A Wuhan doctor who was among the first to alert other medics to the spread of coronavirus has disappeared sparking concerns that she has been detained

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Dr Ai Fen was the first doctor to alert other colleagues about a SARS-like disease Her text led her co-worker Dr Li Wenliang to raise the concerns on social media  Dr Ai said she faced ‘unprecedented, extremely harsh reprimand’ after sharing  She gave interview criticising hospital and then went missing, reports suggest Coronavirus symptoms: what … Read more

STIMULUS CHECK: Everything you need to know

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Check IRS.gov for the latest information: No action needed by most people at this time IR-2020-61, March 30, 2020 WASHINGTON — The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most … Read more

AT&T new Facebook scam

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by HistrionicSlut I got a call from “att”, they left a message saying someone had committed fraud on my account and to call them back. I called the number (already suspicious) and it said welcome to att and had the proper hold music. I got in touch with a guy that gave me a name … Read more

Can’t Make Your Car Payment?

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by stacyyines​ It’s going to be a financial nightmare for many people soon or maybe is already. I just wanted to share some tips as a former collections person (who once repo’d cars 😳) if you might soon be or already are unable to make your car payment. DO NOT IGNORE CALLS OR HANG UP … Read more

Just to prove the Fed hasn’t got a clue what its doing. But at least it made a lot of pretty 000’s on its balance sheet.

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Did the Fed Just Accidentally Trigger a Housing Market Crash? By flooding the market with money, the Federal Reserve just accidentally pushed mortgage bankers to the brink of bankruptcy. The Federal Reserve just bought $250 billion of mortgage-backed securities in a bid to strengthen the markets. But the move caused a tsunami of margin calls … Read more

Do you have a boner yet? Here’s a map of where we are right now

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by arzt506 Check this out: https://preview.redd.it/9n087j9y95q41.png?width=1005&format=png&auto=webp&s=5f3d7eadebb16a16665d4fdf00214a7106ed7675 Assuming we continue down here, would be hard to pick a more perfect place for a reversal of this dead cat. Bounced straight off the weekly 200 MA AND the .382 fib of the crash. Just beautiful. The weekly 200 MA has been support for 9 YEARS. You hard … Read more

A much better “tell” on Chinese growth than pumped up state data.

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A much better “tell” on Chinese growth than pumped up state data. ⁦@Quillintel⁩⁦@SoberLook⁩ pic.twitter.com/tS5sQatzE9 — Danielle DiMartino Booth (@DiMartinoBooth) April 1, 2020 April 1.. good one China pic.twitter.com/8tv4SGKsYz — *Walter Bloomberg (@DeItaone) April 1, 2020 The Asian countries that benefited the most from the trade war fallout have seen meager rebounds vs China which calls … Read more

Emerging markets post record $83 billion outflow in March due to coronavirus shock, says IIF

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Emerging markets post record $83 billion outflow in March due to coronavirus shock, says @IIF – $52 bln equity outflow, $31 bln debt outflow. Compared to previous episodes of EM stress … there is no comparison.@RobinBrooksIIF @SergiLanauIIF pic.twitter.com/M8ixtpGp4l — Jamie McGeever (@ReutersJamie) April 1, 2020 https://twitter.com/Birdyword/status/1245149005387952128 A new wave of ASF is hitting #China >>African … Read more

A Lesson on VIX

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by Hanz-Wermhat Long time lurker first time (non-shit post) poster, felt I would give back some knowledge I have learned recently on how you can use VIX to see how retarded your PUT positions are. VIX is calculated using the pricing of OTM options, the higher the pricing the higher the implied volatility and likelihood of … Read more

Quit buying short-dated puts

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by Joesocktwo For the handful of people here who actually understand greeks, this post isn’t for you. For the rest of you numbnuts buying 0DTE FDs, this is for you. ​ Virtually every major crash has a characteristic anatomy You’re on the tail end of the last big upswing before the bottom of the crash. … Read more

Some Potentially Undervalued Stocks

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by Reptar4President I’m looking at putting some money into a few different small and micro-caps, and one big boy. Thought I’d put them out there and see if anyone has any thoughts on them. Some background: I used to trade individual stocks (we’re not talking much, I had maybe $20k in a fund) but stopped … Read more

Oil Prices Drop below $10/bbl at American Hubs as Storage Space Fills up

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https://www.worldoil.com/news/2020/3/31/oil-selling-below-10bbl-at-key-american-hubs Oil selling below $10/bbl at key American hubs By SHEELA TOBBEN on 3/31/2020 NEW YORK (Bloomberg) –Oil is selling for less than $10 across key North American hubs as the global demand shock from coronavirus leaves crude with nowhere to go. The coronavirus pandemic has hit demand so hard that as benchmark futures plunge to lowest in … Read more

For any bullish investors left, the reality checks are coming thick and fast

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For any bullish investors left, the reality checks are coming thick and fast https://t.co/9ztKPNui76 via @markets — Sam Potter (@SamJPotter) April 1, 2020 Good memo from Howard Marks: “.. assets were priced fairly on Friday for the optimistic case but didn’t give enough scope for the possibility of worsening news. Thus my reaction to all … Read more

“The leveraged share buyback game has ended, which also means an end to the phony earnings growth.”

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By Wolf Richter for WOLF STREET: HSBC and Goldman Sachs have now both come out with estimates about the extent of the collapse of share buybacks. So far into this crash, over 50 companies have suspended share buybacks, accounting for $190 billion in cash that is not flowing into the stock market, representing over a quarter of total share buybacks … Read more

Keith Weiner: The ‘Out’ Has Not Yet Begun To ‘Fall’

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by Keith Weiner of Monetary-Metals So, the stock market has dropped. Every government in the world has responded to the coronavirus with drastic, if not unprecedented, violations of the rights of the people. Not to mention, extremely aggressive monetary policy. And, they are about to unleash massive fiscal stimulus as well (for example, the United States government is … Read more