Tech Bubble 2.0
by NobertTR88 Chart shows it all.. just look at the candles. The 2000 tech Crash will be nothing in comparison. Once the bubble starts to burst the run for the exit will be epic. Its unreal and it will be …
SEC Expands Accredited Investor Definition
https://www.sec.gov/news/press-release/2020-191 You can only make certain types of investments if you are an accredited investor (i.e buying private pre-IPO shares). The definition used to be $1m of investible assets or $200K in annual income. Now they have slightly widened the …
Carl Icahn Scores $1.3 Billion on Bet Against Shopping Malls
Icahn’s Big Payday Investor Carl Icahn’s bet on the downfall of brick-and-mortar retailers produced a $1.3 billion gain during the first half of the year. The profit came from a short position on commercial mortgage backed securities, Icahn Enterprises LP …
After crushing earnings, Salesforce announces layoffs of 1000
Here’s how the company did: Earnings: $1.44 per share, adjusted, vs. 67 cents per share as expected by analysts, according to Refinitiv. Revenue: $5.15 billion, vs. $4.90 billion as expected by analysts, according to Refinitiv. Stock is up 25% and 60% …
Odd Recession Effects Continue
by UPFINA 2020’s recession was/is weird. The current economy is unlike any other recovery we have seen. The housing market is exploding. It has caused the homebuilder ETF to rise 118.6% since the bottom in March which is better than the …
With no relief bill, 16% of homeowners and 33% of renters not making August payments- equities are likely to fall. Consumers in California are clearly not on board w/ a V-shape recovery.
With no relief bill, 16% of homeowners and 33% of renters not making August payments- equities are likely to fall. @michaellebowitz @DiMartinoBooth @nomiprins @elerianm @ScottMinerd #economy #Economia #trading https://t.co/QNEQrFi8BU — Patrick Hill (@PatrickHill1677) August 26, 2020 Consumers in California are …
New York under De Blasio…
New York under De Blasio… pic.twitter.com/Eg1lfAHsWX — James Woods (@RealJamesWoods) August 26, 2020
Peaceful protestors, ANTIFA, BLM need to make up their minds. What is it? Defund the police? Or do you need their protection?
Defund the police, but call the cops when you get shot! Related: OH: Denver councilwoman falsely accuses police of pulling gun on her, other protestors. MOSTLY PEACEFUL: Two Dead in Multiple Overnight Shootings Amid Kenosha Antifa and BLM Riots. h/t …
“Full Beast Mode”: Hurricane Laura Has The Potential To Be One Of The Greatest Natural Disasters In All Of U.S. History
by Michael Snyder Hurricane Laura has become one of the most powerful hurricanes that we have ever seen in the Gulf of Mexico. When Hurricane Katrina hit New Orleans in 2005, it was a category 3 storm with maximum winds …
This must have been what the South Sea bubble of 1720 felt like… or worse
https://twitter.com/TacoNuclear/status/1298644477431762944 #recession … #Tech #Bubble 2.0 edition https://t.co/Wvw4hDUEJT — Invariant Perspective (@InvariantPersp1) August 26, 2020 It's the epitome of sloppy thinking to imagine that refraining from speculation at hypervalued, Fed-induced, yield-seeking extremes at the worst prospective returns in U.S. history …
This Feels Very Similar To the 2018 “Top” Before the Vix Blowup
by cbus20122 Nothing huge here, but I just wanted to share a thought that the recent market behavior feels eerily reminiscent of the recent market in January 2018, with the exception that we are not coming out of a low …
A Surprising Segment of Retirement Savers Have Just Turned Pessimistic
From Birch Gold Group When you’ve worked all your life to save for retirement, the idea is you get to enjoy that retirement stress-free. But that idea could soon get tossed out the window. We’ve already covered how retirement for some …
SaveTheChildren protests in The Netherlands (Video)
The army is getting stronger every week! People are waking up! Look at the undercover Spy forces, how they beat our citizens JL
CNN & Fox cut Rand Paul’s anti-war speech at RNC
Senator Rand Paul’s (R-Kentucky) speech at the Republican National Convention was butchered by major cable networks, with CNN cutting it completely and Fox replacing the anti-war part with an interview. Senator Paul, who frequently crossed swords with Donald Trump when …
