investmentwatchblog--2020-06-23--A Stealth Double Dip Or Bear Market Has Started

by Chris Vermeulen of The Technical Traders The stock has gone through many cycles since the 2000 tech bubble .
The tech bubble was the last significant time the stock market ’ s popularity among individuals piqued their interest in such a huge way similar to what we see now in the markets .
Market legend Jeremy Grantham recently talked on CNBC about the price action in the markets is the “ Real McCoy ” of bubbles .
We will get back to his insight later in this article , but let ’ s get into some technical analysis that @ @ @ @ @ @ @ market bubble could burst .
When it does , it ’ s going to seriously hurt all the newly unemployed and sports betting traders who don ’ t know better yet how the markets move .
The stock market and how it moves is always evolving .
Since 2008 when the FED stepped into the bailout America , which manipulated the financial system , the markets have been riddled with new policies by presidents and the Fed .
Instead of letting the markets naturally correct and revalue stock prices with each economic cycle @ @ @ @ @ @ @ happened in the past ) , now , leaders and central bankers don ’ t want to let the music stop .
Now they are pushing money into the economy and making the rules/policies/taxes better for each business .
Unfortunately , we know how all this fiscal stimulus and manipulation will ultimately end .
Changing rules/policies , pumping money into the economy , and giving out free money , may help short term , but this only worsens everyone down the road .
Currently , traders and investors think they have the fed @ @ @ @ @ @ @ on if things get tough and that there are no financial threats to a falling stock market .
Traders are paying a premium for stocks and buying ever pause of dip .
While all those traders may be feeling great with position and gains , they can and will likely all be wiped out soon enough if position sizing and risk management are not in place for each position held .
Don ’ t get me wrong , I am not a doomsday kind of person , but this is “ Crazy Stuff @ @ @ @ @ @ @ interview .
Ok , now with that rant behind us , let ’ s move on to three simple charts that paint a clear picture because last week ’ s closing price action is potentially the beginning of something ugly .
I know my team , and I have been talking about a market top and lower prices for a long time as we are trying to warn as many traders and investors as we possibly can .
Unfortunately , the FOMO ( fear of missing out ) on this rally has taken @ @ @ @ @ @ @ buy buy buy and think it ’ s smooth sailing from here , which we believe is not the case .
Going against the herd during extreme sentiment times like this is tough to do .
Take a look at these charts for a simple view of the market internals weakening and how it has proved to play out in the past .
This chart is fairly clear in showing that when 50 % or more of stocks are trading above the 200-day moving average , we are in a bull market .
@ @ @ @ @ @ @ , it does lag , but the setup with the red arrows shows the strong stock market rally in the top , and the breakdown below 50 % and the rebound of stocks trading over the 200 moving average .
This is what happened during the last bull and bear market and just like what we are experiencing now .
This chart shows a few interesting things .
First , the number of stocks trading over the 200-day moving average is below 50 % .
Last week this value had a massive reversal @ @ @ @ @ @ @ experiencing momentum moves to the upside and are now starting to be sold .
Momentum stocks are when stocks move so quickly to the upside that everyone has FOMO and just chasing prices higher .
Once they begin to roll over , everyone panics and dumps the shares , and the share value falls fast and hard .
This is a bearish sign because once the momentum stalls , we know what goes straight up , generally comes straight back down for at least half of the recent rally .
The other pattern @ @ @ @ @ @ @ pattern .
This indicates price instability and adds more risk to investors ’ long stocks and not planning to dump them when things turn south .
Since 2015 the market has had all kinds of landmines and manipulation form fed , new tax policies , etc .
In my opinion , and many others I have talked with 2015/2016 , the market was ready for a normal correction cycle ( bear market ) , but the new policies put in place supercharged the economy for another mega wave higher , which brings us @ @ @ @ @ @ @ , when you start gaming the system and changing the rules , things become uncertain and unstable long term , which eventually leads to failure .
Megaphone patterns show precisely the unstable price and health of the market .
Bonds have been holding up exceptionally well during this fed induced rally .
Bonds tend to lead the stock market and start to rally or at least outperform stocks before the stock market corrects in any significant way .
For example , in January this year , we traded GDXJ and TLT as they @ @ @ @ @ @ @ much higher prices vs. the stock market .
GDXJ we locked in 10 % and exited the position it at the high tick the day when gold miners topped and fell 57 % over the next few weeks .
That price level , which we exited was a significant resistance zone and was our target price to exit .
TLT had broken out of a huge bull flag and was starting to outperform stocks .
We purchased TLT and ended up closing that out for over 20 % as the stock market crashed @ @ @ @ @ @ @ warned us that the stock market was becoming fragile but provided great trading opportunities .
This shows you the power of using inter-market analysis , technical analysis , and predefined trading rules .
By using these techniques , you don ’ t get sucked into the emotional side of trading , which leads to falling in love with winners and not selling them until they turn into losers you that you can ’ t handle the size of the loss anymore .
If you have not yet watched this video where I compile @ @ @ @ @ @ @ crash months before it happened , the 30 % rally prediction , and more on what I am talking about in this article , be sure to watch this video .
If you have time for another video Jeremy Grantham Insight Is So Spot-On and Eye Opening !
In short , I hope you glean something useful from this article and that I don ’ t come across as a doomsday kind of guy .
If this is the start of a double-dip , it ’ s going to be huge , and @ @ @ @ @ @ @ a bear market , it is going to be life-changing .
If you are new to trading , technical analysis , or are a long term passive investor worried about what to do , you can follow my lead .
I share both my investing signals and more active swing trade signals using simple ETFs at www.TheTechncialTraders.com

by Chris Vermeulen of The Technical Traders
The stock has gone through many cycles since the 2000 tech bubble. The tech bubble was the last significant time the stock market’s popularity among individuals piqued their interest in such a huge way similar to what we see now in the markets.
Market legend Jeremy Grantham recently talked on CNBC about the price action in the markets is the “Real McCoy” of bubbles. We will get back to his insight later in this article, but let’s get into some technical analysis that helps us see when and where the market bubble could burst. When it does, it’s going to seriously hurt all the newly unemployed and sports betting traders who don’t know better yet how the markets move.
The stock market and how it moves is always evolving. Since 2008 when the FED stepped into the bailout America, which manipulated the financial system, the markets have been riddled with new policies by presidents and the Fed.
Instead of letting the markets naturally correct and revalue stock prices with each economic cycle (which is more or less what happened in the past), now, leaders and central bankers don’t want to let the music stop. Now they are pushing money into the economy and making the rules/policies/taxes better for each business.
Unfortunately, we know how all this fiscal stimulus and manipulation will ultimately end. Changing rules/policies, pumping money into the economy, and giving out free money, may help short term, but this only worsens everyone down the road.
Currently, traders and investors think they have the fed acting like their parents to fall back on if things get tough and that there are no financial threats to a falling stock market. Traders are paying a premium for stocks and buying ever pause of dip. While all those traders may be feeling great with position and gains, they can and will likely all be wiped out soon enough if position sizing and risk management are not in place for each position held.
Don’t get me wrong, I am not a doomsday kind of person, but this is “Crazy Stuff” as Jeremy said in his recent interview.
Ok, now with that rant behind us, let’s move on to three simple charts that paint a clear picture because last week’s closing price action is potentially the beginning of something ugly.
I know my team, and I have been talking about a market top and lower prices for a long time as we are trying to warn as many traders and investors as we possibly can. Unfortunately, the FOMO (fear of missing out) on this rally has taken over peoples emotions and forcing them to buy buy buy and think it’s smooth sailing from here, which we believe is not the case. Going against the herd during extreme sentiment times like this is tough to do.
Take a look at these charts for a simple view of the market internals weakening and how it has proved to play out in the past.
S&P 500 VS STOCKS TRADING ABOVE 200-DAY MA
2004-2009 BULL & BEAR MARKET
This chart is fairly clear in showing that when 50% or more of stocks are trading above the 200-day moving average, we are in a bull market. It is not a short term indicator, it does lag, but the setup with the red arrows shows the strong stock market rally in the top, and the breakdown below 50% and the rebound of stocks trading over the 200 moving average. This is what happened during the last bull and bear market and just like what we are experiencing now.
S&P 500 VS STOCKS TRADING ABOVE 200-DAY MA
2014 – 2020 BULL & BEAR MARKET
This chart shows a few interesting things. First, the number of stocks trading over the 200-day moving average is below 50%. Last week this value had a massive reversal indicating the majority of stocks have been experiencing momentum moves to the upside and are now starting to be sold.
We are primarily funded by readers. Please subscribe and donate to support us!
Momentum stocks are when stocks move so quickly to the upside that everyone has FOMO and just chasing prices higher. Once they begin to roll over, everyone panics and dumps the shares, and the share value falls fast and hard. This is a bearish sign because once the momentum stalls, we know what goes straight up, generally comes straight back down for at least half of the recent rally.
The other pattern that is of concern is the megaphone pattern. This indicates price instability and adds more risk to investors’ long stocks and not planning to dump them when things turn south.
Since 2015 the market has had all kinds of landmines and manipulation form fed, new tax policies, etc. In my opinion, and many others I have talked with 2015/2016, the market was ready for a normal correction cycle (bear market), but the new policies put in place supercharged the economy for another mega wave higher, which brings us to today. As I mentioned before, when you start gaming the system and changing the rules, things become uncertain and unstable long term, which eventually leads to failure. Megaphone patterns show precisely the unstable price and health of the market.
BONDS POINT TO NEAR TERM MARKET WEAKNESS
Bonds have been holding up exceptionally well during this fed induced rally. Bonds tend to lead the stock market and start to rally or at least outperform stocks before the stock market corrects in any significant way.
For example, in January this year, we traded GDXJ and TLT as they were leading the way and pointing to much higher prices vs. the stock market. GDXJ we locked in 10% and exited the position it at the high tick the day when gold miners topped and fell 57% over the next few weeks. That price level, which we exited was a significant resistance zone and was our target price to exit.
TLT had broken out of a huge bull flag and was starting to outperform stocks. We purchased TLT and ended up closing that out for over 20% as the stock market crashed.
Both of these assets not only warned us that the stock market was becoming fragile but provided great trading opportunities.
This shows you the power of using inter-market analysis, technical analysis, and predefined trading rules. By using these techniques, you don’t get sucked into the emotional side of trading, which leads to falling in love with winners and not selling them until they turn into losers you that you can’t handle the size of the loss anymore.
If you have not yet watched this video where I compile our recent major calls of the Feb crash months before it happened, the 30% rally prediction, and more on what I am talking about in this article, be sure to watch this video.
If you have time for another video Jeremy Grantham Insight Is So Spot-On and Eye Opening!
See Jeremy’s Video
CONCLUDING THOUGHTS:
In short, I hope you glean something useful from this article and that I don’t come across as a doomsday kind of guy. If this is the start of a double-dip, it’s going to be huge, and if it’s the start of a bear market, it is going to be life-changing.
If you are new to trading, technical analysis, or are a long term passive investor worried about what to do, you can follow my lead. I share both my investing signals and more active swing trade signals using simple ETFs at www.TheTechncialTraders.com
Chris Vermeulen
Chief Market Strategist
www.TheTechnicalTraders.com


investmentwatchblog--2020-06-23--ALABAMA: Plane Flies Confederate Flag Over Talladega Speedway With A Banner That Reads DEFUND NASCAR

