investmentwatchblog--2020-06-08--SURPRISE JOBS NUMBER AND WHAT IT MEANS FOR YOUR POSITIONS

by Chris Vermeulen of The Technical Traders The Huge Non-Farm Payroll number released on Friday , June 5th , shocked the market .
A massive 2.5 million jobs were created in May 2020 .
If you were paying attention to the data , you ’ ll also understand that 1.87 million new jobless claims just last week .
In fact , over the month of May 2020 , a total of 12.58 million jobless claims were filed .
Taken into consideration , the new jobs created in May represent less than 20 % of the total job losses over the @ @ @ @ @ @ @ believe the jobs number is representative of a phased reopening of many US states and correlates directly with the extended opportunity for further re-engagement of the US economy over time .
The current social unrest taking place throughout the US will likely result in a new spike in COVID-19 cases as well as extended losses for certain businesses .
The rioting seems to be taking place in more populated states right now – which suggests some real concerns for many of these states in regards to scheduled reopening phases and the potential for @ @ @ @ @ @ @ you continue , be sure to opt-in to our free market trend signals before closing this page , so you don ’ t miss our next special report !
As you can see from the US map , below , the number of states that have started to reopen over the past 30+ days exceeds the number of states still shutdown or partially open .
Our researchers believe the migration of the protesters from state to state as well as the continued unrest throughout the US may prompt a new spike in COVID-19 @ @ @ @ @ @ @ had the highest transmission rates and are more populated than other states .
The May 2020 Non-Farm Payroll number is a welcome positive surge after many months of negative data .
Still , as we suggested near the start of this article , the 2.5 million new jobs created did not offset the 12.58 million jobs lost in May 2020 .
Anyone capable of doing simple accounting can figure out that we need to see more continued new job creation levels to begin to offset the massive layoffs and job losses as a @ @ @ @ @ @ @ The US Stock market is hungry for any positive news right now , so the markets look at this data as a very positive sign that a recovery will happen and could be a stupendous opportunity for future growth .
Our researchers are still very cautious about this recovery simply because the underlying data is still very negative overall .
As you can see from this Weekly Jobless Claims chart , below , the spike in new jobless claims happened in early April 2020 with 6.86 million new jobless .
Since then , @ @ @ @ @ @ @ at levels greater than 2 million per week and have slowly been decreasing .
We are aware that many states are reducing state and educational employment budgets as a result of the COVID-19 virus event .
These budget cuts and layoffs may continue throughout all of 2020 and into 2021 unless a strong recovery event takes place before the end of 2020 .
State budgets and the continued risks of a COVID-19 case spike present very real concerns in the minds of our researchers as we have just begun the initial reopening phases @ @ @ @ @ @ @ are correct , the social unrest and rioting may prompt a major spike in COVID-19 cases across many states and present a very real extended shutdown event that could last well into late-Summer .
This next chart suggests there is “ No Fear ” in the markets right now as investors pile into the long trades .
This Put/Call ratio chart highlights one simple fact that the market can stay irrational for much longer than many traders can handle .
The Fed intrusion into the markets on March 20 , 2020 , created @ @ @ @ @ @ @ Traders have piled into this bullish trend over the past 45+ days and this Put/Call chart highlights how extended the rally has gotten recently .
Normally , the extremely low levels on the Put/Call chart would suggest a massive market top setup is about to happen – yet , traders may push the markets further into an irrational bullish phase with their exuberance .
We put together a short yet detailed video that will open your eyes to what the market data and charts are pointing to .
If you are short the @ @ @ @ @ @ @ Missing Out ) on this rally be sure to click and watch this video right after you finish this article .
The reason we stay cautiously related to this bullish price trend in the US stock market is that we believe technical patterns have already set up that suggest a downward price cycle must complete before the bottom in the markets is settled .
In Part II of this article , we ’ ll go over additional charts and data to help you plan for and prepare for the next big move in @ @ @ @ @ @ @ able to push much higher after today ’ s big jobs number , we urge all long/bullish traders to lock in gains with protective stops and to adopt a very cautious outlook going forward .
It appears the markets have over-extended this rally and we are still very concerned that a sudden breakdown in price will happen .
As a technical analyst and trader since 1997 , I have been through a few bull/bear market cycles in stocks and commodities .
I believe I have a good pulse on the market and timing @ @ @ @ @ @ @ swing traders .
2020 is an incredible year for traders and investors .
Don ’ t miss all the incredible trends and trade setups .
Subscribers of my Active ETF Swing Trading Newsletter had our trading accounts close at a new high watermark .
We not only exited the equities market as it started to roll over in February , but we profited from the sell-off in a very controlled way with TLT bonds for a 20 % gain .
This week we closed out SPY ETF trade taking advantage of this bounce @ @ @ @ @ @ @ account is at another all-time high value .
Ride my coattails as I navigate these financial markets and build wealth while others watch most of their retirement funds drop another 35-65 % during the rest of this financial crisis going into late 2020 and early 2021 .
Just think of this for a minute .
While most of us have active trading accounts , what is even more important are our long-term investment and retirement accounts .
Why ?
Because they are , in most cases , our largest store of wealth other @ @ @ @ @ @ @ are not protected during the next bear market , you could lose 25-50 % or more of your net worth .
The good news is we can preserve and even grow our long term capital when things get ugly like they are now and ill show you how .
One of the best trades is one your financial advisor will never let you do because they do not make money from the trade/position but we do have a way for you or your advisor can take advantage of the market gyrations with our @ @ @ @ @ @ @ you have any type of retirement account and are looking for signals when to own equities , bonds , or cash , be sure to become a member of my Passive Long-Term ETF Investing Signals which we issued a new signal for subscribers .

by Chris Vermeulen of The Technical Traders
The Huge Non-Farm Payroll number released on Friday, June 5th, shocked the market. A massive 2.5 million jobs were created in May 2020. If you were paying attention to the data, you’ll also understand that 1.87 million new jobless claims just last week. In fact, over the month of May 2020, a total of 12.58 million jobless claims were filed. Taken into consideration, the new jobs created in May represent less than 20% of the total job losses over the same span of time.
Our researchers believe the jobs number is representative of a phased reopening of many US states and correlates directly with the extended opportunity for further re-engagement of the US economy over time. The current social unrest taking place throughout the US will likely result in a new spike in COVID-19 cases as well as extended losses for certain businesses.
The rioting seems to be taking place in more populated states right now – which suggests some real concerns for many of these states in regards to scheduled reopening phases and the potential for a spike in COVID-19 cases.
Before you continue, be sure to opt-in to our free market trend signals
before closing this page, so you don’t miss our next special report!
US MAP – STATES REOPENING STATUS
As you can see from the US map, below, the number of states that have started to reopen over the past 30+ days exceeds the number of states still shutdown or partially open. Our researchers believe the migration of the protesters from state to state as well as the continued unrest throughout the US may prompt a new spike in COVID-19 cases – particularly within states that have had the highest transmission rates and are more populated than other states.
US NON-FARM PAYROLL MONTHLY
The May 2020 Non-Farm Payroll number is a welcome positive surge after many months of negative data. Still, as we suggested near the start of this article, the 2.5 million new jobs created did not offset the 12.58 million jobs lost in May 2020. Anyone capable of doing simple accounting can figure out that we need to see more continued new job creation levels to begin to offset the massive layoffs and job losses as a result of the COVID-19 shutdown event.
The US Stock market is hungry for any positive news right now, so the markets look at this data as a very positive sign that a recovery will happen and could be a stupendous opportunity for future growth. Our researchers are still very cautious about this recovery simply because the underlying data is still very negative overall.
Source: www.investing.com
US JOBLESS CLAIMS – WEEKLY
As you can see from this Weekly Jobless Claims chart, below, the spike in new jobless claims happened in early April 2020 with 6.86 million new jobless. Since then, the number of new jobless has continued at levels greater than 2 million per week and have slowly been decreasing. We are aware that many states are reducing state and educational employment budgets as a result of the COVID-19 virus event. These budget cuts and layoffs may continue throughout all of 2020 and into 2021 unless a strong recovery event takes place before the end of 2020.
State budgets and the continued risks of a COVID-19 case spike present very real concerns in the minds of our researchers as we have just begun the initial reopening phases for many states. If our presumptions are correct, the social unrest and rioting may prompt a major spike in COVID-19 cases across many states and present a very real extended shutdown event that could last well into late-Summer.
Source: www.investing.com
We are primarily funded by readers. Please subscribe and donate to support us!
PUT/CALL RATIO – DAILY
This next chart suggests there is “No Fear” in the markets right now as investors pile into the long trades. This Put/Call ratio chart highlights one simple fact that the market can stay irrational for much longer than many traders can handle.
The Fed intrusion into the markets on March 20, 2020, created a bullish foundation in the markets. Traders have piled into this bullish trend over the past 45+ days and this Put/Call chart highlights how extended the rally has gotten recently. Normally, the extremely low levels on the Put/Call chart would suggest a massive market top setup is about to happen – yet, traders may push the markets further into an irrational bullish phase with their exuberance.
We put together a short yet detailed video that will open your eyes to what the market data and charts are pointing to. If you are short the market of having FOMO (Fear Of Missing Out) on this rally be sure to click and watch this video right after you finish this article.
CONCLUDING THOUGHTS:
The reason we stay cautiously related to this bullish price trend in the US stock market is that we believe technical patterns have already set up that suggest a downward price cycle must complete before the bottom in the markets is settled. In Part II of this article, we’ll go over additional charts and data to help you plan for and prepare for the next big move in the markets.
If the markets are able to push much higher after today’s big jobs number, we urge all long/bullish traders to lock in gains with protective stops and to adopt a very cautious outlook going forward. It appears the markets have over-extended this rally and we are still very concerned that a sudden breakdown in price will happen.
As a technical analyst and trader since 1997, I have been through a few bull/bear market cycles in stocks and commodities. I believe I have a good pulse on the market and timing key turning points for investing and short-term swing traders. 2020 is an incredible year for traders and investors. Don’t miss all the incredible trends and trade setups.
Subscribers of my Active ETF Swing Trading Newsletter had our trading accounts close at a new high watermark. We not only exited the equities market as it started to roll over in February, but we profited from the sell-off in a very controlled way with TLT bonds for a 20% gain. This week we closed out SPY ETF trade taking advantage of this bounce and entered a new trade with our account is at another all-time high value.
Ride my coattails as I navigate these financial markets and build wealth while others watch most of their retirement funds drop another 35-65% during the rest of this financial crisis going into late 2020 and early 2021.
Just think of this for a minute. While most of us have active trading accounts, what is even more important are our long-term investment and retirement accounts. Why? Because they are, in most cases, our largest store of wealth other than our homes, and if they are not protected during the next bear market, you could lose 25-50% or more of your net worth. The good news is we can preserve and even grow our long term capital when things get ugly like they are now and ill show you how. One of the best trades is one your financial advisor will never let you do because they do not make money from the trade/position but we do have a way for you or your advisor can take advantage of the market gyrations with our Technical Wealth Advisor investing signals.
If you have any type of retirement account and are looking for signals when to own equities, bonds, or cash, be sure to become a member of my Passive Long-Term ETF Investing Signals which we issued a new signal for subscribers.
Chris Vermeulen
Chief Market Strategies
Founder of Technical Traders Ltd.


