Bleach Shortage? Here’s How to Make Bleach from Pool Shock (and How to Purify Water With It)

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by Cassius K. We’ve all seen photos of the empty shelves in stores across American, and one thing that has become increasingly difficult to find is bleach. Typically, a bottle of bleach should contain between 6 and 8.25% sodium hypochlorite, a more dilute solution that one might expect, similar to an item such as peroxide. Unfortunately for … Read more

Markets Trying to Find a Near-Term Bottom

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By Harry Dent Two things I have been predicting for years that most people just can’t get have just started to happen. You know when a person keeps going into cardiac arrest or flatlining, the doctors keep shocking them with the defibrillator until they finally give up and pronounce the patient dead? I say the economy … Read more

In The Midst Of Global Coronavirus Panic, Facebook Decides Now Is A Good Time To Roll Out Their All-New FB5 Interface Design For Desktops

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by Geoffrey Grider In the history of Facebook, there have been four major redesigns. The latest one, FB5, otherwise known as The New Facebook, might be the most dramatic of them all. It’s a total shift in how Facebook looks and works on desktop and mobile. While doing routine maintenance on my computer today, I cleaned … Read more

Why ‘Price-Insensitive Buying’ Is To Blame For Many Of The Major Economic Problems We Now Face

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by jessefelder I recently made the distinction here, with a little help from Ben Graham, between investing and speculating. Over the past decade, markets have become overrun with speculators while investors have become an endangered species. “Price-insensitive buying,” as it has been called, has come to dominate markets from fixed income to equities and it is … Read more

Tesla, the WTF Chart of the Year

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You’ve got to admire Musk for snookering true believers into buying $2 billion of new shares a month ago that are now down 52%. By Wolf Richter for WOLF STREET: First a little history. Back in the good old days of February 4, 2020, when Tesla CEO Elon Musk could still be seen walking on water, and when … Read more

European Banks Face Financial Crisis 2, Shares Hit 1988 Lows

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The ECB promised “to monitor markets closely.” Then it came out with a new bond buying binge. By Nick Corbishley, for WOLF STREET: Bank stocks in Europe plumbed fresh mutli-decade lows despite the release of a hurriedly improvised one-paragraph announcement by the ECB pledging to do just about whatever it could take to keep the banking system in tact. … Read more

FOX Guest Drops HUGE Question Regarding CV and the 3 Candidates Running for President

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https://www.youtube.com/watch?v=hcshTNlKLuM Virginia Kruta from The Daily Caller reports, Fox News contributor Gillian Turner asked Chris Wallace what could happen if all three major 2020 contenders were to contract CV. Turner joined Wallace’s discussion on “Fox News Sunday” about the spread of the virus and the administration’s response to its spread. Read More/Source/Credit/FairUse: https://dailycaller.com/2020/03/15/gi…

if you thought S&P -5% was a bad day, look at some of the Credit ETFs and REIT ETFs, then Loan/CLO ETFs…

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if you thought S&P -5% was a bad day, look at some of the Credit ETFs and REIT ETFs, then Loan/CLO ETFs and lastly Virus-related (this one is not a surprise though) -3x levered stuff all getting liquidated, this was a flush in Credit, maybe even some single name stocks pic.twitter.com/QmWnxFICop — Gold Mansacks (@Gold_Mansack) … Read more

We are screwed here in Vegas

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EVERY single casino and machines in even small ones are ordered to be turned off, major properties shut down i know it doesnt mean much to you guys, nor me personally, i doubt gamble anyway but its going to crash the local economy…gambling/casinos is life blood here, what keeps things going. the GOV sounded scared … Read more

I’m Betting on America. Are You?

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by Wayne Allyn Root I’m the ultimate positive thinker. I’m also very cynical. You can be both. My favorite saying is, “Expect the best, prepare for the worst.” So, I’m going to give you both sides of the Coronavirus story. Let’s start with the bad. This is the worst mess of our lifetimes. The economy is … Read more

President Trump Announces He’s Invoking the Defense Production Act, All Foreclosures and Evictions Suspended Until the End of April

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Trump Announces He’s Invoking the Defense Production Act Live just now. The Defense Production Act of 1950, as Amended (50 U.S.C. App. 2061 et seq.) https://www.fema.gov/media-library/assets/documents/15666 Defense Production Act From Wikipedia, the free encyclopedia The Defense Production Act (Pub.L. 81–774) is a United States federal law enacted on September 8, 1950, in response to the … Read more

Why Stock Buybacks Are Dangerous for the Economy

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https://hbr.org/2020/01/why-stock-buybacks-are-dangerous-for-the-economy Even as the United States continues to experience its longest economic expansion since World War II, concern is growing that soaring corporate debt will make the economy susceptible to a contraction that could get out of control. The root cause of this concern is the trillions of dollars that major U.S. corporations have spent … Read more

Bloomberg: Resist Your Inner Buffett. It’s Time to Do Nothing

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https://www.bloomberg.com/opinion/articles/2020-03-17/coronavirus-stock-crash-is-time-to-do-nothing-don-t-be-buffett-k7vef8o8?sref=5M6fXPU6 The following is an opinion piece posted on Bloomberg yesterday. The author, John Authers, essentially make an argument for investors to simply do nothing. Extreme situations create opportunities; they also offer the chance to lose ungodly sums of money. That is why we need to be careful with what psychologists call activity bias. It is a natural … Read more