investmentwatchblog--2020-09-29--From $330 million to $9 million – German Hedge Fund Allianz YOLOs the NYC subway pension fund

After Allianz was forced to liquidate that fund in late March , the MTA pension funds were left with just about $ 9 million — an investment value loss of than 97 percent in a single quarter , the complaint alleges .
As a result , its Structured Alpha 1000 fund — where MTA pensions had an account balance of more than $ 330 million at the end of last year — dropped nearly 87 percent for the year by mid-March , according to the suit .
Allianz increased risky investment positions in its Structured Alpha family of funds instead @ @ @ @ @ @ @ and imprudent bet ” that “ proved to be disastrous ” as stocks continued to plunge , the complaint says .
The recent market downturn Restructuring had historically been relatively limited as a percentage of total Portfolio positions .
However , as equity markets declined and volatility increased into March 2020 , per the strategy ’ s design , the portfolio managers implemented multiple rounds of restructuring trades .
For example , as markets declined the Portfolio Management team replaced near-to-the-money short S & P 500 puts and short NASDAQ puts with new @ @ @ @ @ @ @ from then-current market levels .
While re-establishing alpha-generating positions at lower strike prices , this resulted in realized losses on the near-to-the-money short puts .
Similarly , the portfolio managers replaced short-term short VIX calls with new longer-term short VIX calls at more distant strike prices .
An analogous process occurred for short VXX calls .
In some instances , this restructuring was repeated on subsequent days on legacy positions and on positions that represented the new restructured legs .
Despite these steps , the Portfolio ultimately could not be restructured quickly enough @ @ @ @ @ @ @ , resulting in additional losses .
The below graphic provides an example of the restructuring efforts in the Portfolio for a set of SPX short put options expiring on March 20 , 2020 that were held by the Structured Alpha 1000 fund .
During the eleven trading days between March 2 and March 16 , there were at least four instances of restructuring of these short put positions to lower risk by both reducing the strike prices of the put options and by decreasing the number of positions held .
Nevertheless , although @ @ @ @ @ @ @ in this period , the market ultimately continued to decline through these lower strike prices , causing losses to the Structured Alpha 1000 fund .

by Schrodingersdawg
MTA pensions ‘decimated’ by COVID-19 market crash, lawsuit says
After Allianz was forced to liquidate that fund in late March, the MTA pension funds were left with just about $9 million — an investment value loss of than 97 percent in a single quarter, the complaint alleges.
As a result, its Structured Alpha 1000 fund — where MTA pensions had an account balance of more than $330 million at the end of last year — dropped nearly 87 percent for the year by mid-March, according to the suit.
Allianz increased risky investment positions in its Structured Alpha family of funds instead of exiting them — a “negligent and imprudent bet” that “proved to be disastrous” as stocks continued to plunge, the complaint says.
Allianz on their losses:
The recent market downturn Restructuring had historically been relatively limited as a percentage of total Portfolio positions. However, as equity markets declined and volatility increased into March 2020, per the strategy’s design, the portfolio managers implemented multiple rounds of restructuring trades. For example, as markets declined the Portfolio Management team replaced near-to-the-money short S&P 500 puts and short NASDAQ puts with new short puts struck at prices further away from then-current market levels. While re-establishing alpha-generating positions at lower strike prices, this resulted in realized losses on the near-to-the-money short puts.
Similarly, the portfolio managers replaced short-term short VIX calls with new longer-term short VIX calls at more distant strike prices. An analogous process occurred for short VXX calls. In some instances, this restructuring was repeated on subsequent days on legacy positions and on positions that represented the new restructured legs. Despite these steps, the Portfolio ultimately could not be restructured quickly enough to keep pace with the market decline, resulting in additional losses.
The below graphic provides an example of the restructuring efforts in the Portfolio for a set of SPX short put options expiring on March 20, 2020 that were held by the Structured Alpha 1000 fund. During the eleven trading days between March 2 and March 16, there were at least four instances of restructuring of these short put positions to lower risk by both reducing the strike prices of the put options and by decreasing the number of positions held. Nevertheless, although the market was up on certain days in this period, the market ultimately continued to decline through these lower strike prices, causing losses to the Structured Alpha 1000 fund.


investmentwatchblog--2020-09-29--U.S. Retail Bankruptcies, Store Closures Hit Record in First Half… WSJ: Manhattan Offices Are Nearly

U.S. Retail Bankruptcies, Store Closures Hit Record in First Half… WSJ: Manhattan Offices Are Nearly Empty, Threatening New York City’s Recovery

U.S. Retail Bankruptcies , Store Closures Hit Record in First Half Retail bankruptcies , liquidations and store closings in the U.S. reached records in the first half of 2020 as the Covid-19 pandemic accelerated industry changes , particularly the shift to online shopping , according to a report .
In the first six months , 18 retailers filed for chapter 11 protection , mostly concentrated in apparel and footwear , home furnishings , grocery and department stores , according to the report by professional-services firm BDO USA LLP .
They include department-store operators Neiman Marcus Group Ltd. , J.C. Penney @ @ @ @ @ @ @ retailers Pier 1 Imports Inc. and Tuesday Morning Corp. and vitamin seller GNC Holdings Inc. From July through mid-August , 11 more retailers filed , including apparel retailers Lucky Brand Dungarees LLC , Brooks Brothers Inc. , Ann Taylor parent Ascena Retail Group Inc. , Stein Mart Inc. , and Men ’ s Wearhouse and Jos .
A .
Bank parent Tailored Brands Inc .
This year is on pace to rival 2010 , when 48 retailers filed for bankruptcy in the wake of the 2007-09 recession , BDO said .
Retail bankruptcies @ @ @ @ @ @ @ such filings recorded last year .
“ This is almost certainly the worst year in recent history for retail , ” said Kyle Sturgeon , a managing partner at Atlanta-based turnaround advisory firm Meru LLC .
Manhattan Offices Are Nearly Empty , Threatening New York City ’ s Recovery : WSJ Manhattan office employees are returning to work at a slower pace than those in most other major U.S. cities , raising the risk that New York faces a more protracted and painful recovery from the coronavirus pandemic than much of the rest @ @ @ @

U.S. Retail Bankruptcies, Store Closures Hit Record in First Half
Retail bankruptcies, liquidations and store closings in the U.S. reached records in the first half of 2020 as the Covid-19 pandemic accelerated industry changes, particularly the shift to online shopping, according to a report.
In the first six months, 18 retailers filed for chapter 11 protection, mostly concentrated in apparel and footwear, home furnishings, grocery and department stores, according to the report by professional-services firm BDO USA LLP. They include department-store operators Neiman Marcus Group Ltd., J.C. Penney Co. and Stage Stores Inc., home-goods retailers Pier 1 Imports Inc. and Tuesday Morning Corp. and vitamin seller GNC Holdings Inc.
From July through mid-August, 11 more retailers filed, including apparel retailers Lucky Brand Dungarees LLC, Brooks Brothers Inc., Ann Taylor parent Ascena Retail Group Inc., Stein Mart Inc., and Men’s Wearhouse and Jos. A. Bank parent Tailored Brands Inc.
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This year is on pace to rival 2010, when 48 retailers filed for bankruptcy in the wake of the 2007-09 recession, BDO said. Retail bankruptcies in 2020 have already surpassed the 22 such filings recorded last year.
“This is almost certainly the worst year in recent history for retail,” said Kyle Sturgeon, a managing partner at Atlanta-based turnaround advisory firm Meru LLC.
Manhattan Offices Are Nearly Empty, Threatening New York City’s Recovery: WSJ
Manhattan office employees are returning to work at a slower pace than those in most other major U.S. cities, raising the risk that New York faces a more protracted and painful recovery from the coronavirus pandemic than much of the rest of the country.
A resurgence of Covid-19 cases is threatening the economic recovery t.co/D6nI2wyLoC — Bloomberg Graphics (@BBGVisualData) September 29, 2020
Covid by continents pic.twitter.com/UufEPB1ey8 — Win Smart, CFA (@WinfieldSmart) September 29, 2020


investmentwatchblog--2020-09-29--6 Ways to Overcome Bad Credit and Apply for Loans

