Consumer confidence is collapsing in most major countries in Asia Pacific, but not in China. Fabricated data.…. CCP at its finest.

Classic. Consumer confidence is collapsing in most major countries in Asia Pacific, but not in China. Fabricated data.…. CCP at its finest. pic.twitter.com/VslzmXKer3 — Otavio (Tavi) Costa (@TaviCosta) May 1, 2020 Ouch. $MCHI now below 200DMA. Must ask again… Who is still interested in buying this? https://t.co/jLWh83g2JX — Otavio (Tavi) Costa (@TaviCosta) May 1, 2020

Dividend Cuts and Suspensions – Week of April 26, 2020

by AlwaysHavingFun2020 DATE ticker name comment 05-01 $WY Weyerhaeuser Company suspend thx u/invalidTypecast 05-01 $DNKN Dunkin’ Brands Group, Inc. suspend thx u/nhairnuattoa7 04-30 $RDS-A Royal Dutch Shell plc reduce $0.47->$0.16 thx u/speacial_s 04-30 $WDC Western Digital Corporation suspend thx u/infidel129 04-28 $HOG Harley-Davidson, Inc. reduce $0.38 -> $0.02 thx u/brintoul 04-27 $GM General Motors Company suspend thx u/19Black 04-27 $GLP Global Partners … Read more

This isn’t a Credit Cycle. This is a Systemic Cycle. They pushed it Too Far. Beyond the Breaking Point. Now the Systemic Collapse has Commenced. There is No Stopping it. From here, Annihilation.

This isn’t a Credit Cycle. This is a Systemic Cycle. They pushed it Too Far. Beyond the Breaking Point. Now the Systemic Collapse has Commenced. There is No Stopping it. From here, Annihilation. On the Other Side, we can Rebuild Anew. But for Now, Systemic Collapse. — Paranoid Bull (@paranoidbull) May 2, 2020 The macro … Read more

Buffet lost $54.5 billion in Q1 2020

by jpk unrealized losses of 54.5 billion from investments First, some highlights: Q1 operating earnings: $5.871 billion, up from $5.555 billion last year ($5.56 billion expected by analysts Q1 investment gains: -$54.517 billion, down from $15.498 billion last year Q1 net earnings per A share: -$30,652, down from $13,209 last year Q1 net earnings per B share: -$20.44, down … Read more

Fed Chair Powell Just Made this Dangerous “About Face” on U.S. Debt

Photo by Wallpaperflare.com | CC BY | Photoshopped   From Birch Gold Group In the latest installment of “Fed Face-Palm Moments,” Federal Reserve Chairman Jerome Powell appears to have dangerously changed position on U.S. debt. And it only took a little more than one year to do it. As recently as January 2019, Powell said he was concerned about U.S. debt: … Read more

George Carlin Knew What Was Coming, must see humor combined with truth

https://www.youtube.com/watch?time_continue=11&v=7S9I93yOPsE&feature=emb_logo Funny but so true. Did you know many moms used to use their spit to clean their kids faces if out in public? If Only People Listened To George Carlin WAR ON GERMS BORDER OF CHAOS Classic Comedian for over 50 years GEORGE CARLIN ON GERMS R.I.P George & Our other beloved fallen comrade … Read more

BBC CAUGHT Red-Handed selectively EDITING a TRUMP SPEECH

BBC Editors have been exposed selectively editing a Trump speech and the edit is not in the slightest way favourable to the US President. The video below forensically exposes the BBC’s bias. It’s a video put together by YouTube commentator “Politico”. Please watch the 11 minute video – the objective dissection of the video-editing process … Read more

Stimulus Checks Sent to Deceased People

by Martin Armstrong Neither my sister nor I collect Social Security. Nevertheless, she received a check in the mail made out to my deceased mother, and it says “DECD” for her stimulus check of $1,200. Not exactly sure what to do with this check. How would we cash it? This is really confusing. It will … Read more

Look How Nancy Pelosi Just Downplayed Her Ice Cream Stunt by Comparing Trump to Her Own Fault

https://www.youtube.com/watch?v=wiA4IUj7OOw Virginia Kruta from The Daily Caller reports, House Speaker Nancy Pelosi took aim at President Donald Trump during a Tuesday appearance on MSNBC. Pelosi referenced an attack ad that showed her talking about the ice cream in her freezer — clipped from “The Late Late Show” with James Corden — and Trump’s comments from … Read more

Deflationary Spiral Incoming

by Reduntu Cliffs: Anecdotal evidence suggests wages are starting to decline. Wages never decline — people and employers prefer layoffs. Employees are unwilling to take pay cuts, and employers don’t want to destroy morale. Wages didn’t even decline in the great recession and were resistant to declines in the great depression. This means the economic … Read more

Stocks Are Recovering While the Economy Collapses. That Makes More Sense Than You’d Think.

Companies that are seen as especially vulnerable, such as retail stores spread across malls, are seeing stock declines of 50% and have only recovered marginally since March 23. On the flip side, clear beneficiaries of the current upheaval are doing well. So while markets are not moving on real-time economic fundamentals, they are moving on … Read more