The CIA Operative Lied on the Old Whistleblower form Claiming to Have First Hand Knowledge. Deep State then Changed Form to Not Needing First-Hand Knowledge, So they Changed Story and Refilled Again Clip Around 29 Minute Mark https://youtu.be/JVKTLR9F-UQ It’s disgusting, and there needs to be consequences. A few years in jail for these plotters who … Read more
Democrats know their message is poison. Hillary would get more votes than any of the others. AO
via MarketWatch: CLO funds, the biggest buyers of U.S. leveraged loans, could see another sharp, fourth-quarter sell-off as investors look to avoid the sting of weak economic data and signs of financial stress at debt-laden companies, Bank of America Merrill Lynch analysts warned in a recent client note. Problems that have plagued the nearly $600 … Read more
via pionline: When it comes to public pension plans’ assumed rates of return, what is rare today was quite common less than 10 years ago. Only three of 129 public plans tracked by the National Association of State Retirement Administrators have assumed rates of return at 8%. In 2010, by contrast, 59 plans had assumed … Read more
https://twitter.com/GreekFire23/status/1179035532577263617 https://twitter.com/NorthmanTrader/status/1179045737373544449 DEUTSCHE: “For the past year, we have seen a steady decline in US consumers’ interest in buying large household goods, i.e. washers, dryers, computers, TVs, furniture etc. This sentiment indicator has historically been a very good leading indicator of the business cycle” (Slok) pic.twitter.com/NSsk7xu7hp — Carl Quintanilla (@carlquintanilla) October 1, 2019
The S&P 500 has fallen slightly since the central bank delivered the first rate reduction in more than a decade in July. The correlation between the S&P 500′s price-earnings ratio and the fed funds rate has broken due to the long period of low rates since the early 2000s, UBS noted. “Fed rate cuts are … Read more
by jerschneid Fidelity Released Zero Fee Index Funds The exploding popularity of low fee index index funds in recent years has been putting pressure on brokerages to push their index fund expense ratios even lower. About a year ago, Fidelity ramped up that battle when they released four 0% expense ratio index funds, including FZROX a zero … Read more
We just set a new record again.Italy now joined the pack. Today 19 economies have their 30-year yields below the Fed funds rate. Previous extremes proved to be a bad omen for the global economy. The Fed is cutting rates, and this count keeps rising. pic.twitter.com/C5kFHeux9H — Otavio (Tavi) Costa (@TaviCosta) September 29, 2019
https://www.cnbc.com/2019/10/01/charles-schwab-is-eliminating-online-commissions-for-trading-in-us-stocks-and-etfs.html “Charles Scwab said on Tuesday that it is ending commissions for online trading in U.S. stocks, exchange-traded funds and options. The changes will apply to securities on Canadian exchanges as well.” Wow that’s quite a game changer between SCHW and IB, the other brokerages are in big, deep shit if they can’t … Read more
by chaney3 Introducing the newest brand of full-blown autism™, I present to you the California / Europe ultimate bear portfolio! Based on a special blend of my extra chromosomes and a spicy mix of hate for California, this portfolio will blow average market returns out of the water based on the following assumptions (Cetaris Paribus): … Read more
Recent repo spikesare warning of another Crisis, but not aguarantee of one. Marketsare becoming illiquid.Despite FOMC rate cut inSeptember, policy needsto focus far more onbalance sheet expansion,i.e. QE. This will pushbond term premia higher.act@liquidity.com for report pic.twitter.com/xVAgQyT35r — CrossBorder Capital/ GLIndexes (@crossbordercap) September 22, 2019 EM liquidity slumps again in August despite strong rebound in … Read more
Can anyone recall the last time (if ever) that a hot IPO candidate resulted in the end removal if its founder/CEO and it bonds getting smashed. Is this the worst IPO screw-up in history? WEWORK BONDS DROP TO RECORD LOW, YIELD CLIMBS ABOVE 11% pic.twitter.com/PO7metjEz1 — Jim Bianco (@biancoresearch) September 30, 2019 Could WeWork bonds … Read more
via UPFINA Friday was a terrible day for economic data as we will review in this article. The disappointing August real consumption and core capital goods orders growth caused many Q3 GDP growth estimates to plummet. Oxford Economics’ estimate fell from 1.8% to 1.3%, Morgan Stanley’s estimate fell from 2.1% to 1.5%, and Macro Economic Advisors’ estimate fell … Read more
Disinflationary Pressure Is Building https://t.co/UGOiE1WhKj pic.twitter.com/uYd1uiz0UG — Eric Basmajian (@EPBResearch) September 30, 2019 While the Fed’s repo operations appear to have smoothed short term turbulence, Zoltan Pozsar, who wrote of potential problems back in August, has warned that more than technical actions are needed. Markets need “rate cuts that are aggressive enough to re-steepen the … Read more
Here's @GZEROMedia's coverage of a demonstrator being shot with live ammunition for the first time since Hong Kong's democracy protests began 4 months ago: https://t.co/PkChfJXQS8 — ian bremmer (@ianbremmer) October 2, 2019
https://www.youtube.com/watch?v=c8yjdmvYPBg
https://talktotransformer.com/ Better Language Models and Their Implications We’ve trained a large-scale unsupervised language model which generates coherent paragraphs of text, achieves state-of-the-art performance on many language modeling benchmarks, and performs rudimentary reading comprehension, machine translation, question answering, and summarization—all without task-specific training. h/t EmilioLizardo
by CaptKirkB The people of Haiti are overthrowing their American backed regime due to misuse of funds from Venezuela and we aren’t suppose to know about it. Revolutionaries destroyed police headquarters, attacked residences of government officials, and burned a jail and courts to the ground in different parts of Haiti on Friday. Insurgents are fighting … Read more
https://www.youtube.com/watch?v=pC3MLUW_DlY
by John W. Whitehead “Of all the enemies to public liberty war is, perhaps, the most to be dreaded because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes… known instruments for bringing the many under the domination of the few.… No nation could … Read more