I will say it again, the SEC almost never ends frauds (enron, theranos, many more). The market ends them and then the SEC and DOJ come in after the crash and hang the corpse.— Coyoteblog (@Coyoteblog) December 10, 2018
"By creating a bubble in sovereign bonds, the bedrock of the current financial system, Central Banks created a bubble in EVERYTHING.— Abner Doon (@Aenbrnood) November 25, 2018
A global recession pic.twitter.com/OVbOZ8407Y— zerohedge (@zerohedge) December 10, 2018
Good point! https://t.co/sOZtpMrYoW— Scott Adams (@ScottAdamsSays) December 9, 2018
17 year parabolic structure has broken in the Nasdaq. pic.twitter.com/y8ezNM2Vpd— Contrarian Investors (@lincolnsamelson) December 10, 2018
Until the next hail Mary artificially imposed stimulus, announced or not. https://t.co/gMnZBosAy8— Abner Doon (@Aenbrnood) December 10, 2018
this does not look good pic.twitter.com/A7aw5zVBzU— Alastair Williamson (@StockBoardAsset) December 10, 2018
In the 80s everyone from the top to bottom of Soviet society knew it wasn’t working, knew it was corrupt, knew the bosses were looting the system, knew the politicians had no alternative vision. And they knew the bosses knew they knew that. Everyone knew it was fake"— Abner Doon (@Aenbrnood) December 10, 2018
Since margin debt is a function of the value of the underlying “collateral,” the forced sale of assets will reduce the value of the collateral further triggering further margin calls. Those margin calls will trigger more selling forcing more margin calls, so forth and so on."— Abner Doon (@Aenbrnood) December 3, 2018
Dr. Alpern, the dean of the Yale School of Medicine, writing on an experimental kidney drug, failed to disclose he was on the board of the company producing it. When journalists approached the publisher of the article, its editor found all 12 authors had undisclosed interests"— Abner Doon (@Aenbrnood) December 10, 2018
The elites have gone too far. The costs of the 2008 financial crash have been met by ordinary people, not the greedy bankers & financial spivs who caused it. The people have had enough of austerity & falling/stagnant wages. What’s happening in #France now is only the start.— Neil Clark (@NeilClark66) December 3, 2018
"A huge proportion of scientists and doctors publishing in major medical magazines continue to conceal ties to corporations relevant to their research, while punishment for not declaring interests remains weak— Abner Doon (@Aenbrnood) December 10, 2018
Credit Suisse's systemic risk score reaches the highest since 2006/2007. pic.twitter.com/NYjPB4w1pg— Tracy Alloway (@tracyalloway) December 2, 2018
Bloomberg has gathered 14 forecasts for 2019 from the firms it tracks, and so far the average prediction is for the S&P 500 to rise 11 percent to 3,056 by the end of next year, the most optimistic call since the bull market began in 2009. https://t.co/N1C2qPwEyL ht @trevornoren pic.twitter.com/RMyUyuzkvG— Jesse Felder (@jessefelder) December 2, 2018
Comey confirmed the FBI could not verify the dossier submitted by Fusion GPS hired Christopher Steele, paid by the Hillary Clinton campaign and the DNC, used as the foundation of a spy warrant application to surveil the Trump campaign."— Abner Doon (@Aenbrnood) December 10, 2018
“Sometimes Wall Street grumbling about, ‘Anti-business…'” Obama said. ‘Have you checked where your stocks were when I came in office, and where they are now?’ What what are you talking, what are you complaining about?” “Just say thank you, please,” Obama told the bankers.— Abner Doon (@Aenbrnood) December 2, 2018
Bush Pardons 6 in Iran Affair, Aborting a Weinberger Trial; Prosecutor Assails 'Cover-Up' https://t.co/8i6aF6bDOC— Abner Doon (@Aenbrnood) December 10, 2018
Progressives Pull Back the Curtain on Congress’ Corporate Influence https://t.co/pTwWWBhOwi— Abner Doon (@Aenbrnood) December 10, 2018
Coverage of George H.W. Bush’s death proves that Noam Chomsky’s media theory is completely true… https://t.co/Sfq2KpM2tC— Abner Doon (@Aenbrnood) December 10, 2018
the U.S. investment-grade corporate-bond market is now riskier than it was before each recession since 1981 and possibly all prior downturns through the late 1940s"— Abner Doon (@Aenbrnood) November 25, 2018
Investigative report shines light on philanthropic foundation's use of offshore investments to raise money @SayYesEducation https://t.co/8JDwCvRYUv via @physorg_com— Abner Doon (@Aenbrnood) December 10, 2018
German 10-year yield vs. Fed Funds rate just reached a fresh 29-year low today!— Otavio (Tavi) Costa (@TaviCosta) November 23, 2018
Since my previous post from Oct 25th this spread just keeps getting lower, and it’s now -191bps.
