Why Assets Will Crash

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by Charles Hugh Smith The increasing concentration of the ownership of wealth/assets in the top 10% has an under-appreciated consequence: when only the top 10% can afford to buy assets, that unleashes an almost karmic payback for the narrowing of ownership, a.k.a. soaring wealth and income inequality: assets crash. Most of you are aware that the bottom … Read more

This is why everyone needs to wear a mask

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by Go4theEyesBoo Aerosolized coronavirus can remain in the air for up to three hours and travel more than six feet. Droplets in the air just from talking can linger for up to 14 minutes. Their original assumption back in January on how it spreads didnt know it could infect by air. You can spread the … Read more

The Perfect Storm Begins May 22, 2020

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According to this astrologer the Deep State is going down and it all starts next Friday May 22nd. She first predicted this back in 2015 and then this last December 2019 she set out the date of May 22nd for what she calls “The Perfect Storm” that starts the take down of the deep state. … Read more

BIDEN WOWS MSM!

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● It is far too early for Democrats to panic over Biden. —Karen Tumulty, Washington Post, Friday. ● Biden’s Virtual Campaign Is a Disaster. —Andrew Ferguson, the Atlantic, Friday. ● Biden campaign doesn’t consider Latinos ‘part of their path to victory,’ political operatives say. —Kathryn Krawczyk, the Week, Thursday. Unlike Roger Simon, I think it’s way too soon, given the craziness that is 2020, … Read more

$CHK – Navigating a Bankruptcy

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by MTGCollectingAL Not the typical puts/calls DD but thought some here might like a different approach to gambling in the market. You probably can’t do this on robinhood. ​ Rationale: CHK is in a world of trouble and likely to file for bankruptcy this year. They were a pioneer in the natural gas space but … Read more

D-Day Week For Tankers

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by TheCuriousKea This is the week that if we don’t see positive momentum in the tanker sector then you better be long or gone because we are in for a rough ride on a limp dick sideways. Here’s the factors: 1) The Oil Futures Bill is due – okay so those retards in April surely … Read more

A very sad time for a 100 year old industry. (Airlines)

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by Alfredo_av – Virgin laid off more than 3,000 people, including 600 pilots. – Virgin Australia files for bankruptcy. – Air Mauritius entered administration proceedings – _ South African Airways_ is bankrupt. – Finnair returned 12 planes and laid off 2,400 people. – YOU parked 22 planes and laid off 4,100 people. – Ryanair parked … Read more

No matter how cheap the Fed make money, someone has to be willing to buy the artificially inflated asset at even higher prices.

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https://twitter.com/hks55/status/1261904650690838534 Over $550bn of investment-grade bonds will fall to junk status by October https://t.co/QMHHi2qq2l — The Economist (@TheEconomist) May 16, 2020 Hedge funds cut bullish bets on #commodities by 9% in wk to May 12. Most of the selling hit #natgas, #Brent, #corn and #gold while buyers concentrated their efforts in #WTI, #soybeans and #cattle. … Read more

What Could Go Wrong?

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Authored by Chris Hamilton via Econimica blog, In 2019, US population growth fell to +1.55m or +0.5%…this was due to a trifecta of declining births, lower immigration, and higher deaths than anticipated.  However, as with everything “2020”, all three trends are only intensifying to blow away 2019.  Births are falling faster and further, deaths moving … Read more

Massive Explosion at Marijuana Product Wholesaler in Los Angeles, Multiple Buildings Burning

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At Least Ten Injured — 230 Firefighters Responding — Mayday Call Reported A massive explosion at a marijuana product wholesale distributor in downtown Los Angeles has left multiple buildings burning. Over 230 firefighters have responded to the blaze and ten have been injured. The fire department issued a “mayday” call and characterized the incident as … Read more