investmentwatchblog--2020-08-07--Toyota expects profit to drop 80% this year as virus saps car sales

Toyota Motor on Tuesday said it expects profit to drop 80 % to its lowest in nine years , as @ @ @ @ @ grapples with the impact of the novel coronavirus which has sapped global demand for vehicles @ @ @ @ @ to gradually resume operations factories after curbs on public movement prevented workers in many countries @ @ @ @ @ face weak demand as job losses and concern about an economic downturn weigh on consumer @ @ @ @ @ has dealt us a bigger shock than the 2008 global financial crisis , ” Toyota @ @ @ @ @ a live-streamed media briefing .
“ We anticipate a big drop in sales volumes , @ @ @ @ @ expecting to remain in the black .
We hope to become a leader of the @ @ @ @ @ ” Toyota forecast an operating profit of 500 billion yen ( $ 4.66 billion ) @ @ @ @ @ 2021 , down 80 % from 2.44 trillion yen in the year just ended .
@ @ @ @ @ profit since the 2011/12 financial year .

Toyota Motor on Tuesday said it expects profit to drop 80% to its lowest in nine years, as Japan’s biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles.
Global automakers have begun to gradually resume operations factories after curbs on public movement prevented workers in many countries from commuting. But they face weak demand as job losses and concern about an economic downturn weigh on consumer spending.
“The coronavirus has dealt us a bigger shock than the 2008 global financial crisis,” Toyota President Akio Toyoda said at a live-streamed media briefing.
“We anticipate a big drop in sales volumes, but despite that we are expecting to remain in the black. We hope to become a leader of the country’s economic recovery.”
Toyota forecast an operating profit of 500 billion yen ($4.66 billion) for the year through March 2021, down 80% from 2.44 trillion yen in the year just ended. That would be its weakest profit since the 2011/12 financial year.
www.cnbc.com/2020/05/12/toyota-expects-profit-to-drop-80percent-this-year-as-virus-saps-car-sales.html


investmentwatchblog--2020-08-07--Unlimited Stock Valuation With Low Interest Rates?

Both the ISM manufacturing and services PMIs were strong .
In fact , they were stronger than their headlines indicated because of the negative impact from inventories/supplier deliveries .
This is the exact opposite factor in the recession .
We saw the supplier deliveries index spike in the recession which boosted the PMI even though this was a negative factor ( it ’ s tougher to make on time deliveries in a pandemic ) .
Maybe the PMI should be recalibrated .
Specifically , in the July manufacturing report , new orders jumped 5.1 points to 61.5 and production jumped @ @ @ @ @ @ @ readings , the PMI was only up 1.6 to 54.2 .
The inventories index fell 3.5 to 47 .
As you can see from the chart below , the percentage of firms saying inventories are too low is much higher than those saying inventories are too high .
This is an early cycle reading similar to 2010 .
Production needs to increase to keep up with demand .
13 manufacturing industries reported growth in new orders and 2 reported a decline .
You expect the manufacturing sector to do well because it typically @ @ @ @ @ @ @ , due to social distancing , growth in spending on goods is far exceeding spending growth on services .
Even so , the services PMI rose and was higher than the manufacturing PMI .
In increased from 57.1 to 58.1 which beat the consensus of 55 and the highest estimate which was 57.5 .
Most economists called for a decline in the PMI which would have made sense because it seemed like the spike in COVID-19 cases ( which is now abating ) hurt the services sector .
The business activity index rose @ @ @ @ @ @ @ index rose 6.1 to 67.7 .
Supplier deliveries and inventories fell 2.3 and 8.7 to 55.2 and 52 .
It ’ s a good thing to see inventories increase at a much lesser rate while demand increases .
The employment index fell 1 point to 42.1 .
This is in line with the weakness in the household pulse survey .
Just like how production in manufacturing needs to increase to keep up with demand , services firms should hire more people to keep up with the improvement in orders .
This should give @ @ @ @ @ @ @ labor market will rebound after a weak July .
We ’ ve been suggesting a weak July BLS report might be coming this Friday .
For some reason , the consensus is for 2 million jobs created .
The lowest estimate is 350,000 jobs added .
In fact , the consensus is anticipating public sector job losses as the consensus is for 2.175 million private sector jobs added .
Economists expect the unemployment rate to fall from 11.1 % to 10.5 % .
There is a massive difference between the consensus and the @ @ @ @ @ @ @ from the chart below , private sector payrolls fell from 4.314 million to 167,000 which missed estimates for 1.888 million .
The lowest estimate for 750,000 was missed .
On the one hand , you can say this helps investors brace for a weak BLS report .
However , the stock market rose on Wednesday , so there wasn ’ t any nervousness .
There is extreme speculation in markets as the Nasdaq was on a 6 day winning streak and gold was up in 12 of 13 days for the first time @ @ @ @ @ @ @ close ) .
There were 63,000 jobs added in small firms , 25,000 jobs lost by mid-sized firms , and 129,000 jobs added by large firms .
The goods producing sector added 1,000 jobs and service providing added 166,000 .
Even though that looks lopsided , it ’ s the service sector that likely missed estimates the most .
The strongest industry was professional and business which added 58,000 jobs .
It ’ s a well-paying cyclical industry , so this is important .
The education and healthcare industry added 46,000 jobs .
@ @ @ @ @ @ @ get back to having elective surgeries .
This pandemic caused a massive swoon in the cash flows of hospitals as elective surgeries were postponed to avoid spreading the virus .
This was a temporary boon for health insurers , but there are laws that say how much care they need to provide customers , so they didn ’ t just pocket that money .
The Nasdaq 100 ’ s 20 day moving average has increased 82 straight days which is the 3rd longest streak ever .
The longest ended before the COVID-19 crash @ @ @ @ @ @ @ streak in the 1990s got this long .
The FAAMNG stocks are now larger than the materials , energy , financial , and industrial sectors .
When you start seeing companies expand beyond bounds that make any sense , it ’ s a sign of a bubble .
The fact that GM is considering spinning off its EV business is another sign of a bubble .
In 1998 , Barnes and Noble announced it would spin off its online business .
Companies want to take advantage of the euphoria anyway they can .
@ @ @ @ @ @ @ chart below , large cap growth stocks ’ relative trailing PE ratios have surpassed the end of 1999 peak .
It ’ s not fair to say stocks should get unlimited valuations because interest rates are low .
If that was the case , value stocks would get some capital .
After all , they have higher dividend yields than the 10 year yield .
The top chart shows the relative multiple of large cap value stocks is the lowest outside the late 1990s and early 2000s .
The 75 fastest growing large @ @ @ @ @ @ @ market multiple , which is above the tech bubble peak .
The latest fad explanation is that these growth stocks will grow into their valuations .
That ’ s probably the best case scenario .
A stock doing nothing for a few years if the company operates flawlessly is a poor reward .
That ’ s all risk and no reward .
As you can see from the chart below , Apple needs to grow at its historical rate for 5 years to make sense of its current valuation .
In other words @ @ @ @ @ @ @ returns for 5 years .
Of course , if you ’ re betting on near term speculation , you can expect gains .
That ’ s how we ’ ve gotten the recent fantastic returns .
Amazon would need to grow 31 years to fit its valuation .
The historical growth rates of these popular tech stocks might not be hit because they are so large .
With current margins , Apple and Amazon would need $ 380 billion and $ 3.1 trillion in sales to generate these earnings .
Both stocks are @ @ @ @ @ @ @ Russell 2000 by analysts as they have no regard for the macro picture .
The BLS labor report will be weak , but the ISM readings suggest stronger employment and manufacturing production are coming .
The ADP report missed estimates wildly , but stocks didn ’ t care as they were laser focused on the coming stimulus package .
Large cap growth stocks have never been more expensive on a relative basis .
The big tech stocks need years without stock price appreciation to grow into valuations .
No return for a few @ @ @ @ @ @ @ If they don ’ t execute or face regulatory headwind , their stocks will fall .

