Liquidity is the excuse not to understand anything.

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https://twitter.com/Techs_Global/status/1266048279315451905 BLACKROCK'S LARRY FINK SAYS MARKETS ARE ASSUMING A LOT OF GOOD NEWS AT THIS MOMENT — *Walter Bloomberg (@DeItaone) May 27, 2020 https://twitter.com/MacroTechnicals/status/1266049478076874753 #recession … US #Corporate #Earnings edition https://t.co/msy2bFPLoL — Invariant Perspective (@InvariantPersp1) May 28, 2020 Investors’ appetite for junk bonds is growing as retail funds are expected to add about $6 billion … Read more

Is Hong Kong really over as a financial centre?

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by Shaun Richards Today I thought I would take a slightly different tack and look at a potential shift in world financial markets. It concerns a place that for many years has had an economic party based on “location, location, location” as Hong Kong has been a sort of add-on to China. We have previously … Read more

Russia Ready To Boost Production As Soon As OPEC+ Deal Ends

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By Tsvetana Paraskova Russia’s government approved on Tuesday a plan to have new oil wells drilled this year and next for 2022 production, the office of First Deputy Prime Minister Andrey Belousov said in a statement. A Russian government commission backs the proposals of the energy and finance ministries to create a ‘fund of uncompleted wells’ with … Read more

China removes phrase ‘peaceful reunification’ from Taiwan document

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Beijing has removed two keys words from an annual government report. And it could spell trouble for tens of millions of citizens. Beijing has removed references to “peaceful reunification” with Taiwan from its annual work report, signalling the country will take a stronger stance against the island territory. The past six work reports since President … Read more

Doug Casey on Whether You Should “Buy the Dip”

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Via International Man International Man: The government’s reaction to the global pandemic has led to an unprecedented economic, political, and social decline. Can you talk about the financial risks you see unfolding in the months ahead? Are we headed for a debt crisis? Doug Casey: It’s not just a crisis. It’s a depression, and it’s … Read more

Pelosi’s HEROES Act Fails Unemployed Americans, Favors Illegal Aliens with Daniel Greenfield

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from Financial Survival Network Daniel Greenfield joined us to discuss the latest in the recovery. Who are Speaker Nancy Pelosi’s Heroes? Based on the $3 trillion HEROES Act that House Democrats have just unveiled, the answer is illegal aliens and criminals. While the HEROES Act pretends to be about Coronavirus relief, its focus is on immigration. With … Read more

Do the Math: The U.S. is an Insolvent Zombie Nation

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YouTube/PeterSchiff, Released on 5/27/20 Topics: Market rallying on hope and hype. Trump’s odds of winning re-election continues decreasing. Chinese trade deals unwind. Stimulus more dangerous than virus. Everything that can go wrong, likely will go wrong, all at the same time. American taxpayers stuck with 8 years of tax debt and counting. We are a … Read more

You might be able to get a haircut in Chiraq on Friday!

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by DCG Yet if you are Mayor Lori Lightfoot, that was NEVER a problem for you in the first place. Good news, people of Chiraq – you will be allowed to get a haircut! With RULES, of course. Rules that DON’T apply to your good mayor. MyFoxChicago reports that this Friday barbershops will have very specific requirements to reopen and cut your … Read more

MSM: Sprawling Maya network discovered under Guatemala jungle!

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Article, from 2018: Researchers have found more than 60,000 hidden Maya ruins in Guatemala in a major archaeological breakthrough. Laser technology was used to survey digitally beneath the forest canopy, revealing houses, palaces, elevated highways, and defensive fortifications. The landscape, near already-known Maya cities, is thought to have been home to millions more people than … Read more

How the U.S. Could Really Hurt China: Scrapping the privileges the U.S. affords Hong Kong would downgrade the city’s economic role, but a broader basket of financial sanctions could be even more painful for China

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Scrapping the privileges the U.S. affords Hong Kong would downgrade the city’s economic role, but a broader basket of financial sanctions could be even more painful for China The U.S. determination that Hong Kong is no longer autonomous from mainland China has significant implications for the city’s exporters and businesses. But that could pale in … Read more

Q1 GDP vs Q1 2008

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by NineteenEighty9 Source Short Greece?     Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.