From Birch Gold Group It appears the “sleight of hand” that corporations use to inflate share prices and bloat balance sheets may be slowing down, for now. The website Wolf Street highlighted the beginning of the end for this round of corporate share …
The World Bank many not have a deep enough piggy bank to back the extended risks of an Asian economic contraction… by Chris Vermeulen of The Technical Traders Thinking somewhat far off into the future, our researchers believe China/Asia could become the next …
by Simon Black of Sovereign Man By the mid 1300s, the Republic of Florence in modern day Italy had experienced one of the greatest economic booms in human history. In less than a century, Florence had grown from a tiny, irrelevant backwater to …
Dr Anthony Fauci says the US is ‘not even at half-time’ in the fight against coronavirus in interview with Duke basketball head coach, who calls him ‘America’s point guard’ Dr Anthony Fauci, of the National Institutes of Health, appeared on …
by Tom McClellan The past 3 weeks have seen a huge surge in the bearish percentage among the investment advisors and newsletter writers in the Investors Intelligence survey. Often these data are shown as the spread between the bulls and the …
https://twitter.com/NorthmanTrader/status/1246029553803427842 Welcome to the depression https://t.co/4PHYLNpiuw — Alastair (@StockBoardAsset) April 3, 2020 Portfolio leverage as a multiple of assets in risk parity funds, estimated – @SoberLook @WSJ pic.twitter.com/VRtNxiMEFv — Rob Hager (@Rob_Hager) April 3, 2020 Bloomberg: Mortgage Defaults Could Pile …
She’s a smart cookie! “Sen. Martha McSally (R-AZ) on Thursday called on the World Health Organization’s (WHO) director-general to resign over the organization’s management of the coronavirus and the WHO’s concealment of China’s failure to contain it. McSally called on …
Drugs most likely to be in short supply: 1. Chloroquine phosphate 2. Hydroxychloroquine 3. Melphalan tablets 4. Anagrelide capsules 5. Disulfiram tablets 6. Irbesartan tablets (very wide use) 7. Losartan tablets (very wide use) and also being tested against coronovirus …
So what the hell? 3M is not selling to the US. Jared Moskowitz is on Tucker Carlson telling how 3M won’t sell to the US. Jared Moskowitz @JaredEMoskowitz . @3M Hello again. Director of @FLSERT here. I have money, you …
by AloneForever Some of you might be as perplexed as I am as to why the markets didn’t fall farther, and why we saw that recent huge rally. I was holding some puts in anticipation of a bigger drop, and …
by mapi How do you encourage people to turn against each other during the COVID-19 pandemic? The answer is not that complicated, especially if you live in the City of Bellevue, Washington. Four years ago, when the city created the MyBellvue app, …
By Tom Kool Oil prices exploded on Thursday morning after US President Trump tweeted that he spoke with Saudi Crown Prince Mohammed bin Salman about a potentially ‘huge’ output cut. According to Trump, the production cut from Saudi Arabia and Russia could …
By John Mauldin In my decade forecast, I projected that in the next recession that the deficit would climb to over $2 trillion. Clearly, that demonstrates I am an optimist. Here’s a chart I shared back in January. Between reduced tax …
By John Mauldin With all its recent activities, the Federal Reserve’s balance sheet has exploded to $5 trillion-plus. My friend Peter Boockvar thinks assets could easily reach $10 trillion, and problems will develop when they try to wind it down. I’m not so sure …
At 1:01:20 SPREADS ‘JUST BY BREATHING’ (CNN)A prestigious scientific panel told the White House Wednesday night that research shows coronavirus can be spread not just by sneezes or coughs, but also just by talking, or possibly even just breathing. …
by Lazonby I work in grocery retail and have a significant amount of knowledge regarding store level operations, logistics, and the manufacture of the goods you buy in the stores. The reason for this post is due to the sheer …
by RaGeQuaKe What’s interesting to note is that it claims to be “anonymous,” and that you can opt out. In order to opt out though, you would think you need to simply put your phones IDFA (Identification for Advertisers Number) …
Brace for the ‘deepest recession on record,’ says BofA analysts, as jobless claims surge to 6.6 million BofA economists forecast that the unemployment rate will soon hit 15.6% from 3.5% as of February There are no parallels for the pandemic …
The FBI Can’t Be Trusted With the Surveillance of Americans: An inspector general report finds that the bureau has been systematically unscrupulous. For years, we civil libertarians were told that our concerns about the secret court that oversees the FBI’s applications to …
by LV According to a Forbes article dated March 27th, “the stimulus is an advance of a refundable tax credit on your 2020 taxes.” If your 2020 tax return next year indicates that the IRS paid you too much stimulus, they …
by NineteenEighty9 JAPAN: WHO Should Be Renamed the CHO or the “Chinese Health Organization” Here is a Reuters report showing that China did not admit that it could be transmitted from person-to-person till January Even when China finally admitted it, …
Maybe David is right. The cure for the GFC is beginning to look like it was worse than the disease. The difference between then and now is that the leverage is buried deeper and much of the lending has moved …
by KimchiCuresEbola If there’s demand… I’ll do a part two on equity factors and how to use factors to decide what companies to buy options for. Commodity Term Structure Basics Mr. FuzzyBlankeet, Esq. touched upon futures in his last post, so I’m …
https://twitter.com/CarpeDonktum/status/1245213690783322113 THEY HATE IT WHEN THEIR PLANS BACKFIRE: Media Feverish About Trump’s Covid-19 Briefings. ENEMIES OF THE PEOPLE: The Media’s Hatred Of Trump Is Endangering Lives: The news media’s disdain for Trump has always led to reporting that is misleading, but during …
by quantize_me How many Americans do you think are currently infected with SARS-CoV-2? How many Americans do you think will die? Write your answers down, this isn’t China, no bullshitting. Trump’s estimation of 200,000 deaths with a peak in mid-April …
by howmuch Congress and President Trump are responding to the coronavirus pandemic by pumping over $2T of stimulus into the economy. The government is sending checks to workers, guaranteeing loans to small businesses and propping up the airlines. And all of this …
BUREAUCRACY KILLS: America Could Import Countless More Face Masks if Federal Regulators Would Get Out of the Way: Markets are trying to meet spiking demand for face masks, but importers are stymied by the FDA and CDC. The FDA and CDC …
Money manager Michael Pento has long warned the global financial system was “not sustainable or viable” because of record debt creation. Pento has also long said, “This was the biggest debt bubble in history, and it is going to pop …
by Shaun Richards As so often we find ourselves returning to the topic of the banks as they are at the heart of the financial system. They are the group which most exemplify the dictum if you want to enrich …
Check IRS.gov for the latest information: No action needed by most people at this time IR-2020-61, March 30, 2020 WASHINGTON — The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in …