investmentwatchblog--2020-07-10--We are in that green area now. Blow-off top phase in progress. We might enter that grey area too. Fo

We are in that green area now. Blow-off top phase in progress. We might enter that grey area too. Forward P/E ratio for the NASDAQ is at highest since late 2002

We are in that green area now .
Blow-off top phase in progress .
We might enter that grey area @ @ @ @ @ very cautious here !
t.co/TcfV99vQrM pic.twitter.com/amY6XT2PW7

We are in that green area now. Blow-off top phase in progress. We might enter that grey area too. Anyway, be very cautious here! t.co/TcfV99vQrM pic.twitter.com/amY6XT2PW7 — Hoz (@Hoz94s) July 10, 2020
All these big speculative moves are part of the topping pattern, don't know when it will end though — FXHedge (@Fxhedgers) July 10, 2020
Tesla now same market cap as the largest US bank pic.twitter.com/Hg6ZHUvEaN — zerohedge (@zerohedge) July 10, 2020
The end of this joke might be epic t.co/kPTMtH4BCj — Alessio Urban (@AlessioUrban) July 10, 2020
Bank of America: "i) Central bank liquidity drives asset prices; ii) Credit prices drive equities… govt and corporate bonds have been nationalized by central banks, so why would anyone expect credit & stocks to price rationally" cc: @neelkashkari — zerohedge (@zerohedge) July 10, 2020
One year ago, Tesla had a lower market cap than both GM and Ford. At $281 billion today, it now has a higher market cap than GM, Ford, Fiat Chrysler, Daimler, BMW, Ferrari, Honda, and Hyundai … Combined. $TSLA Chart via @ycharts pic.twitter.com/Yf0wd03ZYF — Charlie Bilello (@charliebilello) July 10, 2020
Q2 Summary of Night vs Day equity performance also reflects Systematic vs Unsystematic risk pic.twitter.com/8u5jNtyAO4 — Not Jim Cramer (@Not_Jim_Cramer) July 10, 2020
Tesla Market Cap: $285.1B
JP Morgan Market Cap: $293.8B No bubble 👍 @AlessioUrban pic.twitter.com/ye7WhDfp6j — Gianluca De Stefano (@Theimmigrant84) July 10, 2020
Continuing to climb: forward P/E ratio for the NASDAQ is at highest since late 2002 @Bloomberg
[Past performance is no guarantee of future results] pic.twitter.com/5UAQqlekzF — Liz Ann Sonders (@LizAnnSonders) July 10, 2020
Companies slashing dividends at GFC-like pace … Q2’s reduction of -$42.5 billion was largest since 2009 @SoberLook @WSJ @SPDJIndices pic.twitter.com/YZyPYCCtlO — Liz Ann Sonders (@LizAnnSonders) July 10, 2020
Why not?
I thought everything is consequence free.. t.co/tqJqvaJh3G — Sven Henrich (@NorthmanTrader) July 10, 2020
The Great American Shale Oil & Gas Massacre: Bankruptcies, Defaulted Debts, Worthless Shares, Collapsed Prices of Oil & Gas. The bankruptcy epicenter is in Texas.t.co/skYckDHyCo — Wolf Richter (@wolfofwolfst) July 10, 2020


investmentwatchblog--2020-07-10--India-settled Tibetans call for boycott of Chinese goods

Tibetan exiles in India protested against China by smashing Chinese goods and tearing down a poster of President Xi Jinping @ @ @ @ @ The protest comes just weeks after deadly border standoffs and skirmishes occurred between the two @ @ @ @ @ Himalayan border .

Tibetan exiles in India protested against China by smashing Chinese goods and tearing down a poster of President Xi Jinping, setting them ablaze. The protest comes just weeks after deadly border standoffs and skirmishes occurred between the two countries, along the disputed Himalayan border.
We are primarily funded by readers. Please subscribe and donate to support us!


investmentwatchblog--2020-07-10--More Hypocrisy From The Left. #DoubleStandard

New York City Mayor Bill de Blasio tells Wolf Blitzer that he is banning all large gatherings in New York @ @ @ @ @ Matter protests .
# DoubleStandard

New York City Mayor Bill de Blasio tells Wolf Blitzer that he is banning all large gatherings in New York City except for Black Lives Matter protests. #DoubleStandard
We are primarily funded by readers. Please subscribe and donate to support us!


investmentwatchblog--2020-07-10--Whistleblower: Chinese virologist accuses Beijing of coronavirus cover-up, flees Hong Kong: “I know

Whistleblower: Chinese virologist accuses Beijing of coronavirus cover-up, flees Hong Kong: “I know how they treat whistleblowers”

Li-Meng Yan told Fox News that she believes China knew about the coronavirus well before it claimed it did .
@ @ @ @ @ ignored research she was doing that she believes could have saved lives .
Whistleblowers like @ @ @ @ @ Noble prize

Li-Meng Yan told Fox News that she believes China knew about the coronavirus well before it claimed it did.
She says her supervisors also ignored research she was doing that she believes could have saved lives.
We are primarily funded by readers. Please subscribe and donate to support us!
Whistleblowers like this should be awarded a Noble prize
AC


investmentwatchblog--2020-07-10--James Woods on Latest Biden Gaffe: ‘It’s Outright Cruelty’ To Leave Him in Front of Camera

All this was too much for Woods .
“ Where is his wife ?
Does she not care ?
It @ @ @ @ @ ” Woods tweeted .
JOE BIDEN Stops by his OLD HOUSE !
( video ) @ @ @ @ @ the Basement !
They better get him back to his basement quick !

All this was too much for Woods.
“Where is his wife? Does she not care? It’s outright cruelty,” Woods tweeted.
www.westernjournal.com/james-woods-latest-biden-gaffe-outright-cruelty-leave-front-camera/
We are primarily funded by readers. Please subscribe and donate to support us!
JOE BIDEN Stops by his OLD HOUSE! (video) SO AWKWARD! Back to the Basement!
They better get him back to his basement quick!
AC


investmentwatchblog--2020-07-10--Danielle Park: Are Higher Taxes Inevitable?

Can Canada ever crawl out of deficit hole ?
Portfolio Manager , attorney , finance author , a regular guest @ @ @ @ @ Danielle Park is the author of the best selling myth-busting book “ Juggling Dynamite : @ @ @ @ @ on money management , markets and wealth that lasts , ” as well as a @ @ @ @ @ www.jugglingdynamite.com .
Danielle worked as an attorney until 1997 when she was recruited to work @ @ @ @ @ .
A Chartered Financial Analyst ( CFA ) , she now helps to manage millions @ @ @ @ @ ’ s wealthiest families as a Portfolio Manager and analyst at the independent investment counsel @ @ @ @ @ Investment Counsel Inc. www.venablepark.com .
Over the last decade , Danielle has been writing , @ @ @ @ @ and investors on the risks and realities of financial behaviors .
A member of the @ @ @ @ @ Toronto Society of Financial Analysts , and the Law Society of Upper Canada .
Danielle @ @ @ @ @ and fitness buff .

Talk Digital Network, Released on 7/9/20
Can Canada ever crawl out of deficit hole?
We are primarily funded by readers. Please subscribe and donate to support us!
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an international securities firm. A Chartered Financial Analyst (CFA), she now helps to manage millions for some of North America’s wealthiest families as a Portfolio Manager and analyst at the independent investment counsel firm she co-founded Venable Park Investment Counsel Inc. www.venablepark.com. Over the last decade, Danielle has been writing, speaking and educating industry professionals and investors on the risks and realities of financial behaviors. A member of the internationally recognized CFA Institute, Toronto Society of Financial Analysts, and the Law Society of Upper Canada. Danielle is also an avid health and fitness buff.


investmentwatchblog--2020-07-10--We cannot expect much positive news on the economy

The economic outlook is not encouraging , no matter how much the president wants to paint a rosy picture .
The coronavirus is the primary culprit and the pandemic is not even close to being brought under control .
Indications are that the virus and the associated disease will be with us for a long time to come .
Moreover , the impact on the economy will be felt along with the disease .
Several indicators point to continued economic weakness and little optimism for an uptick .
The number of Americans filing for unemployment benefits came in at 1.31 @ @ @ @ @ @ @ , down from a revised 1.41 million claims in the prior week and below market expectations of 1.38 million .
The latest number lifted the total reported since March 21st to 50.0 million , as record spikes in coronavirus infections forced several states to scale back or pause the reopening of their economies , sending workers home again .
The IBD/TIPP Economic Optimism Index fell to 44 in July from 47 in June , reaching the lowest since September of 2015 .
The relapse likely reflects concern about the impact of surging Covid-19 @ @ @ @ @ @ @ .
On the positive side , the number of job openings in the US increased by 401,000 to 5.397 million in May from an over five-year low in the previous month and compared with market consensus of 4.85 million , reflecting a limited resumption of economic activity that had been curtailed in March and April due to the coronavirus pandemic and efforts to contain it .

by Paul Lengemann, BullsnBears Economist
The economic outlook is not encouraging, no matter how much the president wants to paint a rosy picture. The coronavirus is the primary culprit and the pandemic is not even close to being brought under control. Indications are that the virus and the associated disease will be with us for a long time to come. Moreover, the impact on the economy will be felt along with the disease.
Several indicators point to continued economic weakness and little optimism for an uptick.
We are primarily funded by readers. Please subscribe and donate to support us!
The number of Americans filing for unemployment benefits came in at 1.31 million in the week ended July 4th, down from a revised 1.41 million claims in the prior week and below market expectations of 1.38 million. The latest number lifted the total reported since March 21st to 50.0 million, as record spikes in coronavirus infections forced several states to scale back or pause the reopening of their economies, sending workers home again.
The IBD/TIPP Economic Optimism Index fell to 44 in July from 47 in June, reaching the lowest since September of 2015. The relapse likely reflects concern about the impact of surging Covid-19 cases, especially across the Sun Belt.
On the positive side, the number of job openings in the US increased by 401,000 to 5.397 million in May from an over five-year low in the previous month and compared with market consensus of 4.85 million, reflecting a limited resumption of economic activity that had been curtailed in March and April due to the coronavirus pandemic and efforts to contain it.


investmentwatchblog--2020-07-10--Not convincing! | Trump claims 99% of COVID cases are ‘harmless’ as US number surpasses 3mn

The US surpasses 3 million COVID-19 cases and accounts for ¼ of coronavirus-related deaths worldwide , yet , Trump continues @ @ @ @ @ leading the fight against the virus .
But the rest of the world isn ’ @ @ @

The US surpasses 3 million COVID-19 cases and accounts for ¼ of coronavirus-related deaths worldwide, yet, Trump continues the streak that Washington is leading the fight against the virus. But the rest of the world isn’t buying it…
We are primarily funded by readers. Please subscribe and donate to support us!


investmentwatchblog--2020-07-10--Only Stupid People Use Facebook

Only Stupid People Use Facebook

How many years too late is this post ?
The answer has always been obvious .
If you participate in @ @ @ @ @ are the experiment .

