World About to Learn If $1 Trillion Tech Rally Was a Good Idea

Source: (Bloomberg) — Companies in the Nasdaq 100 are headed into earnings season with momentum that approaches the unprecedented, their value up by more than $1 trillion since October. Now the world finds out if the rally made any sense. Twenty-six constituents are due to report quarterly results next week, including three of the four biggest U.S. companies, over one blistering 48-hour stretch starting Tuesday. With trillion-dollar-plus market capitalizations and a doubling in Apple Inc. since 2018 to account for, it’s possible investors will be in a less-forgiving mood than…

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IMF cuts global economic growth forecasts

Source: (UPI) –– The International Monetary Fund adjusted its 2020 growth outlook slightly downward in a report released Monday, predicting that the world’s economic growth will continue to gain, but at a slower pace. The IMF predicted that economies grew 2.9 percent in 2019 rather than the previously predicted 3 percent and will grow 3.3 percent instead of the previously expected 3.4 percent. The 3.4 percent growth predicted in 2021 is 0.2 down from past forecasts. The agency said the downward movement was mainly due to the downward revisions for India. “The projected…

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The Zombification Of America – Over 40% Of Listed Companies Don’t Make Money

It’s absolutely stunning how the Fed/ECB/BoJ injected upwards of $1.1 trillion into global markets in the last quarter and cut rates 80 times in the past 12 months, which allowed money-losing companies to survive another day. The leader of all this insanity is Telsa, the biggest money-losing company on Wall Street, has soared 120% since the Fed launched ‘Not QE.’ Tesla investors are convinced that fundamentals are driving the stock higher, but that might not be the case, as central bank liquidity has been pouring into anything with a CUSIP. The company has lost…

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“This Is Insanity!” – Jim Rogers Warns Of “Horrible Time” Ahead

The Fed has increased its balance sheet over 500% in the past decade; The Bank of Japan is printing money to buy bonds and stock ETFs; and The European Central Bank is mired in insane negative interests. And, according to legendary investor Jim Rogers, they will continue this “madness” as long as its necessary. In an interview with RT’s Boom Bust, Rogers exclaims, that interest rates around the world have never been this low: “… this is insanity, that’s not how sound economic systems are supposed to work.” In 2008, Rogers notes…

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Helicopter Money Is Here: How The Fed Monetized Billions In Debt Sold Just Days Earlier

The Fed’s charter prohibits its from directly purchasing bonds or bills issued by the US Treasury: that process is also known as monetization and various Fed chairs have repeatedly testified under oath to Congress that the Fed does not do it. Of course, the alternative is what is known as “Helicopter Money”, when the central bank directly purchases bonds issued by the Treasury and forms the backbone of the MMT monetary cult. But what if there is at a several day interval between Treasury issuance and subsequent purchase? Well, that’s…

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2019 Greatest Hits: The Most Popular Articles Of The Past Year And A Look Ahead

Source: Tyler Durden One year ago, when looking at the 20 most popular stories of 2018, we admitted that perhaps as a result of too many conflicting narratives and storylines that emerged in 2017 and earlier in the decade, it was difficult to find a coherent theme to the key events that shook the world, and which you, our readers, found most interesting and notable. Indeed, we said that “it is difficult to say that 2018 provided much needed closure to many of the themes and narratives that emerged in the…

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Overwhelming Majority Of Americans Believe Their Lives Will Improve In 2020 Due To Strong Economy

Source:  Gateway Pundit  America is looking forward to the future again. A new poll finds that 80 percent of Americans believe their lives will get better in the coming year, and it’s all about the economy and Trump. The Democrats and their friends in the media may not understand it, but average working people do. USA Today reports: A USA TODAY/Suffolk University Poll this month asked Americans if they thought things would get better or worse in their own lives in 2020. By an overwhelming 80% to 11%, they predicted their…

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2020: The Year Of The Oil Bankruptcies

Authored by Alex Kimani via OilPrice.com, A bankruptcy boom has hit the oil and gas industry, and it’s just getting started. Investors have lost their appetite for shale, and energy debt has become among the least desirable in the market. The industry has been teetering on the verge of mass hysteria for much of 2019 as a record number of energy companies folded. According to Energy and Restructuring law firm Hayes and Boone’s, a grand total of 50 energy companies filed for bankruptcy during the first nine months of the year, including 33 oil…