by UPFINA
Both the ISM manufacturing and services PMIs were strong. In fact, they were stronger than their headlines indicated because of the negative impact from inventories/supplier deliveries. This is the exact opposite factor in the recession. We saw the supplier deliveries index spike in the recession which boosted the PMI even though this was a negative factor (it’s tougher to make on time deliveries in a pandemic). Maybe the PMI should be recalibrated.
Specifically, in the July manufacturing report, new orders jumped 5.1 points to 61.5 and production jumped to 62.1. Even with those strong readings, the PMI was only up 1.6 to 54.2. The inventories index fell 3.5 to 47. As you can see from the chart below, the percentage of firms saying inventories are too low is much higher than those saying inventories are too high. This is an early cycle reading similar to 2010. Production needs to increase to keep up with demand. 13 manufacturing industries reported growth in new orders and 2 reported a decline.
Inventories are too low. In ISM, percent of respondents saying inventories too low rose to 29.4 while percent saying too high fell to 12.6. This comes despite stronger production, which means that production hasn't risen enough. Factories to be a tailwind for growth. pic.twitter.com/TiKAjjuAoZ — RenMac: Renaissance Macro Research (@RenMacLLC) August 4, 2020
You expect the manufacturing sector to do well because it typically quickly bounces back from recessions. Also, due to social distancing, growth in spending on goods is far exceeding spending growth on services. Even so, the services PMI rose and was higher than the manufacturing PMI. In increased from 57.1 to 58.1 which beat the consensus of 55 and the highest estimate which was 57.5. Most economists called for a decline in the PMI which would have made sense because it seemed like the spike in COVID-19 cases (which is now abating) hurt the services sector.
The business activity index rose 1.2 to 67.2 and the new orders index rose 6.1 to 67.7. Supplier deliveries and inventories fell 2.3 and 8.7 to 55.2 and 52. It’s a good thing to see inventories increase at a much lesser rate while demand increases. The employment index fell 1 point to 42.1. This is in line with the weakness in the household pulse survey. Just like how production in manufacturing needs to increase to keep up with demand, services firms should hire more people to keep up with the improvement in orders. This should give us confidence consumer spending growth and the labor market will rebound after a weak July.
Huge ADP Miss
We’ve been suggesting a weak July BLS report might be coming this Friday. For some reason, the consensus is for 2 million jobs created. The lowest estimate is 350,000 jobs added. In fact, the consensus is anticipating public sector job losses as the consensus is for 2.175 million private sector jobs added. Economists expect the unemployment rate to fall from 11.1% to 10.5%.
There is a massive difference between the consensus and the ADP report. As you can see from the chart below, private sector payrolls fell from 4.314 million to 167,000 which missed estimates for 1.888 million. The lowest estimate for 750,000 was missed. On the one hand, you can say this helps investors brace for a weak BLS report. However, the stock market rose on Wednesday, so there wasn’t any nervousness. There is extreme speculation in markets as the Nasdaq was on a 6 day winning streak and gold was up in 12 of 13 days for the first time ever (as of Wednesday’s close).
We are primarily funded by readers. Please subscribe and donate to support us!
Wow! #ADP employment change +167K in July against 1.2 million expected. Looks like US labor market really is stalling. pic.twitter.com/1v84j9lIW0 — jeroen blokland (@jsblokland) August 5, 2020
There were 63,000 jobs added in small firms, 25,000 jobs lost by mid-sized firms, and 129,000 jobs added by large firms. The goods producing sector added 1,000 jobs and service providing added 166,000. Even though that looks lopsided, it’s the service sector that likely missed estimates the most. The strongest industry was professional and business which added 58,000 jobs. It’s a well-paying cyclical industry, so this is important.
The education and healthcare industry added 46,000 jobs. Healthcare will add more jobs as people get back to having elective surgeries. This pandemic caused a massive swoon in the cash flows of hospitals as elective surgeries were postponed to avoid spreading the virus. This was a temporary boon for health insurers, but there are laws that say how much care they need to provide customers, so they didn’t just pocket that money.
Large Cap Growth Bubble Knows No Bounds
The Nasdaq 100’s 20 day moving average has increased 82 straight days which is the 3rd longest streak ever. The longest ended before the COVID-19 crash. It was 89 days. No streak in the 1990s got this long. The FAAMNG stocks are now larger than the materials, energy, financial, and industrial sectors. When you start seeing companies expand beyond bounds that make any sense, it’s a sign of a bubble. The fact that GM is considering spinning off its EV business is another sign of a bubble. In 1998, Barnes and Noble announced it would spin off its online business. Companies want to take advantage of the euphoria anyway they can.
As you can see from the bottom chart below, large cap growth stocks’ relative trailing PE ratios have surpassed the end of 1999 peak. It’s not fair to say stocks should get unlimited valuations because interest rates are low. If that was the case, value stocks would get some capital. After all, they have higher dividend yields than the 10 year yield. The top chart shows the relative multiple of large cap value stocks is the lowest outside the late 1990s and early 2000s.
The 75 fastest growing large cap stocks trade at 4.5 times the market multiple, which is above the tech bubble peak. The latest fad explanation is that these growth stocks will grow into their valuations. That’s probably the best case scenario. A stock doing nothing for a few years if the company operates flawlessly is a poor reward. That’s all risk and no reward.
As you can see from the chart below, Apple needs to grow at its historical rate for 5 years to make sense of its current valuation. In other words, the best case scenario is no returns for 5 years. Of course, if you’re betting on near term speculation, you can expect gains. That’s how we’ve gotten the recent fantastic returns. Amazon would need to grow 31 years to fit its valuation. The historical growth rates of these popular tech stocks might not be hit because they are so large. With current margins, Apple and Amazon would need $380 billion and $3.1 trillion in sales to generate these earnings. Both stocks are projected to be the size of the Russell 2000 by analysts as they have no regard for the macro picture.
Let’s assume that big tech valuations should converge versus 20 X forward earnings, which has been the ceiling for the P/E of the S&P 500 index during the dotcom years. Apple would need 5 years and Amazon would need 31 years to "grow into their valuations". Caveat emptor 4/4 pic.twitter.com/6xyhdqFC4H — Vincent Deluard (@VincentDeluard) July 29, 2020
Conclusion
The BLS labor report will be weak, but the ISM readings suggest stronger employment and manufacturing production are coming. The ADP report missed estimates wildly, but stocks didn’t care as they were laser focused on the coming stimulus package. Large cap growth stocks have never been more expensive on a relative basis. The big tech stocks need years without stock price appreciation to grow into valuations. No return for a few years is the best case scenario. If they don’t execute or face regulatory headwind, their stocks will fall.


investmentwatchblog--2020-08-07--US Stock Market More Extreme Than In March

Just because the S & P 500 has regained almost all of its bear market losses and COVID-19 cases are starting to fall doesn ’ t mean we aren ’ t living in unprecedented times .
There are some aspects of the current market that are even more extreme than this March .
The most amazing situation in markets might be that the 10 year yield is at about 50 basis points which is near a record low in history , while the Fed is embarking on the most extreme path towards boosting inflation ever .
If the Fed is @ @ @ @ @ @ @ ’ s amazing how much confidence stock traders have in the Fed to support equity prices and how little confidence bond holders have in the Fed to boost inflation and growth .
Last week , Powell stated the Fed will end its 1 year examination of policy communication and implementation “ in the near future.
” The Fed is still looking over the mistake it made to raise rates and shrink the balance sheet .
The Fed would have been releasing its findings and updating policy anyway .
With inflation lower than when @ @ @ @ @ @ @ s hard to overestimate the lengths the Fed will go to , to boost inflation .
Powell stated the policy statement which should come in the next few weeks , will be “ really codifying the way we ’ re already acting with our policies .
To a large extent , we ’ re already doing the things that are in there.
” This is enhanced forward guidance .
The Fed could specify the exact inflation rate it would need to see before raising rates .
Evans of the Chicago Fed talked about @ @ @ @ @ @ @ % .
The bond market doesn ’ t believe the Fed .
You can argue it ’ s completely unrealistic to even mention 2.5 % inflation because of how far away the economy is from that .
You can think of this like an unprofitable company saying it won ’ t issue new shares until it reaches an unrealistic goal on margins .
It can be a critical mistake for the Fed to be so dovish if all the policy does is raise stock prices .
That would create an even worse problem @ @ @ @ @ @ @ mentioned , the stock market is confident in the Fed and the bond market isn ’ t .
If they are both correct , this policy will only lead to trouble .
Lower rates lead to higher stock prices , but at a certain point the situation gets out of control .
Investors won ’ t use current rates to value stocks unless they think they are here to stay .
As you can see from the chart below , the equity risk premium is quite high because of how low rates are @ @ @ @ @ @ @ Fed does whatever it takes to convince people low rates are here to stay , it encourages stock speculation .
That does nothing to increase inflation .
We just had one of the longest bull markets in history while inflation was low .
In other words , if the Fed fails to boost inflation like it has in recent history , we will have a more perverse version of the last cycle .
If the Fed is successful at generating inflation , it could cause stocks to crash because then they will be @ @ @ @ @ @ @ for Americans to have their bond and stock portfolios lose value simultaneously .
We ’ ve spent a lot of time on what could go wrong .
Let ’ s look at the positive side .
It ’ s possible this latest policy clarification increases inflation modestly .
That might only cause a small decline in growth stocks .
It depends on how overvalued you think they are .
If the fiscal stimulus and the decline in COVID-19 cases help create a cyclical recovery , we could see a sector rotation into these @ @ @ @ @ @ @ Steady low inflation in a growing economy is better than near zero inflation in a recession .
Many people have criticized the Fed for caring too much about the stock market .
Now , the stock market matters more than ever because of how many retail investors are involved .
According to Citadel Securities , retail investors account for 20 % to 25 % of stock market trading which is up from the historical range of 10 % .
The problem with supporting the stock market is it becomes so big that you @ @ @ @ @ @ @ & P 500 is too big to fail .
The chart above shows the huge spike in retail trading activity on Robinhood that began in March 2020 .
Bullish investors are so focused on the economic recovery , they are missing this classic sign of a market top .
The stock market isn ’ t supposed to top after a recession .
However , the conventional wisdom also said we needed to see a retest of the March lows , which never happened .
This has been a year like no other .
@ @ @ @ @ @ @ intense retail speculation and high concentration you can see how this looks more like a late cycle rally than an early cycle one .
The market is extremely concentrated in a few mega cap tech stocks .
There are price targets that put Apple ( $ 480 ) and Amazon ( $ 4,200 ) with the same market cap as the Russell 2000 ( if it stays where it is now ) .
As you can see from the chart below , the top 6 S & P 500 companies ( the FAAMNGs @ @ @ @ @ @ @ than all Canadian and European stocks .
This is a great viewpoint ; GDP only has a tangential relation to market cap .
The net difference between all European and Canadian stocks and the top 6 American stocks has fallen by over $ 2 trillion since February .
The Fed is about to embark on a more extreme monetary policy by codifying when it will hike rates .
Some will say these inflation suggestions of 2.5 % are so far outside where inflation has been in the past decade that the Fed is @ @ @ @ @ @ @ .
That ’ s what investors need to hear to value stocks based on current rates .
The Fed doesn ’ t want to disrupt the stock market .
That could create negative consequences .
The problem is the more important the stock market gets , the worse a correction would be for the everyday person .
Unfortunately , the masses tend to get involved in the stock market at the exact wrong time historically , causing more damage to the economy than there ordinarily would be .

