SHOCK CLAIM: China’s Stock Market is Totally Rigged

After last year’s market rout in China, accompanied by an FX crisis that presented the great dog eating nation with horrible problems, the Shanghai has been under complete government control. Some cynics out there might call it ‘rigged.’

The Shanghai has now gone 84 trading days without going down by 1% — the longest stretch since their experiment in stock market shenanigans began in 1992. Of the 13 trading days that the index dared to trade down by 1% or more, the index always rebounded into the close. I am sure it’s all a great coincidence, that the biggest and shittiest and most overvalued market in the world is suddenly and inexorably docile.

Nothing to see here. You must all be getting tired now after a long day’s work. You should stop reading this now and go tuck yourselves into bed. Soooo sleepy, ZzZzZzZ.

According to an unnamed source talking to Bloomberg, the Chinese government has been ‘limiting the extent of declines’ by injecting funds into stocks. You don’t say?

CSRC Chairman Liu Shiyu said last year that the state will intervene “decisively” if needed to bolster the market, while stability has been a key focus of policy makers in 2017 as the ruling Communist Party prepares for a twice-a-decade leadership reshuffle toward year-end.

Authorities favor a steady stock market because it helps companies fund investment and repay debt by issuing new shares, which could help boost economic growth, according to Yin Ming, a vice president at Baptized Capital in Shanghai.

“The national team is behind it,” Yin said. “State funds will likely continue to be a market stabilizer.”

How wonderful. I can’t envision anything that could ever derail such a great plan. What can go wrong?

There’s quite a difference in culture between the University of Auburn and Berkeley. Unlike in Cali, the Alabaman police offer zero quarter for marxist scum — forcing them to unmask else get arrested.

BEHOLD.

The local citizenry seems to be discomforted by their presence, with the usual southern hospitality afforded to most visitors absent from the Auburn campus.

Here’s one of the miscreants attacking a ‘Nazi’ with a lock, before being quickly arrested.

The entire ANTIFA movement is rich with irony — a group of Marxist vagrants, funded by billionaires, to foment violence nad destroy property — all in the name of stifling free speech. It sounds to me, they’re the problem, not the antidote.

It’s all coming together now. All inside Trump’s 1st 100 days in office, we can clearly see where his administration is heading toward — all out war. It’s fun and games now, up until when the draft is reinstated and your ANTIFA fighting skills are put to the test inside of Tehran.

Incredulously, our Sec. of State, Rex Tillerson, just did a presser, announcing the Trump administration was doing a ‘comprehensive review’ on Iran, followed by a lot of saber rattling.

“The Trump administration is currently conducting across the entire government a review of our Iran policy … an unchecked Iran has the potential to follow the same path as North Korea and take the world along with it. The United States is keen to avoid a second piece of evidence that strategic patience is a failed approach.”

The entire speech was filled with ridiculous anecdotal evidence, ‘proving’ how evil Iran was — such as a photograph of a bomb scrawled with ‘Death to Israel’ on it. Clearly, that sort of graffiti and hate speech is unacceptable. We ought to go with war with them now.

Tillerson's case for war with Iran. pic.twitter.com/1e0ZRmLvwJ

— The_Real_Fly (@The_Real_Fly) April 19, 2017

Tillerson droned on, tediously reminding the world how fucked up Iran was and how it was the job of the United States to police it — instead of ‘passing the buck’ down to future administrations.

Nothing says ‘America first’ like policing the shittiest parts of the planet — all for the sake of proving American is tough again. Since we already destroyed most of the middle east, I suppose another war or two won’t kill too many. We might as well do it — providing it could stop the Iranians from saying ‘death to Israel’, menacing our boats in the Persian gulf, and annoying our good friends in Saudi Arabia by trying to sponsor more terrorists than them.

I’m blogging from the road today, watching stocks act retarded. With less than a 1% drop in gold, thr underlying equities are crashing — down by more than 5%.

It’s not time to buy the dip in gold. Be patient.

Crude oil is down nearly 4%, but the stocks are holding firm with losses in the magnitude of 2%. The next OPEC meeting will be held on my birthday, May 25th. I’m sure those shills will figure a way to boost markets, artificially.

I’m not a big fan of overexaggerating daily moves anymore. We’re living in a mean reversion world, which is why Exodus is so accurate. Gone are the days of crazy eyed momo set ups. This is a whack a mole market that rewards those willing to buy dips and sell rips, frustrating those who depend on breakouts for a living.

I’m long $OAS, getting clubbed out like a drunken trouble maker. All of my other holdings are doing fine — patiently waiting for war to break out. As a whole, the market looks fine, especially the Nasdaq.