NASCAR has banned the Confederate flag from being displayed at its events , but supporters of the symbol still managed @ @ @ @ @ the race was postponed to Monday because of inclement weather .
Vehicles lined the boulevard @ @ @ @ @ , Alabama , waving the flag and a plane flew above the track towing a @ @ @ @ @ that read , “ Defund NASCAR.
” “ They ’ re doing very well , @ @ @ @ @ Alabama , resident , who has been selling an array of wares at NASCAR races @ @ @ @ @ People are disappointed that NASCAR has taken that stance .
It ’ s been around @ @ @ @ @ of us have been .
I don ’ t think anybody really connects it to @ @ @ @ @ anything .
It ’ s just a Southern thing .
It ’ s transparent .
@ @ @ @ @ heritage thing .
”

NASCAR sees Confederate flags fly outside Talladega Superspeedway
NASCAR has banned the Confederate flag from being displayed at its events, but supporters of the symbol still managed to be seen Sunday before the race was postponed to Monday because of inclement weather.
Vehicles lined the boulevard outside Talladega Superspeedway in Lincoln, Alabama, waving the flag and a plane flew above the track towing a banner of a Confederate flag that read, “Defund NASCAR.”
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“They’re doing very well,” said the Helena, Alabama, resident, who has been selling an array of wares at NASCAR races for 21 years. “People are disappointed that NASCAR has taken that stance. It’s been around for as long as all of us have been. I don’t think anybody really connects it to any kind of racism or anything. It’s just a Southern thing. It’s transparent. It’s just a heritage thing.”
www.espn.com/racing/nascar/story/_/id/29344050/nascar-sees-confederate-flags-fly-talladega-superspeedway
h/t CrsCrpr


investmentwatchblog--2020-06-23--China warned to prepare for being cut off from US dollar payment system

I think this is big deal China must prepare for the risks of being cut off from the US dollar @ @ @ @ @ United States sanctions Chinese companies and banks , just like Washington did with Russian institutions @ @ @ @ @ regulator said on Monday .
Fang Xinghai , a vice-chairman at the China Securities Regulatory @ @ @ @ @ China mainly relies on the US dollar payment system in international deals , it makes @ @ @ @ @ sanctions .

I think this is big deal
China must prepare for the risks of being cut off from the US dollar payment system in case the United States sanctions Chinese companies and banks, just like Washington did with Russian institutions, a senior Chinese financial regulator said on Monday.
Fang Xinghai, a vice-chairman at the China Securities Regulatory Commission, said that as China mainly relies on the US dollar payment system in international deals, it makes it vulnerable to possible US sanctions.
We are primarily funded by readers. Please subscribe and donate to support us!
www.scmp.com/economy/china-economy/article/3090119/china-warned-prepare-being-cut-us-dollar-payment-system-part


investmentwatchblog--2020-06-23--IRS discontinuing incentive payments for employees who go into office: the IRS will no longer be giv

IRS discontinuing incentive payments for employees who go into office: the IRS will no longer be giving employees 10-25% pay increase for going into the office during the coronavirus pandemic.

The IRS discontinued incentive payments for employees who volunteered to return to the office amid the pandemic .
The National @ @ @ @ @ IRS ended the payments June 6 .
The agency gave certain employees a 10-25 % @ @ @ @ @ filing season tasks that aren ’ t possible through telework .
From now on the @ @ @ @ @ special act award for volunteering to come back to work at campuses that otherwise remain @ @

The IRS discontinued incentive payments for employees who volunteered to return to the office amid the pandemic. The National Treasury Employees Union says the IRS ended the payments June 6. The agency gave certain employees a 10-25% pay increase for completing tax filing season tasks that aren’t possible through telework. From now on the agency will give employees a special act award for volunteering to come back to work at campuses that otherwise remain closed.


investmentwatchblog--2020-06-23--A RARE MOMENT OF SANITY IN CALIFORNIA:

A RARE MOMENT OF SANITY IN CALIFORNIA:

From Friday ’ s decision ( which I think is generally quite correct ) in IMDb.com v. Becerra , written by Judge Bridget Bade and joined by Judges Johnnie Rawlinson and Mark J. Bennett : In 2016 , the State of California—at the behest of the Screen Actors Guild …—enacted Assembly Bill 1687 … , which prohibits a specified category of websites from publishing the ages and dates of birth of entertainment industry professionals .
The statute appears to target a single entity : IMDb.com Inc… .
The statute imposes two separate but closely related prohibitions .
First , it @ @ @ @ @ @ @ upon request ) on paid-for subscriber profiles hosted by a “ commercial online entertainment employment service provider.
” The State and SAG largely focus on this portion of the statue , which restricts IMDbPro .
But the parties do not dispute that IMDb already affords its subscribers the option to remove their ages from their IMDbPro profiles ( but not from any companion profile on the public site ) and that it has done so since 2010 .
There has been no suggestion that IMDb would change this policy in the absence of @ @ @ @ @ @ @ prohibits a provider from publishing age information on any public “ companion ” website , such as IMDb.com , without regard to the source of the information .
IMDb contests this provision… .
Because this aspect of the statute presents the central issue on appeal , we focus our inquiry here… .
The court concluded that the law was a content-based speech restriction , because “ [ i ] t prohibits the dissemination of one type of speech : ‘ date of birth or age information , ' ” and , “ perhaps @ @ @ @ @ @ @ single category of speakers.
” We are unpersuaded by the State ’ s and SAG ’ s argument , relying on Cohen , that the statute merely regulates contractual obligations between IMDb and subscribers to IMDbPro… .
[ T ] he statute reaches far beyond the terms of any subscriber agreement .
It applies not only to paid-for profiles—like those on IMDbPro—but also to entries on the publicly available , non-subscription site IMDb.com , regardless of agreement between IMDb and its subscribers .
The statute does not restrict only information misappropriated through the @ @ @ @ @ @ @ prohibits the publication of information submitted by members of the public with no connection to IMDb .
These restrictions apply regardless of whether an IMDb public profile existed independent of , or prior to , any contractual agreement between IMDb and an IMDbPro subscriber .
The court concluded that the law wasn ’ t limited to “ commercial speech , ” because that category covers speech that “ does no more than propose a commercial transaction , ” and “ public profiles on IMDb.com do not ‘ propose a commercial transaction , ' @ @ @ @ @ @ @ financial interest in its public profiles.
” The law also wasn ’ t limited to “ speech that itself proposes an illegal transaction , ” even though the government argue that this information might facilitate age discrimination by producers : “ [ W ] e find nothing illegal about truthful , fact-based publication of an individual ’ s age and birthdate when that information was lawfully obtained , ” even if “ a third-party might use [ the speech ] to facilitate its own illegal conduct.
” “ [ I ] t would @ @ @ @ @ @ @ by a law-abiding possessor of information can be suppressed in order to deter conduct by a non-law-abiding third party.
” … “ [ T ] he fear that people would make bad decisions if given truthful information can not justify content-based burdens on speech .
”

Ninth Circuit Strikes Down Statute Limiting IMDb’s Display of Actor Ages.
From Friday’s decision (which I think is generally quite correct) in IMDb.com v. Becerra, written by Judge Bridget Bade and joined by Judges Johnnie Rawlinson and Mark J. Bennett:
In 2016, the State of California—at the behest of the Screen Actors Guild …—enacted Assembly Bill 1687 …, which prohibits a specified category of websites from publishing the ages and dates of birth of entertainment industry professionals. The statute appears to target a single entity: IMDb.com Inc…. The statute imposes two separate but closely related prohibitions. First, it forbids the publication of age information (upon request) on paid-for subscriber profiles hosted by a “commercial online entertainment employment service provider.” The State and SAG largely focus on this portion of the statue, which restricts IMDbPro. But the parties do not dispute that IMDb already affords its subscribers the option to remove their ages from their IMDbPro profiles (but not from any companion profile on the public site) and that it has done so since 2010. There has been no suggestion that IMDb would change this policy in the absence of AB 1687. Second, the statute prohibits a provider from publishing age information on any public “companion” website, such as IMDb.com, without regard to the source of the information. IMDb contests this provision…. Because this aspect of the statute presents the central issue on appeal, we focus our inquiry here….
The court concluded that the law was a content-based speech restriction, because “[i]t prohibits the dissemination of one type of speech: ‘date of birth or age information,'” and, “perhaps more troubling, it restricts only a single category of speakers.”
We are unpersuaded by the State’s and SAG’s argument, relying on Cohen, that the statute merely regulates contractual obligations between IMDb and subscribers to IMDbPro…. [T]he statute reaches far beyond the terms of any subscriber agreement. It applies not only to paid-for profiles—like those on IMDbPro—but also to entries on the publicly available, non-subscription site IMDb.com, regardless of agreement between IMDb and its subscribers. The statute does not restrict only information misappropriated through the parties’ contractual relationship; it also prohibits the publication of information submitted by members of the public with no connection to IMDb. These restrictions apply regardless of whether an IMDb public profile existed independent of, or prior to, any contractual agreement between IMDb and an IMDbPro subscriber.
The court concluded that the law wasn’t limited to “commercial speech,” because that category covers speech that “does no more than propose a commercial transaction,” and “public profiles on IMDb.com do not ‘propose a commercial transaction,'” “even assuming IMDb has a financial interest in its public profiles.”
We are primarily funded by readers. Please subscribe and donate to support us!
The law also wasn’t limited to “speech that itself proposes an illegal transaction,” even though the government argue that this information might facilitate age discrimination by producers: “[W]e find nothing illegal about truthful, fact-based publication of an individual’s age and birthdate when that information was lawfully obtained,” even if “a third-party might use [the speech] to facilitate its own illegal conduct.” “[I]t would be quite remarkable to hold that speech by a law-abiding possessor of information can be suppressed in order to deter conduct by a non-law-abiding third party.” … “[T]he fear that people would make bad decisions if given truthful information cannot justify content-based burdens on speech.”
…
…
h/t ED


investmentwatchblog--2020-06-23--SC Dept of Health- Protest Organizers sick, if you Protested May 30-June 17, GET TESTED IMMEDIATELY!

