Thanks to the Fed companies are even more levered AFTER the crash than before. The coming wave of defaults looks like it is going to be brutal. BofA cautions on fake markets.

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Thanks to the #Fed companies are even more levered AFTER the #crash than before. pic.twitter.com/A6lmZ87WTH — Lance Roberts (@LanceRoberts) May 26, 2020 The coming wave of #defaults looks like it is going to be brutal. pic.twitter.com/j3hNPlEavv — Lance Roberts (@LanceRoberts) May 26, 2020 Debt Wave is comming… pic.twitter.com/GgBH4hamH7 — Piotr Janiszewski (@ATAFIN) May 26, 2020 … Read more

Russia Considers Extending Oil Output Cuts Beyond June

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By Tsvetana Paraskova Russia’s Energy Minister Alexander Novak is discussing with oil firms on Tuesday the possible extension of the current oil production cuts beyond June, sources with knowledge of the meeting’s agenda told Reuters. The OPEC+ group pledged in April production restrictions of 9.7 million bpd in May and June, before easing the cuts to 7.7 million … Read more

CHINA is PREPARING FOR WAR. XI URGES PREPAREDNESS for MILITARY COMBAT

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President Xi Jinping said on Tuesday China would step up its preparedness for armed combat and improve its ability to carry out military tasks as the coronavirus pandemic is having a profound impact on national security, state television reported. China’s performance in fighting the new coronavirus has shown the success of military reform, Xi was … Read more

Fascinating piece from former CBS News president about how media are too far gone to correct course. Our media are the most powerful and unaccountable political advocacy group in the country.

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Fascinating piece from former CBS News president about how media are too far gone to correct course. Our media are the most powerful and unaccountable political advocacy group in the country. https://t.co/6LNznHwmgn — Mollie (@MZHemingway) May 25, 2020 Now George Soros owns the Nytimes? Things can only get worse and they were bad enough to … Read more

Surviving an Economic Collapse — Barter Items to Have on Hand for the Collapse of the Dollar

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by Amy S.   I am one–hundred percent convinced that a dramatic and negative change in our economy will happen very soon. Quantitative easing, over-inflated home and student loans, and a stock market built on nothing but hopes and dreams are certain to bring a collapse of the U.S. economy. We’ve watched inflation continue to climb, … Read more

“California didn’t set # or % for capacity requirements for reopening of dine-in restaurants, but set guidelines for churches to restrict capacity to 100 people or 25%. How is this not a violation of the 1st Amendment?…”

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California didn't set # or % for capacity requirements for reopening of dine-in restaurants, but set guidelines for churches to restrict capacity to 100 people or 25%. How is this not a violation of the 1st Amendment? Sounds like a case for @realDonaldTrump & @TheJusticeDept. — Rep Andy Biggs (@RepAndyBiggsAZ) May 25, 2020 GOLD’S GYM … Read more

TWITTER Crack Down on Trump?

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“Please delete those tweets,” the widower begged in a letter last week to Twitter’s chief executive, Jack Dorsey. “My wife deserves better.” Yes, Twitter, Lori Klausutis certainly does deserve better, nearly two decades after she died in a tragic accident that has morphed into a macabre and continuing nightmare for her husband, Timothy Klausutis. The … Read more

To Prevent Problematic Inflation, We Need More Production (Which Means There’s Trouble Ahead)

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by Thorsten Polleit via Mises The science of economics is different from natural science. In natural science, it is possible to detect regularities in the form of “When A, then B” or “If A rises by x percent, B changes by y percent.” As a result, in natural science it is in principle possible to come up with more … Read more

Mortgage Credit Tightens

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With interest rates falling to the lowest level on record, this should be a banner time for households in search of a new mortgage. It isn’t. Mortgage availability has tightened sharply as lenders impose tougher income, credit-score and down-payment conditions and drop some loan types altogether, such as home-equity lines of credit. The economic shock … Read more

Why did money printer in Japan not work?

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by dancingbearstonks Japan stock market chart View post on imgur.com 30 years later, still no new highs. They lowered interest rates to 0 by the year1999. They even went negative interest rates. Japan printed tons of money, here is there money supply chart View post on imgur.com Why did it no hit new highs, how … Read more

Is Pursuing a Degree Right Now a Good Idea?

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The market is currently at a crossroad. The financial markets are riddled with uncertainties. Some businesses are struggling to stay healthy, while others are growing exponentially due to sudden spikes in demand. It is difficult to see where the economy is going, although all signs point to a steady and sustainable growth, albeit at a … Read more

“Here we are, in an over-leveraged system that gets hit by a pandemic. It’s hard to see how the Fed or the country can extract themselves from that in any reasonable time frame.”

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"Here we are, in an over-leveraged system that gets hit by a pandemic. It's hard to see how the Fed or the country can extract themselves from that in any reasonable time frame." https://t.co/QrHAP9cMpQ — Lisa Abramowicz (@lisaabramowicz1) May 25, 2020 https://twitter.com/BagholderQuotes/status/1265067555317788672 Ironically The #FED Incl Janet Yellen Had Been Warning Of Excessive US Corporate … Read more

Oil Hedging Leaves Traders Dangerously Exposed

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By Alex Kimani Hedging is a popular trading strategy frequently used by oil and gas producers, airlines, and other heavy consumers of energy commodities to protect themselves against market fluctuations. During times of falling crude prices, oil producers normally use a short hedge to lock in oil prices if they believe prices are likely to go … Read more