investmentwatchblog--2020-06-17--My Analysis of Snapchat (NYSE: SNAP) – a long term bet on innovation

Hey everyone , here is my take on SNAP ( NYSE ) .
Pls let me know your thoughts ( supporting/ conflicting ) etc .
or if there ’ s anything else I need to cover .
This is just my opinion of the stock and I could definitely go into way more detail… • Snapchat has the potential to become the first Western Super App • Snapchat is a bet on innovation , and that innovation wins in the end • Snapchat is leading the way with augmented reality and is a long-term hardware play ( 1 ) Snapchat @ @ @ @ @ @ @ Western SuperApp • On June 11th , Snap announced Minis .
These are micro applications that third-party devs build for people to use inside of Snapchat .
• Snap is starting with 7 Minis with some big partners including Headspace ( meditate with friends ) and Coachella ( coordinate your festival line-up with friends ) .
• We can look at the success and misfortunes of other companies who have launched micro applications to see if this is a good move for Snap : • Bull Case : Snapchat replicates WeChat ’ s @ @ @ @ @ @ @ 2019 , there were 2.36 million WeChat mini-programs • In 2019 , over 300 million people had spent a collective $ 115B through WeChat Mini Programs • Chinese research agency Kueclub and Tencent Research & Development found 40 % of 8000 research respondents believe they will completely replace standalone apps one day • Since announcing WeChat Mini Programs in December 2016 , Tencent ( owner of WeChat ) stock has increased over 130 % • Bear Case : Snapchat follows the sad path of iMessage apps… • These are small apps that you @ @ @ @ @ @ @ Developers seemed to lose interest in 2017 after 6 months .
• Hasn ’ t grown much beyond Sticker packs… and certainly nowhere near as big as WeChat Mini Programs • My Take : • Evidence of Success : Snap has killed it since opening its platform up to developers .
Out of 800 apps integrated with Snapkit , 20 are in the top 100 of the app store at the moment .
Snap Games have also seen a successful start with over 100 million users since they launched last year .
I @ @ @ @ @ @ @ and ultimately for them to follow the path of WeChat .
• Snap becomes stickier : If Minis are successful , it ’ ll make Snapchat very sticky .
Why would people leave the Snap app when so many other convenient services are offered on it ?
Snap previously made their app sticky with Snap streaks , and now they ’ re going to make it even more so with Snap minis .
• Growth opportunities : If everyone is using Snap Minis to plan , shop , and socially book tickets together @ @ @ @ @ @ @ Snapchat to access these programs specifically .
• Revenue diversification : Snapchat has a huge opportunity to diversify revenue beyond adverts and brand partnerships , by taking a cut of revenue spent through e-commerce Snap Minis ( see above : $ 115BUSD spent through WeChat mini-programs in 2019 ) .
( 2 ) Snapchat is the most innovative social media company • This is pretty clear from all the news articles released about Facebook copying everything Snapchat does • Snapchat was FastCompany ’ s most innovative company of 2020… a list that also @ @ @ @ @ @ @ , and Spotify in the top 15 .
• It ’ s worth reading more about this here ( 3 ) Snapchat is leading the charge with Augmented Reality and is a long-term hardware play • Leading the charge into Augmented Reality : • According to Mordor Intelligence , the Augmented Reality market is expected to have a CAGR of 152 % between 2019 and 2020 , and the user base for AR technologies is also expected to grow beyond 1 billion by 2025 .
• Researchandmarkets.com is more bearish , estimating the @ @ @ @ @ @ @ grow at 44.74 % ( still ridiculously high ) to USD 27.44 billion by 2025 , up from USD 2.98 billion in 2019 .
• Snap is positioning itself to take a large proportion of the consumer-facing AR market .
• More than 170 million people use Snapchats Augmented Reality tools daily • Snap recently announced an AR tool called Scan that allows people to digitally interact with anything they see with their iPhone camera • Snap was rated as the # 1 most innovative VR/ AR company of 2020 by Fast Company @ @ @ @ @ @ @ to capture a large proportion of the consumer AR market ( 27.44B in 2025 – see above ) , their revenue and valuation could be off the charts in the medium – long term .
• Long-term hardware play • Following the iPhone and subsequent Android smartphone releases in the past decade , AR glasses have long-believed to be the next major hardware step in computing that will change the way we interact with the world • Evan Spiegel ( Snapchat CEO ) believes we are unlikely to see mainstream AR glasses for @ @ @ @ @ @ @ , Evan Spiegel stated “ Spectacles , because they ’ re a new type of camera , they ’ re still event-based in terms of usage .
You go on a really cool trip , you ’ re playing with your kids , whatever it is — and you want to represent that moment in a totally new way , from your perspective in 3D .
So for now , I do think it ’ s going to continue to be an event-based product .
But what ’ s really exciting is that @ @ @ @ @ @ @ the capacity for these cameras to evolve from event-based products to products that are used all day long .
So , I think we ’ re just on that journey with Spectacles .
And we ’ re fortunate that we can continue to invest along that path to get there.
” • While open to interpretation , this could mean that Snapchat is investing in Snap Spectacles , with the aim they will eventually become AR glasses armed with Snapchats AR software to compete with Apple ’ s much-anticipated equivalent .
• EVEN @ @ @ @ @ @ @ ’ s augmented reality software capabilities , Snap has also announced voice-enabled lenses called Voice Scan .
This is similar to Apple ’ s Siri or Amazon ’ s Alexa .
• Voice could potentially be used as a control-mechanism for AR glasses later down the track • My Take : AR glasses seem to me like an inevitability , however , whether or not Snapchat create them is a pretty huge speculation .
However , the upside of this speculation could be ridiculous .
Using the case of Apple and the iPhone @ @ @ @ @ @ @ currently 728 million iPhones in use around the world • When Apple announced the iPhone on the 9th of January 2017 , its stock price was $ 11.94USD .
Since then it has appreciated over 2500 % to $ 352.08USD .
Apple ’ s market cap was less than $ 80B when it announced the iPhone , today it is $ 1T .
• If AR achieves a similar reach , then the dominant AR hardware company could see similar success to this .
No investment is without risks .
• Many people @ @ @ @ @ @ @ world , so Snapchat Minis won ’ t succeed in a big way .
• Western world and Asia do have incredibly different internet ecosystems with China effectively jumping straight to mobile • Snap has had recent success with its Snap Kit and Snap Games , however , only time will tell • Snapchat is dying and will be replaced by the next social network • Snap still reaches more 13-34-year-olds in the US than Facebook or Instagram .
It also reaches more users in the US than TikTok and Twitter combined .
@ @ @ @ @ @ @ .
However , it would be worth to look into where the growth comes from ( age and country demographics ) .
• It is entirely possible that the next social network could be built on top of Snapchat ( Hoop , Wink , YOLO are some of the fastest-growing consumer apps and are all heavily reliant on Snapchat ) • Snap isn ’ t afraid to acquire the next social network , having previously acquired Bitmoji and Zenly • Snapchat has Facebook copying everything they do • Evan Spiegel doesn ’ t @ @ @ @ @ @ @ as Snapchat remain innovative and ahead of the park • “ If you can create something that is so beautiful and simple that the only thing other people can do is copy it exactly , that is the most fantastic feeling .
It is the most fantastic thing in the entire world.
” • Snapchat won ’ t become profitable • One of the biggest tests for Snap will be figuring out a monetization model beyond advertising .
No one has cracked this outside of China yet , and Snap ’ s messaging @ @ @ @ @ @ @ the best positioned to do so .
• Snap spectacles suck.. • They do suck , but as mentioned above they could simply be a step in the process of getting to full AR glasses .
• Snap is already huge ( $ 23B company ) , it won ’ t grow much more • Snap has the long-term potential to be the size of any of the top consumer tech companies .
Apple $ 1.47T ( 51x Snap ) , Google $ 964B ( 33x ) , Facebook $ 653B ( 23x @ @ @ @ @ @ @ ) .
• Before investing , make sure you read Snapchat ’ s prospectus and yearly reports to see more risks .
• Amongst the 35 analysts that cover Snap , the average target price is $ 18.66 • At the current price , the consensus is Snapchat is marginally overvalued .
However , with plenty of positive information being released at the Snap Partner Summit , this could change when analysts next update their ratings .
• Worth digging deeper if you ’ re a patient investor , looking to buy and @ @ @ @ @ @ @ years ) • Could crash again like in 2018 if Snap fails to execute mini-apps etc .
or if young generation has a fundamental shift to another social network • Disclosure : I ’ m long SNAP through underlying equity , but not that long… it represents a very small proportion of my overall portfolio .
Everything expressed in this newsletter is personal opinion based on personal research .
I ’ m not a trained professional nor a financial advisor , and this is not a suggestion or recommendation as to how to @ @ @ @ @ @ @ always do your own due diligence .
I shall not be held liable for any losses you may incur for investing and trading in the stock market .
Be careful my dudes and don ’ t buy short-term call options on SNAP – this baby is a long-term play .
• Diane gives a solid commentary on the news released from the Snap Partner Conference in her newsletter snapshots • Why SuperApps will fail in US • Book on the creation of Snapchat – vital info for Snap investors that is often overlooked @ @ @ @ @ @ @ educational purposes .
Do not make any investment decisions based on the information in this article .
Do you own due diligence .

