Over the past week, Wall Street’s attention has shifted away from the human toll of the Coronavirus pandemic, which according to conventional wisdom is that it “appears to be contained” and will peak some time in March with roughly 85,000 cases, and...
Fed Repos Have Plowed $6.6 Trillion to Wall Street in Four Months; That’s 34% of Its Feeding Tube During Epic Financial Crash According to the data made available on the public website of the New York Fed, since September 17, 2019 it has funneled a...
The total US market valuation at $33.9 trillion is 157.4% of the last reported GDP. It’s the highest market valuation ever. The more the policy-makers try to pump and jawbone the market higher, the worse the consequences will be on the downside when the rug is pulled...
When I was growing up, my father used to tell me I should “never take advice from anyone who hasn’t succeeded at what they are advising.” The most truth of that statement is found in the financial press, which consists mostly of people writing articles and...
Dear Reader, “Journalism is about covering important stories,” said one scalawag. “With a pillow.” A staggering bailout of the banking system presently proceeds apace. The mainstream financial press has seized a bed pillow, placed it over this important story… and...
The Saudis want to break free from U.S. influence and hedge their bets with China and the Russians
DOWNLOAD SAUDIS GIVE BIDEN THE FINGER: END OF DOLLAR NOW!
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