Mnuchin thinks half a trillion of taxpayer money is "proprietary information"











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Watch trump psychotically, hysterically defend Russia

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Trump for reasons not yet known is a WITTING TOOL OF PUTIN and the Russians. His withdrawal of 12,000 troops from Germany puts a fracture in the NATO defense structure. He will not acknowledge US intelligence of Russian bounties on US troops .. incredible. — Barry R McCaffrey (@mccaffreyr3) July 30, 2020 General just used “WITTING” in all caps. Not insignificant. Noted. https://t.co/wVDZG7RNWR — Lincoln's Bible (@LincolnsBible) July 30, 2020 NEW: President Trump tells @jonathanvswan on #AxiosOnHBO that he didn't raise the issue of alleged bounties on U.S. troops during his call with Vladimir Putin last week: "That was a phone call to discuss other things." pic.twitter.com/daISvMFUE1 — Axios (@axios) July 29, 2020 The Axios interview is even worse than it appeared at first glance: Trump defends Russia supplying weapons to the Taliban (!). "Well, we supplied weapons when they were fighting Russia." Who on earth talks like this? https://t.co/Q7amdresPz @j...
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Every day, Markets are jammed higher following the Fed’s repo operations

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First, They Think You're Crazy... Authored by Sven Henrich via NorthmanTrader.com, 80's Party First they think you’re crazy and then they’ll join you. On January 14th I outlined a rather obvious appearing correlation between the Fed’s repo operations and the  market’s behavior:  Every day, no matter what happens or what data is thrown at this market the same pattern repeats: Markets are jammed higher following the Fed’s repo operations. It is this chart I’ve been posting on twitter every day since and no change to the pattern: This has been going on for a while and has gone into overdrive since early December, the last real dip in markets: “ Since the beginning of December, the combined reserve management purchases plus repo injections has been approximately $400 bn." The impact on the market’s behavior is now obvious in the charts, nothing but 45 degree channel price levitation: And while folks like myself are being dismissed as QE conspiracy theorists the Wall Street Jou...
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