Day: December 6, 2018

zerohedge December 6, 2018

Authored by Simon Black via SovereignMan.com, I guess none of this should surprise me anymore. Our old friends at Wells Fargo are involved in yet another banking scandal. And this one is really bad… people wrongfully lost their homes and ended up on the street. But before I get into the details of this particularly atrocious […]

zerohedge December 6, 2018

Ed Vallee, head meteorologist at Vallee Weather Consulting, has certainly been on his weather game this year. Last month, his forecasts correctly pointed to a number of cross-country storms and unprecedented cold weather that punished the East Coast. Now, his forecasts point to a new danger. Winter Storm Diego will travel through the southern US with a swath of snow, sleet […]

zerohedge December 6, 2018

Authored by Pater Tenebrarum via Acting-Man.com, Worldwide Liquidity Drought – Money Supply Growth Slows Everywhere This is a brief update on money supply growth trends in the most important currency areas outside the US (namely the euro area, Japan and China)  as announced in in our recent update on US money supply growth (see “Federal […]

zerohedge December 6, 2018

As we previewed last month using estimates from Bank of America, today the Energy Information Administration (EIA) officially confirmed that the United States became a net exporter of crude and refined products for the first time last week. This marks a departure from American dependence on foreign oil which the U.S. has relied upon for […]

zerohedge December 6, 2018

Authored by Mark Jeftovic via Medium.com, “Any corporation, private or governmental, that wishes to provide for a sound and equitable continuity of its business must take steps towards the systematic retirement of debt immediately after it has been incurred.Postponement of all payment for property or privileges by those who presently enjoy their benefits is calculated to bring uncomfortable […]

zerohedge December 6, 2018

The market isn’t going to like this… During an interview with NPR’s Morning Edition, National Security Advisor John Bolton revealed that he knew in advance that Canadian police were preparing to arrest Huawei CFO Wanzhou Meng, meaning that Bolton knew that Meng was being taken into custody when he sat down alongside President Trump for […]

zerohedge December 6, 2018

Update: It would appear OPEC+ talks are over… Russian Energy Minister Alexander Novak won’t make it back to Vienna Thursday to discuss cutting oil output with the OPEC+ group of crude producing countries, RIA Novosti reports, citing the ministry. *  *  * WTI is trading back below $51 (and Brent below $60) after Saudi Arabian […]

zerohedge December 6, 2018

President Trump reportedly shrugged off concerns over the ballooning national debt, telling senior advisers in an early 2017 meeting “Yeah, but I won’t be here” when presented with “charts and graphics layout out the numbers and showing a “hockey stick” spike in the national debt” set to occur “in the not too distant future.”  The […]

zerohedge December 6, 2018

Authored by Mike Krieger via Liberty Blitzkrieg blog, Although I haven’t paid close attention to Beto O’Rourke, he’s been on my radar for a couple of years after noticing certain media outlets had anointed him a “rising Democratic star.” One of my principal rules of political analysis is whenever you hear mass media proclaim an […]