Month: May 2020

Stimulus Checks Sent to Deceased People

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by Martin Armstrong Neither my sister nor I collect Social Security. Nevertheless, she received a check in the mail made out to my deceased mother, and it says “DECD” for her stimulus check of $1,200. Not exactly sure what to do with this check. How would we cash it? This is really confusing. It will … Read more

Look How Nancy Pelosi Just Downplayed Her Ice Cream Stunt by Comparing Trump to Her Own Fault

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https://www.youtube.com/watch?v=wiA4IUj7OOw Virginia Kruta from The Daily Caller reports, House Speaker Nancy Pelosi took aim at President Donald Trump during a Tuesday appearance on MSNBC. Pelosi referenced an attack ad that showed her talking about the ice cream in her freezer — clipped from “The Late Late Show” with James Corden — and Trump’s comments from … Read more

Deflationary Spiral Incoming

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by Reduntu Cliffs: Anecdotal evidence suggests wages are starting to decline. Wages never decline — people and employers prefer layoffs. Employees are unwilling to take pay cuts, and employers don’t want to destroy morale. Wages didn’t even decline in the great recession and were resistant to declines in the great depression. This means the economic … Read more

Stocks Are Recovering While the Economy Collapses. That Makes More Sense Than You’d Think.

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Companies that are seen as especially vulnerable, such as retail stores spread across malls, are seeing stock declines of 50% and have only recovered marginally since March 23. On the flip side, clear beneficiaries of the current upheaval are doing well. So while markets are not moving on real-time economic fundamentals, they are moving on … Read more

The case for shorting Intel.

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by ilikepancakez While Intel has had a great run over the past decade, I believe we’ve reached an inflection point. They’ve already had to start laying off employees: https://investorplace.com/2020/01/intel-layoffs-2020-things-to-know/ With AMD breathing down their back, Intel is lowering prices on their server chips lowering profit margins which won’t be coming back anytime soon: https://www.anandtech.com/show/15405/intel-cuts-xeon-prices Intel is constantly … Read more

Sell in May and go away? Medium- and long-term VIX futures have risen over the past month, indicating that investors expect markets to remain volatile despite April’s dramatic rally.

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Sell in May and go away pic.twitter.com/YxhFIU1jJx — Win Smart, CFA (@WinfieldSmart) May 1, 2020 Medium- and long-term VIX futures have risen over the past month, indicating that investors expect markets to remain volatile despite April's dramatic rally. — Win Smart, CFA (@WinfieldSmart) May 1, 2020 Canceled dividends pic.twitter.com/Nx29nM4i5H — Win Smart, CFA (@WinfieldSmart) May … Read more