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

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

America’s largest bank is going on lockdown.

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According to Bloomberg, JPMorgan is asking thousands of US-based employees to work from home in test of “virus contingency plan” for closing domestic offices should the coronavirus spread. As part of the test, managers have requested that about 10% of staff across its consumer bank work remotely as part of the plan’s resiliency testing, which … Read more

Judge orders Hillary Clinton to be deposed re: missing emails.

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by Mecanatron Woke up this morning to the news that a Washington DC judge has ordered the deposition of HC, in a judicial watch case, regarding the recovery of her missing emails. Story is running on all MSM including CNN (who I wont link to here). https://www.washingtontimes.com/news/2020/mar/2/hillary-clinton-be-deposed-lawsuit-over-emails-jud/ https://www.dailymail.co.uk/news/article-8067311/Hillary-Clinton-ordered-DEPOSED-secret-server-time.html https://www.upi.com/Top_News/US/2020/03/02/Federal-judge-allows-deposition-of-Hillary-Clinton-in-emails-lawsuit/1641583187524/  

538’s Projected Delegates for the 2020 Democrat Primary: Joe Biden: 1,738, Bernie Sanders: 1,363 –> Bernie Sanders Loses His Lead

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538’s Projected Delegates for the 2020 Democrat Primary: Joe Biden:         1,738 Bernie Sanders: 1,363 https://imgur.com/ru4mFLF https://projects.fivethirtyeight.com/2020-primary-forecast/?ex_cid=rrpromo Related: VIDEO: “How California will steal 553,000 votes from Bernie Sanders” (3 minutes & 40 seconds)   h/t dr0id

Jim Willie: Corona Virus And Global Reset Updates

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by Chris Marcus with Jim Willie via Arcadia Economics As the Corona virus continues to spread, I was fortunate to have Dr. Jim Willie of The Hat Trick Letter join me on the show to share what he’s seeing. In the interview he also gives an update on what’s happening with the global reset. And to discover the latest from the desk … Read more

South Korea: 5186 confirmed, 31 dead, 121039 tested

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by d-diderot South Korea Report: 5,186 Confirmed 31 Dead 34 Released from treatment 121,039 Total Tested 35,555 Awaiting test results 85,484 Tested Negative Yonhap News Source Source Based on March 3rd, 2020 0:00 KST numbers: Male: 37.6% (fatality rate 0.88%) Female: 62.4% (fatality rate 0.40%) Top 4 age group: 20-29: 29.4% 50-59: 19.8% 40-49: 14.8% 30-39: 12.0% Numbers reflect certain factors: Religious participants are mostly female Sect religious group … Read more

UAE CLOSING all SCHOOLS FOR 4 WEEKS

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See new Tweets Conversation Chuniya Chand Chaukhan Flag of India @5thVed #BREAKING: UAE closing all schools for at least 4 weeks due to #coronavirus #BREAKING: UAE closing all schools for at least 4 weeks due to #coronavirus — Chuniya Chand Chaukhan (@5thVed) March 3, 2020 #BREAKING: #UAE suspended schools for one month due to #coronavirus … Read more

IN 2020, HE’S NOT CRAZY ENOUGH FOR THEM: Chris Matthews resigns from MSNBC.

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Chris Matthews resigns from MSNBC. UPDATE: It’s really because he dissed Bernie. The rest is just window dressing. ANOTHER UPDATE: Chris Matthews, MSNBC’s Least Woke Host, Retires Amidst #MeToo Allegations. “The sudden resignation shows the punitive power of a #MeToo movement that has often failed to draw important distinctions between genuinely disturbing behavior and mere boorishness. Moreover, the other … Read more

AS A DEMOCRAT, HOW WRONG DO YOU HAVE TO BE TO HAVE AP POINTING IT OUT?

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Biden, Bloomberg ‘both wrong’ about Trump cutting CDC, NIH funding, AP fact check says. Watch the latest video at foxnews.com The Associated Press is calling out two leading Democratic presidential candidates for what the outlet says were inaccurate comments about the government’s ability to address diseases like the coronavirus. Former Vice President Joe Biden and former New York City Mayor Mike Bloomberg were … Read more

#1 Reason why China is hiding the numbers

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  -The economy – When those gazillion containers never make it to western countries… that will not help much -The fact that the virus is a bio-weapon – that’s now the most known secret in the world. most people assume this is the fact and no, hiding this will not help them much. The real … Read more