investmentwatchblog--2020-10-06--The White House blocks new coronavirus vaccine guidelines.

Top White House officials are blocking strict new federal guidelines for the emergency release of a coronavirus vaccine , objecting to a provision that would almost certainly guarantee that no vaccine could be authorized before the election on Nov. 3 , according to people familiar with the approval process .
Facing a White House blockade , the Food and Drug Administration is seeking other avenues to ensure that vaccines meet the guidelines .
That includes sharing the standards with an outside advisory committee of experts — perhaps as soon as this week — that is supposed to meet publicly before @ @ @ @ @ @ @ .
The hope is that the committee will enforce the guidelines , regardless of the White House ’ s reaction .
The vaccine guidelines carry special significance : By refusing to allow the F.D.A .
to release them , the White House is undercutting the government ’ s effort to reassure the public that any vaccine will be safe and effective , health experts fear .
“ The public must have full faith in the scientific process and the rigor of F.D.A.
’ s regulatory oversight if we are to end the pandemic @ @ @ @ @ @ @ trade association pleaded on Thursday , in a letter to President Trump ’ s health secretary , Alex M. Azar II , asking for release of the guidelines .

Top White House officials are blocking strict new federal guidelines for the emergency release of a coronavirus vaccine, objecting to a provision that would almost certainly guarantee that no vaccine could be authorized before the election on Nov. 3, according to people familiar with the approval process.
Facing a White House blockade, the Food and Drug Administration is seeking other avenues to ensure that vaccines meet the guidelines. That includes sharing the standards with an outside advisory committee of experts — perhaps as soon as this week — that is supposed to meet publicly before any vaccine is authorized for emergency use. The hope is that the committee will enforce the guidelines, regardless of the White House’s reaction.
The vaccine guidelines carry special significance: By refusing to allow the F.D.A. to release them, the White House is undercutting the government’s effort to reassure the public that any vaccine will be safe and effective, health experts fear.
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“The public must have full faith in the scientific process and the rigor of F.D.A.’s regulatory oversight if we are to end the pandemic,” the biotech industry’s trade association pleaded on Thursday, in a letter to President Trump’s health secretary, Alex M. Azar II, asking for release of the guidelines.
www.nytimes.com/2020/10/05/world/the-white-house-blocks-new-coronavirus-vaccine-guidelines.html
Flu season is coming up! Many people every year, sometimes over 100,000, and despite the Vaccine, die from the Flu. Are we going to close down our Country? No, we have learned to live with it, just like we are learning to live with Covid, in most populations far less lethal!!! — Donald J. Trump (@realDonaldTrump) October 6, 2020


investmentwatchblog--2020-10-06--Retail Apocalypse Getting Worse: Bankruptcies & Store Closings Are Creating An Apocalyptic End Game

The retail apocalypse is causing bankruptcies , liquidations , and store closings that are fast spreading across the nation , and celebrated iconic brands are witnessing the inevitable collapse of their businesses as they shut down permanently .
In this video , we analyzed a study that indicated that the catastrophic retail crisis reached record bankruptcies in the first half of 2020 , and the economic collapse boosted by the sanitary outbreak is pushing the sector to the edge .
In that sense , millions of jobs are permanently gone due to lockdown restrictions that deeply affected this industry .
@ @ @ @ @ @ @ crew examined the impacts of the generalized retail meltdown and also listed some of the most popular stores that are closing doors for good .
Mandatory store closures enacted by the government , social distancing rules , supply chain issues , and the upsurge in e-commerce sales have contributed to accelerate the collapse of brick-and-mortar retailers , provoking a massive wave of bankruptcies that is diving into the second half of the year as well .
The reduction of foot traffic in shopping centers have affected stores in malls , which , as @ @ @ @ @ @ @ in jeopardy .
That is to say , the retail apocalypse has become so extensive that is causing a downfall of historical proportions .
With almost no prospects for a recovery during the 2020 Recession , the sector is facing major challenges , and economic experts have been emphasizing that this is almost certainly the worst year in recent history for retail .
By the end of August , 29 big retailers filed for bankruptcy .
In the first half of 2020 , 18 major retailers filed for chapter 11 protection .
Then @ @ @ @ @ @ @ more retailers filed , and the number of store closures is catastrophic .
Moreover , the excessive debt , store saturation , high unemployment , and changing shopper behaviors can also be added to the reasons why stores in malls were hit particularly hard .
Small businesses are struggling to survive until the holiday season , and many retailers are still relying on their physical locations to stay afloat during this recession .
However , market experts indicate that critical changes should be put into place to prevent their extinction .
The retail @ @ @ @ @ @ @ a long time , which proves that despite the eruption of the health crisis , the US economy was already deteriorating long before .
Last year there were 22 retail bankruptcies filed .
From 2017 to 2018 , over 5,000 stores were closed as well .
Historically , the most recent record for bankruptcies in this sector came in 2010 when 48 retailers filed for bankruptcy in the wake of the 2007-09 recession .
this year is that the spike in bankruptcies was recorded immediately after the recession started in February , signaling @ @ @ @ @ @ @ experiencing difficulties , or – as people say – they already had “ one foot in the grave ” , the viral outbreak implications just drove them further down .
With that said , it is expected more bankruptcies to be filed in the coming years , even renowned specialists have stated that it ’ s very unlikely this is going to stop anytime soon .
Amongst the brands that are cutting the number of their stores down , moving into online retail , or completely liquidating their assets are Tesla , Abercrombie @ @ @ @ @ @ @ M , Target , Gap , Forever 21 , and many others .
Additionally , as bankruptcies are expected to climb , the financial pain will resonate in shopping malls and in the commercial mortgage-backed securities market , while forecasts suggest that more than half of all mall-based department stores will close by the end of 2021 .
These factors will pile up to higher the pressure on the markets , possibly prompting a financial crash , because there is a huge bubble that could burst due to the enormous rates of rental @ @ @ @ @ @ @ the fragile US economy would severely affect its future , knocking it down into a deeper , scarier , and more complex depression .
The retail apocalypse is only one of the problems in the American economy , there are many other areas that we should also be watching .
The downfall of retail is just a sign of the deterioration of the economy .
The nation has been crumbling for years , only accumulating economic and financial trouble , but at some stage , the reckoning day will arrive .
In the @ @ @ @ @ @ @ failure of many other sectors will only come later in the cycle , which means the US has gotten itself into a large-scale solvency crisis that it is beyond the Fed ’ s ability to overcome it .
Taking all factors into account , it seems like nothing can stop this ship from sinking .

The retail apocalypse is causing bankruptcies, liquidations, and store closings that are fast spreading across the nation, and celebrated iconic brands are witnessing the inevitable collapse of their businesses as they shut down permanently. In this video, we analyzed a study that indicated that the catastrophic retail crisis reached record bankruptcies in the first half of 2020, and the economic collapse boosted by the sanitary outbreak is pushing the sector to the edge. In that sense, millions of jobs are permanently gone due to lockdown restrictions that deeply affected this industry.
In this video, the Epic Economist crew examined the impacts of the generalized retail meltdown and also listed some of the most popular stores that are closing doors for good. Mandatory store closures enacted by the government, social distancing rules, supply chain issues, and the upsurge in e-commerce sales have contributed to accelerate the collapse of brick-and-mortar retailers, provoking a massive wave of bankruptcies that is diving into the second half of the year as well. The reduction of foot traffic in shopping centers have affected stores in malls, which, as a consequence, also put their lives in jeopardy.
That is to say, the retail apocalypse has become so extensive that is causing a downfall of historical proportions. With almost no prospects for a recovery during the 2020 Recession, the sector is facing major challenges, and economic experts have been emphasizing that this is almost certainly the worst year in recent history for retail. By the end of August, 29 big retailers filed for bankruptcy.
In the first half of 2020, 18 major retailers filed for chapter 11 protection. Then, From July through mid-August, 11 more retailers filed, and the number of store closures is catastrophic. Moreover, the excessive debt, store saturation, high unemployment, and changing shopper behaviors can also be added to the reasons why stores in malls were hit particularly hard. Small businesses are struggling to survive until the holiday season, and many retailers are still relying on their physical locations to stay afloat during this recession. However, market experts indicate that critical changes should be put into place to prevent their extinction. The retail bankruptcy trend has been going on for a long time, which proves that despite the eruption of the health crisis, the US economy was already deteriorating long before.
Last year there were 22 retail bankruptcies filed. From 2017 to 2018, over 5,000 stores were closed as well. Historically, the most recent record for bankruptcies in this sector came in 2010 when 48 retailers filed for bankruptcy in the wake of the 2007-09 recession. this year is that the spike in bankruptcies was recorded immediately after the recession started in February, signaling that most of these companies were already experiencing difficulties, or – as people say – they already had “one foot in the grave”, the viral outbreak implications just drove them further down.
With that said, it is expected more bankruptcies to be filed in the coming years, even renowned specialists have stated that it’s very unlikely this is going to stop anytime soon. Amongst the brands that are cutting the number of their stores down, moving into online retail, or completely liquidating their assets are Tesla, Abercrombie & Fitch, Starbucks, H&M, Target, Gap, Forever 21, and many others.
Additionally, as bankruptcies are expected to climb, the financial pain will resonate in shopping malls and in the commercial mortgage-backed securities market, while forecasts suggest that more than half of all mall-based department stores will close by the end of 2021. These factors will pile up to higher the pressure on the markets, possibly prompting a financial crash, because there is a huge bubble that could burst due to the enormous rates of rental delinquency. Yet, another blow on the fragile US economy would severely affect its future, knocking it down into a deeper, scarier, and more complex depression.
The retail apocalypse is only one of the problems in the American economy, there are many other areas that we should also be watching. The downfall of retail is just a sign of the deterioration of the economy. The nation has been crumbling for years, only accumulating economic and financial trouble, but at some stage, the reckoning day will arrive.
In the meantime, keep in mind that the failure of many other sectors will only come later in the cycle, which means the US has gotten itself into a large-scale solvency crisis that it is beyond the Fed’s ability to overcome it. Taking all factors into account, it seems like nothing can stop this ship from sinking.
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investmentwatchblog--2020-10-06--Teen spending has hit an all-time low

Teen spending has hit an all-time low

Teen spending has hit an all-time low during the coronavirus pandemic , according to Piper Jaffray ’ s 40th biannual “ Taking Stock with Teens ” report .
Teens reported spending just $ 87 on handbags , an all-time low .
Apparel spending came in at about $ 507 per teen per year , down 11 % from the fall of 2019 .
Teen spending hit its lowest levels in two decades , according to a new survey , as teens spent less money on food , concerts and events during the coronavirus pandemic , and worry about the economy @ @ @ @ @ @ @ fall spending about $ 2,150 this year , according to Piper Jaffray ’ s 40th biannual “ Taking Stock with Teens ” report — a result of surveying 9,800 consumers with an average age just under 16 years old , from 48 states , with an average household income of $ 67,500 .
The survey , released Tuesday , was conducted between Aug. 19 and Sept. 22 .
That ’ s a drop of about 9 % year-over-year , Piper Jaffray said .
Reported annual spending by teens peaked at about $ 3,023 @ @ @ @ @ @

