Anonymous ID: e67229 Nov. 23, 2020, 2:16 p.m. No.11755271   🗄️.is 🔗kun

Apple Head Of Security Charged With Attempted Bribery Over Concealed Carry Gun Licenses

 

Apple's Chief Security Officer, Thomas Moyer, has been charged by a California District Attorney for attempting to bribe state officials in return for concealed firearms licenses, according to Bloomberg, citing court documents and a statement from the Santa Clara DA's office.

 

Apple's Thomas Moyer, 50, was named along with Santa Clara County Undersheriff Rick Sung and Captain James Jensen in a scheme to trade CCW licenses for 200 iPads worth close to $70,000. The deal was called off after Sung and Moyer learned that the District Attorney's office had executed a search warrant at the Sheriff's Office, seizing all CCW license records.

 

The two-year investigation by the District Attorney’s Office revealed that Sung, aided by Jensen in one instance, held up the issuance of concealed firearms (CCW) licenses until the applicants gave something of value. -Bloomberg

 

"In the case of four CCW licenses withheld from Apple employees, Undersheriff Sung and Cpt. Jensen managed to extract from Thomas Moyer a promise that Apple would donate iPads to the Sheriff’s Office," reads a statement from the DA. "The promised donation of 200 iPads worth close to $70,000 was scuttled at the eleventh hour just after August 2, 2019, when Sung and Moyer learned of the search warrant that the District Attorney’s Office executed at the Sheriff’s Office seizing all its CCW license records."

 

"The various fees required to obtain a CCW license generally total between $200 and $400. Under state law, it is a crime to carry a concealed firearm without a CCW license. Although state law requires that the applicant demonstrate “good cause” for the license, in addition to completing a firearms course and having good moral character, the sheriff has broad discretion in determining who should qualify," the statement continues.

 

Moyer, who has been with Apple for approximately 15 years, has been the head of global security since November 2018, according to LinkedIn.

 

His attorney said in a statment: "Tom Moyer is innocent of the charges filed against him," adding "He did nothing wrong and has acted with the highest integrity throughout his career. We have no doubt he will be acquitted at trial."

 

https://www.zerohedge.com/political/apple-head-security-charged-attempted-bribery-over-concealed-carry-gun-licenses

Anonymous ID: e67229 Nov. 23, 2020, 2:18 p.m. No.11755301   🗄️.is 🔗kun

Armed Black Lives Matter Militants Shut Down Traffic in Louisville, After Local Activist Was Shot and Killed During Carjacking

 

Black Lives Matter militants in Louisville are stopping traffic with long guns.

 

In footage from a livestream taken at the “protest” a man with a long gun is seen standing in front of a vehicle to make sure that the driver cannot safely pass.

 

The militants are out protesting the death of Travis Nagdy, a local BLM activist who was killed on Monday. The 21-year-old was shot during a carjacking and died in the hospital. The department’s homicide unit is investigating, but no suspects have been identified.

 

https://www.thegatewaypundit.com/2020/11/watch-armed-black-lives-matter-militants-shutting-traffic-louisville-local-activist-shot-killed-carjacking/

Anonymous ID: e67229 Nov. 23, 2020, 2:20 p.m. No.11755322   🗄️.is 🔗kun   >>5347

THE NEW WORLD ORDER: COMMUNISM BY THE BACKDOOR (2015) Full Documentary 5½ hours

 

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The New World Order Communism by the Backdoor – Great Documentary Video!

Monday, November 23, 2020 15:30

 

The New World Order Communism by the Backdoor Compilation – Short Version from full documentary below.

 

New World Order – Communism by backdoor is Dennis Wise’s second documentary after his first documentary “Adolf Hitler: The Greatest Story Never Told.” New World Order – Communism by backdoor focuses on New World Order and historical information that are related to New World Order.

 

THE NEW WORLD ORDER: COMMUNISM BY THE BACKDOOR (2015) Full Documentary 5½ hours

 

https://www.bitchute.com/video/mQsCcqY8uKTS/

 

https://www.bitchute.com/video/ZVXyqoeTOURA/

 

https://archive.org/details/Project1_20180128

 

https://communismbythebackdoor.tv

Anonymous ID: e67229 Nov. 23, 2020, 2:25 p.m. No.11755398   🗄️.is 🔗kun

University Of Hypocrisy: Elite U.S. Institutions Receive Billions From ‘Nations That Abuse Human Rights On A Massive Scale’

 

An unsettling investigative report about American universities and funds they receive from foreign nations

 

National Review released Monday an unsettling investigative report about American universities and funds they receive from foreign nations. “While governments of allies such as England, Germany, and Italy all donate directly to U.S. colleges,” writes National Review, “roughly one-third of declared foreign funds come from nations that abuse human rights on a massive scale.”

