via mishtalk: Kamela Harris is currently in first place in the “Free Stuff” giveaway contest. Never before have so many politicians promised to spend so much. Among some candidates, the 2020 presidential campaign has turned into a contest to see who can offer the most “free stuff.” Will tonight's debate be more of "Free Stuff 2020"? … Read more
Government bond yields recently held above an important level, but the next test may prove dangerous for the stock market. The benchmark 10-year Treasury note yield tested 1.5% in late August and early September, bouncing off that level and most recently trading around 1.8%. That’s the third time the barrier has been broken since the … Read more
The average rate on the 30-year fixed is now 20 basis points higher than it was on Monday and 36 basis points higher than its last low on Sept. 4, according to Mortgage News Daily. That is the biggest short-term jump since the week following the election of President Donald Trump. When rates dipped to … Read more
via Zerohedge: For months, the world watched in stunned amazement as, alongside the relentless increase in global negative yielding debt which more than doubled in 2019 from $8 trillion to $17 trillion, the Austrian century bond due 2117 exploded higher and almost doubled in price from just above par to an all time high of … Read more
Once again, President Trump has ripped into the Federal Reserve. Unfortunately, the president isn’t criticizing the Fed for artificially suppressing interest rates, and creating the biggest debt bubble in the history of mankind. Instead, the president wants interest rates fixed down to zero (or even negative)! The president has embraced the idea that the disease … Read more
by GoRocketMan93 History repeats itself, so hear me out. WeWork is a terrible company that has a CEO who doesn’t play by the rules and sees himself as a lone genius. The artist Damien Hirst is a terrible artist who doesn’t play by the rules and sees himself as a lone genius. In 2019 WeWork … Read more
POINTS Goldman Sachs cut its price target for Apple’s stock to $165 a share from $187, making the firm’s expectation for Apple the lowest of the major Wall Street banks, according to TipRanks.com. The firm predicts 26% downside for the stock because of a “material negative impact” on earnings for the accounting method the iPhone … Read more
by hopelessbookworm Uh oh, could be that Pompeo and Washington hawks have found a window for a false flag. The Houthis claim responsibility for this drone attack but Pompeo claims there’s no evidence of Yemen origins for the drone. They are calling it an “unprecedented attack on the world’s energy supply.” Not reassuring rhetoric there. They … Read more
The continent of Greater Adria has been revealed. It is reminiscent of Zealandia. Using computer software called GPlates, which is software for the visualization of plate tectonics, scientists learned more about this continent and its journey. Greater Adria was once part of Pangaea. There is still much to be discovered on Earth. “As it dove … Read more
https://www.youtube.com/watch?v=1glK2Y1afKU Molly Prince from the Daily Wire reports, House Republican Conference Chair Liz Cheney criticized her Democratic House colleagues on Tuesday for shirking their constitutional responsibilities in their pursuit of impeaching President Donald Trump. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/51600/…
https://www.youtube.com/watch?v=fED9KZIVLQo
The Democratic Party Has Become A Parody Of Itself, Pushing INSANE Versions Of Past Policy. Looking at several policy positions of many top 2020 Democrats you might conclude they have gone “far left.” While this is true of many of the democrats policies, embracing woke social justice ideology and socialist government programs, the real issue … Read more
This article was written by Ronald-Peter Stöferle and originally published at Mises.org The ongoing “World War of Currencies”, as the German journalist Daniel D. Eckert called it, the battle for the future of the world monetary system is not a shallow action film but more like Game of Thrones – a complex series with hundreds of actors and locations, … Read more
by Econimica Summary This week, the Federal Reserve added another $6 billion to their Treasury holdings and maintained their MBS holdings. Interestingly, Bank Excess Reserves held at the Federal Reserve continue to tumble, down by $25 billion this week.unmatched by balance sheet reductions. Since QE ended, Bank Excess Reserves have fallen twice that of combined Fed … Read more
by independenttrader Over the last few years, the question about which currency we should invest has been raised regularly. There are plenty of currencies circulating in the world but as a point of reference let’s take Indian rupee. As you probably know, metals and commodities are denominated in USD, as are ETFs on shares from many … Read more
by Martin Armstrong QUESTION: I mentioned that you said the stock market rallies with rising rates and declines with lower rates to an analyst. He said you were wrong and everyone knows that is not true and President Trump just came out calling on the Fed to lower rates to zero or negative. You have only … Read more
via Zerohedge: John Kemp, senior market analyst of commodities at Reuters, says in a new report that US borrowers as a whole look stable but there are signs emerging that point to trouble, especially in the farm sector as a result of the trade war, and among a robust jobs market and some wage growth, consumers are nearing … Read more
Despite the DOW now soundly over 27k and the mainstream financial media claiming that today’s retail numbers were very good, there’s a lot of red flags increasing lately that the real US economy is getting much worse. Fed Chair Powell Insists There Won’t Be A Recession When All The Evidence Suggests Otherwise https://www.zerohedge.com/economics/f… Trucking Recession: … Read more
