Retail getting free stimulus money from the government to end up using it to buy the highest valued market in history.

AMC is now worth 2x what it was before COVID — Michael Lebowitz, CFA (@michaellebowitz) March 15, 2021 https://twitter.com/NorthmanTrader/status/1371558661231943684 Dow Jones: U can smell the turning point its so close pic.twitter.com/7y3YjyqYeV — The Great Martis (@great_martis) March 15, 2021 Next stop $30 TRILLION sometime in the next month or so! pic.twitter.com/Cc5VtvQFZ0 — Trig (Fed up! … Read more

BREAKING: Microsoft Azure Active Directory Outage!

This is really a big deal to a lot of companies depending on these authentication services. Pretty much the whole azure cloud is crippled till this is back up. https://status.azure.com/en-us/status https://downdetector.com/status/windows-azure/ If you can't log into Microsoft services, including Microsoft Teams, Office and/or Dynamics, Xbox Live, and the Azure Portal, it's not you It's AD. … Read more

AMC’s Chinese Owner Gives Up Control Over World’s Largest Cinema Chain

(Bloomberg) — Dalian Wanda Group Co., the conglomerate founded by Chinese billionaire Wang Jianlin, has given up its majority control over AMC Entertainment Holdings Inc. after the world’s largest cinema chain reported a record loss of $4.6 billion for 2020 amid repeated warnings of insolvency. Wanda, which bought AMC in 2012 for $2.6 billion, cut … Read more

The IRS has released guidance on how to handle the 2020 unemployment exclusion

by LiteBulb88 Since it’s been asked about quite a bit here, the IRS has released guidance on how to handle the $10,200 unemployment exclusion: https://www.irs.gov/faqs/irs-procedures/forms-publications/new-exclusion-of-up-to-10200-of-unemployment-compensation The basic idea is that you’ll put in your unemployment amount on schedule 1, line 7 as usual, then on line 8 (“other income”) you’ll put in (10,200), with the … Read more

Has The Debt Bomb Fuse Been Lit?

Right now, all U.S. financial cans are being kicked down the road. One tipping point is that debt is putting real pressure on the economy. They keep saying the U.S. fiscal picture will improve at some point, but when? We’ve been waiting an awful long time.

Short Sellers Boost Bets Against SPACs

Short Sellers Boost Bets Against SPACs SPAC boom skeptics are betting against deals including Social Finance, Lucid and Lordstown Motorshttps://t.co/vqSd7t1g7Z #lbo #HF #PrivateEquity #pe #mergers #acquisition #deals @ennovance #Hedgefunds https://t.co/azzsNSVX7q pic.twitter.com/msGCjyjdey — Mo Hossain (@MoHossain) March 15, 2021 https://twitter.com/RetirementRight/status/1371344830433955842 https://twitter.com/macro_daily/status/1371335902803464198

Will the Democrats Indict Trump?

by Martin Armstrong Trump’s former lawyer Michael Cohen is a classic example of why someone like him will do anything to save his skin. The indictment process is a joke. The prosecutor can indict a ham sandwich. There is no defense allowed and whatever he tells the grand jury is secret. Indictments really do not … Read more

Gold & Silver Rise, Bitcoin & Ethereum Fall As Yield Curve Goes Parabolic (Top 5 Cryptos Now Exceed $1 Trillion!)

by confoundedinterest17 Gold and silver rose on Monday morning while cryptocurrencies Bitcoin and Ethereum fell. Cryptocurrencies (top 5) have exceeded $1 trillion. To be sure, big taxes on cryptocurrencies are on the radar as The Federal Reserve tries to kill competition for the US dollar. Although The Fed has already destroyed the purchasing power of the … Read more

California cities experiment with “hero pay” – leading to immediate job losses… Congressional Democrats push a job-killing law even Californians couldn’t stand

More California Cities Experiment With “Hero Pay” Leading To Predictable Results Back in early February, we looked at a story out of Long Beach, California where the City Council passed an ordinance requiring large, chain grocery stores to provide workers with an extra four dollars per hour as “hero pay” during the pandemic. That immediately resulted in … Read more

‘It looks like the end of the world’: China’s worst sandstorm in a decade chokes Beijing

China’s capital city woke up to yellow skies on Monday as the biggest sandstorm the country has seen in a decade swept through the city, sparking new health fears. The thick brown dust shrouded Beijing‘s iconic landmarks, including the Forbidden City, and downtown skyscrapers at times disappeared from the view, enveloped by clouds of sand. The … Read more

Myanmar military imposes martial law in Yangon as crackdown deepens

YANGON, Myanmar — Myanmar’s ruling junta has declared martial law in parts of the country’s largest city as security forces killed more protesters in an increasingly lethal crackdown on resistance to last month’s military coup. At least 38 people were killed Sunday and dozens were injured in one of the deadliest days of the crackdown, according to … Read more

Trump Drops OFFICIAL Endorsement: Look Who He’s Urging to Run for GA Senate Seat!

https://www.youtube.com/watch?v=zHm0RXYzSpo John Hanson from The Political Insider reports, On Wednesday, former President Donald Trump issued an official press release urging college and professional football legend Herschel Walker to consider a Georgia run for the United States Senate. Read More/Source/Credit/FairUse: https://thepoliticalinsider.com/trump-issues-statement-wouldnt-it-be-fantastic-if-the-legendary-herschel-walker-ran-for-the-u-s-senate/?utm_source=home-headline-stories