US Treasury seeks to borrow a record $3 trillion this quarter The Treasury Deparment announced Monday it is borrowing about $3 trillion this quarter. The money is being used in large part to subsidize economic rescue efforts in the wake of the coronavirus pandemic. Total U.S. government debt now is near $25 trillion, with the … Read more
I can’t even begin to imagine all this. pic.twitter.com/X9a6XJCGqs — Gratke Wealth, LLC (@GratkeWealth) May 4, 2020 INVESTORS HAVE NO FEAR OF BANKRUPTCY ANYMORE DUE TO THE FED THIS WAS REPORTED ALL LAST WEEK AND THIS POS STOCK IS STILL ABOVE $3 INCREDIBLE 🤔@DiMartinoBooth @GaryKaltbaum @OpenOutcrier https://t.co/OrcQE3dgl4 — Reminiscences of an American Capitalist (@4Awesometweet) May … Read more
from Daily Market Wisdom with Nick Santiago For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring … Read more
by DCG From the mayor who violated her own social distancing rules in order to get HER hair cut. After all, SHE’S in the public eye so she be special. She states that if you violate the “law,” you will be taken to jail. PERIOD. I’m curious as to which LAW the good mayor will cite if … Read more
by Ron Paul Last week the Federal Reserve announced it will keep interest rates at or near zero until the economy recovers from the government-imposed shutdown. Following this announcement, Federal Reserve Chairman Jerome Powell urged Congress and the Trump administration to put aside any concerns about the deficit and spend whatever it takes to stimulate the … Read more
This guy is BOLD! Impressed that he would come out and say this on national television. And the guy is a democrat!Proud to say he's an Oregonian, too.@BryanDeanWright pic.twitter.com/PlwM5c2ssp — Mr Reagan 🇺🇸 (@MrReaganUSA) May 2, 2020 CP
by Simon Black At precisely 4pm on Friday October 17, 1975, New York City’s government would have a $453 million in debt to repay. But literally the night before, the city’s government had only $34 million on hand. It was the makings of an epic financial crisis: the wealthiest city in the world was about to … Read more
by fairysparkles333 I’m in Indiana and the state opened back up on May 1 but my County in particular which is in the capital is still on lockdown until May 15. Yesterday my boyfriend and I went to a state park hoping to just get some fresh air. We had been to parks before and … Read more
One Washington small business owner was shocked at the reaction of her laid off employees who were outraged at the news her spas were among the lucky few enterprises to capture a forgivable government loan under the Paycheck Protection Program (PPP). “It was a firestorm of hatred about the situation,” Jamie Black-Lewis told CNBC. The loan secured … Read more
by Annapurna I guess Jeffrey Gundlach’s bluff is being called out and the Fed will deliver on their March 23 promise. I will definitely be looking closely at the Fed’s weekly statistical releases over the next few weeks to see changes in the balance sheet. https://www.newyorkfed.org/newsevents/news/markets/2020/20200501 https://www.newyorkfed.org/markets/primary-and-secondary-market-faq/corporate-credit-facility-faq
This guy is BOLD! Impressed that he would come out and say this on national television. And the guy is a democrat!Proud to say he's an Oregonian, too.@BryanDeanWright pic.twitter.com/PlwM5c2ssp — Mr Reagan 🇺🇸 (@MrReaganUSA) May 2, 2020 This is one for the history books. Turn the page, because Spygate is ON. AC
Politicians can paint pretty pictures all they want but its obvious whats happening. Massive Drop in Homebuyer Interest Can virtual tours, phone calls and video conferences replace the real thing? So far, the answer is no as Real Estate Agents Assess the Post-Pandemic Future of Homebuying.https://t.co/1PYMGK6ekn — Mike "Mish" Shedlock (@MishGEA) May 4, 2020 https://twitter.com/realwillmeade/status/1257028480157601797 … Read more
The Rich Dad Channel, Released on 5/2/20 “Central banks are made up of bureaucrats & academics who do not know what they’re doing. they do not know how markets work. They don’t know much about the real world. These guys can’t save the world. All they want to do is save their jobs.” – Jim … Read more
by The Phoenix Stocks have fallen to test support. The rising bearish wedge formation (blue lines) everyone has been tracking broke late last week. The S&P 500 has now fallen to test support (red line). The bears have jumped on this move, stating that it is evidence we are going to see another crash to retest … Read more
via arstechnica There are a lot of things one could buy in the aerospace industry for $146 million. One might, for example, buy at least six RD-180 engines from Russia. These engines have more than twice the thrust of a space shuttle main engine. Or, one might go to United Launch Alliance’s Rocket Builder website and … Read more
by SarcasticaFont McDaniel: Media And Democrats Went From “Me Too, Me Too, Me Too,” To “Move On, Move On, Move On”
Millions of Americans filed for first-time unemployment benefits in March but 71% of them did not receive their benefits that month, delaying aid as laid-off workers struggled to pay rent and cover basic expenses, according to an analysis of Labor Department data by the Pew Research Center. Just 2.1 million of about 7.37 million applicants … Read more
Handwritten notes make clear the extent to which a group of FBI thugs endeavored to destroy Michael Flynn. JUST A REMINDER, THIS IS 100% TRUE. Flashback, March 2017: “Hypothesis: The spying-on-Trump thing is worse than we even imagine, and once it was clear Hillary had lost and it would inevitably come out, the Trump/Russia collusion talking … Read more
https://www.youtube.com/watch?v=4T4wRirv0w8 Mark Finkelstein from Newsbusters reports, What could be more “bipartisan” than a Pelosi-appointed panel that excludes all Republicans and includes rabid, Trump-hating Democrats? On CNN’s New Day this morning, co-host Alisyn Camerota asked Nancy Pelosi about an “oversight” panel she has created regarding the CV bailout funds. Camerota asked, “Are there any Republicans on … Read more
I think the last straw was when our patriot told them he talked to the police chief and told them he’s not gonna take any of the people they arrest. My mom and I were watching earlier today and she got up and started happy screaming and dancing, we were both crying. This has NEVER … Read more
CNN Ticker: Is stage 4 TDS considered an underlying morbidity James Fox is here on CFP and explains how it happened… Yes I am the James Fox who posed that question. Here’s what happened. Saw the CNN live townhall pop up in facebook, and made that comment in the feed. I was not watching CNN … Read more
This has been reported on local news here in Vegas.. Casinos start to open May 15th have already sent out notices to those that wont be returning to work and it appears to be about half of all casino employees and maybe more, Station casinos that own about 10 casinos here in town are not … Read more
This was passed last month and should be available for the last couple of weeks. https://www.businessinsider.com/stimulus-package-unemployment-benefits-increase-2020-3?op=1 It’s hard to believe anyone wants to work low wage jobs now. Even $15 an hour x 40 hours a week = $600. But this $600 is for doing nothing AND on top of any state benefits. Imagine you … Read more
My best friend in CA called me yesterday. He’s worried about the coming “meat shortage” so he went to Lowe’s to buy a freezer. They refused to sell one to him, citing some type of “anti-hoarder” rule. He was shocked and called to ask me about it. Anybody bought a freezer lately? AC
