Spreading the truth. Empowering the people.
by UPFINA The rating agencies often receive a lot of criticism for downgrading/upgrading businesses after a negative/positive catalyst occurred. This time is slightly different because COVID-19 was an unprecedented event; it’s … Read more
$SPY EPS ests are now falling at a rate greater than anything we have measured since the financial crisis of 2008.Stocks will bottom when the worst of the EPS est … Read more
via nbcnews Earth’s protective ozone layer is finally healing from damage caused by aerosol sprays and coolants, a new United Nations report said. The ozone layer had been thinning since the … Read more
As California continues its statewide shelter-in-place order in response to the spread of coronavirus, California governor Gavin Newsom stated that the daily number of unemployment insurance claims in the state … Read more
by Michael Snyder Just a few weeks ago everything seemed completely normal to most people, but now fear of the coronavirus has caused U.S. stock prices to absolutely implode. The … Read more
by UPFINA Economic activity is at a standstill. We must rely principally on alternative data to measure this because of how quickly the collapse in activity has occurred. An example of … Read more
by bigbear0083 I just stumbled across this during my weekend reads this afternoon and just thought it was worth sharing with all of you guys in here as well. Listed … Read more
by b_logan (Source): Yahoo Finance S&P 500 daily closing data (Tool): Tableau
The US economy has been slowing down and economists are predicting that a major economic collapse is coming. In a recent interview, Guggenheim’s Global CIO Scott Minerd said that the … Read more
Most batshit bullshit thing I’ve heard all day. WA nursing home is ending all #COVID19 tests claiming that it’s endemic, so just forget it and not try to test and … Read more
IIF cuts global GDP growth forecast to 1%, far below the 2.6% last year and the weakest since the global financial crisis. Revises China growth to just below 4.0% this … Read more
COVID-19 infects confidence The 2020 election Lofty valuations The bond market Recession fears www.marketwatch.com/story/here-are-5-reasons-the-stock-market-is-having-its-worst-decline-since-2008-and-only-one-of-them-is-the-coronavirus-2020-02-27
#recession … #Global #PMI #Forecast edition t.co/DAeKVUqoH8 — Invariant Perspective (@InvariantPersp1) February 29, 2020
by bigbear0083 Are we getting close to a capitulation move here yet? Oversold bounce incoming? Source Dow plunges deeper into correction territory, is now down 900 points Stocks fell sharply … Read more
