The actual level of off-balance-sheet Chinese local government debt could be several times more than what is publicly disclosed and range as high as 30 trillion yuan to 40 trillion yuan, or about $4.34 trillion to $5.78 trillion, S&P Global Ratings analysts say in a report. “That’s a debt iceberg with titanic credit risks,” the … Read more
via promptcloud: The American job market is showing an upswing both in terms of job growth and wage. However, if we look at the US jobs report, it is not the number of new jobs created or the declining unemployment rate that get the limelight, it is the enigma behind the American salary that get the … Read more
via takeasecond: The data is from Forbes Global 2000 list of the world’s largest publicly traded companies. The graph was made in R with ggplot.
by Chris Look, the central banks are entirely responsible for the prices of bonds and about 99 and 44/100ths percent responsible for the dizzying hieghts of equities. Remove all that stimulation, the thinking goes, and then we get to discover just how much air is under these “markets.” Which makes this the most important chart … Read more
The Fed risks raising interest rates too much as the compass spins wildly Federal Reserve Chairman Jerome Powell is in an unenviable position. Folks expect him to fine-tune interest rates to keep the economy going and inflation tame but he can’t make things much better — only worse. Growth is nearly 3% and unemployment is … Read more
by Kimble Charting CLICK ON CHART TO ENLARGE This chart looks at the S&P 500 on a weekly basis over the past couple of years. Since the start of 2016, the S&P has spent the majority of the time inside rising channel (1). In January the S&P hit the top of the rising channel and selling … Read more
https://www.cnbc.com/2018/10/16/blackrock-ceo-larry-fink-we-saw-huge-outflows-before-last-weeks-plunge-due-to-more-fear-among-investors.html Basically the fear rising wages would squeeze company margins. Then my own take is what happens if/when tariffs related increases really hit? Especially if Chinese imports get hit with 25% (though China is devaluing somewhat to soften this IMHO). The bigger question is what does the Fed do as non-energy prices rise in the … Read more
The real reason why Polls fail (Link to article below) https://www.cbc.ca/news/politics/grenier-quebec-polls-miss-1.4856187
by: Stefan Gleason, Money Metals News Service Is the Trump agenda in peril? It’s a question investors should consider ahead of the mid-term elections. Up to now, the Trump economic agenda has certainly been great for Wall Street and much of the broader economy. The Dow Jones Industrials continues to defy all naysayers – notching … Read more
https://www.youtube.com/watch?v=2vBrqeXBazs The spotlight of this Briefing focuses on President Trump’s triggering The Deep State into panic mode. https://www.youtube.com/watch?v=jSKvfDMVRg4 https://www.thegatewaypundit.com/2018/10/very-soon-house-judiciary-chairman-bob-goodlatte-preparing-to-subpoena-rod-rosenstein-video/
Resveratrol, plentiful in grape skins, was the first of these plant extracts to be identified as destroying cancer cells in the lab. Now a long list of them has been compiled in many fruits and vegetables. “Salvestrols are the wonder nutrients found in fruit and vegetables that hold potential as yet another safe, effective and … Read more
Kinda makes you wonder what they’ve got planned. And why is Bill Gates always somehow involved in these doomsday scenarios? Isn’t he just a computer guru? A pandemic killing tens of millions of people is a real possibility — and we are not prepared for it A century ago, the Spanish flu killed more than … Read more
by Fabius Maximus Summary: The Democrats plan to open America’s borders (as Merkel did to Germany). It is the next step in their new social engineering project, with us as lab rats. The 2018 and 2020 elections might be a decisive point in American history, “Weak half-measures do nothing. This is a defining moment of our … Read more
Authored by Tom Luongo, In case you haven’t been paying attention, the Republicans are going to remain in control of both the House and the Senate in a couple of weeks. Since their flawless victory over the Democrats in the fight to confirm Judge Brett Kavanaugh to the Supreme Court, the Republican base is more energized now … Read more
https://www.citizenfreepress.com/breaking/heres-how-much-illegal-aliens-cost-every-state-awesome-map/ We could have The Wall for a fraction of what the politicians are spending on illegal aliens. And imagine the good we could be doing for our own children and our elderly. h/t dollop
By Kristen V. Brown via Bloomberg: Consumer DNA testing – and the mountain of data it has generated – has become pervasive enough that it’s possible to identify about six of every 10 people in the U.S. who are of European descent, even if they’ve never given a sample. According to a study published on Thursday … Read more
WHO to hold emergency meeting over Congo Ebola outbreak that’s seen 33 cases in past week The committee of experts may make recommendations to manage the outbreak, which was declared on Aug. 1 and has worsened, with a risk of the virus spreading from northeastern Democratic Republic of Congo into Uganda and Rwanda. Congo’s health … Read more
Hungary buying 10 times gold like never before. Boosts Gold Reserves 10-Fold https://www.bloomberg.com/news/articles/2018-10-16/hungary-increases-gold-reserves-tenfold-citing-safety-bid and before that it was poland hoarding like crazy gold too recently they fear something is coming. Poland Raises Gold Holdings to Record High in September – IMF (Reuters) – Poland raised its gold holdings to the highest in at … Read more
https://www.youtube.com/watch?v=iUjUOjkt47k
This is a very important case. The pending court challenges against the Trump administration’s decision to add a citizenship question, legal experts tell Fox News, face an uphill battle not only because conservatives now command a 5-4 majority on the Supreme Court, but also because traditionally it’s been the White House’s prerogative to decide whether … Read more
Watch the latest video at foxnews.com There’s a dirty rumor (of the good kind) that Jame’s Senate Intel Masters accommodated these leaks in some manner. James plead guilty to lying to FBI about leaks. He wasn’t charged with the act of leaking. Possibly because he cooperated in a sting. ABC’s Brian Ross who was fired … Read more
They are inaccurate in that they are dated, to say they are entirely inaccurate isn’t correct and pointlessly dismissive. It doesn’t make a difference in that bill or Jeff aren’t over 200 billion yet. You can also assume that the Rothschild wealth has grown as much, if not more. h/t blaaaahhhhh
GOP Rep. Markwayne Mullin says Elizabeth Warren needs to apologize for lying about being a Native American. Mullin is a member of the Cherokee tribe.
