By Harry Dent The big news this week was that the Fed cut rates by around 25%. This was to be expected, though it’s still a relatively big deal, and is something to take notice of with regard to a liquidity crisis on the way. On Monday the overnight borrowing rate for banks shot up … Read more
https://www.youtube.com/watch?v=9kwCMYReBl0 Facebook has asserted a First Amendment right to decide who is and isn’t an extremist. Time and again, it has distanced itself from the designation of “publisher,” insisting that it is simply a neutral tech platform. RT America’s Michele Greenstein (in for Rick Sanchez) reports on Facebook’s unprecedented power over the public discourse. … Read more
https://www.youtube.com/watch?v=0c_cbxkSbcI 100% Fed Up reports, Senator Cory Booker has a plan called “Give Americans a shot at a days work.” Erin Burnett asks about the price tag of $543 billion a year for the jobs guarantee program…where would that money come from? Read More/Source/Credit/FairUse: https://100percentfedup.com/video-ton…
No Matter Who Wins In 2020, There Will Be Blood. I actually doubt this. When you get off of Twitter and out of a few deep-blue fever swamps, people seem pretty mellow. The machinations of an illiberal left, on display in its ever-increasing violence accompanied by the ululations of a propagandist media in contravention of … Read more
Josh Sigurdson talks with author and economic analyst John Sneisen about the recent news of the Federal Reserve throwing 75 billion dollars at the markets as desperate attempt to stop interest rates from going higher. As the dollar is in a statistical tailspin, the markets have been getting pumped up with fake printed currency forever … Read more
The MSM/[CB] have lost the economic narrative, they tried to convince the public that tariffs were going to hurt the consumer, that people would experience higher priced items and it was all because of Trump. This narrative completely backfired and now the establishment just admitted it, so it’s on to Plan B.
Horowitz’s hearing: Watch it 57:52 mark. At 58:10, he makes the comment about heads of other agencies (other than Comey & McCabe) who have been referred for criminal prosecution but he doesn’t want to disclose it yet. He wants to keep it to himself until the report goes public. h/t iRubGuacOnMyArmpits
U.S. to deploy military forces to Saudi Arabia after drone attacks on oil sites “The president has approved the deployment of U.S. forces which will be defensive in nature,” U.S. Secretary of Defense Mark Esper said Friday. The United States is deploying military forces to the Middle East after Saturday’s drone attacks on major oil sites … Read more
via Reuters: WASHINGTON/CHICAGO, Sept 20 (Reuters) – A U.S.-China trade deal appeared elusive on Friday after Chinese officials unexpectedly canceled a visit to farms in Montana and Nebraska as deputy trade negotiators wrapped up two days of negotiations in Washington. Chinese officials were expected to visit U.S. farmers next week as a goodwill gesture, but … Read more
by sundance For the past several weeks China has been hoping to divide the trade dispute into two tracks thereby separating trade issues related to U.S. national security. Beijing wants, heck needs, the simple agricultural trade because they are food dependent and need that uninterrupted. However, they are strongly opposed to a comprehensive trade reset. Beijing … Read more
Reclusive Swiss billionaire Hansjorg Wyss — one of the Democrats’ biggest and most secretive donors — is currently under investigation for a 2011 sexual assault, as originally reported in a handwritten complaint by his former employee Jacqueline Long. The current status of the investigation was confirmed by a Nov. 30, 2017 document obtained by TheDCNF … Read more
The wearable LEX chair lets you sit where you want – but will it catch on? A pair of aluminium legs that you strap to your bum could be the solution for people who find there are not enough chairs in the world. As long as they don’t mind looking ridiculous On Wednesday night, the … Read more
Larry Ellison is said to be far less bullish than Wall Street when it comes to Uber. The Oracle founder trashed Uber’s business model at a private San Francisco event this week, according to Barron’s. “They have nothing,” he reportedly said of the ride-hailing giant. “No technology. And no loyalty.” Visit Business Insider’s homepage for more stories. … Read more
An innovative new device is able to generate electricity from the night sky, according to a new study. The research, published in Joule, highlights a new device that uses radiative cooling and is able to generate enough electricity for an LED light bulb, even at night. “Remarkably, the device is able to generate electricity at night, when solar cells don’t … Read more
by Michael Snyder Are we about to see U.S. financial markets go crazy? That is what Goldman Sachs seems to think, and it certainly wouldn’t be the first time that great financial chaos has been unleashed during the month of October. When the stock market crashed in October 1929, it started the worst economic depression … Read more
Snapback Bloodletting in the Overripe Bond Market. This is the transcript from my podcast last Sunday, THE WOLF STREET REPORT: OK, so we’ve got ourselves one heck of a snapback in government bond yields, not just in the United States, but globally. And the negative-yield mongers that were out there for months, preaching their book and … Read more
https://www.youtube.com/watch?v=-yERi2MmqBg
