Everyone wants to buy a dip until they are experiencing one.

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Everyone wants to buy a dip until they are experiencing one. — Wealth Theory (@Wealth_Theory) August 7, 2020 Good chart h/t @zerohedge pic.twitter.com/aZ4YhJavHW — mcm-ct.com (@mcm_ct) August 7, 2020 PUT/CALL ratio is off the lows today 0.6 from 0.4 — Alessio (@AlessioTMAD) August 7, 2020 #recession … #StockMarketCrash2020 edition#SPX #SPX500 $SPY #ES_F $ES https://t.co/dmJjypR7LM pic.twitter.com/hGQ2pyj157 … Read more

HY Spreads continue to collapse…. BUT more than 70% of lenders reported tighter terms in leveraged market vs. historical norm.

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HY Spreads continue to collapse….$HYG $XLF #Provisions #Reserves pic.twitter.com/QFeUvSWVIc — PlungeProtectionTeam (@gamesblazer06) August 7, 2020 https://twitter.com/NorthmanTrader/status/1291694613426843649 GS US FINANCIAL CONDITIONS pic.twitter.com/wupDHOD10P — Win Smart, CFA (@WinfieldSmart) August 6, 2020 More than 70% of lenders reported tighter terms in leveraged market vs. historical norm. https://t.co/jpsGrxa6LH — Win Smart, CFA (@WinfieldSmart) August 7, 2020

CAN SOMEONE EXPLAIN THIS TO ME?

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by Jim Quinn I used to take the monthly bullshit pumped out by the BLS and line by line destroy their narrative. But, I got bored and no one cared. Nothing has changed. Today the BLS reported “better than expected” employment numbers according to the MSM talking heads. They said the economy added 1.8 million … Read more

Here’s What NYC Mayor de Blasio Will do to Innocent People If His City Doesn’t Get a Federal Bailout

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https://www.youtube.com/watch?v=1qg0UPDb7ck 100% Fed Up reports, In an interview between NYC Mayor Bill de Blasio and CNN’s Wolf Blitzer, de Blasio claims he’ll cut thousands of jobs if the feds don’t bail out NYC. This really is what a Mafia shakedown looks like. Read More/Source/Credit/FairUse: https://100percentfedup.com/video-nyc…

TURKISH NAVY HAS BEEN GIVEN ORDERS FOR FULL MOBILIZATION. TURKISH NAVAL VESSELS ARE BEING DEPLOYED TO AEGEAN AND MEDITERANEAN THEATRES.

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BREAKING: TURKISH NAVY HAS BEEN GIVEN ORDERS FOR FULL MOBILIZATION. TURKISH NAVAL VESSELS ARE BEING DEPLOYED TO AEGEAN AND MEDITERANEAN THEATRES. — TurkishFacts4u (@TurkishFacts4U) August 7, 2020   Turkish Navy vessels have been ordered to withdraw from Standing NATO Maritime Group 2 (SNMG2) upon orders from Ankara. They are heading to the Aegean and Mediteranean … Read more

David Stockman: The Biggest Threat to Your Prosperity and What You Can Do

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Via International Man If you want to understand America’s dangerously deepening travails, you have to start at the Federal Reserve’s Eccles Building. After a 30-year rolling coup d’etat, its occupants have imposed a regime of destructive falsification on America’s financial, economic, political, and social life. It has become the heart of mushrooming darkness taking prosperity, … Read more

Melt-Up In…Everything! If you’re looking for a fundamentals-based rationale behind the melt-up — don’t. There isn’t one.

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by Adam Taggart Well, folks: we’re officially in a price melt-up in nearly all asset classes. Stocks (especially Big Tech), bonds, gold, silver, bitcoin — all are racing higher. And that’s happening on top of an already massive run-up from the March lows. If you’re looking for a fundamentals-based rationale behind the melt-up — don’t. … Read more

Bill introduced in Senate to seize the assets of rich people, calls it a one-time only emergency tax so it’s okay

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Sens. Bernie Sanders, I-Vt., Ed Markey, D-Mass., and Kirsten Gillibrand, D-N.Y., on Thursday introduced the “Make Billionaires Pay Act,” which would tax tech’s top leaders tens of billions of dollars in wealth made during the pandemic. The “Make Billionaires Pay Act” would impose a one-time 60% tax on wealth gains made by billionaires between March … Read more