investmentwatchblog--2020-09-15--Will Sally Become The First Hurricane To Hit New Orleans In The Month Of September Since Hurricane K

Will Sally Become The First Hurricane To Hit New Orleans In The Month Of September Since Hurricane Katrina?

After everything else we have been through in 2020 , now here comes Hurricane Sally .
It is the seventh hurricane of the 2020 Atlantic hurricane season , and it could end up being the most destructive .
On Monday it strengthened into a Category 2 hurricane with 100 mph winds , and we are being told that it could potentially become a Category 3 storm before it finally makes landfall .
But the wind speed is not what makes this storm potentially so dangerous .
Hurricane Sally is expected to slow down significantly as it approaches the Gulf Coast @ @ @ @ @ @ @ that some areas could see up to two feet of rain .
That could mean “ life-threatening flooding ” , especially if this storm directly hits New Orleans .
We all remember what happened when Hurricane Katrina hit the city of New Orleans in September 2005 .
Since that time , we have not seen a hurricane directly hit the city of New Orleans during the month of September , and this is something that I have been tracking every year .
At this hour , we still don ’ t know where @ @ @ @ @ @ @ is heading toward New Orleans , but some forecasters expect it to make a very sharp turn to the north right before it gets there .
But what if it doesn ’ t ?
In 2005 , Hurricane Katrina was a Category 3 storm when it finally reached New Orleans , and it is anticipated that Hurricane Sally will be a Category 2 or a Category 3 storm when it ultimately makes landfall .
In fact , weather.com says that “ additional strengthening is anticipated ” in the hours ahead… So if Hurricane @ @ @ @ @ @ @ right now , it would seem likely that it would reach Category 3 at some point .
But what makes this storm so unique is that it is supposed to move extremely slowly once it reaches the Gulf Coast , and that could mean “ up to 48 hours of storm surge and rainfall ” … If the hardest hit areas are not densely populated , the overall damage may not be that dramatic .
But if this storm were to hover over the New Orleans area for about 48 hours , we @ @ @ @ @ @ @ an absolutely massive catastrophe .
So it all depends on where this storm ultimately goes .
Of course many of us didn ’ t even realize until recently that a threat was looming , because this storm only became a tropical depression a few days ago… And I think that Louisiana Governor John Bel Edwards put it very well when he said that Hurricane Sally “ seemed to come out of nowhere ” … In 2005 , it was the unprecedented flooding that made Hurricane Katrina so horrific , and this storm has @ @ @ @ @ @ @ of a disaster .
In the worst hit portions of Louisiana , Hurricane Katrina dumped up to 15 inches of rain , but Hurricane Sally could possibly dump up to 2 feet of rain in some areas… So should we be concerned ?
You better believe it .
In fact , Governor Edwards is openly warning that New Orleans could definitely be facing tremendous flooding once again… And this comes at a time when much of Louisiana is still dealing with the aftermath of Hurricane Laura .
More than 80,000 people are still @ @ @ @ @ @ @ households still do not have clean drinking water .
So this is a really bad time for another major storm to be coming along , and because of how slowly it is moving it is likely that Hurricane Sally will be far more destructive than Hurricane Laura was .
But let us hope that a worst case scenario can be avoided .
If it makes a sharp turn to the north soon , that will probably mean that New Orleans will be spared .
Unfortunately , time is running out , and as @ @ @ @ @ @ @ still heading toward a date with destiny .
Here in 2020 , it has just been one thing after another , and now the major disasters are happening so frequently that they are starting to overlap one another .
Yesterday I wrote about the historic wildfires that are absolutely ravaging the west coast , and now today I am writing about how New Orleans is potentially facing the worst disaster that they have seen since Hurricane Katrina .
And this is just the beginning .
As “ the perfect storm ” continues to @ @ @ @ @ @ @ even worse .
Unfortunately , most Americans are still completely clueless about all of this .
Most people still think that everything will return to “ normal ” very soon , but that simply is not going to happen .

by Michael Snyder
After everything else we have been through in 2020, now here comes Hurricane Sally. It is the seventh hurricane of the 2020 Atlantic hurricane season, and it could end up being the most destructive. On Monday it strengthened into a Category 2 hurricane with 100 mph winds, and we are being told that it could potentially become a Category 3 storm before it finally makes landfall. But the wind speed is not what makes this storm potentially so dangerous. Hurricane Sally is expected to slow down significantly as it approaches the Gulf Coast, and we are now being told that some areas could see up to two feet of rain. That could mean “life-threatening flooding”, especially if this storm directly hits New Orleans.
We all remember what happened when Hurricane Katrina hit the city of New Orleans in September 2005. Since that time, we have not seen a hurricane directly hit the city of New Orleans during the month of September, and this is something that I have been tracking every year.
At this hour, we still don’t know where Hurricane Sally will make landfall. It is heading toward New Orleans, but some forecasters expect it to make a very sharp turn to the north right before it gets there.
But what if it doesn’t?
In 2005, Hurricane Katrina was a Category 3 storm when it finally reached New Orleans, and it is anticipated that Hurricane Sally will be a Category 2 or a Category 3 storm when it ultimately makes landfall. In fact, weather.com says that “additional strengthening is anticipated” in the hours ahead…
Hurricane Sally has rapidly intensified and additional strengthening is anticipated as it tracks toward the northern Gulf Coast, where it will bring an extremely dangerous storm surge, flooding rainfall and damaging winds early this week. Sally will also pose a threat of flooding rainfall farther inland across parts of the Southeast.
So if Hurricane Sally is already a Category 2 storm right now, it would seem likely that it would reach Category 3 at some point.
But what makes this storm so unique is that it is supposed to move extremely slowly once it reaches the Gulf Coast, and that could mean “up to 48 hours of storm surge and rainfall”…
Sally’s outer bands should begin to reach the Gulf Coast Monday morning with significant progress inland not expected until Wednesday morning. This likely allows for up to 48 hours of storm surge and rainfall which could be a very dangerous situation.
If the hardest hit areas are not densely populated, the overall damage may not be that dramatic.
But if this storm were to hover over the New Orleans area for about 48 hours, we would be talking about the potential for an absolutely massive catastrophe.
So it all depends on where this storm ultimately goes.
Of course many of us didn’t even realize until recently that a threat was looming, because this storm only became a tropical depression a few days ago…
In less than 24 hours, Sally went from being a mass of showers and thunderstorms east of the Bahamas on Friday afternoon and to a tropical depression on Friday evening, before becoming a tropical storm on Saturday afternoon.
And I think that Louisiana Governor John Bel Edwards put it very well when he said that Hurricane Sally “seemed to come out of nowhere”…
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“I know for a lot of people, this storm seemed to come out of nowhere,” Louisiana Gov. John Bel Edwards said. “We need everybody to pay attention to this storm. Let’s take this one seriously.”
In 2005, it was the unprecedented flooding that made Hurricane Katrina so horrific, and this storm has the potential to create a similar sort of a disaster.
In the worst hit portions of Louisiana, Hurricane Katrina dumped up to 15 inches of rain, but Hurricane Sally could possibly dump up to 2 feet of rain in some areas…
As it lurches over the Gulf Coast, Hurricane Sally could bring 8 to 16 inches of rain, and some areas could see up to two feet. “Life-threatening flash flooding is possible. In addition, this rainfall will likely lead to widespread minor to isolated major flooding on area rivers,” forecasters at the Hurricane Center said.
So should we be concerned?
You better believe it.
In fact, Governor Edwards is openly warning that New Orleans could definitely be facing tremendous flooding once again…
“New Orleans is better prepared for a hurricane than she’s ever been before, but if you get 18 inches of water in 10 hours, I think Aspen, Colorado, would probably flood. So I’m concerned, but not paralyzed by it,” Edwards said.
And this comes at a time when much of Louisiana is still dealing with the aftermath of Hurricane Laura. More than 80,000 people are still without power, and more than 200,000 households still do not have clean drinking water.
So this is a really bad time for another major storm to be coming along, and because of how slowly it is moving it is likely that Hurricane Sally will be far more destructive than Hurricane Laura was.
But let us hope that a worst case scenario can be avoided. If it makes a sharp turn to the north soon, that will probably mean that New Orleans will be spared.
Unfortunately, time is running out, and as I write this article this storm is still heading toward a date with destiny.
Here in 2020, it has just been one thing after another, and now the major disasters are happening so frequently that they are starting to overlap one another. Yesterday I wrote about the historic wildfires that are absolutely ravaging the west coast, and now today I am writing about how New Orleans is potentially facing the worst disaster that they have seen since Hurricane Katrina.
And this is just the beginning. As “the perfect storm” continues to intensify, things are going to get even worse.
Unfortunately, most Americans are still completely clueless about all of this.
Most people still think that everything will return to “normal” very soon, but that simply is not going to happen.


investmentwatchblog--2020-09-15--Muammar Gaddafi speaks at the UN, in 2009 “They will create the viruses themselves and sell you the

Muammar Gaddafi speaks at the UN, in 2009 “They will create the viruses themselves and sell you the antidote…”

Combined assassination attempts on this guy from western countries agencies , including mossad , is above a 100 .
Not @ @ @ @ @ always silent….. “ We came , we saw , he died..hahaha ”

Combined assassination attempts on this guy from western countries agencies, including mossad, is above a 100. Not even kidding. Medias were always silent…..
“We came, we saw, he died..hahaha”
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Hillary Clinton
h/t Venus230


investmentwatchblog--2020-09-18--America hasn’t seen unemployment rise this sharply since 1948 — and experts say it’s not over yet

“ Even with the economy slowly starting to reopen , the number of unemployed should continue to rise sharply as @ @ @ @ @ businesses that have tried but not succeeded at holding the line , are now laying @ @ @ @ @ Naroff , president and founder of Naroff Economic Advisors in Bucks County , said in @ @ @ @ @ He and other economists expect the unemployment rate to exceed 20 % .

