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Brainard Wants To Be Next Fed Chair, But Biden Has Pegged Her To Head The Treasury: Report Tyler Durden Thu, 09/24/2020 – 16:19 In news that won’t come as a big surprise to Fed watchers, Bloomberg reports that Joe Biden is focusing on Fed governor Lael Brainard as his Treasury Secretary pick “a choice that…

COVID World… Resist! Tyler Durden Thu, 09/24/2020 – 00:00 Authored by Iain Davis via Off-Guardian.org, COVID 19 is being used to create a global fascist dictatorship. From New Zealand to the the U.S, so called western democracies have adopted and developed the Chinese model of technocracy to create a single biosecurity State. This globalist corporate…

San Francisco Residents On Alert As Home Invasions Spike 42% Tyler Durden Wed, 09/23/2020 – 23:40 San Francisco residents are on edge and sounding the alarm amid a spate of brazen break-ins throughout the city, according to KPIX5, which notes that burglaries in the city were up 42% in the first nine months of the…

Jamie Dimon Says He Supports Taxing The Rich, But Opposes Dems’ “Wealth Tax” Tyler Durden Wed, 09/23/2020 – 17:00 Before COVID-19 ruined the party, life was good for wealthy Americans. After more than 8 years of interest rates at zero, US stocks were trading at some of their highest valuations since the dot-com era, and…

Election Wildcards Tyler Durden Wed, 09/23/2020 – 18:00 Authored by James Rickards via The Daily Reckoning, Investors need to be on guard against one or more surprises that can come without warning. I call these the “wildcards” in the election season. It’s hard to know which one might emerge, but it’s not hard to forecast…

Market Turmoil Leads To First Pulled Junk Bond Deal Since July Tyler Durden Wed, 09/23/2020 – 17:20 Two weeks ago, when we noticed that for the entire month of August the Fed had not bought a single bond ETF, we asked if Powell was sending the markets a message. Now, with the S&P500 on the…

The Great Conservative Migration And What It Means For The Future Tyler Durden Wed, 09/23/2020 – 23:20 Authored by Brandon Smith via Alt-Market.com, The signs really began to become visible at the end of January, 2020; there was an exodus of people brewing, and it was galvanizing fears on both sides of the political spectrum.…

Citigroup Shutters Retail Options Market-Making After Losing War Against HFTs Tyler Durden Wed, 09/23/2020 – 18:20 Anyone following market dynamics in recent months would have been left with the impression that whereas other securities may have had a rather somnolent third quarter, option market makers would be printing cash hand over fist, thanks mostly to…

IRGC Taunts US With Spy Drone Close-Ups Of Nimitz Carrier In Strait Of Hormuz Tyler Durden Wed, 09/23/2020 – 23:00 Iranian state media on Wednesday published a photo set showing the US carrier group led by USS Nimitz transiting the Strait of Hormuz which Tehran says was gained after domestic-build spy drones “intercepted” the carrier. State-run…

Tesla Sues In US Court Of International Trade To Block Trump’s Tariffs On China Tyler Durden Wed, 09/23/2020 – 19:00 Tesla, which we have long suspected to be getting awfully comfortable with China (see this piece and this one), isn’t exactly going out of its way to prove us wrong. Instead, in what appears to be a…

Collapse Is A Process, Not An Event Tyler Durden Wed, 09/23/2020 – 18:40 Authored by Chris Martenson via PeakProsperity.com, How does one ‘get ahead’ during hard times? Look, I’m a systems guy.  I think in systems terms.  You should as well. Why? Because we’re entering a period of time when the major systems that have…

JPMorgan Traders Complain Bank Didn’t Warn Them About Recent COVID-19 Outbreak Tyler Durden Wed, 09/23/2020 – 19:40 While the world’s biggest tech firms have come out in favor of working from home in perpetuity (or at least until next summer), JPMorgan and Goldman Sachs were among the earliest major American companies to start pushing employees…

Germany Adds 11 Regions To “Coronavirus Watch List”, France Closes Bars, Restaurants In Marseilles: Live Updates Tyler Durden Wed, 09/23/2020 – 19:28 Summary: Germany adds 11 regions to travel warning list France orders bars and restaurants shut in Marseilles, Paris on “high alert” Head of FDA advisory committee recuses herself from COVID vaccine review Irish…

Military Generals Are Just Another Group Of Self-Interested Technocrats Tyler Durden Wed, 09/23/2020 – 19:20 Authored by Ryan McMaken via The Mises Institute, The United States has always had a love affair with certain generals. George Washington, of course, was immensely popular, and thirteen US presidents were generals before they were president. But prior to…

An Open Letter To Stressed-Out Preppers Who Are Tired Of This Apocalypse Tyler Durden Wed, 09/23/2020 – 20:40 Authored by Daisy Luther via The Organic Prepper blog, Dear Friends: 2020 has certainly been quite a year so far, and a defining one for the preparedness movement. No longer are our stockpiles of rice, beans, and hand sanitizer…

Possible Ballistic Missile Launcher Vehicle Spotted At North Korea Parade Practice Tyler Durden Wed, 09/23/2020 – 20:20 Weeks ago, in early September, we noted how North Korea was preparing for an “October Surprise,” one where the rogue nation could launch a ballistic missile(s) ahead of the U.S. presidential elections.  New commercial satellite imagery from Sept. 22 of North Korea’s Mirim…

Trump Strikes A Second Major Blow Against ‘Critical Race Theory’ Tyler Durden Wed, 09/23/2020 – 20:00 Authored by Mimi Nguyen Ly via The Epoch Times, President Donald Trump signed an executive order on Tuesday to stop funding to federal government contractors who hold critical race theory training sessions. “The President signed an Executive Order to end training sessions based…

The Great Unbanking: How DeFi Is Completing The Job Bitcoin Started Tyler Durden Wed, 09/23/2020 – 22:40 Authored by Paul De Havilland via CoinTelegraph.com, While most of us will prefer to forget the horrors of 2020, DeFi may well prove to be the guarantee of a better, more liberated future… image courtesy of CoinTelegraph In…

Colleges Nationwide Enforce Strict COVID Rules… Except During BLM Protests Tyler Durden Wed, 09/23/2020 – 21:20 Authored by Robert Schmad via Campus Reform, Despite imposing bans on almost all other forms of large gatherings, and applying harsh punishments to those who disobey such bans, colleges and universities appear reluctant to call out student protesters for…

Pentagon Informs Congress It’s Preparing To Have “Zero” US Troops In Afghanistan By Spring Tyler Durden Wed, 09/23/2020 – 21:00 With the Pentagon expected to reduce troops levels in Afghanistan down to 4,500 by the November elections, and with the still negotiated US-Taliban peace deal facilitating this, on Tuesday a Pentagon official told Congress it can…