Berkshire Hathaway 1Mil 0.000% Senior Notes

by WikiTextBot https://www.sec.gov/Archives/edgar/data/1067983/000119312520064645/d853116d424b5.htm 0 is cheaper than storing $1,085,500,000 U.S. dollar equivalent in euro notes. It’s also more liquid. The Zero lower bound is below for zero for practical reasons. If the rates go too negative it becomes cheaper to just do like Scrooge McDuck and store physical cash in a Money Bin. Zero lower bound The Zero … Read more

Italy has recorded nearly 800 more people infected with the coronavirus in the last 24 hours with another 49 deaths in the pandemic. That brings the total number of infected people in Italy to 4,636, and a total of 197 deaths. With a death rate of 4% in Italy

by rawrtherapy https://www.usnews.com/news/health-news/articles/2020-03-06/the-latest-thailand-visitors-from-6-areas-must-report All the recent news and cancellations of the Coronavirus can be found with the link above it seems like they do a good job of updating Puts on Italy Shame whats going on over there though, really hope they fix it soon im starting to feel bad buying Puts and making money … Read more

[DD] Walmart

by josiborg I’m in Walmart trying to buy my kid’s allergy formula when I find they are all out. Which is a little surprising because there’s really not a huge demand but it’s possible I just showed up at the wrong time. I talk to the customer service lady in the baby department who then … Read more

Oil Markets Predicting Risk Of A Global Recession

Authored by Alasdair Macleod via GoldMoney.com, Oil prices have sold off sharply over the past month. Despite a series of bullish events – the killing of Qasem Soleimani by the US, Iran’s retaliation attack on US troops in Iraq, the shutdown of almost the entire Libyan production and the US’ tightening the screws on Venezuela by … Read more

“In bear markets, stocks return to their rightful owners.” – J.P. Morgan

Been waiting years to tweet this.. “In bear markets, stocks return to their rightful owners.” – J.P. Morgan — Ian Cassel (@iancassel) March 6, 2020 https://twitter.com/Alex10050409/status/1236082371734233089 “Yields plunging” headlines abound. Some yields are. But some are going the other way! And it’s the ones going the other way that matter! Does it matter if Fed … Read more

Reddit is introducing a new feature whereby people will be able to anonymously report anyone deemed “suicidal”. This report will be forwarded to a “Crisis Counselor” service that admits working with the FBI.

by jeanfrancois111 Oh, and of course you can’t opt-out. https://old.reddit.com/r/modnews/comments/fdh4rr/announcing_our_partnership_and_ama_with_crisis/ Sort that thread by controversial to find out what actual depressed/suicidal people think of this. Here are interesting excerpts from the OP: As part of our partnership, we’re hosting a joint AMA between Reddit’s group product manager of safety u/jkohhey and Crisis Text Line’s Co-Founder & Chief … Read more

What will happen to house prices now?

by Shaun Richards I thought that I would end this week with a topic that we can look at from many angles. For example the first question asked by the bodies that have dominated this week, central banks, is what will this do to house prices? Well in ordinary times this weeks actions would have … Read more

Wall Street is begging for a Fed bailout

Wall Street is begging for a Fed bailout. Current Fed target rate: 100-125 (after cutting by 50bps this week!) Fed rate probabilities for March 18 meeting: ▪️ 25-50bps: 67.1%▪️ 50-75bps: 32.9% This is truly sad. pic.twitter.com/RnNyDkDGkz — Hedgeye (@Hedgeye) March 6, 2020 #Apple tells ALL its 12,000 staff at the Cupertino HQ to work from … Read more