investmentwatchblog--2020-05-26--RUSH: The Democrats are just hoping that there’s gonna be a second outbreak somewhere where they can

RUSH: The Democrats are just hoping that there’s gonna be a second outbreak somewhere where they can then lead the charge for a second shutdown.

RUSH : There ’ s some fascinating stories about what the Democrats are scared to death of .
One of them is in Politico .
They ’ re scared to death of the economics , could happen in the third quarter leading right up to the reelection .
RUSH : Now , look , I mentioned a couple of stories that have the Democrats in abject panic , and here are two of them .
Both of them are in Politico , and the first one is by Ryan Lizza and Daniel Lippman .
The headline : “ The General @ @ @ @ @ @ @ They ’ re hoping for a second outbreak .
I guarantee , if you read this — and I ’ m gon na read excerpts , pull quotes — they are hoping for a second outbreak .
They think that ’ s the only thing that ’ s gon na cut down and stop an economic recovery , and an economic recovery is gon na happen .
Did you see all these people out over the weekend who said , “ To hell with it ” ?
And they ’ re not stupid @ @ @ @ @ @ @ this coronavirus are happening in nursing homes among people of that age-group .
It is stunning .
Also , the CDC is… You know , we ’ re learning more and more .
The death/mortality rate is coming down .
It ’ s still a little higher than the flu , but it ’ s nowhere near what the original predictions were .
So the left , the Democrats are just hoping that there ’ s gon na be a second outbreak somewhere where they can then lead the charge for a second @ @ @ @ @ @ @ piece — I think in American Greatness — where she prepares everybody with various points , bullet points and so forth to reject a second shutdown because you know it ’ s coming .
“ The General Election Scenario That Democrats Are Dreading ” is this .
Some guy named Furman , who is a former top economic adviser to Obama , is quoted in this piece as saying , “ We are about to see the best economic data we ’ ve seen in the history of this country.
” And he @ @ @ @ @ @ @ , which starts in July .
February , March… ( muttering ) Yep , July .
July , August , September .
And then the fourth quarter leading into the election .
And one of the reasons they ’ re afraid is it can ’ t go anywhere .
It ’ s bottomed out !
They have taken us to Great Depression levels .
It can ’ t do anything but rebound , and they are scared to death .
Trump ’ s done this once .
They are scared to death that @ @ @ @ @ @ @ very rapid clip .
The next Politico story… This is just… ( Snort ! )
You tell me .
The Democrats are warning that if Trump loses in November , that he ’ s going to take steps to undermine the results .
He ’ s going to take steps to make sure that the election results are overturned if he loses — and this entire story does not have one mention of Russia in it .
It does not have one mention of Democrats in it .
It does not have one @ @ @ @ @ @ @ t have one mention of the investigation .
These are the people that did it !
People at Politico were willing participants .
The media were willing participants , who participated in this phony investigation .
I don ’ t even… It ’ s not a hoax .
It was an attempted silent coup .
They attempted to overturn the election results of 2016 .
They ’ ve got a story that is written in such a way that it ’ s never happened .
( paraphrased ) “ Nobody ’ s ever @ @ @ @ @ @ @ s gon na be the first .
He ’ s so rotten , he ’ s so mean , he ’ s so nihilistic , he ’ s so selfish , he ’ s gon na try to overturn the election results if he loses !
” We ’ ve just gone through four years of people trying to do that , and they ’ re still trying to do it .
Van Gordon Sauter .
Anybody know the name Van Gordon Sauter ?
( interruption ) Mr. Snerdley knows who he is @ @ @ @ @ @ @ this matters ) was at one time ( and he may still be ) married to one of Jerry Brown ’ s sisters , Kathleen Brown , I think .
Van Gordon Sauter used to run CBS News for two different periods of time , short periods of time in the eighties , both times .
And when he ran CBS News , he had a great reputation , was considered one of the hot-to-trot news executives in all of American newsdom .
I have had interactions with Van Gordon Sauter .
If @ @ @ @ @ @ @ remember the ill-fated show that I guest hosted for Pat Sajak , it was Van Gordon Sauter who produced it .
At any rate , Van Gordon Sauter is saying ( summarized ) , “ You know what ?
The media may just as well admit it .
They lean to the left .
You can ’ t put the genie back in the bottle .
This pretense of objective , you ’ re never gon na pull it off .
They ’ ve got too much money invested in anti-Trump , too @ @ @ @ @ @ @ Just go ahead and admit it , ” ( laughs ) as though he just now realized that they “ lean to the left.
” They are all in .
The media is the de facto leadership .
The media , the professoriate ( journalism professors ) , they are the leaders in all this .
Anyway , it ’ s fascinating to watch these people on the left ( particularly in news ) try to explain their predicament , because they have just stood every journalistic principles they grew up learning and @ @ @ @ @ @ @ or four years .
RUSH : Here ’ s Pat in Las Cruces , New Mexico .
Great to have you on the program .
Glad you waited .
I appreciate that .
Hi .
CALLER : Hi .
What a miracle to talk to you .
I just had to call you and say what a blessing you and President Trump and Kathryn are to our country .
I ’ m 82 years old and in pretty good shape .
I ride my bike every day .
I ’ ve been accused @ @ @ @ @ @ @ So I listen to the radio .
I read the paper .
No TV for me .
All you get is lies .
RUSH : Did you say no TV for you ?
You mean no TV news ?
RUSH : Like you don ’ t even watch The Walking Dead ?
CALLER : No .
I don ’ t even know what all that stuff is , and I ’ ll tell you , I read the paper , the local ones — whether they ’ re liberal or conservative — but @ @ @ @ @ @ @ And if you want the timeline on COVID-19 , on Flynn , and a little bit of Conrad Black , that ’ s the place to look .
My husband and I , when Trump first started running , the first rally in El Paso , Texas… We ’ re a half hour from there .
We went down a little late , but the lies they told about that .
There were 30,000 people for Trump , Spanish-Americans — RUSH : Yeah .
You know what ?
They ’ re trying to @ @ @ @ @ @ @ That is one of the reasons for the ongoing lockdown and shutdown and why they hope there ’ s a second wave , and I find this fascinating too , because all during the 2016 campaign , the Democrats are out there saying of these rallies , “ Ah , that doesn ’ t mean anything .
You can ’ t gauge popularity or votes from crowd size at a rally , ” you know , while Hillary had 200 people .
She didn ’ t even know where she was at her @ @ @ @ @ @ @ her on the bus after one of her rallies .
She couldn ’ t even go up three steps to get on the bus .
Meanwhile , here ’ s Trump out there with 30,000 , 25,000 , 15,000 , depending on the size of the venue , and they ’ re all out there saying , “ That doesn ’ t matter .
It ’ s just a bunch of deplorables showing up .
It ’ s a bunch of racist , sexist , bigots , whatever.
” Now ?
Oh , @ @ @ @ @ @ @ So now they ’ re trying to limit the rallies .
If you doubt me , don ’ t doubt me ’ cause I ’ m telling you , folks : One of the reasons the Democrats and their buddies in the health and medical fields are trying to warn everybody , “ Don ’ t go out there and start socializing !
Maintain social distance , ” is they do not want these Trump rallies .
So you know what ’ s happening ?
The people who would normally go to Trump @ @ @ @ @ @ @ Trump .
A bunch of voters are doing parades are various lakes and waterways all over the country .
There was one here in Florida about three weeks ago .
Trump supporters are attending rallies .
The only thing is , Trump isn ’ t at them .
But they ’ re not gon na be stopped .
They will not be shut down or locked down .
It ’ s an amazing thing to see .
It really is .
When you stop and look at this stuff seriously , intellectually — @ @ @ @ @ @ @ doing to stop Donald Trump — almost all of it requires things that are negative for the country at large as well .
That ’ s , to me , a sign of how overwhelming successful the Trump economic agenda has been .
It would be one thing if all they had to do was stop Trump here or there .
They ’ ve got to stop the country , because Trump is so closely tied with record low African-American unemployment , record low Hispanic unemployment , record high labor force participation rate @ @ @ @ @ @ @ wage gains .
Trump did all this in three years , after an eight-year administration of Obama telling us the good old days are over and that there ’ s a new norm now , and the new norm is to be administered by Obama .
It ’ s a new era of decline that only we can manage , he said — and three years after Obama splits the scene , we have a roaring economy .
We have the return of manufacturing jobs that Obama swore up and down could not @ @ @ @ @ @ @ the Democrats , if they want to stop Trump , have to also stop the country or retard its progress or slow it down .