Teen spending has hit an all-time low during the coronavirus pandemic, according to Piper Jaffray’s 40th biannual “Taking Stock with Teens” report.
Teens reported spending just $87 on handbags, an all-time low.
Apparel spending came in at about $507 per teen per year, down 11% from the fall of 2019.
www.cnbc.com/2020/10/06/teen-spe…urvey.html
Teen spending hit its lowest levels in two decades, according to a new survey, as teens spent less money on food, concerts and events during the coronavirus pandemic, and worry about the economy getting worse.
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Teens reported during the fall spending about $2,150 this year, according to Piper Jaffray’s 40th biannual “Taking Stock with Teens” report — a result of surveying 9,800 consumers with an average age just under 16 years old, from 48 states, with an average household income of $67,500. The survey, released Tuesday, was conducted between Aug. 19 and Sept. 22.
That’s a drop of about 9% year-over-year, Piper Jaffray said. Reported annual spending by teens peaked at about $3,023 in the spring of 2006.
h/t general mishka


investmentwatchblog--2020-10-06--HYPOCRITE Dems are REFUSING Virtual Hearings – Here’s Their SICK Reason Why

Beth Baumann from Townhall reports , Now that three Republican Senators – Mike Lee ( UT ) , Thom Tillis @ @ @ @ @ Johnson ( WI ) – have turned up positive for coronavirus , Democrats are changing @ @ @ @ @ .
Back when the pandemic began , Democrats worked overtime to make sure that committee @ @ @ @ @ as a means of protecting individual members of Congress .

Beth Baumann from Townhall reports, Now that three Republican Senators – Mike Lee (UT), Thom Tillis (NC) and Ron Johnson (WI) – have turned up positive for coronavirus, Democrats are changing their narrative on virtual hearings. Back when the pandemic began, Democrats worked overtime to make sure that committee hearings could be done remotely as a means of protecting individual members of Congress.
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Read More/Source/Credit/FairUse:
townhall.com/tipsheet/bethbau…


investmentwatchblog--2020-10-06--The coming Covid Passport; Social Credit with a slicker name!

The ambitious Operation Moonshot programme aims to carry out up to 10 million Covid-19 tests a day by early next year as part of a £100bn expansion of the testing programme , according to the BMJ .
Under the plans , digital immunity passports will be used to allow people who have tested negative for the virus to return to work , to travel and to take part in other activities .
Speaking after a government announcement that gatherings in England are to be restricted to six people as of 14 September , Prime Minister Boris Johnson said he wanted @ @ @ @ @ @ @ who have tested negative to allow them to return to normal .
Digital immunity passports are a digital document detailing a person ’ s test results proving they are not considered a risk in spreading the virus , for example someone who has tested positive for Covid-19 antibodies and have therefore had the virus and are not thought to be likely to contract is again .
Its Just two weeks , they said .
next it will be GET YOUR PASS .
And now , if you want to have a job or @ @ @ @ @ @ @ get your little Covid passport .
But it WILL go deeper than that .
You wont be able to get loans , start a business , You will be cut off from the grid , alone in the wildnerness until you get your vaccination .
All this sounds oddly familiar doesn ’ t it ?

www.digitalhealth.net/2020/09/di…p-testing/
www.healthcareitnews.com/news/em…e-and-more
The ambitious Operation Moonshot programme aims to carry out up to 10 million Covid-19 tests a day by early next year as part of a £100bn expansion of the testing programme, according to the BMJ.
Under the plans, digital immunity passports will be used to allow people who have tested negative for the virus to return to work, to travel and to take part in other activities.
Speaking after a government announcement that gatherings in England are to be restricted to six people as of 14 September, Prime Minister Boris Johnson said he wanted to eventually use testing to identify those who have tested negative to allow them to return to normal.
Digital immunity passports are a digital document detailing a person’s test results proving they are not considered a risk in spreading the virus, for example someone who has tested positive for Covid-19 antibodies and have therefore had the virus and are not thought to be likely to contract is again.
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Its Just two weeks, they said.
WEAR.YOUR.MASK they screamed.
next it will be GET YOUR PASS.
And now, if you want to have a job or fly again, you just have to get your little Covid passport. But it WILL go deeper than that. You wont be able to get loans, start a business, You will be cut off from the grid, alone in the wildnerness until you get your vaccination. All this sounds oddly familiar doesn’t it?
h/t Grimnome


investmentwatchblog--2020-10-06--Hunter Biden Broke but Paid a $450,000 Tax Lien In Just 6 Days

Although Biden claimed that he was broke , he was living in a $ 12,000-per-month Hollywood Hills rental home and spotted driving a $ 129,000 Porsche Panamera in Beverly Hills .
After a judge ordered Biden to turn over his financial records and travel to Arkansas for a deposition , the former lobbyist agreed to settle the case with Roberts .
-Washington Free Beacon While fighting with his baby mama , an Arkansas stripper , Biden said in a court filing “ I attest that I am unemployed and have had no monthly income since May 2019 , ” adding @ @ @ @ @ @ @ in part as a result of obligations arising from my divorce which was final in April 2017 ) .
” According to the Washington Free Beacon , “ The younger Biden owed $ 238,562.76 in state income taxes from 2017 and $ 215,328.16 in state income taxes from 2018 , according to records from the District of Columbia ’ s Office of Tax and Revenue .
The District of Columbia filed a $ 453,890 lien against him on July 9.
” Yet , six days later on July 15 , Hunter was released @ @ @ @ @ @ @ to the Beacon by a spokesman for DC ’ s Office of the Chief Financial Officer after the “ tax issue was resolved.
” Harvey Bezozi , a tax expert who specializes in large-scale tax debt negotiations , said the only way to get a lien released is to pay the settlement in full—often through a payment plan , penalty abatement , or other compromise with the government—or to prove the lien was filed in error .
He said liens can take months or years to resolve .
“ It drags on , @ @ @ @ @ @ @ had to be some kind of expeditious kind of process for this.
” -Washington Free Beacon I think we should all chip in and set up a gofundme page for POOR Hunter .

Poor guy, so poor:
Although Biden claimed that he was broke, he was living in a $12,000-per-month Hollywood Hills rental home and spotted driving a $129,000 Porsche Panamera in Beverly Hills. After a judge ordered Biden to turn over his financial records and travel to Arkansas for a deposition, the former lobbyist agreed to settle the case with Roberts. -Washington Free Beacon
While fighting with his baby mama, an Arkansas stripper, Biden said in a court filing “I attest that I am unemployed and have had no monthly income since May 2019,” adding “I currently have significant debts (in part as a result of obligations arising from my divorce which was final in April 2017).”
According to the Washington Free Beacon, “The younger Biden owed $238,562.76 in state income taxes from 2017 and $215,328.16 in state income taxes from 2018, according to records from the District of Columbia’s Office of Tax and Revenue. The District of Columbia filed a $453,890 lien against him on July 9.”
Yet, six days later on July 15, Hunter was released from the tax lien, as confirmed to the Beacon by a spokesman for DC’s Office of the Chief Financial Officer after the “tax issue was resolved.”
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Harvey Bezozi, a tax expert who specializes in large-scale tax debt negotiations, said the only way to get a lien released is to pay the settlement in full—often through a payment plan, penalty abatement, or other compromise with the government—or to prove the lien was filed in error. He said liens can take months or years to resolve.
“It drags on,” he said. “Six days had to be some kind of expeditious kind of process for this.” -Washington Free Beacon
www.zerohedge.com/political/brok…d-six-days
I think we should all chip in and set up a gofundme page for POOR Hunter.


investmentwatchblog--2020-10-06--Can the U.S. Dollar Survive the Mega Stimulus? Economic Meltdown Magnifies Debt

As more and more people find themselves without work , governments will feel the additional pressure .
THis has already @ @ @ @ @ of taxation on the public .
More taxation equates to slower growth .
As a @ @ @ @ @ be needed .
This cycle will continue and there will be no more market .
@ @ @ @ @ , over the many .
In any historical similarity , this always ends badly .
@ @ @ @ @ Las Vegas Tops US in Apartment Delinquencies – Bloomberg Las Vegas Tops U.S. in Rise @ @ @ @ @ Rent Cineworld brings down the curtain on U.S. , U.K. theaters ; 45,000 jobs hit @ @ @ @ @ will serve you from the ceiling | Popular Science The end of the dollar ’ @ @ @ @ @ Times Eurozone Deflation Will Push ECB To Act As Soon As December – Christophe Barraud @ @ @ @ @ for COVID-19 in higher taxes — here ’ s how it will likely happen | @ @

As more and more people find themselves without work, governments will feel the additional pressure. THis has already been highlighted in the increase of taxation on the public. More taxation equates to slower growth. As a result, more stimulus will be needed. This cycle will continue and there will be no more market. Just control from the few, over the many. In any historical similarity, this always ends badly.
Americans Not Paying Rent: Las Vegas Tops US in Apartment Delinquencies – Bloomberg
www.bloomberg.com/news/articles/2020-10-05/las-vegas-tops-u-s-in-rise-of-apartment-tenants-not-paying-rent?sref=RJ2RlMrh
Las Vegas Tops U.S. in Rise of Apartment Tenants Not Paying Rent
www.bloombergquint.com/onweb/las-vegas-tops-u-s-in-rise-of-apartment-tenants-not-paying-rent
Cineworld brings down the curtain on U.S., U.K. theaters; 45,000 jobs hit
www.cnbc.com/2020/10/05/cineworld-brings-down-the-curtain-on-us-uk-theaters-45000-jobs-hit-.html
Singapore ‘cruises to nowhere’ plan sparks virus fears
www.msn.com/en-us/money/other/singapore-cruises-to-nowhere-plan-sparks-virus-fears/ar-BB19HFpf
Toyota’s robotic butler will serve you from the ceiling | Popular Science
www.popsci.com/story/technology/toyota-ceiling-robot-butler/
IMF coronavirus recovery: public investment could create millions of jobs
www.cnbc.com/2020/10/05/imf-coronavirus-recovery-public-investment-could-create-millions-of-jobs.html
The end of the dollar’s exorbitant privilege | Financial Times
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www.ft.com/content/46b1a230-8c6c-4feb-b617-21a520cc201b
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Eurozone Deflation Will Push ECB To Act As Soon As December – Christophe Barraud
www.christophe-barraud.com/en/eurozone-deflation-will-push-ecb-to-act-as-soon-as-december
Canadians will pay the bill for COVID-19 in higher taxes — here’s how it will likely happen | The Star
www.thestar.com/business/opinion/2020/10/05/canadians-will-pay-the-bill-for-covid-19-in-higher-taxes-here-are-some-possibilities.html?utm_source=Twitter&utm_medium=SocialMedia&utm_campaign=Business&utm_content=canadiancovidbill


investmentwatchblog--2020-10-06--No News Is Good News: Media Willfully Ignore Hunter Biden Scandal