investmentwatchblog--2020-06-08--Cash Gang Short GSX

Cash Gang Short GSX

GSX has been mentioned here numerous times before , saying buy puts its a fraud etc .
That is all true and much much more .
It will go down as one of the historically most brazen stock frauds ever .
Securities fraud , market manipulation , accounting fraud , wire fraud , fraudulent real estate transactions , large scale identity theft , and it goes on and on .
Every day there is fresh skullduggery uncovered… it ’ s a fast moving case .
If you aren ’ t familiar with this already just google it there is so @ @ @ @ @ @ @ different sources .
100 % chance this thing is imploding .
Nobody with a fully functional brain who did at least 10 minutes of research would disagree with that statement .
The question is when and how do you make money from this information .
You would think it would be easy to answer but it hasn ’ t been so far .
The stock tanked from a high of 45 or so when the short sellers started piling in , down to 27 or so , and then mysteriously rocketed back to @ @ @ @ @ @ @ just maxing out what cash they have left on repurchases , recalling class B shares , and a Chinese brokerage called Tiger pulled all borrow shares to prevent further short selling .
Some combination of these things and momentum trading created a short squeeze , keeping this trash afloat a bit longer Why not just buy OTM puts ?
That has a lot of merit because as the stock gained 60 % in price , puts actually GAINED value ( option market telling you what the equity market won ’ t ) .
@ @ @ @ @ @ @ know what expiry for said puts , since we don ’ t know how long it will last .
Other major problem is when this hits the inevitable luckin coffee style 80 % down in 5 seconds , it will be halted then our puts are halted too .
Risk exists that puts can expire worthless in some combination of halting and delisting scenario .
Thats why shorting these shares is the way to go , especially if you are cash gang in any way .
I didn ’ t believe the rally @ @ @ @ @ @ @ am , so I kept a bunch of cash on the sidelines .
I thought everything was crazy overbought , and the spike in corona cases of the lockdown lifting would plunge us again .
Now it ’ s hard to jump back in at these valuations because you know the second you do top is in .
Shorting it is just getting on the waiting list for a 90 % gain .
Your number might be called today , or in a few weeks , or even in a month .
But @ @ @ @ @ @ @ is unmistakable .
If you have your capital tied up in calls , thats cool , don ’ t change anything , every call is probably gon na be a 10 bagger whereas we are only looking at a slightly less than 2 bagger here .
But for the cautious skeptic , potentially closeted bear cub , may 15 SPY150p type gang , who have money left on the sidelines , there is no reason not to .
This will disqualify many of you using robinhood , and some of you who are @ @ @ @ @ @ @ ’ t many shares to short left .
I check back every day to see if there are more available , and just keep adding and adding .
This is financial advice and it literally will go tits up ( the China !
fraud ) .
Disclaimer : This information is only for educational purposes .
Do not make any investment decisions based on the information in this article .
Do you own due diligence .

by tcwridur
GSX has been mentioned here numerous times before, saying buy puts its a fraud etc. That is all true and much much more. It will go down as one of the historically most brazen stock frauds ever. Securities fraud, market manipulation, accounting fraud, wire fraud, fraudulent real estate transactions, large scale identity theft, and it goes on and on. Every day there is fresh skullduggery uncovered… it’s a fast moving case. If you aren’t familiar with this already just google it there is so much in depth information from so many different sources.
100% chance this thing is imploding. Nobody with a fully functional brain who did at least 10 minutes of research would disagree with that statement.
The question is when and how do you make money from this information.
You would think it would be easy to answer but it hasn’t been so far. The stock tanked from a high of 45 or so when the short sellers started piling in, down to 27 or so, and then mysteriously rocketed back to 42. Allegations are that GSX is just maxing out what cash they have left on repurchases, recalling class B shares, and a Chinese brokerage called Tiger pulled all borrow shares to prevent further short selling. Some combination of these things and momentum trading created a short squeeze, keeping this trash afloat a bit longer
Why not just buy OTM puts? That has a lot of merit because as the stock gained 60% in price, puts actually GAINED value (option market telling you what the equity market won’t). Problem is we just don’t know what expiry for said puts, since we don’t know how long it will last. Other major problem is when this hits the inevitable luckin coffee style 80% down in 5 seconds, it will be halted then our puts are halted too. Risk exists that puts can expire worthless in some combination of halting and delisting scenario.
We are primarily funded by readers. Please subscribe and donate to support us!
Thats why shorting these shares is the way to go, especially if you are cash gang in any way. I didn’t believe the rally like the flamingest of bears that I am, so I kept a bunch of cash on the sidelines. I thought everything was crazy overbought, and the spike in corona cases of the lockdown lifting would plunge us again. Now it’s hard to jump back in at these valuations because you know the second you do top is in.
Shorting it is just getting on the waiting list for a 90% gain. Your number might be called today, or in a few weeks, or even in a month. But it will be called, and that is unmistakable. If you have your capital tied up in calls, thats cool, don’t change anything, every call is probably gonna be a 10 bagger whereas we are only looking at a slightly less than 2 bagger here. But for the cautious skeptic, potentially closeted bear cub, may 15 SPY150p type gang, who have money left on the sidelines, there is no reason not to.
This will disqualify many of you using robinhood, and some of you who are using real brokerages. There just aren’t many shares to short left. I check back every day to see if there are more available, and just keep adding and adding.
This is financial advice and it literally will go tits up (the China! fraud).
Positions: short 1400 shares GSX at 37.36
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.


investmentwatchblog--2020-06-08--Hey Federal Reserve- look at the RUIN that has become of the capital markets. You guys have turned a

Hey Federal Reserve- look at the RUIN that has become of the capital markets. You guys have turned a “market” into the butt of a bad joke.

Hey @ federalreserve @ neelkashkari – look at the RUIN that has become of the capital markets .
You guys @ @ @ @ @ '' into the butt of a bad joke .
Congrats .
t.co/kwyeWXI1ZE Delinquencies rate jumps @ @ @ @ @ that the economy is ready to boom again Airlines running at most overbought levels of @ @ @ @ @ $ JETS the most extended above its 50-DMA ever : t.co/la98Wvq4N9 pic.twitter.com/gsylNFp6w9 The bonds of @ @ @ @ @ form of equity .
So , if a speculative frenzy jams the stock higher , @ @ @ @ @ it .
A capital structure arbitrage .
So , to answer this question in one @ @ @ @ @

Hey @federalreserve @neelkashkari – look at the RUIN that has become of the capital markets. You guys have turned a "market" into the butt of a bad joke. Congrats. t.co/kwyeWXI1ZE
Delinquencies rate jumps to 90%… signs that the economy is ready to boom again
Airlines running at most overbought levels of the last 10 years and $JETS the most extended above its 50-DMA ever: t.co/la98Wvq4N9 pic.twitter.com/gsylNFp6w9
The bonds of bankrupt businesses are effectively a form of equity. So, if a speculative frenzy jams the stock higher, the bonds will react to it. A capital structure arbitrage.
So, to answer this question in one word … yes! t.co/cqwxeJggIY
— Jim Bianco (@biancoresearch) June 8, 2020


investmentwatchblog--2020-06-08--Why GDP Metrics Won’t Tell Us Much about the Post-COVID-19 Recovery

