Are The Financial Markets Rejecting The Fed?

by Rudi Fronk and Jim Anthony via Streetwise Reports On Wednesday, the Fed raised the Fed Funds rate by a quarter point as expected. The FOMC statement was suitably “dovish” by reducing the consensus forward guidance on future rate hikes from three to two. The Fed also signalled that its Quantitative Tightening program would continue on “autopilot” as planned. The … Read more

The Political Night Before Christmas

by Martin Armstrong ‘Twas the night before Christmas, when all through Capitol Hill Not a creature was stirring, not even a mouse; The stockings were hung for lobbyists to fill with care, In hopes that bankers soon would be there; The politicians were nestled all snug in their beds, While visions of Global Warming Taxes … Read more

Conservative HS Student Calls Democrats Out on Their Soft Bigotry of Low Expectations

Cassandra Fairbanks for the Gateway Pundit reports, CJ Pearson, a 16-year-old conservative high school student is once again going viral for a video rant in which he blasted the Democratic Party for their soft bigotry of low expectations. https://www.youtube.com/watch?v=7sAtQxVy5TI Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…  

The Mysterious Case Of Gareth Williams – Clinton Connection

Research sources: Clinton Hearing https://bigleaguepolitics.com/clinton… Boris Karpichkov double agent https://foreignpolicy.com/2012/06/18/… Above top secret clearance https://www.telegraph.co.uk/news/ukne… Memory sticks https://www.theguardian.com/uk/2012/m… Found in bathtub https://www.theguardian.com/world/201… https://theunredacted.com/gareth-will… Secret meeting with Mi6 and police https://www.telegraph.co.uk/news/ukne…    

Treasury Secretary Steven Mnuchin Has Scheduled An Emergency Call With The President’s Working Group On Financial Markets On Christmas Eve

by Michael Snyder If the financial markets are going to be just fine, then why did Treasury Secretary Steven Mnuchin make emergency calls to the CEOs of the six biggest banks in America on Sunday?  And if we don’t have anything to worry about, then why has he scheduled an emergency call with the Presidents … Read more

The Junk-Bond Market Just “Puked.”

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Risk is getting repriced. And rather suddenly. What are the real-world consequences? And how will it impact stocks? The Fed has warned about them, and investors fear a run-on-the-fund. Read…  $1.3 Trillion “Leveraged Loan” Boom Comes Unglued      

In Defense of Powell’s Restoration of Price Discovery

by Charles Hugh-Smith Relying on fakery and addictive stimulus is the acme of fragility and vulnerability. Let’s start with a chart of the S&P 500: Having become addicted to the Federal Reserve’s nearly free money for financiers and the infamous Fed Put, stock market players are now weeping and thrashing about in the agony of withdrawal as Fed … Read more

Krakatoa Alert: Another Eruption Could Potentially Kill Millions And Significantly Lower Global Temperatures For 5 Years

by Michael Snyder Because most Americans are so focused on preparations for Christmas, not a lot of attention is being paid to the massive disaster that just took place in Indonesia, and that is a huge mistake.  Anak Krakatoa has sprung to life, and there is a reason why it is known as one of … Read more

Selfish Lawmakers In Ohio Sneak Pay Raise In Last Minute Bill – Nearly $13,000 Increase

Tyler Arnold for the Western Journal reports, Ohio lawmakers are increasing their salaries from $60,000 to $73,000 annually by 2028. https://www.youtube.com/watch?v=dN-HccHXt6w Read More/Source/Credit/FairUse: https://www.westernjournal.com/ohio-l…   Ohio lawmakers are increasing their salaries from $60,584 to $73,167 annually by 2028. Members of leadership – who already receive additional money – will see an even higher increase. Senate … Read more

NFL In Trouble! No One Wants To Perform In The Super Bowl Halftime Show – Thanks To Kaepernick

Emily Zanotti for the Daily Wire reports, The National Football League is having a very difficult time finding acts to play the halftime show for the league’s annual Super Bowl — and musicians are beginning to call the prime time performance slot the “least-wanted gig” in music. https://www.youtube.com/watch?v=ECNvMHzLcEE Read More/Source/Credit/FairUse: https://www.dailywire.com/news/39415/…   The National Football … Read more

The Global Battle over Government Subsidies for Airlines

The US and EU slug it out with the United Arab Emirates and Qatar. By MC01, a frequent commenter, for WOLF STREET: In March 2014, EU Transport Commissioner sought a mandate from EU members to open talks with unspecified “Persian Gulf States” over “unfair airline subsidies,” following a formal joint request by the Dutch, French, and … Read more

Brief Encounters: beware the drones of Brexit

by John Ward Along a narrow lane one Spring Sunday, two blokes who’ve been staying overnight at a house party are taking a walk, and breathing in the quiet solitude, leafy glades and fresh air of the Kent countryside. As seems somehow inevitable these days, they fall to discussing Brexit. The Brexiteer (an expat) declares himself … Read more

RAND PAUL DROPS SOME TRUTH BOMBS ON CNN

Rand Paul was right on all counts, the talking head didn’t look too pleased about it though. He makes the presidents decisions seem so common sense as opposed to going through the military channels of 10% stand down over 10 years, unless something bad happens. Why leave a trip wire in Syria that will only … Read more