investmentwatchblog--2020-10-19--Just a reminder, Bernie Sanders was probably the legitimate nominee for the Democratic Party for the

Just a reminder, Bernie Sanders was probably the legitimate nominee for the Democratic Party for the 2020 presidential election. Polling data shows widespread fraud in favor of Joe Biden.

No one really liked Joe Biden .
He ’ s a swamp creature who has been in Washington for many @ @ @ @ @ t a real liberal .
He sniffs and gropes women and children , in public @ @ @ @ @ is senile and has had aneurysms .
It appears that he couldn ’ t even @ @ @ @ @ They had to use massive fraud in order to prop him up and get him @ @ @ @ @ Sad .

by FreedomBoners
tdmsresearch.com/2020/03/14/michigan-2020-democratic-party-primary/
tdmsresearch.com/2020/03/25/missouri-2020-democratic-party-primary/
tdmsresearch.com/2020/03/09/california-2020-democratic-party-primary/
tdmsresearch.com/2020/03/08/vermont-2020-democratic-party-primary/
tdmsresearch.com/2020/03/07/texas-2020-democratic-party-primary/
We are primarily funded by readers. Please subscribe and donate to support us!
tdmsresearch.com/2020/03/04/massachusetts-2020-democratic-party-primary/
tdmsresearch.com/2020/03/02/south-carolina-2020-democratic-party-primary/
tdmsresearch.com/2020/02/17/new-hampshire-2020-democratic-party-primary-exit-poll-versus-reported-vote-count/
No one really liked Joe Biden. He’s a swamp creature who has been in Washington for many decades. He isn’t a real liberal. He sniffs and gropes women and children, in public and on camera. He is senile and has had aneurysms.
It appears that he couldn’t even win the Democratic nominee. They had to use massive fraud in order to prop him up and get him across the finish line. Sad.


investmentwatchblog--2020-10-19--The Cost of Bidenomics: A new study on Biden’s tax, health-care, energy and regulation proposals pre

The Cost of Bidenomics: A new study on Biden’s tax, health-care, energy and regulation proposals predicts $6,500 less in median household income by 2030.

A new study on Biden ’ s tax , health-care , energy and regulation proposals predicts $ 6,500 less in median household income by 2030 .
Joe Biden has shrewdly kept the campaign focus on Covid-19 and President Trump , which has helped him avoid having to talk much about his own policies .
That ’ s especially true of his economic proposals , which a new study out Sunday from the Hoover Institution shows will have a damaging impact on growth , job creation and household income .
Mr. Biden often cites Moody ’ s , the credit-rating service @ @ @ @ @ @ @ yield faster growth and more jobs .
“ Wall Street , ” he likes to say when he mentions Moody ’ s , as if that ’ s a conservative stamp of approval , even as he claims Mr. Trump is a captive of Wall Street .
But everyone knows most economists at today ’ s big financial institutions have a Keynesian bias that posits consumer demand and government spending as the main drivers of growth .
That ’ s certainly true at Moody ’ s , whose chief economist is Mark Zandi @ @ @ @ @ @ @ impact of higher tax rates and regulation in his economic calculations .
This isn ’ t a personal criticism , but a factual statement about his economic model .

A new study on Biden’s tax, health-care, energy and regulation proposals predicts $6,500 less in median household income by 2030.
Joe Biden has shrewdly kept the campaign focus on Covid-19 and President Trump, which has helped him avoid having to talk much about his own policies. That’s especially true of his economic proposals, which a new study out Sunday from the Hoover Institution shows will have a damaging impact on growth, job creation and household income.
Mr. Biden often cites Moody’s , the credit-rating service, for saying his economic plan will yield faster growth and more jobs. “Wall Street,” he likes to say when he mentions Moody’s, as if that’s a conservative stamp of approval, even as he claims Mr. Trump is a captive of Wall Street.
But everyone knows most economists at today’s big financial institutions have a Keynesian bias that posits consumer demand and government spending as the main drivers of growth. That’s certainly true at Moody’s, whose chief economist is Mark Zandi, who in our view underestimates the impact of higher tax rates and regulation in his economic calculations. This isn’t a personal criticism, but a factual statement about his economic model.


investmentwatchblog--2020-10-19--Taiwan official ‘is beaten up by two Chinese diplomats who tried to gatecrash Taiwan holiday celebra

Taiwan official ‘is beaten up by two Chinese diplomats who tried to gatecrash Taiwan holiday celebrations’ in Fiji

A physical clash between the Chinese and Taiwanese diplomats broke out in Fiji It occurred at a hotel reception celebrating Taiwan ’ s National Day on October 8 Taipei claimed one of its employees sustained a head injury after the altercation Beijing said the Taiwanese were ‘ acting provocatively ’ and ‘ injured its diplomat ’ A Taiwanese official has allegedly sustained a head injury after a physical clash broke out between the diplomats of China and Taiwan during an event to celebrate Taiwan ’ s National Day in Fiji .
Taipei accused two Chinese officials of ‘ gatecrashing ’ @ @ @ @ @ @ @ Hotel in the Fijian capital Suva and beating up one of its employees on October 8 .
But Beijing denied the allegation today , claiming that the Taiwanese officials were ‘ acting provocatively ’ and ‘ injured a Chinese diplomat ’ .
The news comes as political tensions have reached a new high between China and Taiwan , a self-ruled island which Beijing considers as its own .
The physical altercation came to light after Taiwan and China traded accusations against each other on Monday .
Taiwan said its trade office – its @ @ @ @ @ @ @ party for 100 distinguished guests to celebrate Taiwan ’ s National Day .
Beijing ’ s embassy in Fiji confirmed its officials were in a ‘ public area outside the function venue ’ on unspecified ‘ official duties ’ on the day of the incident .

A physical clash between the Chinese and Taiwanese diplomats broke out in Fiji
It occurred at a hotel reception celebrating Taiwan’s National Day on October 8
Taipei claimed one of its employees sustained a head injury after the altercation
Beijing said the Taiwanese were ‘acting provocatively’ and ‘injured its diplomat’
A Taiwanese official has allegedly sustained a head injury after a physical clash broke out between the diplomats of China and Taiwan during an event to celebrate Taiwan’s National Day in Fiji.
Taipei accused two Chinese officials of ‘gatecrashing’ the reception at the luxurious Grand Pacific Hotel in the Fijian capital Suva and beating up one of its employees on October 8.
But Beijing denied the allegation today, claiming that the Taiwanese officials were ‘acting provocatively’ and ‘injured a Chinese diplomat’.
The news comes as political tensions have reached a new high between China and Taiwan, a self-ruled island which Beijing considers as its own.
We are primarily funded by readers. Please subscribe and donate to support us!
The physical altercation came to light after Taiwan and China traded accusations against each other on Monday.
Taiwan said its trade office – its de facto embassy – was hosting a party for 100 distinguished guests to celebrate Taiwan’s National Day.
Beijing’s embassy in Fiji confirmed its officials were in a ‘public area outside the function venue’ on unspecified ‘official duties’ on the day of the incident.
www.dailymail.co.uk/news/article-8856035/Taiwan-official-beaten-two-Chinese-diplomats-tried-gatecrash-celebrations-Fiji.html


investmentwatchblog--2020-10-19--This is what they call a mic drop.

This is what they call a mic drop.

_Now you have the proof , perhaps like never was had before on a major politician .
Laptop plus .
@ @ @ @ @ political scandal in our history !

This is what they call a mic drop. pic.twitter.com/xTgy8NQiin — Elizabeth Harrington (@LizRNC) October 19, 2020
MIT: Twitter Ban ‘Nearly Doubled’ The Visibility Of Hunter Biden Laptop Story t.co/e13i8IhbpF — Trumpster (@Gettingtrump) October 19, 2020
_Now you have the proof, perhaps like never was had before on a major politician. Laptop plus. This is the second biggest political scandal in our history!
We are primarily funded by readers. Please subscribe and donate to support us!
Joe Biden is a corrupt politician, and everybody knows it. Now you have the proof, perhaps like never was had before on a major politician. Laptop plus. This is the second biggest political scandal in our history! — Donald J. Trump (@realDonaldTrump) October 18, 2020
….There has never been more enthusiasm or spirit, by everyone. Great fun, and so good for our Country. Already winning many states, but not reported. Biden put the LID on again – raising money with promises. They finally caught him, COLD, and he knows it. Laptop is devastating! — Donald J. Trump (@realDonaldTrump) October 19, 2020
t.co/uPCcwJxgur One string of 26,740. Lots more coming…. — Matthew Tyrmand (@MatthewTyrmand) October 19, 2020


investmentwatchblog--2020-10-19--2nd Circuit Court agrees to unseal Ghislaine Maxwell deposition documents

BREAKING – Second Circuit affirms a lower court 's order to **unseal documents** related to the civil case of # @ @

BREAKING – Second Circuit affirms a lower court's order to **unseal documents** related to the civil case of #GhislaineMaxwell t.co/o5Hd0kMNkA
— Disclose.tv 🚨 (@disclosetv) October 19, 2020


investmentwatchblog--2020-10-19--Facebook’s Public Policy Manager for Global Elections, was Joe Biden’s senior policy adviser… on Ukr

Facebook’s Public Policy Manager for Global Elections, was Joe Biden’s senior policy adviser… on Ukraine

The debacle that Big Tech created this week when they decided to censor an article critical of Joe Biden and his son , Hunter , has put a spotlight on people who were otherwise hidden in the shadows .
Of particular interest are those who are involved with ensuring “ election integrity ” at companies like Facebook , Twitter , and Google .
That ’ s why it ’ s no surprise to find out Anna Makanju , Facebook ’ s Public Policy Manager for Global Elections , has a history that should spark interest .
First and foremost , @ @ @ @ @ @ @ Union .
That fact alone is not disqualifying ; there are many patriotic Americans born in the USSR who are now wonderful citizens .
But when we look at the rest of her history , the Soviet connection becomes a bigger issue .
Here are some of the other areas of concern , especially when we consider the role she plays at Facebook should be filled by someone who is politically unbiased : • Director for Russia at the National Security Council • Chief of Staff for the Office of European and NATO @ @ @ @ @ @ @ America in Wisconsin • Worked for the President of the International Criminal Tribunal for the Former Yugoslavia