by chadlad101
Hey everyone, here is my take on SNAP (NYSE). Pls let me know your thoughts (supporting/ conflicting) etc. or if there’s anything else I need to cover. This is just my opinion of the stock and I could definitely go into way more detail…

We are primarily funded by readers. Please subscribe and donate to support us!
🔥 Investment Thesis
Snapchat has the potential to become the first Western Super App Snapchat is a bet on innovation, and that innovation wins in the end Snapchat is leading the way with augmented reality and is a long-term hardware play
(1) Snapchat has the potential to become the first Western SuperApp
On June 11th, Snap announced Minis . These are micro applications that third-party devs build for people to use inside of Snapchat. Snap is starting with 7 Minis with some big partners including Headspace (meditate with friends) and Coachella (coordinate your festival line-up with friends).
. These are micro applications that third-party devs build for people to use inside of Snapchat. We can look at the success and misfortunes of other companies who have launched micro applications to see if this is a good move for Snap: Bull Case: Snapchat replicates WeChat’s success with Mini Programs Mini Programs launched on WeChat in 2017 By August 2019, there were 2.36 million WeChat mini-programs In 2019, over 300 million people had spent a collective $115B through WeChat Mini Programs Chinese research agency Kueclub and Tencent Research & Development found 40% of 8000 research respondents believe they will completely replace standalone apps one day Since announcing WeChat Mini Programs in December 2016, Tencent (owner of WeChat) stock has increased over 130% Bear Case: Snapchat follows the sad path of iMessage apps… These are small apps that you can access through iMessage on iPhone Developers seemed to lose interest in 2017 after 6 months. Hasn’t grown much beyond Sticker packs… and certainly nowhere near as big as WeChat Mini Programs
My Take: Evidence of Success: Snap has killed it since opening its platform up to developers. Out of 800 apps integrated with Snapkit, 20 are in the top 100 of the app store at the moment. Snap Games have also seen a successful start with over 100 million users since they launched last year. I expect similar success for Snap Minis, and ultimately for them to follow the path of WeChat. Snap becomes stickier: If Minis are successful, it’ll make Snapchat very sticky. Why would people leave the Snap app when so many other convenient services are offered on it? Snap previously made their app sticky with Snap streaks, and now they’re going to make it even more so with Snap minis. Growth opportunities: If everyone is using Snap Minis to plan, shop, and socially book tickets together, non-users will be persuaded to download Snapchat to access these programs specifically. Revenue diversification: Snapchat has a huge opportunity to diversify revenue beyond adverts and brand partnerships, by taking a cut of revenue spent through e-commerce Snap Minis (see above: $115BUSD spent through WeChat mini-programs in 2019).
(2) Snapchat is the most innovative social media company
This is pretty clear from all the news articles released about Facebook copying everything Snapchat does
Snapchat was FastCompany’s most innovative company of 2020… a list that also placed Tesla, Shopify, Beyond Meat, and Spotify in the top 15.
a list that also placed Tesla, Shopify, Beyond Meat, and Spotify in the top 15. It’s worth reading more about this here
(3) Snapchat is leading the charge with Augmented Reality and is a long-term hardware play
Leading the charge into Augmented Reality: According to Mordor Intelligence, the Augmented Reality market is expected to have a CAGR of 152% between 2019 and 2020, and the user base for AR technologies is also expected to grow beyond 1 billion by 2025. Researchandmarkets.com is more bearish, estimating the size of the AR market to only grow at 44.74% (still ridiculously high) to USD 27.44 billion by 2025, up from USD 2.98 billion in 2019. Snap is positioning itself to take a large proportion of the consumer-facing AR market. More than 170 million people use Snapchats Augmented Reality tools daily Snap recently announced an AR tool called Scan that allows people to digitally interact with anything they see with their iPhone camera Snap was rated as the #1 most innovative VR/ AR company of 2020 by Fast Company, and if they can use this to capture a large proportion of the consumer AR market (27.44B in 2025 – see above), their revenue and valuation could be off the charts in the medium – long term.
Long-term hardware play Following the iPhone and subsequent Android smartphone releases in the past decade, AR glasses have long-believed to be the next major hardware step in computing that will change the way we interact with the world Evan Spiegel (Snapchat CEO) believes we are unlikely to see mainstream AR glasses for another 10 years In an interview, Evan Spiegel stated
“Spectacles, because they’re a new type of camera, they’re still event-based in terms of usage. You go on a really cool trip, you’re playing with your kids, whatever it is — and you want to represent that moment in a totally new way, from your perspective in 3D. So for now, I do think it’s going to continue to be an event-based product. But what’s really exciting is that over time, we’ve seen the capacity for these cameras to evolve from event-based products to products that are used all day long. So, I think we’re just on that journey with Spectacles . And we’re fortunate that we can continue to invest along that path to get there.” While open to interpretation, this could mean that Snapchat is investing in Snap Spectacles, with the aim they will eventually become AR glasses armed with Snapchats AR software to compete with Apple’s much-anticipated equivalent. EVEN MORE INTERESTING: On top of Snap’s augmented reality software capabilities, Snap has also announced voice-enabled lenses called Voice Scan. This is similar to Apple’s Siri or Amazon’s Alexa. Voice could potentially be used as a control-mechanism for AR glasses later down the track My Take: AR glasses seem to me like an inevitability, however, whether or not Snapchat create them is a pretty huge speculation. However, the upside of this speculation could be ridiculous . Using the case of Apple and the iPhone as an example: There are currently 728 million iPhones in use around the world When Apple announced the iPhone on the 9th of January 2017, its stock price was $11.94USD. Since then it has appreciated over 2500% to $352.08USD. Apple’s market cap was less than $80B when it announced the iPhone, today it is $1T. If AR achieves a similar reach, then the dominant AR hardware company could see similar success to this.
👎Risks
No investment is without risks.
Many people believe Superapps will fail in the Western world, so Snapchat Minis won’t succeed in a big way. Western world and Asia do have incredibly different internet ecosystems with China effectively jumping straight to mobile Snap has had recent success with its Snap Kit and Snap Games, however, only time will tell
Snapchat is dying and will be replaced by the next social network Snap still reaches more 13-34-year-olds in the US than Facebook or Instagram. It also reaches more users in the US than TikTok and Twitter combined. Snapchat growth has significantly underperformed Instagram. However, it would be worth to look into where the growth comes from (age and country demographics). It is entirely possible that the next social network could be built on top of Snapchat (Hoop, Wink, YOLO are some of the fastest-growing consumer apps and are all heavily reliant on Snapchat) Snap isn’t afraid to acquire the next social network, having previously acquired Bitmoji and Zenly
Snapchat has Facebook copying everything they do Evan Spiegel doesn’t seem too worried about this so long as Snapchat remain innovative and ahead of the park “If you can create something that is so beautiful and simple that the only thing other people can do is copy it exactly, that is the most fantastic feeling. It is the most fantastic thing in the entire world.”
Snapchat won’t become profitable One of the biggest tests for Snap will be figuring out a monetization model beyond advertising. No one has cracked this outside of China yet, and Snap’s messaging network of close friends makes it possibly the best positioned to do so.
Snap spectacles suck.. They do suck, but as mentioned above they could simply be a step in the process of getting to full AR glasses.
Snap is already huge ($23B company), it won’t grow much more Snap has the long-term potential to be the size of any of the top consumer tech companies. Apple $1.47T (51x Snap), Google $964B (33x), Facebook $653B (23x) and Netflix $184B (6x).
Before investing, make sure you read Snapchat’s prospectus and yearly reports to see more risks.
Current valuation
Amongst the 35 analysts that cover Snap, the average target price is $18.66
At the current price, the consensus is Snapchat is marginally overvalued. However, with plenty of positive information being released at the Snap Partner Summit, this could change when analysts next update their ratings.
Conclusion
Worth digging deeper if you’re a patient investor, looking to buy and hold for the long-term (minimum 5-10 years)
Could crash again like in 2018 if Snap fails to execute mini-apps etc. or if young generation has a fundamental shift to another social network
Disclosure: I’m long SNAP through underlying equity, but not that long… it represents a very small proportion of my overall portfolio. Everything expressed in this newsletter is personal opinion based on personal research. I’m not a trained professional nor a financial advisor, and this is not a suggestion or recommendation as to how to handle your money. Make sure to always do your own due diligence. I shall not be held liable for any losses you may incur for investing and trading in the stock market. Be careful my dudes and don’t buy short-term call options on SNAP – this baby is a long-term play.
🔗Links and resources
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--2020-06-17--Unemployment for the first full week of July will be brutal