“Even with the economy slowly starting to reopen, the number of unemployed should continue to rise sharply as governments, as well as businesses that have tried but not succeeded at holding the line, are now laying off workers,” Joel Naroff, president and founder of Naroff Economic Advisors in Bucks County, said in a note to clients. He and other economists expect the unemployment rate to exceed 20%.
www.inquirer.com/business/us-unemployment-record-rate-april-20200508.html


investmentwatchblog--2020-09-17--New Digital Dollar Scheme May Wipe Out the U.S. Dollar For Good

The U.S. Congress sent the hearts of cryptocurrency holders aflutter last week , pushing Bitcoin up by 15 % to @ @ @ @ @ a proposed digital dollar was mooted as part of the trillion-dollar stimulus package to help @ @ @ @ @ the coronavirus-induced national shutdown .
With tens of millions of Americans and small businesses urgently @ @ @ @ @ meet while the pandemic halts almost all economic activity , the U.S. Senate passed a @ @ @ @ @ to dispatch relief cash payments of up to $ 1,200 to eligible single citizens ( @ @ @ @ @ ) and $ 2,400 for married couples .
In early versions of the bill , @ @ @ @ @ wallet for affected Americans were included , but didn ’ t make the final cut @

The U.S. Congress sent the hearts of cryptocurrency holders aflutter last week, pushing Bitcoin up by 15% to almost $7000, when a proposed digital dollar was mooted as part of the trillion-dollar stimulus package to help Americans stay financially afloat during the coronavirus-induced national shutdown.
With tens of millions of Americans and small businesses urgently needing cash to make ends meet while the pandemic halts almost all economic activity, the U.S. Senate passed a bill on Wednesday 25 March to dispatch relief cash payments of up to $1,200 to eligible single citizens (earning less than $99,000) and $ 2,400 for married couples. In early versions of the bill, a Fed-issued digital dollar and wallet for affected Americans were included, but didn’t make the final cut.
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www.sygna.io/blog/why-fed-issued-digital-dollar-cbdc-nearly-made-congress-2-trillion-dollar-stimulus-bill/


investmentwatchblog--2020-09-17--The Just Promised MAJOR INFLATION and No Chance of Stopping It! Prepare Accordingly

The Federal Reserve has gone down a path it can not turn back from .
It has gone towards the @ @ @ @ @ .
There is no way that printing excessive quantities of fiat currency can ever work @ @ @ @ @ this but that ’ s what is being done anyway .
There are no historical @ @ @ @ @ and yet they ’ re all doing it .
Sadly , people are enjoying this @ @ @ @ @ somehow positive .
How foolish .
The Fed ’ s New Dot Plot After Its @ @ @ @ @ – Bloomberg Fed ’ s Lifeline to Main Street Flops With 99.8 % of Cash @ @ @ @ @ its side in inflation debate and sends market a message — no rate hikes for @ @ @ @ @ rates near zero through 2023 – POLITICO Yelp data shows 60 % of business closures @ @ @ @ @ are now permanent ( 10 ) Sven Henrich on Twitter : “ The credit bubbles @ @ @ @ @ ” / Twitter

The Federal Reserve has gone down a path it cannot turn back from. It has gone towards the inevitable failure of the currency. There is no way that printing excessive quantities of fiat currency can ever work out well. They know this but that’s what is being done anyway. There are no historical examples of successful currency debasement and yet they’re all doing it. Sadly, people are enjoying this policy and believe this is somehow positive. How foolish.
Markets: Indexes, Bonds, Forex, Key Commodities, ETFs
www.cnbc.com/markets/
Federal Reserve issues FOMC statement
www.federalreserve.gov/monetarypolicy/files/monetary20200916a1.pdf
The Fed’s New Dot Plot After Its September Rate Meeting: Chart – Bloomberg
www.bloomberg.com/news/articles/2020-09-16/the-fed-s-new-dot-plot-after-its-september-rate-meeting-chart
Fed’s Lifeline to Main Street Flops With 99.8% of Cash Untapped – Bloomberg
www.bloomberg.com/news/articles/2020-09-15/banks-balk-at-fed-s-600-billion-lifeline-for-main-street-firms?srnd=premium&sref=ZEpEDN5v
Fed picks its side in inflation debate and sends market a message — no rate hikes for years
www.cnbc.com/2020/09/16/fed-picks-its-side-in-inflation-debate-and-sends-market-a-message-no-rate-hikes-for-years.html
Fed expects to keep rates near zero through 2023 – POLITICO
www.politico.com/news/2020/09/16/federal-reserve-zero-interest-rate-416202
‘Don’t do it’ – studies flash sub-zero rate warnings to central banks | Reuters
www.reuters.com/article/us-global-markets-negative-analysis/dont-do-it-studies-flash-sub-zero-rate-warnings-to-central-banks-idUSKBN26724F
cbankrates1109.PNG (871×560)
fingfx.thomsonreuters.com/gfx/mkt/ygdvzmoabpw/cbankrates1109.PNG
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Super-Rich Step Up Big Stock Sales After Global Prices Surge – Bloomberg
www.bloomberg.com/news/articles/2020-09-15/super-rich-step-up-large-stock-sales-after-global-prices-surge
Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent
www.cnbc.com/2020/09/16/yelp-data-shows-60percent-of-business-closures-due-to-the-coronavirus-pandemic-are-now-permanent.html
Hotels facing a painful wave of permanent closures – SFGate
www.sfgate.com/travel/article/Hotels-permanently-closing-15569121.php
(10) Sven Henrich on Twitter: “The credit bubbles keep getting larger. t.co/uRaXD1Glb1” / Twitter
twitter.com/NorthmanTrader/status/1305596207356616711?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1305596207356616711%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fmarkets%2Funspoken-truth-fed-day-exposed
path to top 5.jpg (914×297)
www.zerohedge.com/s3/files/inline-images/path%20to%20top%205.jpg?itok=utfspfln
market leadership big 5.jpg (1191×500)
www.zerohedge.com/s3/files/inline-images/market%20leadership%20big%205.jpg?itok=VTAYRM-j
big five 2000 vs 2020.jpg (1184×811)
www.zerohedge.com/s3/files/inline-images/big%20five%202000%20vs%202020.jpg?itok=UtjdPDSs
performance of rule of ten.jpg (881×586)
www.zerohedge.com/s3/files/inline-images/performance%20of%20rule%20of%20ten.jpg?itok=l7PcGAks


Canada More Lockdowns?

There are rumors now running around that more lockdowns are coming in Canada .
I can not verify that this @ @ @ @ @ twitter that is going viral does put it correctly , this is now becoming the @ @ @ @ @ seems to be controlled by the Oligarchs .
We will see if Canada goes in @ @ @

by Martin Armstrong
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There are rumors now running around that more lockdowns are coming in Canada. I cannot verify that this is correct, but this twitter that is going viral does put it correctly, this is now becoming the people v the establishment which seems to be controlled by the Oligarchs. We will see if Canada goes in this direction.


investmentwatchblog--2020-09-17--Kamala arrives in Milwaukee and Florida, but like Trump says, ‘No one likes her’ no supporters to gr

Kamala arrives in Milwaukee and Florida, but like Trump says, ‘No one likes her’ no supporters to greet her

So Let ’ s talk about her shoes !
!
The left is all a rage over Kamala Harris ’ @ @ @ @ @ Timberland and Converse .
I guess this means she ’ s down with it , @ @ @ @ @ !
But with who ?
No one showed up to greet her in Milwaukee or @ @ @ @ @ ) ?
?

So Let’s talk about her shoes!! The left is all a rage over Kamala Harris’s choice of Footwear; Timberland and Converse.
I guess this means she’s down with it, cool and ready to party! But with who? No one showed up to greet her in Milwaukee or Florida (must feel strange) ??
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Kamala Harris arrives in Milwaukee for meetings this afternoon in her black hightop Chuck Taylor Converse LIKE A BOSS. pic.twitter.com/auSGfTYkso — Amee Vanderpool (@girlsreallyrule) September 7, 2020
New GIF Alert 🚨
Kamala Harris rockin the Timberlands: pic.twitter.com/V8RlyhbNWv — Chris Strider (@stridinstrider) September 15, 2020
h/t KuvaszLove


investmentwatchblog--2020-09-17--USD is still the King – and by a huge margin!

USD is still the King – and by a huge margin !
pic.twitter.com/JkFkRn536t

USD is still the King – and by a huge margin! pic.twitter.com/JkFkRn536t
— Asif Abdullah (@Asif_H_Abdullah) September 16, 2020


investmentwatchblog--2020-09-17--Why I believe Amazon is going to destroy next quarter

Amazon Smile is an amazon initiative where they donate .5 % of sales to charity .
I don ’ t know what percent of amazon customers use smile or how many times they do , but I ’ m going to do a rough estimate here based on past quantifiable data The amazon smile foundation donated about $ 37.2M in 2018 projects.propublica.org/nonprofits/display_990/462626883/09_2019_prefixes_45-46 % 2F462626883_201812_990PF_2019091716657143 In 2018 Amazon ’ s online retail sales was about $ 123B www.statista.com/statistics/672747/amazons-consolidated-net-revenue-by-segment/ So the smile donations to sales revenue ratio is about 0.0003 % In August 2020 , after Amazon ’ s Q2 it says @ @ @ @ @ @ @ smile about $ 198M web.archive.org/web/20200826234741/https : //smile.amazon.com/gp/chpf/homepage ?
orig= % 2F Now if you go to their site it says they have donated so far $ 215M smile.amazon.com/gp/chpf/homepage ?
orig= % 2F So 215 – 198 = $ 17M in smile donations the past month or so .
Now if we take the ratio I calculated before hand , In Q2 2020 ( last quarter ) Amazon ’ s online sales revenue was $ 45.6B .
We still have over a month left till Q3 , and I estimate that Amazon has already @ @ @ @ @ @ @ least in the retail side ) .
Disclaimer : This information is only for educational purposes .
Do not make any investment decisions based on the information in this article .
Do you own due diligence or consult your financial professional before making any investment decision .

