Feels like 2007 shit… Large banks aren’t able to fully offload junk loans to money managers

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Feels like 2007 shit Large banks aren’t able to fully offload junk loans to money managers pic.twitter.com/BckAgPP2IO — Alessio (@AlessioTMAD) September 21, 2022 ANALYSIS-Europe energy crisis may deepen with looming liquidity crunch | NASDAQ https://t.co/CJ1ynoLM9h — Alessio (@AlessioTMAD) September 21, 2022 Blackrock HY ETF hit the lowest since april 2020 They're ahead — Alessio (@AlessioTMAD) … Read more

The Interest Rate On Your Credit Card Just Hit An All Time High

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The interest rate on your credit card just hit an all time high. — zerohedge (@zerohedge) September 21, 2022 Americans go for cheap groceries stores pic.twitter.com/tI6XSQHlla — Alessio (@AlessioTMAD) September 21, 2022 The Fed's HFL–rates are going Higher, getting there Faster, and staying there for Longer.Among the market reactions:A (2s-10s) US yield curve inversion of … Read more

You know it’s bad in the UK when …

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https://twitter.com/WallStreetSilv/status/1572369747467173888 https://twitter.com/WifeyAlpha/status/1572613569522405376 Inflation in Europe is out of control. pic.twitter.com/CMhK8gerX4 — The Market Dog (@TheMarketDog) September 21, 2022 Well, pretty sure this week will be a make or break for the credit markets. iTraxx Crossover & iTraxx Europe are on the verge of breakouts. Credit spreads to follow… pic.twitter.com/dLwWwuv3uE — Heard on the Trading Floor … Read more

They Know That They Are Killing The Economy, But They Are Doing It Anyway…

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by Michael They know exactly what they are doing.  The “experts” that run the Federal Reserve know that if they dramatically hike interest rates it will cause countless American workers to lose their jobs and it will absolutely crush the housing market.  And even though those two things are already starting to happen, they just … Read more

The 41-Year-Old Self-Confessed Killer of Republican Teenager Cayler Ellingson Has Now Been Set Free After Posting $50,000 Bond on Tuesday

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by Chris Black Shannon Brandt, the leftist extremist who admitted to his role in the politically motivated slaying, walks free just days after the incident—a stark contrast to the story of right-wing protestor James Fields, who did nothing more than flee a mob of armed Antifa during the Unite the Right rally in Charlottesville, VA. … Read more

Some People are Still Under the Impression That Federal Courts in America are Serious

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by Chris Black This is clown world on steroids. US court orders Hezbollah to pay compensation over 2006 warhttps://t.co/ALXB0yW26Z — The Cradle (@TheCradleMedia) September 21, 2022 How about the death of 1,191 Lebanese and 4,409 others that were injured? Israel has not paid any of $856.4M compensations for the war (they invaded Lebanon), and neither … Read more

Fed Posting Isn’t a Meme

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by Chris Black Fed posting i a very real and very well funding government operation to ensnare those who are critical of the system. The establishment is desperate to convince the public that there is a ‘right wing terror threat’, and if there isn’t, the establishment will create one to fill the void in order … Read more

Brief Summary of Putin’s Address on 09/21/22

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by Chris Black 1) Partial mobilization has been announced: first of all, those who served in the RF Armed Forces have combat experience, etc. + those who are in the reserve. Mobilization activities start today 2) Mobilized receive the status of contractors and the corresponding salary 3) Russia will do everything possible to hold referendums … Read more

COMEX Stock Report: The Vaults are Still Bleeding Gold and Silver

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Guest Post by Peter Schiff from SchiffGold.com: This analysis focuses on gold and silver within the Comex/CME futures exchange. See the article What is the Comex? for more detail. The charts and tables below specifically analyze the physical stock/inventory data at the Comex to show the physical movement of metal into and out of Comex vaults. Registered … Read more

Two Easy Predictions: Wealth Tax and Windfall Tax

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by Charles Hugh-Smith Looks like we need another $500 billion or so. Hum baby! Predictions are hard, especially about the future, but two predictions are easy: 1) governments that do not yet impose wealth taxes will do so within the next five years and 2) governments will impose windfall taxes on all outsized unearned gains, from any source, … Read more

Pelosi intervenes on Brexit with fresh warning to UK after flying to Ireland for talks

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Joe Biden ally Nancy Pelosi has once again intervened in a Brexit row despite hopes of a resolution between the UK and EU. The Speaker of the US House of Representatives flew to Ireland to hold talks on the Northern Ireland Protocol https://www.express.co.uk/news/politics/1671659/nancy-pelosi-brexit-warning-uk-northern-ireland-protocol-latest Brit-hating Biden and his sidekick, old lush Pelosi, deliberately interfering in other … Read more

Problems being caused by Fed hiking: wider credit spreads, rising default risk, shrinking bond-market liquidity, and growing currency turmoil. Uh-Oh…..

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via Bloomberg: Excerpt: Strategists are looking beyond the key issue of inflation for other potential market metrics that may cause the Federal Reserve to slow its aggressive cycle of interest-rate hikes. An ugly August reading for US consumer prices last week cemented bets on a third straight 75 basis-point move when the central bank hands … Read more