Breaking news, updates, and reports on current events.
MIKE GONZALEZ: Why Fomenting Identity Politics Matters More to Democrats than Asian Americans. California’s legislature is trying, yet again, to bring back racial preferences in college admissions. Never mind that its residents overwhelmingly approved a ban against such discrimination in a referendum. If lawmakers succeed, they will penalize Chinese Americans, a growing force in the … Read more
by charvo There are no sure things. I definitely wouldn’t be shorting the SPY unless VIX was rising. Dow Jones today vs. Dow Jones in 1929 Great Depression
As BofA Global Research put it this morning: "Hoping that either fundamentals will improve at record speed, or that they simply don't matter is a real risk, given markets' inability to decouple from recessions in the last 90 years." — Lisa Abramowicz (@lisaabramowicz1) May 27, 2020 pic.twitter.com/KjmW8mQgSG — M/1_LP (@MI_Investments) May 27, 2020 S&P tested … Read more
🇺🇸🇨🇳 The U.S. is considering a range of sanctions to punish China for its crackdown on Hong Kong, such as freezing assets of Chinese officials and businesses. https://t.co/IfTCIyN6aW pic.twitter.com/raziQbanfV — Bloomberg Markets (@markets) May 27, 2020
Watch the latest video at foxnews.com via foxbusiness: A prolonged shutdown of the U.S. economy could trigger a second Great Depression, according to St. Louis Federal Reserve Bank President James Bullard, who said the nation needs to adapt to the new risk in the era of the coronavirus pandemic. “What you’re risking here is that this morphs into … Read more
by pp0787
This is it. It’s happening. https://t.co/pi1rsDiVF2 — Otavio (Tavi) Costa (@TaviCosta) May 27, 2020 Oops! Yuan drop steepens amid speculation #China is allowing depreciation in new cold war between US and the middle kingdom. https://t.co/bdmgUHvugC HT @OlafGersemann pic.twitter.com/e4INkVwGHA — Holger Zschaepitz (@Schuldensuehner) May 27, 2020 China industrial profits in April show that the recovery is … Read more
by reddit_user456 Saw this article from Matt Levine’s newsletter today: https://www.bloomberg.com/news/articles/2020-05-22/options-are-now-all-the-rage-for-bored-day-traders-locked-inside?sref=1kJVNqnU Boredom Markets Hypothesis is this idea that: people will do more trading (1) if trading is entertaining and (2) if other things are less entertaining The article above discusses the phenomenon that, because of free time from self-isolation and limited form of alternative entertainment, retail … Read more
Fresh liquidity injection… Just crashing economy in a longer term but bought a moment. Nice one. https://t.co/KxF8oyd7Oh — GregTheAnalyst (@Analyst_G) May 27, 2020 A dead-end road. Since August 2019: – US public debt rose by $3.3T– Fed printed $3.3T– Government Debt to GDP surged to 120% Buy gold. pic.twitter.com/TgE5g6dcBB — Otavio (Tavi) Costa (@TaviCosta) May … Read more
The night is most bullish just before the dawn — mikeo188 (@mikeo188) May 27, 2020 Frightening Chart: FOMO Futures vs. day time reality https://t.co/jUa9ufOXB6 — Keith McCullough (@KeithMcCullough) May 27, 2020
Commiefornia – what do you expect? That’s worse than what the Chinese did. AC
The city of New Orleans has seen a surge in coronavirus cases, quickly straining hospital staff and resources that were not ready for the spike. However, the precautions put in place to slow the virus’ spread have inadvertently led to a new problem: with no food littering alleyways from people visiting the city’s many restaurants, … Read more
Laughing & Defending……..just what I expected from them. AC
by Buzzcheeze YES – THATS RIGHT – Obama kicked out ALL the RUSSIAN DIPLOMATS OUT OF THE UNITED STATES on Dec 29 2016 In order to “FORCE” — MIKE FLYNN to SPEAK TO THE RUSSIAN AMBASSADOR BY PHONE (wire tapped) REGARDING THIS RADICAL and ILLEGAL ACT BY OBAMA! For the SOLE PURPOSE OF FRAMING GENERAL FLYNN. … Read more
Everyone should watch as this is going to be the next hottest subject in the news. Knowledge is power. Our favorite Munchkin, Jerry Nadler, on mail-in votes. “Jerry Nadler, 2004: “Paper Ballots Are Extremely Susceptible to Fraud” https://www.c-span.org/video/?c4877821/user-clip-jerry-nadler-2004-paper-ballots-extremely-susceptible-fraud h/t MARsSPEED
Experts say the uncharacteristic aggression in the rats and the Coronavirus pandemic are related. According to affiliates of Today’s Five, An MTA worker was attacked by a pack of around 30 rats over Memorial Day Weekend. Ryan Fischer, 35, has been an engineer and safety inspector for the MTA for over 10 years. Fischer reports the … Read more
by codyisthebestboi I live in one of the top 10 most affected states and our coronavirus stats are continuing to rise. Despite this, just about everybody I know has either abandoned every social distance measure in place or was never following them to begin with. My friends, my family, my husbands family (although they were … Read more
(CBS Local) — “No mask, No service” signs are popping up at all kinds of businesses as the country begins to slowly reopen after the coronavirus pandemic shutdown that began in March. Some retail chains, like Costco Wholesale, have already started to require masks for all customers and employees. The move follows a flood of videos on social … Read more
https://twitter.com/MarkDice/status/1265494719116836864 Republicans feel that Social Media Platforms totally silence conservatives voices. We will strongly regulate, or close them down, before we can ever allow this to happen. We saw what they attempted to do, and failed, in 2016. We can’t let a more sophisticated version of that…. — Donald J. Trump (@realDonaldTrump) May 27, 2020 … Read more
