Investment Watch Blog

More than 160 South Koreans have tested positive a second time for the coronavirus, a development that suggests the disease may have a longer shelf life than expected https://t.co/9k0Y5SEX59 — The Wall Street Journal (@WSJ) April 17, 2020 RISK MANAGEMENT UNDER UNCERTAINTY Don't know if COVID spread via humans? Assume It doesDon't know if mask … Read more

by Dc1993x Sorry bears, but unless something devastating happens between now and Monday… nothing will move the market downward. Here’s why: People are convinced that the worst is over… many believe that everything will soon return to “normal”. While this may or may not be true… there’s no reason not to buy in at these … Read more

pic.twitter.com/gCV98cJeJH — Track17 (@Track17K) April 17, 2020

https://twitter.com/hks55/status/1251249534728056832 Guggenheim’s Minerd Sees Chance of S&P Falling as Low as 1,200: Bloomberg https://t.co/Y7im6qQmLm — Win Smart, CFA (@WinfieldSmart) April 17, 2020 https://twitter.com/edwardnh/status/1251197963227070464 https://twitter.com/NorthmanTrader/status/1251109157958225920 🔰Conference Board Leading Economic Index Sees Largest Decline in Its History🔴🔴🔴 #recession #depression pic.twitter.com/24ZY5GCYLr — Antonio Pérez-Algás (@apanalis) April 17, 2020 Curious your thoughts on the implications of the world’s second … Read more

by ilikepancakez Analyst report from Nigel Stevenson at GMT Research, a Hong Kong based accounting research firm: https://www.gmtresearch.com/en/research/luckin-coffee-more-questions-than-answers/ Summary / Highlights I found relevant : Even if the alleged fraud was the work of a small group of individuals, it is hard to understand how the board and senior management failed to spot the fabrication of … Read more

https://twitter.com/Kiaz19/status/1250909243814948864  

https://www.wsj.com/articles/charlie-munger-the-phone-is-not-ringing-off-the-hook-11587132006 “Well, I would say basically we’re like the captain of a ship when the worst typhoon that’s ever happened comes,” Mr. Munger told me. “We just want to get through the typhoon, and we’d rather come out of it with a whole lot of liquidity. We’re not playing, ‘Oh goody, goody, everything’s going to … Read more

by 4d39faaf-80c4-43b5 Aggregate Funds Available – A Federal Reserve Bank will lend up to $600 billion to a Special Purpose Vehicle (SPV), which will in turn purchase participations in either new loans under the Main Street New Loan Facility (MSNLF) or upsized tranches of existing loans under the Main Street Expanded Loan Facility (MSELF). The … Read more

by kafkagoeswest Call me a conspiracy theorist, but I knew the announcement would come today about the plan to open, but the interesting thing is the Gilead leak being promoted by the media as a massive element of this AH surge. The thought being we’re opening soon and have a therapeutic is all too convenient. … Read more

WTI under $20 a barrel is big story. But to see the JKM LNG benchmark barely above $2 per million British thermal unit is even bigger. And it appears that more pain is around the corner | #LNG And please, do follow @SStapczynski and @a_shiryaevskaya for all LNG news. https://t.co/LgO5XKcA9y — Javier Blas (@JavierBlas) April … Read more

Donald Trump is threatening to use a never-before-employed power of his office to adjourn both chambers of Congress so he can make “recess appointments” to fill vacant positions within his administration he says Senate Democrats are keeping empty amid the coronavirus pandemic. Mr Trump opened his daily virus press conference on Wednesday by griping about … Read more

by dvdmovie1 As we help thousands of businesses to move online, our platform is now handling Black Friday level traffic every day! It won't be long before traffic has doubled or more. Our merchants aren't stopping, neither are we. We need 🧠to scale our platform.https://t.co/e2JeyjcEeC pic.twitter.com/6lqSrNUCte — Jean-Michel Lemieux (@jmwind) April 16, 2020 Goes along … Read more

NEW: Ecuador's Guayas province, where 187 people are confirmed to have died of coronavirus, recorded 6,700 deaths from all causes during the first half of April, significantly higher than the 1,000 average – BBC — BNO News (@BNOFeed) April 17, 2020 An excess of 5700 deaths in 2 weeks would be very noticeable. It’s hard … Read more

by fp_weenie NOTE: they made an adjustment in how deaths are calculated, the spike covers multiple days of adjusted deaths.    

The Pennsylvania investment firm that owns the Ritz-Carlton Coconut Grove in Miami has applied for as many as 48 taxpayer-backed loans under an emergency program meant to help the nation’s smallest businesses hang on to their employees through the coronavirus pandemic. A Maryland hotel company that did more than $1.5 billion in revenue last year … Read more

The U.S. Air Force has ended its uninterrupted rotations of bombers to Andersen Air Force Base on Guam, which have been ongoing since 2004, as it shifts to a less predictable concept of operations. Five B-52H Stratofortresses left yesterday with no replacement aircraft in place, bringing an end to what the service had called the Continuous Bomber Presence Mission. This … Read more

Gov. Abbott unveils plan to gradually reopen Texas The governor has emphasized it would be gradual and not everything would open all at once. Author: Michelle Choi, Jaime E. Galvan, Ciara Rouege (KHOU) Published: 7:10 AM CDT April 17, 2020 AUSTIN, Texas — Gov. Greg About issued a series of executive orders Friday that will help … Read more