Knew this was coming… .
Socialism kills , kiddies .
The Democrat Party won ’ t be paying your medical @ @ @ @ @ you for giving your life for “ The Cause !
™ !
” , whatever @ @ @ @ @ .
“ Several protesters at the marches in downtown Columbia — in addition to similar @ @ @ @ @ — have tested positive for the coronavirus , according to organizer Lawrence Nathaniel.
“ ( @ @ @ @ @ )

Knew this was coming…. Socialism kills, kiddies.
The Democrat Party won’t be paying your medical bills, but they thank you for giving your life for “The Cause! ™!”, whatever that happens to be today.
“Several protesters at the marches in downtown Columbia — in addition to similar events in Charleston and Greenville — have tested positive for the coronavirus, according to organizer Lawrence Nathaniel.“
(way less than 50%)
Read more here:
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www.thestate.com/news/local/article243694592.html#storylink=cpy
h/t FE


investmentwatchblog--2020-06-23--Florida man DOES NOT want to wear the mask

This is how you get treated for not wearing a mask but looters get a pass .

Florida man DOES NOT want to wear the mask
pic.twitter.com/hVYRaI5HIQ — Daily Caller (@DailyCaller) June 21, 2020
This is how you get treated for not wearing a mask but looters get a pass.
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h/t Codfish


investmentwatchblog--2020-06-23--CHAZ/CHOP: A Glimpse Into The Inner Worrkings Via Another Stolen Phone From Twitch Streamer

AND ANOTHER ONE In an unparalleled moment of irony , a Seattle Twitch live streamer was robbed live on the @ @ @ @ @ of the wonderful new site that is the CHOP zone .

www.twitch.tv/videos/657835014?t=03h50m40s
AND ANOTHER ONE
In an unparalleled moment of irony, a Seattle Twitch live streamer was robbed live on the air while displaying and boasting of the wonderful new site that is the CHOP zone.
We are primarily funded by readers. Please subscribe and donate to support us!
In an unparalleled moment of irony, a Seattle Twitch live streamer was robbed live on the air while displaying and boasting of the wonderful new site that is the CHOP zone. pic.twitter.com/fLEuji55Cu — 🌲 Cascadian (@NorthernerPNW) June 19, 2020
h/t CrsCrpr


investmentwatchblog--2020-06-23--DC: Protesters For Hire At $50 An Hour!

DC: Protesters For Hire At $50 An Hour!

We ’ re hiring protesters to peacefully advocate for racial justice and equality in the Washington DC area .
You @ @ @ @ @ cash ( typical protests last between 2 and 4 hours ) .
If you ’ @ @ @ @ @ a photo of yourself and the best phone number to contact you .
All colors @ @ @ @ @ genders are welcome !

Hiring Peaceful Protesters $50/hour
We’re hiring protesters to peacefully advocate for racial justice and equality in the Washington DC area. You will be paid $50/hour cash (typical protests last between 2 and 4 hours).
If you’re interested, please submit a photo of yourself and the best phone number to contact you. All colors, creeds, races and genders are welcome!
We are primarily funded by readers. Please subscribe and donate to support us!
washingtondc.craigslist.org/doc/tlg/d/washington-hiring-peaceful-protesters/7145462635.html
h/t CrsCrpr


investmentwatchblog--2020-06-23--VIDEO: Trump: ‘France is No Longer France’ Video

I love these `` Donald Trump – I would n't go to France videos '' This version is one of @ @ @ @ @ yet pic.twitter.com/QcM1ZDbKpg

I love these "Donald Trump – I wouldn't go to France videos"
This version is one of the best I have seen yet pic.twitter.com/QcM1ZDbKpg
— BasedPoland (@BasedPoland) June 22, 2020


investmentwatchblog--2020-06-23--And It Begins —- Reddit Starts Banning Users For Their Upvotes

Conde Nast ’ s Reddit on Sunday started issuing temp bans against users for upvoting wrongthink .
This screenshot was shared by a user on r/WatchRedditDie , a subreddit which chronicles Reddit ’ s aggressive censorship : Reddit announced in February that users “ who consistently upvote policy-breaking content within quarantined communities will receive automated warnings , followed by further consequences like a temporary or permanent suspension.
” The level of censorship required to keep Reddit a far-left echo chamber is rather remarkable .
They ’ ve banned every “ far-right ” subreddit in existence since 2016 and banned r/The_Donald @ @ @ @ @ @ @ .
Nonetheless , populist right-wing messages still manage to get through on various subs only to be censored by their petty mods .
Most of Reddit is controlled by just five mods and they censor users who dare to point this out .
Reddit isnt even subtle when it comes to what they want you to think .
A lot of niche subreddits require you fulfill a ton of rules and contradictory clauses .
For example , every abuse subreddit requires an assumption of abuse .
So now the person is abused , @ @ @ @ @ @ @ made it much harder to find trolls on these subreddits because you cant ask them questions .
So karma as always finds a way Need more proof they are data mining ?

Conde Nast’s Reddit on Sunday started issuing temp bans against users for upvoting wrongthink.
This screenshot was shared by a user on r/WatchRedditDie, a subreddit which chronicles Reddit’s aggressive censorship:
Reddit announced in February that users “who consistently upvote policy-breaking content within quarantined communities will receive automated warnings, followed by further consequences like a temporary or permanent suspension.”
The level of censorship required to keep Reddit a far-left echo chamber is rather remarkable. They’ve banned every “far-right” subreddit in existence since 2016 and banned r/The_Donald through a mod takeover earlier this year.
Nonetheless, populist right-wing messages still manage to get through on various subs only to be censored by their petty mods.
Most of Reddit is controlled by just five mods and they censor users who dare to point this out.
We are primarily funded by readers. Please subscribe and donate to support us!
www.informationliberation.com/?id=61546
Reddit isnt even subtle when it comes to what they want you to think. A lot of niche subreddits require you fulfill a ton of rules and contradictory clauses.
For example, every abuse subreddit requires an assumption of abuse. So now the person is abused, we cant ask questions? Ironically this made it much harder to find trolls on these subreddits because you cant ask them questions. So karma as always finds a way
Need more proof they are data mining?
h/t Venus230


investmentwatchblog--2020-06-23--END GAME: The Federal Reserve Is Getting Desperate

by Ron Paul of Ron Paul Institute for Peace and Prosperity In a sign that the Federal Reserve is growing increasingly desperate to jump-start the economy , the Fed ’ s Secondary Market Credit Facility has begun purchasing individual corporate bonds .
The Secondary Market Credit Facility was created by Congress as part of a coronavirus stimulus bill to purchase as much as 750 billion dollars of corporate credit .
Until last week , the Secondary Market Credit Facility had limited its purchases to exchange-traded funds , which are bundled groups of stocks or bonds .
The bond purchasing initiative @ @ @ @ @ @ @ fail to produce long-term prosperity .
These purchases distort the economy by increasing the money supply and thus lowering interest rates , which are the price of money .
In this case , the Fed ’ s purchase of individual corporate bonds enables select corporations to pursue projects for which they could not otherwise have obtained funding .
This distorts signals sent by the market , making these companies seem like better investments than they actually are and thus allowing these companies to attract more private investment .
This will cause these companies @ @ @ @ @ @ @ all Fed-created bubbles , the corporate bond bubble will eventually burst , causing businesses to collapse , investors to lose their money ( unless they receive a government bailout ) , and workers to lose their jobs .
Under the law creating the lending facilities , the Fed does not have to reveal the purchases made by the new facilities .
Instead of allowing the Fed to hide this information , Congress should immediately pass the Audit the Fed bill so people can know whether a company is flush with cash because private @ @ @ @ @ @ @ or because the Fed chose to “ invest ” in its bonds .
The Fed could , and likely will , use this bond buying program to advance political goals .
The Fed could fulfill Chairman Jerome Powell ’ s stated desire to do something about climate change by supporting “ green energy ” companies .
The Fed could also use its power to reward businesses that , for example , support politically correct causes , refuse to sell guns , require their employees and customers to wear masks , or promote unquestioning @ @ @ @ @ @ @ of the new lending facilities is charged with purchasing the bonds of cash-strapped state and local governments .
This could allow the Fed to influence the policies of these governments .
It is not wise to reward spendthrift politicians with a federal bailout — whether through Congress or through the Fed .
With lending facilities providing to the Federal Reserve the ability to give money directly to businesses and governments , the Fed is now just one step away from implementing Ben Bernanke ’ s infamous suggestion that , if all else fails @ @ @ @ @ @ @ a helicopter .
These interventions will not save the economy .
Instead , they will make the inevitable crash more painful .
The next crash can bring about the end of the fiat monetary system .
The question is not if the current monetary system ends , but when .
The only way Congress can avoid the Fed causing another great depression is to begin transitioning to a free-market monetary system by auditing , then ending , the Fed .
Please donate to the Ron Paul Institute

by Ron Paul of Ron Paul Institute for Peace and Prosperity
In a sign that the Federal Reserve is growing increasingly desperate to jump-start the economy, the Fed’s Secondary Market Credit Facility has begun purchasing individual corporate bonds. The Secondary Market Credit Facility was created by Congress as part of a coronavirus stimulus bill to purchase as much as 750 billion dollars of corporate credit. Until last week, the Secondary Market Credit Facility had limited its purchases to exchange-traded funds, which are bundled groups of stocks or bonds.
The bond purchasing initiative, like all Fed initiatives, will fail to produce long-term prosperity. These purchases distort the economy by increasing the money supply and thus lowering interest rates, which are the price of money. In this case, the Fed’s purchase of individual corporate bonds enables select corporations to pursue projects for which they could not otherwise have obtained funding. This distorts signals sent by the market, making these companies seem like better investments than they actually are and thus allowing these companies to attract more private investment. This will cause these companies to experience a Fed-created bubble. Like all Fed-created bubbles, the corporate bond bubble will eventually burst, causing businesses to collapse, investors to lose their money (unless they receive a government bailout), and workers to lose their jobs.
Under the law creating the lending facilities, the Fed does not have to reveal the purchases made by the new facilities. Instead of allowing the Fed to hide this information, Congress should immediately pass the Audit the Fed bill so people can know whether a company is flush with cash because private investors determined it is a sound investment or because the Fed chose to “invest” in its bonds.
We are primarily funded by readers. Please subscribe and donate to support us!
The Fed could, and likely will, use this bond buying program to advance political goals. The Fed could fulfill Chairman Jerome Powell’s stated desire to do something about climate change by supporting “green energy” companies. The Fed could also use its power to reward businesses that, for example, support politically correct causes, refuse to sell guns, require their employees and customers to wear masks, or promote unquestioning obedience to the warfare state.
Another of the new lending facilities is charged with purchasing the bonds of cash-strapped state and local governments. This could allow the Fed to influence the policies of these governments. It is not wise to reward spendthrift politicians with a federal bailout — whether through Congress or through the Fed.
With lending facilities providing to the Federal Reserve the ability to give money directly to businesses and governments, the Fed is now just one step away from implementing Ben Bernanke’s infamous suggestion that, if all else fails, the Fed can drop money from a helicopter. These interventions will not save the economy. Instead, they will make the inevitable crash more painful. The next crash can bring about the end of the fiat monetary system. The question is not if the current monetary system ends, but when. The only way Congress can avoid the Fed causing another great depression is to begin transitioning to a free-market monetary system by auditing, then ending, the Fed.
Please donate to the Ron Paul Institute


investmentwatchblog--2020-06-23--Many US hospitals ‘three weeks away’ from being overwhelmed

Coronavirus cases in Florida in the US have now surpassed 100,000 , part of an alarming surge across the South @ @ @ @ @ for business and many Americans resist wearing masks or keeping their distance from others .
@ @ @ @ @ Sunshine State as well as places like Arizona , Alabama , Louisiana , Texas and @ @ @ @ @ countries such as Brazil , India and Pakistan – are raising fears that the progress @ @ @ @ @ is slipping away .
“ It is snowballing .
We will most certainly see more @ @ @ @ @ of this spike , ” said Dr. Marc Boom , CEO and president of Houston @ @ @ @ @ the number of COVID-19 hospital admissions has tripled since Memorial Day to more than 1,400 @ @ @ @ @ the Houston metropolitan area .
He predicted that in three weeks hospitals could be overwhelmed @ @ @ @ @ people to cover their faces and practise social distancing .

