Why Assets Will Crash

by Charles Hugh-Smith This is how it happens that boats that were once worth tens of thousands of dollars are set adrift by owners who can no longer afford to pay slip fees. The increasing concentration of the ownership of …

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First wave: Job losses… Second wave: Bankruptcies

https://twitter.com/RemiGMI/status/1256883933687558144 Doing some quick checking on valuations (using #Fridays close) versus S&P's 4/30/20 estimates. Two conclusions:1) Estimates have not been revised down nearly enough2) Market remains exceptionally overvalued considering what's coming on the data front. pic.twitter.com/vTEoeNgZw6 — Lance Roberts (@LanceRoberts) …

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GLD, Stagflation, and You

by Sten_Duncan2 Now, there is a reason that commercial advertisements for gold target demographics that we will generously call “unsophisticated”. Gold is perfect for short term thinkers/investors because doesn’t actually grow in the long term the way equities or bonds …

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“In a solvency crisis, companies can’t survive no matter how much they can borrow: they need more revenue. The Fed can’t solve that.” —Greg Ip, @WSJ

Drowning in a sea of liquidity. “In a solvency crisis, companies can’t survive no matter how much they can borrow: they need more revenue. The Fed can’t solve that.”—Greg Ip, @WSJ https://t.co/QehaXr9wdC — Daniel Lacalle (@dlacalle_IA) May 2, 2020 Is …

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Dividend Cuts and Suspensions – Week of April 26, 2020

by AlwaysHavingFun2020 DATE ticker name comment 05-01 $WY Weyerhaeuser Company suspend thx u/invalidTypecast 05-01 $DNKN Dunkin’ Brands Group, Inc. suspend thx u/nhairnuattoa7 04-30 $RDS-A Royal Dutch Shell plc reduce $0.47->$0.16 thx u/speacial_s 04-30 $WDC Western Digital Corporation suspend thx u/infidel129 04-28 $HOG Harley-Davidson, Inc. reduce …

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This isn’t a Credit Cycle. This is a Systemic Cycle. They pushed it Too Far. Beyond the Breaking Point. Now the Systemic Collapse has Commenced. There is No Stopping it. From here, Annihilation.

This isn’t a Credit Cycle. This is a Systemic Cycle. They pushed it Too Far. Beyond the Breaking Point. Now the Systemic Collapse has Commenced. There is No Stopping it. From here, Annihilation. On the Other Side, we can Rebuild …

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A Crisis Unlike Anything We Have Ever Seen. Economic Collapse Stimulus Can’t Fix

Why We Don’t Know Which Businesses Are Getting COVID-19 Aid | Time https://time.com/5829594/business-coronavirus-relief/ New York City’s subway system may turn to the Federal Reserve for a loan https://www.cnbc.com/2020/04/30/new-york-citys-subway-system-may-turn-to-the-federal-reserve-for-a-loan.html U.S. Mortgage Rates Tumble to a Record Low https://finance.yahoo.com/news/u-mortgage-rates-tumble-record-140000589.html 196abc7f6da78cd819517b9fc9eda647 (1200×675) https://s.yimg.com/ny/api/res/1.2/W9eO4yPDL0EtqAdgWnNUNQ–~A/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9MTIwMDtoPTY3NQ–/https://media.zenfs.com/en/bloomberg_markets_842/196abc7f6da78cd819517b9fc9eda647 …

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Deflationary Spiral Incoming

by Reduntu Cliffs: Anecdotal evidence suggests wages are starting to decline. Wages never decline — people and employers prefer layoffs. Employees are unwilling to take pay cuts, and employers don’t want to destroy morale. Wages didn’t even decline in the …

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The case for shorting Intel.

by ilikepancakez While Intel has had a great run over the past decade, I believe we’ve reached an inflection point. They’ve already had to start laying off employees: https://investorplace.com/2020/01/intel-layoffs-2020-things-to-know/ With AMD breathing down their back, Intel is lowering prices on their …

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Sell in May and go away? Medium- and long-term VIX futures have risen over the past month, indicating that investors expect markets to remain volatile despite April’s dramatic rally.

Sell in May and go away pic.twitter.com/YxhFIU1jJx — Win Smart, CFA (@WinfieldSmart) May 1, 2020 Medium- and long-term VIX futures have risen over the past month, indicating that investors expect markets to remain volatile despite April's dramatic rally. — Win …

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