How many years too late is this post? The answer has always been obvious.
If you participate in any social media, you are the experiment.
We are primarily funded by readers. Please subscribe and donate to support us!
AC


investmentwatchblog--2020-07-10--Shockingly, Most People In Hospitals Don’t Have Coronavirus:

Stanford expert says 80-85 percent of Texas hospital patients ‘ have nothing to do with COVID-19.
’ Scott Atlas , @ @ @ @ @ Stanford University Medical Center and a senior fellow at Stanford ’ s Hoover Institution , @ @ @ @ @ under 70 , the death rate from COVID-19 is lower than or equal to the @ @ @ @ @ we see this focus on more cases , it doesn ’ t really matter how @ @ @ @ @ matters who gets the cases .
We know that the infection-fatality rate for people under @ @ @ @ @ that ’ s less than or equal to the seasonal flu , ” Atlas told @ @ @ @ @ Story.
” “ The cases themselves should not be and were never the focus .
@ @ @ @ @ tragic consequences of the cases .
When we look at the cases in every state @ @ @ @ @ younger and healthier people , ” he added .
Atlas said the rate at which @ @ @ @ @ and whether the death rate from the virus is increasing is what matters .

Stanford expert says 80-85 percent of Texas hospital patients ‘have nothing to do with COVID-19.’
Scott Atlas, former chief of neuroradiology at Stanford University Medical Center and a senior fellow at Stanford’s Hoover Institution, said Monday that for people under 70, the death rate from COVID-19 is lower than or equal to the seasonal flu.
“When we see this focus on more cases, it doesn’t really matter how many cases — it only matters who gets the cases. We know that the infection-fatality rate for people under 70 is 0.04 percent — that’s less than or equal to the seasonal flu,” Atlas told Fox News’ “The Story.”
“The cases themselves should not be and were never the focus. It’s only the tragic consequences of the cases. When we look at the cases in every state, the overwhelming majority are younger and healthier people,” he added.
Atlas said the rate at which high-risk people are being affected and whether the death rate from the virus is increasing is what matters.


investmentwatchblog--2020-07-10--Hey, Remember When The DNC-MSM Pretended That Biden Was The Moderate Democratic Candidate?

Watch : Joe Biden Vows ‘ End to the Era of Shareholder Capitalism.
’ ● This is Not a Moderate Position : Joe Biden tells boy we should eliminate the use of plastics .
● Joe Biden Just Lost Any Claim to Being a Moderate With His Embrace of the Green New Deal .
As Brandon Morse warned at Red State , “ At this point , America has two options in 2020 .
It ’ s either Donald Trump or socialism .
There doesn ’ t seem to be an option outside of these two.
” ● Ruthless Joe @ @ @ @ @ @ @ of Thousands of Blue-Collar Workers for His Green Dream .
● Biden Obliviously Tells Press that Fossil Fuel Execs Should Be Jailed .
After the Democratic presidential candidates ’ apocalyptic-themed “ climate change ” town hall on CNN last year , PJM ’ s Bryan Preston wrote , “ If you like Venezuela , voting for any of them will bring you a whole lot of Venezuela .
Thank you , CNN , just for letting these people talk .
Do it again next week ?
Please ?
” Actually , maybe not @ @ @ @ @ @ @ Trump .

Watch: Joe Biden Vows ‘End to the Era of Shareholder Capitalism.’
Earlier:
● Biden Taps AOC to Chair Campaign’s Climate Change Task Force.
● This is Not a Moderate Position: Joe Biden tells boy we should eliminate the use of plastics.
● Joe Biden Just Lost Any Claim to Being a Moderate With His Embrace of the Green New Deal. As Brandon Morse warned at Red State, “At this point, America has two options in 2020. It’s either Donald Trump or socialism. There doesn’t seem to be an option outside of these two.”
● Ruthless Joe Biden Admits He’ll Sacrifice Hundreds of Thousands of Blue-Collar Workers for His Green Dream.
We are primarily funded by readers. Please subscribe and donate to support us!
● Biden ‘100 percent’ supports nationwide plastic bag ban.
● Biden Obliviously Tells Press that Fossil Fuel Execs Should Be Jailed.
After the Democratic presidential candidates’ apocalyptic-themed “climate change” town hall on CNN last year, PJM’s Bryan Preston wrote, “If you like Venezuela, voting for any of them will bring you a whole lot of Venezuela. Thank you, CNN, just for letting these people talk. Do it again next week? Please?”
Actually, maybe not: How Joe Biden might avoid debating Trump.
h/t Ed Driscoll


investmentwatchblog--2020-07-10--Looks like something is finally coming out into the public eye.

Barr : FBI has made 150 arrests , launched more than 500 investigations related to rioting Attorney General Bill Barr gave an update Thursday on the federal investigations into rioting that took place across the nation in the aftermath of George Floyd ‘ s death .
Barr had previously announced that the Justice Department had evidence that outside instigators — including individuals connected to Antifa — were behind some of the violence that appeared to spin out of peaceful protests against police brutality .
The attorney general said that “ legitimate demonstrations ” were “ hijacked ” by these outside @ @ @ @ @ @ @ is “ building up our intelligence ” on the alleged instigators .
Seven Elected Democrats Charged in Past Week on Corruption and Fraud Charges Seven elected Democrats have been charged or plead guilty in the past week to corruption and fraud charges for a healthy “ one per day ” average .
Last Thursday New Jersey Attorney General Gurbir Grewal announced voter fraud charges against Councilman Michael Jackson and Councilman-elect Alex Mendez , two of the winners in Patterson ’ s recent ward council elections .
The two were charged with voter fraud @ @ @ @ @ @ @ violated state laws governing the way mail-in ballots are supposed to be collected and filled out .
These charges certainly are peculiar because I had previously been told by other Democrats that voter fraud simply doesn ’ t happen .

Watch the latest video at foxnews.com
Barr: FBI has made 150 arrests, launched more than 500 investigations related to rioting
Attorney General Bill Barr gave an update Thursday on the federal investigations into rioting that took place across the nation in the aftermath of George Floyd‘s death.
We are primarily funded by readers. Please subscribe and donate to support us!
Barr had previously announced that the Justice Department had evidence that outside instigators — including individuals connected to Antifa — were behind some of the violence that appeared to spin out of peaceful protests against police brutality. The attorney general said that “legitimate demonstrations” were “hijacked” by these outside actors, and that federal law enforcement is “building up our intelligence” on the alleged instigators.
Seven Elected Democrats Charged in Past Week on Corruption and Fraud Charges
Seven elected Democrats have been charged or plead guilty in the past week to corruption and fraud charges for a healthy “one per day” average. Last Thursday New Jersey Attorney General Gurbir Grewal announced voter fraud charges against Councilman Michael Jackson and Councilman-elect Alex Mendez, two of the winners in Patterson’s recent ward council elections. The two were charged with voter fraud, specifically facing allegations that the duo violated state laws governing the way mail-in ballots are supposed to be collected and filled out. These charges certainly are peculiar because I had previously been told by other Democrats that voter fraud simply doesn’t happen.


investmentwatchblog--2020-07-10--TEXAS Offers To Pay Moving Cost Of Companies Fleeing California

After ‘ horrifying ’ defund police efforts , investors will pay moving costs for California companies to relocate to Texas @ @ @ @ @ .
In fact , that ’ s its top choice .
The Pittsburgh-based company , @ @ @ @ @ in 2018 , is teaming up with three private investors to cover moving costs for @ @ @ @ @ considers business hostile , like California , to more business-friendly states , like Texas .
@ @ @ @ @ business with revenue ranging from $ 5 million to $ 200 million , said Joe @ @ @ @ @ s president and a frequent critic of California ’ s business environment .
He has @ @ @ @ @ from California for years .
“ California is our No .
1 target because the @ @ @ @ @ politicians has reached new levels , ” he said .
This year , California is @ @ @ @ @ enacting legislation that will increase labor and litigation costs .