Again, lookout! It happened before the last 3 recessions. pic.twitter.com/gck5IbfWfS
It's overwhelmingly likely to be too late. https://t.co/dsu9XN11pM— Abner Doon (@Aenbrnood) December 10, 2018
If you've ever worked a normal job, you understand the incentives to please your bosses and to avoid displeasing them, and that some behaviours lead to promotion where others dead-end your career. So you can see why reporters of the plutocrat-owned media act like propagandists.— Caitlin Johnstone ⏳ (@caitoz) December 9, 2018
Humans are the most trainable animals. We are not less, but more trained than our pets.— Bo Winegard (@EPoe187) December 9, 2018
Ned Davis Research Global Recession Indicator is now very much in the danger zone. Further note that it is still heading in a northerly direction. https://t.co/z0zRO6IiX4 pic.twitter.com/s6Wbz9yLda— Jesse Felder (@jessefelder) December 1, 2018
The ECB has more than doubled its balance sheet since 2014 but GDP growth has fallen off a cliff since summer 2017 pic.twitter.com/xTDi418ePy— Sven Henrich (@NorthmanTrader) December 9, 2018
We live under a plutocracy of wealth and government as one, otherwise known as Mussolini style fascism, masquerading as democracy in a republic. There is not much democracy when most are conditioned to believe targeted messaging by the same powers who control the government.— Abner Doon (@Aenbrnood) December 9, 2018
Oil prices also tend to lead the broad economic cycle" pic.twitter.com/MlEoMTw1Pt— Abner Doon (@Aenbrnood) November 25, 2018
Truth level = Absolute https://t.co/K6o817OP4p— Limerick King (@TheLimerickKing) December 1, 2018
Total non-mortgage consumer debt is now 60% higher than in 2008; about to hit $4T.— Simon Mikhailovich (@S_Mikhailovich) December 1, 2018
Infographic: LT Debt November - chart 1 - https://t.co/zXkDbfbGn0
Don't fight against factionalised power. It's a distraction.— Suzie Dawson (@Suzi3D) November 22, 2018
Fight against centralised power.
Centralised power operates regardless of who you voted for. They have their fingers in every pie and corrupt our societies from their very core.
Fight the system, not its minions.
