investmentwatchblog--2020-08-02--The dollar standard and how the Fed itself created the perfect setup for a stock market crash

Disclaimer : This is neither financial nor trading advice and everyone should trade based on their own risk tolerance .
Please leverage yourself accordingly .
When you ’ re done , ask yourself : “ Am I jacked to the tits ?
” .
If the answer is “ yes ” , you ’ re good to go .
We ’ re probably experiencing the wildest markets in our lifetime .
After doing some research and listening to opinions by several people , I wanted to share my own view on what happened in the market and what could happen @ @ @ @ @ @ @ no guarantee that the future plays out as I describe it or otherwise I ’ d become very rich .
If you just want tickers and strikes…I don ’ t know if this is going to help you .
But anyways , scroll way down to the end .
My current position is TLT 171c 8/21 , opened on Friday 7/31 when TLT was at 170.50 .
This is a post trying to describe what it means that we ’ ve entered the “ dollar standard ” decades ago after leaving the gold @ @ @ @ @ @ @ to explain how the “ dollar standard ” is the biggest reason behind the 2008 and 2020 financial crisis , stock market crashes and how the Coronavirus pandemic was probably the best catalyst for the global dollar system to blow up .
Throughout the month of July we ’ ve seen the “ death of the Dollar ” .
At least that ’ s what WSB thinks .
It ’ s easy to think that especially since it gets reiterated in most media outlets .
I will take the contrarian view .
This @ @ @ @ @ @ @ the Dollar and very soon the Dollar will rise a lot against the Euro – supported by the Federal Reserve itself.US dollar Index ( DXY ) If you zoom out to the 3Y chart you ’ ll see what everyone is being hysterical about .
The dollar is dying !
It was that low in 2018 !
This is the end !
The Fed has done too much money printing !
Zimbabwe and Weimar are coming to the US .
There is more to it though .
The DXY is dominated by two @ @ @ @ @ @ @ by far is EURUSD.EURUSD makes up 57.6 % of the DXY And we ’ ve seen EURUSD rise from 1.14 to 1.18 since July 21st , 2020 .
Why that date ?
On that date the European Commission ( basically the “ government ” of the EU ) announced that there was an agreement for the historical rescue package for the EU .
That showed the markets that the EU seems to be strong and resilient , it seemed to be united ( we ’ re not really united , trust me as @ @ @ @ @ @ @ more chances in the EU , the Euro and more chances taking risks in the EU.Meanwhile the US continued to struggle with the Coronavirus and some states like California went back to restricting public life .
The US economy looked weaker and therefore the Euro rose a lot against the USD .
From a technical point of view the DXY failed to break the 97.5 resistance in June three times – DXY bulls became exhausted and sellers gained control resulting in a pretty big selloff in the DXY .
Why the DXY is @ @ @ @ @ @ @ dominant force in the DXY I have to say it ’ s pretty useless as a measurement of the US dollar .
Why ?
Well , the economy is a global economy .
Global trade is not dominated by trade between the EU and the USA .
There are a lot of big exporting nations besides Germany , many of them in Asia .
We know about China , Japan , South Korea etc .
Depending on the business sector there are a lot of big exporters in so-called “ emerging markets ” @ @ @ @ @ @ @ are two of the biggest exporters of beef .
Now , what does that mean ?
It means that we need to look at the US dollar from a broader perspective .
Thankfully , the Fed itself provides a more accurate Dollar index .
It ’ s called the “ Trade Weighted U.S. Dollar Index : Broad , Goods and Services ” .
When you look at that index you will see that it didn ’ t really collapse like the DXY .
In fact , it still is as high as it @ @ @ @ @ @ @ You know , only two weeks before the stock market bottomed out .
How can that be explained ?
Emerging markets are found in countries which have been shifting away from their traditional way of living towards being an industrial nation .
Of course , Americans and most of the Europeans don ’ t know how life was 300 years ago.China already completed that transition .
Countries like Brazil and India are on its way .
The MSCI Emerging Market Index lists 26 countries .
Even South Korea is included .
However there @ @ @ @ @ @ @ : the Coronavirus and US Imports.The good thing about import and export data is that you can ’ t fake it .
Those numbers speak the truth .
You can see that imports into the US haven ’ t recovered to pre-Corona levels yet .
It will be interesting to see the July data coming out on August 5th.Also you can look at exports from Emerging Market economies .
Let ’ s take South Korean exports YoY .
You can see that South Korean exports are still heavily depressed compared to a year @ @ @ @ @ @ @ really recovered.For July the data still has to be updated that ’ s why you see a “ 0.0 % ” change right now.Less US imports mean less US dollars going into foreign countries including Emerging Markets.Those currency pairs are pretty unimpressed by the rising Euro .
Let ’ s look at a few examples .
Use the 1Y chart to see what I mean .
Indian Rupee to USDBrazilian Real to USDSouth Korean Won to USD What do you see if you look at the 1Y chart of those currency pairs ?
@ @ @ @ @ @ @ levels .
And this is pretty bad for the global financial system .
Why ?
According to the Bank of International Settlements there is $ 12.6 trillion of dollar-denominated debt outside of the United States .
Now the Coronavirus comes into play where economies around the world are struggling to go back to their previous levels while the currencies of Emerging Markets continue to be WEAK against the US dollar .
This is very bad .
We ’ ve already seen the IMF receiving requests for emergency loans from 80 countries on March @ @ @ @ @ @ @ see ?
We know Argentina has defaulted on their debt more than once and make jokes about it .
But what happens if we see 5 Argentinas ?
10 ?
20 ?
Even 80 ?
Add to that that global travel is still depressed , especially for US citizens going anywhere .
US citizens traveling to other countries is also a situation in which the precious US dollars would enter Emerging Market economies .
But it ’ s not happening right now and it won ’ t happen unless we actually get a @ @ @ @ @ @ @ .
This is where the treasury market comes into play .
But before that , let ’ s quickly look at what QE ( rising Fed balance sheet ) does to the USD .
Take a look at the Trade-Weighted US dollar Index .
Look at it at max timeframe – you ’ ll see what happened in 2008 .
The dollar went up ( shocker ) .Now let ’ s look at the Fed balance sheet at max timeframe .
You will see : as soon as the Fed starts the QE @ @ @ @ @ @ @ not down !
September 2008 ( Fed first buys MBS ) , March 2009 , March 2020 .
Is it just a coincidence ?
No , as I ’ ll explain below .
They ’ re correlated and probably even in causation.Oh and in all of those scenarios the stock market crashed…compared to February 2020 , the Fed balance sheet grew by ONE TRILLION until March 25th , but the stock market had just finished crashing…can you please prove to me that QE makes stock prices go up ?
I think I ’ @ @ @ @ @ @ @ People laugh at bond bulls or at people buying bonds due to the dropping yields .
“ Haha you ’ re stupid you ’ re buying an asset which matures in 10 years and yields 5.3 % STONKS go up way more !
” .Let me stop you right there .
Why do you buy stocks ?
Will you hold those stocks until you die so that you regain your initial investment through dividends ?
No .
You buy them because you expect them to go up based on fundamental analysis , news @ @ @ @ @ @ @ you sell them when you see your price target reached .
The assets appreciated.Why do you buy options ?
You don ’ t want to hold them until expiration unless they ’ re -90 % ( what happens most of the time in WSB ) .
You wait until the underlying asset does what you expect it does and then you sell the options to collect the premium .
Again , the assets appreciated .
It ’ s the exact same thing with treasury securities .
The people who ’ ve been buying @ @ @ @ @ @ @ decades didn ’ t want to wait until they mature .
Those people want to sell the bonds as they appreciate .
Bond prices have an inverse relationship with their yields which is logical when you think about it .
Someone who desperately wants and needs the bonds for various reasons will accept to pay a higher price ( supply and demand , ya know ) and therefore accept a lower yield .
By the way , both JP Morgan and Goldmans Sachs posted an unexpected profit this quarter , why ?
They @ @ @ @ @ @ @ treasury securities are the most liquid asset in the world and they ’ re also the safest asset you can hold .
After all , if the US default on their debt you know that the world is doomed .
So if US treasuries become worthless anything else has already become worthless .
Now why is there so much demand for the safest and most liquid asset in the world ?
That demand isn ’ t new but it ’ s caused by the situation the global economy is in .
Trade and @ @ @ @ @ @ @ t recover anytime soon , emerging markets are struggling both with the virus and their dollar-denominated debt and central banks around the world struggle to find solutions for the problems in the financial markets .
How do we now that the markets aren ’ t trusting central banks ?
Well , bonds tell us that and actually Gold tells us the same !
TLT is an ETF which reflects the price of US treasuries with 20 or more years left until maturity .
Basically the inverse of the 30 year treasury yield .
@ @ @ @ @ @ @ chart bonds haven ’ t been doing much from 2016 to mid-2019 .
Then the repo crisis of September 2019took place and TLT actually rallied in August 2019 before the repo crisis finally occurred !
So the bond market signaled that something is wrong in the financial markets and that “ something ” manifested itself in the repo crisis .
After the repo market crisis ended ( the Fed didn ’ t really do much to help it , before you ask ) , bonds again were quiet for three months and started @ @ @ @ @ @ @ most of the world was sitting on their asses and downplaying the Coronavirus threat .
But wait , how does Gold come into play ?
The Gold chart basically follows the same pattern as the TLT chart .
Doing basically nothing from 2016 to mid-2019 .
From June until August Gold rose a staggering 200 dollars and then again stayed flat until December 2019 .
After that , Gold had another rally until March when it finally collapsed .
Many people think rising Gold prices are a sign of inflation .
But where @ @ @ @ @ @ @ price indices on Friday July 31st and they ’ re at roughly 1 % .
We ’ ve seen CPIs from European countries and the EU itself .
France and the EU ( July 31st ) as a whole had a very slight uptick in CPI while Germany ( July 30th ) , Italy ( July 31st ) and Spain ( July 30th ) saw deflationary prints.There is no inflation , nowhere in the world .
I ’ m sorry to burst that bubble .
Yet , Gold prices still go up even @ @ @ @ @ @ @ ( sadly I have to measure it that way now since the trade-weighted index isn ’ t updated daily ) and we know that there is no inflation from a monetary perspective .
In fact , Fed chairman JPow , apparently the final boss for all bears , said on Wednesday July 29th that the Coronavirus pandemic is a deflationary event .
To conclude this rather long section : Both bonds and Gold are indicators for an upcoming financial crisis .
Bond prices should fall and yields should go up to signal an @ @ @ @ @ @ @ happening .
in that regard heavily rising Gold prices are a very bad signal for the future .
Both bonds and Gold are screaming : “ The central banks haven ’ t solved the problems ” .
By the way , Gold is also a very liquid asset if you want quick cash , that ’ s why we saw it sell off in March because people needed dollars thanks to repo problems and margin calls.When the deflationary shock happens and another liquidity event occurs there will be another big price drop in @ @ @ @ @ @ @ dip which you could use to load up on metals by the way .
But the Fed !
The M2 money stock is SHOOTING THROUGH THE ROOF !
The printers are real !
By the way , velocity of M2 was updated on July 30th and saw another sharp decline .
If you take a closer look at the M2 stock you see three parts absolutely skyrocketing : savings , demand deposits and institutional money funds .
Inflationary ?
No .
So , the printers aren ’ t real .
I ’ m @ @ @ @ @ @ @ biggest part of the Fed ’ s operations to help the economy get back on its feet .
