Shell CEO: Don’t Expect V-Shaped Oil Demand Recovery

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By Tsvetana Paraskova The global economy and oil demand are most likely not headed for a V-shaped recovery as the pandemic will have a knock on energy demand for years, Shell’s chief executive Ben van Beurden told IHS Markit Vice Chairman Daniel Yergin in an interview. “It’s most likely not going to be a V-shaped recovery,” … Read more

China: US Congress moves to shut down China’s influence in Universities

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House Lawmakers Introduce Bill to Address Threats Posed by Beijing-Run Confucius Institutes NTD Reps. Donna Shalala (D-Fla.) and Anthony Gonzalez (R-Ohio) have introduced a bill aimed to limit the influence of Beijing-funded Confucius Institutes on U.S. universities. “Confucius Institutes are directly funded by the Communist Chinese government, which suppresses freedom of speech, academic freedom, and … Read more

Hold Onto Your Cash Preserver! Prof. Edward Altman’s Z Bankruptcy Model Sees Chapter 11 Tsunami Inbound

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“mega bankruptcies” right out of the article. “insolvency risk”, “inevitable reckoning”, and so many other quotes. All so important to understand why. Why is this happening? Why would the stock market rise if things weren’t doing so well? Why would Powell and Munchkin lie to me if they would be in trouble if they did, … Read more

Its happening: Bar calls out cisco, google, microsoft, and apple as CCP allies.

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Attorney General William Barr blasted Hollywood and Big Tech for their apparent cooperation with China in a Thursday speech. Barr criticized Disney, Apple, Microsoft, Google, and others for kowtowing to Chinese policy demands in exchange for market access. In a speech at the Gerald R. Ford Presidential Museum, Barr said, “I suspect Walt Disney would be … Read more

Warren Buffett reaps $40 billion from giant Apple stake since March bottom

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Berkshire Hathaway’s Apple stake — which is now 40% of its equity portfolio — is up a whopping $40 billion since the bottom in March. The investment in the tech giant played a crucial role in helping the conglomerate weather the coronavirus crisis as other pillars of its business, including insurance and energy, took a huge hit. “Had … Read more

Largest California Oil Driller Files for Bankruptcy

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By Irina Slav California Resources, the largest oil driller in the state, has filed for Chapter 11 bankruptcy protection, becoming the latest casualty of an oil price crash that coincided with the coronavirus pandemic that wiped out as much as 20 million bpd of demand in April alone. In a press release, the company said it had agreed … Read more

VIRGINIA: Leader Of MS-13 Being Charged With Terrorism; Gets A One Way Trip To GTMO

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Watch the latest video at foxnews.com ‘Disrupt and destroy MS-13’: DOJ announces first-ever terrorism charges in nationwide gang crackdown The announcement came a day after grand juries in New York City and Nevada handed up new charges against nearly two dozen MS-13 members. The leader of MS-13 has been charged with terrorism amid a nationwide crackdown on … Read more

Do Not Trust China. China Is Asshole:

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China cuts Uighur births with IUDs, abortion, sterilization.  The Chinese government is taking draconian measures to slash birth rates among Uighurs and other minorities as part of a sweeping campaign to curb its Muslim population, even as it encourages some of the country’s Han majority to have more children. While individual women have spoken out … Read more

Don’t Ignore this Critical Consideration for Retirement Saving

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From Birch Gold Group According to a study by the Consumer Finance Protection Bureau (CFPB), of those folks who retired between 1992 and 2014… 27% could maintain the same spending level for the first five years of retirement. 24% could do the same, but needed help from savings and non-housing assets. And 49% could not maintain the same spending level for the … Read more

Is this what’s happening? I think so…

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by TSCSN A quote from George Orwell which explains most of today’s society. Dan Dicks (Press For Truth) with 14 years of content removed from YouTube just recently. With Stefan Molyneux and Max Igan finding a similar fate earlier this month. When faced with corruption, those who consume mainstream media always tout “If that were … Read more

VICIOUS ATTACK: Three #NYPD officers were violently attacked by protesters crossing the Brooklyn Bridge. The officers sustained serious injuries.

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VICIOUS ATTACK: Three #NYPD officers were violently attacked by protesters crossing the Brooklyn Bridge. The officers sustained serious injuries. @NYCMayor @AOC #DefundThePolice pic.twitter.com/CM58UudkPv — NYScanner (@nyscanner) July 15, 2020 PHOTOS: Among those attacked by protesters include @NYPDChiefofDept. pic.twitter.com/sRLhb1IjIM — NYScanner (@nyscanner) July 15, 2020   h/t BFD

Volatility Not Buying Small-Cap Rally?

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by Dana Lyons Despite the big small-cap rally yesterday, the volatility market didn’t budge. After holding key support levels in prior days, the recent market laggards scored big gains yesterday. This includes the Russell 2000 Small-Cap Index (RUT) which jumped some 3.5%. However, despite the big rally, the Russell 2000 Volatility Index (RVX) refused to budge … Read more