It’s Going to Be a Prolonged U Shaped Recovery: Former Fed Fisher
CNBC’s “Halftime Report” is joined by Richard Fisher, former president of the Dallas Federal Reserve, to discuss his outlook for the U.S. economy.
Fed Economic Bust With Socialized “Public Health”
100 years ago, American politicians convinced Americans that a new age was here. Individual liberty was yesterday’s news. The principles of the Declaration of Independence and Constitution were ideas of a bygone era. Government would now take over. It would micromanage, “regulate” and “run” life in America. After 100 years of never-ending wars and intervention … Read more
The C.D.C. is expected to advise all Americans to wear cloth masks in public.
by teenytinyearthling The C.D.C. is expected to advise all Americans to wear cloth masks in public. So I’ve pulled together some links to help people make (or buy) cloth face masks. No sew, with square fabric: No sew, with old t-shirt: No sew, without cutting up a t-shirt, plus also kinda badass: Hand sew, … Read more
VIRUS COULD BREAK UP EU…
BERLIN —The coronavirus pandemic, with its simultaneous health and economic crises, is deepening fault lines within Europe in a way some leaders fear could prove to be a final reckoning. The cohesion of the European Union had been battered by Brexit, bruised by the political fallout from the 2015 migration surge and the 2008 financial … Read more
Has Russia Reached Its Limit In The Oil Price War?
By RFE/RL staff When Vladimir Putin was given a dire forecast of the economy under the cloud of a crippling coronavirus pandemic and a sharp fall in global demand for petroleum, the Russian president was much less bullish about his country’s prospects in a price war with oil-producing rival Saudi Arabia. “For our economy, yes definitely, this is … Read more
Face coverings recommended, but Trump says he won’t wear one… ‘I don’t see it for myself, I just don’t’
Face coverings recommended, but Trump says he won’t wear one WASHINGTON (AP) — President Donald Trump announced new federal guidelines Friday recommending that Americans wear face coverings when in public to help fight the spread of the new coronavirus. The president immediately said he had no intention of following the advice himself, saying, “I’m choosing … Read more
China’s deadly coronavirus-lie co-conspirator — the World Health Organization
The fog of war obscures much about the novel coronavirus pandemic. But two facts seem absolutely certain. First, China’s Communist authorities have lied, concealed and misled about the origins of the epidemic and the toll of the virus in China. Second, the World Health Organization has acted as Beijing’s handmaid. The result: The global toll … Read more
The Largest Oil Market Intervention In History?
By Josh Owens As the world continues to grapple with the fallout from the coronavirus crisis, some of the largest oil producers in the world are coming together with the potential of a joint global oil output cut. (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to … Read more
A lot of you’re selling puts but you should really be buying more
by JackThoma5 A lot of you bought puts when SPY was near the bottom of the downtrend which was $218. Volatility was at it’s highest so they were expensive…and now you’re getting screwed so you’re like fuck this and selling for a loss because you’re getting IV crushed. Basically, you’re the same as the bullish … Read more
Pandemic Drones to Identify Fever and Coughing
“Pandemic drones” outfitted with specialized sensor and computer vision system that can fly around cities and detect if people have elevated body temperatures, respiratory rates, as well as to identify if people are sneezing and coughing A US-based drone company called Dragonfly is spearheading the effort to build a drone network across public areas to … Read more
AMAZING: You’ll Never Get What POTUS Was Busted Doing
EXCLUSIVE: The Trump campaign has been donating meals to hospitals across the country to feed doctors, nurses and first responders on the front lines of the coronavirus battle, Fox News has learned. Since last Thursday, President Trump’s reelection campaign has been calling up local restaurants and ordering large amounts of food to be delivered to more than … Read more
Derailed Corporate Buyback “Gravy Train” May Sink Markets Further
From Birch Gold Group It appears the “sleight of hand” that corporations use to inflate share prices and bloat balance sheets may be slowing down, for now. The website Wolf Street highlighted the beginning of the end for this round of corporate share buybacks: So far into this crash, over 50 companies have suspended share buybacks, accounting for … Read more
Simon Black: There’s A Major Sovereign Debt Crisis Looming
by Simon Black of Sovereign Man By the mid 1300s, the Republic of Florence in modern day Italy had experienced one of the greatest economic booms in human history. In less than a century, Florence had grown from a tiny, irrelevant backwater to become one of Europe’s largest cities and preeminent financial center. The expansion was truly impressive. … Read more
When Can the Government Lock You in Your House? Quarantines and the Constitution
As we all deal with the many changes in day to day life brought about by the coronavirus pandemic, have you ever wondered just what the government has the power to do to protect public health and safety—and when and how can it exercise that power? In today’s episode, we discuss government police power and … Read more
My principal was spot on with this prediction: NYC would lose at least 50 percent of its kids to the streets because…
no one at home is supervising them. I can tell you I am only seeing about 20 percent turn out for attendance on online, virtual learning. So you have to ask, what is the 80 percent doing during the day? Well, I think this video sheds light on that. This is truly sad. … Read more
Cover your cough and wear a mask! It makes a huge difference
by Give_me_the_science Source: https://www.nature.com/articles/s41591-020-0843-2
Sudden Surge in Bearishness
by Tom McClellan The past 3 weeks have seen a huge surge in the bearish percentage among the investment advisors and newsletter writers in the Investors Intelligence survey. Often these data are shown as the spread between the bulls and the bears, but for this week I thought it would be informative to look at just … Read more
To Infinity! And Beyond! The story of the central banks expansion
by Shaun Richards The story of the credit crunch can be looked at through the prism of the central banks. Their modus operandi is supposed to be action followed say two to three years later by a withdrawal of the action but the latter fizzled out at best. The ECB back in 2011 with its … Read more
The Post-Virus New Normal
by John Mauldin I don’t think anyone believes we will go to back to anything like January 2020 normalcy anytime soon. We have no idea, even if restaurants and everything open, what shopping patterns will look like. Are we learning to live on less in our isolation? Seeing your 401(k) become a 201(k) may postpone a … Read more
Chinese billionaire Liu Dian Bo bought an Australian private hospital for $900 million in 2015. Now he shut it down and fired 800 healthcare work
Ian Miles Cheong Verified account @stillgray Chinese billionaire Liu Dian Bo bought an Australian private hospital for $900 million in 2015. Now he shut it down and fired 800 healthcare workers. Chinese billionaire Liu Dian Bo bought an Australian private hospital for $900 million in 2015. Now he shut it down and fired 800 healthcare … Read more