Recession is already priced in?

by

The economy says it is already priced in pic.twitter.com/nBy9lUKTiY — Alessio (@AlessioTMAD) August 11, 2020 AND THE BANKRUPTCIES KEEP ROLLING IN pic.twitter.com/8a1TDnZSWB — Win Smart, CFA (@WinfieldSmart) August 11, 2020 H/T @csm_research pic.twitter.com/oKK4e84WyL — M/1_LP (@MI_Investments) August 11, 2020 A rise in auto-loan defaults would test whether lenders and investors can work out deals to … Read more

This Isn’t Going To Be Good At All

by

by Michael Snyder By now I am sure that you have heard the news.  Joe Biden has chosen Kamala Harris as his running mate, and the mainstream media is lavishing her with praise.  Of course the focus of the election coverage will soon return to Biden and President Trump, but the American people will want … Read more

The Real Kamala Harris

by

by Michael Snyder Could the White House soon be occupied by a power-hungry authoritarian that will not hesitate to use the full power of the presidency to absolutely crush political enemies?  And no, I am not talking about Joe Biden.  There are certainly a whole lot of negative things that you can say about Joe … Read more

Investing in CBD: All You Need to know

by

The cannabis plant has been getting its fair share of controversy across the years, but this is changing. Many people were made to believe that weed is harmful and doesn’t have any benefits. Contrary to that belief, the cannabis plant has been used by many cultures since ancient times. The recent legalization of cannabis by … Read more

IT’S OFFICIAL: Joe Biden picks Sen. Kamala Harris to be his vice presidential running mate, making her the first black woman on a major ticket. WILLIE BROWN TO KAMALA HARRIS: DON’T JOIN BIDEN’S TICKET.

by

CNBC: Joe Biden picks Sen. Kamala Harris to be his vice presidential running mate, making her the first Black woman on a major ticket Presumptive Democratic nominee Joe Biden has chosen Sen. Kamala Harris of California to be his running mate. Widely considered a moderate Democrat, Harris will be the first Black woman nominated as … Read more

Nightmare for equities is if dollar bottomed and reverses… Zoom just broke down today

by

nightmare for equities is if dollar bottomed and reverses pic.twitter.com/C6Z6NPeMYq — Alastair (@StockBoardAsset) August 11, 2020   Trees don’t grow to the sky folks… Zoom just broke down today. Still trading at 1,294x earnings and 78x sales. pic.twitter.com/WZFjqnT1zW — Otavio (Tavi) Costa (@TaviCosta) August 11, 2020 https://twitter.com/DereckCoatney/status/1293278209564344320

Real rates from -1.10% to -1.00% nominal yields up 10bps to 65bps and market can’t handle it.

by

Real rates from -1.10% to -1.00% nominal yields up 10bps to 65bps and market can’t handle it. So FED working really hard to kill US economy throught zombification and counter productivity shoveling QE to biggest losers which will finally drive unemployment higher and bust anyway. — GregTheAnalyst (@Analyst_G) August 11, 2020 https://twitter.com/Hipster_Trader/status/1293266672594362368 https://twitter.com/NorthmanTrader/status/1293275249681870848 S&P -0.7% … Read more

Reminder – over 90% of all US Media is controlled by 6 companies. If you control these – you can virtually control “democracy”.

by

by IchKommeAusDenBergen   Yes the image with the logos is not up2date (over a year old) but the message is still the same, so it’s okay for me. https://en.wikipedia.org/wiki/News_Corporation_(1980%E2%80%932013)#Split_and_21st_Century_Fox’s_eventual_sale_to_Disney#Split_and_21st_Century_Fox’s_eventual_sale_to_Disney) https://en.wikipedia.org/wiki/Acquisition_of_21st_Century_Fox_by_Disney    

California judge granted a preliminary injunction Monday requiring Uber/Lyft to stop classifying drivers as independent contractors. Serious implications for Uber/Lyft, both are not yet profitable, are now required to pay for costly benefits that come with a full-time staff.

by

https://www.cnbc.com/2020/08/10/judge-grants-preliminary-injunction-requiring-uber-and-lyft-to-stop-classifying-drivers-as-contractors.html A California judge granted a preliminary injunction Monday requiring Uber and Lyft to stop classifying their drivers as independent contractors pending further action by the court. The order will take effect after 10 days, as the companies requested a brief stay during the appeals process. If upheld, the ruling could have serious implications for … Read more

Robinhood to stop sharing app’s popular stocks

by

Robinhood Markets Inc. will no longer provide data that shows which stocks are popular among its users. The decision comes as the Menlo Park, Calif.-based trading app developer wants to shed the perception that its service is mostly used by day traders. “At Robinhood we’re committed to enabling people to participate in the markets through responsible investing,” a … Read more

Chinese Navy Gets 16,000 Candidates For New Pilots

by

Sources say about 16,000 people signed up in the annual pilot recruitment drive, and among those who have passed the tests to become pilot cadets, nearly half will be trained to fly aircraft in the coming years. “In the past, most Navy Aviation Force pilot cadets were trained to fly ground-based fighter jets and bombers,” … Read more