by Patrick Watson The novel coronavirus is destroying human lives: almost 170,000 worldwide as I write this, including 40,000+ in the United States. These aren’t just numbers. They were people who were loved. Now they are gone. Next to that, …
by Jeff Marcus The S&P500 has rallied 28% since the close on 3/23. Many are scratching their heads as this has occurred simultaneously with the largest jump in unemployed ever and the economy of the U.S basically shut down for about …
‘Scary Time’ for American Middle Class as Office Jobs Disappear The new year arrived with a new job for Tyler Simon, who had high hopes for 2020. They didn’t last long. “Once Covid-19 hit, things went from bad to worse …
by UPFINA It’s almost impossible to overstate the impact COVID-19 is having on the labor market. Virtually every job has been impacted. Some people (think professional business) are actually working longer hours from home if they have a job that allows …
by thirtydelta Unless something has changed, ETFs are required to be legally separate from the company, and assets are held by a third party custodian. In theory, the ETF should be mostly unaffected. From ProShare’s documentation. If an ETF sponsor goes …
By Irina Slav After U.S. crude oil fell into negative territory yesterday, one expert has warned that the oil industry crisis could force many companies to stop operating. U.S. oil companies have different production costs and different debt burdens, and …
Danielle DiMartino Booth interviewed by Dunagun Kaiser on Reluctant Preppers Former advisor to the Federal Reserve, founder of Quill Intelligence, and author of, “Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America,” Danielle DiMartino Booth, returns to Liberty and …
https://twitter.com/NorthmanTrader/status/1252646856334684160 European banks never bounced, now revisit March lows. Trouble is- difficulty to raise capital at these levels compounded by exposure to energy sector, notably for Natixis, plus billions out to S'pore oil trader fraud posted ystdy. Only one domino …
https://twitter.com/MarixonOng/status/1252581690095988742 https://twitter.com/hks55/status/1252645216340893696 The USO ETF controls nearly a third of the main oil-futures contract, as traders fear it too will fall into negative territory https://t.co/8QHwKgmDoc via @WSJ — M/1_LP (@MI_Investments) April 21, 2020 USO news: All this means is that …
by QuaintSofaChallenge Unless you’ve been living under a rock you saw oil today. People smarter than me like my husband’s boyfriend tried to explain that the crash for oil was limited to WTI was for contracts for this month. That …
by ASoftEngStudent On this week’s edition of DDDD (Data-Driven DD; yes this is what I’m going to be calling this), we’ll be looking at Deutsche Bank. Once one of the largest banks in the world, it’s now a shell of …
by Jeff Clark There are a few times in an investor’s life where, as Jim Rogers once put it, you see a pile of money sitting in a corner and you can go pick it up. In other words, an investment …
by The Phoenix Let’s talk about what just happened with Oil prices. Yesterday, Oil dropped to -$40 per barrel. That is not a typo. Oil was priced at NEGATIVE $40. On Friday, it was priced at $27 per barrel. How is this …
by Amy S. The Banks are in trouble because people are defaulting on their loans. If people aren’t earning as much money as they were when they were working, especially small businesses, they’re not paying their loans. So, the banks …
by SpontaneousDisorder This is an explanation why the Feds recent actions are illegal. Its from John Hussman’s new post which also talks about the spread of SARS-COV-2 and stock market valuations and internals. Both the Federal Reserve Act and the …
by Michael Snyder For better or worse, COVID-19 has become the most important political issue of the 2020 election. And it is very unfortunate that this pandemic has erupted in an election year, because for many of our politicians finger …
by Michael Snyder The insanity that we are currently witnessing in the financial markets is difficult to believe. Personally, even though I operate a website called “The Economic Collapse Blog” and I write about these things every day, when someone told me …
by The Phoenix The financial system is now completely addicted to Fed interventions. As I’ve noted over the last month, the Fed has implemented monetary programs to buy just about every asset class. As a brief refresher, the Fed is now …
by Kimble Charting Does history repeat exactly? No. Sometimes it rhymes big-times!!! This chart looks at the S&P 500 over the past 25-years on a weekly basis. During the 50% bear markets of 2000-2003 and 2007-2009, the S&P started quality counter-trend …
by codeslingingslave TLDR; There is a massive shift to E-commerce under way across all demographics, and especially under boomers and older people who have resisted online buying. With the spread of the virus, these demographics are shifting to online buying, …
by Martin Armstrong Neiman Marcus Group is preparing to seek bankruptcy according to Reuters. I have warned that brick & motor stores are in trouble and this lockdown will ensure that people will not be returning to malls and restaurants as …
by Neat-Wolf Behold, the beginning of the end, including both private and public companies: True Religion 4/13 XFL 4/13 Frontier communication 4/15 Longview power plant 4/14 Vaps 4/5 LSC communications 4/13 USC Gymnastics and Baseball attaining Center 3/3 White Petroleum …
by laxmolnar No BS or Filler, just knowledge as too many are giving out bad knowledge on the gas industry from my 25 year old perspective. Read this through for my thoughts or just review the bullet points as they’re …
by Michael Snyder Based on how Americans are handling the coronavirus lockdowns, it is hard to be optimistic about what will happen when a really severe crisis hits us. Yes, this pandemic is definitely a great tragedy. There are more …
“I don’t think we’ll have a long-lasting Great Depression…. But we may have a different kind of a mess. All this money-printing may start bothering us.” By Wolf Richter for WOLF STREET. There is something refreshing during these insane times when a guy …
by Michael Snyder This economic downturn is turning out to be far deeper and far more severe than most experts were originally anticipating. More than 22 million Americans have filed claims for unemployment benefits, and economists are telling us that the …
by zen4ever99 There are many post here, which logically makes sense i.e to buy puts or have a negative view on the markets. Shorting stocks or index in a time of unresolved COVID issue seems a no brainer. Airlines, hotels, cruiselines, …
by ricenbeats Look at this goddamn chart: https://imgur.com/gallery/scPTvaH Strong indicator that there is about to be a big drawn down of value among the top five. But given the circumstances, how will it play out the next ten years? What will …
by random20190826 After a cliff-diving that saw markets in the US lose 35% in 5 weeks–and then gain 30% in 4 weeks (recovering about 60% of the losses). Interest rates being driven to 0%, infinite QE, etc… in the midst …
by 35nakedshorts This is a curated list of the best short ideas published across the web. I boil them down into easily digestible blurbs, summarized below. I plan to do this as a weekly series. Unfortunately automod is quite strict …