by AvailableLight3 SPY just completed a textbook perfect Elliott Wave impulse and is starting a nice looking correction as well. Yes, this is chart crayon drawing and I usually don’t pay attention to this stuff, but this market is so insane right now that I actually think this is going to work. EDIT: Adding text … Read more
See this clip, 1:04 mark. Ben Bernanke tells @RonPaul that his plan is to get the balance sheet to 'something under $1-trillion.' (March 2010)There is no chance the Fed will unwind any of this post-crisis balance sheet expansion.https://t.co/yVHlMyp7xj — Peter Schmidt (The 92ers) (@The92ers) May 21, 2020
Imagine Fed’s surprise when they realise that another Deflationary Bust is developing…. despite flooding the system with money….! https://t.co/NYZkvXlLxG — Henrik Zeberg (@HenrikZeberg) May 21, 2020 Again. The Fed just bought another $80b in mortgage backed securities. It accounted for 77% of their stimulus this week. Something is clearly going on in the real estate … Read more
by trollhard9000 According to the Wikipedia entry for the Fed model for evaluating equities: In its strongest form the Fed model states that bond and stock market are in equilibrium, and fairly valued, when the one-year forward-looking earnings yield equals the 10-year Treasury note yield The 10 yr is currently trading at 0.67%, which translates to … Read more
by MakeTotalDestr0i
Just the brrr-ginning$ pic.twitter.com/N3mJlezh8f — James Henry Anderson (@jameshenryand) May 21, 2020 78 Central Banks around the world have cut interest rates in 2020… pic.twitter.com/b3RSx9hiLY — Charlie Bilello (@charliebilello) May 21, 2020
Earnings expectations have completely collapsed globally, but is that a good thing or a bad thing from a market cycle perspective? Here's the historical take + context: https://t.co/A7iWhi96pC pic.twitter.com/BMg7YezDW5 — Topdown Charts (@topdowncharts) May 21, 2020 #recession … #GFC2 edition It's not just the #coronavirus… 📉 https://t.co/DpuxDVXtx7 — Invariant Perspective (@InvariantPersp1) May 21, 2020
(by Half Dollar) Hat tip to Jason for bringing this to our attention! I’m not sure if this is funny, or just pathetic. Or simply profit motivated? Because how can a hedge fund manager make any money if you have a one ounce Gold American Eagle in your pocket? He can’t. But I digress. Here’s a little … Read more
https://www.youtube.com/watch?v=rF48hj4bV6c In the midst of a sweltering heatwave in the city of Beirut, protesters have been driven to attempt breaking into the Ministry of Energy offices in a desperate gambit to have mandatory electricity cuts lifted. The electricity cuts, which are said to sometimes last for up to 12 hours a day in some areas, … Read more
https://twitter.com/dbongino/status/1263449477546999809
by John Ward DEFRA Secretary George Eustace announced this morning that money does indeed grow on trees. The environment, food and rural affairs Supremo issued a scathing statement about previous Prime Minister Theresa May’s “blatant lie” on the subject of money orchards, revealing for the first time that money trees are carefully cultivated under extreme security … Read more
Sometimes you cant tell the public the truth. YOU MUST SHOW THEM. Only then will people find the will to change. Take notice of the picture of Trump playing Chess at the end of the video. And notice he is removing the Queen from the chess board. Objective [end]: checkmate king Do you attack the … Read more
Sounds like that writer needs to go to a mental hospital because she is not all there
from Financial Survival Network Stuart Englert is the author of Rigged: Exposing the Largest Financial Fraud in History. The largest financial fraud in history wasn’t Enron’s colossal accounting crimes, Bernie Madoff’s record-setting Ponzi scheme or the Libor scandal, in which some of the world’s biggest banks conspired to profit by manipulating interest rates. No, the largest financial … Read more
via rushlimbaugh RUSH: Who’s next? This is Dee in Des Moines, Iowa. You’re next. You’re up. Hello. CALLER: Hi, Rush. Say, mega prayers, and you have gotten me through many, many years, the presidency of Obama — I didn’t think it could get any worse — and Clinton. But now I’m really worried about this coming … Read more
https://www.youtube.com/watch?v=QX2PK0bn94c The International Olympic Committee is issuing a stark warning that if the novel coronavirus isn’t under control, the 2021 Summer Games will not happen. IOC President Thomas Bach and Japanese Prime Minister Shinzo Abe said the health of athletes and fans were a top priority and the Games can’t be held in 2022. Over … Read more
Right now, around the world, we are underway and ready. Right now, around the world, we are underway and ready. #ForceToBeReckonedWith@TheRealCVN71 @USSHARRYSTRUMAN @NimitzNews @Warship_78 @Gipper_76 @TheCVN69 @CVN_72 pic.twitter.com/mGZq4j7rQP — U.S. Navy (@USNavy) May 21, 2020 h/t Builder
https://www.youtube.com/watch?v=tkr2MyF8d1M&feature=youtu.be&t=7097 AC
Between Obama’s OFA, which the website has the same photo that he uses on twitter, and their “Resist,” school that Elizabeth Warren pushed on YouTube. They know exactly what’s happening. It’s no longer about left verses right. It is completely about good verses evil. I’ve checked the OFA site. They have several classes about doing … Read more
SAN FRANCISCO — Within days of social media companies taking down a viral video touting conspiracy theories about the novel coronavirus, a clip popped up on YouTube telling viewers about another way they could still access the banned footage: through a link to the video on the file-sharing service Google Drive. https://www.washingtonpost.com/technology/2020/05/20/misinformation-coronavirus-plandemic-workaround/ After this article … Read more
by EmployerOfTheMonth Lots of acquisitions buy big tech this month, what are your thoughts? https://www.axios.com/scoop-facebook-to-buy-giphy-for-400-million-4a75a359-833b-484d-b15b-87e94d3de017.html https://techcrunch.com/2020/05/19/microsoft-acquires-robotic-process-automation-platform-softomotive/ https://www.bloomberg.com/news/articles/2020-05-14/apple-acquires-startup-nextvr-to-gain-virtual-reality-content https://www.reuters.com/article/us-grubhub-m-a-uber/uber-offer-for-grubhub-fans-worries-over-delivery-fees-charged-to-restaurants-idUSKBN22Q1Q4
https://www.youtube.com/watch?v=GJkjWsXMn_0 Can We Say Hyperinflation? Get Food Now While We Can
https://theweek.com/articles/915265/startup-economy-fundamentally-broken-virus-make-worse summarized Luckily for you, Uber is there – because $25 billion is about what the company has lost since that date. Uber competitor Lyft, the mattress company Casper, and dozens of other companies are following the same strategy. These companies generally treat both their suppliers and their workers like crap, but what is less … Read more
Federal Reserve Chairman Jerome Powell participates in a Federal Reserve virtual event on the U.S. economy and the coronavirus impact on
