CHICK-FIL-A drive THROUGH IS ABOUT TO GET RIDICULOUS, DRIVE THROUGH ONLY

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All others will follow suit im sure Chick-fil-A, Inc. @ChickfilA In an effort to manage the evolving impact of coronavirus on our communities, we are temporarily closing our dining room seating to help limit person-to-person contact. Learn more: In an effort to manage the evolving impact of coronavirus on our communities, we are temporarily closing … Read more

UPDATE–Ohio and New Jersey: Curfews, Bars Ordered To Close, Take-out Only …

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Escalating Quickly: Hoboken NJ Announces City-Wide Enforced Coronavirus Curfew – All Citizens Must Stay in Their Homes 10pm to 5am… []Hoboken Mayor Ravinder Bhalla announced a citywide curfew will be in effect starting Monday. The curfew also places major restrictions on bars and restaurants. The curfew will be in effect from 10 p.m.- 5 a.m. … Read more

Wake up. 1.5 Trillion Circuit Breaker is socialism for Wall Street scams. You get no test kit, you don’t get a hospital bed. They get a bailout with no checks and balances.

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It’s not a “bailout”, as I understand it: https://thehill.com/policy/finance/487279-fed-to-spend-15t-to-pump-liquidity-into-financial-markets-amid-coronavirus The New York Fed said in a Thursday statement it will drastically increase the scale of its repurchase (repo) agreements, during which it buys Treasury bonds and other securities from banks and traders with an agreement to sell the product back with interest the following day … Read more

Things are so bad even bears are hoping for a rally.

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https://twitter.com/NorthmanTrader/status/1239509936020873218 With SPY trading down around 10% we are sitting near last weeks overnight lows around this level… let’s see what happens after futures open and then immediately freeze. https://t.co/yCrV7LlePl — The Long View (@HayekAndKeynes) March 16, 2020 The plumbing behind world’s financial markets is creaking. Loudly LONDON (Reuters) – The coronavirus panic is jolting … Read more

The historic 7.5% short-squeeze on Friday close was one of the most memorable, amazing displays of markets’ abilities to out maneuver human psychology ever witnessed.

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by Triple_Theta After bearish sentiment and fear began to grip the market with nearly unprecedented levels this week, and each failed rally on what would normally be described as colossal monetary intervention proved to be just a bump on the road toward complete oblivion, the Friday close began to show itself coming ever nearer. With … Read more

“Where You Stop Is Where You Stay” – Domestic Travel Restrictions Are Being “Considered”

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by Michael Snyder Is the United States on the verge of a complete and total “lockdown” like we have already seen in China, Italy and elsewhere?  As you will see below, the Trump administration has repeatedly brought up the possibility of “domestic travel restrictions”, and that means that this is something that is very seriously … Read more

Deutsche bank Appears To Have Deregistered As A Company In Germany

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DEUTSCHEBANK APPEARS TO HAVE DEREGISTERED AS A COMPANY IN GERMANYTHIS IS BACKBONE FOR THE FOR THE EUROPEAN CENTRAL BANKTHE EUROPEAN EXPERIMENT APPEARS TO BE DOOMEDHERE ARE THE DE-REGISTRATIONSPOP YOUR CORN ! THE STORM IS HERE@deanomight1 @V_4_Vendatta W W G 1 W G A🍿🍿🍿 pic.twitter.com/vuMaGLue4Z — 🇺🇸D⭐️E⭐️A⭐️N🇺🇸† (Text Trump to 88022) (@deanomight1) March 15, 2020

Just released implosion

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Just released implosion pic.twitter.com/hbRC9Tl5q7 — Not Jim Cramer (@Not_Jim_Cramer) March 16, 2020 I wonder if China realizes that we are figuring out just how vulnerable we are to the China supply chain and that we're going to change our sourcing and spending habits ASAP? What will things look like for them as that wave rolls … Read more

Dip buyers, beware of sensational headlines!

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by Michael Markowski Many investors are salivating to trade the dips in a stock market which is becoming increasingly more volatile.  It’s because Wall Street for the week ended March 13th according to the headlines had its worst week since 2008.  Its human nature to want to buy at fire sale prices. March 13, 2020 headline: … Read more

California Locking Down and Distancing

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Governor Newsom just issued a public health directive to increase social distancing: -Home isolation of seniors 65 and older and with chronic health conditions -All bars and nightclubs must close -Restaurants must space people out and can provide takeout -Homeless people will be transitioned out of encampments and into healthier settings, for example, hotels and … Read more

Panicked Fed Slashes Rates to Near 0%, Throws $700 Billion QE on Top, after $1.5 Trillion Shock-and-Awe Repos Fizzled. Stock Futures Plunge 5%, Hit Limit Down

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Holy moly, what a mess. But here is our hilarious cartoon of Jerome Powell tearing out his hair. Gotta keep you sense of humor. Sunday at 5 p.m., the frazzled Fed announced in a statement that it slashed its policy interest rate by a full percentage point, to a target range between 0% … Read more

Joe Biden Will Get Violent – The Real Crash – Triple Lutz Report #478

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from Financial Survival Network Joe Biden has entered a new phase of his cognitive impairment, it’s gone from disorientation, verbal gaffes and speech impairment to uncontrolled anger, bursts of profanity and a general loss of control. The next phase will be uncontrollable anger leading to violent outbursts. Visit any nursing home and you’ll find people in … Read more

Here it is! Fauci says we need to SHUT Nation down for 14 days!

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via washingtontimes Dr. Antony Fauci, director of the National Institute of Allergy and Infectious Diseases, urged Americans to shut down more aggressively as the coronavirus spreads. On MSNBC’s “Meet the Press” Mr. Fauci endorsed a 14-day “national shutdown” to help slow down the virus. He explained that he has brought it up with the administration, which is generally open to … Read more

VIDEO: Hand Sanitizer Hoarder’s Stash Now in Possession of the U.S. Government? Confiscated? “Donated”?

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HAPPENING NOW: Matt did not answer our calls so we went to his storage unit. The AG’s office was on the scene facilitating with the donation. This is the 3rd stop they’ve been to this morning to gather the sanitizer. @WRCB https://t.co/SLOaEwJLOj pic.twitter.com/REJPNhiSbS — Hunter Hoagland (@HunterHoagland) March 15, 2020 “I just want to make … Read more

We need to brace for longer lockdowns

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We need to brace for longer lockdowns: “Americans should be prepared that they are going to have to hunker down significantly more than we as a country are doing” says longtime NIAID director Dr Fauci. He is one of the few voices in US govt that I absolutely trust on #COVID19 pic.twitter.com/kIoLH5yjIh — Eric Feigl-Ding … Read more

Ray Dalio: “We did not know how to navigate the virus…So, we stayed in our positions and in retrospect we should have cut all risk” – indexers are in good company

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https://www.ft.com/content/6addc002-6666-11ea-800d-da70cff6e4d3 Hedge fund legend Ray Dalio talks about the losses his fund has taken. They had to decide how to respond to the coronavirus situation, and just sat on their hands. No doubt many more mutual and hedge funds are having to make tough re-allocation decisions right now. I know folks here are mostly buy-and-never-sell … Read more