by masteryyi
Amazon Smile is an amazon initiative where they donate .5% of sales to charity. I don’t know what percent of amazon customers use smile or how many times they do, but I’m going to do a rough estimate here based on past quantifiable data
The amazon smile foundation donated about $37.2M in 2018 projects.propublica.org/nonprofits/display_990/462626883/09_2019_prefixes_45-46%2F462626883_201812_990PF_2019091716657143
In 2018 Amazon’s online retail sales was about $123B www.statista.com/statistics/672747/amazons-consolidated-net-revenue-by-segment/
So the smile donations to sales revenue ratio is about 0.0003%
In August 2020, after Amazon’s Q2 it says on their website they have donated through smile about $198M web.archive.org/web/20200826234741/https://smile.amazon.com/gp/chpf/homepage?orig=%2F
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Now if you go to their site it says they have donated so far $215M smile.amazon.com/gp/chpf/homepage?orig=%2F
So 215 – 198 = $17M in smile donations the past month or so.
Now if we take the ratio I calculated before hand,
17M/.0003 = $56.7B in online sales revenue
In Q2 2020 (last quarter) Amazon’s online sales revenue was $45.6B. We still have over a month left till Q3, and I estimate that Amazon has already surpassed their revenue from Q2 (at least in the retail side).
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.


investmentwatchblog--2020-09-17--Bag holders came out today, claiming they saw this coming. yep. BTFD like monkeys

Bag holders came out today , claiming they saw this coming .
yep .
BTFD like monkeys They also saw @ @ @ @ @ since Mar lows 🙃 When market up , they are super bullish when down , @ @ @ @ @ the bell at both extremes 🧐 t.co/2wiJgLOpLg

Bag holders came out today, claiming they saw this coming. yep. BTFD like monkeys
They also saw Mar lows; became bullish since Mar lows 🙃
Yep.
Hindsight is always 20-20
When market up, they are super bullish
when down, they are bearish
They ring the bell at both extremes 🧐 t.co/2wiJgLOpLg
— Kerberos007 (@kerberos007) September 17, 2020


investmentwatchblog--2020-09-17--The truth about how the Federal Reserve supports and entrenches oligarchy in two screenshots.

The truth about how the Federal Reserve supports and entrenches oligarchy in two screenshots .
It ’ s the most @ @ @ @ @ .
pic.twitter.com/y6C0T7Gr9n

The truth about how the Federal Reserve supports and entrenches oligarchy in two screenshots.
It’s the most destructive institution on the planet. pic.twitter.com/y6C0T7Gr9n
— Michael Krieger (@LibertyBlitz) September 17, 2020


investmentwatchblog--2020-09-17--China Trims US Treasury Bonds, Continuing a Downward Spiral Amid Growing Risks of Greenback Assets

China slightly trimmed its holding of US Treasury bonds for the second straight month in July , continuing a downward @ @ @ @ @ greenback assets .
China cut its US Treasury bond holdings by $ 1 billion in @ @ @ @ @ , US Treasury Department data showed Wednesday .
As of July , China remained the @ @ @ @ @ government debt , while Japan remained top with its US debt holdings surging $ 31.5 @ @ @ @ @ .
Total foreign holdings of US Treasury debt grew by $ 48.2 billion month-on-month to @ @ @ @ @ .
China also sold US Treasury bonds in March and April this year .
“ @ @ @ @ @ Treasury bonds continue to drop , it ’ s more appropriate for China to reduce @ @ @ @ @ , ” Tian Yun , vice director of the Beijing Economic Operation Association , told @ @ @ @ @ .

China slightly trimmed its holding of US Treasury bonds for the second straight month in July, continuing a downward spiral amid growing risks of greenback assets.
China cut its US Treasury bond holdings by $1 billion in July to $1.07 trillion, US Treasury Department data showed Wednesday.
As of July, China remained the second-largest foreign holder of US government debt, while Japan remained top with its US debt holdings surging $31.5 billion to $1.29 trillion. Total foreign holdings of US Treasury debt grew by $48.2 billion month-on-month to $7.09 trillion in July.
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China also sold US Treasury bonds in March and April this year.
“As the yields of US Treasury bonds continue to drop, it’s more appropriate for China to reduce holdings of the greenback asset,” Tian Yun, vice director of the Beijing Economic Operation Association, told the Global Times on Thursday.
www.globaltimes.cn/content/1201194.shtml


investmentwatchblog--2020-09-17--This Is Why Inflation Will Rip Everyone’s Face Off

This is why inflation will rip everyone ’ s faces off : production will continue to stagnate no matter how many trillions the Federal Reserve prints and throws around .
This is how market capitalism is supposed to work : consumers decide ( for whatever reason ) to buy more toilet paper .
This increase in demand strips the shelves of TP and pushes the price up as demand exceeds supply .
In response , capital flows to enterprises that ramp up production of TP to meet this new demand / scarcity of supply .
Price returns to equilibrium .
@ @ @ @ @ @ @ but oops , this isn ’ t what actually happens in our economy .
What actually happens is less of a happy story .
As correspondent A.P .
explained in Our Wile E. Coyote Economy : Nothing But Financial Engineering ( June 12 , 2020 ) , the real money in the American economy isn ’ t made by increasing production of goods and services or making better quality products ; it ’ s made with debt that funds financial trickery like stock buy-backs .
The “ business ” is just the facade @ @ @ @ @ @ @ loans , stock buy-backs , etc .
Corporate America has perfected this game , and so have Wall Street and SillyCon Valley , which produces one money-losing unicorn after another that IPOs for tens of billions of dollars , all based on the pixie dust of future profits and valuations .
Production is for losers .
Financial engineering is for winners .
Simply put , capital has no interest in gambling on building factories and training employees .
Not only is that risky , it ’ s a low margin endeavor , which @ @ @ @ @ @ @ .
How many billionaires have been minted in America in the past 20 years for building anything ?
Billionaires become billionaires by either hijacking the human mind ’ s receptors for attention and addiction or by selling corporate bonds and leveraging the debt to skim billions of dollars .
Not only is capital not available to boost production , neither is the expertise or labor .
A great many of the people with the hands-on experience needed to build stuff and manage complex production processes have retired or will soon retire , and @ @ @ @ @ @ @ ready to take the field .
If production is absolutely necessary , then Corporate America will have it done on the cheap overseas .
Sure , the quality is terrible but the American consumer will buy without question ; that ’ s why corporations went to all the trouble of establishing a heavily moated monopoly or cartel : the consumers have either no choice or a false choice between members of a cartel offering the same lousy quality and high prices .
But Corporate America ’ s go-to solution to everything–globalization–is running out @ @ @ @ @ @ @ .
Corporate America ’ s tired trick of offering a couple bucks more per hour for the opportunity to double your workload no longer works because the issue isn ’ t the couple bucks per hour ; it ’ s that the workforce no longer has the requisite skills because our educational system and Corporate America have failed .
The Federal Reserve can conjure up trillions of dollars out of thin air to further enrich the nation ’ s parasitic scum , but they can ’ t print experienced , motivated workers or @ @ @ @ @ @ @ gave up training its workforce a long time ago , and SillyCon Valley has perfected the art of poaching employees from competitors rather than invest in training .
As for the underpaid workforce who ’ s supposed to do the real work— as I ’ ve noted here many times , the pandemic has given many workers an opportunity to reassess their options , and some consequential percentage ( including many small business owners ) have concluded that the wisest course of action is to follow Johnny Paycheck ’ s suggestion to Take @ @ @ @ @ @ @ top 5 % –speculators , technocrats , managers and the chattering classes– haven ’ t grasped that America is now a variation on the old Soviet joke : The Soviet joke was we pretend to work and you pretend to pay us .
In America , the joke is : we work like crazy to make you rich and you pretend to pay us .
This is why inflation will rip everyone ’ s faces off : production will continue to stagnate no matter how many trillions the Federal Reserve prints and throws @ @ @ @ @ @ @ engineering and the purchasing power of labor ’ s wages in permanent decline , we ’ re about to reap the consequences of hollowing out our real economy to benefit the most parasitic and socially useless sociopaths at the top .

by Charles Hugh-Smith
This is why inflation will rip everyone’s faces off: production will continue to stagnate no matter how many trillions the Federal Reserve prints and throws around.
This is how market capitalism is supposed to work: consumers decide (for whatever reason) to buy more toilet paper. This increase in demand strips the shelves of TP and pushes the price up as demand exceeds supply.
In response, capital flows to enterprises that ramp up production of TP to meet this new demand / scarcity of supply. Price returns to equilibrium.
Yea for our wunnerful market capitalism … but oops, this isn’t what actually happens in our economy. What actually happens is less of a happy story. As correspondent A.P. explained in Our Wile E. Coyote Economy: Nothing But Financial Engineering (June 12, 2020), the real money in the American economy isn’t made by increasing production of goods and services or making better quality products; it’s made with debt that funds financial trickery like stock buy-backs.
The “business” is just the facade used to justify the corporate bonds, loans, stock buy-backs, etc. Corporate America has perfected this game, and so have Wall Street and SillyCon Valley, which produces one money-losing unicorn after another that IPOs for tens of billions of dollars, all based on the pixie dust of future profits and valuations.
Production is for losers. Financial engineering is for winners. Simply put, capital has no interest in gambling on building factories and training employees. Not only is that risky, it’s a low margin endeavor, which makes it of zero interest to capital.
How many billionaires have been minted in America in the past 20 years for building anything? Billionaires become billionaires by either hijacking the human mind’s receptors for attention and addiction or by selling corporate bonds and leveraging the debt to skim billions of dollars.
Not only is capital not available to boost production, neither is the expertise or labor. A great many of the people with the hands-on experience needed to build stuff and manage complex production processes have retired or will soon retire, and there isn’t a second team ready to take the field.
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If production is absolutely necessary, then Corporate America will have it done on the cheap overseas. Sure, the quality is terrible but the American consumer will buy without question; that’s why corporations went to all the trouble of establishing a heavily moated monopoly or cartel: the consumers have either no choice or a false choice between members of a cartel offering the same lousy quality and high prices.
But Corporate America’s go-to solution to everything–globalization–is running out of rope, and the cliff beckons.
Corporate America’s tired trick of offering a couple bucks more per hour for the opportunity to double your workload no longer works because the issue isn’t the couple bucks per hour; it’s that the workforce no longer has the requisite skills because our educational system and Corporate America have failed.
The Federal Reserve can conjure up trillions of dollars out of thin air to further enrich the nation’s parasitic scum, but they can’t print experienced, motivated workers or people with entrepreneurial skills.
Corporate America gave up training its workforce a long time ago, and SillyCon Valley has perfected the art of poaching employees from competitors rather than invest in training.
As for the underpaid workforce who’s supposed to do the real work— as I’ve noted here many times, the pandemic has given many workers an opportunity to reassess their options, and some consequential percentage (including many small business owners) have concluded that the wisest course of action is to follow Johnny Paycheck’s suggestion to Take This Job and Shove It.
The top 5%–speculators, technocrats, managers and the chattering classes– haven’t grasped that America is now a variation on the old Soviet joke: The Soviet joke was we pretend to work and you pretend to pay us. In America, the joke is: we work like crazy to make you rich and you pretend to pay us.
This is why inflation will rip everyone’s faces off: production will continue to stagnate no matter how many trillions the Federal Reserve prints and throws around. With capital addicted to financial engineering and the purchasing power of labor’s wages in permanent decline, we’re about to reap the consequences of hollowing out our real economy to benefit the most parasitic and socially useless sociopaths at the top.


