Laura Loomer: Tech Execs LIED Under Oath to Congress About Suppressing Conservative Content

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Alicia Powe for the Gateway Pundit reports, Investigative journalist Laura Loomer blasted executives of Google, Facebook and Twitter for lying to Congress about suppressing conservative content and censoring Trump supporters in an exclusive interview with The Gateway Pundit. https://www.youtube.com/watch?v=06HCeSztxXQ Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…   “More conservatives need to actually take a stand against social media censorship. … Read more

Investors Now View Chinese 1-Year Debt as Less Risky Than American 1-Year Debt

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via confoundedinterest: (Bloomberg) Here’s another reason Donald Trump is “not at all happy with the Fed” and will continue to be frustrated by the world’s No. 2 economy. He is the first president to suffer the new normal of China becoming more creditworthy than the U.S. That’s right: America now pays more to borrow money than China does. Since … Read more

No Going Back: Once QE Has Been Done Once, It Will Never Be Permanently Ended

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via creditbubblebulletin: December 13 – Financial Times (Chris Giles and Claire Jones): “When the European Central Bank switches off its money-printing press at the turn of this year and stops buying fresh assets, it will mark the end of a decade-long global experiment in how to stave off economic meltdowns. Quantitative easing, the policy that aims … Read more

BIS Warns on Clearing System “Financial Seizure” Risk From $540T in Derivatives

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via telegraph.co.uk: The pillars of the global financial system are fundamentally unstable and could lead to a frightening chain-reaction in the next crisis, the world’s top watchdog has warned. Giant “central counterparties” (CCPs) that clear much of the $540 trillion (£428 trillion) nexus of derivatives are themselves vulnerable to failure in times of extreme stress. This is … Read more

Why, in the End, Powell Will Let the Stock Market Dictate His Policy

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via themacrotourist: It seems like a lot of hard-money-hawks were caught off guard by last month’s dovish shift by Powell. I have had more than a couple of conversations with different market participants who have expressed disbelief about how quickly Powell abandoned his tough “we-won’t-let-market-conditions-influence-our-monetary-decisions” policy. These Powell-disciples are rightfully feeling a little betrayed. After all, … Read more

IMF: Trade War Hurting Global Growth, May Cut Expectations a Second Time; “Conflict Gauge”: Dalio’s Proprietary World Stress Meter at Highest Level Since 1940s; Bloomberg: “The Bubble’s Losing Air. Get Ready for a Crisis”

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Bloomberg: “The Bubble’s Losing Air. Get Ready for a Crisis” “The ‘everything bubble’ is deflating. The fact that it’s happening relatively slowly shouldn’t blind us to the real threat: The world is dangerously underestimating how hard it’ll be to deal with the fallout once it pops.” The S&P 500 is on pace for the worst … Read more

Why Portfolio Theory Suggests Allocating Gold

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From Birch Gold Group This week, Your News to Know rounds up the latest news involving the gold market and the overall economy. Stories include: What portfolio theory says about gold, central banks go big on gold, and silver to reach $18 in 2019. What portfolio theory says about gold In a recent analysis, Seeking Alpha contributor Logan … Read more

Beijing orders manufacturing hub to stop producing economic data

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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

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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

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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)

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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

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” 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?

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$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.

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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

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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

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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

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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