After ‘horrifying’ defund police efforts, investors will pay moving costs for California companies to relocate to Texas
Location advisory firm Spectrum Location Solutions’ motto, “helping businesses grow in great locations,” doesn’t include California.
But it does include Texas. In fact, that’s its top choice.
The Pittsburgh-based company, which moved out of California in 2018, is teaming up with three private investors to cover moving costs for businesses to flee states it considers business hostile, like California, to more business-friendly states, like Texas.
The offer applies to any business with revenue ranging from $5 million to $200 million, said Joe Vranich, the firm’s president and a frequent critic of California’s business environment. He has been tracking corporate migration away from California for years.
“California is our No. 1 target because the irresponsibility of California’s politicians has reached new levels,” he said. This year, California is considering raising business taxes and enacting legislation that will increase labor and litigation costs.


investmentwatchblog--2020-07-10--Man having a hard time understanding how earning over $200,000 a year is too much to qualify for a d

Man having a hard time understanding how earning over $200,000 a year is too much to qualify for a decent stimulus check

“ I ’ m having a hard time understanding how earning over $ 200,000 a year is too much to @ @ @ @ @ check when you ’ re paying someone else ’ s income in federal taxes , @ @ @ @ @ after getting theirs back in earned-income tax credit , child-tax credits , etc .
We @ @ @ @ @ !
I don ’ t feel that earning $ 200,000 a year should be too @ @ @ @ @ CARES Act .
”

Seriously?
“I’m having a hard time understanding how earning over $200,000 a year is too much to qualify for a decent stimulus check when you’re paying someone else’s income in federal taxes, and most people pay nothing after getting theirs back in earned-income tax credit, child-tax credits, etc. We have to pay for everything! I don’t feel that earning $200,000 a year should be too much to qualify under the CARES Act.”
We are primarily funded by readers. Please subscribe and donate to support us!
www.marketwatch.com/story/im-having-a-hard-time-understanding-how-earning-over-200000-a-year-is-too-much-to-qualify-for-a-decent-stimulus-check-2020-07-09?mod=home-page
AT


investmentwatchblog--2020-07-10--I think the Fish is going to hit the Fan by the end of the month.

FOMC meeting on Wed 29 .
Negative events have often been occurring at/around these over the last year .
10Y @ @ @ @ @ ’ s going to break down to new all time lows .
The USD-Libor rate @ @ @ @ @ critical 0.13 % level .
Stock market mania is about to burn out .
US/China @ @ @ @ @ things are looking f*cky in the following countries :

by mark000
We are primarily funded by readers. Please subscribe and donate to support us!
FOMC meeting on Wed 29. Negative events have often been occurring at/around these over the last year. 10Y UST is weakening like it’s going to break down to new all time lows. The USD-Libor rate is heading down towards the critical 0.13% level. Stock market mania is about to burn out. US/China divorce is approaching. Also things are looking f*cky in the following countries:
Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia Australia Austria Azerbaijan The Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Bulgaria Burkina Faso Burundi Cabo Verde Cambodia Cameroon Canada Central African Republic Chad Chile China Colombia Comoros Congo, Democratic Republic of the Congo, Republic of the Costa Rica Côte d’Ivoire Croatia Cuba Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic East Timor (Timor-Leste) Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Eswatini Ethiopia Fiji Finland France Gabon The Gambia Georgia Germany Ghana Greece Grenada Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras Hungary Iceland India Indonesia Iran Iraq Ireland Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kiribati Korea, North Korea, South Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Mauritania Mauritius Mexico Micronesia, Federated States of Moldova Monaco Mongolia Montenegro Morocco Mozambique Myanmar (Burma) Namibia Nauru Nepal Netherlands New Zealand Nicaragua Niger Nigeria North Macedonia Norway Oman Pakistan Palau Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Qatar Romania Russia Rwanda Saint Kitts and Nevis Saint Lucia Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa Spain Sri Lanka Sudan Sudan, South Suriname Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Tuvalu Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Yemen Zambia Zimbabwe


investmentwatchblog--2020-07-10--Amazon Fined for Violating U.S. Sanctions on Iran, Syria, Crimea

Bezos can ’ t get away with this crap anymore .
There ’ s a new sheriff in town .
Amazon Fined for Violating U.S. Sanctions on Iran , Syria , Crimea By Adam Kredo | JULY 8 , 2020 ( freebeacon.com ) – Online retailer Amazon has agreed to pay the U.S. government $ 134,523 for violating sanctions on Iran , Syria , and Crimea , according to the Treasury Department .
The fines were issued as part of Amazon ’ s admission that it may be civilly liable “ for apparent violations of multiple [ U.S. ] sanctions @ @ @ @ @ @ @ ’ s Office of Foreign Assets Control ( OFAC ) , the Trump administration announced on Wednesday .
“ As a result of deficiencies related to Amazon ’ s sanctions screening processes , Amazon provided goods and services to persons sanctioned by OFAC ; to persons located in the sanctioned region or countries of Crimea , Iran , and Syria ; and to individuals located in or employed by the foreign missions of countries sanctioned by OFAC , ” the Treasury Department said in a statement .
Amazon also failed to report “ @ @ @ @ @ @ @ of U.S. sanctions , as the company was obligated to do… Amazon hit with fine over US sanction violations Fine could have exceeded $ 1B By Evie Fordham | July 8 , 2020 ( foxbusiness.com ) – Amazon will pay $ 134,523 after violating U.S. sanctions by selling goods to people in Crimea , Iran and Syria , although the low penalty amount reflects “ that Amazon ’ s apparent violations were non-egregious and voluntarily self-disclosed , ” the Treasury Department said Wednesday .
Amazon agreed to settle with the Treasury Department ’ @ @ @ @ @ @ @ selling goods to sanctioned individuals , individuals located in or employed by the foreign missions of Cuba , Iran , North Korea , Sudan and Syria and failing to report several hundred transactions in a timely manner .
The violations took place between 2011 and 2018 .
The Treasury Department said Amazon has already taken steps to fix its automated system that flags possible sanctions violations .
The monetary penalty could have exceeded $ 1 billion…

Bezos can’t get away with this crap anymore. There’s a new sheriff in town.
_____
Amazon Fined for Violating U.S. Sanctions on Iran, Syria, Crimea
By Adam Kredo | JULY 8, 2020
(freebeacon.com) – Online retailer Amazon has agreed to pay the U.S. government $134,523 for violating sanctions on Iran, Syria, and Crimea, according to the Treasury Department.
The fines were issued as part of Amazon’s admission that it may be civilly liable “for apparent violations of multiple [U.S.] sanctions programs” administered by the Treasury Department’s Office of Foreign Assets Control (OFAC), the Trump administration announced on Wednesday.
“As a result of deficiencies related to Amazon’s sanctions screening processes, Amazon provided goods and services to persons sanctioned by OFAC; to persons located in the sanctioned region or countries of Crimea, Iran, and Syria; and to individuals located in or employed by the foreign missions of countries sanctioned by OFAC,” the Treasury Department said in a statement.
Amazon also failed to report “several hundred transactions” that ran afoul of U.S. sanctions, as the company was obligated to do…
READ MORE:
freebeacon.com/latest-news/amazon-fined-for-violating-u-s-sanctions-on-iran-syria-crimea/
Second news source.
We are primarily funded by readers. Please subscribe and donate to support us!
_____
Amazon hit with fine over US sanction violations
Fine could have exceeded $1B
By Evie Fordham | July 8, 2020
(foxbusiness.com) – Amazon will pay $134,523 after violating U.S. sanctions by selling goods to people in Crimea, Iran and Syria, although the low penalty amount reflects “that Amazon’s apparent violations were non-egregious and voluntarily self-disclosed,” the Treasury Department said Wednesday.
Amazon agreed to settle with the Treasury Department’s Office of Foreign Assets Control after selling goods to sanctioned individuals, individuals located in or employed by the foreign missions of Cuba, Iran, North Korea, Sudan and Syria and failing to report several hundred transactions in a timely manner.
The violations took place between 2011 and 2018.
The Treasury Department said Amazon has already taken steps to fix its automated system that flags possible sanctions violations. The monetary penalty could have exceeded $1 billion…
READ MORE:
www.foxbusiness.com/technology/amazon-economic-sanctions-treasury-department
h/t Fist


investmentwatchblog--2020-07-10--THIS DOES SEEM TO BE THE STRATEGY: Trump’s last line of defense is the economy. Biden and Democrats

THIS DOES SEEM TO BE THE STRATEGY: Trump’s last line of defense is the economy. Biden and Democrats must knock it down.

The polling is clear : President Donald Trump is on the ropes and Americans are crying out for new leadership as they watch the dire consequences of his chaotic , crass and corrupt presidency unfold against the backdrop of a pandemic and deepening recession .
But we are far from the finish line , and while Trump ’ s support may be dwindling , he still has a leg to stand on .
Among the swing voters who will help decide this election , President Trump still maintains a significant advantage over presumptive Democratic nominee Joe Biden on the question @ @ @ @ @ @ @ America out of this economic crisis .
If we want to ensure that Trump does not win a second term , we need to cut off the last leg of his reelection bid .
Before COVID-19 , Trump was planning to stake his reelection on a roaring economy , and he would have had a semi-legitimate — albeit extremely flawed — argument to make .
Now , we ’ re in a recession and nearly 50 million people have filed unemployment claims .
The economy is all Trump has left That includes over @ @ @ @ @ @ @ 850,000 in Pennsylvania and almost 372,000 in Wisconsin .
Voters in these states know we ’ re in a crisis .
They ’ re feeling the pain of the worst economy since the Great Depression .
It ’ s no surprise that for the undecided white working class voters in the upper Midwest we polled in our survey , the No .
1 issue determining their vote is who would best steer the country through an economic crisis .
On that issue , they choose Trump by a significant margin .
It is @ @ @ @ @ @ @ show these voters that his disastrous handling of the virus led to the deep national recession and economic devastation in their local communities — and that he is unable to provide the leadership to bring our economy back .
If his economic standing dips into the negatives , he will be underwater with swing voters on all counts .