The debacle that Big Tech created this week when they decided to censor an article critical of Joe Biden and his son, Hunter, has put a spotlight on people who were otherwise hidden in the shadows. Of particular interest are those who are involved with ensuring “election integrity” at companies like Facebook, Twitter, and Google. That’s why it’s no surprise to find out Anna Makanju, Facebook’s Public Policy Manager for Global Elections, has a history that should spark interest.
First and foremost, she was born in the former Soviet Union. That fact alone is not disqualifying; there are many patriotic Americans born in the USSR who are now wonderful citizens. But when we look at the rest of her history, the Soviet connection becomes a bigger issue. Here are some of the other areas of concern, especially when we consider the role she plays at Facebook should be filled by someone who is politically unbiased:
We are primarily funded by readers. Please subscribe and donate to support us!
Senior Policy Advisor to Ambassador Samantha Power
Director for Russia at the National Security Council
Chief of Staff for the Office of European and NATO Policy
Professor at Woodrow Wilson School at Princeton University
Field organizer for Obama for America in Wisconsin
in Wisconsin Worked for the President of the International Criminal Tribunal for the Former Yugoslavia
Distinguished Paul and Daisy Soros Fellowship recipient
noqreport.com/2020/10/17/anna-makanju-facebooks-public-policy-manager-for-global-elections-was-joe-bidens-senior-policy-adviser-on-ukraine/


investmentwatchblog--2020-10-19--Trump supporters in Kansas receive warning letters sayinh they’re being targeted

These fliers are being left in Kansas City neighborhoods .
This on top of our former KS National Committeeman getting @ @ @ @ @ due to his Trump sign .
Please pray that America will reject this violence and @ @

These fliers are being left in Kansas City neighborhoods. This on top of our former KS National Committeeman getting run over on his yard due to his Trump sign. Please pray that America will reject this violence and hate.
We are primarily funded by readers. Please subscribe and donate to support us!
These fliers are being left in Kansas City neighborhoods. This on top of our former KS National Committeeman getting run over on his yard due to his Trump sign. Please pray that America will reject this violence and hate. pic.twitter.com/vQlb1ZqiVg — Matt Schlapp (@mschlapp) October 19, 2020
Facebook took my entire account down after I posted what happened to me. — Isabella Maria DeLuca (@bellamaria1776) October 18, 2020
AC


investmentwatchblog--2020-10-19--1,000 Cars Lined Up For A Trump Parade From Seaord To Montauk – 60 miles!! Not Campaign Organized, J

1,000 Cars Lined Up For A Trump Parade From Seaord To Montauk – 60 miles!! Not Campaign Organized, Just Passionate Voters.

This is why so many Trump supporters are optimistic he will get 4 more years – about 1,000 cars lined @ @ @ @ @ parade from Seaford to Montauk – 60 miles !
!
Not campaign organized , just @ @ @ @

This is why so many Trump supporters are optimistic he will get 4 more years – about 1,000 cars lined up for a @realdonaldtrump parade from Seaford to Montauk – 60 miles!! Not campaign organized, just passionate voters. pic.twitter.com/ebAcGZYyq8
— Brian Kilmeade (@kilmeade) October 19, 2020


investmentwatchblog--2020-10-19--THE MEDIA: appeasing madness & irrelevance

The most over-used and falsely applied term in what passes for journlism now has to be fake news .
Passing highly plausible conspiracy reports off as ‘ luicrous rubbish ’ on the one hand – while promoting myths themselves on the other – how the mainstream media hacks find the enthusiasm to do it day after day remains a mystery .
‘ Hope for vaccine in New Year ’ headlined yesterday ’ s Sunday Times : I used its search engine to establish that the Murdoch Mendacity Machine has run ‘ promised vaccine ’ stories 186 times this year .
@ @ @ @ @ @ @ to spend 186/256 days predicting something , but pushing it further into the future ?
I mean , how bonkers are the hacks who spend 73 % of their time predicting the impossible ?
In the olden days of our dear departed Guardian , the excuse most of the time for it printing hilarious nonsense was that it was housed in a building full of sloppy proofreaders .
This led to it being referred in Private Eye as The Grauniad – a name that stuck for many years .
Today , Little G @ @ @ @ @ @ @ : instead , printing lies is down to its Executive editor , who has decreed how to smear those with whom it disagrees .
Thus , she dictates that Climate Change sceptics are in fact ‘ deniers ’ , conservative thinkers are ‘ regressive ’ , Covid19 libertarians are ‘ anti-vaxx conspiracy theorists ’ , and Antifa rioters are ‘ peaceful demonstrators ’ .
My default reactions to any news story these days are ( 1 ) Is this a wind-up ?
( 2 ) You would say that and ( 3 ) @ @ @ @ @ @ @ a shit ?
That ’ s to say , it ’ s about people getting upset about nothing , bias sticking out like an in-scale penis in the Statue of Liberty ’ s mouth , or celebrity codswallop .
By sheer volume , N° 3 is the most obvious .
This was my favourite record of nothing yesterday : Wayne Rooney gets emergency Covid test after infected pal delivers luxury watch to his house .
Wayne Rooney is super-fit and under thirty-five .
He has roughly 30 chances in 200,000 of dying from @ @ @ @ @ @ @ four times and throw a sicky for a few days .
This is not news , this is a washed-up soccer playing gonk buying a watch .
N° 2 led the pack at the Mail on Sunday – if you could fight your way past the ads – with a gripping video of the Pfizer production line churning out bottles of “ Covid vaccine ” : ……new footage shows the vaccine that could end the Covid misery engulfing the planet .
Drug giant Pfizer has already manufactured ‘ several hundred thousand doses ’ @ @ @ @ @ @ @ Puurs , Belgium , The Mail on Sunday can reveal .
They are being stockpiled ready to be rolled out worldwide if clinical trials are a success , and regulators deem it safe and effective .
The US giant hopes to make 100 million doses available this year , of which 40 million are destined for the UK – a figure that will be dwarfed by the 1.3 billion jabs the company aims to manufacture in 2021.… The Mail Group is the best-run business in Fleet Street , but it ’ s business @ @ @ @ @ @ @ pretty apparent in everything they produce .
My questions on reading this alarming story yesterday morning were : why is Pfizer stockpiling the stuff before it ’ s been tested ?
who is the “ vaccine ” to be tested on ?
and who ’ s going to do the regulating ?
None of these questions were answered : as George Orwell would ’ ve said , “ This isn ’ t news , it ’ s PR ” .
But I group it under N°2 because of the ridiculous opener , ‘ @ @ @ @ @ @ @ .
The only misery is being caused by the élites ’ reaction to Coronavirus , and their impenetrable rules about the standing sitting running jumping distancing mask farrago .
The Editorial Board behind the Mail would say that , because the swabs around its Zero moral compass editor Ted Verity ( not veritas , mind ) are all globalists who gladly switched sides on the Brexit issue in order to ensure the advertising revenue from Big Globalist business would carry on pouring into the MoS .
Verity ’ s first act as editor @ @ @ @ @ @ @ Boris Johnson sister Rachel , and replace her with the unutterably ghastly ( and lucky to be at liberty ) hacking airhead Tina Weaver .
Terrifique Tina 38-27-46 learned her trade at The Mirror .
You know – the Mirror edited by Piers Morgan who had nothing to do with phone-hacking and never learned how to hack a phone , with but one flaw in his case….he was guilty .
So now you know .
But the richest seam is Numero Uno , because for a wrinkly like me who still grasps the @ @ @ @ @ @ @ sucrose , it is the easiest evidence to collect for any journalist still interested in Truth – as opposed to who owned the hamster that Freddie Starr allegedly consumed .
My N°1 pick of the weekend is this little tidbit of invented self-absorption : I realise this puts me at a disadvantage , because I saw the name and thought ‘ Who he ?
” .
Then I read that he didn ’ t want to be binary any more , he wanted to be non-binary .
My problem here was that binary @ @ @ @ @ @ @ form of cranial contents definition : the binary brain sees the Universe and our Earth through the “ eyes ” of the brain , despite the overwhelming evidence in New Physics suggesting that it is not like that at all .
The non-binary brain listens to all sides and usually concludes that ( for example ) there is nature and nurture , not nature or nurture .
There is also Nietsche , but he went mad , anthaddisnaartimportantattheessmomenintime .
However , it appears that I have been wrong all my educated life , @ @ @ @ @ @ @ ’ s been hijacked by braindead pc , whose cadres lack the imagination to come up with any new phrase that isn ’ t complete todger , for example , cultural appropriation .
So now binary black-and-white thinking means ( for those of you who are full of zip , zap and shit ) a queer who swings both ways – in LGBTQspeak , our Samuel has “ come out ” as being G and B – so he ’ s two people – but actually B covers it…so he ’ s one @ @ @ @ @ @ @ extract from the piece , and weep quietly in a darkened room free of weapons with which you might harm yourselves and others [ my emphases ] : When Sam Smith came out as non-binary in 2019 , no longer identifying as he , it made global news…..last year the 28-year-old made headlines around the world , coming out as non-binary during an interview posted on Instagram with the actress and presenter Jameela Jamil and asking that people use the pronouns they/them instead of he/him .
At the time Smith said that they @ @ @ @ @ @ @ identity , but weren ’ t ready to speak at length about it .
I ’ ve spared you the worst of the article .
I now await “ global news ” revealing what two hysterically narcissistic singer-songwriters might put after the next song They write – Smith/Smith ?
Can we just be clear about this before I hit the ceiling on my way towards a Time and/or Galaxy far far away where the sub-atomic zone has not , as yet , invaded 3-dimensional reality ?
Sam Smith is a 28 year old @ @ @ @ @ @ @ come out ” as bisexual .
In physicality terms , he is one person and always will be .
Sam Smith pleading guilty to talking rubbish on the grounds that the other Sam Smith said it is , to be obvious here , inadmissable as Court evidence .
And he ’ s coming out of what – the genie ’ s lamp ?
Doctor Frankenstein ’ s wrappings ?
Pret à Manger ?
Left field ?
I mean , is this ‘ They ’ couple coming out of a psychiatric asylum for those @ @ @ @ @ @ @ being one , but are now two ?
Because if so , whyTF is he being released ?
How long will it be , we wonder , before non-binaries ( NBs ? )
start demanding two votes ?
To be honest , I don ’ t think it ’ s going to matter , because work I conducted with the Department of Health about AIDS during 1986-7 showed that around 0.4 % at most of the British population are bisexual .
We live , without doubt , in a mad , mad , @ @ @ @ @