What is QE ?
Upon doing QE the Fed “ purchases ” treasury and mortgage-backed securities from the commercial banks .
The Fed forces the commercial banks to hand over those securities and in return the commercial banks reserve additional bank reserves at an account in the Federal Reserve .
This may sound very confusing to everyone so let ’ s make it simple by an analogy.I want to borrow a camera from you , @ @ @ @ @ @ @ .
You agree but only if I give you some kind of security – for example 100 bucks as collateral.You keep the 100 bucks safe in your house and wait for me to return safely .
You just wait and wait .
You can ’ t do anything else in this situation .
Maybe my road trip takes a year .
Maybe I come back earlier .
But as long as I have your camera , the 100 bucks need to stay with you .
In this analogy , I am the Fed @ @ @ @ @ @ @ = treasuries/MBS .
100 bucks = additional bank reserves held at the Fed .
The true money printers are the commercial banks , not the central banks .
The commercial banks give out loans and demand interest payments .
Through those interest payments they create money out of thin air !
At the end they ’ ll have more money than before giving out the loan .
That additional money can be used to give out more loans , buy more treasury/MBS Securities or gain more money through investing and trading .
Before @ @ @ @ @ @ @ really loose with their policy .
You know , the whole “ Big Short ” story , housing bubble , NINJA loans and so on .
The reckless handling of money by the commercial banks led to actual money printing and inflation , until the music suddenly stopped .
Bear Stearns went tits up .
Lehman went tits up .
The banks learned from those years and completely changed , forever .
They became very strict with their lending resulting in the Fed and the ECB not being able to raise their rates @ @ @ @ @ @ @ low the Federal Reserve wants to encourage commercial banks to give out loans to stimulate the economy .
But commercial banks are not playing along .
They even accept negative rates in Europe rather than taking risks in the actual economy .
The GFC of 2008 completely changed the financial landscape and the central banks have struggled to understand that .
The system wasn ’ t working anymore because the main players ( the commercial banks ) stopped playing with each other .
That ’ s also the reason why we see repeated @ @ @ @ @ @ @ QE actually decreases liquidity before it ’ s effective The funny thing about QE is that it achieves the complete opposite of what it ’ s supposed to achieve before actually leading to an economic recovery .
What does that mean ?
Let ’ s go back to my analogy with the camera .
Before I take away your camera , you can do several things with it .
If you need cash , you can sell it or go to a pawn shop .
You can even lend your camera to someone @ @ @ @ @ @ @ through that.But then I come along and just take away your camera for a road trip for 100 bucks in collateral .
What can you do with those 100 bucks ?
Basically nothing .
You can ’ t buy something else with those .
You can ’ t lend the money to someone else .
It ’ s basically dead capital .
You can just look at it and wait until I come back .
And this is what is happening with QE .
Commercial banks buy treasuries and MBS due to many @ @ @ @ @ @ @ legally obliged to hold some treasuries , but they also need them to make business.When a commercial bank has a treasury security , they can do the following things with it : - Sell it to get cash- Give out loans against the treasury security- Lend the security to a short seller who wants to short bonds Now the commercial banks received a cash reserve account at the Fed in exchange for their treasury security .
What can they do with that ?
- Give out loans against the reserve account That ’ @ @ @ @ @ @ @ give away a very liquid and flexible asset and received an illiquid asset for it .
Well done , Fed .
The goal of the Fed is to encourage lending and borrowing through suppressing yields via QE .
But it ’ s not happening and we can see that in the H.8 data ( assets and liabilities of the commercial banks ) .There is no recovery to be seen in the credit sector while the commercial banks continue to collect treasury securities and MBS .
On one hand , they need to sell @ @ @ @ @ @ @ on the other hand they profit off those securities by trading them – remember JPM ’ s earnings .
So we see that while the Fed is actually decreasing liquidity in the markets by collecting all the treasuries it has collected in the past , interest rates are still too high .
People are scared , and commercial banks don ’ t want to give out loans .
This means that as the economic recovery is stalling ( another whopping 1.4M jobless claims on Thursday July 30th ) the Fed needs to suppress @ @ @ @ @ @ @ : more QE .
that means : the liquidity dries up even more , thanks to the Fed .
We heard JPow saying on Wednesday that the Fed will keep their minimum of 120 billion QE per month , but , and this is important , they can increase that amount anytime they see an emergency.And that ’ s exactly what he will do .
He will ramp up the QE machine again , removing more bond supply from the market and therefore decreasing the liquidity in financial markets even more .
That @ @ @ @ @ @ @ force Americans back to taking on debt again.All of that while the government is taking on record debt due to “ stimulus ” ( which is apparently only going to Apple , Amazon and Robinhood ) .
Who pays for the government debt ?
The taxpayers .
The wealthy people .
The people who create jobs and opportunities .
But in the future they have to pay more taxes to pay down the government debt ( or at least pay for the interest ) .
This means that they can ’ t create @ @ @ @ @ @ @ going insane with their debt – and of course , there ’ s still the Coronavirus .
This is wrong .
The Fed has been keeping their basic level QE of 120 billion per month for months now .
But ignoring the fake breakout in the beginning of June ( thanks to reopening hopes ) , yields have been on a steady decline .
Let ’ s take a look at the Fed ’ s balance sheet .
The Fed has thankfully stayed away from purchasing more treasury bills ( short term treasury @ @ @ @ @ @ @ the repo market as collateral .
They ’ re the best collateral you can have and the Fed has already done enough damage by buying those treasury bills in March , destroying even more liquidity than usual .
More interesting is the point “ notes and bonds , nominal ” .
The Fed added 13.691 billion worth of US treasury notes and bonds to their balance sheet .
Luckily for us , the US Department of Treasury releases the results of treasury auctions when they occur .
On July 28th there was an @ @ @ @ @ @ @ .
You can find the results under “ Note - > Term : 7-year - > Auction Date 07/28/2020 - > Competitive Results PDF ” .
Or here ’ s a link .
What do we see ?
Indirect bidders , which are foreigners by the way , took 28 billion out of the total 44 billion .
That ’ s roughly 64 % of the entire auction .
Primary dealers are the ones which sell the securities to the commercial banks .
Direct bidders are domestic buyers of treasuries .
The conclusion @ @ @ @ @ @ @ for US treasury notes and bonds by foreigners .
Those US treasuries are basically equivalent to US dollars .
Now dollar bears should ask themselves this question : If the dollar is close to a collapse and the world wants to get rid fo the US dollar , why do foreigners ( i.e .
foreign central banks ) continue to take 60-70 % of every bond auction ?
They do it because they desperately need dollars and hope to drive prices up , supported by the Federal Reserve itself , in an attempt @ @ @ @ @ @ @ next liquidity event occurs .
So foreigners are buying way more treasuries than the Fed does .
Final conclusion : the bond market has adjusted to the Fed being a player long time ago .
It isn ’ t the first time the Fed has messed around in the bond market .
We know that commercial banks made good money trading bonds and stocks in the past quarter .
Besides big tech the stock market is being stagnant , plain and simple .
All the stimulus , stimulus # 2 , vaccinetalksgoingwell.exe , @ @ @ @ @ @ @ their friends , the “ money printing ” ( which isn ’ t money printing ) by the Fed couldn ’ t push SPY back to ATH which is 339.08 btw .
Who can we look at ?
Several people but let ’ s take Bill Ackman .
The one who made a killing with Credit Default Swaps in March and then went LONG ( he said it live on TV ) .
Well , there ’ s an update about him : Bill Ackman saying he ’ s effectively 100 % longHe @ @ @ @ @ @ @ .
Of course , we shouldn ’ t just believe what he says .
After all he is a hedge fund manager and wants to make money .
But we have to assume that he ’ s long at a significant percentage – it doesn ’ t even make sense to get rid of positions like Hilton when they haven ’ t even recovered yet .
Then again , there are sources to get a peek into the positions of hedge funds , let ’ s take Hedgopia.We see : Hedge funds are @ @ @ @ @ @ @ year bond .
They are very short the 30 year bond .
They are very long the Euro , very short on VIX futures and short on the Dollar .
This is the perfect setup for a market meltdown .
If hedge funds are really positioned like Ackman and Hedgopia describes , the situation could unwind after a liquidity event : The Fed increases QE to bring down the 30 year yield because the economy isn ’ t recovering yet .
We ’ ve already seen the correlation of QE and USD and @ @ @ @ @ @ @ short squeeze of hedge funds who are very short the 30 year bond .
They need to cover their short positions .
But Ackman said they ’ re basically 100 % long the stock market and nothing else .
So what do they do ?
They need to sell stocks .
Quickly .
And what happens when there is a rapid sell-off in stocks ?
People start to hedge via put options .
The VIX rises .
But wait , hedge funds are short VIX futures , long Euro and short DXY .
@ @ @ @ @ @ @ futures , they need to go long there .
VIX continues to go up and the prices of options go suborbital ( as far as I can see ) .Also they need to get rid of Euro futures and cover their short DXY positions .
That causes the USD to go up even more .
And the Fed will sit there and do their things again : more QE , infinity QE^2 , dollar swap lines , repo operations , TARP and whatever .
The Fed will be helpless against the forces of @ @ @ @ @ @ @ stock market burn down and they won ’ t even realize that they created the circumstances for it to happen – by their programs to “ help the economy ” and their talking on TV .
Do you remember JPow on 60minutes talking about how they flooded the world with dollars and print it digitally ?
He wanted us poor people to believe that the Fed is causing hyperinflation and we should take on debt and invest into the stock market .
After all , the Fed has it covered .
But the @ @ @ @ @ @ @ .
And Powell knows it .
That ’ s why he ’ s being a bear in the FOMC statements .
He knows what ’ s going on .
But he can ’ t do anything about it except what ’ s apparently proven to be correct – QE , QE and more QE .
A final note about “ stock market is not the economy ” It ’ s true .
The stock market doesn ’ t reflect the current state of the economy .
The current economy is in complete shambles @ @ @ @ @ @ @ that the stock market is the reflection of the first and second derivatives of the economy .
That means : velocity and acceleration of the economy .
In retrospect this makes sense .
The economy was basically halted all around the world in March .
Of course it ’ s easy to have an insane acceleration of the economy when the economy is at 0 and the stock market reflected that .
The peak of that accelerating economy ( “ max velocity ” if you want to look at it like that ) @ @ @ @ @ @ @ All countries were reopening , vaccine hopes , JPow injecting confidence into the markets .
Since then , SPY is stagnant , IWM/RUT , which is probably the most accurate reflection of the actual economy , has slightly gone down and people have bid up tech stocks in absolute panic mode .
Even JPow admitted it .
The economic recovery has slowed down and if we look at economic data , the recovery has already stopped completely .
The economy is rolling over as we can see in the continued high initial unemployment @ @ @ @ @ @ @ the stock market .
Disclaimer : This information is only for educational purposes .
Do not make any investment decisions based on the information in this article .
Do you own due diligence or consult your financial professional before making any investment decision .

