Month: February 2020

Australian Prime Minister Scott Morrison: “Based on the expert medical advice we’ve received, there is every indication that the world will soon enter a pandemic phase of coronavirus”

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NEW: Australian Prime Minister Scott Morrison: "Based on the expert medical advice we've received, there is every indication that the world will soon enter a pandemic phase of coronavirus" pic.twitter.com/p7R6IFLGdM — BNO News (@BNOFeed) February 27, 2020 https://twitter.com/IsabellaRhinel1/status/1233044731929747459  

Question of the Day: Does Powell have the constitution to defy markets in less than three weeks time?

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Question of the Day: Does Powell have the constitution to defy markets in less than three weeks time? https://t.co/6A0NmVLNmP — Danielle DiMartino Booth (@DiMartinoBooth) February 27, 2020 “It’s clear that the policy makers at the Fed have decided to maintain a tough line even as markets began to go into this kind of panicky mode,” … Read more

Japan is big over- The Retards Assessment

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by Clydebrinkley Due to the outbreak of beerflu the entire east Asian supply chain and manufacturing sector is utterly raped for the entire first half of 2020. Japan is no exception and in fact, it’s particularly vulnerable to media disruptions caused by the beerflu. Japan is currently harboring unknown numbers of carries and hundreds to … Read more

…and here we go yet again! S&P plunges into correction territory down -10% from ATHs; this is now the worst week since 2008!

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by bigbear0083 Are we getting close to a capitulation move here yet? Oversold bounce incoming? Source Dow plunges deeper into correction territory, is now down 900 points Stocks fell sharply once again on Thursday as investors worried the coronavirus may be spreading in the U.S. A slew of corporate and analyst warnings also dragged down … Read more

It is the end of the decade-long rally? Coronavirus may say „yes.

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It is the end of the decade-long rally? Coronavirus may say „yes." MSCI All-Country Index has dropped >7% over 6d run, while S&P 500 fell 5th straight session for a total 8% decline RBC, Cantor, Citi talking about S&P 500 bear-mkt levels.https://t.co/4Txn9LQNYx (via @Tiefseher) pic.twitter.com/loFzBw4Zsh — Holger Zschaepitz (@Schuldensuehner) February 27, 2020 BOFA CUTS 2020 … Read more

Corporate Profits to Decline into 2021?

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by Martin Armstrong QUESTION: You posted that there should be a recessionary trend starting here in 2020 even in the United States. Does that mean corporate profits will decline which impacts the stock market? JB ANSWER: Yes. I warned at the WEC that we were approaching a point where we could see a correction unfold in … Read more