by Michael Snyder Approximately ten million Americans have filed new claims for unemployment benefits over the past two weeks. To put that in perspective, the all-time record for a single week before this coronavirus pandemic hit was just 695,000. So needless …
by TaxationIsTh3ft I work high up at a company still considered an SME, however pretty large. Just had a discussion with my boss. No longer going to be applying for the stimulus loan… WTF. Why? I inquire. So our …
VIDEO: Pelosi Claims She Knew About Coronavirus Threat, Defends Prioritizing Impeachment THIS WILL END WELL: Pelosi: We’re launching a “bipartisan” select committee to oversee coronavirus response — not investigate it. “Even if Pelosi is sincere at the moment, Schiff and Jerrold …
Markets Now At Tipping Point Investors now need to make a decision; stay in the roller coaster or get out? Mortgage Lenders Bracing for the Biggest Wave of Delinquencies in History “This is an unprecedented event,” said Susan Wachter, professor …
Brace for Coronavirus Fallout to Take Stocks to New Lows Wilmington Trust’s Meghan Shue warns investors will see two grim quarters of losses — not just one. The firm’s head of investment strategy believes market losses will continue to pile …
The whole world is going through very difficult economic times. Supply chains are being disrupted and the global economic collapse spreading all around the world. The United States has the largest economy in the world but also it has not …
By John Mauldin The Federal Reserve is buying mortgage-backed securities with the best of intentions. But there are unintended consequences. Last week, I had a truly horrifying phone call with good friend and real estate expert, Barry Habib. He knows …
By Tom Kool Oil prices exploded on Thursday morning after US President Trump tweeted that he spoke with Saudi Crown Prince Mohammed bin Salman about a potentially ‘huge’ output cut. According to Trump, the production cut from Saudi Arabia and Russia could …
by Shaun Richards Today’s topic is one that I hoped never to have to write. If we look back to the last century then mass unemployment scarred the economic landscape on several occasions and particularly so in the Great Depression. …
By John Mauldin With all its recent activities, the Federal Reserve’s balance sheet has exploded to $5 trillion-plus. My friend Peter Boockvar thinks assets could easily reach $10 trillion, and problems will develop when they try to wind it down. I’m not so sure …
by The Phoenix The single most important chart in the world right now is investment grade credit spreads. The Fed has announced it will buy investment grade corporate debt for the first time in history. The Fed also announced that it will be …
2020 may be the first year of falling global GDP since WWII. Wow … that’s an impressive historical statistics. And it was only the final years of WWII/aftermath where output fell. @capitaleconomics via @SoberLook pic.twitter.com/25gjD23BKc — Adam Tooze (@adam_tooze) April …
Maybe David is right. The cure for the GFC is beginning to look like it was worse than the disease. The difference between then and now is that the leverage is buried deeper and much of the lending has moved …
by KimchiCuresEbola If there’s demand… I’ll do a part two on equity factors and how to use factors to decide what companies to buy options for. Commodity Term Structure Basics Mr. FuzzyBlankeet, Esq. touched upon futures in his last post, so I’m …
by Michael Snyder More than 1,000 Americans died from the coronavirus on Wednesday. As you will see below, that now makes COVID-19 the third leading cause of death in the United States on a daily basis. Unfortunately, the number of …
by Michael Snyder In all of U.S. history, we have never seen a spike in unemployment like we are witnessing right now. Last Thursday it was announced that more than 3.2 million Americans had filed new claims for unemployment benefits …
by quantize_me How many Americans do you think are currently infected with SARS-CoV-2? How many Americans do you think will die? Write your answers down, this isn’t China, no bullshitting. Trump’s estimation of 200,000 deaths with a peak in mid-April …
https://t.co/fTBrCbIy1N — Invariant Perspective (@InvariantPersp1) April 1, 2020 The market should be more worried about a ‘second wave’ of coronavirus cases, JPMorgan says https://twitter.com/GregMannarino/status/1245428169772945408 Stocks never bottomed near peak consumer confidence. Period. pic.twitter.com/kFoR6t6t7N — Otavio (Tavi) Costa (@TaviCosta) April 1, …
by badpizzaisstillgood $975 per week and 10 million people currently filed for unemployment = approx $42 billion per month assuming nobody else files for unemployment that going to cost $168 billion over a 4 month period, the budget is $250 …
by howmuch Congress and President Trump are responding to the coronavirus pandemic by pumping over $2T of stimulus into the economy. The government is sending checks to workers, guaranteeing loans to small businesses and propping up the airlines. And all of this …
by Egon von Greyerz Whoever doesn’t learn to dance in the rain will struggle to survive the virtually non-stop storms that the world will experience in the next few years. The abrupt downturn in the global economy, triggered but not …
by Frank Holmes, CEO, U.S. Global Investors U.S. companies have never had so much debt on their books as they do now. As of the fourth quarter of 2019, non-financial firms owed some $9.6 trillion in outstanding debt, a figure …
The extended collateral damage to the US and global economy will soon become better understood, and the… by Chris Vermeulen of The Technical Traders As the world reacts to the global economic slowdown because of the COVID-19 virus event and the massive stimulus …
This is really bearish, investors net BOUGHT STOCKS all the way down.https://t.co/R2BAEZXgDN — Jim Bianco (@biancoresearch) April 1, 2020 https://twitter.com/GreekFire23/status/1245328830182678528 $WLL BK Chapter 11 >>Whiting Petroleum Corp. Reaches Agreement in Principle with Certain of Its Noteholders to Pursue Consensual Financial …
Money manager Michael Pento has long warned the global financial system was “not sustainable or viable” because of record debt creation. Pento has also long said, “This was the biggest debt bubble in history, and it is going to pop …
by Shaun Richards As so often we find ourselves returning to the topic of the banks as they are at the heart of the financial system. They are the group which most exemplify the dictum if you want to enrich …
by WSBConsensus Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.
by arzt506 Check this out: https://preview.redd.it/9n087j9y95q41.png?width=1005&format=png&auto=webp&s=5f3d7eadebb16a16665d4fdf00214a7106ed7675 Assuming we continue down here, would be hard to pick a more perfect place for a reversal of this dead cat. Bounced straight off the weekly 200 MA AND the .382 fib of the …
by 1st_Amendment_EndRun SEC extends deadline to provide certain disclosures, such as earnings, by 45 days, so MarketWatch asked all 30 Dow components their plans. The Securities and Exchange Commission will allow companies to delay reporting earnings, if needed, but that …
by Hanz-Wermhat Long time lurker first time (non-shit post) poster, felt I would give back some knowledge I have learned recently on how you can use VIX to see how retarded your PUT positions are. VIX is calculated using the pricing …