Spreading the truth. Empowering the people.
(by Half Dollar) Oh good grief. Just buy chicken! It’s not complicated people. At least, not if you read everybody’s favorite mainstream financial news website, Bloomberg (bold added for emphasis): Covid-19 is ripping through … Read more
Don’t feel too bad losing 98% on USO, Bank of China is a lurker too. Bank of China Ltd.’s estimate for the carnage to retail investors from the collapse in … Read more
It wasn't because of lack of warnings!!! Credit Suisse is telling clients of super-leveraged bullish oil ETF that they are going to lose all their investment | #OOTT pic.twitter.com/hqA5CqfcHJ — … Read more
This chart above of course confirms why equal weight never got anywhere near the October 2019 lows as $SPX just did last week. This is a market of 5 stocks. … Read more
CLOs made it through the financial crisis relatively unscathed Rapid pace of loan downgrades may mean this time is different As U.S. financial markets have rebounded feverishly this past month … Read more
Credit challenges becoming ‘more widespread and more acute’ Atlanta Fed chief urges governments, banks to provide support Federal Reserve Bank of Atlanta President Raphael Bostic said many U.S. businesses will … Read more
by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: A little surprisingly for Bloomberg News, John Authers notes today that the gold price shows that stock market … Read more
Michael Bloomberg’s short-lived presidential bid reignited a long-simmering dispute over the widespread use of nondisclosure agreements at American corporations — especially at his own. His namesake company, Bloomberg LP, has … Read more
Sellouts finally bite the hand that feeds them their talking points: archive.vn/xXvhW
EVERYONE on Bloomberg TV thinks this is the buy of a lifetime RIGHT NOW! It all over!!!! They are so bullish they even believe the Chinese don't lie.@FerroTV t.co/u5mdHHCBoE — … Read more
“A Federal Elections Commission complaint has been filed against former New York City mayor and 2020 presidential hopeful Mike Bloomberg for an $18 million transfer from his defunct campaign to … Read more
FRIEND OF THE WORKER: They were promised pay until November, no matter what. UPDATE: From the comments: “Dang, you’d think Mike Bloomberg would care about the little people.” Related: h/t GR
www.bloomberg.com/opinion/articles/2020-03-17/coronavirus-stock-crash-is-time-to-do-nothing-don-t-be-buffett-k7vef8o8?sref=5M6fXPU6 The following is an opinion piece posted on Bloomberg yesterday. The author, John Authers, essentially make an argument for investors to simply do nothing. Extreme situations create opportunities; they also offer … Read more
www.bloomberg.com/news/articles/2020-03-10/robinhood-maxed-out-credit-line-last-month-amid-market-tumult Robinhood drew its entire $200 million credit facility from Barclays Plc, Citigroup Inc. and JPMorgan Chase & Co., according to people familiar with the matter. It made the move … Read more
“Mini Mike,” as the president calls him, is funding an anti-Trump operation in six battleground states in an effort to oust Trump Bloomberg will dip into his vast fortune to … Read more
