More depression era-style news.

More depression era-style news. Over 50% of Los Angeles is now unemployed. #COVID19 #coronavirus https://t.co/vUOhjU1jio — Stephen Punwasi 🏚️📉🐈☃️ (@StephenPunwasi) April 19, 2020 More than half of Los Angeles workers are now unemployed, according to a national survey. Research from …

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Tales From A NYC Small Business Owner

by  andersondylan087   I am a small business owner in NYC. My business is currently shutdown. I run/ran a hospitality-based company. This is my story. TLDR: My business Bank didn’t accept applications for Paycheck Protection Program prior to funds running out. …

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Going Short Is Now American II

by JimCramerSober Your name is Jim, born and raised in America, went to Stanford University for business. You have a good heart and an entrepreneurial spirit. You recently graduated and it’s 2012. You notice that average folk are financially illiterate …

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Credit Suisse view on the S&P500

by BlueTreeCloud The S&P 500 is showing signs of stalling as expected at the beginning of our flagged resistance/objective, seen stating at 2855 and stretching up to 2934 – the 61.8% retracement of the Q1 collapse. Although the market fell …

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Michael Pento – Losing Faith in Fiat – Record High Gold Around the World. Coming a Time When the Money is No Good & Bonds are No Good

Money manager and economist Michael Pento predicts a “tsunami of inflation” is coming in the not-too-distant future. Pento says, “People are losing faith in fiat currencies. The price of gold in other currencies is already at all-time record highs. Even …

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Sunday Laws Are Coming!

Sunday Laws are the mark of the beast. The powers that be are pushing forward in that direction. It will force worship. Religious freedom will come to an end. You must worship on Sundays for them. It will not matter if you “truly …

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THE CDC: A PANTLOAD OF FAIL.

Coronavirus tests were delayed by contamination at CDC lab, report says. A delay by the federal Centers for Disease Control and Prevention in quickly making coronavirus test kits available was the result of “a glaring scientific breakdown” at the CDC’s …

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Now Comes The Real Crazy

BY JOHN RUBINO A recurring theme of modern financial crises is the “temporary” nature of the extreme steps governments take to fix the system. Recall that the massive increase in the Fed’s balance sheet during its Great Recession asset-buying binge …

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Status of Home Mortgages and CLOs

by JJ_Shiro I’ve collected this over the past few weeks. Thought I would share considering the controversy about current market valuations. Mortgages (04/17) 2.9 million US home loans are in forbearance (payments delayed without penalties). This equates to 5.5% of all active …

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