There are many reasons why an otherwise upstanding and responsible citizen could have credit problems .
Life doesn ’ t always go the way we think ; anything from business cash flow problems to investments gone wrong , divorces , and injuries can rapidly sink someone into an unexpected financial draught .
It ’ s important to remember that while bad credit history can certainly make things difficult , it ’ s by no means the end of the road .
In addition to working to improve your credit score – making credit card payments , repaying debts , etc @ @ @ @ @ @ @ take to defray the impact of bad credit .
Especially if you ’ re looking to take out a loan , it ’ s critical that you come up with a game plan for how to work around bad credit .
A solid employment record is very important in overcoming bad credit history and qualifying for loans .
Showing that you ’ re a consistent worker with a steady history of good employment can make the difference in convincing lenders and banks to accept you as a loan recipient .
Job stability is @ @ @ @ @ @ @ loans that can stabilize you through rough times .
Quick Loans offers a new mobile app and portal called Leap Credit , which makes the process of applying for installment loans simple and secure .
Leverage the value of your other assets There are many types of financial assets besides liquid cash flow that count as powerful forms of collateral .
Life insurance policies , 401k ’ s , home or property ownership , bonds , stocks , and many more can all be leveraged to show that an individual has enough financial @ @ @ @ @ @ @ investments .
If you ’ re applying for a loan or credit application , it is highly recommended that you list such assets .
You can even mention valuable household items or other belongings like boats and paintings .
Make a larger down payment on any loans or payments One of the best ways to get a good loan is to make a large down payment right at the beginning to show you ’ re serious .
Not only does this send a signal to the lender that you ’ re reliable , @ @ @ @ @ @ @ your monthly payments down the road .
Additionally , a large down payment can also improve your interest rates .
The more you can show lenders that you ’ re cash-friendly and not desperate , the more amenable they will be to lending .
Pay off debts or consolidate debt into one payment One of the most common ways to defray the negative effects of bad credit is to consolidate multiple debts into one .
Debt consolidation options are all over the place and not necessarily right for everyone .
If possible , @ @ @ @ @ @ @ debts – especially any high-interest debts , such as credit cards – when at all possible .
But debt consolidation can work if you have a clear strategy and timeline for how to pay your debt down .
Having unpaid debts hurts your credit score , but so does having an exorbitant number of credit lines open .
Even if you have a low credit balance , if that debt is spread over half a dozen or more credit cards or accounts , this reflects badly on your overall credit .
To lenders @ @ @ @ @ @ @ of irresponsibility and poor planning .
This is another reason why credit consolidation can be helpful but , in general , it ’ s better to have fewer big outstanding accounts than a great number of small debts .
It can be tough to wait to hear back from a lender before applying for another , but it ’ s better to minimize the number of loan applications you make .
The reality is that every time you submit a loan application , it shows up on your credit history .
Having several @ @ @ @ @ @ @ of time sends a signal to lenders that you are panicky and desperate , which at least on paper makes you seem to be a risky investment .
Disclaimer : This content does not necessarily represent the views of IWB .

There are many reasons why an otherwise upstanding and responsible citizen could have credit problems. Life doesn’t always go the way we think; anything from business cash flow problems to investments gone wrong, divorces, and injuries can rapidly sink someone into an unexpected financial draught.
It’s important to remember that while bad credit history can certainly make things difficult, it’s by no means the end of the road. In addition to working to improve your credit score – making credit card payments, repaying debts, etc. – there are actions you can take to defray the impact of bad credit.
Especially if you’re looking to take out a loan, it’s critical that you come up with a game plan for how to work around bad credit.
Demonstrate job stability
A solid employment record is very important in overcoming bad credit history and qualifying for loans. Showing that you’re a consistent worker with a steady history of good employment can make the difference in convincing lenders and banks to accept you as a loan recipient.
Job stability is also key in acquiring payday and installment loans that can stabilize you through rough times. Quick Loans offers a new mobile app and portal called Leap Credit, which makes the process of applying for installment loans simple and secure.
Leverage the value of your other assets
There are many types of financial assets besides liquid cash flow that count as powerful forms of collateral. Life insurance policies, 401k’s, home or property ownership, bonds, stocks, and many more can all be leveraged to show that an individual has enough financial value to entrust them with loans or investments.
If you’re applying for a loan or credit application, it is highly recommended that you list such assets. You can even mention valuable household items or other belongings like boats and paintings.
Make a larger down payment on any loans or payments
We are primarily funded by readers. Please subscribe and donate to support us!
One of the best ways to get a good loan is to make a large down payment right at the beginning to show you’re serious. Not only does this send a signal to the lender that you’re reliable, but this larger payment will also reduce your monthly payments down the road.
Additionally, a large down payment can also improve your interest rates. The more you can show lenders that you’re cash-friendly and not desperate, the more amenable they will be to lending.
Pay off debts or consolidate debt into one payment
One of the most common ways to defray the negative effects of bad credit is to consolidate multiple debts into one. Debt consolidation options are all over the place and not necessarily right for everyone. If possible, you should try to pay off any debts – especially any high-interest debts, such as credit cards – when at all possible. But debt consolidation can work if you have a clear strategy and timeline for how to pay your debt down.
Get a better credit ratio
Having unpaid debts hurts your credit score, but so does having an exorbitant number of credit lines open. Even if you have a low credit balance, if that debt is spread over half a dozen or more credit cards or accounts, this reflects badly on your overall credit. To lenders and creditors, this is a mark of irresponsibility and poor planning.
This is another reason why credit consolidation can be helpful but, in general, it’s better to have fewer big outstanding accounts than a great number of small debts.
Avoid making multiple loan applications
It can be tough to wait to hear back from a lender before applying for another, but it’s better to minimize the number of loan applications you make. The reality is that every time you submit a loan application, it shows up on your credit history. Having several of these applications in a short period of time sends a signal to lenders that you are panicky and desperate, which at least on paper makes you seem to be a risky investment.
Disclaimer: This content does not necessarily represent the views of IWB.


investmentwatchblog--2020-09-29--“Politics is a game, a joke, a hustle, a con…”

Watch the whole show here : t.co/1eVMln7KC4 pic.twitter.com/uc9AO1UW8e

"Politics is a game, a joke, a hustle, a con…"
Watch the whole show here: t.co/1eVMln7KC4 pic.twitter.com/uc9AO1UW8e
— Ron Paul (@RonPaul) September 29, 2020


investmentwatchblog--2020-09-29--General Flynn’s case DISMISSAL hearing livestream

Today we ’ ll get to find out what happens to General Flynn after his dismissal hearing .
( 11 AM EST ) Following the recently declassified documents showing the RussiaGate hoax and the Hunter Biden report outlining a connection to Russia , Flynn ’ s lawyer ’ s attempting to have his case dismissed so he can finally be free .
The 29th of September marks Saint Michael ’ s Day and Q also gave a hint a few days ago that his case was likely to be dismissed .
Let ’ s keep our eyes open because something @ @ @ @ @ @ @ Let ’ s not forget how much he can reveal once he ’ s able to .
# FLYNN First 30 mins : Judge Sullivan summarizes arguments for/against DOJ dismissal + warns scope of hearing will be limited + will invite input parties .
Sullivan emphasizing repeating twice that Rule 48 A not meant to be court ’ s “ rubber stamp ” for prosecutorial decision Here is Rule 48 ( a ) READ : “ The government may , with leave of court , dismiss an indictment , information , or complaint @ @ @ @ @ @ @ prosecution during trial without the defendant ’ s consent.
” @ CBSNews

