Powell explaining why so many bankrupt stocks are rallying.

THE MORE RISK THE BETTER pic.twitter.com/Hciyi1SS2k — Win Smart, CFA (@WinfieldSmart) June 9, 2020 Just how extreme has the swing in U.S. stock sentiment been in the past three months? An option-based indicator provides an answer. See my Chart of the Day. https://t.co/2zgNgaj9ez pic.twitter.com/HAA9fiKHX5 — Dave Wilson's Archive: Chart & Stock of the Day+ (@TheOneDave) … Read more

We went from a 2008 collapse to a 1999 stock bubble in under three months

https://twitter.com/vol_christopher/status/1270521083817582594 Markets driven by euphoria never end well. Warren Buffett is not an idiot. Fundamentals matter. pic.twitter.com/30RXsnjuDl — Otavio (Tavi) Costa (@TaviCosta) June 9, 2020 The stock market is at unsustainable technical extremes. Never mind the abysmal fundamentals. pic.twitter.com/a4OyuoXNmr — Kevin C. Smith, CFA (@crescatkevin) June 8, 2020 Stocks have made a $21tn rebound since … Read more

Seriously!!! Are Millennials really buying FANGDD mistakenly thinking its something to do with FANG stocks?

Seriously!!! Are Millennials really buying FANGDD mistakenly thinking its something to do with FANG stocks? As Bill Blain noted earlier: “Markets have become a game – a wicked game that bears little connection to the pain out there. Loaded wicked games attract the vulnerable and desperate to play. ” https://www.zerohedge.com/markets/another-example-how-fked-markets-right-now

An autist in the making

by Lord-Henzo   Must be the top. Back in 1929, right before the crash, a young girl wrote a letter to Standard Oil with $4 (or maybe it was $40) attached asking if they could invest the money for her. It ended up in the papers and sentimental readers funded a share for her to … Read more

To Stay Informed, Watch Less TV

by Patrick Watson Pop math quiz: What is 1918 + 1932 + 1968? Your calculator may say 5,818, but the real answer is 2020. This year has turned into a combination of those three historic years. In the US, we have A deadly pandemic, like the one in 1918 An economic recession that could inspire … Read more

Corporations Care About Equality. How Nice.

by JumboReverseShrimp Thankfully corporations are looking out for the oppressed. I though we had no one looking out for us. https://www.nike.com/ “Don’t pretend there’s not a problem in America.” “Don’t turn your back on racism.” https://www.apple.com/speaking-up-on-racism/ ‘This is a moment when many people may want nothing more than a return to normalcy, or to a status … Read more

Antifa have captured and barricaded 6 city blocks in Seattle – Police precinct abandoned – Antifa set up barricades to create a border

Andy Ngô Verified account @MrAndyNgo Seattle @MayorJenny is allowing a dangerous situation to fester. #Antifa militants have taken over & created an “autonomous zone” in city w/their own rules. Police precinct abandoned. Antifa set up barricades to create a border. Calling for volunteers to provide armed guard. Seattle @MayorJenny is allowing a dangerous situation to … Read more

President Trump Drops a NUKE on 3 Big Name “Republicans” After They Reveal Who Has Their 2020 Vote

https://www.youtube.com/watch?v=RRGA_fGxjIU Bronson Stocking from Townhall reports, Never Trump Republicans are crawling out of the woodwork and fanning out across the media to declare their support for Joe Biden. The big three who are being hyped by the media as the push to dislodge President Trump from power intensifies are former President George W. Bush, Mitt … Read more

WHOA! Look Which Dem Just BROKE With Their Party and Does NOT Want to Defund the Police!

https://www.youtube.com/watch?v=MUcEgnOAbQU Henry Rodgers from the Daily Caller reports, Democratic New Jersey Sen. Cory Booker on Sunday morning said he would not call for the defunding of the police, as many celebrities and protesters have done since the death of George Floyd. When asked about defunding law enforcement on NBC’s “Meet the Press,” Booker said he … Read more

DNI Richard Grenell On The Russia Collusion Hoax

Former Acting Director of National Intelligence, Richard Grenell was on the Rubin Report and he dropped some shocking information related to the beginnings of the Russia collusion sham. At the 25:00 minute mark, Richard Grenell shares the following: Grenell: The current intelligence community, not the former intelligence community that the New York Times and the … Read more

Deep State to Powell: Stop Goosing Stocks Higher Or You’ll Re-Elect Trump

by Charles Hugh-Smith Come on, Jay, you can always goose stocks back to new highs after the election. Indulge me for a moment in some backroom speculation. It’s absurdly obvious that the unelected, permanent, ever-expanding National Security State, a.k.a the Deep State, and its Democratic Party allies have been attempting to torpedo Donald Trump since the … Read more

Trumps Makes The Next Economic Move, The MSM Narrative Is Falling Apart

https://www.youtube.com/watch?v=3HdAQN-afzQ The MSM/D’s are now pushing their narrative that the economy is crashing, it will never recover, this will fail, once people see the economy recovering the narrative falls apart. More states are now lifting the lockdown, stores are opening, Macy’s is in the process of opening their stores. Trump has now set aside 3 … Read more

Illinois is the First Entity to Borrow from the Fed’s New Facility. But “Insolvent” Entities Are Not Supposed to be Eligible

A combustible mix of fiscal and monetary policy. By Bill Bergman, Director of Research, Truth in Accounting: On April 9, amidst plunging economic conditions, the Federal Reserve announced a set of lending policy initiatives that included a new “Municipal Liquidity Facility” for state and local governments. For legal authority, the Fed cited the emergency lending provisions in section … Read more