investmentwatchblog--2020-09-17--QE goes on….Low rates through 2023….Twin deficits at record levels…. Only one way out folks…

Only one way out folks… National debt has grown over 3.5x nominal GDP since the break of the gold standard @ @ @ @ @ .
– Low rates through 2023 .
– Twin deficits at record levels .
You @ @ @ @ @ only issue we have ?
The trade balance also just reached near all-time lows .
@ @ @ @ @ be dragged down along with it .
Twin deficits are set to explode to over @ @ @ @ @

Only one way out folks…
National debt has grown over 3.5x nominal GDP since the break of the gold standard.
– QE goes on. – Low rates through 2023. – Twin deficits at record levels.
You thought government deficit was the only issue we have?
The trade balance also just reached near all-time lows.
The current account will likely be dragged down along with it.
Twin deficits are set to explode to over 25% of GDP.
Highest level ever reported. pic.twitter.com/JN7hMpClzI
— Otavio (Tavi) Costa (@TaviCosta) September 16, 2020


investmentwatchblog--2020-09-17--Sony reduces PS5 production by 26.7% due to AMD chip issue

According to Bloomberg , there is a low yield issue with the SOC chip in PS5 ( as low as @ @ @ @ @ As the result , Sony will have to cut its PS5 production by 26.7 % @ @ @ @ @ AMD provides those SOC chips ( custom 8-core AMD Zen 2 CPU and custom GPU @ @ @ @ @ RDNA 2 architecture ) , and those chips are manufactured with TSMC 7nm process .
@ @ @ @ @ Zen 3 and Big Navi also use TSMC 7nm , will there be yield issue @ @ @ @ @ Navi too ?
Probably yes .
Will this cause AMD and TSMC stocks to drop @ @ @ @ @ keep seeing news like this coming out in the next few weeks , obviously it @ @ @ @ @ any of these companies .
So take this into consideration for your next play – @ @ @ @ @ thinking the market has finally turned around .

by learner4f
According to Bloomberg, there is a low yield issue with the SOC chip in PS5 (as low as 50% yield). As the result, Sony will have to cut its PS5 production by 26.7%. As we know, AMD provides those SOC chips (custom 8-core AMD Zen 2 CPU and custom GPU based on AMD’s RDNA 2 architecture), and those chips are manufactured with TSMC 7nm process.
Since AMD’s upcoming Zen 3 and Big Navi also use TSMC 7nm, will there be yield issue for Zen 3 and Big Navi too? Probably yes.
Will this cause AMD and TSMC stocks to drop? Maybe.
If we keep seeing news like this coming out in the next few weeks, obviously it’s not good for any of these companies. So take this into consideration for your next play – don’t just YOLO thinking the market has finally turned around.
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www.bloomberg.com/news/articles/2020-09-15/sony-is-said-to-cut-ps5-forecast-by-4-million-due-to-chip-woes
www.theverge.com/2020/3/18/21183181/sony-ps5-playstation-5-specs-details-hardware-processor-8k-ray-tracing
en.wikichip.org/wiki/amd/ryzen_7/4800u
www.tomshardware.com/news/big-navi-picture-radeon-rx6000


investmentwatchblog--2020-09-17--SNOW is worth only 75-85 per a share. Not a penny more. Don’t get sucked into this overly hyped tech

SNOW is worth only 75-85 per a share. Not a penny more. Don’t get sucked into this overly hyped tech stock.

Please stop pumping a 3.3 Billion dollar company , that just had price targets jump 75 to 120 ( 60 % price increase ) with no underlying changes to its fundamentals .
Any google search will bring up a million article giving glowing praises that SNOW can be the next AAPL or MSFT , sure anything can happen , but that ’ s 10 years down the road if at all .
There are no options yet for this company , so there are few metrics to determine the expected moves in price , but you can do simple DD @ @ @ @ @ @ @ Want to know how you can tell a bad buy from a good buy ?
two main categories I use are When gauging future growth of a company just ask yourself these questions and try to find answer .
• What are you ( the investor ) waiting for now that you bought 275 dollars of SNOW ?
• Do they have a roadmap of future services ?
• What sort of revenue streams will they be focusing on in this pandemic , will it be investing into growing existing contract or spend @ @ @ @ @ @ @ they focus on more research and development ?
And if so OF WHAT ?
• How will they KEEP existing revenue streams ?
Undercutting competition ’ s prices , what do previous customers think of them vs competitors ?
• What sort of long term plan do they have if any for a growth from a their expected 3.3 billion dollar funding to a now market valuation .
These are questions which are not answered yet , and If you look at the wiki for the company , all of the information will @ @ @ @ @ @ @ launch and none of it will be about any product , service or asset they have because they don ’ t have any .
They are an unremarkable company that has potential to carve out a piece of a field only because the field has so much growth potential .
The company ’ s website has glowing reviews of essentially a tailored data solution which is a service many non-publically traded contracting company ’ s already do .
Companies get google or amazon engineers to come help to integrations when they move a @ @ @ @ @ @ @ cloud environments , its a standard element of a field that again , is still growing a lot , but not unique to this company in any way .
EDIT : I want to be clear , i am pointing out what the risk is , and how poorly its mitigated , all IPOs have this .
Normally before getting into an investment you should consider risk to the company .
In IPOs everything is laid naked in-front of investors when they set the price targets .
On page 13 of their IPO @ @ @ @ @ @ @ factors , here is exact excerpts of that section : You may also be asking “ but they could get bought out ” Dataware houses are not sexy startups that highly innovate , most of the innovation in that field is with the experts in the field , the direct competitors to SNOW Actually , google or amazon are more likely to just hire their lead engineers at double pay and get everything they could have wanted from the company .
If they were going to buy out this company they would have @ @ @ @ @ @ @ 75-85 $ and asking for 3.3 billion in valuation .
Don ’ t get trapped in a long investment if you can ’ t tie up that sort of liquidity for a very long time .
I am sure one day this company will wedge itself into a more serious position in the field , but right now during a pandemic that is largely impacting the state this company is from , this is not an opportunity unless you are getting it at warren buffet prices .
Disclaimer : This information is only @ @ @ @ @ @ @ any investment decisions based on the information in this article .
Do you own due diligence or consult your financial professional before making any investment decision .

by Nawtreallyme
Please stop pumping a 3.3 Billion dollar company, that just had price targets jump 75 to 120 (60% price increase) with no underlying changes to its fundamentals. Any google search will bring up a million article giving glowing praises that SNOW can be the next AAPL or MSFT, sure anything can happen, but that’s 10 years down the road if at all.
There are no options yet for this company, so there are few metrics to determine the expected moves in price, but you can do simple DD before making this sort of commitment.
Want to know how you can tell a bad buy from a good buy?
two main categories I use are
Future Growth Indicators
When gauging future growth of a company just ask yourself these questions and try to find answer.
What are you (the investor) waiting for now that you bought 275 dollars of SNOW? Do they have a roadmap of future services ? What sort of revenue streams will they be focusing on in this pandemic, will it be investing into growing existing contract or spend liquid cash on advertising? Will they focus on more research and development? And if so OF WHAT? How will they KEEP existing revenue streams? Undercutting competition’s prices, what do previous customers think of them vs competitors?
What sort of long term plan do they have if any for a growth from a their expected 3.3 billion dollar funding to a now 70.4 billion market valuation.
These are questions which are not answered yet, and If you look at the wiki for the company, all of the information will be about their IPO and valuation at launch and none of it will be about any product, service or asset they have because they don’t have any. They are an unremarkable company that has potential to carve out a piece of a field only because the field has so much growth potential.
Snowflake Inc. is a cloud-based data-warehousing startup that was founded in 2012. It has raised more than $1.4 billion in venture capital, and is based in San Mateo, California. It was publicly launched by Bob Muglia in 2014 after two years in stealth mode Revenue $264.7 million (2019) Increase 174% Net income -$348.5 million (2019) Decrease Number of employees 1400 (2019)
The company’s website has glowing reviews of essentially a tailored data solution which is a service many non-publically traded contracting company’s already do. Companies get google or amazon engineers to come help to integrations when they move a certain amount of data into their respective cloud environments, its a standard element of a field that again, is still growing a lot, but not unique to this company in any way.
We are primarily funded by readers. Please subscribe and donate to support us!
Risk Factors
EDIT: I want to be clear, i am pointing out what the risk is, and how poorly its mitigated, all IPOs have this.
Normally before getting into an investment you should consider risk to the company. In IPOs everything is laid naked in-front of investors when they set the price targets. On page 13 of their IPO they have a whole section listing risk factors, here is exact excerpts of that section:
We have a history of operating losses and may not achieve or sustain profitability in the future. We have experienced net losses in each period since inception.
and
In addition, our platform currently operates on public cloud infrastructure provided by Amazon Web Services (AWS), Microsoft Azure (Azure), and Google Cloud Platform (GCP), and our costs and gross margins are significantly influenced by the prices we are able to negotiate with these public cloud providers, which in certain cases are also our competitors.
You may also be asking “but they could get bought out”
Dataware houses are not sexy startups that highly innovate, most of the innovation in that field is with the experts in the field, the direct competitors to SNOW Actually, google or amazon are more likely to just hire their lead engineers at double pay and get everything they could have wanted from the company. If they were going to buy out this company they would have done it at IPO when shares were 75-85$ and asking for 3.3 billion in valuation.
Don’t get trapped in a long investment if you can’t tie up that sort of liquidity for a very long time. I am sure one day this company will wedge itself into a more serious position in the field, but right now during a pandemic that is largely impacting the state this company is from,
TLDR:
this is not an opportunity unless you are getting it at warren buffet prices.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.


