House Democrats Say Trump-Russia Obstruction Investigation ‘Ongoing’ – Could Result in New Articles of Impeachment! The House told the Supreme Court they need the unredacted secret grand jury materials in Mueller’s report to decide on new articles of impeachment. They …
Trump fired the inspector general of the State Department, Steve Linick. In accordance with the 2008 Inspector General Reform Act, which protects inspectors general from being fired without cause, Trump informed Congress in writing about the intent to fire …
https://twitter.com/LordPolemos/status/1262491065493291010
"Live Nation just furloughed 20% of their employees." They should furlough everyone and then the stock can go to $100. $LYV pic.twitter.com/tPV18aR4uD — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) May 18, 2020
via CCN: The Fed bought a record amount of mortgage-backed securities last week. Its MBS buying spree in March triggered $5 billion in margin calls on routine hedges lenders place against rising interest rates– an existential threat to lenders. …
by validscramble Good afternoon fellow reeetail investors! I’ve been noticing some comments mentioning really stupid SPY option buys, so I thought I’d share a table I threw together. Assuming you’re planning on holding your options to expiration, like I know …
h/t kaeperkick
Worst global, economic crisis in 90 years. https://t.co/GdcCDJZU3U — Carl Quintanilla (@carlquintanilla) May 18, 2020 https://t.co/XMhjk6yL8J — Alastair (@StockBoardAsset) May 18, 2020 "The proponents of 'Modern Monetary Theory' are wrong in suggesting that a government that issues debt in its …
There’s no limit to the Feds bailouts…except for Main st. 🤬👇 I explain in 1, simple, fast step!! 🔥 pic.twitter.com/EDD47VxyO4 — George Gammon (@GeorgeGammon) May 18, 2020
On the same day the Atlanta Fed estimates Q2 real GDP at -42.8%. Meanwhile, 100,000+ small businesses have closed forever. Totally normal. https://t.co/cCm7EkMRgH — Nomi Prins (@nomiprins) May 18, 2020 https://twitter.com/vixsquared/status/1262454006326210561 "It's different this time""It's different this time""It's different this …
Photo by Flickr.com | CC BY | Photoshopped From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Powell boosts gold in Fed speech, why gold is the best bet to …
By Alex Kimani American shale is easy prey as Beijing goes bargain-hunting. China could soon embark on a global buying spree following the coronavirus-induced economic crisis and the re-opening of its economy, and the U.S. shale patch is an obvious target …
by visualcapitalist The COVID-19 outbreak has led to the savage disruption of retail the world over. Almost overnight, foot traffic in physical stores disappeared, and supply chains were left scrambled. Now at a major fork in the road, many retailers …
Liberal Senator James Paterson has told Sky News his “honest hope is no country – China included – will oppose” the motion for an independent investigation into the origins of COVID-19 set to be voted on at the World Health …
ATLANTA — Starting Monday, all Uber riders, drivers and delivery people will be required to wear a face mask. The company announced Sunday that they are also rolling out a new user experience on the app to help keep drivers and …
by lost_librarian_ I’ve been a certified news hound about the ‘rona for the last month or so. Deep dives into the NYT, WSJ, Statnews, you name it. And of course many Reddit forums. I’ve noticed many people from all sides …
Here is a predicament that we in no ways minimize or trivialize for its complications. The Portland tri-county area is still under lockdown restrictions while most of the other counties around it, and around the state, are moving into re-opening …
by Simon Black At precisely 9:26pm this past Friday night, May 15th, the House of Representatives in the United States passed the “Health and Economic Recovery Omnibus Emergency Solutions Act.” For short, they call it the HEROES Act. And yes, it’s …
Missouri Dem Touts Endorsement From Dark Money Group After Denouncing Dark Money. Missouri Democrat Nicole Galloway touted an endorsement from a liberal dark money group just days after claiming that she “hate[s] dark money with a passion.” The state auditor …
By Tom Kool Oil prices have rallied significantly, rising $10 in two weeks as markets are increasingly convinced that global demand for crude is picking up once again. Deep output cuts and the reopening of some of the largest economies …
via pjmedia California Governor Gavin Newsom weighed in on the question of bailing out states whose budgets have been blown up by the coronavirus pandemic. Newsom told CNN’s “State of the Union” that a state bailout was not “charity” and that …
China’s Plans to Win Control of the Global Order: The Chinese Communist Party leadership believe they are in the midst of an ‘intense, ideological struggle’ for survival and that to win they must defeat the West. The People’s Republic of …
“You are all in violation of the Executive Order. On that note… have a good day and everybody be safe.” Bellmawr FOR Everybody #SmallBusinessIsEssential pic.twitter.com/PNoMAWgVdo — Atilis Gym Bellmawr (@TheAtilisGym) May 18, 2020 Looks like local cops refuse to enforce …
Some 108 million people in China’s northeast region are being thrown back under lockdown as a new cluster of #coronavirus infections emerges. More @business: https://t.co/BK01JErhCY #Covid_19 pic.twitter.com/NxkC12nJ9c — Bloomberg QuickTake (@QuickTake) May 18, 2020 Over 100 Million in China’s Northeast …
When the economy takes a nosedive, your wallet may be the first to suffer. A recession means a steep economic downturn, complete with negative economic activity that affects almost everyone. Instead of being another blindsided consumer, there are ways to …
https://www.youtube.com/watch?v=41A6U76PWLY Experts have been alerting that a stock market crash is forthcoming. This time around, the damage will be so extreme that it will take decades ahead to recover from it. That’s what the chief macro strategist at Contrarian Macro …
Real estate has been one of THE great drivers of the Canadian economy in recent years.In April, home sales collapsed by 90%. Via @SoberLook pic.twitter.com/R3FkUTqjwC — Adam Tooze (@adam_tooze) May 18, 2020
by The Phoenix Stocks are exploding higher this morning. As usual the financial media is looking for a reason for this move. The reason is that stocks had been consolidating for more than two weeks. Lengthy consolidations like this typically resolve …
