For Jerome Powell to claim ignorance of one of the most important statistics used to monitor excess leverage in the financial system — the scale of margin debt — is an insult to the American people. … Read More Margin Debt Has Exploded by 49 Percent in One Year to $814 Billion. The Actual Figure May Be in the Trillions. Here’s Why.
As the use of vaccine passports snowballs around the world, concerns about their potential reach and implications are growing… Read More 7 Reasons Why a Vaccine Passport (Pass, Certificate or Whatever They Want to Call It) Should Give Us Pause for Thought
Dr Gary Sidley analyses the language of fear that has been peddled throughout the pandemic… Read More A Year of Fear
Wall Street was effectively giving 85% margin loans on concentrated stock positions — thwarting the Fed’s Reg T and its own margin rules… Read More Wall Street Margin Loans to Archegos Violated the Rules
McKinsey is overpriced and corrupt. It is also gunning for government cash.… Read More Keep McKinsey Away from Biden’s Infrastructure Push
As we have stated repeatedly, this market structure is the market structure from hell.… Read More Shades of 2008: Derivative Bets Blow Up Archegos Hedge Fund; Inflict Billions in Losses on Global Banks
An extremely cheap, safe and widely available off-patent medicine appears to be saving the lives of covid-19 patients across Latin America and beyond. Yet hardly anybody’s talking about it. … Read More It’s Time To Talk About Ivermectin
If the Securities and Exchange Commission is not taking a hard look at the involvement of Dark Pools owned by the biggest banks on Wall Street during the meteoric spike in the price of GameStop shares in late January, then we have to conclude that it doesn’t want to actually get at the truth… Read More A Massive Increase in Trading in GameStop by Dark Pools Owned by the Mega Wall Street Banks Coincided with the Spike in its Share Price
In fear societies, basic rights become a luxury. They are viewed as a threat, as recklessness, as a distraction that cannot be afforded in this moment of crisis.… Read More We Are Living Through a Time of Fear – Not Just of the Virus, But of Each Other
As Americans learned the hard way during the dot.com bust, there is already plenty of risk for the small investor in new stock issues. Now Wall Street wants to create more.… Read More There’s a Plot to Suck in More Retail Traders at the Top of a Bubble Market
Steven Donziger has been under house arrest for over 580 days, awaiting trial on a misdemeanor charge. It’s all, he says, because he beat a multinational energy corporation in court.… Read More ‘I’ve Been Targeted With Probably the Most Vicious Corporate Counterattack in American History’
The Director of National Intelligence releases a report, and the press rushes to kick the football again… Read More Aaugh! A Brief List Of Official Russia Claims That Proved To Be Bogus
