by paperlevel I just want to make some sense of Ray Dalio’s recent comments: Bridgewater Associates’ Ray Dalio, founder of the world’s largest hedge fund, said investors would be “crazy” to hold government bonds now and possibly for years because of money-printing by central banks to rescue the global economy. “This period, like the 1930-45 … Read more
https://www.morningstar.com/news/marketwatch/20200418118/wave-of-corporate-defaults-could-reach-more-than-20-despite-feds-foray-into-buying-junk-bonds-warn-analysts Just to get in front of the “Fed will buy everything, so no problem, bro” sentiment…the analysts understand that. Also, as I continually say the Fed buying bonds means tighter spreads; it doesn’t mean the companies can pay even at tighter spreads. If companies don’t have the revenue to service the debt, they default. … Read more
Doing some rough math, it looks like the combined value of the U.S. stock market gains off of the recent lows is roughly equivalent to the combined actual-plus-announced increases in the National Debt. — Jeffrey Gundlach (@TruthGundlach) April 19, 2020 The Fed printed a TON of money and it all ended up in the stock … Read more
by rasuzuki via forbes: The Federal Reserve just made the problem of financial firms considered ‘too big to fail’ a whole lot bigger. That’s because the U.S. central bank has hired private equity giant BlackRock BLK, which manages some $7 trillion in assets, to run purchases of corporate bonds and commercial mortgages that are part of its response … Read more
by Neat-Wolf Behold, the beginning of the end, including both private and public companies: True Religion 4/13 XFL 4/13 Frontier communication 4/15 Longview power plant 4/14 Vaps 4/5 LSC communications 4/13 USC Gymnastics and Baseball attaining Center 3/3 White Petroleum Corp 4/1 Hin Leong Trading 4/19 Yuma Energy 4/16 CityJet 4/18 Krystal Burger Restaurant 1/21 … Read more
by laxmolnar No BS or Filler, just knowledge as too many are giving out bad knowledge on the gas industry from my 25 year old perspective. Read this through for my thoughts or just review the bullet points as they’re useful. Gas traders have physical Gas pricing of off a daily publisher of prices inside … Read more
India just revised foreign direct investment laws in a rebuke of China takeover of their economy….Bravo India….We need to do that here in America!!! AC
by AliceReadsThis Original source https://www.shady-maple.com/farm-market/the-latest-on-what-we-are-doing Rotating checkout lines every hour, cleaning policy for the store and an employee hand washing schedule. Most impressive to me, a relaxed attendance policy. Wish other store especially major chains would be so organized and helpful to both shoppers and employees
Illinois Dems’ $41 Billion Demand Includes $10 Billion Pension Bailout That Has Nothing To Do With Coronavirus. We need a GOP congress and president, and then we need to condition bailouts on splitting Illinois into two states: Chicago and the ring counties, and downstate. h/t GR
by XingyiGuy This was my store yesterday just as the credit card machines went down. Lowe’s absolutely cares about profits over people. Over 295k in sales. byu/isthiswitty inLowes Lowe’s sucks at doing anything to prevent this. I went in yesterday with a half mask p100 and some goggles which were bought there in January. People everywhere … Read more
by Kimble Charting Is our banking system about to send us one of the most important messages in the last two decades? Joe Friday says,”Absolutely yes!!!” The top chart looks at the Banking index (BKX) over the past 25-years. The 60-65 price zone is represented by line (1). When line (1) held as support in 1998, 2002, and … Read more
https://www.youtube.com/watch?v=-E-K9UfzKIs Bronson Stocking from Townhall reports, Michigan’s Democratic Governor Gretchen Whitmer is rumored to be on the shortlist of possible running mates for presumptive Democratic presidential nominee Joe Biden, which is a good thing for the governor since Michiganders appear poised to throw her out of office at the earliest opportunity. Read More/Source/Credit/FairUse: https://townhall.com/tipsheet/bronson…
https://www.researchgate.net/publication…Xdmz8-thi8 We are currently witnessing a major epidemic caused by the 2019 novel coronavirus (2019- nCoV). The evolution of 2019-nCoV remains elusive. We found 4 insertions in the spike glycoprotein (S) which are unique to the 2019-nCoV and are not present in other coronaviruses. Importantly, amino acid residues in all the 4 inserts have identity … Read more
by Kek Anyone knowingly working with China for personal benefit over the national good with no value for America is a traitor. There are others who are willful idiots and are lesser in bed with China but still capitalize on the deals.. Some know just what they are doing and would welcome the CCP overlords, … Read more
Always full of good info AC
Hey America can you just stop being so typically American just during the pandemic h/t DPool34
It’s not bad, it’s the opposite! AO
by DontMicrowaveCats I remember back when picking colleges how important everybody tried to make the rankings seem. How we all poured over sites like USNews or Forbes or Princeton Review. Agonizing over bs like acceptance rates and SAT score ranges. Then while actually in college, my University administration acted like the school moving up or … Read more
Wojcicki then went on to give examples of content that would be a violation of YouTube’s policies, including anything “that is medically unsubstantiated, so people saying like, ‘take vitamin C, take turmeric, like those are/or will cure you.’ Those are the examples of things that would be a violation of our policy.” When it comes … Read more
via lidblog When asked about Iran during Saturday’s Task Force press conference, President Trump said after he pulled out of the awful Iran sea (my description), he would have been able to negotiate a new deal with the Iranians, if former Secretary of State Kerry hadn’t violated the Logan Act And I say he violated the … Read more