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By Nick Cunningham ExxonMobil saw its credit rating downgraded by Moody’s on Thursday from Aaa to Aa1, with a Negative outlook. Two weeks ago, S&P cut Exxon’s credit rating. The oil major’s struggles are growing, but they predate the pandemic and the collapse of oil prices. It seems like years ago, but Exxon gave a bullish presentation to investors in … Read more
Starting and building your career in a competitive world is quite difficult and stressful. But you have a goal to start you raising your kids early to retire early and enjoy more time with them. And yet, the clock is ticking and you haven’t got a bride. You’ve tried to start a relationship with a … Read more
Materials used: -An old t-shirt -Scissors -A thin strip of metal (manila folder fastener, twist tie, folded aluminum foil, or paperclip) -A single sheet of paper towel (or tissue paper) -White glue/hot glue Step 1: Wash your hands! Step 2: Measure and cut the T-shirt Cut the bottom of the t-shirt parallel to the hem. … Read more
The Chinese Communist Party reportedly blocked U.S. manufacturers from exporting desperately needed personal protective equipment (PPE), which is used to protect medical workers, as the pandemic exploded, and now the Trump administration is weighing taking legal action against China. The New York Post reported on Sunday, “Leading US manufacturers of medical safety gear told the White House that … Read more
https://youtu.be/zSBgXJpje74 h/t Martin Armstrong
(starts at 0 43) – nullvideo https://nullvideo.com/user/chovy/9MWaKz5 There are a lot of reports, including UK prime minister, that they seemed to be feeling a bit better and then it hit them really hard. AC
Why the sudden record gun buying in America? Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says, “They understand that the rule of law is steadily being diminished. They see all sorts of behavior . . . that is lawless. . . .They see people in poverty say if anything goes for … Read more
by Chris Kimble Does History Repeat? Is does rhyme sometimes!!! This chart looks at the S&P 500 on a weekly basis over the past 20-years. The S&P declined by 50% during the 2000-2003 bear market. On the week of 3/23/2001, it experienced its first counter-trend rally, which lasted 8-weeks, before the bear market resumed. The S&P declined by 50% during the … Read more
https://www.youtube.com/watch?v=5rLfIBMj4bg Anthony Leonardi from Washington Examiner reports, Fox News host Sean Hannity and former Fox News personality Bill O’Reilly claimed anonymous Democratic sources have lost confidence in former Vice President Joe Biden as the Democratic nominee. During Hannity’s Wednesday radio program, O’Reilly said Biden insiders told him Biden’s family and friends have “great concern” about … Read more
The sudden and explosive growth of the vaping industry was something that the tobacco companies never expected and didn’t plan for. Historically, America had always been the center of the worldwide tobacco industry. The electronic cigarette was an innovation that came out of China without warning and threatened to disrupt the American tobacco empire. Smokers … Read more
The Trump administration just gave all Corona virus uninsured people free health care and they cannot be double billed by the hospital The hospitals are billed at medicare rates and the government sends them a direct payment. This sick person doesn’t have to pay anything Dems: let them eat cake Trump: hold my Corona … Read more
by boccherini-trader Here’s some insight into Warren Buffett’s selloff of Delta Airlines (DAL) and Southwest Airlines (LUV). The backing away from airline stocks marks something of a reversal for Warren Buffett. The investor bought more Delta stock several weeks ago. Buffett told Yahoo Finance less than a month ago that “I won’t be selling airline … Read more
by TheHappyHawaiian Certain sectors get hit harder in various recessions, and some always get hit hard in all recessions (consumer cyclical for example), but as these sectors decline, they become a smaller and smaller piece of the S&P500 pie by market cap. So if Energy was 5% of the S&P prior to the downturn and … Read more
DEUTSCHE: “.. behavioral changes are the reason why we will not get a V-shaped recovery, and there is not much fiscal policy can do about it.”#covid19 pic.twitter.com/siGZGyTKYO — Carl Quintanilla (@carlquintanilla) April 5, 2020 Many emerging economies are losing reserves at a record pace faced with a dramatic decline in internal demand, export volumes and … Read more
Prime Minister Boris Johnson has been admitted to hospital for tests, 10 days after testing positive for coronavirus, Downing Street has said. He was taken to a London hospital on Sunday evening with “persistent symptoms” – including a temperature. It is said to be a “precautionary step” taken on the advice of his doctor. The … Read more
The Village of Sleepy Hollow is temporarily banning the use of leaf blowers to make sure residents are safe during the coronavirus pandemic. Effective immediately, all leaf blower use is banned for the duration of the pandemic. Village officials say since the virus is a respiratory condition, having things blown into the air could create … Read more
by bruceisright https://youtu.be/j3nrBanbbaw Singapore was one of the success cases for dealing with the virus without shutting down the economy. Now they are forced to go into lockdown. They had excellent contact tracing, many people were wearing masks, it worked for months. If they got here from silent local transmission, USA is screwed. If it … Read more
by Kaltani TDLR; Oil is going to lead our decline and accelerate it. Other signs are showing a push to increase consumer and commercial debt loads as a way to weather this situation. The only new addition to oil discussions is that oil seems to have a 1/3rd relation to stock value in a normal … Read more