Today we’ll get to find out what happens to General Flynn after his dismissal hearing. (11 AM EST)
Following the recently declassified documents showing the RussiaGate hoax and the Hunter Biden report outlining a connection to Russia, Flynn’s lawyer’s attempting to have his case dismissed so he can finally be free.
The 29th of September marks Saint Michael’s Day and Q also gave a hint a few days ago that his case was likely to be dismissed.
Let’s keep our eyes open because something huge might be about to happen. Let’s not forget how much he can reveal once he’s able to.
We are primarily funded by readers. Please subscribe and donate to support us!
#FLYNN First 30 mins: Judge Sullivan summarizes arguments for/against DOJ dismissal + warns scope of hearing will be limited + will invite input parties. Sullivan emphasizing repeating twice that Rule 48 A not meant to be court’s “rubber stamp” for prosecutorial decision
Here is Rule 48(a) READ: “The government may, with leave of court, dismiss an indictment, information, or complaint. The government may not dismiss the prosecution during trial without the defendant’s consent.” @CBSNews
#FLYNN First 30 mins: Judge Sullivan summarizes arguments for/against DOJ dismissal + warns scope of hearing will be limited + will invite input parties. Sullivan emphasizing — repeating twice — that Rule 48 A not meant to be court's "rubber stamp" for prosecutorial decision — Catherine Herridge (@CBS_Herridge) September 29, 2020
AC


investmentwatchblog--2020-09-29--Central Banks Become Guardians of the Galaxy

The central banks have been digging deeper and deeper into their monetary toolboxes in a vain hope of cushioning the COVID-19-induced shock , which has been orchestrated by this global effort to CRUSH the economy and redesign it in their image of a fossil-free world .
The fake pandemic aside , the notion that the banks were already beyond hope since the ECB lowered rates to NEGATIVE back in 2014 and Keynesian Economics has failed .
What has emerged is that the central banks have accelerated their transformation of monetary policy , which was once focused on defending and controlling @ @ @ @ @ @ @ Galaxy ” combating inequality , climate change , inflation , and anything else they can think of .
This decreases the possibility of ever returning to the existence of central banks pre-2007 .
For the first time in post-1916 history , the US Federal Reserve has bought a wide variety of corporate debt issued by blue-chip borrowers such as Apple Inc. , as well as junk bonds from riskier companies .
As I have stated before , when the Fed was originally designed , its elastic money creation made sense because they bought @ @ @ @ @ @ @ compared to government debt which never ends .
The Bank of Japan has been what some call the petri dish for central banking since after more than two decades of expanding the money supply with no inflation , this has added to the rise of Modern Monetary Theory where these people assume that they can print money with no end and no inflation .
The central banks have lost control of the economy and the markets .
There is no return to normal – they have now become the Guardians of the Galaxy @

by Martin Armstrong
The central banks have been digging deeper and deeper into their monetary toolboxes in a vain hope of cushioning the COVID-19-induced shock, which has been orchestrated by this global effort to CRUSH the economy and redesign it in their image of a fossil-free world. The fake pandemic aside, the notion that the banks were already beyond hope since the ECB lowered rates to NEGATIVE back in 2014 and Keynesian Economics has failed. What has emerged is that the central banks have accelerated their transformation of monetary policy, which was once focused on defending and controlling inflation, into “Guardians of the Galaxy” combating inequality, climate change, inflation, and anything else they can think of. This decreases the possibility of ever returning to the existence of central banks pre-2007.
We are primarily funded by readers. Please subscribe and donate to support us!
For the first time in post-1916 history, the US Federal Reserve has bought a wide variety of corporate debt issued by blue-chip borrowers such as Apple Inc., as well as junk bonds from riskier companies. As I have stated before, when the Fed was originally designed, its elastic money creation made sense because they bought private debt, which is paid off compared to government debt which never ends. The Bank of Japan has been what some call the petri dish for central banking since after more than two decades of expanding the money supply with no inflation, this has added to the rise of Modern Monetary Theory where these people assume that they can print money with no end and no inflation.
The central banks have lost control of the economy and the markets. There is no return to normal – they have now become the Guardians of the Galaxy.


investmentwatchblog--2020-09-29--Biden’s False Claims About his Past – Are they Lies or Fantasies?

The real question with Biden is we no longer know if he is lying or fantasizing about his past .
@ @ @ @ @ attending historically black Delaware State has been refuted by the university itself .
Biden declared @ @ @ @ @ his academic career at Delaware State University , which is a historically black college .
@ @ @ @ @ says sorry — no way .
The Democrats seem to need someone to be president @ @ @ @ @ and to surrender sovereignty on climate to the United Nations .
They even proposed to @ @ @ @ @ the IMF to fund this globalist agenda .
It just seems that any real president @ @ @ @ @ a thing regardless of their party .
It is just becoming increasingly suspicious as to @ @ @ @ @ forward a man who might not be all there ?

by Martin Armstrong
We are primarily funded by readers. Please subscribe and donate to support us!
The real question with Biden is we no longer know if he is lying or fantasizing about his past. Biden’s claim about attending historically black Delaware State has been refuted by the university itself. Biden declared last year that he began his academic career at Delaware State University, which is a historically black college. But the university flat outright says sorry — no way. The Democrats seem to need someone to be president to push their globalist agenda and to surrender sovereignty on climate to the United Nations. They even proposed to hand $3 trillion to the IMF to fund this globalist agenda. It just seems that any real president would never agree to such a thing regardless of their party. It is just becoming increasingly suspicious as to why the Democrats would put forward a man who might not be all there?


investmentwatchblog--2020-09-29--The Trump Administration Has Created a “Once in a Lifetime” Opportunity For Resources Investors

Yesterday I outlined how President Trump has invoked the Defense Production Act of 1953 to designate the domestic production of rare earth elements as a matter of national security .
For those of us paying attention , this signaled the start to one of the greatest investment opportunities of all time .
With this act , President Trump signaled that going forward the Trump administration will be expediting the domestic production of any resource deemed to be critical to the U.S. ’ s national security .
And why wouldn ’ t it ?
If the COVID-19 pandemic has revealed anything @ @ @ @ @ @ @ is entirely too beholden to China for countless goods and resources .
Consider the following… China currently produces for : 2 ) 80 % of all U.S. antibiotics .
You get the general idea .
I believe that as President Trump secures his second term , he will begin aggressively pushing for the U.S. to begin domestic production of every natural resource you can imagine , particularly those of strategic import .
I ’ m talking about things like cobalt , rhodium , manganese , titanium and more .
Indeed , this process @ @ @ @ @ @ @ has begun fast-tracking the granting of permits to explore for what it calls “ critical minerals ” or minerals deemed vital to national security .
This comes on the heels of a report that the U.S. relies on China for 20 out of the 23 minerals on the list in 2017 .
The Trump administration has since expanded the list of critical minerals to 35 , including uranium .
This is the single biggest development in the markets in decades .
Entire industries that have been left for dead will begin to come @ @ @ @ @ @ @ ’ worth of capital begins to flow into these sectors .
On that note , I recent posted a new special report titled The MAGA Portfolio : Five Investments That Will Make Fortunes During Trump ’ s Second Term .
In it , I detail the five unique investments that should produce the most extraordinary gains during President Trump ’ s second term .
Each one of these picks is in a unique position to profit from the combination of Trump economic reforms and Fed monetary easing , combining high growth opportunities with @ @ @ @ @ @ @ 99 copies available for FREE the general public .
You can pick up a FREE copy at :

Yesterday I outlined how President Trump has invoked the Defense Production Act of 1953 to designate the domestic production of rare earth elements as a matter of national security.
For those of us paying attention, this signaled the start to one of the greatest investment opportunities of all time. With this act, President Trump signaled that going forward the Trump administration will be expediting the domestic production of any resource deemed to be critical to the U.S.’s national security.
And why wouldn’t it? If the COVID-19 pandemic has revealed anything, it’s that the U.S. is entirely too beholden to China for countless goods and resources.
Consider the following… China currently produces for:
1) 90% of all rare earth elements.
2) 80% of all U.S. antibiotics.
3) 78% of U.S. apple juice.
4) 97% of electric toasters.
5) 97% of thermoses.
6) 95% of baby carriages.
You get the general idea.
I believe that as President Trump secures his second term, he will begin aggressively pushing for the U.S. to begin domestic production of every natural resource you can imagine, particularly those of strategic import.
I’m talking about things like cobalt, rhodium, manganese, titanium and more.
We are primarily funded by readers. Please subscribe and donate to support us!
Indeed, this process is already underway.
The Trump administration has begun fast-tracking the granting of permits to explore for what it calls “critical minerals” or minerals deemed vital to national security.
This comes on the heels of a report that the U.S. relies on China for 20 out of the 23 minerals on the list in 2017. The Trump administration has since expanded the list of critical minerals to 35, including uranium.
This is the single biggest development in the markets in decades. Entire industries that have been left for dead will begin to come back to life as TRILLIONS of dollars’ worth of capital begins to flow into these sectors.
On that note, I recent posted a new special report titled The MAGA Portfolio: Five Investments That Will Make Fortunes During Trump’s Second Term.
In it, I detail the five unique investments that should produce the most extraordinary gains during President Trump’s second term.
Each one of these picks is in a unique position to profit from the combination of Trump economic reforms and Fed monetary easing, combining high growth opportunities with extreme profitability.
We are making just 99 copies available for FREE the general public.
You can pick up a FREE copy at:
phoenixcapitalmarketing.com/MAGA.html
Graham Summers
Chief Market Strategist
Phoenix Capital Research


investmentwatchblog--2020-09-29--College Edition: Another example of a screaming, TDS-infected libtard

