“Leveraged Loans” Bite: Record-Bad Year-End for Loan Mutual Funds & ETFs

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Forced selling by loan funds in the once red-hot $1.3-trillion “leveraged loan” market. Part of the $1.3 trillion in “leveraged loans” — loans issued by junk-rated overleveraged companies — end up in loan mutual funds and loan ETFs. These funds saw another record outflow in the week ended December 26: $3.53 … Read more

WHERE WE ARE

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via @OccupyWisdom : 1/ OIL When the economy is doing well, there is a large demand for oil, and oil prices rise. The collapse in oil prices shows we are entering a global slow down. 2/ HOUSING Only 13% of Americans plan to buy homes next year. This is -50% less than a year ago. Single family … Read more

All is well. Credit argues otherwise. When Leveraged Loans Index rolls over – watch out stock market!

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All is well. Credit argues otherwise. pic.twitter.com/cGCelKZqeL — Jack (@JackPScott) December 28, 2018 When Leveraged Loans Index rolls over – watch out stock market! pic.twitter.com/M8IQSYZLMs — Alastair (@StockBoardAsset) December 28, 2018 The US Yield Curve has partly inverted. pic.twitter.com/tThH8mB2h7 — Holger Zschaepitz (@Schuldensuehner) December 28, 2018 Credit creation in the US, Japan and Euro area … Read more

Hillary Pushes for More War in Syria: Jimmy Dore calls out the unscrupulous warmongering Washington elite

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by axolotl_peyotl In a time when most politicians and Mockingbird MSM outlets have lost their collective minds and devolved into propaganda machines, it’s extremely refreshing to see “progressive” folks like Jimmy Dore call out the madness for what it is: sheer, unadulterated madness. Just as how the MSM revealed their true colors when they only showed support … Read more

Yahoo, AOL, and Gmail are caught red-handed trying to influence the 2018 election. “One Test, In Florida, 100% of Republican Rick Scott’s emails went to spam in Yahoo, while 100% of his Democratic opponent Bill Nelson’s emails went to our Yahoo inbox.”

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via imge: Is the world of email biased against conservatives? Many partisans often mutter such an accusation against Silicon Valley. Yet, few digital professionals take the time to investigate whether such a bold claim is true. Poor email deliverability doesn’t just suppress a candidate’s message, it decreases the engagement of campaign supporters. That means fewer donations, … Read more

You need to do 47 hours of minimum wage work today to get the same amount of purchasing power as 40 hours of work in 2009. — The erosion of the minimum wage.

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by User_Name13 How come the corporate media never mentions or factors inflation into the lives of regular people? They completely ignore it as if it doesn’t exist at all. If you aren’t getting a 2% raise every year to account for inflation than you are actually getting a paycut, because your wage is not keeping … Read more

President Trump Just EXPOSED Every Dems Worst Nightmare – What they REALLY Think About OPEN BORDERS

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Jim Hoft for the Gateway Pundit reports, President Trump spoke to reporters on Christmas morning. The president is working on Christmas Day while lawmakers are at home with their families. https://www.youtube.com/watch?v=14XQ0pJQH7c Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018… President Trump blasted the “open borders” Democrats during his discussion with reporters. President Trump: The people of this country want border security. … Read more

DEUTSCHE BANK CHAIRMAN SEES BANK WELL-POSITIONED FOR A CRISIS

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DEUTSCHE BANK CHAIRMAN SEES BANK WELL-POSITIONED FOR A CRISIS Ok then — zerohedge (@zerohedge) December 29, 2018 German recession looming over nation’s industrial backbone. More than half of Germany’s small and medium-sized enterprises think Europe’s biggest economy could contract next year. https://www.bloomberg.com/news/articles/2018-12-28/german-recession-looming-over-nation-s-industrial-backbone https://twitter.com/minefornothing/status/1078347224176779270 Deutsche Bank rout does not take Christmas holidays w/ DB stocks hitting … Read more

House probe of FBI-DOJ’s alleged anti-Trump, pro-Clinton bias hits unceremonious end — with no report

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Watch the latest video at foxnews.com House Republicans unceremoniously ended their investigation into the way the FBI and the Department of Justice handled Hillary Clinton’s email scandal and the bias allegations against President Trump. The House probe was led by the House Oversight and Government Reform Committee and the Judiciary Committee and sought to look … Read more

YellowVests continue in Paris for 7 weeks in a row … + France : Update : police teargas // City Rouen, Very Tensed : Bank in Fire

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LIVE:YellowVestProtests continue in Paris for seven weeks in a row BAC men beat up a Yellow Vest protester on the ground, Toulouse. Avignon nord super marché 29/12/2018 tensions at the super market Riot Control: French govt to buy more non-lethal weapons despite serious injuries they are now before a radio station shanting journalistst come down … apparently … Read more

Why Does the Fed Need to Raise Rate?

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by Martin Armstrong QUESTION: Hello Mr Armstrong I would like first to thank u for all the good information u give to us i have just a question : why do u write the fed need to increase rates to save the us pensionneers Not realy clear for me ( and maybe a lot of people) … Read more

The Ghost Of Christmas Future – A Frightening World Awaits Unless We Change Our Ways

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by Chris Martenson Here in the brief period between the winter holidays and New Year’s Eve, as a writer, I’m obligated to pen a few pleasant, cheerful reflections. But I have to confess, I’m just not feeling it this year. Peering into the future, I’m not seeing much that’s pleasant or cheerful. So here’s the best … Read more

Satanism comes to North Carolina State University as a student club

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by Dr. Eowyn William Nardi reports for The College Fix, Dec. 24, 2018, that a new student club, Satanic Students at NC State, just completed its inaugural semester at North Carolina State University (NCSU), a taxpayer-funded public university. According to the satanic club’s website: The mission of Satanic Students at NC State University is to 1) encourage … Read more

Record-Bad Year-End for Loan Mutual Funds & ETFs

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Forced selling by loan funds in the once red-hot $1.3-trillion “leveraged loan” market. Part of the $1.3 trillion in “leveraged loans” — loans issued by junk-rated overleveraged companies — end up in loan mutual funds and loan ETFs. These funds saw another record outflow in the week ended December 26: $3.53 … Read more