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
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
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
https://www.youtube.com/watch?v=rvL8-H1HA6w
This is horrifying. This is what happens when consequences are only endured by victims of crime. — Charles Adams (@bigangrylaw) March 3, 2020
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
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
https://www.youtube.com/watch?v=fm3dnDSllqA Mar.03 — Former U.S. Treasury Secretary Larry Summers comments on the Federal Reserve’s emergency rate-cut decision on “Bloomberg Markets.” Mar 3, 2020 – 13:18:46 PST Fed Rate Cut Strains Central Bank Peers With Less Room to Follow The Federal Reserve’s decision to slash U.S. interest rates to contain the economic damage from the coronavirus … Read more
by ElephantSquad Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.
by mapi credit: Airbnb What does the Church of Scientology and Airbnb have in common? If you answered secret risk assessments and personality tests, then give yourself a gold star. If you have you rented an Airbnb in the past six years, the odds are pretty high that you have been given a secret risk assessment and personality score. … Read more
https://noqreport.com/2020/03/03/denver-…p-rallies/ The coronavirus is in the process of paralyzing much of the world as tens, perhaps hundreds of thousands of people have already been infected. The death toll continues to rise daily and Americans are getting very antsy as it dominates much of the news cycle. But a recent hideous trend on social media has … Read more
https://www.youtube.com/watch?v=wQ2nIuomOb4 Germany is the largest economy in Europe and it has been very pivotal to the success of the European Union. However, the German economic situation is taking a new shape as data being released is showing a looming economic collapse. The economy has been flopping for months and the manufacturing sector has been declining … Read more
https://www.youtube.com/watch?v=0k3KRJQXVaQ
Biden: ‘All Men And Women Created By… The Thing’ ABORT ABORT pic.twitter.com/BsLsn00ual — Timothy Burke (@bubbaprog) March 2, 2020 free free free pic.twitter.com/KpTCNAUAtX — Timothy Burke (@bubbaprog) March 2, 2020 I would appreciate those fans of Biden to post the video of him quoting the Declaration of Independence, Democrat syle. I don’t know how to … Read more
by lolux123 It seems some of you degenerates are taking the expected interest rate cuts at face value. I think it’s time for a lesson in Macroeconomics. Now to start. Of the four “tools” the FED uses to control the country’s economy, the federal funds rate seems to have the most tangible effect on the … Read more
The impact of the coronavirus on China's exports was so big, it broke our trade tracker model. The PMI sub-gauge of exports for February is literally off the charts.https://t.co/hmLeNhuxg8 by @mljamrisko, @ChloeWhiteaker & @cedricsam pic.twitter.com/1VE1dYRylA — Tracy Alloway (@tracyalloway) March 3, 2020 G-7 Super Tuesday tomorrow. Meanwhile in China: 10-yr real yield just reached its … Read more
Yields collapsing… Time to buy a house? At record lows, mortgage rates are still more than double 30-year yields. This ratio has never been higher. Last spike was during the worst of the ’08 meltdown. Consumers being squeezed again ahead of a recession. pic.twitter.com/MuDWVZqinA — Otavio (Tavi) Costa (@TaviCosta) March 2, 2020 US2Y yield is … Read more
by Pavel Mordasov via Mises On February 11, 2020, Federal Reserve chairman Jerome Powell delivered a semiannual report discussing the economy and laying out the good, the bad, and the precautions that the Fed must take in the event of a future economic downturn. Although Powell spoke on a lot of positive features that are occurring in the United … Read more
BY SRSROCCO The Fed injected a record amount of liquidity this morning via its Repo Market Operation to supply dealers in the interbank market. While investors may be reassured by the huge 1293 point rally on the Dow yesterday, the global contagion and its impact are just beginning. Don’t be surprised to see a 40-50% … Read more