by 1terrortoast
Disclaimer: This is neither financial nor trading advice and everyone should trade based on their own risk tolerance. Please leverage yourself accordingly. When you’re done, ask yourself: “Am I jacked to the tits?”. If the answer is “yes”, you’re good to go.
We’re probably experiencing the wildest markets in our lifetime. After doing some research and listening to opinions by several people, I wanted to share my own view on what happened in the market and what could happen in the future. There’s no guarantee that the future plays out as I describe it or otherwise I’d become very rich.
If you just want tickers and strikes…I don’t know if this is going to help you. But anyways, scroll way down to the end. My current position is TLT 171c 8/21, opened on Friday 7/31 when TLT was at 170.50.
This is a post trying to describe what it means that we’ve entered the “dollar standard” decades ago after leaving the gold standard. Furthermore I’ll try to explain how the “dollar standard” is the biggest reason behind the 2008 and 2020 financial crisis, stock market crashes and how the Coronavirus pandemic was probably the best catalyst for the global dollar system to blow up.
Tackling the Dollar problem
Throughout the month of July we’ve seen the “death of the Dollar”. At least that’s what WSB thinks. It’s easy to think that especially since it gets reiterated in most media outlets. I will take the contrarian view. This is a short-term “downturn” in the Dollar and very soon the Dollar will rise a lot against the Euro – supported by the Federal Reserve itself.US dollar Index (DXY)If you zoom out to the 3Y chart you’ll see what everyone is being hysterical about. The dollar is dying! It was that low in 2018! This is the end! The Fed has done too much money printing! Zimbabwe and Weimar are coming to the US.
There is more to it though. The DXY is dominated by two currency rates and the most important one by far is EURUSD.EURUSD makes up 57.6% of the DXY
And we’ve seen EURUSD rise from 1.14 to 1.18 since July 21st, 2020. Why that date? On that date the European Commission (basically the “government” of the EU) announced that there was an agreement for the historical rescue package for the EU. That showed the markets that the EU seems to be strong and resilient, it seemed to be united (we’re not really united, trust me as an European) and therefore there are more chances in the EU, the Euro and more chances taking risks in the EU.Meanwhile the US continued to struggle with the Coronavirus and some states like California went back to restricting public life. The US economy looked weaker and therefore the Euro rose a lot against the USD.
From a technical point of view the DXY failed to break the 97.5 resistance in June three times – DXY bulls became exhausted and sellers gained control resulting in a pretty big selloff in the DXY.
Why the DXY is pretty useless
Considering that EURUSD is the dominant force in the DXY I have to say it’s pretty useless as a measurement of the US dollar. Why? Well, the economy is a global economy. Global trade is not dominated by trade between the EU and the USA. There are a lot of big exporting nations besides Germany, many of them in Asia. We know about China, Japan, South Korea etc. Depending on the business sector there are a lot of big exporters in so-called “emerging markets”. For example, Brazil and India are two of the biggest exporters of beef.
Now, what does that mean? It means that we need to look at the US dollar from a broader perspective. Thankfully, the Fed itself provides a more accurate Dollar index. It’s called the “Trade Weighted U.S. Dollar Index: Broad, Goods and Services”.
When you look at that index you will see that it didn’t really collapse like the DXY. In fact, it still is as high as it was on March 10, 2020! You know, only two weeks before the stock market bottomed out. How can that be explained?
Global trade, emerging markets and global dollar shortage
Emerging markets are found in countries which have been shifting away from their traditional way of living towards being an industrial nation. Of course, Americans and most of the Europeans don’t know how life was 300 years ago.China already completed that transition. Countries like Brazil and India are on its way. The MSCI Emerging Market Index lists 26 countries. Even South Korea is included.
However there is a big problem for Emerging Markets: the Coronavirus and US Imports.The good thing about import and export data is that you can’t fake it. Those numbers speak the truth. You can see that imports into the US haven’t recovered to pre-Corona levels yet. It will be interesting to see the July data coming out on August 5th.Also you can look at exports from Emerging Market economies. Let’s take South Korean exports YoY. You can see that South Korean exports are still heavily depressed compared to a year ago. Global trade hasn’t really recovered.For July the data still has to be updated that’s why you see a “0.0%” change right now.Less US imports mean less US dollars going into foreign countries including Emerging Markets.Those currency pairs are pretty unimpressed by the rising Euro. Let’s look at a few examples. Use the 1Y chart to see what I mean.
Indian Rupee to USDBrazilian Real to USDSouth Korean Won to USD
What do you see if you look at the 1Y chart of those currency pairs? There’s no recovery to pre-COVID levels. And this is pretty bad for the global financial system. Why? According to the Bank of International Settlements there is $12.6 trillion of dollar-denominated debt outside of the United States. Now the Coronavirus comes into play where economies around the world are struggling to go back to their previous levels while the currencies of Emerging Markets continue to be WEAK against the US dollar.
This is very bad. We’ve already seen the IMF receiving requests for emergency loans from 80 countries on March 23th. What are we going to see? We know Argentina has defaulted on their debt more than once and make jokes about it. But what happens if we see 5 Argentinas? 10? 20? Even 80?
Add to that that global travel is still depressed, especially for US citizens going anywhere. US citizens traveling to other countries is also a situation in which the precious US dollars would enter Emerging Market economies. But it’s not happening right now and it won’t happen unless we actually get a miracle treatment or the virus simply disappears.
This is where the treasury market comes into play. But before that, let’s quickly look at what QE (rising Fed balance sheet) does to the USD.
Take a look at the Trade-Weighted US dollar Index. Look at it at max timeframe – you’ll see what happened in 2008. The dollar went up (shocker).Now let’s look at the Fed balance sheet at max timeframe. You will see: as soon as the Fed starts the QE engine, the USD goes UP, not down! September 2008 (Fed first buys MBS), March 2009, March 2020. Is it just a coincidence? No, as I’ll explain below. They’re correlated and probably even in causation.Oh and in all of those scenarios the stock market crashed…compared to February 2020, the Fed balance sheet grew by ONE TRILLION until March 25th, but the stock market had just finished crashing…can you please prove to me that QE makes stock prices go up? I think I’ve just proven the opposite correlation.
Bonds, bills, Gold and “inflation”
People laugh at bond bulls or at people buying bonds due to the dropping yields. “Haha you’re stupid you’re buying an asset which matures in 10 years and yields 5.3% STONKS go up way more!”.Let me stop you right there.
Why do you buy stocks? Will you hold those stocks until you die so that you regain your initial investment through dividends? No. You buy them because you expect them to go up based on fundamental analysis, news like earnings or other things. Then you sell them when you see your price target reached. The assets appreciated.Why do you buy options? You don’t want to hold them until expiration unless they’re -90% (what happens most of the time in WSB). You wait until the underlying asset does what you expect it does and then you sell the options to collect the premium. Again, the assets appreciated.
It’s the exact same thing with treasury securities. The people who’ve been buying bonds for the past years or even decades didn’t want to wait until they mature. Those people want to sell the bonds as they appreciate. Bond prices have an inverse relationship with their yields which is logical when you think about it. Someone who desperately wants and needs the bonds for various reasons will accept to pay a higher price (supply and demand, ya know) and therefore accept a lower yield.
By the way, both JP Morgan and Goldmans Sachs posted an unexpected profit this quarter, why? They made a killing trading bonds.
US treasury securities are the most liquid asset in the world and they’re also the safest asset you can hold. After all, if the US default on their debt you know that the world is doomed. So if US treasuries become worthless anything else has already become worthless.
Now why is there so much demand for the safest and most liquid asset in the world? That demand isn’t new but it’s caused by the situation the global economy is in. Trade and travel are down and probably won’t recover anytime soon, emerging markets are struggling both with the virus and their dollar-denominated debt and central banks around the world struggle to find solutions for the problems in the financial markets.
How do we now that the markets aren’t trusting central banks? Well, bonds tell us that and actually Gold tells us the same!
TLT chartGold spot price chart
TLT is an ETF which reflects the price of US treasuries with 20 or more years left until maturity. Basically the inverse of the 30 year treasury yield.
As you can see from the 5Y chart bonds haven’t been doing much from 2016 to mid-2019. Then the repo crisis of September 2019took place and TLT actually rallied in August 2019 before the repo crisis finally occurred!So the bond market signaled that something is wrong in the financial markets and that “something” manifested itself in the repo crisis.
After the repo market crisis ended (the Fed didn’t really do much to help it, before you ask), bonds again were quiet for three months and started rallying in January (!) while most of the world was sitting on their asses and downplaying the Coronavirus threat.
But wait, how does Gold come into play? The Gold chart basically follows the same pattern as the TLT chart. Doing basically nothing from 2016 to mid-2019. From June until August Gold rose a staggering 200 dollars and then again stayed flat until December 2019. After that, Gold had another rally until March when it finally collapsed.
Many people think rising Gold prices are a sign of inflation. But where is the inflation? We saw PCE price indices on Friday July 31st and they’re at roughly 1%. We’ve seen CPIs from European countries and the EU itself. France and the EU (July 31st) as a whole had a very slight uptick in CPI while Germany (July 30th), Italy (July 31st) and Spain (July 30th) saw deflationary prints.There is no inflation, nowhere in the world. I’m sorry to burst that bubble.
Yet, Gold prices still go up even when the Dollar rallies through the DXY (sadly I have to measure it that way now since the trade-weighted index isn’t updated daily) and we know that there is no inflation from a monetary perspective. In fact, Fed chairman JPow, apparently the final boss for all bears, said on Wednesday July 29th that the Coronavirus pandemic is a deflationary event.
To conclude this rather long section: Both bonds and Gold are indicators for an upcoming financial crisis. Bond prices should fall and yields should go up to signal an economic recovery. But the opposite is happening. in that regard heavily rising Gold prices are a very bad signal for the future. Both bonds and Gold are screaming: “The central banks haven’t solved the problems”.
By the way, Gold is also a very liquid asset if you want quick cash, that’s why we saw it sell off in March because people needed dollars thanks to repo problems and margin calls.When the deflationary shock happens and another liquidity event occurs there will be another big price drop in precious metals and that’s the dip which you could use to load up on metals by the way.
Dismantling the money printer
But the Fed! The M2 money stock is SHOOTING THROUGH THE ROOF! The printers are real!By the way, velocity of M2 was updated on July 30th and saw another sharp decline. If you take a closer look at the M2 stock you see three parts absolutely skyrocketing: savings, demand deposits and institutional money funds. Inflationary? No.