The polling is clear: President Donald Trump is on the ropes and Americans are crying out for new leadership as they watch the dire consequences of his chaotic, crass and corrupt presidency unfold against the backdrop of a pandemic and deepening recession. But we are far from the finish line, and while Trump’s support may be dwindling, he still has a leg to stand on.
Among the swing voters who will help decide this election, President Trump still maintains a significant advantage over presumptive Democratic nominee Joe Biden on the question of who is best suited to lead America out of this economic crisis. If we want to ensure that Trump does not win a second term, we need to cut off the last leg of his reelection bid.
It’s the economy, Democrats.
Before COVID-19, Trump was planning to stake his reelection on a roaring economy, and he would have had a semi-legitimate — albeit extremely flawed — argument to make. Now, we’re in a recession and nearly 50 million people have filed unemployment claims.
The economy is all Trump has left
That includes over 1 million unemployed in Michigan, about 850,000 in Pennsylvania and almost 372,000 in Wisconsin. Voters in these states know we’re in a crisis. They’re feeling the pain of the worst economy since the Great Depression. It’s no surprise that for the undecided white working class voters in the upper Midwest we polled in our survey, the No. 1 issue determining their vote is who would best steer the country through an economic crisis.
On that issue, they choose Trump by a significant margin. It is our job, as Democrats, to show these voters that his disastrous handling of the virus led to the deep national recession and economic devastation in their local communities — and that he is unable to provide the leadership to bring our economy back. If his economic standing dips into the negatives, he will be underwater with swing voters on all counts.


investmentwatchblog--2020-07-10--The Ruling Class Has Its Favorites, Who Are Allowed To Operate Outside The Law Without Penalties

NYC Black Lives Matter marches can continue despite large-event ban , de Blasio says .
Mayor Bill de Blasio is @ @ @ @ @ to continue marching through city streets while the city is canceling all large events through @ @ @ @ @ Thursday night , de Blasio said the demonstrators ’ calls for social justice were too @ @ @ @ @ than a month of demonstrations have not led to an outbreak of coronavirus cases .
@ @ @ @ @ moment of change .
We have to respect that but also say to people the @ @ @ @ @ re used to , the parades , the fairs — we just can ’ t @ @ @ @ @ re focusing on health right now , ” de Blasio told host Wolf Blitzer .
@ @ @ @ @ York ’ s rate of infections has remained consistent through the civil unrest over the @ @ @ @ @ Floyd .

NYC Black Lives Matter marches can continue despite large-event ban, de Blasio says.
Mayor Bill de Blasio is permitting Black Lives Matter protesters to continue marching through city streets while the city is canceling all large events through September.
Speaking on CNN Thursday night, de Blasio said the demonstrators’ calls for social justice were too important to stop after more than a month of demonstrations have not led to an outbreak of coronavirus cases.
“This is a historic moment of change. We have to respect that but also say to people the kinds of gatherings we’re used to, the parades, the fairs — we just can’t have that while we’re focusing on health right now,” de Blasio told host Wolf Blitzer.
The exception came as New York’s rate of infections has remained consistent through the civil unrest over the Minneapolis police killing of George Floyd.


investmentwatchblog--2020-07-10--Fusion GPS Received Hundreds of Thousands of Dollars in PPP Loans

It don ’ t get much swampier than this .
Fusion GPS received hundreds of thousands of dollars in small-business loans during pandemic By Jerry Dunleavy | July 08 , 2020 ( washingtonexaminer.com ) – The group that hired British ex-spy Christopher Steele to put together his Trump-Russia dossier received hundreds of thousands of dollars under the Small Business Administration ’ s Paycheck Protection Program .
Records show Bean LLC , the shell parent company for Fusion GPS , which was co-founded by former Wall Street Journal reporters Glenn Simpson and Peter Fritsch , received a loan amount between $ @ @ @ @ @ @ @ to ProPublica ’ s database .
The Washington , D.C.-based opposition research firm ’ s loan was approved on April 14 , the money was provided through Trustar Bank , and Fusion GPS claimed it would help retain 15 jobs .
The SBA states that any business “ that derives over 50 percent of its gross annual revenue from political or lobbying ” activity would be “ ineligible ” from the coronavirus pandemic loan program .
But the New York Times reported that a host of Republican and Democratic lobbying firms , ad @ @ @ @ @ @ @ loans totaling in the hundreds of thousands or millions of dollars .
Among the groups that received the loans were left-wing Media Matters for America , which got between $ 1 million and $ 2 million , and the conservative Americans for Tax Reform , which got between $ 150,000 and $ 350,000 .
Steele ’ s dossier compiled allegations tying Trump and his associates to Russia and the Kremlin during the 2016 presidential election and beyond…

It don’t get much swampier than this.
_____
Fusion GPS received hundreds of thousands of dollars in small-business loans during pandemic
By Jerry Dunleavy | July 08, 2020
(washingtonexaminer.com) – The group that hired British ex-spy Christopher Steele to put together his Trump-Russia dossier received hundreds of thousands of dollars under the Small Business Administration’s Paycheck Protection Program.
Records show Bean LLC, the shell parent company for Fusion GPS, which was co-founded by former Wall Street Journal reporters Glenn Simpson and Peter Fritsch, received a loan amount between $350,000 and $1 million, according to ProPublica’s database. The Washington, D.C.-based opposition research firm’s loan was approved on April 14, the money was provided through Trustar Bank, and Fusion GPS claimed it would help retain 15 jobs.
We are primarily funded by readers. Please subscribe and donate to support us!
The SBA states that any business “that derives over 50 percent of its gross annual revenue from political or lobbying” activity would be “ineligible” from the coronavirus pandemic loan program. But the New York Times reported that a host of Republican and Democratic lobbying firms, ad makers, and opposition shops received PPP loans totaling in the hundreds of thousands or millions of dollars. Among the groups that received the loans were left-wing Media Matters for America, which got between $1 million and $2 million, and the conservative Americans for Tax Reform, which got between $150,000 and $350,000.
Steele’s dossier compiled allegations tying Trump and his associates to Russia and the Kremlin during the 2016 presidential election and beyond…
READ MORE:
www.washingtonexaminer.com/news/fusion-gps-received-hundreds-of-thousands-of-dollars-in-small-business-loans-during-pandemic
h/t Fist


investmentwatchblog--2020-07-10--The Bottom’s Falling Out

The Bottom’s Falling Out

Imagine you ’ re standing across the street from a house that ’ s on the verge of falling apart , a condemned building , an edifice devoured by rot from bottom to top .
Now imagine you see a construction crew arriving to repair it , and they start to fix the roof .
You would think that ’ s not much use if the walls , floor and foundation are just one wolf ’ s huff and puff away from collapse .
Still , that is what the world ’ s central banks are doing today : they @ @ @ @ @ @ @ out banks and allege that somehow that will fix the rest of the edifice too .
In that same analogy , while central banks prop up banks , governments try to support the walls , by bailing out businesses .
Again , while the floors and foundations keep on rotting away .
And when the floors cave in , so of course will the walls , just like the roof .
There may appear to be some logic to all this , but it ’ s only the “ inner logic ” of @ @ @ @ @ @ @ exclusively with how things should be , not how they are .
Of course it ’ s nice to have a shiny new roof , and strong walls .
But neither have any value if there are no more floors to support them .
This is what is happening today to our economies and societies .
The 2008 crisis wasn ’ t bad enough to expose the failures of the “ inner logic ” of the system , but the fallout of COVID19 will be .
And it ’ s not the virus @ @ @ @ @ @ @ lockdowns , they merely expose a system that ’ s been rotting for many years without its floors and foundations ever being repaired .
( And yes , you ’ re right , the central banks are not merely fixing the roof , they ’ re gold-plating it for good measure ) .
So you got the Fed team working on the roof and the government team working on the walls , and absolutely nobody working on the floors and foundations .
And at some point you ’ re going to have to @ @ @ @ @ @ @ building and construction , even about gravity : are they aware that roofs and walls are infinitely more dependent on solid floors than floors are on them ?
Actually , I think they are .
They just don ’ t think it ’ s possible that the floor may fall out from underneath them ( i.e .
they deny gravity ) .
But that is what is threatening to happen .
Not only in the US , but all over the western world .
And if there ’ s one thing you don @ @ @ @ @ @ @ house , or your economy/society , it ’ s for the bottom to fall out .
Because where will you live ?
Still , with headlines such as “ More Than Half Of The US Population Is Not Working ” , “ 50 Million Americans Have Lost Their Job In Past 6 Weeks ” , “ 42 Million Unemployed , 25.5 % Unemployment Rate ” , “ 52 % Of Small Businesses Expect To Be Out Of Business Within Six Months ” , “ 53 % Of Restaurants Closed Amid Coronavirus Have Shuttered @ @ @ @ @ @ @ : Over 25,000 Stores Could Close By Year End ” , and more of the same on the way , we should at least consider the possibility of the bottom falling out , and prepare accordingly .
It ’ s one thing to want to save the businesses , but if you have huge amounts of people who can ’ t afford to buy anything from them , businesses will inevitably fail in huge numbers .
If the bottom threatens to fall out , you need to focus on saving the floor and @ @ @ @ @ @ @ businesses .
Nothing to do with socialism or anything like that , but with preserving your society as a going concern .
The first thing I didn ’ t quite get , but then again did , was that all the PPP ’ s and their equivalents , the various global payment protection programs , were aimed at protecting businesses by guaranteeing wages and salaries of their employees .
What an odd idea , I thought .
After all , if you want to protect wages , there is no reason to do @ @ @ @ @ @ @ as well pay the employee directly .
If you pay the business which must then pay the employee , how would that help or protect that business ?
By giving off the false impression it can still pay the wages ?
Of course , if you do pay it through businesses , at least no-one can bring up a theme such as Universal Basic Income , anymore than they can MMT .
While you in effect practice both , you can also deny practicing either .
Pretty smart , right ?
Neat !
@ @ @ @ @ @ @ .
Say the governments pay the wages and salaries .
These are the biggest cost for many if not most businesses , certainly the small ones , which are , obviously , the most vulnerable to sudden events like a pandemic and lockdown .
So as a government , you take that liability , and that risk , away .
It would appear that then you can assess much better how viable such a business really is .
Because a business that doesn ’ t have to pay its biggest cost should be @ @ @ @ @ @ @ , even if there ’ s no revenue coming in , unless it has deeper problems , like -too much- debt .
The advantages for everyone are clear : less paperwork for government and business owner , guaranteed wages for employees , and a better view of a business ’ s financial situation for everyone .
Not that you should pay employees 100 % of their wages , as many countries have .
You would only do that if you think the problems will be over soon , but in reality you have @ @ @ @ @ @ @ You need to support the lowest-paid people -because they are the bottom that ’ s about to fall out- but as you work your way up to higher wages , you start taking off a percentage , rinse and repeat , and end up paying maybe $ 50,000 to people who made $ 100,000 ( and yes , that goes for government employees too ) .
Why would you hand someone , anyone over $ 100,000 for not working ?
Of course there are people with mortgages and car loans that are so @ @ @ @ @ @ @ 100,000 to keep their families alive , but that is a different story .
That does not deal with the bottom falling out .
For those cases , you need a separate program .
Just like you do for businesses that still can ’ t survive once all their wages have been taken care of by the government .
Obviously , as Midwest small businessman Bruce Wilds said recently in his guest post here , Small Business Firings to Start , for some businesses showrooms , or inventory , taxes , utilities , @ @ @ @ @ @ @ separate program .
Support the bottom , the people , first .
Because it ’ s urgent .
Because you risk too many people having too little to survive on .
In fact , so many that your businesses come under threat from having no customers left .
As one of its first measures , Greece , when it went into lockdown , lowered rents for businesses by 40 % , without as much as a plan for how to compensate landlords .
That ’ s the spirit .
But it ’ s @ @ @ @ @ @ @ alone politicians .
In the end , the reality is that most landlords and mortgage lenders will get less money .
For a long time .
You can try to help everyone out with cheap loans to individuals and businesses to pay off their mortgages , but that ’ s a just another short term plan , and has nothing to do with long time views .
And cheap loans won ’ t save the bottom from falling out .
If you put it like that , people will actually understand : you @ @ @ @ @ @ @ by pouring in cheap money .
any more than a lick of paint will save a condemned building .
But at the same time , that ’ s all our political systems manage to come up with .
While fervently hoping for , counting on , a miraculous recovery , and planning to make the poor pay by raising taxes when we ’ re “ back to normal ” .
It ’ s just that there comes a time when the poor have nothing left to pay with , not even for their @ @ @ @ @ @ @ bottom falls out .
To be continued .
I have much more to say on this .
Like : what to do now ?
Look , it ’ s quite simple really : if you ask yourself , or your friends , or someone on the street , if they think the economy will recover within a “ reasonable ” timeframe , most will say yes .
Conditioned by politicians , by the media , and by their own fear of what will be their fate if it doesn ’ t .
But @ @ @ @ @ @ @ If half of businesses and half or restaurants are shut for good where ever it is you live , where would that recovery have to come from ?
Do ask yourself that question , and try not to be afraid of the answer for a moment .

