Breaking news, updates, and reports on current events.
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 to be the retards in the movie The Big Short who were investigating mortgage-unpaid houses. 1. We … Read more
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 widening wage gap. A manipulated market that seems only to move up, eventually disconnecting from … Read more
This is only the first week… (Red dots = Bloomberg Survey) h/t WildAnimus
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 this. We’ve been reaching a pinnacle in home prices and I think we’re seeing the … Read more
by rredditscum Instead of looking at the entire market, I decided to take a deep dive into SPY this time and get a good idea of what’s happening. Hopefully someone can correct me if I’m wrong. PCR aka Put-Call Ratio; this is defined from Investopia as “an indicator ratio that provides information about relative trading volumes … Read more
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 there but it’s still not big enough plus the financial market pressure, margin calls, corporate … Read more
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 in turn led to a corporate debt bubble that was highlighted as “Risky” by the … Read more
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, CFA (@WinfieldSmart) March 21, 2020 MBS spreads pic.twitter.com/um1cBHWJsM — Win Smart, CFA (@WinfieldSmart) March 21, … Read more
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 comment. Last week, we wrote a piece titled: Risk Limits Hit. When Too Little Is Too … Read more
by Claudio Grass of ClaudioGrass.ch “Trust the state. Do what they say. They’ve never lied to us before, have they?” – Daniel McAdams, Ron Paul Institute for Peace and Prosperity Central bankers are washing their hands too Looking at the carnage that stock markets have suffered, it’s not surprising to see central banks jumping in to save the day. … Read more
by SleepNowMyThrowaway The massive over-reaction to a supposed killer virus is being used to mask and provide cover for a debt jubilee for the average person and business, devalue the dollar to make it more competitive internationally, and also allow the US to default on it’s international debt. The simple fact is the debt overhang … Read more
by Expensive_Pop https://hk.news.appledaily.com/local/20200321/MZEAACSL4OS5N3V3WN33A4676U/ The National Health Commission of the Mainland claims that 39 new cases of Wuhan pneumonia were confirmed the day before yesterday, but all of them were imported from abroad. There have been no new confirmed cases in China for two consecutive days. However, Japanese media Kyodo News quoted Wuhan doctors as saying … Read more
“The corona hype is not based on any extraordinary public health danger. However, it causes considerable damage to our freedom and personal rights through frivolous and unjustified quarantine measures and restrictions”. https://youtu.be/p_AyuhbnPOI Video of German Pulmonologist Dr, Wolfgang Wodarg who explains how the media and government hype around Coronavirus does not match the reality … Read more
by erietemperance Libertarians, Democratic Socialists, Liberals, Republicans, Progressives, An Caps, Conservatives, Democrats, Classical Liberals. We all need to stand together and work together to fix this problem. It’s time to stop worrying about who uses what bathroom, what accessory your rifle has, who gets married, if you smoke in a bar, how old you are … Read more
How can we stop it? Boeing, which is pleading with Washington for a $60 billion bailout amid the coronavirus pandemic, announced on Friday that its CEO Dave Calhoun and Board Chairman Larry Kellner will forgo all pay until the end of the year. The move is part of a few decisions Boeing made in order to support … Read more
Filthy lucre? Cash isn’t the only payment method covered in germs. Credit cards, payment tablets and ATM keypads carry bacteria that cause illnesses, a study by CreditCards.com and the University of Texas at Austin has found. Payment tablets, like the ones restaurant, bar and food truck patrons tap and sign with their bare fingers, were … Read more
Did you notice right at the end, he said in some districts, extra patrols will be assigned at food stores? Did I hear that right? DH
The Walt Disney Co. is looking to raise as much as $6 billion through a debt offering, according to a company filing with the Securities and Exchange Commission on Friday. Disney is offering six different notes, which will mature between 2025 and 2050, and have interest rates as low as 3.35% and as high as … Read more