So, the printers aren’t real. I’m sorry.Quantitative easing (QE) is the biggest part of the Fed’s operations to help the economy get back on its feet. What is QE?Upon doing QE the Fed “purchases” treasury and mortgage-backed securities from the commercial banks. The Fed forces the commercial banks to hand over those securities and in return the commercial banks reserve additional bank reserves at an account in the Federal Reserve.
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This may sound very confusing to everyone so let’s make it simple by an analogy.I want to borrow a camera from you, I need it for my road trip. You agree but only if I give you some kind of security – for example 100 bucks as collateral.You keep the 100 bucks safe in your house and wait for me to return safely. You just wait and wait. You can’t do anything else in this situation. Maybe my road trip takes a year. Maybe I come back earlier. But as long as I have your camera, the 100 bucks need to stay with you.
In this analogy, I am the Fed. You = commercial banks. Camera = treasuries/MBS. 100 bucks = additional bank reserves held at the Fed.
Revisiting 2008 briefly: the true money printers
The true money printers are the commercial banks, not the central banks. The commercial banks give out loans and demand interest payments. Through those interest payments they create money out of thin air! At the end they’ll have more money than before giving out the loan.
That additional money can be used to give out more loans, buy more treasury/MBS Securities or gain more money through investing and trading.
Before the global financial crisis commercial banks were really loose with their policy. You know, the whole “Big Short” story, housing bubble, NINJA loans and so on. The reckless handling of money by the commercial banks led to actual money printing and inflation, until the music suddenly stopped. Bear Stearns went tits up. Lehman went tits up.
The banks learned from those years and completely changed, forever. They became very strict with their lending resulting in the Fed and the ECB not being able to raise their rates. By keeping the Fed funds rate low the Federal Reserve wants to encourage commercial banks to give out loans to stimulate the economy. But commercial banks are not playing along. They even accept negative rates in Europe rather than taking risks in the actual economy.
The GFC of 2008 completely changed the financial landscape and the central banks have struggled to understand that. The system wasn’t working anymore because the main players (the commercial banks) stopped playing with each other. That’s also the reason why we see repeated problems in the repo market.
How QE actually decreases liquidity before it’s effective
The funny thing about QE is that it achieves the complete opposite of what it’s supposed to achieve before actually leading to an economic recovery.
What does that mean? Let’s go back to my analogy with the camera.
Before I take away your camera, you can do several things with it. If you need cash, you can sell it or go to a pawn shop. You can even lend your camera to someone for a daily fee and collect money through that.But then I come along and just take away your camera for a road trip for 100 bucks in collateral.
What can you do with those 100 bucks? Basically nothing. You can’t buy something else with those. You can’t lend the money to someone else. It’s basically dead capital. You can just look at it and wait until I come back.
And this is what is happening with QE.
Commercial banks buy treasuries and MBS due to many reasons, of course they’re legally obliged to hold some treasuries, but they also need them to make business.When a commercial bank has a treasury security, they can do the following things with it:- Sell it to get cash- Give out loans against the treasury security- Lend the security to a short seller who wants to short bonds
Now the commercial banks received a cash reserve account at the Fed in exchange for their treasury security. What can they do with that?- Give out loans against the reserve account
That’s it. The bank had to give away a very liquid and flexible asset and received an illiquid asset for it. Well done, Fed.
The goal of the Fed is to encourage lending and borrowing through suppressing yields via QE. But it’s not happening and we can see that in the H.8 data (assets and liabilities of the commercial banks).There is no recovery to be seen in the credit sector while the commercial banks continue to collect treasury securities and MBS. On one hand, they need to sell a portion of them to the Fed on the other hand they profit off those securities by trading them – remember JPM’s earnings.
So we see that while the Fed is actually decreasing liquidity in the markets by collecting all the treasuries it has collected in the past, interest rates are still too high. People are scared, and commercial banks don’t want to give out loans. This means that as the economic recovery is stalling (another whopping 1.4M jobless claims on Thursday July 30th) the Fed needs to suppress interest rates even more. That means: more QE. that means: the liquidity dries up even more, thanks to the Fed.
We heard JPow saying on Wednesday that the Fed will keep their minimum of 120 billion QE per month, but, and this is important, they can increase that amount anytime they see an emergency.And that’s exactly what he will do. He will ramp up the QE machine again, removing more bond supply from the market and therefore decreasing the liquidity in financial markets even more. That’s his Hail Mary play to force Americans back to taking on debt again.All of that while the government is taking on record debt due to “stimulus” (which is apparently only going to Apple, Amazon and Robinhood). Who pays for the government debt? The taxpayers. The wealthy people. The people who create jobs and opportunities. But in the future they have to pay more taxes to pay down the government debt (or at least pay for the interest). This means that they can’t create opportunities right now due to the government going insane with their debt – and of course, there’s still the Coronavirus.
“Without the Fed, yields would skyrocket”
This is wrong. The Fed has been keeping their basic level QE of 120 billion per month for months now. But ignoring the fake breakout in the beginning of June (thanks to reopening hopes), yields have been on a steady decline.
Let’s take a look at the Fed’s balance sheet.
The Fed has thankfully stayed away from purchasing more treasury bills (short term treasury securities). Bills are important for the repo market as collateral. They’re the best collateral you can have and the Fed has already done enough damage by buying those treasury bills in March, destroying even more liquidity than usual.
More interesting is the point “notes and bonds, nominal”. The Fed added 13.691 billion worth of US treasury notes and bonds to their balance sheet. Luckily for us, the US Department of Treasury releases the results of treasury auctions when they occur. On July 28th there was an auction for the 7 year treasury note. You can find the results under “Note -> Term: 7-year -> Auction Date 07/28/2020 -> Competitive Results PDF”. Or here’s a link.
What do we see? Indirect bidders, which are foreigners by the way, took 28 billion out of the total 44 billion. That’s roughly 64% of the entire auction. Primary dealers are the ones which sell the securities to the commercial banks. Direct bidders are domestic buyers of treasuries.
The conclusion is: There’s insane demand for US treasury notes and bonds by foreigners. Those US treasuries are basically equivalent to US dollars. Now dollar bears should ask themselves this question: If the dollar is close to a collapse and the world wants to get rid fo the US dollar, why do foreigners (i.e. foreign central banks) continue to take 60-70% of every bond auction? They do it because they desperately need dollars and hope to drive prices up, supported by the Federal Reserve itself, in an attempt to have the dollar reserves when the next liquidity event occurs.
So foreigners are buying way more treasuries than the Fed does. Final conclusion: the bond market has adjusted to the Fed being a player long time ago. It isn’t the first time the Fed has messed around in the bond market.
How market participants are positioned
We know that commercial banks made good money trading bonds and stocks in the past quarter. Besides big tech the stock market is being stagnant, plain and simple. All the stimulus, stimulus#2, vaccinetalksgoingwell.exe, public appearances by Trump, Powell and their friends, the “money printing” (which isn’t money printing) by the Fed couldn’t push SPY back to ATH which is 339.08 btw.
Who can we look at? Several people but let’s take Bill Ackman. The one who made a killing with Credit Default Swaps in March and then went LONG (he said it live on TV). Well, there’s an update about him:Bill Ackman saying he’s effectively 100% longHe says that around the 2 minute mark.
Of course, we shouldn’t just believe what he says. After all he is a hedge fund manager and wants to make money. But we have to assume that he’s long at a significant percentage – it doesn’t even make sense to get rid of positions like Hilton when they haven’t even recovered yet.
Then again, there are sources to get a peek into the positions of hedge funds, let’s take Hedgopia.We see: Hedge funds are starting to go long on the 10 year bond. They are very short the 30 year bond. They are very long the Euro, very short on VIX futures and short on the Dollar.
Endgame
This is the perfect setup for a market meltdown. If hedge funds are really positioned like Ackman and Hedgopia describes, the situation could unwind after a liquidity event:The Fed increases QE to bring down the 30 year yield because the economy isn’t recovering yet. We’ve already seen the correlation of QE and USD and QE and bond prices.That causes a giant short squeeze of hedge funds who are very short the 30 year bond. They need to cover their short positions. But Ackman said they’re basically 100% long the stock market and nothing else. So what do they do? They need to sell stocks. Quickly. And what happens when there is a rapid sell-off in stocks? People start to hedge via put options. The VIX rises. But wait, hedge funds are short VIX futures, long Euro and short DXY. To cover their short positions on VIX futures, they need to go long there. VIX continues to go up and the prices of options go suborbital (as far as I can see).Also they need to get rid of Euro futures and cover their short DXY positions. That causes the USD to go up even more.
And the Fed will sit there and do their things again: more QE, infinity QE^2, dollar swap lines, repo operations, TARP and whatever. The Fed will be helpless against the forces of the market and have to watch the stock market burn down and they won’t even realize that they created the circumstances for it to happen – by their programs to “help the economy” and their talking on TV. Do you remember JPow on 60minutes talking about how they flooded the world with dollars and print it digitally? He wanted us poor people to believe that the Fed is causing hyperinflation and we should take on debt and invest into the stock market. After all, the Fed has it covered.
But the Fed hasn’t got it covered. And Powell knows it. That’s why he’s being a bear in the FOMC statements. He knows what’s going on. But he can’t do anything about it except what’s apparently proven to be correct – QE, QE and more QE.
A final note about “stock market is not the economy”
It’s true. The stock market doesn’t reflect the current state of the economy. The current economy is in complete shambles.
But a wise man told me that the stock market is the reflection of the first and second derivatives of the economy. That means: velocity and acceleration of the economy. In retrospect this makes sense.
The economy was basically halted all around the world in March. Of course it’s easy to have an insane acceleration of the economy when the economy is at 0 and the stock market reflected that. The peak of that accelerating economy (“max velocity” if you want to look at it like that) was in the beginning of June. All countries were reopening, vaccine hopes, JPow injecting confidence into the markets. Since then, SPY is stagnant, IWM/RUT, which is probably the most accurate reflection of the actual economy, has slightly gone down and people have bid up tech stocks in absolute panic mode.
Even JPow admitted it. The economic recovery has slowed down and if we look at economic data, the recovery has already stopped completely. The economy is rolling over as we can see in the continued high initial unemployment claims. Another fact to factor into the stock market.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.


