The Fed’s QE Unwind Reaches $285 Billion

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The “up to” begins to matter for the first time. The Fed released its weekly balance sheet Thursday afternoon. Over the four-week period from September 6 through October 3, total assets on the Fed’s balance sheet dropped by $34 billion. This brought the decline since October 2017, when the QE unwind began, to … Read more

Inverted Global Yield Curve Creates “The Perfect Cocktail For A Liquidity Crunch” As The IMF Warns Of “A Second Great Depression”

by Michael Snyder Why would the IMF use the phrase “a second Great Depression” in a report that they know the entire world will read?  To be more precise, the IMF stated that “large challenges loom for the global economy to prevent a second Great Depression”.  Are they saying that if we do not change our ways that … Read more

Shocking New Studies Find That America’s Young People Are Overweight, Unhealthy, Suicidal And Addicted To Alcohol And Drugs

by Michael Snyder After reading the information contained in this article, you will probably find yourself questioning if America is going to be able to survive for much longer, because our young people are a complete and total mess.  Yes, all generations of Americans have had their problems, but this generation appears to be particularly … Read more

California Governor DOES The UNIMAGINABLE With Abortion Pill Bill

https://www.youtube.com/watch?v=FUldUrpK9SU Kassy Dillon for the Daily Wire reports, In a surprising move, California Governor Jerry Brown vetoed a bill on Sunday that would have mandated public universities in California provide the abortion pill, RU-486, to students. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/36561/…

Trump supporter Tim Allen beats TDS-infected Candice Bergen in TV show ratings

by DCG Suck it, Murphy Brown. From USA Today: After the first week of the television season, Tim Allen has bragging rights over Candice Bergen. The return of Allen’s sitcom “Last Man Standing” reached 8.1 million viewers on Fox last Friday night. That was more than the 7.5 million people who tuned into the revival of Bergen’s “Murphy Brown“ on CBS the … Read more

How the mafia uses violence to influence Italian politics – Italy saw more than a thousand attacks on politicians from 2013 to 2015.

Being a politician in Italy comes with facing off against powerful criminal conspirators. The effect on the political climate of the country is discussed. Italy is not the only country with an organized crime problem. But movies and TV shows like Scarface, The Godfather and Gomorrah have made the Italian mobs – in both their … Read more

New FCC Ruling Gives Federal Government Control of 5G Rollout

by Thinker As the push towards 5G-powered “Smart” surveillance cities begins across the United States the Federal Communications Commission has approved a new rule limiting the power of local authorities. by Derrick Broze On Monday October 1st, Sacramento, Houston, Indianapolis and Los Angeles became the first cities to gain access to Verizon’s 5G Wireless service. … Read more

Signs that the Trucking Boom Has Peaked

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This is why the trucking business is so cyclical – and you can see it coming. Trucking is a cyclical business. And there are now signs that the phenomenal surge this year has peaked, and while it remains at high levels, has started to back off. The latest sign: In September trucking companies … Read more

Liberal utopia of California: Prohibited possessor & career criminal who killed Sacramento County deputy flaunted his guns on social media

by DCG Career criminal Paris: Proof that CA gun laws don’t work if not enforced Unenforced gun laws combined with bureaucratic mistakes cost a deputy his life. Tragic. From Sacramento Bee: Anton Lemon Paris, the man accused of killing one Sacramento County sheriff’s deputy and wounding another, has been charged on multiple occasions with serious crimes including assault … Read more

Chicago braces for riots after verdict this weekend!

CHICAGO (CBS) — Closing arguments are set to begin Thursday in the Van Dyke murder trial. The Chicago Police Department said it is increasing police patrols around the city in preparation for the verdict. Officers will be working longer hours at the start of the closing arguments. Police sources said the plan of action for officers … Read more

Liquidity Crisis Looms As Global Bond Curve Nears “The Rubicon” Level

Via Zero Hedge, Authored by Mehul Daya and Neels Heyneke via Nedbank, The first half of 2018 was dominated by tighter global financial conditions amid the contraction in Global $-Liquidity, which resulted in the stronger US dollar weighing heavily on the performance of risks assets, particularly EM assets. GLOBAL BOND YIELDS ON THE MOVE AMID TIGHTER GLOBAL FINANCIAL CONDITIONS Global … Read more

First 1% Decline Since June?

via Bespoke  The S&P 500 is currently trading down just over 1%, and if these declines hold through the closing bell, it would be the first decline of 1% or more for the index since late June.  At 70 trading days, the current streak ranks as the third longest of the bull market behind the 109 … Read more