In seeking to measure everything , econometricians gave us the dubious gift of gross national product and gross domestic product , the latter being in fashion today and the former in times past .
Although there are different ways of measuring it , GDP is commonly taken as a measure of spending , comprised of household spending , government spending , investment spending , and net exports .
The Bank of England ’ s guide says that it is a measure of the size and health of the economy .
And the US ’ s Bureau of Economic Analysis similarly @ @ @ @ @ @ @ GDP is the most popular indicator of the nation ’ s overall economic health ” .
Although GDP is a measure of the size of an economy , it is an error to describe it as a measure of the economy ’ s health .
Economic theory and empirical evidence are clear on the matter : an economy dominated by government spending is not a healthy economy , compared with one dominated by private spending ; yet these two different models can produce the same total consumption figures .
When Gordon Brown was @ @ @ @ @ @ @ at the turn of the millennium , he consistently delivered GDP growth greater than forecast by independent economists .
But when you took the numbers apart , it was achieved not by a private sector doing well , as everyone assumed , but by the government spending more than expected .
We must therefore disassociate changes in GDP from economic health , or put more specifically , changes in GDP tell us nothing about human progress or regress .
GDP is simply a total of recorded transactions , a national but less accurate @ @ @ @ @ @ @ figure .
We can go further .
Let us assume that there is a fixed amount of money in the economy , which means that net exports must be zero , because the counterpart to an imbalance in trade is net money flows .
That leaves the allocation of GDP free to adjust between nongovernment , government , and investment categories without any change in the GDP total .
Assuming there is no change in the ratio of recorded GDP transactions to unrecorded and excluded transactions , of which a total economy is @ @ @ @ @ @ @ all GDP categories will rearrange their spending priorities within a fixed money total .
There will be no increase or decrease in GDP , though the benefits to the human condition can increase or decrease .
In reality , the situation is complicated by large elements of transactions being excluded from GDP .
The acquisition of securities and trade in secondhand goods are examples of exclusions .
But for the moment let ’ s stick with the fiction that there ’ s no movement between GDP and its exclusions .
Now let us @ @ @ @ @ @ @ in the quantity of money emanating from the central bank .
The extra money will flow into both GDP and excluded categories .
The extent to which the extra money affects both categories is simply additional .
In other words , GDP , being the total of recorded transactions , increases exactly by the extra money spent on items within the statistic .
Other than the distortions solely connected with the absorption of additional money as it filters into the economy , there is more money being spent on the same quantity of @ @ @ @ @ @ @ a period of adjustment each monetary unit buys on average proportionately less .
We can confirm this by referring back to Say ’ s law , which posits that we divide our labor , specializing in what we are good at in order to buy the things we need and want .
Money is just the commodity we use to turn our own production into consumption , allowing us to evaluate and compare different goods .
The quantity of money and its purchasing power are immaterial to its function as a transaction medium @ @ @ @ @ @ @ be made in a different way : a consumer in Europe , India , or America uses the local currency to facilitate the division of his or her labor : whether it is euros , rupees , or dollars does not matter , so long as it is accepted as a medium of exchange .
Therefore , an increase in GDP does not reflect the health of an economy but only the extra money inflated into it as a category of economic measurement .
And for those seeking to estimate how much of @ @ @ @ @ @ @ transactions over a period of time , all they need to do is measure the difference between the more recent GDP figure and the former , adjusted for any change in net exports .
In the monetary conditions we face today , that is to say a sharply accelerating rate of monetary inflation , after a brief period allowing for its absorption into general circulation , nominal GDP will rise at an increasing rate .
But , as we have seen , those who take it as indicating a healthy economy will be @ @ @ @ @ @ @ , we know that economies that collapse their currencies through monetary inflation will exhibit high levels of growth in the nominal GDP statistic .
But can we find examples to prove it ?
It is difficult to do so for two reasons .
Firstly , the statistics available are so inaccurate as to be even more meaningless than those produced by nations with more moderate rates of monetary inflation ; and secondly , statisticians in international bodies abandon domestic currency measures , replacing them with dollar equivalents at official exchange rates .
Using @ @ @ @ @ @ @ black market rate , which is always the more accurate of the two , will produce wildly different results .
But that is ignored by government statisticians .
And we have found from examples of high monetary inflation that the inadequacy of statistical analysis and misconceptions over GDP are confirmed by econometricians discarding the principals behind their method in these extreme cases .
But we are all becoming extreme cases now .
High-spending governments are facing a period of accelerating monetary inflation for the dollar as their international currency as well as for @ @ @ @ @ @ @ to rescue their economies from the crises they were mainly responsible for in the first place .
Only this week the Atlanta Fed forecast a 41.8 percent collapse in America ’ s GDP in the current second quarter , admittedly the immediate consequence of lockdowns .
There will be a statistical recovery as lockdown rules are withdrawn .
Beyond that , there can be no doubt that the transmission to GDP constituents of the rapid increase in the quantity of money issued by the Fed in recent weeks takes time , not least @ @ @ @ @ @ @ to lend and because the downturn in consumption and product supply is both current and severe .
But we know that the quantity of money included in the GDP statistic will increase through government spending and helicopter money .
The nominal GDP statistic will recover , but the recovery will simply reflect the amount of new money , even though economic activity will likely remain badly depressed .
The extra money will be reflected in the prices of the goods and services upon which it is spent .
But the consequences for prices @ @ @ @ @ @ @ supply and demand factors for individual goods will have their own effect on individual prices , while the increased quantity of money as it is absorbed into the economy will have another .
Equally important are the different choices people make in these changed circumstances .
And this is where disregarding Say ’ s law really undermines the relevance of the statistical approach .
Since the virus lockdown , what people desired beforehand bears little relation to their needs and wants in the coming months .
Meanwhile , the assumption behind GDP is @ @ @ @ @ @ @ be desired tomorrow , any adjustments to outcomes being made in retrospect .
The monetary expansion , insofar as it is spent in the nonfinancial GDP economy , lends support to yesterday ’ s production .
The reallocation of capital in all its forms , of money , labor , establishments , and product inputs to respond to change , is thereby discouraged and restricted .
Furthermore , the debasement of people ’ s earnings and savings impoverishes them even further .
Inflation of the quantity of money always transfers wealth and earnings @ @ @ @ @ @ @ And with governments being the largest borrowers for increasing amounts , they are the largest beneficiaries of the wealth transfer and their electors are the losers .
The impoverishment of the masses through monetary inflation guarantees that monetary policies touted as rescuing the nonfinancial economy will fail .

by Alasdair Macleod via Mises
In seeking to measure everything, econometricians gave us the dubious gift of gross national product and gross domestic product, the latter being in fashion today and the former in times past. Although there are different ways of measuring it, GDP is commonly taken as a measure of spending, comprised of household spending, government spending, investment spending, and net exports. The Bank of England’s guide says that it is a measure of the size and health of the economy. And the US’s Bureau of Economic Analysis similarly says, “the growth rate of GDP is the most popular indicator of the nation’s overall economic health”.
Although GDP is a measure of the size of an economy, it is an error to describe it as a measure of the economy’s health. Economic theory and empirical evidence are clear on the matter: an economy dominated by government spending is not a healthy economy, compared with one dominated by private spending; yet these two different models can produce the same total consumption figures. When Gordon Brown was Britain’s chancellor of the exchequer at the turn of the millennium, he consistently delivered GDP growth greater than forecast by independent economists. But when you took the numbers apart, it was achieved not by a private sector doing well, as everyone assumed, but by the government spending more than expected.
We must therefore disassociate changes in GDP from economic health, or put more specifically, changes in GDP tell us nothing about human progress or regress. GDP is simply a total of recorded transactions, a national but less accurate equivalent of a company’s turnover figure. We can go further. Let us assume that there is a fixed amount of money in the economy, which means that net exports must be zero, because the counterpart to an imbalance in trade is net money flows. That leaves the allocation of GDP free to adjust between nongovernment, government, and investment categories without any change in the GDP total.
Assuming there is no change in the ratio of recorded GDP transactions to unrecorded and excluded transactions, of which a total economy is always comprised, all individual actors in all GDP categories will rearrange their spending priorities within a fixed money total. There will be no increase or decrease in GDP, though the benefits to the human condition can increase or decrease.
In reality, the situation is complicated by large elements of transactions being excluded from GDP. The acquisition of securities and trade in secondhand goods are examples of exclusions. But for the moment let’s stick with the fiction that there’s no movement between GDP and its exclusions. Now let us further assume that there is an increase in the quantity of money emanating from the central bank. The extra money will flow into both GDP and excluded categories. The extent to which the extra money affects both categories is simply additional. In other words, GDP, being the total of recorded transactions, increases exactly by the extra money spent on items within the statistic. Other than the distortions solely connected with the absorption of additional money as it filters into the economy, there is more money being spent on the same quantity of goods. It is just that after a period of adjustment each monetary unit buys on average proportionately less.
We can confirm this by referring back to Say’s law, which posits that we divide our labor, specializing in what we are good at in order to buy the things we need and want. Money is just the commodity we use to turn our own production into consumption, allowing us to evaluate and compare different goods. The quantity of money and its purchasing power are immaterial to its function as a transaction medium in this respect. The point can be made in a different way: a consumer in Europe, India, or America uses the local currency to facilitate the division of his or her labor: whether it is euros, rupees, or dollars does not matter, so long as it is accepted as a medium of exchange.
Therefore, an increase in GDP does not reflect the health of an economy but only the extra money inflated into it as a category of economic measurement. And for those seeking to estimate how much of the extra money has gone into included transactions over a period of time, all they need to do is measure the difference between the more recent GDP figure and the former, adjusted for any change in net exports.
We are primarily funded by readers. Please subscribe and donate to support us!
In the monetary conditions we face today, that is to say a sharply accelerating rate of monetary inflation, after a brief period allowing for its absorption into general circulation, nominal GDP will rise at an increasing rate. But, as we have seen, those who take it as indicating a healthy economy will be badly misled.
Armed with this knowledge, we know that economies that collapse their currencies through monetary inflation will exhibit high levels of growth in the nominal GDP statistic. But can we find examples to prove it? It is difficult to do so for two reasons. Firstly, the statistics available are so inaccurate as to be even more meaningless than those produced by nations with more moderate rates of monetary inflation; and secondly, statisticians in international bodies abandon domestic currency measures, replacing them with dollar equivalents at official exchange rates.
Using an official rate of exchange or the black market rate, which is always the more accurate of the two, will produce wildly different results. But that is ignored by government statisticians. And we have found from examples of high monetary inflation that the inadequacy of statistical analysis and misconceptions over GDP are confirmed by econometricians discarding the principals behind their method in these extreme cases. But we are all becoming extreme cases now.
High-spending governments are facing a period of accelerating monetary inflation for the dollar as their international currency as well as for their own, driven by an imperative to rescue their economies from the crises they were mainly responsible for in the first place. Only this week the Atlanta Fed forecast a 41.8 percent collapse in America’s GDP in the current second quarter, admittedly the immediate consequence of lockdowns. There will be a statistical recovery as lockdown rules are withdrawn.
Beyond that, there can be no doubt that the transmission to GDP constituents of the rapid increase in the quantity of money issued by the Fed in recent weeks takes time, not least due to the commercial banks’ reluctance to lend and because the downturn in consumption and product supply is both current and severe. But we know that the quantity of money included in the GDP statistic will increase through government spending and helicopter money. The nominal GDP statistic will recover, but the recovery will simply reflect the amount of new money, even though economic activity will likely remain badly depressed.
The extra money will be reflected in the prices of the goods and services upon which it is spent. But the consequences for prices are not so straightforward. Changes in supply and demand factors for individual goods will have their own effect on individual prices, while the increased quantity of money as it is absorbed into the economy will have another. Equally important are the different choices people make in these changed circumstances. And this is where disregarding Say’s law really undermines the relevance of the statistical approach.
Since the virus lockdown, what people desired beforehand bears little relation to their needs and wants in the coming months. Meanwhile, the assumption behind GDP is that what was desired yesterday will also be desired tomorrow, any adjustments to outcomes being made in retrospect. The monetary expansion, insofar as it is spent in the nonfinancial GDP economy, lends support to yesterday’s production. The reallocation of capital in all its forms, of money, labor, establishments, and product inputs to respond to change, is thereby discouraged and restricted.
Furthermore, the debasement of people’s earnings and savings impoverishes them even further. Inflation of the quantity of money always transfers wealth and earnings from savers and individuals to borrowers. And with governments being the largest borrowers for increasing amounts, they are the largest beneficiaries of the wealth transfer and their electors are the losers. The impoverishment of the masses through monetary inflation guarantees that monetary policies touted as rescuing the nonfinancial economy will fail.


investmentwatchblog--2020-06-08--For This to Slip Would Be the ‘End of Empire’

