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https://twitter.com/fchaumac_chau/status/1321855953617276928 Forbearance trailing off pic.twitter.com/sqLhB7leV8 — Win Smart, CFA (@WinfieldSmart) October 30, 2020 194 corporate defaults globally YTD (as of 10/21), led by the usual suspects: Oil & Gas, Consumer and Media/Entertainment. https://t.co/xOCHd88BXU pic.twitter.com/mfsMFiAXR8 — Win Smart, CFA (@WinfieldSmart) October 30, 2020
https://www.bea.gov/news/2020/gross-domestic-product-third-quarter-2020-advance-estimate From BEA website: Current‑dollar GDP increased 38.0 percent, or $1.64 trillion, in the third quarter to a level of $21.16 trillion. In the second quarter, GDP decreased 32.8 percent, or $2.04 trillion (tables 1 and 3). The price index for gross domestic purchases increased 3.4 percent in the third quarter, in contrast to a … Read more
Many areas in the Northeast turned into winter wonderlands as snowfall blanketed much of the region today: https://t.co/w9hgZjBlKw pic.twitter.com/yNLHy2VN3K — AccuWeather (@accuweather) October 30, 2020
The spate of “one if by land two if by air” jokes that made the rounds right after was excellent https://t.co/vZlhZII8rd — Dow (@mark_dow) October 30, 2020
Countries in lockdown: – Germany (starts next week)– France– Belgium– Czech Republic– Ireland– UK: Northern Ireland and Wales — Win Smart, CFA (@WinfieldSmart) October 30, 2020 Look at France pic.twitter.com/yCYcDiz6q3 — Win Smart, CFA (@WinfieldSmart) October 29, 2020 SAN FRANCISCO TO PAUSE REOPENINGS PLANNED TO BEGIN TUESDAY — *Walter Bloomberg (@DeItaone) October 30, 2020
by Adam Taggart Jim Rogers is not only one of the most successful investors of our era, he’s also an avid scholar of history. Seeing that the world is buried under an unprecedented mountain of debt that is requiring more and more central planner intervention to keep from imploding on itself, Jim says history is … Read more
NEW study from me: I tallied the numbers and found CNN, MSNBC spent 94 mins on Miles Taylor coming out as ‘Anonymous,’ but have yet to spend a single second on #Tucker's Bobulinski interview. https://t.co/gXTXJ5v9h7 — Curtis Houck (@CurtisHouck) October 30, 2020 https://tweetsave.com/curtishouck/status/1322015010047119362 https://nitter.net/CurtisHouck/status/1322015010047119362 Our media will spin a disaster scenario over the coming days. … Read more
Chelsea Handler made headlines for slamming her ex-boyfriend 50 cent for his public support for the president, saying “I had to remind him that he was a Black person.” Campus Reform spoke to young minority college students who have chosen to back the President, despite backlash, to hear why they choose to support him. Comedian … Read more
https://www.cnbc.com/2020/10/29/apple-q4-cash-hoard-heres-how-much-apple-has-on-hand.html Apple now has $191.83 billion cash on hand, according to the company’s fiscal fourth-quarter earnings report released Thursday. Google and Amazon had $121.08 billion and $71.77 billion, respectively, at the end of the second quarter, according to FactSet. Microsoft had $137.98 billion at the end of its fiscal first quarter, according to FactSet. Microsoft’s … Read more
by David Brady via Sprott Money There may be some repetition in what I am going to say today with regard to the medium and long term prospects for precious metals and miners, but given recent events in the very short term, it looks like we are close to turning the corner in metals and miners. Simply put, … Read more
via GoldCore Gold has begun a new bull market and is set to continue to trend higher over the coming years. In today’s video update we look at the 3 key trends which will ultimately drive gold higher.
Kids today: 4 in 10 call Constitution ‘outdated,’ OK with silencing speech. Among the key findings in the survey of college undergraduates conducted by McLaughlin & Associates for the program: Thirty-six percent believe the Constitution is outdated, while 52% call it “important.” A year ago, 63% called the founding document important. While support for the First Amendment … Read more
by Jim Rickards via Daily Reckoning Investors have been hearing for years that “interest rates are near all-time lows,” and “rates have nowhere to go but up,” and finally, that “the bond bear market is right around the corner.” These warnings have come from notable bond gurus including Bill Gross, Jeff Gundlach and PIMCO’s Chief Investment Officer Dan … Read more
by John Ward The truly astonishing opinion encapsulated below was expressed in an article at The Times website by James Forsyth this morning. Before I get into the meat of its flawed asumptions (and odd attempt to present democracy and liberty as interchangeable) let me just say that, on paper, Forsyth represents the cream of the crop: schooled at … Read more
Disappointing. @RealDonaldTrump, the Senate, and millions of Americans move heaven and earth to quickly get Justice Barrett onto the Supreme Court and she declines to participate in two major emergency election integrity cases (NC and Pennsylvania)? — Tom Fitton (@TomFitton) October 29, 2020
Epic escalation! A Chinese Community Party newspaper said Chinese warplanes “must fly over the island of Taiwan” and warned that Taiwanese government retaliation “means war.” An article by Hu Xijin, the combative editor-in-chief of Chinese state newspaper Global Times, came after yet another round of potential U.S. arms sales to Taiwan was announced by the … Read more
