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The Best in Alternative News

Reddit-Rebels Rout Big-Shorts; Bonds, Bitcoin, & Bullion Bid…

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by Tyler Durden at ZeroHedge Reddit-Rebels to big shorts today… Or put another way… Source: Bloomberg This was the biggest short-squeeze day since the peak of the chaos with GME in January… Source: Bloomberg And as shorts were squeezed, hedgies unwound some of their favorites for liquidity… Source: Bloomberg AMC was the kingmaker today, up […]

How to Wipe Out Puerto Rico’s Debt Without Hurting Bondholders by Ellen Brown…

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During his visit to hurricane-stricken Puerto Rico, President Donald Trump shocked the bond market when he told Geraldo Rivera of Fox News that he was going to wipe out the island’s bond debt. He said on October 3rd: You know they owe a lot of money to your friends on Wall Street. We’re gonna have […]

The Reason the Fed is Raising Rates, and Why It Won’t Work by Mike Whitney…

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Why is the Fed creating incentives for US corporations to destroy themselves? Why is the Fed pushing insurance companies and retirement funds into bankruptcy? Why is the Fed raising interest rates when inflation is still well below its 2 percent target? Things are not always what they seem. In theory…

Goldman Bans Partners From Donating To Trump Campaign…

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Goldman’s partners are “prohibited from engaging in political activities and/or making campaign contributions to candidates running for state and local offices, as well as sitting state and…

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