Sunday Laws Are Coming!

Sunday Laws are the mark of the beast. The powers that be are pushing forward in that direction. It will force worship. Religious freedom will come to an end. You must worship on Sundays for them. It will not matter if you “truly believe” Sunday is the Sabbath or not. Think of Shadrach, Meschach, and Abednego. Do you … Read more

Weekly Economic Index Currently Shows 4Q GDP of -11%

by SpontaneousDisorder This new index is now being updated here, I’ll add this to the wiki. Notice how it compares to the trough of the Financial crisis. https://www.newyorkfed.org/research/policy/weekly-economic-index Read this article to understand more about its construction. Its designed to show more immediate and high frequency estimate of GDP “growth”. https://libertystreeteconomics.newyorkfed.org/2020/03/monitoring-real-activity-in-real-time-the-weekly-economic-index.html The data its based … Read more

EIDL Decline is a NOT really a decline

by duggu_boy I would urge all my fellow business owners here that these decline emails going out since last night is nothing but a system generated response. I design softwares for a living. I know this subject very deeply. I can tell reading all these threads since last night that (1) yes, the loan software … Read more

Shutdown Pain Grows More Democratic

Vox Media furloughs more than 100 employees for three months.Layoffs Hit Valence Media: Hollywood Reporter, Dick Clark Productions, Billboard, Vibe Affected. ViacomCBS Lets Go Of Contract Workers Amid Coronavirus Pandemic As More Layoffs Loom. Temporary pay cuts and furloughs announced at NJ Advance Media, but no layoffs as coronavirus hits revenues. Condé Nast plans hundreds … Read more

This isn’t about public safety anymore. It’s become an outright war on Constitutionally guaranteed freedom.

IT’S COME TO THIS: De Blasio Wants New Yorkers To Rat On Neighbors. Don’t Do It. Communist Tyrant: Bill de Blasio want people to take a photo of a crowd and report them to police if they aren’t social distancing. He needs to be removed #LiberateNY How do you report places that aren’t enforcing social … Read more

Would Trump Actually Pay Oil Producers Not To Pump?

By Haley Zaremba The global oil industry has been scrambling for a solution to the dramatic oil price crash and enduring global crude glut from last month. As the novel coronavirus swept the globe over the past few months, shutting down countless industrial endeavors, the devastating economic impact tanked international oil demand and overall energy … Read more

The CARES Act and sentiment

by Toothlesskinch Tl;dr – The stimulus package is a failure, re-opening the economy is going to cause it to crash, bulls on parade until mid May but fair chance Lorek Byrnison is our next president. It’s the weekend so I’m going to take the time to share some real life insight into what is happening … Read more

Why Friday was likely the top for now.

by TessTickols My attempt at analysing the SPY chart after last week (AKA Crayon drawings): https://www.tradingview.com/chart/SPY/MLMq5QLn-Bear-market-rally-finally-reversing/ The rally from the lows (likely initiated by massive shorts covering) has been gaining momentum for a while. This last week it has been losing momentum, and the last gap up on low volume looks extremely weak. Every indicator … Read more

US Banks Brace For Surge In Loan Losses (S&P 500 Bank / S&P 500 Index Back To Early 2009 Levels)

by confoundedinterest Here we go again? With the economic shutdown thanks to the Wuhan virus, the Big Banks are in the US are preparing to be over, under, sideways, down. (Financial Times) — Loan loss charges at six big American banks reached a total of $25.4bn in the first quarter. This marks a 350 per cent surge in … Read more

U, W, V, or L ??

https://twitter.com/WallStJesus/status/1251668167627280385 [Thread] 👇 After one month of coronavirus lockdown, more than 50% of Los Angeles is now unemployed. Follow along for live updates on the latest #coronavirus news around the globe.https://t.co/lMHXVn84ka — Win Smart, CFA (@WinfieldSmart) April 18, 2020 Who's next? Will be a plethora of companies going bankrupt ever so shortly. 90% of companies … Read more

Comrade deBlasio Introduces New York City Snitching Program – Take a Photo of Non-Compliant Behavior…

by sundance Comrade Bill deBlasio in New York City is making it easier than ever to snitch on your neighbors. If you happen to spot someone not obeying social isolation orders, or if you spot someone without a mask, the mayor is now asking people to take a picture of the rebellious activity and text it to the … Read more