via rushlimbaugh
RUSH: There’s some fascinating stories about what the Democrats are scared to death of. One of them is in Politico. They’re scared to death of the economics, could happen in the third quarter leading right up to the reelection.
BREAK TRANSCRIPT
RUSH: Now, look, I mentioned a couple of stories that have the Democrats in abject panic, and here are two of them. Both of them are in Politico, and the first one is by Ryan Lizza and Daniel Lippman. The headline: “The General Election Scenario That Democrats Are Dreading.” They’re hoping for a second outbreak. I guarantee, if you read this — and I’m gonna read excerpts, pull quotes — they are hoping for a second outbreak.
They think that’s the only thing that’s gonna cut down and stop an economic recovery, and an economic recovery is gonna happen. Did you see all these people out over the weekend who said, “To hell with it”? And they’re not stupid. The vast majority of deaths from this coronavirus are happening in nursing homes among people of that age-group. It is stunning.
Also, the CDC is… You know, we’re learning more and more. The death/mortality rate is coming down. It’s still a little higher than the flu, but it’s nowhere near what the original predictions were. So the left, the Democrats are just hoping that there’s gonna be a second outbreak somewhere where they can then lead the charge for a second shutdown.
Heather Mac Donald has a piece — I think in American Greatness — where she prepares everybody with various points, bullet points and so forth to reject a second shutdown because you know it’s coming. “The General Election Scenario That Democrats Are Dreading” is this. Some guy named Furman, who is a former top economic adviser to Obama, is quoted in this piece as saying, “We are about to see the best economic data we’ve seen in the history of this country.”
And he’s talking about the third quarter, which starts in July. February, March… (muttering) Yep, July. July, August, September. And then the fourth quarter leading into the election. And one of the reasons they’re afraid is it can’t go anywhere. It’s bottomed out! They have taken us to Great Depression levels. It can’t do anything but rebound, and they are scared to death.
Trump’s done this once. They are scared to death that the rebound is gonna be at very rapid clip. The next Politico story… This is just… (Snort!) You tell me. The Democrats are warning that if Trump loses in November, that he’s going to take steps to undermine the results. He’s going to take steps to make sure that the election results are overturned if he loses — and this entire story does not have one mention of Russia in it.
It does not have one mention of Democrats in it. It does not have one mention of Mueller. It doesn’t have one mention of the investigation. These are the people that did it! People at Politico were willing participants. The media were willing participants, who participated in this phony investigation. I don’t even… It’s not a hoax. It was an attempted silent coup.
They attempted to overturn the election results of 2016. They’ve got a story that is written in such a way that it’s never happened. (paraphrased) “Nobody’s ever done anything like this. Trump’s gonna be the first. He’s so rotten, he’s so mean, he’s so nihilistic, he’s so selfish, he’s gonna try to overturn the election results if he loses!” We’ve just gone through four years of people trying to do that, and they’re still trying to do it.
They’re losing it.
They’re panicking.
Van Gordon Sauter. Anybody know the name Van Gordon Sauter? (interruption) Mr. Snerdley knows who he is. Van Gordon Sauter (not that this matters) was at one time (and he may still be) married to one of Jerry Brown’s sisters, Kathleen Brown, I think. Van Gordon Sauter used to run CBS News for two different periods of time, short periods of time in the eighties, both times.
And when he ran CBS News, he had a great reputation, was considered one of the hot-to-trot news executives in all of American newsdom. I have had interactions with Van Gordon Sauter. If any of you out there happen to remember the ill-fated show that I guest hosted for Pat Sajak, it was Van Gordon Sauter who produced it.
At any rate, Van Gordon Sauter is saying (summarized), “You know what? The media may just as well admit it. They lean to the left. You can’t put the genie back in the bottle. This pretense of objective, you’re never gonna pull it off. They’ve got too much money invested in anti-Trump, too much money invested in being liberal. Just go ahead and admit it,” (laughs) as though he just now realized that they “lean to the left.”
They don’t “lean” anywhere!
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They are all in.
The media is the de facto leadership. The media, the professoriate (journalism professors), they are the leaders in all this. Anyway, it’s fascinating to watch these people on the left (particularly in news) try to explain their predicament, because they have just stood every journalistic principles they grew up learning and practicing on its head the last three or four years.
BREAK TRANSCRIPT
RUSH: Here’s Pat in Las Cruces, New Mexico. Great to have you on the program. Glad you waited. I appreciate that. Hi.
CALLER: Hi. What a miracle to talk to you. I just had to call you and say what a blessing you and President Trump and Kathryn are to our country. I’m 82 years old and in pretty good shape. I ride my bike every day. I’ve been accused of having too much common sense. So I listen to the radio. I read the paper. No TV for me. All you get is lies.
RUSH: Did you say no TV for you? You mean no TV news?
CALLER: No TV, period.
RUSH: No TV, period!
CALLER: No. No.
RUSH: Like you don’t even watch The Walking Dead?
CALLER: No. I don’t even know what all that stuff is, and I’ll tell you, I read the paper, the local ones — whether they’re liberal or conservative — but I got subscription to Epoch Times. And if you want the timeline on COVID-19, on Flynn, and a little bit of Conrad Black, that’s the place to look. My husband and I, when Trump first started running, the first rally in El Paso, Texas… We’re a half hour from there. We went down a little late, but the lies they told about that. There were 30,000 people for Trump, Spanish-Americans —
RUSH: Yeah. You know what? They’re trying to stop those rallies from ever resuming. That is one of the reasons for the ongoing lockdown and shutdown and why they hope there’s a second wave, and I find this fascinating too, because all during the 2016 campaign, the Democrats are out there saying of these rallies, “Ah, that doesn’t mean anything. You can’t gauge popularity or votes from crowd size at a rally,” you know, while Hillary had 200 people.
She didn’t even know where she was at her rallies. They couldn’t get her on the bus after one of her rallies. She couldn’t even go up three steps to get on the bus. Meanwhile, here’s Trump out there with 30,000, 25,000, 15,000, depending on the size of the venue, and they’re all out there saying, “That doesn’t matter. It’s just a bunch of deplorables showing up. It’s a bunch of racist, sexist, bigots, whatever.” Now? Oh, now do they know the truth! So now they’re trying to limit the rallies.
If you doubt me, don’t doubt me ’cause I’m telling you, folks: One of the reasons the Democrats and their buddies in the health and medical fields are trying to warn everybody, “Don’t go out there and start socializing! Maintain social distance,” is they do not want these Trump rallies. So you know what’s happening? The people who would normally go to Trump rallies are going to them — without Trump. A bunch of voters are doing parades are various lakes and waterways all over the country.
There was one here in Florida about three weeks ago. Trump supporters are attending rallies. The only thing is, Trump isn’t at them. But they’re not gonna be stopped. They will not be shut down or locked down. It’s an amazing thing to see. It really is. When you stop and look at this stuff seriously, intellectually — you look at all the Democrats are doing to stop Donald Trump — almost all of it requires things that are negative for the country at large as well.
That’s, to me, a sign of how overwhelming successful the Trump economic agenda has been. It would be one thing if all they had to do was stop Trump here or there. They’ve got to stop the country, because Trump is so closely tied with record low African-American unemployment, record low Hispanic unemployment, record high labor force participation rate, record high employment, record high wage gains.
Trump did all this in three years, after an eight-year administration of Obama telling us the good old days are over and that there’s a new norm now, and the new norm is to be administered by Obama. It’s a new era of decline that only we can manage, he said — and three years after Obama splits the scene, we have a roaring economy. We have the return of manufacturing jobs that Obama swore up and down could not return, and they did. So the Democrats, if they want to stop Trump, have to also stop the country or retard its progress or slow it down.


investmentwatchblog--2020-05-26--Journalists Demand A Council Review Trump’s Tweets And Purge The Naughty Ones, Karen Culture Is Real

What ’ s ridiculous is most sane people aren ’ t even on twitter .

What’s ridiculous is most sane people aren’t even on twitter.
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investmentwatchblog--2020-05-26--This Memorial Day let us remember that all wars are banker’s wars

All the brave souls sent to their grave over false pretenses .
Godspeed to all of the work being put @ @ @ @ @ .

by AbominableAnon
All the brave souls sent to their grave over false pretenses. Godspeed to all of the work being put in to end this tragedy.
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All Wars Are Bankers’ Wars – Featured Documentary
more info from whatreallyhappened.com


investmentwatchblog--2020-05-26--Thanks to Central Banks, the Market Is On Fire… But Inflation Comes Next

The S & P 500 broke above 3,000 over the weekend .
The market looks to have definitively broken out of the channel of the last month and is now starting its next leg up .
In the larger picture , stocks have now staged several closes above the 61.8 % retracement level of the March meltdown .
Historically , a move such as this has indicated that the rally is no longer a bear market bounce but is start of a new bull market .
And why wouldn ’ t they ?
Central banks have pumped $ 4 trillion @ @ @ @ @ @ @ of the last two months .
To put that into perspective , it ’ s nearly as large as the GDP of JAPAN… and represents a greater monetary intervention than the one global central banks employed during the 2008 Financial Crisis !
This is great news for stocks , but BAD news for the world… Because money printing doesn ’ t create jobs or economic growth .
All if does is keep the system afloat , while potentially unleashing a tsunami of inflation .
This is why silver , gold and other inflation @ @ @ @ @ @ @ KNOW big inflation is coming .
Both gold and silver are UP year to date .
Stocks remain down 10 % … and that ’ s after one of their sharpest rallies in history !
If you want to make REAL money from your investments , this is where you need to be looking right now .

Stocks are exploding higher!
The S&P 500 broke above 3,000 over the weekend. The market looks to have definitively broken out of the channel of the last month and is now starting its next leg up.
In the larger picture, stocks have now staged several closes above the 61.8% retracement level of the March meltdown. Historically, a move such as this has indicated that the rally is no longer a bear market bounce but is start of a new bull market.
And why wouldn’t they?
Central banks have pumped $4 trillion into the financial system over the course of the last two months.
We are primarily funded by readers. Please subscribe and donate to support us!
To put that into perspective, it’s nearly as large as the GDP of JAPAN… and represents a greater monetary intervention than the one global central banks employed during the 2008 Financial Crisis!
This is great news for stocks, but BAD news for the world… Because money printing doesn’t create jobs or economic growth. All if does is keep the system afloat, while potentially unleashing a tsunami of inflation.
This is why silver, gold and other inflation hedges are rapidly outperforming stocks. They KNOW big inflation is coming.
Both gold and silver are UP year to date. Stocks remain down 10%… and that’s after one of their sharpest rallies in history!
If you want to make REAL money from your investments, this is where you need to be looking right now.


investmentwatchblog--2020-05-26--Nextdoor Helps Spread Neighborhood Snitching By Showering Law Enforcement With Gifts

Community platform Nextdoor is going to great lengths to become the go-to platform to snitch on your neighbors .
According to a CityLab article , Nextdoor is showering law enforcement with all-expenses paid vacations to their headquarters in San Francisco , California all in an effort to gain law enforcement acceptance and put police on Public Agency Advisory Councils .
At a time when most Americans are concerned with just surviving the COVID-19 pandemic , Nextdoor views it as an opportunity to influence law enforcement and local politics .
“ As part of the chosen group , he would be @ @ @ @ @ @ @ s Day , along with seven other community engagement staffers from police departments and city offices across the country .
Over two days , they ’ d meet at Nextdoor ’ s headquarters to discuss the social network ’ s public agency strategy .
Together , the plan was , they ’ d stay at the Hilton Union Square , eat and drink at Cultivar , share a tour of Chinatown , and receive matching Uniqlo jackets .
All costs — a projected $ 16,900 for the group , according to a schedule @ @ @ @ @ @ @ Nextdoor.
” Exactly what Nextdoor includes in their law enforcement paid vacations is protected by a corporate non-disclosure agreement .
But you can be sure it isn ’ t just a trip to their headquarters .
Nextdoor ’ s excuse for influencing law enforcement and advisory councils is to allegedly “ help [ public agency ] partners to share their expertise and experiences with each other and our product development team.
” If you look past Nextdoor ’ s lame excuse to shower law enforcement with gifts , you see the real reason @ @ @ @ @ @ @ article goes on to say that Nextdoor ’ s plan is to shamelessly follow in Amazon Ring ’ s footsteps by cozing up to law enforcement and influencing government officials .
Nextdoors goal is “ to earn the trust of more public agencies , and to eventually pitch a paid version of the app.
” The real reason Nextdoor is schmoozing with law enforcement and influencing advisory councils is to make them more profitable than the $ 2.1 billion dollars they are currently worth .
As Slate revealed , Nextdoor is more than @ @ @ @ @ @ @ snitch on each other for not social distancing .
Social distancing complaints on the rise during pandemic A recent WCPO 9 article revealed that since the COVID-19 outbreak , social distancing complaints on Nextdoor and to the police have skyrocketed .
“ I wish I could say everything was warm and fuzzy , but that would be lying , ” Jenn Takahashi , the proprietor of the Twitter account @ BestofNextdoor said .
It ’ s not so much that people are being better or worse than usual ; it ’ s more @ @ @ @ @ @ @ police others , and so this persists even—especially ?
—in times of crisis .
The Chicago Tribune reports that neighbors are using Nextdoor to snitch on each other “ with a sense of duty.
” Rewire.org said , the snitch or “ call-out culture is based in rage and there is no empathy involved.
” The article further explained that neighbors attempted to justify snitching on each other by saying they are the call-in culture .
It does not matter what people refer to it by .
Snitching , calling out your neighbor @ @ @ @ @ @ @ communities , while Big Tech worries about who will become the next multi-billion dollar company .
Finding a cure for COVID-19 should not be entrusted to Apple-Google , Amazon , Nextdoor , DoorDash , Clear Biometrics , or any other Big Tech corporations whose only interest lies in making their shareholders more money .

