Lawlessness
“It’s As If JPMorgan And Goldman Vanished…”
The equity-ification of the bond market has been closely followed by Bloomberg News and other financial journalists. Unfortunately for the big banks, it’s a trend that has largely been led by fintech firms like TradeWeb and Bloomberg. Many corporate bonds from investment grade to deep in the speculative territory can be found trading on-the-run on…
German Finance Minister Publishes New Banking Union Plan To Save The EU (And Deutsche Bank)
Less than a year after his finance ministry failed to broker a merger between Commerzbank and Deutsche Bank in a bid to rescue the flailing German lending giant (Deutsche) and create a new national champion (or so he hoped), German Finance Minister Olaf Scholz is embarking on a campaign to convince the European Union to…
Dalio: “The World Has Gone Mad And The System Is Broken”
Another way of putting this country situation, we are on the doorsteps of biblical tribulations…. The Entire “Success” Of Un-godly Depend On Keeping The People Wildly Ignorant Of Reality I say these things because: Money is free for those who are creditworthy because the investors who are giving it to them are willing to get…
US Media Is “Carrying Buckets Of Muddy Water For The ‘Coup Team’
How Far Will They Go? CBS-News carried another bucket of muddy water for the coup team Sunday night with a lead 60 Minutes agit-prop story on Maria Butina, an ambitious Russian cutie who worked the American NRA circuit in the most public manner imaginable to make herself into a sex-bomb celebrity at the exact the moment in history…
The 3 Things Behind Mass Social Unrest In Bolivia, Hong Kong, France, Spain, Iraq, Lebanon, Egypt, And Elsewhere
Social unrest seems to be cropping up all over the world, from Hong Kong to Bolivia and Lebanon; we offer up a 3 variable model to help explain why. The inputs: urbanization, income inequality, and average age. Every country currently seeing mass protests has some combination of high levels of the first two and lower readings for…
“Extreme Greed” Trigger’d – Gold, Bonds, & Stocks Rally As Dollar Dives
Thanks to a melt-up today, US equities (apart from Trannies) ended the week higher… But today’s gains were farcically driven by a full-court press of jawboning (5 Fed Speakers, Mnuchin, and Kudlow) to open the US equity markets… 0830ET Jobs Beat – Dow +100 0915ET Fed’s Kashkari dovish: “we’re not at maximum employment.. in free lunch zone” – Dow…
DoJ Strikes Deal To Recover $1 Billion From Mysterious Fugitive Mastermind Behind 1MDB Fraud
Several of its employees have been arrested, and a former top banker has already pleaded guilty and agreed to cooperate with prosecutors. The U.S. Justice Department has struck a deal with fugitive financier Jho Low – the mysterious financier who allegedly masterminded the theft of more than $4 billion from Malaysia’s 1MDB development fund – to recoup…
Texas Could Be The Epicenter Of The Next Subprime Auto Crisis
The Birth Pains Are Growing Stronger…. “Unless God has raised you up for this very thing, you will be worn out by the opposition of man and devils”… My name is Steve Meyers and I need to share a vision and warning that the Lord showed me back in April 2007…. Many of you will…
Innovation BIS 2025: A Stepping Stone Towards An Economic “New World Order”
The IMF’s annual meetings held in Washington DC last week demonstrated that when the institution issues new economic projections or warnings of a downturn, the mainstream press is not averse to giving them prominent coverage. After the Fund was founded in 1944 (off the back of World War Two), it became part of what internationalists call…
Peter Schiff: QE Is A Monetary Roach Motel
This Is Not a Printing Press! (Or Is It?) Rene Magritte’s 1929 painting “The Treachery of Images,” depicts a tobacco pipe with a caption that reads “Ceci n’est pas une pipe,” (French for “This is not a pipe”). Everyone who has taken a course in modern art knows that Magritte’s exercise in contradiction was meant to…