By Tsvetana Paraskova Russia will not be the one to first demand a stop to the oil price war with Saudi Arabia because Russian President Vladimir Putin is unlikely to yield to what he sees as “Saudi blackmail,” sources familiar with Moscow’s thinking told Bloomberg. The OPEC+ coalition between OPEC’s leader Saudi Arabia and the leader … Read more
by Wayne Allyn Root All my life, four titles have best described me: Conservative, Libertarian, Capitalist and Contrarian. Keeping those in mind, I have great questions and doubts about what roads have been chosen to combat Coronavirus. I think it’s our right and duty to ask questions in a free society. I just don’t know if … Read more
Police in Central China's Wuhan arrested 8 people spreading rumors about local outbreak of unidentifiable #pneumonia. Previous online posts said it was SARS. https://t.co/oVpk4EIYM7 pic.twitter.com/JXbK9pmq8v — Global Times (@globaltimesnews) January 1, 2020 F*ck the CCP. F*ck communism. h/t Builder
by C Hamilton Summary Coronavirus is no plague or Spanish-flu, but we aren’t who we once were either. So the end result may be the same?!? The young (representing the future) cannot cover the rapidly growing debt…and the policies to avoid dealing with the debt are ultimately destroying future economic activity. The US is going bankrupt … Read more
By Harry Dent We’re now in week two of serious disruption as a result of the coronavirus, and the markets are in the middle of what’s looking like an extremely steep crash. Only 1987 can compare, and those circumstances were totally different. I’ve spent the week trying to sort out what we should expect to … Read more
Orange Man isn’t so bad afterall…
The simple test can show how many people have really been infected. U.S. researchers not only developed a simple antibody test for the new coronavirus (SARS-CoV-2), they shared the instructions on how to make the test online, so that labs around the world could replicate it. Labs could easily scale the test “to screen a … Read more
by David Haggith You can only be so dead, and that’s just “plain dead.” But there is also Feddy Krueger dead. The kind of dead that keeps on happening like a demonic death that won’t stay dead. It is in that nightmarish Elm St. light that I’m going to review the Federal Reserve’s death. It’s happened via face-plant … Read more
President Trump, moving with haste to slow the spread of the coronavirus, is preparing a plan to mobilize the National Guard to help enforce a two-week quarantine of the public if his tough-love efforts so far fail. The unprecedented action would require everyone to “stay at home,” according to a source knowledgeable of the evolving … Read more
26,000 employees that were notified of layoff’s. https://finance.yahoo.com/video/amc-ceo-coronavirus-closings-caused-193352495.html https://www.msn.com/en-us/money/video/amc-to-close-us-theaters-for-6-12-weeks-we-need-relief-right-now-says-ceo/vi-BB11qD92 AC
Truck Drivers / Trucking companies often find out things before anybody else, especially in an emergency situation that we are in because without truck drivers everything stops and we see and learn a lot across the country and at shippers and etc. It is now being expected that mass shutdowns/lockdowns and people not allowed to … Read more
FRIEND OF THE WORKER: They were promised pay until November, no matter what. UPDATE: From the comments: “Dang, you’d think Mike Bloomberg would care about the little people.” Related: h/t GR
A comment on Zero Hedge: Now, lets summarize what is currently happening -Somebody’s precious little bioweapon escaped the lab probably 6 months ago -Practically everything is shut down right now. I haven’t seen my town this quiet since 9/11 -All major sportsball events are cancelled -Practically all large events are cancelled -We still have barely … Read more
The [DS] continues to push their event, this is failing. Trump and the patriots are preparing for a major operation. Trump started the narrative of a cure and the MSM will not acknowledge it. The pill will be hard to swallow, but when the patriots unseal the indictment much will be revealed. The patriots have … Read more
HARSH, BUT FAIR: Related: Also: And: You want less criticism? Stop being such garbage. Every time China kicks out some of their fellow journalists the White House press corp responds by attacking Trump using China’s preferred narrative to ingratiate themselves with Beijing. h/t GR
https://www.thestar.com.my/lifestyle/entertainment/2020/03/21/country-star-kenny-rogers-dies-at-81 AC
Goldman Sachs economists forecast a historically sharp and swift recession, with second-quarter GDP sinking a stunning 24% after a 6% decline in the first quarter. The economists had expected a decline of 5% in the second quarter, after a flat first quarter but they said social distancing measures have affected many sectors of the economy … Read more
Watch the latest video at foxnews.com A staff member in Vice President Mike Pence’s office has tested positive for coronavirus, a spokesperson for Pence announced Friday evening, making that the first White House staffer known to have the virus. “This evening we were notified that a member of the Office of the Vice President tested positive for the Coronavirus,” … Read more
https://twitter.com/LordPolemos/status/1241048837197725697 https://twitter.com/Techs_Global/status/1241063958666194954 The largest US investment-grade bond ETF ( $LQD ) has given up a decade worth of gains in a matter of days @SoberLook pic.twitter.com/2OqtRrjoTu — The Long Game (@7LongGame) March 20, 2020 https://twitter.com/NorthmanTrader/status/1241033792833433610 U.S. economy deteriorating faster than anticipated as 80 million Americans are forced to stay at home [Washington Post]