by John War
The most over-used and falsely applied term in what passes for journlism now has to be fake news. Passing highly plausible conspiracy reports off as ‘luicrous rubbish’ on the one hand – while promoting myths themselves on the other – how the mainstream media hacks find the enthusiasm to do it day after day remains a mystery.
‘Hope for vaccine in New Year’ headlined yesterday’s Sunday Times: I used its search engine to establish that the Murdoch Mendacity Machine has run ‘promised vaccine’ stories 186 times this year. How mad do you have to be to spend 186/256 days predicting something, but pushing it further into the future? I mean, how bonkers are the hacks who spend 73% of their time predicting the impossible?
In the olden days of our dear departed Guardian, the excuse most of the time for it printing hilarious nonsense was that it was housed in a building full of sloppy proofreaders. This led to it being referred in Private Eye as The Grauniad – a name that stuck for many years.
Today, Little G no longer has the proofreaders to blame: instead, printing lies is down to its Executive editor, who has decreed how to smear those with whom it disagrees. Thus, she dictates that Climate Change sceptics are in fact ‘deniers’, conservative thinkers are ‘regressive’, Covid19 libertarians are ‘anti-vaxx conspiracy theorists’, and Antifa rioters are ‘peaceful demonstrators’.
My default reactions to any news story these days are (1) Is this a wind-up? (2) You would say that and (3) Do I look as if I give a shit? That’s to say, it’s about people getting upset about nothing, bias sticking out like an in-scale penis in the Statue of Liberty’s mouth, or celebrity codswallop.
By sheer volume, N° 3 is the most obvious. This was my favourite record of nothing yesterday:
Wayne Rooney gets emergency Covid test after infected pal delivers luxury watch to his house.
Wayne Rooney is super-fit and under thirty-five. He has roughly 30 chances in 200,000 of dying from Covid. He may sneeze up to four times and throw a sicky for a few days. This is not news, this is a washed-up soccer playing gonk buying a watch.
N° 2 led the pack at the Mail on Sunday – if you could fight your way past the ads – with a gripping video of the Pfizer production line churning out bottles of “Covid vaccine”:
……new footage shows the vaccine that could end the Covid misery engulfing the planet. Drug giant Pfizer has already manufactured ‘several hundred thousand doses’ of the jab at its plant in Puurs, Belgium, The Mail on Sunday can reveal. They are being stockpiled ready to be rolled out worldwide if clinical trials are a success, and regulators deem it safe and effective. The US giant hopes to make 100 million doses available this year, of which 40 million are destined for the UK – a figure that will be dwarfed by the 1.3 billion jabs the company aims to manufacture in 2021.…
The Mail Group is the best-run business in Fleet Street, but it’s business isn’t journalism. This is pretty apparent in everything they produce. My questions on reading this alarming story yesterday morning were: why is Pfizer stockpiling the stuff before it’s been tested? who is the “vaccine” to be tested on? and who’s going to do the regulating? None of these questions were answered: as George Orwell would’ve said, “This isn’t news, it’s PR”.
But I group it under N°2 because of the ridiculous opener, ‘the Covid misery engulfing the planet‘. The only misery is being caused by the élites’ reaction to Coronavirus, and their impenetrable rules about the standing sitting running jumping distancing mask farrago.
The Editorial Board behind the Mail would say that, because the swabs around its Zero moral compass editor Ted Verity (not veritas, mind) are all globalists who gladly switched sides on the Brexit issue in order to ensure the advertising revenue from Big Globalist business would carry on pouring into the MoS.
Verity’s first act as editor was to fire the delightful and intelligent Boris Johnson sister Rachel, and replace her with the unutterably ghastly (and lucky to be at liberty) hacking airhead Tina Weaver. Terrifique Tina 38-27-46 learned her trade at The Mirror. You know – the Mirror edited by Piers Morgan who had nothing to do with phone-hacking and never learned how to hack a phone, with but one flaw in his case….he was guilty.
We are primarily funded by readers. Please subscribe and donate to support us!
So now you know.
But the richest seam is Numero Uno, because for a wrinkly like me who still grasps the chemical and olfactory difference between stools and sucrose, it is the easiest evidence to collect for any journalist still interested in Truth – as opposed to who owned the hamster that Freddie Starr allegedly consumed.
My N°1 pick of the weekend is this little tidbit of invented self-absorption:
I realise this puts me at a disadvantage, because I saw the name and thought ‘Who he?”.
Then I read that he didn’t want to be binary any more, he wanted to be non-binary. My problem here was that binary in relation to human beings is a form of cranial contents definition: the binary brain sees the Universe and our Earth through the “eyes” of the brain, despite the overwhelming evidence in New Physics suggesting that it is not like that at all. The non-binary brain listens to all sides and usually concludes that (for example) there is nature and nurture, not nature or nurture. There is also Nietsche, but he went mad, anthaddisnaartimportantattheessmomenintime.
However, it appears that I have been wrong all my educated life, and binary is yet another term that’s been hijacked by braindead pc, whose cadres lack the imagination to come up with any new phrase that isn’t complete todger, for example, cultural appropriation. So now binary black-and-white thinking means (for those of you who are full of zip, zap and shit) a queer who swings both ways – in LGBTQspeak, our Samuel has “come out” as being G and B – so he’s two people – but actually B covers it…so he’s one Thing being Two Smiths.
Iggle doogell bibble babble crapple foggle.
Read this extract from the piece, and weep quietly in a darkened room free of weapons with which you might harm yourselves and others [my emphases]:
When Sam Smith came out as non-binary in 2019, no longer identifying as he, it made global news…..last year the 28-year-old made headlines around the world, coming out as non-binary during an interview posted on Instagram with the actress and presenter Jameela Jamil and asking that people use the pronouns they/them instead of he/him. At the time Smith said that they wanted to be open about their new identity, but weren’t ready to speak at length about it.
I’ve spared you the worst of the article. I now await “global news” revealing what two hysterically narcissistic singer-songwriters might put after the next song They write – Smith/Smith?
Can we just be clear about this before I hit the ceiling on my way towards a Time and/or Galaxy far far away where the sub-atomic zone has not, as yet, invaded 3-dimensional reality? Sam Smith is a 28 year old Gay man, and he has “come out” as bisexual. In physicality terms, he is one person and always will be. Sam Smith pleading guilty to talking rubbish on the grounds that the other Sam Smith said it is, to be obvious here, inadmissable as Court evidence.
And he’s coming out of what – the genie’s lamp? Doctor Frankenstein’s wrappings? Pret à Manger? Left field? I mean, is this ‘They’ couple coming out of a psychiatric asylum for those who were at one time deluded about being one, but are now two? Because if so, whyTF is he being released?
How long will it be, we wonder, before non-binaries (NBs?) start demanding two votes? To be honest, I don’t think it’s going to matter, because work I conducted with the Department of Health about AIDS during 1986-7 showed that around 0.4% at most of the British population are bisexual.
We live, without doubt, in a mad, mad, mad, mad world.


investmentwatchblog--2020-10-19--Trump Is On His Way To Victory- Because Of The Trump Miracle Economy

Of course , Trump is headed for a re-election victory on November 3rd .
Why should anyone be shocked ?
Trump is proving once again why he ’ s “ the GOAT ” ( the greatest economic president of all-time ) .
He created perhaps the greatest economy in U.S. history before Covid .
And now , he ’ s doing it again !
Remember the brilliant wisdom of Democrat strategist James Carville , “ It ’ s the economy , stupid.
” Americans can argue , debate and infuriate all day about Trump ’ s tweets , offensive language @ @ @ @ @ @ @ , they always make their voting decisions based on their wallets and pocketbooks .
Can Democrats beat the guy who just produced highest economic growth in America ’ s history ?
No way , Jose .
That ’ s about to be announced on October 29th , just five days before the election .
It will prove Trump has done it again .
He ’ s rebuilt the world ’ s greatest economy- again .
The first time Trump had to rebuild Obama-Biden ’ s disastrous economy .
How bad was their economy @ @ @ @ @ @ @ in history to never once hit 3 % GDP ( economic growth ) .
Since 1776 and George Washington .
Even Hoover and FDR in the depths of the great depression each had one year with 3 % or higher GDP .
But not Obama-Biden .
Obama-Biden was even worse when it came to jobs .
It took them four years to get unemployment down below 8 % .
But it took Trump only five months to get unemployment back under 8 % from the start of the disastrous Covid pandemic , when @ @ @ @ @ @ @ so talented , he got us out of a Great Depression in five months .
Let ’ s go back to GDP .
Because economic growth is what really matters .
That ’ s how you create jobs .
That ’ s how you make Americans feel “ better off.
” The Atlanta Fed is projecting the 3rdquarter GDP number released on October 29thwill be 34.6 % economic growth .
That ’ s the fastest quarterly economic growth in history .
Even if the projection is high , even if the actual number @ @ @ @ @ @ @ 27 % , or 25 % , it ’ s still the highest in America ’ s history , by a wide margin .
But wait , it gets better .
Trump achieved this miracle with a large portion of the country closed for business .
Trump did it with deep blue states like California , New York , New Jersey , Massachusetts , Illinois and Michigan mostly locked down and closed for business for most of that quarter .
What if all those states had been open for business ?
The GDP @ @ @ @ @ @ @ % , even ( gasp ) 60 % .
As I told Yahoo Finance a few days ago when they interviewed me about this Trump economic miracle , if Trump was playing in the Wimbledon finals , this would be like winning the championship in straight sets , with both legs and one arm tied behind his back .
Think about it .
Trump ’ s economy hit the best number in history without New York or California participating .
Or a dozen other deep blue Democrat states , run by insane , @ @ @ @ @ @ @ But it gets better .
On Friday the government announced US Core Retail Sales were up a stunning 9.1 % year to year- the greatest rise in America ’ s history .
Again , this happened while a dozen blue states were still mostly shut down .
They didn ’ t even have indoor dining in California , or most of New York City in September .
Trump is winning Wimbledon with both legs and one arm tied behind his back !
Wait .
There ’ s more proof that Trump has led @ @ @ @ @ @ @ economic engine of the US economy is small business .
Small business creates most of the jobs and pays most of the taxes .
Optimism of small business owners climbed in September to one of the all-time highest levels .
Even more significant , this reading of 204 points was the highest since January .
That means small business owners are the most excited and optimistic since before the pandemic .
By the way , economists predicted this small business optimism index would rise to between 99 and 102 in September .
Instead @ @ @ @ @ @ @ one imagined possible .
Under President Trump ’ s leadership , we are all the way back from the brink .
Without New York or California , or the rest of insane deep blue America .
So , of course Trump is about to win re-election .
Thanks to the Trump Miracle Economy .
No one is handing this economy back to Joe Biden and Kamala Harris .
Wayne Allyn Root is a CEO , entrepreneur , best-selling author , nationally-syndicated talk show host on USA Radio Network at 6 PM to 9 @ @ @ @ @ @ @ .
To find out more about Wayne Allyn Root and read features by other Creators Syndicate writers and cartoonists , visit the Creators Syndicate website at www.creators.com .

