A restaurant owner said Tuesday that she can’t get employees to return to work because they make more in unemployment benefits than in working for her business. Melony Wagner, who owns Charles Village Pub in Towson, said her employees would …
RealClearInvestigations: Investigative Issues: Situational Media Attitudes Toward ‘Unmaskings.’ This week’s news that at least 39 Obama officials had unmasked Lt. Gen. Michael Flynn’s private conversations during the last month of their administration seemed a little shocking. Today, major media outlets are telling …
CNBC, Released on 5/14/20 Mark Cuban, Dallas Mavericks Owner, joins “Closing Bell” to discuss the state of the markets/economy and when the NBA might resume play. Mark Cuban is an American business magnate, investor and philanthropist. He is the owner …
https://twitter.com/JerryDunleavy/status/1260702550761844743 CHINA IS ASSHOLE: Chinese State Media Warn Country Will Interfere in U.S. Election. China is threatening to meddle in the upcoming U.S. presidential election as retribution for a flurry of American lawsuits seeking to hold Beijing accountable for the spread …
The POTUS is filling the “Otay Mountain Border Wall Gap” in San Diego County. He is actually building the Wall that will scale this whole mountain and seal this part of the border for the first time in U.S. history. …
Why is that even a question? Why are illegals still here? That’s the right question. AC
by Daisy Luther There has been an unexpected side-effect of the COVID-19 pandemic – single-family homes listed for sale outside of cities are seeing multiple offers almost immediately. The mini real estate boom comes as city dwellers begin to emerge …
by Martin Armstrong The Washington Post is hellbent on trying to undermine the US economy solely for politics. The death rate is really less than 1%. I just went to the doctor and they told me personally that this …
by Martin Armstrong Richard Nixon had to resign over the famous scandal of the June 17, 1972 failed break-in of the Democratic National Committee headquarters at the Washington, D.C. Watergate Office Building. After the five perpetrators were arrested, the press …
by Shaun Richards Today gives us the opportunity to look at the conventional and the unconventional so let us crack on via the German statistics office. WIESBADEN – The corona pandemic hits the German economy hard. Although the spread of the …
by Claudio Grass via Claudiograss.ch “We are expecting a new wave and we’re prepared for it.” Interview with Robert Hartmann, Co-Owner ProAurum Over the last couple of months, we’ve witnessed unprecedented changes in the global economy, in the markets and in our societies. …
BY JOHN RUBINO Jim Sinclair: Debt jubilees everywhere … Nouriel Roubini: The debt crisis will become explosive … Marin Katusa: Dollar shortage is the big story going forward … Mike Maloney: The biggest event in world history …
Wait a minute… I thought the housing market wasn’t the problem this time. The Fed just bought a record amount of mortgage backed securities this last week. It accounted for 84% of its most recent stimulus. Looks like another part …
by formerbuck OKAY. So demand has been reduced dramatically around the world, our $21 trillion GDP has basically been paused for 2 months, so to keep it afloat (rough math), the government had to add $3.5 trillion to keep the …
More money!! https://www.cnbc.com/2020/05/12/coronavirus-updates-house-democrats-unveil-3-trillion-relief-bill.html It includes, according to a summary: Nearly $1 trillion in relief for state and local governments A second round of direct payments of $1,200 per person, and up to $6,000 for a household About $200 billion for …
by DropItShock Vertical Spread Basics Spreads often get a bad rap for sounding more complex than they end up being. I’d wager quite a few people here don’t even know what the “Select” button is for at the top right …
by aemus001 “Those who do not learn history are doomed to repeat it.” – Some Autist Foreward This summary of Ray Dalio’s “Template for Understanding Big Debt Crises” was copy-pasta’d from my FB notes on 5/11/2020. It focuses on …
I usually post these once a week, but I had some extra time today and my sleep schedule’s screwed so I thought I’d go ahead and write up another DDDD (data-driven DD) about another position that I’ve been holding for …
by namsilat I’m a goddamned red blooded American. I believe in our markets, I make money in our markets. I’ve taken a break from grilling wartime production act porkchops, training paratroopers to fight poor people in foreign deserts, and orally …
by pdwp90 U.S. Senate Financial Disclosures Their database is pretty painful to navigate (it’s just a bunch of individual filings), and I’d encourage anyone looking for a tidier representation of the periodic transactions to check out the dashboard I’ve been working on. …
by justathoughtfromme It’s generally required for a parent to co-sign a minor’s bank account in the US. Once you turn 18, the best course of action is to establish an account in your name ONLY so you have sole control …
by Charles Hugh-Smith Financialization was never sustainable, and neither was the destructive globalization it enabled. All the happy-story analogies to past pandemics being mere bumps in the road miss the mark. A popular claim is that the 1918-1919 flu pandemic killed …
by Michael Snyder I was going to write about something completely different today, but I felt that I needed to issue this warning instead. Even before COVID-19 came along, crazy global weather patterns were playing havoc with harvests all over …
By Wolf Richter for WOLF STREET. There has been huge hoopla about the Fed stepping into the markets and buying investment-grade corporate bonds and “fallen-angel” junk bonds, syndicated leveraged loans, CLOs (collateralized loan obligations), bond ETFs, and even junk-bond ETFs. The first intentions …
by Michael Snyder Many have been warning for years that our economic bubble would eventually burst and that a collapse was inevitably coming, but the ferocity of this new economic crisis has caught just about everyone off guard. And even …
by ikegro TLDR; Great Lakes submitted the WRONG student loan status code to the three credit bureaus for ALL of their customers with student loans (as part of the CARES act) and it’s causing everyone’s credit scores to drop 40-50 …
by Expect_The_Opposite Dollar General – Analysis of Operations and Company Summary Earnings May 28th TL;DR – Overall looking bullish on DG as main customer base becomes more reliant than ever on stretching budgets on essential items during COVID and mass …
Federal judge mulls contempt charge against Michael Flynn Federal judge Emmet Sullivan is signaling that he may pursue perjury or contempt charges against former national security adviser Michael Flynn over his effort to abandon an earlier guilty plea to a charge of lying to …
Remarks by President Trump Before Marine One Departure Q What do you mean by cutting relations with China? What would that look like? THE PRESIDENT: We’ll see. We’ll see. We got a lot of things going with China. We’re not happy …
by Chris Vermeulen of The Technical Traders Our researchers believe the US stock market has potentially ended the “relief rally” phase where the US Fed stimulus pushed prices off the recent lows and upward towards key Fibonacci retracement levels and will soon engage …