By Alex Kimani Only weeks ago, scores of rating agencies sounded the alarm that the coronavirus credit crunch would set in motion a wave of corporate bankruptcies that would make the 2008 credit crisis look like child’s play. With many of the world’s most advanced economies all entering a synchronized shutdown with no end in sight, it … Read more
By Nick Cunningham Just days after the largest production cut in history, WTI fell below $20 per barrel. The oil world was hyper-focused on what OPEC+ might do over the past week, and on what the Texas Railroad Commission might do as a follow-up measure. The cuts are massive. OPEC+ alone will cut by nearly … Read more
by Shaun Richards As the Corona Virus pandemic rages many eyes turn towards world bodies for help. In the financial world a major one is the International Monetary Fund and there have been some grand suggestions for its role in the years ahead. Let me take you to FT Alphaville from a last month. It … Read more
https://www.youtube.com/watch?v=C_mXqlfqpwY Marty Walsh from Trending Politics reports, Former U.S. Ambassador to the United Nations Nikki Haley did not mince her words this week when asked about President Donald Trump’s threat to stop funding the World Health Organization over its response to the CV. Read More/Source/Credit/FairUse: https://trendingpolitics.com/always-h…
“We all have found our ways to keep our spirits up during these trying times. Mine just happens to fill up my freezer. ” Does anyone know the cost of those massive Sub Zero Freezer/Refrigerators? Its rhetorical h/t Eustace Muffins
A medical examiner in Thailand died after catching coronavirus from a dead patient, scientists suspect. The forensic worker was infected in Bangkok in what is thought to be the first such case anywhere in the world. Researchers warned in a letter published in the Journal of Forensic and Legal Medicine that forensic workers would have … Read more
by AC They belong completely to you. They happened to you for a reason. You are supposed to learn from them. Don’t let yourself be tempted into blaming someone else, or something else. Because if you do that, you only end up cheating yourself. You miss the lesson. You lose the value of what you … Read more
Will the housing market crash happen in 2020? While some people believe the health crisis will soon disappear, others can be overly anxious about how long it’s still going to last and how deep the consequences of this outburst could hit them. A number of Americans are already feeling a hint of the weight of … Read more
Democrats Descend Into CHAOS As Bernie Supporters REVOLT, Leftists Outraged Over Bernie’s Betrayal. Bernie Sanders has been under fire by his now former supporters due to his endorsement of Democratic front runner Joe Biden. Following a wave of criticism and rejection by Democratic socialists, progressives, and the far left Bernie Sanders said it would be … Read more
By Nick Cunningham of Oilprice.com: Oil and gas production in the United States has peaked and is already in decline. The latest data from the EIA’s Drilling Productivity Report sees widespread production declines across all major shale basins in the country. The Permian is set to lose 76,000 bpd between April and May, with declines also evident in … Read more
https://www.youtube.com/watch?v=Ls8at1cfG_E The clock is now ticking down for the [DS]/D’s and the MSM, The invisible enemy has now lost. Trump is going to bring the country out of the GP and will introduce HQ as the cure. This is the beginning to show that there are other cures out there that were hidden from us. … Read more
https://www.youtube.com/watch?v=RJMkk6GLSPg Marty Walsh from Trending Politics reports, Iowa Republican Sen. Chuck Grassley went scorched earth over the weekend and accused Senate Minority Leader Chuck Schumer, House Speaker Nancy Pelosi, and Democrats of playing politics on the coronavirus stimulus bill. During an interview Saturday on Fox News’ “Cavuto Live,” Grassley stated that Schumer and Pelosi “don’t … Read more
Watch the video on your TV not on your phone. It’s a 55min video. I dont care for your comments, this video will blow your mind. Related short clip h/t Eustace Muffins Disclaimer: This is a guest post and it doesn’t necessarily represent the views of IWB.
by rdtrdy – 50% back up rally is ripe for taking profits and panicky limiting of losses – Bounced down off the 280+ level twice, last Thursday end of day and again this morning – April 15th was the Roth IRA deadline, retail investor buying dries up now – A lot of the Trump bucks … Read more
The American Dream ended the moment the global economy tanked and people are still recommending outdated information. The last remaining remnants of your purchasing power is at stake and people are still consulting people that give recession style information.
IMF says, “This is a crisis like no other, and there is substantial uncertainty about its impact on people’s lives and livelihoods.”
by UPFINA Investors are getting back to the basics by looking at balance sheets. Their reasoning is simple: liquidity is tough to come by. Companies that won’t make it through this recession won’t reap the rewards of the recovery. At the bottom in late March, it was common to see companies that probably weren’t close to … Read more
https://www.youtube.com/watch?v=1xqRZjxsQak&feature=youtu.be Should we bailout big CORPORATIONS…AGAIN? When will THE FED stop their insanity? I explained on @RT_America tonight!! Chk it out!! Link below 😉👍👇 George Gammon: Feds bailouts will create mass inflation https://t.co/w80bHgt9pI via @YouTube pic.twitter.com/8eQ2yQ8C4D — George Gammon (@GeorgeGammon) April 16, 2020 Take a wild guess who else is getting bailed out right now. … Read more
https://twitter.com/realwillmeade/status/1250573354727243778 It took one month of volatility to Annihilate any remaining semblance of Fed Credibility and independence. — Paranoid Bull (@paranoidbull) April 16, 2020 https://twitter.com/realwillmeade/status/1250466974435618816 Federal Reserve has encouraged moral hazard on a grand scale.Chair Powell has gone from preaching about credit risks to buying junk bond funds https://t.co/edwX1lhDYh via @financialtimes — Stare Decisis (@MsResJudicata) … Read more
https://twitter.com/yuriymatso/status/1250548778093776896 How much is this people going long specific names and hedging the beta? https://t.co/0PC0e8kYyl — Robin Wigglesworth (@RobinWigg) April 15, 2020 At today's high, the S&P 500 got within ~16% of the most extreme valuations in U.S. history. I know ya'll are looking "over the valley" because recession lows are followed by bull markets. … Read more