Tucker Carlson calls out Sen. Richard Burr for selling stock when he learned how devastating coronavirus would be: “There is no greater moral crime than betraying your country in a time of crisis.” pic.twitter.com/K4Fc5kmMDK — Daily Caller (@DailyCaller) March 20, …
Yes you read that right. https://twitter.com/michaelsderby/status/1240805923389669377?s=21 😬 "Americans will need to stay home for at least several weeks" https://t.co/DhcK4sHust — M/1_LP (@MI_Investments) March 20, 2020 Upcoming job losses will be unlike anything the US has ever seen The coronavirus crisis …
Remember the same yield curve that predicted dot com crash, Lehman Collapse, predicted Covid19 Also the same curve keeps saying. The pain in the economy has just begun… with or without Central Banks… Lift the curve up to ~4 and …
by Michael Snyder One of the great mysteries of this coronavirus pandemic has been the widely varying death rates that we have been witnessing all over the globe. For example, the death rate in Italy has been many times higher …
by The Phoenix The Everything Bubble has burst. The next crisis, the BIG one to which 2008 was the warmup, is fast approaching. During the 2008 crisis, the Fed did three things: Cut interest rates to zero making credit all but …
by peckx063 Stage 1: Denial. It’s just the flu. Most people don’t get sick. If you’re not old you’ll be fine. It’s media hype. It’s attacking Trump. Don’t look at your 401k for 6 months. Now is an excellent time …
by Xayde26 I’m sure, at this point, you’re familiar w/ the term Quantitative Easing and what it means. The Fed, as of last night, reopened the Primary Dealer Credit Facility. This facility takes in commercial paper and other interest rate …
by Fabius Maximus Summary: The stock market has become the next casualty of the COVID-19 pandemic, down 30% since February 19. If the epidemic grows much worse, the market might become a fatality. There is a simple solution: close the market. …
by Lance Roberts I have been slammed with emails over the last couple of days asking the following questions: “What just happened to my bonds?” “What happened to my gold position, shouldn’t it be going up?” “Why are all my …
https://twitter.com/BradCabana/status/1240505658799083521 Yes, these are scary times. But that doesn't mean you should head to the bank, drain your accounts and put your cash under your mattress. https://t.co/NQ6k5EfUo6 — CNN (@CNN) March 19, 2020 MAYBE IT REALLY IS THE END TIMES: Stunned CNN Offers …
Photo by Flickr.com | CC BY | Photoshopped From Birch Gold Group Do you remember the 2-year / 10-year yield curve? You know, the one the Fed swept under the rug in 2018? The one that officially inverted last year? Well, that same yield curve inversion preceded every major …
by Geoffrey Grider In the history of Facebook, there have been four major redesigns. The latest one, FB5, otherwise known as The New Facebook, might be the most dramatic of them all. It’s a total shift in how Facebook looks …
by jessefelder I recently made the distinction here, with a little help from Ben Graham, between investing and speculating. Over the past decade, markets have become overrun with speculators while investors have become an endangered species. “Price-insensitive buying,” as it has …
by sundance National Economic Council (NEC) Director Larry Kudlow held an impromptu press conference to describe what sectors of the U.S. economy may need direct financial assistance to bridge revenue gaps from mandated government policy. The stock market is not the …
So as best I can tell this morning we now have: – A pandemic crisis– A supply chain crisis– A demand crisis– A labor market crisis– An equity market crisis– An oil price crisis– A brewing bond market crisis– A …
by senor_tiburon The bailout the fed is offering considering won’t be enough. And they’re not giving money to consumers directly, so consumers won’t be able to deal with their rising debt. Bear gang chiming in here with some sexy DD to remind …
by AC Good evening. If you are tagged in this you are family, or very close to my family. I hope that you will take my words to heart and listen. I have been in healthcare all my life, and …
by Peter Schiff of Peter Schiff Podcast Fed finally did what I’ve been saying they would for years: cut rates to zero with the biggest point cut in history. Powell afraid to call it QE. There are no atheists in foxholes; there are …
Australia is facing a critical shortage of test kits and health authorities are urging people to avoid “panic testing”. The Australian Medical Association yesterday warned that the horse has bolted. The country has one of the highest testing rates in …
by Matt from Silver Fortune via Silver Fortune Start thinking long term…
by mart1373 I’m sure this will get buried among the many posts today, but it bears repeating: short-term fluctuations in the stock market are short-term. The fact that the market is down right now does not affect your long-term investment outlook, …
by UPFINA Let’s start with what is driving the economy and markets: COVID-19. We suggest you visit https://www.worldometers.info/coronavirus/ to find the latest updates on the number of cases and deaths from the new coronavirus because whatever we write here will be stale quickly. …
by The Phoenix Someone or someones are in MAJOR trouble. Back in September 2019, the Fed announced it would begin implementing a number of repurchase “repo” programs. If you’re unfamiliar with repo programs, these are programs through which the Fed allows …
See new Tweets Conversation Kristen Mosbrucker @k_mosbrucker Wow. Amazon limits shipping of anything other than household staples and medical supplies Wow. Amazon limits shipping of anything other than household staples and medical supplies https://t.co/VgRN4Dw1Wo — Kristen Mosbrucker-Garza (@k_mosbrucker) March 17, …
by Ambrosius Theophilus In a week to two weeks time, when all the business have been forced to close down; when kids have been home from school without any recourse to daycare; when nobody ventures outside due to fear and uncertainty; …
by bld2527 The whole world is shut down. US has 50% of jobs at risk. https://www.cnn.com/2020/03/16/economy/job-losses-coronavirus/index.html When the job changes in the coming week are counted it could show a loss of as many as 1 million jobs, according to Kevin Hassett, …
Message from YouTube: “IMPORTANT: Due to COVID-19, we will conduct fewer human reviews to protect the health of our extended workforce. Unfortunately, as a result we may remove content that does not violate our Community Guidelines” AC
https://www.youtube.com/watch?v=awShK3CfSu8 For the last 3 years, economists and investors have been predicting that an economic collapse is imminent. Recently, their predictions have come true and right now, we have the biggest stock market crash since the Great Depression. The market …
ANALYSIS: TRUE. We Are in This Crisis because of the Decisions of the Chinese Government. As a country, we’ve got our hands full right now. But while we’re sitting in various forms of self-quarantine, we — and a lot of other …
The eeriness of the whole situation may leave permanent marks on consumers and business-decision makers. By Wolf Richter for WOLF STREET: OK, this is it. The big moment. We the 6.7 million people in six San Francisco Bay Area counties have been ordered …