PPP is basically acting as a medium for unemployment .
People are paid to do nothing right now , since @ @ @ @ @ bill .
PPP requires employees to be paid through June 30th ( among other conditions @ @ @ @ @ – small businesses have had a reason to not lay anybody off yet .
July @ @ @ @ @ to save money with layoffs .
Some statistics : -United States small businesses employed 58.9 @ @ @ @ @ of US employees , in 2018 .
-18 percent of all US employees work for @ @ @ @ @ employees Be careful being long as we approach that date or the dates for reporting @ @ @ @ @ .
Disclaimer : This information is only for educational purposes .
Do not make any @ @ @ @ @ information in this article .
Do you own due diligence .

by Thereian
PPP is basically acting as a medium for unemployment. People are paid to do nothing right now, since the government is footing the bill. PPP requires employees to be paid through June 30th (among other conditions). To be clear – small businesses have had a reason to not lay anybody off yet. July 1st is their first opportunity to save money with layoffs. Some statistics:
-United States small businesses employed 58.9 million people, 47.5% of US employees, in 2018.
We are primarily funded by readers. Please subscribe and donate to support us!
-18 percent of all US employees work for businesses with fewer than 20 employees
Be careful being long as we approach that date or the dates for reporting those weeks’ UE numbers.
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--2020-06-17--Important to monitor: 30-day delinquencies on credit card debt — especially retail store cards

Important to monitor : 30-day delinquencies on credit card debt — especially retail store cards

Important to monitor: 30-day delinquencies on credit card debt — especially retail store cards
via @MoodysAnalytics @SoberLook pic.twitter.com/kXsxRvXxgN
— Gregory Daco (@GregDaco) June 17, 2020


investmentwatchblog--2020-06-17--THIS AWAKE BLACK GUY SAW THE TRUTH

THIS AWAKE BLACK GUY SAW THE TRUTH

THIS AWAKE BLACK GUY SAW THE TRUTH BLM only when Black Votes Matter to the Democrats .
Most of the @ @ @ @ @ .
It´s all about the Money in the Politics .
A whole generation is thinking @ @ @ @ @ republic party that are the racists when they ’ re not .
pic.twitter.com/bY4YOBF38u

THIS AWAKE BLACK GUY SAW THE TRUTH
BLM only when Black Votes Matter to the Democrats.
Most of the Money goes to democratic candidates.
It´s all about the Money in the Politics.
A whole generation is thinking that it’s the republic party that are the racists when they’re not. pic.twitter.com/bY4YOBF38u
— 🇺🇸 𝔼𝕄 🇩🇪 𝕂𝔸 🇺🇸™ (@EM_KA_17) June 16, 2020


investmentwatchblog--2020-06-17--The Fed bond purchasing has little restrictions on executive compensation, buybacks, layoffs, offsho

The Fed bond purchasing has little restrictions on executive compensation , buybacks , layoffs , offshoring , or paying out @ @ @ @ @ in inequality .
Again , the Fed is not an innocent party here .
Not @ @ @ @ @ but old enough to remember when they called this front running .
Now its @ @ @ @ @ @ 9 was the day the Fed said they would buy fallen angels .
Since that @ @ @ @ @ have been overnight ( orange ) , nothing during the day session ( blue ) @ @ @ @ @ this period of time and gain .
@ TFMkts @ michaelsantoli t.co/qMerJ3rGl5 pic.twitter.com/d5WnY2sk7w

The Fed bond purchasing has little restrictions on executive compensation, buybacks, layoffs, offshoring, or paying out private equity. All factors in inequality. Again, the Fed is not an innocent party here.
Not as old as Rudy, but old enough to remember when they called this front running. Now its @federalreserve monetary policy t.co/MDhdN043Mu
April 9 was the day the Fed said they would buy fallen angels. Since that day, all the gains have been overnight (orange), nothing during the day session (blue).
This is unprecedented for this period of time and gain .@TFMkts @michaelsantoli t.co/qMerJ3rGl5 pic.twitter.com/d5WnY2sk7w
— Jim Bianco (@biancoresearch) June 17, 2020


investmentwatchblog--2020-06-17--The main reason Japan survived so long w/ so much Debt is b/c for 20 of their 30 post-crash yrs, the

The main reason Japan survived so long w/ so much Debt is b/c for 20 of their 30 post-crash yrs @ @ @ @ @ world was healthy .
Japanese retirees could find higher int rates abroad .
Not the @ @ @ @ @ on accelerating path where ~ nobody can afford to retire~ 🤔 pic.twitter.com/vQrR9Yn82j

The main reason Japan survived so long w/ so much Debt is b/c for 20 of their 30 post-crash yrs, the rest of the world was healthy. Japanese retirees could find higher int rates abroad. Not the case today. Both US/Japan on accelerating path where ~ nobody can afford to retire~ 🤔 pic.twitter.com/vQrR9Yn82j
— M/I_Investments (@MI_Investments) June 17, 2020


investmentwatchblog--2020-06-17--2ND WAVE IMMINENT? CHINA CANCELS 1255 FLIGHTS TO AND FROM BEIJING DUE TO COVID-19 OUTBREAK – STATE M

2ND WAVE IMMINENT? CHINA CANCELS 1255 FLIGHTS TO AND FROM BEIJING DUE TO COVID-19 OUTBREAK – STATE MEDIA

CHINA CANCELS 1255 FLIGHTS TO AND FROM BEIJING DUE TO COVID-19 OUTBREAK – STATE MEDIA CHINA CANCELS 1255 FLIGHTS TO @ @ @ @ @ ALL SCHOOLS IN BEIJING DUE TO # COVID-19 OUTBREAK – STATE MEDIA If we get @ @ @ @ @ is it .

CHINA CANCELS 1255 FLIGHTS TO AND FROM BEIJING DUE TO COVID-19 OUTBREAK – STATE MEDIA
2nd wave imminent?
CHINA CANCELS 1255 FLIGHTS TO AND FROM BEIJING AND CLOSES ALL SCHOOLS IN BEIJING DUE TO #COVID-19 OUTBREAK – STATE MEDIA
If we get a second lockdown then this is it.
— marc friedrich 🔴 (@marcfriedrich7) June 17, 2020


investmentwatchblog--2020-06-17--US blacklists ‘China’s MIT’ as tech war enters new phase

US blacklists 'China 's MIT ' as tech war enters new phase The 100-year-old Harbin Institute of Technology has had @ @ @ @ @ software cut off ,

US blacklists 'China's MIT' as tech war enters new phase
The 100-year-old Harbin Institute of Technology has had its access to critical engineering software cut off,
no postgraduate students received offers…from American universitiest.co/shf1wQAtwR pic.twitter.com/7TzI0oaI08
— E-san-E (@nikkeix225) June 17, 2020


investmentwatchblog--2020-06-17--Where we are in the markets – DANGEROUS times – No shorts and everyone is long means there isn’t any

Where we are in the markets – DANGEROUS times – No shorts and everyone is long means there isn’t any support for price.

