U.S. 2-year yields are falling to new lows. Credit standards in the US continue to tighten for L+S firms. How much longer U.S. stocks can diverge from the cataclysmic collapse in the global economy?

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U.S. 2-year yields are falling to new lows this morning. More traders are betting the Fed will be forced to cut rates below zero. "We do not think this is justified by fundamentals as FOMC members have repeatedly stated that they do not expect to take rates negative:" TD's Misra pic.twitter.com/Q7dJqFOJeq — Lisa Abramowicz (@lisaabramowicz1) … Read more

CNN’s Chris Cuomo Has MELTDOWN Live on the Air After Some States Begin to Open Up

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https://www.youtube.com/watch?v=c5Haw4-TZh4 Collin Rugg from Trending Politics reports, After being in self-quarantine for several weeks, CNN opinion host Chris Cuomo returned on Monday to inject fear into Americans over re-starting the economy, saying that only “fools” want to reopen the country. Read More/Source/Credit/FairUse: https://trendingpolitics.com/cnn-s-cu…

Elon Musk: Neuralink will do human brain implants ‘within a year;’ could eventually enable eventually enable symbiosis with AI!

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Elon Musk says his Neuralink company will do human brain implants ‘within a year’ to help cure injuries – and the device could eventually enable symbiosis with AI Elon Musk spoke on Joe Rogan’s podcast about his company Neuralink Musk said the firm will have a brain implant ready ‘within a year’ The chip could … Read more

Japan To Set Official Guidelines for UFO Encounters in Direct Response To US Pentagon Video Release

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JAPAN ADOPTING OFFICIAL RULES AND GUIDELINES FOR POTENTIAL FUTURE UFO ENCOUNTERS “To be honest, I don’t believe in UFOs,” Defense Minister Taro Kono revealed to The Japan Times. “But because the Defense Department released such a video, I would like to hear from the U.S. side about its intention and analysis.” “If (UFOs) are encountered, training … Read more

The Inevitable Coronavirus Censorship Crisis is Here

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These professors should be charged with crimes against humanity for suggesting Chinese censorship is the way to go. … Earlier this week, Atlantic magazine – fast becoming the favored media outlet for self-styled intellectual elites of the Aspen Institute type – ran an in-depth article of the problems free speech poses to American society in … Read more

San Francisco Admits Giving Free Alcohol and Drugs to Homeless Hotel ‘Guests’

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In San Francisco, the homeless aren’t just boarding in hotels for free — they’re getting free booze to boot. That was the message from the city’s public health department in recent days after a social media user who describes himself as a “formerly homeless addict” posted a Twitter comment criticizing the practice. “I just found … Read more

This is why lockdowns can’t continue much longer, even in hard-hit states.

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DON’T JUST CUT ‘EM, SLASH ‘EM: ‘Sober look’ at public payrolls urged as bailouts tax system. The warning comes after Boston’s public payroll was posted by the Herald showing 8,000 employees who earned $100,000 or more last year. While first responders are on the front lines of the pandemic, others in Boston have not been furloughed. … Read more

USAF KC-135 (PEARL13) conducting flight ops just 200 kilometers off the coast of mainland #China.

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USAF KC-135 (PEARL13) conducting flight ops just 200 kilometers off the coast of mainland #China. pic.twitter.com/aFTnb7XrEa — The Intel Crab (@IntelCrab) May 7, 2020 Turning back now. Was 120 kilometers from mainland China. pic.twitter.com/wTphXF2mca — The Intel Crab (@IntelCrab) May 8, 2020 Recon mission. Future combat theatre. Retaliation. — Tordoflyer (@tordoflyer) May 8, 2020 Two … Read more

@RJW: “Obama knew details of wiretapped Flynn phone calls, surprising top DOJ official in meeting with Biden, declassified docs show

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Obama knew details of wiretapped Flynn phone calls, surprising top DOJ official in meeting with Biden, declassified docs show // Remember all the #FakeNews weasels hooting and hollering when Trump accused Obama off wire-tapping his campaign? #DeepStateScum https://t.co/H9IcMmcfA0 — James Woods (@RealJamesWoods) May 7, 2020 The Deep State is scrambling. Every lie they’ve told and … Read more

Stocks rise on hope that worst of economic plunge has passed… NASDAQ — POSITIVE FOR YEAR… Algorithms Behind Recovery?

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Stocks rise on hope that worst of economic plunge has passed TOKYO (AP) — Asian shares surged Friday on optimism the worst of the economic fallout from the pandemic may be over, as Wall Street logged its biggest rally in a week. Japan’s benchmark Nikkei 225 jumped 1.8% to 20,025.91. South Korea’s Kospi jumped 1.3% … Read more

HUGE: Crowdstrike, the firm behind the accusation that Russia hacked & stole DNC emails, admitted to Congress that it has no direct evidence Russia actually stole/exfiltrated the emails.

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I want to stress what a pretty big revelation this is. Crowdstrike, the firm behind the accusation that Russia hacked & stole DNC emails, admitted to Congress that it has no direct evidence Russia actually stole/exfiltrated the emails. More from Crowdstrike president Shaun Henry: pic.twitter.com/UCGSyO2rLt — Aaron Maté (@aaronjmate) May 8, 2020     h/t  … Read more

The Outlines of a Better World Are Emerging

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by Charles Hugh-Smith Once the government’s ability to sustain its enforcement with money created out of thin air vanishes, the entire order vanishes along with it. The era of waste, greed, fraud and living on borrowed money is dying, and those who’ve known no other way of living are mourning its passing. Its passing was inevitable, … Read more

Fed Cuts QE Helicopter Money for Wall Street Further. Still Hasn’t Bought Junk Bonds or ETFs. Was Just Jawboning. Loans to “SPVs” Declined to Lowest Dince March 25.

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By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet rose by $65 billion during the week ended May 6 — the smallest weekly increase since the week of February 26, when assets fell by $13 billion. And it was down 89% from peak-bailout in the week ended March 25. The chart depicts the weekly changes of … Read more