by mapi
Community platform Nextdoor is going to great lengths to become the go-to platform to snitch on your neighbors.
According to a CityLab article, Nextdoor is showering law enforcement with all-expenses paid vacations to their headquarters in San Francisco, California all in an effort to gain law enforcement acceptance and put police on Public Agency Advisory Councils.
“Charles Husted, the chief of police in Sedona, Arizona, couldn’t contain his excitement. He had just been accepted into the Public Agencies Advisory Council for Nextdoor, the neighborhood social networking app.”
At a time when most Americans are concerned with just surviving the COVID-19 pandemic, Nextdoor views it as an opportunity to influence law enforcement and local politics.
“As part of the chosen group, he would be flown to San Francisco on President’s Day, along with seven other community engagement staffers from police departments and city offices across the country. Over two days, they’d meet at Nextdoor’s headquarters to discuss the social network’s public agency strategy. Together, the plan was, they’d stay at the Hilton Union Square, eat and drink at Cultivar, share a tour of Chinatown, and receive matching Uniqlo jackets. All costs — a projected $16,900 for the group, according to a schedule sent to participants — were covered by Nextdoor.”
Exactly what Nextdoor includes in their law enforcement paid vacations is protected by a corporate non-disclosure agreement. But you can be sure it isn’t just a trip to their headquarters.
Nextdoor’s excuse for influencing law enforcement and advisory councils is to allegedly “help [public agency] partners to share their expertise and experiences with each other and our product development team.”
If you look past Nextdoor’s lame excuse to shower law enforcement with gifts, you see the real reason behind what they are doing.
“Since the Covid-19 crisis began in the U.S. at the beginning of March, Nextdoor says the volume of posts by public agencies has tripled. Along with his daily press conferences, New York Governor Andrew Cuomo has been posting occasionally on the site as part of Nextdoor’s new partnership with the National Governors Association.”
The article goes on to say that Nextdoor’s plan is to shamelessly follow in Amazon Ring’s footsteps by cozing up to law enforcement and influencing government officials. Nextdoors goal is “to earn the trust of more public agencies, and to eventually pitch a paid version of the app.”
We are primarily funded by readers. Please subscribe and donate to support us!
The real reason Nextdoor is schmoozing with law enforcement and influencing advisory councils is to make them more profitable than the $2.1 billion dollars they are currently worth.
As Slate revealed, Nextdoor is more than happy Americans are using their platform to snitch on each other for not social distancing.
“If there are kids outside, getting more than adequate exercise time, and basically goofing around,” a concerned Nextdoor user in Cherry Hill Village, Michigan, asked in a recent post on the hyperlocal social network, “is there something that can be done?”
Social distancing complaints on the rise during pandemic
A recent WCPO 9 article revealed that since the COVID-19 outbreak, social distancing complaints on Nextdoor and to the police have skyrocketed.
“I wish I could say everything was warm and fuzzy, but that would be lying,” Jenn Takahashi, the proprietor of the Twitter account @BestofNextdoor said. It’s not so much that people are being better or worse than usual; it’s more that human nature is to judge and police others, and so this persists even—especially?—in times of crisis.
The Chicago Tribune reports that neighbors are using Nextdoor to snitch on each other “with a sense of duty.” Rewire.org said, the snitch or “call-out culture is based in rage and there is no empathy involved.”
The article further explained that neighbors attempted to justify snitching on each other by saying they are the call-in culture.
“Calling-in is when you express concern about what someone is saying but you do it in as respectful a fashion as you can,” activist Loretta Tomes said.
It does not matter what people refer to it by. Snitching, calling out your neighbor or calling-in only sows distrust in our communities, while Big Tech worries about who will become the next multi-billion dollar company.
Finding a cure for COVID-19 should not be entrusted to Apple-Google, Amazon, Nextdoor, DoorDash, Clear Biometrics, or any other Big Tech corporations whose only interest lies in making their shareholders more money.


investmentwatchblog--2020-05-26--Trump (Who Says He Doesn’t Watch The Stock Market) Pumps The Dow And S&P Today While Proclaiming “Tr

Trump (Who Says He Doesn’t Watch The Stock Market) Pumps The Dow And S&P Today While Proclaiming “Transition to Greatness has started”

( by Half Dollar ) You may not know this , but Trump actually said he doesn ’ t watch @ @ @ @ @ if we disregard the thousands upon thousands of times he ’ s talked or Tweeted @ @ @ @ @ then I guess that ’ s true .
Regardless , I guess I ’ ve @ @ @ @ @ mad again , because while I ’ d rather not write one single phrase about @ @ @ @ @ talking about the markets again .
Time zone differences aside , our President has such @ @ @ @ @ direction :

(by Half Dollar) You may not know this, but Trump actually said he doesn’t watch the stock market:
And if we disregard the thousands upon thousands of times he’s talked or Tweeted about the stock market, then I guess that’s true.
Regardless, I guess I’ve gotta make some people mad again, because while I’d rather not write one single phrase about our President, he is talking about the markets again.
Moments ago:
Stock Market up BIG, DOW crosses 25,000. S&P 500 over 3000. States should open up ASAP. The Transition to Greatness has started, ahead of schedule. There will be ups and downs, but next year will be one of the best ever! — Donald J. Trump (@realDonaldTrump) May 26, 2020
Time zone differences aside, our President has such great insight to specific market direction:
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Meh.
Probably nothing.
Either way, Enjoy America!
Trump’s words, not mine:
Developing…


investmentwatchblog--2020-05-26--Dr. Fauci has finally admitted — this happened back on Friday — that the lockdown might do “irrepara

RUSH : Dr. Fauci… Dr. Fauci has finally admitted — this happened back on Friday — that the lockdown might do “ irreparable damage , ” something I opined on , something I told you two weeks into this .
Dr. Fauci , up until last Friday , was dead set against any opening .
Now , what happened ?
What made Dr. Fauci… ?
I mean , this is not just changing his mind .
This is a drastic misdirection of opinion .
Big , big time change .
RUSH : Okay , here ’ s the Dr. Fauci @ @ @ @ @ @ @ .
He was on CBS ’ Fast Money Halftime Report .
Cohost Scott Wapner , talking to Dr. Fauci , said , “ How do you address what others have said , that it is just time to open the country now .
It ’ s time to protect just the most vulnerable ?
” FAUCI : We certainly want — in a cautious way — reopening .
We can ’ t stay locked down for such a considerable period of time that you might do irreparable damage and have unintended consequences , @ @ @ @ @ @ @ ’ s for that reason why the guidelines are being put forth so that the states and the cities can start to reenter and reopen .
RUSH : All right .
I ’ m genuinely curious .
Do you know what changed for Dr. Fauci ?
‘ Cause , folks… ( interruption ) What was it ?
( interruption ) Okay .
So you think that Dr. Fauci has been forced into revising his opinion because the states have reopened and everything is fine , and Dr. Fauci will look like an idiot @ @ @ @ @ @ @ ?
That is your theory ?
( interruption ) Well , I guess we can go with it .
Now , don ’ t misunderstand , folks , but I have been saying this exact thing since two weeks into the shutdown .
Now , don ’ t misunderstand .
I know that the Drive-By Media is never gon na treat me as the oracle they treat Dr. Fauci .
The media is gon na sit around and wait for me to do what they think is step in it examine then report @ @ @ @ @ @ @ .
Dr. Fauci says it ’ s okay to open .
Lockdown might do irreparable damage !
” You can ’ t find him even alluding to that as recently as three weeks ago .
Anytime reopening came up… Look , I ’ m not dumping on Dr. Fauci .
But anytime there was a good story , anytime there was good news , who was it usually throwing cold water on it ?
It was Dr. Fauci , or it was somebody from the coronavirus task force , and it was like @ @ @ @ @ @ @ glad that Dr. Fauci has moved in our direction here , ’ cause it ’ s only common sense .
This is something that anybody should have known two weeks into this .
Irreparable damage has been done by the lockdown — irreparable damage to the economy , to the American people , to their lives , to their livelihoods , to American cities .
It still is what has me bamboozled about these Democrat blue state governors .
They seem obsessed remaining locked down .
Look , we all know why .
@ @ @ @ @ @ @ somebody .
It ’ s a political objective — damage Trump , do whatever they can — ’ cause some of these blue states happen to be battleground states where Trump , in specific places , did well .
It ’ s sad that they would behave this way and have these objectives .
But don ’ t doubt me ; they do .

via rushlimbaugh
RUSH: Dr. Fauci… Dr. Fauci has finally admitted — this happened back on Friday — that the lockdown might do “irreparable damage,” something I opined on, something I told you two weeks into this. Dr. Fauci, up until last Friday, was dead set against any opening. Now, what happened? What made Dr. Fauci…? I mean, this is not just changing his mind. This is a drastic misdirection of opinion. Big, big time change.
BREAK TRANSCRIPT
RUSH: Okay, here’s the Dr. Fauci sound bite. This is from Friday. He was on CBS’ Fast Money Halftime Report. Cohost Scott Wapner, talking to Dr. Fauci, said, “How do you address what others have said, that it is just time to open the country now. It’s time to protect just the most vulnerable?”
FAUCI: We certainly want — in a cautious way — reopening. We can’t stay locked down for such a considerable period of time that you might do irreparable damage and have unintended consequences, including consequences for health. And it’s for that reason why the guidelines are being put forth so that the states and the cities can start to reenter and reopen.
We are primarily funded by readers. Please subscribe and donate to support us!
RUSH: All right. I’m genuinely curious. Do you know what changed for Dr. Fauci? ‘Cause, folks… (interruption) What was it? (interruption) Okay. So you think that Dr. Fauci has been forced into revising his opinion because the states have reopened and everything is fine, and Dr. Fauci will look like an idiot if he doesn’t acknowledge this? That is your theory? (interruption) Well, I guess we can go with it. Now, don’t misunderstand, folks, but I have been saying this exact thing since two weeks into the shutdown.
Now, don’t misunderstand. I know that the Drive-By Media is never gonna treat me as the oracle they treat Dr. Fauci. The media is gonna sit around and wait for me to do what they think is step in it examine then report that, whereas Dr. Fauci… “Oh. Dr. Fauci says it’s okay to open. Lockdown might do irreparable damage!” You can’t find him even alluding to that as recently as three weeks ago. Anytime reopening came up… Look, I’m not dumping on Dr. Fauci.
But anytime there was a good story, anytime there was good news, who was it usually throwing cold water on it? It was Dr. Fauci, or it was somebody from the coronavirus task force, and it was like clockwork. Anyway, I’m glad that Dr. Fauci has moved in our direction here, ’cause it’s only common sense. This is something that anybody should have known two weeks into this. Irreparable damage has been done by the lockdown — irreparable damage to the economy, to the American people, to their lives, to their livelihoods, to American cities.
It still is what has me bamboozled about these Democrat blue state governors. They seem obsessed remaining locked down. Look, we all know why. They probably got their marching orders from somebody. It’s a political objective — damage Trump, do whatever they can — ’cause some of these blue states happen to be battleground states where Trump, in specific places, did well. It’s sad that they would behave this way and have these objectives. But don’t doubt me; they do.


investmentwatchblog--2020-05-26--Reporter: “Isn’t the guidance to wear a mask when you’re outside though, not when you’re necessarily

Reporter: “Isn’t the guidance to wear a mask when you’re outside though, not when you’re necessarily in your home?” Press Sec. Kayleigh McEnany: “The guidance is it’s recommended but not required.”

