Spreading the truth. Empowering the people.
Overnight I caught this….. That is not a glitch and you are reading that right.. a negative rate Treasury bond! Later on it did go up slightly into the positive … Read more
323 Billion Dollars on PORK SPENDING….. ALL of Pelosi family got pork money Earmarks, pork barrel projects and US government and civics | Khan Academy h/t SunshineGirl
by visualcapitalist During the onset of an economic crisis, national governments are thought to have two chief policy tools at their disposal: Fiscal Policy How the central government collects money through … Read more
Trump to buy oil for strategic reserve to aid energy industry: ‘We’re going to fill it’ President Donald Trump on Friday said he’s directed the U.S. Department of Energy to … Read more
by Jim Rickards via Daily Reckoning Last July I was in Bretton Woods, New Hampshire, along with a host of monetary elites, to commemorate the 75th anniversary of the Bretton Woods conference that … Read more
via Zerohedge Earlier today, when discussing the impending inevitability of negative rates in the US according to BMO rates strategists, we said that the question is not if but “when.” Now, according … Read more
by Simon Black On October 19, 1987, the US stock market suffered the worst crash in its more than 200 year history, dropping more than 23% in a matter of hours. … Read more
by lolux123 It seems some of you degenerates are taking the expected interest rate cuts at face value. I think it’s time for a lesson in Macroeconomics. Now to start. … Read more
Developing… The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. In light of these risks and in support of achieving its maximum … Read more
by Simon Black Last week Wells Fargo paid the largest fine yet for one of it’s many scandals– $3 billion. This time, the fine was for opening bank accounts under customers’ … Read more
My “Credit-Card Spread Index” blows out. Heck if I knew what that means, but it doesn’t mean anything good. By Wolf Richter for WOLF STREET. The average yield of investment-grade bonds (as per … Read more
by Shaun Richards Today has opened with something that has become rather familiar in the credit crunch era. So familiar in fact it is the 736th version of this,as the … Read more
by Jan Nieuwenhuijs via Voima Gold A recent study by Yale economist Paul Schmelzing suggests that global real interest rates “could soon enter permanently negative territory.” In Mesopotamia around the third millennium B.C. there were … Read more
Typical bull argument: “Can’t have recessions with low interest rates.” False. Japan had multiple ones with avg long-term rates well below 2% in the last 20 years. Including two 60+% … Read more
She is never going to be held accountable for her emails. Trump should have taken care of that like he said he was going to. AC