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TRULY AMAZING! President Trump SO GOOD that US Has Gone from 1/5th of Global Economy to 1/4th of Global Economy in JUST THREE YEARS

NEVER has the United States had such an AMAZING ECONOMIC PRESIDENT! Under President Trump the US has grown from being one-fifth of the global economy(21.2%) to one-fourth of the global economy (24.8%) in just three years. This is truly AMAZING! The Sun reported, via Powerline: The research also found that the USA now makes up for a quarter of the world’s GDP – the largest share of the world’s economy since 2007. And the American economy is not due to be overtaken by China until 2033 – three years later than forecast.…

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Steven Mnuchin Explains Why $1.5 Trillion In $100 Bills Have Disappeared

Source: ZeroHedge Last week we reported that something strange was going on at the same time that central banks are injecting $100 billion each month in electronic money to crush volatility and ramp markets: a similar amount in physical currency and precious metals was literally disappearing. The mystery, in a nutshell, was as follows: while banks are printing more bank notes than ever, these seem to be “disappearing off the face of the earth” and nobody knows where or why, or as the WSJ notes, “central banks don’t know where they have gone,…

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Congressional Follies: Trump Is Still Your President

When even CNN reports that the economy is booming and the President’s popularity soaring, what can a Democratic House stuck with loser candidates do? Peddle a phony impeachment. And when the President says, bring it on, I want the same rights you give a felon for a fair trial (in this case, the Senate), what do you do? Refuse to name managers for the trial and fail to move the matter over to the Senate, which according to the Constitution is the body vested with the obligation to decide the matter. Of course, so…

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Sorry Dems, US Employees Are The World’s Happiest

Despite the likes of Elizabeth Warren and AOC constantly complaining about the desperate state of American workers, and how miserable they are under the ‘monarchic’ rule of President Trump, Statista’s Maria Vultaggio points out that, according to a new poll by Mindspace, workers in the U.S. are the happiest in the world. You will find more infographics at Statista More than 5,000 employees worldwide were questioned, with 1,000 people from the U.S. being surveyed. While assessing workplace culture, respondents were asked about wellness, overall happiness at work and engagement. Less happy, 73 percent of U.K. workers…

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LEFT BEHIND IN A “THRIVING” ECONOMY: WE ARE ALREADY IN A DARK PLACE

The world’s future looks bright according to one Forbes reporter.  But before we go through the incredibly bright future, we have to wade through a much darker place.  A place that is far darker than where we are at right now. In an article, Forbes contributor pointed to the inflation lie we are told daily.  While the costs of everything is rising through the roof, those in power are telling us there’s no inflation. What’s the point of this lie? Perhaps it’s to be able to print money and participate in QE4 without the average…

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Ford to add 3,000 jobs in the Detroit area, invest $1.45B

DETROIT (AP) — Ford Motor Co. is adding 3,000 jobs at two factories in the Detroit area and investing $1.45 billion to build new pickup trucks, SUVs, and electric and autonomous vehicles. The company said Tuesday that about $750 million will go the Michigan Assembly Plant in the Detroit suburb of Wayne, Michigan. “Ford is proud to be America’s number one producer of vehicles and the largest employer of UAW-represented autoworkers,” said Joe Hinrichs, Ford’s president, Automotive. “We appreciate the strong support from the State of Michigan and our local government…

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It’s D-Day For The Repo Market: On Monday $100 Billion In Liquidity Will Be Drained – What Happens Next?

Last week’s apocalyptic report by repo market guru Zoltan Pozsar, which for those who missed it predicted that an imminent market crash and loss of control of overnight rates by the Fed would spark nothing short of QE4, sparked an unprecedented panic at the Federal Reserve, which just two days later unveiled a historic liquidity injection, in which the Fed promised to inject no less than $500 billion in the next 4 weeks to avert a catastrophic freeze in the repo market as we approach the year end “turn”, which would consist not only…

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PETER SCHIFF: INFLATION TSUNAMI WILL SLAM THE U.S.