What's it like to lie to your readers @themotleyfool @TMFUltraLong? "some folks have postulated that Social Security's cash shortfall is derived from Congress continually borrowing money from the program's asset reserves. This is completely false" https://t.co/M5Iw4wk5UW— Abner Doon (@Aenbrnood) December 9, 2018
If less than 1% of at least 15,000 professional American Economists foresaw the last financial crisis, and many work to keep investors invested for their industry paymasters, should most financial industry prognosticators be relied on for anything?— Abner Doon (@Aenbrnood) December 9, 2018
DHL will invest $300 million to quadruple robots in warehouses in 2019 https://t.co/Mo6gXNiz6F via @VentureBeat— Abner Doon (@Aenbrnood) December 1, 2018
U.S. Housing Bubble 2.0 Is Starting To Deflate: https://t.co/JqdH2ppUii @wolfofwolfst $XHB $WFC pic.twitter.com/dDyoEMY6bs— Jesse Colombo (@TheBubbleBubble) November 30, 2018
"the demise of the real news reporting by our city and regional papers is a product of their profiteering owners...the hucksters who’ve scooped up hundreds of America’s newspapers from the bargain bins of media sell-offs.— Abner Doon (@Aenbrnood) December 1, 2018
Where would US equities be without $2.5T of debt-funded (QE 2010-16 corporate debt issuance) and "tax cut" (Trump 2017-18) funded stock buybacks??? We're in the process of finding out now... https://t.co/vRZ5wuilu0— Lawrence McDonald (@Convertbond) December 9, 2018
The bigger the artificial stimulant = The larger the snap back when the siht hits the fan— Abner Doon (@Aenbrnood) December 9, 2018
"The various 'populist' movements of the last few years, whether on the left or the right, have had ONE root cause: They are a backlash against a decade of being bled by banks & other parasites, both corporate and governmental.— Abner Doon (@Aenbrnood) December 9, 2018
The 'elite', or what ever you want to call them, have sucked the lifeblood out of the economy with the help of most elected officials to the detriment of most of what used to be the middle class pic.twitter.com/oeAgoFcwfv— Abner Doon (@Aenbrnood) December 9, 2018
Economic Impact Studies: How Special Interests Tell Public Interest Stories https://t.co/xysKaxYszJ— Abner Doon (@Aenbrnood) December 9, 2018
Guardian has not pushed its fake “Manafort held secret meetings with Assange” story since being published Tuesday. This is surely because it knows it is fabricated. This is serious. Are no Guardian journalists raising alarm bells? Your paper is *fabricating stories*. https://t.co/OHEeG1FFUl— Mark Curtis (@markcurtis30) December 1, 2018
It's "inflate or die" time soon for the #Fed. All it takes is the next leg down of this #crash, the main event. Return to #QE inevitable and sooner than you think. The alternative is collapse. Trump won't allow that. No President would. But let's enjoy the bear market rally first— David Brady, CFA (@GlobalProTrader) November 28, 2018
Exactly.— MarkGB (@MarkGBblog) December 7, 2018
The bankers, along with the corporations & politicians who profit from the scam that we call 'the banking system'...should be aware that a growing number of people know how the game works. Pleading 'mistake' will not work next time. https://t.co/lNS7LC51zE
American health care isn't capitalism, but Muzzolini fascism https://t.co/C1pDZvl8Xe— Abner Doon (@Aenbrnood) December 7, 2018
Until the next massive central bank 'printing intervention, and the back up till infinity and beyond. Emerging markets hyperinflation first. https://t.co/8IlDH4hiFw— Abner Doon (@Aenbrnood) December 7, 2018
28th November 1994:— Nostradummarse (@nostradummarse) December 2, 2018
Jeffrey Dahmer passed away today. Jeffrey was known for his gardening skills, passion for life & taste for humanity. Jeffrey once lent his neighbor a cup of sugar, such was the man. He will be sorely missed. #GeorgeHWBush tributes are complete Bullshit!
and now the market is trying to correct TO FAIR VALUE.— OCCUPY WISDOM (@OccupyWisdom) December 6, 2018
Nobody knows what FAIR VALUE actually is, because the distortions are at least ten years old.
Further attempts at tinkering will only produce more amplified distortions and possibly more severe consequences.
A free market’s only purpose is to DETERMINE FAIR VALUE of all assets and risk.— OCCUPY WISDOM (@OccupyWisdom) December 6, 2018
Free market economies are complex systems.
Tinkering with, and intentionally distorting a complex system produces unintended consequences that are non-linear.