 

American universities; the most liberal places on earth, where outrage and freedom of expression with zero consequences are as free-flowing as the oxygen in the air, receive billions of dollars from the most oppressive countries in the world. All credibility touting equality and fighting for human rights is completely gone.

 

“Following a series of investigations by the U.S. Department of Education, various universities reported receiving $6.6 billion in recent years from countries including Qatar, China, Saudi Arabia, and the United Arab Emirates” reports National Review. The Education Department fears “this amount is a fraction of the true total” and the money could be considered a “national security risk.”

 

It’s the most elite institutions receiving the funds including “Harvard, Stanford, Northwestern, Texas A&M, Cornell, and MIT.” Education Department records reviewed by the Clarion Project showed “between 2012 and 2019 Harvard has disclosed donations of $79,272,834 from China, $7,077,754 from Qatar, and $30,637,202 from Saudi Arabia.” MIT has disclosed “$83,358,344 in donations from Russia, $31,472,548 from China, and $83,100,000 from Saudi Arabia.”

 

Hypocrisy is the least of the problematic consequences. In March of 2018, Saudi Crown Prince Mohammed bin Salman made a highly publicized trip to Boston’s Massachusetts Institute of Technology to promote multi-million dollar partnerships between the Saudi government and elite universities. Traveling with the prince was Maher Abdulaziz Mutreb, “a diplomatic official who appeared to be acting as a bodyguard. Six months later, Mutreb would coordinate the killing of Saudi citizen and Washington Post columnist Jamal Khashoggi in the Saudi consulate in Istanbul.”

 

National Review notes just how close this scenario was to our universities. “Mutreb ‘had engaged with members of the M.I.T. community’ during the crown prince’s visit, associate provost Richard Lester old the New York Times in June 2019.” Lester said it was “an unwelcome and unsettling intrusion into our space, even though evident only in retrospect.” It’s doubtful any of the millions were returned on principle, but shame on these universities for taking money from the largest human rights violators on the national stage.

 

https://thegreggjarrett.com/university-of-hypocrisy-elite-u-s-institutions-receive-billions-from-nations-that-abuse-human-rights-on-a-massive-scale/

Anonymous ID: e67229 Nov. 23, 2020, 2:26 p.m. No.11755417   🗄️.is 🔗kun   >>5523 >>5847

Biden and Friends Busted Partying and Singing Without Masks or Social Distancing at Joe’s Elite Birthday Bash

 

 

Democrats attend birthday parties indoors.

 

But expect you to celebrate Thanksgiving alone outside.

 

Americans are tired of the hypocrisy.

 

— Rep. Jim Jordan (@Jim_Jordan) November 22, 2020

 

https://www.investmentwatchblog.com/biden-and-friends-busted-partying-and-singing-without-masks-or-social-distancing-at-joes-elite-birthday-bash/

Anonymous ID: e67229 Nov. 23, 2020, 2:29 p.m. No.11755453   🗄️.is 🔗kun

7 Things That Were "Crazy Conspiracy Theories" Until 2020 Happened

 

Remember back in the old days of, say, 2019, when anyone who talked about microchip implants, Americans being forced to show travel papers, and re-education camps was thought to be a crazy conspiracy theorist? And then 2020 rolled around and voila! It turns out those conspiracy theories weren’t so “crazy” after all.

 

And I’m not just talking about the government releasing info about UFOs.

 

We’re living in a time when someone will attempt to beat the crap out of you, burn your house down, or even kill you if you voted for the “wrong” presidential candidate. We’re being subjected to curfews, our movement is restricted, and our businesses have been forcibly shut down. One day, people will look back on this as the year that everything changed – or depending on how Americans respond to the mandates – the year we finally said enough.

 

Here are seven things that were considered crazy conspiracy theories…until now, when they’re becoming far too real.

#1) Universal Basic Income

 

Did you ever really think we’d live in a country where the government would tell private business owners when and how they could operate? Where workers would be told, “You can no longer go to work for your own good?”

 

Well, welcome to 2020.

 

22 million jobs were lost and only 42% of those were recovered by last August, when the country began to reopen. Millions of the lost jobs were permanent losses, as businesses across the country fold under the weight of the restrictions that either don’t allow them to operate or the money problems of their former customers.