What is it with leftists and their inability to properly express their emotions , other than screaming like demons ?
@ @ @ @ @ A woman screams because of a Trump sign being waved on campus .
I pity @ @ @ @ @ ) that has to deal with this womyn .

by DCG
What is it with leftists and their inability to properly express their emotions, other than screaming like demons?
Another example of TDS: A woman screams because of a Trump sign being waved on campus.
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Trump Derangement Syndrome. pic.twitter.com/FKvU5D3rHQ — Ian Miles Cheong (@stillgray) September 28, 2020
I pity the man (or employer) that has to deal with this womyn.
DCG


investmentwatchblog--2020-09-29--Study shows Happy Birthday song spreads COVID19

news.yahoo.com/singing-happy-birthday-spread-covid-190258091.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cucmVkZGl0LmNvbS9yL2NvbnNwaXJhY3kvY29tbWVudHMvajFndzBmL3N0dWR5X3Nob3dzX2hhcHB5X2JpcnRoZGF5X3Nvbmdfc3ByZWFkc19jb3ZpZDE5Lw&guce_referrer_sig=AQAAADZA_bxZobxihZjcmxrXpsZUPvWVsgoNWLIwpBoneI6b6nOib2AtFTWxQsAlAHoJZ2kJRBUVpYeAU8_b0R-HXBQDuSO67vAh3694gFM1HCzH9c3E0yIGW59QX6T-uXjpszwENWVKCxTbB6EV1U8qRXlCTeTv5-sa2ozWtoOpfbEp
Related:
Why Speaking English May Spread More Coronavirus Than Other Languages
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covid19data.com/2020/09/08/why-speaking-english-may-spread-more-coronavirus-than-other-languages/
h/t Livelikethelotus


investmentwatchblog--2020-09-29--Taiwan: China is getting ready for “real combat” — Chinese state media

PLA conducts recon on both sides of Taiwan to gather intel for real combat : experts – Global Times t.co/mdKT3vwCqG

China's mouthpiece…
PLA conducts recon on both sides of Taiwan to gather intel for real combat: experts – Global Times t.co/mdKT3vwCqG
— EndGameWW3 (@EndGameWW3) September 28, 2020


investmentwatchblog--2020-09-29--Rachael Maddow released a tax return of his showing President Trump paid 38 million in taxes… He has

Rachael Maddow released a tax return of his showing President Trump paid 38 million in taxes… He has paid more in 2005 taxes than Joe Biden has ever honestly earned.

Tim Pool has an excellent video on this

Tim Pool has an excellent video on this
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investmentwatchblog--2020-09-29--CASH FOR BALLOTS: William Barr opens an official probe of vote harvesting based on multiple videos a

CASH FOR BALLOTS: William Barr opens an official probe of vote harvesting based on multiple videos and evidence

NEVER SEEN BEFORE : Cash-For-Ballot EXCHANGE caught on camera # CashForBallots pic.twitter.com/DCSLfjHeD6 BREAKING : Retired Houston Police Captain & Retired @ @ @ @ @ A MASSIVE # DERMOCAT Run Ballot Harvesting Scheme In Harris County ( Houston ) # @ @ @ @ @ 700,000 Ballots May Be Illegaly Harvested .
This could Change WHOLE ELECTION !
t.co/1xcun9pJWV

NEVER SEEN BEFORE: Cash-For-Ballot EXCHANGE caught on camera #CashForBallots pic.twitter.com/DCSLfjHeD6
BREAKING: Retired Houston Police Captain & Retired Undercover FBI Agent Have Uncovered A MASSIVE #DERMOCAT Run Ballot Harvesting Scheme In Harris County (Houston) #TX!
As Many As 700,000 Ballots May Be Illegaly Harvested.
This could Change WHOLE ELECTION! t.co/1xcun9pJWV
— John Basham 🇺🇲 (@JohnBasham) September 28, 2020


investmentwatchblog--2020-09-29--If the US Adopts Eurozone Policies, the Jobs Recovery Will Suffer

The employment recovery in the United States is as impressive as the collapse due to the lockdowns .
In April I wrote a column stating that “ The U.S. Labor Market Can Heal Quickly , ” and the improvement has been positive .
Very few would have expected the unemployment rate to be at 8.4 percent in August after soaring to almost 15 percent in the middle of the pandemic .
This means that the unemployment rate is in August 2020 lower than what analysts projected for the end of 2020 .
Even the measure of underemployment ( U-6 ) @ @ @ @ @ @ @ percent .
In August , the number of persons who usually work full time rose by 2.8 million to 122.4 million , or 10 million below the level of August 2019 , and the number of persons not in the labor force who currently want a job declined by 747,000 to 7 million , which is still 2 million higher than in February .
This means both incredibly positive news and that there is a lot left to do .
Few would have expected full-time employment to be that close to last year @ @ @ @ @ @ @ the reopening , the US has recovered almost 11 million jobs , continuing jobless claims have fallen rapidly , from 25 million to 13.25 million , and full-time employment is rising strongly , while the Atlanta Fed median wage growth tracker remains at 3.9 percent for 2020 .
It is true that the good August jobs data includes part-time workers hired for census activity , but the truth is that those accounted for less than one out of every six new jobs created .
Even acknowledging that there is a lot of work @ @ @ @ @ @ @ of employment of February 2020 , at this rate the United States would be able to return to all-time high levels of employment by the first quarter of 2021 instead of 2023 , as the Federal Reserve estimates .
We must remember that the tendency of the Federal Reserve in estimating unemployment has been to err on the side of pessimism , particularly in the past three years .
What the United States needs to do to recover jobs and return to real wage growth and the path to full employment is both @ @ @ @ @ @ @ needs to cut red tape and bureaucratic burdens to new business creation , lift regulatory and fiscal burdens that prevent small and medium enterprises from growing into large companies , and maintain an attractive tax system that incentivizes investment , capital repatriation , and supports job creation .
Anyone can understand this .
Why is it challenging , then ?
In the middle of election year , there are too many misguided proposals from the Left demanding higher taxes , more government interventionism , and more regulatory burdens .
It seems that many @ @ @ @ @ @ @ of the eurozone .
Higher taxes and more interventionism will not deliver better public services and stronger finances .
The eurozone is proof that higher taxes still drove most countries to historically high levels of debt and unemployment while public services did not improve .
Deficit spending is not solved by raising taxes , but by cutting unnecessary spending .
With a rising tax wedge , growth is weaker , job creation is poorer , and the deficit remains stubbornly high because expenditures rise significantly above receipts in growth and crisis periods .
@ @ @ @ @ @ @ Castex , announced last week at the presentation of the country ’ s latest tax cut and stimulus plan that “ there will be no tax increase .
We will not reproduce the past mistake of making tax increases that weaken our growth and send negative signals to both households and companies.
” France has one of the highest tax wedges in the world and has suffered stagnation for two decades , high deficits , and constant public service cuts due to the unsustainability of its finances .
The United States should not @ @ @ @ @ @ @ slowly trying to get out of .
The best social policy is one of strong job creation and rising wages .
Entitlements do not make a society more prosperous , and ultimately drive it to stagnation .
The employment recovery in the United States has been a positive surprise for most commentators , but the path to full employment will not be achieved putting brakes on job creation and investment .
This is a time in which no politician should be doing anything other than listening to employers , investors , and businesses @ @ @ @ @ @ @ pointless , it is irresponsible .
Daniel Lacalle , PhD , economist and fund manager , is the author of the bestselling books Freedom or Equality ( 2020 ) , Escape from the Central Bank Trap ( 2017 ) , The Energy World Is Flat ( 2015 ) , and Life in the Financial Markets ( 2014 ) .
He is a professor of global economy at IE Business School in Madrid .