by UPFINA
Just because the S&P 500 has regained almost all of its bear market losses and COVID-19 cases are starting to fall doesn’t mean we aren’t living in unprecedented times. There are some aspects of the current market that are even more extreme than this March. The most amazing situation in markets might be that the 10 year yield is at about 50 basis points which is near a record low in history, while the Fed is embarking on the most extreme path towards boosting inflation ever. If the Fed is successful, rates will spike. It’s amazing how much confidence stock traders have in the Fed to support equity prices and how little confidence bond holders have in the Fed to boost inflation and growth.
Last week, Powell stated the Fed will end its 1 year examination of policy communication and implementation “in the near future.” The Fed is still looking over the mistake it made to raise rates and shrink the balance sheet. The Fed would have been releasing its findings and updating policy anyway. With inflation lower than when it started this journey, it’s hard to overestimate the lengths the Fed will go to, to boost inflation. Powell stated the policy statement which should come in the next few weeks, will be “really codifying the way we’re already acting with our policies. To a large extent, we’re already doing the things that are in there.” This is enhanced forward guidance.
The Fed could specify the exact inflation rate it would need to see before raising rates. Evans of the Chicago Fed talked about not raising rates until inflation hits 2.5%. The bond market doesn’t believe the Fed. You can argue it’s completely unrealistic to even mention 2.5% inflation because of how far away the economy is from that. You can think of this like an unprofitable company saying it won’t issue new shares until it reaches an unrealistic goal on margins. It can be a critical mistake for the Fed to be so dovish if all the policy does is raise stock prices. That would create an even worse problem without generating higher inflation. As we mentioned, the stock market is confident in the Fed and the bond market isn’t. If they are both correct, this policy will only lead to trouble.
Are Stocks Cheap?
Lower rates lead to higher stock prices, but at a certain point the situation gets out of control. Investors won’t use current rates to value stocks unless they think they are here to stay. As you can see from the chart below, the equity risk premium is quite high because of how low rates are which makes stocks attractive. If the Fed does whatever it takes to convince people low rates are here to stay, it encourages stock speculation. That does nothing to increase inflation. We just had one of the longest bull markets in history while inflation was low. In other words, if the Fed fails to boost inflation like it has in recent history, we will have a more perverse version of the last cycle. If the Fed is successful at generating inflation, it could cause stocks to crash because then they will be expensive. It would be a disaster for Americans to have their bond and stock portfolios lose value simultaneously.
We are primarily funded by readers. Please subscribe and donate to support us!
Equity risk premium over time. pic.twitter.com/J8fLP88osr — Read Capital (@Read_cap) August 4, 2020
The Winning Formula
We’ve spent a lot of time on what could go wrong. Let’s look at the positive side. It’s possible this latest policy clarification increases inflation modestly. That might only cause a small decline in growth stocks. It depends on how overvalued you think they are. If the fiscal stimulus and the decline in COVID-19 cases help create a cyclical recovery, we could see a sector rotation into these value stocks without a market implosion. Steady low inflation in a growing economy is better than near zero inflation in a recession.
Now Stocks Matter
Many people have criticized the Fed for caring too much about the stock market. Now, the stock market matters more than ever because of how many retail investors are involved. According to Citadel Securities, retail investors account for 20% to 25% of stock market trading which is up from the historical range of 10%. The problem with supporting the stock market is it becomes so big that you have to support it. The S&P 500 is too big to fail.
The chart above shows the huge spike in retail trading activity on Robinhood that began in March 2020. Bullish investors are so focused on the economic recovery, they are missing this classic sign of a market top. The stock market isn’t supposed to top after a recession. However, the conventional wisdom also said we needed to see a retest of the March lows, which never happened. This has been a year like no other. Surely at a time when there is intense retail speculation and high concentration you can see how this looks more like a late cycle rally than an early cycle one.
Extreme Concentration
The market is extremely concentrated in a few mega cap tech stocks. There are price targets that put Apple ($480) and Amazon ($4,200) with the same market cap as the Russell 2000 (if it stays where it is now). As you can see from the chart below, the top 6 S&P 500 companies (the FAAMNGs) now have a higher market cap than all Canadian and European stocks. This is a great viewpoint; GDP only has a tangential relation to market cap. The net difference between all European and Canadian stocks and the top 6 American stocks has fallen by over $2 trillion since February.
The FANG stocks, Apple and Microsoft add up to $7 trillion of market value — more than the S&P TSX, CAC 40, DAX, FTSE MIB, IBEX 35 and FTSE 100 combined. See my Chart of the Day. t.co/KUsAjwjoPs pic.twitter.com/FyM0E9XC8J — Bloomberg Radio's Dave Wilson (@TheOneDave) August 4, 2020
Conclusion
The Fed is about to embark on a more extreme monetary policy by codifying when it will hike rates. Some will say these inflation suggestions of 2.5% are so far outside where inflation has been in the past decade that the Fed is essentially saying it will never hike rates. That’s what investors need to hear to value stocks based on current rates. The Fed doesn’t want to disrupt the stock market. That could create negative consequences. The problem is the more important the stock market gets, the worse a correction would be for the everyday person. Unfortunately, the masses tend to get involved in the stock market at the exact wrong time historically, causing more damage to the economy than there ordinarily would be.


investmentwatchblog--2020-08-07--Oaktree’s Marks Says U.S. Could Be in Depression Without Fed

Howard Marks , co-founder and co-chairman at Oaktree Capital , the largest investor in distressed securities worldwide , warns the @ @ @ @ @ can ’ t keep stimulating the economy forever .

Howard Marks, co-founder and co-chairman at Oaktree Capital, the largest investor in distressed securities worldwide, warns the Federal Reserve and U.S. Treasury can’t keep stimulating the economy forever.
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investmentwatchblog--2020-08-07--Dollar Most Oversold in 40 Years, Says Morgan Stanley; Exits Short Position… Investors Load Up on Ca

Dollar Most Oversold in 40 Years, Says Morgan Stanley; Exits Short Position… Investors Load Up on Cash, Gold in Flight From Stocks: BofA

Dollar Most Oversold in 40 Years , Says Morgan Stanley ; Exits Short Position The dollar is at its most @ @ @ @ @ years , investment bank Morgan Stanley said on Friday , adding it had now shifted @ @ @ @ @ turned “ tactically neutral ” on the U.S. currency .
Investors Load Up on Cash @ @ @ @ @ Stocks : BofA Investors flocked to cash , gold and investment-grade bonds , BofA ’ @ @ @ @ @ on Friday , as the United States awaited approval from Congress for further stimulus .
@ @ @ @ @ 8 : Fed ’ s Assets Fall by - $ 4 Billion for the Week @ @ @ @ @ Billion Since June 10 The Fed is funding consumption circuitously via Treasuries and government stimulus @ @ @ @ @ asset prices to consumer prices .

The dollar is at its most oversold level in over 40 years, investment bank Morgan Stanley said on Friday, adding it had now shifted from its dollar-bearish stance and turned “tactically neutral” on the U.S. currency.
Investors flocked to cash, gold and investment-grade bonds, BofA’s fund flow statistics showed on Friday, as the United States awaited approval from Congress for further stimulus.
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The Fed is funding consumption circuitously via Treasuries and government stimulus spending, shifting impact from asset prices to consumer prices.


investmentwatchblog--2020-08-07--Owning Gold And Silver Is Critical For The End Game

“ …unprecedented monetary stimulus is fueling asset bubbles and corporate debt addiction — rendering interest-rate hikes impossible without an economic @ @ @ @ @ 3,000 to $ 5,000 an ounce in the next three to five years ” – @ @ @ @ @ the $ 450 million Quadriga Igneo fund , which is up 47 % YTD My @ @ @ @ @ is low by several multiples on his estimate for the eventual price of gold before @ @ @ @ @ .
And , based on the current gold/silver ratio , the price of silver is @ @ @ @ @ gold .
Kenneth Ameduri invited me back on to his Crush The Street podcast to @ @ @ @ @ precious metals raging bull market and what the end game might look like :

by Dave Kranzler of Investment Research Dynamics
“…unprecedented monetary stimulus is fueling asset bubbles and corporate debt addiction — rendering interest-rate hikes impossible without an economic crash…gold could rise to $3,000 to $5,000 an ounce in the next three to five years” – Diego Parrilla, head of the $450 million Quadriga Igneo fund, which is up 47% YTD
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My personal view is that Diego is low by several multiples on his estimate for the eventual price of gold before the entire system is reset. And, based on the current gold/silver ratio, the price of silver is 4x undervalued in relation to gold.
Kenneth Ameduri invited me back on to his Crush The Street podcast to discuss the factors behind the precious metals raging bull market and what the end game might look like:


investmentwatchblog--2020-08-07--Sally Yates just testified that she would not have signed off on the surveillance of Carter Page if

Sally Yates just testified that she would not have signed off on the surveillance of Carter Page if she knew @ @ @ @ @ That follows Rod Rosenstein saying the same thing .
t.co/T8WiCzbbxN

Sally Yates just testified that she would not have signed off on the surveillance of Carter Page if she knew what she knows now. That follows Rod Rosenstein saying the same thing. t.co/T8WiCzbbxN
— Jonathan Turley (@JonathanTurley) August 5, 2020


investmentwatchblog--2020-08-07--Trump Flip-Flops: Now Supports Mail-in Ballots For Swing State Florida

The political theatre is endless .
Somehow , Donald Trump has now changed his mind on mail-in ballots , but only in the swing state of Florida .
Be ready , this is all a set up for a contested election in November and a disastrous outcome .
If you haven ’ t figured out the two-party system is a scam yet , you may be surprised to hear Trump switched sides on an issue , but only when it will have the effect of conditioning the masses to be ready for election drama this fall .
The president on @ @ @ @ @ @ @ by mail , first via a tweet and later at his daily coronavirus press conference , according to a report by Market Watch .
“ Florida has been working on this for years .
They have a very good system for mail-in , ” said Trump , when asked by a reporter to explain his seeming change of heart .
The president credited two “ great ” Florida governors , Rick Scott and the current incumbent Ron DeSantis , for building Florida ’ s current system .
At the same time , though @ @ @ @ @ @ @ of Nevada ’ s decision to mail ballots to all voters in the Western swing state .
The Democratic governor and Democratic-controlled state legislature approved the plan over the weekend .
But this is all part of the larger plan .
Based on models already released , we know the election is going to be interesting , to say the least… MSM Frenzy : Trump Floats The Idea Of Delaying The Election For those paying attention , you are already well aware that the election is nothing more than an illusion of choice @ @ @ @ @ @ @ the system as clave cogs to the machine of control , there will be a defense of Trump ’ s wishy-washiness .
The point is , we won ’ t really have a choice anyway .
The Federal Reserve is in control and they will select the puppet .
If the election is delayed , it will be because the Federal Reserve wants it to be , and it ’ ll have little if anything to do with Trump .
He ’ s just playing his part for the predictive programming and the @ @ @ @ @ @ @ again .
Have people really not figured this out yet ?
However , when the mainstream media goes nuts over anything , we should all be paying attention to their brainwashing and mind-numbing propaganda to alert us to potential future events .
–SHTFPlan This is all a setup and we are being played .
The election is nothing more than a selection by the bankers of the world .
They will get whatever puppet necessary behind the oval office to complete their agenda , and they are using Trump as a puppet to @ @ @ @ @ @ @ gearing us up for a contested election already with predictive programming .
Wake up , folks .
The joke is on us .
Before waving this away as nothing , remember , the elitists have already modeled this exact scenario : We live in a world of psychological operations and they are being blasted at us 24/7 since March when COVID-19 and social distancing were all the media could talk about .
Trump has also already reused to say he ’ d accept the outcome of the election if Joe Biden wins .
@ @ @ @ @ @ @ event that could possibly spiral into a civil war , but at a bare minimum , will cause social upheaval this November and beyond .
And the masses are still falling for it and fighting over which puppet will be chosen by the central banks to rule them .
–SHTFplan Wake up .
We are being played .
This is all a predictive programming psyop game to those pushing the New World Order .
Prepare for social unrest .
They are advertising what they plan to do to us .
You have time @ @ @ @ @ @ @ If you don ’ t have 6 months ’ worth of food and some lead to protect that food , consider finding some .
Hopefully , you ’ ve figured out the scam by now .
If not , you ’ re probably still relying on some political messiah to save you from the very system designed to destroy you .