 

“It’s clear that the pandemic is doing some fundamental damage to the job market,” said Mark Zandi, chief economist for Moody’s Analytics. “A lot of the jobs lost aren’t coming back any time soon. The idea that the economy is going to snap back to where it was before the pandemic is clearly not going to happen.”

 

…More than 10 million Americans are currently categorized as temporarily out of work. But historically, nearly 30% of people who tell the Labor Department that they are temporarily unemployed never get their job back, said Heidi Shierholz, senior economist at the Economic Policy Institute, a liberal think tank.

 

“Even though we don’t know if the historical record will hold in this case, it’s an extremely valid concern that not all of those people are going to get called back,” she said.

 

People who are counting on businesses reopening their doors may be surprised to find that a temporary loss has become permanent one, said Zandi. (source)

 

Of the businesses that have closed, many will never reopen. Most harshly affected were small businesses.

 

About 60% of businesses that have closed during the coronavirus pandemic will never reopen, and restaurants have suffered the most, according to new data from Yelp. (source)

 

So we have not only people who became unemployed, but we also have business owners who’ve lost everything. As we go into the second round of lockdowns across the United States, it’s not a stretch of the imagination to think that some of the small businesses that have thus far managed to stay afloat will succumb to the economic effects of these mandates…taking with them even more jobs and plunging even more people into poverty.

 

Poverty is a vicious cycle and one seemingly small thing can suck those who are struggling into a vortex of fees and penalties from which emerging seems impossible. I’ve written about my own experiences with poverty here. The concern is that even fewer people will recover financially after this round of government mandates, leaving even more Americans broke, hungry, and homeless.

 

https://www.blacklistednews.com/article/78606/7-things-that-were-crazy-conspiracy-theories-until-2020.html

Anonymous ID: e67229 Nov. 23, 2020, 2:32 p.m. No.11755493   🗄️.is 🔗kun

Great Reset’ in Davos at the forefront of a ‘great deception’ in the free world

 

Powerful individuals, groups and large global organisations are at the forefront of a plan labeled ‘The Great Reset’ which intends to use the fear generated by the coronavirus to reshape the world and achieve net zero emissions says Sky News host Rowan Dean.

 

“The Australian taxpayer spends a fortune sending top politicians and public servants year in year out in luxury style to attend the World Economic Forum in Davos to help map out global economic structures”.

 

However, Mr Dean pointed out behind its lavish exterior the World Economic Forum is working with the UN, IMF and other high-profile globalist organisations to introduce online activist movements and compliant local and national governments through a vast network of connected corporations.

 

“It is a global commitment they have made to use the panic and fear generated by the corona virus as a means to reshape all our economies and laws and move to a new form of capitalism that focusses on net zero emissions”.

READ What Is “The Great Reset”?

 

“To use all the tools of COVID to tackle climate change”.

 

Mr Dean said “if implemented successfully, The Great Reset will undeniably and deliberately have extreme and possibly dire repercussions”.

 

“‘You’ll own nothing, and you’ll be happy’ is just one of their marketing slogans,” he said.

 

“The plan involves replacing shareholders of big companies with stakeholders, who happen to be left-wing bureaucrats and climate change zealots. Replacing Mum and Dad small businesses and private enterprises with big tech and big business”.

 

“Remember, it’s not only a great reset, it’s a great deception.”

 

https://www.investmentwatchblog.com/great-reset-in-davos-at-the-forefront-of-a-great-deception-in-the-free-world/

Anonymous ID: e67229 Nov. 23, 2020, 2:36 p.m. No.11755545   🗄️.is 🔗kun   >>5622

One Hour Before Fake “Republican” Jeff Timmer Demanded Certification Of MI Vote, He Tweeted: “Merry F**king Christmas Melania Trump”

 

100 Percent Fed Up – I worked as a poll challenger in Detroit and left feeling like I was living in a third world country. The chaos, the shouting, the badgering, threatening, bullying, and intimidating of anyone identified as a member of the other team (Republicans) was off the charts. I walked away, feeling like the America I love is being stolen by an evil “win-at-all-cost” ideology.

 

The video below is just one example of how the paid Wayne County election workers, Democrat poll challengers, and Democrat operatives cheered after they managed to get another GOP poll challenger or attorney working for the GOP removed from the room where they were observing the ballots.

 

Last week, the lives of two Republican members of the Wayne County Board of Canvassers and their families were threatened by unhinged people who were furious that after following the rules to not certify the votes if the boards are out of balance, voted to not certify the votes in the city of Detroit where a whopping 71% of the precincts were out of balance, meaning the final tabulation of votes doesn’t match the number of ballots cast.