investmentwatchblog--2020-09-17--INSTAGRAM DOWN WORLDWIDE – DOWN DETECTOR

BREAKING : Instagram is currently down for users worldwide — # instagramdown pic.twitter.com/rLbwJcMOZy

INSTAGRAM DOWN WORLDWIDE – DOWN DETECTOR
BREAKING: Instagram is currently down for users worldwide — #instagramdown pic.twitter.com/rLbwJcMOZy
— SV News 🚨 (@SVNewsAlerts) September 17, 2020


investmentwatchblog--2020-09-17--Believe It Or Not, 2021 Is Looking Worse Than 2020

This year is , by any measure , brutal .
First came a pandemic so baffling that virtually no one other than Sweden made it through without a near-depression .
( Reminiscent of the previous decade ’ s financial crisis , when only Iceland got it right . )
Then came civil unrest on a scale not seen since the 1960s , about which more than enough has already been written .
Then came fires that are burning even parts of the Northwest previously thought to be non-flammable , blanketing the region with toxic smoke .
That ’ s a @ @ @ @ @ @ @ the warm-up act for a couple of potentially bigger crises .
The upcoming presidential election , for instance , will be conducted amid a pandemic that is forcing many states with little mail-in voting experience to adopt the practice wholesale .
The inevitable mess will be tolerable if one side wins in a landslide big enough to swamp doubts about the election ’ s legality .
But that ’ s not looking likely as battleground state polls tighten .
Trump Is Within the Margin of Error in Seven Swing States ( MSN ) @ @ @ @ @ @ @ , voters and polling officials have seen Democratic presidential nominee Joe Biden ’ s lead over President Donald Trump narrow in the past few days .
Now , the most recent state polls show that Trump is within the margin of error to win in seven major swing states : Arizona , Georgia , North Carolina , New Hampshire , Nevada , Texas and Iowa .
While national polls show Biden ahead of Trump by 7 percentage points , as of Wednesday , most polls in major swing states show no clear or @ @ @ @ @ @ @ state that hasn ’ t voted Democratic since the ’ 90s but is now considered a toss-up , Biden is projected to win 47 percent of votes compared with Trump ’ s 46 percent , well within the 3.6 percent margin of error , according to an AARP poll released September 10 .
Arizona , New Hampshire and North Carolina all show Biden leading by only 3 percentage points in recent polls , while a September 12 New York Times/Siena College poll shows Biden with a 4 percentage point lead in Nevada , @ @ @ @ @ @ @ of error .
Since Trump tends to outperform his polls , a close race is now likely ( barring a debate flame-out by one candidate or the other , a very real possibility ) , and both sides expect the other to try to steal the election through vote rigging or voter suppression .
See “ Trump has a plan to steal the election – in fact , he has a bunch of them ” and “ The Dems plan to steal the presidency.
” Republicans view vote-by-mail as a ploy for Democrats @ @ @ @ @ @ @ corruption on a national scale .
Democrats , meanwhile , fear that in-person voting during a pandemic will keep at-risk groups ( i.e.
, likely Biden voters ) away from the polls .
The result : Whoever loses will believe they were robbed and – having learned from the recent “ peaceful but fiery demonstrations ” that rioting is both fun and frequently profitable — will take to the streets .
The losers will also head to the courts to pursue what the other side will label a coup , prompting more angry @ @ @ @ @ @ @ one side takes control by brute physical or judicial force .
It will not be pretty .
Here ’ s a concise overview of the situation : Meanwhile , developments in the stock market virtually guarantee turmoil in 2021 .
It seems that retail investors – aka “ dumb money ” – have become the dominant players in both Big Tech stocks and related call options .
Here , for instance , is the trading volume of calls relative to stocks .
Normally more stocks trade than options .
But suddenly : And @ @ @ @ @ @ @ option trading , prior to its recent stock split .
Anyone with a sense of financial history would look at the above , along with reports that “ tech stocks are the most crowded trade ever ” , and conclude that it ’ s Big Short time .
But thanks to the combination of free stock trading apps like Robinhood and government pandemic relief money flowing to Millennials , the dominant players in this market have a different take , which is , “ that stock is rising , let ’ s buy @ @ @ @ @ @ @ apparently inevitable result is turmoil in the financial markets , possibly concurrent with the political system melting down .
Which sets the stage for a 2021 that makes this year seem placid by comparison .

BY JOHN RUBINO
This year is, by any measure, brutal.
First came a pandemic so baffling that virtually no one other than Sweden made it through without a near-depression. (Reminiscent of the previous decade’s financial crisis, when only Iceland got it right.)
Then came civil unrest on a scale not seen since the 1960s, about which more than enough has already been written.
Then came fires that are burning even parts of the Northwest previously thought to be non-flammable, blanketing the region with toxic smoke.
That’s a lot. But it might be just the warm-up act for a couple of potentially bigger crises.
The upcoming presidential election, for instance, will be conducted amid a pandemic that is forcing many states with little mail-in voting experience to adopt the practice wholesale. The inevitable mess will be tolerable if one side wins in a landslide big enough to swamp doubts about the election’s legality. But that’s not looking likely as battleground state polls tighten.
We are primarily funded by readers. Please subscribe and donate to support us!
Trump Is Within the Margin of Error in Seven Swing States (MSN) – With the election just weeks away, voters and polling officials have seen Democratic presidential nominee Joe Biden’s lead over President Donald Trump narrow in the past few days. Now, the most recent state polls show that Trump is within the margin of error to win in seven major swing states: Arizona, Georgia, North Carolina, New Hampshire, Nevada, Texas and Iowa. While national polls show Biden ahead of Trump by 7 percentage points, as of Wednesday, most polls in major swing states show no clear or definitive winner. In Georgia, a state that hasn’t voted Democratic since the ’90s but is now considered a toss-up, Biden is projected to win 47 percent of votes compared with Trump’s 46 percent, well within the 3.6 percent margin of error, according to an AARP poll released September 10. Arizona, New Hampshire and North Carolina all show Biden leading by only 3 percentage points in recent polls, while a September 12 New York Times/Siena College poll shows Biden with a 4 percentage point lead in Nevada, which is within the 5.3 percent margin of error.
Since Trump tends to outperform his polls, a close race is now likely (barring a debate flame-out by one candidate or the other, a very real possibility), and both sides expect the other to try to steal the election through vote rigging or voter suppression. See “Trump has a plan to steal the election – in fact, he has a bunch of them” and “The Dems plan to steal the presidency.”
Republicans view vote-by-mail as a ploy for Democrats to practice their traditional big-city political machine corruption on a national scale. Democrats, meanwhile, fear that in-person voting during a pandemic will keep at-risk groups (i.e., likely Biden voters) away from the polls.
The result: Whoever loses will believe they were robbed and – having learned from the recent “peaceful but fiery demonstrations” that rioting is both fun and frequently profitable — will take to the streets. The losers will also head to the courts to pursue what the other side will label a coup, prompting more angry protests, and so on, until one side takes control by brute physical or judicial force. It will not be pretty. Here’s a concise overview of the situation:
Meanwhile, developments in the stock market virtually guarantee turmoil in 2021. It seems that retail investors – aka “dumb money” – have become the dominant players in both Big Tech stocks and related call options. Here, for instance, is the trading volume of calls relative to stocks. Normally more stocks trade than options. But suddenly:
And here is Tesla’s stock and option trading, prior to its recent stock split.
Anyone with a sense of financial history would look at the above, along with reports that “tech stocks are the most crowded trade ever”, and conclude that it’s Big Short time. But thanks to the combination of free stock trading apps like Robinhood and government pandemic relief money flowing to Millennials, the dominant players in this market have a different take, which is, “that stock is rising, let’s buy call options on it!”
The apparently inevitable result is turmoil in the financial markets, possibly concurrent with the political system melting down. Which sets the stage for a 2021 that makes this year seem placid by comparison.


investmentwatchblog--2020-09-17--More free money will be needed to keep this going. Gains are slowing…

More free money will be needed to keep this going .
Gains are slowing… +18.3 % in May +7.9 % @ @ @ @ @ July +0.2 % in August Second stimulus check seemed like a done deal a month @ @ @ @ @ it ) but they could n't agree on size of overall deal .
Now less @ @

More free money will be needed to keep this going. Gains are slowing…
+18.3% in May
+7.9% in June
+0.3% in July
+0.2% in August
Second stimulus check seemed like a done deal a month ago (both parties wanted it) but they couldn't agree on size of overall deal. Now less certain.
— Charlie Bilello (@charliebilello) September 17, 2020


investmentwatchblog--2020-09-17--DJT just extended his own emergency powers first enacted following 9/11

On Thursday , Donald Trump quietly renewed the national emergency declared by GWB 19 years ago today .
This is @ @ @ @ @ continuing “ emergency ” related to the 9/11 attacks , but there is a continuing @ @ @ @ @ pretext for the president and Congress to abuse power .