Last week , a Senate Intelligence Committee report detailed how the son of a major presidential candidate , who has an extensive history of shady foreign business dealings , received a $ 3.5-million wire transfer from the wife of a Russian politician .
The New York Times , Washington Post , CNN , MSNBC , and most major media outlets didn ’ t cover the wire-transfer story at all .
Four years ago , not reporting such a story was a possibility too absurd to even contemplate – but then again , no one would have predicted the candidate with @ @ @ @ @ @ @ Trump , but Joe Biden .
People often talk about how Trump is responsible for destroying political norms , and that ’ s a valid concern .
However , one of the truly frightening things about the Trump era is how institutions have exploited a perceived crisis in truth-telling to justify abandoning their own standards by blaming it on Trump .
Increasingly , we see major stories break where the media establishment decides on a collective omertà because the story undermines its own credibility or might sway voters in directions it doesn ’ @ @ @ @ @ @ @ , no news is good news .
When Trump raised the issue at the debate , Joe Biden responded by saying the claim was “ Totally discredited .
Totally discredited.
” Given that it ’ s a direct allegation in a government document and Biden is flatly denying it , you ’ d think this would be a perfect opportunity for the media to dig in and sort out the truth of the claim .
Instead , they have essentially punted on the issue .
According to PolitiFact , which refused to rate @ @ @ @ @ @ @ the facts are in dispute because “ Biden ’ s lawyer says he did not co-found the partnership [ that received the money ] and had no stake in it , ” and “ Democrats say they reviewed the Republicans ’ documentation but did not find a specific link to Hunter Biden.
” So why does the Senate intel committee report that Biden was a “ co-founder ” of the firm in question ?
Well , one clue might be that committee members read it in the media .
A lengthy New Yorker @ @ @ @ @ @ @ , which clearly had extensive cooperation from the Biden team , reported the following : “ In June , 2009 , five months after Joe Biden became Vice-President , Hunter co-founded a second company , Rosemont Seneca Partners , with Christopher Heinz , Senator John Kerry ’ s stepson.
” That was 15 months ago .
For the Biden camp to be disputing this key fact now seems awfully convenient .
Further , in that same magazine article , Hunter Biden admits to taking an $ 80,000 bribe from a Communist Chinese Party-connected @ @ @ @ @ @ @ 2.8-carat diamond delivered to his hotel room .
If the Biden camp is denying Hunter ’ s role in the firm in question , the media should note the denial , while investigating the truth of the claim .
In the meantime , the press is probably obligated to note his history of taking money from foreign sources , a pattern which tends to undercut the denials .
And then there ’ s still the issue of what his father said at the debate .

Last week, a Senate Intelligence Committee report detailed how the son of a major presidential candidate, who has an extensive history of shady foreign business dealings, received a $3.5-million wire transfer from the wife of a Russian politician.
The New York Times, Washington Post, CNN, MSNBC, and most major media outlets didn’t cover the wire-transfer story at all. Four years ago, not reporting such a story was a possibility too absurd to even contemplate – but then again, no one would have predicted the candidate with the shady Russia ties is not Donald Trump, but Joe Biden.
People often talk about how Trump is responsible for destroying political norms, and that’s a valid concern. However, one of the truly frightening things about the Trump era is how institutions have exploited a perceived crisis in truth-telling to justify abandoning their own standards by blaming it on Trump. Increasingly, we see major stories break where the media establishment decides on a collective omertà because the story undermines its own credibility or might sway voters in directions it doesn’t approve of. When that happens, no news is good news.
When Trump raised the issue at the debate, Joe Biden responded by saying the claim was “Totally discredited. Totally discredited.” Given that it’s a direct allegation in a government document and Biden is flatly denying it, you’d think this would be a perfect opportunity for the media to dig in and sort out the truth of the claim. Instead, they have essentially punted on the issue.
According to PolitiFact, which refused to rate the claim either true or false, the facts are in dispute because “Biden’s lawyer says he did not co-found the partnership [that received the money] and had no stake in it,” and “Democrats say they reviewed the Republicans’ documentation but did not find a specific link to Hunter Biden.”
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So why does the Senate intel committee report that Biden was a “co-founder” of the firm in question? Well, one clue might be that committee members read it in the media. A lengthy New Yorker profile* of Hunter Biden from last year, which clearly had extensive cooperation from the Biden team, reported the following: “In June, 2009, five months after Joe Biden became Vice-President, Hunter co-founded a second company, Rosemont Seneca Partners, with Christopher Heinz, Senator John Kerry’s stepson.” That was 15 months ago. For the Biden camp to be disputing this key fact now seems awfully convenient. Further, in that same magazine article, Hunter Biden admits to taking an $80,000 bribe from a Communist Chinese Party-connected tycoon, in the form of a 2.8-carat diamond delivered to his hotel room.
If the Biden camp is denying Hunter’s role in the firm in question, the media should note the denial, while investigating the truth of the claim. In the meantime, the press is probably obligated to note his history of taking money from foreign sources, a pattern which tends to undercut the denials. And then there’s still the issue of what his father said at the debate.
*Link to original New Yorker Article:
www.newyorker.com/magazine/2019/…_brand=tny
www.zerohedge.com/political/no-n…en-scandal


investmentwatchblog--2020-10-06--Now we can add “a major war” to the list of things that have happened in 2020

While almost everyone ’ s attention was diverted , a major war erupted on the other side of the world .
It has been more than a week since Azerbaijan launched their invasion of Nagorno-Karabakh , although the mainstream media in the western world will never use the word “ invasion ” to describe what is happening .
At most , they will use terms such as “ attack ” or “ offensive ” , but without a doubt what is taking place is an invasion .
The population of Nagorno-Karabakh is primarily made up of Armenians , and the @ @ @ @ @ @ @ an extremely violent war against Azerbaijan in 1994 in which tens of thousands of people died .
Now Azerbaijan is attempting to reassert control over Nagorno-Karabakh , and neighboring Armenia has stepped up to help defend Nagorno-Karabakh .
Unfortunately , this could easily escalate into a much wider war .
Russia has a defense pact with Armenia and a military base inside their territory , Iran has threatened to get involved in the conflict , and Turkey has already sent proxy forces into the region to aid the offensive by Azerbaijan .
Following @ @ @ @ @ @ @ weekend the president of Azerbaijan claimed that his forces had captured the critically important town of Madagiz… Azerbaijani President Ilham Aliyev said late Saturday that his forces “ raised the flag ” over the strategic town of Madagiz and had taken several villages .
The Armenian Defense Ministry said separatist forces in Karabakh had fended off a large Azerbaijani attack , and spokesperson Shushan Stepanian pointed to intense fighting “ along the entire front line ” and said Armenian forces had shot down three Azerbaijani planes .
And it is also being reported @ @ @ @ @ @ @ bomb the Nagorno-Karabakh capital of Stepanakert… In response , several towns in Azerbaijan have been getting shelled by Armenian forces… Hundreds have already died on both sides , and the fighting just seems to get worse with each passing day .
A report from CBS News says that there has been “ an unprecedented use of heavy artillery , tanks , missiles , and even kamikaze drones ” … Azerbaijan is wealthier and more powerful than Armenia , and so the Armenians are ultimately going to have a very difficult time trying to @ @ @ @ @ @ @ of territory from Nagorno-Karabakh .
But what happens if other parties start to join the conflict ?
One analyst that spoke with CBS News says that Russia and Turkey could both potentially get involved… And actually we know that Turkey is already flying proxy fighters into the region to help Azerbaijan with the invasion .
In fact , dozens of those fighters have already died… As I mentioned above , the Russians have a defense pact with Armenia , and they also have a military base located in the country .
Russia and @ @ @ @ @ @ @ war in Syria , and they have increasingly irritated each other in recent years .
It would seem to be unthinkable that the Russians would just stand aside and allow Turkey to have their way in this new conflict , but so far the Russians haven ’ t made a major move .
When they do , however , it will probably be a big one .
On top of everything else , the Iranians are warning that they may take “ reciprocal measures ” if the fighting continues to spill over into @ @ @ @ @ @ @ that demonstrates that we are living during a time of “ wars and rumors of wars ” , and experts agree that this new war has the potential to eventually become a much larger conflict .
Unfortunately , the vast majority of Americans have never even heard of Nagorno-Karabakh , and most of the population would not be able to locate Armenia or Azerbaijan on a blank map of the world .
And the mainstream media in the United States is so obsessed with covering President Trump ’ s every move 24 hours @ @ @ @ @ @ @ ignoring this conflict .
But this war is a really big deal , and we should all be paying close attention to it .
Whoever wins the presidential election in November is going to have to deal with this crisis , and if things are not handled very , very carefully events could spiral out of control very rapidly .