Coronavirus cases in Florida in the US have now surpassed 100,000, part of an alarming surge across the South and West as states reopen for business and many Americans resist wearing masks or keeping their distance from others.
The disturbing signs in the Sunshine State as well as places like Arizona, Alabama, Louisiana, Texas and South Carolina – along with countries such as Brazil, India and Pakistan – are raising fears that the progress won after months of lockdowns is slipping away.
“It is snowballing. We will most certainly see more people die as a result of this spike,” said Dr. Marc Boom, CEO and president of Houston Methodist Hospital, noting that the number of COVID-19 hospital admissions has tripled since Memorial Day to more than 1,400 across eight hospital systems in the Houston metropolitan area.
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He predicted that in three weeks hospitals could be overwhelmed, and he pleaded with people to cover their faces and practise social distancing.
www.stuff.co.nz/world/americas/121912549/covid19-us-three-weeks-away-from-being-overwhelmed


investmentwatchblog--2020-06-23--FDA Recalls Hand Sanitizer

FDA Recalls Hand Sanitizer

FDA warns 9 brands of hand sanitizer may be toxic The FDA is warning that the public should stop using 9 brands of hand sanitizer because the products may contain methanol , or wood alcohol .
The FDA said Friday that consumers should stop using any hand sanitizer from Mexico-based manufacturer SA de CV , due to the potential presence of methanol , or wood alcohol , in its products .
The FDA warned that methanol can be toxic when ingested or absorbed through the skin .
“ Therefore , FDA recommends consumers stop using these hand sanitizers and dispose @ @ @ @ @ @ @ containers .
Do not flush or pour these products down the drain , ” the agency warned .
The symptoms of substantial methanol exposure includes nausea , vomiting , headache , blurred vision , permanent blindness , seizures , coma , permanent damage to the nervous system or death .
“ Methanol is not an acceptable ingredient for hand sanitizers and should not be used due to its toxic effects , ” the agency warned .
“ Consumers who have been exposed to hand sanitizer containing methanol should seek immediate treatment , which @ @ @ @ @ @ @ effects of methanol poisoning.
” The FDA listed the following products in its warning :

FDA warns 9 brands of hand sanitizer may be toxic
The FDA is warning that the public should stop using 9 brands of hand sanitizer because the products may contain methanol, or wood alcohol.
The FDA said Friday that consumers should stop using any hand sanitizer from Mexico-based manufacturer SA de CV, due to the potential presence of methanol, or wood alcohol, in its products. The FDA warned that methanol can be toxic when ingested or absorbed through the skin.
“Therefore, FDA recommends consumers stop using these hand sanitizers and dispose of them immediately in appropriate hazardous waste containers. Do not flush or pour these products down the drain,” the agency warned.
The symptoms of substantial methanol exposure includes nausea, vomiting, headache, blurred vision, permanent blindness, seizures, coma, permanent damage to the nervous system or death.
“Methanol is not an acceptable ingredient for hand sanitizers and should not be used due to its toxic effects,” the agency warned. “Consumers who have been exposed to hand sanitizer containing methanol should seek immediate treatment, which is critical for potential reversal of toxic effects of methanol poisoning.”
The FDA listed the following products in its warning:
– All-Clean Hand Sanitizer (NDC: 74589-002-01)
– Esk Biochem Hand Sanitizer (NDC: 74589-007-01)
– CleanCare NoGerm Advanced Hand Sanitizer 75% Alcohol (NDC: 74589-008-04)
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– Lavar 70 Gel Hand Sanitizer (NDC: 74589-006-01)
– The Good Gel Antibacterial Gel Hand Sanitizer (NDC: 74589-010-10)
– CleanCare NoGerm Advanced Hand Sanitizer 80% Alcohol (NDC: 74589-005-03)
– CleanCare NoGerm Advanced Hand Sanitizer 75% Alcohol (NDC: 74589-009-01)
– CleanCare NoGerm Advanced Hand Sanitizer 80% Alcohol (NDC: 74589-003-01)
– Saniderm Advanced Hand Sanitizer (NDC: 74589-001-01)
www.foxnews.com/health/these-9-hand-sanitizers-may-be-toxic-fda-warns


investmentwatchblog--2020-06-23--Newt Gingrich: ‘Barbarians’ taking down statues are ‘anti-civilization’

Historic monuments and statues have become the targets of anger and vandalism during Black Lives Matter protests in the wake @ @ @ @ @ police custody death at the end of May .
The initial statues under fire were @ @ @ @ @ in the South due to the treatment of African-Americans , but the anger has spread @ @ @ @ @ — including former U.S. presidents — many of which have been torn down , and @ @ @ @ @ .
Make no mistake , our country has a war raging within our own borders @ @ @ @ @ communists , and other trash that hates our people and wishes to rape , steal @ @ @ @ @ to in our society .

Watch the latest video at foxnews.com
Historic monuments and statues have become the targets of anger and vandalism during Black Lives Matter protests in the wake of George Floyd‘s police custody death at the end of May.
The initial statues under fire were Confederate soldiers and generals largely in the South due to the treatment of African-Americans, but the anger has spread to monuments of all backgrounds — including former U.S. presidents — many of which have been torn down, and some have been officially removed.
www.foxnews.com/us/statue-monument-vandalized-torn-down-protest
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Make no mistake, our country has a war raging within our own borders right now by leftists, communists, and other trash that hates our people and wishes to rape, steal and destroy whom they choose to in our society.
h/t Ken


investmentwatchblog--2020-06-23--TWITTER: More Trump Lies

TWITTER: More Trump Lies

What Trump Said : “ The murder rate in Baltimore and Detroit is higher than El Salvador , Guatemala or @ @ @ @ @ False : Baltimore and Detroit do have higher murder rates than Guatemala and Afghanistan , @ @ @ @ @ rate is higher .
Regardless , comparing the crime rates of cities to that of @ @ @ @ @

What Trump Said:
“The murder rate in Baltimore and Detroit is higher than El Salvador, Guatemala or even Afghanistan.”
This Is False:
Baltimore and Detroit do have higher murder rates than Guatemala and Afghanistan, but El Salvador’s rate is higher. Regardless, comparing the crime rates of cities to that of entire countries is misleading.
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Their “debunking” is bunk.
h/t CrsCrpr


investmentwatchblog--2020-06-23--GENOCIDE: If You Believe Dems Want Anything Else, Think Again

The Stanton paper was presented at the State Department in 1996 , shortly after the Rwandan genocide , but it also analyzes the processes in the Holocaust , the Cambodian genocide , and other genocides .
The preventive measures suggested are those that the United States , national governments , and United Nations could implement or influence other governments to implement .
1 Classification People are divided into “ them and us “ .
2 Symbolization “ When combined with hatred , symbols may be forced upon unwilling members of pariah groups… ” 3 Discrimination “ Law or cultural power @ @ @ @ @ @ @ segregation or apartheid laws , denial of voting rights ” .
4 Dehumanization “ One group denies the humanity of the other group .
Members of it are equated with animals , vermin , insects , or diseases.
” 5 Organization “ Genocide is always organized… Special army units or militias are often trained and armed… ” 7 Preparation “ Mass killing is planned .
Victims are identified and separated out because of their ethnic or religious identity… ” 9 Extermination “ It is ‘ extermination ’ to the killers because they do @ @ @ @ @ @ @ human “ .
10 Denial “ The perpetrators… deny that they committed any crimes… ” It ’ s important to note that this is not a linear process .
Later stages must be preceded by earlier stages but all stages continue to operate throughout the entire process .

The Stanton paper was presented at the State Department in 1996, shortly after the Rwandan genocide, but it also analyzes the processes in the Holocaust, the Cambodian genocide, and other genocides. The preventive measures suggested are those that the United States, national governments, and United Nations could implement or influence other governments to implement.
1 Classification
People are divided into “them and us“.
2 Symbolization
“When combined with hatred, symbols may be forced upon unwilling members of pariah groups…”
3 Discrimination
“Law or cultural power excludes groups from full civil rights: segregation or apartheid laws, denial of voting rights”.
4 Dehumanization
“One group denies the humanity of the other group. Members of it are equated with animals, vermin, insects, or diseases.”
5 Organization
“Genocide is always organized… Special army units or militias are often trained and armed…”
6 Polarization
“Hate groups broadcast polarizing propaganda…”
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7 Preparation
“Mass killing is planned. Victims are identified and separated out because of their ethnic or religious identity…”
8 Persecution
“Expropriation, forced displacement, ghettos, concentration camps”.
9 Extermination
“It is ‘extermination’ to the killers because they do not believe their victims to be fully human“.
10 Denial
“The perpetrators… deny that they committed any crimes…”
en.wikipedia.org/wiki/Eight_stages_of_genocide
It’s important to note that this is not a linear process. Later stages must be preceded by earlier stages but all stages continue to operate throughout the entire process.
h/t CrsCrpr


investmentwatchblog--2020-06-23--NEW YORK: Two More Gunned Down In Broad Daylight

People are now being murdered in broad daylight in New York City .

