Treasury Unemployment Payouts Surpass $100 Billion in June… Workers Getting Laid Off for Second Time… Americans Living in Big ‘Anger Incubator’…

Treasury Unemployment Payouts Surpass $100 Billion in June… (Bloomberg) — The U.S. Treasury Department has paid out more than $100 billion in unemployment benefits in June, the most for a single month since the pandemic started and underscoring the importance of federal relief efforts to shore up a battered job market. With just one day … Read more

CLOWN WORLD: Dems Seek To Impeach Barr For Violating The Constitutional Rights Of Rioters… NYC Council Approves $1 Billion Dollar Cut to NYPD

House Dems Introduce Resolution To Impeach AG Barr Congressman Steve Cohen, R-TN, brought the measure to the House floor with the support of 35 co-sponsors. The group alleges that “Attorney General Barr has undermined our judicial system and perverted the rule of law.” He added, “In the past few weeks alone, Barr has ordered the … Read more

The Most Corrupt Election in History

by Martin Armstrong The Democrats have taken control of Virginia and already we see this pervasive move to corrupt the election process in the United States by NOT requiring any photo ID to vote. I have stated before that I had the mandate from Hong Kong to try to negotiate with the Australian government to … Read more

Massive Protests Will Rock Our Cities On July 4th As A Penumbral Lunar Eclipse Is Visible Above America

by Michael Snyder Organizers are planning on making July 4th one of the biggest protest days so far, and law enforcement authorities all over the nation are bracing for the potential for more violence.  Usually, July 4th is a day of great celebration in this country, but this year the mood is completely different, and … Read more

Let’s see if we deteriorate more from here

https://twitter.com/DereckCoatney/status/1277989558173536262 I expect USD to surpass 103 before falling. It's just a cycle. Let time verify. https://t.co/2rhiYbXUfe — As The Deer (@HJF_Corp) June 30, 2020 #recession … #EmergingMarkets $USD #Liquidity #Squeeze edition https://t.co/RybEEpwZn7 — Invariant Perspective (@InvariantPersp1) June 30, 2020

Buying corporate bonds while stocks are near all time highs just proves that the Fed is drunk with power and run by clueless socialists

BUYING CORPORATE BONDS WHILE STOCKS ARE NEAR ALL TIME HIGHS JUST PROVES THAT THE FED IS DRUNK WITH POWER AND RUN BY CLUELESS SOCIALISTS 😉#fed #powell #bonds@DiMartinoBooth @GaryKaltbaum @TheDomino — Reminiscences of an American Capitalist (@4Awesometweet) June 15, 2020 The Federal Reserve is now:#3 holder of LQD#5 holder of JNK#2 holder of VCSH#5 holder of … Read more

Can you believe this has been the best quarter for US stocks since 1998?

Can you believe this has been the best quarter for US stocks since 1998? pic.twitter.com/KMdJsME4w9 — Daniel Lacalle (@dlacalle_IA) June 30, 2020 Tech stocks are priced for perfection. Most have forgotten how cyclical this sector is. Highly doubt the macro environment is going to justify these valuations. pic.twitter.com/KpDH35zBVd — Otavio (Tavi) Costa (@TaviCosta) June 29, … Read more

Did anyone actually read the Dodd stress test on the banks?

by TrumpHasASmallPnis Table 4.A. Capital ratios actual vs projected https://www.federalreserve.gov/publications/files/2020-dfast-results-20200625.pdf Am i the only one thats noticing just how f*cked GS and HSBC are under severe conditions in supplementary leverage ratio? Supplementary leverage ratio = regulatory capital / average assets+off balance sheet exposures. Isnt this even more whack now, vs 7 days ago, with the … Read more

Tuesday is for the bulls

by Yolo-Call-Options I recently read a DD where some dude wrote an essay on how you can play the SPY on FED repo days (Tuesdays) and make money almost every time… For the gamblers out there; a repo agreement is a short-term loan that the FED gives banks to create liquidity and support MM. The … Read more

Tesla joining the S&P 500

by go872 ~@Truth_Tesla One of the biggest S&P 500 additions in history was when Berkshire Hathaway, with a $160b market cap, was added in early 2010. The inclusion was a surprise, and the headlines were bombastic. To put this in perspective: in 2010 about $3.5t in assets were benchmarked to the S&P 500. Today this … Read more

Gold & silver penny stocks are taking off! Robinhood traders… The party is just getting started.

Stocks only go up? Then have a look at precious metals miners. Gold & silver penny stocks are taking off! Robinhood traders… The party is just getting started. pic.twitter.com/lOcC1Y8Kof — Otavio (Tavi) Costa (@TaviCosta) June 30, 2020 Buy Gold, Sell Stocks Is the ‘Trade of Century’ Says One Hedge Fund — March 2019 It has … Read more