Pushback with Aaron Maté Crowdstrike, the firm that accused Russia of stealing DNC emails in 2016, has made a bombshell admission. In newly released Congressional testimony, Crowdstrike president Shawn Henry said that “we did not have concrete evidence” that alleged Russian hackers actually took the emails from DNC servers. “There’s circumstantial evidence, but no evidence … Read more
TradersChoice.net, Released on 5/11/20 Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served … Read more
via rushlimbaugh RUSH: Well, well, well. Getting really, really interesting out there, folks. Not that it hasn’t been. But man, oh, man, there’s some hot brewing stuff going on out there that, frankly, I’m surprised — ha-ha — is not bigger news than it is. That’s why I’m here. That’s why I am America’s Real Anchorman … Read more
via Jim Kunstler The restless public, cooped up and idled in springtime’s flowering, have watched Wall Street doing just fine while they see the approaching sunset of their own much more modest Paycheck Protection Program and coronavirus relief checks. Late last week, the Dow Jones shot up 455 points the same day that the government announced … Read more
By Tsvetana Paraskova U.S. shale gas pioneer Chesapeake Energy said on Monday it was evaluating a Chapter 11 bankruptcy protection reorganization—along with other options–as the low oil and gas prices weigh heavily on its finances and substantial outstanding debt. Chesapeake Energy—which helped propel the shale gas revolution in the late 2000s with leading positions in the Marcellus, … Read more
by Martin Armstrong The Saudis Arabia has tripled its taxes from 5% to 15% on the back of this Coronavirus. This is a country now suffering from the collapse in oil demand and prices. Federal Finance Minister Olaf Scholz of the Socialists in Germany (SPD) is already advocating “solidarity” to convince the rich to turnover their assets … Read more
by Simon Black The last time the economy blew up was back in 2008. Most of our readers probably remember it– the global financial system almost collapsed. Just prior to the 2008 crisis, housing was in a major, worldwide bubble. Central banks around the world had cut interest rates to near-zero levels, making it incredibly cheap … Read more
CBS, LIED AND WAS CAUGHT RED HANDED..
BOOM! Trump UNLOADS on Obama: “Obamagate Makes Watergate Look Small Time” and “Most Corrupt Administration in US History” #Obamagate On Monday President Trump went after his predecessor — Barack Obama — for his historic corruption! President Trump tweeted: “OBAMAGATE makes Watergate look small time!” OBAMAGATE makes Watergate look small time! — Donald J. Trump (@realDonaldTrump) … Read more
by Jason Burack of Wall St For Main St Jason talks about the record unemployment numbers and jobless claims in the US over the last 7 weeks and how the numbers are actually worse than that headlines. Also, in a recent poll a majority of Americans polled (77%) are very optimistic that their jobs will come back soon. … Read more
by The Phoenix The U.S. will issue over $3 trillion in debt between April and June of this year. The Federal deficit is already on pace to surpass $4 trillion in 2020 and that’s before the next round of stimulus programs are introduced (some members of Congress want bailouts for states as well as pension funds). The U.S. … Read more
by opiablame Goldman Sachs says this market rally is being driven by FOMO and that now it's due for an 18% drop https://t.co/bOBvSHtlsP via @LJKawa pic.twitter.com/K7hUHFlbv6 — Joe Weisenthal (@TheStalwart) May 11, 2020 Google Trends for searches like ‘Stocks’ and ‘How to Buy Stocks’ indicate retail investment interest is at an all time high since … Read more
by dickpal Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.
by ASoftEngStudent For this week’s DDDD (data-driven DD), I’ll be going more in-debt depth about a post I made a month ago, where I showed evidence about the stock market being in a bubble, and what might happen in the near future to equity prices. I’m not talking about the recent rise in equity prices during April, … Read more
by chartr This chart is trying to give a sense of where each country is relative to its own peak of the outbreak as governments begin to assess relaxing restrictions. It’s not intended to make comparisons between countries. In reality more specific regional data should be used by lawmakers to make decisions. New York for … Read more
Global earning estimates for the next 12 months show expectations have been cut sharply. But are the expectations too optimistic still? Too pessimistic? Too many unknowns. #markets #stocks #earnings #corporatesChart via J.P. Morgan & FactSet pic.twitter.com/AhZolMKwpL — Andres Garcia-Amaya, CFA (@andrgarc) May 11, 2020 There are TWO #Amazing points about the chart below:1) You are … Read more
https://thefederalist.com/2020/05/08/oba…collusion/ https://www.dni.gov/files/HPSCI_Transcri…dacted.pdf Former Obama administration defense official Evelyn Farkas testified under oath that she lied during an MSNBC interview when she claimed to have evidence of alleged collusion, a newly declassified congressional transcript of her testimony shows. Farkas testified before the House Permanent Select Committee on Intelligence on June 26, 2017, as part of the committee’s investigation … Read more
Josh Sigurdson reports on the continued closures in NYC as Bill De Blasio claims there likely won’t be a full reopening until September. He also says that he’d like everyone to be tracked via before being allowed out regularly. How convenient. Meanwhile millions are out of work and in need of feeding their family while … Read more
by Kimble Charting Is the Banking Index sending a caution message to stocks? It has for the past 28-months and it is experiencing a major resistance test of late! The Banking Index (BKX) started underperforming the broad market back in January of 2018, which created a negative divergence message to the broad markets. Banks started turning much weaker than … Read more
https://www.youtube.com/watch?v=mapGKeJhnzM It may Take Them Months Just To Get YOUR Money To You
URGENT! They’re Coming to Take You Away – Through H.R. 6666 https://www.congress.gov/bill/116th-cong…xt?r=2&s=1 https://youtu.be/cNepejc8Yhk h/t EyesWideOpen111
What we’re seeing today is NOT 2008. It’s NOT 2000. It’s unique. But the mistakes are always the same. Too much intervention helping out the wrong groups. The majority get screwed over. Wealth gap increases. Pattern repeats. If people learn one thing, it’s that we need to learn more. Arrogance has no place in this. … Read more
https://www.washingtonexaminer.com/news/…-dr-tedros https://www.spiegel.de/politik/deutschla…ce27cff69c WHO denies coronavirus cover-up phone call between Xi Jinping and Dr. Tedros The World Health Organization denied a report that said Chinese President Xi Jinping pressured WHO Director-General Tedros Adhanom Ghebreyesus to conceal the truth about the coronavirus outbreak in a January phone call. Der Spiegel, a German news outlet, published a report this weekend … Read more
Thought this needed it’s own thread as it is very important. Sorry if already posted, couldn’t find it anywhere. Go to 8:26 of video… Won’t be long until this is the norm everywhere. h/t MAGIC PIE
