Fed’s own economic activity index just declined again. Stocks don’t belong at these valuations. Gravity still works.

Fed’s own economic activity index just declined again. Stocks don’t belong at these valuations. Gravity still works. pic.twitter.com/jjAU7iGUsE — Otavio (Tavi) Costa (@TaviCosta) June 17, 2020 Here’s your recovery. Enjoy! pic.twitter.com/X6od2Qerle — David Rosenberg (@EconguyRosie) June 16, 2020 VULNERABLE RETAILERS …

READ MORE

So Taxation is in fact…. Theft

by Venus230   The more the government takes the less people produce. When people produce less everyone is worse off. High taxation benefits the losers, the lazy and the plantation owners who hand out their freebies for votes and power.

Chesapeake May Go Bankrupt This Week

By Charles Kennedy Chesapeake Energy could file for Chapter 11 bankruptcy protection later this week, according to unnamed sources who spoke to Reuters. A separate report by MarketWatch also cited an unnamed source as saying that this week was the week for Chesapeake to …

READ MORE

Wow, Shake Shack, you weren’t kidding!

by NeilNewsNetwork BREAKING: NYPD Officers Hospitalized After Consuming Drinks With ‘Toxic Substance’ At A Shake Shack, Reports Say. “In a statement, PBA President Pat Lynch said: ‘I am writing to alert you to yet another serious safety issue. This evening, …

READ MORE

Minnesota Freedom Fund, a not-for-profit organization that posts bail for protesters, prioritizing Black, Indigenous and Peoples of Color, has raised more than $25,000,000 since George Floyd’s death, but has only paid out $200,000 to post bail. Why?

by ratioetlogicae https://minnesotafreedomfund.org/ Minnesota Freedom Fund is an organization that pays bail for protesters. It has, since George Floyd’s death, raise in excess of $25 million, but has only paid out $200 thousand for bail. The organization is being heavily …

READ MORE

Either this is wrong, or the Fed’s actions are illegal

Either this is wrong, or the Fed's actions are illegal Only CARES funds *directly from Treasury are available for 4003(b)(4)(B) secondary purchases. Beyond that, 4003(c)(3)(B) requires 13(3) collateral. Bonds aren't their own collateral.https://t.co/1Po6hOjPpk@JeffCoxCNBCcom pic.twitter.com/udpG0kqN4C — John P. Hussman, Ph.D. (@hussmanjp) …

READ MORE

Bankrupt shares can have risk??!!

Bankrupt shares can have risk??!! https://t.co/nENz1UadG0 — Win Smart, CFA (@WinfieldSmart) June 15, 2020 https://twitter.com/GreekFire23/status/1272567969676177408 “Hertz says it expects stockholders to lose all their money in filing for selling more stock” “Hertz Global Holdings warned potential buyers in its common stock …

READ MORE

JOURNALISM: Little over an hour apart.

by Glenn Reynolds Little over an hour apart. pic.twitter.com/K2a7fGRNDd — Mark Hemingway (@Heminator) June 15, 2020 UPDATE: Seen on Facebook” Plus: During Massive Protests, Two Pro-Life Women Arrested for Violating Social Distancing in NYC. Why is De Blasio so afraid of these strong …

READ MORE