When the economy takes a nosedive, your wallet may be the first to suffer. A recession means a steep economic downturn, complete with negative economic activity that affects almost everyone. Instead of being another blindsided consumer, there are ways to prepare for an economic recession and stay ahead of the curve. Build Your Emergency Fund … Read more
https://www.youtube.com/watch?v=41A6U76PWLY Experts have been alerting that a stock market crash is forthcoming. This time around, the damage will be so extreme that it will take decades ahead to recover from it. That’s what the chief macro strategist at Contrarian Macro Advisors, David Hunter, recently warned, affirming that a second wave of stock market selling is … Read more
Real estate has been one of THE great drivers of the Canadian economy in recent years.In April, home sales collapsed by 90%. Via @SoberLook pic.twitter.com/R3FkUTqjwC — Adam Tooze (@adam_tooze) May 18, 2020
by The Phoenix Stocks are exploding higher this morning. As usual the financial media is looking for a reason for this move. The reason is that stocks had been consolidating for more than two weeks. Lengthy consolidations like this typically resolve themselves in explosive moves. Indeed, as I noted last week, stocks had previously performed two … Read more
by johnhammondsexpenses People who are jumping in now are doing so because they think things will play out like in 2008 where in 5 years everything had already gotten back to where it was and kept going. Technically from where the S and P was 5 years ago (2.1k) you would still be up by … Read more
China tells all buyers and producers to increase imports as fast as they can because of fears of famine in country. Export taxes removed to kick start Malaysian palm oil exports. China and USA will issue central bank issued digital currency (CBDC). Planting with the moon last weeks of May.
https://www.youtube.com/watch?v=LVdPi5u6_mo Reagan McCarthy from Townhall reports, GOP research group America Rising, which works to hold Democrats accountable, released a new video criticizing Joe Biden as a career politician. Indeed, as the GOP powerhouse group points out, the Democratic frontrunner is the ultimate swamp creature. Read More/Source/Credit/FairUse: https://townhall.com/tipsheet/reaganm…
Supply and demand fundamentals are in fact playing a big role. Hear me out. Fed pumps money into the system (Liquidity supply = the Fed). Treasury issues debt (Liquidity demand = Treasury). If the treasury issues debt, someone has to buy it. When there’s too much debt and not enough buyers, the Fed will step … Read more
https://www.youtube.com/watch?v=69zHOoY-ZGA We’re diving into an unavoidable economic collapse, and in today’s video, we’re going to discuss with you about what is coming next for this period of great uncertainty and the dilemmas that are carried with it. We’re bringing updated data on how the final collapse will be influenced by the factors that are being … Read more
by 9mmNATO Forward PE ratio too high imo
⚠️FITNESS CLASS OUTBREAK: 112 people in South Korea were infected with #SARSCoV2 at fitness dance classes. 📌Most (50.9%) cases were result of transmission from instructors to fitness class participants. 33.9% were in-family from instructors & students. https://t.co/iUpRw59Ztw pic.twitter.com/Lpse1duc9y — Eric Feigl-Ding (@DrEricDing) May 18, 2020 CDC director says the US is estimated to have more … Read more
GOLDMAN LOWERS EPS GROWTH EST FOR Q3 TO -30% FROM -21%, NO LONGER SEES FULL Q4 RECOVERY — The_Real_Fly (@The_Real_Fly) May 18, 2020 #India 🥶 https://t.co/byj60M5r9g — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) May 18, 2020 The retail sales report in the US suggests a disastrous fall in personal consumption which amounts to 70% of GDP. … Read more
The trade deal between US and China was stone dead from the outset, as e.g. the USD 32bn increase in agricultural purchases was almost practically impossible to implement due to low commodity prices. China bashing coming up instead. FX weekly -> https://t.co/fz7aY6HPf5 pic.twitter.com/21BwbSpaPL — Andreas Steno Larsen (@AndreasSteno) May 18, 2020 #US mulls paying companies, … Read more
by ClarityofSignal https://youtu.be/DAxQk9pvJ0I High Impact Vlogs covers the speech of Italian congresswoman who reveals the nefarious agenda of Bill Gates and the parasitic global elite. https://www.youtube.com/watch?v=DAxQk9pvJ0I https://lbry.tv/@CoronaAlternativeNews:d/Italian+Government+call+for+arrest+of+Bill+Gates:8?fbclid=IwAR1Pppe5OoLTGIuxQ-bDLPx6X3IQOW5EDnR11pYEgZq_yKRN7bEgmlhMRnU
by thoughtpixie What does that mean… doesn’t look like it means anything good. Here’s the source; https://streamable.com/3zocja Note the timeline goes back to 2016, hence why January 2020 isn’t far from the the latest drop but it is from last Friday.
Check out this thread, there’s pandemonium happening right now in the Hong Kong legislature: The CCP decided to violate their original international commitments and resolved to undermine one country, two systems and fully control HK. The HK Gov has accepted the mission arranged by the CCP to enact a series of evil laws for HK. … Read more
by Shaun Richards As the weather shows a few signs of picking up in London it appears that one central banker at least has overheated listening to Glen Frey on the radio. The heat is on, on the street Inside your head, on every beat And the beat’s so loud, deep inside The pressure’s high, … Read more
by Frank Shostak via Mises What typifies the phenomenon of the boom-bust cycle is that it is recurrent. What is the reason for this? Loose monetary policies set the platform for various activities that would not emerge without the easy monetary stance. What loose monetary policy does here is to engineer the transfer of real savings from wealth … Read more
https://www.youtube.com/watch?v=Z56_zGir9XU
A Florida man who initially believed the coronavirus was a “fake crisis” that was “blown out of proportion” is now hospitalized along with his wife — and is sounding a cautionary note about the deadly bug. “I thought it was maybe the government trying something, and it was kind of like they threw it out … Read more
SACRAMENTO — Gov. Gavin Newsom on Friday appealed to a group of Native American tribes to reconsider plans to reopen their casinos in the coming days, warning that the coronavirus pandemic poses a continuing threat to public health. Although many tribal casinos that closed in March because of the virus remain closed at least through … Read more
The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers. The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the … Read more