by Michael Snyder
While almost everyone’s attention was diverted, a major war erupted on the other side of the world. It has been more than a week since Azerbaijan launched their invasion of Nagorno-Karabakh, although the mainstream media in the western world will never use the word “invasion” to describe what is happening. At most, they will use terms such as “attack” or “offensive”, but without a doubt what is taking place is an invasion. The population of Nagorno-Karabakh is primarily made up of Armenians, and the region has been self-governing since separatists won an extremely violent war against Azerbaijan in 1994 in which tens of thousands of people died. Now Azerbaijan is attempting to reassert control over Nagorno-Karabakh, and neighboring Armenia has stepped up to help defend Nagorno-Karabakh. Unfortunately, this could easily escalate into a much wider war. Russia has a defense pact with Armenia and a military base inside their territory, Iran has threatened to get involved in the conflict, and Turkey has already sent proxy forces into the region to aid the offensive by Azerbaijan.
Following days of vicious fighting, over the weekend the president of Azerbaijan claimed that his forces had captured the critically important town of Madagiz…
Azerbaijani President Ilham Aliyev said late Saturday that his forces “raised the flag” over the strategic town of Madagiz and had taken several villages. The Armenian Defense Ministry said separatist forces in Karabakh had fended off a large Azerbaijani attack, and spokesperson Shushan Stepanian pointed to intense fighting “along the entire front line” and said Armenian forces had shot down three Azerbaijani planes.
And it is also being reported that Azerbaijan is using cluster munitions to bomb the Nagorno-Karabakh capital of Stepanakert…
The separatists’ foreign ministry said on Monday that shelling of Stepanakert had resumed at 6.30am (0230 GMT), with four shells hitting the city. Residents had spent the weekend cramming into underground shelters and many are leaving. It released video footage of repeated bursts of heavy shelling and debris from seriously damaged blocks of flats, claiming Azerbaijan had used cluster munitions, which are banned by international humanitarian law.
In response, several towns in Azerbaijan have been getting shelled by Armenian forces…
Azerbaijan’s defence ministry said Armenian forces were shelling three of its towns on Monday, after hitting the country’s second-largest city, Ganja, the day before in what Nagorno-Karabakh’s leader said was an act of retaliation and a “warning” against targeting civilian settlements in the breakaway region. Baku said one person had been killed and four injured in the attack on Ganja.
Hundreds have already died on both sides, and the fighting just seems to get worse with each passing day.
A report from CBS News says that there has been “an unprecedented use of heavy artillery, tanks, missiles, and even kamikaze drones”…
Videos posted online from the battleground show an unprecedented use of heavy artillery, tanks, missiles, and even kamikaze drones as the fighting has escalated. Both countries accuse the other of refusing to agree to cease fire, and neither has shown any willingness yet to reengage in stalled peace talks.
Azerbaijan is wealthier and more powerful than Armenia, and so the Armenians are ultimately going to have a very difficult time trying to stop Azerbaijan from taking quite a bit of territory from Nagorno-Karabakh.
But what happens if other parties start to join the conflict?
One analyst that spoke with CBS News says that Russia and Turkey could both potentially get involved…
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“All the signals were in place, everything was telling that escalation was coming. And there was diplomatic silence,” Olesya Vartanyan, senior analyst for the South Caucasus region at the International Crisis Group, told CBS News. “We are definitely one step away from a large-scale war in the region,” she said, noting that such a conflict could embroil Russia, Turkey, or both.
And actually we know that Turkey is already flying proxy fighters into the region to help Azerbaijan with the invasion. In fact, dozens of those fighters have already died…
Early Sunday morning, the bodies of more than 50 Syrians killed in a conflict raging far from their own borders—in a land many had barely heard of a few months ago—were returned home for funeral preparations. They were members of militias that had fought previously in northern Syria, then Libya, and now in the disputed enclave of Nagorno-Karabakh—but always on behalf of Turkey.
As I mentioned above, the Russians have a defense pact with Armenia, and they also have a military base located in the country.
Russia and Turkey were on opposite sides in the war in Syria, and they have increasingly irritated each other in recent years. It would seem to be unthinkable that the Russians would just stand aside and allow Turkey to have their way in this new conflict, but so far the Russians haven’t made a major move.
When they do, however, it will probably be a big one.
On top of everything else, the Iranians are warning that they may take “reciprocal measures” if the fighting continues to spill over into their territory…
Iran warned that it would take reciprocal measures if fighting between its neighbors Armenia and Azerbaijan spills over and endangers security across their borders with Iran. Iran’s Interior Minister Rahmani Fazli urged the two countries to contain the fighting after clashes over their long-standing war over the Nagorno-Karabagh region erupted last month, according to a statement shown on Iranian state TV.
This is yet another example that demonstrates that we are living during a time of “wars and rumors of wars”, and experts agree that this new war has the potential to eventually become a much larger conflict.
Unfortunately, the vast majority of Americans have never even heard of Nagorno-Karabakh, and most of the population would not be able to locate Armenia or Azerbaijan on a blank map of the world.
And the mainstream media in the United States is so obsessed with covering President Trump’s every move 24 hours a day that they are almost entirely ignoring this conflict.
But this war is a really big deal, and we should all be paying close attention to it.
Whoever wins the presidential election in November is going to have to deal with this crisis, and if things are not handled very, very carefully events could spiral out of control very rapidly.


investmentwatchblog--2020-10-07--The top 1% own 52.4% of corporate equities and mutual funds. The bottom 50% own 1.9%… Powell: ‘Risks

The top 1% own 52.4% of corporate equities and mutual funds. The bottom 50% own 1.9%… Powell: ‘Risks of overdoing it’ on aid smaller than too little

BULLARD: IF FED NEEDS TO PROVIDE MORE STIMULUS, ASSET BUYING LIKELY BEST PATH — *Walter Bloomberg (@DeItaOne) October 6, 2020
*POWELL: `RISKS OF OVERDOING IT' ON AID SMALLER THAN TOO LITTLE Translation … this chart above is not impressive enough yet. Moar!!!! pic.twitter.com/QqPSgFegse — Jim Bianco (@biancoresearch) October 6, 2020
AT&T borrowed $12 billion at a subsidized rate thanks to the Fed's corporate credit support. Weeks later, they laid off thousands of workers. This support could have been conditioned on keeping workers employed. Instead, it's helped shareholders & execs. t.co/DIBTVxvVGM — Gregg Gelzinis (@FinGregg) October 6, 2020
The wealthiest 1% of Americans own 50% of the value of stocks held by individual households, and the top 10% control 88% — and the stark divide is fueling an increasingly lopsided economic recovery (story w/ @kelmej)t.co/Ms7Em7BCVK — Victoria Guida (@vtg2) October 6, 2020
U.S. private sector financial assets (ex real estate) as % of GDP have spiked to highest level in ~70 years @BankofAmerica @SoberLook pic.twitter.com/vK3ZBmaToB — Liz Ann Sonders (@LizAnnSonders) October 6, 2020
Yields on the lowest-rated U.S. corporate debt fall to the lowest in two years, via @gowrinyc @theterminal pic.twitter.com/xY34YCrq7g — Lisa Abramowicz (@lisaabramowicz1) October 6, 2020
Matter of time. All central banks are poised to catch up with Japan & Switzerland. Both own well above 100% of assets relative to GDP. The path has been laid out. Others should follow. pic.twitter.com/GmyUOvPGEk — Otavio (Tavi) Costa (@TaviCosta) October 3, 2020


investmentwatchblog--2020-10-07--Australia’s number of credit card accounts is now declining at its fastest pace in history.

Australia 's number of credit card accounts is now declining at its fastest pace in history .
Household debt to @ @ @ @ @ levels at 185 % !
Yet another levered economy in need of major monetary debasement @ @

In a free fall.
Australia's number of credit card accounts is now declining at its fastest pace in history.
Remember:
Household debt to income ratio still near record levels at 185%!
Yet another levered economy in need of major monetary debasement. pic.twitter.com/yW0szEa5ty
— Otavio (Tavi) Costa (@TaviCosta) October 5, 2020


investmentwatchblog--2020-10-07--The Fed Might Not Hike Until 2026?

The Fed Might Not Hike Until 2026?

This has been a very unpredictable year .
We have had a decade ’ s worth of news crammed into 1 year .
Somehow in the midst of the chaos , the Fed believes it can figure out what the world will look like in 2026 .
To be clear , when talking about 2026 , the Fed is literally making a forecast .
However , as we have said many times , current guidance is about manipulating today ’ s market .
Future policy is up in the air .
It won ’ t matter to the 2020 market @ @ @ @ @ @ @ Fed actually raises rates ; by then 2020 will be long gone .
As you can see in the quote from Chicago Fed President Evans in the graphic above , if inflation rises slightly above 2 % in 2024 , the average of the rate ( starting in 2020 ) won ’ t get to 2 % until 2026 .
In theory , the Fed would hike rates in 2026 in that made up scenario .
The key point here is Evans completely made up the time the Fed should start the average @ @ @ @ @ @ @ average in 2008 ?
Then inflation could stay above 2 % for even longer .
These are the mental gymnastics Fed members go through to keep rates at zero .
That ’ s not to say the Fed should raise rates .
It ’ s just that the Fed is using its old way of thinking instead of reacting to the pandemic .
The Fed should be looking at COVID-19 to see when the economy will improve .
Then it should wait a few quarters for the hardest hit areas to recover before @ @ @ @ @ @ @ that Evans says his made up scenario assumes great fiscal and health support .
Firstly , fiscal support could boost inflation more than he thinks , albeit temporarily .
Secondly , forecasting inflation linearly so far in the future is fruitless .
We understand it ’ s just a framework ; the problem is it ’ s not a good one .
If it ’ s just oversimplifying to explain what an average is , that ’ s quite silly .
We ’ ve known for a couple years that the Fed won @ @ @ @ @ @ @ moment core inflation ticks above 2 % .
There are misnomers about the election .
The theory is if Biden wins , corporate tax hikes are coming , but they will be countered by a de-escalation of the trade war with China .
Firstly , tax hikes are far from a certainty because the Dems need to win the Senate .
Next , consider that having 51 or 52 Senators for 2 years doesn ’ t give the Dems absolute rule .
There could easily be a few Democratic Senators who don ’ @ @ @ @ @ @ @ it ’ s controversial .
It ’ s much harder to raise taxes and cut spending than it is to cut taxes and increase spending .
Furthermore , if Biden wins , America and China won ’ t suddenly live in perfect harmony .
Biden has talked tough on China .
There has been a mini competition between Trump and Biden on who can talk tougher .
Ending any geopolitical issues won ’ t counteract a tax increase ( if taxes are actually raised ) .
In 2019 , the S & P @ @ @ @ @ @ @ 17.5 % which was down from 17.72 % .
Before the tax cut in 2017 , the average tax rate was 24.37 % .
Remember these are global companies who pay various rates to the governments they do business in .
Interestingly , in 2019 four of the top five internet companies paid less than the average tax rate .
Only Facebook paid more as it paid a 25.5 % rate .
Microsoft only paid 10.18 % ( following a year they paid 54.57 % ) .
The chart above shows the estimated @ @ @ @ @ @ @ .
As you can see , S & P 500 earnings can drop in the high single digits with communication services being hit the hardest .
Energy would be hit the least .
Frankly , many energy companies don ’ t have earnings to tax in the first place .
That ’ s one benefit of losing money .
As we mentioned , if Biden wins , the issues with China won ’ t go away .
Even though Trump and Biden differ on a lot , they don ’ t differ on @ @ @ @ @ @ @ strategy with China which might not involve tariffs , but it will cause some economic uncertainty .
It ’ s extremely difficult to predict geopolitics for the next 4 years , but there are greater risks to the downside than the upside .
As you can see from the chart below , about 70 % of Americans have an unfavorable opinion of China .
This isn ’ t just Trump supporters .
Both sides of the political spectrum don ’ t like China which is a problem since China and America ’ s @ @ @ @ @ @ @ the world .
The Bubble Is Still Here Some might be thinking the Nasdaq 100 ’ s 13 % decline in September was enough to get rid of the froth in the market .
That ’ s simply not true .
When you have a bubble , a small correction doesn ’ t end it .
As you can see from the chart below , the software industry ’ s EV to next 12 months of sales multiple is almost double the 5 year average .
It ’ s a rough time to @ @ @ @ @ @ @ at peak demand growth since businesses and consumers have been forced to stay inside due to COVID-19 .
In Q1 , the ratio of firms expecting IT spending to increase versus decrease was 2.4 times .
In Q2 , that fell to just 1.7 times which is 0.2 above the pre-pandemic reading .
The graphic below shows how small trader call options can have an outsized impact on the market .
This goes into the details of how we had such a bubble in August .
It was unimaginably large .
Here ’ @ @ @ @ @ @ @ s $ 80 billion market cap is larger than Goldman Sachs ’ $ 69 billion market cap .
The Fed gave an example where it might not raise rates until 2026 .
It ’ s possible that in 2 years we look back on that statement and laugh because inflation is either much higher or lower than the Fed ’ s projection .
If Biden wins and the Dems with the Senate , there might be a tax hike .
It ’ s hard to hike taxes if there ’ s just a @ @ @ @ @ @ @ too controversial will pass .
Biden is tough on China like Trump .
The good news is tariffs might be admonished .
Software still has bubble valuations and demand is increasing at a lesser rate .
Small traders have had an outsized impact on the market because of options .

