by The Phoenix The coronavirus has burst the Everything Bubble. Regardless of what happens with the economy or the virus, the damage has been done to the massive debt bubble. Across the board, credit and debt markets have ended their bull markets. To fight this situation, the Fed has gone NUCLEAR with monetary policy. In … Read more
Late last night (Wednesday, March 18th, 2020) the Fed announced on Twitter a new alphabet soup bailout program. This is another bailout program from 2008 that was dusted off.
With a worldwide pandemic taking place, the economy is taking a nose-dive into a recession. The unfortunate turn in events has many people worried about their financial future as companies begin their rounds of layoffs. Unfortunately, this chain of events happened after FICO, or the Fair Isaac Corporation, had already announced that their current FICO … Read more
Do you think that most central banks will eventually buy stocks? The central banks around the world are still reducing interest rates and printing more money. The Fed, the ECB, the Bank of England, RBA, and every other central bank are completely exhausting all options. “Helicopter” Ben and Janet Yellen have now suggested the Fed … Read more
Gerald Celente: "IT'S GOING TO LEAD INTO THE 'GREATEST DEPRESSION' IF MEASURES AREN'T TAKEN TO TURN IT AROUND" https://t.co/UqmhPYjlSI pic.twitter.com/nu6KU109rG — Gerald Celente (@geraldcelente) March 20, 2020
by cinemagical414 Every financial crisis is exactly the same. Investors figure out a fun new way to make money, lever up their investments, convince dumber investors and businesses to buy in, lever up some more, spread the risk around the entire financial system, and ride the wave up until it crests and crashes. In the … Read more
via mercurynews As the United States gradually shuts down in a bid to slow the spread of the coronavirus, the trucking and tire industry is appealing to the government to allow gas stations, rest stops, and repair facilities to remain open to keep deliveries rolling. Pennsylvania’s Department of Transportation, for example, shut down all of its … Read more
https://twitter.com/Southrngirl77/status/1240723268434305025 The Supreme Court has been giving President Donald Trump recent wins. And in a close decision, they have handed him another one. The nation’s highest court recently took on a case involving undocumented workers and ruled that illegal aliens who steal Americans’ Social Security numbers can be charged with a crime. The SCOTUS issued … Read more
LANSING (WWJ) – In another move to help prepare during the fight against coronavirus, Governor Gretchen Whitmer is calling up the Michigan Army National Guard. Whitmer said the National Guard will assist the Michigan Department of Health and Human Services with assembling and delivering critical personal protective gear, such as gloves, gowns and face shields, … Read more
Karatbars International GmbH has proven to be a company that loves and believes in gold. In fact, the whole existence of the company is built on gold. It plans to restore the glory days of gold, to push it beyond what it is currently being used for. This Company offers physical gold in small denominations … Read more
HORRIFYING: One family in New Jersey had dinner together last week. 4 are now dead from Coronavirus, 2 more on life support. HORRIFYING: One family in New Jersey had dinner together last week. 4 are now dead from Coronavirus, 2 more on life support.https://t.co/oMwkuCMv6k pic.twitter.com/Sg8ZIdR8Nq — Piers Morgan (@piersmorgan) March 20, 2020 Vincent Fusco became … Read more
Tucker Carlson calls out Sen. Richard Burr for selling stock when he learned how devastating coronavirus would be: “There is no greater moral crime than betraying your country in a time of crisis.” pic.twitter.com/K4Fc5kmMDK — Daily Caller (@DailyCaller) March 20, 2020 Should be expelled from the Senate IMO, regardless of the legality of congressional insider … Read more
Anti-Trump left-wing lunatics in California are deliberately trying to spread the coronavirus to collapse the US economy and hurt Trump’s election chances.
by Shaun Richards We are facing quite a crisis and let us hope that we will end up looking at a period that might have been described by the famous Dickens quote from A Tale of Two Cities. It was the best of times, it was the worst of times, it was the age of … Read more
https://youtu.be/3n-WFv9_puY Bill Maher said said several times we need the economy to crash and it’s that or trump https://youtu.be/kuIp5DYf8Lc And another time https://youtu.be/NoeXlQw0jck “This is economy is going pretty well, we have to do something”, “the bottom needs to fall out” “we need to root for a reccesion” it’s that or trump “you should root … Read more
Fed putting massive money into system today. Stocks rising but credit near the lows/ not believing it. — Graham Summers, MBA (@gsummersmba) March 20, 2020 Credit can certainly get worse: ratings, quality & covenants are both crappier than they were a decade ago. The upside is that the Fed moved much faster to stop forced … Read more
Reality Check: 5th largest GDP in the WORLD – just went into lockdown! Now, ask yourself: Is this really priced in? $SPX We need a stimulus plan just to replace California! Straight talk from Trump is essential + nothing he says can be trusted#COVID19 #TrumpIsTheBlackSwan https://t.co/u71JOsV7ch — Samantha LaDuc (@SamanthaLaDuc) March 20, 2020 COVID-19 in … Read more
Yes you read that right. https://twitter.com/michaelsderby/status/1240805923389669377?s=21 😬 "Americans will need to stay home for at least several weeks" https://t.co/DhcK4sHust — M/1_LP (@MI_Investments) March 20, 2020 Upcoming job losses will be unlike anything the US has ever seen The coronavirus crisis is likely to result in layoffs on a scale that the U.S. has never seen … Read more
CNBC’s “Squawk Box” team is joined by former FDA commissioner Dr. Scott Gottlieb to discuss how the U.S. is preparing for more coronavirus patients and what is needed from the health care system.
