The Economic Outlook Has Never Been This Uncertain Before By A Big Margin

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Going to tweet out some of damn fine charts from Bank of America. First up, the economic outlook has never been this uncertain before. By a big margin. pic.twitter.com/WHW6jZN8Ev — Robin Wigglesworth (@RobinWigg) April 14, 2020 THIS IS MY SHOCKED FACE:  Pandemic likely to exceed Great Recession in number of bankruptcies. The coronavirus pandemic that has sickened over … Read more

The Fate of All Nations

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by Martin Armstrong The economy like a man seated on a rock among fallen trees in a forest with his chin propped up by his arm resting on his thigh, while high overhead the wind of change blew breaking the tops of the trees as they fell to the ground. He sat on the top … Read more

Now It Is The Elite That Are Feverishly ‘Prepping’ For The Collapse Of Society –Top Economists Predict The Housing Crash Is Coming! Prepare For The Imminent Economic Collapse And Stock Market Crash Worse Than 2008 — The Disaster Is Here — Elite Will Soon Prevent You Accessing Your Own Money!’

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by Amy S.  The Global Elite Secret Plans For The Next Financial Crisis I stated in this article that an “imminent disaster.US stock markets”, and that “people seem to have forgotten one central and critical point. Most people seem to believe that they have to lose a great deal of money when crises materialize and … Read more

FCC Doing ‘a top to bottom review of every’ Chinese Telecom Company In US, Says Commissioner Carr (routing US Phone Calls through China!)

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FCC Commissioner Brendan Carr told The Sara Carter Show Monday that the Federal Communications Commission will proceed with the Department of Justice’s recommendation to fully investigate China Telecom Corp. over alleged espionage and is now conducting a top to bottom review of every single Chinese company operating in the United States telecommunications networks. Amid concerns … Read more

China Limited the Mekong’s Flow. Other Countries Suffered a Drought.

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New research show that Beijing’s engineers appear to have directly caused the record low levels of water in Thailand, Laos, Cambodia and Vietnam. BANGKOK — As China was stricken by the coronavirus in late February, its foreign minister addressed a concerned crowd in Laos, where farmers and fishers across the Mekong River region were contending … Read more

WHEN MARKETING RULES AN ENGINEERING FIRM:

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New document reveals significant fall from grace for Boeing’s space program. The 2014 crew contract analysis, authored by NASA’s then-chief of human spaceflight, William Gerstenmaier, frequently lauds Boeing for its technical and management expertise. “This is a very comprehensive, credible plan,” Gerstenmaier wrote. He described their earlier work in the commercial crew program as “excellent … Read more

Food Supply Shortages Are Coming

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Wall St. For Main St., Released on 4/12/20 Over the last 4-6 weeks, well over a dozen in depth and well researched articles have come out warning about the upcoming problems with the global food supply chain thanks to travel restrictions, temporary workers being denied the ability to cross borders, governments starting to hoard crops … Read more

Saudis To Issue Debt As Price Crash And Oil Deal Hit Revenues

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By Tsvetana Paraskova OPEC’s top producer and the world’s top oil exporter, Saudi Arabia, may soon tap the international debt market to raise money as the oil price crash and the historic oil production cut deal are hitting the Kingdom’s primary source of external revenues – oil income, four banking sources told Reuters on Monday. Saudi Arabia’s … Read more

Grubhub, DoorDash, Postmates, Uber Eats are sued over restaurant prices amid pandemic

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In a proposed class action filed in Manhattan federal court, three consumers said the defendants violated U.S. antitrust law by requiring that restaurants charge delivery customers and dine-in customers the same price, while imposing “exorbitant” fees of 10% to 40% of revenue to process delivery orders. The consumers, all from New York, said this sticks … Read more

Why we won’t see major drops anymore

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by Fwellimort Has anyone spent the time to what the S&P500 is actually constituted of as of today. First of all, we all know mass un-employment is occurring and people working in local restaurants and all are screwed. But, just because the rest of the world is in ruins doesn’t mean every sector is in … Read more

Return to normal? Not so fast! The S&P dropped 53% before making the final low in March 2009. 2020 TBD. ‘Back to work doesn’t mean back to growth’

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https://twitter.com/QUIX_MASTERMIND/status/1249873427088973825 Does a 50% retracement mean a bad event has to be over? The S&P 500 peaked in Oct 2007, dropped to March 2008 low, rallied hard into May and retraced over 50% of the A to B move. Was the low in? No, the S&P dropped 53% before making the final low in March … Read more

Mnuchin Pulls It Off? ‘Economic Impact Payments’ (Free Govt Money) Hit Bank Accounts Today!

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(by Half Dollar) Stevie did say “you’ll get your money in two weeks”. And he said that on April 2nd: And it seems he’s following through with the Free Lunches! From the IRS: #IRS deposited the first Economic Impact Payments into taxpayers’ bank accounts today. We know many people are anxious to get their payments; we’ll continue … Read more

Wow – Supreme Court Will Hold Hearings Via Teleconference and Broadcast Live Audio of Consolidated Trump Financial Cases…

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by sundance The resistance appears to be coming together.  In a stunning and historic change of protocol the United States Supreme Court will hold teleconference hearings and will actually live-stream broadcast the oral arguments and questions. Two elements are remarkable. First, that the Supreme Court would permit a livestream broadcast of any hearing is historic. The … Read more

Fear of an Impending Car-Price Collapse Grips Auto Industry

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https://finance.yahoo.com/news/fear-impending-car-price-collapse-110000556.html Sort of a no-brainer here The ripple effects that the shutdowns have for every single day they go on and the general societal changes will be a disaster for many, many industries for quite some time. I’ve been saying for some time that a multi-year global Great Depression is a likely outcome from all … Read more

Mark Cuban: ‘Banks are playing’ games on loans, leaving small businesses ‘out in the cold’

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Midcaps should be hurting for a while. Billionaire entrepreneur and “Shark Tank” investor Mark Cuban said Monday that the recently launched small business loan program has been beset by challenges. “Banks are playing themselves. They’re being banks and they’re trying to determine if the credits are good,” Cuban said on “Squawk Box.” “Until we get through … Read more