Looks like Christmas sales sucked after all, wait for online sales to fail.
Sales are going to be great! They’re going to be great…never mind.
Target Shares Plunge After Holiday Sales Missed Forecasts
January 15, 2020
Target shares plunged as much as 8.8% on Wednesday morning after it cut its fourth-quarter comparable sales view due to a rather depressing holiday sales season, missing the average Wall Street estimates.
The title should read “He Knows When You’ve Been Sleeping”
The fix is in against the populace.
Banks benefit and the upper 10% benefit.
The bottom 90%……let them eat cake.
The pickle the FED is in:
Higher rates, which will definitely come, will decimate every financial institution!
He (Fed Chair Powell) continues:
“Meanwhile, we look like we are blowing a fixed-income duration bubble right across the credit spectrum that will result in big losses when rates come up down the road. You can almost say that that is our strategy”.
“Spurred by low interest rates and loose financial conditions, we estimate that total global debt will exceed $257 trillion in Q1 2020.
A total of more than $19 trillion of syndicated loans and
bonds will mature in 2020“.
If rates begin moving higher sooner rather than later, the $19 trillion could trigger the collapse of the $257 trillion global debt, which in turn could trigger the quadrillions in derivatives.
The choices are clear…….either continue printing money and welcome hyperinflation or reverse the process to normalcy and welcome massive depression.
Now stop and think for a moment…where do you put your money to safeguard it?
Here’s a another pickle…….who benefits from QE?
Why do you think the major money center banks are reporting great earnings?
-The Fed buying back prearranged auction sales at enormous monetary benefit to the dealer community.
-Guaranties to keep rates low and have the money coming in from the Fed, goes right to the markets to keep them afloat
-Usury levels of interest rates on credit cards…anywhere from 25% to 35% per annum
Simply look at the analysts’ breakdown of the banks’ earnings releases.
As Jim Rogers says: “This will end badly”.
CIGA Wolfgang Rech
Sadly Wolfgang, they knew the day the current system was set up…!
He Knows You Know That They Know…
January 15, 2019
Authored by Sven Henrich via NorthmanTrader.com,
Last week we found out that Dallas Fed president Kaplan knows that the Fed is creating excess and imbalances in stocks. Yes, bloating the Fed’s balance sheet by over $400B in four months has a massive impact on stock markets. And billions of repo liquidity unleashed each day can be seen impacting the daily action as well (see: Repo Lightning).
So what’s Jerome Powell have to say about all this? Silence. Not a word.
Nice article. Yet Simon fails to mention the momentum gaining traction as an alternative form of transactional payments….GOLD.
This is very important as it cuts the time of dependency withdrawal, from the Dollar, from years…to a very short timeframe. No new alternative fiat currency need be developed. Gold will rule.
CIGA Wolfgang Rech
Uncle Sam Just Used Its Financial Nuclear Weapon Again
January 15, 2019
In August of 1945, the United States became the only country to drop nuclear bombs on an enemy.
Hiroshima and Nagasaki were largely destroyed in the blink of an eye. And the Japanese had no choice but to surrender to the Allies, finally ending World War II.
Ever since, world superpowers have been rapidly advancing weapons technology, constantly raising the bar for destructive power.
It won’t surprise you to find out that the most powerful and destructive weapon in the world, though, by far, is claimed by the United States.