Budget Deficit

Paul Singer Warns "All Hell Will Break Loose"

"Given groupthink and the determination of policy makers to do ‘whatever it takes’ to prevent the next market ‘crash,’ we think that the low-volatility levitation magic act of stocks and bonds will exist until the disenchanting moment when it does not. And then all hell will break loose." - Paul Singer

Economists Puzzled By Unexpected Plunge In Saudi Foreign Reserves

Saudi Arabia's reserves inexplicably tumbled below $500 billion in April for the first time since 2011 even after accounting for the first ever Islamic bond sale, fueling speculation it’s triggered by capital flight and the costs of the kingdom’s war in Yemen.

...And Now For The Bad News

This is the most important thing to understand about US federal government spending: the built-in costs are so extreme that they can’t possibly make ends meet. And the problem becomes worse each year...

Yuan Tumbles As Moody's Downgrades China To A1, Warns On Worsening Debt Outlook

Offshore Yuan tumbled as Moody's cut China's credit rating to A1 from Aa3, saying that the outlook for the country’s financial strength will worsen, with debt rising and economic growth slowing. This leaves the world's hoped-for reflation engine rated below Estonia, Qatar, and South Korea and on par with Slovakia and Japan.

George Orwell's Monetary Policy

"Tightening is easing..." Monetary policy is a black box and former Fed chair, Alan Greenspan, acknowledged this more than 20 years ago...

"Apocalypse Now": The Horror Of The Deep State's Plan Exposed - Part 3

Decades of propaganda, false flags, and misinformation campaigns have enabled the Deep State to gain power and control over the U.S. government. When war or a financial crisis is necessary to keep the profits flowing, events will be steered to such an outcome. With the latest financial plundering operation running out of steam, the Deep State is once again pushing the world toward global conflict.

Saudis Plan $40 Billion US Investment To "Cement Ties With Trump"

Saudi Arabia has quickly pivoted in its "appreciation" of the Trump administration, and having realized that the fastest way to Trump's heart is through the US Treasury's bank account, it is preparing to invest an "unprecedented" amount of money in the US.

Frontrunning: May 3

  • Fed Rate Rise Unlikely, but Possible June Move in Focus (WSJ)
  • GOP Health-Bill Woes Signal Centrists’ Rise (WSJ)
  • As U.S. and China find common ground on North Korea, is Russia the wild card? (Reuters)
  • North Korea says American was detained for 'attempted subversion' (Reuters)
  • SEC Probes Solar Companies Over Customer Cancellations (WSJ)
  • Slumping Car Sales Are Latest Data to Rattle Bets on Growth (WSJ)