Loading ...what’s he doing? Has he jumped ship taking his usual losses with him?
Morning Maddog
Fed did another Repo this am – 4th day in a row. $75 billion, only slightly oversubscribed at $75.5 billion.
LIESman on CNBS claiming the Fed didn’t know these Repo’s were coming so they’re doing a great job reacting to fix it.
Maybe we’ll find out on Monday am. – maybe it will be a Black Monday.
Just how dumb are these big banks….or tks to the Rig, they just don’t care.
Lenders Raise Collateral Concerns Over WeWork CEO’s $500 Million Personal Credit Line
The Rig, run by the scum, protects all sorts of vile financial going on’s
is We Work another one…..both JPM and GS are set to earn monster fees if the IPO goes ahead…..WeWork stinks.
The end of the week
probably going to be tough to finish on an up note, just hope not to get crushed.
Rates and the USD seem to want to stabilize, their next move is anyone’s guess.
This is preposterous=The Hooters barely have electricity=all their weapons and technicians capable of using them come from Iran-what a dumb ZH article
[PREPOSTEROUS!! A mad dash across the Arabian desert? A desert has no tress–no camouflage–they would be. devastated fom the air]
Even before Abqaiq, the Houthis had already engineered quite a few attacks against Saudi oil installations as well as Dubai and Abu Dhabi airports. In early July, Yemen’s Operations Command Center staged an exhibition in full regalia in Sana’a featuring their whole range of ballistic and winged missiles and drones.
The situation has now reached a point where there’s plenty of chatter across the Persian Gulf about a spectacular scenario: the Houthis investing in a mad dash across the Arabian desert to capture Mecca and Medina in conjunction with a mass Shiite uprising in the Eastern oil belt. That’s not far-fetched anymore. Stranger things have happened in the Middle East. After all, the Saudis can’t even win a bar brawl – that’s why they rely on mercenaries.
https://www.zerohedge.com/geopolitical/escobar-how-houthis-overturned-chessboard
Economist. David Rosenberg
Look at these two business confidence surveys that cover Trump country. Sinking like a stone and both are at, or below, December 2007 levels, which happened to coincide with the Great Recession – ushering in the Obama presidency less than a year hence (you hear that, Elizabeth?).
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