Initiative seeks to challenge Trump’s online megaphone A new Democratic-aligned political action committee advised by retired Army Gen. Stanley McChrystal, the former head of U.S. forces in Afghanistan, is planning to deploy technology originally developed to counter Islamic State propaganda in service of a domestic political goal – to combat online efforts to promote President Donald … Read more
‘Freedom’ protest against coronavirus orders leads to arrests at California Capitol The demonstration was unauthorized and not permitted by the California Highway Patrol, but CHP officers did not disperse protesters until late in the afternoon when tense moments led to a handful of arrests. A woman who identified herself only as Michelle expressed outrage as multiple … Read more
Bill Nye is not a scientist. Greta Thunberg is not a climate expert. Hillary Clinton is not a President. AOC is not an economist. CNN is not a news network. Joe Biden is not winning in 2020. Michael Obama is not a woman …and Jeffrey Epstein didn’t kill himself. For the #TrumpIsNotADoctor crowd… Bill Nye … Read more
It started in mid-February for jet fuel and in mid-March for gasoline. By Wolf Richter for WOLF STREET. Oil companies are reporting financial fiascos every day: Today Exxon reported its first quarterly loss since 1999 ($610 million), on a “market-related” $2.9 billion write-down. “We’ve never seen anything like what the world is facing today,” CEO Darren Woods said. … Read more
https://twitter.com/RemiGMI/status/1256883933687558144 Doing some quick checking on valuations (using #Fridays close) versus S&P's 4/30/20 estimates. Two conclusions:1) Estimates have not been revised down nearly enough2) Market remains exceptionally overvalued considering what's coming on the data front. pic.twitter.com/vTEoeNgZw6 — Lance Roberts (@LanceRoberts) May 3, 2020 $VIX futures forward curve went back into a strong backwardation configuration last … Read more
by Sten_Duncan2 Now, there is a reason that commercial advertisements for gold target demographics that we will generously call “unsophisticated”. Gold is perfect for short term thinkers/investors because doesn’t actually grow in the long term the way equities or bonds do. But to understand the powerful short term play I’m talking about, we need to … Read more
Riyadh’s Tadawul All Share Index ends the day down 7.4% Equity gauges in the U.A.E, Kuwait, Qatar and Egypt also drop Saudi Arabian stocks dropped the most in almost eight weeks after the kingdom’s finance minister said “painful” measures — including deep spending cuts — were needed to respond to the coronavirus crisis and crash … Read more
#Russia- Russia reported 9,623 new coronavirus cases – its highest daily rise since the start of the pandemic – bringing the total to 124,054, mostly in the capital Moscow. 🔴 #Russia– Russia reported 9,623 new coronavirus cases – its highest daily rise since the start of the pandemic – bringing the total to 124,054, mostly … Read more
Tim gives his take on the news Are we in a cold war with China yet? The executive order in full https://www.whitehouse.gov/presidential-actions/executive-order-securing-united-states-bulk-power-system/ AO
Tara Reade’s cancellation of her interview on Fox News follows a troubling 24 hours. -MSNBC confirms they invited Reade for an interview after Reade claims they did not -Neighbor no longer sure about what Reade told her years ago -Reade now says she never filed a formal complaint https://twitter.com/travisakers/status/1256634251845435397?s=20 FA