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Almost 60% of the US yield curve now inverted. Canada is about 70%; Hong Kong is 80%! Almost 60% of the US yield curve now inverted.Canada is about 70%; Hong … Read more
Republican Rep. Matt Gaetz has his microphone cut off by House Judiciary Committee Chairman Jerry Nadler while questioning parliamentary procedure at the close of the hearing. AC
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A stock market that is so uniquely dependent on corporations buying back their own shares in record amounts is in a very fragile position because share … Read more
BECAUSE YOU’RE NOT STUPID? Here’s Why I Didn’t Fall For The Russia-Trump Conspiracy: Media outlets regurgitated leaks from politicized intelligence officials. They should have been far more skeptical. The whole thing was … Read more
via Zerohedge: When it comes to estimating China’s total outstanding debt, there has long been confusion about the real number with most putting the debt/GDP at around 250%, while the … Read more
Portfolio Wealth Global, Released on 2/9/19
by Jesse “In particular, over a protracted period of good times, capitalist economies tend to move from a financial structure dominated by hedge finance units to a structure in which … Read more
by WhenLuggageAttacks Bloomberg article tl;dr – The December retail-sales report won’t be released as scheduled Wednesday while the Commerce Department remains closed. Failure to reopen soon also would delay last … Read more
by Dave Right now, to my mind, there are a lot of upside risks – news events that could cause a large rise in prices. The largest of these is … Read more
The stakes are enormous. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. With just 80 days remaining until Brexit Day, March 29, nerves are fraying on both sides of … Read more
The Ever-Shifting Definition of “Assault Weapons:” The phrase has been used to promote bans on almost every type of gun. The very heterogeneous group of so-called “assault weapons” has only … Read more
via legalinsurrection: The release of her DNA test results right before the midterms is almost uniformly seen as a public relations disaster, from which she still is trying to recover. Rather than … Read more
Joseph Curl for the Daily Wire reports, Around Christmastime, everyone’s rushing here and there, agitated, sometimes even a bit angry, as they juggle a hundred things ahead of the holiday. … Read more
by mikeleoncraft The look on Mark Meadows face says it all. He seems a little worried and red eyed over the realization that there has been a closely held, well hidden … Read more
Joseph Curl for the Daily Wire reports, Sen. Elizabeth Warren just can’t catch a break. Now, even her hometown newspaper is suggesting that maybe she should just forget about a … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter It gets serious. Margin calls? No one knows what the total leverage in the stock market is. But we know it’s huge and has surged in … Read more