Reporter : `` Is n't the guidance to wear a mask when you 're outside though , not when you @ @ @ @ @ ? ''
Press Sec .
Kayleigh McEnany : `` The guidance is it 's recommended @ @ @ @ @ pic.twitter.com/fJGZmxmj3c

Reporter: "Isn't the guidance to wear a mask when you're outside though, not when you're necessarily in your home?"
Press Sec. Kayleigh McEnany: "The guidance is it's recommended but not required." pic.twitter.com/fJGZmxmj3c
— The Hill (@thehill) May 26, 2020


investmentwatchblog--2020-05-26--“Donald Trump’s Snapchat is absolutely out of control”

Donald Trump ’ s Snapchat is absolutely out of control pic.twitter.com/i8zW9Fo4OZ

Donald Trump’s Snapchat is absolutely out of control pic.twitter.com/i8zW9Fo4OZ
— Barstool News Network (@BarstoolNewsN) May 26, 2020


investmentwatchblog--2020-05-26--“After Joe Biden announced he was running for president in April 2018, the University received over

“After Joe Biden announced he was running for president in April 2018, the University received over $70 million dollars from China, of which 22 million were listed as anonymous.” What is Biden’s relationship with China? Watch”

“ After Joe Biden announced he was running for president in April 2018 , the University received over $ 70 @ @ @ @ @ of which 22 million were listed as anonymous , ” says @ JoshJPhilipp What is @ @ @ @ @ ?

“After Joe Biden announced he was running for president in April 2018, the University received over $70 million dollars from China, of which 22 million were listed as anonymous,” says @JoshJPhilipp
What is Biden's relationship with China?
Watch👉t.co/87ipwGvEZ8 pic.twitter.com/Hx3tYd1h6C
— crossroads (@crossroads_josh) May 26, 2020


investmentwatchblog--2020-05-26--The Middle Class Is Going To Be Treated Even Worse Than The Past

Chris Irons interviewed by Jason Burack of Wall St For Main St During this hour plus long interview , Jason @ @ @ @ @ that Congress and the Fed has done in the last 3 months after the US @ @ @ @ @ US economy .
Chris thinks that middle class Americans will be screwed over even more @ @ @ @ @ Not only are Americans losing more freedoms faster from power hungry politicians and bureaucrats but @ @ @ @ @ compared to the trillions in bailouts that hedge funds , private equity and large corporations @ @ @ @ @ asks Chris about the China Hustle documentary and his years of experience working with Dan @ @ @ @ @ Chinese reverse merger frauds .
Commit to tipping us monthly for our hard work creating @ @ @ @ @ content that includes interviews with top experts , analysis and short videos about investing and @ @ @

Chris Irons interviewed by Jason Burack of Wall St For Main St
FULL SHOW NOTES AND LINKS HERE
During this hour plus long interview, Jason asks Chris about the bailouts that Congress and the Fed has done in the last 3 months after the US government decided to shutdown the US economy.
We are primarily funded by readers. Please subscribe and donate to support us!
Chris thinks that middle class Americans will be screwed over even more than in the past. Not only are Americans losing more freedoms faster from power hungry politicians and bureaucrats but middle class Americans got scraps compared to the trillions in bailouts that hedge funds, private equity and large corporations are getting.
Jason also asks Chris about the China Hustle documentary and his years of experience working with Dan David at Geo Investing exposing Chinese reverse merger frauds.
Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy patreon.com/wallstformainst


investmentwatchblog--2020-05-26--YOU KNOW WHO OWNS YOU BY WHAT YOU’RE NOT ALLOWED TO SAY:

YouTube Censorship and That Which May Not Be Said About Chinese Propaganda .
Just for future reference , the magic @ @ @ @ @ 五毛 .
They mean “ paid commenter ” .
UPDATE : ( Charlie ) YouTube @ @ @ @ @ A spokesperson said : “ This appears to be an error in our enforcement systems @ @ @ @ @ Users can report suspected issues to troubleshoot errors and help us make product improvements .
@

YouTube Censorship and That Which May Not Be Said About Chinese Propaganda.
Just for future reference, the magic words are 五毛党 or just 五毛. They mean “paid commenter”.
UPDATE: (Charlie) YouTube got back to me. A spokesperson said: “This appears to be an error in our enforcement systems and we are investigating. Users can report suspected issues to troubleshoot errors and help us make product improvements.”
We are primarily funded by readers. Please subscribe and donate to support us!
China: Trump ‘Bluffing’ on Hong Kong Threats…
‘Netizens’ Claim Americans Eating Coronavirus Dead…
h/t CM


investmentwatchblog--2020-05-26--Press Sec. Kayleigh McEnany: “In the case of Michael Flynn, those 302s were lost and infact edited a

Press Sec. Kayleigh McEnany: “In the case of Michael Flynn, those 302s were lost and infact edited afterwards by corrupt Peter Strzok and Lisa Page.”

Press Sec .
Kayleigh McEnany : `` In the case of Michael Flynn , those 302s were lost and infact @ @ @ @ @ Strzok and Lisa Page . ''
pic.twitter.com/RYq1oV1D1E

Press Sec. Kayleigh McEnany: "In the case of Michael Flynn, those 302s were lost and infact edited afterwards by corrupt Peter Strzok and Lisa Page." pic.twitter.com/RYq1oV1D1E
— The Hill (@thehill) May 26, 2020


investmentwatchblog--2020-05-26--Stuart Varney BLASTS The Fake News Media – “The Mainstream Media is a Disgrace”

The NY Times is calling for Twitter to censor the Pesident of the United States .
If they can push @ @ @ @ @ t they try to censor next ?
Given silicon valley ’ s leftist tendencies you @ @ @ @ @ they are coming for all of you .
pic.twitter.com/pSochvaYRN

The NY Times is calling for Twitter to censor the Pesident of the United States. If they can push for that who won’t they try to censor next?
Given silicon valley’s leftist tendencies you all better watch out, they are coming for all of you. pic.twitter.com/pSochvaYRN
— Donald Trump Jr. (@DonaldJTrumpJr) May 26, 2020


investmentwatchblog--2020-05-26--How voting machines rig elections, “Fraction Magic”.

There are limitations to the ability to cheat , because the numbers have to not be too crazy .
Say @ @ @ @ @ 1,000 voters , they can not say it gets 10,000 votes this time .
But @ @ @ @ @ you want .

by Venus230
There are limitations to the ability to cheat, because the numbers have to not be too crazy. Say a polling station usually gets 1,000 voters, they cannot say it gets 10,000 votes this time.
We are primarily funded by readers. Please subscribe and donate to support us!
But you can get the results you want.


investmentwatchblog--2020-05-26--Chiraq criminals missed the Wuhan virus memo; sees deadliest Memorial Day weekend in five years

Shocker , not : The thugs in Chiraq ignored Mayor Lori Lightfoot ’ s orders .
Headline on Monday night from MyFoxChicago : “ Chicago sees deadliest Memorial Day weekend in years : 10 fatally shot , 31 wounded.
“ This is Chiraq ’ s deadliest Memorial Day weekend since 2015 .
Read all the details here .
And this occurred despite Chicago Police increasing patrols to enforce Mayor Lightfoot ’ s stay-at-home order .
From a story three days prior : “ As the long holiday weekend kicks off , Chicago police say they will be enforcing the stay-at-home @ @ @ @ @ @ @ an “ all-hands-on-deck ” strategy .
Chicago police are increasing patrolling , including near major transit hubs and that is just one of the many things are doing to help keep people safe this weekend .
Memorial Day weekend in the past has typically been one of the most violent times in the city .
“ This Memorial Day weekend will be like no other , ” said Rich Guidice , Executive Director of the Office of Emergency Management and Communications .
CPD will enforce the stay-at-home order and be on the lookout @ @ @ @ @ @ @ ” Well , this Memorial Day weekend was like no other…but not in the way they anticipated .
Great leadership , Mayor Lightfoot !
This is Chiraq : 32 shot – 5 fatally – by early Sunday evening of Memorial Day Weekend Gun control , Chiraq style : 35 people shot over Memorial Day weekend , 6 killed

by DCG
Shocker, not: The thugs in Chiraq ignored Mayor Lori Lightfoot’s orders.
Headline on Monday night from MyFoxChicago: “Chicago sees deadliest Memorial Day weekend in years: 10 fatally shot, 31 wounded.“
This is Chiraq’s deadliest Memorial Day weekend since 2015. Read all the details here.
And this occurred despite Chicago Police increasing patrols to enforce Mayor Lightfoot’s stay-at-home order. From a story three days prior:
“As the long holiday weekend kicks off, Chicago police say they will be enforcing the stay-at-home order.
The city is calling it an “all-hands-on-deck” strategy. Chicago police are increasing patrolling, including near major transit hubs and that is just one of the many things are doing to help keep people safe this weekend.
Memorial Day weekend in the past has typically been one of the most violent times in the city.
We are primarily funded by readers. Please subscribe and donate to support us!
“This Memorial Day weekend will be like no other,” said Rich Guidice, Executive Director of the Office of Emergency Management and Communications.
CPD will enforce the stay-at-home order and be on the lookout to breakup large gatherings and issue citations.”
Well, this Memorial Day weekend was like no other…but not in the way they anticipated. Great leadership, Mayor Lightfoot!
(FYI: Mayor Lightfoot’s Twitter bio now includes the following: “Delightfully strict.”)
See also:
This is Chiraq: 32 shot – 5 fatally – by early Sunday evening of Memorial Day Weekend
Gun control, Chiraq style: 35 people shot over Memorial Day weekend, 6 killed
DCG


investmentwatchblog--2020-05-26--Michigan Mail In Ballot Voting Will Work Flawlessly

`` I received 5 ballot applications today .
4 are for people that lived here 7 years ago .
I @ @ @ @ @ and receive 5 ballots to vote .
This is why we should n't have mail @ @ @ @ @

by Jim Quinn
"I received 5 ballot applications today. 4 are for people that lived here 7 years ago. I could send all these in and receive 5 ballots to vote. This is why we shouldn't have mail in voting." pic.twitter.com/58tYeyCJAV
— JANE VANDERBUSH (@VANDERBUSHJANE) May 25, 2020


investmentwatchblog--2020-05-26--How many companies are worth less than zero?

