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by Egon von Greyerz Brexit, Quitaly and Grexit. Debt Defaults, Stock Shocks, Bond Bubbles, Properties Popping, Derivative Defaults and Banks Busting. Well that is just some of the events that twill take place in the next few years. But the world is living in ignorant bliss of what is coming next. As the song tells us: … Read more
By Lance Gaitan All signs pointed to a quarter-point rate hike coming from the Federal Reserve’s monetary policy arm, the Federal Open Market Committee (FOMC). That’s exactly what we got after its two-day meeting ended yesterday. The rate hike applies to the overnight federal funds rate that banks pay for borrowing to meet their reserve requirements. … Read more
by Thinker San Juan Mayor Carmen Yulín Cruz infamously picked a fight with President Trump in the aftermath of Hurricane Maria last year, the storm that devastated Puerto Rico. The official death toll was 64, but Gov. Ricardo Rossello suggested the actual number is higher. President Trump signed a $36.5 billion aid package for the … Read more
The IG report is just like Comey’s press conference where he lays out every crime committed in intricate detail, then ends by saying, “No bias, nothing to prosecute here, move along” AC
by Thinker The change for a new world order creating a mirror image effect on the people, and one organization to decide who gets in and who doesn’t. How can the Pentagon take on another task investigating people, when they can’t find over $9 trillion lost/misplaced/don’t know where it went funds. Who will be losing … Read more
ALL FBI ANTI-TRUMP Text Messages Visualized as Actual Texts! EASIEST WAY TO SHARE! Incredibly creepy that we can have such blatant proof of treason and the bureaucrats can brush it off with “we’ll do better” “we’ll train our people” (on how not to get caught in 2020), etc Seems to me that the swamp could … Read more
https://www.youtube.com/watch?v=cLpeR5D5YTE Jim Hoft for the Gateway Pundit reports, Rep. Mark Sanford ran against Pro-Trump Republican state Rep. Katie Arrington in the Republican South Carolina primary. Sanford lost on Tuesday in the GOP primary. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
Remember when she blamed Trump for the lackluster aid delivery?: http://archive.is/MqubD
The so-called ‘legal Dreamers’ are the children of foreign workers here in the country legally, but unlike the illegal ‘Dreamers’ — they lose all of their legal status when they turn 21-years-old. One America’s Neil W. McCabe has more from Washington.
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Why is anyone still lending this government any money? Today the Argentina peso plunged another 5.5% against the US dollar. It now takes ARS 27.7 to buy $1. Over the past 16 years, the peso has gone through waves of collapses. This collapse began on April 20. The central bank of Argentina (BCRA) countered it … Read more
BY PATRICK WATSON The US economy is growing but corporate profits are not, according to data released last week. That’s disappointing for stockholders. On the other hand, we just saw a string of years when profits outpaced economic growth by a mile. So, the two figures can diverge for a long time… but not forever. In the long … Read more
The PE firm as global landlord. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Private equity firm Blackstone, the undisputed king of property funds, continues to bet big on global real estate. In the last week it raised $9.4 billion for Asian real estate. It was also given the green light to acquire Spain’s biggest real estate investment fund … Read more
by Thinker While trading desks are scrambling to goalseek the Fed’s clearly hawkish statement into a dovish speech by Powell, in order to keep the Koolaid flowing at least a bit longer and stem today’s bloodletting, one potential catalyst that could send the dollar even higher is a confirmation from the WSJ of what Politico … Read more
Subprime goes to the Toronto condo market. By Stephen Punwasi, Better Dwelling: A few weeks ago, a real estate agent told me about his client. Relatively wealthy older dude, closed on not one but two townhouses he plans on flipping. After some questions regarding who financed such a deal, he explains it was a private lender. … Read more
“I have initiated the destruction of the republic” Both said by FBI employees! Go to 42 minutes. AC
https://www.youtube.com/watch?v=EgXkWAAdNZE President Trump shocks reporters with unexpected press conference trashing James Comey and Barack Obama.
by dreamingofaustralia I used to work for AT&T but sold my shares at the beginning of this year. The dividend is great – but the stock has lost a decent amount in the past few years. Having sometimes worked with the current executives, I know they have some very talented people, but they also have HUGE … Read more
. High exposure to sovereign debt (between 10 and 20% of total assets) . Lingering non-performing Loans (c€1 trillion) . ROIC below WACC . Poor ROTE The Problems of Eurozone Banks Go Far Beyond ECB's Low Rates: . High exposure to sovereign debt (between 10 and 20% of total assets). Lingering non-performing Loans (c€1 trillion). … Read more
Here is the original. https://foia.state.gov/searchapp/DOCUMENTS/HRCEmail_SeptemberWeb/O-2015-08632-180/DOC_0C05781310/C05781310.pdf h/t shortadamlewis
So the DOJ is compromised, the FBI is compromised, the CIA is compromised, and basically the entire Government agencies are compromised. https://youtu.be/Y9wrVzsn7ew Radio host Mark Levin, host of “Life, Liberty and Levin” Sundays on Fox News Channel, said the inspector general’s report into DOJ and FBI actions in the Hillary Clinton email campaign shows election … Read more