by Mac Slavo of SHTFplan
The political theatre is endless. Somehow, Donald Trump has now changed his mind on mail-in ballots, but only in the swing state of Florida. Be ready, this is all a set up for a contested election in November and a disastrous outcome.
If you haven’t figured out the two-party system is a scam yet, you may be surprised to hear Trump switched sides on an issue, but only when it will have the effect of conditioning the masses to be ready for election drama this fall. The president on Tuesday encouraged voters in Florida to vote by mail, first via a tweet and later at his daily coronavirus press conference, according to a report by Market Watch.
“Florida has been working on this for years. They have a very good system for mail-in,” said Trump, when asked by a reporter to explain his seeming change of heart. The president credited two “great” Florida governors, Rick Scott and the current incumbent Ron DeSantis, for building Florida’s current system.
At the same time, though, the president continues his repeated criticism of Nevada’s decision to mail ballots to all voters in the Western swing state. The Democratic governor and Democratic-controlled state legislature approved the plan over the weekend. But this is all part of the larger plan. Based on models already released, we know the election is going to be interesting, to say the least…
Another Secret Model: A Contested 2020 Election
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MSM Frenzy: Trump Floats The Idea Of Delaying The Election
For those paying attention, you are already well aware that the election is nothing more than an illusion of choice. But for those still stuck in the system as clave cogs to the machine of control, there will be a defense of Trump’s wishy-washiness.
The point is, we won’t really have a choice anyway. The Federal Reserve is in control and they will select the puppet. If the election is delayed, it will be because the Federal Reserve wants it to be, and it’ll have little if anything to do with Trump. He’s just playing his part for the predictive programming and the mainstream media is stirring up the fear again. Have people really not figured this out yet? However, when the mainstream media goes nuts over anything, we should all be paying attention to their brainwashing and mind-numbing propaganda to alert us to potential future events. –SHTFPlan
This is all a setup and we are being played. The election is nothing more than a selection by the bankers of the world. They will get whatever puppet necessary behind the oval office to complete their agenda, and they are using Trump as a puppet to bring this into reality:
This is gearing us up for a contested election already with predictive programming. Wake up, folks. The joke is on us. Before waving this away as nothing, remember, the elitists have already modeled this exact scenario: We live in a world of psychological operations and they are being blasted at us 24/7 since March when COVID-19 and social distancing were all the media could talk about. Trump has also already reused to say he’d accept the outcome of the election if Joe Biden wins. This opens the door for a major event that could possibly spiral into a civil war, but at a bare minimum, will cause social upheaval this November and beyond. And the masses are still falling for it and fighting over which puppet will be chosen by the central banks to rule them. –SHTFplan
Wake up. We are being played. This is all a predictive programming psyop game to those pushing the New World Order. Prepare for social unrest. They are advertising what they plan to do to us. You have time, make the most of it. If you don’t have 6 months’ worth of food and some lead to protect that food, consider finding some.
Hopefully, you’ve figured out the scam by now. If not, you’re probably still relying on some political messiah to save you from the very system designed to destroy you.


investmentwatchblog--2020-08-07--Dire warning: US-China war ‘within 3 months’ (Full show)

Australian Prime Minister Scott Morrison says a war between the US and China is no longer “ inconceivable ” unless cooler heads prevail in diplomacy .
This comes at a time of growing friction between China and Australia .
RT America ’ s John Huddy reports .
Then John Sitilides of Trilogy Advisers and former UK MP George Galloway weigh in .
A new study on the impact of deforestation on our planet ’ s health paints a grim picture for the future of human civilization , which will begin to collapse in 20-40 years , according to the authors @ @ @ @ @ @ @ s Alex Mihailovich has the details .
RT ’ s Igor Zhdanov reports from Beirut in the wake of Monday ’ s devastating explosion as Russian medical professionals and search teams arrive to help tend the wounded and search for those still trapped beneath the rubble .
Then mechanical engineer and explosions expert Rene Basulto shares his analysis of the explosion and its likely causes .
Unemployment sees an apparent decrease as Congress dithers over new stimulus legislation .
John Grace of Investor ’ s Advantage Corp joins Rick Sanchez to explain the @ @ @ @ @ @ @ .

Australian Prime Minister Scott Morrison says a war between the US and China is no longer “inconceivable” unless cooler heads prevail in diplomacy. This comes at a time of growing friction between China and Australia. RT America’s John Huddy reports. Then John Sitilides of Trilogy Advisers and former UK MP George Galloway weigh in.
A new study on the impact of deforestation on our planet’s health paints a grim picture for the future of human civilization, which will begin to collapse in 20-40 years, according to the authors of the study. RT America’s Alex Mihailovich has the details.
We are primarily funded by readers. Please subscribe and donate to support us!
RT’s Igor Zhdanov reports from Beirut in the wake of Monday’s devastating explosion as Russian medical professionals and search teams arrive to help tend the wounded and search for those still trapped beneath the rubble. Then mechanical engineer and explosions expert Rene Basulto shares his analysis of the explosion and its likely causes.
Unemployment sees an apparent decrease as Congress dithers over new stimulus legislation. John Grace of Investor’s Advantage Corp joins Rick Sanchez to explain the real state of the US unemployment problem.


investmentwatchblog--2020-08-07--And Fact Checkers are officially proven worthless

Someone in a group I follow on FB posted this “ meme ” of Epstein with no contextual reference to @ @ @ @ @ I hope this doesn ’ t get fact checked .
It proceeded to get fact @ @ @ @ @ the Clinton ’ s involvement with him 😂😂 This is solid proof that fact checks @ @ @ @ @ is why people don ’ t trust the MSM , which in itself has become @ @ @ @ @

by vanillathunda1989
Someone in a group I follow on FB posted this “meme” of Epstein with no contextual reference to anything at all other than I hope this doesn’t get fact checked. It proceeded to get fact checked denying any allegations about the Clinton’s involvement with him 😂😂
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This is solid proof that fact checks are a joke. This is why people don’t trust the MSM, which in itself has become a very dangerous joke.


investmentwatchblog--2020-08-07--Los Angeles Mayor Goes Full Totalitarian, Tries to Nullify the Right to Assemble

Shutting off power in the middle of summer sounds dangerous , too : archive.vn/l4RJD

Shutting off power in the middle of summer sounds dangerous, too: archive.vn/l4RJD
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investmentwatchblog--2020-08-08--Trump uses Executive Order to Provide Tax & Unemployment Relief the Democrats Refuse to Provide

President Trump signed executive orders on Saturday to provide while the Democrats are more interested in trying to hurt people @ @ @ @ @ House .
Trump has provided more aid to people who have been devasted by this @ @ @ @ @ has included the extension of the $ 400 weekly unemployment benefits and he has granted @ @ @ @ @ workers making less than $ 100,000 .
Trump came out and bluntly accused congressional Democrats @ @ @ @ @ .
Trump said : “ Through these four actions , my administration will provide immediate @ @ @ @ @ struggling at this difficult time.
” The left-wing press has his hands tied that he @ @ @ @ @ belongs in prison .
He is forced to simply use executive order to do what @ @ @ @ @ .
He also said he ’ s weighing additional income tax relief and capital gains @ @ @

by Martin Armstrong
President Trump signed executive orders on Saturday to provide while the Democrats are more interested in trying to hurt people just to win the White House. Trump has provided more aid to people who have been devasted by this coronavirus pandemic charade. Trump has included the extension of the $400 weekly unemployment benefits and he has granted a payroll tax holiday for workers making less than $100,000. Trump came out and bluntly accused congressional Democrats of “stonewalling” negotiations. Trump said:
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“Through these four actions, my administration will provide immediate and vital relief to Americans struggling at this difficult time.”
The left-wing press has his hands tied that he cannot fire Fauci who belongs in prison. He is forced to simply use executive order to do what the Democrats refuse to do. He also said he’s weighing additional income tax relief and capital gains tax cuts.


investmentwatchblog--2020-08-08--Is The Economy Back To Recovering Quickly?

