by Battletoad101 For the bears, information taken from the link. Context: The IRS is being relied upon to process 500 billion dollars ASAP. In 2001, the IRS needed more than six weeks to issue the first rebates authorized by President …
by lanismycousin KO makes much of it’s money from selling it’s sodas to restaurants, amusement parks, sports/concert venues, movie theaters, vending machines, airports/airlines, cruises, etc. With the stay in place orders, forced restaurant/venues closures, and lowered foot traffic out there …
Overnight I caught this….. That is not a glitch and you are reading that right.. a negative rate Treasury bond! Later on it did go up slightly into the positive View post on imgur.com https://www.cnbc.com/quotes/?symbol=US1M Regardless it went negative and …
The idiots just keep piling up. It is totally healthy that the markets gave up 4 years of growth in 1 month. 200 of the S&P 500 companies cannot pay interest on their debt. BUY BUY BUY — AR-John (@johnwieber) …
by coffee-trader Today is pure optimism and the reaction to good news (or what looks like good news). Fiscal stimulus is anything but certain by tomorrow, FED is doing unlimited QE, and Trump thinks the US can open up by …
by swaggymedia Every time market has limited-down fed comes out with some bogus news conference trying to pump the market. The stimulus package was never meant to come out early this week, they are waiting until end of week after …
by ObservationalHumor So just another oil update here. Things seem to be coming to a head quickly as major oil refiners like Exxon are opting to reduce refinery output. This might prove problematic for Saudi Arabia’s strategy of flooding the market …
by Vi0lentByt3 Barely a week into the unofficial self quarantine and papa J has already wasted one of the FEDs most powerful tools, literally just buying every fucking bond they can. It was said here before, the Federal gov is …
75% of small businesses cannot last a month with zero revenues. The median cash buffer is 27 days. This is why we need serious supply measures to allow businesses to survive a mandatory shutdown. pic.twitter.com/XpeQPi2sK4 — Daniel Lacalle (@dlacalle_IA) March …
by cefpodoxime FT China economic activity index https://ig.ft.com/autograph/graphics/china-economic-activity-indicator.svg?frame=webM FT China subindices https://ig.ft.com/autograph/graphics/china-economic-activity-indicator-subindices.svg?frame=webL Shanghai composite stock index stood at 3115 on Jan 13 before China shutdown. Then it fell to a short term bottom of 2746 on Feb 3, recovered to 3071 on …
by kolt54321 Here’s some common sense – if actual events aren’t priced in, how can future events be? Is Hilton’s closing all around the country and laying off thousands of workers “priced in” for it to go up today? Is …
How do we know when we have not reached the bottom? When the talking heads on CNBC are buying. — Scott Minerd (@ScottMinerd) March 23, 2020 "Stay invested. The champagne economy will come back." – Managing Partner, Portfolio Manager/Equity Analyst, …
Credit didn't even blink at Fed. New lows already. pic.twitter.com/K91nUbyNec — Graham Summers, MBA (@gsummersmba) March 23, 2020 https://twitter.com/NorthmanTrader/status/1242116721785409542 Fed is in SERIOUS trouble now. Market didn't even bounce on unlimited QE + expanding into corporate and muni debt. WOW …
Looks like Powell's "Whatever It Takes" move this morning is failing Phase 1 clinical trials. — John Tuld (@BradHuston) March 23, 2020 Global consumer spending collapsed 100% in a matter of weeks pic.twitter.com/qJ0QL79mjJ — Daniel Lacalle (@dlacalle_IA) March 23, 2020 …
Unemployment could reach 30% in the U.S., says St. Louis Fed’s Bullard Published: March 22, 2020 at 6:52 p.m. ET ‘This is a planned, organized partial shutdown of the U.S. economy in the second quarter. The overall goal is to …
by Amy S. Nouriel Roubini predicted the 2008 mortgage crisis meltdown, and in September of 2006 was laughed at to his face by an audience of economists from the International Monetary Fund. The same thing happened to Peter Schiff when he …
by David Haggith As the carnage continues with stocks now ignoring anything the Fed throws at them — and the Fed has pretty well thrown everything it has used in the past and is now moving into bailout mode — …
by nckw90 TL;DR: $SBUX 4/17 $50p, $SBUX 5/15 $40p Last post: [DD] $SBUX is gonna sink! Hello autists, on Saturday 3/21 I went out with my fellow retard and did some investigation on Starbucks in Toronto, Ontario, Canada. We pretended …
by bingo_bango_zongo I found this doc on 1929 to be a useful retrospective https://www.youtube.com/watch?v=FAZjlxWNszw Unsurprisingly there’s a lot of parallels to our current situation. An era of new technologies, purchased on credit by workers whose wages remain unchanged. An ever …
by techinvestor The U.S. Food and Drug Administration issues the first emergency use authorization for a point-of-care Covid-19 diagnostic for the Cepheid Xpert Xpress SARS-CoV 2 test. Cepheid is part of Danaher (NYSE:DHR). The test will provide results within hours, rather …
by DonkStonx Hello fellow retards. One externality of a shut down economy is the possible increase in homes on the market, new home building slump, and the possibility of a housing crisis. I wanted to make a thread to discuss …
Is the U.S. #Stimulus deal enough? Let’s call it a solid start at $2+ trillion & I’m hearing another $1 trn gets added in a couple of weeks’ with @wolfblitzer tonight #CoronavirusOutbreak pic.twitter.com/hK50hDvqhr — Julia Chatterley (@chattwithjulia) March 22, 2020 Getting …
by Jburd6523 Your 11 year bull market that thrived on low interest rates, and low unemployment encouraged a lot of big dick financial risk taking behavior by large corporations who similar to us kept saying “Can’t go tits up.” This …
Last time Government intervened it didn't stop market fall pic.twitter.com/7UMJGSLs65 — Win Smart, CFA (@WinfieldSmart) March 21, 2020 Prime money market funds experiencing significant outflows pic.twitter.com/b9MJebav3W — Win Smart, CFA (@WinfieldSmart) March 21, 2020 BBB alarm pic.twitter.com/p9xZs6P9ms — Win Smart, …
by Lance Roberts “If you own 10% equities, as we do, and the market falls 100%, you will lose 10%. That said, you have 90 cents on the dollar to buy equities for free.” – Michael Lebowitz Let me explain his …
Gunna be a wild week as support has been breached. pic.twitter.com/TXn42fTcWp — The Great Martis (@great_martis) March 21, 2020 🤔Waiting for a final Whiplash if ´87 model is on track @TradersCom @EconGlobal @AlessioUrban @MI_Investments @SpeculaThor @bocajoes @trading24h @LordPolemos @ARCDEPOT @Rafael60980545 …
by The Phoenix The coronavirus has burst the Everything Bubble. Regardless of what happens with the economy or the virus, the damage has been done to the massive debt bubble. Across the board, credit and debt markets have ended their …
Gerald Celente: "IT'S GOING TO LEAD INTO THE 'GREATEST DEPRESSION' IF MEASURES AREN'T TAKEN TO TURN IT AROUND" https://t.co/UqmhPYjlSI pic.twitter.com/nu6KU109rG — Gerald Celente (@geraldcelente) March 20, 2020