My observations about the Fed’s actions, and why I’m not shorting this crazy market.

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter My observations about the Fed’s actions, and why I’m not shorting this crazy market. For those who are saying, all that matters is liquidity, fundamentals don’t matter, don’t fight the Fed, the Fed is throwing money into the market, just ride the gravy train – is that going to be as … Read more

Peter Schiff: It’s game over for the Fed … John Williams: Hyperinflation is coming. Buy gold … Michael Pento: Central banks have jumped the shark, may even buy stocks …

BY JOHN RUBINO Peter Schiff: It’s game over for the Fed … John Williams: Hyperinflation is coming. Buy gold … Michael Pento: Central banks have jumped the shark, may even buy stocks … Lynette Zang: The virus is a great cover for a financial reset … Glenn Greenwald: Coronavirus, protests reveal society’s authoritarian problem …

Total U.S. Petroleum Consumption Still Down 25%, Inventories At Record High

by Steve St Angelo of SRSrocco Report The stock markets surged today on news that the U.S. unemployment rate “SURPRISINGLY” fell to 13.3% in May, down from 14.7% in April.  Somehow, with most of the country still on lockdown in May, there were 2.5 million Americans added to the payrolls along with 345,000 new businesses that were formed. … Read more

London has fallen! Police seen running away in fear from protesters…

Gangs Chase #Police For Trying To Make Arrest In #London This is what the government have allowed to happen in to permit anti white sentiment across the nation. @WeAreTRR https://t.co/RHjosiaAZv pic.twitter.com/hgKhFgQ1bL — UK Street Crime 🇬🇧 (@UKStreetCrime1) June 7, 2020 Enough is enough now. This is no longer a protest. Its run its course and … Read more

This is the end for you guys. Firing someone for allowing different opinions in your paper means you are no longer a real news paper.

This is the end for you guys. Firing someone for allowing different opinions in your paper means you are no longer a real news paper. It’s been fun. You had a good run. The best in fact. R.I.P. 🙏 https://t.co/yAcXpXKyFL — Seán Ono Lennon (@seanonolennon) June 8, 2020 Opinion Editor at @nytimes just walked out. … Read more

CONFIRMED: THEY DISMANTLED the POLICE!

#BREAKING Minneapolis police to be dismantled: city council pic.twitter.com/KiBulcaIHJ — AFP News Agency (@AFP) June 8, 2020 WELL, THERE’S A HEADLINE THAT GETS YOUR ATTENTION: Minneapolis City Council Members Announce Intent To Disband The Police Department, Invest In Proven Community-Led Public Safety. Related: Would Joe Biden defund the police? It is worth giving abolitionists a hearing. It is … Read more

This Is Exactly What Is Going To Happen If Police Departments Are “Disbanded” Or “Defunded” All Across America…

by Michael Snyder By now, you have probably heard that the Minneapolis City Council plans to completely disband the Minneapolis Police Department, and other major cities are considering significant cuts to the funding that their police departments receive.  Needless to say, such moves will only make our streets even more unsafe, but a lot of people … Read more

NYPD COMMISSIONER RESIGNS along WITH 800 OFFICERS

💥❗️❗️#BREAKING❗️❗️💥sources reporting that #NYPD Commissioner and Chief Of Department are resigning and between 300 and 800 officers are retiring immediately. 💥💥💥💥💥💥💥💥💥💥💥 — Jonathan T Gilliam (@JGilliam_SEAL) June 7, 2020   If you live in NYC, get out NOW. While you still can. The police force is about to collapse. ( https://twitter.com/thejtlewis/status/1269016484350701569     AC

Trust The Experts. They Know The Science.

Yes, it's a real quote. pic.twitter.com/dSiFfJqWfR — 🥷🦅Austin Petersen 🇺🇲🥋 (@AP4Liberty) June 6, 2020 Listen, I’ve been avoiding this language, but this is downright demonic. There is something genuinely fire-and-brimstone evil about shamelessly pushing some of these insane, obvious falsehoods and carving out arbitrary exceptions for this behavior vs. that behavior. I keep calling these … Read more

MODIFIED LIMITED HANGOUT CONCLUDES:

● Shot: Congressional Democrats rebut Trump charge they want to defund police. —Headline, the Washington Examiner, Thursday. ● Chaser: Majority of Minneapolis City Council signs pledge to disband police department. —Headline, the Washington Examiner, today. ● Hangover: NRCC turns up heat on vulnerable Democrats over [Ilhan] Omar’s call to abolish police. —Headline, The Hill, Friday. AOC’s tweet is also included in article: “If police … Read more

Users of the trading app Robinhood have underperformed the market by 4% in the past year on average. Dashboard tracking what’s currently being bought and sold in the comments.

by pdwp90 Here’s a link to the dashboard I built tracking what Robinhood users have been buying and selling recently: https://www.quiverquant.com/sources/robinhood My data source only includes stock holdings, so unfortunately wild options plays from the likes of WallStreetBets are not included. Data Source: Robintrack.net Tools: Python

Always check your paystubs

by DrinkinTheGoKu-laid​ I work for a company that has 2 locations. I would received 1 paycheque with all my hours combined into one. One week I worked 50 hours & thought my OT pay was gonna be nice and juicy. When I got my cheque it was surprisingly lower than expected. I looked at my … Read more

Always replace the word “economy” with “stock market” and everything Trump and the Fed says makes sense

https://twitter.com/GreekFire23/status/1269778020333690880 This puts @federalreserve in a really tough position.Will they feel it necessary to jam stocks up +1% or +2% on Sunday night? Let us all empathize with difficult decision they face. https://t.co/UyXCJoMpgg — Chris Martenson (@chrismartenson) June 6, 2020 Oh. Look. What a surprise! @federalreserve is starting with a 0.7% pop in the S&P, … Read more

Stop thinking of your debt in terms of your yearly salary, think of it in terms of your salary after taxes and living expenses.

by schoolofhanda A friend of mine is $15,000 in credit card debt. She explained that it doesn’t seem like that much because she makes $85,000 per year. Upon further investigation we determined that at her current lifestyle, she is only left with $400 per month after tax, mortgage/rent, food, insurance, phone, gas, entertainment, clothing, etc … Read more

TJX Calls

by boolean_10 What is TJX -> It’s a company that owns TJ Maxx, Marshalls, and Homegoods. These are discount stores that sell clothing and assorted other stuff, mostly to women. They do well when the economy is strong, weak, neutral, etc. They recovered fast after the financial crisis. “and as e-commerce can’t replace the off-price … Read more