via scmp: The monthly home price index fell 3.5 per cent to 366.3 in November, up from 2.56 per cent in October Largest fall in a single month since November 2008 Prices of lived-in homes in Hong Kong saw the sharpest decline in a single month in November since the global financial crisis in 2008. The … Read more
via Bloomberg: U.S. investment-grade credit spreads are at the highest level in more than two years as the market nears the end of 2018 with the worst returns in a decade. High-grade bonds are returning -2.75 percent this year as of the start of the final trading day of 2018, which is the biggest loss … Read more
by markyu007 Retail had a rough 2018 — Here are five big name brands that went under from CNBC. David’s Bridal Sears Mattress Firm National Stores Gumps Brookstone Rockport Nine West Claire’s The Walking Company Bon-Ton Stores Kiko USA A’gaci https://www.cnbc.com/2018/12/31/here-are-the-retailers-including-sears-that-went-bankrupt-in-2018.html
by whoami-now I received one of these as a gift for $50. I activated it today only to find out that it is a checking account, and because so, I am required to enter personal information (by law) for the checking account. There is no other way to access the funds. Upon activation, I was … Read more
by confoundedinterest17 Jaoan once again joins Switzerland as having the world’s only negative 10-year sovereign yield. And Japan has a curiouly flat (and negative) yield curve at tenors less than 15 years whle the US sovereign yield curve is lumpy between 1 month and 2 years. All hail the shining light of global banking.
via france24: The eurozone is moving to stop printing 500-euro banknotes, the violet-coloured bills that authorities fear are favoured by criminals, with most of the 19 nations in the currency bloc to halt issuing them next month. “As of 27 January 2019, 17 of the 19 national central banks in the euro area will no longer … Read more
by GoldCore – Are we to prepare for a global Debt Bubble Collapse in 2019? – 2019 to see the political and economic uncertainty of 2018 continue and likely to deepen – Investors lulled into a false sense of security by politicians, brokers, bankers etc. – Much “cheer leading” of the “economic recovery” narrative and … Read more
h/t MakeFr0gsStr8Again
The same company that warned about Russia bots created them. The IRS has three thousand handguns. The government shutdown continues and Trump is tweeting like crazy why we need the wall. Obama is building a ten foot wall around his house and Kerry wants a wall around his French estate. Trump tweets out about Syria. … Read more
by Jon Rappoport Alert to pension fund managers all over the planet—and to everyone else— “If 1,000 US and global pension fund managers start asking questions it could change everything – like stopping a nuclear war.” That’s a statement from former US Assistant Secretary of Housing and Urban Development, and now president of Solari, Inc., Catherine … Read more
by AIsuicide Note: The following are some of the key audits the State Department decided to focus on…there is a very brief summary of their findings after each….pay attention to the Treasury Foreign Intelligence Network audit specifically. Table 1. Review of Reports Performed by the Department of the Treasury OIG Report No. Report Date … Read more
Via The Babylon Bee WASHINGTON, D.C.—Under intense pressure from their left-leaning constituents to do something about the dangerous, Christian-founded restaurant chain, Democrats in the House of Representatives unveiled legislation Tuesday that would make it a hate crime to eat at Chick-fil-A. The CFAHATE Act Of 2018 would make it a hate crime punishable by federal … Read more
via commondreams: Journalist Rania Khalek, whose video was restored after public outcry, says the ability of social media giants “to disappear content as they please” is “creepy and alarming and should be loudly opposed.” After the New York Times on Thursday published an exposé of Facebook‘s global censorship rulebook, journalist Rania Khalek called out the social media giant for taking down a video in which … Read more
Rep. Mo Brooks (R-AL) suggested on Sunday that the Democrats do not want to secure the southern border because they want to change the voting electorate in the U.S. through immigration. “It is a very tough position that the Democrats have put us in,” Brooks began. “On the one hand you have got thousands of … Read more
by Leading_Breath Awhile back I asked why Georgetown is attended by so many young elite. It tops this list I am still confused as to why it is such an important university. Am I wrong to assume Ivy League Universities are for “plebs” and the real elite attend other institutions? than again Malia Obama is … Read more
Sargon of Akkad was banned from Patreon. It seems like Patreon wants to blame the payment processors Paypal and Stripe for the ban without directly throwing them under the bus and hurting their business partnership. h/t salvia_d
The Fed just exposed why they are against cryptocurrency, it has nothing to do with criminals using it, it has to do with the decentralization, they don’t like that part of it, because if you remove decentralization and try to centralize it, it will not work in the world. The Fed is a disaster for … Read more
by TFittonJW Never seen anything like it:
by Orangutan More tax money going to elected officials. Alabama this time. What could this society’s potential be with a lot less of this corruption, theft and greed. via theweek: Sheriff Todd Entrekin of Etowah County, Alabama, lost his re-election bid this year after he was found to have personally pocketed $750,000 allotted for feeding inmates in county … Read more
BY SRSROCCO If history is our guide, we are on track for a severe market meltdown in 2019. While the U.S. broader indexes remained in record territory for most of 2018, December turned out to be a complete disaster for stocks. So, even though the markets have reversed higher from their Christmas Eve lows, this … Read more