Fans selling grass from Kanye Coachella performance for $405

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Kanye West isn’t the only one who’s found a way to make money off his Sunday Service. It appears that several attendees of last weekend’s Easter Sunday Service at Coachellaare selling grass from the event online, according to The Shade Room. Sold under names like “Holy Grass” and “Spiritual Grass,” baggies of the clippings of vegetation are going … Read more

Winter storm to dump snow on millions this weekend

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Winter Storm Xyler will spread snow to the southern Great Lakes Saturday. Some areas will also see snow into next week. Below-average temperatures are expected from the Rockies into the Great Lakes region. It may be late April, but Winter Storm Xyler will make you forget that it is spring in the Midwest this weekend … Read more

Traders Have Never Been This Complacent About Risk… Ever

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via Zerohedge: Last week we noted that something unusual had happened in the equity market volatility complex. Specifically, VIX had collapsed at its fastest pace in history. From over 36 to almost a 10 handle a week ago, the Fed’s flip-flop had re-energized the sell-vol-at-all-costs trade that has become the bread-and-butter of so many of newly-minted ‘gurus’ in this … Read more

CDC warn ” deadly ” kissing bugs spreading north in U.S. … don’t get bitten.

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Health officials warn deadly kissing bugs spreading north in U.S. Kissing bugs are blood-sucking insects that can transmit the potentially FATAL CHAGAS DISEASE  The CDC warned that they have been reported in Maryland, Pennsylvania, and Virginia. https://www.nbcnews.com/nightly-news/video/health-officials-warn-deadly-kissing-bugs-spreading-north-in-u-s-1507954243522?cid=sm_npd_nn_tw_ma     h/t Watchout

What Would Happen To The USA If Americans Acted Like The Govt, The Fed, Wall Street, Or The Banks?

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via silverdoctors: Hmmm. Financialization. That’s what it is at its core. And it is destroying our nation. But what exactly is financialization? Let’s find out by playing a game of “what if”. Ready? Let’s begin – I need some money – call it income, call it cash flow, call it a revenue stream, or call it … Read more

China Tries to Muscle in on US Dollar as Payments Currency, But It’s a Tough Thankless Slog

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Dollar hegemony is a tough nut to crack. China is taking another baby step in promoting the internationalization of the renminbi and nibble on the hegemony of the US dollar: It’s pushing a proposal to add a pile of yuan to the $240 billion currency swap agreement between ASEAN plus China, … Read more

US grains, the JPM EM Currency Index, Argentina CDS spread, rising dollar

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Chart: US grains – pic.twitter.com/ywbhcIDvQ0 — (((The Daily Shot))) (@SoberLook) April 25, 2019 Chart: The JPM EM Currency Index – pic.twitter.com/R2itYVqQ5m — (((The Daily Shot))) (@SoberLook) April 25, 2019 Chart: Argentina CDS spread – pic.twitter.com/NuuHb1FFCc — (((The Daily Shot))) (@SoberLook) April 25, 2019 https://twitter.com/LizAnnSonders/status/1121391328372326

Bad Credit Card Debt Is on the Rise… Easy Money Crackdown Begins

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Capital One CEO sees ‘degradation’ in customer credit quality Fairbank also questions whether credit reports are misleading Red flags are flying in the credit-card industry after a key gauge of bad debt jumped to the highest level in almost seven years. The charge-off rate — the percentage of loans companies have decided they’ll never collect … Read more

Wharton: Preventing the Next Housing Crisis

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via wharton: The kinds of loose-to-nonexistent mortgage requirements leading up to the financial crisis are not exactly making a comeback. But today some loans are brushing up close to the post-crisis regulatory lines meant to prevent a repeat performance. That is the view of Wharton real estate professor Benjamin Keysand fellow researchers who have designed a … Read more

ECRI Weekly Leading Economic Indicator

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via advisorperspectives: This morning’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 147.0, down 1.5 from the previous week. Year-over-year the four-week moving average of the indicator is now at -0.70%, up from last week and its highest in 23 weeks. The WLI Growth indicator is now at 1.35, … Read more

Bill Marshall: Top FBI Official Admits Under Oath That Obama White House Hid Elicit Clinton Emails

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Around 8:15 in the video: “I think the implication is that President Obama was fully aware that his Secretary of State was using an unclassified system to traffic classified information. And that would implicate him in any prosecution of Hillary Clinton. And I believe that is the ultimate reason and although there are many because … Read more

Is there FOMO in the stock market?

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by Troy The S&P is up 14 of the past 18 weeks. The NASDAQ is up 16 of the past 18 weeks. There is a sense of FOMO in the air. Meanwhile, real GDP growth remains solid, which directly flies in the face of the “economy is terrible” narrative. Go here to understand our fundamentals-driven long … Read more

“DHS Issues Waiver to Expedite Border Wall Projects in Yuma & El Paso” & Arizona (DHS.GOV)

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The Department of Homeland Security (DHS) issued two waivers, which will ensure expeditious construction of new bollard wall within the U.S. Border Patrol’s Yuma and El Paso sectors in Arizona and Texas. The projects covered by the waivers include up to approximately 53 miles of new bollard wall in place of dilapidated and outdated designs, … Read more