investmentwatchblog--2020-08-02--How inside information moved Kodak’s stock this week

On Monday , July 27 , a local news affiliate in Rochester , NY ( home of Kodak HQ ) @ @ @ @ @ announcement ” was coming concerning a deal between Kodak and the federal government .
This @ @ @ @ @ unprecedented trading activity in the company ’ s stock ( KODK ) .
In the @ @ @ @ @ highlighted when this information was initially leaked on Twitter , and when it was posted @ @ @ @ @ .
The lower chart shows that compared with the next couple days , Monday ’ @ @ @ @ @ invisible .
While the $ 4 million traded on Monday was a lot for KODK @ @ @ @ @ see $ 2 billion flood into the company ahead of the official announcement at the @ @ @ @ @ they are just admitting it now Disclaimer : This information is only for educational purposes @ @ @ @ @ investment decisions based on the information in this article .
Do you own due diligence @ @ @ @ @ before making any investment decision .

by Janman14
On Monday, July 27, a local news affiliate in Rochester, NY (home of Kodak HQ) tweeted that a “BIG announcement” was coming concerning a deal between Kodak and the federal government. This set off a week of unprecedented trading activity in the company’s stock (KODK).
In the first chart I’ve highlighted when this information was initially leaked on Twitter, and when it was posted on Reddit later that afternoon. The lower chart shows that compared with the next couple days, Monday’s activity is pretty much invisible. While the $4 million traded on Monday was a lot for KODK, the next day we see $2 billion flood into the company ahead of the official announcement at the end of day.
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www.cnbc.com/2020/08/01/eastman-kodaks-top-executive-reportedly-got-trump-deal-windfall-on-an-understanding.html,
lol they are just admitting it now
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.


Black Monday inbound

As @ pboockvar notes , we might need a bigger scale .
t.co/nYvjvHF0OG

As @pboockvar notes, we might need a bigger scale. t.co/nYvjvHF0OG
— Danielle DiMartino Booth (@DiMartinoBooth) August 1, 2020


investmentwatchblog--2020-08-02--[WSJ] Sources: Microsoft, which was in advanced talks to buy the US operations of TikTok, has paused

[WSJ] Sources: Microsoft, which was in advanced talks to buy the US operations of TikTok, has paused negotiations after Trump said on Friday that he opposes the deal — Talks aren’t believed to be dead, but the companies are trying to get clarity on White House’s stance

Microsoft Corp. MSFT 0.54 % has paused negotiations to buy the U.S. operations of the video-sharing app TikTok after President Trump said late Friday he opposes the deal , according to people familiar with the matter .
The president ’ s statements spurred TikTok to make additional concessions , including agreeing to add as many as 10,000 jobs in the U.S. over the next three years , but it isn ’ t clear if those will alter Mr. Trump ’ s stance , one of the people said .
The software giant was in advanced talks with TikTok parent Bytedance @ @ @ @ @ @ @ that they believed met the White House goal for the popular app to get bought by a U.S. company , the people said .
Those plans were interrupted when Mr. Trump told reporters on Air Force One that he preferred to ban the app and wouldn ’ t support a sale .
Before Mr. Trump ’ s remarks , the two sides believed the broad strokes of a deal could be in place by Monday , the people said .
The companies were caught off guard by the president ’ s comments , @ @ @ @ @ @ @ .
Another person said the White House has been involved in the discussions for weeks and made it clear from the outset that the desired outcome was for TikTok to be “ American owned .
”

www.wsj.com/articles/microsoft-and-bytedance-put-tiktok-talks-on-hold-after-trump-signals-opposition-11596312611?mod=djemalertNEWS
Microsoft Corp. MSFT 0.54% has paused negotiations to buy the U.S. operations of the video-sharing app TikTok after President Trump said late Friday he opposes the deal, according to people familiar with the matter.
The president’s statements spurred TikTok to make additional concessions, including agreeing to add as many as 10,000 jobs in the U.S. over the next three years, but it isn’t clear if those will alter Mr. Trump’s stance, one of the people said.
The software giant was in advanced talks with TikTok parent Bytedance Ltd., with momentum toward a deal that they believed met the White House goal for the popular app to get bought by a U.S. company, the people said. Those plans were interrupted when Mr. Trump told reporters on Air Force One that he preferred to ban the app and wouldn’t support a sale.
Before Mr. Trump’s remarks, the two sides believed the broad strokes of a deal could be in place by Monday, the people said.
The companies were caught off guard by the president’s comments, said one person familiar with the matter. Another person said the White House has been involved in the discussions for weeks and made it clear from the outset that the desired outcome was for TikTok to be “American owned.”


investmentwatchblog--2020-08-02--RIGGED: Google devotes 41% of top page of search results to its own products, study finds

( Natural News ) A report by The Markup based on an analysis of 15,000 popular Google searches discovered that the search engine giant allotted a remarkable 41 percent of the vital first page of search results to a mix of its own sites and “ Direct Answers ” that are hosted by Google .
Google ’ s Direct Answers are snippets that are populated with information that it scrapes from other sources , which means users do not need to leave Google ’ s page to get the answers to their questions .
This info is often scraped without @ @ @ @ @ @ @ and costs the source valuable traffic .
In addition , when looking at the top 15 percent of the first page of search results alone , which represents what would fill the first screen seen on an iPhone X , the figure climbed from 41 to 63 percent .
In 20 percent of the searches , not a single link to an external website appeared on the first screen .
In their report about the rigged searching system , The Markup gave the example of a search for “ myocardial infarction.
” When @ @ @ @ @ @ @ engine , Google provided results that included Google ’ s dictionary definition of the phrase , a box called “ People also ask ” that can be expanded to see the answers to related questions while remaining on the search results page , an abridged encyclopedia entry with different links known as a Knowledge Panel , and a carousel called Related Conditions that leads to Google searches for different diseases .
All of these results were displayed ahead of search results from more reputable sources of medical information like Harvard University , Medscape @ @ @ @ @ @ @ users need to scroll nearly halfway down the page in order to even view the first organic result for the search .
This is a huge contrast to the early years of the search engine , when people would type in their terms and get a page with 10 blue links that would lead them to different websites .
Google ’ s tactics are making them a lot of enemies The news comes as top executives from Big Tech companies such as Google , Facebook , Amazon and Apple are appearing before Congress @ @ @ @ @ @ @ platforms within the tech industry .
Fifty U.S. attorneys general are investigating Google ’ s ads and search businesses for anti-trust violations , while the Department of Justice is expected to file an anti-trust lawsuit against the search giant soon .
One example of the effects of Google placing its own products on the search page can be seen in the case of Google Flights and Google Hotels .
In the nine years since the launch of these features , they have become market leaders , attracting nearly twice as many American site @ @ @ @ @ @ @ , Booking.com and Expedia.com .
This is despite the fact that Google Flights does not always display all of the options that are available to people .
In an anti-trust investigation by the European Commission , internal emails between Google staffers were uncovered that discussed the need for them to position their own comparison-shopping product at the beginning of the search results in order to get more traffic .
This move saw the traffic to their product more than double from 4 to 10 million visits .
One expert likened this to going @ @ @ @ @ @ @ catalog show you which book you should get according to which would be the most profitable for the library .
The placement of Google products ahead of competitors as well as the answers it displays on it search page have led to lawsuits as well as regulatory fines .
Several sites have stated that the move killed their revenue and hurt their company significantly .
The Markup reports that it heard from the founders of established companies and innovative startups who said they simply couldn ’ t compete when Google started placing its @ @ @ @ @ @ @ none of this is surprising coming from Google , who regularly buries sites they don ’ t agree with at the bottom of their rankings .
This is just another way they rig the system in their favor .
Unfortunately , with nine out of every 10 U.S. web searches taking place on Google , there ’ s huge potential to control what people are seeing .

