The market was at 27,960 when chief White House economic advisor Larry Kudlow suggested that people “buy the dip.”

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The market was at 27,960 when chief White House economic advisor @larry_kudlow suggested that people “buy the dip.” Anyone who listened has lost 26% in 3 weeks. https://t.co/ikyJQNRpQG https://t.co/7sLcBYkkUp — Tim Miller (@Timodc) March 12, 2020 Anyone that listened to Kudlow has lost nearly 25% since then.   h/t builder

TWO CNNs IN ONE!

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● Shot: Don Lemon Goes Absolutely Insane on John Kasich for Refusing to Bash Trump’s Wuhan Virus Address. —Red State, today. ● Chaser: Tapper Fears Dem Voters Are ‘Bunch of Rachel Maddows and Chris Hayess.’ “Wonder why Tapper didn’t call Democratic voters ‘a bunch of Chris Cuomos and Don Lemons?’” —NewsBusters, yesterday. gee… who was president back then? h/t ED

Some big institution out there is getting margin called. Dealers are telling me they badly want the $1T in repos, but can’t take it.

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https://twitter.com/HedgeyeDDale/status/1238460537756946440 Dealers are telling me they badly want the $1T in repos, but can't take it. Post-crisis rules, among so many different regulators (Basel 3, Fed, OCC, FDIC, etc) make it nearly impossible for them to take the money. They are telling the Fed their problems. The Fed had no clue. — Jim Bianco (@biancoresearch) … Read more

As far as the stock market is concerned, the world’s publicly quoted companies are worth no more now than they were more than 12 years ago on Halloween 2007 just before the big selloff of the GFC.

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As far as the stock market is concerned, the world’s publicly quoted companies are worth no more now than they were more than 12 years ago on Halloween 2007 just before the big selloff of the GFC. @johnauthers https://t.co/D7oCTdEipG pic.twitter.com/vqJ7lFjsrK — Adam Tooze (@adam_tooze) March 13, 2020  

Someone finally connects the dots between market disruption & economics of disaster as Treasury Secretary is working with Pelosi on a pandemic bill for free testing, required sick pay & etc.

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by rhetorical_twix Maybe movement from leadership on some of these concerns will help with personal panic that might be showing up in the markets and might provide some relief to investors. The fact that it’s the Treasury Secretary working with Pelosi demonstrates that they do connect what’s happening in the market to some need for … Read more

Not Only Did Democrats Vote to Include Abortion Funds in the Stimulus, They Also…

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They also voted to not fund extra respirators for the sick. Democrats are demonic liars. Senate Democrats also voted against increasing access to medical respirators. Now why on earth would Democrats do that at the very same time that they are warning that people are going to die? Any guesses? https://t.co/L1kqH3fJF7 — Candace Owens (@RealCandaceO) … Read more

Predictions are hard. But here goes…

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by Simon Black We certainly live in extraordinary times. Even people who have been irrationally dismissive of the Corona pandemic up until this point finally had to wake up and smell reality yesterday. The NBA. Tom Hanks. European travel ban. Our human brains, while magnificent and inspiring, are also wired in bizarre ways. We’re filled with … Read more

Working from home full time (long term) is vastly overrated, it kills creative collaboration, and for many people it’s ultimately bad for mental health. The ideal workplace is half WFH, half in-person office

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by DontMicrowaveCats I’ve worked from home full time for over 3 years. I often laugh at all the ads I see promoting WFH full time as the ultimate dream. Or posts on Reddit talking about how shitty it is for employers to make them come into the office. Yea, it has plenty of perks. And … Read more

Reminder: Goldman Sachs analyst told investors to AVOID investing in cures for diseases because there’s much more profit in treating only symptoms

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As #coronavirus sweeps the globe, keep in mind a Goldman Sachs analyst told investors to AVOID investing in cures for diseases because there's much more profit in treating symptoms while the people remain sick. This is how capitalism works. pic.twitter.com/8CNmPoGAKX — Lee Camp [Redacted] (@LeeCamp) March 9, 2020  

150 MILLION AMERICANS COULD GET INFECTED

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Washington (AFP) – Between 70 to 150 million people in the United States could eventually be infected with the novel coronavirus, according to a projection shared with Congress, a lawmaker said Thursday. Congresswoman Rashida Tlaib made the remarks during a hearing of the House of Representatives with members of the president’s coronavirus task force, confirming … Read more

Tucker: There is lots of ROT in our halls of power: govt, courts, Justice/FBI/FISC, academia…ROGUE JUDGES ARE THE WORST.

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REALCLEARINVESTIGATIONS: Buried From Trump Tower Meeting: Translator’s Avowal to FBI of ‘No Collusion.’ It’s become pretty obvious that the entire Mueller investigation was a sham, and known to be a sham to its participants from the beginning. It was a political hit job, pure and simple.   WHEN DAYS COUNT, GOVERNMENT IS ONLY WEEKS AWAY: CDC admits … Read more

PRAGER-U: Fleeing California — For Texas

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Why are millions of people leaving California and moving to other states? What do those states have that California doesn’t? PragerU’s first mini-documentary explores the root causes of this mass exodus from the Golden State. “Fleeing California,” featuring PragerU’s own Will Witt, sheds light on one of the most significant but underreported stories of our … Read more

I think the situation in Iran is really awful.

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IRAN: NOTHING TO SEE HERE, MOVE ALONG: Coronavirus burial pits so vast they’re visible from space: Iranian authorities began digging a pair of trenches for victims just days after the government disclosed the initial outbreak. Together, their lengths are that of a football field. Two days after Iran declared its first cases of the novel coronavirus … Read more