“If this doesn’t foretell a global recession & further big declines in equity prices, I don’t know what would, especially in view of Fed’s unexpected & large 50bps rate cut today,” Gary Shilling writes.

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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

A man dropping dead in Flushing NY

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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

Larry Summers: Fifty Basis Rate Cut, Fed is Running Out of Ammunition

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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

Denver City Communist encourages liberals to spread coronavirus at Trump rallies…

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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

Germany Is On The Verge Of Economic Collapse 2020 Euro CRASH !!

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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

The Wit and Wisdom of Joe Biden

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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

The impact of the coronavirus on China’s exports was so big, it broke our trade tracker model.

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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

Consumers being squeezed again ahead of a recession; US2Y yield is collapsing like it was 2007/2008; The selloff looks far from done.

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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

Is The Fed Ready For A Recession?

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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

FED REPO INJECTIONS HIT RECORD LEVEL: Global Contagion Negatively Impacting Financial Markets

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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

Coronavirus exposes weak pathetic world governments that incapacitated by a virus they knew was coming for 2 months: Canada, Iran, Egypt and Thailand.

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by themeanbeaver China has been battling Coronavirus and the rest of the world could see the measures they took to TRY to contain it. And We know with all that effort china’s numbers are way more than they report daily. So what does the rest of the stupid countries do? No screening, no mandatory isolation … Read more

23 members of Iran’s parliament have the Chinaman Flu

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Watch the latest video at foxnews.com Iran on Tuesday announced new measures to slow the spread of the new coronavirus and reported that the country has seen 2,336 cases and 77 deaths since the outbreak. An Iranian lawmaker reportedly has told colleagues to stop their contact with public as there are 23 cases of the new coronavirus among parliament members. … Read more