by
Gerry Cranham Protection for the pretty 1963
Imagine you’re standing across the street from a house that’s on the verge of falling apart, a condemned building, an edifice devoured by rot from bottom to top. Now imagine you see a construction crew arriving to repair it, and they start to fix the roof. You would think that’s not much use if the walls, floor and foundation are just one wolf’s huff and puff away from collapse.
Still, that is what the world’s central banks are doing today: they “fix” the top by bailing out banks and allege that somehow that will fix the rest of the edifice too. In that same analogy, while central banks prop up banks, governments try to support the walls, by bailing out businesses. Again, while the floors and foundations keep on rotting away. And when the floors cave in, so of course will the walls, just like the roof.
There may appear to be some logic to all this, but it’s only the “inner logic” of an economic and political ideology that deals exclusively with how things should be, not how they are. Of course it’s nice to have a shiny new roof, and strong walls. But neither have any value if there are no more floors to support them.
This is what is happening today to our economies and societies. The 2008 crisis wasn’t bad enough to expose the failures of the “inner logic” of the system, but the fallout of COVID19 will be. And it’s not the virus that does it all, or the lockdowns, they merely expose a system that’s been rotting for many years without its floors and foundations ever being repaired.
(And yes, you’re right, the central banks are not merely fixing the roof, they’re gold-plating it for good measure).
So you got the Fed team working on the roof and the government team working on the walls, and absolutely nobody working on the floors and foundations. And at some point you’re going to have to ask what these people actually know about building and construction, even about gravity: are they aware that roofs and walls are infinitely more dependent on solid floors than floors are on them?
Actually, I think they are. They just don’t think it’s possible that the floor may fall out from underneath them (i.e. they deny gravity). But that is what is threatening to happen. Not only in the US, but all over the western world. And if there’s one thing you don’t want to happen to your house, or your economy/society, it’s for the bottom to fall out. Because where will you live?
Still, with headlines such as
“More Than Half Of The US Population Is Not Working”,
“50 Million Americans Have Lost Their Job In Past 6 Weeks”,
“42 Million Unemployed, 25.5% Unemployment Rate”,
“52% Of Small Businesses Expect To Be Out Of Business Within Six Months”,
“53% Of Restaurants Closed Amid Coronavirus Have Shuttered Permanently”,
“US Retail Apocalypse: Over 25,000 Stores Could Close By Year End”,
and more of the same on the way, we should at least consider the possibility of the bottom falling out, and prepare accordingly.
It’s one thing to want to save the businesses, but if you have huge amounts of people who can’t afford to buy anything from them, businesses will inevitably fail in huge numbers. If the bottom threatens to fall out, you need to focus on saving the floor and foundations, the people, not the businesses. Nothing to do with socialism or anything like that, but with preserving your society as a going concern.
The first thing I didn’t quite get, but then again did, was that all the PPP’s and their equivalents, the various global payment protection programs, were aimed at protecting businesses by guaranteeing wages and salaries of their employees. What an odd idea, I thought. After all, if you want to protect wages, there is no reason to do that through a business, you might as well pay the employee directly.
We are primarily funded by readers. Please subscribe and donate to support us!
If you pay the business which must then pay the employee, how would that help or protect that business? By giving off the false impression it can still pay the wages? Of course, if you do pay it through businesses, at least no-one can bring up a theme such as Universal Basic Income, anymore than they can MMT. While you in effect practice both, you can also deny practicing either. Pretty smart, right? Neat!
But turn this around for a moment. Say the governments pay the wages and salaries. These are the biggest cost for many if not most businesses, certainly the small ones, which are, obviously, the most vulnerable to sudden events like a pandemic and lockdown. So as a government, you take that liability, and that risk, away.
It would appear that then you can assess much better how viable such a business really is. Because a business that doesn’t have to pay its biggest cost should be able to survive for a few months, even if there’s no revenue coming in, unless it has deeper problems, like -too much- debt. The advantages for everyone are clear: less paperwork for government and business owner, guaranteed wages for employees, and a better view of a business’s financial situation for everyone.
Not that you should pay employees 100% of their wages, as many countries have. You would only do that if you think the problems will be over soon, but in reality you have no idea if they will be. You need to support the lowest-paid people -because they are the bottom that’s about to fall out- but as you work your way up to higher wages, you start taking off a percentage, rinse and repeat, and end up paying maybe $50,000 to people who made $100,000 (and yes, that goes for government employees too).
Why would you hand someone, anyone over $100,000 for not working? Of course there are people with mortgages and car loans that are so elevated that they need more than $100,000 to keep their families alive, but that is a different story. That does not deal with the bottom falling out. For those cases, you need a separate program. Just like you do for businesses that still can’t survive once all their wages have been taken care of by the government.
Obviously, as Midwest small businessman Bruce Wilds said recently in his guest post here, Small Business Firings to Start, for some businesses showrooms, or inventory, taxes, utilities, can be major liabilities. Again, separate program. Support the bottom, the people, first. Because it’s urgent. Because you risk too many people having too little to survive on. In fact, so many that your businesses come under threat from having no customers left.
As one of its first measures, Greece, when it went into lockdown, lowered rents for businesses by 40%, without as much as a plan for how to compensate landlords. That’s the spirit. But it’s a spirit few will understand, let alone politicians. In the end, the reality is that most landlords and mortgage lenders will get less money. For a long time. You can try to help everyone out with cheap loans to individuals and businesses to pay off their mortgages, but that’s a just another short term plan, and has nothing to do with long time views.
And cheap loans won’t save the bottom from falling out. If you put it like that, people will actually understand: you don’t save a failing economy by pouring in cheap money. any more than a lick of paint will save a condemned building.
But at the same time, that’s all our political systems manage to come up with. While fervently hoping for, counting on, a miraculous recovery, and planning to make the poor pay by raising taxes when we’re “back to normal”. It’s just that there comes a time when the poor have nothing left to pay with, not even for their food. That’s when the bottom falls out.
To be continued. I have much more to say on this. Like: what to do now?
Look, it’s quite simple really: if you ask yourself, or your friends, or someone on the street, if they think the economy will recover within a “reasonable” timeframe, most will say yes. Conditioned by politicians, by the media, and by their own fear of what will be their fate if it doesn’t. But that is a giant blind spot. If half of businesses and half or restaurants are shut for good where ever it is you live, where would that recovery have to come from? Do ask yourself that question, and try not to be afraid of the answer for a moment.


investmentwatchblog--2020-07-10--Goldman Sachs Is Loading Up On Gold

Goldman Sachs Is Loading Up On Gold

Just when you didn ’ t need another reason to think that gold and # silver were going to rise @ @ @ @ @ Goldman Sachs has started loading up on gold .
Goldman appears on the recent COMEX @ @ @ @ @ the interview Maguire talks about why they are buying .
As well as the massive @ @ @ @ @ being demanded , and where they might be coming from .
It ’ s another @ @ @ @ @ and silver markets , so click to watch the video now !