By 1920 , former New York Yankees outfielder George Halas ’ s baseball career was finished .
Halas had only played 12 games as a professional when a hip injury abruptly ended his dream of making it big .
Being a baseball player was all Halas really knew , and with his career finished , he had limited prospects .
Eventually he was able to find steady work in Decateur , Illinois , a small town about 3 hours from Chicago , where he took a job with the A.E .
Staley Company .
The company ’ s founder , @ @ @ @ @ @ @ he recruited some of his employees to play on a company team that competed in a regional gridiron football league .
The team was known as the Decateur Staleys , and Halas became the manager .
Halas didn ’ t have much football experience , but he did well as team manager .
The Staleys earned a 6-1 record in their first season and won the central Illinois Football Championship .
Game attendance was pitiful , so his football team brought in almost zero revenue .
But he had to pay the players @ @ @ @ @ @ @ for team travel , etc .
Staley knew if things continued that way that he ’ d lose a fortune .
He didn ’ t want to shut down the team that he loved , but he didn ’ t want to continue losing money .
So in 1921 , Augustus Staley PAID George Halas $ 5,000 ( which was a lot of money back then ) to take the team off his hands .
George Halas jumped at the chance .
He took the team ( and the money ) to Chicago @ @ @ @ @ @ @ Bears .
Today the team ’ s estimated worth is nearly $ 3.5 billion .
But its remarkable to think that a century ago the team actually had NEGATIVE value .
This isn ’ t incredibly common , but it does happen from time to time : businesses can be worth less than zero .
And most of the time they don ’ t have such a remarkable turnaround story .
Case in point : Hertz , the rental car company , has $ 14.4 billion worth of vehicle loans according to its @ @ @ @ @ @ @ company estimates that its vehicles are actually worth LESS than the debt they owe .
This means that Hertz ’ s rental cars have negative equity .
Including the company ’ s other assets and liabilities , Hertz has NEGATIVE $ 2.8 billion in net tangible assets… so the entire company is worth less than zero .
They ’ re also quickly burning cash with no end in sight .
Unsurprisingly , Hertz filed for bankruptcy a few days ago .
Similarly , the retail chain JC Penny also recently filed for bankruptcy @ @ @ @ @ @ @ JC Penny has an accumulated deficit of MINUS $ 3.7 billion , and negative net tangible assets ( including interest rate derivatives ) .
WeWork hasn ’ t declared bankruptcy ( yet ) .
But the company barely has any assets at all despite having an unbelievable $ 47 billion in lease liabilities .
So WeWork is probably also worth far less than zero .
Frankly it ’ s not unreasonable to think that a LOT of companies are in this position right now .
Stock markets around the world are surging higher @ @ @ @ @ @ @ to believe that everything is about to be back to normal .
That ’ s human nature ; our ‘ normalcy bias ’ warps our brains into completely ‘ misunderestimating ’ obvious threats and full-blown disasters .
Right now as I write these words , in fact , the US stock market is worth roughly the same amount as it was in early 2019 .
That strikes me as completely ridiculous .
In early 2019 there weren ’ t tens of millions of unemployed , countless businesses shuttered , and unfathomable looming bankruptcies @ @ @ @ @ @ @ with the obvious risks of subsequent virus outbreaks , more shutdowns , travel and trade barriers , the looming Cold War between the US and China , and higher tax rates to pay for all the bailouts .
It ’ s fair to say that economic conditions and earnings prospects today are completely different ( and a lot uglier ) than they were in early 2019 .
So how can stocks possibly be worth the same amount ?
And again , if you dive a little bit deeper , you might find that @ @ @ @ @ @ @ worth less than zero .
In normal times , investors typically value a business based on a certain multiple of its cashflow… or at least its future cash flow .
But these aren ’ t normal times .
And valuing a business based on pre-Covid projections is just silly .
A lot of companies will have a long-term hit to their revenues and profits .
Some might not be able to operate at all .
So a safer bet is to value a company based on its assets ; in other words , @ @ @ @ @ @ @ business assets worth , minus the liabilities ?
If the answer ( like Hertz ) is less than zero , then you might just want to consider avoiding the investment altogether .
Hertz is definitely not going to be the last big company to file for bankruptcy .
There are a lot more retailers , travel companies , etc .
that are on the brink .
At this point , any highly leveraged ( i.e .
heavily indebted ) business might just be worth less than zero .
So be cautious before following @ @ @ @ @ @ @ Remember this if you ’ re thinking about buying an index fund ; there are literally hundreds of companies in that index , many of which might be worth less than zero .
Longer term , great businesses , both public and private , will do very well and be in much better shape than before Covid ; economic downturns and financial crises actually help solid businesses rise to the top .
Companies with high quality products or services , talented management , and sensible finances are able to navigate the challenges and @ @ @ @ @ @ @ consolidate market share from weaker competitors who don ’ t make it , and they end up becoming even more profitable .

by Simon Black
By 1920, former New York Yankees outfielder George Halas’s baseball career was finished.
Halas had only played 12 games as a professional when a hip injury abruptly ended his dream of making it big.
Being a baseball player was all Halas really knew, and with his career finished, he had limited prospects.
Eventually he was able to find steady work in Decateur, Illinois, a small town about 3 hours from Chicago, where he took a job with the A.E. Staley Company.
The company’s founder, Augustus Staley, loved sports, and he recruited some of his employees to play on a company team that competed in a regional gridiron football league.
The team was known as the Decateur Staleys, and Halas became the manager.
Halas didn’t have much football experience, but he did well as team manager. The Staleys earned a 6-1 record in their first season and won the central Illinois Football Championship.
But Augustus Staley lost a ton of money.
Game attendance was pitiful, so his football team brought in almost zero revenue. But he had to pay the players, pay for the equipment, pay for team travel, etc.
Staley knew if things continued that way that he’d lose a fortune. He didn’t want to shut down the team that he loved, but he didn’t want to continue losing money.
So in 1921, Augustus Staley PAID George Halas $5,000 (which was a lot of money back then) to take the team off his hands.
George Halas jumped at the chance. He took the team (and the money) to Chicago, and eventually renamed it the Chicago Bears.
Today the team’s estimated worth is nearly $3.5 billion. But its remarkable to think that a century ago the team actually had NEGATIVE value.
This isn’t incredibly common, but it does happen from time to time: businesses can be worth less than zero. And most of the time they don’t have such a remarkable turnaround story.
Case in point: Hertz, the rental car company, has $14.4 billion worth of vehicle loans according to its most recent financial statements.
But the company estimates that its vehicles are actually worth LESS than the debt they owe. This means that Hertz’s rental cars have negative equity.
Including the company’s other assets and liabilities, Hertz has NEGATIVE $2.8 billion in net tangible assets… so the entire company is worth less than zero.
They’re also quickly burning cash with no end in sight. Unsurprisingly, Hertz filed for bankruptcy a few days ago.
Similarly, the retail chain JC Penny also recently filed for bankruptcy. According to its financial statements, JC Penny has an accumulated deficit of MINUS $3.7 billion, and negative net tangible assets (including interest rate derivatives).
WeWork hasn’t declared bankruptcy (yet). But the company barely has any assets at all despite having an unbelievable $47 billion in lease liabilities.
We are primarily funded by readers. Please subscribe and donate to support us!
So WeWork is probably also worth far less than zero.
Frankly it’s not unreasonable to think that a LOT of companies are in this position right now.
Stock markets around the world are surging higher because investors are looking for any excuse to believe that everything is about to be back to normal.
That’s human nature; our ‘normalcy bias’ warps our brains into completely ‘misunderestimating’ obvious threats and full-blown disasters.
Right now as I write these words, in fact, the US stock market is worth roughly the same amount as it was in early 2019.
That strikes me as completely ridiculous.
In early 2019 there weren’t tens of millions of unemployed, countless businesses shuttered, and unfathomable looming bankruptcies.
Plus today we have to contend with the obvious risks of subsequent virus outbreaks, more shutdowns, travel and trade barriers, the looming Cold War between the US and China, and higher tax rates to pay for all the bailouts.
It’s fair to say that economic conditions and earnings prospects today are completely different (and a lot uglier) than they were in early 2019. So how can stocks possibly be worth the same amount?
And again, if you dive a little bit deeper, you might find that a number of big companies are actually worth less than zero.
In normal times, investors typically value a business based on a certain multiple of its cashflow… or at least its future cash flow.
But these aren’t normal times. And valuing a business based on pre-Covid projections is just silly.
A lot of companies will have a long-term hit to their revenues and profits. Some might not be able to operate at all.
So a safer bet is to value a company based on its assets; in other words, how much are the company’s business assets worth, minus the liabilities?
If the answer (like Hertz) is less than zero, then you might just want to consider avoiding the investment altogether.
Hertz is definitely not going to be the last big company to file for bankruptcy. There are a lot more retailers, travel companies, etc. that are on the brink.
At this point, any highly leveraged (i.e. heavily indebted) business might just be worth less than zero. So be cautious before following the crowd and rushing back in.
Remember this if you’re thinking about buying an index fund; there are literally hundreds of companies in that index, many of which might be worth less than zero.
Longer term, great businesses, both public and private, will do very well and be in much better shape than before Covid; economic downturns and financial crises actually help solid businesses rise to the top.
Companies with high quality products or services, talented management, and sensible finances are able to navigate the challenges and emerge stronger than ever. They eventually consolidate market share from weaker competitors who don’t make it, and they end up becoming even more profitable.


investmentwatchblog--2020-05-26--US To Launch Massive COVID Vaccine Test, Involves Over 100,000 “Volunteers”

The US is planning a “ massive testing effort ” that will involve more than 100,000 volunteers and six of the most promising COVID-19 vaccines , sources told Reuters on Friday afternoon .
The scientist in charge said the effort would hopefully narrow down vaccine candidates to one by the end of the year .
The push to fast-track a vaccine is condensing at least “ 10 years of vaccine development and testing into a matter of months , ” Reuters said .
The scientist said vaccine makers have “ agreed to share data and lend the use of their @ @ @ @ @ @ @ own candidate fail.
” Each vaccine that demonstrates promising preliminary data will be tested among 20,000 to 30,000 subjects starting in July .
Dr. Larry Corey , a vaccine expert at Fred Hutchinson Cancer Center in Seattle , who is organizing the effort , said between 100,000 to 150,00 people could be enrolled in the studies .
“ If you don ’ t see a safety problem , you just keep going , ” Dr. Francis Collins , director of the National Institutes of Health ( NIH ) , told Reuters .
The @ @ @ @ @ @ @ of the public-private partnership called Accelerating COVID-19 Therapeutic Interventions and Vaccines ( ACTIV ) announced last month .
Collins said a Moderna Inc vaccine , developed in conjunction with the NIH , will be the first one to enter testing in July .
He said vaccines from Britain ’ s Oxford University and AstraZeneca Plc could shortly follow .

