This is why the market is not dropping further right now. And market indicators to look for.

by TSPninja You’ve seen it said before, “the data isn’t in yet”. There is actually a lot more truth behind this than many think. Savvy investors do not make major sell moves without having data supporting indicators of a pending recession. I have been redesigning my own long-term investment strategy (which was posted earlier, but … Read more

Small Business Layoffs Jump 1,000% in March; St Louis Fed Estimating 47 Million People Laid Off By End Of Second Quarter

Small business layoffs jump 1,000% in March Layoffs at small business spiked 1,021% in March, compared to the month before, according to payroll provider Gusto. April is expected to be much worse with economists forecasting unemployment at as much as 15% or more. https://www.cnbc.com/2020/04/09/small-business-layoffs-jump-1000percent-in-march.html St Louis Fed Estimating 47 Million People Laid Off By End … Read more

Food Bank Lines Across the Country Stretch for Miles

Lines stretching for miles of cars at a standstill are becoming a common sight in cities across the country, but it’s not rush hour traffic. Tens of thousands of families are waiting in line at local food banks, as demand is skyrocketing amidst unprecedented levels of unemployment. Some have resorted to selling face masks on … Read more

China could potentially “weaponize our medicines.

published 9/12/19 U.S. officials worried about Chinese control of American drug supply. “Basically we’ve outsourced our entire industry to China,” retired Brig. Gen. John Adams told NBC News. “That is a strategic vulnerability.” “I think they know exactly what they’re doing and they’re incredibly good strategists. They’re doing this, they select their industries for the … Read more

They all knew @RealDonaldTrump was innocent but they smeared and spied on him. Worst scandal in our nation’s history.

Obama knew. Clinton knew. Biden knew. Comey knew. Brennan knew. McCabe knew. Strzok knew. Clapper knew. Rosenstein knew. FBI knew. DOJ knew. CIA knew. State knew. They all knew @RealDonaldTrump was innocent but they smeared and spied on him. Worst scandal in our nation's history. https://t.co/X2vCGLVAeH — Tom Fitton (@TomFitton) April 10, 2020 I have … Read more

EASTER SUNDAY TORNADO/ SEVERE Wx OUTBREAK POSS. DEEP SOUTH: LA, MS, AL, GA

SPC already calling for a severe weather outbreak in the Deep South from East Texas all the way East to Georgia. FIDDY PER CENT RULE, B: https://www.spc.noaa.gov/products/outlook/day3otlk.html “…THERE IS A MODERATE RISK OF SEVERE THUNDERSTORMS FOR CENTRAL/NORTHERN LOUISIANA…SOUTHEAST ARKANSAS…MISSISSIPPI…WESTERN/CENTRAL ALABAMA… …SUMMARY… An outbreak of severe thunderstorms appears likely Sunday into Sunday night, with the greatest … Read more

Unemployed Californians to get an extra $600 in weekly benefits starting Sunday amid coronavirus crisis

SACRAMENTO —  Californians struggling to find work will receive an extra $600 in weekly unemployment benefits from a federal stimulus package starting Sunday, Gov. Gavin Newsom said, as a deluge of 2.3 million new claims in the last month has the state struggling to get payments to those who have just lost their jobs. The additional … Read more

“DOJ rejects CNN analyst’s claim he has legal right to attend Trump briefings. Puts WHCA on notice that its control of access to briefings is based on tradition and not law.”

DOJ rejects CNN analyst's claim he has legal right to attend Trump briefings. Puts White House press corps on notice that its control of access to briefings is based on tradition and not law. https://t.co/5kxJfvtmTv — John Solomon (@jsolomonReports) April 6, 2020 WH should demand return (or cancellation) of all existing hard passes and set … Read more

Stephen Roach warns: Coronavirus will affect consumer behavior for a very long time

Bloomberg Markets and Finance, Released on 4/8/20 Yale University’s Stephen Roach examines what the world can learn from how China reopens its economy and the long-lasting effects of the coronavirus pandemic. Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm’s chief economist, is a senior fellow at Yale University’s Jackson Institute of … Read more

Finland to start manufacturing masks domestically after China delivers 2 million bad masks

“‘Our target is to manufacture over 100 million respirators and surgical masks annually in Finland,’ Lifa Air CEO Johan Brandt stated in a release on Wednesday evening. Lifa Air is a Finnish company that currently manufactures respirators and masks in China. Initial consignments of personal protection equipment for the National Emergency Supply Agency will come … Read more

Dianne Feinstein is pushing for Iran to receive $5 BILLION in funding from the United States to combat the Coronavirus. HELL NO!

Dianne Feinstein is pushing for Iran to receive $5 BILLION in funding from the United States to combat the Coronavirus. HELL NO! We should NOT give money to a country that chants “Death to America.” Who agrees? — Ryan Fournier (@RyanAFournier) April 10, 2020 Leading Democrat Dianne Feinstein insists this is the time for America … Read more

El-Erian: Fed Is Now ‘All In’; Gary Wagner: Gold Is Going Much, Much Higher

Bloomberg, Released on 4/9/20 Mohamed El-Erian, chief economic adviser at Allianz, says the Federal Reserve’s latest wave of stimulus shows that central banks around the world are “all in” when it comes to combating the economic fallout of the coronavirus pandemic. *This interview was recorded on April 8th Gary Wagner and Kerry Lutz speak for … Read more

Trump rambles about ‘genius’ coronavirus during long-winded briefing: ‘The germ has gotten so brilliant that antibiotics can’t

The leader of the free world rambled about his “brilliant enemy” during a coronavirus briefing that lasted two hours and sixteen minutes. Allies of the White House had been quoted in the press urging President Donald Trump to keep his remarks short, but that advice has apparently been ignored “They develop drugs, like the antibiotics, … Read more

Man Gets Dragged Off Bus By Police For Not Wearing Mask!

https://youtu.be/mLGIuS1CPzo After a viral video shows a man being dragged off a bus, SEPTA reverses its coronavirus face mask requirement by Patricia Madej, Updated: April 10, 2020- 5:23 PM SEPTA says it will no longer enforce a short-lived policy requiring riders to wear facial coverings after a widely shared video showing a man being dragged … Read more