Andrew Maguire interviewed by Chris Marcus on Arcadia Economics
Just when you didn’t need another reason to think that gold and #silver were going to rise, Andrew Maguire reports that Goldman Sachs has started loading up on gold.
We are primarily funded by readers. Please subscribe and donate to support us!
Goldman appears on the recent COMEX delivery report, and in the interview Maguire talks about why they are buying. As well as the massive amounts of silver that are being demanded, and where they might be coming from.
It’s another powerful interview on the gold and silver markets, so click to watch the video now!


investmentwatchblog--2020-07-10--James Woods: Just astonishing. Please watch. We are in a civil war

Just astonishing .
Please watch .
We are in a civil war .
pic.twitter.com/enqqvzOQzd

Just astonishing. Please watch. We are in a civil war. pic.twitter.com/enqqvzOQzd
— James Woods (@RealJamesWoods) July 10, 2020


investmentwatchblog--2020-07-10--Risk Seems to be Everywhere

Risk Seems to be Everywhere

Thank you for your commitment to helping others through this unsettling time .
Long before I found you , I was fascinated with the capital markets and historical financial crashes , in particular .
I spent many years on Wall Street ( and LaSalle ST ) building and marketing trading systems for the listed options industry .
Through the numerous currency failures , be they inflationary or deflationary , running to private assets has been a lifesaver for some clever enough to figure it out or those lucky to be serendipitously well positioned .
Yet , it is always about @ @ @ @ @ @ @ this question .
If the value of a currency is based on the productive power of the people behind the currency , it makes sense that Socrates is pointing to private assets going forward .
It seems to me that the very best private assets would be businesses that enjoy productive power ( not so easy to predict/choose in this environment ) .
Whether we are denominating in dollars , rice , or seashells , it seems that a solid business will crank out currency units in whatever form and be a good @ @ @ @ @ @ @ as an industrialist .
Controlling coal , steel , electricity , and other fundamental businesses , he was able to profit as the currency collapsed .
Stinnes continued this work straight through the introduction of the Rentenmark and Reichsmark seemingly not skipping a beat .
He possessed productive power but was also very politically connected , which is key to this question .
Later , The Third Reich was notorious for shutting down or nationalizing businesses .
We look to be headed in that direction .
For those accumulating profits in , for @ @ @ @ @ @ @ boom , or wheat contracts , or equities , the question is , how do we get out of those trades ?
What is the risk that we sell/trade at the right time only to have our assets seized ?
For example , do you foresee a day , here in the U.S. , whereby the government liquidates a portion of an account ’ s common shares for a bail-in or wealth tax ?
If so , then illiquid private placements ( productive real estate or businesses with durable Free Cash Flow ) @ @ @ @ @ @ @ and liquidate ) might be the only real safe haven .
The risk seems to be everywhere .
The risk most concerning and most difficult to predict or quantify is Government Risk – even here in the U.S .
I can understand why the very wealthy buy paintings and rare items .
Such items represent a real possibility to function as a “ time machine ” to bridge this insanity .
I would love to hear your thoughts .
Above all , Socrates is a lifesaver and I am humbled to have access @ @ @ @ @ @ @ a client who bought up all the old coins for scrap metal .
Then it turned out there was a shortage of metal so the old coins were deemed valid at a new exchange rate .
He made a fortune .
There are definitely commodities that will preserve wealth in times like this .
We must be careful about the Socialists , for they will do the same as the Nazis and nationalize just confiscating assets .
I believe the best shot we have is Socrates — let it monitor the subtle shifts @ @ @ @ @ @ @ on is the greed of those in power .
Just as I began to see the subtle shifts with the Repo Crisis last August 2019 , thereafter the markets were showing something was not right .
I stood up at the WEC in Orlando and warned that something was seriously wrong and that the market would undergo a serious correction with the turn in the ECM .
Historically , Socrates seems to pick up things we humans do not see because they are subtle .
It is like playing chess .
You have @ @ @ @ @ @ @ play in your mind the next several moves .
You will lose if you simply react on a one move at a time basis .
This is what Socrates is doing .
It is playing out strategies .
It looks for the possible paths and then monitors the movements across the entire globe to determine the eventual path .
This is why NOBODY can forecast the future with 100 % accuracy .
We can not as humans see all the possibilities .
Socrates is mapping out the future and it reveals the most @ @ @ @ @ @ @ Things can change and we get cycle inversions .
But it is always playing one region against another .
This is why all of these pundits fail because they focus typically just domestically and never see the trends coming from external factors .
Things are so bad in Europe and the politicians are deliberately blocking travel from the USA to Europe in an effort to overthrow Trump to further their New Green World Order .
In the process , before year-end , they will bankrupt at least 20 % of all small businesses @ @ @ @ @ @ @ Southern Europe .
These morons think they can placate the public with minimal subsistence from Guaranteed Basic Income they are beginning in Spain .
They will NOT be able to defeat the Monetary Crisis Cycle no matter what schemes they come up with .
This is totally insane .
Nevertheless , we will be monitoring what markets we need to exit in advance to try to preserve assets .
This is a game of survival of the fittest .
We do not have to run around naked on some island eating bugs .
@ @ @ @ @ @ @ and move to safe havens outside of urban cities for sure .

by Martin Armstrong
QUESTION: Dear Martin,
Thank you for your commitment to helping others through this unsettling time.
Long before I found you, I was fascinated with the capital markets and historical financial crashes, in particular. I spent many years on Wall Street (and LaSalle ST) building and marketing trading systems for the listed options industry.
Through the numerous currency failures, be they inflationary or deflationary, running to private assets has been a lifesaver for some clever enough to figure it out or those lucky to be serendipitously well positioned. Yet, it is always about timing. That is the subject of this question.
If the value of a currency is based on the productive power of the people behind the currency, it makes sense that Socrates is pointing to private assets going forward. It seems to me that the very best private assets would be businesses that enjoy productive power (not so easy to predict/choose in this environment). Whether we are denominating in dollars, rice, or seashells, it seems that a solid business will crank out currency units in whatever form and be a good hedge.
Hugo Stinnes emerged after WWI as an industrialist. Controlling coal, steel, electricity, and other fundamental businesses, he was able to profit as the currency collapsed. Stinnes continued this work straight through the introduction of the Rentenmark and Reichsmark seemingly not skipping a beat. He possessed productive power but was also very politically connected, which is key to this question. Later, The Third Reich was notorious for shutting down or nationalizing businesses. We look to be headed in that direction.
For those accumulating profits in, for example, mining stocks during the commodity boom, or wheat contracts, or equities, the question is, how do we get out of those trades? What is the risk that we sell/trade at the right time only to have our assets seized? For example, do you foresee a day, here in the U.S., whereby the government liquidates a portion of an account’s common shares for a bail-in or wealth tax? If so, then illiquid private placements (productive real estate or businesses with durable Free Cash Flow) that are very hard to value (and liquidate) might be the only real safe haven.
The risk seems to be everywhere. The risk most concerning and most difficult to predict or quantify is Government Risk – even here in the U.S. I can understand why the very wealthy buy paintings and rare items. Such items represent a real possibility to function as a “time machine” to bridge this insanity.
We are primarily funded by readers. Please subscribe and donate to support us!
I would love to hear your thoughts. Above all, Socrates is a lifesaver and I am humbled to have access.
With respect,
JC
Texas
ANSWER: Yes, I knew a client who bought up all the old coins for scrap metal. Then it turned out there was a shortage of metal so the old coins were deemed valid at a new exchange rate. He made a fortune. There are definitely commodities that will preserve wealth in times like this. We must be careful about the Socialists, for they will do the same as the Nazis and nationalize just confiscating assets.
I believe the best shot we have is Socrates — let it monitor the subtle shifts. The one thing you can count on is the greed of those in power. Just as I began to see the subtle shifts with the Repo Crisis last August 2019, thereafter the markets were showing something was not right. I stood up at the WEC in Orlando and warned that something was seriously wrong and that the market would undergo a serious correction with the turn in the ECM.
Historically, Socrates seems to pick up things we humans do not see because they are subtle. It is like playing chess. You have to come up with a strategy and play in your mind the next several moves. You will lose if you simply react on a one move at a time basis. This is what Socrates is doing. It is playing out strategies. It looks for the possible paths and then monitors the movements across the entire globe to determine the eventual path. This is why NOBODY can forecast the future with 100% accuracy. We cannot as humans see all the possibilities. Socrates is mapping out the future and it reveals the most likely path and course of action.
Things can change and we get cycle inversions. But it is always playing one region against another. This is why all of these pundits fail because they focus typically just domestically and never see the trends coming from external factors. Things are so bad in Europe and the politicians are deliberately blocking travel from the USA to Europe in an effort to overthrow Trump to further their New Green World Order. In the process, before year-end, they will bankrupt at least 20% of all small businesses and wipe out the tourist trade for Southern Europe. These morons think they can placate the public with minimal subsistence from Guaranteed Basic Income they are beginning in Spain.
They will NOT be able to defeat the Monetary Crisis Cycle no matter what schemes they come up with. This is totally insane. Nevertheless, we will be monitoring what markets we need to exit in advance to try to preserve assets. This is a game of survival of the fittest. We do not have to run around naked on some island eating bugs. But we may have to take precautions and move to safe havens outside of urban cities for sure.


investmentwatchblog--2020-07-10--The 2020 Election & Supreme Court Ruling

QUESTION : What does the new Supreme Court decision on the electoral college really mean ?
Does this prevent Hillary @ @ @ @ @ ANSWER : It means that the delegates must vote for the popular vote in their @ @ @ @ @ the national election .
Nevertheless , this does not address what if Joe Biden were @ @ @ @ @ somehow become mentally disabled after the primary elections yet before the Democratic Convention .
This @ @ @ @ @ only comes into play with the actual national election and does NOT involve the primaries @ @ @ @ @ disturb the fact that , should there be a tie in the Electoral College , @ @ @ @ @ a “ contingent election ” where the election of the president then goes to the @ @ @ @ @ state delegation casts one vote for one of the top three contenders to determine a @ @ @ @ @ only twice so far in history during the election of 1800 and 1824 .

