Long Term Economic Pain Ahead

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by reddit_user456 https://www.nytimes.com./2020/06/06/upshot/coronavirus-economic-crisis.html Interesting Article, a quick summary: Things most of us here are already aware of : $500 billion PPP and temporary lay-off play big roles in the new employment numbers Many layoffs happening in industries not affected by the pandemic, indicating rippling effect on demand Other interesting economic events: New orders for manufactured … Read more

Famed investor Stanley Druckenmiller says he was “far too cautious” on the recent market rally and underestimated how far the Fed would go. “I was up 2% the day of the bottom and I’ve made all of 3% during the 40% rally. I’ve missed a great opportunity here.”

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by achicomp Even billionaire investors are caught out like retail bears. Back on May 12: https://www.cnbc.com/2020/05/12/risk-reward-for-stocks-is-maybe-as-bad-as-ive-seen-it-stanley-druckenmiller-says.html Legendary investor Stanley Druckenmiller says he doesn’t like the way the market is set up Hedge fund manager Stanley Druckenmiller told the Economic Club of New York on Tuesday that, “the risk-reward for equity is maybe as bad as … Read more

Friendly Alert: Greed Index Now: 69 Very GREEDY (was 59 this morning) !

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by BuzzLima Be Careful Greed Index Now: 69 Very GREEDY https://money.cnn.com/data/fear-and-greed/ Greed returns to Wall Street as stock market rebounds https://www.cnn.com/2020/06/01/investing/fear-greed-index/index.html Greed overtakes fear in the stock market, but don’t be lured into this short-lived rally https://www.marketwatch.com/story/greed-takes-over-fear-in-the-stock-market-but-dont-be-lured-into-this-short-lived-rally-2020-04-07 Buy Fear, Sell Greed: A Simple Phrase to Make Money https://www.thebalance.com/how-fear-and-greed-make-money-4118989 Remember, Fools Buy when Cabal Sells… See chart https://i.pinimg.com/564x/60/a3/90/60a390ae9ba44ccab4638bc3318b55f0.jpg     … Read more

“Don’t forget. The Fed can’t print jobs and the Fed can’t print cash flows.”

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"Don't forget. The Fed can't print jobs and the Fed can't print cash flows." @KeithMcCullough @Hedgeye — Ken McCarthy (@KenMcCarthy) June 8, 2020 🤔👇🤦‍♀️ pic.twitter.com/X2hxsvFJLI — M/1_LP (@MI_Investments) June 8, 2020 Atención!! https://t.co/T6M6RlRIcx — Danielle DiMartino Booth (@DiMartinoBooth) June 8, 2020 U.S. will see 'meaningful recessionary impulse' if more than 40% of jobs are permanently … Read more

I’m sure it’s NOTHING.

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I’m sure it’s NOTHING. https://t.co/btC0Pfk373 — Danielle DiMartino Booth (@DiMartinoBooth) June 8, 2020 What happens if/when a second wave occurs? Watch Arizona, cases are surging now and their hospitals are now at their limit. How will they flatten the curve? Another shutdown? Or, will they go the Sweden route and do nothing? https://t.co/30Ob6wnWRF pic.twitter.com/3V7wDjDqKT — … Read more

Police went on strike in 1919 and mass violence and looting took over Boston for 9 days. Governor Calvin Coolidge’s response propelled him to the White House. “There is no right to strike against the public safety, anywhere, anytime,”

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via americanthinker Nothing better reveals the depth of the madness afoot in the land than the demands to defund or completely abolish the police.  It’s bad enough for airhead celebrities, something worse for the formerly prestigious New York Times, and downright alarming for office-holders state and federal to indulge the fantasy that the thin blue line is all the separates us from anarchy, … Read more

SCOTT ADAMS: The most powerful form of persuasion is fear. Democrats are simultaneously proposing eliminating the police while other Democrats are beating people to death on video.

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The most powerful form of persuasion is fear. Democrats are simultaneously proposing eliminating the police while other Democrats are beating people to death on video. The GOP campaign ads write themselves. — Scott Adams (@ScottAdamsSays) June 8, 2020 Why is there a major push to “defund police”. Do people not see how idiotic that is? … Read more

OUCH! President Trump RIPS Into RINO Senator Lisa Murkowski With BRUTAL Takedown!

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https://www.youtube.com/watch?v=gGky-nUBZwg&list=WL&index=2&t=0s Cristina Laila from The Gateway Pundit reports, President Trump on Thursday evening ripped into RINO Senator Lisa Murkowski of Alaska. Former Trump administration Secretary of Defense Gen. James Mattis blasted President Trump over his handling of the George Floyd protests and riots in comments published by the Atlantic on Wednesday. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2020/06/president-trump-rips-rino-senator-lisa-murkowski-vows-travel-alaska-campaign/

“SYSTEMIC RACISM,” POLICE VIOLENCE, AND URBAN DECAY ARE ALL THE PRODUCTS OF MONOPOLY DEMOCRAT RULE:

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via nationalreview Who is responsible for the mess in Minneapolis? The answer to that question is not unknowable — but it is, in many political quarters, unspeakable. Minneapolis’s municipal government, its institutions, and its police department are what they are not because of the abstract Hegelian forces of capital-H History, but because of decisions that have … Read more

“We are getting to the point where narratives are more important than truth,” Schaffer said. “And the truth when inconvenient makes you a hateful person. This is 1984.

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Unbelievable. This is just crazy.               Facebook-owned Instagram is now censoring FBI crime statistic graphs as “hate speech,” according to Blaze TV’s Elijah Schaffer. “Instagram is now removing FBI crime statistic graphs,” Schaffer said Saturday on Twitter. “Posted with the necessary citations [as] ‘hate speech.’” “We are getting to … Read more

Everyone forgot Obama planned a national security force….this will replace police!

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by TheTruthNeverLies “We cannot continue to rely on our military in order to achieve the national security objectives we’ve set. We’ve got to have a civilian national security force that’s just as powerful, just as strong, just as well-funded,” Obama said in July 2, 2008. https://yaliberty.org/news/obama-calls-for-civilian-force-as-large-as-the-military/ THIS IS WHY WE ARE SEEING THE DEFUNDING OF POLICE. … Read more

DON’T TRUST CHINA. CHINA IS ASSHOLE. Satellite data suggests coronavirus may have hit China earlier: Researchers.

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via ABCNEWS: Dramatic spikes in auto traffic around major hospitals in Wuhan last fall suggest the novel coronavirus may have been present and spreading through central China long before the outbreak was first reported to the world, according to a new Harvard Medical School study. Using techniques similar to those employed by intelligence agencies, the … Read more