US stocks continue risk-off, margin calls driving market declines

US regulators activated "circuit breakers" in stocks designed to limit losses for the NY Stock Exchange & NASDAQ. Both exchanges were set to open with 5% losses this morning, as investors continue to hoard cash. The market sell-off is global, with Japan's stock Nikkei Index down over 5.6% and the German DAX down nearly 8% on the day. Margin calls are forcing the liquidation of many bellwether stocks to cover losses in other areas, creating a vicious cycle of selling.

As of Friday last week, over 20% of market positions held by institutional investors (banks, hedge funds, pension funds etc) were based on margin - money borrowed to purchase stocks or futures positions, with other stocks pledged as collateral. As stocks begin to decline, the lenders (typically large investment banks or stock brokerages) make a margin call, which automatically forces the sale of the stocks that are the collateral for the loan, to cover the losses of the stocks purchased by the loan.

This forced-selling leads to further stock market declines, and then even more stocks must be sold to cover other stocks held on margin - that is, stocks which had been purchased via loans that must now be paid back. Investment banks typically accept only higher-quality assets and stocks as collateral: Bellwether stocks such as the DOW Jones, Fortune 100 type companies, or other "safe" assets such as gold, silver, even commodities like oil and natural gas, etc.

All assets seem to decline at once, but much of it is because algorithms are causing the forced sale of assets to cover the 20% of the market that was purchased based on margin loans, which now need to be covered.

A "one-world government" is being formed right now and it’s called the Great Reset, Glenn Beck said on the radio program Monday. And now, rebuild plans for the fire-damaged Notre Dame Cathedral hint at the formation of a global church, too.

In this clip, Glenn detailed plans for the iconic, 850-year-old church’s "woke" renovations that sound more like a 'politically correct Disneyland' complete with a "discovery trail," "emotional spaces," and 14 themed chapels.

"Notre Dame is now being built back better as a 'woke theme park' dedicated to environmentalism and social justice," Glenn explained.

"There will be several different chapels within, [for example] a chapel for social justice, and then chapel for environmental justice," he continued. "Which leads me to this point. The 'one-world government' is being formed, right now. One-world government. It is being formed and it's called The Great Reset."

Glenn went on to predict that one of the first steps in the direction of a one-world government will be a push for a global religion.

"I think we're seeing the first church now being dedicated to the new global religion — and it is social justice, environmental justice, and all this gobbledygook. We all know, it's not just wrong, it is dangerous. That's the first church, the cathedral of Notre Dame, in France, is the first global church. Mark my words. Christian, Jews, Muslims ... this global church will bring darkness unlike you've ever seen."

Watch the video clip from "The Glenn Beck Program" below:

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The Omicron COVID-19 variant: Should we ACTUALLY panic?

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As the new Omicron variant of the coronavirus approaches, it seems like those in power want everyone to be terrified, Glenn Beck argued on the radio program Monday.

The chair of the World Medical Association's Council, Frank Ulrich Montgomery, is already comparing the variant to Ebola and New York Gov. Kathy Hochul (D) has declared a state of emergency, despite the doctor who announced its discovery describing the new variant's symptoms as "unusual, but mild." So, should we really be worried or not?

In this clip, Glenn and producer Stu Burguiere reviewed what we know about the Omicron variant so far and gave a few reasons why we should wait for more information before succumbing to panic.

Note: The content of this clip does not provide medical advice. Please seek the advice of local health officials for any COVID-related questions & concerns.

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Faced with an oppressive government that literally burned people at the stake for printing Bibles, America's original freedom fighters risked it all for the same rights our government is starting to trample now. That's not the Pilgrim story our woke schools and corporate media will tell you. It's the truth, and it sounds a lot more like today's heroes in Afghanistan than the 1619 Project's twisted portrait of America.

This Thanksgiving season, Glenn Beck and WallBuilders president Tim Barton tell the full story of who the Pilgrims really were and what we must learn from them, complete with a sneak peek at the largest privately owned collection of Pilgrim artifacts.

Watch the video below

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Saule Omarova, President Joe Biden's nominee for comptroller of the currency, admitted she wants to fight climate change by bankrupting coal, oil, and gas companies. Alarmingly, Biden's U.S. special climate envoy, John Kerry, seemed to agree with Omarova when he said "by 2030 in the United States, we won't have coal" at the COP26 conference in Glasgow, Scotland, earlier this month. But that could end in massive electrical blackouts and brownouts across the nation, BlazeTV host Glenn Beck warned.

Carol Roth, author of "The War On Small Business," joined "The Glenn Beck Program" to explain what experts say you can do now to prepare your family for potential coming power outages.

"It's interesting. Usually when I go out and talk to experts in areas that are not 100% core to my area of expertise and I say, 'I would like to give you credit.' Usually I get, 'OK, here's how you credit me.' But everyone is like, 'No, no. Let me tell you what happened, just don't use my name.' And this is across the country," Roth said. "This isn't just a California issue, which obviously [California] is leading the nation. But even experts out of Texas, people who are monitoring the electric grid are incredibly concerned about brownouts or blackouts now, already. So forget about 2030."

"You want to have a backup source of power," she continued. "Either a propane, diesel, or combo generator is something that you're going to want to have. Because in a state, for example like Texas, I'm told that once the state loses power, it will take a minimum of two weeks to restore plants back to operations and customers able to use grid power again. So, this isn't something that we've got nine years or whatever to be thinking about. We should be planning and preparing now."

Watch the video clip below to catch more of this important conversation:

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