The system has been tinkered with
How did he bring a million people back to life, rebuild Iraq, convince Middle Eastern terrorist factions to disband, undo the Patriot Act, dissolve the so-called "war on terror", and reverse US military expansionism with a single address? https://t.co/khXamPKRYX— Caitlin Johnstone ⏳ (@caitoz) December 5, 2018
Coming from a non political background I naively thought being a MP was about making a difference to people’s lives. Today I saw the reality. Not sure there is even democracy in this country anymore. The powerful elite seem to know best and openly mock the rest of us.— Maria Caulfield MP (@mariacaulfield) December 4, 2018
No matter how many tears George W Bush sheds for his dad, no matter how many mints he gives Michelle Obama, no matter how un-like Trump the TV says he is, he will still be the man who killed a million people and dragged us into a new age of surveillance and military expansionism.— Caitlin Johnstone ⏳ (@caitoz) December 5, 2018
Someone broke into my car this morning. I briefly thought about filing a police report. But then I remembered that it’s still dark outside and there is a high likelihood of me getting shot when the cops pulled up to see a black man next to a car that had been broken into.— Niko House (@nikoCSFB) December 4, 2018
"Whoever controls the narrative controls the world"— Abner Doon (@Aenbrnood) December 4, 2018
First remove all protections for insurance and healthcare(I.e.drug companies). Let the marketplace reduce costs. Then let’s see what we have. Otherwise costs will skyrocket as the protected feed at the gov’t trough.— Michael Thomas (@mikethomas361) November 24, 2018
The truth is what whoever has the power to say it is says it is."— Abner Doon (@Aenbrnood) December 4, 2018
The Community Foundation of Greater Greensboro asks its donors to "bunch" 2018 donations without disclosing much of the money could be forcibly allocated to Greensboro's new Steven Tanger Center for the Performing Arts https://t.co/3iLiBQ7H4z— Abner Doon (@Aenbrnood) December 4, 2018
I know I'm a broken record on this, but it really is disturbing how every mass media outlet immediately transforms into a cliche-spouting groupthink factory the moment high-profile political figures die. All critical thinking, skepticism, and debate are essentially prohibited— Michael Tracey (@mtracey) December 3, 2018
Following the war, Bush encouraged Iraq’s Kurds & Shia to rise up against Saddam. It then stood aside, allowing Saddam’s military to slaughter 60,000 Iraqi Shia & 20,000 Kurds (forcing another 2 million Kurds to become refugees).— American Values (@Americas_Crimes) December 2, 2018
If you didn’t know any better, you might imagine there was some collusion going on here. pic.twitter.com/xp0wLq2MIy— The Myth of Capitalism (@myth_capitalism) November 28, 2018
One takeaway is that the Washington Post hired a loyalist advocate of beheading political prisoners from an oppressed sect, then marketed him as a pro-democracy activist. Context matters.— Max Blumenthal (@MaxBlumenthal) November 26, 2018
Chart of doom: Smart Money Index - leading indicator for S&P500 - has collapsed. Index measures tendency for smart investors to sell into usual initial euphoria at mkt open & buy position back in 30 mins before close. Doesn't work when BEARS begin to dominate market. (via SG) pic.twitter.com/ZZ5FUjm6jF— Holger Zschaepitz (@Schuldensuehner) November 26, 2018
Another leading indicator spells trouble for the stock market: Shares of Sotheby's, which had predicted every crisis in the past decades, have lost 34% from this year's all-time high. pic.twitter.com/E9U1RlW0la— Holger Zschaepitz (@Schuldensuehner) November 26, 2018
fantastic piece by @DLeonhardt on the monopolization of our economy— steve hilton (@SteveHiltonx) November 26, 2018
features great work by @matthewstoller @superwuster @openmarkets
David calls for a new political movement to fight monopoly power:
totally agree - see Ch 3 of #PositivePopulism!https://t.co/riJ08Yeelt
Monopolization has wrecked rural societies, taken their youth, and poisoned their people with drugs. Oh and closed a lot of their hospitals. This isn’t hard to understand.— Matt Stoller (@matthewstoller) November 26, 2018
FTC, Justice Department, SEC, & Senate Commerce Committee—all must investigate Facebook. Privacy commitments, deceptive & misleading practices, shareholder disclosure, antitrust—everything must be on the table.— Richard Blumenthal (@SenBlumenthal) November 25, 2018
every time oil prices crash like this - a slowdown comes, and central banks bail out the world in a synchronized fashion - this time it might be harder pic.twitter.com/PEwhDa4IwX— Alastair Williamson (@StockBoardAsset) November 23, 2018
We should all push this question very aggressively. Liberal empire lackeys still haven't come up with an answer for it. https://t.co/VuO6wWuPoU— Caitlin Johnstone ⏳ (@caitoz) November 23, 2018
China is an increasingly scary place. https://t.co/kV3yXYkKgv— Matt Stoller (@matthewstoller) November 23, 2018
The U.S. is about to finish the financial crisis and Great Recession that began in 2008. The Fed merely succeeded in interrupting the market's cure for 10 years while allowing the underlying disease to get much worse. As a result, the relapse will be far more severe!— Peter Schiff (@PeterSchiff) November 20, 2018
On Richard Barron's garbage journalism regarding Roy Carroll and his parking deck taxpayer give away https://t.co/6wiPT6hVpZ— Abner Doon (@Aenbrnood) November 19, 2018
•Holocaust was legal— ℃hris™️ (@crystalline_02) November 17, 2018
-People who hid Jews were criminals
•Slavery was legal
-People who freed slaves were criminals
•Segregation was legal
-People who stood up for equality and justice were criminals
Our government and laws aren’t a guide to human decency and morality.
You know whats causing this early cold weather?— Bill Mitchell (@mitchellvii) November 16, 2018
Its not global warming or cooling. It's a lack of sunspot activity.
Yes, the Sun.
Flashing signal of recession ahead:— Otavio (Tavi) Costa (@TaviCosta) November 16, 2018
Today’s global yield curve inversion looks just as concerning as the ones that preceded the last two market crashes!
We now have 11 economies with 30-year yields lower than the fed funds rate. South Korea just joined the pack last month. pic.twitter.com/UttFLXPhwd
Your periodic reminder to all the knife catchers out there ... how does something go down 90%?— Ben Hunt (@EpsilonTheory) November 15, 2018
First it goes down 80%. Then it goes down 50% more.
Number of people who go bankrupt every year because of medical bills:— UnsilentMajority 🖤 (@The_UnSilent_) November 15, 2018
UK - 0
France - 0
Spain - 0
Denmark - 0
Australia - 0
Iceland - 0
Italy - 0
Finland - 0
Ireland - 0
Germany - 0
Netherlands - 0
Sweden - 0
Japan - 0
Chile - 0
Canada - 0
United States - 643,000
Amazon’s HQ2 makes me want to vomit. It perfectly captures how corrupt American crony capitalism has become.— Jonathan Tepper (@jtepper2) November 14, 2018
The spectacle of seeing public taxpayer money being promised to the company of the richest man in the world is appalling.
I'm now writing about state pensions. I have run out of synonyms for "insolvent" and "screwed".— Dave Collum (@DavidBCollum) November 14, 2018
Small US banks are experiencing high levels of credit card delinquencies https://t.co/oJpD1yPABV via @SoberLook pic.twitter.com/uOStSyLUhw— Jesse Felder (@jessefelder) November 13, 2018
Think tank (θɪŋk'-taŋk)— Caitlin Johnstone ⏳ (@caitoz) November 13, 2018
A group of academics who are paid large sums of money by the rich and powerful to pour all their brainpower into explaining to people in high levels of influence why false things are true, why bad things are good, and/or why stupid things are smart. https://t.co/LUhEHGf1Hg
the face of the man, made of the faces of those he sent to their deaths so he and his family and friends could make a killing on the stock market and insider trading. pic.twitter.com/hcdGGU9buM— VANDMAN (@vandman777) November 12, 2018
"Fiat news is about the press telling you how to think about issues. Fiat news is about the presentation of opinions as facts, regardless of whether they consistently favor one group or another.— Abner Doon (@Aenbrnood) November 11, 2018
In the first half of 2018 companies spent more money on share buybacks than capital expenditures and improvements.— OCCUPY WISDOM (@OccupyWisdom) November 11, 2018
The last (2) consecutive quarters like this, was just prior to 2008.