Where we are in the markets – DANGEROUS times – No shorts and everyone is long means there is n't @ @ @ @ @ That 's what happened last Thursday with the down move .
Everyone has forgotten that @ @ @ @ @ buy , buy , buy .
Up over down volume was 6:1 yesterday pic.twitter.com/9XZomlBvWF

Where we are in the markets – DANGEROUS times – No shorts and everyone is long means there isn't any support for price. That's what happened last Thursday with the down move. Everyone has forgotten that move down. So just buy, buy, buy. Up over down volume was 6:1 yesterday pic.twitter.com/9XZomlBvWF
— David Larew (@ThinkTankCharts) June 17, 2020


investmentwatchblog--2020-06-17--Fed’s own economic activity index just declined again. Stocks don’t belong at these valuations. Grav

`` The chart below shows the five-year annualized growth rate of `` core GDP '' or real personal consumption plus @ @ @ @ @ In other words , real GDP excluding net exports , government spending , and inventory @ @ @ @ @ pic.twitter.com/8q8p74INoU .
@ CenterOnBudget projects state budget shortfalls from COVID-19 economic fallout will total cumulative @ @ @ @ @ fiscal year ( which ends June 30 in most states ) , new state FY @ @ @ @ @ , and the subsequent state fiscal year .
t.co/38bcxLJTo5

Fed’s own economic activity index just declined again. Stocks don’t belong at these valuations. Gravity still works. pic.twitter.com/jjAU7iGUsE — Otavio (Tavi) Costa (@TaviCosta) June 17, 2020
"The chart below shows the five-year annualized growth rate of "core GDP" or real personal consumption plus real private fixed investment. In other words, real GDP excluding net exports, government spending, and inventory."
H/T @EPBResearch pic.twitter.com/8q8p74INoU — M/I_Investments (@MI_Investments) June 17, 2020
Capacity utilization below 09 pic.twitter.com/maMXci8xJ5 — Win Smart, CFA (@WinfieldSmart) June 17, 2020
.@CenterOnBudget projects state budget shortfalls from COVID-19 economic fallout will total cumulative $615B over current state fiscal year (which ends June 30 in most states), new state FY that starts on July 1, and the subsequent state fiscal year. t.co/38bcxLJTo5 — Catherine Rampell (@crampell) June 15, 2020


Credit bubbles burst.

Almost as bad as it did in the depth of the Global Financial Crisis .
HK banking system wasn ’ @ @ @ @ @ of its economy back then .

Hong Kong office properties are plunging by 24% YoY!
Almost as bad as it did in the depth of the Global Financial Crisis.
We are primarily funded by readers. Please subscribe and donate to support us!
One major difference?
HK banking system wasn’t 9 times the size of its economy back then.
Credit bubbles burst. Hong Kong office properties are plunging by 24% YoY! Almost as bad as it did in the depth of the Global Financial Crisis. One major difference? HK banking system wasn’t 9 times the size of its economy back then. pic.twitter.com/3V3isSIRrB — Otavio (Tavi) Costa (@TaviCosta) June 16, 2020


investmentwatchblog--2020-06-17--US’ May Retail Figures Not as Rosy as Portrayed

The government ’ s monthly report on retail sales recorded a 17.7 % increase in May 2020 as compared to April .
I find these number doubtful .
With so many stores and other businesses shut and unable to provide sales data they are making these assessments based on incomplete data sets that are likely schewing the results .
Stores that are still shut and can ’ t report a zero percent sales increase aren ’ t included in the count .
Only those businesses that have survived and are still operational are reporting .
And I suspect comparisons of @ @ @ @ @ @ @ year-ago period may only be comparing figures from these same still-existing businesses and not the many business concerns that have failed .
Surveys show that most Americans are scrambling to find ways to pay their more essential expenses .
Large majorities either selling their possessions , borrowing from family and friends or dumping these charges on their credit cards to be paid down very gradually over time .
They don ’ t have the money to go out and splurge on clothing , sales for which in this report supposedly increased 188 % @ @ @ @ @ @ @ is SEASONALLY ADJUSTED ; which sounds like a means to take seasonal factors into account when calculating its data , but ts really a practice by which they create long-run averages to compare current data to .
Any deviation above the average is considered growth while any deviation below this average is considered a contraction .
The downside to this is that it can misrepresent the actual situation .
Say the economy ’ s been in a slump for a prolonged period and the average of changes in retail sales each month is @ @ @ @ @ @ @ % , even if still negative at say -5 % , because it ’ s above the long-run average is still counted as a positive number with retail sales increasing in this scenario by 7.1 % .
While if the number were really -13 % for a given month it would be ADJUSTED to a loss of merely -0.9 % .
The same goes for positive numbers ; with an average increase in retail sales of 6 % a month any number above that , say an increase of 9 % , is @ @ @ @ @ @ @ % increase , while anything below that is considered negative .
For example an increase in retail sales of 4 % would be ADJUSTED TO A negative 2 % monthly rate .
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 Aegidius25
The government’s monthly report on retail sales recorded a 17.7% increase in May 2020 as compared to April. I find these number doubtful. With so many stores and other businesses shut and unable to provide sales data they are making these assessments based on incomplete data sets that are likely schewing the results. Stores that are still shut and can’t report a zero percent sales increase aren’t included in the count. Only those businesses that have survived and are still operational are reporting. And I suspect comparisons of sales figures made against the month-ago and year-ago period may only be comparing figures from these same still-existing businesses and not the many business concerns that have failed.
Surveys show that most Americans are scrambling to find ways to pay their more essential expenses. Large majorities either selling their possessions, borrowing from family and friends or dumping these charges on their credit cards to be paid down very gradually over time. They don’t have the money to go out and splurge on clothing, sales for which in this report supposedly increased 188%.
We are primarily funded by readers. Please subscribe and donate to support us!
Finally all data in this report is SEASONALLY ADJUSTED; which sounds like a means to take seasonal factors into account when calculating its data, but ts really a practice by which they create long-run averages to compare current data to. Any deviation above the average is considered growth while any deviation below this average is considered a contraction. The downside to this is that it can misrepresent the actual situation. Say the economy’s been in a slump for a prolonged period and the average of changes in retail sales each month is -12.1% Then any number above -12.1%, even if still negative at say -5%, because it’s above the long-run average is still counted as a positive number with retail sales increasing in this scenario by 7.1%. While if the number were really -13% for a given month it would be ADJUSTED to a loss of merely -0.9%. The same goes for positive numbers; with an average increase in retail sales of 6% a month any number above that, say an increase of 9%, is ADJUSTED to show only a positive 3% increase, while anything below that is considered negative. For example an increase in retail sales of 4% would be ADJUSTED TO A negative 2% monthly rate.
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--2020-06-17--Fed buying unsecured bonds is illegal. Not a grey area. Illegal.

Below is section 4003 of the CARES act .
It very clearly requires “ for the avoidance of doubt ” @ @ @ @ @ funds must adhere to 13 ( 3 ) , “ including requirements relating to loan @ @ @ @ @ and borrower solvency ” .
To be very clear – using leverage to purchase commercial @ @ @ @ @ as they are by definition unsecured .
Once you put taxpayer money at actual risk @ @ @ @ @ illegal action .
The media refuses to pick up this story by major outlets .
@ @ @ @ @ why .
It ’ s unequivocally true .
At least one senator asked Powell about @ @ @ @ @ around it .
Credit to John P. Hussman for illuminating this fact first .

by Sevro_andthe_howlers
Below is section 4003 of the CARES act.
It very clearly requires “for the avoidance of doubt” that any use of CARES funds must adhere to 13(3), “including requirements relating to loan collateralization, taxpayer protection, and borrower solvency”. To be very clear – using leverage to purchase commercial bonds is wholly illegal, as they are by definition unsecured.
Once you put taxpayer money at actual risk, you are performing an illegal action.
We are primarily funded by readers. Please subscribe and donate to support us!
The media refuses to pick up this story by major outlets. I’m not sure why. It’s unequivocally true. At least one senator asked Powell about it, but he danced around it.
Credit to John P. Hussman for illuminating this fact first.
preview.redd.it/9d5u8lxzgb551.jpg?width=1303&format=pjpg&auto=webp&s=2287655135e242fb1e7d53aeb1bfb0bcdabf06c6


investmentwatchblog--2020-06-17--CHAZ/CHOP BEWARE SEATTLE PUSHES USA OVERTHROW: [D] Are HOLDING CITIES Hostage

