Investment Watch Blog

BOSTON (CBS) – Boston traffic is the worst in the country for the second year in a row, according to a new study. Transportation analytics company INRIX found that drivers in Boston lost 149 hours in 2019 due to traffic congestion. That’s more than six days, making it the worst in the U.S. The good news … Read more

Direxion releases a letter opposing alarming new proposed SEC restrictions on leveraged ETFs. https://materials.proxyvote.com/Approved/MC3609/20200228/SHLTR_418970.PDF “The proposed regulations, if adopted by the SEC, will require you to provide extensive financial and personal information to your brokerage firm or financial advisor who, after review and evaluation of your financial and personal information, will decide for you whether … Read more

American: American to slash domestic, international flights as coronavirus hurts demand https://www.cnbc.com/2020/03/10/american-to-slash-domestic-international-flights-as-coronavirus-hurts-demand.html Delta: Delta makes deep flight cuts as coronavirus hurts demand, CEO expects it to get worse https://www.cnbc.com/2020/03/10/delta-makes-deep-flight-cuts-as-coronavirus-hurts-demand-ceo-expects-it-to-get-worse.html

https://twitter.com/Kyruer/status/1237175135754485760

If in 2008 subprime mortage loans blown up the world, more and more shale oil debt might blow up the current banking sector in US. — GregTheAnalyst (@Analyst_G) March 10, 2020 Coronavirus Exposes Danger of Corporate America’s Debt Binge: Bloomberg The coronavirus is threatening to expose the Achilles heel of the U.S. economy: heavily leveraged … Read more

by John Mauldin The Federal Reserve cut rates last week, after President Trump tweeted that he wanted a “big” interest-rate cut “to make up for China’s coronavirus situation and slowdown.” Bond traders see more cuts coming. Maybe so, but the problem began in China. That’s where the solution will have to begin, too. Last month, China … Read more

by toxicmarkets1 #7. Financial Market Regulators have been in Wall Street’s pocket for longer than anyone can remember. https://www.npr.org/templates/story/story.php?storyId=124208012 #6. Financial Behemoth Bankruptcies ( i.e. Lehman Bros, Bear Stearns, LTCM, Kidder, AIG) https://libertystreeteconomics.newyorkfed.org/2019/01/creditor-recovery-in-lehmans-bankruptcy.html #5. US Treasuries and the current debt levels relative to our gross national product. https://en.wikipedia.org/wiki/National_debt_of_the_United_States #4. The incompetence of our current administration. … Read more

by philmacrack123 https://www.google.com/amp/s/amp.ft.com/content/a6239e12-5ec7-11ea-b0ab-339c2307bcd4 Pandemic bonds. These expire July 15th, 2020. If expiry is reached without a pandemic they pay out 7% a year for time held. If pandemic happens they expire worthless. I guarantee $DB is leveraged to the tits with their $44T in derivative exposure like a bunch of fucking retards thinking they Hoodwinked … Read more

Energy titan Saudi Aramco said Tuesday it will boost its supply of crude oil to 12.3 million barrels per day in April, flooding markets as it escalates a price war with Russia. “Saudi Aramco announces that it will provide its customers with 12.3 million barrels per day of crude oil in April,” the company said … Read more

Here’s close-up footage of the scrum at Biden’s Detroit event, when Green New Deal protesters interrupted his speech At some point Biden’s senior adviser/head of security ⁦@SymoneDSanders⁩ entered the fray and got knocked down; you can see a cop helping her up at 1:45 mark pic.twitter.com/YkYYP4fscO — Tim Alberta (@TimAlberta) March 10, 2020

  Payments on mortgages will be suspended across the whole of Italy after the coronavirus outbreak, according to Italy’s deputy economy minister. pic.twitter.com/uto4LZAWgT — Guido Fawkes (@GuidoFawkes) March 10, 2020 Coronavirus: Italy suspends mortgage payments amid lockdown(independent.co.uk) Payments on mortgages will be suspended across the whole of Italy after the coronavirus outbreak, according to Italy’s … Read more

By Nick Cunningham It’s one for the history books. Oil opened on Monday down roughly 25 percent, the sharpest decline in decades, and broader financial markets fell so precipitously that the circuit breakers put in place during times of volatility tripped, temporarily halting trading. The list of adjectives available to describe what is happening to the … Read more

via washingtonexaminer: Hillary Clinton has descended into full-blown anti-Facebook paranoia, claiming this weekend that the popular social media site has “aided and abetted” its takeover by the “right-wing echo chamber.” It is funny because she had no problem with Facebook in 2016, back when her failed campaign was mining its user data. Clinton certainly had little to … Read more

by Jim Rickards via Daily Reckoning Last July I was in Bretton Woods, New Hampshire, along with a host of monetary elites, to commemorate the 75th anniversary of the Bretton Woods conference that established the post-WWII international monetary system. But I wasn’t just there to commemorate  the past —I was there to seek insight into the future of … Read more