Limitation of the President & Have the States Violated the Constitution Imposing a Lockdown?

by

by Martin Armstrong (DOWNLOAD this Article: Commerce Clause.docx QUESTION: Can Trump reopen the economy at will? UT ANSWER: There is no doubt that Americans have been getting a civics lesson as they turn to Washington for answers to the coronavirus crisis, but discover that their state governors have assumed far more control over what goes on … Read more

There’s No Going Back, We Can Only Go Forward

by

by Charles Hugh-Smith What I see is a global collapse of intangible capital that is invisible to most people. It’s only natural that the conventional expectation is a return to the pre-pandemic world is just a matter of time. Whether it’s three months or six months or 18 months, “the good old days” will return just … Read more

Have Jobless Claims Peaked Yet?

by

by UPFINA Before we get into the latest on earnings estimates, jobless claims, and consumer confidence, let’s quickly recognize how unprecedented the period in markets we have just witnessed has been. As the chart below shows, in the past 7 weeks, there have been 22 days with more than 3% moves either up or down. That’s … Read more

Mark Mobius: Markets Have Not Hit the ‘Absolute Bottom’ Yet; Cam Hui: S&P 500 Could Tumble To A Range Between 1,275 And 1,710 Before A Bull Market Resumes

by

Markets Have Not Hit the ‘Absolute Bottom’ Yet, Says Mark Mobius “I don’t think we’re at the absolute bottom yet because the implications of this shutdown are incredible,” Mark Mobius, the founding partner of Mobius Capital Partners, said. He added that “things are pretty bad” from the perspective of corporate earnings.   Why the Stock … Read more

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

by

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

by

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!’

by

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!)

by

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.

by

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:

by

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

by

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

by

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

by

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

by

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