Month: February 2020

Something doesn’t add up here. And yet… Harry Chen PhD @IsChinar The monks say, 4 people are not allowed to play Mahjong at one table. Allow 1.68 million people to return to Shanghai at the same time https://twitter.com/IsChinar/status/1227494632142958598     h/t BFD

The dishonest and disingenuous Elizabeth Warren is stumping for votes in New Hampshire in advance of their Democratic Party presidential primary elections tomorrow. In the hilarious video below, Warren can be seen attempting to engage in conversation with a large table of patrons at a local diner. As she approaches the table, she tells the … Read more

Even the largest dem rallies are tiny compared to Trumps medium-sized events.  

https://www.youtube.com/watch?v=JjXwCLOPk7A

TradersChoice.net, Released on 2/11/20 “The more debt that is pumped into this market, the higher stocks are going to go.” Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published … Read more

from Financial Survival Network John Rubino returns… With the Fed and Uncle Sam manipulating all the markets, you almost can’t go wrong with your investments. Bonds up! Stocks up! Gold up! Tesla, still up and probably going higher. So what could possibly go wrong? More and more leverage and debt equals disaster. Now that Trump has been … Read more

by DCG They might have done better had they let Gervais host: From Yahoo: In the latest TV ratings, ABC’s broadcast of the 2020 Oscars averaged 23.6 million total viewers and a 5.3 demo rating, down 20 and 30 percent from last year’s first host-less outing. This year’s Academy Awards thus hit new lows in both measures, … Read more

Precious metals expert and financial writer David Morgan says silver is still 65% off its all-time high and is a much better value than gold. Morgan points out, “Relative to all asset classes, I can’t think of one that is more undervalued than silver. If you look at every asset in the metals world, meaning … Read more

by David Haggith There is, at least, one highly recognized economist who agrees with me that a recession started forming in the summer of 2019 and is still emerging, in spite of the Fed’s strongest efforts to stop it — David Rosenberg: We recall all too well the euphoria that followed the early 2001 and late … Read more

by howmuch Motorcycle insurance is expensive, averaging $702 per year across the U.S. Most states also have a sizable population of riders, averaging over 3.5%. And yet so much depends on where you live, as our new map breaking down the cost of motorcycle insurance and their popularity makes clear. Buy this visualization There is … Read more

by Michael Snyder Factories all over China have been shut down, global supply chains have been hit by an unprecedented shock, the Baltic Dry Index is absolutely collapsing, the tourism industry is being absolutely devastated, and companies all over the globe are warning that sales will be lower than anticipated this quarter.  This coronavirus outbreak … Read more

Nearly a quarter of all subprime auto loans are 90+ days delinquent. Why? By Wolf Richter for WOLF STREET. Auto loan and lease balances have surged to a new record of $1.33 trillion. Delinquencies of auto loans to borrowers with prime credit rates hover near historic lows. But subprime loans (borrowers with a credit score below 620) are … Read more

“They receive their 250,000 gift bags and quote the communist manifesto”