In the week of August 1st , seasonally adjusted jobless claims fell from 1.435 million to 1.186 million which was way below the consensus of 1.442 million .
It was even below the lowest estimate which was 1.38 million .
This is impressive because the seasonal adjustment pushed it higher just like last week which was partially why seasonally adjusted claims rose in that report .
As you can see from the chart below , non-seasonally adjusted initial claims finally fell below 1 million .
They declined from 1.2 million to 980,000 .
This was the biggest weekly decline since @ @ @ @ @ @ @ week for claims to fall because there is less room for them to fall .
For context , if claims were to fall this much every week , they ’ d be back to normal in 3 weeks .
This decline was so strong it ’ s unsustainable .
Many critics have been saying that if the extra benefits were ended , like they temporarily were on July 25th , that people would suddenly be motivated to go back to work .
The problem with that logic is people have been going back @ @ @ @ @ @ @ .
If more jobs were available , almost everyone would be back to work .
There is no logic to wanting to stay home from work to collect benefits because benefits are very unsteady .
They were tough to collect in March and they keep getting caught up in political debates .
You know consumers don ’ t believe the benefits will always be there because their savings rate is very high .
They are uncertain .
We ’ re sure somewhere people are arguing that people went back to work because of @ @ @ @ @ @ @ we think the labor market improved because COVID-19 cases have been falling .
As you can see from the chart below , the population weighted share of states with an increasing level of new cases compared to 2 weeks ago is lower than the trough in late May/early June .
Keep in mind , that cases are falling quicker than they did in the first wave because they have more room to fall .
There has also been a smaller decline in testing .
Deaths per day are finally starting to fall .
@ @ @ @ @ @ @ PUA claims fell from 830,000 to 656,000 .
They have been stubbornly high through this pandemic .
Continued claims also fell as they were down from 17 million to 16.1 million .
They are slightly below where they were 2 weeks prior .
Since continued claims are delayed a week , you can argue this great initial claims reading implies continued claims will fall in next week ’ s report .
We are well on our way to a strong August BLS report .
The economic slowdown might be over as the decline @ @ @ @ @ @ @ with much needed momentum .
If you live in America , you ’ re obviously used to criticism .
You are rarely going to see a news story about how good the country is doing .
You can argue positive stories aren ’ t important when you consider how many areas it can improve on .
Either way , it ’ s notable that America ’ s fiscal stimulus catalyzed the only positive growth rate in disposable income in Q2 among major developed economies .
That may have helped America ’ s GDP @ @ @ @ @ @ @ the least bad ) .
The US might not outperform in Q3 because it dealt with a more severe 2nd wave .
It ’ s extremely unusual for disposable income growth to be strong in a recession .
If the economy successfully rebounds in the next year , this policy might be a good model for future recessions .
It takes years for the poor and lower middle class to recover from recessions .
It ’ s easier to prevent hardships than to help them after one has occurred .
The spike in @ @ @ @ @ @ @ recession .
We have seen extreme speculation in the stock market by retail investors like you normally see late in the cycle .
There has been a burst in used car buying , RV buying , and boat buying .
The housing market is also extremely strong .
As an aside , the average 30 year fixed mortgage rate fell to 2.88 % this week which was a record low .
Credit card debt fell from $ 890 billion to $ 820 billion because of the government help and because people are uncertain @ @ @ @ @ @ @ see from the chart above , auto loan debt in delinquency fell from 5.1 % to 5 % .
We always wondered how bad it would get in a recession Apparently , it got better .
Student loan delinquencies fell from 10.8 % to 7 % which is the lowest rate since Q1 2007 .
The biggest problem area was credit cards which saw their delinquencies rise from 9.1 % to 9.8 % which is the highest rate since Q2 2013 .
Near bubble peaks you see extreme data that is so out @ @ @ @ @ @ @ This meshes with euphoric sentiment in which there is extreme disdain for anyone who takes profits .
The NAAIM investor exposure index has been above 90 for 4 straight weeks which is the longest streak since December 2017 to January 2018 which was right before the short VIX trade exploded .
Investors have been trained to buy the dip and ignore valuations .
That eventually comes to a halt after the bubble hits a mania stage .
The reality is before this year , the FAAMNG stocks mostly weren ’ t extremely expensive @ @ @ @ @ @ @ to ignoring extreme negative calls against their stocks , they forgot how to reason .
Just because the bears were wrong 5 years ago , doesn ’ t mean they are wrong now .
The bears now have the facts on their side .
The chart below is an example of a shocking data point .
As you can see , the 6 FAAMNG stocks have a higher combined market cap than the combination of the materials , energy , financials , and industrials sectors .
Apple is almost as valuable as the @ @ @ @ @ @ @ $ 1.95 trillion market cap .
The jobless claims report was very good as non-seasonally adjusted claims fell below 1 million for the first time since the pandemic started .
The decline in cases might help the economic recovery get back on track in August .
Disposable income growth was positive in Q2 which helps explain why credit card debt fell in the recession .
The student loan delinquency rate fell sharply .
The FAAMNG stocks are more valuable than 4 sectors .
Apple is larger than the entire GDP of Italy .

by UPFINA
In the week of August 1st, seasonally adjusted jobless claims fell from 1.435 million to 1.186 million which was way below the consensus of 1.442 million. It was even below the lowest estimate which was 1.38 million. This is impressive because the seasonal adjustment pushed it higher just like last week which was partially why seasonally adjusted claims rose in that report. As you can see from the chart below, non-seasonally adjusted initial claims finally fell below 1 million. They declined from 1.2 million to 980,000. This was the biggest weekly decline since May 30th. It gets harder each week for claims to fall because there is less room for them to fall. For context, if claims were to fall this much every week, they’d be back to normal in 3 weeks. This decline was so strong it’s unsustainable.
This week marked the first time since mid-March that non-seasonally adjusted jobless claims were below 1 million: t.co/FDxp7iLC7y pic.twitter.com/4EEe3OmXxq — Bespoke (@bespokeinvest) August 6, 2020
Many critics have been saying that if the extra benefits were ended, like they temporarily were on July 25th, that people would suddenly be motivated to go back to work. The problem with that logic is people have been going back to work even with the extra benefits. If more jobs were available, almost everyone would be back to work. There is no logic to wanting to stay home from work to collect benefits because benefits are very unsteady. They were tough to collect in March and they keep getting caught up in political debates. You know consumers don’t believe the benefits will always be there because their savings rate is very high. They are uncertain.
We’re sure somewhere people are arguing that people went back to work because of the decline in benefits. However, we think the labor market improved because COVID-19 cases have been falling. As you can see from the chart below, the population weighted share of states with an increasing level of new cases compared to 2 weeks ago is lower than the trough in late May/early June. Keep in mind, that cases are falling quicker than they did in the first wave because they have more room to fall. There has also been a smaller decline in testing. Deaths per day are finally starting to fall.
GOLDMAN: “Over the past several days, a majority of states have seen new confirmed coronavirus cases decline on a 14-day basis, suggesting cases are now on a sustained downward trajectory in much of the country.” pic.twitter.com/d8OdOarC9w — Carl Quintanilla (@carlquintanilla) August 6, 2020
This report was a complete win because PUA claims fell from 830,000 to 656,000. They have been stubbornly high through this pandemic. Continued claims also fell as they were down from 17 million to 16.1 million. They are slightly below where they were 2 weeks prior. Since continued claims are delayed a week, you can argue this great initial claims reading implies continued claims will fall in next week’s report. We are well on our way to a strong August BLS report. The economic slowdown might be over as the decline in cases and stimulus provide the economy with much needed momentum.
America Stands Alone
If you live in America, you’re obviously used to criticism. You are rarely going to see a news story about how good the country is doing. You can argue positive stories aren’t important when you consider how many areas it can improve on. Either way, it’s notable that America’s fiscal stimulus catalyzed the only positive growth rate in disposable income in Q2 among major developed economies. That may have helped America’s GDP growth be among the strongest (or the least bad).
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This crisis has already produced many historic charts, but to me, this rather understated one is one of the most extraordinary ones. pic.twitter.com/eHchOl8nih — Ángel Talavera (@atalaveraEcon) August 6, 2020
The US might not outperform in Q3 because it dealt with a more severe 2nd wave. It’s extremely unusual for disposable income growth to be strong in a recession. If the economy successfully rebounds in the next year, this policy might be a good model for future recessions. It takes years for the poor and lower middle class to recover from recessions. It’s easier to prevent hardships than to help them after one has occurred.
Delinquencies Fall
The spike in income growth created confusing scenarios within the recession. We have seen extreme speculation in the stock market by retail investors like you normally see late in the cycle. There has been a burst in used car buying, RV buying, and boat buying. The housing market is also extremely strong. As an aside, the average 30 year fixed mortgage rate fell to 2.88% this week which was a record low.
Credit card debt fell from $890 billion to $820 billion because of the government help and because people are uncertain about the future. As you can see from the chart above, auto loan debt in delinquency fell from 5.1% to 5%. We always wondered how bad it would get in a recession Apparently, it got better. Student loan delinquencies fell from 10.8% to 7% which is the lowest rate since Q1 2007. The biggest problem area was credit cards which saw their delinquencies rise from 9.1% to 9.8% which is the highest rate since Q2 2013.
Bubble Talk
Near bubble peaks you see extreme data that is so out of the norm it shocks you. This meshes with euphoric sentiment in which there is extreme disdain for anyone who takes profits. The NAAIM investor exposure index has been above 90 for 4 straight weeks which is the longest streak since December 2017 to January 2018 which was right before the short VIX trade exploded. Investors have been trained to buy the dip and ignore valuations. That eventually comes to a halt after the bubble hits a mania stage. The reality is before this year, the FAAMNG stocks mostly weren’t extremely expensive. The bulls have gotten so used to ignoring extreme negative calls against their stocks, they forgot how to reason. Just because the bears were wrong 5 years ago, doesn’t mean they are wrong now. The bears now have the facts on their side. The chart below is an example of a shocking data point. As you can see, the 6 FAAMNG stocks have a higher combined market cap than the combination of the materials, energy, financials, and industrials sectors. Apple is almost as valuable as the entire Russell 2000 as it has a $1.95 trillion market cap.
Friendly reminder that the FAANMG stocks are now worth $7 trillion, more than the financial, energy, industrial, and material sectors COMBINED. pic.twitter.com/1kdbV68z5G — Vincent Deluard (@VincentDeluard) August 5, 2020
Conclusion
The jobless claims report was very good as non-seasonally adjusted claims fell below 1 million for the first time since the pandemic started. The decline in cases might help the economic recovery get back on track in August. Disposable income growth was positive in Q2 which helps explain why credit card debt fell in the recession. The student loan delinquency rate fell sharply. The FAAMNG stocks are more valuable than 4 sectors. Apple is larger than the entire GDP of Italy.


investmentwatchblog--2020-08-08--Intel CEO bought $400k of Intel stock & upcoming Tiger Lake

Apparently he bought the dip with an average price of $ 50/share , which makes today price look like a good deal .
This makes me wonder if he believes that Intel will recover from its infamous 7nm delay announcement .
It ’ s almost like he wants to get the worst news out first , and any good news after that will sound like a great news .
There will be a presentation in Aug 13 by Intel chief architect about its new Tiger Lake , which is said to be launch in Sep 2 .
And it is @ @ @ @ @ @ @ production of Tiger Lake by 40 % more than previously intended .
It sounds to me that Intel is betting big on Tiger Lake .
Based on recent benchmark , Intel i7-1165G7 10nm CPU is 20-35 % faster than AMD ’ s Ryzen 7 4800U 7nm CPU in single-threaded workloads .
Even though Intel CPU only has 4 cores ( vs 8 cores in AMD CPU ) , it is only 6-17 % slower than AMD CPU .
So performance-wise , Intel 10nm CPU still looks pretty competitive against AMD 7nm .
With @ @ @ @ @ @ @ Lake lower than usual to stop AMD from gaining market share .
Will Tiger Lake become a hit ?
I think there might be a chance .
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 or consult your financial professional before making any investment decision .

