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
by Empire_Building101 The Ratio of the Market Capitalization or the entire stock market to GDP tells us that publicly traded companies are valued at 43.6% more than the value of all goods and services in the US. Current market valuation statshttps://t.co/HNEEWCw5SD pic.twitter.com/HBIyQxIloM — M/1_LP (@MI_Investments) June 3, 2020 Just to put things into perspective. US stocks … Read more
As per @OxfordEconomics’ global risk survey, most respondents believe global recession will last 3 quarters @SoberLook pic.twitter.com/GzCfefwlhO — Liz Ann Sonders (@LizAnnSonders) June 3, 2020 https://twitter.com/MacroTechnicals/status/1268134869995081728
by Martin Armstrong In the Gulf, states are facing bankruptcy. Oman can hardly even pay his electricity bill. The IMF has been now lobbying to defer emerging-market debt for one year. We have been able to confirm from behind the curtain that more than 100 nations have asked the IMF for help. The sheer stupidity of this coronavirus lockdown … Read more
by Selco Begovic When highly organized force with a mission, resources, a plan, and the will go to finish a task usually there is no reasoning with that force, or explaining that you are trying just to prove some point, or you are just filming, taking selfies or holding a cardboard sign. When that force … Read more
Savage. Police officers faked kneeling to draw rioters in close and get them to kneel before hitting them with tear gas (allegedly). https://t.co/7cA4BGjfIR — Ian Miles Cheong (@ianmiles) June 3, 2020 Savage. Police officers faked kneeling to draw rioters in close and get them to kneel before hitting them with tear gas (allegedly). https://t.co/7cA4BGjfIR — … Read more
Something you won’t see on the MSM I saw a similar video of an elderly black man asking the rioters similar questions. Very powerful. And very sad that so many people are being used and so much needless destruction is occurring. AC
For those of you who still think the stock market has anything whatsoever to do with the economy. 🤯👇 https://t.co/OYVijuRSAy — George Gammon (@GeorgeGammon) June 3, 2020 With Q1 earnings season ending, scorecard doesn’t look great … % of S&P 500 members beating profit estimates as measured by @bloomberg at lowest since 2012 pic.twitter.com/gb8YVU9bCD — … Read more
"While 91% of Chinese cos have reopened, 2/5 are operating at under 50% capacity according to Chinese business surveyor @ChinaBeigeBook. W/the world shutdown there's no one to sell to."@lopezlinettehttps://t.co/EMpE15W5mW — China Beige Book (@ChinaBeigeBook) June 3, 2020 #China's Caixin #services PMI for May comes in at 55, vs expected 47.3, previous 44.4. — YUAN TALKS … Read more
The MSM is making a big deal that George Bush is speaking out against racism and Floyd, like he was such a better POTUS than President Trump. People have such short memories. Bush’s statement: [/youtube] Travel back in time with me to hurricane Katrina. Do you remember the people in New Orleans being packed into … Read more
by BlueLight03 Links: Coronavirus Updates by ABC News:Â https://abcnews.go.com/Health/coronavirus-updates-us-reports-21000-cases-amid-mass/story?id=71014105Â (scroll down to 5:50 P.M.) Full article on it:Â https://www.buzzfeednews.com/article/danvergano/coronavirus-dog-us-first
by healrstreettalk Below is a summary of trends from yesterday (as of late EST). Starting with the Global stats for a broad overview. Then stats for the USA. Also, now that we’re starting to have enough data to see more distinct patterns emerging, I’ve decided to include the death rates for the country attempting the largest herd immunity … Read more
Watch the latest video at foxnews.com Intelligence sources pointed out that indictments have been building for some time, and a close examination of funding revenues remains under the microscope. While Antifa operates as something of a leaderless militant wing, sources closely engaged in the matter said that there are identifiable top brass driving and inciting … Read more
VIDEO: “LA Rioter Lights Explosive on the Street Gets it Thrown Back Into His Car” #InstantKarma
This scenario may seem far-fetched given the long-standing dominance of the dollar. But in late April, China reached a significant milestone: after more than five years of research by its central bank, China became the first major economy to conduct a real-world test of a national digital currency. The pilot project, which is occurring in four … Read more
Macroeconomic analyst Rob Kirby says dollar debasement is all part of the globalist plan to destroy America because it stands in the way of the Marxist/communist inspired New World Order. This is what the rioters tearing America’s cities apart are doing in the name of race, but it is in fact being done by the … Read more
https://www.youtube.com/watch?v=JOXdaVU4HrI
https://www.youtube.com/watch?v=lFvA_493DYg https://www.youtube.com/watch?v=yt3E5KLRUL4 https://www.youtube.com/watch?v=BQkHU9hOlL8