by Tommy ‘Heads we win, tails you lose’: how America’s rich have turned pandemic into profit As 26 million Americans lose their jobs, the billionaire class has added $308bn to its wealth Never let a good crisis go to waste: …
#SP500 Long term picture. This crisis is far from over! Debt levels must come down before we move into #Kondratiev's Spring. Monetary Reset needed at some point! First final phase of #Deflation – then #Stagflation. #Equities will bottom at much …
State Health Commissioner Predicts Reopening Virginia ‘Will Be a Two Year Affair’, Mockingbird Governors The first phase of reopening the state of Virginia “will be a two year affair,” State Health Commissioner Norman Oliver said on Friday. Gov. Ralph Northam …
@FoxNews just doesn’t get what’s happening! They are being fed Democrat talking points, and they play them without hesitation or research. They forgot that Fake News @CNN & MSDNC wouldn’t let @FoxNews participate, even a little bit, in the poor …
BREAKING – Atty General Barr has just finished putting together orders to compel all 50 state governors to open for business and “end illegal martial law” stay at home directives by MAY 1. Mnuchin said failure will have repercussions of …
Comedian Bill Maher said on his Friday night HBO program that he is hoping for a recession if it means getting rid of President Trump. “I feel like the bottom has to fall out at some point,” the host said …
via MarketWatch In our call of the day, former Goldman Sachs hedge-fund manager Raoul Pal said the dollar was the world’s “biggest problem” and that the signal to sell equities was coming soon. He said the narrative that the Fed printing …
by northmantrader New bull market? No. Unproven. New lows to come or a retest? No. Unproven. Markets are engaged in a key battle between the worst evolving fundamental picture in our lifetimes on the one hand, and the largest set of …
Researchers tracking smartphone data say they recently made a disturbing discovery: For the first time since states began implementing stay-at-home orders in mid-March to limit the spread of the novel coronavirus, Americans are staying home less. The nationwide shift during …
by moneymetals Rep. Alex Mooney (R-WV) Is Demanding Answers from the CFTC on Gold Shortages Don’t want to listen? Read the podcast below! Hello again, and welcome to another edition of the Weekly Market Wrap Podcast, I’m Mike Gleason. Well, just …
Someone has this completely wrong. Either the investors are right with their optimism paying 19X because analysts are completely wrong with the EPS downgrades. If EPS rebounds sharply with the economy, the market will be back to the average 15X …
https://twitter.com/hks55/status/1254165889076903936 Cycles Matter. https://t.co/vZZjhhuQ0r — Paranoid Bull (@paranoidbull) April 25, 2020 Dollar shortage warning. New lows for EM currencies with $BRL being decimated. Blood in the streets?Not even close. Wall Street still estimates a 20+% appreciation in $BRL and further …
by cefpodoxime Many of Fidelity’s retirement savers continued to contribute steadily with an average contribution of 8.9%, and 15% of savers even upped their contributions. Just 3% of 401(k) participants stopped buying stocks with their contributions. Vanguard told Yahoo Finance …
Fantastic, an African nation with guidance — TANZANIA: President John Magufuli cancels $10 billion loan from China and says terms would have only been accepted by a drunkard TANZANIA: President John Magufuli cancels $10 billion loan from China and says terms …
Hundreds of folks looking to head to their summer homes in one Massachusetts beach town will likely find themselves without running water. Officials in Salisbury are reportedly refusing to turn on water meters for more than 300 seasonal homes in …
“There is currently no evidence that people who have recovered from Covid-19 and have antibodies are protected from a second infection,” the United Nations agency said in an April 24 statement. The WHO guidance came after some governments suggested that …
DENVER (CBS4)– Top executives at Denver Health Medical Center received significant bonuses this month for their performance in 2019, ranging from $50,000 up to $230,000, one week after frontline hospital workers were asked to voluntarily take leave without pay or …
One says “here’s what he says.” OK The next says “Here’s what he asked.” OK Then the network that brought you this guy completely screws it up. On purpose. Asking a question is not “suggesting” something. “SEEMS THAT ‘GRAPPLING’ IS THE NEW #METOO …
by Raúl Ilargi Meijer Saul Leiter Man in straw hat 1955 The following was written by Bruce Wilds, who runs the Advancing Time blog. Bruce is a small business owner in the Midwest. I get lots of articles sent to me, but …
By Wolf Richter for WOLF STREET. The used-vehicle wholesale market is normally very liquid. Millions of vehicles a year are run through these auction houses around the US and establish day-to-day pricing. The sellers are leasing companies, rental car companies, lenders with repossessed …
by Troflecopter After a long time of very responsibly trading blue chip stocks for modest gains single digit gains, last week I started contriving a plan to get into oil and “hit it big”. I spent at least 40 hours …
by sbaleaky Here’s what I can say about the Small Business Administrations EIDL process: https://imgur.com/a/DQNu4qv iaasbalo 4.9M apps so far, thousands added into the Rapid SBA portal every second for processing Min credit score is 570 (will be auto declined, if …
https://twitter.com/Simple_Trends/status/1253446395215953921 https://twitter.com/RealTianZeng/status/1253726965070270467 https://twitter.com/tyler_bryant/status/1253531527574507520 https://twitter.com/NorthmanTrader/status/1253325114013151233 Longer term HYG risk proxy and S&P 500 are now back after massive Fed backed move. Interesting that HYG is trending down while Spooz are running higher. Careful peeps. pic.twitter.com/0fvIcnj335 — Gubb (@gubbmintcheese) April 24, 2020 …
Bloomberg News with some distressing news: U.S. homeowners seeking to delay mortgage payments topped 3.4 million, up 17% from a week earlier, according to Black Knight. About 6.4% of mortgage borrowers have entered forbearance — Robert Burgess (@BobOnMarkets) April 24, …
by crashhacker full pic I think the picture is self-sufficient but, these are all reports I found to be not sitting well with me and couldn’t trust completely. It turns out all the news that has been going viral through …
ROUNDUP: “Stop Looking on the Bright Side: We’ll Be Screwed By the Pandemic for Years to Come,” John F. Harris, POLITICO. “Humans Are Too Optimistic to Comprehend the Coronavirus,” Olga Khazan, The Atlantic. “U.S. Exceptionalism Is Over,” Katrin Bennhold, New York Times. “We …
by sundance Along a party line vote in the House of Representatives, today House Democrats created a Coronavirus investigation committee to be led by candidate Joe Biden’s official political handler and control officer: South Carolina Democrat Rep. Jim Clyburn. The assembly …
by johnsonjackson13323 He’s brainstorming in public. Throwing out questions that seem ludicrous, sometimes spark ideas in others, that may lead to plausible solutions. “Can we use the disinfectant in the body, like inject it or something?” Umm No Mr president, …
Concern is spreading among Arizona ranchers as meatpacking plants across the country continue to close, with workers falling ill with coronavirus. Several meat processing facilities have closed across the country in recent weeks. Ranchers told ABC15 this has created an …
Watch the latest video at foxnews.com President Trump, in his White House coronavirus task force briefing Thursday, appeared to suggest that light and disinfectants might have the potential to treat the coronavirus — prompting a number of stories condemning the …