If gov’t wastes money, this is what you get. Wealth transfers to Top 20%, debt piling up on 80%
Great chart for the MMT people to consider. Took 235 years for USA to get to $10T in debt, then just 10 yrs to get to $23T. In that 10 … Read more
piling
Dan Bongino: Adam Schiff’s Lies Are Piling Up
In this episode, I address the disturbing new tactic being used by sleazy Adam Schiff to attack his political opponents. You may be next if Schiff’s tactics go unchallenged. I … Read more
Ted Butler: Big Losses & Margin Calls Piling Up for Banks That Are Short Silver
by Chris Marcus via Arcadia Economics Last week the Department of Justice not only charged several JP Morgan traders with manipulating the market, but even invoked the RICO act, which is traditionally reserved … Read more
The Manufacturing Sector is Rolling Over But Inventories Keep Piling Up
by Lance Roberts Factory new orders are down year-over-year and barely afloat excluding transportation. Inventories are a concern. The monthly report on Manufacturers’ Shipments, Inventories and Orders, shows strong signs of … Read more
Major FOMO: Wall Street Piling Into the Gold Trade
by goldsilver Wall Street has become a culture dominated by traders. Their zeitgeist on any particular company/asset can set the direction of a trade for months or years. And, there’s only … Read more
Everyone is mad for T-Bonds and piling in like crazy. That sort of investor action in the past has usually not been rewarded
by Tom McClellan The Treasury Bond blowoff which is currently underway is dragging along the high-grade corporate bonds due to the coattails effect. That is leading to really strong numbers for … Read more
Can the US Government Just Keep Piling on Debt?
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The government already owes over $22 trillion, and it’s adding over $1 trillion a year. Who is buying it, and why? (12 min). You can also listen to … Read more
Smart Money Is Piling Into Oil
By Nick Cunningham Oil prices jumped to five-month highs this week, pushed higher by a bullish cocktail of supply outages, geopolitical unrest and a sputtering shale sector. The most recent … Read more
Gary Shilling: Recession Signals Piling Up
By Gary Shilling PhD, FS Recently, others are joining us in forecasting a recession, or at least entertaining a growing probability of one. Of those, few also believe it will … Read more
Public pensions risk everything, start piling money into crypto… playing roulette with your retirement
by: Ethan Huff (Natural News) As the price of Bitcoin continues to hover substantially below $4,000 per coin, after reaching earlier all-time highs of around $20,000 per coin, venture capitalists … Read more
“Shadow Banks” Dominate Mortgage Lending by Piling on Risks. Federal Housing Administration (FHA) on the Hook
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But deposit-taking banks have pulled back. Lovingly known as “shadow banks,” nonbanks have come to dominate the mortgage market. And they originate the riskiest mortgages. The … Read more
China Anguish Is Piling Up: The Chilling Thing Nvidia Just Said about China & Tech
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Nvidia again cut its revenue guidance for the fourth quarter of its fiscal year 2019, which runs through January, this time by 18.5% from its previously … Read more
Debt machine: are risks piling up in leveraged loans?
With 18.7m followers and a roster of fans that includes the Kardashians and Naomi Campbell, the Instagram page of beauty company Anastasia Beverly Hills offers crafty demonstrations of how to use its … Read more
The Entire World Is Rolling Over, Smart Money Is Piling Into Money Markets, Global Liquidity Is Tumbling At Its Fastest Rate Since The 2007/08 Financial Crisis.
Don't be delusional, the entire world is rolling over pic.twitter.com/llWGbGgcIW — Alastair Williamson (@StockBoardAsset) January 5, 2019 All is discounted? Look at global earnings estimates pic.twitter.com/7iFZ9Tiu9p — Daniel Lacalle (@dlacalle_IA) … Read more
Investors Are Piling Into Loans That Banks Have Avoided Since the Crash
via Bloomberg: What began guardedly, as traditional lenders retreated post-Lehman, has exploded into a financial-industrial complex rapidly approaching $1 trillion, with money streaming in from pension funds, insurers and hedge … Read more
Peak “Everything Bubble?” The data is piling up.
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter For nine years, US stocks, foreign stocks, government bonds, corporate investment-grade bonds, junk bonds, leveraged loans, emerging market bonds, art, classic cars, residential real estate, commercial … Read more