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

Without overweighting the FANG stocks, the S&P 500 is just the MSCI World ex-US

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Without overweighting the FANG stocks, the S&P 500 is just the MSCI World ex-US pic.twitter.com/1QEc08BcyW — Julian Klymochko (@JulianKlymochko) May 7, 2020 .@johnauthers: "At the corporate level, inequality as a result of the crisis has a specific manifestation that is very dangerous. Within the S&P 500, the tail of companies whose share prices have halved … Read more

The economic price of lockdown and reopening risk of human lives

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⚖ The economic price of lockdown and reopening risk of human lives 📌STATE-BY-STATE BUSINESS REOPENING DATES #Economy #Health #Healthcare #coronavirus #Covid19 #Safety pic.twitter.com/tmrOVUylBl — Farzana R Hossain MD (@fr_hossain) May 7, 2020 The #coronavirus, #publichealth, #publicsafety, #childabuse, #justice are not just some other cities’ or states' problem. It's everyone's problem .. ..Wave of U.S. #COVID … Read more

“Absent Hiring Activity on An Unprecedented scale, Unemployment Could Remain in Double-Digits Into 2021” – new @sffed paper… Top JPMorgan Investment Officer: It Will Take ’10 to 12 Years’ for U.S. Employment Levels to Return

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"Absent hiring activity on an unprecedented scale, unemployment could remain in double-digits into 2021" – new @sffed paper. https://t.co/4b9JEiH4SQ pic.twitter.com/ssib47d8bR — Jeanna Smialek (@jeannasmialek) May 7, 2020 Top JPMorgan Investment Officer: It Will Take ’10 to 12 Years’ for U.S. Employment Levels to Return J.P. Morgan Chief Investment Officer Bob Michele predicted it will take 10-12 years … Read more

Mark Cuban: I Hired a Team of Secret Shoppers to Find Out How Businesses Were Opening in Dallas. It’s Not Good.

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via blogmaverick I wanted to get an understanding of what opening meant to businesses around Dallas. Were they opening? What precautions were they taking? Were employees in safe environments? And bigger picture, I wanted to know if these are places that I would feel safe taking my family to. So I hired a company that specialized … Read more

The People Need To Be Prepared, Do Not Depend On The Gov To Help You:Bix Weir

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https://www.youtube.com/watch?v=Tjfk05syeKk Todays Interview: Today’s guest is Bix Weir. Bix discusses the event, how the people must be self sufficient, the government is not going to come to the people aid. The people must demand the reopening of their state, businesses etc. The [DS] push is coming to an end, the patriots are ready to move … Read more

Target, Walmart, Macy’s & Belk have eliminated dressing rooms and Starbucks in their stores

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So, I guess they’ll have a more lenient return policy? Not that I’m disagreeing, but another price involved to think about. https://corporate.target.com/about/purpose-history/our-commitments/target-coronavirus-hub Target, Walmart, Macy’s and Belk. Just because the state is reopening and more retailers will be welcoming you in, doesn’t mean it will be shopping as usual. DRESSING ROOMS. OPEN OR CLOSED? As … Read more

Harvard Professor Exposes Google and Facebook

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by Venus230 *In her book, “The Age of Surveillance Capitalism,” social psychologist and Harvard professor Shoshana Zuboff reveals how the biggest tech companies in the world have hijacked our personal data – so-called “behavioral surplus data streams” – without our knowledge or consent and are using it against you to generate profits for themselves *Companies … Read more

Comey used to be an arrogant crook. Now he’s a nervous one.

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The DoJ’s Inspector General found that James Comey “set a dangerous example” as FBI Director for leaking classified info for personal gain. His calls for honest, competent leadership are farcical. So too are those who believe his lies. https://t.co/Xke8tGrwe0 — BDW (@BryanDeanWright) May 7, 2020 I’ve seen too many fellow service members’ careers derailed for … Read more

Charles Schwab to offer investors fractional trades of S&P 500 companies including Amazon and Apple

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https://www.cnbc.com/2020/05/07/schwab-to-offer-fractal-trades-of-sp-500-companies-like-amazon-apple.html Called Schwab Stock Slices, investors will be able to trade fractional shares of any S&P 500 company starting at $5 each. But using the new online tool, investors can buy up to 10 different stock “slices” in a single order. Each stock will cost the same amount of money regardless of its share price. … Read more