A hot humid day , but a gentle , warm breeze is blowing .
The smoke and tear gas swirl gently to and fro , hanging in the dense , sweaty air , as shafts of dazzling sunlight scythe through the smokiness at sharp angles .
A mass protest is forming .
Youths are chattering ; people moving aimlessly .
It still has not solidified into purpose , yet the raw tenseness of the coming conflict hangs , as palpably as does the smoke in the air .
It is evident – there will be violence today .
No , @ @ @ @ @ @ @ the flashpoint crossroad between the radical Jewish settler outpost of Beit El in the West Bank , and its interface with the Palestinian town of Ramallah .
Between the two , the Israeli army are ranged , awaiting the hostilities to commence .
This was back , during the Second Palestinian Intifada ; it was a time of near war , and I was present , charged with observing this , and other unfolding confrontations , on behalf of the EU .
As usual , I head to the back of the sprawling @ @ @ @ @ @ @ this perspective that one can understand the nature of events .
You observe the silent organisation in action .
Young men smoothly and unobtrusively , position the piles of stones that later would be hurled ( mostly ineffectually ) at the soldiers who are stood just beyond the range of stone-throwers .
Then the protest managers are gone – vanished .
I know what is about to unfold .
I have just seen two snipers ( in this instance , Palestinians ) , slip into position , well-back , concealed on a hillside @ @ @ @ @ @ @ sad sight – the young people massing before me are not dangerous ; they generally are decent , sincere young people , angry at the expanding settler-occupation , and hyped by the ‘ animators ’ sent amongst the crowd to stoke emotions .
They are not bad young people .
I am sad , because some , I know , will soon be dead , their families mourning a child ’ s loss tonight .
But they are the fodder – innocent fodder – and this is war .
At the height of @ @ @ @ @ @ @ a couple of rounds , but enough ; they fire with silenced weapons .
The Israelis soldiers can not tell ( unlike me ) , the source of the firing .
A number of Palestinian youth fall dead ; the mood incandescent .
Purpose achieved .
Why do I write about these twenty-year old events ?
Because I know well the patterns .
I have seen them often .
It is a playbook widely used .
And I see familiar tell-tales emerging in the videos posted on the current protests in America .
@ @ @ @ @ @ @ of bricks that mysteriously appear in the background to many videos of the protests ( see here for a typical selection ) .
Who is positioning them ?
Who is paying ?
U.S. commentator , Michael Snyder , too has noted the “ complex network of bicycle scouts to move ahead of demonstrators in different directions of where police were , and where police were not , for purposes of being able to direct groups from the larger group to … where they thought officers would not be.
” He observes too , @ @ @ @ @ @ @ the preparing of medical teams , ready to treat injuries ; and of caches of flammable materials ( suitable for torching official vehicles ) , pre-positioned in places where protests would later occur .
All this – with simultaneous protests in more than 380 U.S. cities – in my experience , signals much bigger , silent backstage organization .
And behind ‘ the organisation ’ , the instigators lie , far back : maybe even thousands of miles back ; and somewhere out there will be the financier .
However , in the @ @ @ @ @ @ @ leadership ; the protests are amorphous .
That is not unusual to see no leadership – a ‘ leadership ’ appears only if negotiations are sought and planned ; otherwise key actors are to be protected from arrest .
The most telling sign of a backstage organisation is that on one day , it is ‘ full on ’ , and the next all is quiet – as if a switch has been pulled .
It often has .
Of course , the overwhelming majority of protestors in the U.S. this last week @ @ @ @ @ @ @ sincere Americans , outraged at George Floyd ’ s killing and continuing social and institutional racism .
Was this then , an Antifa and anarchist operation , as the White House contends ?
I doubt it – any more than those Palestinian youth in Beit El constituted anything other than fodder for the front of stage .
We simply don ’ t know the backstage .
Keep an open mind .
Tom Luongo presciently suggests that should we wish to understand better the context to these recent events – and not be stuck @ @ @ @ @ @ @ look to Hong Kong for indicators .
Writing in October 2019 , Luongo noted that : “ What started as peaceful protests against an extradition law and worry over reunification with China has morphed into an ugly and vicious assault on the city ’ s economic future .
[ This is ] being perpetrated by the so-called “ Block Bloc ” , roving bands of mask-wearing , police-tactic defying vandals attacking randomly around the city to disrupt people going to work ” .
An exasperated local man exclaims : “ Not only you @ @ @ @ @ @ @ ] harming the people making their living in businesses , companies , shopping malls .
You ’ re destroying subway stations .
You ’ re destroying our streets .
You ’ re destroying our hard-earned reputation as a safe , international business centre .
You ’ re destroying our economy ” .
The man can not explain why there was not a single police officer in sight , for hours , as the rampage continued .
What is going on ?
Luongo quotes a September Bloomberg interview with HK tycoon , Jimmy Lai @ @ @ @ @ @ @ Party ( CCP ) scourge , the Apple Daily , and the highly visible interlocutor of official Washington notables , such as Mike Pence , Mike Pompeo and John Bolton .
In it , Lai pronounced himself convinced that if protests in HK turned violent , China would have no choice but to send the People ’ s Armed Police units from Shenzen into Hong Kong to put down unrest : “ That , ” Lai said on Bloomberg TV , “ will be a repeat of the Tiananmen Square massacre ; and @ @ @ @ @ @ @ against China … Hong Kong will be done , and … China will be done , too ” .
In brief , Lai proposes to ‘ burn ’ Hong Kong – to ‘ save ’ Hong Kong .
That is , ‘ burn it to save it ’ from the CCP – to keep its residue in the ‘ Anglo-sphere ’ .
“ Jimmy Lai ” , Luongo writes , “ is telling you what the strategy is here .
The goal is to thoroughly undermine China ’ s standing on the world @ @ @ @ @ @ @ .
This is economic warfare , it ’ s a hybrid war tactic .
And the soldiers are radicalized kids in uniforms bonking old men on the heads with sticks and taunting cops .
Sound familiar ?
Because that ’ s what ’ s going on in places like Portland , Oregon with Antifa … And that cause is chaos ” .
( Recall , Luongo wrote this more than six months ago ) .
Well , here we are today : Steve Bannon , closely allied with what he , himself , @ @ @ @ @ @ @ and allied with yet another Chinese billionaire financier , Guo Wengui ( a fugitive from the Chinese Authorities , and member at Trump ’ s Mar-a-Lago Club ) , is pursuing an incandescent campaign of denigration and vitriol against the Chinese Communist Party – intended , like Lai ’ s campaign , to destroy utterly China ’ s global standing .
Here it is again – the tightly-knit band of U.S. and exile super-hawks want to ‘ burn ’ down the CCP , to ‘ save ’ what ?
To save the ‘ @ @ @ @ @ @ @ through ‘ burning ’ the ‘ Empire Rising ’ ( China ) .
Bannon ( at least , and to his credit ) , is explicit about the risk : A failure to prevail in this this info-war mounted against the CCP , he says , will end in “ kinetic war ” .
So , back to the U.S. protests , and drawing on Luongo ’ s insights from Hong Kong – I wrote last week that Trump sees himself fighting a hidden global ‘ war ’ to retain America ’ s @ @ @ @ @ @ @ dollar ) – now America ’ s principal source of external power .
For America to lose this struggle to a putative multi-lateral cosmopolitan governance – Trump perceives – would result in the whole , white Anglo-sphere ’ s ejection from control over the global financial system – and its associated political privilege .
It would entail control of the global financial and political system slipping away to an amorphous multi-lateral financial governance , operated by an international institution , or some global Central Bank .
Since before WW1 , control of global @ @ @ @ @ @ @ of the Anglo-American nexus running between London and New York .
It still does , just about – albeit that today ’ s Wall Street elite is cosmopolitan , rather than Anglo , yet still it is firmly anchored to Washington , via the Fed and the U.S. Treasury .
For this to slip would be the ‘ end of Empire ’ .
To maintain the status of the dollar , Trump therefore has assiduously devoted himself to disrupting the multi-lateral global order , sensing this danger to the unique privileges conveyed by @ @ @ @ @ @ @ base .
His particular concern would be to see a Europe that was umbilically-linked to the financial and technological heavy-weight that is China .
This , in itself , effectively would presage a different world financial governance .
But , is the fear that the threat principally lies with Europe ’ s Soros-style vision justified ?
There may – just as well – be a fifth-column at home .
The billionaires ’ club of the very rich has long ceased to be culturally ‘ Anglo ’ .
It has become a borderless , @ @ @ @ @ @ @ itself .
Perhaps an earlier ‘ end of Époque ’ metamorphosis shows us how readily an old-established elite can swap horses in order to survive .
In the historical Sicilian novel , The Leopard , Prince Salina ’ s nephew tells his uncle that the old order is ‘ done ’ , and with it , the family is ‘ done ’ too , unless … “ Unless we ourselves take a hand now , they ’ ll foist a republic on us .
If we want things to stay as they are @ @ @ @ @ @ @ .
It is clear that some billionaire oligarchs – whether American or not – can see the ‘ writing on the wall ’ : A financial crisis is coming .
And so , too , is a social one .
A recent survey done by one such member , showed that 55 % of American millennials supported the end to the capitalist system .
Perhaps the brotherhood of billionaires is thinking that ‘ unless we ourselves take a hand now , they ’ ll foist socialism on us ’ .
If we want @ @ @ @ @ @ @ things will have to change .
The recent disorder in the U.S. will have unnerved them further .
The push towards radical change – towards that global financial , political and ecological governance that threatens dollar hegemony – paradoxically may emerge from within : from within America ’ s own financial elite .
‘ Burning ’ the dollar ’ s privileged global status may become seen as the price for things to stay as they are – and for the elite to be saved .
The future of Empire hangs on this issue @ @ @ @ @ @ @ , or might the financial ‘ nobility ’ see that things must change – if they to stay as they are ?
That is , the Revolution may come from within – and not necessarily from abroad .
In recent days , Trump has pivoted to being the President of ‘ Law and Order ’ – a shift which he explicitly connected to 1968 , when , in response to protests in Minneapolis after the police suffocation last week of George Floyd , Trump tweeted : “ When the looting begins , the @ @ @ @ @ @ @ words used by Governor George Wallace , the segregationist third-party candidate , in the 1968 Presidential election : Republicans launched their “ southern strategy ” to win over resentful white Democrats after the civil rights revolution .
Trump is determined to prevail – but today is not 1968 .
Can a Law and Order platform work now ?
U.S. demography in the south has shifted , and it is not clear that the liberal , urban electorates of America would sign up to a law-and-order platform , which implicitly appeals to white anxieties @ @ @ @ @ @ @ finds himself between a rock and a hard place .
If the protests are not quelled , and “ the right normal ( not ) restored ” ( as per Esper ’ s words ) , Trump may lose those remaining ‘ law and order ’ conservatives .
But , were he to lose control and over-react using the military , then it may be Trump who has his own ‘ Tiananmen Square ’ – one , which Jimmy Lai ( gleefully ) predicted in Hong Kong ’ s case would bring in @ @ @ @ @ @ @ Hong Kong will be done , and … China will be done , too.
” Or , in this instance , Trump might be done , and … the U.S. too .

