Another day where spreads rise, market falls, commodities lose steam and dollar creeps up. This is not the Fed, not trade wars, not political. This is the hangover of a decade of global monetary excess. pic.twitter.com/5lPzMg4u5t — Daniel Lacalle (@dlacalle_IA) …
credit spreads blowing out again pic.twitter.com/cz97yAUrKb — Alastair (@StockBoardAsset) December 7, 2018 https://twitter.com/TeddyVallee/status/1071082524418433027 pic.twitter.com/mpIa0ODpTV — Alastair (@StockBoardAsset) December 7, 2018 remember: when stocks get ahead of credit – that is when stocks puke pic.twitter.com/hVM8mdhPyP — Alastair (@StockBoardAsset) December 7, 2018 …
But new high-end towers will continue to flood the market. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. After decades of mind-boggling growth, home prices in metropolitan London, according to official numbers, started to fall this year, if barely. …
From Reason: In recent weeks, prominent Democrats have cheered the banning of conspiracy theorist Alex Jones from social platforms and have floated proposals for regulating the dissemination of foreign ads and “fake news.” At the same time, they have gleefully spread conspiracy theories and falsehoods about Supreme …
by Martin Armstrong The Trump Revolution has clearly now spread to the Democrats. People do not understand that the Trump Revolution isNOT about a particular philosophy. It is about just throwing those in power out. The year 1933 was the same …
by John Rubino One of the things giving “data-driven” central banks wiggle room on their pledge to tighten monetary policy is the fact there are several definitions of inflation. In the US the thing most people think of as inflation …
Worth noting that a similar, albeit smaller, divergence was evident in early 2016, and it got resolved away. Now we get to see whether this one can. Even though ECB QE still continues, the repatriation of US corp. money in …
"Keep watching credit spreads and European banks. Both risks have ramped up abruptly in recent days," h/t @hussmanjp pic.twitter.com/rwnCDP0rvg — Alastair (@StockBoardAsset) May 31, 2018 The ECB has been the only real buyer of Eurozone bonds this year. And bond …
NEW YORK (FOX5NY.COM) – “Sick as a dog” is an expression we hear all too often. But now, our pups are giving it a new meaning. Two highly contagious strains of canine influenza are making their way around the United States. The H3N2 …
https://www.youtube.com/watch?v=tFY9FFa_lkM Wave of cities, counties rejecting California ban on cooperation with federal immigration policies. What started late last month with a city council vote in the Southern California suburb of Los Alamitos has grown into a wave of dissent across …
via Jim Leaviss As the U.S. yield curve flattened to just 45 bps (2s-10s) last week, we dug out something I wrote back in 2007, in the early days of this blog. A chart that accompanied the blog showed that a) U.S. …
https://twitter.com/MacroTechnicals/status/980879597804847108 Goldilocks Who? 50% More Corporate Credit Downgrades vs Upgrades Q4 17 In a near-ZIRP world, US corporations can’t help but overfeed at the debt trough. As Default Rates Rise, Banks Hike Debt Interest Rates 1% in 6 Months “Wall …
by BILL BONNER CORK, IRELAND – “U.S. Stocks Drop as Treasury Sell-Off Gains Steam,” was headline news at Bloomberg yesterday. Meanwhile, bitcoin tumbled toward $8,000, wiping about $100 billion off its market value in just 24 hours. And the price of …
https://www.youtube.com/watch?v=LXloQNBrbek Joshua Caplan for the Gateway Pundit reports, CNN‘s Jim Acosta is at it again. The network’s White House correspondent appears to have busted — himself — spreading fake news about FBI Deputy Director Andrew McCabe stepping down from his …
by Anthony B Sanders Last night I attended a speech by Heritage Foundation Distinguished Visiting Fellow and Trump adviser Stephen Moore. He is a very optimistic and dynamic speaker and challenged the audience to find one thing that is not …
North American yield curves are narrowing further today, now with less than .5% between the 10- and 2-year Treasury yield in Canada, and less than .70% in the US. Both are now at the narrowest spread since the last market …
by Pamela Williams Senator Chuck Schumer recently appeared on ABC’S THE VIEW. He was so eager to speak, he could barely sit still, as he squirmed in his seat. After some brief conversation with the ladies, he said: “When you talk …