by cmbscredit This article is from Trepp, which is an industry analytics company used by most Wall Street trading desks, and reveals troubling stats in securitized CMBS deals.. The amount of loans that were late, but not yet considered 30 …
by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: A little surprisingly for Bloomberg News, John Authers notes today that the gold price shows that stock market gains since 1971 are an inflationary illusion. His analysis is …
By Nick Cunningham of Oilprice.com: Oil and gas production in the United States has peaked and is already in decline. The latest data from the EIA’s Drilling Productivity Report sees widespread production declines across all major shale basins in the country. The Permian …
by Jared Dillian It is very, very hard to be short human ingenuity. For example—when you buy commodities, you are betting, partially, that people will be incompetent at producing or obtaining them. Occasionally this happens, but not for very long. …
by Charles Hugh-Smith The price of a great many assets will crash, out of proportion to the decline in demand. Oil is the poster child of the forces driving massive deflation: overcapacity / oversupply and a collapse in demand. Overcapacity / …
by rdtrdy – 50% back up rally is ripe for taking profits and panicky limiting of losses – Bounced down off the 280+ level twice, last Thursday end of day and again this morning – April 15th was the Roth …
By Wolf Richter for WOLF STREET. Retail sales in March were a doozie. As I pointed out with data on daily sales of new and used vehicles, early March was strong, as consumers were trying to front-run store closures. But then around March 12 …
https://twitter.com/FerroTV/status/1250551269728694272 Couldn’t agree more with @elerianm that Markets and economists are still too upbeat on coronavirus. No more putting your money in an index fund and forgetting about it. We are in a new era where asset prices will diverge …
https://twitter.com/realwillmeade/status/1250573354727243778 It took one month of volatility to Annihilate any remaining semblance of Fed Credibility and independence. — Paranoid Bull (@paranoidbull) April 16, 2020 https://twitter.com/realwillmeade/status/1250466974435618816 Federal Reserve has encouraged moral hazard on a grand scale.Chair Powell has gone from preaching …
https://twitter.com/yuriymatso/status/1250548778093776896 How much is this people going long specific names and hedging the beta? https://t.co/0PC0e8kYyl — Robin Wigglesworth (@RobinWigg) April 15, 2020 At today's high, the S&P 500 got within ~16% of the most extreme valuations in U.S. history. I …
by PropagandaDebunker Jan 12th – At this stage, there is no infection among healthcare workers, and no clear evidence of human to human transmission. Jan 31st – In their official statement declaring the emergency, the WHO stressed that they are not recommending “any …
by onfallen Figured out something interesting; let’s discuss. Assumptions: US GDP will fall by X percentage this year GDP 2019 is $21.73 Trillion Total market cap is $28.48 Trillion Buffett indicator = market cap / gdp Scenarios: X – Buffett …
by Daisy Luther It seems like lately, all the news is bad news and every day we’re losing more autonomy over our lives. 2020 has been “interesting” so far, to put it mildly. When the world seems so completely out …
by Egon von Greyerz Most people don’t understand the cause of hyperinflation. Many argue that we can’t get hyperinflation since asset prices are now under pressure and there is no demand led inflation as most people currently have very little …
Listen to the full episode Demetri Kofinas speaks with Leland Miller, CEO of China Beige Book, which runs the largest private Chinese data collection operation in the world, about the state of China’s economy in the wake of COVID-19. The …
CNN published a report Monday from the Chinese People’s Liberation Army (PLA) about how the country’s Navy is reportedly doing a much better job containing the novel coronavirus than its American counterparts. The report came from China’s English PLA website, CNN noted. The network wrote …
by DarkRiver https://streamable.com/xxt253 This is ridiculous. Never in the history of the US has the press been so disrespectful to the president. In any other context in any other situation in life she would be kicked out. Dr. Anthony Fauci …
by Michael Snyder COVID-19 has turned all of our lives upside down, and most people are quite eager for a return to normalcy. But as you will see below, fear of the coronavirus is going to prevent the vast majority …
by thekingoftherodeo For everyone wondering why JPM had a big EPS miss (& you’re going to see this with every bank btw); its because of a little doozy FASB pitched to the industry called Current Expected Credit Losses or CECL. …
MiningStockEducation.com, Released on 4/14/20 David McAlvany has served as CEO of the McAlvany Financial Group since 2008. Portfolio management began with Morgan Stanley during the 2000 and 2001 tech crisis where he avoided major losses and benefited clients from the …
by Badatu 9,991 layoffs: YMCA 1,498 layoffs: Cinemark 1,463 layoffs: Hy-Vee 1,354 layoffs: Punch Bowl Social 1,328 layoffs: Trans States Airlines 506 layoffs: Take 5 Oil Change 407 layoffs: Paper Source 395 layoffs: Cisco More details: YMCA submitted 19 WARN …
inancial Survival Network, Released on 4/14/20 JP Morgan has stopped making business loans and they’ve tightened up their mortgage lending standards to at least a 700 credit score and 20 percent down. No doubt other banks will follow. It’s reminiscent …
Markets Have Not Hit the ‘Absolute Bottom’ Yet, Says Mark Mobius “I don’t think we’re at the absolute bottom yet because the implications of this shutdown are incredible,” Mark Mobius, the founding partner of Mobius Capital Partners, said. He added …
Going to tweet out some of damn fine charts from Bank of America. First up, the economic outlook has never been this uncertain before. By a big margin. pic.twitter.com/WHW6jZN8Ev — Robin Wigglesworth (@RobinWigg) April 14, 2020 THIS IS MY SHOCKED …
by Amy S. The Global Elite Secret Plans For The Next Financial Crisis I stated in this article that an “imminent disaster.US stock markets”, and that “people seem to have forgotten one central and critical point. Most people seem to …
by Fwellimort Has anyone spent the time to what the S&P500 is actually constituted of as of today. First of all, we all know mass un-employment is occurring and people working in local restaurants and all are screwed. But, just …
https://twitter.com/QUIX_MASTERMIND/status/1249873427088973825 Does a 50% retracement mean a bad event has to be over? The S&P 500 peaked in Oct 2007, dropped to March 2008 low, rallied hard into May and retraced over 50% of the A to B move. Was …
via silverdoctors SD Outlook: Things are not getting better on Main Street. They’re getting worse… The MSM is once again sending mixed messages to start the week. For example, here’s Bloomberg: Oh. How lovely. The US has stabilized. Take that headline …
by Michael Snyder It is really hard to “shelter-in-place” when you don’t have a home at all. Prior to this pandemic, there were more than half a million homeless individuals in this country, and now that the economy is utterly collapsing that number …
Further action needed. Monetary/fiscal stimulus aren’t nearly enough to quell the losses in asset prices and the shortage of dollars worldwide. It’s the beginning of a recession, not the end. The S&P 500-to-Gold ratio is still above 1929 peak levels. …