Investment Watch Blog

by elag20 Bear season isn’t over, and the market is about to get shafted. Here’s why: JPOW The fed talks recently confirmed the suspicion that the “V-shaped recovery” is a myth, and it’ll take years for the economy to fully recover from this crisis. The feds could never outright say “the market is cucked”, but … Read more

by LouisDesyjr As unbelievable as it seems, and almost sounds like an Onion story, the Federal Reserve has ‘reduced’ reserve requirements to zero as of March 26, 2020. So, why care? Because if we can ‘take over’ any depository institution, we can lend unlimited amounts of money, the sell the loans off in the secondary … Read more

by akwilliamson I opened a high interest savings account last year with Ally and have seen it do nothing but drop with reserve rates decreasing. I tracked all my rate change emails over the last year or so and documented the following: 05/21/19 – 2.20% 06/26/19 – 2.10% 08/05/19 – 1.90% 10/10/19 – 1.80% 11/13/19 … Read more

Amazon to Face Antitrust Charges From EU Over Treatment of Third-Party Sellers (WSJ): The European Union is planning formal antitrust charges against Amazon. AMZN -3.38% com Inc. over its treatment of third-party sellers, according to people familiar with the matter, expanding the bloc’s efforts to rein in the alleged abuses of power by a handful of … Read more

https://www.bbc.co.uk/news/business-53019360 The UK’s economy shrank by 20.4% in April – the largest monthly contraction on record – as the country spent its first full month in lockdown. The Office for National Statistics (ONS) said the “historic” fall affected virtually all areas of activity. The contraction is three times greater than the decline seen during the whole … Read more

by robel619 10/16/1987  

Let's put the good people behind the wheels… https://t.co/CaIro6wMPv — Michael K. Reynolds (@M_K_Reynolds) June 12, 2020

Texas hospitalizations are up 27% in the last three weeks. That is not because of more tests but because more people are sick. pic.twitter.com/riZ04weNi0 — Patrick W. Watson (@PatrickW) June 12, 2020 ⚠️AIRBORNE is the “dominant” route for the coronavirus transmission! New PNAS paper by a Nobel laureate’s group concludes this based on study of … Read more

FED SAYS COLLAPSE IN DEMAND MAY ULTIMATELY BANKRUPT MANY BUSINESSES — *Walter Bloomberg (@DeItaone) June 12, 2020 The Fed said more businesses could fail if economic activity remained weak due to coronavirus-related disruptions, leading more temporary layoffs to become permanent https://t.co/myPIRo9vRN — Real Time Economics (@WSJecon) June 12, 2020 US BANKRUPTCIES pic.twitter.com/WpS80mBzWu — Win Smart, … Read more

By Tsvetana Paraskova Oil shipments from Venezuela to China continued even after the United States tightened the screws on Venezuelan oil exports last August, threatening sanctions on all companies doing business with Nicolas Maduro’s government, Reuters says in a special report, quoting ship-tracking data, PDVSA documents, and oil analysts. According to Reuters’ findings, even after the … Read more

by i-like-glitter-a-lot Never forget when a VPN provider bought a full page ad in The NY Times calling out 50 senators who voted to monitor our internet activity. byu/SUBTOPEWDSNOWW innextfuckinglevel It’s from 2017, they are trying to renew it though and would you look at that, it passed 80-16, iirc 14 Dems and 2 Rep … Read more

by  CatherineAcevedo When the US senate was deliberating on coronavirus in the early days of the pandemic many of them sold shares which later tanked. I haven’t heard any news of this recently. Rep. susan davis sold shares in airlines and cruise ships the day the US reported it’s 10th case, a full 2 weeks … Read more

Today I am declaring racism a public health crisis in the @CityofBoston. The health impacts of historic and systemic racism are clear in our #COVID19 case numbers, and the impacts go far beyond the current crisis. pic.twitter.com/KO18NKMnjC — Mayor Marty Walsh (@marty_walsh) June 12, 2020