Trump is moving closer to signing a disaster declaration under the Stafford Act, sources tell us, freeing up resources to respond to the Coronavirus outbreak. A signing could come as soon as today. — Jim Acosta (@Acosta) March 12, 2020 …
by bigbear0083 After another 15 minute trading halt a little after the open, markets opened down over -9% when trading resumed; but have now bounced off those extreme lows just a bit as of now. The S&P 500 …
by David Haggith The bear roared today, ripping the ears off everyone, as the Dow and Russel 2000 both landed more than 20% below their last peak. Their 19-session rampage landed a record as the, steepest, fastest downhill bear run in …
by howmuch The United States of America could be called the United States of Debt: recent data shows that Americans on average owe a total of over $51,000. Compare this to a gross domestic product per capita of $58,388 and it’s no surprise that …
by jessefelder Every day I go through all of the insider buying and selling filed with the SEC the day before. (InsideArbitrage.com and OpenInsider.com are my two favorite sources for this information.) It’s mainly a way for me to try to find good …
#BREAKING: (@AP) — #Congress shutting US Capitol, House and Senate office buildings to public until April 1 in reaction to #coronavirus. https://t.co/6Evwth49Ho — CBSNBayArea (@CBSNBayArea) March 12, 2020 All public Pentagon tours have been cancelled until further notice @wusa9 https://t.co/Cr1VqQYhxJ …
He stopped flights from China in Feb. https://www.nytimes.com/2020/02/01/world/asia/china-coronavirus-us-australia.html https://www.foxnews.com/travel/airlines-us-coronavirus-outbreak-travelers-china The virus is spreading exponentially. Norway had a +300% increase in cases yesterday alone. Italy is in a 100% lock down. Denmark, Sweden, Norway, Ireland have all closed schools, universities, and …
by The Phoenix The world is facing two crises. The first, coronavirus, is manufactured, the second, a credit implosion, is very real. The coronavirus panic was 100% made up and manufactured by the media. Globally 100,000 people have been infected and …
Coronavirus transmission in NYC could last until September, official says Transmission of the coronavirus could last in the city until September, the Big Apple’s health czar said Monday. “September may be the end of transmission,” although that’s just the “best guess,” said …
by GoldCore ◆ Gold prices rose by 0.6% today as the Bank of England slashed rates in an emergency move to 0.25% and the ECB looks set to follow as it warned of a 2008 style crisis overnight. ◆ The …
by PutCallParrot Puts and Calls A put is the right, but not the obligation, to sell an asset for a specific price. The asset the put holder has a right to sell is called the “underlying.” The price at which the put option …
by The Phoenix The markets are bouncing hard in the overnight session. The Trump administration announced last night that they are planning a number of fiscal measures to prop up the economy. Those include a payroll tax, loans to companies that …
by Shaun Richards Yesterday was quite something with the extraordinary oil price decline topped off by a more than 2000 point fall in the Dow Jones Industrial Average in the United States. I know that it is an outdated and …
The CCP’s Guidelines for Coronavirus Information Control When the novel coronavirus began to spread in China in December 2019, instead of taking proper measures to contain the virus and protect the people, each province quickly issued guidelines for control of …
by Chris Martenson In our flood of emails was one that claimed to have access to Trump. So on the very small chance that’s accurate, and even smaller chance that anything might happen even if it were true, I took 5 …
by David Haggith Today was the greatest crash in Wall Street history by one measure, and took down many other milestones. The Dow plunged 2,012 points in its largest single-session drop on record! Percentage-wise it was down 7.8%, which still knocked out decades …
If in 2008 subprime mortage loans blown up the world, more and more shale oil debt might blow up the current banking sector in US. — GregTheAnalyst (@Analyst_G) March 10, 2020 Coronavirus Exposes Danger of Corporate America’s Debt Binge: Bloomberg …
by John Mauldin The Federal Reserve cut rates last week, after President Trump tweeted that he wanted a “big” interest-rate cut “to make up for China’s coronavirus situation and slowdown.” Bond traders see more cuts coming. Maybe so, but the problem …
by GoldCore Gold in USD, GBP and EUR before, during & five years after Lehman ◆ “Coronavirus may be more destructive than the Lehman crisis” and “recession is imminent” warns Ambrose Evans-Pritchard in the Telegraph ◆ The outbreak has triggered a collision of unstable …
Payments on mortgages will be suspended across the whole of Italy after the coronavirus outbreak, according to Italy’s deputy economy minister. pic.twitter.com/uto4LZAWgT — Guido Fawkes (@GuidoFawkes) March 10, 2020 Coronavirus: Italy suspends mortgage payments amid lockdown(independent.co.uk) Payments on mortgages …
https://www.youtube.com/watch?v=aL9zVbgV_Bw The US economy has been slowing down and economists are predicting that a major economic collapse is coming. In a recent interview, Guggenheim’s Global CIO Scott Minerd said that the cognitive dissonance in the stock market is stunning as …
Mark Zandi of Moody’s joins “Squawk on the Street” to discuss the likelihood of a recession amid the market sell-off and concerns over coronavirus and an oil price war. This is our most important canary and it's very, very …
Another domino falling. Chinese stocks just broke down from a 4-year support. China is on the verge of a banking a currency crisis. We haven’t seen anything yet. pic.twitter.com/rOBHhliCAW — Otavio (Tavi) Costa (@TaviCosta) March 9, 2020 CBOE SENIOR TRADING …
by UPFINA If this was a normal economic slowdown for cyclical reasons, there would be much more focus on the Fed as it would be trying to save the economy from a recession similar to its actions in 2019 during that …
by PJExpat I live in Korea and I have been heavily impacted by the coronavirus. No, I’m not sick, and even if I do 100% of my care will be free. I’ve always heard of emergency funds, and so forth. …
by gibzmedatgoy Tucker Carlson went out on a major limb and interviewed the aggressive anti-Semite and freedom fighting hero, former Pink Floyd frontman Roger Waters on the persecution of Julian Assange by the US Justice Department. Roger Waters is a …
by CornCuLapte https://www.who.int/news-room/q-a-detail/q-a-coronaviruses The second point, the one that was removed, advising against the use of traditional, herbal medicine is still visible if you set the page to other languages (except Chinese, of course) (Although, it appears that for people …
by sundance In November of 2019 buried deep in the congressional budget Continuing Resolution (CR) was a short-term extension to reauthorize the FISA “business records provision”, the “roving wiretap” provision, the “lone wolf” provision, and the more controversial bulk metadata provisions [Call Detail …
Brief History of that other economic designed crash of 1929 BBC documentary On October 29, 1929, Black Tuesday hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of …
Filmmaker, book author and renowned radio host Steve Quayle says, “So, now we are seeing an economic morass, upheaval and tumult. The best term to describe that is convulsion economics, or another word I made up, ‘convulsinomics.’ When someone goes …