 

Today, two Republican members (who were pre-emptively threatened), and two Democrat members of the Michigan Board of State Canvassers are being asked to ignore hundreds of affidavits pointing to massive voter fraud, intimidation of GOP poll challengers, and even accusations of fraud witnessed by a Dominion worker at the TCF Center, and certify the state’s November election results.

 

Yesterday, an email was sent out with a link for Michigan citizens to join the zoom call today and have their voices heard. Almost three hours into the call and most of the outside voices have been those of Democrat officials, many of whom were never at the TCF Center, demanding that the vote be certified today. One of the strongest voices, former MI GOP Executive Chair Jeff Timmer, was curiously chosen as the first non-elected official to speak. Timmer used his time to demand that the MI Board of Canvassers “do their jobs” and certify the vote.

 

Timmer’s hatred isn’t limited to President Trump, the unhinged “Republican” retweeted a message of support for Senator Congressman Bill Huizenga for Senator John James. Timmer tweeted: “Great big whoopity shit,” saying that Republicans haven’t “offered any evidence of fraud in any court.”

 

Timmer was one of the few “Republicans” allowed to speak today. This is how democracy works in Michigan, 90% of Democrats were able to share their opinions on the zoom call while, one of the only spots given to Republican to speak, was given to a Trump-hating fake Republican.

 

https://www.thegatewaypundit.com/2020/11/one-hour-fake-republican-jeff-timmer-demanded-certification-mi-vote-tweeted-merry-fking-christmas-melania-trump/

Anonymous ID: e67229 Nov. 23, 2020, 2:40 p.m. No.11755615   🗄️.is 🔗kun

Military Situation In Syria On November 23, 2020 (Map Update)

 

A brief overview of the recent developments in Syria:

 

On November 22, the Turkish Army established a new military post near the village of Ruwayha;

On November 22, an Syrian Arab Army (SAA) intelligence servicemember was shot dead in Jalin town by unknown gunmen;

On November 22, Syrian President Bashar Assad has appointed Faisal Mekdad as the new foreign minister;

On November 22, Turkish-backed forces continued shelling areas near Ain Issa town. Two civilians were reportedly wounded;

On November 22, A leader of the Sham Legion was injured by a bomb explosion in his car in the town of Kafr Takharim;

On November 22, a US military delegation and representatives of the International Coalition met with leaders of the Syrian Democratic Forces (SDF) and the Deir Ezzur military council in the Omar Oil Fields area.

 

https://southfront.org/military-situation-in-syria-on-november-23-2020-map-update/

Anonymous ID: e67229 Nov. 23, 2020, 3:18 p.m. No.11756215   🗄️.is 🔗kun

SECOND VIDEO REVEALED of Dominion Voting System’s Eric Coomer Explaining to Elections Officials How to Switch Votes

 

Dr. Eric Coomer who is responsible for the strategy and Security of Dominion Voting Systems at Dominion Voting Systems.

 

But if you search the company’s profile Eric Coomer has since been removed from their page of directors.

 

 

Dr. Coomer’s statement brings to light a very serious issue all voters should understand. Voting systems must be re-certified each time they make changes to the hardware or software. Recertification is an expensive and time consuming process. What Dr. Coomer told the Board is that Dominion Voting does not go back for recertification of software when threats to their code are discovered. Rather, they rely on post-election audits and providing advice to election jurisdictions about security. I have reviewed all of the recertification documents produced by Dominion, and I do not recall any software adjustments for security purposes.

 

This is the reality of the security of your vote. Software systems that count and record the vote across Illinois and throughout the USA are not updated to address security problems, and even if they were, the software can be completely bypassed by going to the data tables that drive the systems.

 

And in 2017 Eric Coomer explained how to alter votes in the Dominion Voting Systems in a Chicago demonstration.

Here is the video…

https://youtu.be/BbCmq0jPUxY

 

Now this…

A video turned up from 2017 where Dr. Eric Coomer from Dominion Voting explained to Chicago elections officials how to alter votes in the Dominion voting machines.

 

This then is the SECOND VIDEO of top Dominion executive explaining to elections officials how to alter votes with the Dominion machines!

 

This was a separate demonstration in the Chicago area (notice he is wearing a dark jacket and is without the wrist protector.)

