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We're Number One in wealth, income and power inequality, yea for the Fed and the Empire!

Amid election uncertainty, The Fed said nothing... so all eyes will be on the press conference for QE hints as the blue-wave dies.

Jeff Bezos has fired another stock sale bazooka days ago, this time for $3 billion...
 

The term “cobra effect” is used when an attempted solution to a problem worsens the problem by unleashing unintended consequences.

The source warned that "disruptions are expected to persist over the next two quarters." 

When Powell asks for more fiscal stimulus today, who will tell him it's not coming.

“to blow these Scotch beggars back to their mountains!”

...I do not believe it will provide the type of support to the stock market that similar stimulus has provided in the past... we are going to overdose on that stimulus and the fatality is going to be in the US dollar...

..as the dollar collapses.

As we choke on a red and blue pill simultaneously, we are about to find out.

To markets, there is no such thing as enough monetary stimulus.

"The market likes the fact that we have a gridlock. We are not likely to see big tax increases, and not a lot of regulation."

Budget-conscious renters looking to take advantage of their newfound 'WFH'-inspired flexibility might do well to consult these numbers...

"...please don’t believe the fake promises of the other candidate... I promise to do my best to manage the coming disorderly collapse of the USA to the best of my ability..."

Venezuela has seen nothing short of a full collapse of its economy. Now, the path forward for socialist leader Nicolas Maduro seems to have turned to dollarization...

"There has been a very meaningful uptick in SPAC issuance and we expect the market to be more selective going forward."

In light of the market rally occurring along with election uncertainty today, senior editor, Ash Bennington, and managing editor, Ed Harrison, together pose…

Starting in March, a series of emergency measures were rolled out that temporarily eliminated or blunted restrictions on bank balance sheets, along with ramped up support for financial markets that in the US at least, was unprecedented.

"This incident sends a signal that there are no exceptions when it comes to respecting the rules of the market."