by Daniel Lacalle via Mises
The employment recovery in the United States is as impressive as the collapse due to the lockdowns.
In April I wrote a column stating that “The U.S. Labor Market Can Heal Quickly,” and the improvement has been positive. Very few would have expected the unemployment rate to be at 8.4 percent in August after soaring to almost 15 percent in the middle of the pandemic. This means that the unemployment rate is in August 2020 lower than what analysts projected for the end of 2020. Even the measure of underemployment (U-6) has fallen from 22.8 percent to 14.2 percent.
In August, the number of persons who usually work full time rose by 2.8 million to 122.4 million, or 10 million below the level of August 2019, and the number of persons not in the labor force who currently want a job declined by 747,000 to 7 million, which is still 2 million higher than in February. This means both incredibly positive news and that there is a lot left to do. Few would have expected full-time employment to be that close to last year’s level by now.
Since the reopening, the US has recovered almost 11 million jobs, continuing jobless claims have fallen rapidly, from 25 million to 13.25 million, and full-time employment is rising strongly, while the Atlanta Fed median wage growth tracker remains at 3.9 percent for 2020. It is true that the good August jobs data includes part-time workers hired for census activity, but the truth is that those accounted for less than one out of every six new jobs created.
Even acknowledging that there is a lot of work to do to recover the record levels of employment of February 2020, at this rate the United States would be able to return to all-time high levels of employment by the first quarter of 2021 instead of 2023, as the Federal Reserve estimates. We must remember that the tendency of the Federal Reserve in estimating unemployment has been to err on the side of pessimism, particularly in the past three years.
What the United States needs to do to recover jobs and return to real wage growth and the path to full employment is both easy and challenging. The United States needs to cut red tape and
bureaucratic burdens to new business creation, lift regulatory and fiscal burdens that prevent small and medium enterprises from growing into large companies, and maintain an attractive tax system that incentivizes investment, capital repatriation, and supports job creation.
Anyone can understand this. Why is it challenging, then? In the middle of election year, there are too many misguided proposals from the Left demanding higher taxes, more government interventionism, and more regulatory burdens. It seems that many politicians cannot learn from the mistakes of the eurozone. Higher taxes and more interventionism will not deliver better public services and stronger finances. The eurozone is proof that higher taxes still drove most countries to historically high levels of debt and unemployment while public services did not improve. Deficit spending is not solved by raising taxes, but by cutting unnecessary spending. With a rising tax wedge, growth is weaker, job creation is poorer, and the deficit remains stubbornly high because expenditures rise significantly above receipts in growth and crisis periods.
We are primarily funded by readers. Please subscribe and donate to support us!
The prime minister of France, Jean Castex, announced last week at the presentation of the country’s latest tax cut and stimulus plan that “there will be no tax increase. We will not reproduce the past mistake of making tax increases that weaken our growth and send negative signals to both households and companies.” France has one of the highest tax wedges in the world and has suffered stagnation for two decades, high deficits, and constant public service cuts due to the unsustainability of its finances. The United States should not fall into the trap that France is slowly trying to get out of.
The best social policy is one of strong job creation and rising wages. Entitlements do not make a society more prosperous, and ultimately drive it to stagnation.
The employment recovery in the United States has been a positive surprise for most commentators, but the path to full employment will not be achieved putting brakes on job creation and investment.
This is a time in which no politician should be doing anything other than listening to employers, investors, and businesses. Copying European mistakes is not just pointless, it is irresponsible.
Author:
Daniel Lacalle
Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020),Escape from the Central Bank Trap (2017), The Energy World Is Flat (2015), and Life in the Financial Markets (2014).
He is a professor of global economy at IE Business School in Madrid.


investmentwatchblog--2020-09-29--Brian Morgenstern triggers CNN for calling the New York Times out for dropping the story about Presi

Brian Morgenstern triggers CNN for calling the New York Times out for dropping the story about President Trump’s Taxes two days before the debate

WATCH : @ BMorgenstern45 absolutely triggers CNN for calling the New York Times out for dropping the story about President @ @ @ @ @ days before the debate .
pic.twitter.com/t50Ito5tcB

WATCH: @BMorgenstern45 absolutely triggers CNN for calling the New York Times out for dropping the story about President Trump’s Taxes two days before the debate. pic.twitter.com/t50Ito5tcB
— Benny (@bennyjohnson) September 28, 2020


investmentwatchblog--2020-09-29--I have a graduate law degree in taxation…tax losses are normal [Lots of good folks explaining TRUTH

I have a graduate law degree in taxation…tax losses are normal [Lots of good folks explaining TRUTH beyond the inflammatory headlines]

I have a graduate law degree in taxation , was tax counsel to world 's largest bank .
So , @ @ @ @ @ taxes than the NYTimes .
In real estate , gains are deferred until you sell @ @ @ @ @ current , ( depreciation , interest , fees ) .
So , tax losses are @ @ @

I have a graduate law degree in taxation, was tax counsel to world's largest bank. So, maybe I know more about taxes than the NYTimes. In real estate, gains are deferred until you sell the building. Expenses are current, (depreciation, interest, fees). So, tax losses are normal. pic.twitter.com/Zq5ARJzVZa
— Jim Rickards (@JamesGRickards) September 28, 2020


investmentwatchblog--2020-09-29--Helicopter Money and the End of Taxes

Helicopter Money and the End of Taxes

Rather than right the ship , the “ easy fix ” is to distribute “ free money ” –not just to billionaires and corporations but to everyone .
The system of collecting taxes and distributing the dough is a zero-sum game : each dollar of tax revenue paid by someone and given to someone else is one dollar that the taxpayer will no longer have to save or spend .
Meanwhile , the recipient received a dollar that would not have been available without taxes .
State and local governments are still bound by this zero-sum game except for infrastructure @ @ @ @ @ @ @ bonds .
These bonds are debt and must be paid back with interest .
But as a general rule , the general funds of cities , counties and states are zero-sum : they can only spend what they collect in tax receipts .
As a result , the feeding frenzy at the public trough has winners and losers : taxpayers who receive fewer benefits than they pay in taxes are the losers , and residents / enterprises who get subsidies , tax breaks , entitlements , benefits in excess of what they paid @ @ @ @ @ @ @ : every corporate or individual welfare queen / king that mooches off the public trough as a result of skims and scams ( gaming the system , lying , lobbying , legalized looting , etc . )
deprives a legitimate recipient / program of scarce tax dollars , or deprives the taxpayers of a tax cut .
The federal government has no restraint .
The federal feeding trough can be refilled by deficit spending , i.e .
selling Treasury bonds and blowing the proceeds on essentially limitless skims and scams .
Taxpayers naturally @ @ @ @ @ @ @ tax payments fund .
Politicos are dimly aware of this resentment ( dismissed as evil populism by the status quo ’ s apparatchiks ) and so they naturally seek to defuse this threat to their own skims and scams by giving free money to everyone and not just to their super-wealthy donors ( in the form of bailouts , subsidies , tax breaks , no-bid contracts , etc . )
We ’ ve already had a taste of free money for everyone in the $ 1,200 giveaway earlier this year .
There was @ @ @ @ @ @ @ ’ share of Social Security/Medicare taxes ( 7.65 % of earned income ) for a limited time , but this created confusion because it was unclear if this was a temporary measure that would be due later or an actual freebie .
Clearly , this was a trial balloon for eliminating the Social Security/Medicare tax for low and moderate income households .
Why collect $ 1,200 in SSA taxes and then hand the household $ 1,200 ?
Why not just eliminate the tax ?
Most households pay very little federal income tax as @ @ @ @ @ @ @ pay 1 % of all federal income taxes , and the top 10 % pay the majority of all income taxes .
Declaring the first $ 50,000 or $ 60,000 of income per taxpayer as tax-free would not reduce tax revenues by much because the bottom 90 % pay such a small percentage of income taxes .
If 90 % of households don ’ t pay federal income taxes , then they have no beef with who ’ s feeding at the federal trough , as it ’ s no longer zero-sum .
@ @ @ @ @ @ @ for everyone : corporate welfare galore , no income taxes for the bottom 90 % , permanent unemployment payments for the chronically unemployed , Universal Basic Income ( UBI ) for everyone , even the top 10 % ( so they get something for free ) – helicopter money without limit .
As all the extremes of wealth/income inequality unravel , calls to “ tax the rich ” gain favor .
The problem is that the super-rich have the political power to evade taxes , so the only people who will pay more @ @ @ @ @ @ @ ’ t rich enough to hire teams of tax attorneys and buy tax breaks from desperate-for-campaign-cash politicos .
The idea of countering inequality by giving everyone free money seems painless as long as the Federal Reserve can create trillions out of thin air .
And the basic idea of MMT ( Modern Monetary Theory ) is the Treasury can create trillions without even selling Treasury bonds that accrue interest .
As I explained in The Silent Exodus Nobody Sees : Leaving Work Forever ( 9/23/20 ) , all this free money ( with @ @ @ @ @ @ @ donkeys ) will have unintended consequences : 1 .
The working poor who do the economy ’ s hard , low-pay work will find ways to leave their life of poorly paid toil behind forever .
2 .
The tax donkeys will have tremendous incentives to cut their work and income down to the tax-free level .
Why kill yourself to pay 50 % of what you earn as taxes ?
What kind of economy will we have when all the hard work becomes optional and a consequential percentage of the tax donkeys @ @ @ @ @ @ @ ?
All the “ free money ” will go to consumption , not production , and so the purchasing power of the “ free money ” will erode very rapidly .
This Is Why Inflation Will Rip Everyone ’ s Face Off ( 9/17/20 ) The intrinsic unfairness of the status quo is undermining the willingness to keep contributing to it .
Rather than right the ship , the “ easy fix ” is to distribute “ free money ” –not just to billionaires and corporations but to everyone .
Simply put , @ @ @ @ @ @ @ is turning companies into debt-zombies to buy back shares and milking America ’ s monopolies .
( Contributor A.P .
outlined how the system really works : Our Wile E. Coyote Economy : Nothing But Financial Engineering ( 6/11/20 ) All those who believe this is a permanent , stable system will get a nice hard chair at the banquet of consequences .
The dominoes are falling but distractions abound .
My new book is available !
A Hacker ’ s Teleology : Sharing the Wealth of Our Shrinking Planet 20 % and @ @ @ @ @ @ @ Kindle $ 7 , print $ 17 ) Read excerpts of the book for free ( PDF ) .
The Story Behind the Book and the Introduction .
A Hacker ’ s Teleology : Sharing the Wealth of Our Shrinking Planet ( Kindle $ 8.95 , print $ 20 , audiobook coming soon ) Read the first section for free ( PDF ) .
Will You Be Richer or Poorer ?
: Profit , Power , and AI in a Traumatized World ( Kindle $ 5 , print $ 10 , audiobook ) @ @ @ @ @ @ @ PDF ) .
Pathfinding our Destiny : Preventing the Final Fall of Our Democratic Republic ( $ 5 ( Kindle ) , $ 10 ( print ) , ( audiobook ) : Read the first section for free ( PDF ) .
The Adventures of the Consulting Philosopher : The Disappearance of Drake $ 1.29 ( Kindle ) , $ 8.95 ( print ) ; read the first chapters for free ( PDF ) Money and Work Unchained $ 6.95 ( Kindle ) , $ 15 ( print ) Read the first section @ @ @ @ @ @ @ you found value in this content , please join me in seeking solutions by becoming a $ 1/month patron of my work via patreon.com .

