via Bloomberg: The Vanguard Group holds about $415 million of municipal bonds issued on behalf of PG&E Corp., about half of the $920 million state and local debt sold for the California utility that’s edging toward bankruptcy because of the fallout from …
Bloomberg: “The Bubble’s Losing Air. Get Ready for a Crisis” “The ‘everything bubble’ is deflating. The fact that it’s happening relatively slowly shouldn’t blind us to the real threat: The world is dangerously underestimating how hard it’ll be to deal …
from Zero Hedge On the eve of Wednesday’s Fed decision, President Trump is once again bashing the Federal Reserve over its plans to raise interest rates at a time when markets are already in chaos and the “world is blowing up” …
Via International Man Joel Bowman: Greetings from Texas, Doug. Where in the world do we find you today? Doug Casey: No place new. JB: Well, I guess that could be just about anywhere for you… DC: Oh, there are a few new places I …
by David Haggith If we don’t beat the establishment before the next downturn, we’re going to see the same bailouts and money printing we’ve seen before but on a deliriously insane level. This is not me being a permabear. In fact, …
by pikindaguy Put together a google sheet here with weekly data from the past 10 years: https://docs.google.com/spreadsheets/d/1H_mm_G5edQio-iCLAbnbg_ApgMarh–jTarHgxeoHTI/edit#gid=0 I’m not much for data visualization so let me know if anything needs clarity here.
via Bloomberg: A key regulator of Wall Street banks has joined the Federal Reserve in warning about risky corporate borrowing that has reached record levels as lender protections are eroded. The Office of the Comptroller of the Currency cautioned in its Semiannual …
Mind experiment; as you have seen French very upset about rising fuel prices when there is still available supply what do you think will happen when food triples in price and there is limited supply. Climatologists coming out stating Water …
by jessefelder “To achieve superior investment results, you have to hold non-consensus views regarding value, and they have to be right. That’s not easy… The good news is that the prevalence of first level thinkers increases the returns available to …
If you don’t know the specifics about how trusts operate, you are missing an important piece of the global financial picture. Trusts are hidden money, and they are the way that the ultra-rich of this world hide their assets. It …
A 70-year-old Hong Kong woman was revealed on Monday to be the world’s second case of rat hepatitis E infection in humans.. Dr Siddharth Sridhar, clinical assistant professor from the University of Hong Kong’s department of microbiology, said the second …
A Second Bear Market Leg Down?Position Risk-off. Global Liquidity crashing at fastest since 2008USD expected to strengthen 5-10% :may prove a headwind for EMact@liquidity.com for reports #risk off pic.twitter.com/Z8LpVLaAXg — CrossBorder Capital/ GLIndexes (@crossbordercap) November 19, 2018 “Since 2009, the …
Housing sentiment falls to lowest in a year, as more say now is not a good time to buy: Fannie Mae Consumer attitudes toward both buying and selling homes dropped, with the former falling the most of all the six …
https://www.youtube.com/watch?v=4bn4LdCK3cc Obama knew about the Russia collusion hoax. Lisa Page wrote in the text messages to Strzok that she was writing talking points for Obama b/c he wanted to know everything. So 1) he was aware and 2) he was …
Authorities on Monday said a second South Carolina police officer died from her injuries suffered in an ambush attack at the hands of an ex-Army sharpshooter earlier this month. Florence County Sheriff Kenney Boone said Deputy Farrah B. Turner died …
Current global problems: Famine, Poverty, War, Disease and ‘Sore Losers’ .
https://twitter.com/MacroTechnicals/status/1050534022261211136 Down to 52% of stocks in the S&P 500 above their 200-day moving avg, fewest since May. Another big down day and it will be the fewest since early 2016. $SPX. pic.twitter.com/IFpND15c6o — Charlie Bilello (@charliebilello) October 11, 2018 …
by QuantalyticsResearch US Stocks The rout in global stocks continues into its second day with little movement in risk-haven assets like Gold and the Yen US stocks index futures are dropping ahead of the open in NY with the Dow Jones …
By Bob Shanahan The IMF recently issued a stark warning to the world, writing about the second great depression just around the corner. The international organization referred to a global panic that could be triggered by unregulated parts of the …
Up until very recently, there were essentially two kinds of business and economic reporting trends emanating since the 2008 Financial Crisis: Sanguine, triumphant and motivating news in the mainstream corporate transatlantic financial press, versus pensive, probing and skeptical viewpoints in …
https://www.youtube.com/watch?v=I2DN_ydRWkg Cristina Laila for the Gateway Pundit reports, Republican Pete Flores won the Senate District 19 seat in Texas on Tuesday–a crushing defeat for former state and U.S. Rep. Democrat Pete Gallego. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
Amazon crosses the mark five weeks after Apple reached $1 trillion in early August. Analysts cite the company’s ever-diversifying portfolio as a value driver. Amazon market cap hit $1 trillion on Tuesday, becoming the second publicly traded U.S. company to reach …
Summer is over, and Greenland’s surface has gained 510 billion tons of ice over the past year – about 40% above normal. The surface mass budget is snow/ice accumulation minus melt. It does not include ice loss caused by glaciers …
Three weeks after the events of Hurricane Katrina, the Louisiana Governor announced that Charity Hospital would not reopen. Despite the effort from the military, FEMA, and volunteers who pumped the remaining flood water out of the hospital and prepared it …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A different set of private-equity firms, at the peak of the market, as brokers constantly blame low inventories of single-family houses for sky-high prices. The first wave came during the housing bust when large private-equity firms …
https://www.youtube.com/watch?v=pG5bzXDOU0M Jack Davis for the Western Journal reports, The subject of making money off of government security clearances proved too hot to handle when CNN analyst and ex-CIA official Phillip Mudd erupted at conservative commentator Paris Dennard, who said clearances …
by stockboardasset The U.S. Air Force has awarded a second contract not to exceed $480 million to Lockheed Martin Missiles & Fire Control to develop a hypersonic weapon prototype that would travel five times faster than the speed of sound to overcome Russian …
via RTRS For the quarter ended June, Foxconn reported a net profit of T$17.49 billion ($567.25 million), versus T$17.9 billion a year ago. This was below a mean estimate of T$21.936 billion ($711.45 million) from nine analysts polled by Thomson …
https://www.youtube.com/watch?v=8wGWLJKPsQI Frank Lea for RWN Official reports, An interesting article was posted on a site that talked about a stealth flight into Little Rock, back to Virginia, and that it occurred twice this week. Read More/Source/Credit/FairUse: https://rwnofficial.com/mystery-deepe…
by Simon Black Yesterday, I shared how you can get a Brazilian passport for your entire familyby having a baby within the country’s borders. Today, we’ll continue our discussion of building a proper Plan B. Again, a Plan B is simply an insurance …