Department of Defence officials and civilian authorities have repeatedly played down fears that the US National Guard could be called in to enforce martial law in one or more jurisdictions of the United States in response to the coronavirus pandemic, dismissing claims to the contrary as “false” and akin to “conspiracy theories.” The Pentagon quietly … Read more
Australia: $1993 a month Canada: $1,433 a month Denmark: Up to $3,288 a month France: Up to $7,575 a month Germany: Up to $7,326.78 a month Ireland: Up to $1793.44 a month UK: Up to $3,084 a month U.S.: $1,200 to last for 10 weeks Say, how much did those corporations get from the stimulus? … Read more
by sundance The Senate Judiciary Committee has just released a bunch of documents, some of which were on the original 2018 congressional request for declassification. The documents are considerably interesting; perhaps even EXPLOSIVE. [Start Digging Here] The documents include more Papadopoulos transcripts from wired conversations with FBI confidential human source Stefan Halper; and also for the … Read more
via breitbart A report at the Epoch Times on Tuesday said that despite the much-ballyhooed grand reopening of Wuhan, the city at the heart of the coronavirus pandemic, and the confident proclamations of Chinese officials that the virus has been all but exterminated, quarantines are being quietly reimposed on residential compounds as new infections spread. Thousands flooded out of Wuhan last week by … Read more
https://www.cnbc.com/2020/04/16/morgan-stanley-ceo-gorman-says-coronavirus-recession-may-last-until-2021.html Morgan Stanley CEO James Gorman sees the coronavirus-induced global recession lasting for the entirety of this year and 2021. When asked about how a potential economic recovery expected in the second half of this year would take shape, Gorman said that while he hopes it will be a sharp “V” recovery, in reality it … Read more
by SpontaneousDisorder 4th Week of massive claims numbers but this week it did ease a bit. For more charts see these links. https://www.zerohedge.com/personal-finance/22-million-last-4-weeks-has-erased-all-jobs-created-great-recession Bloomberg https://archive.vn/exDnS
by 4helenmar I applied for the SBA EIDL and requested the advance. I applied for PPP. I applied (twice now) for my own states business loan assistance. I was quick to get everything done and in. I received the infamous email from the SBA last week. Credit pull on Sunday. Nothing else. No sudden cash … Read more
What's the data that lies behind the decision to extend the UK lockdown? Has the disease now peaked in Britain? And what is the economic fallout? My latest explainer, including some scary charts but also some that offer a glimmer of hope https://t.co/gQHfFAsiFg — Ed Conway (@EdConwaySky) April 16, 2020
🇺🇸🦠📈Why are equities booming? Maybe due to a shortage of unsafe assets? Buybacks and M&A activity have massively outpaced gross equity issuance since 2010 – underpinning equity valuations due to scarcity, esp. with ongoing money creation And right now #moneyprintergoesbrrr! pic.twitter.com/4OwXOeIMVG — Martin Enlund ⚡️🦆🚁 (@enlundm) April 17, 2020 Nasdaq 100 Green YTD, EPS expectations … Read more
.@Jkylebass: For all joint ventures of US financial firms in #China, the chief Asian economist must be a member of the Communist Party. "Everything that gets written about the Chinese financial system is…through the lenses of the propagandists.” Watch: https://t.co/EMaBaQPsLs pic.twitter.com/1S4hf5WG5F — Jan Jekielek (@JanJekielek) April 17, 2020
Yesterday’s debt levels will look like a joke in comparison to what is coming…@tom_hoenig @pdacostahttps://t.co/bigNYBdFNO pic.twitter.com/i60YwMpokz — Real Vision (@RealVision) April 14, 2020 At the peak of Bernanke-era QE, the Fed was buying $120bn per month. In 2020 purchases are running at $70bn+ per day! @DeutscheBank via @SoberLook pic.twitter.com/wl6Xl35AiR — Adam Tooze (@adam_tooze) April 16, … Read more
via WSJ Restaurant chain is among first to disclose SBA funds received under federal rescue package The owner of the high-end Ruth’s Chris Steak House chain is among the first public companies to disclose it has received a government-backed loan to keep people on its payroll. Ruth’s Hospitality Group Inc., a company with more than … Read more
Banks are being conservative which might suggest that all of this is “priced in”. They’re borrowing like crazy with the Fed rate at 0.25% and they’re using that capital to pay down old, higher interest liabilities i.e. collectively, they’re handing it back to the Fed. None of that looks good or sounds good from a … Read more
https://twitter.com/DonDraperClone/status/1250873599143088133 Wall Street banks are lending billions of dollars to desperate companies these days, like hotelier Marriott International and concert producer Live Nation Entertainment https://t.co/NB1hgPgQK6 — Bloomberg Markets (@markets) April 16, 2020 "A CEO who stands by their short-term targets that were set right before this virus hit, I don’t know what planet they’re on. … Read more
by ksixi I’m more bullish than probably 80% of folks on this site, but this trial data is useless. First of all, 125 patients is a tiny sample size. Second of all, 2 patients died, which is a 1.6% fatality rate for patients who were probably receiving the best medical care available in the world. … Read more
Chris Vermeulen of The Technical Traders interviewed by Half Dollar of Silver Doctors Silver and the junior miners may not be the hottest sector around right now, but they will be once the stock market reaches its bottom. When will that be, and what can we expect? Chris Vermeulen joins us today to discuss all of the latest action in … Read more
https://www.youtube.com/watch?v=_naE9vPwctc The [CB] has now pushed the country to the edge, the patriots are now countering it with currency from the [CB]. The plan was about gaining leverage, to bring companies back to the US, by force if necessary. This leverage is undoing they have done to the US economy since 1913. The [DS]/MSM/D’s plan … Read more
Talk Digital Network, Released on 4/16/20 Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial blog: http://www.jugglingdynamite.com. Danielle worked as an attorney … Read more
by Chris Martenson of Peak Prosperity Award-winning investigative journalist Matt Taibbi penned perhaps the most iconic condemnation of the bankers who created (and subsequently got bailed out during) the Great Financial Crisis: “The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the … Read more