by learner4f
Apparently he bought the dip with an average price of $50/share, which makes today price look like a good deal. This makes me wonder if he believes that Intel will recover from its infamous 7nm delay announcement. It’s almost like he wants to get the worst news out first, and any good news after that will sound like a great news. There will be a presentation in Aug 13 by Intel chief architect about its new Tiger Lake, which is said to be launch in Sep 2. And it is said that they plan to ramp up production of Tiger Lake by 40% more than previously intended. It sounds to me that Intel is betting big on Tiger Lake. Based on recent benchmark, Intel i7-1165G7 10nm CPU is 20-35% faster than AMD’s Ryzen 7 4800U 7nm CPU in single-threaded workloads. Even though Intel CPU only has 4 cores (vs 8 cores in AMD CPU), it is only 6-17% slower than AMD CPU. So performance-wise, Intel 10nm CPU still looks pretty competitive against AMD 7nm. With deep pocket, Intel can price Tiger Lake lower than usual to stop AMD from gaining market share. Will Tiger Lake become a hit? I think there might be a chance.
nonperele.com/intel-ceo-robert-swan-bought-shares-after-they-plunged/
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www.anandtech.com/show/15958/intel-schedules-tiger-lake-architecture-presentation-for-august-13th-launch-on-september-2nd
www.google.com/amp/s/wccftech.com/intel-10nm-core-i7-1165g7-cpu-benchmark-vs-amd-7nm-ryzen-4000-upto-20-percent-faster/amp/
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 or consult your financial professional before making any investment decision.


investmentwatchblog--2020-08-08--Buffett bought up his own stock while selling others amid rally: Spent record $5.1bn buying back Ber

Buffett bought up his own stock while selling others amid rally : Spent record $ 5.1bn buying back Berkshire ’ @ @ @ @ @ while he unloaded $ 13bn of other comps ’ shares , incl airline stocks in @ @ @ @ @ biggest selling quarter in more than decade t.co/2NUhBHqgw5 pic.twitter.com/13FynVRDVS

Buffett bought up his own stock while selling others amid rally: Spent record $5.1bn buying back Berkshire’s stock in Q2, while he unloaded $13bn of other comps’ shares, incl airline stocks in what was Buffett’s biggest selling quarter in more than decade t.co/2NUhBHqgw5 pic.twitter.com/13FynVRDVS — Holger Zschaepitz (@Schuldensuehner) August 8, 2020
The $VIX closed at its lowest level since Feb 21, the Friday before the COVID crash began. Chart via @ycharts pic.twitter.com/O1kY7hrXeQ — Charlie Bilello (@charliebilello) August 7, 2020
Someone is gonna get super wealthy shorting the market here soon. Oh wait that person is me — BLACK SWAN (@RetirementRight) August 8, 2020


investmentwatchblog--2020-08-08--How much money are US universities accepting as bribes from communist China?

( Natural News ) Foreign governments have been influencing and infiltrating American universities , using large sums of money , contracts , gifts and special agreements for espionage purposes , instilling propaganda , and to get what they want out of American institutions .
In fact , an investigation by the Department of Education found that American universities , including the likes of Harvard , NYU and Yale , have accepted up to $ 6.4 billion in hidden foreign donations .
This revelation has prompted Congress to demand that all universities hand over the records of the foreign donations .
@ @ @ @ @ @ @ threat from rogue regimes and foreign special interests .
American universities must produce all records of bribes received from communist China and other rogue regimes The Head of House Oversight and Reform , Virginia Foxx , and House Education and Labor Committee head James Comer joined the head of the House Judiciary , Representative Jim Jordan in a powerful investigation into the foreign influence of American universities .
The representatives wrote to the University of Chicago , the University of Delaware , the University of Pennsylvania , Yale , Harvard , and New @ @ @ @ @ @ @ produce all unredacted records of financial gifts and special agreements with foreign nations dating back to March 2015 .
The lawmakers agreed that foreign governments are leveraging money to get some kind of benefit from the universities .
Chinese political dissident Guo Weng knows full well how China uses money to manipulate other countries to do what they want .
He testifies that the CCP uses five percent of their trade with the US to advance their influence over lawmakers and other institutions .
The trade volume between the U.S. and China was @ @ @ @ @ @ @ percent of that trade total is approximately $ 36.8 billion .
So , the CCP is using an estimated $ 36.8 billion to manipulate US officials , control internet speech , manipulate media messaging , incite riots , control regional trade and resource allocation , while bribing U.S. politicians and businessmen to comply with communism and to keep mum on China ’ s abuses .
This manipulation may extend to American universities as well , as the poison of communism slowly seeps into the education system .
This is now evident by the @ @ @ @ @ @ @ in American colleges , and by the left-wing violence that is spilling into the streets .
Among the current revelations , the nation of Qatar donated large sums of money to American universities , classifying the gifts as “ trade secrets.
” U.S. law requires that the purpose and the sum of the gift be disclosed by foreign nations , but Qatar kept the gifts classified .
Since 2015 , Harvard University routinely accepted at least thirty-one gifts or contracts from China and other competing nations , totaling $ 101 million .
Harvard @ @ @ @ @ @ @ a lie earlier this year with the Department of Defense after the university tried to hide their $ 1.5 million bribe from scheming Chinese researchers .
These prestigious universities have also accepted tens of millions of dollars in contracts from China , Saudi Arabia , Russia and Iran , allowing these foreign nations to gain influence over the higher education system in the U.S .
These gifts and contracts also allow these nations to spy on the U.S. , and infiltrate student education using propaganda techniques .
The Education Department holds concerns about @ @ @ @ @ @ @ foreign funding , leading to multiple national security risks .
Many of the universities wrote back to Congress attempting to hide the donations as “ confidential.
” Education Department General Counsel Reed Rubinstein told lawmakers that : “ The evidence suggests massive investments of foreign money have bred dependency and distorted the decision making , mission , and values of too many institutions.
” For more on China ’ s manipulation , visit CommunistChina.news

by: Lance D Johnson
(Natural News) Foreign governments have been influencing and infiltrating American universities, using large sums of money, contracts, gifts and special agreements for espionage purposes, instilling propaganda, and to get what they want out of American institutions. In fact, an investigation by the Department of Education found that American universities, including the likes of Harvard, NYU and Yale, have accepted up to $6.4 billion in hidden foreign donations. This revelation has prompted Congress to demand that all universities hand over the records of the foreign donations. The multi-million-dollar gifts pose a national security threat from rogue regimes and foreign special interests.
American universities must produce all records of bribes received from communist China and other rogue regimes
The Head of House Oversight and Reform, Virginia Foxx, and House Education and Labor Committee head James Comer joined the head of the House Judiciary, Representative Jim Jordan in a powerful investigation into the foreign influence of American universities. The representatives wrote to the University of Chicago, the University of Delaware, the University of Pennsylvania, Yale, Harvard, and New York University, demanding that each institution produce all unredacted records of financial gifts and special agreements with foreign nations dating back to March 2015. The lawmakers agreed that foreign governments are leveraging money to get some kind of benefit from the universities.
Chinese political dissident Guo Weng knows full well how China uses money to manipulate other countries to do what they want. He testifies that the CCP uses five percent of their trade with the US to advance their influence over lawmakers and other institutions. The trade volume between the U.S. and China was $7.37 trillion in 2018. Five percent of that trade total is approximately $36.8 billion. So, the CCP is using an estimated $36.8 billion to manipulate US officials, control internet speech, manipulate media messaging, incite riots, control regional trade and resource allocation, while bribing U.S. politicians and businessmen to comply with communism and to keep mum on China’s abuses. This manipulation may extend to American universities as well, as the poison of communism slowly seeps into the education system. This is now evident by the amount of Marxist ideas that are promoted in American colleges, and by the left-wing violence that is spilling into the streets.
Among the current revelations, the nation of Qatar donated large sums of money to American universities, classifying the gifts as “trade secrets.” U.S. law requires that the purpose and the sum of the gift be disclosed by foreign nations, but Qatar kept the gifts classified. Since 2015, Harvard University routinely accepted at least thirty-one gifts or contracts from China and other competing nations, totaling $101 million. Harvard’s chemistry department was caught in a lie earlier this year with the Department of Defense after the university tried to hide their $1.5 million bribe from scheming Chinese researchers.
These prestigious universities have also accepted tens of millions of dollars in contracts from China, Saudi Arabia, Russia and Iran, allowing these foreign nations to gain influence over the higher education system in the U.S. These gifts and contracts also allow these nations to spy on the U.S., and infiltrate student education using propaganda techniques.
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The Education Department holds concerns about the level of dependency colleges have on foreign funding, leading to multiple national security risks. Many of the universities wrote back to Congress attempting to hide the donations as “confidential.” Education Department General Counsel Reed Rubinstein told lawmakers that: “The evidence suggests massive investments of foreign money have bred dependency and distorted the decision making, mission, and values of too many institutions.”
For more on China’s manipulation, visit CommunistChina.news
Sources include:
NYPost.com
NYPost.com
NaturalNews.com


investmentwatchblog--2020-08-08--NCSC Director William Evanina has today issued another election threat update for the American publi

NCSC Director William Evanina has today issued another election threat update for the American public, building on his July 24, 2020 statement

NCSC Director William Evanina has today issued another election threat update for the American public , building on his July @ @ @ @ @ on foreign threats to the # 2020Election .
See : t.co/0eRd6GgMgF pic.twitter.com/fyXmLIbBQ1 DNI : RUSSIA @ @ @ @ @ DENIGRATE BIDEN China wants Biden .
Russia wants Trump in 2020 : DNI '' We @ @ @ @ @ President Trump – whom Beijing sees as unpredictable – does not win reelection . ''
@ @ @ @ @ is using a range of measures to primarily denigrate former Vice President Biden… '' t.co/d2STHoc46b

NCSC Director William Evanina has today issued another election threat update for the American public, building on his July 24, 2020 public statement on foreign threats to the #2020Election . See: t.co/0eRd6GgMgF pic.twitter.com/fyXmLIbBQ1
DNI: RUSSIA USING RANGE OF MEASURES TO DENIGRATE BIDEN
China wants Biden. Russia wants Trump in 2020: DNI
"We assess that China prefers that President Trump – whom Beijing sees as unpredictable – does not win reelection."
"We assess that Russia is using a range of measures to primarily denigrate former Vice President Biden…" t.co/d2STHoc46b
— Lucas Tomlinson (@LucasFoxNews) August 7, 2020


investmentwatchblog--2020-08-08--Jason Burack: How To Survive And Thrive In The Era Of “Stagflate, Tax, AND Lie!”