by Wayne Root
Of course, Trump is headed for a re-election victory on November 3rd. Why should anyone be shocked? Trump is proving once again why he’s “the GOAT” (the greatest economic president of all-time). He created perhaps the greatest economy in U.S. history before Covid. And now, he’s doing it again!
Who’s gonna vote against that?
Remember the brilliant wisdom of Democrat strategist James Carville, “It’s the economy, stupid.” Americans can argue, debate and infuriate all day about Trump’s tweets, offensive language and policies. But in the end, they always make their voting decisions based on their wallets and pocketbooks.
Can Democrats beat the guy who just produced highest economic growth in America’s history? No way, Jose. That’s about to be announced on October 29th, just five days before the election. It will prove Trump has done it again. He’s rebuilt the world’s greatest economy- again.
The first time Trump had to rebuild Obama-Biden’s disastrous economy. How bad was their economy? Obama-Biden was the only presidential team in history to never once hit 3% GDP (economic growth). Since 1776 and George Washington. Even Hoover and FDR in the depths of the great depression each had one year with 3% or higher GDP. But not Obama-Biden.
Obama-Biden was even worse when it came to jobs. It took them four years to get unemployment down below 8%. But it took Trump only five months to get unemployment back under 8% from the start of the disastrous Covid pandemic, when unemployment hit 14%.
Trump is so talented, he got us out of a Great Depression in five months.
Let’s go back to GDP. Because economic growth is what really matters. That’s how you create jobs. That’s how you make Americans feel “better off.” The Atlanta Fed is projecting the 3rdquarter GDP number released on October 29thwill be 34.6% economic growth. That’s the fastest quarterly economic growth in history. Even if the projection is high, even if the actual number comes in at 30%, or 27%, or 25%, it’s still the highest in America’s history, by a wide margin.
We are primarily funded by readers. Please subscribe and donate to support us!
But wait, it gets better. Trump achieved this miracle with a large portion of the country closed for business. Trump did it with deep blue states like California, New York, New Jersey, Massachusetts, Illinois and Michigan mostly locked down and closed for business for most of that quarter.
What if all those states had been open for business? The GDP might have been 40%, 50%, even (gasp) 60%. As I told Yahoo Finance a few days ago when they interviewed me about this Trump economic miracle, if Trump was playing in the Wimbledon finals, this would be like winning the championship in straight sets, with both legs and one arm tied behind his back.
Think about it. Trump’s economy hit the best number in history without New York or California participating. Or a dozen other deep blue Democrat states, run by insane, out-of-control socialist tyrants. Holy Cannoli.
But it gets better. On Friday the government announced US Core Retail Sales were up a stunning 9.1% year to year- the greatest rise in America’s history. Again, this happened while a dozen blue states were still mostly shut down. They didn’t even have indoor dining in California, or most of New York City in September.
Trump is winning Wimbledon with both legs and one arm tied behind his back!
Wait. There’s more proof that Trump has led us to a magnificent comeback. The economic engine of the US economy is small business. Small business creates most of the jobs and pays most of the taxes. Optimism of small business owners climbed in September to one of the all-time highest levels. Even more significant, this reading of 204 points was the highest since January. That means small business owners are the most excited and optimistic since before the pandemic.
By the way, economists predicted this small business optimism index would rise to between 99 and 102 in September. Instead it doubled to 204, something no one imagined possible. Under President Trump’s leadership, we are all the way back from the brink. Without New York or California, or the rest of insane deep blue America.
So, of course Trump is about to win re-election. Thanks to the Trump Miracle Economy. No one is handing this economy back to Joe Biden and Kamala Harris.
Wayne Allyn Root is a CEO, entrepreneur, best-selling author, nationally-syndicated talk show host on USA Radio Network at 6 PM to 9 PM EST/3 PM to 6 PM PST. To find out more about Wayne Allyn Root and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate website at www.creators.com.


investmentwatchblog--2020-10-19--Neel Kashkari Is The Definition Of “Moral Hazard”

Neel Kashkari , in a recent CNBC interview , said , “ I don ’ t see any moral hazard here “ when asked if the Fed ’ s massive liquidity injections have blown a bubble .
What exactly is the definition of “ moral hazard.
” Take a look at the following chart .
Zombie companies depend on a speculative investment climate for bond issuance for their survival .
As discussed in “ Recessions Are A Good Thing : ” “ ‘ Zombies ’ are firms whose debt servicing costs are higher than their profits but are kept alive @ @ @ @ @ @ @ macroeconomic problem .
Zombie firms are less productive , and their existence lowers investment in , and employment at , more productive firms .
In short , a side effect of central banks keeping rates low for a long time is it keeps unproductive firms alive .
Ultimately , that lowers the long-run growth rate of the economy.
” – Axios Such also explains why there are currently record levels of “ junk bond ” issuance in the market .
Interestingly , the number of “ Zombie ” companies in the market has @ @ @ @ @ @ @ massive Federal Reserve interventions , bailouts , and zero rates provided the life support failing companies needed .
From a market perspective , the liquidity flows from the Federal Reserve increased speculative appetites and investors piled into “ zombies ” with reckless abandon .
Why ?
Because of a lack of incentive to guard against risk as investors believe the Fed is protecting them from the consequences of risk .
In other words , the Fed has “ insured them ” against potential losses .
Of course , Neel doesn ’ t see @ @ @ @ @ @ @ .
Nor does he see any “ moral hazard ” from the distortion of the credit markets either .
Currently , yield spreads are trading near historically low levels in the midst of an economic recession .
Nor does he seem to notice the “ moral hazard ” of both a surge in debt accumulation and inflated asset prices .
Such can only exist as long as rates remain near zero and monetary policy remains accommodative .
While Kaskari “ doesn ’ t see any correlation between the Fed ’ s monetary interventions @ @ @ @ @ @ @ CNBC made the connection .
However , there is no “ free lunch.
” Not The Worst Of It For the Fed to continue providing monetary support to the markets , they must monetize nearly every dollar of U.S. debt issuance for the foreseeable future .
Given the amount of debt required to sustain current economic growth , the Fed has no choice but to continue monetization of the Federal debt indefinitely .
Such leaves only TWO possible outcomes from here , both of them are not good .
• • None Powell @ @ @ @ @ @ @ zero .
the pension and social welfare systems , the debt will continue to stifle inflation and economic growth .
The cycle that started nearly 40-years ago will continue as the U.S. adopts the • None The second outcome is far worse , which is an Such an event started in 2008 but was cut short by Central Bank interventions .
In 2020 , the Fed arrested the deleveraging process once again .
Both events led to an even which increases the risk of a crisis the Fed ’ s interventions may not @ @ @ @ @ @ @ a precedent for a Central Bank becoming nearly the entire holder of the bond market .
Since the financial crisis , Japan has been running a massive “ quantitative easing ” program , which , on a relative basis , is more than 3-times the size of that in the U.S .
While stock markets have performed well , economic prosperity is less than before the century ’ s turn .
Furthermore , despite the BOJ ’ s balance sheet consuming 80 % of the ETF markets , not to mention a sizable @ @ @ @ @ @ @ market , Japan has been plagued by rolling recessions , low inflation , and low-interest rates .
( Japan ’ s 10-year Treasury rate fell into negative territory for the second time in recent years . )
The debt problem exposes the Fed ’ s risk and why they are now forever trapped at the zero-bound .
Given economic growth remained elusive over the last decade , it is unlikely doubling the Fed ’ s balance sheet will improve future outcomes .
While Mr. Kashkari fails to recognize the impact of their policies @ @ @ @ @ @ @ experience showing that surging debt and deficits inhibit organic growth .
The US economy is literally on perpetual life support .
Recent events show too clearly that unless fiscal and monetary stimulus continues , the economy , and by extension , the stock market , would fail .
Interestingly , while Mr. Kashkari says he “ sees no moral hazard , ” he recently stated we are “ forgetting the lessons of the 2008 financial crisis “ : Yes , we bailed out everything , and the consequences of not allowing the system @ @ @ @ @ @ @ to further distortions in the economy and markets .
The Fed Is The Cause When the Fed tries to normalize monetary policy , they immediately cause a financial crisis in the market .
The resulting destruction of household net worth requires an immediate response by the Fed of zero interest rates and liquidity .
Subsequently , they create the next “ bubble ” to offset the deflation of the last .
A recent Fed study shows the result of their actions is the retardation of economic growth and a massive expansion of the @ @ @ @ @ @ @ top-10 % controls most of the net worth .
Since a majority of the population does not , or only marginally , participates in the financial markets , the “ boost ” has remained concentrated to the upper 10 % .
The Federal Reserve ’ s study confirms this .
So either the Fed willfully chose to ignore the consequences of their actions , or blatantly lied about it .
Unfortunately , policy-makers , along with the Federal Reserve , are stuck .
Conversely , the Federal Reserve serves at the mercy of @ @ @ @ @ @ @ is why their policy focuses on inflating asset prices for the top 10 % , hoping it will one day trickle down to the bottom 90 % .
After a decade , it hasn ’ t happened .
As noted , Japan is the path we are following .
“ Monetary growth ( and QE ) can mechanically elevate and inflate equity markets .
For example , in the U.S. market , a side effect is that via the ‘ repo ’ market , it turns into leveraged trades into the equity markets @ @ @ @ @ @ @ of bullets and have begun to question the efficacy of monetary largess .
The bigger picture takeaway is that financial engineering does not help an economy .
It probably hurts it .
If it helped , after mega-doses of the stuff in every imaginable form , the Japanese economy would be humming .
But the Japanese economy is doing the opposite .
Japan tried to substitute monetary policy for sound fiscal and economic policy .
And the result is terrible.
” – Doug Kass One thing is for sure , “ repeating the @ @ @ @ @ @ @ outcome ” has never been a solution for success .
We are reasonably confident it won ’ t work this time either .