by UPFINA
This has been a very unpredictable year. We have had a decade’s worth of news crammed into 1 year. Somehow in the midst of the chaos, the Fed believes it can figure out what the world will look like in 2026. To be clear, when talking about 2026, the Fed is literally making a forecast. However, as we have said many times, current guidance is about manipulating today’s market. Future policy is up in the air. It won’t matter to the 2020 market if we get to 2024-25 and the Fed actually raises rates; by then 2020 will be long gone.
Here is the punch line of @ChicagoFed President Evans' speech: the outlook depends on fiscal policy.#NABE2020 pic.twitter.com/aEgyuv3GSs — Constance L Hunter (@ConstanceHunter) October 5, 2020
As you can see in the quote from Chicago Fed President Evans in the graphic above, if inflation rises slightly above 2% in 2024, the average of the rate (starting in 2020) won’t get to 2% until 2026. In theory, the Fed would hike rates in 2026 in that made up scenario. The key point here is Evans completely made up the time the Fed should start the average. What if the Fed started the average in 2008? Then inflation could stay above 2% for even longer. These are the mental gymnastics Fed members go through to keep rates at zero. That’s not to say the Fed should raise rates. It’s just that the Fed is using its old way of thinking instead of reacting to the pandemic.
The Fed should be looking at COVID-19 to see when the economy will improve. Then it should wait a few quarters for the hardest hit areas to recover before hiking rates. It’s interesting that Evans says his made up scenario assumes great fiscal and health support. Firstly, fiscal support could boost inflation more than he thinks, albeit temporarily. Secondly, forecasting inflation linearly so far in the future is fruitless. We understand it’s just a framework; the problem is it’s not a good one. If it’s just oversimplifying to explain what an average is, that’s quite silly. We’ve known for a couple years that the Fed won’t go crazy with hikes the moment core inflation ticks above 2%.
Biden Tax Hikes
There are misnomers about the election. The theory is if Biden wins, corporate tax hikes are coming, but they will be countered by a de-escalation of the trade war with China. Firstly, tax hikes are far from a certainty because the Dems need to win the Senate. Next, consider that having 51 or 52 Senators for 2 years doesn’t give the Dems absolute rule. There could easily be a few Democratic Senators who don’t go along with the plan if it’s controversial. It’s much harder to raise taxes and cut spending than it is to cut taxes and increase spending. Furthermore, if Biden wins, America and China won’t suddenly live in perfect harmony. Biden has talked tough on China. There has been a mini competition between Trump and Biden on who can talk tougher. Ending any geopolitical issues won’t counteract a tax increase (if taxes are actually raised).
In 2019, the S&P 500’s average tax rate was 17.5% which was down from 17.72%. Before the tax cut in 2017, the average tax rate was 24.37%. Remember these are global companies who pay various rates to the governments they do business in. Interestingly, in 2019 four of the top five internet companies paid less than the average tax rate. Only Facebook paid more as it paid a 25.5% rate. Microsoft only paid 10.18% (following a year they paid 54.57%).
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'Mr. Biden’s plan would produce estimated double-digit percentage declines in profits in the information-technology, communication-services and consumer-discretionary sectors, BofA’s analysis found.' t.co/tHCMQpyIm0 pic.twitter.com/9sVoJZfTAI — Jesse Felder (@jessefelder) October 5, 2020
The chart above shows the estimated earnings decline from three Biden tax proposals. As you can see, S&P 500 earnings can drop in the high single digits with communication services being hit the hardest. Energy would be hit the least. Frankly, many energy companies don’t have earnings to tax in the first place. That’s one benefit of losing money.
As we mentioned, if Biden wins, the issues with China won’t go away. Even though Trump and Biden differ on a lot, they don’t differ on everything. Biden will try a different strategy with China which might not involve tariffs, but it will cause some economic uncertainty. It’s extremely difficult to predict geopolitics for the next 4 years, but there are greater risks to the downside than the upside.
As you can see from the chart below, about 70% of Americans have an unfavorable opinion of China. This isn’t just Trump supporters. Both sides of the political spectrum don’t like China which is a problem since China and America’s economic relationship is the most important in the world.
DEUTSCHE: “We expect the US/China stand-off to outlast the election.” pic.twitter.com/T8KP5XRQkP — Carl Quintanilla (@carlquintanilla) October 5, 2020
The Bubble Is Still Here
Some might be thinking the Nasdaq 100’s 13% decline in September was enough to get rid of the froth in the market. That’s simply not true. When you have a bubble, a small correction doesn’t end it. As you can see from the chart below, the software industry’s EV to next 12 months of sales multiple is almost double the 5 year average. It’s a rough time to buy software stocks because we’re at peak demand growth since businesses and consumers have been forced to stay inside due to COVID-19. In Q1, the ratio of firms expecting IT spending to increase versus decrease was 2.4 times. In Q2, that fell to just 1.7 times which is 0.2 above the pre-pandemic reading.
The graphic below shows how small trader call options can have an outsized impact on the market. This goes into the details of how we had such a bubble in August. It was unimaginably large. Here’s a crazy stat: Square’s $80 billion market cap is larger than Goldman Sachs’ $69 billion market cap.
In case you still haven't figured it out… pic.twitter.com/iN2PjCLYZw — 🔴 I. Vodenitcharov CFA CMT (@iv_technicals) October 3, 2020
Conclusion
The Fed gave an example where it might not raise rates until 2026. It’s possible that in 2 years we look back on that statement and laugh because inflation is either much higher or lower than the Fed’s projection. If Biden wins and the Dems with the Senate, there might be a tax hike. It’s hard to hike taxes if there’s just a 1 or 2 seat majority. Nothing too controversial will pass. Biden is tough on China like Trump. The good news is tariffs might be admonished. Software still has bubble valuations and demand is increasing at a lesser rate. Small traders have had an outsized impact on the market because of options.


investmentwatchblog--2020-10-07--Why did the media stop talking about Sweden? Because no lockdowns looks like this:

Not only that , Sweden never made masks mandatory .
They literally never had to wear masks to this day @ @ @ @ @ fact is completely suppressed in the news , and now they have the lowest lethality @ @ @ @ @ This needs to be posted everywhere .

by UKILL3R
Not only that, Sweden never made masks mandatory. They literally never had to wear masks to this day. This ‘little’ fact is completely suppressed in the news, and now they have the lowest lethality in all of Europe.
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This needs to be posted everywhere.


investmentwatchblog--2020-10-07--Netflix is indicted in Texas for lewd depiction of children in Cuties movie.

Netflix is indicted in Texas for lewd depiction of children in Cuties movie .
The movie was rightfully criticised and @ @ @ @ @ Representatives Ted Cruz and Tulsi Gabbard called for legal action against Netflix .
Though I @ @ @ @ @ serious punishment for Netflix given its market cap and support of MSM .
But I @ @ @ @ @ Hollywood campaign of normalising paedophilia .

Netflix, Inc. indicted by grand jury in Tyler Co., Tx for promoting material in Cuties film which depicts lewd exhibition of pubic area of a clothed or partially clothed child who was younger than 18 yrs of age which appeals to the prurient interest in sex #Cuties #txlege pic.twitter.com/UJ1hY8XJ2l — Matt Schaefer (@RepMattSchaefer) October 6, 2020
Netflix is indicted in Texas for lewd depiction of children in Cuties movie. The movie was rightfully criticised and received a huge backlash. Representatives Ted Cruz and Tulsi Gabbard called for legal action against Netflix.
Though I doubt there will be any serious punishment for Netflix given its market cap and support of MSM. But I hope this case halts the Hollywood campaign of normalising paedophilia.
zerohedge article of same.
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Tweet Link.
h/t rjsh927


investmentwatchblog--2020-10-07--WATCH: Michelle Obama says that protests aren’t violent and Trump is lying about it

This is a side by side video of failed mikey ‘ peaceful ’ comments

This is a side by side video of failed mikey ‘peaceful’ comments
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WATCH: Michelle Obama says that protests aren't violent and Trump is lying about it… So I made a side-by-side video proving her VERY wrong. pic.twitter.com/cwC67ahBsx — Tim Young (@TimRunsHisMouth) October 6, 2020


investmentwatchblog--2020-10-07--IRELAND: From tomorrow Police checkpoints across the country to ensure compliance with guidelines

Ireland : As the entire country moves to Level 3 restrictions , Gardaí will from tomorrow be putting up 132 @ @ @ @ @ on the main arterial routes , including motorways , to ensure people are complying with @ @ @

Ireland: As the entire country moves to Level 3 restrictions, Gardaí will from tomorrow be putting up 132 checkpoints across the entire country on the main arterial routes, including motorways, to ensure people are complying with guidelines. pic.twitter.com/4tds4qRMuV
— Tess Summers (@tesssummers98) October 6, 2020


investmentwatchblog--2020-10-07--The slippery slope of censorship

The slippery slope of censorship

BREAKING – Effective today , Facebook declares to `` remove any Facebook pages , groups , and Instagram accounts representing @ @ @

BREAKING – Effective today, Facebook declares to "remove any Facebook pages, groups, and Instagram accounts representing QAnon."
— Disclose.tv 🚨 (@disclosetv) October 6, 2020


investmentwatchblog--2020-10-07--16,000 positive COVID cases vanished from UK’s record system… Trump Dropping TRUTH BOMBS, Says Covid

16,000 positive COVID cases vanished from UK’s record system… Trump Dropping TRUTH BOMBS, Says Covid Is FAR LESS LETHAL than Flu

Flu season is coming up !
Many people every year , sometimes over 100,000 , and despite the Vaccine , @ @ @ @ @ Are we going to close down our Country ?
No , we have learned to @ @ @ @ @ like we are learning to live with Covid , in most populations far less lethal @ @ @

