Financial
Who’s Next to Fail in the Post-COVID World?
Author: Tom Luongo As much as I hate to invoke The Ayn Rand lest I give off the impression I’m some kind of Objectivist, which I am most certainly not, the engine of the world is […]
Federal Reserve
Tyranny
Welcome to Sweatshop Amerika!
MIKE WHITNEY Imagine if the congress approved a measure to form a public-private partnership between the US Treasury and the Federal Reserve. Can you imagine that? Now imagine if a panicky and ill-informed Congress gave […]
Financial
Does Any Of This Look Like The Fed Has Anything Under Control?
by Tyler Durden The Fed has gushed trillions into the short-term money markets in an attempt to fill what appears to be a bottomless pit and now Treasury and the government are discussing direct loans to […]
Wealth Abuse
A Shaky Foundation
Michael Krieger And so castles made of sand fall in the sea, eventually. – Jimi Hendrix There’s a widespread belief out there that the U.S. and the global economy in general is on much sounder […]
Financial
The Stock Market Bloodbath And The Fed’s Diversionary Jibber-Jabber
by Tyler Durden Authored by Mike Whitney via The Unz Review, Monday’s 1,000 point bloodbath was followed by Tuesday’s 879 point rout, lobbing 8% off total market value in less than 48 hours. The two-day drubbing has […]
Government
2020 – YEAR OF LIVING DANGEROUSLY
“A shocking crime was committed on the unscrupulous initiative of few individuals, with the blessing of more, and amid the passive acquiescence of all.” Tacitus, Publius Cornelius The shocking crime being committed during this century […]
Financial
“Nothing Can Go Wrong… Right?” Trader Warns Everyone’s All-In
by Tyler Durden As we noted over the weekend, everyone’s all-in… Despite 77% of CFOs now admitting the market is significantly overvalued, retail investor (super) sentiment, via the CNN Fear and Greed Index, has printed at all time series highs. What about institutional sentiment? Well, contrary […]
Wealth Abuse
The Fed Can’t Reverse the Decline of Financialization and Globalization
CHARLES HUGH SMITH The global economy and financial system are both running on the last toxic fumes of financialization and globalization. For two generations, globalization and financialization have been the two engines of global growth […]
Financial
The Year 2019 Has Been A Year Of Bubbles
The stock market reached new all-time highs. This has occurred because the Federal Reserve’s ‘quantitative easing’ never really ended. Instead of consulting Congress like they did in 2008, the Fed simply creates currency out of […]
Wealth Abuse
“Massive… Huge… Largest Ever”: Fed Will Flood Market With Gargantuan $500 Billion In Liquidity To Avoid Year-End Repo Crisis
by Tyler Durden In previewing today’s Fed statement regarding repurchase operations, on Tuesday Curvature Securities repo expert Scott Skyrm said that he expects the Fed to announce a $50 billion (at least) term operation for Monday December 23 […]