MBA data weak, flattening 2s10s, China money numbers not encouraging….

MBA data weak pic.twitter.com/5K9li80HU7 — Alastair (@StockBoardAsset) September 12, 2018 trade war should continue flattening 2s10s — next ff hike inversion? pic.twitter.com/gppzE4mrmF — Alastair (@StockBoardAsset) September 12, 2018 Ouch! #China money numbers just out for August. Not encouraging. #economics pic.twitter.com/0C8MTFHscv — Jenna & John (@StrategicBond) September 12, 2018 https://twitter.com/FerroTV/status/1039808679636332545 https://twitter.com/DavidInglesTV/status/1039684672580513792 Producer Prices Unexpectedly Drop For … Read more

The ingredients for every major Bear Market since 1929

https://twitter.com/OccupyWisdom/status/1039811807643426816 https://twitter.com/OccupyWisdom/status/1039809283460882432 Leveraged loans are now being packaged into collateralized loan obligations and sold to investors. Sound familiar? And the CLO market has grown to match the size of the CDO market at its pre-crisis peak. https://t.co/Af7cLVvN8p pic.twitter.com/ZOVLXPu7Je — Jesse Felder (@jessefelder) September 11, 2018 https://twitter.com/OccupyWisdom/status/1039706068350377984 https://twitter.com/OccupyWisdom/status/1039649871094054920

South Korea’s major banks are summoned by the National Assembly audit on charges of interest rate manipulation and job corruption.

by cjsseedcjs South Korea is pushing banks to freeze the benchmark interest rate and lower interest rates. And it is investigating banks on charges of interest rate manipulation and demanding that they return unjust interest gains. Korean banks are losing their share prices despite record-high performance. http://www.meconomynews.com/news/articleView.html?idxno=17100

Global stocks are little changed this morning following rumors that the ECB has lowered growth forecasts

via QuantalyticsResearch: US Stocks Global stocks are nominally positive this morning, with a bid into tech stocks ahead of the Apple (AAPL) iPhone refresh US stock index futures are little changed ahead of the open in NY with the Dow Jones minis +0.09%, S&P500 minis +0.09% and Nasdaq 100 minis +0.23% Apple (AAPL) is to unveil its Fall … Read more

HEADS UP: Central Bank Domino’s Falling!

The global contagion has begun. At this writing thirteen fiat currencies are imploding, and currency markets no longer seem to be listening to the central bankers as any intervention has a very short or no impact at all. What the globalists feared, is now coming to pass. In my opinion, we have just entered the … Read more

Juncker plans to send thousands of extra guards to police EU borders

https://youtu.be/s9P9IprfwhE European Commission President Jean-Claude Juncker has unveiled plans to recruit 10,000 staff to the EU’s coastguard and asylum agency to improving border policing and speed up the deportation of illegal immigrants. The proposals come as EU nations argue over who should take responsibility for people rescued in the Mediterranean Sea trying to seek better … Read more

CHANGE: The Government May Want to Buy Your Dying Mall. “Local governments worry that dying malls will blight the landscape, so they are buying them up.”

via WSJ: While malls in wealthy neighborhoods continue to attract shoppers and tenants, growing government involvement with shopping centers in less affluent areas is another sign that private investors may be losing interest in the worst performing malls, even ones that can be had at cheap prices. “It’s a new issue,” said Thomas Dobrowski, executive … Read more

WHY ARE DEMOCRATS SO VIOLENT?

California Man Arrested After Trying to Stab GOP Candidate, Police Say: California man Farzad Fazeli was arrested Tuesday for allegedly trying to stab a congressional candidate at a fair on Sunday, police said. Local media identified the candidate as Republican Rudy Peters, who is challenging Democratic Rep. Eric Swalwell in November. Peters survived serious injury thanks to a … Read more

WHY ARE FAMOUS LEFTISTS SO FULL OF THEMSELVES AND SO MEAN TO THE LITTLE PEOPLE?

When Professors Think They’re Rock Stars. “There is a whole dissertation to be written on intellectuals using the word neoliberal to mean ‘rules I shouldn’t have to follow.’” Plus: “Just as in the communist and socialist regimes that academics so admire, the universities all have an elite class at the top (permanently installed thanks to tenure), while the … Read more

If you believe 99% of “journalism” is propaganda, gaslighting, mistaken or trying to sell you something you’ll never go wrong.

WHY WAS DISCO EVER POPULAR? BLAME FAKE NEWS: As Mike Konrad writes at the American Thinker, the media cooked the books long before it amplified Hillary’s “fake news” meme to explain away her defeat: Three months before disco’s demise, a Newsweek April 2, 1979 cover confidently proclaimed that disco had won the culture wars.*  Rock ‘n’ roll was dead.  But a few months later, by … Read more

VICTOR DAVIS HANSON: The Circus of Resistance.

via amgreatness: After the latest hysteria dies down, this chapter in the ongoing psychodrama will be revealed for what it is: a fantasy of a wannabe coup that is not going to happen. The commentariat’s silly claim that the op-ed was “extraordinary” and “newsworthy” is laughable. There are hundreds of “senior officials” all throughout every presidency, … Read more