U.S. banks borrowed $475 billion last week, but look at the breakdown: – Large Banks: +$250B– Small Banks: +$250B– Foreign-Related Banks: +$25B Small banks borrowed the same amount as large banks. Relative to their size small banks borrowed TWICE as …
by BoatSurfer600 French protesters are blocking trains with effigies of Macron laid across the tracks
‘The surviving pilot recalled how during the taxi the pair were talking normally and his colleague, who was also a flight instructor, had remarked “looks good, there is nothing behind you”. His head then rolled back and the pilot, who …
by Infamous_Sympathy_91 It’s circular bear talk. Long term bond prices are low because no one wants to issue long term bonds at current rates. Short term bong prices are high because of rate hikes and people need cash. That means …
by Martin Armstrong Shelter costs have continued to rise in the US. Recent data provided by Redfin shows that the national average increased by 11% YoY this August. Costs are expected to decline as people simply cannot afford to pay …
H/T Chad P. Bown @ChadBown "Unless political relations between the United States and China improve—something neither side, especially China, shows any interest in—the energy sector may be a harbinger of things to come for agriculture and manufacturing." — Mike "Mish" …
The US dollar index at *106.04*, a 19-year high! The Euro is nearing parity, sinking down 1.26% to 1.035. This is a major breakout for the greenback as a result of this continued global flight to safety trade. pic.twitter.com/8PH7wOfMEm — …
https://twitter.com/leadlagreport/status/1517667572950441984 https://twitter.com/asymmetricalpha/status/1517665709106548741 Europe's Recovery Will Have to Wait: the war is a serious setbackThe economies of the European Union were generally on the right track but were anything but booming. Now, even this seems a thing of the past – …
https://ua.interfax.com.ua/news/general/807324.html Ukrainian retail chains withdraw from sale the products of the American company Coca-Cola Co. due to the continuation of its work in the market of the Russian Federation. Thus, the chains stop selling Coca-Cola, Sprite, Fanta, Schweppes carbonated drinks, …
by confoundedinterest17 Feeling hot, hot, hot. Housing, that is! US existing home sales in July rose to 5.99 million SAAR, beating expectations. But the inventory of home available for sale remains low by historic standards. The median price of existing homes declined …
China’s Global Times state-run newspaper lamented in a column Sunday that a full American withdrawal from Afghanistan would pose “grave challenges” to China’s ruling Communist Party, whereas U.S. investment in Afghanistan’s economic stability could yield economic benefits to China. China …
by confoundedinterest17 As I wrote at the beginning of The Fed’s quantitative easing (QE) ventures back in 2008, The Fed will never be able to “normalize” monetary policy. As we have seen, The Fed has all but quit rate hikes and …
by axolotl_peyotl Craig Murray is one of the few folks with a voice that has the courage to make such an obvious statement. via craigmurray: The chaos of this incoherent and counterproductive strategy is, peculiarly enough, what the neocons actually …
https://twitter.com/MehulD108/status/1073202307423236096 [RTRS] – U.S.-BASED LOAN PARTICIPATION FUNDS POST $2.5 BLN WITHDRAWALS OVER WEEKLY PERIOD; LARGEST WITHDRAWALS ON RECORDS DATING TO 2003 -LIPPER — Alastair (@StockBoardAsset) December 13, 2018 [RTRS] – U.S.-BASED CORPORATE INVESTMENT-GRADE BOND FUNDS POST $3.7 BLN WITHDRAWALS OVER …
by WhenImTryingToHide THE GAME DEVELOPERS The people who make the games themselves that people compete in will clearly be the benefactors of these trends. The challenge here is that the people who make traditional games may not be the same people …
by FS The following is a summary of our interview with Felix Zulauf, Founder and President at Zulauf Asset Management AG, which can be listened to on our site here or on iTunes here. After a pretty strong rally this year, the US dollar …
2013 FLASHBACK: Two Dems Warn NSA Violations Just ‘Tip of a Larger Iceberg.’ A pair of civil-liberties Democrats whom the White House tried to appease in a closed-door meeting warned today that fresh reports of thousands of privacy violations by the …
Josh Sigurdson talks with author and economic analyst John Sneisen about the recent news of the IMF deciding they will stay engaged in Greece. According to Christin Lagarde, the managing director of the IMF, the IMF will remain engaged in …
by DCG A manufactured temper tantrum trumps #BlackLivesMatter. From CBS Chicago: A violent span from Saturday afternoon to early Sunday left five people killed and 15 others wounded in 13 separate shootings, according to Chicago Police. They were the latest attacks in a weekend that …
by Dana Lyons Non-Commercial Speculators’ net-short position in VIX futures just spiked to its largest ever. The proliferation in exchange traded products (ETP’s) has certainly marked a new era of investment accessibility by the masses. Individual investors now have vehicles by …
by Dana Lyons Speculators in VIX futures are presently holding their largest net-short position ever. There’s little doubt that the current period will go down as one of the least volatile in market history. We mentioned a week ago that the …
by Pamela Williams Lets start by asking who is Dr. Evelyn Farkas? Singing like a canary on MSNBC recently about urging her former colleagues to “get as much information as you can, get as much intelligence as you can before …