually blankets the Upper Midwest around the first week of November, and so that means that many farmers in the Midwest only have about two weeks to salvage what they can before everything is lost. The unprecedented October blizzard that we just witnessed dumped massive amounts of snow on millions upon … Read more