On Thursday, Donald Trump quietly renewed the national emergency declared by GWB 19 years ago today. This is insane. There is no continuing “emergency” related to the 9/11 attacks, but there is a continuing use of 9/11 as a pretext for the president and Congress to abuse power.
We are primarily funded by readers. Please subscribe and donate to support us!
On Thursday, Donald Trump quietly renewed the national emergency declared by GWB 19 years ago today. This is insane. There is no continuing “emergency” related to the 9/11 attacks, but there is a continuing use of 9/11 as a pretext for the president and Congress to abuse power. pic.twitter.com/eUhWQMBYIH — Justin Amash (@justinamash) September 14, 2020
Jon


investmentwatchblog--2020-09-17--Belarus internet shutdown | US firm’s technology reportedly used to block the web during election

US politicians are angry after it was revealed that an American company provided the technology used to shut down the @ @ @ @ @ election in Belarus .
The firm has since terminated its contract with the Belarusian government @ @ @ @ @

US politicians are angry after it was revealed that an American company provided the technology used to shut down the Internet during the disputed presidential election in Belarus. The firm has since terminated its contract with the Belarusian government citing human rights violations.
We are primarily funded by readers. Please subscribe and donate to support us!


investmentwatchblog--2020-09-17--COVID-19 emails from Nashville mayor’s office show disturbing revelation

Suppression of low Covid numbers in restaurants by the Nashville mayor .
Guess people not getting Covid in restaurants and @ @ @ @ @ the narrative of the pandemic… NASHVILLE , Tenn. ( WZTV ) — The coronavirus cases @ @ @ @ @ been so low that the mayor ’ s office and the Metro Health Department decided @ @ @ @ @ Emails between the mayor ’ s senior advisor and the health department reveal only a @ @ @ @ @ they reveal is disturbing .
The discussion involves the low number of coronavirus cases emerging @ @ @ @ @ how to handle that .
And most disturbingly , how to keep it from the @ @ @ @ @ , contact tracing was given a small view of coronavirus clusters .
Construction and nursing @ @ @ @ @ causing problems with more than a thousand cases traced to each category , but bars @ @ @ @ @ cases .

Suppression of low Covid numbers in restaurants by the Nashville mayor. Guess people not getting Covid in restaurants and bars didn’t fit the narrative of the pandemic…
NASHVILLE, Tenn. ( ) — The coronavirus cases on lower Broadway may have been so low that the mayor’s office and the Metro Health Department decided to keep it secret.
Emails between the mayor’s senior advisor and the health department reveal only a partial picture. But what they reveal is disturbing.
The discussion involves the low number of coronavirus cases emerging from bars and restaurants and how to handle that.
And most disturbingly, how to keep it from the public.
On June 30th, contact tracing was given a small view of coronavirus clusters. Construction and nursing homes were found to be causing problems with more than a thousand cases traced to each category, but bars and restaurants reported just 22 cases.


investmentwatchblog--2020-09-17--3 Common Bitcoin Scams to Keep an Eye for in 2020

In 2008 , a digital currency popularly known as bitcoin or cryptocurrency was created by a group of unknown people under the name of Satoshi Nakamoto .
Bitcoin is a digital currency , meaning that all operations are done without any single administrator or central bank .
Bitcoin can be sent from one user to another via a peer-to-peer network without the involvement of any intermediaries .
All the bitcoin transactions are verified by network nodes via cryptography which is stored in blockchain which is a public distributed ledger .
Bitcoin is the most praised as well as most criticized @ @ @ @ @ @ @ , for instance , excessive consumption of electricity by miners , price volatility , bitcoin scams , or robberies from stock exchanges .
Several Nobel laureates have considered bitcoin as a hypothetical fizz .
The bitcoin currency has also been used as an investment , while numerous regulatory agencies have already issued alerts about scams in bitcoin investments .
As we know that digital currency is a complicated thing to deal with , it is puzzling , difficult to understand for new users , and above all , due to its recent invention @ @ @ @ @ @ @ There is a lot of work required in the regulation and legislation of digital currencies like bitcoin .
All of these aspects of bitcoin makes it a perfect and easy target for scammers .
Here is a list of three most common Bitcoin scams to keep an eye for in 2020 .
Many of us are already familiar with the term “ phishing ” it is the first and most common scam on our list .
Phishing is used widely to target bank customers .
This scam ensues when the target receives unsolicited @ @ @ @ @ @ @ the customer ’ s bank email .
In this bitcoin scam , such emails seem to be from the user ’ s crypto wallet provider or bitcoin exchange .
The phishing email contains a link that renders the targeted person on the website that is identical to the bitcoin wallet of user or exchange of the bitcoin user that a targeted person uses frequently , but in actual , this is a scam site .
Once a person enters his/her sensitive information and personal details on this unofficial page , the scammers got @ @ @ @ @ @ @ access to the bitcoin wallet account of the targeted person .
With little vigilance , one can be safe from such phishing emails scams .
When received such emails , one should double-check the URLs , to ensure that you are rendering to the original website .
Always avoid clicking on suspicious email links and Never disclose your private wallet or private exchange key to any source .
In this type of bitcoin scam , the scammers pretend to be hackers with any kind of convicting evidence about the targeted person .
They @ @ @ @ @ @ @ evidence against you , or they are hackers and they have your embarrassing webcam videos , etc .
Such scams blackmail the targeted person that they will public this evidence or they may share these inappropriate details with their all social contacts etc .
unless the victim sends them some bitcoin cryptocurrency .
They also instruct the victim how to purchase and where to send these bitcoins .
First of all , “ Do not believe the scammers ” .
Do some online research that anyone other than you get such emails .
@ @ @ @ @ @ @ more peace of mind .
The most powerful weapon in the online scamming world is Malware .
Thanks to the complex and extremely technical nature of bitcoin , many people did not understand much about it .
Cryptocurrency malware is a bigger threat .
Such malware is designed to get access to the targeted wallet web .
This malware drains all the important information from the victim ’ s computer and replaces all this info with a scam address or they can infect the computer with the bitcoin cryptocurrency miner .
To protect @ @ @ @ @ @ @ to update your system time with authentic antivirus software .
Never install and download aftermarket software and programs .
Do not open suspicious links , attachments , and URLs .
This is the digital era , and everything is going digital even currency is going digitalized .
But with this development , ways of scamming are also advancing .
Bitcoin is a digital currency .
Bitcoin currency transactions are irretrievable that is once you execute any transaction via cryptocurrency or bitcoin to a third party , it can not be reversed .
Such @ @ @ @ @ @ @ payment .
Always remember that when to send bitcoin cryptocurrency to an address of blockchain , there must be confident legitimacy to be involved between third party services and third party merchants .
Always send bitcoin cryptocurrency via authorized and legally trusted entities .
Disclaimer : This content does not necessarily represent the views of IWB .

In 2008, a digital currency popularly known as bitcoin or cryptocurrency was created by a group of unknown people under the name of Satoshi Nakamoto. Bitcoin is a digital currency, meaning that all operations are done without any single administrator or central bank. Bitcoin can be sent from one user to another via a peer-to-peer network without the involvement of any intermediaries. All the bitcoin transactions are verified by network nodes via cryptography which is stored in blockchain which is a public distributed ledger.
Bitcoin is the most praised as well as most criticized digital currency because of its illegal uses, for instance, excessive consumption of electricity by miners, price volatility, bitcoin scams, or robberies from stock exchanges.
Several Nobel laureates have considered bitcoin as a hypothetical fizz. The bitcoin currency has also been used as an investment, while numerous regulatory agencies have already issued alerts about scams in bitcoin investments.
As we know that digital currency is a complicated thing to deal with, it is puzzling, difficult to understand for new users, and above all, due to its recent invention, it is not tightly regulated. There is a lot of work required in the regulation and legislation of digital currencies like bitcoin. All of these aspects of bitcoin makes it a perfect and easy target for scammers.
Here is a list of three most common Bitcoin scams to keep an eye for in 2020.
Phishing
Many of us are already familiar with the term “phishing” it is the first and most common scam on our list. Phishing is used widely to target bank customers. This scam ensues when the target receives unsolicited emails that are the exact copy of the customer’s bank email. In this bitcoin scam, such emails seem to be from the user’s crypto wallet provider or bitcoin exchange.
The phishing email contains a link that renders the targeted person on the website that is identical to the bitcoin wallet of user or exchange of the bitcoin user that a targeted person uses frequently, but in actual, this is a scam site.
Once a person enters his/her sensitive information and personal details on this unofficial page, the scammers got these details and finally, they get access to the bitcoin wallet account of the targeted person.
How to Avoid Phishing Scams?
With little vigilance, one can be safe from such phishing emails scams. When received such emails, one should double-check the URLs, to ensure that you are rendering to the original website. Always avoid clicking on suspicious email links and Never disclose your private wallet or private exchange key to any source.
Bitcoin Blackmail Scams
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In this type of bitcoin scam, the scammers pretend to be hackers with any kind of convicting evidence about the targeted person. They may say that they have some incriminating evidence against you, or they are hackers and they have your embarrassing webcam videos, etc.
Such scams blackmail the targeted person that they will public this evidence or they may share these inappropriate details with their all social contacts etc. unless the victim sends them some bitcoin cryptocurrency. They also instruct the victim how to purchase and where to send these bitcoins.
How to Avoid Bitcoin Blackmail Scams?
First of all, “Do not believe the scammers”. Do some online research that anyone other than you get such emails. Use VPNs to browse privately to get more peace of mind.
Malware
The most powerful weapon in the online scamming world is Malware. Thanks to the complex and extremely technical nature of bitcoin, many people did not understand much about it. Cryptocurrency malware is a bigger threat. Such malware is designed to get access to the targeted wallet web. This malware drains all the important information from the victim’s computer and replaces all this info with a scam address or they can infect the computer with the bitcoin cryptocurrency miner.
How to Avoid Cryptocurrency Malware Scams?
To protect oneself from malware it is best practice to update your system time with authentic antivirus software. Never install and download aftermarket software and programs. Do not open suspicious links, attachments, and URLs.
Final Thoughts
This is the digital era, and everything is going digital even currency is going digitalized. But with this development, ways of scamming are also advancing. Bitcoin is a digital currency. Bitcoin currency transactions are irretrievable that is once you execute any transaction via cryptocurrency or bitcoin to a third party, it cannot be reversed. Such transactions cannot cease to stop the payment.
Always remember that when to send bitcoin cryptocurrency to an address of blockchain, there must be confident legitimacy to be involved between third party services and third party merchants. Always send bitcoin cryptocurrency via authorized and legally trusted entities.
Disclaimer: This content does not necessarily represent the views of IWB.


investmentwatchblog--2020-09-17--Debunking Joe Biden’s lies on Coronavirus.