by Alastair Crooke via Strategic Culture Foundation
A hot humid day, but a gentle, warm breeze is blowing. The smoke and tear gas swirl gently to and fro, hanging in the dense, sweaty air, as shafts of dazzling sunlight scythe through the smokiness at sharp angles. A mass protest is forming. Youths are chattering; people moving aimlessly. It still has not solidified into purpose, yet the raw tenseness of the coming conflict hangs, as palpably as does the smoke in the air. It is evident – there will be violence today.
No, this is not America. This is the flashpoint crossroad between the radical Jewish settler outpost of Beit El in the West Bank, and its interface with the Palestinian town of Ramallah. Between the two, the Israeli army are ranged, awaiting the hostilities to commence. This was back, during the Second Palestinian Intifada; it was a time of near war, and I was present, charged with observing this, and other unfolding confrontations, on behalf of the EU.
As usual, I head to the back of the sprawling mob, for it is only from this perspective that one can understand the nature of events. You observe the silent organisation in action. Young men smoothly and unobtrusively, position the piles of stones that later would be hurled (mostly ineffectually) at the soldiers who are stood just beyond the range of stone-throwers. Then the protest managers are gone – vanished.
I know what is about to unfold. I have just seen two snipers (in this instance, Palestinians), slip into position, well-back, concealed on a hillside over-looking the crossroads. It is a sad sight – the young people massing before me are not dangerous; they generally are decent, sincere young people, angry at the expanding settler-occupation, and hyped by the ‘animators’ sent amongst the crowd to stoke emotions. They are not bad young people.
I am sad, because some, I know, will soon be dead, their families mourning a child’s loss tonight. But they are the fodder – innocent fodder – and this is war. At the height of confrontation, the snipers begin. Just a couple of rounds, but enough; they fire with silenced weapons. The Israelis soldiers cannot tell (unlike me), the source of the firing. A number of Palestinian youth fall dead; the mood incandescent. Purpose achieved.
Why do I write about these twenty-year old events? Because I know well the patterns. I have seen them often. It is a playbook widely used. And I see familiar tell-tales emerging in the videos posted on the current protests in America.
Most notable, are the ubiquitous palettes of bricks that mysteriously appear in the background to many videos of the protests (see here for a typical selection). Who is positioning them? Who is paying? U.S. commentator, Michael Snyder, too has noted the “complex network of bicycle scouts to move ahead of demonstrators in different directions of where police were, and where police were not, for purposes of being able to direct groups from the larger group to … where they thought officers would not be.”
He observes too, the anticipatory raising of bail money; the preparing of medical teams, ready to treat injuries; and of caches of flammable materials (suitable for torching official vehicles), pre-positioned in places where protests would later occur. All this – with simultaneous protests in more than 380 U.S. cities – in my experience, signals much bigger, silent backstage organization. And behind ‘the organisation’, the instigators lie, far back: maybe even thousands of miles back; and somewhere out there will be the financier.
However, in the U.S., commentators say they see no leadership; the protests are amorphous. That is not unusual to see no leadership – a ‘leadership’ appears only if negotiations are sought and planned; otherwise key actors are to be protected from arrest. The most telling sign of a backstage organisation is that on one day, it is ‘full on’, and the next all is quiet – as if a switch has been pulled. It often has.
Of course, the overwhelming majority of protestors in the U.S. this last week, were – and are – decent sincere Americans, outraged at George Floyd’s killing and continuing social and institutional racism. Was this then, an Antifa and anarchist operation, as the White House contends? I doubt it – any more than those Palestinian youth in Beit El constituted anything other than fodder for the front of stage. We simply don’t know the backstage. Keep an open mind.
Tom Luongo presciently suggests that should we wish to understand better the context to these recent events – and not be stuck at stage appearances – we need to look to Hong Kong for indicators.
Writing in October 2019, Luongo noted that: “What started as peaceful protests against an extradition law and worry over reunification with China has morphed into an ugly and vicious assault on the city’s economic future. [This is] being perpetrated by the so-called “Block Bloc”, roving bands of mask-wearing, police-tactic defying vandals attacking randomly around the city to disrupt people going to work”.
An exasperated local man exclaims: “Not only you [i.e. Block Bloc protestors are] harming the people making their living in businesses, companies, shopping malls. You’re destroying subway stations. You’re destroying our streets. You’re destroying our hard-earned reputation as a safe, international business centre. You’re destroying our economy”. The man cannot explain why there was not a single police officer in sight, for hours, as the rampage continued.
What is going on? Luongo quotes a September Bloomberg interview with HK tycoon, Jimmy Lai, billionaire publisher of the Chinese Communist Party (CCP) scourge, the Apple Daily, and the highly visible interlocutor of official Washington notables, such as Mike Pence, Mike Pompeo and John Bolton. In it, Lai pronounced himself convinced that if protests in HK turned violent, China would have no choice but to send the People’s Armed Police units from Shenzen into Hong Kong to put down unrest: “That,” Lai said on Bloomberg TV, “will be a repeat of the Tiananmen Square massacre; and that will bring in the whole world against China … Hong Kong will be done, and … China will be done, too”.
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In brief, Lai proposes to ‘burn’ Hong Kong – to ‘save’ Hong Kong. That is, ‘burn it to save it’ from the CCP – to keep its residue in the ‘Anglo-sphere’.
“Jimmy Lai”, Luongo writes, “is telling you what the strategy is here. The goal is to thoroughly undermine China’s standing on the world stage and raise that of the U.S. This is economic warfare, it’s a hybrid war tactic. And the soldiers are radicalized kids in uniforms bonking old men on the heads with sticks and taunting cops. Sound familiar? Because that’s what’s going on in places like Portland, Oregon with Antifa … And that cause is chaos”. (Recall, Luongo wrote this more than six months ago).
Well, here we are today: Steve Bannon, closely allied with what he, himself, terms the U.S.’ China super-hawks, and allied with yet another Chinese billionaire financier, Guo Wengui (a fugitive from the Chinese Authorities, and member at Trump’s Mar-a-Lago Club), is pursuing an incandescent campaign of denigration and vitriol against the Chinese Communist Party – intended, like Lai’s campaign, to destroy utterly China’s global standing.
Here it is again – the tightly-knit band of U.S. and exile super-hawks want to ‘burn’ down the CCP, to ‘save’ what? To save the ‘Empire Waning’ (America), through ‘burning’ the ‘Empire Rising’ (China). Bannon (at least, and to his credit), is explicit about the risk: A failure to prevail in this this info-war mounted against the CCP, he says, will end in “kinetic war”.
So, back to the U.S. protests, and drawing on Luongo’s insights from Hong Kong – I wrote last week that Trump sees himself fighting a hidden global ‘war’ to retain America’s present dominance over global money (the dollar) – now America’s principal source of external power. For America to lose this struggle to a putative multi-lateral cosmopolitan governance – Trump perceives – would result in the whole, white Anglo-sphere’s ejection from control over the global financial system – and its associated political privilege. It would entail control of the global financial and political system slipping away to an amorphous multi-lateral financial governance, operated by an international institution, or some global Central Bank. Since before WW1, control of global financial governance has been in the hands of the Anglo-American nexus running between London and New York. It still does, just about – albeit that today’s Wall Street elite is cosmopolitan, rather than Anglo, yet still it is firmly anchored to Washington, via the Fed and the U.S. Treasury. For this to slip would be the ‘end of Empire’.
To maintain the status of the dollar, Trump therefore has assiduously devoted himself to disrupting the multi-lateral global order, sensing this danger to the unique privileges conveyed by control of the world’s monetary base. His particular concern would be to see a Europe that was umbilically-linked to the financial and technological heavy-weight that is China. This, in itself, effectively would presage a different world financial governance.
But, is the fear that the threat principally lies with Europe’s Soros-style vision justified? There may – just as well – be a fifth-column at home. The billionaires’ club of the very rich has long ceased to be culturally ‘Anglo’. It has become a borderless, ‘self-selecting’, governing entity unto itself.
Perhaps an earlier ‘end of Époque’ metamorphosis shows us how readily an old-established elite can swap horses in order to survive. In the historical Sicilian novel, The Leopard, Prince Salina’s nephew tells his uncle that the old order is ‘done’, and with it, the family is ‘done’ too, unless … “Unless we ourselves take a hand now, they’ll foist a republic on us. If we want things to stay as they are, things will have to change”.
It is clear that some billionaire oligarchs – whether American or not – can see the ‘writing on the wall’: A financial crisis is coming. And so, too, is a social one. A recent survey done by one such member, showed that 55% of American millennials supported the end to the capitalist system. Perhaps the brotherhood of billionaires is thinking that ‘unless we ourselves take a hand now, they’ll foist socialism on us’. If we want things to stay as they are, things will have to change. The recent disorder in the U.S. will have unnerved them further.
The push towards radical change – towards that global financial, political and ecological governance that threatens dollar hegemony – paradoxically may emerge from within: from within America’s own financial elite. ‘Burning’ the dollar’s privileged global status may become seen as the price for things to stay as they are – and for the elite to be saved. The future of Empire hangs on this issue: Can U.S. dollar hegemony be preserved, or might the financial ‘nobility’ see that things must change – if they to stay as they are? That is, the Revolution may come from within – and not necessarily from abroad.
In recent days, Trump has pivoted to being the President of ‘Law and Order’ – a shift which he explicitly connected to 1968, when, in response to protests in Minneapolis after the police suffocation last week of George Floyd, Trump tweeted: “When the looting begins, the shooting starts”. These were the words used by Governor George Wallace, the segregationist third-party candidate, in the 1968 Presidential election: Republicans launched their “southern strategy” to win over resentful white Democrats after the civil rights revolution.
Trump is determined to prevail – but today is not 1968. Can a Law and Order platform work now? U.S. demography in the south has shifted, and it is not clear that the liberal, urban electorates of America would sign up to a law-and-order platform, which implicitly appeals to white anxieties?
In a sense, President Trump finds himself between a rock and a hard place. If the protests are not quelled, and “the right normal (not) restored” (as per Esper’s words), Trump may lose those remaining ‘law and order’ conservatives. But, were he to lose control and over-react using the military, then it may be Trump who has his own ‘Tiananmen Square’ – one, which Jimmy Lai (gleefully) predicted in Hong Kong’s case would bring in the whole world against China: “Hong Kong will be done, and … China will be done, too.”
Or, in this instance, Trump might be done, and … the U.S. too.


investmentwatchblog--2020-06-08--AG Bill Barr: “It’s our responsibility to make sure that our country is ruled by law and not by viol

AG Bill Barr: “It’s our responsibility to make sure that our country is ruled by law and not by violence.

