AMC has ‘substantial doubt’ it can survive… AMC has “substantial doubt” it can remain in business after shuttering all of its locations during the coronavirus pandemic. The company revealed that its revenue had fallen to $941.5 million in the first quarter, a nearly 22% drop from the $1.2 billion it garnered in the same quarter … Read more
REDDIT Slammed By Former CEO For ‘Amplifying’ Racism, Hate… Former Reddit CEO Ellen Pao harshly criticized the tech company on Tuesday after it published an open letter condemning racism, with Pao saying the social network knowingly makes money off hate. “You don’t get to say BLM when reddit nurtures and monetizes white supremacy and hate all day long,” Pao … Read more
via rushlimbaugh RUSH: Here is Gerard in Atlanta as we head back to the phones. Great to have you, Gerard. Hello. CALLER: Thanks, Rush. Thank you for everything you do. A quick follow-up question regarding you talking about California and New York, and what I can imagine gonna be a large exodus of both people and … Read more
Everybody has their own preferences when it comes to buying a new car. Some people want to buy the latest and greatest model, while others are just looking for a means of transportation. Those who don’t want the newest model typically want to save money as well. Older models and used cars typically run just … Read more
https://twitter.com/JohnWHuber/status/1268191373812998144 Senator Lindsey Graham is executing the familiar chaff and countermeasure approach to cover-up the former administration surveillance abuses. https://thedonald.win/p/FysRT9V4/rosenstein-is-absolutely-implodi/c/ https://thedonald.win/p/FysRT9V4/rosenstein-is-absolutely-implodi/c/
via stltoday: ST. LOUIS — The more than 30 people arrested during two nights of protests in St. Louis have been released from jail, a police spokeswoman said Wednesday. The release of the 36 drew a rebuke from Missouri Attorney General Eric Schmitt, who criticized city prosecutors. Two were released after being issued a summons, eight were … Read more
by jessefelder The following is an excerpt from a recent Tactical ETF Portfolio update featured on The Felder Report Premium. Stocks rallied another 4.5% in May, taking their total gain from the March lows to 39%. When we put this result into the context of an estimated 52.8% annualized decline in GDP during the current quarter … Read more
Authored by Sven Henrich via NorthmanTrader.com, Well, they’ve done it again. The Fed has once again managed to erase the larger market pain. This time it was not the standard correction that was erased, this time they erased a market crash as $NDX is trading at all time human history highs. I, for one, have to … Read more
Complacency can breed arrogance.@DiMartinoBooth @paranoidbull "I think that there’s a lot of complacency on what liquidity can accomplish when it comes to fixing solvency-related and asset valuation-related excesses.”https://t.co/8HvDN7B4Xb — Markets-like people-should be free-TQN-👑 (@TechQn) June 3, 2020 https://twitter.com/asymmetricalpha/status/1268198373854785541 2020: -US & Iran on the brink of a war-Virus outbreak-Recession starts-Oil prices go negative-40M people unemployed-Fed … Read more
Democrat mayors during #coronavirus: -You can’t open your business-You can’t go to church-You can’t buy a gun Democrat mayors during riots: -Won’t protect your business -Won’t protect your church-And of course, still don’t want you to have a gun — Rep. Jim Jordan (@Jim_Jordan) June 3, 2020 CNN is the propaganda wing of antifa. Democrats … Read more
The BIS long has acted on behalf of the Federal Reserve and has done so via swaps and crucially has been prepared to take on credit risk. This invites… by Robert Lambourne via the Gold Anti-Trust Action Committee (GATA) By Robert Lambourne Tuesday, June 2, 2020 According to its recently published March and April statements of account — https://www.bis.org/banking/balsheet/statofacc200331.pdf … Read more
by The Phoenix Stocks continue to ignore 40 million unemployed, an economic depression, and societal collapse/ riots. The S&P 500 rallied yesterday to test major resistance at 3,100. The market is nearing the point of its rising wedge. A big move is coming. The VIX is also warning us that a big move is coming. It … Read more
Tucker Carlson On The Violence Against Cops By The Mob "For 38 years David Dorn was a police officer in the city of St. Louis. No one ever accused Dorn of racism, he was black. He's dead now, he was murdered last night by the mob." pic.twitter.com/hszxwYSn7h — The Columbia Bugle 🇺🇸 (@ColumbiaBugle) June 3, … Read more
Trading volume is EXTREMELY low… by Harvey Organ of Harvey Organ Blog JUNE 2// A LITTLE RAID ON EXTREMELY LIGHT VOLUME (HAS SOME OF OUR MAJOR TRADERS LEFT FOR LONDON?)//GOLD DOWN $11.20 TO $1726.40//SILVER DOWN 31 CENTS TO $17.95//CLOSE TO 150 TONNES OF GOLD STANDING AT THE GOLD COMEX//2.0 MILLION SILVER OZ STANDING AS WELL//CORONAVIRUS UPDATES//TED BUTLER…IMPORTANT PIECE///UPDATES … Read more
Here are a couple reminder h/t Jake
https://www.youtube.com/watch?v=p-VvG9C3uOw My experience trying to tell people the truth
We are living in the early stages of failed central planning. Bear markets unfold when social mood turns decidedly negative. Past episodes of currency destruction have been sponsored by academic elite. Thanks for listening to this week’s McAlvany Commentary. The objective of McAlvany Weekly Commentary is to provide investors with valuable monetary, economic, geopolitical and … Read more
The Government is managing the economy through government debt and the Fed printing money. There’s no better example of why they do this than when the Fed announced it would create limitless amounts of money in March 2020. Had the Government not printed money, the U.S. would have certainly fallen into a depression. The question … Read more
by Michael Lebowitz and Jack Scott Why The Recovery Will Fall Short of Forecasts Market pundits seem to have strong opinions about how fast or slow the economic recovery will be once it starts. Such clairvoyance is stunning given the uncertainty of the current GDP forecast, which is already two-thirds in the books. If the … Read more
