Volatile market decline to soon begin
by Michael Markowski The Bear Trader, a spin off from the Bull & Bear Tracker, is ready to profit from a sudden and swift correction for the market which will soon arrive. The charts below are the danger signs which indicate that the speculative animal spirits are alive well. The chart below depicts that the … Read more
Mapping Civil Unrest in the United States (2000–2020)
by visualcapitalist Note: Due to widespread nature of protests related to the killing of George Floyd, we only evaluated the 32 urban areas in the U.S. with populations of 1.5 million or more. Protests are a regular feature of democratic society, but they can occasionally cross over from non-violent demonstrations into civil unrest. Even protests that … Read more
Minsky Melt-up Explained?!?
by C Hamilton America (and the world at large) are in the midst of an entirely predictable demographically driven crisis, between an economic/financial system requiring infinite growth and a very finite human/physical world. This mismatch will only become more acute for decades to come. As the growth of demand is decelerating, central banks are using … Read more
CEOs Bank Big Bonuses As Oil Companies Go Bankrupt
By Alex Kimani When public oil and gas companies are doing relatively well, many are happy to adopt a pay-for-performance model to reward CEOs and executives. However, the tables are quickly turned when things go to the dogs. When these companies go bankrupt, the misery is shared by employees who lose their jobs; retirees see their … Read more
Still don’t know whos the real enemy? The years after the ’08 crash, the richest 1% took 85% of income gains. In this crisis the stock market’s down only 1%. Billionaire wealth is booming.
https://t.co/sawiMggzy8 — B. Lehman 🇺🇸 Ω (@HOOISJG) June 6, 2020 https://twitter.com/freezerohedge/status/1269354986464514053
Jamie Dimon’s bank was fined:
$13B for mortgage fraud $614M for predatory lending practices $55M+ for discrimination $31M for illegally foreclosing on military families While getting a $416B bailout that allowed him to become a billionaire He’s America’s most dangerous looter Jamie Dimon's bank was fined: $13B for mortgage fraud$614M for predatory lending practices$55M+ for discrimination $31M for illegally foreclosing … Read more
CRYBULLY MOB COLLECTS SCALP:
Stan Wischnowski to resign as The Philadelphia Inquirer’s top editor. Wischnowski, 58, led the paper over two turbulent periods in recent years, driving it, its sister paper, the Daily News and its website, Inquirer.com, to reshape themselves as the digital age transformed the news business. He was also key in the creation of Spotlight PA, a new … Read more
DC mayor does not have the power to send away National Guard: Attorney
Kevin Carroll, partner at Wiggin and Dana and Army Veteran, weighs in on National Guard use. #FoxNews
ANTIFA has arrived in DC screaming ‘F*CK TRUMP!’ In NYC BLM is blaming the Dems for their current situation…
https://youtu.be/OL4kZnYx5aw Which protest will CNN cover? FWIW, the man who on live TV issued the threat to burn down the Diamond District in NYC tonight unless his demands were met identified himself as "Ace Burns 2020." https://t.co/y2cORXB1LS — Mollie (@MZHemingway) June 6, 2020 That is straight up terrorism. He should be arrested. Today, The New … Read more
Downtown Baltimore City now boarded up. Businesses desperately try to appease the mob by painting BLM on their boards to avoid being looted.
by GuacBowls Probably safest to just leave it like that, given the way Baltimore is trending. Stay Alive. Stay out of Democrat Cities. Barr debunked this boogaloo group crap on Thursday: [6:45-9:30] “disinformation…people posing…dig a little deeper to determine exactly what’s going on.” NBD just Google Trends showing that Black Lives Matter completely vanishes between … Read more
Black Lives Matter will have armed officers; wants police defunded nationwide
by Dr. Eowyn On ABC’s Nightline on June 1, 2020, Black Lives Matter (BLM) cofounder Patrisse Cullors, who is also a TV writer, claims that “police terror” against “black communities” had gotten worse after Trump became President, and that Trump told police to hurt people. She said: “We’ve seen a ratcheting up of pushing law enforcement to be … Read more
The Cracks in the Financial System Are Getting Bigger…. Here’s What It Could Mean for Gold
Via International Man Doug Casey’s Note: In the over 30 years I’ve known him, my respect—and liking—for Frank Giustra has only grown. Not just because he’s a world-class businessman, having built Yorkton Securities into a powerhouse, and then founding Lionsgate Entertainment. More relevant to this interview, he’s a first-rate judge of the markets—one of the … Read more
Tim Pool: “I talked to someone I know who was a lifelong Chicago Democrat. They said to me ‘the only way this stops is if . . . “
Tim Pool @Timcast I talked to someone I know who was a lifelong Chicago Democrat They said to me “the only way this stops is if Trump wins a second term and Republicans take the house” The sentiment wasn’t unique to just them but it may just reflect the suburbs, still it was surprising to … Read more
Looks like everyone found the cheat code
by sunscreen777 View post on imgur.com
Warren Buffett might still be right about the airlines
by bestrongbelieve “In the short run, the market is a voting machine, but, in the long run, it is a weighing machine” -Benjamin Graham Warren Buffett has taken some heat recently over his decision to sell all of his airline stocks near their lowest point. Amid investor optimism for the return of “normal” travel behavior, … Read more
The mainstream media makes everything into right vs left… it’s all divide and conquer.
by Jim H I voted for Obama in 2008. My wife at the time went to a neighboring State to campaign. We cried when Obama was elected because we saw it as a watershed moment in US history, which in fact it was. I grew up with openly racist parents and it was and remains my … Read more
This is stunning. At the peak of speculative fervor in February, small traders bought to open 7.5 million call contracts. This week, they bought 12.1 million. Bubbly all around.
This is stunning. At the peak of speculative fervor in February, small traders bought to open 7.5 million call contracts. This week, they bought 12.1 million. Watch what people do, not what they say. They're full-bore bullish, on steroids. pic.twitter.com/T1v74xq1Of — SentimenTrader (@sentimentrader) June 6, 2020 Bubbly all around. Highest % of members above 70 … Read more
Is the 39 Year Treasury Bond Bull Market Over?
by Kimble Charting 10 Year US Treasury Bond Yield “inverted” Chart This chart should look familiar, as I’ve shared and updated it a few times to alert clients and readers. It is the 10 Year US Treasury Yield Chart… inverted. As you know, bond yields and price move in opposite directions. So this is a way … Read more