What Is This FILTH Taking Over USA Streets ?
CHOP CHAZ CLOWN SHOW EMERALD CITY TURNS TO DIRT They Are @ @ @ @ @ !
BEWARE

What Is This FILTH Taking Over USA Streets? CHOP CHAZ CLOWN SHOW
EMERALD CITY TURNS TO DIRT
They Are Using Americans To OVERTHROW GOVERNMENT! BEWARE
We are primarily funded by readers. Please subscribe and donate to support us!


investmentwatchblog--2020-06-17--Tens of thousands of low paid content censor workers for silicon valley

Manila is home to a gigantic shadow industry of digital cleaning .
It employs tens of thousands of people working 10-hour shifts for the big Silicon Valley corporations , deleting offensive photos and videos from social media sites .
Manila is a global content moderation hub for social media providers .
This two-part documentary reveals how an army of low-paid contractors is tasked with deleting harrowing visual material from the internet .
Complex decisions on censorship are delegated to people working under highly secretive criteria and stipulations .
With some content not so easy to erase from their minds , @ @ @ @ @ @ @ often deeply disturbing images every day can have a lasting psychological impact .
At the same time , the content reviewers are prohibited from talking about their experiences .
While examining the stories of five moderators , the film also addresses the global repercussions of online censorship and shows how fake news and hate speech are amplified by social media – which provide platforms for those eager to add fuel to existing social and political conflicts .
This debut production by filmmakers Hans Block and Moritz Riesewieck looks at the rise and fall @ @ @ @ @ @ @ .
It asks what limits there could and should be to the influence of the likes of Facebook , YouTube and Twitter on our societies .

Manila is home to a gigantic shadow industry of digital cleaning. It employs tens of thousands of people working 10-hour shifts for the big Silicon Valley corporations, deleting offensive photos and videos from social media sites.
Manila is a global content moderation hub for social media providers. This two-part documentary reveals how an army of low-paid contractors is tasked with deleting harrowing visual material from the internet. Complex decisions on censorship are delegated to people working under highly secretive criteria and stipulations. With some content not so easy to erase from their minds, viewing and rating an endless stream of often deeply disturbing images every day can have a lasting psychological impact. At the same time, the content reviewers are prohibited from talking about their experiences.
We are primarily funded by readers. Please subscribe and donate to support us!
While examining the stories of five moderators, the film also addresses the global repercussions of online censorship and shows how fake news and hate speech are amplified by social media – which provide platforms for those eager to add fuel to existing social and political conflicts.
This debut production by filmmakers Hans Block and Moritz Riesewieck looks at the rise and fall of the utopian dream of social media. It asks what limits there could and should be to the influence of the likes of Facebook, YouTube and Twitter on our societies.
Part 2: youtu.be/IKrreyG89P4


investmentwatchblog--2020-06-17--New law in blue-state Virginia requires every child be vaccinated

While we were preoccupied with the coronavirus plandemic and the Floyd riots that followed ( gee , one nationwide disaster after another , what a coincidence ) , nearly two months ago on Apri 22 , 2020 , Virginia ’ s legislature passed a draconian bill , HB 1090 , which requires every child/adolescent 18 years or younger — except those who are homeless ( ! )
— be vaccinated , regardless of parental wishes or consent .
If the child does not have documentary proof of having received vaccinations “ that are routinely recommended for children of all ages @ @ @ @ @ @ @ to a school .
Introduced by a Demonrat of course , delegate Patrick Hope ( Arlington County ) , the bill passed the House by a 51-44 vote .
Before that , HB 1090 had already been passed by the state Senate and approved ( “ recommended ” ) by Gov .
Ralph Northam , which means HB 1090 is now law in Virginia .
HB 1090 : Immunizations ; regulations by State Board of Health says ( I supplied the bold red-color emphasis ) : A BILL to amend and reenact §§22.1-271.2 @ @ @ @ @ @ @ , relating to required immunizations .
Be it enacted by the General Assembly of Virginia : 1 .
That §§22.1-271.2 and 32.1-46 of the Code of Virginia are amended and reenacted as follows : A .
No student shall be admitted by a school unless at the time of admission the student or his parent submits documentary proof of immunization to the admitting official of the school or unless the student is exempted from immunization pursuant to subsection C or is a homeless child or youth as defined in subdivision A 7 of @ @ @ @ @ @ @ , registered nurse or local health department employee performing immunizations shall provide to any person who has been immunized or to his parent , upon request , documentary proof of immunizations conforming with the requirements of this section .
B .
Any student whose immunizations are incomplete may be admitted conditionally if that student provides documentary proof at the time of enrollment of having received at least one dose of the required immunizations accompanied by a schedule for completion of the required doses within 90 calendar days .
If the student requires more @ @ @ @ @ @ @ , the conditional enrollment period shall be 180 calendar days .
The immunization record of each student admitted conditionally shall be reviewed periodically until the required immunizations have been received .
Any student admitted conditionally and who fails to comply with his schedule for completion of the required immunizations shall be excluded from school until his immunizations are resumed .
C. No certificate of immunization shall be required for the admission to school of any student if ( i ) the student or his parent submits an affidavit to the admitting official stating @ @ @ @ @ @ @ with the student ’ s religious tenets or practices ; or ( ii ) the school has written certification from a licensed physician , licensed nurse practitioner , or local health department that one or more of the required immunizations may be detrimental to the student ’ s health , indicating the specific nature and probable duration of the medical condition or circumstance that contraindicates immunization .
However , if a student is a homeless child or youth as defined in subdivision A 7 of §22.1-3 and ( a ) does not have @ @ @ @ @ @ @ incomplete immunizations and ( b ) is not exempted from immunization pursuant to clauses ( i ) or ( ii ) of this subsection , the school division shall immediately admit such student and shall immediately refer the student to the local school division liaison , as described in the federal McKinney-Vento Homeless Education Assistance Improvements Act of 2001 , as amended ( 42 U.S.C .
§11431 et seq . )
( the Act ) , who shall assist in obtaining the documentary proof of , or completing , immunization and other services @ @ @ @ @ @ @ admitting official of a school shall exclude from the school any student for whom he does not have documentary proof of immunization or notice of exemption pursuant to subsection C , including notice that such student is a homeless child or youth as defined in subdivision A 7 of §22.1-3 .
E. Every school shall record each student ’ s immunizations on the school immunization record .
The school immunization record shall be a standardized form provided by the State Department of Health , which shall be a part of the mandatory permanent @ @ @ @ @ @ @ open to inspection by officials of the State Department of Health and the local health departments .
The school immunization record shall be transferred by the school whenever the school transfers any student ’ s permanent academic or scholastic records .
Within 30 calendar days after the beginning of each school year or entrance of a student , each admitting official shall file a report with the local health department .
The report shall be filed on forms prepared by the State Department of Health and shall state the number of students admitted @ @ @ @ @ @ @ , the number of students who have been admitted with a medical or religious exemption and the number of students who have been conditionally admitted , including those students who are homeless children or youths as defined in subdivision A 7 of §22.1-3… .
E. For the purpose of protecting the public health by ensuring that each child receives age-appropriate immunizations , any physician , physician assistant , nurse practitioner , licensed institutional health care provider , or local or district health department , the Virginia Immunization Information System , and the Department @ @ @ @ @ @ @ locator information without parental authorization , including , but not limited to , the month , day , and year of each administered immunization ; the patient ’ s name , address , telephone number , birth date , and social security number ; and the parents ’ names .
The immunization information ; the patient ’ s name , address , telephone number , birth date , and social security number ; and the parents ’ names shall be confidential and shall only be shared for the purposes set out in this @ @

