Who is still interested in buying Chinese stocks? A death cross near resistance in $MCHI is the least of their problems. Think of having a $40+ trillion banking system as GDP collapses. A massive asset liability mismatch. pic.twitter.com/3iZDQGRQh5 — Otavio (Tavi) Costa (@TaviCosta) April 30, 2020
Zoom has admitted it doesn’t have 300 million daily active users. The admission came after The Verge noticed the company had quietly edited a blog post making the claim earlier this month. Zoom originally stated it had “more than 300 million daily users” and that “more than 300 million people around the world are using Zoom during this challenging … Read more
https://www.youtube.com/watch?v=jc6kmSlZUNM Democracy is non-negotiable: http://archive.vn/vozcJ
by robs62 Data sourced from the International Energy Agency, from the Global Energy Review 2020 report: https://www.iea.org/reports/global-energy-review-2020. Graph produced in excel, organised in Illustrator, and animated in After Effects.
Credit card fraud can cost a lot of money for businesses. In 2016, there were $16 billion lost due to credit card fraud. For every $1 in fraud lost, merchants lose $2.94 in revenue. Among the costliest are card-not-present transactions. Card-not-present transactions cost more because they have a higher risk of fraud and chargebacks. Given … Read more
by Egon von Greyerz In this interview Egon von Greyerz explains to Paul Eberhart of SilverDoctors that the combination of the Coronavirus and the coming economic depression will change the world forever. We are now going towards a hyperinflationary depression that will eventually lead to a deflationary depression. The next couple of years will not be a … Read more
The recent unemployment surge stemming from the shutdown of large parts of the U.S. economy is starting to push some state jobless funds toward insolvency. More than 26 million Americans have filed during this unemployment surge for insurance benefits since mid-March. State offices are overwhelmed by the unemployment surge in claims from newly-laid off workers … Read more
Fed shed MBS. Loans to “SPVs” flat for fifth week. Repos in disuse. Fed still hasn’t bought junk bonds, stocks, or ETFs. But it sure sent Wall Street dreaming. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet rose by only $83 billion during the week ending April 29, to $6.656 trillion. That $83 billion was … Read more
by Dave Here’s a chart on confirmed vs deaths – with “confirmed” lagged by 7 days, just to see how they line up. So deaths are used to set the bottom axis dates, but the confirmed timeseries dates are pushed “to the right” by 7 days. Just thought it was interesting. On average, a “confirmed … Read more
by Dave http://openinsider.com/screener?s=GILD&o=&pl=&ph=&ll=&lh=&fd=730&fdr=&td=0&tdr=&fdlyl=&fdlyh=&daysago=&xp=1&xs=1&vl=&vh=&ocl=&och=&sic1=-1&sicl=&sich=&grp=0&nfl=&nfh=&nil=&nih=&nol=&noh=&v2l=&v2h=&oc2l=&oc2h=&sortcol=0&cnt=100&page=1 D 2020-04-29 19:28:06 2020-04-27 GILD Cogan John Francis Dir S – Sale+OE $79.90 -2,413 54,860 -4% -$192,799 D 2020-04-21 19:42:02 2020-04-20 GILD Cogan John Francis Dir S – Sale+OE $83.00 -2,413 54,860 -4% -$200,279 D 2020-04-14 15:52:22 2020-04-13 GILD Cogan John Francis Dir S – Sale+OE $75.90 -2,413 54,860 -4% -$183,147 D … Read more