The U.S. economic recovery rests on getting consumers to spend….but the US spending declined by a record 13.6% and record savings)

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The U.S. economic recovery rests on getting consumers to spend….but the US spending declined by a record 13.6% and record savings) The Rich Cut Their Spending. That Has Hurt All the Workers Who Count on It.https://t.co/8pcQBfwUsK @nytimesbusiness @cnbc #economy #Philadelphia https://t.co/Ajcy2z6GTM pic.twitter.com/DVNG4S0dDI — Mo Hossain (@MoHossain) June 20, 2020 Reckon Goldies' next update needs to … Read more

I, Who Hates Shorting, Just Shorted the Entire Stock Market. Here’s Why

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I’m sharing this trade for your future entertainment so you can hail me as the obliterating moron that infamously shorted the greatest rally floating weightlessly ever higher above the worst economic and corporate crisis imaginable. By Wolf Richter for WOLF STREET. I hate shorting. The risk-reward relationship is out of whack. It feels crappy. I lost a ton … Read more

Why is everyone ok with handing Central Bankers infinite power when all they have done is destroy society with Wealth Inequality?

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Why is everyone ok with handing Central Bankers infinite power when all they have done is destroy society with Wealth Inequality? — Paranoid Bull (@paranoidbull) June 20, 2020 The wealth gap in the US is even in the stock market pic.twitter.com/xIoa5e7H02 — Alessio (@AlessioTMAD) June 20, 2020 Fed policies hurt the bottom 90% regardless of … Read more

I have never been more convinced of anything in my life, this market is going to crash 50+% by the end of the year.

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https://twitter.com/RetirementRight/status/1274374191043624960 https://twitter.com/bullmarketsco/status/1274357810575413250 CNN Fear/Greed Index's 20 day average is *EXTREMELY* high. Most recent one? January 2020, which wasn't a good time to buy stocks https://t.co/Sk0x4ybbkU — Win Smart, CFA (@WinfieldSmart) June 20, 2020 "Robinhood markets are going to end in tears,” billionaire Leon Cooperman said. “Let them buy and trade. From my experience, this kind … Read more

We are still very much in the first wave, globally!

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We are still very much in the first wave, globally! ht @MaxCRoser pic.twitter.com/ajmCE5HkG2 — jeroen blokland (@jsblokland) June 20, 2020 GERMANY'S CORONAVIRUS REPRODUCTION RATE 'R' RISES TO 1.79 – RKI HEALTH INSTITUTE — *Walter Bloomberg (@DeItaone) June 20, 2020 https://twitter.com/ThinkTankCharts/status/1274400497772965888 Welp- hospitals across Florida have filled most or all available beds in their ICUs. Sh*t … Read more

The Federal Reserve will test all limits of monetary policy and risks following the stepd of Japan, going from “whatever it takes” to “whatever, no matter what”

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The Federal Reserve will test all limits of monetary policy and risks following the stepd of Japan, going from "whatever it takes" to "whatever, no matter what" pic.twitter.com/oGru5O88hG — Daniel Lacalle (@dlacalle_IA) June 20, 2020 This is not really active and not really passive. What do we call this again – random walk? https://t.co/xiEXzQIczJ — … Read more

This is not sustainable…

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This is not sustainable. pic.twitter.com/eirmGvm8yS — Bharat Ramamurti (@BharatRamamurti) June 19, 2020 A Tidal Wave of Bankruptcies Is Coming Experts foresee so many filings in the coming months that the courts could struggle to salvage the businesses that are worth saving. https://twitter.com/teasri/status/1274083890785923076 “the number of working business owners plummeted from 15.0 million in February 2020 … Read more

TWITTER + CNN = COMEDY GOLD

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Clown World: Twitter Fact-Checks Hilarious Trump Tweet Meme on Behalf of CNN. Twitter and the mainstream lying press are working overtime to gaslight Americans into believing that memes are “fake news.” The president tweeted this hilarious meme by well-known satirist and meme-maker Carpe Donktum on Thursday, which skewered the fake news media narrative and the … Read more

DNC doing DNC things

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by Robintevenson Here is Mike Gravel in a presidential debate on the stage with Hillary Clinton, Barrack Obama, and Joe Biden: https://www.youtube.com/watch?v=uBcMUZAXMW4 https://twitter.com/GravelInstitute/status/1223345215404199944 https://twitter.com/GravelInstitute/status/1223733471312596992 In July 2019, the Mike Gravel campaign contacted the DNC after receiving over 65,000 unique donors. On the call, a senior official swore that they would never change the debate rules … Read more

There’s a Solar Eclipse in June 21st. Joni Patry Predicts Hidden Secrets Will Be Uncovered. Scandals Are About to Surface!

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She predicts what to expect from the upcoming eclipse Monday which will include a stellium of planets in Gemini, a sign ruled by Mercury which is also retrograde at this time. She predicts major issues with travel, communications, and disease, stating that she sees Gemini and Mercury frequently in health and disease related issues. This is … Read more

UN #HumanRights experts: “Profound concern” over a recent statement by the US A.G. describing #Antifa and other anti-fascist as TERRORISTS

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The U.N. is literally upset that we in the West won’t allow communists and domestic terrorists to carry out an insurrection. Mind blowing. UN Geneva @UNGeneva · 10h UN #HumanRights experts express profound concern over a recent statement by the US Attorney-General describing #Antifa and other anti-fascist activists as domestic terrorists, saying it undermines the … Read more