by Dr. Eowyn
While we were preoccupied with the coronavirus plandemic and the Floyd riots that followed (gee, one nationwide disaster after another, what a coincidence), nearly two months ago on Apri 22, 2020, Virginia’s legislature passed a draconian bill, HB 1090, which requires every child/adolescent 18 years or younger — except those who are homeless (!) — be vaccinated, regardless of parental wishes or consent.
If the child does not have documentary proof of having received vaccinations “that are routinely recommended for children of all ages,” he/she shall not be admitted to a school.
Introduced by a Demonrat of course, delegate Patrick Hope (Arlington County), the bill passed the House by a 51-44 vote. Before that, HB 1090 had already been passed by the state Senate and approved (“recommended”) by Gov. Ralph Northam, which means HB 1090 is now law in Virginia.
HB 1090: Immunizations; regulations by State Board of Health says (I supplied the bold red-color emphasis):
A BILL to amend and reenact §§22.1-271.2 and 32.1-46 of the Code of Virginia, relating to required immunizations.
Be it enacted by the General Assembly of Virginia:
1. That §§22.1-271.2 and 32.1-46 of the Code of Virginia are amended and reenacted as follows:
§22.1-271.2. Immunization requirements.
A. No student shall be admitted by a school unless at the time of admission the student or his parent submits documentary proof of immunization to the admitting official of the school or unless the student is exempted from immunization pursuant to subsection C or is a homeless child or youth as defined in subdivision A 7 of §22.1-3….
Any physician, nurse practitioner, registered nurse or local health department employee performing immunizations shall provide to any person who has been immunized or to his parent, upon request, documentary proof of immunizations conforming with the requirements of this section.
B. Any student whose immunizations are incomplete may be admitted conditionally if that student provides documentary proof at the time of enrollment of having received at least one dose of the required immunizations accompanied by a schedule for completion of the required doses within 90 calendar days. If the student requires more than two doses of hepatitis B vaccine, the conditional enrollment period shall be 180 calendar days.
The immunization record of each student admitted conditionally shall be reviewed periodically until the required immunizations have been received.
Any student admitted conditionally and who fails to comply with his schedule for completion of the required immunizations shall be excluded from school until his immunizations are resumed.
C. No certificate of immunization shall be required for the admission to school of any student if (i) the student or his parent submits an affidavit to the admitting official stating that the administration of immunizing agents conflicts with the student’s religious tenets or practices; or (ii) the school has written certification from a licensed physician, licensed nurse practitioner, or local health department that one or more of the required immunizations may be detrimental to the student’s health, indicating the specific nature and probable duration of the medical condition or circumstance that contraindicates immunization.
However, if a student is a homeless child or youth as defined in subdivision A 7 of §22.1-3 and (a) does not have documentary proof of necessary immunizations or has incomplete immunizations and (b) is not exempted from immunization pursuant to clauses (i) or (ii) of this subsection, the school division shall immediately admit such student and shall immediately refer the student to the local school division liaison, as described in the federal McKinney-Vento Homeless Education Assistance Improvements Act of 2001, as amended (42 U.S.C. §11431 et seq.)(the Act), who shall assist in obtaining the documentary proof of, or completing, immunization and other services required by such Act.
D. The admitting official of a school shall exclude from the school any student for whom he does not have documentary proof of immunization or notice of exemption pursuant to subsection C, including notice that such student is a homeless child or youth as defined in subdivision A 7 of §22.1-3.
E. Every school shall record each student’s immunizations on the school immunization record. The school immunization record shall be a standardized form provided by the State Department of Health, which shall be a part of the mandatory permanent student record. Such record shall be open to inspection by officials of the State Department of Health and the local health departments.
The school immunization record shall be transferred by the school whenever the school transfers any student’s permanent academic or scholastic records.
Within 30 calendar days after the beginning of each school year or entrance of a student, each admitting official shall file a report with the local health department. The report shall be filed on forms prepared by the State Department of Health and shall state the number of students admitted to school with documentary proof of immunization, the number of students who have been admitted with a medical or religious exemption and the number of students who have been conditionally admitted, including those students who are homeless children or youths as defined in subdivision A 7 of §22.1-3….
E. For the purpose of protecting the public health by ensuring that each child receives age-appropriate immunizations, any physician, physician assistant, nurse practitioner, licensed institutional health care provider, or local or district health department, the Virginia Immunization Information System, and the Department of Health may share immunization and patient locator information without parental authorization, including, but not limited to, the month, day, and year of each administered immunization; the patient’s name, address, telephone number, birth date, and social security number; and the parents’ names. The immunization information; the patient’s name, address, telephone number, birth date, and social security number; and the parents’ names shall be confidential and shall only be shared for the purposes set out in this subsection.


investmentwatchblog--2020-06-17--Russell Tice – The NSA Whistleblower Before Snowden – Exposing Bush Regime NSA Surveillance on ALL A

Russell Tice – The NSA Whistleblower Before Snowden – Exposing Bush Regime NSA Surveillance on ALL American Communications

This is the NSA whistleblower that no one talks about .
Snowden revealed a lot but before him Tice exposed @ @ @ @ @ .
He exposed surveillance on all citizens and the collecting of metadata .

This is the NSA whistleblower that no one talks about. Snowden revealed a lot but before him Tice exposed the scope of NSA surveillance. He exposed surveillance on all citizens and the collecting of metadata.
We are primarily funded by readers. Please subscribe and donate to support us!


investmentwatchblog--2020-06-17--Tucker Carlson: Tucker takes you inside America’s newest neighbor: CHOP – Gives Us Viewers a Good Lo

Tucker Carlson: Tucker takes you inside America’s newest neighbor: CHOP – Gives Us Viewers a Good Look at The Chopastani People

The Best in honest journalism in the business !

Tucker!
The Best in honest journalism in the business!
We are primarily funded by readers. Please subscribe and donate to support us!
AC


investmentwatchblog--2020-06-17--BLM + ANTIFA = DEATH of the AMERICAN CITY

This is what happens when the Silent Majority stays silent , and lets the crazies run everything .

This is what happens when the Silent Majority stays silent, and lets the crazies run everything.
We are primarily funded by readers. Please subscribe and donate to support us!
AC


investmentwatchblog--2020-06-17--Kevin Shipp – Soft Civil War Happening Now. Takeover of America by Dark Powers.

Where do all the riots , looting and arson happening around the country end ?
Former CIA Officer and counter-terrorism @ @ @ @ @ “ They are pushing for a civil war , and we are in a soft @ @ @ @ @ It just hasn ’ t broken out into the streets .
This will result in @ @ @ @ @ we have to remember that we are not the minority .
.
.
.
.
@ @ @ @ @ the Constitution and traditional values is the majority .
They are making it look they @ @ @ @ @ have the media , but they are not the majority .
Sadly , I think @ @ @ @ @ civil war right now , and there is going to be one .
”

Where do all the riots, looting and arson happening around the country end? Former CIA Officer and counter-terrorism expert Kevin Shipp says, “They are pushing for a civil war, and we are in a soft civil war right now. It just hasn’t broken out into the streets. This will result in a civil war, and we have to remember that we are not the minority. . . . . Your average American who loves the Constitution and traditional values is the majority. They are making it look they are the majority because they have the media, but they are not the majority. Sadly, I think we are in a soft civil war right now, and there is going to be one.”
We are primarily funded by readers. Please subscribe and donate to support us!


investmentwatchblog--2020-06-17--Civil Unrest in Media & The Supreme Court’s Wrongful Decision

There is civil unrest rising within the major media institutions in Europe and the United States including the New York Times , Philadelphia Inquirer , Washington Post just for example .
The younger generation journalists are starting to rebel against management for the fake news .
What is repeatedly coming out is demands for news organizations ’ core value needs to be the truth .
They are objecting to what has been the perception of objectivity .
Some journalists have simply not written a word for a week .
The civil unrest we see in the streets is not really @ @ @ @ @ @ @ the establishment .
This was not helped by the Supreme Court ’ s decision to deny cert to a case on qualified immunity .
This decision may go down with Dread Scot which said blacks had no constitutional rights in an effort to prevent a civil war .
This decision trying to support the status quo is equally wrong .
There is NOTHING in the Constitution that says a government employee is an exception .
The Bill of Rights is by no means a list of POSITIVE rights – it is a NEGATIVE @ @ @ @ @ @ @ foundation whatsoever to create any immunity for any government office when the sovereign of the nation is “ We the People ” not the government .

