Press Uses Virus Against Trump

by Martin Armstrong US President Donald Trump has backed away from imposing a quarantine in the New York area, instead directing a “strong Travel Advisory” be issued to limit the spread of the new coronavirus. The announcement on Twitter came late on Saturday as criticism grew over Trump’s earlier call to prohibit travel in and out … Read more

This is now a national epidemic with multiple epicenters. New Orleans, Dallas, Miami, Chicago, Detroit, Boston, Philadelphia, Los Angeles are among cities doubling cases every 3 to 4 days.

https://twitter.com/ScottGottliebMD/status/1244100172881297413 U.S. DEATH TOLL DOUBLES IN TWO DAYS Trump’s announcement came as the U.S. death count crossed 2,100, more than double the level from two days ago. The United States has now recorded more than 122,000 cases of the respiratory virus, the most of any country in the world.   AC

The Media? Voters Don’t Trust Political News, Say Most Reporters Want To Stop Trump.

The Media? Voters Don't Trust Political News, Say Most Reporters Want To Stop Trump. Only Democratic voters believe most reporters are simply trying to report the news in an unbiased fashion.https://t.co/NDMKltU8Su pic.twitter.com/OQ7LFQGXzy — Rasmussen Reports (@Rasmussen_Poll) March 29, 2020 ERICK ERICKSON: “A media unwilling to hold the Mayor of New York accountable for his own administration’s … Read more

We’re running depressionary, not GFC, Fed policy

AIG Bailout $85B QE Infinity GFC $85B/month Today 1) $625B/week QE 2) De facto Yield Curve Control via QE price discretion 3) Commercial Paper 4) Municipals 5) CORPORATE BONDS 6) $4.5T lending facility 7) Small business lending We’re running depressionary, not GFC, Fed policy AIG Bailout $85B QE Infinity GFC $85B/month Today1) $625B/week QE2) De … Read more

Week Ahead Calendar

by TheLookoutGrey Monday 10:00 a.m. Pending home sales Tuesday 9:00 a.m. S&P/Case-Shiller home prices 9:45 a.m. Chicago purchasing managers 10:00 a.m. Consumer confidence Wednesday Monthly vehicle sales 8:15 a.m. ADP employment 9:45 a.m. Markit manufacturing PMI 10:00 a.m. ISM manufacturing 10:00 a.m. Construction spending Thursday 8:30 a.m. Jobless claims 8:30 a.m. Trade deficit 10:00 a.m. … Read more

What to expect next week

by IwannaSayStuff For bears Job reports Corona virus cases hitting 1 million Corona virus deaths in US surpassing China Major cities might still get quarantined Deaths will hit 5k as hospitals in major cities are maxing out Things that will fk bears Infinite QE 2.0 Second Stimulus bill Fed revealing their infinite money glitch Saudi and … Read more

Tax break for the 1% in the stimulus bill

by navagrey https://www.cnn.com/2020/03/28/opinions/stimulus-bill-tax-break-for-1-mccaffery/index.html …our rich taxpayer couple — and this applies only for individuals, not corporations — can now deduct an unlimited amount of “excess losses” in real estate against income from other sources Calls on rich people with real estate. EDIT: The actual document. Section 2304 starts on page 196 EDIT 2: NY Times article. Not … Read more

Pioneer Natural Resources CEO: “86% of Independent Oil and Gas Companies will Go Bust by 2021 under current low oil price enviornment”

Pioneer is one of the largest oil producers in Texas, specifically shale basins. Huge eye opener. EXCLUSIVE: Russell Hardy, CEO of Vitol Group, the world's largest independent oil trader, says global crude demand is down 15-20 million barrels a day (that's 20% of global) | #OOTT #OilPriceWar #Coronavirus Full interview with @annmarie: https://t.co/GNTY68hbPz pic.twitter.com/clLcXPAHRR — … Read more