FED Unveiled $3 Trillion Repo Bailout, Expands “Not QE4” To Genuine QE5

FED Unveiled $3 Trillion Repo Bailout, Expands “Not QE4” To Genuine QE5

After increases in its repo facility twice already this week, from $100billion to $150billion to $175billion per day, and adding added a new 1-month term repo facility, the New York Fed just stunned the market and fired its biggest bazooka...
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Banks, Big Oil, Boeing Stocks Crashed Spectacularly, Biggest Crash Since Lehman Event

Banks, Big Oil, Boeing Stocks Crashed Spectacularly, Biggest Crash Since Lehman Event

When two black swans collide and third is en route. Folks, it is just warm-up lap. $2.5 Trillion wiped out as world stocks crash most since 2008. Bank of America, Citigroup, Deutsche Bank, Commerzbank down 14 percent, British Petroleum crashed...
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Boston FED’s Rosengren Revealed FED May Soon Have To Buy Stocks

Boston FED’s Rosengren Revealed FED May Soon Have To Buy Stocks

Three weeks ago, former FED Chair Janet Yellen incepted the idea that during the next crisis, the FED should consider expanding the range of assets it would purchase, most notably buying stocks. Well, thanks to experiments conducted in a Chinese BSL-4...
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Cutting Rates Is Now About As Relevant As Painting A Sinking Ship

Cutting Rates Is Now About As Relevant As Painting A Sinking Ship

The bear market rally probably didn’t persuade anyone the epidemic crisis is over. Nevertheless there are a surprising number of articles saying manufacturing production is recovering rapidly in China – although the weather satellites show rising NOx ...
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Sweden Starts Testing of World’s First Blockchain-Based National Cryptocurrency

Sweden Starts Testing of World’s First Blockchain-Based National Cryptocurrency

Stockholm’s move comes amid growing concerns among governments, central banks and even intelligence agencies that cryptocurrencies could pose a major threat to traditional global financial structures and institutions backed by the dollar. Sweden’s Riksbank...
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Morgan Stanley Buys E-Trade For $13 Billion

Morgan Stanley Buys E-Trade For $13 Billion

Tired of being outmaneuvered by its formidable longtime rival, Goldman Sachs, Morgan Stanley has epically one-upped the Vampire Squid with a deal to buy E*Trade Financial Corp. in what would be the largest takeover by major US bank since the...
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Franklin Resources To Purchase Legg Mason, Forming $1.5 Trillion AUM Giant

Franklin Resources To Purchase Legg Mason, Forming $1.5 Trillion AUM Giant

Franklin Resources To Purchase Legg Mason, Forming $1.5 Trillion Assets Under Management Giant Franklin Resources Inc. announced Tuesday that it has entered into a definitive agreement to acquire Legg Mason, Inc. for $50 per share, or about $4.5 billion, in...
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IMF boss Georgieva says global economy risks return of Great Depression

IMF boss Georgieva says global economy risks return of Great Depression

The head of the International Monetary Fund has warned that the global economy risks a return of the Great Depression, driven by inequality and financial sector instability. Speaking at the Peterson Institute of International Economics in Washington, Kristalin...
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Secretary of The Treasury Steven Mnuchin Why $1.5 Trillion Cash Have Disappeared

Secretary of The Treasury Steven Mnuchin Why $1.5 Trillion Cash Have Disappeared

Maybe as some kind of Christmas gifts $1.5 Trillion In $100 Bills Have Disappeared from circulation. Last week we reported that something strange was going on at the same time that central banks are injecting $100 billion each month in electronic money to.....
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African countries walk away from Paris-backed Franc

African countries walk away from Paris-backed Franc

Macron blasts colonialism: Grave mistake & fault of France. Emmanuel Macron delved into his country’s imperial past, saying France’s territorial conquests were a mistake that should be fixed – including by welcoming African countries reforming the c...
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Goldman Sachs To Admit Guilt, Pay $2 Billion Fine In 1MDB Scandal Settlement

Goldman Sachs To Admit Guilt, Pay $2 Billion Fine In 1MDB Scandal Settlement

Goldman To Admit Guilt, Pay $2BN Fine And Hire Independent Monitor In Historic 1MDB Settlement.  Two weeks ago, Bloomberg reported that Goldman Sachs and the Department of Justice were finally nearing a deal in the federal probe of the Vampire Squid’s...
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Is the FED’s $3 Trillion in Loans to Trading Houses on Wall Street Legal?

Is the FED’s $3 Trillion in Loans to Trading Houses on Wall Street Legal?

The United States has historically bragged about its free and transparent markets. But what the Fed is doing today is pulling a dark curtain around the financing of this so-called free and transparent market. The public has no idea which...
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FED Is Monetizing 90% of U.S. Deficit

FED Is Monetizing 90% of U.S. Deficit

FED Is Monetizing 90% of U.S. Deficit to Keep Interest Rates from Rising and Crashing Markets.  As can be clearly seen in the graph above, for the last 12 weeks there has been a stunning visual correlation between the yellow...
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The FED Is Monetizing Debt Again

The FED Is Monetizing Debt Again

It was back in 2012 that famed contrarian and value investing hedge fund icon, David Einhorn, first took aim at the pinnacle of market manipulation when he slammed the Fed for creating the ultimate toxic cocktail: something he called the...
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Federal Reserve Proposes New Rule To Let Inflation Run Hot

Federal Reserve Proposes New Rule To Let Inflation Run Hot

Federal Reserve remains unable to stoke inflation (because it refuses to measure it correctly) and refuses to factor in asset price inflation. It has now considered launching a new rule that would let inflation run above its 2% target to...
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