The US is planning a “massive testing effort” that will involve more than 100,000 volunteers and six of the most promising COVID-19 vaccines, sources told Reuters on Friday afternoon.
The scientist in charge said the effort would hopefully narrow down vaccine candidates to one by the end of the year.
The push to fast-track a vaccine is condensing at least “10 years of vaccine development and testing into a matter of months,” Reuters said.
The scientist said vaccine makers have “agreed to share data and lend the use of their clinical trial networks to competitors should their own candidate fail.”
Each vaccine that demonstrates promising preliminary data will be tested among 20,000 to 30,000 subjects starting in July.
We are primarily funded by readers. Please subscribe and donate to support us!
Dr. Larry Corey, a vaccine expert at Fred Hutchinson Cancer Center in Seattle, who is organizing the effort, said between 100,000 to 150,00 people could be enrolled in the studies.
“If you don’t see a safety problem, you just keep going,” Dr. Francis Collins, director of the National Institutes of Health (NIH), told Reuters.
The effort to fast-track a vaccine is part of the public-private partnership called Accelerating COVID-19 Therapeutic Interventions and Vaccines (ACTIV) announced last month.
Collins said a Moderna Inc vaccine, developed in conjunction with the NIH, will be the first one to enter testing in July. He said vaccines from Britain’s Oxford University and AstraZeneca Plc could shortly follow.
www.zerohedge.com/markets/us-lau…000-people


investmentwatchblog--2020-05-26--Skyrocketing Debt and Default Send Major Warning Signals! Derivatives Failure Uncontrollable

Debt is everywhere .
Since everything is so expensive , the majority of the public must finance it with debt @ @ @ @ @ Get a mortgage .
Need a car ?
Finance the payments .
Want a George @ @ @ @ @ t afford it ?
Just charge it !
Corporations do the exact same thing .
@ @ @ @ @ problem .
What happens when they can ’ t pay back ?
Credit Suisse CEO @ @ @ @ @ after crisis , Banking & Finance – THE BUSINESS TIMES Japan launches its version of @ @ @ @ @ Street ’ scheme as deflation returns – Reuters Junk bond scare is rising : ‘ @ @ @ @ @ are buying everything ’

Debt is everywhere. Since everything is so expensive, the majority of the public must finance it with debt. Need a house? Get a mortgage. Need a car? Finance the payments. Want a George Foreman Grill but can’t afford it? Just charge it! Corporations do the exact same thing. There’s just one problem. What happens when they can’t pay back?
debt GS 1.jpg (996×513)
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Credit Suisse CEO says will need fewer employees after crisis, Banking & Finance – THE BUSINESS TIMES
www.businesstimes.com.sg/banking-finance/credit-suisse-ceo-says-will-need-fewer-employees-after-crisis
Japan launches its version of Fed’s ‘Main Street’ scheme as deflation returns – Reuters
www.reuters.com/article/us-health-coronavirus-boj/bank-of-japan-to-create-its-version-of-feds-main-street-lending-scheme-idUSKBN22X2PL?il=0
Singapore banks seen facing lingering default risk in oil sector | S&P Global Market Intelligence
www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/singapore-banks-seen-facing-lingering-default-risk-in-oil-sector-58714668
JW Marriott At Risk Of Default
therealdeal.com/chicago/2020/05/19/jw-marriott-is-latest-hotel-at-risk-of-default/
Chile’s Latam Airlines Group hires PJT Partners to restructure debt: report | The Mighty 790 KFGO | KFGO
kfgo.com/2020/05/25/chiles-latam-airlines-group-hires-pjt-partners-to-restructure-debt-report/
Junk bond scare is rising: ‘No one cares. People are buying everything’
www.cnbc.com/2020/02/07/junk-bond-scare-is-rising-no-one-cares-people-are-buying-everything.html


investmentwatchblog--2020-05-26--Martha MacCallum from FOX Rains on CNN’s Parade With Brutal Bombshell Reality Check

Scott Morefield from The Daily Caller reports , Fox News anchor Martha MacCallum tossed some proverbial cold water on the @ @ @ @ @ host Chris Cuomo and Democratic New York Gov .
Andrew Cuomo often engages on CNN @ @ @

Scott Morefield from The Daily Caller reports, Fox News anchor Martha MacCallum tossed some proverbial cold water on the “brother act” CNN host Chris Cuomo and Democratic New York Gov. Andrew Cuomo often engages on CNN at night.
We are primarily funded by readers. Please subscribe and donate to support us!
Read More/Source/Credit/FairUse:
dailycaller.com/2020/05/21/ma…


investmentwatchblog--2020-05-26--Tracing The Origins Of COVID-19

Tracing The Origins Of COVID-19

On December 9 , 2019 , long before the world knew anything about it , a video interview took place with one of the key players in the COVID-19 drama , Dr Peter Daszak , President of the EcoHealth Alliance , who inadvertently may have provided indications of its true origin .
Beginning at 27:49 , Dr Daszak explains the basis of the naturally-occurring narrative and the collection of over one hundred bat coronaviruses capable of infecting humans , but untreatable with drugs or vaccines .
Those coronaviruses are presumed to be stored in Chinese laboratories .
“ So , @ @ @ @ @ @ @ it .
So , one is around SARS .
We focused on SARS coronavirus emerged from a wildlife market .
And whilst the first pandemic of this century .
So , it ’ s big event .
And , so we started to trace back from the wildlife market , which species carried the virus , that came into those markets .
We found that it was bats , not civets , was the original idea .
So , we started looking where did they come from .
And we went out to @ @ @ @ @ @ @ bats across southern China .
And we ’ ve now found , after six or seven years of doing this , over one hundred new SARS-related coronaviruses , very close to SARS .
Some of them get into human cells in the lab .
And some of them can cause SARS disease in humanized mouse models .
And are untreatable with therapeutic monoclonals [ antibodies ] and you can ’ t vaccinate against them with a vaccine.
” At 29:51 , Dr Daszak describes bioengineering of those viruses by inserting components of one @ @ @ @ @ @ @ I think , coronavirus is a pretty good , I mean , you ’ re a virologist [ the interviewer ] , you know all this stuff , but the , you can manipulate them in the lab pretty easily .
Spike protein drives a lot of what happens with the coronavirus , zoonotic risk .
So , you can get the sequence , you can build the protein , and we work with Ralph Baric at UNC [ University of North Carolina ] to do this .
Insert it into a backbone @ @ @ @ @ @ @ work in the lab .
So , you can get more predictive , when you find the sequence .
You have this diversity .
Now , the logical progression for vaccines is , if you are going to develop a vaccine for SARS , people are going to use pandemic SARS , but let ’ s try to insert these other related and get a better vaccine.
” The scientific consensus claims that COVID-19 , like SARS , originated in bats .
There is conclusive scientific evidence , however , that COVID-19 ’ @ @ @ @ @ @ @ protein is structurally closest to that of pangolins ( scaly anteaters ) , not bats , and it was the result of a recombination , not convergent evolution .
Yet , pangolins have been ruled out as the intermediate host for COVID-19 .
Even Dr Ralph Baric in a March 15 , 2020 interview , beginning at the 27:40 time point , stated unequivocally , that pangolins were not the source of COVID-19 : “ Pangolins have over 3,000 nucleotide changes – no way they are the reservoir species [ for COVID-19 ] @ @ @ @ @ @ @ , therefore , logical to conclude that the recombinant event resulting in a pangolin receptor binding domain within a bat coronavirus backbone must have occurred in a laboratory , in a manner similar to the experiment conducted by Ralph Baric and Zheng-Li Shi in 2015 .
Furthermore , COVID-19 ’ s S1/S2 furin polybasic cleavage site , a distinctive feature widely known for its ability to enhance pathogenicity and transmissibility in coronaviruses , does not appear in any of 45 bat , 5 human SARS , 2 civet , 1 pangolin and 1 @ @ @ @ @ @ @ junction structures otherwise identical or nearly identical to COVID-19 .
There is no credible scientific evidence that the furin polybasic cleavage site evolved naturally , although the methods for artificially inserting such cleavage sites are well-established .

by Natura Naturans
Authored Lawrence Sellin, US Army Colonel (ret.), via WIONews.com,
On December 9, 2019, long before the world knew anything about it, a video interview took place with one of the key players in the COVID-19 drama, Dr Peter Daszak, President of the EcoHealth Alliance, who inadvertently may have provided indications of its true origin.
Beginning at 27:49, Dr Daszak explains the basis of the naturally-occurring narrative and the collection of over one hundred bat coronaviruses capable of infecting humans, but untreatable with drugs or vaccines. Those coronaviruses are presumed to be stored in Chinese laboratories.
“So, we did a couple of things with it. So, one is around SARS. We focused on SARS coronavirus emerged from a wildlife market. And whilst the first pandemic of this century. So, it’s big event. And, so we started to trace back from the wildlife market, which species carried the virus, that came into those markets. We found that it was bats, not civets, was the original idea. So, we started looking where did they come from. And we went out to southern China. And did surveillance of bats across southern China. And we’ve now found, after six or seven years of doing this, over one hundred new SARS-related coronaviruses, very close to SARS. Some of them get into human cells in the lab. And some of them can cause SARS disease in humanized mouse models. And are untreatable with therapeutic monoclonals [antibodies] and you can’t vaccinate against them with a vaccine.”
At 29:51, Dr Daszak describes bioengineering of those viruses by inserting components of one coronavirus into another.
“Well, I think, coronavirus is a pretty good, I mean, you’re a virologist [the interviewer], you know all this stuff, but the, you can manipulate them in the lab pretty easily. Spike protein drives a lot of what happens with the coronavirus, zoonotic risk. So, you can get the sequence, you can build the protein, and we work with Ralph Baric at UNC [University of North Carolina] to do this. Insert it into a backbone of another virus, and do some work in the lab. So, you can get more predictive, when you find the sequence. You have this diversity. Now, the logical progression for vaccines is, if you are going to develop a vaccine for SARS, people are going to use pandemic SARS, but let’s try to insert these other related and get a better vaccine.”
The scientific consensus claims that COVID-19, like SARS, originated in bats.
We are primarily funded by readers. Please subscribe and donate to support us!
There is conclusive scientific evidence, however, that COVID-19’s receptor binding domain within the spike protein is structurally closest to that of pangolins (scaly anteaters), not bats, and it was the result of a recombination, not convergent evolution.
Yet, pangolins have been ruled out as the intermediate host for COVID-19.
Even Dr Ralph Baric in a March 15, 2020 interview, beginning at the 27:40 time point, stated unequivocally, that pangolins were not the source of COVID-19:
“Pangolins have over 3,000 nucleotide changes – no way they are the reservoir species [for COVID-19], absolutely no chance.”
It is, therefore, logical to conclude that the recombinant event resulting in a pangolin receptor binding domain within a bat coronavirus backbone must have occurred in a laboratory, in a manner similar to the experiment conducted by Ralph Baric and Zheng-Li Shi in 2015.
Furthermore, COVID-19’s S1/S2 furin polybasic cleavage site, a distinctive feature widely known for its ability to enhance pathogenicity and transmissibility in coronaviruses, does not appear in any of 45 bat, 5 human SARS, 2 civet, 1 pangolin and 1 racoon dog coronaviruses, that have S1/S2 junction structures otherwise identical or nearly identical to COVID-19.
There is no credible scientific evidence that the furin polybasic cleavage site evolved naturally, although the methods for artificially inserting such cleavage sites are well-established.
www.zerohedge.com/health/tracing…s-covid-19


investmentwatchblog--2020-05-26--Slack CEO: Microsoft is ‘unhealthily preoccupied with killing us’