People are now being murdered in broad daylight in New York City. pic.twitter.com/mNNSPUliaF — Ian Miles Cheong (@stillgray) June 22, 2020
Ian Miles Cheong
@stillgray
People are now being murdered in broad daylight in New York City.
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Man executed in broad daylight while washing his car in Brooklyn Bloody weekend continues in NYC pic.twitter.com/zR6ekibmpj — Breaking911 (@Breaking911) June 21, 2020
h/t CrsCrpr


investmentwatchblog--2020-06-23--Big Banks Report Their Ultra-Wealthy Clients Are Rushing Into Gold

This week , Your News to Know rounds up the latest top stories involving gold and the overall economy .
Stories include : The ultra-wealthy aren ’ t sold on the stock market recovery , Powell ’ s dovishness boosts gold prices , and Goldman rolls out yet another optimistic forecast for gold .
Big banks are moving their clients ’ assets into gold as the stock market soars Reuters recently spoke to representatives of nine big banks , which manage around $ 6 trillion of wealth for the world ’ s ultra-rich .
And , in stark contrast to @ @ @ @ @ @ @ gold appears to be the asset of choice for both money managers and the clients themselves .
Of the banks that provided a forecast for gold prices , all four are calling for higher prices by the end of the year .
Additionally , all nine have recommended and adjusted to a portfolio allocation of up to 10 % .
The respondents cited gold ’ s ability to shield investors against both inflation and deflation , as well as a variety of other downturns , as the main reason for rebalancing .
As @ @ @ @ @ @ @ Wealth Management at Morgan Stanley noted , the bank ’ s clients hardly needed convincing , sharing that Morgan Stanley ’ s wealthy clients , with decades of experience in investment , were particularly keen to hedge their bets with gold .
Representatives of UBS , Wells Fargo Investment Institute and JPMorgan Private Bank ’ s United Kingdom and Ireland branch likewise stated that client interest in the metal has increased exponentially over the past few months .
Andre Portelli , co-head of investments at Barclays Private Bank , pointed out that the @ @ @ @ @ @ @ his bank ’ s clients favor bullion over other options .
In terms of forecasts , JPMorgan ’ s Oliver Gregson sees $ 1,750 as a likely target for gold by the end of the year .
UBS is slightly more bullish on the metal with a year-end target of $ 1,800 , adding that a return of coronavirus-related issues could bring the metal to $ 2,000 .
Jerome Powell ’ s doubts about the economic recovery have boosted gold further While market sentiment is determined by various things , the Federal Reserve @ @ @ @ @ @ @ meetings are often among the primary things traders look out for to gauge their next step .
With this in mind , it should come as no surprise that gold prices spiked immediately after Fed Chair Jerome Powell issued a speech that was all but free of optimism .
In a video conference with the Senate Banking Committee , Powell reiterated the previously-stated likelihood that interest rates would stay near zero for the foreseeable future , along with expressing concerns over the economic recovery moving forward .
Despite the strength of the stimulus @ @ @ @ @ @ @ display as the Chair noted that economic output and employment are still heavily behind pre-pandemic levels , which were disappointing to begin with .
Despite some positive retail and industrial data , market participants have taken note of reports that virus cases are rising in the U.S. as well as China .
A slew of geopolitical tensions , with India and North Korea militarizing troops against China and South Korea , respectively , has likewise made investors wary over developments in the near-future .
An equally strong driver for gold has been the @ @ @ @ @ @ @ Trump ’ s $ 1 trillion plan to bolster U.S. infrastructure and the Fed ’ s decision to start buying corporate bonds along with a new lending program .
“ Every time the price falls , it seems that investors are seeing it as a buying opportunity more than time for further selling , ” said Carlo Alberto De Casa , chief analyst at ActivTrades , in a note addressing gold ’ s price movements .
Goldman : Gold is likely to reach $ 2,000 within the next 12 months Having made several @ @ @ @ @ @ @ past months and sharing a bullish view even before the pandemic , Goldman Sachs has once again raised their target for gold ’ s price to the highest level so far .
In a note published earlier this month , Goldman ’ s team of analysts raised their gold price forecasts for the three-month , six-month and 12-month ranges .
The team upped their 3-month forecast for gold to $ 1,800 from the previous $ 1,600 and raised their 6-month target to $ 1,950 from the previous $ 1,650 .
Over the next @ @ @ @ @ @ @ expects gold to hit $ 2,000 , up from the previous 12-month target of $ 1,800 .
The analysts elaborated on their optimistic predictions , citing a persistent environment of low interest rates and growing concerns over currency debasement as the primary drivers for gold ’ s price over the coming months .
Goldman said that a move above the Federal Reserve ’ s targeted inflation rate of 2 % , paired with a lack of appropriate policy response from the central bank , could send gold prices past $ 2,000 .
Goldman @ @ @ @ @ @ @ on silver , raising their 12-month forecast for the metal to $ 22 , a 47 % increase over the previous forecast of $ 15 for the period .
The team said that global monetary stimulus should significantly increase demand for silver from the industrial sector .

Photo by Wikipedia.org | CC BY | Photoshopped
From Birch Gold Group
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: The ultra-wealthy aren’t sold on the stock market recovery, Powell’s dovishness boosts gold prices, and Goldman rolls out yet another optimistic forecast for gold.
Big banks are moving their clients’ assets into gold as the stock market soars
Reuters recently spoke to representatives of nine big banks, which manage around $6 trillion of wealth for the world’s ultra-rich. And, in stark contrast to the action in the stock market, gold appears to be the asset of choice for both money managers and the clients themselves.
Of the banks that provided a forecast for gold prices, all four are calling for higher prices by the end of the year. Additionally, all nine have recommended and adjusted to a portfolio allocation of up to 10%. The respondents cited gold’s ability to shield investors against both inflation and deflation, as well as a variety of other downturns, as the main reason for rebalancing. As Lisa Shalett, Chief Investment Officer of Wealth Management at Morgan Stanley noted, the bank’s clients hardly needed convincing, sharing that Morgan Stanley’s wealthy clients, with decades of experience in investment, were particularly keen to hedge their bets with gold.
Representatives of UBS, Wells Fargo Investment Institute and JPMorgan Private Bank’s United Kingdom and Ireland branch likewise stated that client interest in the metal has increased exponentially over the past few months. Andre Portelli, co-head of investments at Barclays Private Bank, pointed out that the supply glut caused by the pandemic made his bank’s clients favor bullion over other options.
In terms of forecasts, JPMorgan’s Oliver Gregson sees $1,750 as a likely target for gold by the end of the year. UBS is slightly more bullish on the metal with a year-end target of $1,800, adding that a return of coronavirus-related issues could bring the metal to $2,000.
Jerome Powell’s doubts about the economic recovery have boosted gold further
While market sentiment is determined by various things, the Federal Reserve’s statements and minutes from their meetings are often among the primary things traders look out for to gauge their next step. With this in mind, it should come as no surprise that gold prices spiked immediately after Fed Chair Jerome Powell issued a speech that was all but free of optimism. In a video conference with the Senate Banking Committee, Powell reiterated the previously-stated likelihood that interest rates would stay near zero for the foreseeable future, along with expressing concerns over the economic recovery moving forward.
We are primarily funded by readers. Please subscribe and donate to support us!
Despite the strength of the stimulus, Powell’s dovishness was on display as the Chair noted that economic output and employment are still heavily behind pre-pandemic levels, which were disappointing to begin with. Despite some positive retail and industrial data, market participants have taken note of reports that virus cases are rising in the U.S. as well as China.
A slew of geopolitical tensions, with India and North Korea militarizing troops against China and South Korea, respectively, has likewise made investors wary over developments in the near-future. An equally strong driver for gold has been the seemingly never-ending stimulus, which includes President Trump’s $1 trillion plan to bolster U.S. infrastructure and the Fed’s decision to start buying corporate bonds along with a new lending program.
“Every time the price falls, it seems that investors are seeing it as a buying opportunity more than time for further selling,” said Carlo Alberto De Casa, chief analyst at ActivTrades, in a note addressing gold’s price movements.
Goldman: Gold is likely to reach $2,000 within the next 12 months
Having made several upgrades to their gold forecast over the past months and sharing a bullish view even before the pandemic, Goldman Sachs has once again raised their target for gold’s price to the highest level so far. In a note published earlier this month, Goldman’s team of analysts raised their gold price forecasts for the three-month, six-month and 12-month ranges.
The team upped their 3-month forecast for gold to $1,800 from the previous $1,600 and raised their 6-month target to $1,950 from the previous $1,650. Over the next 12 months, the bank said it expects gold to hit $2,000, up from the previous 12-month target of $1,800.
The analysts elaborated on their optimistic predictions, citing a persistent environment of low interest rates and growing concerns over currency debasement as the primary drivers for gold’s price over the coming months. Goldman said that a move above the Federal Reserve’s targeted inflation rate of 2%, paired with a lack of appropriate policy response from the central bank, could send gold prices past $2,000.
Goldman’s analysts are even more bullish on silver, raising their 12-month forecast for the metal to $22, a 47% increase over the previous forecast of $15 for the period. The team said that global monetary stimulus should significantly increase demand for silver from the industrial sector.


investmentwatchblog--2020-06-23--Microsoft is shutting down Mixer and partnering with Facebook Gaming

It seems like they were trying to create a “ gaming eco-system ” with project x-cloud , mixer and x-box @ @ @ @ @ was mixer was getting very little users compared to video-streaming giants like Twitch and Youtube @ @ @ @ @ already on Youtube and Twitch and those companies had established their dominance and no-one wants @ @ @ @ @ website with way less users .
Now Microsoft can leverage Facebook ’ s massive scale @ @ @ @ @ , to attract more potential users .
Whether this would be succesful is up for @ @ @ @ @ believe that Microsoft can leverage Facebook ’ s massive scale to promote project x-Cloud .
@ @ @ @ @ bit behind Google in this regard , so taking advantage of Facebook ’ s reach @ @ @ @ @ : This information is only for educational purposes .
Do not make any investment decisions @ @ @ @ @ this article .
Do you own due diligence .

blog.mixer.com/2020/06/22/the-next-step-for-mixer/
It seems like they were trying to create a “gaming eco-system” with project x-cloud, mixer and x-box. The problem with this was mixer was getting very little users compared to video-streaming giants like Twitch and Youtube, simply because everyone was already on Youtube and Twitch and those companies had established their dominance and no-one wants to move to a smaller website with way less users. Now Microsoft can leverage Facebook’s massive scale, over 2 billion users, to attract more potential users. Whether this would be succesful is up for debate.
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Secondly, I believe that Microsoft can leverage Facebook’s massive scale to promote project x-Cloud. Microsoft are already quite a bit behind Google in this regard, so taking advantage of Facebook’s reach will be really important
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--2020-06-23--Dudley Says a $10 Trillion Fed Balance Sheet Is Coming….

