Buying markets at a forward P/E of 23 because a central committee self-admittedly has flooded the system with money it has digitally created is not investing. It’s stupefied herd behavior. And no, it doesn’t build immunity.
https://twitter.com/NorthmanTrader/status/1262688423896375299 Price/Earnings to Growth (PEG) ratio is Price to Earnings (P/E) divided by the expected earnings growth rate. This particular example shows a 5-year earnings growth expectations. The ratio's value is the highest for at least 25 years How this ratio is broken or it isn't at all? pic.twitter.com/kOZiNhDjwS — Sebastian Sienkiewicz (@Amdalleq) May 19, … Read more
Canadian Home Sales See Worst April Since 1984, Montreal And Toronto Lead Lower
National sales volumes have been sliding for a few years, but this is like nothing seen in a long time. By Kaitlin Last, for Better Dwelling: Canadian real estate sales have dropped to the lowest level in a generation. Canadian Real Estate Association (CREA) data shows sales fell in April. Slower growth was expected going into this month, … Read more
Spiking Food Prices, Kick Off Inflationary Endgame
by Egon von Greyerz Egon von Greyerz interviewed by Jan Kneist of Goldseiten. The ruling of the Federal Constitutional Court sets Germany against the EU. A planned crash? Southern Europe cannot exist without tourism. But the bang will probably come from the US, which despite huge QE programmes is plunging into a depression that will … Read more
The FALL Of Las Vegas! – Jobs WIPED OUT As Governor Declares “Fiscal” State Of EMERGENCY
Josh Sigurdson talks with Kingsley Edwards, CEO of Flote about the fallout in Las Vegas, one of the world’s top tourist attractions as jobs have been wiped out and Governor Sisolak declares a fiscal state of emergency. So essentially, he shut down all of the businesses and is now shocked that they have no money. … Read more
Justin Trudeau: Beta Totalitarian
by Tom Wigand On May 1, 2020, the Prime Minister of Canada, Justin Trudeau (“Justin”) announced a unilateral ban on so-called “assault weapons.” A “comprehensive” ban at that, with upcoming confiscation. May Day is the holiday in the Marxist world, and it is likely not coincidental that this was Justin’s chosen the announcement date. Marxism, as we all … Read more
Alert Liquidity Crisis Lead To A Sudden Housing Market CRASH: Be Ready!
https://www.youtube.com/watch?v=GEe52ikui6g As one thing after another crumbles in the wake of the ongoing pandemic, mismanagement, partisan politics, and bureaucratic red tape have built up to the beginning of the biggest housing market crash consumers today will face in their lifetimes. By the time meaningful policies are finally in place, it may be too late. The … Read more
HOPIUM RALLY IGNITES 911 POINTS!! SECOND WAVE INEVITABLE…
https://www.youtube.com/watch?v=DcF_tg2UTHA In today’s video, Christopher Greene explains why this is your Last Chance to Prepare.
CAN THE ATTORNEY GENERAL BE TRUSTED: Trump BLINDSIDED by Barr’s
There’s a double standard at play. While Barr says that he won’t go after Biden or Obama, the left is still looking for ways to file fake, lying charges against President Trump. Either they want a civil war, or there’s hope… I think it’s the first suggestion. It’s just crap what the deep state is … Read more
IMPEACHMENT 2.0: House Democrats Say Trump-Russia Obstruction Investigation ‘Ongoing’
House Democrats Say Trump-Russia Obstruction Investigation ‘Ongoing’ – Could Result in New Articles of Impeachment! The House told the Supreme Court they need the unredacted secret grand jury materials in Mueller’s report to decide on new articles of impeachment. They have been fiercely fighting to obtain the material currently redacted in Mueller’s report for nearly … Read more
OBAMA: Fired an Inspector General to Cover Up a Sex Scandal and No One Said Shit About It
Trump fired the inspector general of the State Department, Steve Linick. In accordance with the 2008 Inspector General Reform Act, which protects inspectors general from being fired without cause, Trump informed Congress in writing about the intent to fire Linick, expressing that he no longer had the “fullest confidence” in Linick, who was appointed to … Read more
This chart below shows it looks much like it did in 2007. Gold acting the same way as well. We will know soon if this time is different!
https://twitter.com/LordPolemos/status/1262491065493291010
“Live Nation just furloughed 20% of their employees.”
"Live Nation just furloughed 20% of their employees." They should furlough everyone and then the stock can go to $100. $LYV pic.twitter.com/tPV18aR4uD — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) May 18, 2020
Did the Fed Just Knowingly Trigger a Housing Market Crisis?
via CCN: The Fed bought a record amount of mortgage-backed securities last week. Its MBS buying spree in March triggered $5 billion in margin calls on routine hedges lenders place against rising interest rates– an existential threat to lenders. Apparently, crashing home prices are an even bigger threat in the Fed’s view. The scale … Read more
SPY gambling lookup table
by validscramble Good afternoon fellow reeetail investors! I’ve been noticing some comments mentioning really stupid SPY option buys, so I thought I’d share a table I threw together. Assuming you’re planning on holding your options to expiration, like I know you diamond-handed dummies are, just look up the value you think SPY will get to, … Read more
The economy right now in 1 picture
h/t kaeperkick
Worst global, economic crisis in 90 years?
Worst global, economic crisis in 90 years. https://t.co/GdcCDJZU3U — Carl Quintanilla (@carlquintanilla) May 18, 2020 https://t.co/XMhjk6yL8J — Alastair (@StockBoardAsset) May 18, 2020 "The proponents of 'Modern Monetary Theory' are wrong in suggesting that a government that issues debt in its own currency can increase the debt with impunity. There is a point which the market … Read more
There’s no limit to the Feds bailouts…except for Main st. I explain in 1, simple, fast step!
There’s no limit to the Feds bailouts…except for Main st. 🤬👇 I explain in 1, simple, fast step!! 🔥 pic.twitter.com/EDD47VxyO4 — George Gammon (@GeorgeGammon) May 18, 2020
Dow closes up more than 900 points. On the same day the Atlanta Fed estimates Q2 real GDP at -42.8%. Meanwhile, 100,000+ small businesses have closed forever.
On the same day the Atlanta Fed estimates Q2 real GDP at -42.8%. Meanwhile, 100,000+ small businesses have closed forever. Totally normal. https://t.co/cCm7EkMRgH — Nomi Prins (@nomiprins) May 18, 2020 https://twitter.com/vixsquared/status/1262454006326210561 "It's different this time""It's different this time""It's different this time""It's different this time""It's different this time""It's different this time""It's different this time""It's different this … Read more