Signs suggest a good chance of historic market movements coming next week.

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by cischiral Here is a graph of market up v.s. down days (shamelessly stolen from http://www.wolfstreet.com). Notably BOTH the upward movements and the downward movements have been trending larger over time since the start of the crash. Obviously this trend is unsustainable and it will stop at some point, but at the moment it looks full steam … Read more

Does this mean the street is not interested in liquidity to make markets? They only want to liquidate?

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Second of Fed's half trillion Dud-zookas and guess how much dealers bid for? $17bln out of $500bln. A crisis is upon us, the scale of which we won’t know for some time, and no one wants the Fed’s “money.”https://t.co/dPogGbgYNA pic.twitter.com/4xjUaqbXye — Jeffrey P. Snider (@JeffSnider_EDU) March 13, 2020 BBB alarm pic.twitter.com/p9xZs6P9ms — Win Smart, CFA … Read more

Watch for Florida replacing Washington as the epicenter:

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·      Washington has been hunkering down, closing schools, setting limits on numbers for gatherings, canceling events, and self isolating with even mega corps like Microsoft closing their campus and requiring workers to work from home. ·      Florida: Spring Breakers – ie college students from all over the USA who have not been tested – party on … Read more

Buckle Up: The CDC is hiring Quarantine officers

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by dog https://www.usajobs.gov/GetJob/ViewDetails/549063900 Summary Serve as a project representative for a program responsible for preventing the importation and spread of communicable diseases. Salary $51,440 to $93,077 per year Locations Many vacancies in the following locations:   Anchorage, AK    Los Angeles, CA    San Diego, CA    San Francisco, CA  Show fewer locations (16)   Miami, … Read more

Icahn reveals his biggest short position amid market turmoil: Commercial real estate

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https://www.cnbc.com/2020/03/13/icahn-reveals-his-biggest-short-position-amid-market-turmoil-commercial-real-estate.html Billionaire investor Carl Icahn told CNBC he expects the U.S. commercial real estate market will crumble. He said he is shorting the commercial mortgage bond market, and it’s his “biggest position by far.” He said the housing market bubble of 2008 has “happened all over again.”     I guess wework never really stood a … Read more

How worried should we be about a corporate debt ‘bomb’ exploding?

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by BillionDollaWhale There is currently near record amounts of corporate debt that was fueled by extremely long lasting low interest rates. This article was written prior to the virus outbreak, but especially sounds prescient now: https://www.washingtonpost.com/business/economy/corporate-debt-nears-a-record-10-trillion-and-borrowing-binge-poses-new-risks/2019/11/29/1f86ba3e-114b-11ea-bf62-eadd5d11f559_story.html If there is a severe economic contraction due to the virus, does this exponentially get worse if companies start … Read more

NARRATIVES ARE DROPPING LIKE CNN RATINGS…

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Hell freezes over. Gov. Cuomo publicly praises President Trump and the Vice President for corona response Gov. Andrew Cuomo on New York's drive-through coronavirus mobile testing center: "I want to thank the Vice President and especially the President who facilitated this and moved quickly." pic.twitter.com/jEeCsA6WeF — Francis Brennan (@FrancisBrennan) March 13, 2020 ART OF THE … Read more

Joe Biden Gets Confused Again – Has No Idea When He Would be President, ‘Two Years, Another Year… November, Or Actually January

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Trump War Room – Text EMPOWER to 88022 @TrumpWarRoom Joe Biden has no idea when he would be president: “But even I can’t do that for another two year, another year, between now and November. Or actually January.” Joe Biden has no idea when he would be president: "But even I can't do that for … Read more

Congress Fails to Reform FISA & Patriot Act — Tulsi Gabbard

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Unfortunately Congress just passed a bill allowing continuation of intel/law enforcement agencies to infringe on your civil liberties. Patriot Act & Foreign Intelligence Surveillance Act (FISA) needed real reforms to prevent these constitutional abuses. Congress failed to do this. The American people deserve robust debate and discussion in order to craft new laws that provide … Read more

Democrats: You Don’t Have To Fall In Love, You Just Have To Fall In Line.

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“The Biden 2020 campaign isn’t about following its nominal leader, or even listening to him; it’s about the party pushing him over the line collectively…” “… and about making plans to give him the necessary support once he’s in office, as Booker’s endorsing statement alluded to in references to ‘winning races up and down the … Read more

Biggest One Day Gain EVER! Dow pops 1,985 points as Trump’s national emergency enlists Google, Walmart in coronavirus fight

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Watch the latest video at foxnews.com U.S. equity markets soared in the final hour of trading as President Trump declared a national emergency over the coronavirus and enlisted the nation’s biggest companies in the fight. A HISTORICAL LOOK AT THE DOW’S BIGGEST SWINGS The Dow Jones Industrial Average surged by over 1,985 points or 9.3 percent. The S&P 500 and Nasdaq … Read more

NATIONAL GUARD to BE DEPLOYED in U.S.

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National Guard activated to combat coronavirus spread in six states, more to follow Dylan Gresik Meanwhile, the National Guard said it would deploy 1,000 troops in six states — Florida, Iowa, Louisiana, New York, Rhode Island and Washington — by the end of the day Friday https://www.militarytimes.com/news/coronavirus/2020/03/13/national-guard-activated-to-combat-coronavirus-spread-in-six-states-more-to-follow/ https://www.foxnews.com/   NG

Not Just For Italy. Socialism Kills — Both Varieties, National And International — Fast Or Slow, Soft Or Hard, But It Always Kills

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Makes me think of what Heinlein said, from memory: “Stupidity is the only capital crime. The punishment is always death. There is no appeal.” For Italy, multilateral globalism, plus socialism, equals death. Italy’s in dire need of help. Its health care system is collapsing. The coronavirus has put the whole country in quarantine. There are … Read more

THE DESIRE NAMED STREETCAR: California bullet train project employees told to ‘shut up’ about project woes: report.

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Watch the latest video at foxnews.com via foxnews Employees at the lead consulting firm for the struggling California bullet train project were told to “shut up” and threatened with termination if they talked about the costly infrastructure project, according to a report this week. “I was told to shut up and not say anything,” Mark Styles, who worked … Read more

Ask yourself why the media called it the Wuhan virus until the moment the Chinese government began their big propaganda push, then it instantly became racist. Our media is much, much worse than just biased.

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AGENTS OF INFLUENCE: https://twitter.com/PartymanRandy/status/1238447327360278532 Related: here is yet another NYT columnist repeating the Chinese propaganda line. Please stop doing this. pic.twitter.com/HbXGHyr7DL — PoIiMath (@politicalmath) March 13, 2020 Also: REMINDER: We should be hammering the hell out of China for their culpability in creating this pandemic, to say nothing of their disgusting attempts to push untruthful propaganda … Read more