Banks, tech and construction stocks are heading higher, amidst positive breadth. Buy dips, sell rips. In this case, oil is a buy.

Senator Lindsey Graham was practically ecstatic today — applauding President Trump’s recent hardnose stance against Syria, N. Korea and Iran.

If you’re still not worried about the Trump presidency, maybe it’s time that you learned that his new best friend is Lindsey Graham. According to Graham, the President is calling him all hours of the night.

Amongst other things, Graham is walking around with a hardened jimmy in his pants over the specter of total war. He’s living the dream, god damn it.

The global warming activist democrats in Trump’s White House, led by Ivanka and Jared Kushner, are trying to convince the President to reneg on yet another campaign pledge, against the advice of Steve Bannon.

According to Bloomberg, a pro Paris bloc in his administration, which targets greenhouse emissions, is recruiting energy companies to lobby the President to remain in the controversial agreement that he specifically said was a waste of money during the campaign.

Liquified natural gas producer, $LNG, is an ardent supporter of the agreement, obvious reasons.

“Domestic energy companies are better positioned to compete globally if the United States remains a party to the Paris agreement,” Cheniere wrote. The accord “is a useful instrument for fostering demand for America’s energy resources and supporting the continued growth of American industry.”

Additionally, Exxon Mobil, Royal Dutch Shell Plc and BP Plc are pro agreement. This is classic crony capitalism. By erecting environmental obstacles, the above energy giants will, effectivley, create a moat around their businesses. No one actually believes BP or Exxon cares about global warming, right?

Both Steve Bannon and EPA head, Scott Pruitt want out of the agreement. But, since Trump’s fashion designer daughter wants to keep her liberal NYC friends, the President is said to be weighing his options.

Trump is nearing a decision on whether he will fulfill repeated pledges to withdraw the U.S. from the accord he previously derided as “bad for U.S. business.” The White House postponed a planned Tuesday meeting of senior administration officials, including Pruitt, Tillerson, Kushner and Bannon, to go over the pros and cons of staying in the agreement, according to an aide citing a scheduling conflict.

The administration will decide what to do before late next month, when world leaders gather for the Group of Seven summit in Italy, White House press secretary Sean Spicer said.

Not every energy executive is on board. Coal baron Robert E. Murray has been outspoken in criticizing the deal, arguing it’s “just a way for other countries to get American money.”

Sec. of State,  Rex Tillerson, warned that backing out of the deal might cause the eurofags to retaliate by boycotting US businesses.

The Paris agreement, formed under Obama, commits America to cut emissions by 26% by 2025.

“The Paris agreement is designed to undermine American self government over the long term because the whole point of it is to put the United States inside a political pressure cooker” and influence domestic energy policy, said Marlo Lewis, a senior fellow at the Competitive Enterprise Institute. “The coal companies and oil and gas companies that are flirting with the Paris agreement don’t understand the existential threat that they’re buying into.”

We eagerly await the outcome of yet another Bannon v Kushner battle.

He likes to refer to himself as ‘an old spy’ on programs like Bill Maher. Former naval intelligence and independent contractor in Iraq/Afghanistan, Malcolm Nance tweeted the following yesterday — before erasing it.

One of the few former military talking heads who is actively shilling for the democrats on a daily basis, via MSNBC, Nance made the fatal mistake of permitting his emotions cloud his judgement with the above tweet. I’m sure the old man from Philly doesn’t really want innocent people to die in an explosion — just because they were unlucky enough to be inside of a Trump property. Right?

I’ll let you know when he apologizes.

Lead, nickel, tin, zinc, lead and copper: get used to caring about them. This market rally isn’t beholden to tech fags anymore. That industry lost its halo once Obama was escorted out of office. Under a Trump regime, expect to see rallies led by basic resources, casinos, military stocks — stereotypical names that one might read about in a comic book.

Just yesterday, Trump said Iran was in compliance with the ‘disastrous’ Iranian nuke deal. This should demonstrate, once again, that shilling is intensifying at the Trump White House. I am 99% certain he’s been body-snatched, sci-fi style, and will now conduct himself like a deep stater for the duration of his term.

Zinc is higher by 1.2%, Copper 0.7% and Nickel 0.5%. Nasdaq futs are higher by 20 and we’re looking bounce-worthy this AM.

The minimum wage for H1B visa recipients is $60,000, unchanged from 1989. Let me emphasize that for you. Our government is permitting companies to bring in foreign skilled labor at 1989 wages, completely undercutting the American workforce and driving down wages.

Today President Trump signed an executive order to reform the program.

“Right now, H-1B visas are awarded in a totally random lottery — and that’s wrong,” said Trump.

