via Yahoo: (Bloomberg Opinion) — Joerg Boche is arguably the most important person in Europe’s corporate debt market right now (with apologies to Mario Draghi). As the group head of treasury at Volkswagen AG, his decisions on the company’s funding are critical not just to the German autos giant but to European corporate credit … Read more
by Chris Well, it turns out that the futures pop in the overnight “”markets”” could not be sustained and the indexes are selling off in today’s half-day, holiday market. Steve Munchin [sic] yelled “Fire!” in a crowded theater and then tried to pretend it didn’t mean anything. Just testing, ya know? Meanwhile, various popping rivet … Read more
by Chris Be sure to give the receipts with your gifts. May be a lot of turning them in for cash. Looks like Munchkin’s ill-conceived efforts to spread calm on Xmas eve backfired. Who knew? Who could have predicted that answering a question about bank liquidity sufficiency that nobody was asking (except for those of … Read more
by Michael Snyder This is definitely not the gift that investors wanted for Christmas. On Monday, the Dow Jones Industrial Average plunged 653 points as panic swept through Wall Street like wildfire. That represented a 2.9 percent daily decline, and that made it the worst Christmas Eve for the Dow ever recorded. Incredibly, the previous record … Read more
David Rothschild Has Twitter Meltdown Over Trump’s Attacks on the Fed David Rothschild Verified account @DavMicRot > Replying to @DavMicRot Apparently I need to brush up on anti-Fed conspiracy theory, but gold-standard would be terrible for standard-of-living for working Americans: just add more uncertainty in market and take away American’s ability to use monetary policy … Read more
via Jeremiah Johnson: Over the course of the past few years and several winters past, I have written articles on the importance of water supplies and food during the winter months when traveling. The bottom line is that most of us are in a vehicle and/or away from home much of the day, whether winter or summer. Winter … Read more
Awr Hawkins for Breitbart reports, Chicago Tribune editorial board member Steve Chapman observes that gun control is not the solution to American firearm deaths because no amount of gun control will stop suicide, which is the driving force behind such deaths. https://www.youtube.com/watch?v=OLk7Z4-okno Read More/Source/Credit/FairUse: https://www.breitbart.com/politics/20…
Art of The Deal In Action! Carmin Chappell for CNBC reports, President Donald Trump will attend the World Economic Forum’s annual meeting in Davos, Switzerland, in January, the White House announced on Tuesday. https://www.youtube.com/watch?v=pi1I27E3sok Read More/Source/Credit/FairUse: https://www.cnbc.com/2018/12/18/white…
Jim Hoft for the Gateway Pundit reports, Author and historian Victor Davis Hanson joined Tucker Carlson on Tuesday night after the Flynn court hearing today. https://www.youtube.com/watch?v=MOltx_ywj1w Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
by DCG Strict gun control laws don’t even work during the Christmas season. From MyFoxChicago: Sun Times Media Wire – At least 23 people in Chicago were shot, one fatally, since the weekend began Friday evening. The murder occurred outside a club early Saturday in the West Englewood neighborhood on the South Side. A 32-year-old man was … Read more
by TFittonJW My appearance last night with Judge Jeanine: James Comey making headlines again this week, defending the FBI’s interview of Michael Flynn. Judicial Watch President @TomFitton joined me to discuss that and more: pic.twitter.com/6m8jTyOVzt — Jeanine Pirro (@JudgeJeanine) December 23, 2018 Major piece on the corrupt FBI by my colleague Chris Farrell: https://dailycaller.com/2018/12/20/fbi-counterintelligence-trump
by Dave Kranzler of Investment Research Dynamics Bloomberg posted an article this morning describing the Collateralized Loan Obligation market as “Wall Street’s Billionaire Machine.” But I seem to recall that the CLO market was one of the financial nuclear bombs that blew up and triggered the financial system de facto collapse in 2008. Well, it’s back – with a vengeance. … Read more
via CNBC: Even with mortgage rates at the lowest level in three months, homebuyers are pulling away from the housing market. Mortgage application volume fell 5.8 percent last week from the previous week, according to the Mortgage Bankers Association. Volume was 17 percent lower than a year ago. Even with mortgage rates at the … Read more
via nysun: Coming soon to a public television station near you is a documentary favoring the gold standard. If that seems improbable it may be from underestimating the determination of Steve Forbes. He is the author of the book “Money,” on which the film is based. The book is about how, in the words of its … Read more
via CNBC: Currently, fewer than a quarter of student loan borrowers are repaying their principal, or what they originally took out, according to recent remarks made by Education Secretary Betsy DeVos at a conference on financial aid. That’s because their monthly payments are just going to the interest accumulating on their debt, or they’re not … Read more
The chairman of a leading Chinese state bank on Sunday warned Chinese investors not to buy property now because “there’s no money to be made” due to high prices and alarming vacancy rates. Tian Guoli, the chairman of China Construction Bank, which provides mortgage loans to millions of Chinese households, said that the room for … Read more
Clearly a forced liquidation going on and appears likely that someone like @GoldmanSachs is doing to buying — mcm-ct.com (@mcm_ct) December 24, 2018 SP500 now within 1% of entering stock market #crash mode — Keith McCullough (@KeithMcCullough) December 24, 2018 If you blame #Powell for this, you are only looking for an easy -and wrong- … Read more
by randomdood81 For a guy who was so worried about our debt under Obama, as soon as his party takes control, he passed a $2 trillion tax give away to the wealthy. This so called “fiscal conservative” has ballooned our debt to over $21 trillion, with a record $1 trillion yearly deficit. All this in a … Read more
Occupy Wall Street stopped because of unnecessary mass arrests and police violence against peaceful protesters. The same is happening to the yellow vests in France. The militarization of our police and the empowering of the intelligence agencies, have all been about preparing to put down uprisings. Snowden tried to warn us, but few listened… via medium: … Read more