ALL IS WELL

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by Jim Quinn Mnuchin later stopped by several survivalist stores to stock up on freeze-dried food, gas, and ammunition before heading off to his office in Cheyenne Mountain. https://t.co/qSLEOeigQv — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) December 23, 2018 Secretary Mnuchin convened individual calls with the CEOs of the nation’s six largest banks The banks … Read more

Something Wicked This Way Comes. Is it the Fed? Is it the President? Is it the Treasurer?

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by David Haggith Make no mistake about it, there’s real fear and panic out there as markets are dislocating to the downside…. But note that on many charts we are showing 2008/2009 like conditions, something that is entirely inconsistent with the earnings and economic data we’re still seeing: It’s almost as if markets are pricing in a … Read more

HILLARY CLINTON SCOLDS TRUMP OVER SYRIA, EXPLAINS WHY WE NEED PERMANENT WAR

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SOURCE: CHRIS MENAHAN, INFORMATION LIBERATION Hillary Clinton gave a full-throated defense of the war machine Friday on Twitter while attacking President Trump for moving to pull out of Syria. The Resistance icon said: “Actions have consequences, and whether we’re in Syria or not, the people who want to harm us are there & at war. Isolationism … Read more

Are The Financial Markets Rejecting The Fed?

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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

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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

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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

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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

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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.”

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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

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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

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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

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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

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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

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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