EIDL Grant – Some interesting inside information for anyone curious on exactly how the process works. It seems it was outsourced to a private company called RER Solutions, along with other interesting facts. If you didn’t get the grant this might be useful information as to why.

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by cue378 I see a lot of messages about confusion surrounding this process. Recently, in a lawsuit the SBA was forced to disclose information about exactly how the process works including the fact they outsourced it to a private company. I suppose this explains why they don’t seem to have much control over it. Some … Read more

American Express, JPM, and VNQ (real estate ETF) aren’t exactly screaming V. Liquidity swirling down the drain starting next week.

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In terms of this whole debate about “is the market pricing in a v-shaped recovery?” people need to get more granular, with less focus on index numbers. American Express, JPM, and VNQ (real estate ETF) aren’t exactly screaming V pic.twitter.com/eUp3mwXDjd — Joe Weisenthal (@TheStalwart) May 9, 2020 https://twitter.com/hks55/status/1259231385795125248 CLOs pic.twitter.com/ZtWUruHvv1 — Alessio (@AlessioTMAD) May 9, … Read more

Trump made the biggest deal ever with China and they didn’t buy anything from 6 months. Americans are living bailout to bailout in the greatest economy ever

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trump made the biggest deal ever with China and they didn’t buy anything from 6 months Americans are living bailout to bailout in the greatest economy ever — Alessio (@AlessioTMAD) May 9, 2020 We will never be a Socialist or Communist Country. IF YOU ARE NOT HAPPY HERE, YOU CAN LEAVE! It is your choice, … Read more

When Valuations Actually Matter

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by NegativeTangibleBook TL;DR – a high correlation between savings/monetary base ratio and 10y US treasury yields imply yields may soon rise, making stocks less attractive. DISCLAIMER: not a post you want to read if you’re looking for a C/P, price, and expiration. ​ WHEN VALUATIONS MATTER Stock valuations, and their valuations levels, only matter in … Read more

Dividend Cuts and Suspensions – Week of May 3, 2020

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by AlwaysHavingFun2020 Scroll Right to see more info DATE ticker name comment 05-08 $CAKE The Cheesecake Factory Incorporated suspend thx u/divtrackerapp 05-08 $KTB Kontoor Brands, Inc. suspend thx u/eragon491 05-08 $CLNY Colony Capital, Inc. suspend thx u/rdking647 05-07 $WYNN Wynn Resorts, Limited suspend thx u/divtrackerapp 05-07 $NMFC New Mountain Finance Corporation reduce $0.34->$0.30 thx u/rdking647 05-07 $WEN The Wendy’s Company … Read more

Deflation is bad for stocks

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by moazzam0 To fill the hole in GDP and liquidity crunch caused by corona, the Fed and Treasury pumped in several trillion more than the estimated fall in GDP. Of these trillions, about 2.5 trillion at most was income given to businesses and individual by Treasury. This is more than 10% of annual GDP should … Read more

At the peak of tulip mania, in February 1637, some single tulip bulbs sold for more than 10 times the annual income of a skilled craftsworker.

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via wikipedia: Tulip mania (Dutch: tulpenmanie) was a period in the Dutch Golden Age during which contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels and then dramatically collapsed in February 1637.[2] It is generally considered the first recorded speculative bubble.[3] In many ways, the tulip mania was more of a hitherto unknown socio-economic phenomenon than a significant economic crisis. Historically, it had … Read more

Destroyed by margin call

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by bedofnailz To all the retards out there gambling with margin thinking you are Bradley Cooper or something, here is why you don’t do it unless you got the cash to cover the call.    

Danielle DiMartino Booth: “We need some time to tell what is happening with the housing market. We are not seeing confidence among baby boomers as we are seeing in the FANG stocks. We could see a tremendous amount of supply come to market”

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"We need some time to tell what is happening with the housing market. We are not seeing confidence among baby boomers as we are seeing in the FANG stocks. We could see a tremendous amount of supply come to market"#RT #DimartinoBooth #QuillIntelligence — https://t.co/FxnpiyoHuW — Danielle DiMartino Booth (@DiMartinoBooth) May 9, 2020

40 Years of Risk Appetite data for US Investors. Despite the recent strong rebound Wall Street has never been so bearishly positioned

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40 Years of Risk Appetite data for US Investors. Despite the recent strong rebound #WallStreet has never been so bearishly positioned pic.twitter.com/SjrMbsmNLG — CrossBorder Capital/ GLIndexes (@crossbordercap) May 9, 2020 When forecasts diverge it is a good indicator of deep uncertainty. So … the dispersion in S&P500 earnings estimates we are seeing right now, it … Read more

Snowden Latest Interview

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On the eve of his memoir ‘Permanent Record’ being published, NSA whistleblower Edward Snowden talked at length from Moscow with MSNBC’s Brian Williams in an exclusive interview. This is their discussion in its entirety, edited down slightly for clarity. Aired on 9/17/2019.

Why the coronavirus cases are still going up?

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by Kcthonian 1) Not everyone is wearing masks. 2) Even if you wear a mask, it doesn’t guarantee you won’t pass it to someone else. It just reduces chances. 3) People can be absent minded about all this. It isn’t like most of us have a lot of practice, which makes it understandable. But I can’t … Read more

Judicial Watch Files for Temporary Restraining Order Enjoining Governor Newsom’s Initiative to Provide $75 Million in Cash Benefits to Illegal Aliens | Judicial Watch

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(Washington, DC) – Judicial Watch announced today it has filed an application for a temporary restraining order (TRO) against California Governor Gavin Newsom and his Director of the California Department of Social Services Kim Johnson to restrain them from spending $79.8 million dollars of taxpayers’ money to provide direct cash benefits to unlawfully present aliens (Crest et al. v. … Read more