Former New York Federal Reserve Bank President William Dudley talks about a growing Federal Reserve balance sheet and his outlook @ @ @ @ @ Our country continues to face a difficult and challenging time….People have lost loved ones .
@ @ @ @ @ jobs .
There is great uncertainty about the future .

Former New York Federal Reserve Bank President William Dudley talks about a growing Federal Reserve balance sheet and his outlook for the economy.
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“Our country continues to face a difficult and challenging time….People have lost loved ones. Many millions have lost their jobs. There is great uncertainty about the future.


investmentwatchblog--2020-06-22--The S&P 500, as Priced in Gold, Looks a Lot Less Weird Than as Priced in Dollars

Ever since U.S. GDP growth peaked in Q3 2018 in rate of change terms , the S & P 500 @ @ @ @ @ making lower highs and lower lows .
The S & P 500 , as priced @ @ @ @ @ lot less weird than as priced in dollars , since it cancels out some of @ @ @ @ @ since U.S. GDP growth peaked in Q3 2018 in rate of change terms , the @ @ @ @ @ priced in gold keeps making lower highs and lower lows .
t.co/QvrmiFJVxc pic.twitter.com/jerHLq8cYF

Ever since U.S. GDP growth peaked in Q3 2018 in rate of change terms, the S&P 500 as priced in gold keeps making lower highs and lower lows.
The S&P 500, as priced in gold, looks a lot less weird than as priced in dollars, since it cancels out some of the stimulus/QE effect.
Ever since U.S. GDP growth peaked in Q3 2018 in rate of change terms, the S&P 500 as priced in gold keeps making lower highs and lower lows. t.co/QvrmiFJVxc pic.twitter.com/jerHLq8cYF
— Lyn Alden (@LynAldenContact) June 22, 2020


investmentwatchblog--2020-06-22--Venezuelans recognize signs of a communist takeover better than almost anyone

Venezuelans recognize signs of a communist takeover better than almost anyone
(p.s. that accent is 🔥)pic.twitter.com/UJSjmfDXCo
— Roz 🇺🇸 (@PolitiKurd) June 22, 2020


investmentwatchblog--2020-06-22--Claim: Door-to-door robberies, rapes occurring in CHAZ

( Natural News ) A disturbing video has surfaced of an Israeli professor by the name of Jason James Britt who claims that a friend of his living in the Capitol Hill Autonomous Zone ( CHAZ ) in Seattle has witnessed door-to-door robberies occurring there , along with other horrors such as rape .
Describing the CHAZ as a concentration camp on American soil , Britt says the media is failing to tell the truth about the situation and minimizing the threat of violence and sexual assault now that the police are no longer welcome in the area .
The @ @ @ @ @ @ @ Antifa and Black Lives Matter ( BLM ) are supposedly doing within the CHAZ apparently had to delete his Facebook account due to fear of retaliation for coming forward with this information .
This individual also allegedly had to destroy his phone because he did not want to be tracked down and potentially killed for talking to people like Britt who live outside the CHAZ .
“ He says he has witnessed Antifa , these sissy liberals , cross-dressing with Black Lives Matter thugs by their side , ” Britt says in the @ @ @ @ @ @ @ terrorists are “ going door to door kicking the door , and they ’ re not knocking.
” “ People are in their homes and they ’ re telling people to pay them reparations , to give them money , ” Britt adds .
“ They ’ re looting their houses while people watch and the kids scream , and there ’ s nothing they can do to stop them.
” Listen below to The Health Ranger Report as Mike Adams , the Health Ranger , talks about the claims Britt makes in @ @ @ @ @ @ @ received 4,000 calls in one day , but couldn ’ t act because mayor said no Britt further claims that men , women and children are being sodomized by CHAZ terrorists , though how he would know this from his friend ’ s observances remains unclear .
The Seattle Police Department supposedly received some 4,000 calls for help in one single day the other day , only to have its hands tied by Seattle Mayor Ed Murray who instructed that area cops not respond to any calls .
If true , this means @ @ @ @ @ @ @ are sitting ducks just waiting to be terrorized .
And Britt believes that this is justification enough for President Trump to send in federal troops to shoot people on-sight .
Even though such a proposal is both unconstitutional and preposterous , Britt believes that it is necessary to reign in the terror that his friend says is sweeping the CHAZ .
And should it continue to spread unabated , Britt warns that such terror will eventually reach suburban and rural areas .
“ Trump needs to send in federal troops and just open @ @ @ @ @ @ @ anymore when you take over our land and our cities and our people , ” Britt contends .
“ If you throw the government out and the police out , you are no longer an American and you have no rights and your life really does not matter anymore in my eyes , ” he adds .
“ We need to go in there and send troops and start sniper firing everybody and get them out of there.
” Since there is no way to verify Britt ’ s claims , all of @ @ @ @ @ @ @ grain of salt .
This is especially true since he is calling on the United States military to bust in and start shooting Americans without prejudice , which would be unprecedented .
Last we checked , due process is still a thing , regardless of how out-of-control the CHAZ occupants get .
Perhaps a more constitutional approach would be to send in the police as the city normally would to enforce the laws that are already on the books rather than try to reinvent the wheel of justice .
To keep up with @ @ @ @ @ @ @ , be sure to check out Chaos.news .

by: Ethan Huff
(Natural News) A disturbing video has surfaced of an Israeli professor by the name of Jason James Britt who claims that a friend of his living in the Capitol Hill Autonomous Zone (CHAZ) in Seattle has witnessed door-to-door robberies occurring there, along with other horrors such as rape.
Describing the CHAZ as a concentration camp on American soil, Britt says the media is failing to tell the truth about the situation and minimizing the threat of violence and sexual assault now that the police are no longer welcome in the area.
The person who allegedly told Britt about what Antifa and Black Lives Matter (BLM) are supposedly doing within the CHAZ apparently had to delete his Facebook account due to fear of retaliation for coming forward with this information.
This individual also allegedly had to destroy his phone because he did not want to be tracked down and potentially killed for talking to people like Britt who live outside the CHAZ.
“He says he has witnessed Antifa, these sissy liberals, cross-dressing with Black Lives Matter thugs by their side,” Britt says in the video, adding that these troupes of terrorists are “going door to door kicking the door, and they’re not knocking.”
“People are in their homes and they’re telling people to pay them reparations, to give them money,” Britt adds. “They’re looting their houses while people watch and the kids scream, and there’s nothing they can do to stop them.”
Listen below to The Health Ranger Report as Mike Adams, the Health Ranger, talks about the claims Britt makes in this video:
Britt: Seattle police received 4,000 calls in one day, but couldn’t act because mayor said no
Britt further claims that men, women and children are being sodomized by CHAZ terrorists, though how he would know this from his friend’s observances remains unclear.
The Seattle Police Department supposedly received some 4,000 calls for help in one single day the other day, only to have its hands tied by Seattle Mayor Ed Murray who instructed that area cops not respond to any calls.
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If true, this means that those still living within the CHAZ are sitting ducks just waiting to be terrorized. And Britt believes that this is justification enough for President Trump to send in federal troops to shoot people on-sight.
Even though such a proposal is both unconstitutional and preposterous, Britt believes that it is necessary to reign in the terror that his friend says is sweeping the CHAZ. And should it continue to spread unabated, Britt warns that such terror will eventually reach suburban and rural areas.
“Trump needs to send in federal troops and just open fire because these aren’t Americans anymore when you take over our land and our cities and our people,” Britt contends.
“If you throw the government out and the police out, you are no longer an American and you have no rights and your life really does not matter anymore in my eyes,” he adds. “We need to go in there and send troops and start sniper firing everybody and get them out of there.”
Since there is no way to verify Britt’s claims, all of this should certainly be taken with a grain of salt. This is especially true since he is calling on the United States military to bust in and start shooting Americans without prejudice, which would be unprecedented.
Last we checked, due process is still a thing, regardless of how out-of-control the CHAZ occupants get. Perhaps a more constitutional approach would be to send in the police as the city normally would to enforce the laws that are already on the books rather than try to reinvent the wheel of justice.
To keep up with the latest news about the Seattle CHAZ, be sure to check out Chaos.news.
Sources for this article include:
YouTu.be
NaturalNews.com


investmentwatchblog--2020-06-22--Second wave of COVID-19 confirmed

Second wave of COVID-19 confirmed

The moving average of daily new COVID-19 cases in Florida is starting to , sadly , look to be reaching @ @ @

The moving average of daily new COVID-19 cases in Florida is starting to, sadly, look to be reaching escape velocity pic.twitter.com/6FrkD6gNaj
— Jonesy (@HedgeyeDJ) June 22, 2020


investmentwatchblog--2020-06-22--Home Sales Plunged Most since 2008, Condos -41%. First-Ever April-May Price Drop in Normally Red-Hot

Home Sales Plunged Most since 2008, Condos -41%. First-Ever April-May Price Drop in Normally Red-Hot Spring Selling Season