Flu season is coming up! Many people every year, sometimes over 100,000, and despite the Vaccine, die from the Flu. Are we going to close down our Country? No, we have learned to live with it, just like we are learning to live with Covid, in most populations far less lethal!!!
— Donald J. Trump (@realDonaldTrump) October 6, 2020


investmentwatchblog--2020-10-07--Toxic Financial Derivative Sausage Making Is Ramping Back Up?

by Jason Burack of Wall St For Main St And the Orwellian misnomer of the year for 2020 goes to @ @ @ @ @ ETF , AAA !
Commit to tipping us monthly for our hard work creating high @ @ @ @ @ that includes interviews with top experts , analysis and short videos about investing and the @ @

by Jason Burack of Wall St For Main St
And the Orwellian misnomer of the year for 2020 goes to whoever named the new CLO ETF, AAA!
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FULL SHOW NOTES AND LINKS HERE
Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy www.patreon.com/wallstformainst


investmentwatchblog--2020-10-07--As 98,000 Businesses Permanently Closed, the Fed and Treasury Have Sat on $340 Billion of Untapped M

As 98,000 Businesses Permanently Closed, the Fed and Treasury Have Sat on $340 Billion of Untapped Money from the CARES Act

When both parties in Congress came together in March to pass the CARES Act , which was signed into law by President Trump on March 27 , the clear intention of the legislation was for the U.S. Treasury to hand over $ 454 billion of taxpayers ’ money to the Federal Reserve .
The Fed , in turn , was to leverage the money by 10 times to approximately $ 4.54 trillion to deploy to keep the economy moving , credit flowing , workers employed and businesses alive until the pandemic had been brought under control .
Fed Chairman Jerome @ @ @ @ @ @ @ Today show on March 26 and explained the plan like this : “ In certain circumstances like the present , we do have the ability to essentially use our emergency lending authorities and the only limit on that will be how much backstop we get from the Treasury Department .
We ’ re required to get full security for our loans so that we don ’ t lose money .
So the Treasury puts up money as we estimate what the losses might be…Effectively $ 1 of loss absorption of backstop from Treasury @ @ @ @ @ @ @ loans.
” But according to the latest H.4.1 release from the Federal Reserve ( and backed up by recent Senate Testimony ) , six months after the CARES Act was signed into law , U.S. Treasury Secretary Steve Mnuchin has handed only $ 114 billion of the $ 454 billion over to the Fed .
That leaves $ 340 billion allocated by Congress unaccounted for .
( See Paragraph 5 ( Liabilities ) and the related footnote 14 at this link on the Fed ’ s H.4.1 release . )
The Federal Reserve @ @ @ @ @ @ @ $ 114 billion it has received thus far from the Treasury has been allocated as follows : $ 10 billion to the Commercial Paper Funding Facility ( CPFF ) ; $ 37.5 billion to the Corporate Credit Facilities ; $ 37.5 billion to the Main Street Facilities ; $ 17.5 billion to the Municipal Liquidity Facility ; $ 10 billion to the Term Asset-Backed Securities Loan Facility ( TALF II ) ; and $ 1.5 billion to the Money Market Mutual Fund Liquidity Facility .
The bulk of those programs are helping Wall @ @ @ @ @ @ @ one program actually called the “ Main Street Facilities , ” bears little resemblance to the kind of help actual Main Street businesses need right now .
Minimum loan amounts in the Fed ’ s Main Street program are set at $ 250,000 while many businesses on real Main Streets in America would be highly reluctant to take a loan of that size , given the likely prospect right now that their business won ’ t make it .
What these businesses need more of are Paycheck Protection Plan ( PPP ) loans @ @ @ @ @ @ @ they keep their workers on payroll .
That would allow workers to avoid eviction and help small apartment building landlords stay out of foreclosure .
The PPP program , run through the Small Business Administration , ended on August 8 .
Despite the desperate need , Congress can ’ t get its act together and pass a new PPP program .
A September 16 Local Economic Impact Report from Yelp indicates that while the Fed and Treasury have stonewalled Congress on what is happening with that $ 340 billion , 97,966 businesses have @ @ @ @ @ @ @ particularly felt among restaurants , bars and clothing and home décor retailers .
According to the Yelp study , as of August 31 , there had been 32,109 restaurant closures with 19,590 of those indicated as permanent , or 61 percent .
In the same time frame , 6,451 bars had closed with 3,499 reported as permanent ( 54 percent ) .
Among retailers , since the end of August , there has been 30,374 business closures with 17,503 ( 58 percent ) of those indicated as permanent .
And the trend is @ @ @ @ @ @ @ reports that permanent closures among retailers have increased by 10 percent since July .
Another problem that Congress needs to remedy immediately is that despite regular promises from the Fed Chairman that the Fed will be transparent about its lending programs , there are four programs for which the Fed has yet to provide transaction level data – meaning the names of the borrowers and how much they borrowed .
Those programs include : the Primary Dealer Credit Facility ; the Commercial Paper Funding Facility ; the Money Market Mutual Fund Liquidity Facility @ @ @ @ @ @ @ Loan facility that sluiced over $ 9 trillion cumulatively to the trading houses on Wall Street beginning on September 17 , 2019 – months before the first case of COVID-19 appeared anywhere in the world .
At a May 19 Senate Banking hearing — more than four months ago — Fed Chairman Jerome Powell stated this : “ We have committed to disclose all of the borrowers and the amounts in a timely way.
” The Fed Chairman is increasingly running the risk of losing credibility with the American people .

via wallstreetonparade:
When both parties in Congress came together in March to pass the CARES Act, which was signed into law by President Trump on March 27, the clear intention of the legislation was for the U.S. Treasury to hand over $454 billion of taxpayers’ money to the Federal Reserve. The Fed, in turn, was to leverage the money by 10 times to approximately $4.54 trillion to deploy to keep the economy moving, credit flowing, workers employed and businesses alive until the pandemic had been brought under control.
Fed Chairman Jerome Powell made an unprecedented appearance on the Today show on March 26 and explained the plan like this:
“In certain circumstances like the present, we do have the ability to essentially use our emergency lending authorities and the only limit on that will be how much backstop we get from the Treasury Department. We’re required to get full security for our loans so that we don’t lose money. So the Treasury puts up money as we estimate what the losses might be…Effectively $1 of loss absorption of backstop from Treasury is enough to support $10 of loans.”
But according to the latest H.4.1 release from the Federal Reserve (and backed up by recent Senate Testimony), six months after the CARES Act was signed into law, U.S. Treasury Secretary Steve Mnuchin has handed only $114 billion of the $454 billion over to the Fed. That leaves $340 billion allocated by Congress unaccounted for. (See Paragraph 5 (Liabilities) and the related footnote 14 at this link on the Fed’s H.4.1 release.)
The Federal Reserve’s H.4.1 release shows that the $114 billion it has received thus far from the Treasury has been allocated as follows: $10 billion to the Commercial Paper Funding Facility (CPFF); $37.5 billion to the Corporate Credit Facilities; $37.5 billion to the Main Street Facilities; $17.5 billion to the Municipal Liquidity Facility; $10 billion to the Term Asset-Backed Securities Loan Facility (TALF II); and $1.5 billion to the Money Market Mutual Fund Liquidity Facility.
The bulk of those programs are helping Wall Street, not Main Street. The one program actually called the “Main Street Facilities,” bears little resemblance to the kind of help actual Main Street businesses need right now. Minimum loan amounts in the Fed’s Main Street program are set at $250,000 while many businesses on real Main Streets in America would be highly reluctant to take a loan of that size, given the likely prospect right now that their business won’t make it.
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What these businesses need more of are Paycheck Protection Plan (PPP) loans where the loan will be forgiven if they keep their workers on payroll. That would allow workers to avoid eviction and help small apartment building landlords stay out of foreclosure. The PPP program, run through the Small Business Administration, ended on August 8. Despite the desperate need, Congress can’t get its act together and pass a new PPP program.
A September 16 Local Economic Impact Report from Yelp indicates that while the Fed and Treasury have stonewalled Congress on what is happening with that $340 billion, 97,966 businesses have permanently closed.
The devastation has been particularly felt among restaurants, bars and clothing and home décor retailers. According to the Yelp study, as of August 31, there had been 32,109 restaurant closures with 19,590 of those indicated as permanent, or 61 percent. In the same time frame, 6,451 bars had closed with 3,499 reported as permanent (54 percent).
Among retailers, since the end of August, there has been 30,374 business closures with 17,503 (58 percent) of those indicated as permanent. And the trend is going in the wrong direction. Yelp reports that permanent closures among retailers have increased by 10 percent since July.
Another problem that Congress needs to remedy immediately is that despite regular promises from the Fed Chairman that the Fed will be transparent about its lending programs, there are four programs for which the Fed has yet to provide transaction level data – meaning the names of the borrowers and how much they borrowed. Those programs include: the Primary Dealer Credit Facility; the Commercial Paper Funding Facility; the Money Market Mutual Fund Liquidity Facility; and the Fed’s Repo Loan facility that sluiced over $9 trillion cumulatively to the trading houses on Wall Street beginning on September 17, 2019 – months before the first case of COVID-19 appeared anywhere in the world.
At a May 19 Senate Banking hearing — more than four months ago — Fed Chairman Jerome Powell stated this: “We have committed to disclose all of the borrowers and the amounts in a timely way.”
The Fed Chairman is increasingly running the risk of losing credibility with the American people.


investmentwatchblog--2020-10-07--Ben Swann Interviews Jo Jorgensen About the Media Blackout of Third Option For President on Every Ba

Ben Swann Interviews Jo Jorgensen About the Media Blackout of Third Option For President on Every Ballot in U.S.

Ben Swann ’ s exclusive one on one interview with Libertarian Presidential Candidate Jo Jorgensen about the media blackout that @ @ @ @ @ the polls and off the Presidential debate stage .

