Since the shock-and-awe surprise rate cut, the S&P 500 has dropped 3.8%. By Wolf Richter for WOLF STREET. The whiplash-inducing volatility in the stock market has been quite something. Today, after a last-minute push that fizzled in the last five minutes of trading, the S&P 500 ended the day down 1.7%. By the size of recent moves, that … Read more
Authored by Alasdair Macleod via GoldMoney.com, Oil prices have sold off sharply over the past month. Despite a series of bullish events – the killing of Qasem Soleimani by the US, Iran’s retaliation attack on US troops in Iraq, the shutdown of almost the entire Libyan production and the US’ tightening the screws on Venezuela by … Read more
Been waiting years to tweet this.. “In bear markets, stocks return to their rightful owners.” – J.P. Morgan — Ian Cassel (@iancassel) March 6, 2020 https://twitter.com/Alex10050409/status/1236082371734233089 “Yields plunging” headlines abound. Some yields are. But some are going the other way! And it’s the ones going the other way that matter! Does it matter if Fed … Read more
If they stop making our medicine, we will literally die! F*ck the commies and bring back all manufacturing. Our lives depend on it Amazing how the corona virus has opened the eyes of so many leftards to the dangers of globalization. Coronavirus Exposed America’s Heavy Reliance On China For Medicines Pretty scary sh$% this is … Read more
by starhockey36 With the economy seeming entering in to the next recession (or worse), we are all wondering where we can get our money in to become the guy from the Big Short. As noted in the TL;DR at the top for all the autists who can only read TSE, I believe the auto … Read more
by Michael Markowski The simultaneous double-digit declines for the stock markets of four of the world’s developed countries from February 20 to February 28, 2020 was not only an historic event; but unfortunately, ominous in that it portends dire financial times ahead. Based on empirical data and statistics the probability is 100% that the US, … Read more
by jeanfrancois111 Oh, and of course you can’t opt-out. https://old.reddit.com/r/modnews/comments/fdh4rr/announcing_our_partnership_and_ama_with_crisis/ Sort that thread by controversial to find out what actual depressed/suicidal people think of this. Here are interesting excerpts from the OP: As part of our partnership, we’re hosting a joint AMA between Reddit’s group product manager of safety u/jkohhey and Crisis Text Line’s Co-Founder & Chief … Read more
by Shaun Richards I thought that I would end this week with a topic that we can look at from many angles. For example the first question asked by the bodies that have dominated this week, central banks, is what will this do to house prices? Well in ordinary times this weeks actions would have … Read more
https://www.youtube.com/watch?v=FUVdSSOQHbQ Jimmy Dore fills in for Jesse Ventura. Jimmy and Brigida Santos discuss updates from the World Health Organization about the global Coronavirus outbreak. They also reveal the results of Super Tuesday. Army veteran turned war critic Danny Sjursen talks about the consequences of America’s forever wars.
by The Phoenix Stocks are going to revisit the lows. This is completely normal behavior for markets: a consolidation period after a major downdraft. We could even take out the lows and still be bottoming. But that remains to be seen. The real issue is NOT the coronavirus itself, but how much the PANIC around coronavirus will … Read more
by Simon Black Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, your finances, and your prosperity… and on occasion, poetic justice. Hillary Clinton’s Email Scandal Just Rose From the Dead Ignorance of the law is no excuse for … Read more
So yeah, anybody that wants a test can get a test per the Don. Was just live on FoxNews at the CDC. He goes on to say:” And the tests are beautiful…” Video below starts at 26:18 He literally interrupts the experts explaining where the tests are and blurts that out, and as you said, … Read more
by MrNagasaki “Make sure you have the record player on at night… make sure the kids hear words.” “We hold these truths to be self-evident. All men and women created by the, go, you know the, you know the thing.” “Super Thursday” “I’m a Democratic candidate for the United States Senate. Look me over, if you … Read more
JOE BIDEN IS A NASTY PIECE OF WORK: [Biden] is a vicious self-serving political hack, for one thing, one whose ambition leads him from time to time into shocking indecency. You may have heard that Biden lost his wife and daughter in a horrifying drunk-driving wreck, the fault of a monster of a man … Read more
As the Asian man stands silently next to a door, the other man grabs a bottle of Febreze he appears to have been carrying in a laundry bag, and begins spraying it at the victim. ‘Move! I asked you nicely,’ he says. A second video, which appears to have been shot just moments after the … Read more
Wall Street is begging for a Fed bailout. Current Fed target rate: 100-125 (after cutting by 50bps this week!) Fed rate probabilities for March 18 meeting: ▪️ 25-50bps: 67.1%▪️ 50-75bps: 32.9% This is truly sad. pic.twitter.com/RnNyDkDGkz — Hedgeye (@Hedgeye) March 6, 2020 #Apple tells ALL its 12,000 staff at the Cupertino HQ to work from … Read more
"#Lebanon is highly likely to default on a $1.2 billion, 10-year #eurobond that matures March 9. Even if it makes that payment, the country's #finances are near collapse." From @emmleeclaire, @Ryan_Bohl & Michael Monderer. https://t.co/FbtA8iplRv pic.twitter.com/aYzFv1hM3j — RANE (@RANEnetwork) March 6, 2020
