Jumps

US Industrial Production Jumps Most Since July

After slowing its rebound in November, US Industrial Production was expected to re-accelerate in December and it did, dramatically. Despite job losses, tumbling retail sales, and soft survery data, industrial production jumped 1.6% MoM in December (massively beating the +0.5% expectation). This is also the biggest MoM jump since July… Source: Bloomberg On a year-over-year…

ECB Boosts QE By €500BN, Euro Jumps On Lack Of Dovish Surprises

As previewed earlier, the ECB announced that in order to arrest Europe’s economic double dip, it will expand its PEPP (pandemic emergency purchase programme) QE by €500BN (as expected), will extend the duration of the PEPP through March 2022 (it was expected to end 2021); calibrates TLTRO further by adding three more operations in 2021…

Watch As Good Cop Jumps In, Stops Bad Cop from Attacking Innocent Handcuffed Man

By Matt Agorist Panama City, FL — As TFTP has frequently pointed out, if you have a single bad cop in a department who continuously violates people’s rights, and 50 cops who watch him do it and say nothing, then you have 51 bad cops. Silence when witnessing corruption among your own ranks is the…