Truth in Media, Released on 10/6/20
We are primarily funded by readers. Please subscribe and donate to support us!
Ben Swann’s exclusive one on one interview with Libertarian Presidential Candidate Jo Jorgensen about the media blackout that is keeping her out of the polls and off the Presidential debate stage.


investmentwatchblog--2020-10-07--Jim Rickards: Get Ready for Chaos

Jim Rickards: Get Ready for Chaos

There ’ s less than a month until Election Day .
Once the votes are in , the die will be cast for the next four years , perhaps longer .
Trump or Biden ?
The difference could not be more clear , and the stakes could not be higher for you and your investments .
Again , this is the most consequential election of our lifetime .
If that sounds like an overstatement , it ’ s not .
If Trump wins , he may actually be able to finish his task of cleaning out Deep State actors , @ @ @ @ @ @ @ energy independence , facilitating peace in the Middle East and finally bringing U.S. troops home from multi-decade wars in Iraq and Afghanistan .
If Biden wins , brace yourself for higher taxes , the end of fracking , the Green New Deal , free tuition , free healthcare and free child care ( of course , none of this is truly “ free , ” it ’ s just paid for with more debt financed by higher taxes or more money printing ) .
In a Trump administration , the decoupling from China @ @ @ @ @ @ @ ability to spy on the U.S. and steal our best ideas will be curtailed .
If Biden wins , it will be back to business as usual with China stealing U.S. jobs , stealing U.S. intellectual property and cheating on their obligations to the World Trade Organization and the IMF .
This list of policy differences goes on , but those differences are not even the most important distinction between Trump or Biden in the White House .
The main difference is that the country will set out on two entirely different paths @ @ @ @ @ @ @ sense , this will be the most consequential election since 1860 , when a vote for Lincoln pointed toward a possible Civil War because the South had already made its intentions clear if Lincoln won .
Today , the Rebels are not Southern secessionists .
They are home-grown neo-Marxists , anarchists , thugs and goon squads who are rioting and looting daily in scores of U.S. cities .
If Trump wins , you can expect to find U.S. cities in flames within 24 hours of the election results .
If Biden wins , @ @ @ @ @ @ @ the table in the form of Bernie Sanders and Alexandria Ocasio-Cortez as they insist on full implementation of their agenda .
This includes higher taxes , higher spending , more regulation and permanent changes to U.S. governance in the form of an end to the Electoral College , a packed Supreme Court ( by expanding the number of justices ) , single-party rule in the Senate ( by ending the filibuster ) and more .
Think that ’ s bad ?
It gets worse .
The two paths involving riots or left-wing governance @ @ @ @ @ @ @ there is no winner ?
Millions of votes are being cast in the form of mail-in ballots .
State counting systems have broken down lately when they had to count a few hundred thousand ballots in close races .
What happens when the ballots are in the tens of millions ?
Secretaries of State in swing states such as Michigan , Wisconsin and Pennsylvania will be ordered by Democratic governors not to certify the results .
Armies of lawyers will descend on courthouses demanding extending voting hours , impoundment of mail-in ballots and @ @ @ @ @ @ @ , timely mailing , timely receipt and other formalities .
Other lawyers will push back .
Neither side will concede .
The outcome could be uncertain for weeks .
The riots will continue in the meantime .
And if Biden does win , it ’ s entirely possible he won ’ t be president for more than a few months .
His cognitive decline , probably the result of Alzheimer ’ s Disease or some other form of dementia , is already apparent to observers .
I realize he performed well during his @ @ @ @ @ @ @ s does not progress in a straight line .
The type of cognitive decline Biden is suffering is not a continuous downhill slide .
It ’ s what ’ s called a “ step function.
” That means the mental ability drops suddenly , then stabilizes or plateaus for a while , then drops again .
It never improves , but it can appear stable for a time until the next sudden drop comes .
It will be relatively simple to remove Biden from office under the 25th Amendment and install Kamala Harris @ @ @ @ @ @ @ followed by a formal resignation by Biden , at which point Harris would become President .
This was hinted at on September 12 when Kamala Harris made reference to a coming “ Harris Administration , ” and again on September 15 when Joe Biden referred to the “ Harris-Biden administration ” at a campaign event .
These are not mere slips of the tongue , but rather a preview of the fact that a vote for Biden is really a vote for President Harris .
Kamala Harris does not have the cognitive challenges @ @ @ @ @ @ @ a malleable blank slate who will be easily handled by the radicals whom she supports .
Compared to disputed election results and the removal of Joe Biden ( if he wins ) coming so soon after the removal of Donald Trump ( through mail-in ballot fraud ) , maybe a 39.6 % capital gains tax doesn ’ t seem so bad .
Actually , it should .
It will tank the stock market as savvy investors get out ahead of the 2021 tax law change by selling stocks in late 2020 .
All @ @ @ @ @ @ @ , foreign affairs , social unrest – are now playing out against the backdrop of the process to replace Ruth Bader Ginsburg on the Supreme Court .
That vacancy emerged when Justice Ginsburg passed away on the evening of September 18 .
Trump has nominated Amy Coney Barrett , a judicial conservative who once clerked for Antonin Scalia .
Those who oppose her fear she ’ s a threat to abortion rights and other causes supported by progressives .
A Supreme Court Justice confirmation fight is an intense political battle at the best @ @ @ @ @ @ @ since the Robert Bork nomination to the Supreme Court by Ronald Reagan in 1987 .
The Senate rejected the Bork nomination , but that confirmation process set the standard for personal attacks and the extreme political invective that has been with us ever since .
This personal attack process was on full display in the confirmation hearing for Justice Brett Kavanaugh in the summer and fall of 2018 .
Many members of the Senate Judiciary Committee who engaged in the Kavanaugh attacks , including Democratic Vice Presidential nominee Kamala Harris and presidential candidates @ @ @ @ @ @ @ still on that committee .
There is every reason to expect that this new confirmation process will be just as bitter and divisive as those for Bork and Kavanaugh .
In the broader context , this is just another wild card in what has already been an unpredictable and contentious electoral year .
Uncertainty will reign until Election Day .
Investors understand this .
What is not as well understood is that uncertainty will continue to reign after Election Day .
If Trump wins , the Resistance will not take it well .
@ @ @ @ @ @ @ , deny the legitimacy of a Trump victory , and extreme elements in the Resistance will burn American cities .
If Biden wins , his behind-the-scenes handlers will come to the fore with demands for high taxes , more regulation , the Green New Deal and other elements of the Socialist and globalist agendas .
Markets are not fully priced for any of this .
They ’ re not priced for anti-Trump chaos , and they ’ re not priced for the Bernie Bros ’ hidden agenda that will be foisted on Biden @ @ @ @ @ @ @ , you should be .
A reduced exposure to equities , an increased allocation to Treasury notes and cash , and a 10 % portfolio allocation to gold will offer true diversification , high returns and be robust to the turmoil that is in store .

BY JAMES RICKARDS
There’s less than a month until Election Day. Once the votes are in, the die will be cast for the next four years, perhaps longer. Trump or Biden? The difference could not be more clear, and the stakes could not be higher for you and your investments.
Again, this is the most consequential election of our lifetime.
If that sounds like an overstatement, it’s not. If Trump wins, he may actually be able to finish his task of cleaning out Deep State actors, reducing regulation and taxes, securing U.S. energy independence, facilitating peace in the Middle East and finally bringing U.S. troops home from multi-decade wars in Iraq and Afghanistan.
If Biden wins, brace yourself for higher taxes, the end of fracking, the Green New Deal, free tuition, free healthcare and free child care (of course, none of this is truly “free,” it’s just paid for with more debt financed by higher taxes or more money printing).
In a Trump administration, the decoupling from China will continue, and China’s ability to spy on the U.S. and steal our best ideas will be curtailed. If Biden wins, it will be back to business as usual with China stealing U.S. jobs, stealing U.S. intellectual property and cheating on their obligations to the World Trade Organization and the IMF.
This list of policy differences goes on, but those differences are not even the most important distinction between Trump or Biden in the White House. The main difference is that the country will set out on two entirely different paths depending on the outcome.
In that sense, this will be the most consequential election since 1860, when a vote for Lincoln pointed toward a possible Civil War because the South had already made its intentions clear if Lincoln won.
Today, the Rebels are not Southern secessionists. They are home-grown neo-Marxists, anarchists, thugs and goon squads who are rioting and looting daily in scores of U.S. cities.
If Trump wins, you can expect to find U.S. cities in flames within 24 hours of the election results. If Biden wins, the neo-Marxists will have a seat at the table in the form of Bernie Sanders and Alexandria Ocasio-Cortez as they insist on full implementation of their agenda.
This includes higher taxes, higher spending, more regulation and permanent changes to U.S. governance in the form of an end to the Electoral College, a packed Supreme Court (by expanding the number of justices), single-party rule in the Senate (by ending the filibuster) and more.
Think that’s bad? It gets worse. The two paths involving riots or left-wing governance depend on someone winning. What if there is no winner?
Millions of votes are being cast in the form of mail-in ballots. State counting systems have broken down lately when they had to count a few hundred thousand ballots in close races. What happens when the ballots are in the tens of millions?
Secretaries of State in swing states such as Michigan, Wisconsin and Pennsylvania will be ordered by Democratic governors not to certify the results. Armies of lawyers will descend on courthouses demanding extending voting hours, impoundment of mail-in ballots and counting of all ballots regardless of postmarks, timely mailing, timely receipt and other formalities. Other lawyers will push back.
Neither side will concede. The outcome could be uncertain for weeks. The riots will continue in the meantime.
And if Biden does win, it’s entirely possible he won’t be president for more than a few months. His cognitive decline, probably the result of Alzheimer’s Disease or some other form of dementia, is already apparent to observers. I realize he performed well during his debate with Trump, but Alzheimer’s does not progress in a straight line.
The type of cognitive decline Biden is suffering is not a continuous downhill slide. It’s what’s called a “step function.” That means the mental ability drops suddenly, then stabilizes or plateaus for a while, then drops again. It never improves, but it can appear stable for a time until the next sudden drop comes.
We are primarily funded by readers. Please subscribe and donate to support us!
It will be relatively simple to remove Biden from office under the 25th Amendment and install Kamala Harris as Acting President. This could be followed by a formal resignation by Biden, at which point Harris would become President.
This was hinted at on September 12 when Kamala Harris made reference to a coming “Harris Administration,” and again on September 15 when Joe Biden referred to the “Harris-Biden administration” at a campaign event.
These are not mere slips of the tongue, but rather a preview of the fact that a vote for Biden is really a vote for President Harris. Kamala Harris does not have the cognitive challenges of Joe Biden, but she is a malleable blank slate who will be easily handled by the radicals whom she supports.
Compared to disputed election results and the removal of Joe Biden (if he wins) coming so soon after the removal of Donald Trump (through mail-in ballot fraud), maybe a 39.6% capital gains tax doesn’t seem so bad. Actually, it should. It will tank the stock market as savvy investors get out ahead of the 2021 tax law change by selling stocks in late 2020.
All of these issues – taxes, regulation, foreign affairs, social unrest – are now playing out against the backdrop of the process to replace Ruth Bader Ginsburg on the Supreme Court. That vacancy emerged when Justice Ginsburg passed away on the evening of September 18.
Trump has nominated Amy Coney Barrett, a judicial conservative who once clerked for Antonin Scalia. Those who oppose her fear she’s a threat to abortion rights and other causes supported by progressives.
A Supreme Court Justice confirmation fight is an intense political battle at the best of times. This has been true since the Robert Bork nomination to the Supreme Court by Ronald Reagan in 1987. The Senate rejected the Bork nomination, but that confirmation process set the standard for personal attacks and the extreme political invective that has been with us ever since.
This personal attack process was on full display in the confirmation hearing for Justice Brett Kavanaugh in the summer and fall of 2018. Many members of the Senate Judiciary Committee who engaged in the Kavanaugh attacks, including Democratic Vice Presidential nominee Kamala Harris and presidential candidates Cory Booker and Amy Klobuchar, are still on that committee.
There is every reason to expect that this new confirmation process will be just as bitter and divisive as those for Bork and Kavanaugh. In the broader context, this is just another wild card in what has already been an unpredictable and contentious electoral year.
Uncertainty will reign until Election Day. Investors understand this. What is not as well understood is that uncertainty will continue to reign after Election Day.
If Trump wins, the Resistance will not take it well. They will challenge the outcome in court, deny the legitimacy of a Trump victory, and extreme elements in the Resistance will burn American cities.
If Biden wins, his behind-the-scenes handlers will come to the fore with demands for high taxes, more regulation, the Green New Deal and other elements of the Socialist and globalist agendas.
Markets are not fully priced for any of this. They’re not priced for anti-Trump chaos, and they’re not priced for the Bernie Bros’ hidden agenda that will be foisted on Biden.
Although markets may not be prepared, you should be. A reduced exposure to equities, an increased allocation to Treasury notes and cash, and a 10% portfolio allocation to gold will offer true diversification, high returns and be robust to the turmoil that is in store.
Regards,
Jim Rickards
for The Daily Reckoning


investmentwatchblog--2020-10-07--The President, the First Lady, the presidential spokesperson, and now the Joint Chiefs of Staff all