Probability of V-Shape Recovery Low, Depression High
by Michael Markowski For the second quarter of 2020, US GDP experienced its worst ever contraction of 32%. The key question now is how fast will the economy recover? Morgan Stanley has emphatically stated that the economy would climb back to …
Gasoline shortage imminent? This hurricane is heading towards to where most of the major gasoline refineries are
Just speechless right now……. pic.twitter.com/nFyLOrWxwu — IDTH (@IDTH11) August 26, 2020 Much of the country’s refinery capacity is concentrated along the Gulf Coast https://www.eia.gov/todayinenergy/detail.php?id=7170 Of the more than 17.3 million barrels per day (bbl/d) of refinery capacity located in …
Dan Bongino: Prepare Yourself for the Election Chaos – a breakdown, dates to watch for
34 min in In this episode, I address the game-changing Republican National Convention. The GOP has masterfully staged this event and a couple of moments really stood out. I also address a shock poll showing that the liberal street chaos …
Rebuilding Of American Has Begun, Look At What Happened
https://www.youtube.com/watch?v=2mEOC5YGaTg The economy is now gaining steam, we are seeing a V take shape in durable goods. Mortgage demand is spiking because of low rates and pent up demand. During the pandemic Americans paid bills and saved money. Trump brought …
Papa John’s employee asks protesters, “Are they trying to get Trump re elected?” Business is destroyed.
https://twitter.com/TheSpeaker2018/status/1298635815178792961 THE JOURNOLIST IS HOPPING: “Liberals suddenly want the riots to stop because they realize it’s hurting their election chances. Conservatives have always wanted the riots to stop even though we know it’s helping our election chances. The former cares about …
Department of Justice requesting data from governors that issued coronavirus orders that may have resulted in deaths of elderly nursing home residents. BOOM !
https://twitter.com/svnewsalerts/status/1298693381913284609?s=21 Department of Justice Requesting Data From Governors of States that Issued COVID-19 Orders that May Have Resulted in Deaths of Elderly Nursing Home Residents
Lemon: “The Rioting Has Got to Stop… It’s Showing Up in the Polls.” SHOOTINGS IN KENOSHA: It’s easier to start the violence than to stop it… CHARLES LIPSON: Playing with Fire.
DON LEMON SAYS THE QUIET PART OUT LOUD: Lemon: “The Rioting Has Got to Stop… It’s Showing Up in the Polls.” https://twitter.com/jason_howerton/status/1298631075531554819?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1298631075531554819%7Ctwgr%5E&ref_url=https%3A%2F%2Flegalinsurrection.com%2F2020%2F08%2Fdon-lemon-the-rioting-has-got-to-stop-its-showing-up-in-the-polls%2F Related: Wisconsin Riots: At Least Two Killed, One Injured in Shooting on Third Night of Rioting in Kenosha. More: Daily Caller Reporter …
Every Angle Of Last Nights Shooting
Every Angle + Timeline of Kyle Rittenhouse Kenosha Riot Shooting The final man to approach Kyle in fact was armed with a pistol. He was shot in the arm. h/t CrsCrpr
Sheriff believes social media is attracting ‘professional agitators’ to Kenosha.
KENOSHA, Wis. – The Kenosha County Sheriff’s Department is gearing up for another night of unrest with hundreds of law enforcement coming to help from around the state. Sheriff David Beth said he is grateful for the support from other law enforcement …
Don’t argue with anti-maskers, CDC warns stores
That’s the recommendation from the Centers for Disease Control and Prevention to retail and service employees. This week, the health agency issued new guidance to limit workplace violence that could be aimed at workers when enforcing their companies’ Covid-19 safety procedures. The …
Kenosha shooter charged with first degree felony homicide and is now considered a fugitive
People v Kyle Rittenhouse by The Daily Dot
All NBA playoff games have been postponed tonight in protest of the police shooting of Jacob Blake.
Breaking on @MSNBC: All NBA playoff games have been postponed tonight in protest of the police shooting of Jacob Blake. — Kyle Griffin (@kylegriffin1) August 26, 2020