 

https://www.thegatewaypundit.com/2020/11/breaking-second-video-revealed-dominion-voting-systems-eric-coomer-explaining-elections-officials-switch-votes-video/

Anonymous ID: e67229 Nov. 23, 2020, 3:22 p.m. No.11756264   🗄️.is 🔗kun   >>6285 >>6293 >>6301 >>6340 >>7010

General Services Administration Reportedly Tells Biden Transition Can Formally Begin

 

The US General Services Administration has told Democrat Joe Biden that the transition of power can formally begin, CNN reported on Monday, citing a letter by GSA Administrator Emily Murphy.

 

According to the letter, the Biden transition team may access post-election resources and services.

 

https://sputniknews.com/us/202011231081254104-general-services-administration-reportedly-tells-biden-transition-can-formally-begin/

Anonymous ID: e67229 Nov. 23, 2020, 3:24 p.m. No.11756315   🗄️.is 🔗kun   >>6530

Pope Francis Holds Unprecedented Meeting With NBA Players to Discuss Social Justice Efforts

 

In recent months, there have been several instances of police brutality against Black Americans, including the killing of 46-year-old George Floyd in Minneapolis, Minnesota, and the shooting of 29-year-old Jacob Blake in Kenosha, Wisconsin.

 

A delegation of five National Basketball Association (NBA) players and officials met on Monday with Pope Francis at the Vatican to discuss ways to address social justice and economic inequality following the deaths and injuries of several Black Americans at the hands of police.

 

The visit, which took place in the Apostolic Palace, was arranged after the Vatican extended an invitation to the players’ union, the National Basketball Players Association (NBPA); the pope recently expressed interest in learning more about the players’ social justice activities, the union said. Executive Director of the NBPA Michele Roberts and players Kyle Korver, Sterling Brown, Anthony Tolliver, Marco Belinelli and Jonathan Isaac joined the meeting.

 

During the meeting, the players discussed social efforts they are involved in related to the Black Lives Matter Movement and also offered the pope a book that outlines many of their community and social initiatives as well as an Orlando Magic jersey and a Black Lives Matter T-shirt.

 

“We are extremely honored to have had this opportunity to come to the Vatican and share our experiences with Pope Francis,” Korver said, according to a news release from the NBPA. “His openness and eagerness to discuss these issues was inspiring and a reminder that our work has had a global impact and must continue moving forward.”

 

Both Brown and Korver were players who refused to take part in scheduled basketball games for the Milwaukee Bucks in August after the shooting of Blake, as a protest of police brutality. The wave of protests also spread to other leagues, including Major League Baseball, Major League Soccer and the Women's National Basketball Association.

 

During the meeting, Francis referred to the players as “champions,” AP reported.

 

“You're champions," Pope Francis said. “But also giving the example of teamwork, you've become a model, giving that good example of teamwork but always remaining humble … and preserving your own humanity."

 

Since Pope Francis was elected in 2013, he has attempted to address issues of social justice, including poverty, migration and inequality.

 

In his October encyclical titled “Brothers All,” the pope wrote that “a readiness to discard others finds expression in vicious attitudes that we thought long past, such as racism, which retreats underground only to keep reemerging.”

 

“Instances of racism continue to shame us, for they show that our supposed social progress is not as real or definitive as we think,” he added.

 

https://sputniknews.com/society/202011231081253367-pope-francis-holds-unprecedented-meeting-with-nba-players-to-discuss-social-justice-efforts/

Anonymous ID: e67229 Nov. 23, 2020, 3:27 p.m. No.11756367   🗄️.is 🔗kun   >>6482

Stacey Abrams: ‘More than 750,000’ Georgians Already Requested Mail Ballots for Runoff Election

 

Failed Georgia gubernatorial candidate Stacey Abrams announced Monday that “more than 750,000 Georgians have requested their ballots” for the Senate runoff election taking place on January 5.

 

“More than 750,000 Georgians have requested their ballots for the January 5 runoff elections,” Abrams wrote. “Have you? Request yours today and let’s get it done… again.”

 

🚨BREAKING: More than 750,000 Georgians have requested their ballots for the January 5 runoff elections. Have you? Request yours today and let’s get it done… again: https://t.co/xCyh7BhY3o. 🗳👏🏿 #gapol pic.twitter.com/q1xSybczXg

 

— Stacey Abrams (@staceyabrams) November 23, 2020

 

Included in Abrams’ announcement on Twitter was a gif with the caption: “I’ve got a secret for you… we’re going to win.”