Slack CEO Stewart Butterfield claimed earlier this month that Microsoft Teams isn ’ t a competitor to Slack .
In @ @ @ @ @ , Butterfield has revealed that , inside Slack , the company feels that “ Microsoft @ @ @ @ @ killing us , and Teams is the vehicle to do that.
” Butterfield sat down @ @ @ @ @ for a wide-ranging interview that discusses Slack ’ s battles with Microsoft Teams , the @ @ @ @ @ Slack features , and much more .
It ’ s well worth a listen .

by KingSlayer94
Slack CEO Stewart Butterfield claimed earlier this month that Microsoft Teams isn’t a competitor to Slack. In an interview with The Verge, Butterfield has revealed that, inside Slack, the company feels that “Microsoft is perhaps unhealthily preoccupied with killing us, and Teams is the vehicle to do that.”
Butterfield sat down with Verge editor-in-chief Nilay Patel for a wide-ranging interview that discusses Slack’s battles with Microsoft Teams, the future of Slack, new Slack features, and much more. It’s well worth a listen.


investmentwatchblog--2020-05-26--Latam Airlines, Latin America’s largest air carrier, files for bankruptcy in New York after the pand

Latam Airlines, Latin America’s largest air carrier, files for bankruptcy in New York after the pandemic grounded flights

The Chapter 11 petition allows Latam to keep operating while the Chilean carrier works out a plan to pay creditors @ @ @ @ @ .
Latam , whose shareholders include Chile ’ s Cueto family and Delta Air Lines @ @ @ @ @ on a reduced schedule , and it has commitments for a bankruptcy loan of up @ @ @ @ @ The money is coming from shareholders including the Cuetos , the Amaro family and Qatar @ @ @ @ @ company statement .
Latam also has about $ 1.3 billion in cash on hand .
@ @ @ @ @ and those in Latin America in particular — have been hit hard by the coronavirus @ @ @ @ @ bans and made people reluctant to fly .
Avianca Holdings SA , the largest air @ @ @ @ @ for Chapter 11 bankruptcy earlier in May , burdened by the sharp drop in fliers @ @ @ @ @ load .
Latam ’ s affiliates in Brazil , Paraguay and Argentina aren ’ t @ @ @ @ @ , which was filed in the Southern District of New York .

www.bloombergquint.com/business/latam-airlines-files-chapter-11-bankruptcy-stymied-by-lockdowns

The Chapter 11 petition allows Latam to keep operating while the Chilean carrier works out a plan to pay creditors and turn around the business. Latam, whose shareholders include Chile’s Cueto family and Delta Air Lines Inc., continues to operate on a reduced schedule, and it has commitments for a bankruptcy loan of up to $900 million.
The money is coming from shareholders including the Cuetos, the Amaro family and Qatar Airways, according to a company statement. Latam also has about $1.3 billion in cash on hand.
Airlines the world over — and those in Latin America in particular — have been hit hard by the coronavirus outbreak, which triggered travel bans and made people reluctant to fly. Avianca Holdings SA, the largest air carrier in Colombia, filed for Chapter 11 bankruptcy earlier in May, burdened by the sharp drop in fliers and its own onerous debt load.
Latam’s affiliates in Brazil, Paraguay and Argentina aren’t part of the bankruptcy case, which was filed in the Southern District of New York.


investmentwatchblog--2020-05-26--Chinese Companies Committing Fraud in US Markets

Disclaimer : I am not attempting to give investing advice .
While I do hold my own personal positions with a few of these companies , I am a relatively new trader and my positions amount to very little .
My intention with this post is to spur discussion , while providing the insights I am basing my personal decisions on .
This is the most obvious stock committing fraud is Luckin Coffee the “ Starbucks of China ” .
Luckin Coffee admitted to such , details can be found here .
Since January 2020 the stock has dropped from @ @ @ @ @ @ @ $ 2.00 per share where it currently sits.Link to additional DD Muddy Waters Research highlighted many of the questionable accounting practices at LK and is now going after Chinese online educator GSX Techedu Inc. ( GSX ) .
The company is described as being , “ a near total fraud ” .
Muddy Waters states that 70 % of users are fake and they believe the number of fake users could be as high as 80 % .
Source for this information and more information regarding their official position can be found here @ @ @ @ @ @ @ information regarding this situation .
The “ Netflix of China ” has recently been found to be inflating user numbers and inflating advertising revenue while still posting hundreds of millions of losses ( USD ) in their 10th year of operation .
• 60.3 % of users are fraudulent , believed to be much higher with relatively low users rates in key areas of China and abnormally high users coming from remote countries ( suspected bots ) .
• Everything you need to know can be found in this previous post on WallStreetBets @ @ @ @ @ @ @ Wolfpack ’ s position with this tweet .
BIDU is China ’ s version of Google .
30 % of BIDU ’ s revenue comes from IQ and by proxy they have made this list .
Forbes source for the revenue figure .
I am not aware of any fradulent activity with NIO .
I just found it interesting that Goldman Sachs increased their holding of NIO Puts by 250 % from quarter 4 2019 to quarter 1 2020 .
They now hold 2.2 million NIO puts .
Sources for Goldman Sachs Group @ @ @ @ @ @ @ proven otherwise ( which will never happen ) , I assume all Chinese stocks are fraudulent in one way or another .
That doesn ’ t mean they aren ’ t somewhat legit businesses .
Enron was a legitimate business that just happened to inflate their # ’ s drastically .
Most frauds are mostly real businesses that choose to not be honest in their reporting for the purpose of inflating stock price .
I say this specifically due to the common narratives I see re : Alibaba , Tencent , and other @ @ @ @ @ @ @ ’ t ” be frauds because they have legitimate businesses that are enormous .
There are ZERO incentives for these companies to NOT be fraudulent .
• The punishment for fraud in China is akin to a slap on the wrist publicly • Privately , the Chinese gov ’ t likely encourages fraud because it encourages foreign inflows and investment of much needed dollars .
Once that money flows through to China , the Chinese gov ’ t gives zero shits about the integrity of the company itself or anything else ( that @ @ @ @ @ @ @ invested $ into these stocks ) .
• Regulators are all Chinese owned , and there are zero checks and balances to assure that data is in fact correct and honest .
Adding in these regulations would directly interfere with government goals and objectives while hurting the Chinese “ growth ” story .
In other words , don ’ t count on this any time soon since all incentives towards regulation hurt China ’ s goals .
• US investment banks and trading companies welcome Chinese stocks because they get fat bonuses for @ @ @ @ @ @ @ drawback if the stock eventually gets filed as fraudulent .
At the very worst , they can shrug their hands and just say that they got duped from the data themselves .
• Chinese companies generally don ’ t pay dividends ( only 30 of the 232 listed companies pay any dividend at all ) so generally speaking , the foreign funds captured by Chinese frauds never truly has to go back to investors .
• China ’ s economy is short US dollars , which it drastically needs for various reasons ( @ @ @ @ @ @ @ s export machine , buying food , buying energy , massive USD debt from their real estate developers , keeping their own currency balanced via large forex reserves , etc ) .
In short , if anything , the incentive to attract inflows of foreign investment will only increase , and thus , the incentive for fraudulent activity to attract these inflows will also increase .
• The Chinese corporate structure as listed on US exchanges ( Variable interest entities ) ensures that Chinese companies get all the funding , but stock owners @ @ @ @ @ @ @ themselves .
It ’ s actually quite ridiculous that anybody has faith in any of these companies .
It would be like purchasing a lotto ticket that has zero chance of winning because you don ’ t actually own the ticket itself , but you CAN sell the ticket to someone else .
It ’ s the definition of a confidence game .
Disclaimer : This information is only for educational purposes .
Do not make any investment decisions based on the information in this article .
Do you own due diligence .

by Tooup & cbus20122
Disclaimer: I am not attempting to give investing advice. While I do hold my own personal positions with a few of these companies, I am a relatively new trader and my positions amount to very little. My intention with this post is to spur discussion, while providing the insights I am basing my personal decisions on.
LK
This is the most obvious stock committing fraud is Luckin Coffee the “Starbucks of China”. Luckin Coffee admitted to such, details can be found here.
Since January 2020 the stock has dropped from a $50 high to less than $2.00 per share where it currently sits.Link to additional DD
GSX
Muddy Waters Research highlighted many of the questionable accounting practices at LK and is now going after Chinese online educator GSX Techedu Inc. (GSX). The company is described as being, “a near total fraud”.
Muddy Waters states that 70% of users are fake and they believe the number of fake users could be as high as 80%. Source for this information and more information regarding their official position can be found here.
Link to Forbes article providing more information regarding this situation.
IQ
The “Netflix of China” has recently been found to be inflating user numbers and inflating advertising revenue while still posting hundreds of millions of losses (USD) in their 10th year of operation.
60.3% of users are fraudulent, believed to be much higher with relatively low users rates in key areas of China and abnormally high users coming from remote countries (suspected bots).
Sources:
BIDU
BIDU is China’s version of Google. 30% of BIDU’s revenue comes from IQ and by proxy they have made this list. Forbes source for the revenue figure.
We are primarily funded by readers. Please subscribe and donate to support us!

