OTTAWA—The Bank of Canada on Wednesday took a cue from the Federal Reserve and cut its benchmark interest rate by a half percentage point in response to mounting worries about the economic toll of the coronavirus epidemic. It also signaled a willingness to ease further to guard against a deteriorating outlook. The central bank said … Read more
Only a small majority of Bernie Sanders voters say they will definitely support the eventual Democratic nominee at the 2020 election if the independent Vermont senator does not win the race, according to a poll. The National Emerson College Poll of 1,128 registered voters between January 21 and January 23 found that 53 percent of Sanders … Read more
Toronto-based research team Citizen Lab made the bombshell claim yesterday Censored content included texts about the virus deemed as ‘rumours’, it is said The app allegedly expanded the scope of censorship as the outbreak escalated It remains unknown if this is an order from the government to media companies The novel coronavirus has killed 3,220 … Read more
by Martin Armstrong It was only a couple of weeks ago when people were telling Joe Biden quietly how he could end his campaign with dignity. He lost to a gay guy, a devout communist, and a fake Indian. Hang in and win South Carolina, and if Super Tuesday went against him, bow out gracefully. … Read more
Coronavirus latest: -90,441 infected globally; death toll rises to 3,123 -Korea cases reach 5,186 -Iran reports 2,336 infections -New deaths in Washington bring U.S. total to 9 Coronavirus: Iran temporarily releases 54,000 inmates to avoid spread in its prisons” https://twitter.com/i/events/1219057585707315201 h/t QuantumLove
by Simon Black On October 19, 1987, the US stock market suffered the worst crash in its more than 200 year history, dropping more than 23% in a matter of hours. It wasn’t just in the United States, either. More than 20 major stock markets around the world, from London to Hong Kong to Australia, fell … Read more
https://twitter.com/MartishShawn/status/1233880456812064769
.@WhoopiGoldberg calls @DrBiden a "hell of a doctor" Whoopi wants her to be Surgeon General. Biden has a doctorate in education. pic.twitter.com/7FzSyKGSta — Washington Examiner (@dcexaminer) March 4, 2020 GR
https://streamable.com/0s97i One of the requirements to become President of the United States is that you must be at least 35 years old, but there is no upper limit to how old someone can be as President. As people age, their cognitive abilities decline. Go watch a Donald Trump interview from the 90s then watch an … Read more
Traces of faeces have been found on every single McDonald’s touchscreen swabbed in an investigation by metro.co.uk. Samples were taken from the new machines that have been rolled out at restaurants across the country – every one of them had coliforms. Senior lecturer in microbiology at London Metropolitan University Dr Paul Matewele said: ‘We were … Read more
The White House is lining up a live stream. Soon to start…. Members of the Coronavirus Task Force Hold a Press Briefing
The unjustified Fed rate cut creates a massive risk aversion reaction. Desperate measures do not generate confidence. Investors perceive Fed knows something nasty about the economy if they decide to make a surprise cut when the macro, jobs and inflation data is “solid”. pic.twitter.com/pfSsTZr8ij — Daniel Lacalle (@dlacalle_IA) March 3, 2020 Bloody f*king hell! 😬#repo … Read more
by effvobis I just want to post some DD for people who think the beer virus is priced in. The fed holding the economy up like Atlas has given some of you bullcucks some false hope that stonks only go up. The coronavirus has just been proven to have the ability to invade the nervous … Read more
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
