Investment Watch Blog

By CityAM Brent crude was down four percent Friday afternoon at $27.50 per barrel. US crude was five percent lower at $21.47 per barrel. Prices were on track for their fifth weekly drop in a row as coronavirus ravages economies around the world. Containment measures have caused demand to slump and supply chains to be … Read more

https://video.twimg.com/ext_tw_video/1243719885575925760/pu/vid/960×720/ugsA3pYpC4PZrXZi.mp4 Well said, Greg. Carry on…   AC

Rhode Island police, troops stopping incoming New Yorkers to force quarantine. Rhode Island’s National Guard and state police are stopping motorists with New York license plates and going door-to-door to find people who may have traveled recently from the state. The enforcement actions come after Gov. Gina Raimondo ordered that anyone who has moved from … Read more

Damn that sounds tiring… Darren Rovell @darrenrovell Gov. Cuomo says that New York has bought 3,000 bag valve masks, which is a manual pump breathing apparatus and has talked about having National Guard members trained to help pump them manually for 24 hours a day for Coronavirus patients if there is a ventilator shortage. Gov. … Read more

by twtregg Ok so clearly 3.5M newly unemployed was priced in… 2 month shut down is priced in… more and more beer flu priced in…. So, what the hell isn’t priced in? Corporate bankruptcies. Look for those to start to pick up. When they do, it will be the reverse ‘trickle down economics’ everyone talks … Read more

Abbott receives approval for test that can detect coronavirus in 5 minutes Abbott on Friday announced it received approval for a test that is capable of delivering positive results of the coronavirus in as little as five minutes. The company will begin making those tests available to health care providers next week. Abbott plans to … Read more

JUST IN: Pres. Trump said “some people would like to see New York quarantined,” adding: “There’s a possibility that sometime today we’ll do a quarantine—short-term two weeks on New York, probably New Jersey, certain parts of Connecticut. JUST IN: Pres. Trump said "some people would like to see New York quarantined," adding: "There's a possibility … Read more

by Commogroth​ I am a real estate broker and just wanted to share this. Between yesterday and today I have had all my lenders call me to tell me the same thing: They can’t do FHA loans under a certain credit score any more…..the most common I am hearing is 640. The tl;dr reason I … Read more

by AmonistlinUYA​ TL;DR I have bought 10 different items from a seller using PayPal’s goods and services. Only received 6 damaged items that are in terrible condition. Even though I returned those 6 items, my case is closed in favor of the seller after almost 2 months because of the incompetent people at PayPal. ​ More … Read more

by Werewolfdad I thought I’d come explain to you why the Reserve Requirement Ratio being set to 0% doesn’t matter for you. There seem to be some significant misunderstandings about what it means, what the Reserve Requirement does, and how it affects consumers. First, the Reserve Requirement is the amount of cash (or cash equivalents) … Read more

by jebronnlamezz No fucking bullshit with this $600 fresh from the BRRRR per week on fucking top of the $500 I claim weekly I’ll be pulling roughly $900/week after taxes. I make 55k after taxes ,health insurance , and student loans my check was about 1400/two weeks working 55-75 hours a week. I’ll be getting … Read more