"the Second Law of Thermodynamics states that all systems wind down over time. Entropy conquers all. Systems collapse without constant new inputs of energy. The larger and more complex a system becomes, the more energy it requires. The Second Law is why nothing lasts forever.— Abner Doon (@Aenbrnood) November 11, 2018
[most] "regulatory agencies at best, serve the industries they regulate. The SEC lulls the average investor into thinking he’s protected. They, and other agencies, extract billions out of the economy to feed useless mouths in return for throwing sand in the gears of the economy.— Abner Doon (@Aenbrnood) November 11, 2018
"Allow the collapse of all zombie corporations – banks, brokers, insurers, and government contractors. The real wealth they supposedly own will still exist.— Abner Doon (@Aenbrnood) November 11, 2018
Fuck this person, in particular! pic.twitter.com/deLBVp1Mfz— Persian Rose 🇺🇸🇮🇷🏳️ (@PersianRose1) November 8, 2018
The inventory of new unsold homes in the U.S. has reached the highest level since 2011, as measured in months of supply. https://t.co/HQnYwsGD5w pic.twitter.com/GyAF8QXvQL— Lisa Abramowicz (@lisaabramowicz1) November 7, 2018
Word to the wise. We have endured two 10% corrections in the same year for all three major averages. This has only happened in 1973, 1974, 1987, 2000, 2001, 2002 and 2008. All but 1987 signalled recession, but that wasn't a pretty picture either.— David Rosenberg (@EconguyRosie) November 6, 2018
Big U.S. companies spent more money on buying back shares than they did on capital expenditures in the first half of 2018. The last time that happened for two straight quarters was just before the crisis, according to this chart from Deutsche Bank's Torsten Slok pic.twitter.com/LouDYPBzB5— Lisa Abramowicz (@lisaabramowicz1) November 5, 2018
Amazon is staffing up for the holiday rush with around 100,000 additional hires. fewer people than 2016 or 2017 holiday seasons, when it brought in 120,000.— Abner Doon (@Aenbrnood) November 4, 2018
.reduction in seasonal hiring is strong evidence that Amazon is succeeding with plans to automate operations #robot
Socialism isn’t about the political class helping the poor.— Alice Smith (@TheAliceSmith) November 3, 2018
It’s about the political class helping themselves to power by using the poor as a pretext.
After GE's low of $6.66 on March 5, 2009, "then CEO Jeff Inmelt was on CNBC, owned by NBC, owned by GE and hyped GE’s shares on GE’s TV station that gave him a huge slot of time to do so, and the share price, displayed prominently onscreen, ticked up with every word he spoke.— Abner Doon (@Aenbrnood) November 3, 2018
Best court exchange ever. pic.twitter.com/YSmvl3oLFI— You Had One Job (@_youhadonejob1) November 2, 2018
"There is no more despicable, sniveling waste of space on this earth than someone who attacks the powerless on behalf of the powerful while calling themselves a journalist.— Abner Doon (@Aenbrnood) November 3, 2018
Mainstream journalists; “I support everything the media-controlling oligarchs support, and I hate everything they hate. I will be a reliable mouthpiece of the ruling class regardless of who is elected in our fake elections to our fake official government.— Abner Doon (@Aenbrnood) November 3, 2018
AVERAGE CREDIT CARD RATES 1999-2018— OCCUPY WISDOM (@OccupyWisdom) November 3, 2018
We still have a negative real Fed funds rate, but somehow banks have decided that average credit card rates should be 16.5%....
in a country consumed by debt and an economy driven by consumer debt spending.
I WONDER WHAT HAPPENS NEXT? pic.twitter.com/4vfx1T1pLi
The man who lied to the entire world about WMDs in Iraq, paving the way for a war that killed millions, gave rise to ISIS and destabilized the Middle East, wants to lecture us about the dangerous effects that lies have on a society. https://t.co/HujeL5Bz3V— Sarah Abdallah (@sahouraxo) November 2, 2018
Hypothetical legal question:— PeakProsperity.com (@chrismartenson) October 31, 2018
"What penalty should apply for a central banker that destroys prosperity for one or more entire generations? Would that be civil or criminal?"
Asking for a friend.
Another one of those eerie resemblances to previous market tops.— Otavio (Tavi) Costa (@TaviCosta) October 30, 2018
Global stocks to US Treasuries ratio has now broken down after reaching just 51bps of its record level at tech bubble peak. pic.twitter.com/TXMAfVxWra
Federal Tax Collections pic.twitter.com/xD6ermZAiF— Don Draper (@DonDraperClone) October 29, 2018