Economy in Very Bad Shape as Growth STOPS! Millions of Evictions A Looming Crisis

Distractions, distractions. All the while they tear themselves apart. No need for an iron fist. The people will destroy themselves.

The bull market rages on. Yes, the stock market has propelled higher, erasing all 2020 losses. This is all courtesy of easy monetary policies. We can see what is happening to the US dollar as well as gold. All of these indicators are pointing to some very unique circumstances. The Fed will add additional stimulus as they have stated higher inflation is what they desire. So S&P at 5000 and a loaf of bread is $20? We’ll see.

 

GRAPHIC-Say goodbye to the shortest bear market in S&P …

news.trust.org/item/20200818195217-3gk0l

Stock market today: S&P 500 rises to a record close, fully wiping out its coronavirus losses

www.cnbc.com/2020/08/17/stock-market-futures-open-to-close-news.html

The economy’s in ‘precarious shape,’ despite new S&P highs, Cramer says

www.cnbc.com/2020/08/18/the-economy-is-in-precarious-shape-despite-new-sp-highs-cramer-says.html

How can Wall Street be so healthy when Main Street isn’t?

apnews.com/6cadd78335fd98926ffb1e5d6ecb2916

FMS investors 2020-08-18_10-11-24.jpg (789×404)

www.zerohedge.com/s3/files/inline-images/FMS%20investors%202020-08-18_10-11-24.jpg?itok=HjMmq7F1

crowded trades aug 2020.jpg (765×430)

www.zerohedge.com/s3/files/inline-images/crowded%20trades%20aug%202020.jpg?itok=sGIyZkYb

most crowded trade FMS.jpg (1187×1114)

www.zerohedge.com/s3/files/inline-images/most%20crowded%20trade%20FMS.jpg?itok=U3AxkNj8

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www.zerohedge.com/s3/files/inline-images/bfm16A.jpg?itok=OafEbd03

The war against the dollar is heating up – Axios

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www.axios.com/us-dollar-euro-value-reserve-currency-918a7a7c-b974-42e2-b1f0-dcbcdbb7b929.html

Virus pandemic reshaping air travel as carriers struggle – Orange County Register

www.ocregister.com/2020/08/17/virus-pandemic-reshaping-air-travel-as-carriers-struggle/

Evictions crisis looming in Las Vegas | Las Vegas Review-Journal

www.reviewjournal.com/business/housing/las-vegas-facing-a-potential-crisis-with-evictions-2095393/

As protections expire, Vegas faces potential eviction crisis

apnews.com/c1bcaec4e5da37b4355df0c3457dc643

Elon Musk is now the fourth richest person in the world after gaining $8BILLION in one day | Daily Mail Online

www.dailymail.co.uk/news/article-8640769/Elon-Musk-fourth-richest-person-world-gaining-8BILLION-one-day.html

Twelve U.S. Billionaires Have a Combined $1 Trillion – Inequality.org

inequality.org/great-divide/twelve-us-billionaires-combined-1-trillion/

Retail trading app Robinhood’s value tops $11bn on new fundraising | Financial Times

www.ft.com/content/b208cbbe-579c-4cbf-9358-01ae02b4381b

The stock market’s comeuppance is coming, as bullishness gets extreme – MarketWatch

www.marketwatch.com/story/the-stock-markets-comeuppance-is-coming-heres-how-to-prepare-your-portfolio-now-2020-08-18

US companies cling to share buybacks despite collapse in profits | Financial Times

www.ft.com/content/1c924be0-5bc0-4eba-a088-b98b13080c04

Denmark to Make Banks, the Rich Fund Its Early Retirement Plan – Bloomberg

www.bloomberg.com/news/articles/2020-08-18/denmark-to-make-banks-the-rich-fund-its-early-retirement-plan

 

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