AG Bill Barr : `` It 's our responsibility to make sure that our country is ruled by law and @ @ @ @ @ pic.twitter.com/NQ7Swcah3Z President Donald Trump on Monday sent a clear message during a White House roundtable @ @ @ @ @ : The police are doing a “ fantastic ” job .
“ There won ’ @ @ @ @ @ won ’ t be dismantling of our police and there is not going to be @ @ @ @ @ , ” he said at the afternoon event .
“ We want to make sure @ @ @ @ @ any bad actors in there , and sometimes , you ’ ll see some horrible @ @ @ @ @ , but 99 — I say 99.9 , but let ’ s go with 99 @ @ @ @ @ , great people , and they ’ ve done jobs that are record setting — @ @ @ @ @ said .

AG Bill Barr: "It's our responsibility to make sure that our country is ruled by law and not by violence." pic.twitter.com/NQ7Swcah3Z
President Donald Trump on Monday sent a clear message during a White House roundtable with members of law enforcement: The police are doing a “fantastic” job.
“There won’t be defunding, there won’t be dismantling of our police and there is not going to be any disbanding of our police,” he said at the afternoon event.
“We want to make sure we don’t have any bad actors in there, and sometimes, you’ll see some horrible things like we witnessed recently, but 99 — I say 99.9, but let’s go with 99% of them are great, great people, and they’ve done jobs that are record setting — record setting,” Trump said.


investmentwatchblog--2020-06-08--Stocks Break Out, But Bonds Are Dropping Hard… Is Higher Inflation Coming?

Stocks exploded higher on Friday when it was reported the US unexpectedly ADDED 2.5 million jobs in May ( estimates were anticipating a LOSS of eight million ) .
The market blasted through resistance ( red line ) and is now within 6 % of new all-time highs .
The question is whether we get a consolidation now , or if traders push stock to “ close the gap ” just above current levels at 3,270 ( blue rectangle in the chart below ) this week .
Those are near-term considerations for those of you who are looking for short-term @ @ @ @ @ @ @ the issue to consider is the breakdown in Treasuries .
The long-term US Treasury ETF ( TLT ) has broken below support ( green line ) in an aggressive drop .
There isn ’ t a whole lot of support until we get to the bull market trendline ( blue line ) .
More and more this is beginning to look like a kind of mini-crash in bonds .
Are bonds beginning to discount a much higher rate of inflation in the US ?
Gold is certainly suggesting this could be the case @ @ @ @ @ @ @ in every major currency ( $ USD , Euro , Yen and Franc ) .
On that note , we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead .
The report is titled Survive the Inflationary Storm .
And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining .
We are making just 100 copies available to @ @ @ @ @ @ @ left .
To pick up yours , swing by :

Stocks exploded higher on Friday when it was reported the US unexpectedly ADDED 2.5 million jobs in May (estimates were anticipating a LOSS of eight million).
The market blasted through resistance (red line) and is now within 6% of new all-time highs. The question is whether we get a consolidation now, or if traders push stock to “close the gap” just above current levels at 3,270 (blue rectangle in the chart below) this week.
Those are near-term considerations for those of you who are looking for short-term plays. In the bigger picture, the issue to consider is the breakdown in Treasuries.
The long-term US Treasury ETF (TLT) has broken below support (green line) in an aggressive drop. There isn’t a whole lot of support until we get to the bull market trendline (blue line).
More and more this is beginning to look like a kind of mini-crash in bonds. Are bonds beginning to discount a much higher rate of inflation in the US? Gold is certainly suggesting this could be the case. The precious metal has broken out in every major currency ($USD, Euro, Yen and Franc).
On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.
The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.
We are making just 100 copies available to the public.
We are primarily funded by readers. Please subscribe and donate to support us!
There are just 3 left.
To pick up yours, swing by:
www.phoenixcapitalmarketing.com/inflationstorm.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research


investmentwatchblog--2020-06-08--Adem Tumerkan: Global Growth Is Dead For Many Years? (Plus Option Trading Strategies)

During this 50+ minute interview , Jason asks Adem about his views on the global macro situation , China ’ @ @ @ @ @ supply chain and central bank intervention .
Adem thinks that global growth is now dead @ @ @ @ @ only central banks will be able to create any inflation .
Adem also spends a @ @ @ @ @ options trading strategy ( with book recommendations ! )
that is based on the options @ @ @ @ @ , Nassim Taleb and the “ Dragon Portfolio ” that Christopher Cole of Artemis Capital @ @ @ @ @ .

During this 50+ minute interview, Jason asks Adem about his views on the global macro situation, China’s economy, the global supply chain and central bank intervention.
Adem thinks that global growth is now dead for many years and that only central banks will be able to create any inflation.
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Adem also spends a lot of time discussing his options trading strategy (with book recommendations!) that is based on the options trading strategies of Mark Spiztnagel, Nassim Taleb and the “Dragon Portfolio” that Christopher Cole of Artemis Capital described in a recent paper.


investmentwatchblog--2020-06-08--Republican candidate for U.S.Congress in CA to replace Katie Hill withdrew,brother murdered by ANTIF

Republican candidate for U.S.Congress in CA to replace Katie Hill withdrew,brother murdered by ANTIFA over the weekend

This has really gone to far !
Are the Dems having ANTIFA threaten and even murder Black candidates ( or @ @ @ @ @ vote or run for the Republican party !
This is a very strange connect the @ @ @ @ @ the FBI is looking into but there is much to uncover here as I doubt @ @ @ @ @ coincidence .
Angela Underwood Jacobs , a black female republican to run for Katie Hills @ @ @ @ @ brother over the weekend to murder committed by an ANTIFA member IS THIS A MESSAGE @ @ @ @ @ NOT GO REPUBLICAN ?
full story below : The slain officer in Oakland was identified @ @ @ @ @ 53 , of Pinole , who was providing security at the Ronald V. Dellums Federal @ @ @ @ @ in downtown Oakland .
Underwood was the brother of Angela Underwood Jacobs , who was @ @ @ @ @ U.S. House primary in Southern California to fill the congressional seat vacated by Democrat Katie @ @ @ @ @ from the race prior to the primary .

This has really gone to far! Are the Dems having ANTIFA threaten and even murder Black candidates (or white) who dare to vote or run for the Republican party! This is a very strange connect the dots murder case here that the FBI is looking into but there is much to uncover here as I doubt this is some kind of coincidence.
Angela Underwood Jacobs, a black female republican to run for Katie Hills empty seat just lost her brother over the weekend to murder committed by an ANTIFA member
IS THIS A MESSAGE TO BLACKS THAT THEY BETTER NOT GO REPUBLICAN?
full story below:
The slain officer in Oakland was identified as Dave Patrick Underwood, 53, of Pinole, who was providing security at the Ronald V. Dellums Federal Building, a U.S. courthouse in downtown Oakland.
FEDERAL PROTECTIVE SERVICE OFFICER KILLED IN OAKLAND SHOOTING DURING GEORGE FLOYD PROTEST IDENTIFIED
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Underwood was the brother of Angela Underwood Jacobs, who was a Republican candidate in a U.S. House primary in Southern California to fill the congressional seat vacated by Democrat Katie Hill. But Jacobs resigned from the race prior to the primary.
www.foxnews.com/us/air-force-sergeant-idd-as-suspect-in-ambush-killing-of-california-deputy
AC


investmentwatchblog--2020-06-08--China has deployed PCL 191 MRLS Rockets (range 350km) along Indian border

# india and # china # china has deployed PCL 191 MRLS Rockets ( range 350km ) along Entire # @ @ @ @ @ India # china border is covered with Artillery , Rockets , tanks !
!
# @ @ @ @ @ Ladakh # laddakh # ChinaComesModiRuns pic.twitter.com/MjbehxNN26

#india and #china#china has deployed PCL 191 MRLS Rockets (range 350km) along Entire #indian border . Entire #India #china border is covered with Artillery, Rockets, tanks !! #IndiaChinaFaceOff #IndiaChinaBorderTension. #Ladakh #laddakh #ChinaComesModiRuns pic.twitter.com/MjbehxNN26
— Pakistan Zindabad (@GHaZ_NAwE77) June 8, 2020


investmentwatchblog--2020-06-08--FROM HOTEP TO DOH-TEP: Dems engage in shameful cultural appropriation.

It ’ s peak white Democrat to cosplay as Africans while kneeling and pretending to be a subjugated people .
@ @ @ @ @ about the American politicians shameless and ignorantly using the Kente fabric as a prop in @ @ @ @ @ ’ m usually more mild mannered than this so please forgive me , I ’ @ @ @ @

It’s peak white Democrat to cosplay as Africans while kneeling and pretending to be a subjugated people.
Plus:
I had to say something about the American politicians shameless and ignorantly using the Kente fabric as a prop in their virtue signaling.
*I’m usually more mild mannered than this so please forgive me, I’m upset. pic.twitter.com/aZMjgsHujS
— Obianuju Ekeocha (@obianuju) June 8, 2020


investmentwatchblog--2020-06-08--VIDEO: CNN: “What if in the middle of the night my home is broken into. Who do I call?” CNN Shows Wh

VIDEO: CNN: “What if in the middle of the night my home is broken into. Who do I call?” CNN Shows Why Trump Already Won.

DEFUND THE POLICE IS GREAT — UNLESS YOU ’ RE POOR OR A MINORITY : What Would Happen if Cities @ @ @ @ @ Police ?
’ I ’ M SURE THOSE NUMBERS WILL DECLINE RAPIDLY , ONCE CHICAGO @ @ @ @ @ 35 Shot , 5 Fatally , over Weekend in Gun-Controlled Chicago .

