The market is in a rolling correction; Regulators encourage banks to buy Credit-default swaps as protection from shocks?

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dip buyers are coming in for the 20th time — still haven't figured out that market is in a rolling correction. pic.twitter.com/w25fQ51qrR — Alastair (@StockBoardAsset) November 15, 2018 Why are running corrections deadly (in both directions) here is an explanation. #ES_F $SPX #SPX pic.twitter.com/HLRB25ycZc — mcm-ct.com (@mcm_ct) November 15, 2018 https://twitter.com/Genek12/status/1063096623075680256 AN ACTUALLY LETHAL DEATH … Read more

Inflection Point: Shipping rates are crashing again, crude crashed, bitcoin crashed, stocks crashed last month, commodities are in turmoil, etc…

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Shipping rates are crashing again, crude crashed, bitcoin crashed, stocks crashed last month, commodities are in turmoil, etc… Why is all happening in "the greatest economy ever." Could markets be at a turning point? I think that is a high probability pic.twitter.com/OYr95g7kOh — Alastair (@StockBoardAsset) November 15, 2018 https://twitter.com/hks55/status/1062837181209817088 Philly and NY Fed manufacturing surveys … Read more

CROWDFUNDING IS THE LEFT’S NEWEST POLITICAL WEAPON

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It shouldn’t come as a surprise to anybody but have you noticed how lefties have recently turned to sites like GoFundMe on the Internet to raise millions of dollars for their causes? “Online platforms such as CrowdJustice, GoFundMe, and CrowdPAC, among others, have drawn in millions for political activism and progressive causes. Funds have been … Read more

What are the economic implications of Brexit?

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by Shaun Richards Today there can only be one subject although as ever I will avoid the politics as much as is possible. Anyway at the current rate of progress anything on that subject would be out of date before I finished typing! At least in a world where the Brexit Secretary resigns over the … Read more

Theresa May is going nowhere, her Whips are going mad, and I’m going on holiday

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by John Ward It has been glaringly obvious for months that any Chequers-style deal the Prime Minister could get through Brussels and the UK Cabinet would be too Leave for the Remainers – and too Remain for the Brexiteers – in Parliament. Her Whips claimed yesterday to be “confident” the Draft Agreement will pass. Their duty is … Read more

NYC Goes Meltdown Ape**** Over Amazon HQ2 in LIC Subsidies and Footing the Bill for Bezos’s Helipad

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https://www.youtube.com/watch?v=gTRwmrN9uqQ New Yorkers are infuriated the only infrastructure improvement they will see from the city’s deal with Amazon is apparently a helipad for Jeff Bezos and his lieutenants at HQ2 (and-a-half). It’s not the biggest item in the memorandum of understanding outlining the $1.5 billion incentive package, but it is laid out in detail in … Read more

Larry Kudlow: Trump changed the entire psychology of this country

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https://youtu.be/dgMmnTHdZl0 President Trump Remarks on Prison Sentencing In the West Wing’s Roosevelt Room, President Trump delivered remarks on the “First Step Act,” which would make changes to sentencing and prison laws. He said the legislation would reduce crime and allow a second chance for people coming out of prison. The House had passed the bill, … Read more

Here we go! “DEMOCRATS ALREADY TRYING TO RAM THROUGH NEW GUN CONTROL BILL – HR7115”

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https://davidharrisjr.com/social-and-political/democrats-already-trying-to-ram-through-new-gun-control-bill-hr7115/ DEMOCRATS ALREADY TRYING TO RAM THROUGH NEW GUN CONTROL BILL – HR7115 The new Democrat majority in the House of Representatives won’t be sworn into office until January, but that hasn’t stopped them from getting a jump start on their anti-freedom agenda –namely, legislation that attacks gun owners and the firearms industry and places … Read more

The press functions as a guild. It’s not defending the First Amendment — and it’s happy to flush your First Amendment rights — it’s defending guild privileges.

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NINA BOOKOUT: Ted Olson Is Wrong, It’s About Acosta’s Behavior NOT The First Amendment. The press functions as a guild. It’s not defending the First Amendment — and it’s happy to flush your First Amendment rights — it’s defending guild privileges. In the unlikely event Trump loses this suit, he should move the press room across … Read more

President Trump’s DHS, Which Is Urging Americans To BECOME Preppers!

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by Thinker While not a single story turned up about this recent announcement by President Donald Trump within the mainstream media and only a few within the independent media, President Trump has declared the month of November to be the ‘National Critical Infrastructure Security and Resilience Month’. As Department of Homeland Security Secretary Kirstjen M. Nielsen … Read more

4 resignations and counting: May’s government ‘falling apart before our eyes’ over Brexit deal

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https://www.youtube.com/watch?v=D0neRtW0w9E Four high profile resignations have followed on the heels of Theresa May’s announcement that her cabinet has settled on a Brexit deal, with Labour claiming that the Conservative government is at risk of completely dissolving. https://www.rt.com/uk/444050-brexit-resignations-may-deal/ https://www.youtube.com/watch?v=8Xn_Hk8aTrY

CORRUPTIFORNIA: Diane Feinstein’s Husband Wins Near Billion Dollar CA High-Speed Railway Contract; Praying this has nothing to do with CA fires

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by NotStarvingActress https://twitter.com/JodyICEMANJames CA has been talking about high-speed railway since forever. Issue is it’s not going to be profitable. Update: questions have been raised as to whether or not Richard Blum still owns a substantial or any interest in Tutor Perini. A number of published accounts, in addition to those cited, claim he does. This report indicates he sold … Read more

Trump lawyers, CNN square off in federal court in Jim Acosta case… Great for ratings!

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Judge in CNN v. Trump case says he will rule on Thursday Washington (CNN)The first hearing in CNN and Jim Acosta’s federal lawsuit against President Trump and several top White House aides ended with the judge saying that he would rule on Thursday. CNN and Acosta are alleging that the White House’s suspension of his press pass … Read more

I Read The News So You Don’t Have To – Market News (Nov. 15, 2018)

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by ogordained UNITED STATES Consumer prices rose 2.5% in October, in line with expectations Low oil prices have driven down future inflation expectations Rent prices have been slowing after a 2017 peak  Despite wage increases, mortgage applications continue to slow Donald Trump announced his support for criminal justice reform, including reducing minimum sentencesfor non-violent drug offenses and increasing spending to combat recidivism rates OTHER In contrast with recent negative press, the IMF expects global growth to continue … Read more