Unemployment rate vs the NASDAQ. Unemployment = the market. Both at all time highs!
by aMereMortalxxx The virus is now literally a bullish catalyst.
by aMereMortalxxx The virus is now literally a bullish catalyst.
by abhspire According to the SBA as of April 24, per Biz Journals (link below) “The SBA has provided 38,984 loans nationally for a total of $7,967,174,888”. This is an average loan value of $204,370 per loan approved; assuming they are truly processing applications in the order received, then this average amount should be the … Read more
I've repeatedly advised you shouldn't reference 2008, 2000, 1998, 1994 or 1982 if you want to understand what's going on. You need to go back at least to 1929. The Bank of England just said 1706 is a better frame of reference. I have to agree. pic.twitter.com/DQE2gScywy — Jim Rickards (@JamesGRickards) May 8, 2020 https://twitter.com/russian_market/status/1258791467067363330 … Read more
https://twitter.com/GreekFire23/status/1258837351259930626 HASSETT: ALL UNEMPLOYED EXPECT TO BE REHIRED BY EMPLOYER that is the stupidest fuking thing i have heard this month. — Heisenberg Report (@heisenbergrpt) May 8, 2020 This chart from @calculatedrisk is, in one word, breathtaking. pic.twitter.com/C8BatIEwti — Invictus (@TBPInvictus) May 8, 2020 hmm…something to keep an eye on Weekly East to West of … Read more
by politiksnubben Many people seem perplexed about this fact. Bad news should mean that the market should go down. Problem is, bad news means more action from the state/fed. One action is as we all know 0% interest rates. What return do you need to make a profit with 0% interest rates? Anything above 0. … Read more
The first significant rally in a bear market usually convinces most investors that the prior bull market will resume. As a result, many investors remain invested through the worst part of the downturn. Get insights into the most wicked wave in a bear market for those who continue to embrace equities.
If you are not buying stocks after 20 million Americans lost their jobs in April, you are doing it wrong. — Liberty Street News (@LbrtyStreetNews) May 8, 2020 https://twitter.com/FerroTV/status/1258770159591882761 https://twitter.com/dynamicvol/status/1258747992972103680 https://twitter.com/hks55/status/1258758307428421632 As the world economy is about to implode, very few investors realise what will hit them. The dip buyers of stocks don’t understand that … Read more
BY JOHN RUBINO Dan Oliver: Inflation — good and hard … Comey grilled by Chris Wallace on the FBI’s criminal negligence (or maybe treason) … Gerald Celente: Welcome to the new ABnormal … McAlvany: Save the bankers! Sacrifice the currency … Rick Rule: Gold prices will be catching fire …
via Zerohedge: Presented without comment (for those who desperately need a comment, read Goldman on why there is never a happy ending when the entire stock market is just five stocks).
(Silver Doctors Editors) Jim Rickards has come out with an interesting article for those who keep-up with his work. His latest article discusses China, to which Jim says he has several decades of experience. What’s the key takeaway of Jim’s article today? The Communist Chinese Party already had serious economic problems before the coronavirus, and now they’ve got some … Read more
by DCG Taxpayers (whether local or federal) are going to have to cough up more money due to bureaucrats across the country completely shutting down economies. My state announced yesterday that revenue collection for the month of April fell by $502.5 million. You know almost every local and state agency will be facing drastic shortages. But … Read more
I wondered when they were going to drop their fly and come right out and say it. Perhaps CBS is getting antsy hoping to break the news AGAIN AC
by Sleepy_Bob_Ross Obama our former traitor in chief was deeply involved in the plot to ruin Flynn, and now that the transcripts are out the gig is up! Obama was already caught spying on Journalists, whistleblowers and Supreme Court Judges. No surprise he was plotting against his rivals as well.
by Sleepy_Bob_Ross Clapper admits behind closed doors he never had any evidence Trump was conspiring with the russians. Yet proceeded to lie about it on national television repeatedly.
by JustALurker110 Monday – Opens at 2804.25 Closes at 2833 (+28.75) <- Move from 9:30AM – 4:00PM Tuesday – Opens at 2863.25 (+30.25) <- Move from 4:00PM – 9:30AM Closes at 2858.75 (-4.5) <- Move from 9:30AM – 4:00PM Wednesday – Opens at 2877.50 (+18.75) <- Move from 4:00PM – 9:30AM Closes at 2840 (-37.5) … Read more
Oops! The number of new coronavirus cases in #Germany rose the most in a week, just days after the government declared the first phase of the pandemic to be over. There were 1,268 additional infections in the 24h, bringing total to 169,430. https://t.co/8tOuRZOLMs pic.twitter.com/aZpt4lcrFx — Holger Zschaepitz (@Schuldensuehner) May 8, 2020 https://twitter.com/WinfieldSmart/status/1258703842616770560 Apart from the … Read more
U.S. 2-year yields are falling to new lows this morning. More traders are betting the Fed will be forced to cut rates below zero. "We do not think this is justified by fundamentals as FOMC members have repeatedly stated that they do not expect to take rates negative:" TD's Misra pic.twitter.com/Q7dJqFOJeq — Lisa Abramowicz (@lisaabramowicz1) … Read more
Top Obama Admin Official Evelyn Farkas Backpedals – Now Testifies She Only Believed in Russia Collusion After Hearing About it on TV Top Obama Official Sally Yates Testifies She Learned about the Flynn Phone Call Directly from President Obama h/t dr0id
https://www.youtube.com/watch?v=c5Haw4-TZh4 Collin Rugg from Trending Politics reports, After being in self-quarantine for several weeks, CNN opinion host Chris Cuomo returned on Monday to inject fear into Americans over re-starting the economy, saying that only “fools” want to reopen the country. Read More/Source/Credit/FairUse: https://trendingpolitics.com/cnn-s-cu…
Elon Musk says his Neuralink company will do human brain implants ‘within a year’ to help cure injuries – and the device could eventually enable symbiosis with AI Elon Musk spoke on Joe Rogan’s podcast about his company Neuralink Musk said the firm will have a brain implant ready ‘within a year’ The chip could … Read more
JAPAN ADOPTING OFFICIAL RULES AND GUIDELINES FOR POTENTIAL FUTURE UFO ENCOUNTERS “To be honest, I don’t believe in UFOs,” Defense Minister Taro Kono revealed to The Japan Times. “But because the Defense Department released such a video, I would like to hear from the U.S. side about its intention and analysis.” “If (UFOs) are encountered, training … Read more
The U.S. has removed two of its four Patriot antimissile batteries from Saudi Arabia and another two in the Mideast partly because tensions with Iran have eased from a peak earlier this year, according to a U.S. official. The two batteries in Saudi Arabia were helping protect the country’s oil fields and are likely to … Read more
These professors should be charged with crimes against humanity for suggesting Chinese censorship is the way to go. … Earlier this week, Atlantic magazine – fast becoming the favored media outlet for self-styled intellectual elites of the Aspen Institute type – ran an in-depth article of the problems free speech poses to American society in … Read more
In San Francisco, the homeless aren’t just boarding in hotels for free — they’re getting free booze to boot. That was the message from the city’s public health department in recent days after a social media user who describes himself as a “formerly homeless addict” posted a Twitter comment criticizing the practice. “I just found … Read more
“They introduce me?” a blurry Joe Biden asked five seconds after he appeared on-screen. “Am I on?” he added, as he walked toward the camera on choppy video and removed his aviator sunglasses. What was supposed to be a crisp and cool introduction instead stoked confusion. THIS IS SO MUCH FUN I SHOULD CHARGE TO … Read more