by scarvesandsuspenders Here is the DD. https://imgur.com/G2eoTSs Here is a post made that shows the striking resemblance between the recent stock movements and the 1929 crash. Interestingly, a 27% drop from here would put us right at my support level (i will get to that in a second). Here we go. My DD. https://squeezemetrics.com/monitor/dix I … Read more
A Quarter of Annual Buyback Volume Has Been Yanked, Goldman Says Cash-conserving companies continue to rein in buybacks. Data compiled by Goldman Sachs Group Inc. shows that almost 50 U.S. firms have suspended existing authorizations in the past two weeks, according to a note from its strategists. The firm’s buyback desk estimates that $190 billion … Read more
Meanwhile, long-dated Ford bonds also falling to new lows today. I find this interesting because there are pockets of stress in riskier credit that seem to be deepening, even with the Fed stepping in & buying higher-rated credit. pic.twitter.com/gbCXwwPB0T — Lisa Abramowicz (@lisaabramowicz1) March 31, 2020 #liquidityThe banks provide financing facilities called warehouses, which CLO … Read more
Asian PMIs today (Vietnam, Malaysia, Indonesia, SK, Philippines, Thailand, Taiwan and Caixin China) & a couple things to remember: a) China PMI collapsed in February so sequential will be better but Q1 badb) Ex China Asian PMIs softening not collapsing & will soften further. — Trinh (@Trinhnomics) April 1, 2020 #Australian #manufacturing conditions deteriorated in … Read more
The coronavirus has pushed governments into uncharted territory in attempting to protect the economy. A lot could go wrong. https://t.co/5zFQ6SuVDC — Real Time Economics (@WSJecon) April 1, 2020 The coronavirus lockdown is lifting but people in Wuhan aren't sure if they can trust Beijing's claims that the danger has passed.https://t.co/XRyvTtVYUB — DW News (@dwnews) March … Read more
by SVXYstinks Visual representation of just how hard Powell is pushing the printer
by Robo13 The stock market is often broken up into a few different categories that gives a general overall look at the economy. With the markets recent crash, the next few months will have some great buying opportunities for a lot of industries. One of the easiest ways to invest is through ETFs. Below are … Read more
$HYG $JNK $BKLN $LQDBond manager seeks waiver to avoid fire sale of junk bonds – https://t.co/4xTAQbF31s via @FT — Win Smart, CFA (@WinfieldSmart) April 1, 2020 Moody’s cuts outlook on $6.6 trillion US corporate debt pile to ‘negative’ Moody’s Investors Service has cut its outlook on corporate debt to negative, saying that an economy about … Read more
by Bix Weir of Road to Roota Well, the first Quarter ends today and many will NOT be able to even pay their rent due tomorrow. And it’s going to LAST a long, long time. If you are running LOW on $ you should save all money for essentials…and rent is not one of them for most!
EXCLUSIVE | Captain of aircraft carrier with growing coronavirus outbreak pleads for help from Navy. Story by @MGafni & @JoeGarofoli: https://t.co/IL4RnCYaVV pic.twitter.com/ZWJM4bYBCV — San Francisco Chronicle (@sfchronicle) March 31, 2020 It’s getting bad. Commander of USS Roosevelt aircraft carrier asks for evacuation of sailors due to large #Covid19 outbreak https://t.co/jYjKVcojLl — Gregor Peter (@L0gg0l) March … Read more