Investment Watch Blog

https://finance.yahoo.com/news/analyst-who-predicted-markets-40-rally-predicts-these-stocks-will-lead-to-alltime-highs-200846029.html When the stock market was in free fall back in March, Fundstrat Global Advisors founder Tom Lee made the bold call of a 25% rally by April. He was right. After that, he predicted a 50% recovery of the losses caused by the coronavirus pandemic would signal an “all-clear” that would accelerate gains to … Read more

Breaking: The entire Buffalo Police Department's Emergency Response Team, which has 57 members, resigned in solidarity with two officers who were suspended for throwing a 75-year old man to the ground during protests. — PM Breaking News (@PMBreakingNews) June 5, 2020   https://www.wgrz.com/article/news/buffalo-police-emergency-response-team-members-resign-from-special-position/71-37d425ad-13ae-4771-bba1-e59da88fb93a

by SiniXster the Dread BLM has planned a protest in my city beginning Saturday afternoon. The suburb I live in is a predominantly white, mid/upper-mid class area with no real police brutality issues to speak of. As well, the staging area for this “protest” is called the Golden Circle, a major shopping district on a main … Read more

Donald J. Trump @realDonaldTrump The incompetent Mayor of Washington, D.C., @MayorBowser, who’s budget is totally out of control and is constantly coming back to us for “handouts”, is now fighting with the National Guard, who saved her from great embarrassment… The incompetent Mayor of Washington, D.C., @MayorBowser, who’s budget is totally out of control and … Read more

George Floyd’s funeral is expected to have hundreds or thousands of attendees, including high profile politicians like Biden. Meanwhile people have not been allowed to go to their own family members funerals because attendance was capped due to COVID. — Matt Walsh (@MattWalshBlog) June 4, 2020 Clown World Virus     h/t GR

by Playaguy   It’s almost like they are willing to sacrifice entire neighborhoods in the name of protests. Oh, and don’t forget insurance companies are rich because they don’t pay out, not because they do. AMID DEMONSTRATIONS, LIBERAL ELITES PRAISE VIOLENCE AS PROTEST TOOL: There’s an astonishing story in the Boston Globe-Democrat — it’s hard … Read more

  BlackLivesMatter Official Web Site Lists Destroying the “Western-prescribed nuclear family structure” as One of Their Goals “We disrupt the Western-prescribed nuclear family structure requirement” View post on imgur.com https://blacklivesmatter.com/what-we-believe/   UPDATE: Now Covered by Tucker Carlson Tucker Carlson Calling Out The Corporations Sponsoring These Riots "The Black Lives Matter foundation says that one of … Read more

The coronavirus pandemic has produced “one of the greatest wealth transfers in history,” CNBC’s Jim Cramer said. “The bigger the business, the more it moves the major averages, and that matters because this is the first recession where big business … is coming through virtually unscathed,” the “Mad Money” host said. “I think we’re looking at … Read more

by UPFINA On the one hand, the consumer had deleveraged this past economic cycle. However, many people were still hurting. The bottom 50% which don’t own stocks are mostly struggling. In the recent expansion there was much less bad housing debt compared to the prior cycle. The 2000s was probably the worst period for consumers’ balance … Read more

OMFG – this is the level of @cnbc’s analysis. It’s beyond laughable they published this chart. Is it April 1st? Do they even understand WHY this chart is so misleading? https://t.co/q78iON80De — Dr. Chris Dark (@Darky999) June 5, 2020 This is the same dynamic as why people misinterpret PMIs too. MoM vs absolute numbers — … Read more

https://www.federalreserve.gov/releases/h41/current/ Scroll down to 4. Consolidated Statement of Condition of All Federal Reserve Banks The takeaways are the following: The fed bought $24B in US treasury securities over the last week. The total amount of treasuries in the balance sheet stands at $5.9T No change in the amount of commercial paper. The total amount of … Read more

https://www.nytimes.com/interactive/2020/06/05/upshot/what-the-pandemic-unemployment-rate-leaves-out.html The Department of Labor announced Friday that with a “limited resumption of economic activity,” 13.3 percent of Americans were unemployed in May. Though still high by historical standards, that’s down from 14.7 percent in April, and a pleasant surprise to many economists, who were expecting a figure closer to 20 percent. But this statistic … Read more

via mises In responding to the coronavirus threat, governments around the world have committed themselves to a series of harmful and largely unnecessary policies which are likely to plunge the world into a prolonged economic depression. In the UK, the effect of our lockdown has been severe, with thousands of businesses, millions of jobs, and billions in … Read more