Next release: Existing-Home Sales data release for April 2020 is scheduled for Thursday, May 21, 2020. https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales https://fred.stlouisfed.org/series/MSACSR AC
https://twitter.com/TenYearNote/status/1262888028533477376 https://twitter.com/ThinkTankCharts/status/1262828860233695233 In Georgia, where restaurants have been open for three weeks, bookings are still down by 84% https://t.co/fqlY1AT9Xr — The Economist (@TheEconomist) May 20, 2020 The retail sales report in the US suggests a disastrous fall in personal consumption which amounts to 70% of GDP. @yardeni via @SoberLook pic.twitter.com/a2jTxJ5mXr — Adam Tooze (@adam_tooze) May … Read more
https://twitter.com/asymmetricalpha/status/1262878808614502400
Record leverage. Small caps have never been so indebted relative to EBITDA. More importantly: Russell 2000 stocks now trade at a historic 15x EV to 2020 EBITDA estimates! Stunning level of optimism priced in the markets these days. pic.twitter.com/gsDjqcdRXz — Otavio (Tavi) Costa (@TaviCosta) May 19, 2020
Trump says Pelosi has ‘mental problems’ after ‘morbidly obese’ comments Donald Trump refused to directly respond to Speaker Nancy Pelosi’s criticism over his decision to take an unproven malaria drug to prevent coronavirus because he is “morbidly obese,” but minutes later he accused her of having “mental problems.” “I don’t respond to her,” the president … Read more
Road To Roota, Released on 5/19/20 The Federal Reserve has grown their foreign bank swap lines from $0 to $446.5 BILLION in just 2 months….who said there would be a strong “V Shaped” recovery?! I wish I had that kind of printing press! Bix Weir has 30 years’ experience in the financial industry with various … Read more
https://www.youtube.com/watch?v=Iy-sOlKFtDg Cassandra Fairbanks from The Gateway Pundit reports, The White House will not be approving a CV stimulus package that gives checks to illegal aliens, no matter how hard the Democrats want to. Speaking to ABC’s This Week, White House adviser Peter Navarro said that House Speaker Nancy Pelosi “lost” him with her plan to … Read more
https://www.youtube.com/watch?v=18A017yqQGU For the love of God, stop telling me that “we’re all in this together.“ I don’t know about you but I’m in a virtual prison. My civil liberties and my essential rights have been seized by an invisible dystopian biotyranny of jackbooted thugs pushing a flu d’état fantasy.
by sundance This is so far outside the bounds of traditional judicial activity it is unprecedented. In the case against Michael Flynn the court appointed amicus curiae, essentially a court appointed outside lawyer enlisted to prosecute the case despite the DOJ withdrawal motion, John Gleeson has now filed a motion requesting: (1) a briefing schedule, (2) oral arguments; … Read more
by Lion_partyUSA The sad part is this really is the best the Democrats have to offer.
Bond investors have hit out at the growing trend of companies reporting “earnings before coronavirus”, warning that this new pandemic-era financial metric could allow businesses to use imaginary numbers to raise more debt than they can handle. Fund managers have long complained about the heavy adjustments riskier companies make to their earnings when borrowing from … Read more
Talia Kaplan from FOX News reports, President Trump called the Russia Probe “the greatest political crime in the history of our country, ” and labeled his former National Security Adviser Michael Flynn a hero, in an exclusive interview that aired Sunday with Fox Business anchor Maria Bartiromo.
Lindsey Graham Sets Vote To Subpoena Comey, Brennan, Dozens More Over ‘Crossfire Hurricane’ The Senate Judiciary Committee, led by Chairman Lindsey Graham (R-SC), will vote June 4 on a move to subpoena documents and testimony from more than 50 current or former government officials, including former FBI Director James Comey and former CIA Director John Brennan. … Read more
Tony Robbins interviews the youtube banned proven right doctors. The people are not taking the BS from the corrupt W.H.O. & Praetorian guard corporate media. We the people win again. h/t QuantumLove
Lior Gantz interviewed on X22 Report Spotlight Todays Interview: Today Interview is with Lior Gantz of Wealth Research Group, Lior talks about how people are coping with the event and how his country is opening up for business. Lior the talks about the economy and how China’s supply chains are now broken the economy has been weakened. … Read more
On April 21, Senator Mitch McConnell stated he was in favor of the idea of letting states declare bankruptcy. The statement was met with fierce backlash from several politicians and sparked media commentary.
by Michael Markowski Based on the findings from my most recent empirical research, it will be at least 11 years before the US’ stock market and GDP climb back to above their recent all-time highs. Since the S&P 500, Dow and NASDAQ composites have rallied back from their March 2020 lows to within 6.1% to 16.8% … Read more
You can’t make this up h/t QuantumLove
