Emerson National Poll: ‘Sleepy, Crazy, Spank-Me and How’ Maintain Top Spots…


The outline of primary support at the end of August is traditionally how the voting ends up during the first primaries the following year.  Biden, Sanders, Warren and Harris look to be the only viable candidates. The challenge now becomes keeping the existing support.

(Via Emerson) […] Spencer Kimball, Director of Emerson Polling, points out that “Mayor Pete Buttigieg has seen his poll numbers drop all summer and is now at 3%, behind Andrew Yang who is at 4%. Mayor Pete has raised enough money to stay in the race for now but will need a strong debate performance to remain relevant.”

There continues to be a large age divide in the democratic primary with Sanders receiving 36% support of those under the age of 50 compared to 11% support among those 50 and over. Biden, on the other hand, has the support of 21% of those under 50 and 44% of those 50 and over. Warren’s support is more consistent as she is at 14% with voters under 50 and 17% with voters 50 and over. And Harris is at 8% among under 50 year olds and 12% among those 50 and up. (read more)

The Bond Bubble & the WEC


QUESTION: Marty, you have said this is the historic bond bubble of all times with interest rates at a 5,000 year low. Will you elaborate on the bond bubble at the WEC? It seems like this may be the granddaddy of all shorts.

RK

ANSWER: We have an Institutional Report on the Bond Bubble. We have a lot of pension funds and institutional clients where that is the main focus. Nevertheless, we cannot lay out the future of all markets without diving into the Bond Bubble. It is this which will influence the Monetary Crisis Cycle and dictate the trend in share markets as well as commodities.

The Biggest Bubble in Modern Financial History


QUESTION: You said before you were advising corporates to issue long-term bonds and lock in the low rates. Even the US Treasury seems to be following your advice and are looking at issuing 50 and 100-year bonds. Do you give governments the same advice?

DK

ANSWER: If asked, of course, I advise to issue long-term debt NOW at these absurd low rates. I also advise individuals to lock in fixed-rate mortgages.

Germany just tried to issue negative interest 30-year bonds with a total offering of 2bn€ of which they only sold 824million were purchased. This is showing that this whole theory of negative interest rates as seen its day. The US is now even considering issuing 50-year and 100-years bonds as interest rates plummet.

I have reviewed the buyers of these negative bonds which now amount to $15 trillion outstanding globally. What is actually taking place in the market is really dominated by punters rather than investors. In other words, the people have been buying them to flip assuming rates would just go lower.

The crisis on the horizon is MASSIVE!!!! These punters are going to get caught as they did with the Russian bonds when they collapsed in 1998 which led to the Long-Term Capital Market crisis. This is a game of musical chairs. Nobody thinks twice as long as rates decline. But the appetite for negative yields does NOT exist insofar as people actually investing in them.

Yields have dipped negative on short-term 30 days paper during panics. The 30-day TBills went negative several times from December 2008 onward. The reason was clear. Capital feared the banks so they were willing to park money at a slightly negative rate.

This also corresponds to capital parking in blue-chip equities which created the peak in the PE ratio at the bottom of the crisis.

The trend looks to be getting ready to change when the ECM turns. BUYER BEWARE!!!!
We may yet see the biggest bubble in the modern history of finance explode far worse than the 2007-2009 debacle.

Joe “I’m Not Nuts” Biden…


Against a backdrop where people are beginning to questions the cognitive capabilities of the former Vice-President, and current democrat presidential candidate, Joe Biden; the candidate tells a campaign audience he was “not going nuts“….  WATCH:

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This latest “I’m not nuts” campaign slogan might explain the recent Monmouth University Poll which shows a massive collapse of support for the former VP.

Monmouth – The poll finds a virtual three-way tie among Sanders (20%), Warren (20%), and Biden (19%) in the presidential nomination preferences of registered Democrats and Democratic-leaning voters across the country.

Compared to Monmouth’s June poll, these results represent an increase in support for both Sanders (up from 14%) and Warren (up from 15%), and a significant drop for Biden (down from 32%).

Biden has suffered an across the board decline in his support since June. He lost ground with white Democrats (from 32% to 18%) and voters of color (from 33% to 19%), among voters without a college degree (from 35% to 18%) and college graduates (from 28% to 20%), with both men (from 38% to 24%) and women (from 29% to 16%), and among voters under 50 years old (from 21% to 6%) as well as voters aged 50 and over (from 42% to 33%).