First signs of a very slow-moving mess .
Sales of existing homes ( closed transactions of single-family houses , townhomes , condos , and co-ops ) plunged 29 % in May compared to May last year , not seasonally adjusted , to 340,000 homes , according to the National Association of Realtors .
The “ seasonally adjusted annual rate of sales ” ( SAAR ) – which is generally used as the headline number – plunged 26.6 % year-over-year to 3.91 million , the lowest rate of sales since the depth of the Housing Bust in October 2010 ( data @ @ @ @ @ @ @ year-over-year plunge in the seasonally adjusted annual rate of sales was the biggest since February 2008 , a sign of just how tough the real estate businesses has become ( data via YCharts ) : Condo and co-ops sales were hit much harder than house sales – but both were ugly : • Sales of single-family houses plunged by 24.8 % year-over-year , to 3.57 million units seasonally adjusted annual rate .
• Sales of condos and co-ops collapsed by 41.1 % year-over-year to 340,000 units seasonally adjusted annual rate .
The “ @ @ @ @ @ @ @ Closed sales in May largely reflect contracts signed in March and April .
So it ’ s a little quick to come to a conclusion as to why condo and co-op sales are collapsing like this , while house sales are only plunging .
The report – and the industry overall – points at pandemic-induced moves from multi-family buildings in big cities , such as condo towers with elevators , to houses in the suburbs , with commutes being made less arduous by work-from-home arrangements .
This would be a great trend because @ @ @ @ @ @ @ these condos are awfully overpriced .
But I ’ m not sure… .
House sales still plunged , rather than increased , as a shift from condos to houses might imply .
And a lot of condos have been bought by investors , many of them residing in other countries .
Investors ’ reasons for buying a condo vary , ranging from basic capital flight and money laundering to renting the unit out , either as regular rental or as vacation rental .
But finding new investors in condos in this environment has @ @ @ @ @ @ @ down the road if a “ move to the suburbs ” is one of the permanent changes that the pandemic has initiated .
The NAR in its report is in that camp : Sales in May fell in all regions , compared to May last year : Median price drops from April to May for first time ever in the data .
The NAR report didn ’ t mention this because it was very inconvenient .
The Median price dropped from April to May .
April to May price changes reflect the spring @ @ @ @ @ @ @ Big increases in the median price from April to May .
Even during the worst years of the housing bust , the median price increased from April to May .
It just always does no matter how bad the housing market .
The month-to-month increases from April to May tend to be big .
Last year : 4.2 % .
But not this May .
This May the median price fell 0.8 % to $ 284,600 – the first April-to-May price decline in the data going back to 1999 ( data via YCharts @ @ @ @ @ @ @ chopped the much-ballyhooed ( and pooh-poohed ) year-over-year price gain in April of 7.4 % to just 2.3 % in May .
Unsold inventory of homes that are still for sale and haven ’ t been pulled off the market yet has increased in May by 6.2 % from April to 1.55 million homes .
While still down 18.8 % from May last year – as sellers were still worried about potentially contagious people running through the homes – sales have plunged a lot more ( -26.6 % SAAR ) , so unsold @ @ @ @ @ @ @ ’ supply , the highest supply since July 2016 ( data via YCharts ) : Clearly , the housing market is in the first moments of struggling with the economic consequences of the pandemic .
Housing markets move slowly .
Things don ’ t happen overnight .
Sales take a month or two to close .
Everything takes time and data always lags .
And markets are very local , each with very different dynamics .
And this time around , there is an additional wrinkle : Millions of homeowners , rather than @ @ @ @ @ @ @ million people now on unemployment rolls , have entered into forbearance agreements with their lenders , where the lender agrees to not pursue its legal rights against the homeowner for non-payments .
This too is going to be a mess for people who still haven ’ t found a job when the forbearance agreements expire .
The market hasn ’ t even begun to wade into this mess .

First signs of a very slow-moving mess.
By Wolf Richter for WOLF STREET.
Sales of existing homes (closed transactions of single-family houses, townhomes, condos, and co-ops) plunged 29% in May compared to May last year, not seasonally adjusted, to 340,000 homes, according to the National Association of Realtors. The “seasonally adjusted annual rate of sales” (SAAR) – which is generally used as the headline number – plunged 26.6% year-over-year to 3.91 million, the lowest rate of sales since the depth of the Housing Bust in October 2010 (data via YCharts):
The 26.6% year-over-year plunge in the seasonally adjusted annual rate of sales was the biggest since February 2008, a sign of just how tough the real estate businesses has become (data via YCharts):
Condo and co-ops sales were hit much harder than house sales – but both were ugly:
Sales of single-family houses plunged by 24.8% year-over-year, to 3.57 million units seasonally adjusted annual rate.
plunged by 24.8% year-over-year, to 3.57 million units seasonally adjusted annual rate. Sales of condos and co-ops collapsed by 41.1% year-over-year to 340,000 units seasonally adjusted annual rate.
The “big move to the suburbs?”
Closed sales in May largely reflect contracts signed in March and April. So it’s a little quick to come to a conclusion as to why condo and co-op sales are collapsing like this, while house sales are only plunging.
The report – and the industry overall – points at pandemic-induced moves from multi-family buildings in big cities, such as condo towers with elevators, to houses in the suburbs, with commutes being made less arduous by work-from-home arrangements.
This would be a great trend because big cities are awfully congested, and these condos are awfully overpriced. But I’m not sure…. House sales still plunged, rather than increased, as a shift from condos to houses might imply.
And a lot of condos have been bought by investors, many of them residing in other countries. Investors’ reasons for buying a condo vary, ranging from basic capital flight and money laundering to renting the unit out, either as regular rental or as vacation rental. But finding new investors in condos in this environment has become tough.
We are primarily funded by readers. Please subscribe and donate to support us!
So we will see down the road if a “move to the suburbs” is one of the permanent changes that the pandemic has initiated. The NAR in its report is in that camp:
“Relatively better performance of single-family homes in relation to multifamily condominium properties clearly suggest migration from the city centers to the suburbs.” “After witnessing several consecutive years of urban revival, the new trend looks to be in the suburbs as more companies allow greater flexibility to work from home.”
Sales in May fell in all regions, compared to May last year:
Northeast: -29.9%
Midwest: -20.2%
South: -25.1%
West: -35.1%
Median price drops from April to May for first time ever in the data.
The NAR report didn’t mention this because it was very inconvenient. The Median price dropped from April to May.
April to May price changes reflect the spring selling season in the housing market. Big increases in the median price from April to May are the norm . Even during the worst years of the housing bust, the median price increased from April to May. It just always does no matter how bad the housing market.
The month-to-month increases from April to May tend to be big. Last year: 4.2%. But not this May. This May the median price fell 0.8% to $284,600 – the first April-to-May price decline in the data going back to 1999 (data via YCharts):
This wacko April-to-May price decline chopped the much-ballyhooed (and pooh-poohed) year-over-year price gain in April of 7.4% to just 2.3% in May.
Unsold inventory is rising.
Unsold inventory of homes that are still for sale and haven’t been pulled off the market yet has increased in May by 6.2% from April to 1.55 million homes.
While still down 18.8% from May last year – as sellers were still worried about potentially contagious people running through the homes – sales have plunged a lot more (-26.6% SAAR), so unsold homes for sale rose to 4.8 months’ supply, the highest supply since July 2016 (data via YCharts):
Clearly, the housing market is in the first moments of struggling with the economic consequences of the pandemic. Housing markets move slowly. Things don’t happen overnight. Sales take a month or two to close. Everything takes time and data always lags. And markets are very local, each with very different dynamics.
And this time around, there is an additional wrinkle: Millions of homeowners, rather than defaulting on their mortgages, with 30 million people now on unemployment rolls, have entered into forbearance agreements with their lenders, where the lender agrees to not pursue its legal rights against the homeowner for non-payments. This too is going to be a mess for people who still haven’t found a job when the forbearance agreements expire. The market hasn’t even begun to wade into this mess.


investmentwatchblog--2020-06-22--Tech #Bubble 2.0: It’s different this time. It’s worse, much much worse.

While the initial announcement of the program provided a major lift to Wall Street , there now are worries that @ @ @ @ @ getting carried away .

"Don't fight the Fed" has 538 million Google results — this even tops the 348 million for "buy the dip". Most over-used refrain in today's market lexicon. — David Rosenberg (@EconguyRosie) June 22, 2020
While the initial announcement of the program provided a major lift to Wall Street, there now are worries that the risk-on sentiment could be getting carried away.
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investmentwatchblog--2020-06-22--The HYPOCRISY is Unbelievable!

The HYPOCRISY is Unbelievable!

Girl is sick of your BS !
CALIFORNIA : Three Men in Thousand Oaks Arrested for Vandalizing Black Lives Matter Sign — Que Alanis Morisette Three Men in Thousand Oaks Arrested for Vandalizing Black Lives Matter Sign — While Hundreds of Violent BLM Activists Continue to Rip Down US Statues without Consequence Three men in Thousand Oaks , California were caught on camera vandalizing a Black Lives Matter flag .
The owner put up a surveillance camera to catch the vandals of his sign .
One of the villains is a sheriff ’ s office employee .
The three men @ @ @ @ @ @ @ Matter sign !
Meanwhile — Black Lives Matter leftists continue to smash , vandalize and tear down US statues without consequence .
Black Lives Matter sign in Thousand Oaks vandalized by employees of Ventura County sheriff ’ s and DA ’ s office Detectives recognized 60-year-old Darrin Stone — an employee of the Sheriff ’ s Office since 2005 — in images the owner posted of the vandalism online .
Stone was captured on camera slashing the sign with a knife on June 13 , and he is also accused of slashing the @ @ @ @ @ @ @ , officials said .
Detectives conducted an investigation and issued Stone a misdemeanor citation for vandalism .
He was also placed on paid administrative leave , pending both a criminal and administrative investigation , according to the Sheriff ’ s Office .
Stone is a service technician at the Pre-Trial Detention Facility in Ventura , official said .
He was off-duty at the time of both incidents .

The HYPOCRISY is Unbelievable! 💥 MUST WATCH & RT!!!! 👇🏼 pic.twitter.com/hH5aP9uk3c — TONY™ (@TONYxTWO) June 22, 2020
Girl is sick of your BS!
streamable.com/2ipr7w
CALIFORNIA: Three Men in Thousand Oaks Arrested for Vandalizing Black Lives Matter Sign — Que Alanis Morisette
Three Men in Thousand Oaks Arrested for Vandalizing Black Lives Matter Sign — While Hundreds of Violent BLM Activists Continue to Rip Down US Statues without Consequence
Three men in Thousand Oaks, California were caught on camera vandalizing a Black Lives Matter flag.
The owner put up a surveillance camera to catch the vandals of his sign.
One of the villains is a sheriff’s office employee.
The three men were ARRESTED for vandalizing a Black Lives Matter sign!
We are primarily funded by readers. Please subscribe and donate to support us!
Meanwhile — Black Lives Matter leftists continue to smash, vandalize and tear down US statues without consequence.
www.thegatewaypundit.com/2020/06/three-men-thousand-oaks-arrested-vandalizing-black-lives-matter-sign-hundreds-violent-blm-goons-continue-rip-us-statues-without-consequence/
Black Lives Matter sign in Thousand Oaks vandalized by employees of Ventura County sheriff’s and DA’s office
Detectives recognized 60-year-old Darrin Stone — an employee of the Sheriff’s Office since 2005 — in images the owner posted of the vandalism online. Stone was captured on camera slashing the sign with a knife on June 13, and he is also accused of slashing the sign a second time on June 19, officials said.
Detectives conducted an investigation and issued Stone a misdemeanor citation for vandalism. He was also placed on paid administrative leave, pending both a criminal and administrative investigation, according to the Sheriff’s Office.
Stone is a service technician at the Pre-Trial Detention Facility in Ventura, official said. He was off-duty at the time of both incidents.
ktla.com/news/black-lives-matter-sign-in-thousand-oaks-vandalised-by-sheriffs-and-das-employees/
AC


investmentwatchblog--2020-06-22--‘Studies estimate 42% of the 34 mil in jobless claims will be permanent…. So you’re transitioning fr

‘Studies estimate 42% of the 34 mil in jobless claims will be permanent…. So you’re transitioning from Depression to deep recessionary levels’

“ Studies estimate 42 % of the 34 mil in jobless claims will be permanent .
That ’ s 14.5 @ @ @ @ @ .
That ’ s right in line with the peak of the GFC .
So @ @ @ @ @ Depression to deep recessionary levels.
” The Era of Stock Buybacks Could Be Over , @ @ @ @ @ Says “ In the spirit of never letting a crisis go to waste , it @ @ @ @ @ to do that if they want to , ” he said .

