Mortgage Debt Outstanding Surpasses 2008 Peak And The Quality Of The Corporate Debt Market Has Deteriorated Substantially

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Mortgage Debt Outstanding Surpasses 2008 Peak   The quality of the corporate debt market has deteriorated substantially since the financial crisis Before Campbell Soup sold $5bn of debt this month to fund its purchase of US snack-food maker Snyder’s-Lance, its chief financial officer told analysts that the company’s prized investment-grade status was safe. But it … Read more

CHINA FIGHTS BACK: TARGETS 128 AMERICAN PRODUCTS… US AND JAPANESE EQUITY MARKETS ARE IN FREEFALL

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China on Friday announced plans for reciprocal tariffs on 128 U.S. products that include pork, wine, fruit and steel. Beijing will take measures against the U.S. goods in two stages if it cannot reach an agreement with Washington. Commerce Secretary Ross: I don’t think we’re starting a trade war from CNBC. The world’s second-largest economy has … Read more

Kevin O’Leary On Trump Tariffs: Canada Still Not Safe

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Despite avoiding an imminent trade war with the U.S. over steel and aluminum tariffs, Canada should not be breathing easier, this according to Shark Tank star Kevin O’Leary. “I don’t think the long-term outcome of the negotiations is going to be better for Canada,” O’Leary told Kitco News. “For example, on steel, what will probably … Read more

BREAKING: Europe on Edge after what happened in their Parliament

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https://www.youtube.com/watch?v=uQZOJ0tY52M Chris Agee for the Western Journal reports, A partisan feud over a pending border deal led to an attack inside Kosovo’s parliament Wednesday morning. As CNN reported, members of an opposition party launched canisters of tear gas inside the chamber, resulting in an evacuation as lawmakers emerged wiping their faces. Read More/Source/Credit/FairUse: https://www.westernjournal.com/breaki…

Jim Rickards: SEVERE Market Drop Coming Sooner Than Later Will Cause The Fed To Flip-Flop

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by Jim Rickards via Daily Reckoning The Federal Reserve, under new chairman Jerome “Jay” Powell, raised the federal funds target rate 25 basis points today. It was Powell’s first significant move as the new chairman of the Federal Reserve. Let me first give my opinion of Jay Powell before weighing on the implications of today’s decision. I worked … Read more

Florida high school requiring clear backpacks, ID badges after shooting

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https://www.youtube.com/watch?v=TELdeRe1ito PARKLAND, Fla. — When Marjory Stoneman Douglas High School students return from spring break, they’ll be required by the local school district to use clear backpacks and wear identification badges at all times. Broward Schools Superintendent Robert Runcie told parents in a two-page letter about the security changes. It said the backpacks will be … Read more

Rand Paul… Omnibus Spending Bill contains…”The CLOUD ACT” which allows foreign gov’ts to demand data from US companies. Added to the “omni” without hearings, markups or amendments.

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If potus signs this shit we are fucked. I’m more than slightly pissed I’ve emailed POTUS about the OMNIBUS. Have you? whitehouse.gov/contact. here are the republicunts who voted for this mess http://clerk.house.gov/evs/2018/roll127.xml SAY NO and contact the White House to protest the “Omnibus Bill”…here’s the direct message link…. https://www.whitehouse.gov/contact/   h/t  RottingataDesk

Stay Away from This Crypto Bubble (For Now)

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By Harry Dent The crypto ship is sailing in rough seas at the moment. My advice? Stay away for now. Preserve your capital for after the major crash, and then pick winners from the bones. The bitcoin and cryptocurrency trends seem to be following the path the internet took back in the very late 1990s. That bubble came at … Read more

Hidden Audio: Broward County Teachers Caught Indoctrinating Students, Planning Illegal March

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A meeting between Parkland students and anti-gun activists mobilizing for the highly anticipated March For Our Lives event in Washington, D.C. this weekend was captured on hidden audio Tuesday evening in Broward County, Florida. The meeting, which was described as a non-partisan briefing for students, parents, and staff members from Marjory Stoneman Douglas High School … Read more

New spending bill to include provision allowing CDC to study “gun violence.” This is the first step in conspiracy of taking away your 2nd amendment rights.

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by URPerfect http://abcnews.go.com/Politics/spending-bill-stipulate-cdc-study-gun-violence/story?id=53920156 The main argument against such a study should be comparative to another article in the bill of rights, for example 4th amendment. Would a study into demographics of suicide bombers be beneficial for our search and seizure practices in which groups such as Muslims or Chechen widows would be subject to wire … Read more

Proof The American Dream Has Been Indefinitely Deferred

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An alarming new study finds that homeownership in the U.S. is rapidly becoming a thing of the past. via Alex Henderson For generations, homeownership and the equity that comes with it have symbolized the American Dream. But a recent study from the apartment search website RentCafe.com finds that in the aftermath of the Great Recession, homeowners … Read more

Albert Edwards Sees “Ice Age” Coming As Trade War Talk Heats Up

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via Mark Melin Perpetual bear Albert Edwards sees the ice age coming. The Societe Generale cross-asset research analyst looks at the Trump administration and considers the potential for a trade war amid competitive currency devaluation. While claiming that Trump is a rare politician in delivering on campaign promises if a trade war gets into full swing that ice age … Read more

Why Big Tech Is Not As Flush As It Looks

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by jessefelder Many have marveled at the massive amount of cash built up on the balance sheets of big tech companies in recent years. It’s truly astounding and almost incomprehensible. When you put together the assets of Apple, Microsoft, Cisco, Oracle and Intel the total recently surpassed a $1 trillion. (To put this astronomical number into … Read more