Month: May 2020

Billionaire Zell Sees Economy Permanently Scarred by Pandemic… Some Companies Began Preparing for Downturn Before Pandemic…

by

Billionaire Zell Sees Economy Permanently Scarred by Pandemic… (Bloomberg) — Sam Zell, the billionaire known for buying up troubled real estate, said the coronavirus pandemic will leave the same kind of impact on the economy and society as the Great Depression 80 years ago, with long-lasting changes in human behavior that imperil many business models. … Read more

The Fed Got the Market to Bottom on a Lie… So What Else is It Lying About?

by

by The Phoenix The Fed lied to us. If you’ll recall, on March 23rd 2020, the Federal Reserve stated that it would begin buying both U.S. Treasuries and corporate bonds with unlimited funds. The announcement was historic in nature: never before in its 107-year history had the Fed bought corporate bonds before. IN fact, it was technically illegal for the … Read more

Disinflationary: You can bring a horse to water but you can’t make it drink. We’re near the nobody saw it coming moment.

by

Disinflationary. You can bring a horse to water but you can't make it drink. Fed balance sheet soars, but M1 and M2 growth remain significantly below. pic.twitter.com/YjzeoW8ZU5 — Daniel Lacalle (@dlacalle_IA) May 5, 2020 https://twitter.com/ChrisMCouch/status/1257653061461389313 The world is swimming in oil… and unsold cars. New car registrations collapse adds to an already weak 2019 pic.twitter.com/b8oZBPtXe3 … Read more

Ruh-Roh Time For Stock Market Bulls? Keep An Eye On These Bearish Reversals!

by

by Kimble Charting Is it Ruh-Roh Time for stock market bulls? Possible!!! Stock market bulls might have received a very concerning message last week from numerous indices! This 4-pack reflects that each popular index created a sizeable bearish reversal pattern at respective Fibonacci retracement levels last week. Keep this in mind; one week does not make a … Read more

A LAWLESS FEDERAL RESERVE

by

The Fed’s experiment with junk bonds is about to begin. Critics argue the Fed is overstepping its mandate by purchasing corporate bonds — a step it never took during the 2008 financial crisis. Gundlach said the Fed is using a “shell company set up to circumvent” the Federal Reserve Act, which created the US central … Read more

Chinese Unemployment reported at 20% before the report was wiped from the internet

by

Use a translator for the link https://info.51.ca/news/china/2020-04/881818.html?fbclid=IwAR1UWnOgESpgvprstXGi_DEOlhvHpMNbofFKBvWvZzX2FgsZ_UUkxgVxBaw Mainland brokerages recently released report shows that mainland unemployment population reached 7,000 million, and the unemployment rate should be 20%, the data is much higher than the CCP official published data. According to the port media 4 months 27 daily guide, the report is in Tai Securities chief economist Lee … Read more

#SPX … This Bear Mkt rally ain’t fooling me. IMHO, the downside opens up again on a sustained break <$2790 support.

by

#SPX … this Bear Mkt rally ain't fooling me. IMHO, the downside opens up again on a sustained break <$2790 support. pic.twitter.com/66bTcI0rOM — JoeFriday714 (@joefriday_714) May 5, 2020 Here's the real reason why billionaire investing 'genius' Warren Buffett didn't spend one penny of his massive cash pile as stocks plunged at record pace… according to … Read more

What’s the tipping point for when bankruptcies become systemic, and failures create a cascading effect of tripping other companies into insolvency?

by

What’s the tipping point for when bankruptcies become systemic, and failures create a cascading effect of tripping other companies into insolvency? The roster of bankruptcies is quickly getting longer, but these are still the weaker, over-leveraged hands. — Lisa Abramowicz (@lisaabramowicz1) May 5, 2020 Potential fallen angels have risen to a record high, according to … Read more

Margin Calls Caused by The Fed, “Lenders complained that indiscriminate buying was hurting more than helping.”

by

via Bloomberg: Rescue of housing market in March accidentally burned lenders Variety of pressures keeping rates from going even lower The Federal Reserve’s emergency rescue of the U.S. mortgage market should have set off celebration among lenders trying to keep up with demand from borrowers. Instead, executives at Quicken Loans got a hefty margin call. That was … Read more

TSLA mooned today because short selling was BANNED

by

by Dc1993x Here are the facts: After the financial crisis, the SEC created rules to help protect long-term investors This was done to maintain investor confidence & to prevent large intra-day crashes Don’t believe me? See for yourself: https://www.sec.gov/rules/final/2010/34-61595.pdf I know you aren’t going to read that, so let me summarize: If a security drops … Read more