Spreading the truth. Empowering the people.
If you're hospitalized with COVID-19 and don't have insurance, you'll likely owe $73,000. One chart shows how broken the system is for the most vulnerable. t.co/GZGqAPWObF — Business Insider (@businessinsider) … Read more
This #COVID19 chart does NOT support a "back to work" order for the United States (from a scientific point of view) anytime soon. Wallstreet (and others) may disagree. h/t t.co/Jl3BxMKtIe … Read more
by Winter_Addition IMF expects the global shock from coronavirus to be significantly worse than the 2008 recession U.S. economy deteriorating faster than anticipated as 80 million Americans are forced … Read more
You’ve got to admire Musk for snookering true believers into buying $2 billion of new shares a month ago that are now down 52%. By Wolf Richter for WOLF STREET: First a little … Read more
by visualcapitalist During the onset of an economic crisis, national governments are thought to have two chief policy tools at their disposal: Fiscal Policy How the central government collects money through … Read more
by SpontaneousDisorder Its been another wild week and the fastest ever correction has turned into the fastest ever bear market. The Fed tried to unleash a liquidity bazooka but market players … Read more
by dev_thetromboneguy
Reasons to buy? Take the following with a grain of salt as I'm a bond guy, but I felt compelled to build a stock chart on how the GFC went … Read more
by WARREN MOSLER Another one of those brief moves up after the long slide seems to be reversing: The ISM Manufacturing PMI for the US declined to 50.1 in February … Read more
by radkshun This is what Communism for the 1% looks like thanks to Central Planning a la Karl Marx by The Federal Reserve.
BY PAUL While many investors and individuals are focused on the number of COVID-19 global laboratory-confirmed cases. One area that has been given little attention, is the trajectory of confirmed cases outside of … Read more
By Wolf Richter for WOLF STREET. Tesla’s shares spiked another 20% this morning, or by $160, to $940 a share. Every time I write a few words, I have to go back and … Read more
If there's evidence we're near the peak of the US equities bubble, this is it. pic.twitter.com/BemsPN55mk — Philip Soos (@PhilipSoos) February 4, 2020 This chart blows my mind! The US … Read more
The share of corporate taxes as % of Federal tax revenue has fallen to well below 10%! This is an amazing as well as a very disturbing chart! The share … Read more
by SpontaneousDisorder For those wondering about credit ratings. Cheat Sheet – Corporate Credit Rating Scales by Moody’s, S&P, and Fitch
by Michael Ballanger via Streetwise Reports It was one of those days that all sexagenarians loathe; you have to go to the doctor, and whether it’s the GP (general practitioner) or the dentist … Read more