RUSH: It has been revealed that Barack Obama collaborated with the FBI to invent the Russia collusion scandal.

by

via rushlimbaugh RUSH: Well, well, well. Getting really, really interesting out there, folks. Not that it hasn’t been. But man, oh, man, there’s some hot brewing stuff going on out there that, frankly, I’m surprised — ha-ha — is not bigger news than it is. That’s why I’m here. That’s why I am America’s Real Anchorman … Read more

The Sum of All Broken Promises

by

via Jim Kunstler The restless public, cooped up and idled in springtime’s flowering, have watched Wall Street doing just fine while they see the approaching sunset of their own much more modest Paycheck Protection Program and coronavirus relief checks. Late last week, the Dow Jones shot up 455 points the same day that the government announced … Read more

Will Shale Giant Chesapeake Go Bankrupt?

by

By Tsvetana Paraskova U.S. shale gas pioneer Chesapeake Energy  said on Monday it was evaluating a Chapter 11 bankruptcy protection reorganization—along with other options–as the low oil and gas prices weigh heavily on its finances and substantial outstanding debt. Chesapeake Energy—which helped propel the shale gas revolution in the late 2000s with leading positions in the Marcellus, … Read more

Saudis Arabia Triples its Taxes – The Hunt is On!

by

by Martin Armstrong The Saudis Arabia has tripled its taxes from 5% to 15% on the back of this Coronavirus. This is a country now suffering from the collapse in oil demand and prices. Federal Finance Minister Olaf Scholz of the Socialists in Germany (SPD) is already advocating “solidarity” to convince the rich to turnover their assets … Read more

A brief history of the last crisis

by

by Simon Black The last time the economy blew up was back in 2008. Most of our readers probably remember it– the global financial system almost collapsed. Just prior to the 2008 crisis, housing was in a major, worldwide bubble. Central banks around the world had cut interest rates to near-zero levels, making it incredibly cheap … Read more

POTUS: “Obamagate Makes Watergate Look Small Time” … “Most Corrupt Administration in US History”

by

BOOM! Trump UNLOADS on Obama: “Obamagate Makes Watergate Look Small Time” and “Most Corrupt Administration in US History” #Obamagate On Monday President Trump went after his predecessor — Barack Obama — for his historic corruption! President Trump tweeted: “OBAMAGATE makes Watergate look small time!” OBAMAGATE makes Watergate look small time! — Donald J. Trump (@realDonaldTrump) … Read more

Retail investors (Robinhood retards) are pumping the market and why we may be nearing the top of the bounce seen since the end of March.

by

by opiablame Goldman Sachs says this market rally is being driven by FOMO and that now it's due for an 18% drop https://t.co/bOBvSHtlsP via @LJKawa pic.twitter.com/K7hUHFlbv6 — Joe Weisenthal (@TheStalwart) May 11, 2020 Google Trends for searches like ‘Stocks’ and ‘How to Buy Stocks’ indicate retail investment interest is at an all time high since … Read more

The 2010-2020 Liquidity-Fueled Asset Bubble

by

by ASoftEngStudent For this week’s DDDD (data-driven DD), I’ll be going more in-debt depth about a post I made a month ago, where I showed evidence about the stock market being in a bubble, and what might happen in the near future to equity prices. I’m not talking about the recent rise in equity prices during April, … Read more

Have We Passed The Peak?

by

by chartr This chart is trying to give a sense of where each country is relative to its own peak of the outbreak as governments begin to assess relaxing restrictions. It’s not intended to make comparisons between countries. In reality more specific regional data should be used by lawmakers to make decisions. New York for … Read more

Global earning estimates for the next 12 months show expectations have been cut sharply.

by

Global earning estimates for the next 12 months show expectations have been cut sharply. But are the expectations too optimistic still? Too pessimistic? Too many unknowns. #markets #stocks #earnings #corporatesChart via J.P. Morgan & FactSet pic.twitter.com/AhZolMKwpL — Andres Garcia-Amaya, CFA (@andrgarc) May 11, 2020 There are TWO #Amazing points about the chart below:1) You are … Read more

Obama Official Evelyn Farkas Admitted -Lied on MSNBC Having Evidence of Collusion

by

https://thefederalist.com/2020/05/08/oba…collusion/ https://www.dni.gov/files/HPSCI_Transcri…dacted.pdf Former Obama administration defense official Evelyn Farkas testified under oath that she lied during an MSNBC interview when she claimed to have evidence of alleged collusion, a newly declassified congressional transcript of her testimony shows. Farkas testified before the House Permanent Select Committee on Intelligence on June 26, 2017, as part of the committee’s investigation … Read more

Banks Continue To Send Bearish Divergence Message, At 800 Pound Resistance!

by

by Kimble Charting Is the Banking Index sending a caution message to stocks? It has for the past 28-months and it is experiencing a major resistance test of late! The Banking Index (BKX) started underperforming the broad market back in January of 2018, which created a negative divergence message to the broad markets. Banks started turning much weaker than … Read more