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#WINNING pic.twitter.com/nLQrIDVclp — Danielle DiMartino Booth (@DiMartinoBooth) June 5, 2020 #Missouri #COVID19 #SARSCoV2 #Pandemic pic.twitter.com/2M7j3qdEbC — TraderStef (@TraderStef) June 5, 2020 Today's data indicate China’s purchases of US goods remain well under 50% of prorated, year-to-date targets of Trump's Phase One dealhttps://t.co/L2Be1ozw68 — Chad P. Bown (@ChadBown) June 4, 2020
by Organic_Pineapple Unlimited FED printing props up the market. What if unlimited becomes impossible ? No one seems to care about the derivatives market for now. Its notional value is somewhere between $600 Trillion and $1500 Trillion. The FED has injected approximately $4 Trillion so far. That seems huge but it is very small compared to the derivatives horror … Read more
For those that say “the Fed does it too” 1) Fed balance sheet 36% GDP, ECB 46% 2) USD world reserve currency, Euro is not. 3) Fed does not inject more than global USD demand. ECB a lot more than EUR demand 4) If Fed does something wrong, copying does not make it good. Regards … Read more
DRUKENMILLER SAID WATCH OUT WHEN LIQUIDITY REVERSES pic.twitter.com/683QyQncWw — Win Smart, CFA (@WinfieldSmart) June 5, 2020 Another #deflationary bust coming soon! This is ETF for VIX (SP500). 2½ yrs of divergence is not solved in 1-2 months! It will soar. Setup is massive and we are only in eye of the storm = a bounce. … Read more
It's the liquidity stupid! Central Banks have exacerbated the divergence between equities and fundamentals. The latest rebound in equities was entirely due to P/E expansion. S&P 500 P/E multiple is trading in tandem w/Fed’s balance sheet. pic.twitter.com/DaerxoYvzI — Holger Zschaepitz (@Schuldensuehner) June 5, 2020 Cheerleader of wealth inequality now wondering why the system he exploited … Read more
by Michael Snyder It has truly been disheartening to watch how rapidly our major cities have descended into complete and utter chaos. At a moment when our nation should be coming together like never before, we have open warfare in the streets. The violence has shocked the entire world, and even more violence is expected … Read more
By Wolf Richter for WOLF STREET. The 30-year Treasury yield has been rising for six days in a row, closing on Thursday at 1.61%, up from 1.41% on May 29, and up from 1.17% on April 20, and the highest since March 19, when the Fed was unleashing its multi-trillion dollar Everything Bubble Bailout. The 20-year yield closed … Read more
By Nick Corbishley, for WOLF STREET: Global banking behemoth HSBC threw its full weight behind China’s imposition of security legislation on Hong Kong, arguing that the new law will help bring much-needed political stability and economic growth and development to the city. The bank’s kowtowing to Beijing is the inevitable culmination of the UK-based lender’s multiyear Asian … Read more
Options (put/call) went from end of world to euphoria pic.twitter.com/QapkwUkM2L — Win Smart, CFA (@WinfieldSmart) June 4, 2020
24 weeks to use funds instead of 8 weeks. 60% for payroll instead of 75%. https://finance.yahoo.com/news/u-senate-passes-bill-lengthening-000216719.html https://www.cnbc.com/2020/06/03/sen-ron-johnson-blocks-ppp-small-business-loan-legislation.html AC
https://www.marketwatch.com/story/italian-trader-loses-his-entire-life-savings-on-one-insanely-risky-position-2020-06-03 This year’s been a real grind for Luckin Coffee LK, investors. At one point, Lone Capital held $367 million in stock to lead all hedge funds covered by Insider Monkey. DSAM Partners had $146.2 million worth. Melvin Capital, Renaissance Tech and Tybourne Capital were also bullish on the company, according to Yahoo Finance. So … Read more
by ABC123dtf View post on imgur.com
This lady also served her country for 10 years! Very smart young lady ! CT
via rushlimbaugh RUSH: I’ve got a piece I just want to give you a heads-up on at The Federalist. It’s by John Daniel Davidson. “The Struggle Sessions Are Here, And They’re Not Going Away.” And the best way to understand what’s happening in America today is to go out and learn about the Chinese Cultural Revolution. That … Read more
These protests have not been peaceful. These animals have killed who knows how many? I’m done with these ridiculous riots and I’m done with the American media. My God give them all what they deserve. h/t SouthSide
(by Half Dollar) The Weekly Unemployment Insurance Claims Report has just been released from the Department of Labor. Almost 2 million more people filed initial unemployment claims over the last week: In the week ending May 30, the advance figure for seasonally adjusted initial claims was 1,877,000, a decrease of 249,000 from the previous week’s revised level. … Read more
VIDEO: FOX: General Flynn’s Attorney Sidney Powell: Democrats are Going So Bonkers Because of Durham’s Investigation and Coming Indictments Click below for the correct time: 3:04 h/t dr0id
https://www.youtube.com/watch?v=p0LqsxFiA_I Bryan Robinson from FOX News reports, Former President Barack Obama, in a virtual town hall hosted by his foundation Wednesday, called on demonstrators to channel their anger over George Floyd’s death into an opportunity to make leaders “uncomfortable” and pressure them into making real policy changes. Read More/Source/Credit/FairUse: https://www.foxnews.com/politics/obam…