Other Notable Activity:
NIO
I am not aware of any fradulent activity with NIO. I just found it interesting that Goldman Sachs increased their holding of NIO Puts by 250% from quarter 4 2019 to quarter 1 2020. They now hold 2.2 million NIO puts. Sources for Goldman Sachs Group, Inc. holdings:
Source 1
Direct SEC fillings source
Honestly, until proven otherwise (which will never happen), I assume all Chinese stocks are fraudulent in one way or another.
That doesn’t mean they aren’t somewhat legit businesses. Enron was a legitimate business that just happened to inflate their #’s drastically. Most frauds are mostly real businesses that choose to not be honest in their reporting for the purpose of inflating stock price. I say this specifically due to the common narratives I see re: Alibaba, Tencent, and other large Chinese corporates that they “can’t” be frauds because they have legitimate businesses that are enormous.
There are ZERO incentives for these companies to NOT be fraudulent.
The punishment for fraud in China is akin to a slap on the wrist publicly
Privately, the Chinese gov’t likely encourages fraud because it encourages foreign inflows and investment of much needed dollars. Once that money flows through to China, the Chinese gov’t gives zero shits about the integrity of the company itself or anything else (that’s a problem for those who invested $ into these stocks).
Regulators are all Chinese owned, and there are zero checks and balances to assure that data is in fact correct and honest. Adding in these regulations would directly interfere with government goals and objectives while hurting the Chinese “growth” story. In other words, don’t count on this any time soon since all incentives towards regulation hurt China’s goals.
US investment banks and trading companies welcome Chinese stocks because they get fat bonuses for listing these companies and have very little drawback if the stock eventually gets filed as fraudulent. At the very worst, they can shrug their hands and just say that they got duped from the data themselves.
Chinese companies generally don’t pay dividends (only 30 of the 232 listed companies pay any dividend at all) so generally speaking, the foreign funds captured by Chinese frauds never truly has to go back to investors.
China’s economy is short US dollars, which it drastically needs for various reasons (purchasing the commodities that fund it’s export machine, buying food, buying energy, massive USD debt from their real estate developers, keeping their own currency balanced via large forex reserves, etc). In short, if anything, the incentive to attract inflows of foreign investment will only increase, and thus, the incentive for fraudulent activity to attract these inflows will also increase.
The Chinese corporate structure as listed on US exchanges (Variable interest entities) ensures that Chinese companies get all the funding, but stock owners have literally zero ownership of the companies themselves. It’s actually quite ridiculous that anybody has faith in any of these companies. It would be like purchasing a lotto ticket that has zero chance of winning because you don’t actually own the ticket itself, but you CAN sell the ticket to someone else. It’s the definition of a confidence game.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.


investmentwatchblog--2020-05-26--Citigroup Panic/Euphoria model flashing extreme euphoria. ‘The ripple effects of 10 million or more

Citigroup Panic/Euphoria model flashing extreme euphoria. ‘The ripple effects of 10 million or more jobs permanently lost rule out any hope of a quick economic bounceback.’

'The ripple effects of 10 million or more jobs permanently lost rule out any hope of a quick economic bounceback.' t.co/ghyPVpBca3 — Jesse Felder (@jessefelder) May 26, 2020
Citigroup Panic/Euphoria model flashing extreme euphoria BofA Bull & Bear Indicator flashing extreme bearishness >30% of SPX companies suspended EPS guidance Reggie Bush (who's Mom got a house while he was in college) is against paying college athletes Talk about confusing pic.twitter.com/vrvt0qGqWf — Ryan Detrick, CMT (@RyanDetrick) May 26, 2020
Economists: you can’t artificially prop up the economy forever The Fed: pic.twitter.com/K4gsHudXDL — Morning Brew (@MorningBrew) May 26, 2020
We don’t know what earnings will be but there’s no yield anywhere so we pay whatever. t.co/EenxAX9uzs — Sven Henrich (@NorthmanTrader) May 26, 2020
As is usual, the devils in the data are always in the details. Income expectations for the next 6 months as per today’s Conference Board consumer confidence survey dropped in May to a 7-1/2 year low. Same level as May 2008 when that recession was but 1/3 of the way through. pic.twitter.com/j1FxOM2zTp — David Rosenberg (@EconguyRosie) May 26, 2020
"We are in the worst economic environment ever. [Despite the Fed,] I think we'll still have a very substantial distress episode. We may have 20% defaults in high yield bonds." t.co/NyEd5zxTPy — Jesse Felder (@jessefelder) May 26, 2020
An Economy That Cannot Allow Stocks to Decline Is Too Fragile To Survive t.co/L7bJrEs8Nz — Charles Hugh Smith (@chsm1th) May 26, 2020
Head scratcher @chigrl Mobility maps show vast majority of states back at pre-C19 mobility levels. @Quillintel
@SoberLook pic.twitter.com/6yY0IQiury — Danielle DiMartino Booth (@DiMartinoBooth) May 26, 2020
A composite of no less than 85 US economic indicators just fell 22.3 standard deviations pic.twitter.com/mEYEHpROaK — Not Jim Cramer (@Not_Jim_Cramer) May 26, 2020
Another indication that, given the current mindset of #markets (#FOMO, high confidence in the #Fed put and optimism to look through the big uncertainties), it takes a lot to disrupt upward moves
Vaccine optimism was a main driver of the strong open. This headline has made no dent pic.twitter.com/zdrdEw1MdZ — Mohamed A. El-Erian (@elerianm) May 26, 2020


investmentwatchblog--2020-05-26--JPMorgan’s Dimon Admits Fed Liquidity Is Propping Up Stocks… Deutsche Bank CEO: Markets Too Optimist

JPMorgan’s Dimon Admits Fed Liquidity Is Propping Up Stocks… Deutsche Bank CEO: Markets Too Optimistic About Coronavirus Recovery: Deutsche Bank CEO…

Deutsche Bank chief executive Christian Sewing said on Tuesday that markets were too optimistic in their assessment of a recovery from the coronavirus crisis .
JPMorgan CEO Jamie Dimon told the Deutsche Bank Global Financial Services Conference attendees ( virtually ) that he sees a “ good chance ” of a fairly rapid economic recovery and is hoping things pick up in 3Q after what will be weak GDP this quarter .
“ I give it some pretty good odds , ” Dimon said .
“ The government has been very responsive , the Federal Reserve has been very responsive @ @ @ @ @ @ @ , hopefully we ’ ll keep the small ones alive long enough that most of them get back into business.
” While the all-seeing CEO warned that JPMorgan is “ prepared for a scenario where recovery is slower , ” Dimon implicitly pointed out that for now there ’ s nothing to fear but fear itself because “ The Fed ’ s liquidity , bringing out the bazooka , is propping up stock prices ( as well as all other asset classes ) .
” Canada ’ s economy will continue to require @ @ @ @ @ @ @ phase , even with the potential for higher debt levels to fuel financial vulnerabilities , according to the outgoing head of the country ’ s central bank.Bank of Canada Governor Stephen Poloz , … The Bond Market Is Betting on More Fed Action to Dodge a Depression The Federal Reserve has already unleashed a barrage of new policies to keep the economy out of depression .
Investors reckon it ’ s lining up another one .
The Fed ’ s version of the strategy known as yield-curve control is expected to involve capping @ @ @ @ @ @ @ maturity…

Deutsche Bank chief executive Christian Sewing said on Tuesday that markets were too optimistic in their assessment of a recovery from the coronavirus crisis.
“…bringing out the bazooka…”
JPMorgan CEO Jamie Dimon told the Deutsche Bank Global Financial Services Conference attendees (virtually) that he sees a “good chance” of a fairly rapid economic recovery and is hoping things pick up in 3Q after what will be weak GDP this quarter.
We are primarily funded by readers. Please subscribe and donate to support us!
“I give it some pretty good odds,” Dimon said. “The government has been very responsive, the Federal Reserve has been very responsive. Large companies have a huge wherewithal, hopefully we’ll keep the small ones alive long enough that most of them get back into business.”
While the all-seeing CEO warned that JPMorgan is “prepared for a scenario where recovery is slower,” Dimon implicitly pointed out that for now there’s nothing to fear but fear itself because “The Fed’s liquidity, bringing out the bazooka, is propping up stock prices (as well as all other asset classes).”
Canada’s economy will continue to require significant amounts of stimulus in the rebuilding phase, even with the potential for higher debt levels to fuel financial vulnerabilities, according to the outgoing head of the country’s central bank.Bank of Canada Governor Stephen Poloz,…
The Federal Reserve has already unleashed a barrage of new policies to keep the economy out of depression. Investors reckon it’s lining up another one. The Fed’s version of the strategy known as yield-curve control is expected to involve capping yields on government bonds of a chosen maturity…


investmentwatchblog--2020-05-26--We’re way past peak trust

We’re way past peak trust

Who makes decisions like this to place this infected guy with mental illness in a nursing home ?
Shocking developments have come to light in the case of a young black man who brutally battered an elderly military veteran at a nursing home in a video that went viral on social media .
The father of the assailant is speaking out , saying that his son suffers from serious mental illness and was quarantined in a nursing home with at-risk elderly people after testing positive for COVID-19 .
Kimberly Craig of WXYZ 7 ABC broke the insane news that shows @ @ @ @ @ @ @ at risk due to the decisions of government bureaucrats and the so-called first responders .
“ He has issues and for them to put him in a facility like that , nothing good was going to happen , ” the suspect ’ s father said to 7 Action News .
In addition to having a history of mental illness , the assailant has an assault case that is pending in Washtenaw County .
This highly dangerous individual was put around vulnerable people who he could brutalize as well as possibly infect with COVID-19 @ @ @ @ @ @ @ that his son had been taken to a group home for supervision , but had a mental health relapse as he was hearing voices in his head .
When he was taken to the University of Michigan Hospital for supervision as a result , he was diagnosed with COVID-19 .
That is when he was taken to the Westwood Nursing Center where he would commit his savage assault .
It is unknown whether or not the nursing home called the police to alert them about the assault that had taken place in their @ @ @ @ @ @ @ police custody , and it is yet to be determined if he will be charged for what he did…

bigleaguepolitics.com/vicious-nursing-home-attacker-had-covid-19-and-was-quarantined-among-the-elderly-despite-mental-illness-and-felony-charges/
Who makes decisions like this to place this infected guy with mental illness in a nursing home?
Shocking developments have come to light in the case of a young black man who brutally battered an elderly military veteran at a nursing home in a video that went viral on social media.
The father of the assailant is speaking out, saying that his son suffers from serious mental illness and was quarantined in a nursing home with at-risk elderly people after testing positive for COVID-19.
Kimberly Craig of WXYZ 7 ABC broke the insane news that shows how the most vulnerable are being put at risk due to the decisions of government bureaucrats and the so-called first responders.
“He has issues and for them to put him in a facility like that, nothing good was going to happen,” the suspect’s father said to 7 Action News.
In addition to having a history of mental illness, the assailant has an assault case that is pending in Washtenaw County. This highly dangerous individual was put around vulnerable people who he could brutalize as well as possibly infect with COVID-19.
The assailant’s father said that his son had been taken to a group home for supervision, but had a mental health relapse as he was hearing voices in his head. When he was taken to the University of Michigan Hospital for supervision as a result, he was diagnosed with COVID-19. That is when he was taken to the Westwood Nursing Center where he would commit his savage assault.
It is unknown whether or not the nursing home called the police to alert them about the assault that had taken place in their facilities. The assailant is currently in police custody, and it is yet to be determined if he will be charged for what he did…