by: Isabelle Z.
(Natural News) A report by The Markup based on an analysis of 15,000 popular Google searches discovered that the search engine giant allotted a remarkable 41 percent of the vital first page of search results to a mix of its own sites and “Direct Answers” that are hosted by Google.
Google’s Direct Answers are snippets that are populated with information that it scrapes from other sources, which means users do not need to leave Google’s page to get the answers to their questions. This info is often scraped without the source’s consent or knowledge and costs the source valuable traffic.
In addition, when looking at the top 15 percent of the first page of search results alone, which represents what would fill the first screen seen on an iPhone X, the figure climbed from 41 to 63 percent. In 20 percent of the searches, not a single link to an external website appeared on the first screen.
In their report about the rigged searching system, The Markup gave the example of a search for “myocardial infarction.” When this term was entered into the search engine, Google provided results that included Google’s dictionary definition of the phrase, a box called “People also ask” that can be expanded to see the answers to related questions while remaining on the search results page, an abridged encyclopedia entry with different links known as a Knowledge Panel, and a carousel called Related Conditions that leads to Google searches for different diseases.
All of these results were displayed ahead of search results from more reputable sources of medical information like Harvard University, Medscape and WebMD. The Markup added that users need to scroll nearly halfway down the page in order to even view the first organic result for the search.
This is a huge contrast to the early years of the search engine, when people would type in their terms and get a page with 10 blue links that would lead them to different websites.
Google’s tactics are making them a lot of enemies
The news comes as top executives from Big Tech companies such as Google, Facebook, Amazon and Apple are appearing before Congress to talk about the dominance of their platforms within the tech industry. Fifty U.S. attorneys general are investigating Google’s ads and search businesses for anti-trust violations, while the Department of Justice is expected to file an anti-trust lawsuit against the search giant soon.
We are primarily funded by readers. Please subscribe and donate to support us!
One example of the effects of Google placing its own products on the search page can be seen in the case of Google Flights and Google Hotels. In the nine years since the launch of these features, they have become market leaders, attracting nearly twice as many American site visits last year as their biggest competitors, Booking.com and Expedia.com. This is despite the fact that Google Flights does not always display all of the options that are available to people.
In an anti-trust investigation by the European Commission, internal emails between Google staffers were uncovered that discussed the need for them to position their own comparison-shopping product at the beginning of the search results in order to get more traffic. This move saw the traffic to their product more than double from 4 to 10 million visits. One expert likened this to going to the library and having the card catalog show you which book you should get according to which would be the most profitable for the library.
The placement of Google products ahead of competitors as well as the answers it displays on it search page have led to lawsuits as well as regulatory fines. Several sites have stated that the move killed their revenue and hurt their company significantly. The Markup reports that it heard from the founders of established companies and innovative startups who said they simply couldn’t compete when Google started placing its own products first.
Of course, none of this is surprising coming from Google, who regularly buries sites they don’t agree with at the bottom of their rankings. This is just another way they rig the system in their favor. Unfortunately, with nine out of every 10 U.S. web searches taking place on Google, there’s huge potential to control what people are seeing.
Sources for this article include:
Breitbart.com
TheMarkup.org


investmentwatchblog--2020-08-02--Denied Denied Denied! Everyone Gets Denied!

Sales are WAY DOWN , but , that ’ s not the shit part .
In the past 2 months @ @ @ @ @ solar systems .
Out of 9 systems , ONLY 2 WERE GIVEN LOANS !
Out @ @ @ @ @ could not get financed , only 2 of those people had questionable credit .
One @ @ @ @ @ score and makes 200K per year and was denied a $ 30,000 loan .
I @ @ @ @ @ time working up proposals for nothing .

by AC
I sell Solar Systems to residential customers.
Sales are WAY DOWN, but, that’s not the shit part.
In the past 2 months I managed to sell 9 solar systems.
Out of 9 systems, ONLY 2 WERE GIVEN LOANS!
We are primarily funded by readers. Please subscribe and donate to support us!
Out of the 7 systems that could not get financed, only 2 of those people had questionable credit.
One guy had a 777 credit score and makes 200K per year and was denied a $30,000 loan.
Another 750 score, 175K/year… denied
DENIED DENIED DENIED.
I’m spending all my time working up proposals for nothing.


investmentwatchblog--2020-08-01--Big Tech is making sure people don’t hear about the deadly downsides of vaccines

( Natural News ) Access to unlimited information is one of the biggest draws of the internet , but if Big Tech has their way , we ’ ll soon only be able to read hand-picked information that supports the liberal narrative .
Anyone who thinks this is an exaggeration only needs to take a look to what ’ s happening with Big Tech censorship on the vaccine debate .
Last month , Children ’ s Health Defense Chairman Robert F. Kennedy , Jr. reported that Facebook removed an interview on IGTV that he did with the founder of The @ @ @ @ @ @ @ mere 10 minutes after it was posted without offering any explanation .
According to Kennedy , the video did not contain any inaccuracies and was fully supported by peer-reviewed science .
Their main issue , of course , was that it contained facts that the vaccine industry does not want people to hear .
In this case , he spoke about the coronavirus vaccine and the flaws in Moderna ’ s recent trials .
This type of censorship was also seen when Facebook ’ s FactChecker program censored the producer of Vaxxed , @ @ @ @ @ @ @ vaccines contain mercury and aluminum and can cause encephalopathy .
This was somehow branded false and censored despite the fact that this information is listed in the package inserts that come with vaccines ( although patients rarely end up seeing them ) .
Bigtree was also recently deplatformed by YouTube after covering the low-cost hydroxychloroquine treatment for coronavirus that threatens Big Pharma profits .
Any type of negative talk about legitimate vaccine dangers is being labeled “ misinformation ” Kennedy wrote on the Children ’ s Health Defense site that when Democratic Congressman @ @ @ @ @ @ @ , Amazon and Google in a 2019 letter to censor what he called “ vaccine misinformation , ” it was really ” a “ euphemism for any statement that departs from official declarations by Pharma and its captured regulatory officials .
Each of these Silicon Valley tyrants is partnered in rich deals with vaccine makers .
They were therefore delighted to comply.
” He added that they are silencing the stories of mothers whose children have been injured by vaccines , along with other unapproved criticism of pharmaceuticals – powerful stories from grieving @ @ @ @ @ @ @ parents from suffering similar tragedies .
Facebook announced shortly after the Schiff letter that it would implement new policies that actively censor content that is posted on its platform that goes against the official narrative that vaccines are somehow completely safe and effective .
Schiff claimed that it ’ s Facebook ’ s job to guide users to pro-vaccine content for their own protection .
Some of the measures the social media giant put in place included banning anti-vaccine information from being promoted via recommendations or ads , and making such information less @ @ @ @ @ @ @ reduced the ranking of groups and pages that discuss the drawbacks and dangers of vaccines in their news feed and search results .
Facebook also extended this effort to Instagram , were they will no longer recommend content that includes vaccine “ misinformation ” – which is really anything that paints vaccines in a negative light , even if it is true and verifiable .
Kennedy also quoted his uncle , John F. , Kennedy , who wisely said in 1962 that American “ libraries should be open to all – except the @ @ @ @ @ @ @ facts and hear all the alternatives and listen to all the criticisms.
” Apparently Big Tech doesn ’ t agree with that stance .
They only want us to hear what they believe , and there is absolutely no room for alternatives and critics .
This type of censorship is something that should set off red flags for everyone , no matter which side they fall on in the vaccine debate .

(Natural News) Access to unlimited information is one of the biggest draws of the internet, but if Big Tech has their way, we’ll soon only be able to read hand-picked information that supports the liberal narrative. Anyone who thinks this is an exaggeration only needs to take a look to what’s happening with Big Tech censorship on the vaccine debate.
Last month, Children’s Health Defense Chairman Robert F. Kennedy, Jr. reported that Facebook removed an interview on IGTV that he did with the founder of The Autism File, Polly Tommey, a mere 10 minutes after it was posted without offering any explanation. According to Kennedy, the video did not contain any inaccuracies and was fully supported by peer-reviewed science. Their main issue, of course, was that it contained facts that the vaccine industry does not want people to hear. In this case, he spoke about the coronavirus vaccine and the flaws in Moderna’s recent trials.
This type of censorship was also seen when Facebook’s FactChecker program censored the producer of Vaxxed, Del Bigtree, when he said that vaccines contain mercury and aluminum and can cause encephalopathy. This was somehow branded false and censored despite the fact that this information is listed in the package inserts that come with vaccines (although patients rarely end up seeing them). Bigtree was also recently deplatformed by YouTube after covering the low-cost hydroxychloroquine treatment for coronavirus that threatens Big Pharma profits.
Any type of negative talk about legitimate vaccine dangers is being labeled “misinformation”
Kennedy wrote on the Children’s Health Defense site that when Democratic Congressman Adam Schiff asked the CEOs of Facebook, Amazon and Google in a 2019 letter to censor what he called “vaccine misinformation,” it was really” a “euphemism for any statement that departs from official declarations by Pharma and its captured regulatory officials. Each of these Silicon Valley tyrants is partnered in rich deals with vaccine makers. They were therefore delighted to comply.”
He added that they are silencing the stories of mothers whose children have been injured by vaccines, along with other unapproved criticism of pharmaceuticals – powerful stories from grieving families that could very well spare other parents from suffering similar tragedies.
Facebook announced shortly after the Schiff letter that it would implement new policies that actively censor content that is posted on its platform that goes against the official narrative that vaccines are somehow completely safe and effective. Schiff claimed that it’s Facebook’s job to guide users to pro-vaccine content for their own protection. Some of the measures the social media giant put in place included banning anti-vaccine information from being promoted via recommendations or ads, and making such information less prominent in search results. They also reduced the ranking of groups and pages that discuss the drawbacks and dangers of vaccines in their news feed and search results.
We are primarily funded by readers. Please subscribe and donate to support us!
Facebook also extended this effort to Instagram, were they will no longer recommend content that includes vaccine “misinformation” – which is really anything that paints vaccines in a negative light, even if it is true and verifiable.
Kennedy also quoted his uncle, John F., Kennedy, who wisely said in 1962 that American “libraries should be open to all – except the censor. We must know all the facts and hear all the alternatives and listen to all the criticisms.”
Apparently Big Tech doesn’t agree with that stance. They only want us to hear what they believe, and there is absolutely no room for alternatives and critics. This type of censorship is something that should set off red flags for everyone, no matter which side they fall on in the vaccine debate.
Sources for this article include:
ChildrensHealthDefense.org
Wired.com
NaturalNews.com


investmentwatchblog--2020-08-01--Ancient Treasures found inside sunken ship worth a billion.

Over the years , many of these amazing treasures were discovered by accident .

Over the years, many of these amazing treasures were discovered by accident.
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investmentwatchblog--2020-08-01--Judge order Kim Gardner to turn over communications with Soros

This week , a St. Louis judge ordered Kim Gardner to hand over all communications related to her decision to @ @ @ @ @ , a case she later dropped because of lack of evidence .
Gardner is under @ @ @ @ @ in the case against Greitens .
The sunshine request , brought by Just the News @ @ @ @ @ presented to St. Louis Circuit Attorney Kim Gardner last July .
The query sought the @ @ @ @ @ a half years ’ worth of communications between Gardner , her staff , and numerous @ @ @ @ @ , the Missouri Workforce Housing Association , state Representatives Stacy Newman and Jay Barnes , @ @ @

This week, a St. Louis judge ordered Kim Gardner to hand over all communications related to her decision to charge Missouri Governor Eric Greitens, a case she later dropped because of lack of evidence. Gardner is under active criminal investigation for activity in the case against Greitens.
The sunshine request, brought by Just the News founder John Solomon, was presented to St. Louis Circuit Attorney Kim Gardner last July. The query sought the release of roughly two and a half years’ worth of communications between Gardner, her staff, and numerous individuals such as George Soros, the Missouri Workforce Housing Association, state Representatives Stacy Newman and Jay Barnes, and others.
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AC


investmentwatchblog--2020-08-01--So what happens when 10% of america loses their home or apartment?

