Sees

Loonie Surges After Hawkish Bank Of Canada Sees Faster Recovery, Warns Of Upside Inflation Risk

As expected, the Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank also kept its guidance and QE program unchanged at its current pace of at least $4 billion…

Despite FBI Fearmongering, DHS Sees No "Specific, Credible Threats" At This Time

Authored by Zachary Stieber via The Epoch Times, Officials have not identified “specific, credible threats” ahead of Inauguration Day, a top homeland security official said Friday. “There’s no specific credible threats at this point in time. There’s just this raised level of tension. And so we’re raising our security level. And we’re doing it across the…

Crypto Assets Top $1 Trillion Market Cap As Novogratz Sees New Stimulus Checks Funding More Bitcoin Buying

Amid the chaotic scenes in DC yesterday, and confirmation that both Democrats won their Georgia Senate seats, cryptocurrency prices have accelerated higher once again, crossing the stunning level of $1 trillion in total market capitalization for the first time in history… Source: CoinMarketCap “The more that people perceive that their assets, particularly their liquid assets…

Tokyo Health-Care System Risks COVID-Induced Collapse; Germany Sees Record Deaths: Live Updates

Summary: COVID data delays still plaguing some US states Texas reports new daily record cases Hospitalizations still at record highs 20+ cases of UK COVID mutant discovered in India Tokyo Gov warns about possible health-care system collapse Germany reports record daily deaths China says Sinopharm vaccine 80% effective Portugal reports most new cases in 3…

Goldman Now Sees Q1 GDP Surging 5% Thanks To $900BN Covid Stimulus

It was just one month ago when Wall Street’s best and brightest – which these days also means most clueless – personified in this case by JPMorgan’s chief economists, predicted that GDP in the first quarter of 2021 would contract by 1%, effectively putting the US on collision course with a double dip recession. Just…

NYC Sees ‘Astronomical’ Rise In UFO Sightings 

NYC Sees ‘Astronomical’ Rise In UFO Sightings  Tyler Durden Tue, 12/15/2020 – 23:45 Sightings of Unidentified Flying Objects (UFO) in New York City have increased 31% this year over 2019 – 46, compared with 35.  Compared with 2018 figures (of around a dozen), 2020 sightings are astronomically higher, so far jumping by more than 283%,…

JPMorgan Doubles Down On Bitcoin: Sees Structural Gold-To-Crypto Flow Over Coming Years

Having admitted it was wrong about the end of the Bitcoin Bull run, JPMorgan is doubling down on its bullish crypto bet, warning that the rise of cryptocurrencies in mainstream finance is coming at the expense of gold. Gold outflows have been steady as crypto inflows and prices have soared… However, it’s not all unicorns…

Goldman Sees More Chinese Bond Defaults

By Ye Xie, Bloomberg macro commentator President Donald Trump has continued bashing China. This time, his administration restricted travel visas for members of the Chinese Communist Party and banned cotton imports from a military-linked firm it accused of “slave labor.” So far, all of these moves, including the House bill that could lead to the delisting of…

LA County Orders Bars, Restaurants To Close As California Sees Record COVID Cases: Live Updates

Summary: LA County orders bars, restaurants to close UK to suspend quarantine for holidays Dr. Fauci says most Americans need to be vaccinated Sen Loeffler receives conflicting test results NY reports another 5,391 cases More than 1 million ppl traveled through US airports Friday US cases top 12 million WH vaccine czar targets Dec. 11…

Goldman Capitulates On “Major” Stimulus, Now Sees Just $700BN Fiscal Aid In Early 2021

Back on September 24, long after we repeatedly said that any hopes for another major stimulus before the election (and certainly after, absent a Democratic sweep) was nothing but a pipe dream, Goldman – which until that point had predicted that Congress would pass a $1.5-$2 trillion fiscal stimulus “shortly” – threw in the towel…

Single Gene Edit To Human Embryos Sees Disturbing Consequences

Technocrat and Transhuman geneticists who would like to create Humanity 2.0, still don’t have a clue about the complexity and intricacy of the human genome. One opposing scientist says, “This is a restraining order for all genome editors to stay the living daylights away from embryo editing.” ⁃ TN Editor A human embryo editing experiment…