Source: Mac Slavo According to Peter Schiff, chief executive officer and president of the Westport, Connecticut-based Euro Pacific Capital, an inflation tsunami will slam into the United States. The Federal Reserve’s easy money policies are going to bring the inflation boogeyman back to America with a vengeance. Costs are already rising and wages have not kept up with the spending of the average American. But it will get much worse according to Schiff’s predictions. “The reason the Fed had to start cutting rates was because last year the air really started…

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The Wealthy Are Hoarding Physical Gold

The world’s rich are hoarding gold – this according to data buried in a recent Goldman Sachs note to clients. In the note published over the weekend, Goldman recommended diversifying long-term bond holdings with gold, citing “fear-driven demand” for the yellow metal. Hedge funds and other large speculators boosted their bullish bets on gold by 8.9% through the week ended Dec. 3, according to government data released last Friday. That represents the biggest gain since the end of September. The Goldman note cited political uncertainty and recession fears as the catalyst for the…

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Convenience Stores Outsmart Amazon With New ‘Honor System’ Model

Source: Tyler Durden t’s a time-tested principle: honesty through paranoia. [embedded content] After Amazon spent all that time and money developing its cashierless ‘Amazon Go’ convenience store model, where a complex array of sensors and cameras are employed to ensure that customers are charged for their groceries via their Amazon accounts, convenience store chains from Russia to the US have found that allowing customers to pay for their own items at self-checkout counters – a system that relies on customer honesty – is equally as effective. It sounds like an invitation…

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Dalio & Tudor Jones Warn: “We Will Kill Each Other” If Our Broken Economic System Isn’t Fixed

Two hedge fund icons – Bridgewater founder Ray Dalio and Paul Tudor Jones – joined Yahoo Finance for the 2nd annual Greenwich Investment Forum earlier this month. Speaking directly after Connecticut Gov. New Lamont, with whom Dalio is working to bolster Connecticut’s schools via a $100 million gift  – the largest charitable gift the state has ever received, PTJ and Dalio focused their “Fireside Chat” on the flaws of Fed policy, the dangers of America’s ballooning budget deficit, and the steps that must be take to “stop us from killing each other” in…

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Good Economy, Consumer Confidence Drive 55 Million Americans’ Thanksgiving Travel Plans

Source: Breitbart News This Thanksgiving will see some 55 million Americans traveling more than 50 miles over the holiday weekend, a 2.9 percent increase from last year and the second highest number of holiday travelers since AAA Travel started tracking in 2000, with the largest number recorded in 2005. AAA Travel also reported on data from INRIX, a global transportation analytics company, which said the worst time to travel by car is Wednesday afternoon, with trips taking as much as four times longer than normal. Paula Twidale, vice president of AAA Travel,…

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Dow jumps more than 200 points to 28,000, posts 4-week winning streak

Source: Fred Imbert The Dow Jones Industrial Average rallied to record levels on Friday, reaching 28,000 for the first time ever, after White House economic advisor Larry Kudlow said China and the U.S. were getting close to reaching a trade deal. The 30-stock average closed 222.93 points higher, or 0.7% at 28,004.89. It took the Dow just over four months to go from 27,000 for the first time to 28,000. Apple is the best-performing stock in the Dow since July 11, when the index first reached 27,000. In that time, Apple shares…

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Jobs Way Up, Unemployment Low — But Krugman on Trump 2016: ‘A Global Recession, No End in Sight’

(CNSNews.com) — The U.S. economy today is doing pretty well, with record-high employment numbers and record-low unemployment numbers for blacks, among other positive indices. Yet back in November 2016 when Donald Trump was elected president, Pulitzer Prize-winning economist and New York Times columnist Paul Krugman predicted the U.S.  was “probably looking at a global recession, with no end in sight.” (Getty Images) Shortly after midnight, when it looked like Trump was going to win the election, Krugman wrote, “If the question is when markets will recover, a first-pass answer is never.” “Under any circumstances, putting…

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New Jobs Report Is Excellent News For Americans Headed Into 2020

Source: Chris Donaldson No matter what the corrupt media and the deranged Democrats may say, there is no disputing that the Trump economy continues to roar. On Friday, in yet more positive news for workers who are thriving economically, the latest jobs report is more proof that President Trump’s policies are working like a dream – the American dream. Defying economists who lowballed their projections, the latest numbers show that another 118,000 jobs were created in October. The bean counters were once again wrong as the numbers blew away the…