Is this what a collapse looks like ?
After the GDP numbers from yesterday Im starting to get worried that we are see a purposeful dismantling of America .
A surge in evictions could lead to a financial crisis • A surge in rental property evictions could have a domino effect on the broader housing market and economy , Tendayi Kapfidze , chief economist at LendingTree , told CNBC .
• “ This really could be catastrophic , and it extends beyond just the rental industry ” and could “ affect the single-family housing market and the economy as a @ @ @ @ @ @ @ The Exchange.
” • Kapfidze called for the federal government to take action to halt evictions during the coronavirus pandemic and extend special unemployment benefits to prevent a further breakdown in the economy .
The U.S. economy will face great risk if lawmakers do not step up and stave off a looming , far-reaching eviction crisis , an economist with mortgage aggregator LendingTree told CNBC on Friday .
With eviction moratoriums lifting across the country , landlords could eventually default on mortgages and the coronavirus pandemic could worsen in the country if tens @ @ @ @ @ @ @ of their homes in the midst of a tough economy , said Tendayi Kapfidze , chief economist at LendingTree .
“ This really could be catastrophic , and it extends beyond just the rental industry , ” he said in an interview on “ The Exchange.
” “ It could actually affect the single-family housing market and the economy as a whole.
” Nearly 2-in-5 tenants across the country , particularly low-wage workers , are in danger of being served eviction notices , according to analysis from Stout Risius Ross , an investment @ @ @ @ @ @ @ especially vulnerable .
While half of White renters project that they can cover rent , just more than a quarter of Black renters feel the same , according to the study .

by MakeItRainSheckels
Is this what a collapse looks like? After the GDP numbers from yesterday Im starting to get worried that we are see a purposeful dismantling of America.
A surge in evictions could lead to a financial crisis
A surge in rental property evictions could have a domino effect on the broader housing market and economy, Tendayi Kapfidze, chief economist at LendingTree, told CNBC.
“This really could be catastrophic, and it extends beyond just the rental industry” and could “affect the single-family housing market and the economy as a whole,” he said on “The Exchange.”
Kapfidze called for the federal government to take action to halt evictions during the coronavirus pandemic and extend special unemployment benefits to prevent a further breakdown in the economy.
The U.S. economy will face great risk if lawmakers do not step up and stave off a looming, far-reaching eviction crisis, an economist with mortgage aggregator LendingTree told CNBC on Friday.
We are primarily funded by readers. Please subscribe and donate to support us!
With eviction moratoriums lifting across the country, landlords could eventually default on mortgages and the coronavirus pandemic could worsen in the country if tens of millions of renters are put out of their homes in the midst of a tough economy, said Tendayi Kapfidze, chief economist at LendingTree.
“This really could be catastrophic, and it extends beyond just the rental industry,” he said in an interview on “The Exchange.” “It could actually affect the single-family housing market and the economy as a whole.”
Nearly 2-in-5 tenants across the country, particularly low-wage workers, are in danger of being served eviction notices, according to analysis from Stout Risius Ross, an investment consulting firm. People of color are especially vulnerable. While half of White renters project that they can cover rent, just more than a quarter of Black renters feel the same, according to the study.


investmentwatchblog--2020-08-01--The Art of Money Laundering

The Art of Money Laundering

Who would pay so much for a piece of art ?
At the time , it was unclear who the mystery buyer was .
There was speculation it could be Jeff Bezos , maybe hedge fund billionaire Ken Griffin , was it a Chinese Billionaire ?
It turns out it was one of the Saudis .
Specifically , a relatively little-known member of the Saudi royal family , Prince Bader bin Abdullah bin Mohammed bin Farhan al-Saud , the Minister of Culture of Saudi Arabia .
He is also a close friend of Saudi Crown Prince Mohammed bin Salman .
@ @ @ @ @ @ @ been installed on Saudi Crown Prince Mohammed bin Salman ’ s superyacht , which is worth around half a billion dollars itself .
Quite the flex… According to a joint report by UBS and art fair organizer Art Basel , global sales of art and antiques reached an estimated $ 64.1 billion in 2019 .
The US , UK and China accounted for 82 % of the value of global sales in 2019 .
The US was the largest market worldwide , accounting for 44 % of global sales by value .
In @ @ @ @ @ @ @ 20 % of the global sales by value .
China accounted for 18 % of the global sales by value .
Clearly , there is a lot of money flying about in the art world .
But this discussion isn ’ t about Saudi trillionaires and their billionaire friends paying half a B for a painting , this is about cleaning dirty laundry… DISCLAIMER : THIS IS FOR ENTERTAINMENT PURPOSES ONLY , AND DOES NOT CONSTITUTE MONEY LAUNDERING ADVICE .
ALWAYS CONSULT A TOP NOTCH TEAM OF LAWYERS AND ACCOUNTING EXPERTS WHEN LOOKING @ @ @ @ @ @ @ : John Doe is an art dealer .
He persuades his friends Alice and Bob to buy works by an up and coming young artist , for $ 2 million each , on the understanding that they will be a good investment .
Step 2 : Over the next few years , John Doe uses his position to hype the artist .
He hires people to write about the artist in academic journals , organises exhibitions , helps the artist to ‘ win ’ prizes , etc .
Step 3 : John Doe @ @ @ @ @ @ @ works into auctions , and bids the prices up with the help of friends .
As he is ultimately buying from himself , the only cost is the auctioneer ’ s commission .
Step 4 : Ten years later , Alice and Bob own works that are worth , on paper at least , $ 10 million .
Step 5 : In the meantime , Alice has just pulled off the real estate deal of a lifetime , and made a huge profit .
Unfortunately , she now owes the IRS $ 10 @ @ @ @ @ @ @ to donate the painting to her local modern art museum .
The trustees are happy to state it ’ s value at $ 10 million .
The IRS accepts the valuation and allows Alice to write of her $ 10 million tax bill .
She is now a noted philanthropist , and she gets a wing of the museum named after her .
Step 7 : Bob , on the other hand , isn ’ t doing so well .
He needs cash quick , but he can ’ t sell his painting @ @ @ @ @ @ @ isn ’ t worth very much without John Doe manipulating the price .
Step 8 : Bob goes to his bank and asks for a loan , using the painting as collateral .
However , the bank wants an independent assessment of its value , so they ask a world expert on this particular artist – John Doe .
John Doe confirms that , based on previous auction prices , it ’ s worth $ 10 million .
Step 9 : The bank agrees to lend Bob 70 % of the value – @ @ @ @ @ @ @ So Alice has saved herself $ 10 million in taxes from an initial outlay of $ 2 million .
And Bob has got himself $ 7 million to play with from an initial outlay of $ 2 million .
At the end of the day , Paint a bunch of pieces of paper green and claim they ’ re worth as much as a house , or a mansion , or even a super-yacht .
Disclaimer : This is a guest post and it doesn ’ t necessarily represent the views of IWB @

by financeoptimum
$450 million.
Who would pay so much for a piece of art?
At the time, it was unclear who the mystery buyer was.
There was speculation it could be Jeff Bezos, maybe hedge fund billionaire Ken Griffin, was it a Chinese Billionaire?
Well, no…
It turns out it was one of the Saudis.
Specifically, a relatively little-known member of the Saudi royal family, Prince Bader bin Abdullah bin Mohammed bin Farhan al-Saud, the Minister of Culture of Saudi Arabia.
He is also a close friend of Saudi Crown Prince Mohammed bin Salman.
In fact, the artwork has reportedly been installed on Saudi Crown Prince Mohammed bin Salman’s superyacht, which is worth around half a billion dollars itself. Quite the flex…
According to a joint report by UBS and art fair organizer Art Basel, global sales of art and antiques reached an estimated $64.1 billion in 2019.
The US, UK and China accounted for 82% of the value of global sales in 2019.
The US was the largest market worldwide, accounting for 44% of global sales by value.
In second place, the UK accounted for 20% of the global sales by value.
China accounted for 18% of the global sales by value.
Clearly, there is a lot of money flying about in the art world.
But this discussion isn’t about Saudi trillionaires and their billionaire friends paying half a B for a painting, this is about cleaning dirty laundry…
We are primarily funded by readers. Please subscribe and donate to support us!
DISCLAIMER: THIS IS FOR ENTERTAINMENT PURPOSES ONLY, AND DOES NOT CONSTITUTE MONEY LAUNDERING ADVICE. ALWAYS CONSULT A TOP NOTCH TEAM OF LAWYERS AND ACCOUNTING EXPERTS WHEN LOOKING TO LAUNDER MONEY PROFESSIONALLY.
Let’s begin…
Step 1: John Doe is an art dealer. He persuades his friends Alice and Bob to buy works by an up and coming young artist, for $2 million each, on the understanding that they will be a good investment.
Step 2: Over the next few years, John Doe uses his position to hype the artist. He hires people to write about the artist in academic journals, organises exhibitions, helps the artist to ‘win’ prizes, etc.
Step 3: John Doe puts some of the artist’s works into auctions, and bids the prices up with the help of friends. As he is ultimately buying from himself, the only cost is the auctioneer’s commission.
Step 4: Ten years later, Alice and Bob own works that are worth, on paper at least, $10 million.
Step 5: In the meantime, Alice has just pulled off the real estate deal of a lifetime, and made a huge profit. Unfortunately, she now owes the IRS $10 million.
Step 6: She decides to donate the painting to her local modern art museum. The trustees are happy to state it’s value at $10 million. The IRS accepts the valuation and allows Alice to write of her $10 million tax bill. She is now a noted philanthropist, and she gets a wing of the museum named after her.
Step 7: Bob, on the other hand, isn’t doing so well. He needs cash quick, but he can’t sell his painting on the open market – because it isn’t worth very much without John Doe manipulating the price.
Step 8: Bob goes to his bank and asks for a loan, using the painting as collateral. However, the bank wants an independent assessment of its value, so they ask a world expert on this particular artist – John Doe. John Doe confirms that, based on previous auction prices, it’s worth $10 million.
Step 9: The bank agrees to lend Bob 70% of the value – $7 million.
Step 10: So Alice has saved herself $10 million in taxes from an initial outlay of $2 million. And Bob has got himself $7 million to play with from an initial outlay of $2 million.

