by originalmuggins Historically, massive VIX spikes are not sustained. Usually there is a big event, a massive market fall out, and then volatility while the market tries to figure out the new equilibrium. Sometimes there is an actual economic downturn that can lead to a recession. So usually, long options in a high VIX environment … Read more
via Marketwatch: The New York Fed’s overnight repo operation offering liquidity to broker-dealers was oversubscribed on Tuesday. The Fed tendered $100 billion of temporary funds in return for high-quality collateral like Treasurys and mortgage-backed bonds, with $108.6 billion of bids offered for the available funds. The longer-term 14-day repo operation of $20 billion was also … Read more
Wow: Chuck Schumer to Justices Gorsuch & Kavanaugh: “You have released the whirlwind & you will pay the price.” “You won’t know what hit you if you go forward with these decisions” Can you imagine the media outrage if McConnell said this about RBG? 🤔pic.twitter.com/0yK0YrloJC — Charlie Kirk (@charliekirk11) March 4, 2020 Out of bounds … Read more
Economist and money manager Peter Schiff says, “Everybody is a long term investor until they need the money. This is a giant Ponzi or pyramid scheme. . . . The only way people can retire from their stock portfolio is to sell shares. . . . Or if everybody is stuck in the same emergency … Read more
The $912 million-funded fintech giant will provide compensation to all customers of its Robinhood Gold premium subscription for borrowing money to trade plus access to Morningstar research reports, Nasdaq data, and bigger instant deposits. It’s offering them three months of service. A month of Robinhood Gold costs $5 plus 5% yearly interest on borrowing above … Read more
by WARREN MOSLER Another one of those brief moves up after the long slide seems to be reversing: The ISM Manufacturing PMI for the US declined to 50.1 in February of 2020 from 50.9 in January and below market expectations of 50.5. New orders contracted (49.8 from 52), production slowed (50.3 from 54.3) and both employment … Read more
Simon Black @thesovereignman with a nice history lesson on Fed rate cuts going back to 1987…..and how different (dangerous) it is this time pic.twitter.com/nBc4LclQlB — M/1_LP (@MI_Investments) March 4, 2020 Rates are going to ZERO. 10yrs could be 50bps or less. For an institutional portfolio with mix of equity and govt bonds, your bonds will … Read more
https://twitter.com/evdefender/status/1235230935605485570 Over the last four months, Tesla’s shares have nearly tripled in value after the company’s quarterly earnings twice beat Wall Street’s expectations. But some Tesla critics allege that those profits were the result of misleading accounting. They claim that Tesla has inflated its profits by artificially lowering its “warranty reserve,” the money it sets aside to … Read more
China, Japan, Germany, Italy, South Korea likely are already in recession. Inflation expectations keep falling – this is not the time for “wait-and-see”. @ecb should start sizable permanent expansion of the money base and keep going until market inflation expectations are at 2% https://t.co/JuzcQfm6Q0 — Lars Christensen (@MaMoMVPY) March 4, 2020 The Fed's current posture … Read more
David Morgan sheds light on the ongoing correction we are now witnessing in the global markets, with China’s economy frozen due to the dreaded coronavirus, how long can the rest of the world keep functioning before the coronavirus wave of fear triggers mass panic. TOPICS IN THIS INTERVIEW: 01:05 Brutal stock market correction 07:25 Palladium … Read more
by don_tiburcio In light of recent changes by reddit admin affecting other subs where mods are being replaced, users banned, and content filtered, censorship is slowly creeping across the website and leading to an entire Reddit that conforms to the mainstream narrative and admin view.
This dude has minimum a cold and decided to drink from his infants water bottle and give it back to her. He was just released from quarantine. I guess he still isnt concerned about hygiene. h/t AcidNewports
IMF. “Global economic slowdown more significant than previously thought.” No surprise to ANYONE who follows my work.. The US and the world economies are in free-fall… GM
https://www.youtube.com/watch?v=UHI7QgDHjHs
3:25 of the video… This is an anesthesiologist from Italy. Says criteria varies as well as age. No way our CDC is going to get this right… Ages vary No contact with infected people X-ray doesn’t show…only CT scan This is technical..listen carefully wow, he says you have to intubate early on to protect health … Read more
ROFL pic.twitter.com/BzdNewIdqQ — The Columbia Bugle 🇺🇸 (@ColumbiaBugle) March 4, 2020 Super Tuesday Results: BERNIE SUPPORTERS on SUICIDE WATCH: Joe Biden Wins 10 of 14 States, Bernie Sanders Wins Only 4 of 14 States View post on imgur.com https://www.nytimes.com/interactive/2020/03/03/us/elections/results-super-tuesday-primary-election.html Joe Biden Wins: 01. Ala. Biden wins. 02. Ark. Biden wins. 03. Mass. Biden wins. 04. Minn. Biden wins. 05. … Read more
Grabbed this quote on Biden from a Bernie Supporter on Reddit.China. “He just called his wife his sister and his sister his wife for a second there. I’m about to honestly cry.” AC
The 20 Questions with Vladimir Putin project is an interview with the President of Russia on the most topical subjects of social and political life in Russia and the world. The first part of the interview is about the tasks of the new Russian government. Putin talks in an interview to TASS
Recent moves have sidelined DOJ’s antitrust leaders, leaving oversight of investigations into companies like Google to the AG’s handpicked staff. Attorney General William Barr has spent months taking greater control of the Justice Department’s antitrust probes into the big tech companies, a development that could increase the peril for major players like Google and Facebook. … Read more
