Josh Sigurdson reports on the devastating effects the recent shutdowns have had on the economy and most importantly on jobs and small businesses. We’ve seen a RECORD worst jobs report in history and meanwhile 52% of small businesses in the United States expect to be out of business in 6 months. Companies are reporting that … Read more
Investors pulled $16.2 billion from stocks in the past week, and added $11.3 billion into bonds and $53.5 billion into cash. BoFA said 9 of 10 clients believed the current market recover was a “bear market rally” and 7 out of 10 said they would only buy the assets that the U.S. Federal Reserve purchases … Read more
by Charles Hugh-Smith It’s not that hard to forecast a populist revolt against the parasitic class that’s grown obscenely wealthy as a direct result of Fed policies. Under the tender care of the Federal Reserve, America’s wealth inequality has skyrocketed to new heights of obscenity as America’s billionaires feasted off the Fed’s recent stock market … Read more
by Shaun Richards The new pandemic economic era has brought some new features to our lives but some things have remained the same or as The Four Tops put it. Now it’s the same old song But with a different meaning Since you been gone It is also an example of how once some people … Read more
by Lance Roberts The Federal Reserve seemingly is an ongoing mission to destroy the bottom 90%. The one lesson that we have clearly learned since the 2008 “Great Financial Crisis,” is that monetary and fiscal policy interventions do not lead to increased levels of economic wealth or prosperity. What these programs have done, is act as a wealth … Read more
WATCH: Citizens Swarm Cops Arresting Woman for Being On Beach — Force Them to Stand Down This week, the people of California decided the hypocrisy was over and decided to go to the beach themselves. A video uploaded to Twitter shows the power people have when it comes to civil disobedience in numbers. As hundreds … Read more
https://www.bloomberg.com/news/articles/2020-05-10/the-car-is-staging-a-comeback-spurring-oil-s-recovery Gasoline demand is rebounding, suggesting that the car — at least for now — is making a comeback. As lockdowns ease and parts of the world reopen for business, driving has emerged as the socially distant transportation mode of choice and is offering some near-term relief to an oil market fresh off its worst … Read more
Michael Flynn lawyer says client was prepared to ‘audit’ Obama spy officials before getting ‘set up’ Powell, who took over Flynn’s defense last summer, told the Vicki McKenna Show on 1310 WIBA Madison on Tuesday that her client was “totally set up” because he threatened to expose wrongdoing by top intelligence officials in the Obama … Read more
Mexico’s president calls for investigation into Obama-era Fast and Furious Operation Mexico’s president asked the United States for answers and an apology for the Obama-era gun-running operation known as “Fast and Furious.” On Friday, Mexican President Andres Manuel Lopez Obrador called for an investigation into Operation Fast and Furious to prevent it from happening again. … Read more
Summary: A police officer speaks out against police officers who are violating the constitutional rights of citizens by following unlawful orders of mayors and governors. h/t Vasily
HEY JOURNALISTS: WANT PEOPLE TO STOP THINKING OF YOU AS GARBAGE? STOP BEING GARBAGE. You’re correct. Earlier today, we inadvertently and inaccurately cut short a video clip of an interview with AG Barr before offering commentary and analysis. The remaining clip included important remarks from the attorney general that we missed, and we regret the error. … Read more
CNN took a shot at One America News amid its emergence, but left out key parts of a recent interview with “After Hours” host Alex Salvi. We’ve added those portions to the segment in black and white to show you the information that aired on CNN, along with the information the network does not want … Read more
by ItWouldMAGA BLUE STATE BLUES: Elon Musk Moving Tesla Out Of California Over Shutdown? “Tesla and SpaceX founder Elon Musk is mad as hell and he’s not going to take it anymore. The ‘it’ in this case is the decision by the Interim Health Officer of Alameda County to take a more cautious approach to reopening … Read more
Flynn’s lawyer said it happened like this. Comey and McCabe find out about Flynn’s call to the Russian Ambassador Comey briefs Clapper Capper briefs Obama Flynn’s Lawyer Says Obama Was Part Of Conspiracy To Entrap Former National Security Advisor “These agents specifically schemed and planned with each other how to not tip him off, that he … Read more
by NineteenEighty9 That’s how leftism always works.
Iran today sank one of it’s own ships with a Noor (C-802) anti-ship cruise missile fired from an Iranian Moje Class destroyer (Jamaran) The Iranian Hendijan-class multi-purpose support vessel Konarak was sunk with 23 confirmed casualties (bodies found) of the 40 sailors onboard. https://twitter.com/WPCION/status/1259621886583062530 More: Sunk off of Bandaer-e-Jask https://twitchy.com/gregp-3534/2020/05/10/friendly-fire-naval-accident-reported-in-iran/ h/t FE
This trend outside NY continued today. @SoberLook pic.twitter.com/3jna6JRUFA — Danielle DiMartino Booth (@DiMartinoBooth) May 9, 2020 Hey New York. Chart shows train turnstile entries for Manhattan. Pre-pandemic was ~3M per day. That's obviously dropped off substantially. Here's what's interesting: gradual increases week by week. Weekly averages:April 13: 165kApril 20: 174kApril 27: 186kMay 4: 202k pic.twitter.com/aKjztOm55S … Read more
pic.twitter.com/6ks3c6pxSJ — gmbluedestiny (@gmbluedestiny) May 11, 2020 If the states really open up it could be a sell the news event? Especially when 70% of the economy will decide not to open up or even go outside.. Tricky market! — Everything is a rich man’s trick (@MvEHAL) May 11, 2020
Global equities for the second time in a year price in a growth rebound that our Real Time PMI model does not confirm. pic.twitter.com/QdylITZdPI — Teddy Vallee (@TeddyVallee) May 10, 2020 "The worst recession since the Great Depression is prompting indebted companies to default, and increasingly more will do so in a way that’s harder … Read more
