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by Jason Burack of Wall St For Main St Jason talks about the record unemployment numbers and jobless claims in the US over the last 7 weeks and how the numbers are actually worse than that headlines. Also, in a recent poll a majority of Americans polled (77%) are very optimistic that their jobs will come back soon. … Read more
by The Phoenix The U.S. will issue over $3 trillion in debt between April and June of this year. The Federal deficit is already on pace to surpass $4 trillion in 2020 and that’s before the next round of stimulus programs are introduced (some members of Congress want bailouts for states as well as pension funds). The U.S. … Read more
by opiablame Goldman Sachs says this market rally is being driven by FOMO and that now it's due for an 18% drop https://t.co/bOBvSHtlsP via @LJKawa pic.twitter.com/K7hUHFlbv6 — Joe Weisenthal (@TheStalwart) May 11, 2020 Google Trends for searches like ‘Stocks’ and ‘How to Buy Stocks’ indicate retail investment interest is at an all time high since … Read more
by dickpal Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.
by ASoftEngStudent For this week’s DDDD (data-driven DD), I’ll be going more in-debt depth about a post I made a month ago, where I showed evidence about the stock market being in a bubble, and what might happen in the near future to equity prices. I’m not talking about the recent rise in equity prices during April, … Read more
by chartr This chart is trying to give a sense of where each country is relative to its own peak of the outbreak as governments begin to assess relaxing restrictions. It’s not intended to make comparisons between countries. In reality more specific regional data should be used by lawmakers to make decisions. New York for … Read more
Global earning estimates for the next 12 months show expectations have been cut sharply. But are the expectations too optimistic still? Too pessimistic? Too many unknowns. #markets #stocks #earnings #corporatesChart via J.P. Morgan & FactSet pic.twitter.com/AhZolMKwpL — Andres Garcia-Amaya, CFA (@andrgarc) May 11, 2020 There are TWO #Amazing points about the chart below:1) You are … Read more
https://thefederalist.com/2020/05/08/oba…collusion/ https://www.dni.gov/files/HPSCI_Transcri…dacted.pdf Former Obama administration defense official Evelyn Farkas testified under oath that she lied during an MSNBC interview when she claimed to have evidence of alleged collusion, a newly declassified congressional transcript of her testimony shows. Farkas testified before the House Permanent Select Committee on Intelligence on June 26, 2017, as part of the committee’s investigation … Read more
Josh Sigurdson reports on the continued closures in NYC as Bill De Blasio claims there likely won’t be a full reopening until September. He also says that he’d like everyone to be tracked via before being allowed out regularly. How convenient. Meanwhile millions are out of work and in need of feeding their family while … Read more
by Kimble Charting Is the Banking Index sending a caution message to stocks? It has for the past 28-months and it is experiencing a major resistance test of late! The Banking Index (BKX) started underperforming the broad market back in January of 2018, which created a negative divergence message to the broad markets. Banks started turning much weaker than … Read more
https://www.youtube.com/watch?v=mapGKeJhnzM It may Take Them Months Just To Get YOUR Money To You
URGENT! They’re Coming to Take You Away – Through H.R. 6666 https://www.congress.gov/bill/116th-cong…xt?r=2&s=1 https://youtu.be/cNepejc8Yhk h/t EyesWideOpen111
What we’re seeing today is NOT 2008. It’s NOT 2000. It’s unique. But the mistakes are always the same. Too much intervention helping out the wrong groups. The majority get screwed over. Wealth gap increases. Pattern repeats. If people learn one thing, it’s that we need to learn more. Arrogance has no place in this. … Read more
https://www.washingtonexaminer.com/news/…-dr-tedros https://www.spiegel.de/politik/deutschla…ce27cff69c WHO denies coronavirus cover-up phone call between Xi Jinping and Dr. Tedros The World Health Organization denied a report that said Chinese President Xi Jinping pressured WHO Director-General Tedros Adhanom Ghebreyesus to conceal the truth about the coronavirus outbreak in a January phone call. Der Spiegel, a German news outlet, published a report this weekend … Read more
Thought this needed it’s own thread as it is very important. Sorry if already posted, couldn’t find it anywhere. Go to 8:26 of video… Won’t be long until this is the norm everywhere. h/t MAGIC PIE
Record cold records broken by the thousands between N. America, Australia and Europe over the first weeks and a half on May 2020. Wheat planting is 22% compared to 49% the average in USA. So the question to be asked with the warm spring and now epic May freeze in multiple continents, how do you … Read more
https://www.youtube.com/watch?v=yhCYuSuwwCc The Daily Wire reports, Shelley Luther, the Dallas salon owner who was jailed this week for defying the county’s stay-at-home order when she opened up her business, joined Fox News host Sean Hannity on Thursday night, where she got an unexpected surprise. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/dallas…
https://www.youtube.com/watch?v=l2W7-uUvUik Courtney O’Brien from Townhall reports, For days now Gov. Andrew Cuomo has been harping on glib comments Senate Majority Leader Mitch McConnell made when he rejected the idea that the federal government needs to send more financial aid to state and local governments during the CV outbreak. He referred to the notion as a … Read more
Last week, we have seen for the first time Fed’s future funds priced in negative rates, for both November 2020 and January 2021, and as the oil industry is crashing and negative rates basically mean a death sentence and a deflationary economic collapse for the global system, a deeper stock market crash is about to … Read more