On Jan 27 , Trump said this was a dangerous disease He set up a public emergency health fund and set up a emergency pandemic panel of advisers .
On Jan 31 Trump Bans Flights from china ( Biden calls Trump a fear mongering xenophobic ) On Jan 30th Zeke Emanuel ( Biden Healthcare Advisor ) Said Stop panicking over coronavirus it is not a serious threat to America ( this was in response to Trumps China ban ) On the 6th of Feb , Biden Advisor Erwin Redlenter : “ The chance that this Virus is gon na be @ @ @ @ @ @ @ we are facing a Trump fear epidemic ) On the 11th and 13th Biden Adviser Ron Klane said : ” this is not a serious threat , we don ’ t face a health epidemic we face a fear epidemic from Trump !
” On Jan 20th Zeke Emanuel said : “ this is all an overreaction by the Trump admin !
” This is when Pelosi said come to china-town , don ’ t be xenophobic on the 23rd On the 24th Biden ’ s top advisor Zeke Emanuel said : ‘ @ @ @ @ @ @ @ ’ s not gon na do any good , Fauci said the same.
” On 3/12 Lisa Monaco a top adviser of Joe Biden : “ Said we don ’ t need to put a ban on Europe Trump is pandering in fear !
” At no time did the Joe Biden say to wear a mask , Social distance , ban flights from Europe or China or to use the defense production act .
He fought against it every step of the way .

Debunking Joe Biden’s lies on Coronavirus.
On Jan 27, Trump said this was a dangerous disease
He set up a public emergency health fund and set up a emergency pandemic panel of advisers.
On Jan 31 Trump Bans Flights from china (Biden calls Trump a fear mongering xenophobic)
On Jan 30th Zeke Emanuel (Biden Healthcare Advisor) Said Stop panicking over coronavirus it is not a serious threat to America (this was in response to Trumps China ban)
On the 6th of Feb, Biden Advisor Erwin Redlenter: “The chance that this Virus is gonna be serious is not very likely. (we are facing a Trump fear epidemic)
On the 11th and 13th Biden Adviser Ron Klane said:”this is not a serious threat, we don’t face a health epidemic we face a fear epidemic from Trump!”
On Jan 20th Zeke Emanuel said: “this is all an overreaction by the Trump admin!”
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This is when Pelosi said come to china-town, don’t be xenophobic on the 23rd
On the 24th Biden’s top advisor Zeke Emanuel said: ‘don’t wear a mask it’s not gonna do any good, Fauci said the same.”
On 3/12 Lisa Monaco a top adviser of Joe Biden: “Said we don’t need to put a ban on Europe Trump is pandering in fear!”
At no time did the Joe Biden say to wear a mask, Social distance, ban flights from Europe or China or to use the defense production act.
He fought against it every step of the way.
h/t Jake


investmentwatchblog--2020-09-17--HE WHO CANNOT BE NAMED

HE WHO CANNOT BE NAMED

Kaitlin Collins of CNN is one of Trump ’ s toughest reporters during his White House press briefings .
Here @ @ @ @ @ in 2015 stating George Soros funds Black Lives Matter and buys out local city elections @ @ @ @ @ Oh btw , twitter has censored this video by removing its audio This is right @ @ @ @ @ in the DNC and media outlets , so he wasn ’ t some ominous figure @ @ @ @ @ like he ’ s turned into today .
This clip ’ s topic is mostly @ @ @ @ @ Syria in 2015 .
Soros is an incredibly close ally of the Clinton ’ s @ @ @ @ @ the war zones in the Middle East , and then flood the US and EU @ @ @ @ @ the horrors they made .
HE WHO CAN NOT BE NAMED : Newt Gingrich named @ @ @ @ @ major cause of the violence we ’ re seeing ’ in US cities ( and @ @ @ @ @ ’ on Fox News ) .

Kaitlin Collins of CNN is one of Trump’s toughest reporters during his White House press briefings. Here she is on Fox News in 2015 stating George Soros funds Black Lives Matter and buys out local city elections to create social unrest. Oh btw, twitter has censored this video by removing its audio
This is right before Soros acquired more power in the DNC and media outlets, so he wasn’t some ominous figure thou shall not speak of like he’s turned into today.
This clip’s topic is mostly about the refugee crisis of Syria in 2015. Soros is an incredibly close ally of the Clinton’s, who love to create the war zones in the Middle East, and then flood the US and EU with refugees trying to escape the horrors they made.
.@kaitlancollins: George Soros' money funds Hillary Clinton and 'Black Lives Matter' and that's a problemt.co/JQEkqDphSg — FOX & friends (@foxandfriends) August 17, 2016
WITH SOUND!
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Related:
Fox News panel melts down when Gingrich calls out Soros pic.twitter.com/fntofzyMh4 — Jewish Deplorable 🇺🇸 (@TrumpJew) September 16, 2020
HE WHO CANNOT BE NAMED: Newt Gingrich named person who is ‘a major cause of the violence we’re seeing’ in US cities (and then ‘things got weird’ on Fox News).
This is one of the weirdest exchanges I’ve ever seen on TV. [Gingrich] correctly points out that George Soros threw an unprecedented amount of money into DA races all over the country to elect radicals and Fox News basically told him to shut up. WTF?
h/t BobbyThreeSticks


investmentwatchblog--2020-09-17--The Central Banks can enrich themselves and large equity investors but who else?

We are in a period of heavy central bank action with the US Federal Reserve announcement last night as well as the BCB of Brazil and the Bank of England today .
We are also in the speeches season for the European Central Bank or ECB .
But they have a problem as shown below .
Is their main role to have equity markets singing along with Foster The People ?
We can continue the theme of central planning for equity markets with this from Governor Kuroda of the Bank of Japan earlier .
In fact he has been in @ @ @ @ @ @ @ I if I owned some 34 Trillion Yen of it .
We also have an official denial that he is aiming at specific levels .
He might like to want to stop buying when it falls then .
Some will have gained but in general the economic impact has been small and there are a whole litany of issues as highlighted by ETFStream .
As the Bank of Japan approaches 80 % of the ETF market I am sure that readers can see the problem here .
In essence is there a market @ @ @ @ @ @ @ put it .
Also it is kind of theme to back the long-running junkie culture theme of mine .
You also have to laugh at this although there is an element of gallows humour about it .
That was from February and let me remind you that so much of the media plugged the reduction line .
Right into the biggest expansion of the scheme !
As an example another 80 billion Yen was bought this morning to prevent a larger fall in the market .
It was the fourth such purchase this @ @ @ @ @ @ @ with its switched to average ( 2 % per annum ) inflation targeting and Chair Powell got himself in quite a mess last night .
This bit was inevitable as having set such a target he can not raise interest-rates for quite some time .
Of course , we did not expect any increases anyway and this was hardly a surprise .
So there is no real change but apparently it is this .
He has boxed himself in .
He has set interest-rates as his main measure and he can not raise @ @ @ @ @ @ @ is that negative interest-rates do not work .
So all he can do is the “ masterly inaction ” of the apocryphal civil servant Sir Humphrey Applebym or nothing .
Quite how that is powerful is anyone ’ s guess .
The same illogic was on display at the Banco Central do Brasil last night .
They have slashed interest-rates to an extraordinary low level for Brazil and seem to think they are at or near the “ lower bound ” for them .
But telling people that is a triumph ?
Seeing @ @ @ @ @ @ @ them there will not be any will achieve precisely nothing .
Let ’ s face it how many will even know about it ?
They too are indulging in some open mouth operations .
Regular readers will recall him from back in the day when he was often telling the Greeks to tighten their belts and that things could only get better .
Nobody seems to have told poor Ollie about the last decade .
So we see more ECB policymakers correcting ECB President Christine Lagarde on the issue of the exchange rate @ @ @ @ @ @ @ there is this .
He is a little confused as of course this has happened before but whilst it is a very minor move we could see another ECB interest-rate cut .
It will not do any good but that has not stopped the before has it ?
There is this doing the rounds .
Actually nothing has changed and the Bank of England is at what it has called the lower bound for interest-rates ( 0.1 % ) and is already doing £4.4 billion of bond buying a week .
Still not @ @ @ @ @ @ @ have arrived at a situation I have long feared and warned about .
The central bankers have grandly pulled their policy levers and now are confused it has not worked .
Indeed they have pulled them beyond what they previously thought was the maximum as for example the Bank of England which established a 0.5 % interest-rate as a “ lower bound ” now has one of 0.1 % .
Now they are trying to claim that keeping interest-rates here will work when the evidence is that they are doing damage in more @ @ @ @ @ @ @ of economics it was described as a “ liquidity trap ” and they have jumped into it .
Now they think they can escape by promising action on the inflation rates that as a generic they have been unable to raise since the credit crunch .
Here there is an element of “ be careful which you wish for ” as they have put enormous effort into keeping the prices they can raise ( assets such as bonds , equities and houses ) out of the inflation measures .
So whilst they can @ @ @ @ @ @ @ of England and US Federal Reserve are likely to do so in any further downtown they have the problem highlighted by Newt in the film Aliens .
That is why I opened with a discussion of equity purchases as it is more QE that is the only game in town now .
Sooner or later we will see more bond purchases from the US Federal Reserve above the present US $ 80 billion a month .
Then the only move left will be to buy equities .
At which point we will have @ @ @ @ @ @ @ although of course he may or may not be President by them .
Oh and I have missed out one constant which is this sort of thing .

