Just a tip: For those thinking about selling, have a pre-defined plan for getting back into the markets.

by cbus20122 With markets limit down 5% in futures trading, oil down almost 26% right now, and no real resolution of any of the items worrying markets, it’s understandable that we’re getting a lot of posts on here discussing going to cash, selling, reducing risk, etc. I’m not going to argue against the merits of going to … Read more

Things are starting to look worse than 2008…

https://twitter.com/GreekFire23/status/1236999221972172800 Circuit-breakers today: * If the S&P 500 declines 7%, (208 points), trading will pause for 15 min * If declines 13%, (386 pts) trading will again pause for 15 mins * If falls 20%, (594 pts) the markets would close for the day. (via @peterschack) @CNBC — Carl Quintanilla (@carlquintanilla) March 9, 2020 Soon … Read more

Funny how the Fed insisted that their liquidity injections had no influence on markets on the way up but now they ramp them up to protect markets.

https://twitter.com/NorthmanTrader/status/1236997142109196288 “Beginning today the Desk will increase amount offered in daily overnight repo operations from at least $100B to at least $150B…increase amount offered in 2-week term repo from at least $20B to at least $45B” Panic stations. ht ⁦@bondstrategist⁩ https://t.co/VaVJdRizTr — Danielle DiMartino Booth (@DiMartinoBooth) March 9, 2020 Fed is panicking! https://twitter.com/NorthmanTrader/status/1236991222281109505   AC

TRUMP – “She Has Torn This Country Apart”

“She Has Torn This Country Apart” – Trump Declines Invitation to St. Patrick’s Day Lunch with Scorching Letter to Crazed Speaker Pelosi President Donald Trump slammed and snubbed Speaker Nancy Pelosi on Sunday with an announcement he won’t attend the annual St. Patrick’s Day lunch in the Capitol this Thursday. It’s the first time a … Read more

Did the DNC intentionally schedule the 11th debate on CNN on Sunday March 15, 2020 to reduce viewership? – Jan 12th: HBO announces s03 premiere of Westworld – Feb 14th: DNC announces 11th debate

by upvoatz Westworld s03 is scheduled to premiere on Sunday March 15th at 9pm ET. The next debate is scheduled to begin on the same night at 8pm ET. Taking a page from the Clinton / Debbie Wasserman Schultz playbook four years ago, does anyone think it’s odd that: the debate was scheduled on establishment … Read more

WHO changed their medical suggestions after China’s $20 million donation

by CornCuLapte https://www.who.int/news-room/q-a-detail/q-a-coronaviruses The second point, the one that was removed, advising against the use of traditional, herbal medicine is still visible if you set the page to other languages (except Chinese, of course) (Although, it appears that for people with Chinese IP’s, it’s only missing from SOME languages <still visible on the Spanish page, … Read more

Growth, Corona-Virus, Decline. Discuss.

by C Hamilton  I’m going to suggest that the Corona-virus is more a window or a marker that separates what will be seen as the end of an era and the beginning of another.  Corona-virus is serious, global, and appears it will cause significant death and disruption.  But Corona-virus itself isn’t the problem (no more than … Read more

A Real Fact Check on the Trump Tax Cuts

by Martin Armstrong While the Democrats love to yell at the rich for always getting richer, in 2016, there were 541 US billionaires with wealth totaling about $2.4 trillion. In 2019, there were 607 US billionaires with wealth totaling about $3.1 trillion. Of course, this is based on stock market valuations and is not cash … Read more

Welcome to the oil price shock of 2020

by Shaun Richards Today is one where we are mulling how something which in isolation is good news has led to so much financial market distress overnight and this morning. So much so that for once comparisons with 2008 and the credit crunch have some credibility. And I felt a rush like a rolling bolt … Read more

Peter “Clairvoyant” Schiff thinks the Fed is not going to be able to stop the upcoming collapse of the financial system

https://youtu.be/ENRQDkGFIlI https://www.zerohedge.com/markets/peter-schiff-feds-response-coronavirus-just-delaying-day-reckoning “The Fed has erected this extremely leveraged economy and the reason we all have so much debt is because every time we try to have a recession, the Fed interferes. Instead of having a healing recessions, where debts are paid down and balance sheets are improved, we just keep levering up.” “They keep … Read more

DEEP STATE BTFO – Doug Collins confirms the House does NOT have the votes to pass clean FISA reauthorization

by sundance In November of 2019 buried deep in the congressional budget Continuing Resolution (CR) was a short-term extension to reauthorize the FISA “business records provision”, the “roving wiretap” provision, the “lone wolf” provision, and the more controversial bulk metadata provisions [Call Detail Records (CDR)], all parts of the Patriot Act.  As a result of the FISA CR inclusion the … Read more