What Are the Markets Saying About Inflation Today?

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by The Phoenix “The question is not which woman is the most beautiful but which woman everyone else will think is the most beautiful.” The man in front of me is a billionaire investor. He is a self-made billionaire. He has actually funded other billionaire investors’ hedge funds. Warren Buffett has publicly admitted that he is … Read more

Buffett and Munger’s Current State of Confusion Speaks Volumes

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From Birch Gold Group When the vice chairman of one of the world’s largest investment firms and one of the most well-known names on Wall Street both “throw up their hands” in a time of economic crisis, it’s a good idea to pay close attention. We’re referring to Charlie Munger and Warren Buffett of Berkshire Hathaway, both of whom seem baffled by … Read more

Upcoming S&P 500 earnings April 27 to May 1

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by Annapurna__ Earnings spotlight: Keurig Dr Pepper (NYSE:KDP) and F5 Networks (NASDAQ:FFIV) on April 27 UPS (NYSE:UPS), 3M (NYSE:MMM), Alphabet, Southwest Airlines (NYSE:LUV), Ford (NYSE:F), Caterpillar (NYSE:CAT), AMD (NASDAQ:AMD), PepsiCo (NASDAQ:PEP), Starbucks (NASDAQ:SBUX) and Merck (NYSE:MRK) on April 28 Microsoft (MSFT), eBay (NASDAQ:EBAY), Facebook, Yum Brands (NYSE:YUM), Boeing (NYSE:BA), Mastercard (NYSE:MA), General Electric (NYSE:GE) and … Read more

FBI Director Wray Pushed To Withhold Exculpatory Evidence In Flynn Case

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The truth is coming out and Gen. Flynn will be vindicated. _____ EXCLUSIVE: Source Says FBI Director Christopher Wray Pushed To Withhold Exculpatory Evidence In Mike Flynn Case By CHRISTIAN DATOC | April 24, 2020 (Daily Caller) – Federal Bureau of Investigation Director Christopher Wray fought to prevent exculpatory evidence from surfacing in the case of … Read more

The reason why stocks were heading up for past 3 weeks – Blackout period of mega caps

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by nats7798 The Securities and Exchange Commission (SEC) has set rules to ensure that employees are not at a disadvantage during a blackout period. The SEC prohibits any director or executive officer of an issuer of any equity security from purchasing, selling or otherwise acquiring or transferring securities during a pension plan blackout period.2 In addition, the SEC has established rules … Read more

House prices don’t fall, even though nobody is buying. Kinda like stocks?

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by nudedirection The coronavirus pandemic has dampened the spring homebuying season by nearly every measure—but buyers still might not find the discounts they’re looking for. Of the nearly 3,000 agents surveyed by the National Association of Realtors (NAR) between April 19 and 20, 64% said buyers expect a decline in home prices, with the largest share … Read more

U.S. economy to reopen in May and June and then ‘really bounce back,’ Mnuchin says, but others are thinking fall

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The U.S. economy will start to recover in the third quarter after a period of reopening in May and June, Treasury Secretary Steven Mnuchin said Sunday. “As we begin to reopen the economy in May and June, you’re going to see the economy really bounce back in July, August and September,” Mnuchin said in an … Read more

KEVIN WILLIAMSON: States Should Not Receive Bankruptcy Protection.

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via nationalreview Mitch McConnell believes he has hit upon a solution for states that are upside-down on their pension obligations and other financial commitments: “I would certainly be in favor of allowing states to use the bankruptcy route,” he told Hugh Hewitt on Wednesday. “It’s saved some cities, and there’s no good reason for it not to be available.” … Read more

The Economic Bust Wasn’t Caused By A Virus

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by Mark Thornton via Mises On February 10 the stock markets were at all-time highs, with the Dow 30 at almost 30,000. The unemployment rate was at an all-time low and interest rates around most of the world were at all-time lows. With interest rates near zero for an entire decade, the value of stocks, bonds, real … Read more

Documentary about Social Control, Manufactured Consent, Science and Education that examines the history, the philosophy and the pathology of elite ruling power.

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“The driving source in society is not love, its fear” This film is about the rise of mechanistic philosophy and the exploitation of human beings under modern hierarchical systems.” The film includes original interviews with: Noam Chomsky, Howard Zinn, Rebecca Lemov (World as Laboratory), Christopher Simpson (The Science of Coercion), George Ritzer (The McDonaldization of … Read more

This article helped me understand a little as to why the market is rallying. Wish I knew this before buying puts on SPY – “Amazon’s $1.2 trillion market value, in fact, now accounts for more than 40% of the entire value of the S&P 500 consumer-discretionary sector.”

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The S&P 500 is just 16% off its all-time high and up 29% off its low a month ago despite a pandemic that’s cost 26 million jobs.  But stocks don’t appear to be handicapping a quick resurgence in the economy when looking at the weak performance of “early cycle” groups such as autos, banks, consumer … Read more

Markets are engaged in a key battle between the worst evolving fundamental picture in our lifetimes on the one hand, and the largest set of liquidity injections in history.

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by northmantrader New bull market? No. Unproven. New lows to come or a retest? No. Unproven. Markets are engaged in a key battle between the worst evolving fundamental picture in our lifetimes on the one hand, and the largest set of liquidity injections in history. A looming $3.7 trillion deficit, a Fed balance sheets on a … Read more

Experts Worry ‘Quarantine Fatigue’ Starting… CALIFORNIA: Tens of Thousands Defy Newsom’s Authoritarian Lockdown Order and Flock to SoCal Beaches

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Researchers tracking smartphone data say they recently made a disturbing discovery: For the first time since states began implementing stay-at-home orders in mid-March to limit the spread of the novel coronavirus, Americans are staying home less. The nationwide shift during the week of April 13 was relatively slight. However, any loss of momentum, particularly when … Read more

Rick Ackerman – We Have a Deflationary Abyss to Cross. Interesting Depression & Period of Living Without

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Financial writer and professional trader Rick Ackerman says he likes gold because even in deflation, debt default and destruction, “Gold will hold its value. . . . Gold is catching on now because of uncertainty and not inflation—yet.” In closing, Ackerman says, “I still believe we are going to have a deflationary abyss to cross … Read more