Every bear market gives bulls one last grand chance to get out. Facebook, Amazon, Microsoft all back to their highs. This is boomers last chance to cash out the retirement.

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https://twitter.com/hks55/status/1255635406349045761 Our IWM Optimism Index (for small cap stocks) has reached 99, the highest level *EVER* The 2nd highest reading was in Oct 2011, when stocks fell -12.8% over the next month. Less extreme readings also led to pullbacks pic.twitter.com/WF67uR9EsJ — SentimenTrader (@sentimentrader) April 30, 2020 https://twitter.com/yuriymatso/status/1255650478542610433 "The US unemployment rate may have already reached … Read more

Mortgage Forbearance Balloons, Home Sales Plunge

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In addition to logistical difficulties of selling a home in the era of social distancing, there is the explosion of a historic unemployment crisis. By Wolf Richter for WOLF STREET. By the end of April, there will be 4.2 million mortgages in forbearance, or 7.6% of all mortgages, the American Enterprise Institute estimated in a note, based on … Read more

Deutsche Bank Introduces Negative Interest Rates For Retail Deposits Over 100,000 Euros!

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(by Half Dollar) If the Fed’s full display of financial repression wasn’t enough for one day, let’s kick-it up a notch with everybody’s favorite soon-to-fail-but-never-does bank, Deutsche Bank. From Handelsblatt (translated by Google): Frankfurt Deutsche Bank will soon introduce negative interest rates for large deposits in its retail banking business and that of its subsidiary Postbank. “The ongoing pressure from … Read more

Venezuela Goes From Bad To Worse To Mad Max: Roving Lawlessness And Gasoline Shortages Now, Mass Starvation Next

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by J.G. Martinez via The Organic Prepper The Fuel Shortage in Venezuela Will Lead to Starvation Dear readers, those who already know me are aware I used to write about confirmed facts we all care about as preppers. At this point in my life I hardly can be considered a prepper, though. A survivor? Sure. I’ve been in … Read more

The Bubbles are Bursting Everywhere with Gordon T. Long

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from Financial Survival Network “There are decades where nothing happens and there are weeks when decades happen.” – Vladimir Lennin. Everything Gordon T. Long and I have been talking about has come to fruition. The size and magnitude of the problem has been grossly understated. Oil companies, state and local government debt. Globally it’s even worse. 50-60 percent of … Read more

‘The Squad’ Proposes Bill Allowing Feds To Literally Cancel Property Rights During Pandemic

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Democratic Rep. Ilhan Omar of Minnesota has introduced a radical measure that would dismantle Americans’ property rights. If enacted, the Rent and Mortgage Cancellation Act would come dangerously close to the socialist dream of stripping people of the right to control their property and would allow for another massive government expansion. This bill, introduced April 17, would … Read more

UN Flags down all day, is it happening?

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https://twitter.com/valeriebgilbert/status/1255501367965298688 The flags are raised manually by UN Security officers every weekday morning at approximately 8am and lowered every weekday at around 4pm, except in the cases of bad weather. The flags are organized in English alphabetical order from north to south. On weekends, only the UN flag is raised. Further information can be found … Read more

#JOURNALISM: RealClearInvestigations: The NY Times Used to Correct Its Whoppers. But Not These Two. Here’s Why.

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via realclearinvestigations A fuller accounting by the Times is especially necessary because the media’s pushing of Trump-Russia conspiracy theories was central to an unprecedented and possibly criminal effort to subvert or remove a president under false pretenses. Unless the Times and other sources come clean about who was feeding them misleading and partisan information, we may … Read more

California Cops Heckled As They Tell 93-Year-Old Couple They Can’t Sit in Chairs on the Beach

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A video of law enforcement officers telling a 93-year-old couple that they can’t sit in chairs on a beach in Oxnard, California, is currently going viral on social media. The officers, who were on horseback, were heckled by other beachgoers for harassing the couple about their chairs. The beaches are currently open, and the couple … Read more

Civil war will start in California.- Gavin Newsom said Churches and various businesses cannot reopen for MONTHS

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He expects stores to remain close until like end of year. Crazy person. Today California governor Gavin Newsom and Department of Public Health leader Dr. Sonia Angell outlined a broad plan to reopen the state’s economy, including the limited reintroduction of in-room dining for restaurants and other openings for non-essential businesses like manufacturing, childcare facilities, … Read more

Remember the woman who told the media that Trump killed her husband after her husband allegedly drank fish tank cleaner containing chloroquine phosphate at Trump’s urging? Police are now investigating whether that man was killed by his wife.

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https://twitter.com/seanmdav/status/1255302275821690882 The Mesa City Police Department’s homicide division is investigating the death of Gary Lenius, the Arizona man whose wife served him soda mixed with fish tank cleaner in what she claimed was a bid to fend off the coronavirus. A detective handling the case confirmed the investigation to the Washington Free Beacon on Tuesday after requesting … Read more