by Przemysław Radomski via Sunshine Profits It was only yesterday (and Monday), when we emphasized that it seems that it’s 2008 all over again, and that the interest rate cuts as well as possibility of QE4 are not likely to prevent markets from declining. The next regular interest rate decision is on March 18, but the Fed decided to cut the rates by 0.5% … Read more
by mapi credit:Alco Meters The state of Utah wants to ban people from purchasing alcohol at liquor stores if they drove after having one or two drinks. Two years ago, the state of Utah adopted a .05% BAC level for DWI’s, meaning that police can charge a driver with drunk driving after consuming one or two alcoholic … Read more
by no-militarism George W. Bush, Laura Bush Awarded Liberty Medal Amid Protests From Veterans: https://philadelphia.cbslocal.com/2018/11/11/george-w-bush-laura-bush-awarded-liberty-medal-amid-protests-from-veterans/ [2018] Joe Biden: “I actually like Dick Cheney… I get on with him. I think he’s a decent man.” He adds that Cheney was “extremely helpful” about the “legal parameters” of the VP office. Without irony. Mondale then says his view of … Read more
Washington (AFP) – Reusable cups are in vogue for reducing waste but are no longer welcome at Starbucks cafes over fears of the coronavirus, the coffee chain announced. “We are pausing the use of personal cups and ‘for here’ ware in our stores,” Rossann Williams, an executive vice president, said in a statement Wednesday, adding … Read more
Lindsey Graham on Trump citing “hunch” to contradict WHO’s 3.4% death rate for coronavirus: “I listen to the scientists when it comes to the numbers, and I would encourage the president if he’s going to report things to make sure the science is behind what he’s saying” Lindsey Graham to @mkraju on Trump citing "hunch" … Read more
A New Hampshire man with flu-like symptoms was asked to avoid contact with other people. Instead, he went to a party. Three days later, he was confirmed as the state’s first coronavirus patient. A New Hampshire man with flu-like symptoms was asked to avoid contact with other people. Instead, he went to a party. Three … Read more
ITM Trading, Released on 3/4/20 Links to slides and sources: https://www.itmtrading.com/blog/coron… With fear creeping into the markets as we enter into uncharted territory, global central bankers are facing their biggest test yet. The fed just cut rates by a whopping 50 basis points; a level only used during past financial crises. It was supposed to instill … Read more
(Silver Doctors Editors) You can’t sugar coat this news at all. This is a total dis-service to the American people at best, and it’s intentional deception with the intent to kill Americans at worst. President Trump was on Fox News Wednesday evening (March 4th) to discuss a number of things, including the coronavirus, where he … Read more
Mac Slavo March 3rd, 2020 SHTFplan.com As Americans scramble to prepare themselves for the possibility that the coronavirus outbreak becomes a pandemic, FEMA (Federal Emergency Management Agency) is also preparing. FEMA is “aware of the gravity of the situation” and ready to assist in a coronavirus response. FEMA officials are preparing for an “infectious disease … Read more
by Shaun Richards This week has seen some extraordinary events and it is time to take stock. The truth is that something I have both feared and expected is on motion again. It has come with a familiar refrain that it cant happen here until it does! On this road to nowhere the Corona Virus … Read more
BY JOHN RUBINO Mike Maloney: Currency oblivion coming … Rick Rule: This crisis will be good for gold … Paul Krugman: Stop calling it “socialism” … Peter Schiff: Rate cuts and QE are coming, but for investors it will be different this time …
via Bloomberg: Short sellers added to their U.S. positions during the recent coronavirus-related sell-off, making more than $50 billion in profits over seven trading days, according to data from financial analytics firm S3 Partners. There was nearly $15 billion of additional short selling between Feb. 24 and March 3, bringing total domestic equity short interest … Read more
by Tom McClellan The market has put on a big VIX Index spike in early 2020, thanks to worries about the novel corona virus and the 2020 election. While the immediate spike is overdone in the short term, it is also part of a larger uptrend in the VIX which is due to last until … Read more
by landhag69 Hooooooly hell was it a good month to have a stock option compensation plan at good ol’ Alpha Pro-Tech. The CEO sold 455,667 shares (all but 1,000 beneficially owned) on 2/28 at a price of $34.49 for a total of $15,715,954.83! This guy is going to outdo Fortune 500 CEOs this year and … Read more
by deckoff8- Were you one of the airline put holders that was worried after AAL/DAL/UAL all finished up today? Well I’m here to give you some good news like a hot blast from my wife’s boyfriend to her face: new estimates have airlines losing 63 to 113 BILLION WITH A B dollars in revenue this … Read more
https://www.wsj.com/articles/thin-liquidity-in-stock-futures-raises-risk-of-more-wild-market-moves-11583365788?mod=mhp Trading conditions have sharply deteriorated in a popular vehicle for betting on swings in the S&P 500, exacerbating the volatility in the stock market in the past two weeks. E-mini S&P 500 futures play a huge, if little understood, role in financial markets, with hundreds of billions of dollars of trading activity each day. … Read more
by JoeFalchetto Source for Bloomberg’s campaign expenditure. American Samoa GDP is from the World Bank. Done in excel.
Bernie Sanders Super Tuesday Results: DOWN DOUBLE DIGITS from 2016 Sanders 2016 2020 MN 61% 30% AK 29% 20.8% OK 51.9% 25.1% VA 35.2% 23.1% TN 32.4% 24,5% CO 59% 36% #SuperTuesday Sanders 2016 2020 MN 61% 30%AK 29% 20.8%OK 51.9% 25.1%VA 35.2% 23.1%TN 32.4% 24,5%CO 59% 36%#SuperTuesday pic.twitter.com/kRUgVmHMIt — chris evans (@notcapnamerica) March 4, 2020 h/t dr0id
by bano25 All you need to do is initiate an ACATS transfer at your preferred receiving brokerage and your assets will transfer over in-kind, meaning that your stocks, bonds, mutual funds, etc will transfer and cost basis for tax purposes will transfer over as well. All of the major brokers such as TD, Fidelity, Schwab, … Read more
Coronavirus raises the risk of real trouble in corporate bonds https://t.co/BGHwaeP2oB — MQTA (@Steen_Jakobsen) March 5, 2020 Let’s see if credit window STAYS open. @bondstrategist contributed to this week’s @Quillintel Weekly Quill “The Sleeping Giant” in which we examine near term prospects for credit and what lies ahead for Powell et al to not awaken … Read more
IIF cuts global GDP growth forecast to 1%, far below the 2.6% last year and the weakest since the global financial crisis. Revises China growth to just below 4.0% this year from 5.9% prev and US growth down to 1.3% from 2% prev. pic.twitter.com/Lk4NmkoSxv — Holger Zschaepitz (@Schuldensuehner) March 5, 2020 Far be it from … Read more
