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(Silver Doctors Editors) GDP was just released for the first quarter of 2020. Everybody knew the print would be negative, the question was how bad was it going to be? Well, here is the headline print from the BEA, coming in at -4.8%: It is noteworthy that the stay-at-home orders didn’t really begin in earnest until … Read more
Danish news site reminds people of being skeptical of how news photographers take pictures. Here is the same place, one picture taken with a zoom lense, and the other with a wide-angle lense: https://t.co/lPMJDHXOfD pic.twitter.com/mOSpiFEsDx — Thomas Baekdal (@baekdal) April 26, 2020 Golly, why would the media do such a thing? Next thing you know … Read more
Online news site Axios returning $4.8 mln U.S. payroll loan WASHINGTON, April 28 (Reuters) – Online news site Axios said on Tuesday it was returning a $4.8 million U.S. loan amid a public backlash over some companies taking assistance from the program created by Congress in March. Gannett layoffs continue as photographers complain they … Read more
by Shaun Richards In ordinary times the 25 members of the Governing Council of the European Central Bank would be getting ready to go to Frankfurt. This time though, they may well be making sure their version of Zoom works properly.I do hope they are not using Zoom itself as it is not secure meaning … Read more
The Joe Rogan Experience, Released on 4/28/20 Tim Pool is an independent journalist. His work can currently be found at http://timcast.com and on his YouTube channel: https://www.youtube.com/channel/UCG74…
Journalist Alex Newman the virus has finally brought trillions of dollars in unpayable underwater state pensions in to the light as blue states are asking for a federal bailout. Newman says, “Right now, President Trump is talking about rebuilding our infrastructure. One reason our infrastructure is crumbling is 1/4 to 1/3 of our state and … Read more
The president of the Shanghai Gold Exchange (SGE) called for a new super-sovereign currency to offset the global dominance of the U.S. dollar, which he predicted would decline long term, while gold prices rally.
https://www.youtube.com/watch?v=x_97w-59BDc The patriots are now bringing the entire country back online, the [DS]/MSM are trying everything they can to stop this. The patriots are now dripping out declassified information on GP, FISA and Flynn. The [DS]/MSM are now in overdrive to spin and stop as much as they possibly can, what we are witnessing is … Read more
Watch the latest video at foxnews.com Birx smugly smiling after Yahoo says her facts differ from his “yeah, just gotta check them again” this was great #JOURNALISM: Related: Don’t want people to think of you as garbage? Try not being garbage. h/t GR
It has been living off its real estate portfolio of “owned boxes” for years by selling them. By Wolf Richter for WOLF STREET. Macy’s, the largest surviving department store in the US, and still clinging by its fingernails to the last rung of the top 10 ecommerce retailers in the US, down from 7th place in 2019, may never reopen many of … Read more
https://www.youtube.com/watch?v=GNnZloJwxvY Virginia Kruta from The Daily Caller reports, Failed Georgia Democratic gubernatorial candidate Stacey Abrams said Sunday that she would not concede the possibility that President Donald Trump might win reelection in 2020. Read More/Source/Credit/FairUse: https://dailycaller.com/2020/04/26/st…
https://www.youtube.com/watch?v=UGEulTxyjc0 Many investors employ this widely publicized bull-market strategy during bear markets. As you might imagine, it doesn’t work. Get insights as you look at this chart of a major global stock market index.
by qwerty622 -very strong growth in cloud, specifically in their google suites offering (analytics tools and shit for cloud). Up 52 percent YOY increase in searches but less commercial searches (ex. increase in “sue bae titties”, decrease in “how much real estate can i buy for 10$”) no surprise there. 30 percent increase in google … Read more
One of the most successful investing strategies for decades has been to bet against retail. AC
by critikalhd Volume is low, volatility is dropping and everyone seems to think the worst is behind us. Quite the opposite is about to occur. Investors are being blinded by a Fed who are building a wall of money to contain this credit crisis. Printing trillions hoping this monstrosity of bad policy will be swiftly … Read more
https://twitter.com/hks55/status/1255297330435313666 The world is demanding reparation payments from China. Supply chains are breaking down, de globalization is accelerating. — Steve Saretsky (@SteveSaretsky) April 28, 2020
NEW YORK (CBSNewYork) – Unemployment remains a major issue across the country. Many New York and New Jersey residents are losing hope, and are out of cash. Adam D’Aleo has listened to the New York Department of Labor’s “we are experiencing high call volume” recording more times than he can count. “It’s embarrassing, I remember it,” D’Aleo said. … Read more
It's 2020 and @elonmusk still can't build a car. https://t.co/JOJxnlwkUP — ben k (@Benshooter) April 28, 2020
from Financial Survival Network John Rubino returns… Something was going to pop these bubbles and it just happened to be the Coronavirus. Oil crashed again to $12 per bbl. Diamond Offshore just went BK. Offshore drilling is super costly and their oil has no market. 27 oil tankers off the coast of Long Beach and even more … Read more
by Luma44 I’m a father, a husband, a taxpayer, a full time employee. I’m working hard to provide for my family. I’ve never accepted a handout. I’ve fortunate enough to say that I’ve never needed unemployment. I’ve never filed an insurance claim. If I need more money, I’ve been lucky enough to have opportunities to … Read more