U.S. CAPITOL, HOUSE and SENATE OFFICE..PENTAGON AND WHITE HOUSE are SHUT DOWN to PUBLIC for CORONAVIRUS

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#BREAKING: (@AP) — #Congress shutting US Capitol, House and Senate office buildings to public until April 1 in reaction to #coronavirus. https://t.co/6Evwth49Ho — CBSNBayArea (@CBSNBayArea) March 12, 2020 All public Pentagon tours have been cancelled until further notice @wusa9 https://t.co/Cr1VqQYhxJ pic.twitter.com/z1vcE1Islp — Marcella Robertson (@Marcella_Rob) March 12, 2020 CBSNBayArea @CBSNBayArea #BREAKING: ( @AP ) — … Read more

Boeing has triggered the corporate equivalent of a bank run

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via Zerohedge Earlier today, we reported that Boeing shocked the investing community when it announced that due to “market turmoil”, it would immediately draw down on its full $13.825 revolving credit facility, an unprecedented move for a company Boeing’s size and valuation, and one which was some took as an indication of how frail Boeing’s liquidity state … Read more

Corp earnings are a sitting duck when we start having $2T deficits and Repo Mkt turmoil every single day (and Fed bal sheet skyrocketing)

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Corp taxes collected last year: $160 billionTotal US tax receipts: $4 Trillion Corp earnings are a sitting duck when we start having $2T deficits and Repo Mkt turmoil every single day (and Fed bal sheet skyrocketing) P/E ratios are a mirage of debt, buybacks and fake tax rates pic.twitter.com/pkhtCqjngw — M/1_LP (@MI_Investments) March 11, 2020

If you’re wondering when to buy stocks during a recession: the official NBER confirmation of the recession has historically been a pretty good buy signal

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by jacquesopper Chart from Morgan Stanley: View post on imgur.com More info on NBER’s business cycle dating procedure: https://www.nber.org/cycles/recessions_faq.html Edit: Just to clarify, the NBER announces the recession by identifying the peak month (i.e. the end of the previous expansion and the start of the recession). This occurs several months after that peak month. For example, … Read more

The guy right next to Trump is the communications aide of Brazil’s president Bolsonaro. He is now showing coronavirus symptoms /is being tested.

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Saturday night at Mar-a-Lago Gregor Peter @L0gg0l · 2h AIDE TO BRAZIL’S PRESIDENT BOLSONARO REPORTS CORONAVIRUS SYMPTOMS AFTER RETURN FROM U.S (via @lucasrohan ) The guy right next to Trump is the communications aide of Brazil's president Bolsonaro. He is now showing coronavirus symptoms and is being tested https://t.co/1rPtBiq1oE — Gregor Peter (@L0gg0l) March 11, … Read more

Schools closing across US as coronavirus spreads

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https://www.youtube.com/watch?v=VMV_h7mDDwE The World Health Organization has declared the coronavirus outbreak an official pandemic. Restrictions are beginning to tighten all around the world. Hand sanitizer and toilet paper rationed at some stores. RT America’s Natasha Sweatte joins News.Views.Hughes from Los Angeles to report on the impact of the deadly coronavirus.

Deutsche Bank delays repayment on $1.25 billion of debt as coronavirus hits market – Reuters

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“If the market conditions persist like this, we may start seeing bank treasurers start to look at this option more and more,” said Filippo Alloatti, senior credit analyst at Federated Hermes. “I don’t love it as an investor, but as long as there an economic justification for this and the chain of reasoning is clear, … Read more

Lawsuit Filed Against State of CA for Temporarily Embezzling Estimated Tax Payments, Then Falsely Assessing Penalties for “Paying Late”

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by Christine_grab I have caught California’s Income Tax Collection Agency, The Franchise Tax Board, in two different racketeering schemes. I tried to get the illegal activity stopped by contacting legislators. I even made a speech to Legislators in both 2018 and 2019: https://vimeo.com/user93891576. The Legislators response was F*** you: https://gwsandiego.net/blog/?p=196. So now I have filed a lawsuit: https://gwsandiego.net/blog/?attachment_id=214 … Read more

The Dark History of the US Census

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SHOW NOTES AND MP3: https://www.corbettreport.com/?p=35374 Author and researcher James Bovard joins us today to discuss Facebook’s recent pledge to suppress all criticism of the US Census Bureau from its platform. We delve into the dark history of the US census and discuss how it has been used to round up and intern mass numbers of … Read more

Even after a giant fall, stocks are still expensive by historical standards

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https://fortune.com/2020/03/11/coronavirus-stock-market-stocks-high-valuations/ For instance, January and February. Though it seems distant now, the S&P 500 hit its all-time high of 3394 on Feb. 19. “The stock markets previously had priced in a Goldilocks scenario and entered the year with an elevated price-to-earnings multiple, providing little cushion,” says Jared Franz, an economist at investment giant Capital Group. … Read more

Chinese state sponsored media discusses banning medical exports to the United States, sending us into “hell of the new epidemic”

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Xinhuanet, chinese state sponsored media – translated: https://translate.google.com/translate?hl=en&sl=zh-CN&u=http://www.xinhuanet.com/politics/2020-03/04/c_1125660473.htm&prev=search Original: http://www.xinhuanet.com/politics/2020-03/04/c_1125660473.htm they’ve already restricted exports about 80 percent of the active pharmaceutical ingredients (APIs) used to make drugs in the United States are said to come from China and India. 97% of u.s antibiotics come from china we are very reliant on china in certain sectors. China is … Read more

Event Expert, cancel all events for two months!

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Major events around the world are being canceled, postponed or even going virtual to mitigate the spread of coronavirus. Richard Attias, executive chairman of global communication advisory firm Richard Attias and Associates, joins “Squawk Box” to discuss the economic impact.   LA

Saudi Arabia Books Supertankers To Flood U.S. Markets With Oil

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By Julianne Geiger Saudi Arabia’s state-run shipping company has hired multiple very large crude carriers to carry all the extra oil it plans on exporting next month—a rare move indeed for the shipping company that sports its own fleet of 41 tankers, according to Bloomberg sources. Bahri, as the Saudi’s shipping company is known, has booked passage … Read more

Roosh V Appears to Have Contracted Coronavirus from an After Party Involving CPAC

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Roosh Verified account @rooshv I’ve been sick for 9 days. Early symptoms were sore throat, muscle ache and headache. Then malaise, fatigue and dry cough, though never a fever. Every day I got a little worse. The illness peaked on day 8 when I started experiencing mild shortness of breath. I’ve isolated myself. https://twitter.com/rooshv/status/1237843310955229189 Roosh … Read more