MILWAUKEE COUNTY, Wis. — Local stores and pharmacies are beginning to ration face masks in short supply because of the coronavirus. The CDC is concerned that those who need the masks the most — those who are sick or at-risk including health care workers — won’t be able to get face masks for protection. Article/Video … Read more
https://twitter.com/sft_asu/status/1225214752068030464 This one is actually so bad I feel guilty giggling. Clearly this individual needs some mental health attention. AC
by Michael Snyder The outbreak of this mysterious new coronavirus is getting more frightening with each passing day. As you will see below, even the mainstream media is admitting that the number of cases shows “no signs of slowing” even though the Chinese government has implemented draconian measures in a desperate attempt to contain the … Read more
Americans feel great about their financial well being. pic.twitter.com/w79FA2a71W — SolidusMax (@SolidusMax) February 6, 2020 Interesting charts:6/10 Americans say they are better off financially.Credit Managers report seeing the best performance of creditors since late-2014.Markit Financials sector PMI becomes the top performing sector, strongest reading in 18 months. Sensing a theme here… pic.twitter.com/4rSmn3luGq — Callum Thomas … Read more
https://twitter.com/QTRResearch/status/1225270565403054080 – China: Hopes To Work With U.S. Towards Eliminating All Tariff Increases – China Hopes It And U.S. Can Abide By Agreed Trade Deal And Implement It Well – Hopes It And U.S. Can Work To Boost Market Confidence, Push Bilateral Trade Development And World Economic Growth — LiveSquawk (@LiveSquawk) February 6, 2020 https://twitter.com/DavidInglesTV/status/1225268799584141313
Just two days ago a guy tweeted me, quote, "Monetary policy is too tight right now…no easy money" https://t.co/dxvVmF1gR0 — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) February 6, 2020 Rate Cuts over last yr…Fed: -75 bpsECB: -10 bpsDenmark: -10 bpsAustralia: -75 bpsBrazil: -225 bpsRussia: -150 bpsIndia: -135 bpsChina: -16 bpsKorea: -50 bpsMexico: -100 bpsIndonesia: -100 … Read more
by Michael Snyder We have seen lots of strange things happen during President Trump’s time in the White House, and Mitt Romney added to that list on Wednesday when he voted to remove Trump from office. It was the first time in American history that a U.S. Senator has voted to convict a president that belongs to … Read more
https://www.youtube.com/watch?v=Lj4Q3meUEPM The [DS]/D’s have failed in their mission, Trump was acquitted of all charges, now it’s the patriots turn. Trump gave the SOTU and the D’s were not happy about it, they were exposed to the world. The patriots are ready to drip some more information, get ready, the [DS]/D’s will feel pain, the patriots … Read more
The Fed: "we don't see any signs of bubbles" Central banks are literally re-creating the 'Roaring 20s's, but starting at the peak post WWII debt levels & with minuscule rate cuts left🤔🤦♀️@judyshel @RobSKaplan @neelkashkari @marydalyecon@EricRosengren @RaphaelBostic @RalphNader pic.twitter.com/DMpzYVsVXh — M/1_LP (@MI_Investments) February 5, 2020 "Goldman carried derivatives exposure equivalent to 5,400% of assets at the … Read more
6.2% Of S&P500 Revenue Comes From China & HK — Two-Thirds Of China's Economy Is At Standstill pic.twitter.com/qrqk3RX3PS — Alastair (@StockBoardAsset) February 5, 2020 Economists are scrambling to cut their forecasts for China's first-quarter GDP on the coronavirus outbreak. A handy round-up here: https://t.co/X97t5t6De6 pic.twitter.com/dFp48Y9PEU — Tracy Alloway (@tracyalloway) February 4, 2020 Trade war or … Read more
by Charles Hugh-Smith Was it ever plausible that China’s economy could grind to a halt and there wouldn’t be any consequences for the U.S. economy? No. Many commentators talk about supply chains in China, but how many have actually visited factories in China, other than carefully choreographed PR visitsto suitably high-tech facilities? I’ve visited many … Read more
By Wolf Richter for WOLF STREET. The biggest standout in the US trade data released today by the Commerce Department is China (I combined the data for China and Hong Kong because a lot of merchandise is transshipped and/or invoiced via Hong Kong): The US trade deficit with China plunged by 18% from a record of $388 billion in 2018 … Read more
Jeffrey Epstein was found hanged in his New York jail cell in August last year The disgraced financier had previously set up a bank for offshore clients in 2014 After his death, huge sums of cash were sent to his Virgin Island offshore bank Millions of dollars that were sent from the estate of disgraced … Read more
Syrian air defenses engage ‘hostile targets’ over Damascus – state media — RT World News https://t.co/61y5gha5uE — EndGameWW3 🇺🇸 (@EndGameWW3) February 5, 2020 Suspected Israeli airtikes over Damascus, Syria moments ago in Qasioun mountain region. At least four strikes said to have occurred tagreting Assad regime sites. Smoke seen billowing from areas. — Israel Breaking … Read more
Hillary Clinton is the political establishment version of a panhandler on the corner begging for pocket change. AC
Do you see the difference between how MSM treated Obama compared to Trump? “iTs aLl JuSt a ShOw”. h/t smurfin101
by jessefelder Tesla’s stock price has soared five-fold over the past nine months or so prompting CNBC’s Michael Santoli to call it a, “one-stock mania.” I agree with his assessment but I think it’s also important to note that this is not an isolated phenomenon. In fact, there have been several “one-stock manias” over the … Read more
by Jason Burack of Wall Street for Main Street Wasn’t repo only supposed to be temporary? A perpetually rolled over term repo gathers no loss. Additional show notes here. Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the … Read more
by devdevdev51 In another post, I reviewed some of the ways to obtain leverage in your portfolio. Here, I discuss futures specifically. Futures may be the most cost-effective way of obtaining leverage, or are at least comparable to options. With index futures, you enter into a contract to buy or sell the index at a future date (NOT … Read more
BY SRSROCCO The Global Economy is heading for serious trouble when the disintegration of the U.S. Shale Oil Industry begins, likely within the next few years. With Global GDP growth based on world oil production growth, the main driver has been the U.S. shale oil industry. This is terrible news because the top U.S. shale oil … Read more
by visualcapitalist While looking at the top countries by GDP is a useful big picture measure, it can also be informative to look at the components that make up an economy as well. Examining a country’s economic building blocks can tell us a lot about what stage of development the country is in, and where competitive … Read more
Animated James Carville pic.twitter.com/ThZrrW0lUt — Acyn (@Acyn) February 4, 2020 Longtime Democratic strategist James Carville sounded the alarm bells on Tuesday night over what he described as the Democratic Party turning into an “ideological cult,” specifically singling out would-be presidential candidate Bernie Sanders. Hell!! it’s to late for turning into….IMHO It’s already happened!! There’s not … Read more
https://twitter.com/ginger_consult/status/1225178527923888128
by WARREN MOSLER Typical collapse prior to recessions: Still working its way lower: Another example of a small move up after a long downtrend that are touted to be a ‘reversal’: Another somewhat misleading headline, as per the year over year chart:
