by Chris Marcus via Arcadia Economics Last week the Department of Justice not only charged several JP Morgan traders with manipulating the market, but even invoked the RICO act, which is traditionally reserved for organized crime cases. Of course for those who have been following Ted Butler’s research in recent years, the news hardly comes as a surprise. … Read more
2. JPMORGAN: “Unlike the 2015-16 episode, .. the stall in profits over the past year has come primarily from a slide in margins,” contracting 7% in the year through 2Q19 — on par with the earnings recession of 2016.” pic.twitter.com/xNwpUoTYZn — Carl Quintanilla (@carlquintanilla) September 27, 2019
by Pieerre Tesla’s market value has increased by 39% over the past 5 years, but Tesla shareholders have not benefited because Tesla has created so many new shares Tesla creates an extraordinarily large number of new shares, far more than a normal company. Over the past 5 years, the number of Tesla shares rose from ~125M … Read more
via Otavio (Tavi) Costa: It just broke down from a 4-year support. Pockets of this market are starting to fall apart: Busted IPOs. Cancelled IPOs. Small caps. Micro caps. FANGs. Software stocks. It all looks done for this business cycle.
The reality is that the economy is not what it was in 2014. It hasn’t recovered. It’s literally running on fumes of the QE rounds from post-Financial Crisis. Don’t worry, QE4 is here anyway. Let’s see how long this madness persists. Central bank balance sheets are rising and they won’t stop until they own everything. … Read more
https://twitter.com/anilvohra69/status/1177723387470213120 Fed Funds & Recessions pic.twitter.com/KqDpNlplzO — Win Smart, CFA (@WinfieldSmart) September 27, 2019 Very rare for an ex-Fed chair to be critical publicly of existing Fed policy or forecasts. Surprised cautious Yellen weighing in supportive of Trump view that Fed policy is currently too tight. Fodder for Trump to attack Powell. Rate cuts needed.https://t.co/bzGeW7AiqM … Read more
The Democrat politicians are very scared they will be held to the same laws and rule of law that the rest of us have to live by. Most of their families and friends obtain wealth through the political system, political campaigns, foreign connections and favors, corporate executive jobs for family and friends given in return … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Stocks of Chinese companies listed in the US have turned into a fiasco. The US Treasury Department’s denial on Saturday focused on only one item, omitted to deny the other crucial items, and made the denial even soggier by ending it with “…at this time.” With this statement, sent to Bloomberg on Saturday, … Read more
by clemaneuverers This is a link to the European Climate Declaration, published a few days ago, in which 500 international scientists and professionals attempt to reel in the climate alarmist narrative. This is a big deal since many of them are so called “heavy hitters”, and as is known to anyone familiar with climate science, … Read more
Jon Voight has always been a vocal defender of the President and he has just released a new video after the Democrats declared their intention to seek Trump’s impeachment.
by TheWaterTemple Politicians are out in the open, explaining to citizens how to control the media. “you demonize and then you… we call it the wrap-up smear… you smear somebody with falsehoods and all the rest… and then you merchandise it… and then you write it… and they’ll say “see it’s reported in the press” … Read more
by Lumyai Why the Repo Market Is Such a Big Deal—and Why Its $400 Billion Bailout Is So Unnerving One of the most vital pieces of plumbing that powers the global financial system usually runs so smoothly that it gets overlooked by market watchers. It’s the “repo market,” comprising the short-term funding that banks and … Read more
via pjmedia: The police are supposed to protect and serve. But what’s the point of protecting and serving the public if you’re not protecting and serving Gaia? It’s good to stop crime, but there won’t be any crime at all if everybody gets killed by the weather. That’s why I’m glad to see police departments switching … Read more
via washingtonexaminer: The humming economy is not only boosting support for President Trump among union workers, Hispanics, and even Amazon shoppers, but it is his pathway to bringing in new voters, especially skeptical women and independent voters. In a polling deep-dive of the electorate provided to Secrets, Zogby Analytics found that the economy is Trump’s best … Read more
IT’S MORE LIKE A SPOILING ATTACK DESIGNED TO REDUCE THE IMPACT OF THOSE REVELATIONS: Dems’ impeachment frenzy is the prelude to the coming time bombs about to explode in their faces. “The three time bombs have names: Horowitz, Huber, and Durham. When the Department of Justice inspector general issues his report, then John Huber and John Durham, … Read more
via freebeacon: Bloomberg defended China’s ruling communist regime citing its handling of pollution and environmental policy, claiming that it is responding to the needs of citizens. The billionaire’s comments come amid months of violent protest in Hong Kong and international outcry about the oppression of Chinese Muslims. “The Communist Party wants to stay in power … Read more
Trump Is Raising MILLIONS Over Impeachment Scandal, But Support For Impeachment Is GROWING. In the several days since Democrat Nancy pelosi announced a formal impeachment inquiry into Trump, his reelection campaign has raised over FIFTEEN Million dollars. Not only that, but Republicans have seen a 608% increase in donations for congressional campaigns and Trump saw … Read more
by Ron Paul via Ron Paul Liberty Report While the country is being dragged through the three ring impeachment circus – which is all about politics and nothing about policy, President Trump’s secret wars and interventions across the globe continue. Venezuela, Middle East, Lithuania…the intervention is on overdrive. But Congress has no interest in its Constitutional obligations when … Read more
by Mac Slavo of SHTFplan A majority of the ultra-wealthy Americans are seeing the possibility of a recession by 2020 and they are taking steps to prepare themselves now. Many are hoarding cash and others are shifting their portfolios to protect themselves and their wealth when it finally hits the fan. A UBS survey of 360 global family … Read more