Bob Moriarty: We’re In A Depression, Many Investors Will Go To Bed Rich & Wake Up Poor

by Bob Moriarty of Streetwise Reports Those who never predicted a financial collapse in the first place are now edging closer to the swamp to dip their toes into the water. Now they are suggesting, perhaps we could have a recession.“ Forget that. You cannot have every supply chain in the world chopped in two and have a recession. … Read more

We are NOT going back to NORMAL

Excellent YouTube video that explains what is REALLY going on now & WHY. Discusses how we are being CONDITIONED with this event and will be repeatedly CONDITIONED over and over. Please watch & let me know what you think. I have been watching and listening EVERYTHING I can get ahold of since this started and … Read more

We are not OK

In three days it’ll be 4000. Once you’re shocked you have to pick up the pieces and regroup, because the exact same thing is gonna happen, faster. Every ventilator sent to California from the federal government was broken Yesterday, 170 broken ventilators arrived in Los Angeles from the national stockpile. Rather than complaining, we got … Read more

Press Uses Virus Against Trump

by Martin Armstrong US President Donald Trump has backed away from imposing a quarantine in the New York area, instead directing a “strong Travel Advisory” be issued to limit the spread of the new coronavirus. The announcement on Twitter came late on Saturday as criticism grew over Trump’s earlier call to prohibit travel in and out … Read more

This is now a national epidemic with multiple epicenters. New Orleans, Dallas, Miami, Chicago, Detroit, Boston, Philadelphia, Los Angeles are among cities doubling cases every 3 to 4 days.

https://twitter.com/ScottGottliebMD/status/1244100172881297413 U.S. DEATH TOLL DOUBLES IN TWO DAYS Trump’s announcement came as the U.S. death count crossed 2,100, more than double the level from two days ago. The United States has now recorded more than 122,000 cases of the respiratory virus, the most of any country in the world.   AC

Scientists, MSM: “Uranus is leaking gas into space

The Atmosphere of Uranus Is Literally Leaking Gas Into Space MICHELLE STARR27 MARCH 2020 Poor old Uranus just can’t seem to catch a break. Something already tipped the planet on its side, so its orbit is perpendicular to those of the other Solar System planets. It probably smells terrible. And now scientists have discovered that … Read more

The Media? Voters Don’t Trust Political News, Say Most Reporters Want To Stop Trump.

The Media? Voters Don't Trust Political News, Say Most Reporters Want To Stop Trump. Only Democratic voters believe most reporters are simply trying to report the news in an unbiased fashion.https://t.co/NDMKltU8Su pic.twitter.com/OQ7LFQGXzy — Rasmussen Reports (@Rasmussen_Poll) March 29, 2020 ERICK ERICKSON: “A media unwilling to hold the Mayor of New York accountable for his own administration’s … Read more

We’re running depressionary, not GFC, Fed policy

AIG Bailout $85B QE Infinity GFC $85B/month Today 1) $625B/week QE 2) De facto Yield Curve Control via QE price discretion 3) Commercial Paper 4) Municipals 5) CORPORATE BONDS 6) $4.5T lending facility 7) Small business lending We’re running depressionary, not GFC, Fed policy AIG Bailout $85B QE Infinity GFC $85B/month Today1) $625B/week QE2) De … Read more

Week Ahead Calendar

by TheLookoutGrey Monday 10:00 a.m. Pending home sales Tuesday 9:00 a.m. S&P/Case-Shiller home prices 9:45 a.m. Chicago purchasing managers 10:00 a.m. Consumer confidence Wednesday Monthly vehicle sales 8:15 a.m. ADP employment 9:45 a.m. Markit manufacturing PMI 10:00 a.m. ISM manufacturing 10:00 a.m. Construction spending Thursday 8:30 a.m. Jobless claims 8:30 a.m. Trade deficit 10:00 a.m. … Read more

What to expect next week

by IwannaSayStuff For bears Job reports Corona virus cases hitting 1 million Corona virus deaths in US surpassing China Major cities might still get quarantined Deaths will hit 5k as hospitals in major cities are maxing out Things that will fk bears Infinite QE 2.0 Second Stimulus bill Fed revealing their infinite money glitch Saudi and … Read more

Tax break for the 1% in the stimulus bill

by navagrey https://www.cnn.com/2020/03/28/opinions/stimulus-bill-tax-break-for-1-mccaffery/index.html …our rich taxpayer couple — and this applies only for individuals, not corporations — can now deduct an unlimited amount of “excess losses” in real estate against income from other sources Calls on rich people with real estate. EDIT: The actual document. Section 2304 starts on page 196 EDIT 2: NY Times article. Not … Read more

Pioneer Natural Resources CEO: “86% of Independent Oil and Gas Companies will Go Bust by 2021 under current low oil price enviornment”

Pioneer is one of the largest oil producers in Texas, specifically shale basins. Huge eye opener. EXCLUSIVE: Russell Hardy, CEO of Vitol Group, the world's largest independent oil trader, says global crude demand is down 15-20 million barrels a day (that's 20% of global) | #OOTT #OilPriceWar #Coronavirus Full interview with @annmarie: https://t.co/GNTY68hbPz pic.twitter.com/clLcXPAHRR — … Read more

Bill Ackman turned 27 Million in to 2.6 Billion…. Or did he? Kinda.

by MasterCookSwag Link to the letter to investors: https://assets.pershingsquareholdings.com/2020/03/26222617/Pershing-Square-Capital-Management-L.P.-Releases-Letter-to-Investors-March-26-2020.pdf Shamelessly stolen from Levine’s column today: That $27 million is not the total cost of protection; it is the running cost of protection. Here’s his explanation: In February, the Pershing Square funds purchased credit default swaps (CDS) on various investment grade and high yield credit default swap … Read more