Press Uses Virus Against Trump

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by Martin Armstrong US President Donald Trump has backed away from imposing a quarantine in the New York area, instead directing a “strong Travel Advisory” be issued to limit the spread of the new coronavirus. The announcement on Twitter came late on Saturday as criticism grew over Trump’s earlier call to prohibit travel in and out … Read more

This is now a national epidemic with multiple epicenters. New Orleans, Dallas, Miami, Chicago, Detroit, Boston, Philadelphia, Los Angeles are among cities doubling cases every 3 to 4 days.

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https://twitter.com/ScottGottliebMD/status/1244100172881297413 U.S. DEATH TOLL DOUBLES IN TWO DAYS Trump’s announcement came as the U.S. death count crossed 2,100, more than double the level from two days ago. The United States has now recorded more than 122,000 cases of the respiratory virus, the most of any country in the world.   AC

Scientists, MSM: “Uranus is leaking gas into space

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The Atmosphere of Uranus Is Literally Leaking Gas Into Space MICHELLE STARR27 MARCH 2020 Poor old Uranus just can’t seem to catch a break. Something already tipped the planet on its side, so its orbit is perpendicular to those of the other Solar System planets. It probably smells terrible. And now scientists have discovered that … Read more

The Media? Voters Don’t Trust Political News, Say Most Reporters Want To Stop Trump.

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The Media? Voters Don't Trust Political News, Say Most Reporters Want To Stop Trump. Only Democratic voters believe most reporters are simply trying to report the news in an unbiased fashion.https://t.co/NDMKltU8Su pic.twitter.com/OQ7LFQGXzy — Rasmussen Reports (@Rasmussen_Poll) March 29, 2020 ERICK ERICKSON: “A media unwilling to hold the Mayor of New York accountable for his own administration’s … Read more

We’re running depressionary, not GFC, Fed policy

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AIG Bailout $85B QE Infinity GFC $85B/month Today 1) $625B/week QE 2) De facto Yield Curve Control via QE price discretion 3) Commercial Paper 4) Municipals 5) CORPORATE BONDS 6) $4.5T lending facility 7) Small business lending We’re running depressionary, not GFC, Fed policy AIG Bailout $85B QE Infinity GFC $85B/month Today1) $625B/week QE2) De … Read more

Week Ahead Calendar

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by TheLookoutGrey Monday 10:00 a.m. Pending home sales Tuesday 9:00 a.m. S&P/Case-Shiller home prices 9:45 a.m. Chicago purchasing managers 10:00 a.m. Consumer confidence Wednesday Monthly vehicle sales 8:15 a.m. ADP employment 9:45 a.m. Markit manufacturing PMI 10:00 a.m. ISM manufacturing 10:00 a.m. Construction spending Thursday 8:30 a.m. Jobless claims 8:30 a.m. Trade deficit 10:00 a.m. … Read more

What to expect next week

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by IwannaSayStuff For bears Job reports Corona virus cases hitting 1 million Corona virus deaths in US surpassing China Major cities might still get quarantined Deaths will hit 5k as hospitals in major cities are maxing out Things that will fk bears Infinite QE 2.0 Second Stimulus bill Fed revealing their infinite money glitch Saudi and … Read more

Tax break for the 1% in the stimulus bill

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by navagrey https://www.cnn.com/2020/03/28/opinions/stimulus-bill-tax-break-for-1-mccaffery/index.html …our rich taxpayer couple — and this applies only for individuals, not corporations — can now deduct an unlimited amount of “excess losses” in real estate against income from other sources Calls on rich people with real estate. EDIT: The actual document. Section 2304 starts on page 196 EDIT 2: NY Times article. Not … Read more

Pioneer Natural Resources CEO: “86% of Independent Oil and Gas Companies will Go Bust by 2021 under current low oil price enviornment”

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Pioneer is one of the largest oil producers in Texas, specifically shale basins. Huge eye opener. EXCLUSIVE: Russell Hardy, CEO of Vitol Group, the world's largest independent oil trader, says global crude demand is down 15-20 million barrels a day (that's 20% of global) | #OOTT #OilPriceWar #Coronavirus Full interview with @annmarie: https://t.co/GNTY68hbPz pic.twitter.com/clLcXPAHRR — … Read more

Bill Ackman turned 27 Million in to 2.6 Billion…. Or did he? Kinda.

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by MasterCookSwag Link to the letter to investors: https://assets.pershingsquareholdings.com/2020/03/26222617/Pershing-Square-Capital-Management-L.P.-Releases-Letter-to-Investors-March-26-2020.pdf Shamelessly stolen from Levine’s column today: That $27 million is not the total cost of protection; it is the running cost of protection. Here’s his explanation: In February, the Pershing Square funds purchased credit default swaps (CDS) on various investment grade and high yield credit default swap … Read more

The Greatest Depression Economic ramifications of Coronavirus -Corbett Report

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SHOW NOTES AND MP3: https://www.corbettreport.com/greates… The Age of Terror was inaugurated with a series of controlled demolitions in New York City on September 11, 2001. Now the world is being led into the Age of Biological Terror with a controlled demolition of the economy that is already causing unprecedented carnage across markets and around the … Read more

Oil Prices Could Fall Another 20%

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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

I KNEW THOSE RACIST, FASCISTIC RED-STATE GOVERNORS WOULD START THIS SORT OF — OH, WAIT:

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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