The President, the First Lady, the presidential spokesperson, and now the Joint Chiefs of Staff all in quarantine!

Is it an attack on the USA ?
?

Is it an attack on the USA??
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AC


investmentwatchblog--2020-10-07--Massive TRUMP sign erected in Los Angeles. Looks way better than the HOLLYWOOD sign! It’s going vira

Massive TRUMP sign erected in Los Angeles. Looks way better than the HOLLYWOOD sign! It’s going viral

A Trump sign was erected on the hillside along the 405 Freeway near the Sepulveda Pass .
MAGA 🇺🇸 pic.twitter.com/ojmb0eooeF @ @ @ @ @ , and I ’ m a native of Los Angeles ….We are clever , We @ @ @ @ @ IS EVERYWHERE !
!
pic.twitter.com/rGEqh4BCD8

A Trump sign was erected on the hillside along the 405 Freeway near the Sepulveda Pass. MAGA 🇺🇸 pic.twitter.com/ojmb0eooeF
Never seen anything like this, and I’m a native of Los Angeles ….We are clever, We are Badass, TRUMP SUPPORT IS EVERYWHERE!!pic.twitter.com/rGEqh4BCD8
— 𝓛𝓲𝓼𝓪 (@Rockprincess818) October 6, 2020


investmentwatchblog--2020-10-07--MICHAEL WALSH: Having Experienced the CCP Virus, Trump Can Help Free Us by Teaching About Limits.

Everybody knows the story of King Canute , the 11th-century Viking king of England , who raised his hand to stop the roll of the tide—and yet the tide rolled in anyway .
The almost certainly apocryphal story has come down to us as an illustration of hubris : even the proud monarch could not command the elements .
But that ’ s wrong .
The real moral of the story is that the king commanded the tides to stop in order to show his courtiers that there are limits to man ’ s temporal authority , and that not @ @ @ @ @ @ @ nature .
That ’ s the lesson President Trump—not to mention a swath of senior Republicans as well as the nation itself—should be taking away from Trump ’ s brush with the CCP virus ( often known as the novel coronavirus ) over the weekend .
And indeed , it seems that the president has : “ Don ’ t let it dominate your life .
This is America , this is the United States .
.
.
.
we have to confront problems.
” Leaving aside the amazing coincidence of why , @ @ @ @ @ @ @ Barrett ’ s nomination to the Supreme Court and last week ’ s debate , so much of the GOP brain trust suddenly came down with the Chinese Communist Party virus—and thus far not a single Democrat—the president ’ s seemingly quick recovery from Covid-19 was just the reality check an increasingly buffaloed and fearful America needed .
The Democrats , it seems , have gone all in on the novel coronavirus , the better to permanently destroy the economic gains of the administration and , worse , insisting against much medical evidence @ @ @ @ @ @ @ muzzled as a sign of their subordination to government at all levels .
Indeed , after dodging the issue repeatedly , Joe Biden has issued a call for mandatory mask-wearing even outdoors , for “ the next three months minimum.
” But there ’ s no meaningful evidence that wearing masks—even along with constant hand-washing and “ social distancing ” —does much of anything to “ defeat ” a virus .
Nor do destructive lockdowns that crush both spirit and body , devastate businesses , destroy livelihoods , and—in their arbitrariness and capriciousness—dishearten @ @ @ @ @ @ @ new businesses .
Worst of all has been the damage done to our constitution , which explicitly protects freedom of expression , freedom of assembly , and the free exercise of religion .
There is no constitutional exception for “ pandemics ” —and the Founding Fathers , as men of the 18th century , were certainly experienced with infectious diseases , among them cholera , tuberculosis , and yellow fever .
In fact , a yellow fever swept through Philadelphia—then the nation ’ s capital—in 1793 , just two years after the ratification @ @ @ @ @ @ @ here is the thuggish governor of New York State , Andrew Cuomo , this week threatening his state ’ s large Orthodox Jewish communities : “ I will have to tell them ‘ if you are not willing to live with these rules , I will have to close the synagogues ’ .
”

via theepochtimes:
Everybody knows the story of King Canute, the 11th-century Viking king of England, who raised his hand to stop the roll of the tide—and yet the tide rolled in anyway. The almost certainly apocryphal story has come down to us as an illustration of hubris: even the proud monarch could not command the elements.
But that’s wrong. The real moral of the story is that the king commanded the tides to stop in order to show his courtiers that there are limits to man’s temporal authority, and that not even a monarch can command God or nature.
That’s the lesson President Trump—not to mention a swath of senior Republicans as well as the nation itself—should be taking away from Trump’s brush with the CCP virus (often known as the novel coronavirus) over the weekend. And indeed, it seems that the president has: “Don’t let it dominate your life. This is America, this is the United States. . . . we have to confront problems.”
Leaving aside the amazing coincidence of why, in the immediate aftermath of Amy Coney Barrett’s nomination to the Supreme Court and last week’s debate, so much of the GOP brain trust suddenly came down with the Chinese Communist Party virus—and thus far not a single Democrat—the president’s seemingly quick recovery from Covid-19 was just the reality check an increasingly buffaloed and fearful America needed.
The Democrats, it seems, have gone all in on the novel coronavirus, the better to permanently destroy the economic gains of the administration and, worse, insisting against much medical evidence, that the American people should be muzzled as a sign of their subordination to government at all levels. Indeed, after dodging the issue repeatedly, Joe Biden has issued a call for mandatory mask-wearing even outdoors, for “the next three months minimum.”
But there’s no meaningful evidence that wearing masks—even along with constant hand-washing and “social distancing”—does much of anything to “defeat” a virus. Nor do destructive lockdowns that crush both spirit and body, devastate businesses, destroy livelihoods, and—in their arbitrariness and capriciousness—dishearten and discourage the maintenance and formation of new businesses.
Worst of all has been the damage done to our constitution, which explicitly protects freedom of expression, freedom of assembly, and the free exercise of religion. There is no constitutional exception for “pandemics”—and the Founding Fathers, as men of the 18th century, were certainly experienced with infectious diseases, among them cholera, tuberculosis, and yellow fever. In fact, a yellow fever swept through Philadelphia—then the nation’s capital—in 1793, just two years after the ratification of the Constitution.
And yet, here is the thuggish governor of New York State, Andrew Cuomo, this week threatening his state’s large Orthodox Jewish communities: “I will have to tell them ‘if you are not willing to live with these rules, I will have to close the synagogues’.”


investmentwatchblog--2020-10-07--Trump Calls Pelosi’s Bluff In Stimulus Showdown (Dow Falls 376 Pts)

President Trump called Speaker Pelosi ’ s bluff and told his team to walk away from negotiations .
@ realDonaldTrump Nancy Pelosi is asking for $ 2.4 Trillion Dollars to bailout poorly run , high crime , Democrat States , money that is in no way related to COVID-19 .
We made a very generous offer of $ 1.6 Trillion Dollars and , as usual , she is not negotiating in good faith .
I am rejecting their offer .
What Trump failed to mention was that Pelosi ’ s $ 2.4 trillion stimulus was laden with non-Covid pork like @ @ @ @ @ @ @ of the withdrawal of federal fiscal support are tangible and immediate .
American Airlines Group Inc. and United Airlines Holdings Inc. said they would start laying off 32,000 workers , blaming expiring government aid , the latest in a drumbeat of mass job cuts .
Walt Disney Co. is slashing 28,000 workers while Allstate Corp. , the fourth-largest car insurer in the U.S. , announced it will cut 3,800 jobs , roughly 8 % of its workforce .
( Bailing out companies makes little sense , but stimulus to employees makes more sense @ @ @ @ @ @ @ declined on the news .

by confoundedinterest17
President Trump called Speaker Pelosi’s bluff and told his team to walk away from negotiations.
@realDonaldTrump
Nancy Pelosi is asking for $2.4 Trillion Dollars to bailout poorly run, high crime, Democrat States, money that is in no way related to COVID-19. We made a very generous offer of $1.6 Trillion Dollars and, as usual, she is not negotiating in good faith. I am rejecting their offer.
We are primarily funded by readers. Please subscribe and donate to support us!
What Trump failed to mention was that Pelosi’s $2.4 trillion stimulus was laden with non-Covid pork like mail-in, early balloting.
The consequences of the withdrawal of federal fiscal support are tangible and immediate. American Airlines Group Inc. and United Airlines Holdings Inc. said they would start laying off 32,000 workers, blaming expiring government aid, the latest in a drumbeat of mass job cuts. Walt Disney Co. is slashing 28,000 workers while Allstate Corp., the fourth-largest car insurer in the U.S., announced it will cut 3,800 jobs, roughly 8% of its workforce. (Bailing out companies makes little sense, but stimulus to employees makes more sense).
The US Treasury yield curve declined on the news.


investmentwatchblog--2020-10-07--AOC says that if the Left wins, there’s no “going back to brunch.” Here’s what she means…

AOC says that if the Left wins , there ’ s no `` going back to brunch . ''
Here @ @ @ @ @ pic.twitter.com/FSkFhdhlp2

AOC says that if the Left wins, there’s no "going back to brunch." Here’s what she means… pic.twitter.com/FSkFhdhlp2
— Dinesh D'Souza (@DineshDSouza) October 6, 2020