by zenmasterzen3 What if Glyphosate sprayed on cotton which is then absorbed by peanuts (when the crop is rotated) causes peanut allergies? There was a spike in peanut allergies when they were first introduced. In our latest blog post, we …
They could have saved themselves if they did actual journalism, but they insisted on constant partisan libel and slander. AC
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “A development that is surprising during a strong economy and labor market”: New York Fed Serious auto-loan delinquencies – loans that are 90 days or more past due – surged to 4.47% of total auto loan …
Power prices up 4X as Texas experiences extreme cold and record power demand, at the same time Quebec government asking people to turn down the heat as power demand exceeds supply as -50F temperatures make it the coldest January in …
by Doug Kass “Look up and not down; look out and not in; look forward and not back, and lend a hand.” – Edward Everett Hale Make no mistake about it, the stock market panic and Bear Market of November-December 2018 is serious …
by Jesse Colombo In early October, when the U.S. stock market had reached an all-time high and investor sentiment was extremely complacent, I published a warning in Forbes called “Why Another Market Volatility Surge Is Likely Ahead.” I showed three indicators that …
U.S. corporate debt levels have again surpassed their pre-crisis peaks of $6 trillion, raising widespread concern that, as the Federal Reserve raises interest rates, some firms could run into financial trouble. “We think corporate debt is a key vulnerability,” JP Morgan …
Trader/analyst Gregory Mannarino says, “People are being lulled into a false sense of security.” Mannarino goes on to say, “We are told how everything is great, and we are in a global recovery. There is no global recovery. We reflated …
via CNBC The recent spike in the 10-year Treasury yield probably won’t continue for much longer, BlackRock global fixed-income CIO Rick Rieder told CNBC on Monday. Rieder, who oversees about $1.85 trillion in bond assets for the world’s largest money manager, also predicted that the Federal Reserve was …
The economic miracle fueled by foreign-currency debt. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The Bank of Turkey’s decision mid-September to hike its policy rate from 17.75% to 24% may have temporarily stemmed the rout in the Turkish …
Last time rates soared like this, the stock market dropped double-digits from CNBC. via CNBC: Interest rates are surging in the U.S. and around the world, sending shock waves through equity markets. The last time this kind of breakout in …
by Troy The stock market’s volatility continues to be lacking recently. VIX has completely collapsed, and is now trading sideways in a narrow range. You can see this via VIX’s narrow weekly Bollinger Bands. VIX’s 20 weekly standard deviation is …
via ANTIMEDIA: For the second year in a row, arrests for cannabis in the United States have gone up, also dwarfing the number of arrests for violent crime. The increases have come in the form of arrests for possession, not …
https://www.sifma.org/resources/research/us-abs-issuance-and-outstanding/ If you can understand this diagram, you will understand CDO impacts on markets. This one has housing as the anchor. The next one will be debt in general: https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%932008#/media/File:CDO_-_FCIC_and_IMF_Diagram.png CDOS are very complex. If you are interested in the minutia …
by John Ward Labour’s MP for Peterborough is facing criminal deception charges. It looks like Brexiteer Tories may try to turn the seat into a UKIP gain….if Nigel Farage is the candidate. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ There is probably only one politician more shrouded …
by DCG Homeless in Seattle… You know what that means: The local governments are going to need more taxpayer dollars! From Spokesman Review: For the first time, King County’s annual one-night count of homelessness found more than half of homeless people were sleeping outside …
via Palisade Research: When interest rates on credit card debt get raised, the default aftershock isn’t felt immediately. It takes a few cycles of debt compounding on compounded debt for the final coffin nails to get pounded into a strapped …
This is where the big problem lies. The balance of the nation’s budget had led to local governments raising property values and thus raising property taxes. High property taxes raise rents, they raise food prices, and they raise the general …
by Chris Black You know that saying, the future’s not what it used to be? Well, the same goes for progress. After all, no one said getting full multicultural and progressive would be a walk in the park. To get …
Peter Schiff: Calm Before the Storm Ted Spread Blowout pic.twitter.com/HzvrCJiV00 — Alastair (@StockBoardAsset) April 17, 2018 https://twitter.com/OANDAlerts/status/986058426831818754 WTF CHART OF THE MORNING: $SPX versus Shanghai Compsite Index pic.twitter.com/ouLBgdqPbC — Alastair (@StockBoardAsset) April 17, 2018
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter New Chapter 11 bankruptcies in the US spiked 63% year-over-year in March to 770 filings, the highest number of filings for any month since April 2011 (when there had been 789 filings as companies were still …
https://www.youtube.com/watch?v=NNsBraRZ4yc London has surpassed New York City’s murder rate for the second month in a row, due mostly to a spike in knife crime and shootings which left 15 Londoners dead in February – nine of whom were age 30 …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Chorus gets louder. But no one will be ready for those mortgage rates. It didn’t take long for rate-hike expectations to be jostled further by last week’s “monster” two-year budget bill that Congress passed with its …
by Tom McClellan The scary selloff on Friday, Feb. 2 took price indicators down to oversold readings, and it took the VIX up to its highest reading since the November 2016 election. In the process, it also rose up above the …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter What caused the biggest jump since the Financial Crisis? New Chapter 11 bankruptcies in the US more than doubled in December 2017 from a year ago to 699 filings. That jump of 362 filings from December …