by Charles Hugh-Smith
Rather than right the ship, the “easy fix” is to distribute “free money”–not just to billionaires and corporations but to everyone.
The system of collecting taxes and distributing the dough is a zero-sum game: each dollar of tax revenue paid by someone and given to someone else is one dollar that the taxpayer will no longer have to save or spend. Meanwhile, the recipient received a dollar that would not have been available without taxes.
State and local governments are still bound by this zero-sum game except for infrastructure spending funded by the sale of municipal bonds. These bonds are debt and must be paid back with interest. But as a general rule, the general funds of cities, counties and states are zero-sum: they can only spend what they collect in tax receipts.
As a result, the feeding frenzy at the public trough has winners and losers: taxpayers who receive fewer benefits than they pay in taxes are the losers, and residents / enterprises who get subsidies, tax breaks, entitlements, benefits in excess of what they paid in taxes are the winners.
Zero-sum: every corporate or individual welfare queen / king that mooches off the public trough as a result of skims and scams (gaming the system, lying, lobbying, legalized looting, etc.) deprives a legitimate recipient / program of scarce tax dollars, or deprives the taxpayers of a tax cut.
The federal government has no restraint. The federal feeding trough can be refilled by deficit spending, i.e. selling Treasury bonds and blowing the proceeds on essentially limitless skims and scams.
Taxpayers naturally resent the skims and scams their hard-earned tax payments fund. Politicos are dimly aware of this resentment (dismissed as evil populism by the status quo’s apparatchiks) and so they naturally seek to defuse this threat to their own skims and scams by giving free money to everyone and not just to their super-wealthy donors (in the form of bailouts, subsidies, tax breaks, no-bid contracts, etc.)
We’ve already had a taste of free money for everyone in the $1,200 giveaway earlier this year. There was also talk of dispensing with the individuals’ share of Social Security/Medicare taxes (7.65% of earned income) for a limited time, but this created confusion because it was unclear if this was a temporary measure that would be due later or an actual freebie.
Clearly, this was a trial balloon for eliminating the Social Security/Medicare tax for low and moderate income households. Why collect $1,200 in SSA taxes and then hand the household $1,200? Why not just eliminate the tax?
Most households pay very little federal income tax as it is. The bottom 50% pay 1% of all federal income taxes, and the top 10% pay the majority of all income taxes.
Declaring the first $50,000 or $60,000 of income per taxpayer as tax-free would not reduce tax revenues by much because the bottom 90% pay such a small percentage of income taxes.
If 90% of households don’t pay federal income taxes, then they have no beef with who’s feeding at the federal trough, as it’s no longer zero-sum. There will be “free money” for everyone: corporate welfare galore, no income taxes for the bottom 90%, permanent unemployment payments for the chronically unemployed, Universal Basic Income (UBI) for everyone, even the top 10% (so they get something for free)– helicopter money without limit.
As all the extremes of wealth/income inequality unravel, calls to “tax the rich” gain favor. The problem is that the super-rich have the political power to evade taxes, so the only people who will pay more will be the tax donkeys who aren’t rich enough to hire teams of tax attorneys and buy tax breaks from desperate-for-campaign-cash politicos.
The idea of countering inequality by giving everyone free money seems painless as long as the Federal Reserve can create trillions out of thin air. And the basic idea of MMT (Modern Monetary Theory) is the Treasury can create trillions without even selling Treasury bonds that accrue interest.
As I explained in The Silent Exodus Nobody Sees: Leaving Work Forever (9/23/20), all this free money (with a token giveaway to the remaining tax donkeys) will have unintended consequences:
1. The working poor who do the economy’s hard, low-pay work will find ways to leave their life of poorly paid toil behind forever.
2. The tax donkeys will have tremendous incentives to cut their work and income down to the tax-free level. Why kill yourself to pay 50% of what you earn as taxes?
We are primarily funded by readers. Please subscribe and donate to support us!
What kind of economy will we have when all the hard work becomes optional and a consequential percentage of the tax donkeys effectively “lay down their burdens”? All the “free money” will go to consumption, not production, and so the purchasing power of the “free money” will erode very rapidly.
This Is Why Inflation Will Rip Everyone’s Face Off (9/17/20)
The intrinsic unfairness of the status quo is undermining the willingness to keep contributing to it. Rather than right the ship, the “easy fix” is to distribute “free money”–not just to billionaires and corporations but to everyone.
Simply put, work no longer pays. What pays is turning companies into debt-zombies to buy back shares and milking America’s monopolies. (Contributor A.P. outlined how the system really works: Our Wile E. Coyote Economy: Nothing But Financial Engineering (6/11/20)
All those who believe this is a permanent, stable system will get a nice hard chair at the banquet of consequences. The dominoes are falling but distractions abound.
My new book is available! A Hacker’s Teleology: Sharing the Wealth of Our Shrinking Planet 20% and 15% discounts end September 30 (Kindle $7, print $17)
Read excerpts of the book for free (PDF).
The Story Behind the Book and the Introduction.
Recent Podcasts:
AxisOfEasy Salon #23: Lords of the Algos (1 hr)
My COVID-19 Pandemic Posts
My recent books:
A Hacker’s Teleology: Sharing the Wealth of Our Shrinking Planet (Kindle $8.95, print $20, audiobook coming soon) Read the first section for free (PDF).
Will You Be Richer or Poorer?: Profit, Power, and AI in a Traumatized World
(Kindle $5, print $10, audiobook) Read the first section for free (PDF).
Pathfinding our Destiny: Preventing the Final Fall of Our Democratic Republic ($5 (Kindle), $10 (print), ( audiobook): Read the first section for free (PDF).
The Adventures of the Consulting Philosopher: The Disappearance of Drake $1.29 (Kindle), $8.95 (print); read the first chapters for free (PDF)
Money and Work Unchained $6.95 (Kindle), $15 (print) Read the first section for free (PDF).
If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.


investmentwatchblog--2020-09-29--Fed Isn’t Thinking about Rate Hikes. So Does It Maybe Think about Gold?