Make sure you check out Jason ’ s Patreon : www.patreon.com/join/wallstfo… George Edward Gammon is an American real estate investor and entrepreneur .
He produces and stars in a popular YouTube Channel .
Prior to 2012 , George started , owned , and operated multiple businesses ranging from conventions to advertising .
The last growing to 24 million in annual revenues and over 100 employees .
After 12 years as a successful entrepreneur , at the age of 38 , George semi retired and shifted his focus to real estate , where he has remodeled and flipped 40+ properties in @ @ @ @ @ @ @ Recently focusing on Medellin , Colombia .
He controls a multi million dollar real estate portfolio which focuses on buying distressed properties , remodeling , and selling or renting .
Currently , in addition to running his real estate investments , George produces “ George Gammon “ , a YouTube Channel that will help you build and protect wealth through investing , real estate and an extreme dose of the economic RED PILL .
Jason Burack is an investor , entrepreneur , financial historian , Austrian School economist , and contrarian .
Jason @ @ @ @ @ @ @ St for Main St , LLC , to try to help the people of Main Street by teaching them the knowledge , skills , research methods , and investing expertise of Wall Street .
You can also find Jason ’ s work at his blog website at www.jasonburack.com .

George Gammon, Released on 8/7/20
Make sure you check out Jason’s Patreon: www.patreon.com/join/wallstfo…
We are primarily funded by readers. Please subscribe and donate to support us!
George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and shifted his focus to real estate, where he has remodeled and flipped 40+ properties in and out of the United States. Recently focusing on Medellin, Colombia. He controls a multi million dollar real estate portfolio which focuses on buying distressed properties, remodeling, and selling or renting. Currently, in addition to running his real estate investments, George produces “George Gammon“, a YouTube Channel that will help you build and protect wealth through investing, real estate and an extreme dose of the economic RED PILL.
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.


investmentwatchblog--2020-08-08--Thanks to climate change hysteria, some children find spending time in nature ‘distressing’

From Daily Mail : While most children benefit from having time outdoors , for some youngsters it is triggering feelings of anxiety and despair due to fears over climate change .
These ‘ troubling emotions ’ and their link to climate change have been studied by University of Colombia researchers for the British Ecological Society .
In the first of its kind study to focus on children and teenagers connecting with nature , the team conducted a full review of other studies , articles and books .
Children and teenagers were triggered by the natural world and their inability to @ @ @ @ @ @ @ unravelling biosphere ’ , the team said .
The authors found that measures currently used to connect children to the natural world can help others cope with feelings of fear linked to climate change .
Within the past generation children ’ s lives have largely moved indoors with the loss of free-ranging exploration of the natural world , the team said .
‘ In response , many conservation organisations advocate connecting children with nature , and there has been rising interest in measuring young people ’ s connectedness with nature , ’ authors @ @ @ @ @ @ @ with nature has many positive benefits for the wellbeing of a young person including improving health and happiness .
However , it wasn ’ t universally positive , according to study author Dr Louise Chawla , who said connecting with nature was a ‘ complex experience ’ for many teenagers .
Many children know they are inheriting a changing world that is likely to get worse and this leads them to feelings of anxiety and despair , said Chawla .
That doesn ’ t mean it was all bad news , the team @ @ @ @ @ @ @ there are significant benefits from being outdoors more often .
‘ There is strong evidence that children are happier , healthier , function better , know more about the environment , and are more likely to take action to protect the natural world when they spend time in nature , ’ Chawla said .
Read the whole story here .

by DCG
From Daily Mail: While most children benefit from having time outdoors, for some youngsters it is triggering feelings of anxiety and despair due to fears over climate change.
These ‘troubling emotions’ and their link to climate change have been studied by University of Colombia researchers for the British Ecological Society. In the first of its kind study to focus on children and teenagers connecting with nature, the team conducted a full review of other studies, articles and books.
Children and teenagers were triggered by the natural world and their inability to control what was happening to the ‘unravelling biosphere’, the team said.
The authors found that measures currently used to connect children to the natural world can help others cope with feelings of fear linked to climate change.
Within the past generation children’s lives have largely moved indoors with the loss of free-ranging exploration of the natural world, the team said. ‘In response, many conservation organisations advocate connecting children with nature, and there has been rising interest in measuring young people’s connectedness with nature,’ authors wrote.
We are primarily funded by readers. Please subscribe and donate to support us!
The review found that connecting with nature has many positive benefits for the wellbeing of a young person including improving health and happiness.
However, it wasn’t universally positive, according to study author Dr Louise Chawla, who said connecting with nature was a ‘complex experience’ for many teenagers.
Many children know they are inheriting a changing world that is likely to get worse and this leads them to feelings of anxiety and despair, said Chawla.
That doesn’t mean it was all bad news, the team say that despite the strong emotions, there are significant benefits from being outdoors more often. ‘There is strong evidence that children are happier, healthier, function better, know more about the environment, and are more likely to take action to protect the natural world when they spend time in nature,’ Chawla said.
Read the whole story here.
DCG


investmentwatchblog--2020-08-08--The 20 Most and Least Profitable Companies, Per Employee

The Fortune 500 is an elite club of the biggest American businesses , which combined to generate profits of over $ 1.2 trillion in 2019 .
But how much profit do these companies make on a per employee basis ?
This visualization uncovers the answer by comparing the 20 companies with the most and least returns per employee , using calculations from Tipalti ( based on the Fortune 500 list ) .
Diving right in , the companies that make the most money per employee may surprise you .
Housing giants Fannie Mae and Freddie Mac take two of the @ @ @ @ @ @ @ 1.9 million and $ 1.0 million per employee respectively in 2019 .
The two U.S. government sponsored enterprises ( GSEs ) are major players in the secondary mortgage market , buying and repackaging nearly half the mortgages in the country .
The duo was allowed to retain their profits as of October 2019 , instead of returning them to the U.S. Treasury .
Apple employs 137,000 people—the largest workforce by far among the 40 companies profiled—but still makes $ 403,328 per employee .
Facebook is the only other tech giant to bring in @ @ @ @ @ @ @ .
On the other end of the spectrum , Uber is one of the most well-known companies currently bleeding profits , losing $ 316K per employee .
In fact , the ride-hailing service lost approximately $ 5.2 billion in the second quarter of 2020 alone .
COVID-19 has also had an intense effect on some of the companies at the bottom end of the profit per employee spectrum .
Chesapeake Energy and Frontier Communications are just two examples that have filed for Chapter 11 bankruptcy in recent months—they each lost $ 134K and @ @ @ @ @ @ @ .
When all the companies in the Fortune 500 are taken into account , sector-specific numbers reveal interesting trends .
Financials bring in the most profit per employee at $ 116K , while Food and Drug Stores see 17 times less profit at $ 6.7K per employee .
In fact , eight out of the top 20 most profitable companies are found in the financial sector .
Interestingly , as a whole , the energy sector comes in third place in terms of profit per employee at $ 86K—that said , nine out @ @ @ @ @ @ @ are also found in this highly volatile industry .
Though the vast majority of businesses impacted by COVID-19 have been small to mid-sized companies , the above calculations also show that Fortune 500 companies are not safe , either .

by visualcapitalist
The Fortune 500 is an elite club of the biggest American businesses, which combined to generate profits of over $1.2 trillion in 2019.
But how much profit do these companies make on a per employee basis?
This visualization uncovers the answer by comparing the 20 companies with the most and least returns per employee, using calculations from Tipalti (based on the Fortune 500 list).
Top 20: Most Profit per Employee
Diving right in, the companies that make the most money per employee may surprise you.
Housing giants Fannie Mae and Freddie Mac take two of the top three spots, bringing in $1.9 million and $1.0 million per employee respectively in 2019.
The two U.S. government sponsored enterprises (GSEs) are major players in the secondary mortgage market, buying and repackaging nearly half the mortgages in the country. The duo was allowed to retain their profits as of October 2019, instead of returning them to the U.S. Treasury.
Apple employs 137,000 people—the largest workforce by far among the 40 companies profiled—but still makes $403,328 per employee. Facebook is the only other tech giant to bring in more money per employee at $411,308.
We are primarily funded by readers. Please subscribe and donate to support us!
Bottom 20: Least Profit per Employee
On the other end of the spectrum, Uber is one of the most well-known companies currently bleeding profits, losing $316K per employee. In fact, the ride-hailing service lost approximately $5.2 billion in the second quarter of 2020 alone.
COVID-19 has also had an intense effect on some of the companies at the bottom end of the profit per employee spectrum. Chesapeake Energy and Frontier Communications are just two examples that have filed for Chapter 11 bankruptcy in recent months—they each lost $134K and $322K per employee in 2019 respectively.
I’m pretty confident we will see more bankruptcies than in any business person’s lifetime.
—James Hammond, CEO of BankruptcyData
Profit per Employee by Sector
When all the companies in the Fortune 500 are taken into account, sector-specific numbers reveal interesting trends.
Financials bring in the most profit per employee at $116K, while Food and Drug Stores see 17 times less profit at $6.7K per employee. In fact, eight out of the top 20 most profitable companies are found in the financial sector.
Interestingly, as a whole, the energy sector comes in third place in terms of profit per employee at $86K—that said, nine out of the bottom 20 least profitable companies are also found in this highly volatile industry.
Though the vast majority of businesses impacted by COVID-19 have been small to mid-sized companies, the above calculations also show that Fortune 500 companies are not safe, either.


investmentwatchblog--2020-08-08--China’s PLA has deployed many amphibious armoured vehicles to its newly established amphibious combi

China’s PLA has deployed many amphibious armoured vehicles to its newly established amphibious combined arms brigades across from Taiwan

' A satellite image shows China ’ s PLA has deployed many amphibious armoured vehicles to its newly established amphibious @ @ @ @ @ Eastern Theatre Command across from Taiwan . '
pic.twitter.com/aT8jsDWnqU

'A satellite image shows China’s PLA has deployed many amphibious armoured vehicles to its newly established amphibious combined arms brigades in the Eastern Theatre Command across from Taiwan.' pic.twitter.com/aT8jsDWnqU
— The Intel Crab (@IntelCrab) August 7, 2020


investmentwatchblog--2020-08-08--Tucker Carlson’s TV ratings continue to dominate the NBA. His Thursday night show had 3.65 million v

Tucker Carlson’s TV ratings continue to dominate the NBA. His Thursday night show had 3.65 million viewers. Two NBA primetime Thursday games COMBINED for only 2.6 million viewers. It’s a ratings massacre… The NBA can’t touch Tucker.

