Janet Yellen Suggests Strengthening The ‘Fed Put’

by Jesse Colombo In a speech in Hong Kong this week, former Fed chair Janet Yellen stated that “global central banks don’t have adequate crisis tools.”According to that logic, she believes that launching additional multi-trillion dollar rounds of quantitative easing and cutting interest rates into negative territory – two aggressive and controversial monetary tools that are … Read more

What AOC and Bernie Sanders don’t understand about ‘Free Education’

by Simon Black Bernie Sanders believes that FREE university education a “right, not a privilege.” His fellow Bolshevik, Alexandria Ocasio-Cortez, also believes that tuition-free university “forms the basis of human dignity” and should be provided for free by any “moral society.” They aren’t alone in holding these beliefs. A recent survey conducted by CNBC shows that … Read more

Widespread computer outage affects passengers on American, Alaska and JetBlue airlines

Passengers on American, Alaska and JetBlue airlines were greeted with travel hassles Tuesday morning due to a brief computer outage. Passengers couldn’t check in, and the boarding of flights was held up due to a technical glitch at airline reservations giant Sabre. The problem lasted about 30 minutes, American spokesman Ross Feinstein said. No flights on … Read more

PROSECUTOR WHO DROPPED CHARGES AGAINST JUSSIE SMOLLETT EXPLAINS DECISION:

‘We Didn’t Exonerate Him.’ Mediaite notes that New York Times Julie Bosman tweeted that Assistant state attorney Joe Magats said “he saw no problems with the police investigation or the evidence against Smollett. The charges against Smollett were dropped in return for his agreement to do community service, he said, and for forfeiting his bond to the city … Read more

Jussie Smollett is Receiving the Hillary Clinton Treatment

Jussie Smollett is Receiving the Hillary Clinton Treatment This may help you to understand: Jussie Smollett’s Sisters Worked for Barack Obama – Both Families Very Close – Video of Michelle Obama Dancing With Jussie Smollett   Tariq Nasheed Implies Jussie Smollett HOAX May Have Been Orchestrated by Top Democrat Politicians (the Obama family also Involved???) … Read more

Volatility Not Buying Up Latest Rally?

by Dana Lyons The volatility market gave a head’s up ahead of the recent stock market dip — but has the dip run its course…or is there more to come? Stocks got out of the gate like gangbusters again to begin last week. Well, at least the Nasdaq did. Specifically, the Nasdaq 100 (NDX) rose each … Read more

China Can’t Get Enough Of This Discounted Oil

By Irina Slav China is taking advantage of steep discounts for Iranian and Venezuelan crude to increase its imports from the two countries sanctioned by the United States, Bloomberg reports, adding that prices for Iranian and Venezuelan oil are at their lowest since November 2017. From Iran, China has been importing an average of 446,000 bpd, … Read more

Quinn Dam breached, flood warning issued! Large amounts of water may be uncontrollably released soon

RAPID CITY, S.D. (KEVN/KOTA TV) – With fears that a dam will collapse, the National Weather Service in Rapid City has issued a flash flood warning for several counties, now through 3:30 p.m. Tuesday morning, emergency management reported a breach in the Quinn Dam. Flash flooding is expected to begin shortly, especially if the dam … Read more

House effort to overturn Trump’s Veto on Wall Fails!

House voted today to overturn Trump’s veto on National Emergency and failed to come up with the required 2/3rds vote. Measure failed: Yeas: 248 Nays: 181 14 Republican traitors voted Yea. http://clerk.house.gov/evs/2019/index.asp   The House of Representatives failed to garner enough votes to override President Donald Trump’s veto of the resolution crafted to terminate his national … Read more

Unfunded Liabilities of State Pension Plans Now Total $5.9 Trillion+

via alec.org:   Unfunded liabilities in public pension plans continue to loom over state governments nationwide. If net pension assets are determined using more realistic investment return assumptions, pension funding gaps are significantly wider than even the large sums reported in state financial documents. Unfunded liabilities of state-administered pension plans, using a proper, risk-free discount … Read more

While CNBC told everyone recession fears, have decreased, and you should buy stocks – smart money dumped into the madness

While CNBC told everyone recession fears, have decreased, and you should buy stocks – smart money dumped into the madness pic.twitter.com/cwXbQJON3q — Alastair (@StockBoardAsset) March 26, 2019 https://twitter.com/OccupyWisdom/status/1110489039520579584 https://twitter.com/OccupyWisdom/status/1110183660911767553 Margin on stocks….and the Fed says there is no bubble. $15T in global QE and 0% rates and US debt $10T–>$40T and China $7T–>$40T and $5T … Read more

Singapore’s Top Law Firm Sees Cracks in Southeast Asia’s Credit Markets

Cracks are showing in Southeast Asia’s credit markets as struggling companies in troubled industries seek to repair their balance sheets, according to Rajah & Tann Singapore LLP, which manages the largest network of corporate lawyers in the region. The law firm, which has handled local units of Lehman Brothers Holdings Inc. and MF Global Inc. … Read more