CNBC, Released on 4/13/20 Mohamed El-Erian, Allianz chief economic advisor, joins ‘Squawk Box’ to discuss the state of the U.S. economy and how investors are watching the stock market. Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational …
by: Stefan Gleason “All of the projection models were wrong. All of them,” admitted New York Governor Andrew Cuomo in an interview last week with MSNBC. Governor Cuomo had been issuing frantic demands for tens of thousands of ventilators… that turned …
by focusedddd A few house keeping things, first, im going to oversimplify a lot here to keep this as short as possible, if you have questions, feel free to ask. Second, so you know im a certified autist I studied Financial …
by Dave Kranzler of Investment Research Dynamics The CME/LBMA latest paper derivative product – the Accumulated Certificate of Exchange aka “4GC” – is failing. Badly. After its introduction last week there has been zero trade activity in the contract: 4GC Settlement data. The contract …
by kiwidrew Here’s an updated chart of the daily COVID-19 testing situation in the United States. For the past week, the total number of tests completed has stalled at a level of around 150,000 per day level, and the number …
Another sudden and unexpected factor will transform this year’s elections. Many states, cities and counties are about to, suddenly, run out of money. Wages won’t be paid. Services won’t be delivered. Institutions will shut down abruptly. Many state colleges may …
by Michael Snyder As millions upon millions of Americans lose their jobs in the greatest wave of unemployment in U.S. history, the Federal Reserve has decided that now is the time to spend trillions of newly created dollars in a …
#recession … #Global $USD #Liquidity #Squeeze edition As #GFC2 gathers force, prepare for a massive wave of #default and #bankruptcy… 👇 https://t.co/7xJ9Otkpfs — Invariant Perspective (@InvariantPersp1) April 13, 2020 The New Normal Depression: First time in World History jobless people …
Just math. Global stocks lost about $20T in value so far. The real damage, including all other assets, is probably closer to $50T. Add a $13T dollar shortage problem globally. You think $6T of money printing & broke governments will …
from Washington State: OIC is also receiving early food shipments previously reserved for May and June. Last week, Barbosa said the food bank saw about 100 more people than usual in a day. Food banks also need protective equipment. Barbosa …
by Ski_g So I’m no analyst. But I found something pretty interesting. As RSI and y=Mx+b Then I looked at the finobsccicieidieidiei line and yeah. It’s decided. I realized that we’re set for an Enron shaped recovery. If you look …
by udinknowme The central theses of the posts are that the IHME model is trash (it is), that the U.S. hasn’t implemented the social distancing seen in Italy, Spain, and Wuhan (it hasn’t), and that other models are predicting much …
by melotopia Over the last 20 years we have noticed interest rates have been much lower than the previous 20 years, reaching new lows after each cycle. Accommodative monetary policies have become the standard tool to jumpstart economies after each downturn. …
by SwimCamel I was listening to some late-night financial talk last night per my oil guy Erik Townsend and my Vyvanse prescription decided to give you fuckers a write-up. So put down the crayons, wipe that drool off your chin, …
by Chris Vermeulen of The Technical Traders In this section of our multi-part research post centered around our Adaptive Fibonacci Price Modeling system’s expectations, we are focusing on the NQ (NASDAQ futures) and the future expected price rotations. As we discussed earlier, in Part …
by perfectentry1 Most market participants are completely unaware of the dangers of stock buy back programs, which have been all the rage since around 2011 and the injection of Fed Liquidity into the markets. Stock buy backs have no tangible …
#recession … #StockMarketCrash2020 edition#SPX #SPX500 $SPY #DJIA #NASDAQ100 $QQQ #Earnings 📉 https://t.co/I6BnWOesri — Invariant Perspective (@InvariantPersp1) April 11, 2020 The global economy is already contracting, and is losing steam faster than in the early days of the financial crisis https://t.co/HNdUsy6v9L …
Trickling down to an economy near you pic.twitter.com/tZZb9vEwJl — Francis Marchegiano (@Revelator_1) April 11, 2020 https://twitter.com/NorthmanTrader/status/1248880682346205191 How much would it take to backstop every food bank in the country? Instead of buying food for the hungry, junk bonds are being …
As we well know by now, by the time the Fed finally took action to intervening and stop the economic collapse , it was already too late. It isn’t in the Fed’s interest to really cease this crash, it’s actually …
by ASoftEngStudent What Happened? There’s been so much news these past few months, especially in March, that it’s easy to lose track of everything that’s going on. Let’s take a step back and look at what happened the past month …
by tdogger88 Now more than ever, banks, hedge funds, fudge packers, brokers, you name it, is leveraged beyond belief. All of them are autists buying everything they can on margin to make bank bro, and they don’t want to hold …
by TSPninja You’ve seen it said before, “the data isn’t in yet”. There is actually a lot more truth behind this than many think. Savvy investors do not make major sell moves without having data supporting indicators of a pending …
Small business layoffs jump 1,000% in March Layoffs at small business spiked 1,021% in March, compared to the month before, according to payroll provider Gusto. April is expected to be much worse with economists forecasting unemployment at as much as …
Lines stretching for miles of cars at a standstill are becoming a common sight in cities across the country, but it’s not rush hour traffic. Tens of thousands of families are waiting in line at local food banks, as demand …
Bloomberg, Released on 4/9/20 Mohamed El-Erian, chief economic adviser at Allianz, says the Federal Reserve’s latest wave of stimulus shows that central banks around the world are “all in” when it comes to combating the economic fallout of the coronavirus …
via silverdoctors It’s not easy when people can’t see that President Trump is a Deep State Globalist in Patriot’s Clothing. Sometimes I wish I could just be a sheep. But such is life, and that I’m not. And so, well, once …
by yolo2death For those retards that have been here since 2018, you’ll recall that I called for a V shape rebound in the December China growth scare sell off. I’m usually a big fat bull (see flair), but I …
by NomBok You are probably wondering why the stock market has had any rallies at all, let alone ones this big, considering how bad things are looking. And obviously no one can tell exactly where the market should/shouldn’t be. Nothing …
WSJ Editorial Board: Fed "putting Wall St. ahead of companies across middle America." "Fed is protecting Wall St first." "Employing political discretion&picking winners & losers." Thought 2008 bailouts were bad? This looks to be worse. Fed's outta control https://t.co/z629cqoVQm — …