RUSH: Hey, folks, we have official guidelines now from the World Health Organization about how to talk about the coronavirus. You ready?

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via rushlimbaugh RUSH: Hey, folks, we have official guidelines now from the World Health Organization about how to talk about the coronavirus. You ready? Are you ready for your orders? Here are the commands from the World Health Organization. You are permitted to talk about people acquiring or contracting the coronavirus. You are forbidden from talking … Read more

Italy faces yet more economic hardship

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by Shaun Richards Italy is the country in Europe that is being most affected by the Corona Virus and according to the Football Italia website is dealing with it in Italian fashion. In yet another change of plan, it’s reported tomorrow’s Juventus-Milan Coppa Italia semi-final will be called off due to the Corona virus outbreak. … Read more

Physical Gold Will Soon Break Free from the Paper Market in Spectacular Fashion

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From Brandon Smith Not long ago, the idea of gold and silver market manipulation was considered the realm of “conspiracy theory”. Alternative economists and precious metals investors were often accused of “wild imagination” or bitterness when it came to long periods of stagnation in the market. Despite a considerable amount of evidence to the contrary, our … Read more

Citigroup says, if there is recession, markets will drop another 20% from mondays market close

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Citigroup says, should a recession materialize, “it would need to cut its 2020 EPS projection by another $30 … Applying a multiple of 18-times earnings would generate a 2,400 level for the index, implying a 20% drop from Monday’s levels.” Citigroup says, should a recession materialize, “it would need to cut its 2020 EPS projection … Read more

Market is looking very similar to October 2008

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by 1337_h4x0r_pwnz Timeline Oct 2008: -First week Oct 2008, market sh*t blood similarly to what happened last week -Oct 8 Feds cut rates 0.5% just like they did today -Oct 9 largest dow drop by percentage since 1930s (just like last Fri) -Following Monday, largest gain of all time by percent (just like yesterday) -Tues … Read more

“Don’t fight central banks”… Until it stops working.

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"Don't fight central banks"… Until it stops working. Global money supply vs MSCI World pic.twitter.com/WOFwLQYLsK — Daniel Lacalle (@dlacalle_IA) March 4, 2020 The slide in US 10y bond yields below 1% suggests the Fed has lost control and deflationary stagnation awaits. Alexander Hamilton’s creations are now in uncharted territory. https://t.co/lghEtThX9A pic.twitter.com/BpGfLdQcfq — Holger Zschaepitz (@Schuldensuehner) … Read more

The sellout centrist Dems think that Biden, whose mind is clearly entering dementia, is going to beat Trump. Trump will wipe the floor with him.

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https://twitter.com/PhilipSoos/status/1235185857985822721 https://twitter.com/GreekFire23/status/1235184181354926080 Democrats Decide to Lose with Biden, Keep Establishment in Power RUSH: Okay, folks. I’m sorry it took me so long to figure this out, but I have now figured it out. I know what’s going on in the Democrat Party and I’m embarrassed I didn’t see it before last night. I saw it … Read more

Coronavirus Outbreak: Italian Govt Decides To Close Schools And Universities All Over The Country; Iran’s President Says Almost All Provinces Of His Country Have Been Impacted By Coronavirus

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ITALIAN GOVT DECIDES TO CLOSE SCHOOLS AND UNIVERSITIES ALL OVER THE COUNTRY DUE TO CORONAVIRUS OUTBREAK – ANSA — *Walter Bloomberg (@DeItaone) March 4, 2020 BREAKING: Tajikistan has informed airlines that it will deny entry to citizens of 35 countries due to coronavirus, including the U.S., the UK, China, Iran, and Japan – Reuters — … Read more

Chinese Q1 GDP could potentially be -12%; Car sales drop record 80%; Business Activity Index fell over 25 index points

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Chinese Q1 GDP could potentially be -12%.@Amdalleq @mtmalinen @DiMartinoBooth @TechQn https://t.co/2UUGXQaMPQ — Ian Prittie (@thereds8) March 3, 2020 🇺🇸🇨🇳 Arghhhhhhhhh, where did you go? 😱 Part 2 easing countdown: 3, 2, 1…. –> https://t.co/d64PP0JZYe pic.twitter.com/S0XXc5otyI — Morten Lund (@meremortenlund) March 4, 2020 OUCH! #China car sales drop record 80% as virus empties showrooms. World’s biggest … Read more

WHO says fatality rate higher than thought… TWO strains spreading… FAUCI PANDEMIC WARNING

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AMAZON employee tests positive for virus… Seattle ‘a ghost town’… Man in mask passes out on NYC sidewalk… Tensions rise as U.S. death toll reaches 9… WHO says fatality rate higher than thought… TWO strains spreading… Researchers from Beijing and Shanghai studied 103 samples of the coronavirus They found two strains of it, named them … Read more

Ready for another shock-and-awe panic-cut by the Fed? Last time the Fed panic-cut was in 2007/2008, and look what happened to stocks.

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By Wolf Richter for WOLF STREET. Spooked by the Fed’s shock-and-awe surprise 50-basis-point rate cut, the already frazzled markets did a job today. Gold surged nearly 3%. The three major stock indices all swooned nearly 3%. And Treasury yields plunged across the board. The 10-year Treasury yield plunged from 1.13% pre-announcement to an intraday low of 0.935%, and closed … Read more

Michiel Mol’s space tourism. What happened to XCOR’s $26,8 million?

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US President Donald Trump’s 2021 budget invests more than $25 billion in NASA, a 12 percent increase that makes it one of the strongest budgets in NASA history. This would significantly expand the niche and market entry threshold for new space players. Unfortunately, among numerous worthy and promising startups, there is a significant risk of … Read more

“If this doesn’t foretell a global recession & further big declines in equity prices, I don’t know what would, especially in view of Fed’s unexpected & large 50bps rate cut today,” Gary Shilling writes.

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This time is different? Announced buybacks plummet by 67%, panic cuts everywhere, CNBC is running the 8th “Markets in Turmoil” special since last week…. https://twitter.com/NorthmanTrader/status/1234985517592137729 Announced buybacks plummet by 67% in 2020 (mostly pre-Covid-19). Probably why we are not seeing the usual late-day "buy the dip" rallies. This matters because:1 – Buyback were the single … Read more

A man dropping dead in Flushing NY

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根据警方消息，这名亚裔男子年龄在20-25岁左右。3日下午一点左右，该男子因头晕摔倒在纽约法拉盛缅街和罗斯福交口附近，随后他被送往纽约长老会医院皇后区分院。这名男子在事发时戴着口罩，被送医时头部被磕伤，但意识清醒，无发热、咳嗽等症状。目前还未确定该男子是否有其他疾病。 pic.twitter.com/qQOuubAeRs — 杨占青 (@yangzhanqing) March 3, 2020