by Lance Roberts
Neel Kashkari, in a recent CNBC interview, said, “I don’t see any moral hazard here“ when asked if the Fed’s massive liquidity injections have blown a bubble.
What exactly is the definition of “moral hazard.”
Noun – ECONOMICS
The lack of incentive to guard against risk where one is protected from its consequences, e.g., by insurance.
Take a look at the following chart.
The Zombie Apocolypse
Zombie companies depend on a speculative investment climate for bond issuance for their survival. As discussed in “Recessions Are A Good Thing:”
“‘Zombies’ are firms whose debt servicing costs are higher than their profits but are kept alive by relentless borrowing. Such is a macroeconomic problem. Zombie firms are less productive, and their existence lowers investment in, and employment at, more productive firms. In short, a side effect of central banks keeping rates low for a long time is it keeps unproductive firms alive. Ultimately, that lowers the long-run growth rate of the economy.” – Axios
Such also explains why there are currently record levels of “junk bond” issuance in the market.
“Issuance in 2020 through August was $291.9 billion, up 71% year over year. Credit strategists at BofA Global Research now project a full-year primary volume of $375 billion. Such would shatter the current record total of $344.8 billion in 2012, according to LCD.”
Interestingly, the number of “Zombie” companies in the market has hit decade highs in 2020. The massive Federal Reserve interventions, bailouts, and zero rates provided the life support failing companies needed. From a market perspective, the liquidity flows from the Federal Reserve increased speculative appetites and investors piled into “zombies” with reckless abandon.
Why? Because of a lack of incentive to guard against risk as investors believe the Fed is protecting them from the consequences of risk.
In other words, the Fed has “insured them” against potential losses.
No-Risk Anywhere
Of course, Neel doesn’t see any moral hazard in the charts above. Nor does he see any “moral hazard” from the distortion of the credit markets either. Currently, yield spreads are trading near historically low levels in the midst of an economic recession.
Nor does he seem to notice the “moral hazard” of both a surge in debt accumulation and inflated asset prices. Such can only exist as long as rates remain near zero and monetary policy remains accommodative.
While Kaskari “doesn’t see any correlation between the Fed’s monetary interventions and the stock market,” even CNBC made the connection.
‘The increase in the Fed’s balance sheet has been in near lockstep with the stock market’s climb. The balance sheet has expanded 10% since October, while the S&P 500 shot up 12%, including notching its best fourth quarter since 2013.’” – CNBC
However, there is no “free lunch.”
Not The Worst Of It
For the Fed to continue providing monetary support to the markets, they must monetize nearly every dollar of U.S. debt issuance for the foreseeable future.
“Randy Quarles said the Fed might have to remain engaged in asset buying for some time as financial markets are dealing with too many Treasurys to handle on their own. Total public debt now stands at just under $27 trillion, up from $23 trillion in this year’s first quarter. Debt is also $9.4 trillion higher than in the first quarter of 2008 in the midst of the financial crisis and the Government engaged in a long-running surge in borrowing.” – WSJ
Given the amount of debt required to sustain current economic growth, the Fed has no choice but to continue monetization of the Federal debt indefinitely.
Such leaves only TWO possible outcomes from here, both of them are not good.
We are primarily funded by readers. Please subscribe and donate to support us!
Powell & Co. continue to keep rates at zero. As aging demographics strain the pension and social welfare systems, the debt will continue to stifle inflation and economic growth. The cycle that started nearly 40-years ago will continue as the U.S. adopts the “Japan Syndrome.” The second outcome is far worse, which is an economic decoupling that leads to a massive deleveraging process. Such an event started in 2008 but was cut short by Central Bank interventions. In 2020, the Fed arrested the deleveraging process once again. Both events led to an even more debt-laden system, which increases the risk of a crisis the Fed’s interventions may not stop.
As noted, there is a precedent for a Central Bank becoming nearly the entire holder of the bond market.
Failure To Launch
Since the financial crisis, Japan has been running a massive “quantitative easing” program, which, on a relative basis, is more than 3-times the size of that in the U.S. While stock markets have performed well, economic prosperity is less than before the century’s turn.
Furthermore, despite the BOJ’s balance sheet consuming 80% of the ETF markets, not to mention a sizable chunk of the corporate and government debt market, Japan has been plagued by rolling recessions, low inflation, and low-interest rates. (Japan’s 10-year Treasury rate fell into negative territory for the second time in recent years.)
While financial engineering props up asset prices, I think Japan is a perfect example that financial engineering not only does nothing for an economy over the medium to longer-term, it actually has negative consequences.” – Doug Kass
Forgetting The Lessons Of 2008
The debt problem exposes the Fed’s risk and why they are now forever trapped at the zero-bound.
Given economic growth remained elusive over the last decade, it is unlikely doubling the Fed’s balance sheet will improve future outcomes. While Mr. Kashkari fails to recognize the impact of their policies, we now have a decade of experience showing that surging debt and deficits inhibit organic growth.
The US economy is literally on perpetual life support. Recent events show too clearly that unless fiscal and monetary stimulus continues, the economy, and by extension, the stock market, would fail.
Interestingly, while Mr. Kashkari says he “sees no moral hazard,” he recently stated we are “forgetting the lessons of the 2008 financial crisis“:
“The shareholders got bailed out. The boards of directors got bailed out. Management got bailed out. So from their perspective, there was no crisis. We forget the lessons of the 2008 crisis. The bailouts worked too well. Financial crises keep happening ‘because we forget how bad they were.’” – Neel Kashkari
Yes, we bailed out everything, and the consequences of not allowing the system to “clear itself” has led to further distortions in the economy and markets.
The Fed Is The Cause
When the Fed tries to normalize monetary policy, they immediately cause a financial crisis in the market. The resulting destruction of household net worth requires an immediate response by the Fed of zero interest rates and liquidity. Subsequently, they create the next “bubble” to offset the deflation of the last.
A recent Fed study shows the result of their actions is the retardation of economic growth and a massive expansion of the “wealth gap,” where the top-10% controls most of the net worth.
Since a majority of the population does not, or only marginally, participates in the financial markets, the “boost” has remained concentrated to the upper 10%. The Federal Reserve’s study confirms this. So either the Fed willfully chose to ignore the consequences of their actions, or blatantly lied about it.
No Choice
Unfortunately, policy-makers, along with the Federal Reserve, are stuck.
“Since politicians want to get re-elected, sending money to households is a way to ‘buy the vote.’ The average American doesn’t understand their demands on the Government for more support creating their economic inequality.”
Conversely, the Federal Reserve serves at the mercy of the central Wall Street banks. Such is why their policy focuses on inflating asset prices for the top 10%, hoping it will one day trickle down to the bottom 90%. After a decade, it hasn’t happened.
As noted, Japan is the path we are following.
“Monetary growth (and QE) can mechanically elevate and inflate equity markets. For example, in the U.S. market, a side effect is that via the ‘repo’ market, it turns into leveraged trades into the equity markets. Again, authorities are running out of bullets and have begun to question the efficacy of monetary largess. The bigger picture takeaway is that financial engineering does not help an economy. It probably hurts it. If it helped, after mega-doses of the stuff in every imaginable form, the Japanese economy would be humming. But the Japanese economy is doing the opposite. Japan tried to substitute monetary policy for sound fiscal and economic policy. And the result is terrible.” – Doug Kass
One thing is for sure, “repeating the same failed actions and expecting a different outcome” has never been a solution for success.
We are reasonably confident it won’t work this time either.


investmentwatchblog--2020-10-19--Danielle DiMartino Booth: “What’s Really Happening Inside The Fed” – Hedgeye Investing Summit

This is an exclusive “ Hedgeye Investing Summit ” interview between Danielle DiMartino Booth , CEO & Chief Strategist of Quill Intelligence and CEO Keith McCullough .
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas .
Danielle left the Fed in 2015 to found Money Strong , LLC , an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up : An Insider ’ s Take on Why the Federal Reserve is Bad for America .
DiMartino Booth began her career in @ @ @ @ @ @ @ Jenrette and Credit Suisse , where she worked fixed income and the public and private equity markets .
Danielle earned her BBA as a College of Business Scholar at the University of Texas at San Antonio .
She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University .
Mr. Keith R. McCullough is the Founder and CEO of Hedgeye Risk Management LLC .
He covers the strategy sector at the firm .
Prior to founding the firm , Mr. @ @ @ @ @ @ @ , and Managing Director at the Carlyle-Bluewave Partners hedge fund .
Prior to that , he was a Portfolio Manager at Magnetar Capital ; a Founder , Managing Partner and Co-Portfolio Manager at Falconhenge Partners , LLC ; and Partner , Executive Vice President and Portfolio Manager at Dawson Herman Capital Management .
Mr. McCullough got his start as an Institutional Equity Sales Analyst at Credit Suisse First Boston .
He is currently co-chair of the NYC Bipartisan Policy Center ; he writes regularly for Fortune and Forbes and is the author of @ @ @ @ @ @ @ Hedge Fund Manager .

Hedgeye, Released on 10/15/20
This is an exclusive “Hedgeye Investing Summit” interview between Danielle DiMartino Booth, CEO & Chief Strategist of Quill Intelligence and CEO Keith McCullough.
We are primarily funded by readers. Please subscribe and donate to support us!
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Lufkin & Jenrette and Credit Suisse, where she worked fixed income and the public and private equity markets. Danielle earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.
Mr. Keith R. McCullough is the Founder and CEO of Hedgeye Risk Management LLC. He covers the strategy sector at the firm. Prior to founding the firm, Mr. McCullough was a Partner, Portfolio Manager, and Managing Director at the Carlyle-Bluewave Partners hedge fund. Prior to that, he was a Portfolio Manager at Magnetar Capital; a Founder, Managing Partner and Co-Portfolio Manager at Falconhenge Partners, LLC; and Partner, Executive Vice President and Portfolio Manager at Dawson Herman Capital Management. Mr. McCullough got his start as an Institutional Equity Sales Analyst at Credit Suisse First Boston. He is currently co-chair of the NYC Bipartisan Policy Center; he writes regularly for Fortune and Forbes and is the author of the popular book, Diary of a Hedge Fund Manager.


investmentwatchblog--2020-10-19--China sanctioned over Iran arms sales

China sanctioned over Iran arms sales

The US has imposed Iran-related sanctions on five Hong-Kong shipping companies , one Australian entity and one Chinese investment group @ @ @ @ @ the Treasury said , Sputnik News reported .
Delight Shipping Co Ltd , Gracious Shipping @ @ @ @ @ Co Ltd , Reach Holding Group , Reach Shipping Lines , Supreme Shipping Co Ltd @ @ @ @ @ Designated Nationals list , according to the statement .
This is big..with everything else going @ @ @ @ @ .
Relations just took another nose dive .
Will this lead to a total breakdown @ @ @ @ @ can only lead to escalation , I don ’ t think they ’ re throwing @ @ @ @ @

The US has imposed Iran-related sanctions on five Hong-Kong shipping companies, one Australian entity and one Chinese investment group, the US Department of the Treasury said, Sputnik News reported. Delight Shipping Co Ltd, Gracious Shipping Co Ltd, Noble Shipping Co Ltd, Reach Holding Group, Reach Shipping Lines, Supreme Shipping Co Ltd were added to the Specially Designated Nationals list, according to the statement.
en.mehrnews.com/news/164923/US-imposes-sanctions-on-Chinese-companies-over-Iran
This is big..with everything else going on, this is big.
Relations just took another nose dive.
We are primarily funded by readers. Please subscribe and donate to support us!
Will this lead to a total breakdown in trade relations? This can only lead to escalation, I don’t think they’re throwing Iran under the bus.
AC


investmentwatchblog--2020-10-19--CCP Wolf Warrior threatens 300,000 Canadians living in Hong Kong

