Spreading the truth. Empowering the people.
Complacency at its finest. Implied vol for stocks retesting levels that preceded previous selloffs. pic.twitter.com/LOITvpVYjR — Otavio (Tavi) Costa (@TaviCosta) November 10, 2019
by The Phoenix Here’s a crazy fact… The Fed just expanded its balance sheet by $250 BILLION in eight weeks. Yes, a quarter of a TRILLION dollars… in two months. The … Read more
The Repo Madness has been causing massive disruption in the financial system and the Fed has been pushing the boundaries further and further. Central banks, governments, financial companies work as … Read more
by SpontaneousDisorder Sauce: twitter.com/BittelJulien/status/1179685787434180609 Given the yield curve is inverted still and stocks are 3x overvalued I doubt it. Maybe this indicator will just go much lower in a … Read more
AB Bernstein came up with the calculation — 1,832%, to be exact — by including not only traditional levels of public debt like bonds but also financial debt and … Read more
by Michael Snyder It is being called “the Pacific marine heatwave of 2019”, and officials are warning that it could have very frightening implications if it does not dissipate soon. … Read more
Ever notice how most of the people pushing climate change have a bigger carbon footprint in a weekend than the average person has in their life. DW
by confoundedinterest If you have recently applied for a mortgage refinancing given plunging mortgage rates, you may have noticed a delay in the underwriting. Why? US lenders are in the midst … Read more
Growing food around a nuclear meltdown is a act of terrorism and genocide . At some point every single human on earth will have to acknowledge that despite the fact … Read more
by y Timelapze The 10-2 yield spread just narrowed below 7bps. We haven’t quite inverted yet but this is the narrowest it’s been in 12 years. Usually viewed as a recession … Read more
From Axios: The world’s debt rose by $3 trillion in the first quarter of 2019 — an almost unprecedented borrowing binge that brought total global debt to $246.5 trillion. Why it … Read more
via @TaviCosta: In contrast: – PMI employment is at its lowest level since GFC – Retail sales are near 15-year lows – Car sales are plunging – Pork prices are soaring … Read more
By The Phoenix Stocks are breaking down from their rising bearish wedge (red lines in the chart below) as I write this. The key now is whether or not the … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Carmageddon for cars. But big equipment is hot and gets pricier. Ford waited until today to report its second-quarter new-vehicle deliveries in the US. So now … Read more
Federal debt held by the public is already sky high and it’s expected to soar during the next 30 years if current laws remain unchanged — dramatically escalating the risk … Read more
