"A greater portion of the liquidity that has been injected so far as a function of QE and credit creation, would be deployed into higher yielding non-cash assets such as equities into next year."
there is now $1.4 trillion in zombie debt, an increase almost $1 trillion of debt since the pandemic struck, bringing total obligations to $1.36 trillion, a flood of new debt made possible by the Fed's backstopping of the corporate bond market
"This is the fourth largest sell estimate on record going back to 2000, and ranks in the 96th percentile among all buy and sell estimates in absolute dollar-value."
"If Joe Biden continues making corporate-friendly appointments to his White House, he will risk quickly fracturing the hard-earned goodwill his team built with progressives to defeat Donald Trump."
Rising interest rates would be the final nail in the coffin for an economy built on piles of debt. It has to continue forcing interest rates low to keep the debt bubble from popping...
The surprisingly large build in gasoline stocks may be here to stay in the short-run as US states discourage Thanksgiving travel, the biggest driving holiday of the year.
“We are presenting today in our formal contest, that there are north of 15,000 people who voted in Nevada and another state...We are also presenting dead voters,”
