It is the 21st of September 2019

News

"Global Economy Is Not Improving" - Anxious CEOs Blame Poor Data On Weak US Consumer

Each week the CEO of Avondale Asset Management, Scott Krisiloff, publishes some of his observations from commentary provided by public company executives during earnings calls.  Despite expectations for the usual rosy outlooks, Krisiloff notes that he was surprised to find that "comments from consumer facing businesses were somewhat troubling."

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Hillary's Speech To Deutsche Bank: "The People Are Angry, She Isn't"

Friday's leaked release of Hillary Clinton's Wall Street transcripts by Julian Assange was the first evidence that even Hillary admitted there are two faces to the presidential candidate. As she admitted to the National Multi-Housing Council, "if everybody's watching, you know, all of the back room discussions and the deals, you know, then people get a little nervous, to say the least. So, you need both a public and a private position."

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The Economic "Recovery" Feels Weak Because The Great Recession Never Really Ended

With the worst of the great recession, supposedly, behind us, The Real News Network's Kim Brown notes that many economic analysts still see signs that we’re not yet completely out of the woods. A new report released Wednesday by the International Monetary Fund shows that some banks in the United States and Europe may not be strong enough to survive another downturn, even with States assistance.

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For Crispin Odey This Is The Engame: Hedge Fund Billionaire Goes All In Betting On "Violent Unwind" Of QE Bubble

In mid-August, when the market was enjoying its low-volatility grind higher, we observed that one of the biggest bears in the hedge fund industry, Crispin Odey, was having a bad year, with his hedge fund sinking some 30% through the end of July. Since then, conditions have only gotten more precarious for the billionaire hedge fund manager, and as the FT writes, for Odey, who is betting it all "on a violent unwind of a QE bubble", the endgame may have arrived.

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