Indian Police hitting public during Lockdown during Lock down; Finland isolates Helsinki capital region to fight coronavirus; Rhode Island police to hunt down New Yorkers seeking refuge

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You take your Corona Virus and get on outta here! You hear me!? You go on GIT!   Finland isolates Helsinki capital region to fight coronavirus, military prevents people escaping by force Defence Minister Antti Kaikkonen has said that conscripts and Defence Force personnel can be rapidly deployed to help enforce movement restrictions in and … Read more

This Virus Kills Zombies Too

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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

Thousands Of Grocery Delivery Workers Plan To Strike For Better Protection… ER Doctor Who Criticized Hospital’s Coronavirus Protections Has Been Fired

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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

Bloomberg campaign hit with FEC complaint for $18M transfer to DNC

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“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

GM Price Gouging… POTU: Signs Memorandum Ordering GM to Start Making Ventilators

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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

James Howard Kunstler: When The Financial World Broke With Reality

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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

How the Fed Fixed the Repo Crisis

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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

Watch The Virus Checks Become Permanent Income

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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

If you’re going to actively invest, read the full text of the stimulus bill. There’s a lot that the media isn’t fully reporting.

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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

Volatility is high – There will be 12% swings

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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