Breaking news, updates, and reports on current events.
By Haley Zaremba The future of the oil industry, it seems, all depends on who you ask. Many industry insiders and experts are crying armageddon, while others say that United States shale is not only poised for a comeback, it will be better than ever. Early last month, global oil prices experienced their worst single-day setback … Read more
by Amy S. Originally published: Umair Haque America’s response to Coronavirus has been, in a word, disastrous. It adds disaster to the catastrophe of a new global pandemic. If you’ve thought something like the above, you’re exactly right. And yet because the media is doing a fairly poor job of explaining just why, let me. America’s stimulus … Read more
(Silver Doctors Editors) The latest Coronavirus Task Force briefing is underway this Thursday afternoon. Today’s focus has been front-loaded to be related to the economic relief package and all of the doubts surrounding the availability and the timeline for the free money. Treasury Secretary Mnuchin just said that if you have your direct deposit information … Read more
Mexico is about to have a “No-Shit-Sherlock Moment” and my sources says, “Cartels are licking their chops for mass violence, robbing banks, arms depots, chemical storage facilities, etc.” ….”Mexico, with a population of 130 million, has only 356 ICU units, fewer than 50,000 hospital beds, fewer than 2,500 ICU beds, and just 5,523 ventilators. That’s … Read more
by zer05tar The People are waking up to just how bad things are.
Every decision WHO made, every statement they’ve made, enhanced the spread of this virus. They should be held criminally liable. WHO ON JANUARY 14: And yet Joe Scarborough says “everybody saw this coming” in early January. But he’s a hack. Just not a good one. h/t GR
.@realDonaldTrump with a mic drop letter to Chuck Schumer. pic.twitter.com/WsREogW8gc — Steve Guest (@SteveGuest) April 2, 2020 If we don’t clean these traitorous Democrats out of power in November, we deserve what we get. RM
Luke Rudkowski @Lukewearechange Holy Cow even the Bilderberg Group has cancelled its globalist confab meeting this year because of the coronavirus, officially but they don’t always tell the truth FYI. Holy Cow even the Bilderberg Group has cancelled its globalist confab meeting this year because of the coronavirus, officially but they don't always tell the … Read more
Trump warns of ‘horrific’ weeks ahead as US virus death toll tops 5,000 “We’re going to have a couple of weeks, starting pretty much now, but especially a few days from now, that are going to be horrific.” https://www.france24.com/en/20200402-usa-coronavirus-donald-trump-death-toll-andrew-cuomo-who-epidemic
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 Nadler among others in her caucus will demand that this select committee expand its scope … Read more
At the 1:02:45 point below, President Trump answers the question about the illegals getting stimulus checks: “Well, you know, you are saying undocumented, meaning they came in illegally. A lot of people would say that we have a lot of citizens right now that won’t be working, so what are you going to do?” … Read more
Authored by Mike Whitney via The Unz Review, 1– Unemployment is off-the-charts Thursday’s jobless claims leave no doubt that the country is in the grips of another severe recession. More than 6.6 million Americans filed for unemployment insurance in the last week. That number exceeds the gloomiest prediction of more than 40 economists and pushes the … Read more
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 of real estate and finance at the Wharton School of the University of Pennsylvania. “The … Read more
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 up amid negative coronavirus data and headlines. “GDP in the second quarter could be anywhere … Read more
Dollar funding stress keeps rising as the US Treasury additionally demands dollars and floods the market w/bills. Libor OIS risk spread jumps to 137bps, the highest level since GFC. pic.twitter.com/qYXyWyxxv4 — Holger Zschaepitz (@Schuldensuehner) April 2, 2020 Round of applause for the Federal Reserve 👏The $USD is officially a funding currency… $EUR $JPY $CHF all … Read more
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 been spared by this global economic meltdown. The US economy has also been shut down … Read more
https://www.youtube.com/watch?v=WIwG1zBvTyw Virigina Kruta from The Daily Caller reports, Joy Behar tried to get ABC reporter Jonathan Karl to say that President Donald Trump had a mental disorder. Karl appeared Monday on ABC’s “The View” to discuss his new book, “Front Row at the Trump Show,” and his view of the Trump administration’s handling of the … Read more
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 the mortgage business inside and out and he’s very concerned right now. Briefly, the Federal … Read more
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 be as high as 15 million bpd. For anyone wondering why oil prices just spiked … Read more
