We Are Staring At The Abyss Of A Credit Crunch, The Bond Market Is Basically Confirming A Lot Of Death Coming

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For everyone under 110 who’s never experienced a down market… This is what ‘29 felt like. — Jon Boorman (@JBoorman) March 6, 2020 i think the bond mkt is basically confirming a lot of death coming — AGTrader (@agtrader) March 6, 2020 Sovereign Bond Yield Collapse Shows the World Is in Crisis Mode German yields … Read more

Flybe collapses as coronavirus deals final blow

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LONDON (Reuters) – British regional airline Flybe collapsed on Thursday after a plunge in travel demand, making the long-struggling carrier one of the first big corporate casualties of the coronavirus outbreak. https://uk.reuters.com/article/uk-flybe-funding-administration/flybe-collapses-as-coronavirus-deals-final-blow-idUKKBN20R34N Global Economy Is Gripped by Rare Twin Supply-Demand Shock https://www.bloomberg.com/news/articles/2020-03-05/global-economy-is-gripped-by-rare-twin-supply-demand-shock  

VIDEO: Bernie Sanders: I Will Drop Out if Joe Biden Has More Delegates Heading into the Convention #NoRefunds

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Bernie Sanders: I Will Drop Out if Joe Biden Has More Delegates Heading into the Convention #NoRefunds 4:52 NO REFUNDS: View post on imgur.com AGAIN, NO REFUNDS: View post on imgur.com Sanders says Biden should be Democratic nominee if he wins plurality of delegates https://www.cbsnews.com/news/bernie-sanders-says-joe-biden-should-be-winner-of-democratic-nomination-if-he-has-plurality-of-delegates/   Florida Shock Poll: Joe Biden 61%, Bernie Sanders 12% … Read more

A Rate Cut, Gold & Stocks…It’s 2008 All Over Again?

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by Przemysław Radomski via Sunshine Profits It was only yesterday (and Monday), when we emphasized that it seems that it’s 2008 all over again, and that the interest rate cuts as well as possibility of QE4 are not likely to prevent markets from declining. The next regular interest rate decision is on March 18, but the Fed decided to cut the rates by 0.5% … Read more

Joe Biden has praised George W. Bush (Liberty Medal), Dick Cheney (“I actually like Dick Cheney for real […] he’s a decent man”), Mike Pence (“decent guy”), Strom Thurmond (eulogy), Jesse Helms (“only Helms can fix the U.N.”), & William Barr (“heck of an honorable guy”; “one of the best” U.S. AGs)

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by no-militarism George W. Bush, Laura Bush Awarded Liberty Medal Amid Protests From Veterans: https://philadelphia.cbslocal.com/2018/11/11/george-w-bush-laura-bush-awarded-liberty-medal-amid-protests-from-veterans/ [2018] Joe Biden: “I actually like Dick Cheney… I get on with him. I think he’s a decent man.” He adds that Cheney was “extremely helpful” about the “legal parameters” of the VP office. Without irony. Mondale then says his view of … Read more

Starbucks bans personal cups over coronavirus

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Washington (AFP) – Reusable cups are in vogue for reducing waste but are no longer welcome at Starbucks cafes over fears of the coronavirus, the coffee chain announced. “We are pausing the use of personal cups and ‘for here’ ware in our stores,” Rossann Williams, an executive vice president, said in a statement Wednesday, adding … Read more

JUST NOW: Lindsey Graham corrects Trump’s “hunch” to contradict WHO’s death rate for coronavirus

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Lindsey Graham on Trump citing “hunch” to contradict WHO’s 3.4% death rate for coronavirus: “I listen to the scientists when it comes to the numbers, and I would encourage the president if he’s going to report things to make sure the science is behind what he’s saying” Lindsey Graham to @mkraju on Trump citing "hunch" … Read more

A New Hampshire man with flu-like symptoms was asked to avoid contact with other people. Instead, he went to a party. Three days later…

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A New Hampshire man with flu-like symptoms was asked to avoid contact with other people. Instead, he went to a party. Three days later, he was confirmed as the state’s first coronavirus patient. A New Hampshire man with flu-like symptoms was asked to avoid contact with other people. Instead, he went to a party. Three … Read more

Lynette Zang – THE WORLD ECONOMY AT RISK: Can Central Banks Save Us?

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ITM Trading, Released on 3/4/20 Links to slides and sources: https://www.itmtrading.com/blog/coron… With fear creeping into the markets as we enter into uncharted territory, global central bankers are facing their biggest test yet. The fed just cut rates by a whopping 50 basis points; a level only used during past financial crises. It was supposed to instill … Read more