Beijing orders manufacturing hub to stop producing economic data

via scmp: Authorities in Guangdong, nation’s manufacturing powerhouse, told all future purchasing managers’ indexes will be produced by National Bureau of Statistics Ruling comes ahead of what is likely to be tough start to 2019 for China’s economy as trade war bites China’s central government has ordered authorities in the country’s export hub, Guangdong province, to … Read more

Investors Are Piling Into Loans That Banks Have Avoided Since the Crash

via Bloomberg: What began guardedly, as traditional lenders retreated post-Lehman, has exploded into a financial-industrial complex rapidly approaching $1 trillion, with money streaming in from pension funds, insurers and hedge funds. It’s part of a decade-long borrowing spree that has swelled the world’s supply of credit to private businesses to 98 percent of gross domestic … Read more

U.S. student loan debt outstanding reached a record $1.465 trillion last month

via Bloomberg: The Bloomberg analysis found that loans issued about six years ago have the highest cumulative loss percentage compared to any other year since the financial crisis ended. This indicates that students who took a loan in 2012 have had a much more difficult time making their monthly payments compared to students who received … Read more

Stocks that are Rising/Falling And Why (17 December 2018)

by NaturalHedgehog   18% | [Fidelity Southern Corporation (LION)](https://bravos.co/LION) | Merging with Ameris Bancorp (Bank holding company) 13% | [Coeur Mining, Inc. (CDE)](https://bravos.co/CDE) | Mining stocks are rising on relief that the U.S./China trade war is not escalating (Mining) 11% | [Uxin Limited (UXIN)](https://bravos.co/UXIN) | Unclear, volatile against backdrop of deal with Taobao (Chinese used … Read more

US financial company stocks are officially in a bear market, banks quietly pull back from riskiest loans amid recession fears, China sees bankruptcies Surge

” Since its peak in late January, the S&P 500 financials index has fallen more than 20%—typically considered the threshold for the start of a bear market. Concerns about economic growth and the increasing cost of borrowing money may be making investors more pessimistic ” Goldman has been hammered! ​ https://qz.com/1497129/us-bank-stocks-are-in-a-bear-market-after-falling-more-20-from-their-peak/ China Sees Bankruptcies Surge; Bondholders May Get Less … Read more

Jan/Feb lows taken out $SPX… VIX wave 3 coming?

$VIX wave 3 coming? pic.twitter.com/PmZetGgPte — Alastair (@StockBoardAsset) December 17, 2018 Final resistance pic.twitter.com/aklxpgAOpg — Alessio (@AlessioTMAD) December 17, 2018 $VIX (daily) should be much higher pic.twitter.com/zfBxKosP99 — Alastair (@StockBoardAsset) December 17, 2018 $VIX >25 – Vol Funds Go Wild — Alastair (@StockBoardAsset) December 17, 2018 https://twitter.com/OccupyWisdom/status/1074768725067399169 Month and a half off. Tell = near … Read more

It’s happening again! Another day where spreads rise, market falls, commodities lose steam and dollar creeps up. This is not the Fed, not trade wars, not political.

Another day where spreads rise, market falls, commodities lose steam and dollar creeps up. This is not the Fed, not trade wars, not political. This is the hangover of a decade of global monetary excess. pic.twitter.com/5lPzMg4u5t — Daniel Lacalle (@dlacalle_IA) December 17, 2018 Small cap stocks enter bear market, with Russell 2000 benchmark down 20% … Read more

China’s Last Grand Stimulus Project

By Harry Dent I see China as the center of the greatest bubble period in modern history. The emerging world has been on an urbanization tear, especially since 1980, and China has led the way! But, it’s not done so with the two proven pillars of democracy and free market capitalism, which have made most … Read more

Developmental Stage No Longer Tolerates Domination

by SP   Charles posts an excellent and insightful essay on the downward mobility of the middle class as a cause of the “Yellow Vests” uprising.  He points out the economic forces. The middle class, virtually by definition, is not prepared for downward mobility. A systemic, semi-permanent decline in the standard of living isn’t part of the … Read more

Containers, Housing index and sales

by WARREN MOSLER Analyst Opinion of Container Movements Simply looking at this month versus last month – this was a terrible month. The three month rolling averages significantly declined. This is the first dataset I have seen which could be a self-inflicted wound from the trade wars. The three month rolling average for exports is … Read more

The Vaults Are NEARLY EMPTY: The House Of Cards IS COLLAPSING

David Jensen interviewed by Sean of SGTreport David Jensen emailed me recently to say “all hell is breaking loose in the Palladium markets” and as David explains it, the unallocated paper precious metals Ponzi scheme may come unraveled once and for all due to what’s happening at the LBMA right now with Palladium. The NYMEX vaults are down to … Read more

Marine Reservists Testify In Court About Being Attacked By ANTIFA Mob Thugs At ‘We The People’ Rally In Philadelphia Last Month

by Geoffrey Grider On the stand, Godinez said that he was “bewildered” by being called a white supremacist and immediately cried out, “I’m Mexican!” After that, as the attack continued, both men said that members of the group, including Keenan, repeatedly used ethnic slurs, including “spic” and “wetback,” against the marines. “The best way I … Read more

Something very weird with Google’s autocomplete, searching on google vs. duckduckgo

  Searching “Hillary Clinton e” produces no mention of email but the 1st autocomplete suggestion is emoji. Adding the m produces no results. Searching every other politician with “em” gives email as the 1st result. Taking the search to duckduckgo you get all the results you would expect when typing this in. I know they’ll … Read more

California abandons plan to tax text messages

From CNN Business: California regulators no longer plan to tax text messages. The California Public Utilities Commission said a new FCC ruling prevented the state from levying a tax on text plans. The state hoped to add new monthly fees onto wireless customers’ bills to increase funds for programs that bring connectivity to underserved residents. Regulators were scheduled … Read more

Media hype questionable gun control study

Dozens of news outlets reported that America has the most mass shooters in the world. Many say that shows America needs more gun control. From John Stossel: CNN claimed that “the U.S. has the most mass shootings”. The WSJ reported that “U.S. leads the world in mass shootings.” Nearly every major media outlet and former President Obama said … Read more

Nigel Farage just gave an OUTSTANDING Speech on Brexit, Gets a Standing Ovation

by Thinker “Deep state Europe is feeling the same effects as “deep state” USA…the people feeling the same way. Tried of being taxed to death in nations with corrupt leadership who “TRUTH” is showing they weren’t supporting and representing the people, but the profits for themselves and the corporations they’ve made it a point to … Read more

Taxpayers’ $101,000 includes In – Flight Pelosi’s “Food , Booze”-WND

Outrageous Taxpayer spending by the Left. What a piece of Garbage. It reads like a dream order for a wild frat party: Maker’s Mark whiskey, Courvoisier cognac, Johnny Walker Red scotch, Grey Goose vodka, E&J brandy, Bailey’s Irish Crème, Bacardi Light rum, Jim Beam whiskey, Beefeater gin, Dewars scotch, Bombay Sapphire gin, Jack Daniels whiskey … Read more