The tech bubble was only two sectors (tech/telecom), NOT EVERYTHING.

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BULLARD: "NOT SEEING RISK ON SCALE OF TECH BUBBLE" The tech bubble was only two sectors (tech/telecom), NOT EVERYTHING. @EricRosengren @marydalyecon @RaphaelBostic @neelkashkari @RobSKaplan @steveliesman @michaelsderby @NickTimiraos New IMF Fin'l Stability rept. Who is #1? pic.twitter.com/q0EKkkvWdJ — M/1_LP (@MI_Investments) June 25, 2020 Leading into yesterday’s weakness, big tech had started to look increasingly stretched relative … Read more

Just can’t make it up…wonder what reason is for easing restrictions on same day as releasing stress test results?

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  Just can't make it up…wonder what reason is for easing restrictions on same day as releasing stress test results? https://t.co/6sD9Mki34P — G Stockus đŸŽ„đŸ„‚ (@beatlesonbankin) June 25, 2020 💯"There is no accounting alchemy in the world that can make Citigroup a source of strength if it’s been paying out twice as much money as … Read more

Global Economic depression Party Like Its 1929!

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https://twitter.com/bullmarketsco/status/1276105163099553792 The Biggest Disconnect Between Prices And Profits In Stock Market History?: Felder Everyone is talking about the massive disparity between stock prices and fundamentals right now. To paraphrase Jeremy Grantham, we now find ourselves in the top 1% of stock market valuations and the bottom 1% of economic outcomes (based on the annualized rate … Read more

New York activists camp out to demand $1bn police cut

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https://www.youtube.com/watch?v=B5ieJC-jmtQ With most festivals canceled, activists have at least found a use for their sleeping bags – trying to defund the New York police. Hundreds gathered in a peaceful protest outside New York City Hall late on Wednesday, demanding a $1 billion funding cut to the city’s police department (NYPD). Carrying ‘Black Lives Matter’ and … Read more

NASCAR GETS ITS OWN JUSSIE SMOLLETT:

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via spectator: Cockburn was initially reticent to compare Wallace to Smollett. Wallace was not the one who initially found the ‘noose’, and was merely reacting to what his team told him. He did not manufacture the incident himself. But the fanfare that followed, despite an ongoing investigation that had yet to find evidence of a hate … Read more

Political Corruption at Trump Rally

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by Martin Armstrong  By the way. BOK stands for Bank of Oklahoma.  Submitted by a reader: Here is how a corrupt convention center management team kills attendance at a Trump Rally. I was there and saw most of it first hand, followed by others tonight that never got past the temperature screeners. 1. BOK Center … Read more

IT WOULD TAKE A HEART OF STONE NOT TO LAUGH:

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A Minneapolis Neighborhood Vowed to Check Its Privilege. It’s Already Being Tested. After the death of George Floyd at the hands of the police, Ms. Albers, who is white, and many of her progressive neighbors have vowed to avoid calling law enforcement into their community. Doing so, they believed, would add to the pain that … Read more

Tesla ranks dead last in JD Power survey

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Enjoy your overpriced jalopies.     JD Power scored Tesla vehicles the worst among 32 major brands in its annual quality study. It’s the first time that Tesla’s cars have been ranked by the influential customer survey now in its 34th year. According to the JD Power Initial Quality Study, which measures vehicle quality in the … Read more

I See A Pattern Here

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by Venus230 It’s raw numbers which is why you should use per capita measurements. i.e. Blacks score so high in raw numbers because they interact with the police more (aka commit more crime) Per Capita Fact: for every 10K whites who interact with the police 4 are killed; For every 10K blacks 3 are killed … Read more