Company layoffs accelerate as recovery appears elusive… 9,000 Catholic churches received PPP loans meant for small businesses

Company Layoffs Accelerate as Recovery Appears Elusive General Electric, Airbnb, Uber among employers planning job cuts Corporate America unveiled another wave of job cuts and warned of additional reductions, as executives signal they are resigned to a lengthy coronavirus-induced economic downturn. …

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Revealed this week about RussiaGate: Everything the MSM told you was a lie. Everything Congressional Democrats told you was a lie. Everything the “Intelligence Community” told you was a lie.

Revealed this week about RussiaGate: Everything the MSM told you was a lie Everything Congressional Democrats told you was a lie Everything the "Intelligence Community" told you was a lie Everything we told you about the Russia Hoax was the …

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EIDL Grant – Some interesting inside information for anyone curious on exactly how the process works. It seems it was outsourced to a private company called RER Solutions, along with other interesting facts. If you didn’t get the grant this might be useful information as to why.

by cue378 I see a lot of messages about confusion surrounding this process. Recently, in a lawsuit the SBA was forced to disclose information about exactly how the process works including the fact they outsourced it to a private company. …

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When Valuations Actually Matter

by NegativeTangibleBook TL;DR – a high correlation between savings/monetary base ratio and 10y US treasury yields imply yields may soon rise, making stocks less attractive. DISCLAIMER: not a post you want to read if you’re looking for a C/P, price, …

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Destroyed by margin call

by bedofnailz To all the retards out there gambling with margin thinking you are Bradley Cooper or something, here is why you don’t do it unless you got the cash to cover the call.    

Something is not right when standing too close to someone is worthy of arrest, while high risk offenders are let out because it’s for the good of the public…

by lboog423 Thousands of prisoners have been released because of safety concerns, including high risk sex offenders. Now citizens are being arrested for cutting hair and violating social distancing policies. What the hell is going on here? FARRELL: Governors Are Testing …

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Social Distancing Covert Tactic Against Civil Unrest

by Martin Armstrong https://d33wjekvz3zs1a.cloudfront.net/wp-content/uploads/2020/05/Robot-Dog.mp4 The implementation of social distancing has clearly an entirely different intent and purpose which has nothing to do with this fake epidemic of COVID-19.  Going to this extreme of employing robotic dogs to keep people apart …

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Given the massive size of QE and all the bailout facilities one cant be too certain about the path of equities…but this rally could easily be like the 1930 headfake,before stocks really got destroyed.

given the massive size of qe and all the bailout facilities one cant be too certain about the path of equities…but this rally could easily be like the 1930 headfake,before stocks really got destroyed. — bill fleckenstein (@fleckcap) May 8, …

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Unemployment Is Really 35.7%

by Jim Quinn HEADLINES: PANDEMIC-DEEPENED RECESSION HAS HAD ITS EMPLOYMENT COLLAPSE AND INITIAL GDP CONTRACTION – April 2020 U.3 Unemployment Rate Really Was 19.5% per Bureau of Labor Statistics, Where the Reported “Headline” 14.7% U.3. Reflected Survey and Classification Errors …

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You Ain’t Seen Nothing Yet

Guest Post by Realestatepup The fall out from this will take 24+ months to rear it’s ugly head fully. By that I mean the wave of first commercial foreclosures, then residential. Commercial was already hanging by a thread, with brick-and-mortar …

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UCNBT: “U CAN NEVER BEAT TRUMP”

by Wayne Allyn Root Dear President Trump, here’s an important message from your supporters. First it was “Stormy Daniels.” Then, “Russian Collusion.” Followed by “the Ukrainian Hoax.” Now, it’s “Coronavirus pandemic” and the resulting economic catastophe. “THEY” never give up. But …

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Governments Are The Real Price Gougers

by Lee Friday via Mises Ontario Premier Doug Ford said “he was ready to ‘throw the book’ at those who hiked prices on essential goods by five or ten times their usual value.” He said: I’m calling them out: Pusateri’.s I heard that they’re selling hand wipes …

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Mark Cuban Hires Secret Shoppers To Monitor Dallas Businesses Reopening… 96% Of Stores ‘Non-Compliant’ With Mandatory Protocols

DALLAS (CBSDFW.COM) – Dallas Mavericks owner Mark Cuban, who’s made national headlines for his charitable work and his opinions during the coronavirus pandemic, says he wanted to see just how Dallas was reopening its economy after retail stores and restaurants were …

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Shall history repeat? answer is yes.

https://twitter.com/Hoz94s/status/1258869330206490633 https://twitter.com/hks55/status/1258905880994762754 Will the 33-day, 34% decline in stocks mark shortest bear market in history despite “what’s likely to be deepest recession in at least 8 decades, when >1/3 S&P 500 companies have withdrawn financial guidance and buybacks & dividends …

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2 million job losses have been reported as permanent. That’s a 2001-style recession so far and a stat the media ignored

https://twitter.com/GreekFire23/status/1258837351259930626 HASSETT: ALL UNEMPLOYED EXPECT TO BE REHIRED BY EMPLOYER that is the stupidest fuking thing i have heard this month. — Heisenberg Report (@heisenbergrpt) May 8, 2020 This chart from @calculatedrisk is, in one word, breathtaking. pic.twitter.com/C8BatIEwti — Invictus …

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