Month: July 2020

People with a bearish sentiment will be right in the end. This bubble is going pop soon and it will wipe out many cocky permabulls.

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https://twitter.com/Hoz94s/status/1280253620362063872 The percentage of CSI 300 members in overbought territory literally went from zero to sixty in less than two months. pic.twitter.com/PDOl5cRybY — David Ingles (@DavidInglesTV) July 6, 2020 This move up in #Tesla stock — up 42.9% in the last five trading session — is absolutely remarkable.#stocks #markets #tsla #trading #investing #investors @Tesla pic.twitter.com/kojqFOvYNc … Read more

CNBC: China told citizens to buy stocks, boosting market — ‘We have the Fed…China has its state media’

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Key Points – China’s state media fed an already exuberant Chinese stock market some extra fuel Monday with a report that said fostering a “healthy bull market” is important. – The Shanghai stock market, up nearly 6% last week, added another 5.7% after the report, along with gains in other Chinese markets. – Stocks globally … Read more

RICHARD FERNANDEZ: Why the Epstein Scandal May Be the Most Important Story of the Decade.

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via pjmedia: The Epstein scandal was one of many recent events that suggested the custodians had betrayed their stewardship. If culture is the mind of a civilization, no society can long survive the corruption of its own legacy and symbols. The photo of Ghislaine Maxwell and Kevin Spacey seated on the thrones of England as guests of Prince … Read more

Bad Days Are Coming For Us With A Real Crash: Stock Market Bubble, Credit Bubble & Zombie Companies

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via Financial Argument Today’s episode is “The Stock Market Bubble, Massive Credit Bubble, and Zombie Companies “ If you believe that the increases in the stock market aren’t a complete bubble or that the dubious figures presented to you regarding the collapse of the economy are accurate and the whole global financial system is in a … Read more

CLOWN WORLD: Blacks Assaulted And Multi-racial Church Service Disrupted By BLM

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Grace Baptist Church @realgbctroyny If black lives matter, why did this black family require guards to be escorted into church to be protected from the mob? If black lives matter, why did this black family require guards to be escorted into church to be protected from the mob? pic.twitter.com/CPu5RIaG5K — Grace Baptist Church (@realgbctroyny) June 29, 2020 … Read more

JOHN ELLIS: Campus Culture Seizes The Streets: Taxpayers, parents and donors need to save higher education from activists who claim to be scholars.

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via WSJ: How did radical ideas like abolishing or defunding the police move from the fringes to official policy seemingly overnight in cities like Minneapolis, Los Angeles and New York? And after George Floyd’s killing by police touched off protests, why did so many prominent journalists and intellectuals rationalize looting and violence? For an answer, … Read more

Meet “Alison Nathan,” assigned judge to the Ghislaine case

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This is looking pretty bad… Can you believe the judge who will preside over the Ghislaine Maxwell Case? “President Barack Obama greets departing Associate Counsel to the President Alison J. “Ali” Nathan, left, Meg Satterthwaite, and their twin sons Oliver and Nathan, in the Outer Oval Office, July 7, 2010.” https://twitter.com/Mareq16/status/1280109620623745024   Everyone should be … Read more

Liberal mega-donor George Soros is on track to double his ~$20M 2016 election spending in 2020 with at least $40M

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Undercovered story of the day by @FreeBeacon's @JoeSchoffstall: Liberal mega-donor George Soros is on track to double his ~$20M 2016 election spending in 2020 with at least $40M—but most of that money is funneled through his super PAC & 501(c)(4) nonprofit https://t.co/gxJIUrgxSR — Anna Massoglia (@annalecta) July 6, 2020 Liberal billionaire George Soros is on … Read more

Following a weekend of violence in Atlanta, Governor Brian Kemp has declared a state of emergency across Georgia

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https://twitter.com/disclosetv/status/1280237278502232065 30 wounded by gunfire over the weekend with five dead. Edgewood was a warzone last night. 14 people were shot during this shooting… 😳😳😳😳 pic.twitter.com/pMmIhqYIpo — Everything Georgia (@GAFollowers) July 5, 2020 GEORGIA: Republican Governor Deploying 1,000 National Guard Troops To Stop The Riots And Murder Of Children Kemp to deploy 1,000 National Guard … Read more

Roubini: ‘My Prediction for a Great Depression Is Not About 2020, but the Decade of the 2020s’

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New York University’s Stern School of Business Professor of Economics & Roubini Macro Associates, LLC CEO Nouriel Roubini joins Yahoo Finance’s Julia La Roche to break down his economic outlook amid the coronavirus pandemic. https://finance.yahoo.com/video/nouriel-roubini-prediction-great-depression-201457486.html Related: By Request: Percent Permanent Job Losers by Recession https://t.co/B5r1NKRKlf pic.twitter.com/K3IGIo6P9p — Bill McBride (@calculatedrisk) July 6, 2020 Quite a … Read more

Real inflation is significantly underestimated. The fallacy of “there is no inflation” disguises a rising cost of living… especially for the 10% poorer citizens.

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Real inflation is significantly underestimated. The fallacy of "there is no inflation" disguises a rising cost of living… especially for the 10% poorer citizens. pic.twitter.com/V6woYwIsGl — Daniel Lacalle (@dlacalle_IA) July 6, 2020 https://twitter.com/highlevelTrader/status/1280109044301287424 CURRENCY DEBASEMENT CYCLES $GLD pic.twitter.com/bE5tbCRXSi — Win Smart, CFA (@WinfieldSmart) July 6, 2020 #GOLD pic.twitter.com/g1POoon2C2 — Win Smart, CFA (@WinfieldSmart) July 6, … Read more

The market cap of the top 15 stocks is approaching the equivalent of 50% of US GDP. Just buy, buy, buy until this puppy blows.

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https://twitter.com/NorthmanTrader/status/1280199096817512449 S&P 500 has jumped 24% since this time last quarter adding $10T…forward valuations grew twice that rate, from 16.5x est profit to 25x. Expected S&P 500 earnings over next year fell from $150/share to $124.50 in last 3 months, fastest drop in data to 1990https://t.co/82GbZgJ5CJ pic.twitter.com/fnMnPpX0DA — Danielle DiMartino Booth (@DiMartinoBooth) July 6, 2020 … Read more

Commercial real-estate transactions in NYC plunged to the lowest since 2009 in Q2, without much sense of a revival in the second half as no one knows how to value the properties right now.

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Commercial real-estate transactions in NYC plunged to the lowest since 2009 in Q2, without much sense of a revival in the second half as no one knows how to value the properties right now. https://t.co/KOizIHfVxz — Lisa Abramowicz (@lisaabramowicz1) July 6, 2020 Real Estate Prices Fall Sharply in New York: NYT Since the coronavirus shut … Read more