Tesla Market Cap $383 Billion. P/E Ratio Over 1000. Systemic Risk is More Mispriced Than Anytime in History.

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https://twitter.com/RonnieChopra1/status/1296808613663694849 Systemic Risk is More Mispriced Than Anytime in History. We Saw It Proven in March. Now We Are In A Systemic Freefall. All That is Left Is The Collapse. — Paranoid Bull (@paranoidbull) August 21, 2020 Tesla has soared 50% since announcing its stock split — last week New York (CNN Business)Tesla is preparing … Read more

Is The Fed Hawkish Again?

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by UPFINA The Fed Minutes are released 3 weeks after meetings, so they usually don’t have large impacts on markets. However, this July’s Minutes caused stocks to sell off. Stocks declined because the Fed came out moderately against yield capping and didn’t give any details on when it will release targets. We discussed in an article … Read more

Stocks have never been at record highs with fundamentals severely depressed. Fund managers starting to believe this nonsense… Risk On is turning Off?

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Oops. S&P 500 earnings real yield is at its lowest level in a decade! Prior lows were also times that gold outperformed equities. What’s different this time? Stocks have never been at record highs with fundamentals severely depressed. Never. Time to buy gold & sell stocks. pic.twitter.com/Yiw4h4DS6Q — Otavio (Tavi) Costa (@TaviCosta) August 19, 2020 … Read more

Black dude explains why Joe Biden is bad for inner city black folks

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“Donald Trump is the change…” “@realDonaldTrump has been in office for 4 years cleaning up their mess of over 100’s of years!” This guy gets it – Joe Biden has done NOTHING for his community and state! He’s a Wilmington, Delaware local and he’s voting #Trump2020 in November!pic.twitter.com/XknYXT5Mjb — Students For Trump (@TrumpStudents) August 21, … Read more

Housing Boom Or Housing Stock Bubble? Got Gold? Silver?

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by Dave Kranzler of Investment Research Dynamics The DJUSHB (Dow Jones Home Construction Index) hit an all-time high on Thursday. The previous ATH was in July 2005. The current SAAR (seasonally adjusted annualized rate) for existing home sales as of the June report is 4.2 million. It’s the lowest sales rate since July 2010. The last time the … Read more

3 Truths That Will Define This 3-Part Economy

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by John Mauldin The economy recovery, when it comes—and it will—is going to be uneven. In some parts of the economy, it’s already starting. Other parts will be in what can only be described as a depression for quite some time. And still others are going to take off like a rocket ship. This three-part … Read more

Three waterspouts video offshore in Louisiana

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and 2 hurricanes on the way to Gulf of Mexico at same time, Monday/Tuesday Pretty cool, I’ve never seen 3 at a time. More spectacular waterspout video offshore SE Louisiana earlier today. Video courtesy of Raney Frederick. #LAwx pic.twitter.com/7yPkVDAKlk — Rob Perillo (@robperillo) August 21, 2020     AT

Insurance Policy Is Now Set For The Transition Off Of The Central Bank Petrodollar System

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Bob Kudla interviewed on X22 Report Spotlight Bob Kudla breaks down the economy, he explains how gold and silver and other precious rise and fall. Bob explains how the payroll tax cut holiday is going to benefit people and businesses, the tax cut puts more currency back into the people’s pocket. Oil is a game changer, the … Read more

What the Recovery Really Looks Like

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by John Mauldin The media and politicians like to talk about “the economy” as a general term. These days, there is a lot of talk about it having V- or U-shaped recovery. But within the economy right now are several different economies, and they won’t see recovery at the same time or rate. So if we … Read more

NZ Lock-down ruled “Unlawful”

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The first 9 days of Lock-down in NZ have been ruled to be Unlawful by 3 high court Judges after a legal challenge. Indeed those Judges knew it from the outset as did all Judges in the Western World who became Accessories to the Crime until this ruling was made finding the lock-downs to be … Read more