by Martin Armstrong
We are primarily funded by readers. Please subscribe and donate to support us!
There is civil unrest rising within the major media institutions in Europe and the United States including the New York Times, Philadelphia Inquirer, Washington Post just for example. The younger generation journalists are starting to rebel against management for the fake news. What is repeatedly coming out is demands for news organizations’ core value needs to be the truth. They are objecting to what has been the perception of objectivity. Some journalists have simply not written a word for a week. The civil unrest we see in the streets is not really racist as much as it is against the establishment. This was not helped by the Supreme Court’s decision to deny cert to a case on qualified immunity. This decision may go down with Dread Scot which said blacks had no constitutional rights in an effort to prevent a civil war. This decision trying to support the status quo is equally wrong. There is NOTHING in the Constitution that says a government employee is an exception. The Bill of Rights is by no means a list of POSITIVE rights – it is a NEGATIVE restraint upon government. There is no foundation whatsoever to create any immunity for any government office when the sovereign of the nation is “We the People” not the government.


investmentwatchblog--2020-06-17--Gates is Funding Seven Factories for his Mandatory Vaccine

Bill Gates says his foundation is funding the construction of factories for seven coronavirus vaccine candidates .
Europe is embracing @ @ @ @ @ not be able to even leave their house without a digital certificate from Gates to @ @ @ @ @ Former Prime Minister Tony Blair is on board with the Gates agenda .
Europe is @ @ @ @ @ for if their own citizens will be restricted in their movement , what hope will @ @ @ @ @ .
In Britain , you can leave your house and take a drive , but @ @ @ @ @ prohibited from staying anywhere else .
All of this for a virus they make out @ @ @ @ @ when the death rate is 0.0003 % of the population .
This is all about @ @ @ @ @ deliberately crashing it to destroy all businesses they deem unwanted for the zero CO2 world @

by Martin Armstrong
We are primarily funded by readers. Please subscribe and donate to support us!
Bill Gates says his foundation is funding the construction of factories for seven coronavirus vaccine candidates. Europe is embracing his agenda where people will not be able to even leave their house without a digital certificate from Gates to prove they were vaccinated. Former Prime Minister Tony Blair is on board with the Gates agenda. Europe is isolating itself from the world for if their own citizens will be restricted in their movement, what hope will there be for a tourist. In Britain, you can leave your house and take a drive, but you must return and are prohibited from staying anywhere else. All of this for a virus they make out to be the Black Death when the death rate is 0.0003% of the population. This is all about redesigning the world economy by deliberately crashing it to destroy all businesses they deem unwanted for the zero CO2 world.


investmentwatchblog--2020-06-17--LIST OF COUNTRIES FIGHTING against World HEALTH ORGANIZATION:USA, MADAGASCAR,BURUNDI…

APRIL 2020 : MADAGASCAR PRESIDENT LAUNCHED CORONAVIRUS CURE .
HE CALLS TO BLOCK World Health Organization ( WHO ) May 2020 : Trump threatens to permanently pull funding from WHO and ‘ reconsider ’ US membership edition.cnn.com/2020/05/18/politics/trump-world-health-organization-coronavirus/index.html Italy MP Speech On Bill Gates , She says Coronavirus is a hoax ( English Translation ) CIA heart attack gun ?
proven in US CONGRESS IN 1976 PUBLIC committee : AFTER THE SCAM WAS DETECTED THAT “ CARDIAC RISK ” with hydroxicloroquine study was FAKE , AND PEOPLE STARTED TO ASK QUESTIONS ABOUT THE WHO role… .
THEY “ RESUMED ” THE @ @ @ @ @ @ @ , Surgisphere , is behind flawed data which led to governments and the world health organisation changing health policy A tiny US company , Surgisphere , is behind flawed data which led to governments and the world health organisation changing health policy Photograph : Anthony Brown/Alamy Stock Photo The World Health Organization and a number of national governments have changed their Covid-19 policies and treatments on the basis of flawed data from a little-known US healthcare analytics company , also calling into question the integrity of key studies published in some of the @ @ @ @ @ @ @ .
A Guardian investigation can reveal the US-based company Surgisphere , whose handful of employees appear to include a science fiction writer and an adult-content model , has provided data for multiple studies on Covid-19 co-authored by its chief executive , but has so far failed to adequately explain its data or methodology .
Data it claims to have legitimately obtained from more than a thousand hospitals worldwide formed the basis of scientific articles that have led to changes in Covid-19 treatment policies in Latin American countries .
It was also behind a @ @ @ @ @ @ @ around the world to halt trials of the controversial drug hydroxychloroquine .
On Wednesday , the WHO announced those trials would now resume .
www.theguardian.com/world/2020/jun/03/covid-19-surgisphere-who-world-health-organization-hydroxychloroquine NY NURSE EXPLAINED ALL THE BAD PROTOCOLS TO KILL PEOPLE : MONEY , HYDROXICLOROQUINE PROTOCOLS FORBBIDEN BY CUOMO GOVERNOR , AND MUCH MORE : PLEASE POST YOUR links of COUNTRIES AGAINST THE WORLD HEALTH ORGANIZATION “ fake ” policies around CORONAVIRUS .
and potential cureS HIDDEN FROM MAINSTREAM MEDIA .

APRIL 2020: MADAGASCAR PRESIDENT LAUNCHED CORONAVIRUS CURE. HE CALLS TO BLOCK World Health Organization (WHO)
www.france24.com/en/20200421-madagascar-president-launches-coronavirus-remedy
May 2020: Trump threatens to permanently pull funding from WHO and ‘reconsider’ US membership
edition.cnn.com/2020/05/18/politics/trump-world-health-organization-coronavirus/index.html
MAY 2020, Italian Parliament Leader Slams False COVID-19 Numbers
Italy MP Speech On Bill Gates, She says Coronavirus is a hoax (English Translation)
May 14,2020:Burundi President: expels WHO officials.
www.theguardian.com/world/2020/may/14/burundi-expels-who-coronavirus-team-as-election-approaches
June 9
Burundi president: DIES SUDDENLY of “heart attack”
www.bbc.com/news/world-africa-52984119
CIA heart attack gun? proven in US CONGRESS IN 1976 PUBLIC committee:
www.wearethemighty.com/gear-tech/cia-heart-attack-gun?rebelltitem=3#rebelltitem3
www.military.com/video/guns/pistols/cias-secret-heart-attack-gun/2555371072001
CHEAP TREATMENT: HYDROXICLOROQUINE + ZINC …
We are primarily funded by readers. Please subscribe and donate to support us!
THEY GOT UPSET…
AFTER THE SCAM WAS DETECTED THAT “CARDIAC RISK” with hydroxicloroquine study was FAKE, AND PEOPLE STARTED TO ASK QUESTIONS ABOUT THE WHO role…. THEY “RESUMED” THE STUDIES ON HYDROXICLOROQUINE…
A tiny US company, Surgisphere, is behind flawed data which led to governments and the world health organisation changing health policy
A tiny US company, Surgisphere, is behind flawed data which led to governments and the world health organisation changing health policy Photograph: Anthony Brown/Alamy Stock Photo
The World Health Organization and a number of national governments have changed their Covid-19 policies and treatments on the basis of flawed data from a little-known US healthcare analytics company, also calling into question the integrity of key studies published in some of the world’s most prestigious medical journals.
A Guardian investigation can reveal the US-based company Surgisphere, whose handful of employees appear to include a science fiction writer and an adult-content model, has provided data for multiple studies on Covid-19 co-authored by its chief executive, but has so far failed to adequately explain its data or methodology.
Data it claims to have legitimately obtained from more than a thousand hospitals worldwide formed the basis of scientific articles that have led to changes in Covid-19 treatment policies in Latin American countries. It was also behind a decision by the WHO and research institutes around the world to halt trials of the controversial drug hydroxychloroquine. On Wednesday, the WHO announced those trials would now resume.
www.theguardian.com/world/2020/jun/03/covid-19-surgisphere-who-world-health-organization-hydroxychloroquine
NY NURSE EXPLAINED ALL THE BAD PROTOCOLS TO KILL PEOPLE: MONEY, HYDROXICLOROQUINE PROTOCOLS FORBBIDEN BY CUOMO GOVERNOR, AND MUCH MORE:
FAKE HOSPITAL:
mobile.twitter.com/EM_KA_17/status/1272982565088092166
PLEASE POST YOUR links of COUNTRIES AGAINST THE WORLD HEALTH ORGANIZATION “fake” policies around CORONAVIRUS.
and potential cureS HIDDEN FROM MAINSTREAM MEDIA.
thanks!
h/t SS


investmentwatchblog--2020-06-17--Let’s all share popular conservative social media channels here, because YT is hiding them from my r