“ We strongly urge the Canadian side not to grant so-called political asylum to those violent criminals in Hong Kong , because it is interference in China ’ s domestic affairs , and certainly it will embolden those violent criminals , ” Cong said .
“ If the Canadian side really cares about the stability and prosperity in Hong Kong , and really cares about the good health and safety of those 300,000 Canadian passport holders in Hong Kong , and a large number of Canadian companies operating in Hong Kong , you should support those efforts to fight violent @ @ @ @ @ @ @ were a threat , Cong reportedly replied : “ That is your interpretation.
” “ You got a bunch of nice people living in Hong Kong .
Real nice people .
Hope nothing happens to them.
” This continued Wolf Warrior approach – threatening 300,000 Canadian citizens if Canada gives asylum to Hong Kong refugees – will almost certainly have the reverse of its intended effect .
Longer term , this will drive an even faster decoupling .
Today , how many private citizens from the West would take the risk of going @ @ @ @ @ @ @ the CCP ?
That small number will almost certainly drop even further because of these comments .
Canada ’ s foreign minister summoned the Chinese Ambassador as a result of these comments .

by Dave
www.theguardian.com/world/2020/oct/16/china-ambassador-makes-veiled-threat-to-hong-kong-based-canadians
“We strongly urge the Canadian side not to grant so-called political asylum to those violent criminals in Hong Kong, because it is interference in China’s domestic affairs, and certainly it will embolden those violent criminals,” Cong said. “If the Canadian side really cares about the stability and prosperity in Hong Kong, and really cares about the good health and safety of those 300,000 Canadian passport holders in Hong Kong, and a large number of Canadian companies operating in Hong Kong, you should support those efforts to fight violent crimes.” When asked if his words were a threat, Cong reportedly replied: “That is your interpretation.”
“You got a bunch of nice people living in Hong Kong. Real nice people. Hope nothing happens to them.”
We are primarily funded by readers. Please subscribe and donate to support us!
This continued Wolf Warrior approach – threatening 300,000 Canadian citizens if Canada gives asylum to Hong Kong refugees – will almost certainly have the reverse of its intended effect.
Longer term, this will drive an even faster decoupling. Today, how many private citizens from the West would take the risk of going to live in an area controlled by the CCP? That small number will almost certainly drop even further because of these comments.
Canada’s foreign minister summoned the Chinese Ambassador as a result of these comments.


investmentwatchblog--2020-10-19--Dump Dollars, Buy Silver And Gold! We Destroyed The World’s Greatest Economy For No Reason

Experts have been alerting that the world ’ s greatest economy was destroyed for no reason .
Today , we will discuss specialists ’ insight about the US economic future and why market consultants are suggesting the economic collapse could have been avoided .
Furthermore , we ’ re going to examine the prospects of a W-shaped recovery , which means another recession is in sight .
And also , we are going to present economists ’ advice on how you can protect your wealth from the looming dollar collapse .
Stay with us , don ’ t forget to @ @ @ @ @ @ @ share it with friends , and subscribe to our channel to keep updated with future videos .
Notable economist and NY Times bestselling author , James Rickards , has recently published an intriguing article about the U.S. economic rock bottom , in which he skillfully evaluates that the American economy could have been saved if better money policies and political management were enacted when the crisis burst .
In that sense , his argumentation shows that the whole collapse happened for no good reason .
Jim Rickards discloses that the second-quarter GDP disaster @ @ @ @ @ @ @ pace that the economy was falling , the 31.4 % drop in this year ’ s second quarter was foreseeable .
However , for the third quarter , there was some excitement surrounding a potential V-shaped recovery with a sharp bounce-back after the reopening of closed businesses , rehiring of the unemployed , and a rising stock market .
Yet , the economy hasn ’ t been following the script envisaged for it by the politicians and experts , and even though some events have been accomplished , they aren ’ t as @ @ @ @ @ @ @ Rickards , these factors hasn ’ t been seen since the 1930s .
“ It ’ s worse than a technical recession , it ’ s a depression , and its effects will be felt for years , or even decades , to come , ” he outlines .
Going forward , the economic growth is expected to be even worse than the weakest-ever growth of the 2009–2020 recovery , and projections signal that the U.S. will not regain 2019 output levels until at least 2022 .
The rebound subsequent to the 2009 @ @ @ @ @ @ @ , configuring an L-shaped recovery .
The economic upturn was real , but , as the expert points out , the output gap between the former trend and the new trend was never closed .
In other words , the American economy has suffered a loss of over $ 4 trillion based on the difference between the former strong trend and the new weaker trend .
That lost wealth has dramatically repercussed on the economy back then .
But now , evidences indicate that the outlook for restoring growth is even lower than @ @ @ @ @ @ @ the expert defends that the widespread business shutdowns to restrain the spread of the virus weren ’ t effective nor it was worth it to put the economic activity on hold when different measures with significantly less damaging side effects could have been taken .
In his article , he reports that numerous top scientists agree that lockdowns don ’ t work .
When it comes to the current infection ’ s inherent specifics , the virus would likely spread with or without a lockdown .
It would have been more efficient if @ @ @ @ @ @ @ beginning .
According to Jim Rickards , some procedures such as washing hands , keeping social distance , and wearing masks in crowded spaces make sense .
But there isn ’ t any evidence that masks do any good at all when the wearer is alone , outdoors , or at a reasonable distance from others .
He argues that we could have followed these basic rules and gotten 90 % of the benefit of a lockdown at only 10 % of the cost .
Those who support lockdowns have ignored the costs @ @ @ @ @ @ @ abuse , and upsurges in depression and anxiety resulted from a lack of social interaction .
If the population were provided with proper health education from the start , it would never be necessary to close every bar , restaurant , salon , boutique , and public space .
That ’ s why he asserts that the world ’ s greatest economy was destroyed for no good reason .

Experts have been alerting that the world’s greatest economy was destroyed for no reason. Today, we will discuss specialists’ insight about the US economic future and why market consultants are suggesting the economic collapse could have been avoided. Furthermore, we’re going to examine the prospects of a W-shaped recovery, which means another recession is in sight. And also, we are going to present economists’ advice on how you can protect your wealth from the looming dollar collapse. Stay with us, don’t forget to give this video a thumbs up, share it with friends, and subscribe to our channel to keep updated with future videos.
Notable economist and NY Times bestselling author, James Rickards, has recently published an intriguing article about the U.S. economic rock bottom, in which he skillfully evaluates that the American economy could have been saved if better money policies and political management were enacted when the crisis burst. In that sense, his argumentation shows that the whole collapse happened for no good reason.
Jim Rickards discloses that the second-quarter GDP disaster was all but unexpected. At the pace that the economy was falling, the 31.4% drop in this year’s second quarter was foreseeable. However, for the third quarter, there was some excitement surrounding a potential V-shaped recovery with a sharp bounce-back after the reopening of closed businesses, rehiring of the unemployed, and a rising stock market. Yet, the economy hasn’t been following the script envisaged for it by the politicians and experts, and even though some events have been accomplished, they aren’t as good as they sound. According to Rickards, these factors hasn’t been seen since the 1930s. “It’s worse than a technical recession, it’s a depression, and its effects will be felt for years, or even decades, to come,” he outlines.
Going forward, the economic growth is expected to be even worse than the weakest-ever growth of the 2009–2020 recovery, and projections signal that the U.S. will not regain 2019 output levels until at least 2022. The rebound subsequent to the 2009 crisis has only produced 2.2% growth, configuring an L-shaped recovery. The economic upturn was real, but, as the expert points out, the output gap between the former trend and the new trend was never closed. In other words, the American economy has suffered a loss of over $4 trillion based on the difference between the former strong trend and the new weaker trend. That lost wealth has dramatically repercussed on the economy back then. But now, evidences indicate that the outlook for restoring growth is even lower than the weak post-2009 recovery.
Moreover, the expert defends that the widespread business shutdowns to restrain the spread of the virus weren’t effective nor it was worth it to put the economic activity on hold when different measures with significantly less damaging side effects could have been taken. In his article, he reports that numerous top scientists agree that lockdowns don’t work. When it comes to the current infection’s inherent specifics, the virus would likely spread with or without a lockdown. It would have been more efficient if health security measures were issued from the beginning.
According to Jim Rickards, some procedures such as washing hands, keeping social distance, and wearing masks in crowded spaces make sense. But there isn’t any evidence that masks do any good at all when the wearer is alone, outdoors, or at a reasonable distance from others. He argues that we could have followed these basic rules and gotten 90% of the benefit of a lockdown at only 10% of the cost. Those who support lockdowns have ignored the costs of increased mental health disorders, domestic abuse, and upsurges in depression and anxiety resulted from a lack of social interaction.
If the population were provided with proper health education from the start, it would never be necessary to close every bar, restaurant, salon, boutique, and public space. That’s why he asserts that the world’s greatest economy was destroyed for no good reason.
We are primarily funded by readers. Please subscribe and donate to support us!


investmentwatchblog--2020-10-19--OMG: HOT MIC Catches Dianne Fienstein ADMITTING How She REALLY Feels about ABC!

Allan Miller from 100 % Fed Up reports , On Thursday Senator Feinstein was caught on hot mic again disparaging @ @ @ @ @ religion .
In September 2017 , Democrat Senator Dianne Feinstein led the attacks on Catholic @ @ @ @ @ “ the dogma lives loudly within you.
” Senator Dick Durbin from Illinois accused Judge @ @ @ @ @ Orthodox Catholic ” – a term used as a smear against observant Catholics .

