Nancy Pelosi Shuts Down Nadler’s Request to Flee DC over Coronavirus: ‘We’re the Captains of This Ship’

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JOSHUA CAPLAN10 Mar 20202,919 2:58 House Judiciary Chairman Jerry Nadler (CHICKEN SHIT) (D-NY) on Tuesday said Democrats should flee Washington, D.C. as coronavirus continues to spread across the United States — A suggestion which was immediately shut down by House Speaker Nancy Pelosi (D-CA), according to a report. Nadler made the remark in a closed-door caucus … Read more

MAJOR BAIL-OUT – President Trump to bail-out Oil Industries with Federal AID

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Federal Aid = Your Tax Money As stock market plummets. https://www.texastribune.org/2020/03/10/white-house-likely-pursue-federal-aid-shale-companies/ “One of the companies hardest hit was Continental Resources, founded by Harold Hamm, a Trump supporter and an adviser to the president on energy issues. He said that the administration should consider using illegal dumping laws to prevent Russia and Saudi Arabia from slashing prices of … Read more

Lehman Brothers 2.0 Is Unfolding! What Stopped The Last Crisis? The Fed Fought Back By Launching Rate Cuts And QE. This Crisis Started When The Fed Was Already Doing Rate Cuts And QE.

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by The Phoenix The world is facing two crises. The first, coronavirus, is manufactured, the second, a credit implosion, is very real. The coronavirus panic was 100% made up and manufactured by the media. Globally 100,000 people have been infected and a little over 3,000 have died. Swine Flu infected 60 MILLION and KILLED 60,000 people, in … Read more

Video: Joe Rogan with Infectious disease expert Michael Osterholm, says “We need to stop thinking this is only an Old Person disease”, Italy has seen severe cases of people 40 years and older. What he says is pretty nuts

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by rawrtherapy what Michael says is nuts basically saying that a lot of the people passing away were smokers that are more than likely matched to the respiratory issues caused by corona what illness in america has the same issues that smoking entails? Obesity. He basically said that obese people, which is like what 50% … Read more

JPMorgan and Citi have already made half a billion dollars selling puts, spokespeople decline to comment

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(Bloomberg) — The historic panic in global stock markets has spawned a fortune for some of the world’s biggest investment banks. JPMorgan Chase & Co. and Citigroup Inc. have added about $500 million in revenue from equity derivatives trading year-to-date compared with the same period in 2019, people familiar with the matter said. Trading surged … Read more

Goldman says the bull market will end soon… Buybacks have been decreased by 46% YoY… $140 billion in energy debt at risk of imminent downgrade to junk

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Goldman says the bull market will end soon with stocks dropping another 15% from here https://t.co/vJ1TtZPDge — CNBC (@CNBC) March 11, 2020 $140 Billion In Energy Debt At Risk Of Imminent Downgrade To Junk For years, those warning about a “fallen angel” tsunami were mocked and ridiculed at by the Fed-loving polyannas. In the coming … Read more

Saudi Russian Oil Price War DD

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by Malokium Russia has been trying to destroy US shale ever since they have been passively sitting aside eating up marketshare in the oil industry. They are using this price war to do that. Russia has been increasing production, and stockpiling for this in the short term, while Saudi has been cutting. Saudi raised production … Read more

LIVE: San Francisco is officially not busy.

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by pineapplesushitaco Had the interns counting people crossing a one block section of Market street. Foot traffic is down 68%. It’s a lovely day, sunny and the vagrents are unusually sober. Human feces and needles on the sidewalk volumes remain stable. Retail slaughtered in the next 90 days. Starbucks cutting shifts. SF Today  

Frendly Reminder for new bears: Don’t hold inverse ETFs overnight.

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by biochemguy Just doing some due diligence, something I suspect many of you haven’t done. https://www.ally.com/do-it-right/investing/long-inverse-etf-strategies/ ” Don’t use inverse ETFs to hedge your portfolio against a longer-term downswing in the markets. This is a mistake because of the disadvantage of daily rebalancing. ” Go ahead and read that page from the start before you … Read more

Merkel Expects 60-70% Of Germans To Be Infected With Coronavirus

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Authored by Paul Joseph Watson via Summit News, Angela Merkel says she expects around 60-70 per cent of Germans will be infected with the coronavirus, which equates to about 53 million people. Reportedly, the German Parliament fell completely silent when Merkel stated the number. News outlet Bild reported the German Chancellor’s comments, which echoed numbers … Read more

Robert Shiller on economic fallout from coronavirus, Fed’s possible response and the state of the housing market

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Bloomberg, Released on 3/9/20 Nobel laureate Robert Shiller, Yale University professor of economics, discusses the economic impact of the coronavirus outbreak, the Federal Reserve’s possible policy response and the state of the housing market. Robert Shiller is an American economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale … Read more

The Clock Has Stopped with John Rubino

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from Financial Survival Network John Rubino and I have been warning you for 9 years about what the economy and the stock market. On numerous occasions we were berated as being “stopped clockers.” We always stated that we didn’t know when it was going to happen, only that we were certain it would. And surprise, surprise. It … Read more