Big Reset Looms for Corporate Credit Market

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Market still blows off Fed, Treasury selloff, and volatility in stocks. “Leveraged loans,” extended to junk-rated and highly leveraged companies, are too risky for banks to keep on their books. Banks sell them to loan mutual funds, or they slice-and-dice them into structured Collateralized Loan Obligations (CLOs) and sell them to … Read more

Reality Check: Will Sanctions Against North Korea Really Work? Meanwhile, Saudi Arabia has killed 10,000 civilians in Yemen and hardly anyone has said a word.

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Ben Swann is back! Here he discusses the hypocrisy of the US’s foreign policy and how they selectively target certain countries and ignore others. “As bad as the NK government is, they don’t invade other countries, nor do we have reports of NK invading other countries.” https://youtu.be/qGLGF5rhJmw While the Korean people celebrate humanity at the … Read more

Retail Sales, Inflation Add Fuel to Fed’s Rate-Hike Trajectory, Treasuries Dive as Yields Surge

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But something funny happened on the way to the headlines. In describing the retail-sales data released today, words like “slumps” and “declines” kept cropping up in the headlines. This referred to the seasonally adjusted month-over-month data, so the percentage change from December retail sales (peak holiday selling season) to January retail … Read more

Democrats Expecting To Roll Over Republicans In 2018 Need To Look At These Numbers

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by Chris Black   According to a fresh-from-the-oven Politico-Morning Consult poll, the Republicans already overtook Democrats heading into midterms on a generic congressional ballot. This marks a premiere for the GOP , being the first time since April last year when more voters (39 percent respectively) prefer a GOP candidate, vs 38 percent opting for … Read more

Trump just ENDED the Most RIDICULOUS POLICY in AMerican History – Snowflakes Melt Nationwide

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https://www.youtube.com/watch?v=gNU9kw9Bypc Hank Berrien for the Daily Wire reports, The Department of Education has decided it will not investigate or interfere if transgender students complain they are barred from bathrooms that match their chosen gender, according to Buzzfeed News. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/27058/…    

INFLATION SURGE… REPORT: Trump endorses gas tax hike

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Consumer prices jump much more than forecast, sparking inflation fears The Consumer Price Index, a key indicator of inflation trends, jumped 0.5 percent in January, well above market expectations. Markets reacted sharply to the news, with stocks sliding and government bond yields rising. The Fed is watching inflation closely, so the report could add fuel … Read more

Those who believe the economy is about to lift off have it ass backward. The economy is on its final legs.

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Authored by Mike Shedlock via The Maven Interbank lending took a historic dive. Readers ask “What’s happening?” Let’s investigate. Note: The led-in chart in this article is inaccurate. For details please see Interbank Loan Series Update: Message From “Fred” However, the message that follows, still applies. Here is a better chart to reflect on. What’s going … Read more

It's Not Just Bitcoin — 'This Is The Everything Bubble'

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by SP It’s not just bitcoin — ‘this is the everything bubble,’ analyst Peter … Bitcoin activity suggests risk aversion is picking up, Peter Boockvar warns from CNBC. CNBC–2 hours ago “This is the everything bubble generated by seven years of zero interest rates and negative interest rates overseas and massive amounts of money printing. It shows … Read more

A 400 Year Chill in the Air

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Article in Wired Magazine details the cooling in 1000 AD transition form warm to cold by English monks and the changes in society that occurred because of that shift in solar output. All the while the UK Met Office puts out a report that the globe will warm by 1.0C over he next 5 years, … Read more

HAHA! Tree Huggers FREAKING OUT as Trump Again Puts Their WORST NIGHTMARE on the Table at the EPA

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https://www.youtube.com/watch?v=-xF3bUDLV-o Chris White for the Daily Caller reports, President Donald Trump’s new budget for 2019 proposes even steeper cuts to the Environmental Protection Agency than the White House sought during 2017’s proposal. Read More/Source/Credit/FairUse: http://dailycaller.com/2018/02/12/epa…

Interbank Lending Got CRUSHED! Fed Admits They Short Volatility! Here’s Why

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The banking system is a disaster. It’s all coming down when the central bankers decide to pull the plug. Do you think the Fed and other central banks are responsible for stock market fluctuations? Interbank lending got crushed. But don’t ask those in the financial establishments to acknowledge it. You need to understand what’s happening … Read more

Lynette Zang: It’s Inevitable – There WILL BE A Global Debt Reset

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Lynette Zang interviewed by Sean on SGTreport Lynette Zang from ITM Trading joins me to discuss the economy, precious metals and the storm that’s brewing. The criminal banks have stopped lending to each other because they know something is very wrong. Will  the masses realize it – or be told about it – before it’s too late? Probably not. … Read more

Fannie needs first U.S. bailout since 2012 after tax-cut loss

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From Joe Light at Bloomberg: Fannie Mae will request an infusion of taxpayer money for the first time since 2012 because of an unintended but anticipated side effect of the corporate tax cut signed into law in December. The mortgage-finance company, which reported fourth-quarter and full-year financial results on Wednesday, said it will need to draw $3.7 … Read more