Building blocks of Bubble #3, since 2009:

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Building blocks of Bubble #3, since 2009: Corporate Buybacks: $5TUS QE: $3.7TGlobal QE: $15-20T (includes China)China debt: $7T–>$40TTotal global debt now 318%-to-GDP; interest alone negates all future GDP growth; Corp debt at record; consumer debt at record. 0% rates pic.twitter.com/4aFiuUI0Wm — M/1_LP (@MI_Investments) October 29, 2019 Steepest rise in auto loan spread since the Great … Read more

US Card Spending Volume Peaked in 1Q18…. US Confidence Tumbles 3 Times At A Row

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US Card Spending Volume peaked in 1Q18. Same story w $AXP at +10.34% YoY…has been decelerating since to just +5.96% YoY in 3Q19. There’s been a major downshift. Same on the Global Billings side. Very $TLT friendly & $XLF unfriendly. pic.twitter.com/YITM2q4DoF — PlungeProtectionTeam (@gamesblazer06) October 29, 2019 #TradeWar #Nationalism #Uncertainty #BuybacksvsCapEx#DeGlobalization #Reshoring pic.twitter.com/XoIzK3MEjR — M/1_LP … Read more

Buybacks and Earnings to Drop 25% This Year, Corp Profit Margin Contraction Longest Since WWII…

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https://twitter.com/anilvohra69/status/1189016784520630273 Corp Profit Margin Contraction Longest Since WWII – note the declines preceding recessions by 1 – 4 yrs. Confirms corp profit recession, cash flows negative, declining capex spending, high debt. SPX at new highs? @LanceRoberts @michaellebowitz @DiMartinoBooth @LizAnnSonders pic.twitter.com/f5DUvz02EH — Patrick Hill (@PatrickHill1677) October 28, 2019 https://twitter.com/vixcontango/status/1189214146325299201 ‘Tis the season for beating lowered bars. … Read more

How Iran Used Google To Disrupt 5% Of Global Oil Production

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By Tsvetana Paraskova Officials at Saudi Aramco believe that Iran used satellite maps from Google Maps to precisely attack the oil facilities in Saudi Arabia in the middle of September, a U.S. Senator who visited the Kingdom after the attacks said, raising concerns that no energy infrastructure is safe. Joe Manchin, Senator for West Virginia, visited … Read more

Meet Nancy Pelosi’s replacement DeAnna Lorraine a beautiful patriot on the rise….

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I lover her politics but dam she sure passes the eye test times 10…… DeAnna Lorraine a young Republican challenging the peloski strong hold in san francisco…. I believe she will win because of the impeachment bullsh*t…. People want actions not fighting …. There is also record homelessness in California…. It doesnt matter she is … Read more

Nancy Pelosi: “If the Trump campaign continues to outraise and outspend us, we’ll lose — it’s that simple.”

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After I promised to hold Trump accountable for his abuse of power, Trump’s campaign spent nearly $2.3 MILLION online attacking us. If they continue to outraise and outspend us, we’ll lose — it’s that simple. https://t.co/ZxVPMXZvDa — Nancy Pelosi (@TeamPelosi) October 28, 2019 PELOSI REALLY SHOULD LIMIT HERSELF TO ONE BOTTLE OF GREY GOOSE A … Read more

Democrat presidential candidate Elizabeth Warren misleads Americans on harm and costs of government-run ‘Medicare-For-All

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Watch the latest video at foxnews.com A new report from the left-leaning Urban Institute predicts the plan would cost $34 trillion over its first decade. Sanders has said that it could cost up to $40 trillion over 10 years… That’s why Sanders has floated a number of new taxes on almost every single American, including … Read more

Judge reopens Covington teen Nicholas Sandmann’s $250M suit against the Washington Post

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A federal judge on Monday reopened the $250 million defamation lawsuit filed by Covington Catholic High School student Nicholas Sandmann against the Washington Post, a report said. The ruling by US District Court Judge William Bertelsman partially reverses his own July decision to toss the suit on grounds that opinions published by the paper from … Read more

Democrats plan a 42% National Sales Tax!

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If you’re a Democrat who supports “Medicare for All,” pick your poison. You can ruin your political career and immolate your party by imposing a ruinous new sales tax, a gargantuan income tax hike or a surtax on corporate income that would wreck thousands of businesses. This is the cost of bold plans. Supporters of … Read more

Google spying AGAIN?

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Consumer data privacy breach spells lawsuit for Alphabet’s Google in Australia Australian Competition and Consumer Commission (ACCC) filed a lawsuit against Alphabet’s Google on Tuesday, alleging that the company misled smartphone users on how personal location data was being collected, kept and used. According to the regulator, the local Google unit for almost two years … Read more

Merkel CDU is collapsing

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German government coalition could fall in the coming weeks – internal rivals of Merkel are calling for her immediate removal – Merkels arrogance has cost CDU decline in several elections now – the economic collapse comes together with her political collapse – she will be remembered as the elephant that collapsed a successful country https://www.n-tv.de/politik/Das-System-Merkel-kollabiert-article21359687.html … Read more

CALIFORNIA Governer Gavin Newsom is now BEGGING WARREN BUFFETT TO BUY PACIFIC GAS AND ELECTRIC as PG&E shares drop to lowest ever prices.

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Battered Pacific Gas and Electric stock, fresh off an all-time low, continued to hemorrhage Monday as the Kincade Fire raged in Northern California. Shares plunged another 30 percent to a low of $3.55 before recovering some ground. On Friday, the stock closed at $5.00, then its lowest-ever price. At a news conference Saturday, Gov. Gavin … Read more

BRINKSMANSHIP: Maybe they hope it will be voted down! Suddenly, House Democrats want a formal vote on impeachment.

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via althouse: The NYT reports. The vote will take place on Thursday, and it will be presented as whether to “affirm” the inquiry… which seems to say that they don’t want to admit that they were doing it wrong, just asking for an affirmation. Democrats are good enough. They’re smart enough. And doggone it, people like … Read more