Most of Biden’s lost support in these groups shifted almost equally toward Sanders and Warren. (read more)

“I’m Not Nuts”…

Dinner – Phare de Biarritz Light House…


President Trump and First Lady Melania arrive at the G7 Summit dinner in Biarritz France. The dinner event is being held at Phare de Biarritz, a mid-19th century light house with panoramic views of the French coast.

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First Lady Melania Trump is wearing a Pleated Technical Jersey Dress by Gucci tonight, paired with silver Louboutins, to attend the dinner.

The Unmitigated Arrogance of EU President Donald Tusk Toward Brexit….


Against the backdrop of British Prime Minister Boris Johnson arriving for the G7 summit in Biarritz, France, EU President Donald Tusk holds a press conference to announce the EU will work to block Britains’ exit from the collective, and will not accept terms.

The hubris and arrogance within this declaration, in advance of Johnson’s arrival, is exhibit ‘A’ for exactly the reason British citizens want out of this nonsense. Watch:

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The likelihood of Boris Johnson and Donald Trump forming an alliance against this insufferable EU collective is beginning to show in the relationships.

There is a strong likelihood PM Johnson and President Trump will form a mutually beneficial economic and trade alliance outside the EU. The euroweanies know this could be devastating to their controlled economic system; their economy is already in trouble.

This will not end well for the EU.  Pride cometh before the fall.

What Trump and Johnson could construct is a bilateral trade deal between the U.S. and the U.K that has genuine reciprocity and negligible trade barriers.  Like a trade freeway between the U.K and the U.S, but only between the U.K. and U.S.

With the EU no longer able to influence trade agreements involving the U.K. European companies, and countries (Poland, Hungary etc.) could get tariff-free access to the U.S. market by operating out of Britain, or using transnational shipping through Britain.

Simultaneously, the U.S. could ship tariff free into the EU (to a receiving EU corporation, or EU subsidiary of a U.S. corporation) by exporting to Britain.  The UK would be the hub for massive economic activity between North America and Europe.

If France (the EU) is charging Canada a high duty for imported Canadian cheese; Canada, through the USMCA pact could ship to a holding company in Britain who would then transfer product (duty free) to the receiving French company who is operating in the U.K, and distributing in France.  [A French company in the U.K. would receive in the U.K without the French (EU) duty.]

Eventually all corporations in the EU, who wanted to do business with North America, would start operations in the U.K….. OR, the EU would have to drop it’s one-way tariff policy (ie. the Marshall plan is ended).  Think about the leverage this creates.

Of course this process would completely change the trade dynamic in Europe; and completely change the trade dynamic between Europe and North America.  So how would Trump and Johnson start?  Answer: Establish an interim tripwire to measure success. Hence you get this phrase:

 “[…] Such a deal could last for something like six months, the official told reporters.”…

Of course an interim deal… because the EU bloc will respond to it… so a reevaluation at six months, prior to any massive investment outlays, is exactly what a CEO would create.

Donald Trump isn’t a politician, he’s working through a plan for what he views (we agree) is bigger than any ideological aspects.  “Economic Security is National Security.”

During the G7 nuance look for the manipulative globalists to try and keep President Trump and Boris Johnson apart during the non-scripted gatherings and assemblies.

The EU does not want the optics of President Trump and Prime Minister Boris Johnson broadcast to the world.   Watch how hard it will be to find pictures of them together.

Google’s Power to Shift Elections—Zachary Vorhies, Greg Coppola and Dr. Robert Epstein


According to Google whistleblower Zachary Vorhies, how is Google suppressing certain viewpoints, promoting others, and altering public perception? Is there evidence of active intent on the part of Google staff or executives? And in the eyes of Dr. Robert Epstein, what are the broader implications of Google bias—whether intentional or unintentional—for America and beyond? This is American Thought Leaders 🇺🇸, and I’m Jan Jekielek. In this special episode, we sit down with Google whistleblower Zachary Vorhies, a former senior Google engineer, who recently leaked nearly 1000 pages of documents that he says suggest Google has been secretly acting as a publisher, selectively boosting or demoting content, while publicly claiming to be a neutral platform. We sent Google some questions regarding each specific allegation that Vorhies made in our interview. Google has not responded to our requests for comments. We also spoke to another Google whistleblower Greg Coppola, who has also called out big tech bias, and Dr. Robert Epstein, a leading expert on Google search engine bias, to get their take on the leaked documents and Vorhies’ allegations against Google. === If you enjoyed this video, please LIKE it.

Roger Scruton on Moral Relativism


Published on Jan 4, 2013

A conversation with Roger Scruton at Café Gerbeaud in Budapest, Hungary, on the topic of moral relativism. Hosted by the Common Sense Society on January 25, 2012.