Credit didn't even blink at Fed. New lows already. pic.twitter.com/K91nUbyNec — Graham Summers, MBA (@gsummersmba) March 23, 2020 https://twitter.com/NorthmanTrader/status/1242116721785409542 Fed is in SERIOUS trouble now. Market didn't even bounce on unlimited QE + expanding into corporate and muni debt. WOW …
Unemployment could reach 30% in the U.S., says St. Louis Fed’s Bullard Published: March 22, 2020 at 6:52 p.m. ET ‘This is a planned, organized partial shutdown of the U.S. economy in the second quarter. The overall goal is to …
I REMEMBER WHEN JAKE TAPPER AT LEAST PRETENDED TO BE NEUTRAL: TAKING SIDES: CNN’s Jake Tapper under fire after admitting he didn’t fact-check AOC on Trump-coronavirus claim. #JOURNALISM: h/t GR
by Kerry Lutz Financial Survival Network Dear Readers, As usual, the American Taxpayer is getting the short end of the bail-out stick. Since we’re already running trillion-plus deficits, the taxpayer won’t be directly picking up the tab for the latest …
by Amy S. Nouriel Roubini predicted the 2008 mortgage crisis meltdown, and in September of 2006 was laughed at to his face by an audience of economists from the International Monetary Fund. The same thing happened to Peter Schiff when he …
https://youtu.be/3K3fy5eKeuM For weeks now China has been in lockdown because of the new coronavirus. Journalist Sebastien Le Belzic who works in Beijing has been living in quarantine at home with his family. China is taking drastic measures in a bid …
by Geoffrey Grider America is being pulled into a fit a hysteria and panic, and conducting a bipartisan massive overreaction which will in no wise end well. How’s this for irony? All of the things that we warned you about during the …
Jobless Rate May Soar to 30%… BARRACK: Commercial Mortgages on Brink of Collapse… (Bloomberg) — Real estate billionaire Tom Barrack said the U.S. commercial-mortgage market is on the brink of collapse and predicted a “domino effect” of catastrophic economic consequences …
Financial and precious metals expert Egon von Greyerz (EvG) operates the largest private gold vault in the world in Switzerland. EvG contends, “They have managed to maintain totally false markets with no real price discovery, certainly since 2009, by just …
by mivvan Look at the following timeline and just imagine: What if there was no impeachment? What if the U.S. attention wasn’t completely diverted at a critical time. Could the U.S. have passed laws that were made impossible by impeachment …
by Winter_Addition IMF expects the global shock from coronavirus to be significantly worse than the 2008 recession U.S. economy deteriorating faster than anticipated as 80 million Americans are forced to stay at home. In the United States, an average …
by bingo_bango_zongo I found this doc on 1929 to be a useful retrospective https://www.youtube.com/watch?v=FAZjlxWNszw Unsurprisingly there’s a lot of parallels to our current situation. An era of new technologies, purchased on credit by workers whose wages remain unchanged. An ever …
Is the U.S. #Stimulus deal enough? Let’s call it a solid start at $2+ trillion & I’m hearing another $1 trn gets added in a couple of weeks’ with @wolfblitzer tonight #CoronavirusOutbreak pic.twitter.com/hK50hDvqhr — Julia Chatterley (@chattwithjulia) March 22, 2020 Getting …
Last time Government intervened it didn't stop market fall pic.twitter.com/7UMJGSLs65 — Win Smart, CFA (@WinfieldSmart) March 21, 2020 Prime money market funds experiencing significant outflows pic.twitter.com/b9MJebav3W — Win Smart, CFA (@WinfieldSmart) March 21, 2020 BBB alarm pic.twitter.com/p9xZs6P9ms — Win Smart, …
by Lance Roberts “If you own 10% equities, as we do, and the market falls 100%, you will lose 10%. That said, you have 90 cents on the dollar to buy equities for free.” – Michael Lebowitz Let me explain his …
Nearly one billion people confined to homes globally to curb virus Close to one billion people worldwide were confined to their homes on Saturday as the global coronavirus death toll shot past 11,000 and US states rolled out lockdown measures …
by sundance In response to potential health risks; and anticipating multiple agency aspects of the U.S. government would need a unified approach; President Trump has assembled a unified task force to coordinate all response efforts across the totality of government. [White …
by Kek Chinese collusion 2020
via townhall And yet, have you noticed there hasn’t been much from Democrats on this front. It didn’t dawn on me until two things happened. I read the Huffington Post (yes, you should read what the libs are digesting) and saw …
by SpontaneousDisorder This is interesting because a lot of what were considered the safest bonds to hold had negative yields. Conventional assumption would be in a panic to safety those yields would get pushed down further as people buy the …
Gunna be a wild week as support has been breached. pic.twitter.com/TXn42fTcWp — The Great Martis (@great_martis) March 21, 2020 🤔Waiting for a final Whiplash if ´87 model is on track @TradersCom @EconGlobal @AlessioUrban @MI_Investments @SpeculaThor @bocajoes @trading24h @LordPolemos @ARCDEPOT @Rafael60980545 …
by Wayne Allyn Root All my life, four titles have best described me: Conservative, Libertarian, Capitalist and Contrarian. Keeping those in mind, I have great questions and doubts about what roads have been chosen to combat Coronavirus. I think it’s our …
Truck Drivers / Trucking companies often find out things before anybody else, especially in an emergency situation that we are in because without truck drivers everything stops and we see and learn a lot across the country and at shippers …
HARSH, BUT FAIR: Related: Also: And: You want less criticism? Stop being such garbage. Every time China kicks out some of their fellow journalists the White House press corp responds by attacking Trump using China’s preferred narrative to ingratiate themselves with …
by Michael Snyder Just a few weeks ago everything seemed completely normal to most people, but now fear of the coronavirus has caused U.S. stock prices to absolutely implode. The stock market crash of 2020 will forever be mentioned alongside …
by Michael Snyder It seems like just yesterday that I was warning that the same sort of lockdowns that were occurring in Italy and China would soon be instituted here, and now it is actually happening. As you will see …
by The Phoenix The coronavirus has burst the Everything Bubble. Regardless of what happens with the economy or the virus, the damage has been done to the massive debt bubble. Across the board, credit and debt markets have ended their …
by cinemagical414 Every financial crisis is exactly the same. Investors figure out a fun new way to make money, lever up their investments, convince dumber investors and businesses to buy in, lever up some more, spread the risk around the …
by UPFINA Economic activity is at a standstill. We must rely principally on alternative data to measure this because of how quickly the collapse in activity has occurred. An example of this is the number of riders on the NYC subway. …
via mercurynews As the United States gradually shuts down in a bid to slow the spread of the coronavirus, the trucking and tire industry is appealing to the government to allow gas stations, rest stops, and repair facilities to remain open …