Annually, there is a quota of 85,000 new visas, with 20,000 reserved for master’s degree holders. To give you an idea how voracious an appetite American tech firms have for foreign labor, this was the fifth year in a row the cap had been met within 5 days.

The order was seen as a ceremonial media event, having little to no bearing on actual law. In order to effect real change, congress will need to change the law.

Tucker Carlson took on Mark Cuban to discuss the law — who is supportive of the H1b visas because MUH American exceptionalism and MUH capitalism. While against ‘hoarding’ visas, Cuban is supportive of the program because it allows American companies to hire skilled labor.

Tucker retorted, ‘that’s the talking point, and it makes sense […], but the reality, as you know, is 80% of foreigners admitted under H1b make less than the median income in which the work.  In other words, they’re being brought over, not because of their skills, but because they save labor costs. That’s a subversion of the idea.’

Cuban’s reply was to blame the visa hoarders on causing the problem, saying ‘that’s wrong, that’s not at the core of the H1b visa.’

Then Cuban twisted himself into a pretzel, saying ‘But when it comes to competing for the best talent around the world, I’m a big believer in American exceptionalism. I believe we can compete. When we can’t get the job, we get smarter. Work harder, get smarter, you’ll get it the next time around. I think that’s good for everybody.’

WTF? What sort of bullshit was Mark chewing on before spewing out this nonsense? But what about the wage gap, Mark?

Tucker weighed in, ‘except in a lot of those cases, we don’t get smarter, we get unemployed.’ Tucker went on to explain that over 40% of college graduates describe themselves as underemployed. He added, ‘so we have a massive labor pool that’s educated in our system (Cuban nodding), and yet they’re being turned away in favor of people who are being educated abroad. That does not help America in any way.’

(awkward silence, death blow delivered)

The government has an obligation to protect American jobs. By plainly stating that the religion of capitalism can do no wrong and that ‘market forces’ will lead the path towards utopia is rhetoric. By creating loopholes that lower wages, literally taking away jobs from skilled American labor, is the very definition of abdication of duty, in some cases treasonous.

The biggest H1B visa sponsors are:

Infosys
Cap Gemini
Tata Consulting
IBM
Wipro
Accenture
Tech Mahindra
Deloitte
Cognizant
Microsoft
HCL America
Google
Ernst and Young
UST Global
Larsen and Toubro
Amazon

It’s worth noting, many of those companies are consultants, who then used the skilled labor to work on projects on behalf of their fortune 500 clients. In others words, they’re merely gatekeepers, obfuscating the true nature of how pervasive this program is in the American workforce.

Let’s run down the timeline on events to date.

• Dems accused Trump of being a Russian spy
• Bullshit dossier leaked by Buzzfeed, suggesting Trump hired Russian hookers to piss on him. It was proven to be a hoax.Trump hit back with Obama wire tapped me
• Media goes apeshit, ridiculing Trump for making claim
• Rep. Schiff (D) in the news every day, calling for Russian investigation
• Rep. Nunes (R) reveals that something had gone awry with intelligence surveillance on team Trump
• Media doubles down on discrediting the idea that Obama could spy on Trump
• Judge Nap says British intelligence spied on Trump, gave intel to Obama
• Evelyn Farkas says in interview that she advised the intelligence agencies to preserve Trump-Russian intel
• Right wing media foams from the mouth, asking how Farkas had access to intelligence while working for Clinton campaign
• Media admits Trump was spied on via ‘incidental’ gathering via foreign agencies
• Judge Nap vindicated. Media fails to apologize
• Rep. Schiff vanishes from the spotlight
• Cernovich reveals that Susan Rice ordered unmasking of Trump in ‘incidental’ gathering
• Susan Rice confirms she had done this as part of her job
• The Guardian reveals British and six other nations were spying on Trump
• Washpo reveals FISA warrant was ordered to spy on Trump advisor, Carter Page
• ***TONIGHT: The FBI based their FISA warrant on discredited and comically produced ‘dossier’ to spy on Trump***

Now that you’re up to speed, CNN is reporting that James Comey based his FISA warrant on the pissgate dossier, a flaccid report put together using intel provided by pranksters on the Hitler loving website, 4 Chan.

Fucking embarrassing.

Carter Page issued this statement, in response to the findings

“I look forward to the Privacy Act of 1974 lawsuit that I plan to file in response to the civil rights violations by Obama administration appointees last year. The discovery process will be of great value to the United States, as our nation hears testimony from them under oath and we receive disclosure of the documents which show what exactly was done in 2016.”

Why is this significant? Without having credible intel asserting that Trump had Russian ties, the house of cards collapses on Obama — who will be laid bare for having ordered spying be done on team Trump for political purposes.

If that becomes the narrative, several Obama administration members will be heading to gaol.