The Fed Vice Chair says that the Fed will not even think about hiking interest rates until the inflation reaches 2 percent .
Meanwhile , the price of gold decreases further .
What is exactly happening in the gold market ?
Over the last week , several Fed officials spoke publicly with the purpose of convincing investors that their new policy strategy would be positive for the economy .
Powell himself testified three times before Congress .
However , the most interesting remarks were delivered by Richard Clarida , Fed Vice-Chair .
On Wednesday , he told Bloomberg Television that @ @ @ @ @ @ @ hiking the federal funds rate until the inflation reaches 2 percent : Rates will be at the current level , which is basically zero , until actual observed PCE inflation has reached 2 % .
That ’ s ‘ at least.
’ We could actually keep rates at this level beyond that .
But we are not even going to begin thinking about lifting off , we expect , until we actually get observed inflation … equal to 2 % .
That ’ s excellent news for the gold market !
Clarida ’ @ @ @ @ @ @ @ a more extended period .
The Fed will not raise the rates until the labor market recovers completely , and the inflation at least hits the Fed ’ s target , or until it somehow surpasses it for some time .
According to the US central bankers , these conditions will not be met until the end of 2023 , if not later .
The dovish monetary policy of lower for longer means that the real interest rates will likely stay in negative territory , supporting gold , but does not bear any @ @ @ @ @ @ @ , the real interest rates will decline even further .
But still , if this is so positive for the gold market , why the yellow metal price has declined further below $ 1,900 , as the chart below shows ?
Well , the interest rate policy is only one aspect of the Fed ’ s standpoint .
Another is the asset-buying program – and this is the one area where the US central bank disappointed investors .
You see , market participants were upset because the Fed did not announce the bond @ @ @ @ @ @ @ that saddened precious metals investors .
After all , gold benefited substantially from the mammoth growth of the Fed ’ s balance sheet .
But , as indicated in the chart below , already in May , this growth lost its momentum and stagnated further later on .
Additionally , since summer , the central bank ’ s assets have been stabilized at around $ 7 trillion .
So , to conclude , what does the above mean for the gold market ?
Well , amid the recession , negative interest rates , @ @ @ @ @ @ @ the Congressional Budget Office projected that the U.S. federal debt held by the public would balloon to about 195 percent of the US GDP in 2050 ) , easy monetary and fiscal policies and the risk of inflation acceleration , the fundamental outlook for gold remains positive in the long-run .
However , despite that , this fall , we can see more weakness in the gold price .
The downside risks include the renewed recession with a rush toward cash , a smooth presidential election , the introduction of a COVID-19 vaccine @ @ @ @ @ @ @ lack of additional fiscal and monetary stimuli .
Indeed , the current stalemate in Congress over additional aid programs , although negative for the GDP outlook , does not help gold .
The lack of freshly issued Treasury bonds also lowers the Fed ’ s potential to monetize the public debt .
In other words , it seems that the second leg of the bull market in gold will not come into effect unless the Fed expands its assets again or the inflation accelerates , which at the end of the day , @ @ @ @ @ @ @ broad money supply expansion , the rising federal debt , and the Fed ’ s new monetary framework .
If you enjoyed today ’ s free gold report , we invite you to check out our premium services .
We provide much more detailed fundamental analyses of the gold market in our monthly Gold Market Overview reports , and we provide daily Gold & Silver Trading Alerts with clear buy and sell signals .
To enjoy our gold analyses in their full scope , we invite you to subscribe today .
If you @ @ @ @ @ @ @ , but you are not on our free gold mailing list yet , we urge you to subscribe for it as well for daily yellow metal updates .
Sign up today !

The Fed Vice Chair says that the Fed will not even think about hiking interest rates until the inflation reaches 2 percent. Meanwhile, the price of gold decreases further. What is exactly happening in the gold market?
Over the last week, several Fed officials spoke publicly with the purpose of convincing investors that their new policy strategy would be positive for the economy. Powell himself testified three times before Congress. However, the most interesting remarks were delivered by Richard Clarida, Fed Vice-Chair.
On Wednesday, he told Bloomberg Television that the FOMC would not even think about hiking the federal funds rate until the inflation reaches 2 percent:
Rates will be at the current level, which is basically zero, until actual observed PCE inflation has reached 2%. That’s ‘at least.’ We could actually keep rates at this level beyond that. But we are not even going to begin thinking about lifting off, we expect, until we actually get observed inflation … equal to 2%.
That’s excellent news for the gold market! Clarida’s words imply lower interest rates for a more extended period. The Fed will not raise the rates until the labor market recovers completely, and the inflation at least hits the Fed’s target, or until it somehow surpasses it for some time. According to the US central bankers, these conditions will not be met until the end of 2023, if not later. The dovish monetary policy of lower for longer means that the real interest rates will likely stay in negative territory, supporting gold, but does not bear any yield. And if the inflation rises, the real interest rates will decline even further.
But still, if this is so positive for the gold market, why the yellow metal price has declined further below $1,900, as the chart below shows?
Well, the interest rate policy is only one aspect of the Fed’s standpoint. Another is the asset-buying program – and this is the one area where the US central bank disappointed investors. You see, market participants were upset because the Fed did not announce the bond purchases expansion.
We are primarily funded by readers. Please subscribe and donate to support us!
It is an event that saddened precious metals investors. After all, gold benefited substantially from the mammoth growth of the Fed’s balance sheet. But, as indicated in the chart below, already in May, this growth lost its momentum and stagnated further later on. Additionally, since summer, the central bank’s assets have been stabilized at around $7 trillion.
Implications for Gold
So, to conclude, what does the above mean for the gold market? Well, amid the recession, negative interest rates, rising public debt (last week, the Congressional Budget Office projected that the U.S. federal debt held by the public would balloon to about 195 percent of the US GDP in 2050), easy monetary and fiscal policies and the risk of inflation acceleration, the fundamental outlook for gold remains positive in the long-run.
However, despite that, this fall, we can see more weakness in the gold price. The downside risks include the renewed recession with a rush toward cash, a smooth presidential election, the introduction of a COVID-19 vaccine and related market euphoria, and the lack of additional fiscal and monetary stimuli. Indeed, the current stalemate in Congress over additional aid programs, although negative for the GDP outlook, does not help gold. The lack of freshly issued Treasury bonds also lowers the Fed’s potential to monetize the public debt.
In other words, it seems that the second leg of the bull market in gold will not come into effect unless the Fed expands its assets again or the inflation accelerates, which at the end of the day, it is quite possible, given the broad money supply expansion, the rising federal debt, and the Fed’s new monetary framework.
If you enjoyed today’s free gold report, we invite you to check out our premium services. We provide much more detailed fundamental analyses of the gold market in our monthly Gold Market Overview reports, and we provide daily Gold & Silver Trading Alerts with clear buy and sell signals. To enjoy our gold analyses in their full scope, we invite you to subscribe today. If you’re not ready to subscribe yet, but you are not on our free gold mailing list yet, we urge you to subscribe for it as well for daily yellow metal updates. Sign up today!
Arkadiusz Sieron, PhD
Sunshine Profits: Analysis. Care. Profits.


investmentwatchblog--2020-09-29--Tucker releases exclusive photos of Sen Feinstein in airport without a mask

‘ Tucker Carlson Tonight releases photos of Senator Dianne Feinstein in an airport without a mask .

‘Tucker Carlson Tonight releases photos of Senator Dianne Feinstein in an airport without a mask.
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investmentwatchblog--2020-09-29--JOEL KOTKIN: Americans Won’t Live in the Pod: Blue-city urbanization imposes a downward mobility peo

JOEL KOTKIN: Americans Won’t Live in the Pod: Blue-city urbanization imposes a downward mobility people don’t want and don’t need.