WEBCAST
“Studies estimate 42% of the 34 mil in jobless claims will be permanent. That’s 14.5 million or 10% unemployment. That’s right in line with the peak of the GFC. So you’re transitioning from Depression to deep recessionary levels.”
We are primarily funded by readers. Please subscribe and donate to support us!
WEBCAST "Studies estimate 42% of the 34 mil in jobless claims will be permanent. That's 14.5 million or 10% unemployment. That's right in line with the peak of the GFC. So you're transitioning from Depression to deep recessionary levels." Free access: t.co/VT3QjFExKX pic.twitter.com/hcJ2oRuzGr — Hedgeye (@Hedgeye) June 22, 2020
Brazil: Consumer Confidence Survey pic.twitter.com/ObVmlb9hcO — Julius Probst QE INFINITY (@JuliusProbst) June 22, 2020
“In the spirit of never letting a crisis go to waste, it definitely gives governments a chance to do that if they want to,” he said.


investmentwatchblog--2020-06-22--South Korea becomes first country to announce second wave of coronavirus

South Korea is in the midst of a “ second wave ” of coronavirus infections , health officials claimed on Monday .
Until now the country had been hailed a success story for its handling of the worldwide virus pandemic .
However , the Korea Centers for Disease Control ( KCDC ) said on Monday that a rise in new cases signalled a second wave in the capital of Seoul .
Health minister Park Neung-hoo said 90 imported cases had been identified over the past week , a sharp rise from the previous week ’ s 48 .
He said @ @ @ @ @ @ @ situation as health officials need not only to contain locally transmitted infections , but also manage imported cases.
” Yo world , act accordingly , there has been spike in numbers all across Europe and we ’ re only at the end of June the fall , winter will be catastrophic ‘ We won ’ t be closing the country again ’ : Trump plays down chance of a second coronavirus wave as cases continue to mount President Donald Trump has said the US will not conduct another coronavirus shutdown even as new @ @ @ @ @ @ @ have been eased .
“ We won ’ t be closing the country again .
We won ’ t have to do that , ” Mr Trump said on Wednesday night during an interview with Fox News .
Those comments came as six American states announced all-time highs for new Covid-19 infections on Tuesday .
The states – Arizona , Florida , Oklahoma , Oregon , Texas and Nevada – have now seen thousands contract coronavirus since phased reopened began some two weeks ago .
White House economic adviser Larry Kudlow and treasury @ @ @ @ @ @ @ the United States could not shut down again .
Coronavirus : Brazil becomes second country to pass 50,000 deaths On Sunday , Brazil ’ s health ministry announced that 641 more deaths had been registered in the past 24 hours , taking the total to 50,617 .
Over the same period it also registered more than 17,000 new infections .
Only the US has fared worse overall , with 2.2 million cases and nearly 120,000 deaths .
Coronavirus : Brazil becomes second country to pass 50,000 deaths On Sunday , Brazil ’ s @ @ @ @ @ @ @ had been registered in the past 24 hours , taking the total to 50,617 .
Over the same period it also registered more than 17,000 new infections .
Only the US has fared worse overall , with 2.2 million cases and nearly 120,000 deaths .
Russia confirmed 7,600 new coronavirus infections Monday , bringing the country ’ s official number of cases to 592,280 .
The country ’ s one-day increases in new cases have fallen to their lowest levels since April .

South Korea is in the midst of a “second wave” of coronavirus infections, health officials claimed on Monday.
Until now the country had been hailed a success story for its handling of the worldwide virus pandemic. However, the Korea Centers for Disease Control (KCDC) said on Monday that a rise in new cases signalled a second wave in the capital of Seoul.
Health minister Park Neung-hoo said 90 imported cases had been identified over the past week, a sharp rise from the previous week’s 48.
He said: “The government faces a grave situation as health officials need not only to contain locally transmitted infections, but also manage imported cases.”
in.news.yahoo.com/coronavirus-south-korea-second-wave-112229586.html
Yo world, act accordingly, there has been spike in numbers all across Europe and we’re only at the end of June
the fall, winter will be catastrophic
‘We won’t be closing the country again’: Trump plays down chance of a second coronavirus wave as cases continue to mount
President Donald Trump has said the US will not conduct another coronavirus shutdown even as new cases spiked across several states where measures have been eased.
“We won’t be closing the country again. We won’t have to do that,” Mr Trump said on Wednesday night during an interview with Fox News.
Those comments came as six American states announced all-time highs for new Covid-19 infections on Tuesday.
The states – Arizona, Florida, Oklahoma, Oregon, Texas and Nevada – have now seen thousands contract coronavirus since phased reopened began some two weeks ago.
White House economic adviser Larry Kudlow and treasury secretary Steven Mnuchin have also reiterated that the United States could not shut down again.
www.independent.co.uk/news/world/americas/us-politics/trump-coronavirus-us-second-wave-cases-deaths-lockdown-a9572871.html
We are primarily funded by readers. Please subscribe and donate to support us!
I’ll just leave this here…
experience.arcgis.com/experience/96dd742462124fa0b38ddedb9b25e429
Coronavirus: Brazil becomes second country to pass 50,000 deaths
On Sunday, Brazil’s health ministry announced that 641 more deaths had been registered in the past 24 hours, taking the total to 50,617. Over the same period it also registered more than 17,000 new infections.
Only the US has fared worse overall, with 2.2 million cases and nearly 120,000 deaths.
Coronavirus: Brazil becomes second country to pass 50,000 deaths
On Sunday, Brazil’s health ministry announced that 641 more deaths had been registered in the past 24 hours, taking the total to 50,617. Over the same period it also registered more than 17,000 new infections.
Only the US has fared worse overall, with 2.2 million cases and nearly 120,000 deaths.
www.bbc.com/news/world-latin-america-53132225
Russia Passes 590K Coronavirus Cases Ahead of Victory Day Parade, Constitutional Vote
Russia confirmed 7,600 new coronavirus infections Monday, bringing the country’s official number of cases to 592,280.
The country’s one-day increases in new cases have fallen to their lowest levels since April.
www.themoscowtimes.com/2020/06/22/russia-passes-590k-coronavirus-cases-ahead-of-victory-day-parade-constitutional-vote-a69710
AC


investmentwatchblog--2020-06-22--The economic recovery was already weak before the worsening #COVID19 trend

30-50 % of GDP comes from countries with worsening Covid trends .
pic.twitter.com/8oZ4nu6qoc The economic recovery was already weak before @ @ @ @ @ : Commercial and industrial loans at all commercial banks decline for a fourth straight week @ @ @ @ @ billion to $ 2.979 trillion .
See @ federalreserve H.8 – Assets and Liabilities of @ @ @ @ @ States in FRED : t.co/QbbIgrbQ5S pic.twitter.com/dA9nnICUWg

30-50% of GDP comes from countries with worsening Covid trends. pic.twitter.com/8oZ4nu6qoc
The economic recovery was already weak before the worsening #COVID19 trend:
Commercial and industrial loans at all commercial banks decline for a fourth straight week, decreasing by $9.2 billion to $2.979 trillion. See @federalreserve H.8 – Assets and Liabilities of Commercial Banks in the United States in FRED: t.co/QbbIgrbQ5S pic.twitter.com/dA9nnICUWg
— St. Louis Fed (@stlouisfed) June 22, 2020


investmentwatchblog--2020-06-22--Are These Companies Really Investment Grade?

ARE THESE COMPANIES REALLY INVESTMENT GRADE? pic.twitter.com/QXZw2gTLHe — Win Smart, CFA (@WinfieldSmart) June 22, 2020
There were 44 Potential Fallen Angels in January, per S&P Global Ratings. There are record 126 today. No surprise: The bulk of these entail "sectors most exposed to COVID-19-related social distancing measures." And oil & gas. $ t.co/Xwt7tPHrvQ pic.twitter.com/dxa20M168Q — Leveraged Loans (@lcdnews) June 21, 2020
EQUITY ANALYSTS ARE WORTHLESS pic.twitter.com/BSi0bArEN7 — Win Smart, CFA (@WinfieldSmart) June 22, 2020
Recent rally is often being compared to the year 2009. However, valuations tell a completely different story, at least for US equities. #SP500 pic.twitter.com/omBgvuVHps — Tomasz Hońdo, CFA (@HondoTomasz) June 22, 2020


investmentwatchblog--2020-06-22--So part of Deutsche Bank’s lending to Wirecard in the form of a revolving credit facility ended up *

So part of Deutsche Bank’s lending to Wirecard in the form of a revolving credit facility ended up ***in a CLO that was sold on to other investors.***

So part of Deutsche Bank's lending to Wirecard in the form of a revolving credit facility ended up ***in a CLO that was sold on to other investors.***t.co/g5Qw9sqhNP pic.twitter.com/dBYRY2CKSL — Tracy Alloway (@tracyalloway) June 22, 2020
In hindsight, rather than let the market function or investigate the red flags, it was best to let investors keep plowing billions of Euros into this scam so they could be wiped out in a single baggy supernova. Amirite BaFin? pic.twitter.com/B5acZ3tE1A — Keubiko (@Keubiko) June 22, 2020
As a friend of mine says: Weekends. Are. Bad. For. Frauds. They are now "assessing options for a sustainable financing strategy" In other words, they are flat broke and going to file. pic.twitter.com/KC93tbXjIh — Donut Shorts (@DonutShorts) June 22, 2020


investmentwatchblog--2020-06-22--The stock market these days:

The stock market these days:

If you had any doubt about the direct and indirect impact of # CentralBanks on financial asset prices—and the moral @ @ @ @ @ have a look at these three headlines from this weekend 's # Bloomberg terminal # @ @ @ @ @ # ECB @ federalreserve # investors pic.twitter.com/ULpx7WTlzY

If you had any doubt about the direct and indirect impact of #CentralBanks on financial asset prices—and the moral hazard that comes with that—just have a look at these three headlines from this weekend's #Bloomberg terminal#economy #markets #Fed #ECB @federalreserve #investors pic.twitter.com/ULpx7WTlzY
— Mohamed A. El-Erian (@elerianm) June 22, 2020


investmentwatchblog--2020-06-22--Lower highs, lower lows since June 9, tired bull or a resting bear…

*Lower highs, lower lows since June 9, tired bull or a resting bear… pic.twitter.com/ykaZOW0kIp
Sunday, June 21: 3027 Tuesday, June 16: 3167 Wednesday, May 27: 3027
THE BEARS ARE BACK IN TOWN pic.twitter.com/0TQZHMIFQl
— Win Smart, CFA (@WinfieldSmart) June 22, 2020