Allan Miller from 100% Fed Up reports, On Thursday Senator Feinstein was caught on hot mic again disparaging Amy Coney Barrett’s religion. In September 2017, Democrat Senator Dianne Feinstein led the attacks on Catholic Judge Amy Barrett saying, “the dogma lives loudly within you.” Senator Dick Durbin from Illinois accused Judge Barrett of being an “Orthodox Catholic” – a term used as a smear against observant Catholics.
We are primarily funded by readers. Please subscribe and donate to support us!
Read More/Source/Credit/FairUse:
100percentfedup.com/must-watc…


investmentwatchblog--2020-10-19--Labor Market Reverses Recovery: It’s Now Getting Worse

We have been starting to see a stabilization in initial jobless claims which is a problem because they are still high .
The economy needs a fiscal stimulus and COVID-19 solutions to take the next step in the recovery .
The decline in continued claims is a mirage as people are moving off traditional benefits to pandemic and extended benefits .
The increase in PEUCs was actually larger than the decline in continued claims in this report .
These bad results signal the October jobs report will be weak .
Headline job creation will probably be helped by an improvement @ @ @ @ @ @ @ sector jobs added will probably fall sharply .
Because that report will come out so close to the election , it ’ s not going to encourage more stimulus .
Either a stimulus passes in October or we might need to wait until the end of the year during the lame duck period .
The Details Of The Report Specifically , initial claims in the week of October 3rd were revised up 5,000 to 845,000 .
In the week of October 10th , there were 898,000 initial claims which was above the consensus @ @ @ @ @ @ @ wasn ’ t updated even though they started accepting claims .
As we have been discussing for the past 2 weeks , there was an influx of claims because of the backlog created by not accepting any for 2 weeks .
We didn ’ t realize California wasn ’ t going to report results for 2-3 weeks until they normalize .
When we first discussed how California was keeping claims the same 3 weeks ago , we did it in the context of an improving labor market which meant claims were artificially kept @ @ @ @ @ @ @ ’ t updating us on the improvement .
Now the context is different as the labor market is reversing course .
Keeping claims where they are artificially suppresses the national total .
California is about 20 % of the country ’ s claims .
Non-seasonally adjusted initial claims were up from 809,000 to 886,000 which is the highest since the week ending August 1st .
That means claims are the highest since the $ 600 in federal help ended .
It turns out , people didn ’ t go back to work just @ @ @ @ @ @ @ Speaking of expiring , if nothing is done , the pandemic benefits will expire in December .
In all likelihood , something will get done .
The government wouldn ’ t let millions of people go without any income .
It ’ s pretty much a certainty that COVID-19 will be with us by December , so there is reason to support workers as they struggle to find jobs .
PUA initial claims fell 91,000 to 373,000 .
That ’ s why the total with NSA initial claims was down 1 % this @ @ @ @ @ @ @ PUAs and Arizona isn ’ t reporting PUAs .
Both states have had crazy high totals .
The high totals were wrong .
Just because the data is getting more accurate doesn ’ t mean the labor market is improving .
Continued claims are a misnomer because millions of people are running out of their normal 26 weeks of benefits because the recession started in March .
We will see a sharp decline in continued claims throughout October and into early November as these benefits continue to expire .
Specifically , in the @ @ @ @ @ @ @ 10.018 million continued claims which was down from 11.183 million .
As you can see from the chart below , in the past 4 reports if you add in extended benefits and pandemic benefits , continued claims have hardly fallen .
Shifting people from one form of benefits to another doesn ’ t mean the economy is getting better .
Furthermore , Georgia , Kentucky , Florida , and Hawaii aren ’ t reporting any PEUCs which means pandemic continued claims are even higher than the chart shows .
Even without those states @ @ @ @ @ @ @ PEUCs .
That ’ s greater than the decline in continued claims .
The labor market isn ’ t healing which makes sense because the areas that survived in this new economy have already brought back their workers .
The areas that don ’ t do well in the new economy , can ’ t bring their workers back .
Most rents are being paid , but there are still issues .
As you can see from the chart below , the percentage of rents paid increased 0.6 % in October compared to @ @ @ @ @ @ @ the declines in August and September from July were related to the decline in federal help with unemployment benefits .
The 2.4 % decline in rents paid compared to last year equates to 271,000 households .
Just because the percentage is small , doesn ’ t mean this isn ’ t a big deal .
We could easily see this reverse if another stimulus package passes .
You wouldn ’ t think that with the COVID-19 pandemic getting worse in the Midwest that the number of people flying would be increasing , but @ @ @ @ @ @ @ from the chart below , the 7 day average of TSA throughput in October hit 859,548 which is above the spike due to Labor Day .
It ’ s still below 2 million where it was in March , but any improvement helps .
You would think this will reverse course as COVID-19 cases increase , but we will see .
This is a speculator ’ s market again .
As we mentioned in a prior article , traders are using the same playbook that has worked for years and worked well this @ @ @ @ @ @ @ .
Few speculators are gone from August .
They just went into temporary hibernation .
As you can see from the chart below , this week the NAAIM exposure index rose from 73.05 to 102.93 which is about 3 and a half points below the peak in late August .
The labor market is getting worse which means the October labor report will be bad .
The economy needs a stimulus and a COVID-19 solution .
More people paid rent than last month , but it ’ s still down 271,000 from last @ @ @ @ @ @ @ despite the spike in cases in the Midwest .
Speculators are back in the market .
They don ’ t get scared by 10 % declines .
In fact , that correction made them more bullish .

by UPFINA
We have been starting to see a stabilization in initial jobless claims which is a problem because they are still high. The economy needs a fiscal stimulus and COVID-19 solutions to take the next step in the recovery. The decline in continued claims is a mirage as people are moving off traditional benefits to pandemic and extended benefits. The increase in PEUCs was actually larger than the decline in continued claims in this report.
These bad results signal the October jobs report will be weak. Headline job creation will probably be helped by an improvement in government jobs added, but private sector jobs added will probably fall sharply. Because that report will come out so close to the election, it’s not going to encourage more stimulus. Either a stimulus passes in October or we might need to wait until the end of the year during the lame duck period.
The Details Of The Report
Specifically, initial claims in the week of October 3rd were revised up 5,000 to 845,000. In the week of October 10th, there were 898,000 initial claims which was above the consensus of 825,000. California’s data wasn’t updated even though they started accepting claims. As we have been discussing for the past 2 weeks, there was an influx of claims because of the backlog created by not accepting any for 2 weeks. We didn’t realize California wasn’t going to report results for 2-3 weeks until they normalize.
When we first discussed how California was keeping claims the same 3 weeks ago, we did it in the context of an improving labor market which meant claims were artificially kept high by the state. California wasn’t updating us on the improvement. Now the context is different as the labor market is reversing course. Keeping claims where they are artificially suppresses the national total. California is about 20% of the country’s claims.
Non-seasonally adjusted initial claims were up from 809,000 to 886,000 which is the highest since the week ending August 1st. That means claims are the highest since the $600 in federal help ended. It turns out, people didn’t go back to work just because some of the benefits expired. Speaking of expiring, if nothing is done, the pandemic benefits will expire in December. In all likelihood, something will get done. The government wouldn’t let millions of people go without any income. It’s pretty much a certainty that COVID-19 will be with us by December, so there is reason to support workers as they struggle to find jobs.
Continued Claims Jam
PUA initial claims fell 91,000 to 373,000. That’s why the total with NSA initial claims was down 1% this week. However, California stopped reporting PUAs and Arizona isn’t reporting PUAs. Both states have had crazy high totals. The high totals were wrong. Just because the data is getting more accurate doesn’t mean the labor market is improving.
We are primarily funded by readers. Please subscribe and donate to support us!
Continued claims are a misnomer because millions of people are running out of their normal 26 weeks of benefits because the recession started in March. We will see a sharp decline in continued claims throughout October and into early November as these benefits continue to expire. Specifically, in the week of October 3rd, there were 10.018 million continued claims which was down from 11.183 million. As you can see from the chart below, in the past 4 reports if you add in extended benefits and pandemic benefits, continued claims have hardly fallen. Shifting people from one form of benefits to another doesn’t mean the economy is getting better.
An increasing number of unemplyed individuals have run through regular UI benefits and are versing in PUEC and extended benefits, leaving us with a concerning labor market picture (and PUEC expire on Dec 31st) pic.twitter.com/s1qoGBhIx8 — Gregory Daco (@GregDaco) October 15, 2020
Furthermore, Georgia, Kentucky, Florida, and Hawaii aren’t reporting any PEUCs which means pandemic continued claims are even higher than the chart shows. Even without those states, there was an 818,000 increase in PEUCs. That’s greater than the decline in continued claims. The labor market isn’t healing which makes sense because the areas that survived in this new economy have already brought back their workers. The areas that don’t do well in the new economy, can’t bring their workers back.
Fewer Rents Being Paid (Compared To 2019)
Most rents are being paid, but there are still issues. As you can see from the chart below, the percentage of rents paid increased 0.6% in October compared to September. It’s possible that the declines in August and September from July were related to the decline in federal help with unemployment benefits. The 2.4% decline in rents paid compared to last year equates to 271,000 households. Just because the percentage is small, doesn’t mean this isn’t a big deal. We could easily see this reverse if another stimulus package passes.
NMHC: Rent Payment Tracker Shows Households Paying Rent Declined in October t.co/vCOlxYila0 There has been some decline in households paying rent, but rent payments are not falling off a cliff. pic.twitter.com/7nnVtqz1U8 — Bill McBride (@calculatedrisk) October 15, 2020
More Air Travel?
You wouldn’t think that with the COVID-19 pandemic getting worse in the Midwest that the number of people flying would be increasing, but it is. As you can see from the chart below, the 7 day average of TSA throughput in October hit 859,548 which is above the spike due to Labor Day. It’s still below 2 million where it was in March, but any improvement helps. You would think this will reverse course as COVID-19 cases increase, but we will see.
Over the past 7 days nearly 860k people per day have gone through TSA at airports, the most during this recovery. pic.twitter.com/TNOKB3kVpm — Ryan Detrick, CMT (@RyanDetrick) October 15, 2020
Time For Euphoria Again
This is a speculator’s market again. As we mentioned in a prior article, traders are using the same playbook that has worked for years and worked well this spring. They are buying the dip. Few speculators are gone from August. They just went into temporary hibernation. As you can see from the chart below, this week the NAAIM exposure index rose from 73.05 to 102.93 which is about 3 and a half points below the peak in late August.
Been saying since Monday, past few weeks were an echo of August in terms of tech levitation, options-buying stampede. NAAIM pros chased it higher too. Doesn't mean we need more than another little shakeout, now underway. So far, stocks still in the benign/normal pullback zone. pic.twitter.com/JQYmNKbfJs — Michael Santoli (@michaelsantoli) October 15, 2020
Conclusion
The labor market is getting worse which means the October labor report will be bad. The economy needs a stimulus and a COVID-19 solution. More people paid rent than last month, but it’s still down 271,000 from last year. Flying has increased in October despite the spike in cases in the Midwest. Speculators are back in the market. They don’t get scared by 10% declines. In fact, that correction made them more bullish.


investmentwatchblog--2020-10-19--Citibank calls for a 60% jump in silver .. $40 within a year

Citibank calls for a 60 % jump in silver .. $ 40 within a year pic.twitter.com/H86j9FYvJm The IMF just called @ @ @ @ @ and meanwhile : This is the best set up for hard assets in history .
@ @ @ @ @ lead the way .
pic.twitter.com/cMoH7xDEyN

Citibank calls for a 60% jump in silver .. $40 within a year pic.twitter.com/H86j9FYvJm
Bizarrely opportunistic.
The IMF just called for new Brenton Woods moment and meanwhile:
Commodities to GDP ratio just reached a 60 year low!
This is the best set up for hard assets in history.
Monetary assets are poised to lead the way. pic.twitter.com/cMoH7xDEyN
— Otavio (Tavi) Costa (@TaviCosta) October 19, 2020


investmentwatchblog--2020-10-19--Something is out of place. There is a massive divergence between retail sales vs. coincident indicat

Something is out of place. There is a massive divergence between retail sales vs. coincident indicators.