by Shaun Richards
We are in a period of heavy central bank action with the US Federal Reserve announcement last night as well as the BCB of Brazil and the Bank of England today. We are also in the speeches season for the European Central Bank or ECB. But they have a problem as shown below.
(Reuters) – London-listed shares tracked declines in Asian stock markets on Thursday as the lack of new stimulus measures by the U.S. Federal Reserve left investors disappointed ahead of a Bank of England policy meeting.
Is their main role to have equity markets singing along with Foster The People?
All the other kids with the pumped up kicks
You’d better run, better run, faster than my bullet
All the other kids with the pumped up kicks
You’d better run, better run, outrun my gun
We can continue the theme of central planning for equity markets with this from Governor Kuroda of the Bank of Japan earlier.
BOJ GOV KURODA: ETF PURCHASES ARE NOT TARGETING SPECIFIC STOCK MARKET LEVELS. ( @FinancialJuice )
In fact he has been in full flow.
BOJ’S GOV. KURODA: I DON’T SEE JAPAN’S STOCK MARKET GAINS AS ABNORMAL. ( @FinancialJuice)
I suppose so would I if I owned some 34 Trillion Yen of it. We also have an official denial that he is aiming at specific levels. He might like to want to stop buying when it falls then. Some will have gained but in general the economic impact has been small and there are a whole litany of issues as highlighted by ETFStream.
Koll says the sheer weight of BoJ involvement is off-putting for others who might wish to get involved in the market. “When I go around the world, (the size of the BoJ’s holdings is) the single biggest push back about Japan from asset allocators,” he says. “This is the flow in the market.”
As the Bank of Japan approaches 80% of the ETF market I am sure that readers can see the problem here. In essence is there a market at all now? Or as ETFStream put it.
So how can the BoJ extricate itself from the ETF market without crashing the stock market?
Also it is kind of theme to back the long-running junkie culture theme of mine.
As it stands, the market has become as hooked as any addict.
You also have to laugh at this although there is an element of gallows humour about it.
The recent slackening off in ETF buying might be an attempt to end this cycle of dependency,
That was from February and let me remind you that so much of the media plugged the reduction line. Right into the biggest expansion of the scheme! As an example another 80 billion Yen was bought this morning to prevent a larger fall in the market. It was the fourth such purchase this month.
The US Federal Reserve
It has boxed itself in with its switched to average ( 2% per annum) inflation targeting and Chair Powell got himself in quite a mess last night.
Projections from individual members also indicated that rates could stay anchored near zero through 2023. All but four members indicated they see zero rates through then. This was the first time the committee forecast its outlook for 2023. ( CNBC )
This bit was inevitable as having set such a target he cannot raise interest-rates for quite some time. Of course, we did not expect any increases anyway and this was hardly a surprise.
With inflation running persistently below this longer-run goal, the Committee will aim to achieve inflation moderately above 2 percent for some time so that inflation averages 2 percent over time and longer-term inflation expectations remain well anchored at 2 percent. The Committee expects to maintain an accommodative stance of monetary policy until these outcomes are achieved. ( Federal Reserve)
So there is no real change but apparently it is this.
Powell, asked if we will get more forward guidance, says today’s update was ‘powerful’, ‘very strong’, ‘durable’ forward guidance. ( @Newsquawk).
He has boxed himself in. He has set interest-rates as his main measure and he cannot raise them for some time and the evidence is that negative interest-rates do not work. So all he can do is the “masterly inaction” of the apocryphal civil servant Sir Humphrey Applebym or nothing. Quite how that is powerful is anyone’s guess.
Brazil
The same illogic was on display at the Banco Central do Brasil last night.
Taking into account the baseline scenario, the balance of risks, and the broad array of available information, the Copom unanimously decided to maintain the Selic rate at 2.00% p.a.
They have slashed interest-rates to an extraordinary low level for Brazil and seem to think they are at or near the “lower bound” for them.
The Copom believes that the current economic conditions continue to recommend an unusually strong monetary stimulus but it recognizes that, due to prudential and financial stability reasons, the remaining space for monetary policy stimulus, if it exists, should be small.
But telling people that is a triumph?
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To provide the monetary stimulus deemed adequate to meet the inflation target, but maintaining the necessary caution for prudential reasons, the Copom considered adequate to use forward guidance as an additional monetary policy tool.
Seeing as nobody is expecting interest-rate increases telling them there will not be any will achieve precisely nothing. Let’s face it how many will even know about it?
ECB
They too are indulging in some open mouth operations.
ECB’s Rehn: Fed’s New Strategy Will Inevitably Have An Impact On The ECB, “We Are Not Operating In A Vacuum”
Regular readers will recall him from back in the day when he was often telling the Greeks to tighten their belts and that things could only get better. Nobody seems to have told poor Ollie about the last decade.
ECB’s Rehn: There Is A Risk That Inflation Will Continue To Remain Too Low Sees Risk That Euro Zone Will Fall In A Trap Of Slow Growth And Low Inflation For A “Long Time”
So we see more ECB policymakers correcting ECB President Christine Lagarde on the issue of the exchange rate. Also as the news filters around there is this.
Three month Euribor fixes at -0.501% … below the ECB’s deposit rate for the first time! ( StephenSpratt)
He is a little confused as of course this has happened before but whilst it is a very minor move we could see another ECB interest-rate cut. It will not do any good but that has not stopped the before has it?
Bank of England
There is this doing the rounds.
LONDON (Reuters) – The Bank of England is expected to signal on Thursday that it is getting ready to pump yet more stimulus into Britain’s economy as it heads for a jump in unemployment and a possible Brexit shock.
Actually nothing has changed and the Bank of England is at what it has called the lower bound for interest-rates ( 0.1%) and is already doing £4.4 billion of bond buying a week.
Still not everybody is seeing hard times.
Former Bank of England (BoE) governor Mark Carney has joined PIMCO’s global advisory board, which is chaired by former Federal Reserve chairman Ben Bernanke. Carney, who was appointed UN Special Envoy on climate action and finance in December 2019, is one of seven members of the global advisory board, alongside former UK Prime Minister and Chancellor Gordon Brown, and ex-president of the European Central Bank Jean-Claude Trichet. ( investmentweek.co.uk )
As Dobie Gray put it.
I’m in with the in crowd
I go where the in crowd goes
I’m in with the in crowd
And I know what the in crowd knows
Comment
We have arrived at a situation I have long feared and warned about. The central bankers have grandly pulled their policy levers and now are confused it has not worked. Indeed they have pulled them beyond what they previously thought was the maximum as for example the Bank of England which established a 0.5% interest-rate as a “lower bound” now has one of 0.1%. Now they are trying to claim that keeping interest-rates here will work when the evidence is that they are doing damage in more than a few areas. In terms of economics it was described as a “liquidity trap” and they have jumped into it.
Now they think they can escape by promising action on the inflation rates that as a generic they have been unable to raise since the credit crunch. Here there is an element of “be careful which you wish for” as they have put enormous effort into keeping the prices they can raise ( assets such as bonds,equities and houses) out of the inflation measures. So whilst they can cut interest-rates further and frankly the Bank of England and US Federal Reserve are likely to do so in any further downtown they have the problem highlighted by Newt in the film Aliens.
It wont make any difference.
That is why I opened with a discussion of equity purchases as it is more QE that is the only game in town now. Sooner or later we will see more bond purchases from the US Federal Reserve above the present US $80 billion a month. Then the only move left will be to buy equities. At which point we will have a policy which President Trump would set although of course he may or may not be President by them.
Oh and I have missed out one constant which is this sort of thing.
ECB Banking Supervision allows significant banks to temporarily exclude their holdings of banknotes, coins and central bank deposits from leverage ratio calculations until 27 June 2021. This will increase banks’ leverage ratios.
The Precious! The Precious!


investmentwatchblog--2020-09-17--WHOOPS! Biden Speaks Gibberish During Livestream After Getting Confused By Sign Language Interpreter

Cristina Laila from The Gateway Pundit reports , Joe Biden held a virtual event Monday evening with Rev .
Dr. @ @ @ @ @ People ’ s Campaign .
It was off to an awkward start…

Cristina Laila from The Gateway Pundit reports, Joe Biden held a virtual event Monday evening with Rev. Dr. William Barber and the Poor People’s Campaign. It was off to an awkward start…
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Read More/Source/Credit/FairUse:
www.thegatewaypundit.com/2020…


investmentwatchblog--2020-09-17--Has AI gone crazy? Or has it just an IQ of 60? The danger of AI is weirder than you think

The danger of AI is weirder than you think
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AC


investmentwatchblog--2020-09-17--Get ready! Attack on power grid’s coming —- new Mitch Rapp book “Total Power” — predictive programmi

Get ready! Attack on power grid’s coming —- new Mitch Rapp book “Total Power” — predictive programming

Get your portable generators while you still can … Do you guy ’ s recall the mysterious sniper attack on @ @ @ @ @ years back… never resolved .
“ In the next thriller in the # 1 New @ @ @ @ @ series , it ’ s a race against the clock when ISIS takes down the @ @ @ @ @ throws America into chaos.
” On April 16 , 2013 , a sophisticated domestic terror @ @ @ @ @ Pacific Gas and Electric Company ’ s Metcalf Transmission Substation in Coyote , California , @ @ @ @ @ Jose .
The attack , in which gunmen fired on 17 electrical transformers , resulted @ @ @ @ @ million worth of equipment damage , but it had little impact on the station ’ @ @ @ @

Get your portable generators while you still can … Do you guy’s recall the mysterious sniper attack on PG&E a few years back… never resolved.
“In the next thriller in the #1 New York Times bestselling Mitch Rapp series, it’s a race against the clock when ISIS takes down the entire US power grid and throws America into chaos.”
www.foxnews.com/opinion/terror-bio-attack-nukes-threat-power-grid
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On April 16, 2013, a sophisticated domestic terror assault was carried out on Pacific Gas and Electric Company’s Metcalf Transmission Substation in Coyote, California, near the border of San Jose. The attack, in which gunmen fired on 17 electrical transformers, resulted in more than $15 million worth of equipment damage, but it had little impact on the station’s electrical power supply
en.wikipedia.org/wiki/Metcalf_sniper_attack
AC