Tucker Carlson 's TV ratings continue to dominate the NBA .
His Thursday night show had 3.65 million viewers .
@ @ @ @ @ COMBINED for only 2.6 million viewers .
It 's a ratings massacre .
The NBA @ @ @ @ @ pic.twitter.com/TJTAeHa5nY

Tucker Carlson's TV ratings continue to dominate the NBA. His Thursday night show had 3.65 million viewers.
Two NBA primetime Thursday games COMBINED for only 2.6 million viewers.
It's a ratings massacre. The NBA can't touch Tucker. pic.twitter.com/TJTAeHa5nY
— David Hookstead (@dhookstead) August 8, 2020


investmentwatchblog--2020-08-08--NEW RAND PAUL PLAN WOULD EMPOWER STRUGGLING FAMILIES AMID COVID-19 SCHOOL CLOSURES.

Under the status quo , taxpayer dollars fund government schools , not education .
Americans are taxed to provide federal education funding , ostensibly for the education of their children and others , but the money goes to finance public schools regardless of whether those students end up attending them .
If families choose to homeschool or send their children to private schools , the taxpayer money marked for their child ’ s education still goes to the public school , and the family is left to cover the actual cost of their kids ’ schooling on their own .
@ @ @ @ @ @ @ low-income families have no choice but to send their children to public schools , even if those very schools are failing their students .
The broken system for the allocation of federal education funds was already a problem before the COVID-19 pandemic .
However , due to that crisis and sweeping government restrictions , many public schools will remain closed for in-person learning this fall .
Some families who have been forced to rely on these schools simply can not work and pay their bills without the crucial childcare services that go along @ @ @ @ @ @ @ circumstances may be such that draconian COVID-19 avoidance efforts are not necessary nor warranted .
Sen. Rand Paul , a Kentucky Republican , just unveiled a new bill that would help give parents and students the flexibility to choose the learning environment that ’ s right for their family—by ensuring that the distribution of federal funds lets them do so .

Under the status quo, taxpayer dollars fund government schools, not education.
Americans are taxed to provide federal education funding, ostensibly for the education of their children and others, but the money goes to finance public schools regardless of whether those students end up attending them. If families choose to homeschool or send their children to private schools, the taxpayer money marked for their child’s education still goes to the public school, and the family is left to cover the actual cost of their kids’ schooling on their own. This means that in many cases, low-income families have no choice but to send their children to public schools, even if those very schools are failing their students.
The broken system for the allocation of federal education funds was already a problem before the COVID-19 pandemic. However, due to that crisis and sweeping government restrictions, many public schools will remain closed for in-person learning this fall. Some families who have been forced to rely on these schools simply cannot work and pay their bills without the crucial childcare services that go along with educational programs, and their personal circumstances may be such that draconian COVID-19 avoidance efforts are not necessary nor warranted.
We are primarily funded by readers. Please subscribe and donate to support us!
Sen. Rand Paul, a Kentucky Republican, just unveiled a new bill that would help give parents and students the flexibility to choose the learning environment that’s right for their family—by ensuring that the distribution of federal funds lets them do so.
fee.org/articles/new-rand-paul-plan-would-empower-struggling-families-amid-covid-19-school-closures/


investmentwatchblog--2020-08-08--It’s only a few minutes until she realizes she has a unified theory of economic everything.

“ WOKE ” IS PRETTY MUCH A SYNONYM FOR “ STUPID .
”

“WOKE” IS PRETTY MUCH A SYNONYM FOR “STUPID.”
We are primarily funded by readers. Please subscribe and donate to support us!
h/t Glenn


investmentwatchblog--2020-08-08--Hundreds of Antifa in Black Bloc Carrying Shields and Weapons Have Surrounded the Portland Police SE

Hundreds of Antifa in Black Bloc Carrying Shields and Weapons Have Surrounded the Portland Police SE Building… Trump Considering Federalizing the National Guard in Oregon, to Send in Troops to Portand

Hundreds of # antifa in black bloc carrying shields and weapons have surrounded the @ PortlandPolice SE building .
# @ @ @ @ @ again that he is considering federalizing Oregon National Guard to deploy to Portland .
Story @ @ @ @ @ .

Hundreds of #antifa in black bloc carrying shields and weapons have surrounded the @PortlandPolice SE building. #PortlandRiots pic.twitter.com/72CdTdKuXn
Trump is saying again that he is considering federalizing Oregon National Guard to deploy to Portland. Story first broken by @OANN.
— Jack Posobiec 🇺🇸 (@JackPosobiec) August 8, 2020


investmentwatchblog--2020-08-08--The media needs to be held accountable for instigating and agitating the BLM riots based on omission

The media needs to be held accountable for instigating and agitating the BLM riots based on omission of facts.

The Daily Mail leaks new bodycam footage from two police officers who interacted with George Floyd leading up to his @ @ @ @ @ Ben Shapiro breaks it all down .

The Daily Mail leaks new bodycam footage from two police officers who interacted with George Floyd leading up to his arrest and death. @Ben Shapiro breaks it all down.
We are primarily funded by readers. Please subscribe and donate to support us!
h/t New-World-Ebola


investmentwatchblog--2020-08-08--Teen Vogue: “While we’re working to abolish the police, we must also work to dismantle what the poli

Teen Vogue: “While we’re working to abolish the police, we must also work to dismantle what the police were put here to protect: property

`` While we ’ re working to abolish the police , we must also work to dismantle what the police were put here to protect : property . ''
– @ kandistmallett t.co/ubBIRMdpxb It ’ s been four months since the onslaught of the coronavirus pandemic first highlighted the failures of capitalism and the incompetence of the United States government .
There was an opportunity for our country to become less horrible — to finally deal with some of our institutional failings .
This , of course , did not happen .
Congress did not rise to the occasion , @ @ @ @ @ @ @ transformational policies like universal basic income ( UBI ) , universal health care , rent suspension , or debt forgiveness .
Instead , they gave us crumbs through a one-time payment of $ 1,200 and $ 600 extra in unemployment ( for those who qualified ) , while many of the well-connected — including several lawmakers themselves — cashed in via the Paycheck Payment Protection ( PPP ) loans program intended for small businesses .
The response to this crisis has made it even more clear that party politics are a sham , @ @ @ @ @ @ @ class and race .
While we ’ re working to abolish the police , we must also work to dismantle what the police were put here to protect : property .
What is more evident of the legacy of settler colonialism and its violence than the idea of the ownership of land ?
What helped shape the unequal distribution of wealth and enduring segregation of our cities quite like centuries of racist property laws ?
As millions of people , particularly Black and Latinx Americans , are on the verge of eviction , @ @ @ @ @ @ @ the idea of private housing and the role it plays in maintaining economic violence in those communities .

"While we’re working to abolish the police, we must also work to dismantle what the police were put here to protect: property." – @kandistmallett t.co/ubBIRMdpxb
via teenvogue:
It’s been four months since the onslaught of the coronavirus pandemic first highlighted the failures of capitalism and the incompetence of the United States government. There was an opportunity for our country to become less horrible — to finally deal with some of our institutional failings. This, of course, did not happen.
Congress did not rise to the occasion, providing or even seriously considering necessary, transformational policies like universal basic income (UBI), universal health care, rent suspension, or debt forgiveness. Instead, they gave us crumbs through a one-time payment of $1,200 and $600 extra in unemployment (for those who qualified), while many of the well-connected — including several lawmakers themselves — cashed in via the Paycheck Payment Protection (PPP) loans program intended for small businesses.
The response to this crisis has made it even more clear that party politics are a sham, and the real political affinity lies within class and race. While we’re working to abolish the police, we must also work to dismantle what the police were put here to protect: property. What is more evident of the legacy of settler colonialism and its violence than the idea of the ownership of land? What helped shape the unequal distribution of wealth and enduring segregation of our cities quite like centuries of racist property laws?
As millions of people, particularly Black and Latinx Americans, are on the verge of eviction, it is time that we look at the idea of private housing and the role it plays in maintaining economic violence in those communities.


investmentwatchblog--2020-08-08--Military grade psychological warfare weapons being used on the American people…ShadowGate.

ShadowGate whistleblowers coming soon : Military grade psychological warfare weapons being used on the American people ( and paid for @ @ @ @ @ Can you feel it ?

ShadowGate whistleblowers coming soon: Military grade psychological warfare weapons being used on the American people (and paid for by American taxpayers.)
Can you feel it?
We are primarily funded by readers. Please subscribe and donate to support us!
h/t MacPepper


investmentwatchblog--2020-08-08--FIRE AGAIN: Abu Dhabi

FIRE AGAIN: Abu Dhabi

# BREAKING NEWS : There is a massive fire burning in # AbuDhabi .
Residents reports a loud bang !
@

#BREAKING NEWS: There is a massive fire burning in #AbuDhabi. Residents reports a loud bang! pic.twitter.com/qCj11hA6Jw
— Global Disaster News (@DisasterNews20) August 7, 2020


investmentwatchblog--2020-08-08--Shipment of Nearly 20 Thousand Fake U.S. Drivers Licenses From China Were Just Confiscated at Chicag

Shipment of Nearly 20 Thousand Fake U.S. Drivers Licenses From China Were Just Confiscated at Chicago Airport

Why are the Chinese making so many fake U.S. driver licenses ?
… ” That ’ s a disturbing little @ @ @ @ @ right before an election , right ?
… …I think that we need to really @ @ @ @ @ and be open to *anything* in terms of cheating or interference , because the Dems @ @ @ @ @ this election , and they ’ ll work with anyone , anywhere to help squeak @ @ @ @ @ I think China is the number one culprit we need to keep our eyes on.
@ @

Why are the Chinese making so many fake U.S. driver licenses?
…”That’s a disturbing little tidbit to discover, especially
right before an election, right?…
…I think that we need to really think outside of the box and be
open to *anything* in terms of cheating or interference,
because the Dems simply can’t lose this election, and they’ll
work with anyone, anywhere to help squeak out a victory.
We are primarily funded by readers. Please subscribe and donate to support us!
And I think China is the number one culprit we need to keep
our eyes on.”…
www.waynedupree.com/2020/08/china-fake-us-drivers-licenses/?utm_source=lifezette.com
TN