by boccherini-trader Here’s some insight into Warren Buffett’s selloff of Delta Airlines (DAL) and Southwest Airlines (LUV). The backing away from airline stocks marks something of a reversal for Warren Buffett. The investor bought more Delta stock several weeks ago. Buffett told Yahoo Finance less than a month ago that “I won’t be selling airline … Read more
by TheHappyHawaiian Certain sectors get hit harder in various recessions, and some always get hit hard in all recessions (consumer cyclical for example), but as these sectors decline, they become a smaller and smaller piece of the S&P500 pie by market cap. So if Energy was 5% of the S&P prior to the downturn and … Read more
DEUTSCHE: “.. behavioral changes are the reason why we will not get a V-shaped recovery, and there is not much fiscal policy can do about it.”#covid19 pic.twitter.com/siGZGyTKYO — Carl Quintanilla (@carlquintanilla) April 5, 2020 Many emerging economies are losing reserves at a record pace faced with a dramatic decline in internal demand, export volumes and … Read more
Prime Minister Boris Johnson has been admitted to hospital for tests, 10 days after testing positive for coronavirus, Downing Street has said. He was taken to a London hospital on Sunday evening with “persistent symptoms” – including a temperature. It is said to be a “precautionary step” taken on the advice of his doctor. The … Read more
The Village of Sleepy Hollow is temporarily banning the use of leaf blowers to make sure residents are safe during the coronavirus pandemic. Effective immediately, all leaf blower use is banned for the duration of the pandemic. Village officials say since the virus is a respiratory condition, having things blown into the air could create … Read more
by bruceisright https://youtu.be/j3nrBanbbaw Singapore was one of the success cases for dealing with the virus without shutting down the economy. Now they are forced to go into lockdown. They had excellent contact tracing, many people were wearing masks, it worked for months. If they got here from silent local transmission, USA is screwed. If it … Read more
by Kaltani TDLR; Oil is going to lead our decline and accelerate it. Other signs are showing a push to increase consumer and commercial debt loads as a way to weather this situation. The only new addition to oil discussions is that oil seems to have a 1/3rd relation to stock value in a normal … Read more
BY JOHN RUBINO Mike Maloney: This is going to take years to recover from … Rick Rule: What’s next for the gold shortage … Michael Pento: This is a global depression … James Rickards: How to protect your wealth going forward … Grant Williams: Desperate central bankers will try anything … Catherine Austine Fitts: We’re in … Read more
When asked why he won’t issue a nationwide stay at home order he said: “We have a thing called the Constitution which I cherish” President Trump is asked why he won't issue a nationwide stay at home order: "We have a thing called the Constitution which I cherish… I want the governors to be running … Read more
In Spain they’re planning something really horrible right now. They want to lock up all asymptomatic carriers of Coronavirus in big venues (read: camps). Just ordered over a million tests. https://twitter.com/TravelLightP1/status/1246786816621137921 AC
They said help was on the way, they passed a 2 trillion dollar bill, now they said they don’t have money…wtf? https://www.whec.com/news/unemployment-not-enough/5691029/ New York may not have enough cash to keep up with the number of people filing for unemployment. When it comes to how much money the state has available, New York ranks 49 … Read more
My local Walmart complete with 5-6 walmart staff + armed police to greet at door. These pics were snapped right after opening the doors at 7:00am. Not sure how many peeps were in line but the lot was fairly full. Welcome to the New World Order. View post on imgur.com View post on imgur.com View … Read more
“…Mr Hancock told the BBC: “We’ve said it’s OK to go for exercise because both the physical and mental health benefits of getting some exercise are really important. “I don’t want to have to take away exercise as a reason to leave home… if too many people are not following the rules. “At the moment … Read more
Bread lines" are back in the United States. One Florida diner that's 4 minutes from Mar-O-Lago served 15,000 people free meals. The diner started giving free meals to laid off waiters. Then thousands came Great piece from @sdonnan + @readep https://t.co/3vnqN9jwEP pic.twitter.com/GTK2JKmlL2 — Heather Long (@byHeatherLong) April 4, 2020
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by Chode_of_Justice Each uptick is a delivery and graph is from March first to today Our product levels so far are looking good, sending it from three different depots. Biggest issue right now is parking. There’s lots of hospitals where the entrance is narrow and people park on the street close to the entrance and … Read more
via rushlimbaugh RUSH: Steve in Stockbridge, Michigan. Hello, sir. CALLER: Rush, mega Mondo dittos from the lock down communist state of Michigan. RUSH: The lock down communist state of Michigan. Welcome, sir. Great to have you. You’re making me laugh. I like that. CALLER: Oh, we have to laugh. The governor came out yesterday talking about … Read more
US troops in Colombia, mobilising near the border with #Venezuela. USA has 9 military bases in Colombia US troops in #Colombia, mobilising near the border with #Venezuela. #Washington has 9 military bases in Colombia, which allow the failing empire to threaten all other LatAm countries. Colombia also supplies 92% of the #cocaine used by the … Read more
by HappyGentle TL;DR – Death numbers in China are likely to be 10x official number China has been saying that there is only 2,600~ deaths in Wuhan, the most infected place on earth. …Wuhan funeral homes have returned 3,500 urns a day since March 23. That would imply a death toll in Wuhan of about 42,000 — or 16 times … Read more
by NoPantsNoCare The CFO of Zoom (ZM) appears to get a 11,067 shares of stock per month and sells them immediately, leaving her/him with 0 shares in the company. 10/18/19 Kelly Steckelberg CFO Sell 11,067 $65.60 TOTAL: $725,995.20 — Remaining: 0 11/18/19 Kelly Steckelberg CFO Sell 11,067 $69.90 TOTAL: $773,583.30 — Remaining: 11,067 [Not sure … Read more
by lubujackson Much of bull confidence comes from looking at China where they “have the virus beat” and re-opened factories. But look closer. The state is mandating workers go to work. What do they do on the weekend? What do they do after work? Check out the the driving data from TomTom for the last … Read more
by dtrammel Does not look pretty. Expect shortages by the middle of May. WASHINGTON — The nation could begin to see food shortages for some products if the people working on the supply chain lack personal protective equipment, warns an internal Trump administration document obtained by Yahoo News. Empty supermarket shelves have become one of the … Read more
Most Americans will stay home this month even if lockdown lifted: poll A majority of Americans are hunkering down and say they will continue to social distance or stay at home even if lockdown orders are lifted, according to a new poll. While 87% of the American public is staying home — regardless of whether … Read more