At the end of the day,
Art is like fiat currency.
Paint a bunch of pieces of paper green and claim they’re worth as much as a house, or a mansion, or even a super-yacht.
Disclaimer: This is a guest post and it doesn’t necessarily represent the views of IWB.


investmentwatchblog--2020-08-01--Twitter’s mysterious algorithms bury the Maxwell/Epstein story again

As many of you are aware , the Maxwell documents were unsealed that implicate major politicians and the contents are being censored by all of the major boards on Reddit ( worldnews , politics , news , etc . )
.Well here ’ s Twitter ’ s contribution to the suppression .
There are way more tweets about ‘ Epstein/Maxwell ’ than any other topic , yet it ’ s buried at the bottom of the ‘ Trending ’ tab on the site .
For instance , 829k tweets at 17th place vs 2.3k tweets for 3rd place .
The @ @ @ @ @ @ @ do with how much something is actually trending and is just a way for Twitter to promote what they want and suppress undesirable topics .
We see it all the time .
This image is just one of many examples .
It ’ s like , they know they have to acknowledge the buzz , but do what they can to keep it down without acting too suspicious .
Oh by the way , u/Maxwellhill hasn ’ t posted in a month .
Disclaimer : This is a guest post and it doesn @ @ @ @ @ @ @ IWB .

by Ascetic_Ideal
As many of you are aware, the Maxwell documents were unsealed that implicate major politicians and the contents are being censored by all of the major boards on Reddit (worldnews, politics, news, etc.).Well here’s Twitter’s contribution to the suppression.
There are way more tweets about ‘Epstein/Maxwell’ than any other topic, yet it’s buried at the bottom of the ‘Trending’ tab on the site. For instance, 829k tweets at 17th place vs 2.3k tweets for 3rd place. The trending tab obviously has very little to do with how much something is actually trending and is just a way for Twitter to promote what they want and suppress undesirable topics. We see it all the time. This image is just one of many examples. It’s like, they know they have to acknowledge the buzz, but do what they can to keep it down without acting too suspicious.
We are primarily funded by readers. Please subscribe and donate to support us!
Oh by the way, u/Maxwellhill hasn’t posted in a month.
Disclaimer: This is a guest post and it doesn’t necessarily represent the views of IWB.


investmentwatchblog--2020-08-01--Feinstein: China Is ‘Growing Into a Respectable Nation’

Sen. Dianne Feinstein ( D. , Calif. ) said that China is “ growing into a respectable nation ” and @ @ @ @ @ accountable for its role in the worldwide coronavirus outbreak .
( freebeacon.com ) – Sen. @ @ @ @ @ Calif. ) on Thursday said China is “ growing into a respectable nation ” and @ @ @ @ @ accountable for the coronavirus pandemic .
“ We hold China as a potential trading partner @ @ @ @ @ has pulled tens of millions of people out of poverty in a short period of @ @ @ @ @ country growing into a respectable nation amongst other nations .
I deeply believe that , @ @ @ @ @ Senate Judiciary Committee meeting… Feinstein made the remarks during a Senate Judiciary Committee meeting debating @ @ @ @ @ individuals to sue the Chinese government for its release and subsequent cover-up of the novel @ @ @ @ @ Spy working for her for 20 years !

Sen. Dianne Feinstein (D., Calif.) said that China is “growing into a respectable nation” and cautioned against holding the country accountable for its role in the worldwide coronavirus outbreak.
(freebeacon.com) – Sen. Dianne Feinstein (D., Calif.) on Thursday said China is “growing into a respectable nation” and cautioned against holding the country accountable for the coronavirus pandemic.
“We hold China as a potential trading partner, as a country that has pulled tens of millions of people out of poverty in a short period of time, and as a country growing into a respectable nation amongst other nations. I deeply believe that,” Feinstein said during a Senate Judiciary Committee meeting…
Feinstein made the remarks during a Senate Judiciary Committee meeting debating a bill that would allow individuals to sue the Chinese government for its release and subsequent cover-up of the novel coronavirus…
READ MORE:
freebeacon.com/democrats/feinstein-china-is-growing-into-a-respectable-nation/
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Related:
Dianne Feinstein had Chinese Spy working for her for 20 years!
sanfrancisco.cbslocal.com/2018/08/01/details-chinese-spy-dianne-feinstein-san-francisco/
Feinstein’s husband made millions off China.
www.thegatewaypundit.com/2018/08/coincidence-feinstein-employed-chinese-spy-for-20-years-as-her-husband-raked-in-millions-in-chinese-business/
h/t Fist


investmentwatchblog--2020-08-01--Only 247 People Watch Joe Biden Attempt to Read a Teleprompter in His Basement

77-year-old Joe Biden is hiding in his Delaware basement again .
Biden spoke at AFT Union ’ s virtual convention @ @ @ @ @ plans to do to support teachers and educators .
Only 247 people were watching the @ @ @ @ @ into the event .
Biden this week actually claimed over 340 million people have watched @ @ @ @

77-year-old Joe Biden is hiding in his Delaware basement again.
Biden spoke at AFT Union’s virtual convention on Thursday about what he plans to do to support teachers and educators.
Only 247 people were watching the livestream on YouTube several minutes into the event.
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Biden this week actually claimed over 340 million people have watched his livestream events.
247 people are watching Joe Biden attempt to read the teleprompter in his basement pic.twitter.com/XAGfwZ6lIN — Trump War Room – Text TRUMP to 88022 (@TrumpWarRoom) July 30, 2020
www.cuzzblue.com/2020/07/only-247-people-are-watching-joe-biden.html
AC


investmentwatchblog--2020-08-01--My Home, Maggie Valley, NC, Has Been Chosen As A Target By Black Lives Matter

As I write this , approximately 150 Black Lives Matter protesters are marching upon our sleepy little tourist town in the hills of Western North Carolina .
This will be there second trip here .
I will be posting an article about their first protest here in the Valley .
I imagine they chose Maggie , as we never have trouble here .
We are a peaceful community of believers , who only seek the best for one another regardless of skin color .
I am not going to lie and say a I do not resent this invasion by @ @ @ @ @ @ @ We have enough trouble and unrest in this Country right now without this .
Due to the Covid – 19 upheaval , there are people who could be evicted from their homes .
And as I just read , there are no easy answers .
If a landlord does not receive rent money , he can not pay taxes on his property .
Our businesses are suffering greatly here , as without tourists we have no businesses .
Do you think our protesters might be interested in purchasing a carved black bear statue @ @ @ @ @ @ @ I think not .
Below is an article from a local newspaper .
Two weeks after a Black Lives Matter march in Maggie Valley turned volatile between protesters and counter-protesters , organizers are set for a second event as the small tourist town looks to avoid another clash .
Dylan Davis , 18 , one of the organizers of the event said protesters will meet Aug. 1 at 2 p.m. at the town hall park and march to the fire station and back , a distance of over two miles .
Davis , @ @ @ @ @ @ @ Canton and Waynesville , said they were caught off guard by the number of counter-protesters during the first protest July 18 .
It was our first time dealing with that and we didn ’ t have the best plan to handle it , ” Davis said .
We ’ ve all agreed that engaging ( the counter-protesters ) should not have happened , especially coming from people trying to be peaceful , ” he said .
“ It did not give out the right message .
They have just as much right to @ @ @ @ @ @ @ posted on social media showed marchers encountering enraged counter-protesters , who waved American , Confederate , Trump and thin blue line flags and heckled protesters as they walked past them .
At the Holiday Motel , a spot where many counter-protesters waited , its sign read , “ BLM incites violence .
All lives matter .
One love — all humanity.
” When the marching stopped , the protesters were approached by several counter-protesters , some of which had to be restrained by police .
Maggie Valley police officers were overwhelmed by the @ @ @ @ @ @ @ from the Waynesville Police Department and the Haywood County Sheriff ’ s Office .
Both offices will again assist during Saturday ’ s demonstration .
“ Whatever they ( Maggie Valley PD ) requests we will lend a hand , ” said Haywood County Chief Deputy Jeff Haynes .
“ Anytime a situation occurs like this , we want what is best for everyone .
Safety is our primary concern.
” Both offices will again assist during Saturday ’ s demonstration .

By – Pamela Williams
As I write this, approximately 150 Black Lives Matter protesters are marching upon our sleepy little tourist town in the hills of Western North Carolina. This will be there second trip here.
I will be posting an article about their first protest here in the Valley. I imagine they chose Maggie, as we never have trouble here. We are a peaceful community of believers, who only seek the best for one another regardless of skin color. I am not going to lie and say a I do not resent this invasion by these people, as I do. We have enough trouble and unrest in this Country right now without this.
Due to the Covid – 19 upheaval, there are people who could be evicted from their homes. And as I just read, there are no easy answers. If a landlord does not receive rent money, he cannot pay taxes on his property. Our businesses are suffering greatly here, as without tourists we have no businesses.
Do you think our protesters might be interested in purchasing a carved black bear statue from a local artist? Somehow, I think not.
Below is an article from a local newspaper.
QUOTE
www.citizen-times.com/
Two weeks after a Black Lives Matter march in Maggie Valley turned volatile between protesters and counter-protesters, organizers are set for a second event as the small tourist town looks to avoid another clash.
Dylan Davis, 18, one of the organizers of the event said protesters will meet Aug. 1 at 2 p.m. at the town hall park and march to the fire station and back, a distance of over two miles.
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Davis, who also participated in peaceful marches in Canton and Waynesville, said they were caught off guard by the number of counter-protesters during the first protest July 18.
It was our first time dealing with that and we didn’t have the best plan to handle it,” Davis said.
We’ve all agreed that engaging (the counter-protesters) should not have happened, especially coming from people trying to be peaceful,” he said. “It did not give out the right message. They have just as much right to be there as we did.”
Videos posted on social media showed marchers encountering enraged counter-protesters, who waved American, Confederate, Trump and thin blue line flags and heckled protesters as they walked past them.
At the Holiday Motel, a spot where many counter-protesters waited, its sign read, “BLM incites violence. All lives matter. One love — all humanity.”
When the marching stopped, the protesters were approached by several counter-protesters, some of which had to be restrained by police. Maggie Valley police officers were overwhelmed by the scene and more officers were called in from the Waynesville Police Department and the Haywood County Sheriff’s Office.
Both offices will again assist during Saturday’s demonstration.
“Whatever they (Maggie Valley PD) requests we will lend a hand,” said Haywood County Chief Deputy Jeff Haynes. “Anytime a situation occurs like this, we want what is best for everyone. Safety is our primary concern.”
Both offices will again assist during Saturday’s demonstration.
END OF QUOTE