Month: June 2020

The World Runs on USD: How and Why

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by ThisistheEndMyFren Here’s a rundown of how the world economy uses USD and what it does to its value and underlying economy: The American Dollar is the global reserve currency—an international medium of exchange and store of value for most major countries. Think of USD like an international Gold Standard, a hedge against volatility or sudden … Read more

Thanks to #Antifa, the political left just lost every argument they have ever made, except for abortion. At least from a persuasion perspective.

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View post on imgur.com https://twitter.com/ScottAdamsSays/status/1267190263388057600 Scott Adams Verified account @ScottAdamsSays Thanks to #Antifa, the political left just lost every argument they have ever made, except for abortion. At least from a persuasion perspective. Scott Adams Verified account @ScottAdamsSays Second Amendment? Stronger than ever. Scott Adams Verified account @ScottAdamsSays Income inequality? Hard to care when “protestors” … Read more

The GAP DD

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by Particular-Wedding The GAP (GPS) reports this Thursday and I think it will be a disappointment. The GAP is a discount clothing retailer that operates large physical footprint stores across the USA and other countries. I am looking at this primarily from a TA perspective: Bearish arguments: lower high formed on 5/29 – the stock … Read more

Democrats Running Clandestine PSYOP To Overthrow Trump

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This is a teaser video for an in depth report on IIA, or Interactive Internet Activities, psychological operations (PSYOPS) ran on social media. Originally designed for military use in foreign conflicts by cyber-security contractors, it is now being deployed by the Democrat party here in the United States to destroy the Trump administration.   AC

The U.S. economy’s recovery is likely to drag on through the end of next year, with the labor market experiencing its sharpest deterioration since the 1930s, the Congressional Budget Office says

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The U.S. economy’s recovery is likely to drag on through the end of next year, with the labor market experiencing its sharpest deterioration since the 1930s, the Congressional Budget Office says https://t.co/x4ahFIxV0R — Real Time Economics (@WSJecon) June 1, 2020 The wart on today's ISM is the lack of improvement in New Orders vs Inventories … Read more

Polk County Florida Sheriff…I like this guy!

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by DCG Polk County Florida Sheriff Grady Judge speaking about the riots/protests: “The people in Polk County like guns, they have guns, I encourage them to own guns… And if you try to break into their homes to steal, to set fires, I’m highly recommending they blow you back out of the house with their guns.” Read … Read more

These Riots Are Totally Insane!

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https://youtu.be/wHu1LYNvmvw You can thank the federal student loan for creating a generation who has been taught the religion of “resistance”. Your tax dollars paid for your cities and businesses to burn. https://youtu.be/U-6SNm2PAOo   h/t Mr. Time

Head of Canada’s Mortgage & Housing Agency Warns Home Buyers to Question Motives of Those Saying Prices Will Rise

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“They’re whistling past the graveyard and offering no analysis.” By Stephen Punwasi, Better Dwelling: The head of Canada’s national housing agency rang off yet another warning to homebuyers. Evan Siddall, the head of the Canada Mortgage and Housing Corporation (CMHC), warned people to question the motives of anyone that says home prices will rise in the near-term. He … Read more

Rents in the Most Expensive Cities Drop. Oil Patch Gets Hit Too. But Massive Gains in Other Cities

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Are the Work-from-Home-Folks Moving to Cheaper Pastures? By Wolf Richter for WOLF STREET. In the most expensive rental markets in the US, rents are declining, and did so even in May which normally is a fairly strong month for rents. And there may be some reasons. Zumper in its June rent report: “It seems the pandemic has shifted the … Read more

Charted: The Biggest Foreign Holders of U.S. Debt

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by howmuch The U.S. government is borrowing $3 trillion in the second quarter this year, an eye-popping number with unknown implications for the future of the economy. With so much government spending in response to the coronavirus, we started to wonder, which countries actually own the most U.S. debt? Buy this visualization Japan holds more U.S. debt … Read more

Even if small business owners have insurance that covers damage from civil unrest, many will not get payouts for more than a year (if at all).They’re affected far more than big corporate chains. Historically, many businesses never return to areas affected by significant rioting and looting.

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by DontMicrowaveCats I’ve seen a lot of posts all over social media condoning rioting and looting in the name of the cause…with the justification its not a big deal because they’re covered by insurance, and financial damage doesn’t matter in comparison to the broader issue of police injustice. While property will of course never be … Read more