DEUTSCHE: “.. behavioral changes are the reason why we will not get a V-shaped recovery, and there is not much fiscal policy can do about it.”#covid19 pic.twitter.com/siGZGyTKYO — Carl Quintanilla (@carlquintanilla) April 5, 2020 Many emerging economies are losing reserves …
by bruceisright https://youtu.be/j3nrBanbbaw Singapore was one of the success cases for dealing with the virus without shutting down the economy. Now they are forced to go into lockdown. They had excellent contact tracing, many people were wearing masks, it worked …
by Kaltani TDLR; Oil is going to lead our decline and accelerate it. Other signs are showing a push to increase consumer and commercial debt loads as a way to weather this situation. The only new addition to oil discussions …
by UPFINA The March Challenger job cut announcements report is supposed to be a leading indicator for the labor market since announcements occur before actions. The report showed there were 222,288 new job cut announcements which was up from February’s 56,660. …
Okay I’m sure this is probably completely above board, but it’s giving me chills…Any thoughts? Convention Center field hospital gets thousands of beds There will also be a new 250-patient facility across the street from the convention center for people …
Goldman sachs did a survey of it’s institutional investors. They said 50% of institutional investors think the lows haven’t been hit… think about that. Other datapoints: 98% of Goldman Sachs employees are working from home In February, 37% of investors …
by NoPantsNoCare The CFO of Zoom (ZM) appears to get a 11,067 shares of stock per month and sells them immediately, leaving her/him with 0 shares in the company. 10/18/19 Kelly Steckelberg CFO Sell 11,067 $65.60 TOTAL: $725,995.20 — Remaining: …
Many state pensions were already on life support and now they face a $1 trillion shortfall due to the markets.https://t.co/kRUhUzFQBT — John Tuld (@BradHuston) April 5, 2020 For years, the country’s public pension plans have faced a yawning gap between …
“There are 15,905 people currently hospitalized. Cuomo said two-thirds of hospitalized patients have been discharged, and the total number of hospitalizations dipped yesterday.” The numbers in New York are bad, but don’t seem to be going as predicted. Related: If this …
by llenders97 We have approximately 60 employees This is what we are doing/did: Implemented across the board salary cuts Negotiated extension with vendors in terms for AP Immediately applied for all government assistance as well as additional lines of credit …
Markets experience a junk tsunami: The pace of rating downgrades has materially accelerated over the past few weeks. Amount outstanding of newly minted fallen angel bonds has jumped to $149bn in Q1 2020, a higher amount than the previous peak …
Hard truths that no one wants to hear right now: 1. Life is never going back to “normal”. 2. 90%+ of humanity will catch the virus sooner or later. No one has immunity. We are just slowing down the rate …
by Lance Roberts In last week’s discussion, we stated the “bear market” was not yet complete. This was despite the “market rally,” which convinced the media the “bull market was back.” While it was indeed a sharp “reflex rally,” and expected, “bear markets” are not resolved in a single month. Most …
by jok178 Thur/Friday Brent jumped from 22 to 30.5 thanks to Trumps tweets about fixing the crisis with an OPEC meeting. Here is what we know: -Oil supply is expected to beat demand by 30mbd (million barrels per day) in …
https://twitter.com/sendtomatteo261/status/1246187290906570752 Liquidity matters, even in the crisis! S&P 500 has dropped >2% this week in tandem w/ global money supply. pic.twitter.com/tZAQa6Zl5z — Holger Zschaepitz (@Schuldensuehner) April 4, 2020 Severe Recession May Cause Additional Pain For Stock Market Investors Details and …
by HowGreatAreYourDanes Mortgage Servicing Crisis – Chapter 2 – Forbearances I submitted a post last week summarizing some issues in the mortgage industry. It was a long article from Barry Habib with some insight/conclusions. I’m writing this to add to …
by hanudu Someone took advantage of the pop in the stock and paid $0.44 for 631 of the June 2022 $5 strike puts The stock is trading around 500. Risking $0.44 to make $4.56, so getting more than than 10 …
Number of “fallen angels” has risen as rating & subsequent downgrade activity has picked up; & in @MoodysInvSvc worst-case scenario, default rate could spike above 20% (past GFC levels) @Reuters @SPGlobal pic.twitter.com/6d39olHH0W — Liz Ann Sonders (@LizAnnSonders) April 3, 2020 …
via MN Gordon “The bank is something more than men, I tell you. It’s the monster. Men made it, but they can’t control it.” – John Steinbeck, The Grapes of Wrath Mass Dollar Debasement The monster of all monsters is rampaging far …
By Josh Owens As the world continues to grapple with the fallout from the coronavirus crisis, some of the largest oil producers in the world are coming together with the potential of a joint global oil output cut. (Click to …
Just announced. Target will follow their lead. Walmart to limit number of customers in their stores to "roughly 20 percent of a store's capacity" "Once a store reaches its capacity, customers will be admitted inside on a '1-out-1-in' basis" Company …
by JackThoma5 A lot of you bought puts when SPY was near the bottom of the downtrend which was $218. Volatility was at it’s highest so they were expensive…and now you’re getting screwed so you’re like fuck this and selling …
The World Bank many not have a deep enough piggy bank to back the extended risks of an Asian economic contraction… by Chris Vermeulen of The Technical Traders Thinking somewhat far off into the future, our researchers believe China/Asia could become the next …
Dr Anthony Fauci says the US is ‘not even at half-time’ in the fight against coronavirus in interview with Duke basketball head coach, who calls him ‘America’s point guard’ Dr Anthony Fauci, of the National Institutes of Health, appeared on …
by Tom McClellan The past 3 weeks have seen a huge surge in the bearish percentage among the investment advisors and newsletter writers in the Investors Intelligence survey. Often these data are shown as the spread between the bulls and the …
by John Mauldin I don’t think anyone believes we will go to back to anything like January 2020 normalcy anytime soon. We have no idea, even if restaurants and everything open, what shopping patterns will look like. Are we learning to …
https://twitter.com/NorthmanTrader/status/1246029553803427842 Welcome to the depression https://t.co/4PHYLNpiuw — Alastair (@StockBoardAsset) April 3, 2020 Portfolio leverage as a multiple of assets in risk parity funds, estimated – @SoberLook @WSJ pic.twitter.com/VRtNxiMEFv — Rob Hager (@Rob_Hager) April 3, 2020 Bloomberg: Mortgage Defaults Could Pile …
The commodities-to-equity ratio is at a 50-year low. One of our core positions still is: Long gold & short stocks. Oil and energy stocks have big asymmetric upside here and makes sense as part of the long mix. pic.twitter.com/gITtzbxcRM — …
by MasterCookSwag So I don’t normally post these because I think most people are following it to begin with but with the influx of new posters I figured I’d throw it up. A few key things I thought were interesting. …
by AloneForever Some of you might be as perplexed as I am as to why the markets didn’t fall farther, and why we saw that recent huge rally. I was holding some puts in anticipation of a bigger drop, and …