CAMEROTA: "What if in the middle of the night my home is broken into. Who do I call?" BENDER: "Yes, I hear that loud and clear from a lot of my neighbors. And I know — and myself, too, and I know that that comes from a place of privilege." pic.twitter.com/WhubQ9yJIf — Eddie Zipperer (@EddieZipperer) June 8, 2020
Black Man Explains Why He’s Still Supporting Donald Trump
DEFUND THE POLICE IS GREAT — UNLESS YOU’RE POOR OR A MINORITY: What Would Happen if Cities Started to ‘Defund the Police?’
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I’M SURE THOSE NUMBERS WILL DECLINE RAPIDLY, ONCE CHICAGO DEFUNDS ITS POLICE DEPARTMENT: 35 Shot, 5 Fatally, over Weekend in Gun-Controlled Chicago.
h/t dr0id


investmentwatchblog--2020-06-08--Africa just recorded the highest rate of modern-day enslavement in the world. 9.2 Million

At the peak of slavery in America there were approximately 4 million people enslaved .
Some of whom were in fact owned by Blacks and Indians .
Currently there are over 9 million people still in slavery in Africa .
That ’ s just the tip of the iceberg with estimates of more than 40 million people existing in modern slavery globally .
“ Armed conflict , state-sponsored forced labor , and forced marriages were the main causes behind the estimated 9.2 million Africans who live in servitude without the choice to do so , according to the 2018 Global @ @ @ @ @ @ @ being widespread , slavery has remained a largely invisible issue , in part , because it disproportionately affects the most marginalized members of society , such as minorities , women , and children.
” “ The situation is more acute in Mauritania , which has the title of the world ’ s last country to abolish slavery .
For centuries , members of the black Haratin group were caught in a cycle of servitude , with the slave status being inherited .
Reports have also shown the existence of government collusion with slave @ @ @ @ @ @ @ from their masters .
”

At the peak of slavery in America there were approximately 4 million people enslaved. Some of whom were in fact owned by Blacks and Indians.
Currently there are over 9 million people still in slavery in Africa.
That’s just the tip of the iceberg with estimates of more than 40 million people existing in modern slavery globally.
“Armed conflict, state-sponsored forced labor, and forced marriages were the main causes behind the estimated 9.2 million Africans who live in servitude without the choice to do so, according to the 2018 Global Slavery Index. And despite these practices being widespread, slavery has remained a largely invisible issue, in part, because it disproportionately affects the most marginalized members of society, such as minorities, women, and children.”
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“The situation is more acute in Mauritania, which has the title of the world’s last country to abolish slavery. For centuries, members of the black Haratin group were caught in a cycle of servitude, with the slave status being inherited. Reports have also shown the existence of government collusion with slave owners who intimidate servants who break free from their masters.”
qz.com/africa/1333946/global-slavery-index-africa-has-the-highest-rate-of-modern-day-slavery-in-the-world/
h/t BohemianExile


investmentwatchblog--2020-06-08--Trump Invokes Article 9 To Begin Prosecution Of Democrats For Treason

Now if this is legit , what a wonderful world this would be .
Think of it .
Finally the military tribunals may actually begin sooner then later .
Most likely there are a few Republican who can be added for sedition and treason as well .
The Democrats have been planning and pushing forward their fake impeachment scam for three years now .
From the moment that President Trump set foot in the White House , the socialist plot to remove him had begun .
Their case is without evidence and without merit .
It doesn ’ t meet @ @ @ @ @ @ @ a legal prosecution .
Indeed , it is not a prosecution , but a persecution .
In fact , it meets all the legal requirements to qualify as a coup .
That ’ s why President Trump has decided to invoke Article 9 , a section of the constitution reserved for legal discourse against traitors to the presidency .
“ Whereas an elected official ’ s loyalty to the president comes into question , and furthermore said official chooses to begin action to unseat said president , that elected shall be deemed unfit @ @ @ @ @ @ @ traitor to God and country .
The President shall be given sole legal authority and responsibility to remove the traitorous personnel from public service .
This should be done swiftly and without prejudice.
” Essentially , what the article is saying with reference to recent events , is that Nancy Pelosi and her fellow Democrats , by virtue of their vicious persecution of an elected president , are traitors to the crown and should be punished appropriately .
The only person to have the authority to push forward with their punishment is the @ @ @ @ @ @ @ actions , in this case President Trump .
So now the new trial will begin .
It is expected that all will be prosecuted simultaneously so as to limit the amount of government time wasted , especially since three years have already been wasted on a fraudulent impeachment process .
Legal experts expect the full trial to take no more than one week as the evidence against the Democrats is so overwhelming .
At long last this whole circus will be coming to an end .
It remains to be seen if the @ @ @ @ @ @ @ held responsible , but that would seem to be the logical way to go .

Now if this is legit, what a wonderful world this would be. Think of it. Finally the military tribunals may actually begin sooner then later. Most likely there are a few Republican who can be added for sedition and treason as well.
www.prayingmedic.us/2020/06/06/trump-invokes-article-9-to-begin-prosecution-of-democrats-for-treason/?fbclid=IwAR0bY_G3Ao3Q0V6aJ383d3MSHCpHQZtznV_jjTwiapiQz9Py0HScgf8TLzk
The Democrats have been planning and pushing forward their fake impeachment scam for three years now.
From the moment that President Trump set foot in the White House, the socialist plot to remove him had begun. Their case is without evidence and without merit. It doesn’t meet even the most minimum judicial standards for a legal prosecution.
Indeed, it is not a prosecution, but a persecution. In fact, it meets all the legal requirements to qualify as a coup. That’s why President Trump has decided to invoke Article 9, a section of the constitution reserved for legal discourse against traitors to the presidency.
Article 9 reads as follows:
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“Whereas an elected official’s loyalty to the president comes into question, and furthermore said official chooses to begin action to unseat said president, that elected shall be deemed unfit and unworthy of his office and a traitor to God and country. The President shall be given sole legal authority and responsibility to remove the traitorous personnel from public service. This should be done swiftly and without prejudice.”
Essentially, what the article is saying with reference to recent events, is that Nancy Pelosi and her fellow Democrats, by virtue of their vicious persecution of an elected president, are traitors to the crown and should be punished appropriately.
The only person to have the authority to push forward with their punishment is the president who was the victim of their actions, in this case President Trump.
So now the new trial will begin. It is expected that all will be prosecuted simultaneously so as to limit the amount of government time wasted, especially since three years have already been wasted on a fraudulent impeachment process.
Legal experts expect the full trial to take no more than one week as the evidence against the Democrats is so overwhelming. At long last this whole circus will be coming to an end. It remains to be seen if the Democrat Party as a whole will be held responsible, but that would seem to be the logical way to go.
h/t Proud Trump Supporter


investmentwatchblog--2020-06-08--FLORIDA: While we were all out rioting… WHO says coronavirus situation ‘worsening’ worldwide.

Look at this graph .
It shows the most new cases of any 4-days in the pandemic .
No matter what you think about the virus/hoax debate , the numbers are climbing drastically .
Check the link at the bottom of this post and see the bar graph of daily new cases .
But please , don ’ t let that stop you from attending that protest with hundreds of thousands of people packed in close-proximity to eachother… Rioting to show whitey how mad you are is more important than a functioning economy !
Cue the “ pandemic is Trump @ @ @ @ @ @ @ media while they condoned breaking social distancing guidelines for the race-riots .
It ’ s almost as if they knew that encouraging the spread would give them a bump and some material for the news cycle after the riots died down .
Texas re-opened early , without requiring masks .
Now hospitalizations are surging to record highs .
Reported coronavirus hospitalizations continued to surge in Texas as Gov .
Greg Abbott continues his reopening of the state ’ s economic activity .
The state reported 1,796 COVID-19 hospitalizations Thursday , a one-day increase @ @ @ @ @ @ @ of the outbreak .
The 33 new COVID-19 deaths reported Thursday brought the Texas death toll for the outbreak to 1,767 .
This chart shows hospitalizations , not cases , so this is not a side-effect of increased testing .
Dr. Fauci says George Floyd protests provide ‘ perfect recipe ’ for new coronavirus surges Recent protests across the U.S. over the death of George Floyd could lead to new surges in coronavirus cases , Dr. Anthony Fauci warned Friday .
“ It is the perfect set-up for the spread of the virus @ @ @ @ @ @ @ which might turn into some surges , ” Fauci , a member of President Trump ’ s Coronavirus Task Force , told radio station WTOP-FM in Washington , D.C. His comments came as the U.S. edged closer to 2 million confirmed infections and 110,000 virus-related deaths , and the globe neared 7 million infections and 400,000 deaths since the pandemic began , according to Johns Hopkins University .

