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World's Largest Actively Managed-Bond Fund Dumps "Excessively Risky" Eurozone Bank Debt

World's Largest Actively Managed-Bond Fund Dumps "Excessively Risky" Eurozone Bank Debt

Back in September, Tad Rivelle, Chief Investment Officer for fixed income at LA-based TCW, said in a note that "the time has come to leave the dance floor", noting that "corporate leverage, which has exceeded levels reached before the 2008 financial crisis, is a sign that investors should start preparing for the end of the credit cycle." Ominously, he added that “we’ve lived this story before.” Five months later, the FT reports that TCW, which is also the US asset manager that runs the world’s largest actively managed bond fund, has put its money where its bearish mouth is, and has eliminat

Is a Global Wide Cash Ban Coming?

Anyone who has been paying attention over the last four years knows the Europe is ground zero for Central Planning insanity.

Europe was created as a union with open borders with the open flow of capital. However, the elites have clearly demonstrated that they are willing to lie cheat and steal in order to maintain their agenda.

Case in point, Europe has already seen:

1)   The implementation of border and capital controls during a crisis (2012-2013).

Schauble Agrees With Trump That Euro Is "Too Low" For Germany, Blames Mario Draghi

Schauble Agrees With Trump That Euro Is "Too Low" For Germany, Blames Mario Draghi

In surprising comments that may rekindle a verbal currency war between president Trump and Europe, German finance minister Wolfgang Schäuble told German newspaper Tagesspiegel that in his opinion the Euro is "too low" for Germany, echoing criticism from Trump's trade advisor Peter Navarro, who last week told the FT that Germany was exploiting its US and EU partners by using a “grossly undervalued” euro to create a vast trade surplus.

UC Berkeley Staff Helped Beat Milo Fan To ‘Bloody Pulp’

A UC Berkeley rioter who beat a Milo Yiannopoulos audience member to a bloody pulp has been revealed to be a staffer from the university. Dabney Miller, staff member at UC Berkeley, bragged online about using violence against conservatives outside the venue Milo was due to give a speech at on Wednesday night. Thegatewaypundit.com reports: He posted images of one man he knocked to the ground and pummeled with his fists before someone pulled him away. Dabney Miller draws a paycheck from the UC Berkeley administration.

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