Walt Disney World plans to stop paying wages to 43,000 workers in about a week while allowing them to keep their benefits for up to a year in what is the largest wave of furloughs since the theme park resort closed in mid-March because of the new coronavirus spread. Workers will be able to keep … Read more
Wow, this is kinda big…. Today, interested Executive Branch agencies[1] unanimously recommended that the Federal Communications Commission (FCC) revoke and terminate China Telecom (Americas) Corp.’s authorizations to provide international telecommunications services to and from the United States. China Telecom is the U.S. subsidiary of a People’s Republic of China (PRC) state-owned telecommunications company. https://www.justice.gov/opa/pr/executive-branch-agencies-recommend-fcc-revoke-and-terminate-china-telecom-s-authorizations Heres … Read more
JPMorgan Chase, the country’s largest lender by assets, is raising borrowing standards this week for most new home loans as the bank moves to mitigate lending risk stemming from the novel coronavirus disruption. From Tuesday, customers applying for a new mortgage will need a credit score of at least 700, and will be required to … Read more
Six people were shot, including a juvenile, at a large house party in California that violated the state’s stay-at-home order. The shooting took place just before 12:30 a.m. on Saturday at an apartment complex in Bakersfield, in southern California, the Kern County Sheriff’s Office said in a press release. Investigators found 94 shell casings and … Read more
Aww how adorable. Door to door “temperature checks” to determine who is “infected.” Child Protective Service must confiscate your kids. Hey when is AG Bill Barr gonna prosecute the 1000+ “high profile” clients from Jeffrey Epstein’s island clientele (like Bill Gates)? xero
by NomBok Just woke up with a notification my PPP Loan through Wells Fargo was deposited. Here’s a timeline of my process: Saturday the 4th: Filled out the “interest form” within about an hour of it going live Monday: Got an email saying they couldn’t offer me a loan at that time but put me … Read more
by BlackhatMedley You don’t have to do anything shady to end up with a situation where banks would clearly end up approving the least amount of applications, for the maximum loan amount, for the wealthiest applicants. Our congress left it up to PRIVATE businesses, just like yours and mine, to decide to make their loan … Read more
by Ski_g So I’m no analyst. But I found something pretty interesting. As RSI and y=Mx+b Then I looked at the finobsccicieidieidiei line and yeah. It’s decided. I realized that we’re set for an Enron shaped recovery. If you look at the peaks and the lows primarily the lowest point that occurred in 2003 we … Read more
by Yourhearse So because this delusional individual is so convinced Trump is going to lead us into global war despite showing greater restraint than virtually anyone in DC, the hope is that Hydroxychloroquine doesn’t work. That’s simply nuts EPOCH TIMES REPORTS CDC REMOVING INFORMATION ABOUT HYDROXYCHLOROQUINE FROM THEIR WEBSITE. INCLUDING DOSAGE RECOMMENDATIONS. Bolsonaro Says Trump … Read more
by SwimCamel I was listening to some late-night financial talk last night per my oil guy Erik Townsend and my Vyvanse prescription decided to give you fuckers a write-up. So put down the crayons, wipe that drool off your chin, and call in the wife’s bf to help you sound out the big words because … Read more
by NumbersCPA123 I’m a small business CPA, started my firm in 1999, have 4 CPA’s on staff, and 8 other para-professionals. We are the outsourced CFO for about 150 small businesses, and manage about $100mm in investors assets. We have been waging a war the last several weeks to help my 150 small business owners … Read more
by Chris Vermeulen of The Technical Traders In this section of our multi-part research post centered around our Adaptive Fibonacci Price Modeling system’s expectations, we are focusing on the NQ (NASDAQ futures) and the future expected price rotations. As we discussed earlier, in Part I, Fibonacci price theory teaches us that price must always attempt to establish new price … Read more
by perfectentry1 Most market participants are completely unaware of the dangers of stock buy back programs, which have been all the rage since around 2011 and the injection of Fed Liquidity into the markets. Stock buy backs have no tangible benefit to corporations. They are a wash for investors, and greatly increase corporate risk. Rarely … Read more
Does former CIA Officer and counter-terrorism expert Kevin Shipp think President Trump will keep the economy shut down? Shipp says, “At first, he had to let them go to show he was handling this pandemic using experts. . . . Trump is a strategist, and I think he is doing this: As he watches the … Read more
by appletreea Honestly, how bad is this? Personally, for me, this outbreak will last a year or so. I own a dry cleaner plant in NYC and have been one of the “lucky” few who is currently still in business even though revenue is down 75%. I applied to various programs except for PPP but … Read more
by cgrez33 Today exactly 72hrs or whatever before travel, I get an email that the flight Is cancelled per the airline. I hadn’t made changes or cancelled the flight yet. Though I was planning to but they had told me to wait until 72 hours before the flight to make any changes. Dealing with Expedia: … Read more
#recession … #StockMarketCrash2020 edition#SPX #SPX500 $SPY #DJIA #NASDAQ100 $QQQ #Earnings 📉 https://t.co/I6BnWOesri — Invariant Perspective (@InvariantPersp1) April 11, 2020 The global economy is already contracting, and is losing steam faster than in the early days of the financial crisis https://t.co/HNdUsy6v9L via @DanHanson41 & @TomOrlik pic.twitter.com/FajoWKhlYe — Zoe Schneeweiss (@ZSchneeweiss) April 11, 2020 Coronavirus: Trump has … Read more
by MrCentaeo Disney is overvalued at $105. It has fallen 30% from its highs however, with projected earnings per share and with uncertainty about when they will realistically be able to open and what kind of demand will be there for them when they do means this company should probably suffer another 30-50% drop from where … Read more
As we well know by now, by the time the Fed finally took action to intervening and stop the economic collapse , it was already too late. It isn’t in the Fed’s interest to really cease this crash, it’s actually exactly what they’re going for – they designed all the necessary conditions to create this … Read more
https://www.youtube.com/watch?v=d5jmVLWnon8 Jim Hoft from The Gateway Pundit reports, On Tuesday on CNN, Nancy Pelosi said that she was going to push for federally forced vote by mail in the 2020 election in the next round of CV aid. The election is seven months away. She really is wicked. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2020/04/go-wicked-pelosi-says-will-include-federally-forced-mail-voting-next-round-coronavirus-aid-video/