by Martin Armstrong
QUESTION: What does the new Supreme Court decision on the electoral college really mean? Does this prevent Hillary from becoming the candidate?
HF
We are primarily funded by readers. Please subscribe and donate to support us!
ANSWER: It means that the delegates must vote for the popular vote in their state, based only on the national election. Nevertheless, this does not address what if Joe Biden were to slip and fall or somehow become mentally disabled after the primary elections yet before the Democratic Convention. This is the electoral college that only comes into play with the actual national election and does NOT involve the primaries.
This also does not disturb the fact that, should there be a tie in the Electoral College, this is what is called a “contingent election” where the election of the president then goes to the House of Representatives. Each state delegation casts one vote for one of the top three contenders to determine a winner. This took place only twice so far in history during the election of 1800 and 1824.


investmentwatchblog--2020-07-10--CO2 = 0.04% of the Atmosphere – It’s All Propaganda for Socialism

COMMENT : If all of these scientists claim that CO2 will fry us in a few years , how can @ @ @ @ @ % ?
ANSWER : You are buying into an agenda that is really not about @ @ @ @ @ you look at NASA ’ s own site , you will find that CO2 only @ @ @ @ @ the atmosphere .
Please explain how CO2 is so dangerous that it will “ fry @ @ @ @ @ in a few short years ?
I would prefer to be dead than to live @ @ @ @ @ are trying to create — the third attempt to seize the world with Marxism .
@ @ @ @ @ , that too is a very clever fraud .
You accept whatever they say , @ @ @ @ @ we will lose all our liberties since you question me but not them .
I @ @ @ @ @ ; they will because they seek power !

by Martin Armstrong
COMMENT: If all of these scientists claim that CO2 will fry us in a few years, how can you argue against this 97%?
WJ
We are primarily funded by readers. Please subscribe and donate to support us!
ANSWER: You are buying into an agenda that is really not about climate change/global warming. If you look at NASA’s own site, you will find that CO2 only makes up 0.04% of the atmosphere. Please explain how CO2 is so dangerous that it will “fry” us all to death in a few short years? I would prefer to be dead than to live in the world these people are trying to create — the third attempt to seize the world with Marxism.
As for your 97%, that too is a very clever fraud. You accept whatever they say, and because of you, we will lose all our liberties since you question me but not them. I will not take your liberty; they will because they seek power!


investmentwatchblog--2020-07-10--The US is near to joining the ever growing world of negative interest-rates

Sometimes a piece of news comes with a splash of deja vu or if you prefer groundhog day .
I had that sort of feeling last night when I noted via a tweet from John Authers who used to write The Long View at the Financial Times that the US five-year bond yield had fallen to a new low of 0.28 % .
My immediate thought was is it going negative too ?
We have seen this happen in the Euro area with Germany the leader of the pack .
More recently we have seen it in my home country @ @ @ @ @ @ @ five-year bond or Gilt yields have been negative for several weeks now .
That is really rather extraordinary in the UK ’ s case but we know that these events are accompanied by a litany of official and media denials .
We have become used to bond markets being like the puppet on a string that Sandie Shaw sang about in the 1960s.That was true as the Fed slashed interest-rates to the present just above zero and started on a wave of Treasury Bond purchases that peaked at 125 billion Dollars a day @ @ @ @ @ @ @ a very tight grip on the string with market players becoming marionettes .
But now the rate of purchases has fallen since the beginning of June to 80 billion Dollars a month.There will be a knock-on effect from the 40 billion Dollars a month of Mortgage-backed Securities but even so the net effect since June began is the same as the daily peak .
It is a sign of the times that such numbers now seem so small but compared to the scale of Treasury Bond issuance they are .
With the way @ @ @ @ @ @ @ be spreading again in somes US states that looks likely to be exceeded .
So Mr and indeed Ms Market are buying US Treasuries .
This idea has come to prominence as the US Federal Reserve has looked across the Pacific to Japan .
There the Bank of Japan has targeted the benchmark ten-year yield aiming to keep it initially around -0.1 % and now between it and 0 % .
Frankly I do not think it could be clearer cut that this is really about allowing the government to borrow cheaply and @ @ @ @ @ @ @ all .
It is not for the economic impact as pre pandemic the Japanese economy was shrinking .
Putting it another way you do not change the name of a success and yet in Japan we have had QE , QQE and now Yield Curve Control .
A side – effect of this is that the bond market effectively dies in terms of volume so once you start it you end up si ging along with Elvis .
So we seem to be in a situation where some market players are simply front @ @ @ @ @ @ @ to do .
It used to be the case that bond markets rallies like this required equity market falls , if not plunges .
Whereas now Yahoo reports this .
As you can see the FAANGs continue to surge and are taking the NASDAQ with them .
Some of this is being oiledby the centrl banks with the Bank of England joining the US Federal Reserve in buying Apple bonds .
Overnight we have seen ralies in China too so we see in the modern liquidity driven era that asset markets run in @ @ @ @ @ @ @ hedging and risk management .
Officially the story is that there isn ’ t any but I notice that fewer and fewer people buy that these days .
The US CPI is essentially unchanged on a year ago but there is a catch .
The essential items people have been buying have risen in price whilst the things they haven ’ t have been falling .
What could go wrong ?
However you spin it there is very little allowance for inflation in a 0.28 % five-year yield and the real yield will @ @ @ @ @ @ @ the economic outlook until now so let me bring it into play .
This week ’ s pandemic news means they seem set to subtract some of the expected growth for Q3 .
Thus not only has the outlook turned down it remains extremely volatile .
Ordinarily I would say that would make bonds more attractive but of course that relied on them having a yield which these days is fast disappearing .
Another source of demand comes from the US Dollar because the safest place to hold Dollars is in Treasury Bonds @ @ @ @ @ @ @ more Aloe Black will be singing ” I need a $ a $ is what I need ” On these roads we see that US Treasury Bond yields are slip-sliding away and the two-year at 0.15 % is in the van .
In my country the UK when the final push came it happened quite quickly .

by Shaun Richards
Sometimes a piece of news comes with a splash of deja vu or if you prefer groundhog day. I had that sort of feeling last night when I noted via a tweet from John Authers who used to write The Long View at the Financial Times that the US five-year bond yield had fallen to a new low of 0.28 %. My immediate thought was is it going negative too? We have seen this happen in the Euro area with Germany the leader of the pack. More recently we have seen it in my home country the UK where both the two-year and five-year bond or Gilt yields have been negative for several weeks now. That is really rather extraordinary in the UK’s case but we know that these events are accompanied by a litany of official and media denials.
US Federal Reserve
We have become used to bond markets being like the puppet on a string that Sandie Shaw sang about in the 1960s.That was true as the Fed slashed interest-rates to the present just above zero and started on a wave of Treasury Bond purchases that peaked at 125 billion Dollars a day. At that point the Fed took a very tight grip on the string with market players becoming marionettes.
But now the rate of purchases has fallen since the beginning of June to 80 billion Dollars a month.There will be a knock-on effect from the 40 billion Dollars a month of Mortgage-backed Securities but even so the net effect since June began is the same as the daily peak. It is a sign of the times that such numbers now seem so small but compared to the scale of Treasury Bond issuance they are.
During the July – September 2020 quarter, Treasury expects to borrow $677 billion in privately-held net marketable debt, assuming an end-of-September cash balance of $800 billion.
With the way that the Covid -19 pandemic seems to be spreading again in somes US states that looks likely to be exceeded. So Mr and indeed Ms Market are buying US Treasuries.
Yield Curve Control
This idea has come to prominence as the US Federal Reserve has looked across the Pacific to Japan. There the Bank of Japan has targeted the benchmark ten-year yield aiming to keep it initially around -0.1% and now between it and 0%. Frankly I do not think it could be clearer cut that this is really about allowing the government to borrow cheaply and in some cases at no cost at all. It is not for the economic impact as pre pandemic the Japanese economy was shrinking. Putting it another way you do not change the name of a success and yet in Japan we have had QE,QQE and now Yield Curve Control.
A side – effect of this is that the bond market effectively dies in terms of volume so once you start it you end up si ging along with Elvis.
We’re caught in a trap
I can’t walk out
Because I love you too much, baby
So we seem to be in a situation where some market players are simply front – running what they expect the Fed to do.
Stock Markets
We are primarily funded by readers. Please subscribe and donate to support us!
It used to be the case that bond markets rallies like this required equity market falls, if not plunges. Whereas now Yahoo reports this.
The broader market, however, ended Thursday’s session lower. While the Nasdaq Composite powered to yet another record high, S&P 500 ended lower, and the Dow fell by 361 points, or 1.4%, for its lowest close in six days. Each of Apple, Amazon, Netflix and Microsoft hit record closing levels again on Thursday, with investors crowding further into tech and software names viewed as most likely to recover strongly in the wake of the pandemic.
As you can see the FAANGs continue to surge and are taking the NASDAQ with them. Some of this is being oiledby the centrl banks with the Bank of England joining the US Federal Reserve in buying Apple bonds. Overnight we have seen ralies in China too so we see in the modern liquidity driven era that asset markets run in a pack. So much for both hedging and risk management.
Inflation
Officially the story is that there isn’t any but I notice that fewer and fewer people buy that these days. The US CPI is essentially unchanged on a year ago but there is a catch.
Declines in the indexes for motor vehicle insurance, energy, and apparel more than
offset increases in food and shelter indexes to result in the monthly decrease in
the seasonally adjusted all items index. The gasoline index declined 3.5 percent
in May, leading to a 1.8-percent decline in the energy index. The food index, in
contrast, increased 0.7 percent in May as the index for food at home rose 1.0
percent.
The essential items people have been buying have risen in price whilst the things they haven’t have been falling. What could go wrong?
However you spin it there is very little allowance for inflation in a 0.28% five-year yield and the real yield will be negative.
Comment
I have left out the economic outlook until now so let me bring it into play.
ew York Fed Staff Nowcast
The New York Fed Staff Nowcast stands at -15.1% for 2020:Q2 and 10.4% for 2020:Q3.
News from this week’s data releases increased the nowcast for 2020:Q2 by 1.2 percentage points and increased the nowcast for 2020:Q3 by 8.9 percentage points.
This week’s pandemic news means they seem set to subtract some of the expected growth for Q3. Thus not only has the outlook turned down it remains extremely volatile. Ordinarily I would say that would make bonds more attractive but of course that relied on them having a yield which these days is fast disappearing.
Another source of demand comes from the US Dollar because the safest place to hold Dollars is in Treasury Bonds. The more uncertain things look the more Aloe Black will be singing ” I need a $ a $ is what I need”
On these roads we see that US Treasury Bond yields are slip-sliding away and the two-year at 0.15% is in the van. In my country the UK when the final push came it happened quite quickly.


