by Troy Well that was quick. Less than 2 months ago Fed chairman Powell said that interest rates were “far below neutral” (implying that rates needed to be hiked much more). After the stock market has fallen 10%, Powell now thinks that “interest rates are close to being neutral” (implying that fewer rate hikes are … Read more
You'll be shocked to learn in this chart that the breaking point in credit markets is right here—> pic.twitter.com/CXsCGOWgHv — Alastair (@StockBoardAsset) November 28, 2018 U.S. junk bond yields reach the highest levels in more than two years. Borrowing costs for riskier companies are now 2.5 percentage points higher than the all-time low reached in … Read more
From Birch Gold Group Lawmakers are considering the possibility of earmarking billions of dollars to bail out some failing pension programs. The proposed bailout was outlined in The Hill: The proposal, a draft of which was obtained by the Post, would require the Treasury Department to spend as much as $3 billion annually to subsidize payments for retirees … Read more
via @crossbordercap: Tightening Again … Alas Latest data show major #CentralBanks’ aggregate balance sheet shrinking 1.3% in US$ terms .US$, policy liquidity shrank by a whopping 5.4% , mostly due to #Fed but also by #ECB and #BOJ #BOE info..act@liquidity.com Even After IMF Downgrade of Global Economy, Data Suggest Things Are Getting Worse … Read more
by Michael Snyder The U.S. economy is definitely deviating from the script, and we just got more evidence that “Housing Bubble 2” is bursting. Experts were expecting that new home sales in the U.S. would rise in October, but instead they plunged 8.9 percent. That number is far worse than anyone was projecting, and many … Read more
There are various ways in which you can fund and raise capital for your business but the most obvious one is you yourself. You need to show your commitment towards the startup that you are planning to launch. This is one of the main things that can attract investors to your business. When investors see … Read more
The ETF sector is blazing hot right now, and it is a great opportunity for investors to monitor whole sectors of the economy at once. One of the areas where ETFs are thriving is in the gambling sector, and more and more gambling centered ETFs are now being introduced. The Supreme Court recently decided to … Read more
by Charles Hugh-Smith This systemic vulnerability is largely invisible, and so the inevitable contagion will surprise most observers and participants. The conventional definition of a Bear is someone who expects stocks to decline. For those of us who are bearish on fake fixes, that definition doesn’t apply: we aren’t making guesses about future market gyrations (rip-your-face-off rallies, … Read more
By Leonard Hyman and Bill Tilles for WOLF STREET: Last week, the NY Times ran a front-page story on Saudi Arabia’s efforts to purchase nuclear fuel enrichment capabilities and as many as 16 nuclear power generating plants from the US. The principal concern expressed here was the Saudi’s insistence on ownership of nuclear fuel-enrichment technologies. Typically, when the US has … Read more
The bribery trial of Dr. Patrick Ho, a pitchman for a Chinese energy company, lifts the lid on how the Chinese regime relies on graft to cut Belt and Road deals in its global push for economic and geopolitical dominance.
https://www.youtube.com/watch?v=77MFh0R6Ww8
This post begins with a discussion of the October 2018 U.S. indictment of nine Chinese citizens on charges of “Internet-based espionage.” The nine worked with an Internet hacking operation based in China’s Jiansu Province. The group targeted “technical data on high-performance jet engines.” But the post also discusses the origins of China’s enormous “Internet Army.” … Read more
by Brandon Smith At the beginning of 2018 I wrote extensively on what was likely to happen under the administration of Jerome Powell, the new Federal Reserve Chairman. In my article ‘New Fed Chairman Will Trigger A Historic Stock Market Crash In 2018‘, published in February, I predicted that the Fed would continue interest rate increases … Read more
BY JOHN MAULDIN Science tells us energy can neither be created nor destroyed within a closed system. The form may change, but the amount will only stay the same. If this only held true for debt. Within the closed system called Earth, we create debt much better than we eliminate it. Well, when we have too … Read more
by jessefelder The stock market today is celebrating the rapid reversal in the Fed’s hawkish attitude under the tenure of Jay Powell. Oct. 3/2.18 Fed Funds Rate: 'We may go past neutral. But we’re a long way from neutral at this point, probably.' Nov 28/2.2 Fed Funds Rate: 'Funds rate is just below the broad range … Read more
By Bill Bonner BALTIMORE, MARYLAND – The stock market continued with a modest bounce yesterday… but America’s automotive giant, General Motors, sank into the mud. The proximate cause was a tweet by President T., who threatened to remove federal subsidies to GM’s electric cars. This from Bloomberg: President Donald Trump said he’ll consider killing subsidies … Read more
by Sovereign Man This doesn’t make front page news… But it should. Every year, cost of living adjustments increase Social Security benefits. Over the past decade, payouts have increased by an average of 1.66% per year, according to the Social Security Administration (SSA). But for 2019, the increase will be 2.8% to keep pace with inflation. … Read more
By Lance Gaitan Early this week, the market shook off Thanksgiving blues and started with a bang! Stocks bounced sharply, and Treasury yields moved up in tandem. Last week’s start was a different story. Stocks fell sharply. Treasury bonds were mostly steady; despite the sell-off in stocks, they didn’t rally much on the long end of … Read more
Finally we now know the truth Watch “Science Proves It” on YouTube h/t QuantumLove
by DCG Lincoln County Sheriff Roby Bowe From KPAX.com: The Lincoln County Sheriff’s Office is currently facing a lawsuit from the ACLU and the ACLU of Montana regarding a current inmate at the Lincoln County Detention Center. Agustin Ramon, a dual citizen of France and Mexico, was arrested on Aug. 3 for a criminal burglary charge and … Read more
https://twitter.com/electra_woman/status/1035269906160410624?s=21 Watch the latest video at foxnews.com Republican Rep. Louie Gohmert doubled down after the FBI dismissed claims that a Chinese state-owned company hacked former Secretary of State Hillary Clinton’s private email server. ‘[P]artisan politics, sadly, are very much at play within some of the leadership at the FBI,” the Texas congressman said in a statement late … Read more
Trumpeteers rejoice. “Best Economy Evah!!!”. In case you didn’t notice, the trade deficit also reached and all-time high today, up $14 billion since the Great Orange One ascended to the throne. The housing market is now in the process of a slow motion crash. Prices have just begun to fall. There is another 20% to … Read more
Laura Ingraham points out that under current law it is highly illegal to help an illegal immigrant get into the United States punishable by 5 years to life in prison or even the death penalty if that immigrant kills someone. So why no indictments by Sessions? No he WASNT strong on immigration. h/t Waswasz
Watch the latest video at foxnews.com Illegal immigrants appeared to have “ambushed” two U.S. Border Patrol agents near the Texas border with Mexico and bashed their heads with blunt objects — possibly rocks — killing one agent and sending another to a hospital in serious condition Sunday, a National Border Patrol Council (NBPC) official told … Read more
From Dr. David Eifrig’s Health & Wealth Bulletin: It’s about time the FDA finally agreed with me… only 10 years later. Last week, the U.S. Food and Drug Administration (FDA) released a statement about my favorite type of oil… olive oil. Oils with high levels of a certain type of fatty acid called oleic acid can … Read more