 

Also included in Abrams’s tweet was a link at which Georgia residents can request a mail-in ballot for the runoff elections between Sen. Kelly Loeffler (R-GA) and her Democrat challenger, Raphael Warnock, and another between Sen. David Perdue (R-GA) and his Democrat opponent, Jon Ossoff.

 

In an effort to shift power in the Senate to Democrats, a voting rights group founded by Abrams has already reportedly dropped $2.7 million ahead of the runoff election.

 

Earlier this month, it was reported that those two Senate races in the Peach State could be some of the most expensive in history. One estimate said the spending could go beyond $200 million.

 

https://www.breitbart.com/politics/2020/11/23/stacey-abrams-more-than-750000-georgians-already-requested-mail-ballots-for-runoff-election/

Anonymous ID: e67229 Nov. 23, 2020, 3:29 p.m. No.11756400   🗄️.is 🔗kun

Pennsylvania Governor Bans Alcohol Sales On The Day Before Thanksgiving

 

Democratic Pennsylvania Governor Tom Wolf is tapping into his state's Quaker roots to deliver an economy-sized dose of Thanksgiving disappointment. In an effort to avert a coronavirus-inspired lockdown, the governor said Monday that he would ban alcohol sales in the state on the day before Thanksgiving via executive order.

 

Bars and restaurants should stop selling alcohol starting at 1700ET on Wednesday until 0800ET Thanksgiving morning. Since Thanksgiving is typically "the biggest day for drinking", the governor hopes the mandate could help slow the spread of the virus.

 

So, for the millions of Americans who ignored the CDC's warnings and traveled home for the holidays anyway, the traditional pre-Thanksgiving tradition of hooking up with an old high school classmate while out at the ol' stomping ground bars on the night before Thanksgiving will be - like pretty much everything else in 2020 - ruined, in Pennsylvania and many other states.

 

Because while alcohol sales can legally continue in New York and New Jersey, those states have curfews in place or other restrictions to stop bars from opening to patrons this holiday season.

 

"This is an advisory," Wolf said. "All Pennsylvanians, in order to stay safe, ought to stay home. It is vital that every single Pennsylvanian takes these mitigation steps seriously."

 

The ban on alcohol sales follows orders to limit holiday gatherings to members of one's immediate family or household. The governor warned that all of these restrictions would help the state avoid "greater strain" on its health-care system, which is more vulnerable in rural parts of the vast Keystone state.

 

"As our hospitals and health care system are facing greater strain, we need to redouble our efforts to keep people safe," Wolf said in a statement. "If our health care system is compromised, it isn’t only COVID-19 patients who will suffer. If we run out of hospital beds, or if hospital staff are over-worked to the breaking point, care will suffer for every patient – including those who need emergency care for illnesses, accidents, or chronic conditions unrelated to COVID-19."

 

To be sure, many Pennsylvanians had probably grown weary of Wolf's aggressive restrictions even before this latest executive order.

 

They'll have their chance to get their revenge at the polls some day. But for now, at least the Steelers game is still on.

 

https://www.zerohedge.com/political/pennsylvania-governor-bans-alcohol-sales-day-thanksgiving

Anonymous ID: e67229 Nov. 23, 2020, 3:30 p.m. No.11756432   🗄️.is 🔗kun

Central Banks To Add Liquidity Worth 0.66% Of Global GDP On Average Every Month In 2021

 

Earlier today we explained why Morgan Stanley's chief equity strategist Michael Wilson voiced concerns about the continuation of the "overcooked" equity rally, expecting a drawdown into year end for the simple reason that "both fiscal and now monetary policy have become reactive rather than proactive. For markets, that becomes the itch that needs to be scratched–i.e. market pressure is necessary and likely to get Congress and/or the Fed to act."

 

And yet, once the coming period of volatility is over, Morgan Stanley sees the bull market continuing with the S&P expected to rise another 10% over the next 12 months.

 

Why? The answer is simple, and is the same one explaining the market's rally over the past decade: the unprecedented liquidity injection by central banks since 2009.

 

As Morgan Stanley's chief rates strategist Matthew Hornbach wrote in a note this morning, while conceding that "unforeseen obstacles to a buoyant risk environment will arise" he said that "current central bank policies are aimed at softening those blows, and will be effective at doing so." Indeed, as Hornback predicts, "not only will central bank balance sheets continue to expand", with the Morgan Stanley strategist expecting G4 central bank balance sheets to hit just why of $30 trillion in two years, up from $25 trillion currently…

 

https://www.zerohedge.com/markets/central-banks-add-liquidity-worth-066-global-gdp-average-every-month-2021