Why aren ’ t we seeing a major turn in economic activity ?
pic.twitter.com/s82oYIDGBf If it 's all driven by @ @ @ @ @ a massive divergence between retail sales vs. coincident indicators .
Something is out of place @ @ @ @ @ a component of this retail sales index , the auto industry would be a great @ @ @ @ @ extremely behind in annual production due to the pandemic .
12-trailing months production just reached @ @ @ @ @ .
pic.twitter.com/J1I48nQFYD

Why aren’t we seeing a major turn in economic activity? pic.twitter.com/s82oYIDGBf
If it's all driven by fiscal stimulus….
There is a massive divergence between retail sales vs. coincident indicators.
Something is out of place.
While it's not a component of this retail sales index, the auto industry would be a great example.
Car makers are extremely behind in annual production due to the pandemic.
12-trailing months production just reached its lowest level in history. pic.twitter.com/J1I48nQFYD
— Otavio (Tavi) Costa (@TaviCosta) October 17, 2020


investmentwatchblog--2020-10-19--Unemployment in Iceland is currently worse than after the entire banking system collapsed in 2008. T

Unemployment in Iceland is currently worse than after the entire banking system collapsed in 2008 .
Tourism industry has stopped @ @ @ @ @

Unemployment in Iceland is currently worse than after the entire banking system collapsed in 2008. Tourism industry has stopped dead. @SoberLook pic.twitter.com/lQ4MugNFMx
— Adam Tooze (@adam_tooze) October 19, 2020


investmentwatchblog--2020-10-19--Bank of Canada Starts to Unwind Crisis Measures

On Thursday , the Bank of Canada announced it is terminating some of the market support programs put in place @ @ @ @ @ crisis in March .
The Bankers ’ Acceptance Purchase Facility ( BAPF ) and Canada @ @ @ @ @ CMBP ) are both being discontinued with the final operations coming the week of October @ @ @ @ @ the term repo operations are being cut to every other week ( from weekly ) @ @ @ @ @ tightened as well to include only C $ securities issued/guaranteed by the Government of Canada @ @ @ @ @ eligible for the Standing Liquidity Facility .
Own-name covered bonds , own-name Term ABS and @ @ @ @ @ be eligible .

On Thursday, the Bank of Canada announced it is terminating some of the market support programs put in place at the height of the crisis in March. The Bankers’ Acceptance Purchase Facility (BAPF) and Canada Mortgage Bond Purchase Program (CMBP) are both being discontinued with the final operations coming the week of October 26. In addition, the term repo operations are being cut to every other week (from weekly) and eligible collateral are being tightened as well to include only C$ securities issued/guaranteed by the Government of Canada, Canadian provinces and those eligible for the Standing Liquidity Facility. Own-name covered bonds, own-name Term ABS and own-name ABCP will no longer be eligible.


investmentwatchblog--2020-10-19--It seems everyone & their mother knows by now that central bank actions are juicing asset prices & w

It seems everyone & their mother knows by now that central bank actions are juicing asset prices & wealth inequality @ @ @ @ @ denying it is the Fed & their apologists .
Most bailout dollars go to the @ @ @ @ @ bottom languishes making it even worse .
Perverse .
t.co/PCCdm3gh8q

It seems everyone & their mother knows by now that central bank actions are juicing asset prices & wealth inequality.
The only people still denying it is the Fed & their apologists.
Most bailout dollars go to the top 1% while the bottom languishes making it even worse.
Perverse. t.co/PCCdm3gh8q
— Sven Henrich (@NorthmanTrader) October 19, 2020


investmentwatchblog--2020-10-19--Evidence of Biden Family Crimes (heavily media suppressed)

People under 40 yrs old have no clue , but @ RudyGiuliani single handily took down the largest organized crime @ @ @ @ @ Mafia .
Exposing the # BidenCrimeFamily is peanuts for Rudy .
Nothing on MSM yet @ @ @ @ @ Not a single comment about it , unbelievable .

People under 40 yrs old have no clue, but @RudyGiuliani single handily took down the largest organized crime syndicate in America – the Mafia.
Exposing the #BidenCrimeFamily is peanuts for Rudy.
Giuliani on @NYPost Biden Report: Q: Twitter called it a "distribution of hacked materials." The post says that you got info from store owner.@RudyGiuliani: "There's nothing hacked here … We have the entire hard drive. We've analyzed it now for about 2 weeks." (1/6) pic.twitter.com/tBscLNHeSa — Alex Salvi (@alexsalvinews) October 15, 2020
Nothing on MSM yet, this is crazy.
We are primarily funded by readers. Please subscribe and donate to support us!
Not a single comment about it, unbelievable.
h/t Patagonians


investmentwatchblog--2020-10-19--Covid has little to do with a bad virus, and everything to do with restructuring the financial syste

Covid has little to do with a bad virus, and everything to do with restructuring the financial system

The IMF is running its annual meetings in Andorra at the moment .
The director of the IMF said on Thursday last week : Now , what were the Bretton Woods agreements about ?
.
These were about setting up a new system under which gold was the basis for the U.S. dollar and other currencies were pegged to the U.S. dollar ’ s value .
The Bretton Woods Agreement also created two important organizations—the International Monetary Fund ( IMF ) and the World Bank .
What could a new Bretton Woods moment mean in this context ?
It means @ @ @ @ @ @ @ .
Under the new system , the USD is replaced by a digital currency .
A central bank-supported digital currency could replace the dollar as the global hedge currency , said Bank of England governor Mark Carney Fed Chair Jerome Powell noted he did not believe private sector involvement in the production of U.S. dollars would be trusted by the citizens .
“ I do think this is something that the central banks have to design , ” Powell said .
“ The private sector is not involved in creating the money supply @ @ @ @ @ @ @ bank does.
” As if it was not obvious , central banks don ’ t want a bitcoin/dogecoin/monero/pokemoncoin , etc… currency .
They want to fully control the new digital currency , like they control current fiat currencies .
Back to the IMF director ’ s speech , she states 3 imperatives moving forward : the first 2 are about economic policies , and the 3rd one is about climate change .
That 3rd one is surprising .
What does climate change has to do with the IMF and the definition of a @ @ @ @ @ @ @ very interesting article about how this all relates to bill gates ’ mass vaccination agenda .
Your new digital ID will then be matched with your new digital currency issued by your central bank .
They will have the absolute , uncontested right to decide whether you can have access to basic rights and services , or not .
It will only take a click on the mouse to deny your access to basic rights and services .
And you won ’ t know the reason .
It could be for wrong thinking @ @ @ @ @ @ @ political agenda to eliminate whichever community they decided they need to eliminate .
We have seen plenty of evidence this year about the strong political bias that big social media platforms have .
Now , with the constant monitoring and analyzing of our data , they can easily tell what are our political opinions .
And therefore have your access to basic rights and services denied with a click , if you have the ‘ wrong ’ political opinions .
And I don ’ t see why they would not do that .
@ @ @ @ @ @ @ could end up in a situation where you have to choose between being allowed to eat , or vote for the candidate you don ’ t like , but that the system endorses .
It ’ s literally the end of democracy , and freedom , and there is no going back once we have switched to this new system .
All the above is not even a conspiracy .
It ’ s merely about connecting the dots , and understanding the implications .
edit : here is a video of Accenture , @ @ @ @ @ @ @ , explaining about the digital dollar I think covid was a catalyst to bring all these changes .
Who else than the international financial system has the ability to have all countries on the planet to comply with such severe restriction rules that send their respective economies and societies down the toilet ?

by TechnicalBody
The IMF is running its annual meetings in Andorra at the moment.
The director of the IMF said on Thursday last week :
> Today we face a new Bretton Woods “moment.”
Now, what were the Bretton Woods agreements about ?. These were about setting up a new system under which gold was the basis for the U.S. dollar and other currencies were pegged to the U.S. dollar’s value. The Bretton Woods Agreement also created two important organizations—the International Monetary Fund (IMF) and the World Bank.
What could a new Bretton Woods moment mean in this context ? It means they are restructuring the current monetary system. Under the new system, the USD is replaced by a digital currency.
A central bank-supported digital currency could replace the dollar as the global hedge currency, said Bank of England governor Mark Carney
Carney highlighted the dollar’s use in international securities issuance, its use as the primary settlement currency for international trades and the fact that companies use dollars as examples of its dominance. However, “developments in the U.S. economy, by affecting the dollar exchange rate, can have large spillover effects to the rest of the world.”
Fed Chair Jerome Powell noted he did not believe private sector involvement in the production of U.S. dollars would be trusted by the citizens. “I do think this is something that the central banks have to design,” Powell said. “The private sector is not involved in creating the money supply, that’s something the central bank does.”
We are primarily funded by readers. Please subscribe and donate to support us!
As if it was not obvious, central banks don’t want a bitcoin/dogecoin/monero/pokemoncoin, etc… currency. They want to fully control the new digital currency, like they control current fiat currencies.
Back to the IMF director’s speech, she states 3 imperatives moving forward : the first 2 are about economic policies, and the 3rd one is about climate change.
Just as the pandemic has shown that we can no longer ignore health precautions, we can no longer afford to ignore climate change—my third imperative.
That 3rd one is surprising. What does climate change has to do with the IMF and the definition of a new monetary system ?
Here is a very interesting article about how this all relates to bill gates’ mass vaccination agenda.
In an article published by ID2020 in 2018, vaccines are the perfect way to introduce digital identity to the world – especially infants. This identity would also be used to grant access to basic rights and services.
Your new digital ID will then be matched with your new digital currency issued by your central bank. They will have the absolute, uncontested right to decide whether you can have access to basic rights and services, or not. It will only take a click on the mouse to deny your access to basic rights and services. And you won’t know the reason. It could be for wrong thinking, it could be to pursue another political agenda to eliminate whichever community they decided they need to eliminate. We have seen plenty of evidence this year about the strong political bias that big social media platforms have. Now, with the constant monitoring and analyzing of our data, they can easily tell what are our political opinions. And therefore have your access to basic rights and services denied with a click, if you have the ‘wrong’ political opinions. And I don’t see why they would not do that. In a very close future, you could end up in a situation where you have to choose between being allowed to eat, or vote for the candidate you don’t like, but that the system endorses. It’s literally the end of democracy, and freedom, and there is no going back once we have switched to this new system.
All the above is not even a conspiracy. It’s merely about connecting the dots, and understanding the implications.
edit: here is a video of Accenture, one of the founding partners of id2020, explaining about the digital dollar
I think covid was a catalyst to bring all these changes. Who else than the international financial system has the ability to have all countries on the planet to comply with such severe restriction rules that send their respective economies and societies down the toilet ?