by Raúl Ilargi Meijer Rembrandt van Rijn Portrait of his father 1628-29 I was following the numbers all afternoon, because I knew this was going to be the day that the US would become the no. 1. The no. 1 loser, that is. Here’s some of what I wrote in the Automatic Earth Comments section as we … Read more
by Venus230 Treasury Dollar in the pipeline ? From the article: In other words, the Federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. 400 billion in liquidity from the Fed = Mnuchin SEIZED the Fed assets. Statement from Secretary Steven T. Mnuchin on the Establishment … Read more
ER doctor who criticized hospital’s coronavirus protections has been fired after refusing to delete social media posts about substandard hospital coronavirus protocol BELLINGHAM – An emergency room physician who publicly decried what he called a lack of protective measures against the novel coronavirus at his workplace, PeaceHealth St. Joseph Medical Center, has been fired. Ming … Read more
by Martin Armstrong There are reports of riots beginning in China. In Thailand, one of the most peaceful communities, there was an armed robbery of a 7/11. You cannot shut down the world economy like this. People will begin to riot after 10 days and we will see a sharp rise in property crimes. People … Read more
Will things ever be the same between Trump and Xi Jinping again? The coronavirus pandemic outbreak from Wuhan, China may have changed the US China relationship forever.
“A Federal Elections Commission complaint has been filed against former New York City mayor and 2020 presidential hopeful Mike Bloomberg for an $18 million transfer from his defunct campaign to the Democratic National Committee At the core of the complaint is the tenuous distinction between Bloomberg’s personal finances and those of his presidential campaign. The … Read more
Trump slams GM over ventilator production delays, costs President Donald Trump lashed out at General Motors on Twitter Friday morning after reports emerged that his administration canceled a deal to buy tens of thousands of ventilators GM had agreed to produce in partnership with a ventilator manufacturer. “As usual with ‘this’ General Motors, things just … Read more
BY JOHN RUBINO In the sound money world there are a lot of journalists, a few serious analysts, and a handful of effective polemicists. But James Howard Kunstler is an artist, whose work frequently rises to the level of literature. His latest illustrates the point: Forced Liquidation Historians of the future, pan-roasting fresh-caught June bugs over their campfires, may wonder … Read more
Investors have spent the past couple of weeks in a “sell everything” mind set. That’s turned into a windfall for money-market funds. Money flowed into those funds at a breakneck pace in the most recent week. It was the third straight week of record highs, each one nearly doubling the figure of the week before: … Read more
https://www.youtube.com/watch?v=V6jfrDR9oaQ The [DS]/MSM have now pushed their event as far as they could, it is falling apart right in front of their eyes. Panic is everywhere. The mercy and comfort are on there way to LA and NY, this is just the beginning. Message was sent and received, the puzzle is almost complete.
by David Haggith This week’s results in the Fed’s repo-market interventions in one fell swoop proved everything I’ve said about the Fed’s intervention being QE4ever. The following results show the repo market has been fixed: Zero Hedge Zero Hedge The instant the Fed returned to full-on, “we-now-call-it-QE” QE, the repo market settled right down to an … Read more
Does ANYONE believe China’s numbers? AC
BY JOHN RUBINO Two things about the coronavirus relief checks the government will soon start sending out: First, it looks like they’ll take a while to arrive: Show Me The Relief Money – No Promises On When Coronavirus Checks Are Coming About 90% of households — approximately 165 million — will benefit from direct payments, according … Read more
VIDEO: Brave Project Veritas journalists have been to the hospitals around New York and New Jersey investigating what is really going on inside. Here is what we’ve found so far. AC
by skilliard7 If you aren’t sticking to a consistent strategy of index investing and not buying/selling, and think you can outsmart the market, then make sure you read the full stimulus bill as the details are very important. The media is focused on raw dollar amounts and what families get, they don’t focus much on … Read more
by hamstringstring The last 4 years have seen insane gains to the stock market at rates averaging 17% a year prior to the crash. In the past market returns have been 7% and institutional investors who are able to return 10% or more a year are considered legendary. While these numbers certainly suggest a lot … Read more
by SAnderson1986 What is Volatility? Volatility is a statistical measure of the dispersion of returns for a given security or market index. In most cases, the higher the volatility, the riskier the security. Volatility is often measured as either the standard deviation or variance between returns from that same security or market index. In the securities markets, volatility is often associated with … Read more
by theoneguywiththename Alright you need to learn how your own two hands work. There is a big difference between having strong hands and watching your portfolio burn for no reason. If you’re going to watch it burn, it should be in a blaze of yolo glory, none of this slow burning weak shit. There is … Read more
It’s Official: Debt Restructurings Coming https://t.co/xcZZEyXBik — Willem Middelkoop (@wmiddelkoop) March 27, 2020 Fitch Downgrades UK Credit Rating To AA- After Sterling’s Best Week Since 1985 Plaza Accord The UK’s public finances were already set to weaken following the stimulus measures announced in the budget on 11 March, and they are now set to deteriorate more rapidly… https://twitter.com/LynAldenContact/status/1243546441844490240 … Read more
3% of restaurant operators have already closed permanently per research from the National Restaurant Association – 11% anticipate going out of business within 30 days– 44% are temporarily closedhttps://t.co/rwRORzp9ET pic.twitter.com/MgHKtT9Ypo — Stacey (@iamstacetheace) March 27, 2020 This announcement of layoffs by United Airlines came literally a few hours after they got $25B in grants from … Read more