Breaking news, updates, and reports on current events.
Double top. Growth to value ratio surging again. Only 1.3% away from the level reached at very peak of the tech bubble. This is not market bottom behavior.Quite the opposite. pic.twitter.com/5lSSCEA7f2 — Otavio (Tavi) Costa (@TaviCosta) May 6, 2020 No bounces whatsoever. Venture capital barometer continues to drag lower. The VC bubble already burst way … Read more
via NYT: Largely confined to their homes and worried about the spread of the coronavirus and its risks to their own health or that of loved ones, a segment of the United States has turned informant, calling the police, public health authorities and the employers of people they believe are violating social-distancing decrees or stay-at-home … Read more
(WWJ) Because of a nearly $350 million budget shortage, Detroit Mayor Mike Duggan suspended anti-blight programs across the city, and delivered the grim news that entertainment — including Detroit’s cash cow casinos — may not fully reopen for months. “It costs us $600,000 a day, I haven’t complained about it a single time because the health … Read more
by jessefelder It was almost exactly 2 years ago that I wrote, “BANG: Why The Gold Miners Could Soon Make FANG Look Tame.” At the time, I argued that the major gold mining stocks (Barrick, Agnico Eagle, Newmont and Goldcorp) were undervalued and poised for a strong rally, especially compared to the FANGs (Facebook, Amazon, … Read more
Join Mike Maloney as he takes an x-ray machine and a scalpel to the budget books of the US Government. In this Special Report you’ll get an in-depth look at why Mike believes the USA has painted itself into a corner without any thought of how to get out. What are the ramifications? As Mike … Read more
Should fund managers hedge against another crash? The black swan debate is on… https://t.co/uFMljU2Dxp via @markets — Sam Potter (@SamJPotter) May 6, 2020 The biggest shock in modern market history made black swan insurance the hottest trade of the year. It was only a matter of time before the naysayers showed up. As stock turmoil … Read more
by mfunkman Though I wouldn’t discount the possibility that it will break out on some gay fake news pump and suddenly the technicals will look bullish. Honestly not sure why the market hasn’t really reacted to what looks like another trade war flare up. There is absolutely no reason whatsoever to be buying here and … Read more
by midgaze UNITED STATES OF INFECTION
Norwegian Air will sell new shares at a 79% discount to the latest traded price on the Oslo Bourse, the budget carrier said on Tuesday as it seeks to boost its equity in order to qualify for Norway’s government aid package. Shareholders on Monday approved a plan to convert nearly $1 billion of debt into equity and raise up … Read more
OMG. Can no one help this poor guy? Word choice is important during interviews. https://t.co/GNHw5xLpqk — Lance Roberts (@LanceRoberts) May 6, 2020
via wallstreetonparade Most Americans likely assume that Jerome Powell, the Chairman of the Federal Reserve, is an economist, like the prior chairs of the Fed over the past 40 years. He’s not. Powell is a former investment banker at the Wall Street firm, Dillon Read; a former partner at the controversial private equity and leveraged buyout … Read more
by Chris Vermeulen of The Technical Traders Recently, we received a number of email messages and comments regarding our recent Bitcoin article and how we attempted to explain the market trend/technical analysis. It appears we were not making our interpretation very clear for our friends and followers. This article should help to clear up our interpretation of the major market … Read more
by Egon von Greyerz Egon von Greyerz interviewed by As Good As Gold Australia With global hyperinflation looming Egon discusses the ramifications of governments’ ongoing debasement of currencies around the world. When financial institutions, bond markets, and derivatives markets come under pressure, the current struggles in the global economy will look insignificant. We’ve seen this happening … Read more
What would the media say if Barack Obama were president during the Coronavirus Pandemic and handled it the same way as @realDonaldTrump? WATCH #TheFive pic.twitter.com/28EPmnKFp8 — Jesse Watters (@JesseBWatters) May 4, 2020 Thats easy… Wow thanks to Obama only 60,000+ died when we predicted millions…. AC
Gold Silver (w/ Mike Maloney), Released on 5/5/20 Join Mike for his latest update as he explores the possibility of the current crisis turning towards war, the coming inflation and disruption in the food sector, and an announcement Mike’s next Special Report on the Federal Reserve’s antics. Michael Maloney is a precious metals investment expert and … Read more
NEW: Barack Obama privately blasted a congressional investigation into Joe Biden and alleged Ukrainian election interference, calling it an effort to boost "Russian disinformation" https://t.co/3Vt36GMc6B pic.twitter.com/wF1gARrRhH — BuzzFeed News (@BuzzFeedNews) May 5, 2020 This is Buzzfeed trying to cover for Obama so they can try to get out in front of their own misdeeds. And, … Read more
by sundance An interesting article from Fox News asks the question of whether Mueller’s special counsel attorney Brandon Van Grack misled Judge Sullivan in the Flynn case by not being forthcoming about the background documents under the DOJ Brady obligation. Additionally, as a consequence of the Flynn evidence discoveries people are now asking why the FBI and DOJ … Read more
I’m so sick of these stories!!! We need ARRESTS!!!! Former CDC director Tom Frieden pleads guilty in sex abuse case, gets no jail time – ABC News https://t.co/OEBxnNDgc0 — Ann Vandersteel™️ (@annvandersteel) May 5, 2020
