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McCarthy on coronavirus bill up tomorrow: This will probably be the largest bill anyone in Congress has ever voted for McCarthy on coronavirus bill up tomorrow: This will probably be the largest bill anyone in Congress has ever voted for — Chad Pergram (@ChadPergram) March 26, 2020 You know why they call them bills? Because … Read more
by The Phoenix As I noted in yesterday’s article, the market was bouncing strongly, but “we’re not out of the woods yet.” Stocks slammed into overhead resistance yesterday and then retraced half of the day’s gains. This is not a good look if this rally is going to have legs. Stocks should have at least taken … Read more
Newark police will start to use loudspeakers to move people off streets when they see residents violating a statewide stay-at-home order that was put in place to stop the spread of coronavirus. Newark Mayor Ras Baraka in an announcement Wednesday stopped short of saying police would arrest residents who violate the city’s “shelter-in-place” order. But, … Read more
via RT For years, scientists have sought to understand the mystery behind supercentenarians, or people who live more than 110 years. Now, researchers have overcome the first obstacle in cracking the secret code of long, healthy life. For some as yet unknown reason, supercentenarians are resistant to diseases such as Alzheimer’s, heart disease and cancer. … Read more
By Tsvetana Paraskova Fiscal buffers and improved policy response will not materially weaken Russia’s credit profile at a time of low oil prices, Moody’s said in a new report, although it cut its estimate for Russia’s economic growth this year on the back of the slumping oil prices and the coronavirus-driven economic slowdown. Moody’s revised down on Wednesday … Read more
‘Unemployment benefits in coronavirus relief package angers my audience’ “The simplest way was and the fairest way was, $600 per person in certain states that may be a little bit too much money. In other states, it’s less money. It’s not a perfect system,” Mnuchin said. “But the president’s objective was to make sure we … Read more
Mesovorticies cavitating withing a extra-tropical cyclone also forming cyclonic lows within a near record low pressure winter storm in the N. Atlantic. Extra-tropical cyclone off west Africa joins the Mesovorticies at each end making a rough figure 8 in the atmosphere. Locust plague USA in 1870, plus snow in Lebanon and record snow in the … Read more
Do you think that most of the stores that closed will reopen? The economy is ruined. A sharp exaggerated recession is on now. Many believe it will be over very soon and an equally sharp rebound will occur. Stocks have already begun to price that in. Although the $2 trillion stimulus bill was by far … Read more
https://www.youtube.com/watch?v=7x91E29GEVQ We warned of them talking about this and even rolling this out in other countries. But now its here… Learn More: http://undergroundworldnews.com/2020/03/26/heads-up-they-begin-tracking-peoples-movement-in-us-and-using-social-distance-report-card/ https://www.youtube.com/watch?v=Ggo-iin2C6M Earlier, Los Angeles County Sheriff Alex Villanueva ordered all gun stores closed (fearing that too many first-time gun-owners were getting access to weapons), and now LA Mayor Eric Garcetti lashed out … Read more
https://www.reuters.com/article/us-health-coronavirus-china-manufacturin/chinas-factories-reopen-only-to-fire-workers-as-virus-shreds-global-trade-idUSKBN21D0IG “The unprecedented shutdown of normal economic activity across Europe, the U.S. and a growing number of emerging markets is certain to cause a dramatic contraction in Chinese exports, probably in the range of a 20-45% year-on-year drop in the second quarter,” said Thomas Gatley, senior analyst at research firm Gavekal Dragonomics. Economists had initially … Read more
Here's our estimate of the key provisions in the CARES Act. Clocking in at $2.2 trillion. pic.twitter.com/K2eim6Ht7P — Donald Schneider (@DonFSchneider) March 26, 2020
$SPY EPS ests are now falling at a rate greater than anything we have measured since the financial crisis of 2008.Stocks will bottom when the worst of the EPS est cuts, on a rate of change basis, are over. Has that happened? pic.twitter.com/zJqmJReIZH — The Earnings Scout (@EarningsScout) March 26, 2020 I just meant broadly… … Read more
by kellerman1994 Just to let ya’ll know, if you started working from home and isn’t really driving your car that often due to the Coronavirus outbreak and social distancing, you can actually call your auto insurance provider and request a lower premium for the duration of the situation because commuting distance is a factor … Read more
by kelsa8lynn I called my bank today to ask about temporarily suspending my mortgage payments. I’m a small business owner and while I’m OK during this time, I was curious what the process was like or what they were offering. I’m also a financial coach and wanted to give my clients a head’s up of … Read more
by bigd0g111 This weekend I introduced you idiots to vega hedging, and today I am here with further obscurity. Today, we dive into some company fundamentals. What is about to unfold is up there with pulling a 🌈🐻 Michael Burry, except it’s not against housing. It is against $PENN Gaming. These 💎🙌 have been short … Read more
by _WhatchaDoin_ I wanted to share my experience of the 2008 bailouts because we are among friends. Right? And friends help each others, and share their experiences. Right? During the financial crisis of 2008, it became clear that the government had to step in. People were losing their jobs, stock market dropped by more than … Read more
On page 158 of stimulus, it says you can take money out of your retirement accounts up to 100k without tax penalties. https://cdn.cnn.com/cnn/2020/images/03/25/cares-act.pdf AC
I drove over to check the scene out today, it was raining but I got some footy that should give an idea of what is going on in a smallish city like mine in SE Pa of about 150,000. This is the newest and largest hospital in our area. They were doing tests and had … Read more
Gallon of regular gas now as low as $0.99 in Oklahoma! Took a screenshot https://imgur.com/f2d60f6d-13be-42d8-805e-b9dd08f0249c Prices from gas buddy Link to site https://www.gasbuddy.com/GasPrices/Oklahoma Just think you can go to a gas station and buy a gallon of gas for less than the price of a bottle of water at the gas station. We are in … Read more