Protecting and fighting for the middle class regularly dominates rhetoric on the Right and Left .
Yet activists on both sides now often seek to undermine single-family home ownership , the linchpin of middle-class aspiration .
The current drive to outlaw single-family zoning—the one protection homeowners possess against unwanted development—has notched bans in the City of Minneapolis and the state of Oregon , with California not far behind .
Advocates have tapped an odd alliance of progressives and libertarians .
Essentially , it marries two inflexible ideologies , in principle diametrically opposed , but neither of which see housing as @ @ @ @ @ @ @ .
In its stead , the Left seeks to place the state in charge , while libertarians bow instinctively to any de-regulatory step they see as increasing “ freedom and choice.
” Although couched in noble sentiments , both approaches are fundamentally hostile to both middle- and working-class aspirations .
Without a home , the new generation—including minorities—will face a “ formidable challenge ” in boosting their worth .
Property remains key to financial security : Homes today account for roughly two-thirds of the of middle-income Americans while home owners have a median @ @ @ @ @ @ @ of renters , according to the Census Bureau .
Equally important , a shift from homeownership would also weaken the basis of democracy .
Since ancient times , republican institutions have rested on the firmament of dispersed property ownership , and forced unwilling millions to live not as they wish to but in such a way as to fulfill the visions of planners and of portions of the capitalist elite .
An Odd Time for More Density The push for ever-greater density and against suburban homeownership could not come at a less propitious @ @ @ @ @ @ @ big cities like New York , Los Angeles , and Chicago were losing population .
Since 2010 , despite all the talk of a massive “ return to the city , ” suburbs and exurbs account for about 90 % of all metropolitan-area growth .
Millennials , often seen as an urban generation , have fueled population growth in the suburbs since 2010 .
Millennials have had a hard time buying homes—among post-college millennials ( 25-34 ) , ownership has dropped from 45.4 % in 2000 to 37.0 % in 2016 , a @ @ @ @ @ @ @ Bureau data—but three-quarters want single-family detached houses , according a 2019 report on home buyer preferences by the National Association of Homebuilders .
A 2018 Apartment List survey found that 80 % of millennials dream of home ownership .
Among those under 35 who do buy homes , four-fifths choose single-family detached houses .
This shift has been greatly accelerated by the pandemic , and could gain even more momentum from the rising crime and disorder in many of our core cities .
Pew reports roughly one in four Americans either moved on @ @ @ @ @ @ @ did so , with the largest percentages for young people under 30 .
Since 2018 , according to Gallup , the percentage of Americans saying they want to live in cities dropped 55 % , down to barely 13 % .
Rather than the much-ballyhooed “ back to the city ” movement , we are entering what Zillow describes as “ a great reshuffling ” to suburbs , smaller cities , and less expensive states .
Even non-metro areas , for the first time in over a decade , are beginning to gain @ @ @ @ @ @ @ is likely to accelerate the trend .
Stanford economist Nicholas Bloom projects we will see telecommuting increase from 5 % of the workforce before the pandemic to something closer to 20 % .
More important still , most people now working from home express a preference—some 60 % according to Gallup—to do so for the foreseeable future .
Even when offices opened early this summer in New York , real estate brokers report , most workers refused to return .
And now developers , like KB Homes , are adding home offices to @ @ @ @ @ @ @ be reinforced by shifts in job markets .
A new survey by the Site Selectors guild suggests that only 10 % of companies are looking to expand in large cities , one sixth as many as choose suburbs , and a third of those who favor rural areas .
Meanwhile major office and residential complexes are being downsized , cancelled , or hit with major price reductions in cities from Chicago and New York to Los Angeles and San Francisco .

Protecting and fighting for the middle class regularly dominates rhetoric on the Right and Left. Yet activists on both sides now often seek to undermine single-family home ownership, the linchpin of middle-class aspiration.
The current drive to outlaw single-family zoning—the one protection homeowners possess against unwanted development—has notched bans in the City of Minneapolis and the state of Oregon, with California not far behind. Advocates have tapped an odd alliance of progressives and libertarians. Essentially, it marries two inflexible ideologies, in principle diametrically opposed, but neither of which see housing as a critical element of family and community. In its stead, the Left seeks to place the state in charge, while libertarians bow instinctively to any de-regulatory step they see as increasing “freedom and choice.”
Although couched in noble sentiments, both approaches are fundamentally hostile to both middle- and working-class aspirations. Without a home, the new generation—including minorities—will face a “formidable challenge” in boosting their worth. Property remains key to financial security: Homes today account for roughly two-thirds of the wealth of middle-income Americans while home owners have a median net worth more than 40 times that of renters, according to the Census Bureau. Equally important, a shift from homeownership would also weaken the basis of democracy. Since ancient times, republican institutions have rested on the firmament of dispersed property ownership, and forced unwilling millions to live not as they wish to but in such a way as to fulfill the visions of planners and of portions of the capitalist elite.
An Odd Time for More Density
The push for ever-greater density and against suburban homeownership could not come at a less propitious time. Even before the pandemic, big cities like New York, Los Angeles, and Chicago were losing population. Since 2010, despite all the talk of a massive “return to the city,” suburbs and exurbs account for about 90% of all metropolitan-area growth. Millennials, often seen as an urban generation, have fueled population growth in the suburbs since 2010.
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Millennials have had a hard time buying homes—among post-college millennials (25-34), ownership has dropped from 45.4% in 2000 to 37.0% in 2016, a drop of 18% according to Census Bureau data—but three-quarters want single-family detached houses, according a 2019 report on home buyer preferences by the National Association of Homebuilders. A 2018 Apartment List survey found that 80% of millennials dream of home ownership. Among those under 35 who do buy homes, four-fifths choose single-family detached houses.
This shift has been greatly accelerated by the pandemic, and could gain even more momentum from the rising crime and disorder in many of our core cities. Pew reports roughly one in four Americans either moved on account of COVID-19 or knew someone who did so, with the largest percentages for young people under 30. Since 2018, according to Gallup, the percentage of Americans saying they want to live in cities dropped 55%, down to barely 13%. Rather than the much-ballyhooed “back to the city” movement, we are entering what Zillow describes as “a great reshuffling” to suburbs, smaller cities, and less expensive states. Even non-metro areas, for the first time in over a decade, are beginning to gain population.
The rise of online work is likely to accelerate the trend. Stanford economist Nicholas Bloom projects we will see telecommuting increase from 5% of the workforce before the pandemic to something closer to 20%. More important still, most people now working from home express a preference—some 60% according to Gallup—to do so for the foreseeable future. Even when offices opened early this summer in New York, real estate brokers report, most workers refused to return. And now developers, like KB Homes, are adding home offices to their newest offerings.
These trends will be reinforced by shifts in job markets. A new survey by the Site Selectors guild suggests that only 10% of companies are looking to expand in large cities, one sixth as many as choose suburbs, and a third of those who favor rural areas. Meanwhile major office and residential complexes are being downsized, cancelled, or hit with major price reductions in cities from Chicago and New York to Los Angeles and San Francisco.
americanmind.org/essays/americans-wont-live-in-the-pod/


investmentwatchblog--2020-09-29--US monthly average mortgage rates by year

The Federal Reserve said they don ’ t plan on raising rates until at least 2024 so you ’ ve @ @ @ @

by NineteenEighty9
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The Federal Reserve said they don’t plan on raising rates until at least 2024 so you’ve got some time!


investmentwatchblog--2020-09-29--Paul Weston – This One Covid Lie Will Bring Down The British Government – Exposing The Fake PCR Test

Paul Weston – This One Covid Lie Will Bring Down The British Government – Exposing The Fake PCR Tests False Positive Results And British Government Cover-up

Evidence and research provided by British academic Paul Weston exposes the British governments COVID 19 lies and false positive PCR @ @ @ @ @ end to see British government officials squirming under serious questioning related to the real data @

Evidence and research provided by British academic Paul Weston exposes the British governments COVID 19 lies and false positive PCR tests. Watch to the end to see British government officials squirming under serious questioning related to the real data.
www.youtube.com/watch?v=vJDh8Dp6ZsQ&feature=youtu.be
Original video link:
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www.youtube.com/watch?v=06yja21V7xg
h/t ClarityofSignal