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Goldman Sounds The Alarm On Stocks: When Euphoria Is This High, "It's A Good Time To Reduce Risk"

The past few months can best be characterized as a period of unprecedented market optimism and sheer euphoria, and we have done just that with several recent articles… … and so on. But whereas in the recent past, the euphoria was always bounded by the upper limit reached during the insatiable buying spree of the…

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…

Amid Soaring Food Prices, Vietnam And China Buy Indian Rice For First Time In Decades

By Tyler Durden One month ago, we reported that SocGen’s bearish analyst Albert Edwards, who is traditionally well ahead of the curve, looked at charts of soaring food prices and was starting to “panic.” Edwards’ research report concluded by urging his readers to “keep a very close eye as to whether we see a repeat…

Amid Soaring Food Prices, Vietnam And China Buy Indian Rice For First Time In Decades

One month ago, we reported that SocGen’s bearish analyst Albert Edwards, who is traditionally well ahead of the curve, looked at charts of soaring food prices and was starting to “panic.” Edwards’ research report concluded by urging his readers to “keep a very close eye as to whether we see a repeat of the 2010/11…

The Government’s New “War on Terror” is Coming — This Time It’s Aimed at America

By Matt Agorist After the storming of the Capitol building on Wednesday, mainstream media and establishment voices began throwing around a term that should make us all pay attention — “domestic terrorism.” As the group of MAGA rioters stormed the Capitol to take selfies with cops, steal podiums, and hang from banisters, president-elect Joe Biden…

A Time For New Beginnings And Ending That Which Must End

Authored by Doug “Uncola” Lynn via TheBurningPlatform.com, Janus is an ancient Roman, a composite god who is associated with doorways, beginnings, and transitions. A usually two-faced god, he looks to both the future and the past at the same time, embodying a binary. – Source If they can get you asking the wrong questions, they don’t have to worry…

America's Hospitals Prepare To Publish Prices On More Than 300 Medical Procedures For 1st Time

President Trump’s health-care policy ambitions didn’t receive much attention from the mainstream media, but as we head into the new year, some of his market-based reforms are starting to become reality. One of the most important is a directive requiring the nation’s biggest hospital chains to publish the rates they’ve agreed to charge various insurers….

This Time Is Not Different. More Debt, Less Growth

Authored by Daniel Lacalle, I remember that in 2009 three messages were constantly repeated: “In this crisis measures are different, because governments are investing in the recovery by increasing public spending,” “the funds from stimulus plans will strengthen the recovery “and “central banks help a stronger recovery by lowering rates and increasing liquidity”. Then, 2010…

It's Long Past Time For CDC To Clean-Up The COVID-19 Death Counts

Authored by Stacey Lennox via PJMedia.com, Some of us have been questioning the COVID-19 death counts reported by the CDC through the National Center for Health Statistics (NCHS) for some time. Of course, CNN and the corporate media love the likely elevated counts to push their narrative. Lockdown Inc. loves them to justify their destruction…

Tech-Wise Teens Talk About Social Media, Phone Use, and Screen Time

By B.N. Frank Research has indicated that children seem to be more vulnerable to the numerous and serious health problems associated with heavy tech use and exposure. For many years, Silicon Valley parents and tech moguls have gone to great lengths to limit their own kids’ use and exposure to screens (see 1, 2, 3). …

Mortgage Rates Hit Record Low For Record 16th Time This Year

Another week, another all time low mortgage rate. With 2020 now almost over, we can calculate how many times the benchmark 30Y fixed mortgage has hit record lows this past year. And according to the latest weekly update from Freddie Mac which showed that the 30Y FRM dropped another 1 basis point to a fresh-all…

Existing Home Sales Tumble For First Time Since May, Prices Hit Record Highs

After a big surprise jump in October, existing home sales were expected to drop MoM in November (as homebuilder sentiment rolled over from record highs) after 5 straight months higher and sales did slump – more than expected. Existing Home Sales fell 2.5% MoM (worse than the 2.2% drop expected) and the first MoM drop…

The "New Confederacy"? Yes, It's Time For Conservatives To Unite Against The Globalist Reset

Authored by Brandon Smith via Alt-Market.us, The narrative could not be more transparent or obvious, but then again, the elites are becoming lazy in their propaganda and the leftists are not all that bright. Essentially, every time conservatives (or moderates) organize to defend themselves against communist or globalist attack we are called “Nazis”, brownshirts, populists,…

A Global Look At How People Spend Their Time (Spoiler Alert: Sleeping Mostly!)

We all have the same 24 hours in a day, but, as Visual Capitalist’s Iman Ghosh details below, we don’t spend them the same way. Some prioritize family time or household chores, while others cherish a good night’s sleep or seeing friends. This chart from Our World in Data compares the average time allocated across various day-to-day…

Bitcoin Reaches New Record High, Tops $20k For First Time

For the first time in its history, the price of Bitcoin has topped $20,000 Source: Bloomberg Increasing optimism in the last few days over a trillion-dollar-ish COVID relief bill have catalyzed this latest push higher as investors seek some non-government-dilutable store of wealth. Source: Bloomberg Bitcoin is “eating the world” thanks to 10-year returns of…

Global Stocks Hit All Time High On Stimulus Optimism Ahead Of Fed Meeting

Another overnight session, and – predictably – futures are higher in keeping with the most glaringly obvious market trend since 2016 of stocks surging during overnight US trading (while trading flat in regular trading hours)… … alongside world stocks which rose to a fresh record high on Wednesday ahead of today’s Fed meeting – the…

Goldman Upgrades Exxon To Buy For The First Time In Four Years As Cycle Begins To Turn

Just one day after Wells Fargo issued a rare upgrade on beaten down energy giant Exxon, late on Tuesday Goldman did what it hasn’t done since 2016, and it upgraded Exxon from Neutral to a Buy – just two months after it upgraded the major from a Sell – with a $52 price target given…

2020 Is Ending With 93% Of Global Economies Contracting … With Markets At All Time Highs

By Tyler Durden As BofA’s European credit strategist, Barnaby Martin, puts it in one of the final issues of his European Credit Strategist report for the year, “2020 is ending with one of the most predictable and potent themes of the last decade: central bank activism.” Case in point: on Thursday the ECB doubled down…

2020 Is Ending With 93% Of Global Economies Contracting… And With Markets At All Time Highs

As BofA’s European credit strategist, Barnaby Martin, puts it in one of the final issues of his European Credit Strategist report for the year, “2020 is ending with one of the most predictable and potent themes of the last decade: central bank activism.” Case in point: on Thursday the ECB doubled down on more of…

For The First Time Ever, Millions Of Working-Poor Americans Forced To Turn To Food Banks

By Tyler Durden For the first time, millions of Americans waited in food bank lines this year, unlike anything seen since the Great Depression of the 1930s. According to AP, as the pandemic rages on, with more than 20 million still claiming unemployment benefits, food banks are dishing out more meals than ever. The one place…