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WE ARE ONE MISTAKE AWAY FROM GLOBAL RECESSION

Source: Mac Slavo Some analysts are saying that a global recession is only one mistake away.  If central banks even slightly screw up, their actions could reverberate across the entire global economy causing an unprecedented economic recession. Over the past decade, central banks have worked together to boost growth and transfer wealth to the top via economic policies designed for that purpose.  That’s the debt-based system people around the world are used to. However, China and the United States aren’t feeling very cooperative anymore, meaning their central banks may make…

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Sears Will Close Another 100 Stores Amid Failed Turnaround

A new report by The Wall Street Journal indicates about 100 of the 425 Sears and Kmart stores that financier Edward Lampert acquired out of bankruptcy are set to close by year-end. Lampert, who was chairman and chief executive of parent Sears Holdings Corp., decided in late 2018 to file for bankruptcy protection. Lampert provided the parent company with numerous financing deals, one was upwards of $2.4 billion, to save the sinking retailer. Earlier this year, he acquired 223 Sears and 202 Kmart stores, the Kenmore and DieHard brands, for approximately $5.2…

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A GLOBAL GOLD RUSH IS IMMINENT!

Source: Mac Slavo Whether you believe it or not, a global gold rush is imminent! While the American corporate-owned (and state-backed) mainstream media has been completely ignoring it, one country after another has been taking steps to divest themselves of their U.S. dollar. Examining it more closely, we might even start to connect the dots and conclude that there’s a coordinated effort among these nations to dethrone the dollar as the world’s reserve currency. –James Davis, Future Money Trends Davis believes that the government and the mainstream media have no intention…

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Jobless Claims Fall 10K for Week Ending October 5, Easily Beating Forecast

Source: PPD Business Staff The U.S. Labor Department reported initial jobless claims fell 10,000 to a seasonally adjusted 210,000 for the week ending October 5, beating consensus. The 4-week average came in at 213,750 for the week, a gain of 1,000. The advance seasonally adjusted insured unemployment rate rose 0.1% to a still very low 1.2% for the week ending September 28. In early October, the insured unemployment rate fell to an all-time low 1.1%. Not seasonally adjusted, the insured unemployment rate remained at 1.0%. The advance number of insured unemployment…

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Economic Blows: Trump Adds Tariffs To Cheese, Olive Oil, & Wine

Source: Mac Slavo In what can only be considered additional blows to the United States consumer, the Trump administration has now added tariffs to some products coming from the European Union. Cheese, olive oil, scotch, wine, and coffee have all been targeted by the government. The World Trade Organization has authorized the Trump administration to impose duties on the EU after deciding that the EU failed to completely end illegal loan subsidy programs for Airbus. The EU argues it has taken meaningful steps to comply and expects the WTO to…

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NYC Restaurants Feel the Burn, Cut Workers’ Hours And Close Down After $15 Minimum Wage Hike

Source: J.R This was always going to be the case. When minimum wage rises, businesses are forced to cut workers’ hours, raise prices on consumers, stop hiring altogether, and/or go out of business entirely. Thanks, Democrats! New York City restaurants are feeling the heat. TrendingPolitics.com: All The Top Trump News WITHOUT The Liberal Censorship Big Apple restaurants are feeling the heat from minimum wage hikes, cutting staff hours and even closing kitchens as they struggle to shoulder the extra payroll costs. Gabriela’s Restaurant and Tequila Bar, a margarita and taco…

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JPMorgan CRIMINALS EXPOSED: Watch Gold Hit $1,600!

Source: Tom Beck I asked Tom Beck, founder of PortfolioWealthGlobal.com, to email me his thoughts about the incredible story of the Dollar Credit Squeeze, the Repo Operation by the FED. What he put together was so compelling and educational that I asked his permission to share it with you. Please read! In September 2018, I bought 50 ounces of gold eagles at $1,200. The following week, gold hit $1,180 and I issued an exclusive alert in the newsletter, along with this REPORT, in which I called the bottom. I’ve never…

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