BURN IT DOWN

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by Jim Quinn https://twitter.com/esaagar/status/1266766815801364483 .@BaltimorePolice just knocked out a Black woman in downtown. pic.twitter.com/OwMkzm9w0B — Kwame Rose (@kwamerose) May 30, 2020  

Are Investors Too Optimistic About A Recovery?

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by Michael Kramer People tend to overlook the long-term damage being done to the economy. They think we will just have a “V” shaped recovery or a “U” shaped recovery, and things will be fine. I’m sorry, that is just not how it works. Recessions create output gaps, and those output gaps mean that the … Read more

Who has standing to bring the Fed to court over their illegal purchases of junk bond ETFs?

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I’m no attorney. I’d think it would have to be at the federal level though. This violates checks and balances by mixing the executive branch in with a Congressionally mandated independent agency. — Danielle DiMartino Booth (@DiMartinoBooth) May 31, 2020 Major Central Bank Balance Sheets end the month with new records: Total Assets: $20.74 Trillion … Read more

Governor of the largest state in the US unequivocally endorses the ostensible motivating cause for the protests/riots. Joe Biden campaign staffers were publicly donating to post bail for the lawless miscreants!

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Governor of the largest state in the US unequivocally endorses the ostensible motivating cause for the protests/riots https://t.co/sypqA2ZxLy — Michael Tracey (@mtracey) May 31, 2020 If you’re understandably irate that your city was trashed by rioting derelicts last night, consider that Joe Biden campaign staffers were publicly donating to post bail for the lawless miscreants! … Read more

The insolvency phace has begun… Businesses will start falling… Destroying jobs in the process… People are already missing on their mortgages… Citi warns markets are out of step with grim reality

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https://twitter.com/TetotRemi/status/1267074176780812289 https://twitter.com/TetotRemi/status/1267074181008707586 Citi warns markets are out of step with grim reality https://t.co/xt7KMeAz0L — Finance News (@ftfinancenews) May 31, 2020 When something looks too good to be true, dig deeper. You can't smooth the variation away first and then report a correlation or p-value as though the smoothed data is the raw data. https://t.co/TAYRv9MMjr pic.twitter.com/aJBIyfDekP … Read more

CHINA Is EVACUATING ALL CHINESE STUDENTS IN THE USA!

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"3. Recently, citizens reported that they were interrogated by the US border customs law enforcement officers for a long time and checked the mobile phones, computers and other electronic devices they carried with them when they left the country. pic.twitter.com/Mm3ZV5R2cO — Xy5Z89🇩🇪🇪🇺🇺🇦 (@Xy5Z89) May 30, 2020  

Minneapolis Mayor Jacob Frey: “This is about violence, and we need to make sure that it stops. We’re in the middle of a pandemic right now. We have two crises that are sandwiched on top of one another.”

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Minneapolis Mayor Jacob Frey: “This is about violence, and we need to make sure that it stops. We're in the middle of a pandemic right now. We have two crises that are sandwiched on top of one another.” https://t.co/E7wxiopvRT pic.twitter.com/RVQ4lTZoYj — CNN (@CNN) May 30, 2020 Coronavirus latest: Pandemic not a time for protests, says NYC mayor https://t.co/XSFYjUycNu — Financial Times … Read more

Living in the USA is “life threatening” if you become ill and have to pay the fake bills presented to you.

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Living in the USA is "life threatening" if you become ill and have to pay the fake bills presented to you. https://t.co/FbX9dWtZ1P — Stare Decisis (@MsResJudicata) May 30, 2020 He's a school teacher in Colorado. You know he barely gets by.Both he and his wife survived #COVID19.Then the bills came. You won't believe what it … Read more

My heart breaks for the city I love so much.

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https://twitter.com/QTRResearch/status/1266855464341393408 https://twitter.com/GrantB911/status/1266855348520058883 An ARMY of volunteers in Minneapolis helping neighbors clean up business damage. “Bring a broom” they were told. What a sight. pic.twitter.com/OjzXpEXCLk — Matt Finn (@MattFinnFNC) May 30, 2020 Could be another ugly night 🙏 https://t.co/h6m7UMBA4z — Reminiscences of an American Capitalist (@4Awesometweet) May 30, 2020 “We support the right of peaceful protestors, … Read more

Bear Calendar Spread Puts, long-term

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by herk_destro Date/Strike Value Days to Expire price/days to expiry 6/19 @ 2800 15.60 20 0.78 7/17 @ 2800 41.50 48 0.86 8/21 @ 2800 72.20 83 0.87 9/18 @ 2800 93.50 111 0.84 10/16 @ 2800 112.10 139 0.81 11/20 @ 2800 138 174 0.79 12/18 @ 2800 153.1 202 0.76 1/15 @ 2800 … Read more

Peter Boockvar: The Future Is Stagflation!

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George Gammon, Released on 5/30/20 Peter and George take a deep dive into stagflation, inflation, deflation and what that means for the US dollar, commodities and gold. How will the lockdowns and the reopening affect the economy long term? Will YOUR LIFE ever be the same? Peter Boockvar is the Chief Investment Officer of Bleakley … Read more

El-Erian Says Talk of Yield-Curve Control, Negative Rates Is ‘Sobering’

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Bloomberg, Released on 5/29/20 Mohamed El-Erian, chief economic adviser at Allianz and a Bloomberg Opinion columnist, says talk of more unconventional monetary policies makes central banks feel forced to do more. Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of … Read more