Look at this graph.
It shows the most new cases of any 4-days in the pandemic.
Florida
A single coronavirus update snapshot. Florida. FL got a lot of praise for how it handled nursing home cases (very well). Florida pushed opening amid sneering from people who didn't understand its case spread. Now? Last 4 days: Most new cases of any 4-days in the pandemic. pic.twitter.com/MWJYlWX0z9 — (((Charles Fishman))) (@cfishman) June 7, 2020
California
4/ California managed the pandemic as well as any state. Today, California is at the highest average number of new cases in the pandemic. Not just the highest: Very high. Average new cases: • Today: 2,700 • May 8, start of reopening: 1,700 pic.twitter.com/aSExg1JRwx — (((Charles Fishman))) (@cfishman) June 8, 2020
Texas
5/ Texas is in the same position as CA. The last 5 days have seen the most new cases of any 5 days during the outbreak in TX. TX is at its highest average number of new cases a day so far. Average new cases in Texas: • Today: 1,600 • April 20, start of reopening: 800 pic.twitter.com/g13BqrUSPz — (((Charles Fishman))) (@cfishman) June 8, 2020
No matter what you think about the virus/hoax debate, the numbers are climbing drastically.
Check the link at the bottom of this post and see the bar graph of daily new cases.
But please, don’t let that stop you from attending that protest with hundreds of thousands of people packed in close-proximity to eachother…
Rioting to show whitey how mad you are is more important than a functioning economy!
www.worldometers.info/coronavirus/
Cue the “pandemic is Trump’s fault” cries from the media while they condoned breaking social distancing guidelines for the race-riots.
It’s almost as if they knew that encouraging the spread would give them a bump and some material for the news cycle after the riots died down.
Texas re-opened early, without requiring masks. Now hospitalizations are surging to record highs.
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Reported coronavirus hospitalizations continued to surge in Texas as Gov. Greg Abbott continues his reopening of the state’s economic activity.
The state reported 1,796 COVID-19 hospitalizations Thursday, a one-day increase of 309 and the third-highest Texas total of the outbreak. The 33 new COVID-19 deaths reported Thursday brought the Texas death toll for the outbreak to 1,767.
www.nbcdfw.com/news/local/texas-news/covid-19-cases-hospitalizations-continue-surging-in-texas/2383319/
This chart shows hospitalizations, not cases, so this is not a side-effect of increased testing.
7 day moving average of COVID-19 hospitalizations in Texas:
Things are looking bad.
WHO says coronavirus situation ‘worsening’ worldwide.
#BREAKING: WHO says coronavirus situation 'worsening' worldwide. (AFP) — Instant News Alerts (@InstaNewsAlerts) June 8, 2020
Dr. Fauci says George Floyd protests provide ‘perfect recipe’ for new coronavirus surges
Recent protests across the U.S. over the death of George Floyd could lead to new surges in coronavirus cases, Dr. Anthony Fauci warned Friday.
“It is the perfect set-up for the spread of the virus in the sense of creating some blips which might turn into some surges,” Fauci, a member of President Trump’s Coronavirus Task Force, told radio station WTOP-FM in Washington, D.C.
“It is the perfect set-up for the spread of the virus in the sense of creating some blips which might turn into some surges.” — Dr. Anthony Fauci
His comments came as the U.S. edged closer to 2 million confirmed infections and 110,000 virus-related deaths, and the globe neared 7 million infections and 400,000 deaths since the pandemic began, according to Johns Hopkins University.
h/t BFD


investmentwatchblog--2020-06-08--Florida State University: SEEK SHELTER Alert

TALLAHASSEE , Fla. ( WCTV ) — Florida State Police have identified the suspect in Monday ’ s incident as 22-year-old Vincent Bell .
FSUPD say Bell is a black male , approximately 5 ’ 10 ” with small muscular build , with short hair .
Authorities say Bell was last seen with no shirt , wearing light blue gym shorts and slide sandals .
UPDATE : 1:10 p.m. TALLAHASSEE , Fla. ( WCTV ) — According to Florida State University Police , FDLE executed a search warrant in the 400 block of Hayden Drive when a male suspect jumped @ @ @ @ @ @ @ tell us the suspect then ran in the direction of Stadium Drive on foot .
Lt. John Baker of FSUPD tells us that is why the first alert was sent out in the first place .
When FDLE was inside the apartment in question , they did find a firearm .
Officers do not know if the suspect who jumped out of the window has a firearm on him .
FSUPD wanted to be safe , so they included that the suspect is potentially armed and could be heading toward Stadium Drive .
@ @ @ @ @ @ @ but FSUPD says the situation is “ under control.
” The suspect is said to be wearing shorts with no shirt .
This is a developing situation , and WCTV has crews on the campus working to learn more information .

TALLAHASSEE, Fla. (WCTV) — Florida State Police have identified the suspect in Monday’s incident as 22-year-old Vincent Bell.
FSUPD say Bell is a black male, approximately 5’10” with small muscular build, with short hair.
Authorities say Bell was last seen with no shirt, wearing light blue gym shorts and slide sandals.
FSUPD has assessed the situation and has announced it is under control. Law Enforcement presence will remain strong on campus for the immediate future. Resume normal activities responsibly. Further updates to be posted at t.co/Oo6lBoYVlu — FSU Alert (@FSUAlert) June 8, 2020
UPDATE: 1:10 p.m.
TALLAHASSEE, Fla. (WCTV) — According to Florida State University Police, FDLE executed a search warrant in the 400 block of Hayden Drive when a male suspect jumped from a second story window. Police tell us the suspect then ran in the direction of Stadium Drive on foot.
Lt. John Baker of FSUPD tells us that is why the first alert was sent out in the first place.
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When FDLE was inside the apartment in question, they did find a firearm. Officers do not know if the suspect who jumped out of the window has a firearm on him. FSUPD wanted to be safe, so they included that the suspect is potentially armed and could be heading toward Stadium Drive.
The suspect is still at large, but FSUPD says the situation is “under control.” The suspect is said to be wearing shorts with no shirt.
This is a developing situation, and WCTV has crews on the campus working to learn more information.
www.wctv.tv/content/news/Florida-State-University-sends-out-Shelter-in-Place-alert-571102701.html


investmentwatchblog--2020-06-08--VIDEO: Speaker Pelosi dodges the question of whether or not she supports the “Defund the Police” Mov

VIDEO: Speaker Pelosi dodges the question of whether or not she supports the “Defund the Police” Movement.

Speaker Pelosi dodges the question of whether or not she supports the `` Defund the Police '' Movement .
She @ @ @ @ @ has been hijacked by the Radical Left and she no longer has control over it @ @

Speaker Pelosi dodges the question of whether or not she supports the "Defund the Police" Movement.
She knows that the Democratic Party has been hijacked by the Radical Left and she no longer has control over it. pic.twitter.com/jcu3nHbJQ0
— Benny (@bennyjohnson) June 8, 2020


investmentwatchblog--2020-06-08--Fall Reopening Memo For Massachusetts Schools: Masks Required, Limit Class Size To 10

BOSTON ( CBS ) — Massachusetts schools are getting word from the state about what they ’ ll need to @ @ @ @ @ reopen this fall .
The memo from the Department of Elementary and Secondary Education is @ @ @ @ @ supplies ” and social distancing measures to keep students and staff protected against the coronavirus @ @ @ @ @ was issuing preliminary guidance now so schools can start preparing and ordering supplies .
More @ @ @ @ @ the coming weeks .
“ We are operating with the best information we have as @ @ @ @ @ to maintain the health and safety of our students and staff in any in-person school @ @ @ @ @ of COVID-19 transmission , ” Commissioner Jeffrey C. Riley writes in a document sent to @ @ @ @ @ won ’ t happen because of the “ significant ” number of false positives and @ @ @ @ @ and staff will be required to wear masks .

BOSTON (CBS) — Massachusetts schools are getting word from the state about what they’ll need to do in order to safely reopen this fall. The memo from the Department of Elementary and Secondary Education is focused on “key safety supplies” and social distancing measures to keep students and staff protected against the coronavirus.
The state said it was issuing preliminary guidance now so schools can start preparing and ordering supplies. More guidance will be issued in the coming weeks.
“We are operating with the best information we have as of early June about how to maintain the health and safety of our students and staff in any in-person school programs and limit the risk of COVID-19 transmission,” Commissioner Jeffrey C. Riley writes in a document sent to superintendents Friday.
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Temperature checks won’t happen because of the “significant” number of false positives and negatives, but all students and staff will be required to wear masks.
boston.cbslocal.com/2020/06/08/massachusetts-schools-fall-reopening-guidance-safety-masks-class-size/


investmentwatchblog--2020-06-08--Facts Don’t Care About Your Bias

Facts Don’t Care About Your Bias

It doesn ’ t even matter .
Anyone who would actually care about numbers probably already knows this and for @ @ @ @ @ , it will never change their mind .
Unfortunately , these people only respond to @ @ @ @ @ approach is “ if you actually cared about black people , why don ’ t @ @ @ @ @ on black homicides ?
”

by Venus230
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It doesn’t even matter. Anyone who would actually care about numbers probably already knows this and for those that don’t, it will never change their mind. Unfortunately, these people only respond to emotional stimuli, a better approach is “if you actually cared about black people, why don’t you try to stop black on black homicides?”


investmentwatchblog--2020-06-08--The freedom one enjoys when their entire empire has been a creation of the Deep State —- Jeff Bezos

The freedom one enjoys when their entire empire has been a creation of the Deep State —- Jeff Bezos says he’s ‘happy to lose’ customers over his Black Lives Matter support

Amazon founder and CEO Jeff Bezos said he ’ s “ happy to lose ” some business over his support of the Black Lives Matter movement , a remark that came in response to a customer ’ s racist rant .
Bezos posted the customer ’ s email on Instagram over the weekend , redacting both the sender ’ s last name and use of a racial slur .
The customer , whose first name is listed as Dave , said he was withdrawing an order after hearing about Bezos ’ s support for the Black Lives Matter movement .
@ @ @ @ @ @ @ your company when I discovered your statement in support for Black Lives Matter , ” the customer wrote .
“ Maintain your stance and we will watch your profits decline and laugh about it .
My business relationship with you is over.
” Bezos responded by sharing a screenshot of the email , writing : “ This sort of hate shouldn ’ t be allowed to hide in the shadows .
It ’ s important to make it visible .
This is just one example of the problem .
And , Dave , @ @ @ @ @ @ @ I ’ m happy to lose .
”

Amazon founder and CEO Jeff Bezos said he’s “happy to lose” some business over his support of the Black Lives Matter movement, a remark that came in response to a customer’s racist rant.
Bezos posted the customer’s email on Instagram over the weekend, redacting both the sender’s last name and use of a racial slur. The customer, whose first name is listed as Dave, said he was withdrawing an order after hearing about Bezos’s support for the Black Lives Matter movement.
“I was placing an order with your company when I discovered your statement in support for Black Lives Matter,” the customer wrote. “Maintain your stance and we will watch your profits decline and laugh about it. My business relationship with you is over.”
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Bezos responded by sharing a screenshot of the email, writing: “This sort of hate shouldn’t be allowed to hide in the shadows. It’s important to make it visible. This is just one example of the problem. And, Dave, you’re the kind of customer I’m happy to lose.”
thehill.com/homenews/media/501647-bezos-says-hes-happy-to-lose-customers-over-his-black-lives-matter-support


investmentwatchblog--2020-06-08--Do Black Lives Matter to BLM? Their track record suggest NO!

Look at this completely disgusting display .
These BLM members beat a young black man unconscious .
BLM are animals @ @ @ @ @ matter what color your skin is , should support this horrific Satanic group .
The @ @ @ @ @ .

Look at this completely disgusting display.
These BLM members beat a young black man unconscious. BLM are animals. No American, no matter what color your skin is, should support this horrific Satanic group.
This is disgusting. This violent mob viciously beat a black boy unconscious in Euclid, Ohio. Does his life matter too? pic.twitter.com/11TiRXndNi — Justin Moldow (@JustinMoldow) June 7, 2020
The young man might have died.
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It looks pretty bad.
h/t SS