investmentwatchblog--2020-07-10--Virus, Or Politics? Mayor (Who Attended BLM Protest) Cancels Texas GOP Convention For Public Health

by Daniel McAdams and Ron Paul of Ron Paul Liberty Report Houston ’ s Democrat Mayor Sylvester Turner heaped praise @ @ @ @ @ protests , which drew tens of thousands of people tightly packed into the city .
@ @ @ @ @ .
Coronavirus was no problem , the protests were too important .
Yesterday Mayor Turner @ @ @ @ @ Party convention , which was to be held in Houston and would bring in a @ @ @ @ @ of those who attended the Floyd protest .
The mayor ’ s reason to cancel @ @ @ @ @ Coronavirus !
Is this really about public health…or is it something else ?

by Daniel McAdams and Ron Paul of Ron Paul Liberty Report
We are primarily funded by readers. Please subscribe and donate to support us!
Houston’s Democrat Mayor Sylvester Turner heaped praise on the recent George Floyd protests, which drew tens of thousands of people tightly packed into the city. He even addressed the crowd. Coronavirus was no problem, the protests were too important. Yesterday Mayor Turner cancelled the Texas state Republican Party convention, which was to be held in Houston and would bring in a tiny fraction of the numbers of those who attended the Floyd protest. The mayor’s reason to cancel the Republican Party convention? Coronavirus! Is this really about public health…or is it something else?


investmentwatchblog--2020-07-10--Ebay Will no Longer Using Paypal For Transactions

I own an eBay company so I know just how much this means for eBay .
This is HUGE for them .
What ’ s happening : So up until now , each and every transaction made on eBay was processed through Paypal .
Ebay took 10 % per transaction and Paypal took an additional 2.9 % + $ 0.30 per transaction .
However , eBay has now introduced “ managed payments ” which will completely eliminate paypal from transactions and allow sellers to transfer directly to their bank account from eBay instead of paypal .
Ebay will also collect @ @ @ @ @ @ @ are they eliminating paypal , they are profiting by taking the fees that paypal would have took .
What this means : eBay sellers are definitely going to benefit from not having to pay Paypal fees and eBay is going to benefit from taking an additional 1.5 % + $ 0.25 that Paypal would have taken .
It ’ s a win-win situation for eBay .
eBay will definitely have increased revenue because of this as they are essentially taking over Paypal ’ s role in thier business .
Paypal on the other @ @ @ @ @ @ @ money as a decent percentage of their transactional revenue comes from eBay .
When will these changes occur ?
eBay is slowly transitioning to managed payments but states that by the end of 2020 , most sellers will have managed payments .
However , eBay is making this mandatory for sellers and won ’ t allow anyone to sell on their site unless they enroll in managed payments .
The effects of this will become noticable within the upcoming quarters or at most early 2021 .
So eBay stock will rise substantially within @ @ @ @ @ @ @ revenue from managed payments .
TLDR : eBay is taking over Paypal ’ s role in their business and profiting by charging a similar , slightly lowered percentage that will generate a ton of revenue and help sellers .
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 wsb_roulette
I own an eBay company so I know just how much this means for eBay. This is HUGE for them.
What’s happening: So up until now, each and every transaction made on eBay was processed through Paypal. Ebay took 10% per transaction and Paypal took an additional 2.9% + $0.30 per transaction. However, eBay has now introduced “managed payments” which will completely eliminate paypal from transactions and allow sellers to transfer directly to their bank account from eBay instead of paypal. Ebay will also collect fees for doing this so not only are they eliminating paypal, they are profiting by taking the fees that paypal would have took.
So here’s the basic change:
Before: eBay: 10%. Paypal: 2.9%+$0.30
Now: eBay: 11.5%+$0.25. Paypal: Nothing
We are primarily funded by readers. Please subscribe and donate to support us!
What this means: eBay sellers are definitely going to benefit from not having to pay Paypal fees and eBay is going to benefit from taking an additional 1.5% + $0.25 that Paypal would have taken. It’s a win-win situation for eBay. eBay will definitely have increased revenue because of this as they are essentially taking over Paypal’s role in thier business. Paypal on the other hand, is definitely going to lose money as a decent percentage of their transactional revenue comes from eBay.
When will these changes occur? eBay is slowly transitioning to managed payments but states that by the end of 2020, most sellers will have managed payments. However, eBay is making this mandatory for sellers and won’t allow anyone to sell on their site unless they enroll in managed payments. The effects of this will become noticable within the upcoming quarters or at most early 2021. So eBay stock will rise substantially within the next 6-12 months due to increased revenue from managed payments.
—-
TLDR: eBay is taking over Paypal’s role in their business and profiting by charging a similar, slightly lowered percentage that will generate a ton of revenue and help sellers.
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--2020-07-10--[NYTimes] Sources describe horror stories of young and inexperienced investors on Robinhood, many en

[NYTimes] Sources describe horror stories of young and inexperienced investors on Robinhood, many engaging in riskier trades at far higher volumes than at other firms

Richard Dobatse , a Navy medic in San Diego , dabbled infrequently in stock trading .
But his behavior changed in 2017 when he signed up for Robinhood , a trading app that made buying and selling stocks simple and seemingly free .
Mr. Dobatse , now 32 , said he had been charmed by Robinhood ’ s one-click trading , easy access to complex investment products , and features like falling confetti and emoji-filled phone notifications that made it feel like a game .
After funding his account with $ 15,000 in credit card advances , he began spending @ @ @ @ @ @ @ he repeatedly lost money , Mr. Dobatse took out two $ 30,000 home equity loans so he could buy and sell more speculative stocks and options , hoping to pay off his debts .
His account value shot above $ 1 million this year — but almost all of that recently disappeared .
This week , his balance was $ 6,956 .
“ When he is doing his trading , he won ’ t want to eat , ” said his wife , Tashika Dobatse , with whom he has three children .
@ @ @ @ @ @ @ of young Americans have begun investing in recent years through Robinhood , which was founded in 2013 with a sales pitch of no trading fees or account minimums .
The ease of trading has turned it into a cultural phenomenon and a Silicon Valley darling , with the start-up climbing to an $ 8.3 billion valuation .
It has been one of the tech industry ’ s biggest growth stories in the recent market turmoil .

www.nytimes.com/2020/07/08/technology/robinhood-risky-trading.html
Richard Dobatse, a Navy medic in San Diego, dabbled infrequently in stock trading. But his behavior changed in 2017 when he signed up for Robinhood, a trading app that made buying and selling stocks simple and seemingly free.
Mr. Dobatse, now 32, said he had been charmed by Robinhood’s one-click trading, easy access to complex investment products, and features like falling confetti and emoji-filled phone notifications that made it feel like a game. After funding his account with $15,000 in credit card advances, he began spending more time on the app.
As he repeatedly lost money, Mr. Dobatse took out two $30,000 home equity loans so he could buy and sell more speculative stocks and options, hoping to pay off his debts. His account value shot above $1 million this year — but almost all of that recently disappeared. This week, his balance was $6,956.
“When he is doing his trading, he won’t want to eat,” said his wife, Tashika Dobatse, with whom he has three children. “He would have nightmares.”
Millions of young Americans have begun investing in recent years through Robinhood, which was founded in 2013 with a sales pitch of no trading fees or account minimums. The ease of trading has turned it into a cultural phenomenon and a Silicon Valley darling, with the start-up climbing to an $8.3 billion valuation. It has been one of the tech industry’s biggest growth stories in the recent market turmoil.


investmentwatchblog--2020-07-10--Tracking by JPMorgan of 30 million credit/debit cardholders shows spending has stalled since late Ju

Tracking by JPMorgan of 30 million credit/debit cardholders shows spending has stalled since late June; with activity widespread across states, data suggest it may be difficult for risky assets to rise much further

The U.S. Is Battling Two Recessions , Not Just One The country is in the middle of two simultaneous downturns @ @ @ @ @ by fear of coronavirus and a longer-term slump that will look more like a traditional @ @ @ @ @ latter is just beginning .
With theaters , museums and stadiums closed , the city @ @ @ @ @ self at the height of the summer tourist season .

Tracking by @jpmorgan of 30 million credit/debit cardholders shows spending has stalled since late June; with activity widespread across states, data suggest it may be difficult for risky assets to rise much further pic.twitter.com/8KO5yk2LPr — Liz Ann Sonders (@LizAnnSonders) July 10, 2020
Coronavirus will cost banks over $2 trillion in loan losses: S&P Global t.co/0MshA5cNbO — Reuters China (@ReutersChina) July 9, 2020
Back in March, during the height of the Coronacrisis, the Treasury extended the April 15 tax date to July 15. That means corporations and individuals will be making
large tax payments to the Treasury on July 15. We could see some funding pressure beginning next Wednesday — Scott Skyrm (@ScottSkyrm) July 10, 2020
The country is in the middle of two simultaneous downturns — a short-term seizure caused by fear of coronavirus and a longer-term slump that will look more like a traditional recession. Unfortunately, the latter is just beginning.
We are primarily funded by readers. Please subscribe and donate to support us!
With theaters, museums and stadiums closed, the city looks nothing like its usual self at the height of the summer tourist season.