Let’s all share popular conservative social media channels here, because YT is hiding them from my recommendations

It ’ s hard to find new conservative/pro-Trump YT channels , please share some with me and subscribe to others @ @ @ @ @ .
Conservative Twins : The Hodge Twins are two black bodybuilders supporting Trump .
Viva @ @ @ @ @ legal takes , tries to be neutral but often ends up pro-conservative .
If you @ @ @ @ @ talk ( can be quite interesting , got hooked during Brexit drama ) :

by yessir
It’s hard to find new conservative/pro-Trump YT channels, please share some with me and subscribe to others to help boost our community.
Conservative Twins: The Hodge Twins are two black bodybuilders supporting Trump.
Dinesh D’Souza
Ben Shapiro
OANN*
Ted Cruz
Steven Crowder
Semore Views: Small new channel
Stefan Molyneux
The Epoch Times: Anti-China news
Viva Frei: Lawyer that gives legal takes, tries to be neutral but often ends up pro-conservative.
Dr. Karlyn Borysenko: Psychologist that discusses TDS
Styxhexenhammer666
Sargon of Akkad
We are primarily funded by readers. Please subscribe and donate to support us!
Mark Dice
Blue Collar Logic
Conservative Resurgence
Don’t Walk, Run! Productions
Dr. Steve Turley
Mr. Reagan
Rebel News
The Rageaholic
John Ward
Matt Christiansen
If you are interested in British conservative talk (can be quite interesting, got hooked during Brexit drama):
Nigel Farage
TalkRadio
Jeff Taylor
The Duran
Ex-Army Paz
We Gotta Problem
Mahyar Tousi
The Delingpole Channel
The New Culture Forum Channel
Irish:
Grand Torino


investmentwatchblog--2020-06-17--Papa Powell Sees “Tremendous Human and Economic Hardship” (No V-Shaped Recovery)

That was actually the point of my recent article that unfortunately became , in the comments , all about my disclosure and not about the article ’ s theme .
So , I ’ d like to go back to that theme , now that even Fed Chair Jerome Powell supports it at the market ’ s expense .
If headlines about COVID-19 resurgence had not become the rage so quickly again , only two weeks into reopening in most states , and if the country were not sinking quickly into renewed civil war so quickly , exacerbated by police @ @ @ @ @ @ @ in the back three times in Atlanta ( though the guy did turn to shoot the police with a taser he stole from them ) , I would still anticipate the superficial good news of reopening will feed the “ V ” narrative and fuel stupidity even higher for the biggest blow-off top in Fed-fueled history … until the narrative failed .
In fact , the irrational exuberance is running so hot , it still might survive all of that … for a little while longer .
However , as Lance Roberts writes @ @ @ @ @ @ @ ) also summarized at the market lows , the recent climb in irrational exuberance was no surprise to someone , like myself ( or himself ) saying this was going to be a historic crash : The only surprise ( for me anyway ) was in how the Fed crashed the party since it usually does all it can to talk the market up and save it at any expense .
Subsequently , the Fed has offered new salvation in the form of corporate bond buying to prop up zombie corporations whose debt @ @ @ @ @ @ @ zombies can stay alive like the walking dead by eating themselves in the form of refinancing their stock buybacks .
Maybe that is the Fed ’ s penance for crashing the market , or maybe it new it was about to do that and chose to send the market down last week to cool it a bit for the new heat hit .
That makes the idea that Powell would intentionally try to cool the market a little unlikely , but cool it is exactly what Powell did .
Powell , in fact @ @ @ @ @ @ @ a pool of glacial melt .
We just saw those teeth when Powell and COVID-19 news teamed up to deliver the market a one-two punch in the chops last week .
Powell delivered the same message again this week to congress : In other words , the recovery is not V-shaped .
The quick rebound is uneven across the economy with some parts doing terrible , but the good news in the good parts is what the market is hearing ( as I said would be the case , and so it ’ @ @ @ @ @ @ @ now ) .
Which is what I was trying to say in that previous article the market almost certainly would do .
The Robinhood investors and other retail investors would fasten on the immediate good news from recovery and ignore the deeper truths lurking beneath the surface : That ’ s the deeper underlying truth , and there will be great deal more to come as we see what doesn ’ t recover and what gets hit with knock on effects .
The initial ride on the recovery rocket was certain History virtually @ @ @ @ @ @ @ ’ s fall as the bulls are slow to give up their ignorance , and their testosterone drives their brains .
( Notice I said “ brains , ” not “ thinking , ” as there is very little of the latter during these temporary rushes back up . )
History does not , however , assure a rocket ride as high as what we saw over the last two-and-a-half months , but that is because history has no example of a rebound with this much Fed fueling or the benefit of instant @ @ @ @ @ @ @ closure or of trillions of instant government spending intended to send the market back the other way by a president completely sold out to Wall Street .
This bounce , with all of those things behind it , had more fire power backing it than any bounce ever seen .
We ’ re not talking a measured amount more .
We ’ re talking a nuclear bomb more .
And , still , it is struggling to attain the previous market highs ( other than in the Nasdaq ) .
The Fed is @ @ @ @ @ @ @ makes it all the more apparent that the Fed is essentially dead , as I said it would be when this recession got here .
Even one of Deutsche Bank ’ s top execs said back in 2017 this day would come : The new game , for the moment is QE4ever .
The only thing new about it is that this one will continue until the whole economy is a smoking pile of rubble .
Powell already assured everyone it will continue , a least , through 2022 .
QE , however @ @ @ @ @ @ @ effectively as in the past or restore the economy back to its old sustained lows seen in 2019 , but QE can never be removed either because its removal would cause total global economic collapse greater than any ever seen .
Central banks have for a decade built a financial world utterly dependent on sustained QE in all markets — stocks , bonds , cash , commodities — except precious metals , but they have that market cornered and rigged , to protect themselves .
Capitalism died in this process , too : @ @ @ @ @ @ @ on the role of the communist politburo , which micromanages the economy similar to what the USSR did for 5 decades , however to avoid allegations that capitalism is now dead and minimize references to the gruesome collapse of the USSR when central planning resulted in too much capital misallocation and … inefficient enterprises , culminating with the collapse of the Soviet Union , the Fed ’ s role had to be framed as merely a temporary one .
This brings us to the present , where in the aftermath of the Fed @ @ @ @ @ @ @ following the March crash , Kocic writes that “ here we go again , the state of exception is back , although this time it is really different.
“ Why ?
Because … the strategist agrees with what we have been saying for the past decade , namely that “ with every new crisis problems have become deeper and more difficult to manage ” which was to be expected in a world in which constant bailouts from central banks prevent a normal corrective process to occur as the imbalances and excesses continue to @ @ @ @ @ @ @ shocks to the system , requiring ever greater bailouts , and even greater debt , i.e.
, borrowing from the future until , as Eric Peters , recently said “ We Have Reached The Point Where The Entirety Of Future Prosperity Has Been Pulled To The Present.
” You may recall I ’ ve been saying all of that for a long time , too .
This time the Fed is going to have so many plates spinning due to all the problems its own policies and bailouts keep causing to build up @ @ @ @ @ @ @ possibly be able to manage them all .
Since the very day I started writing this blog ( and even before when writing just in newspapers ) , I ’ ve said that we , by following the Fed ’ s plan , are refusing to bear our painful correction and are only assuring the pain of correction will be far worse to handle in the future .
That future is here .
That ’ s why I call this “ the Epocalypse ” ( economic apocalypse ) .
Last week , the @ @ @ @ @ @ @ , Steven Mnuchin , and Jerome Powell — all could not put the king ’ s market back together again when it fell off the wall .
The market ignored them all .
In fact , Powell helped shove it off the wall .
Besides COVID-19 rising again to attack the V-shaped recovery delusion , Powell , in what is believed to be his usual speaking ineptitude , seemingly leaked out a little bit too much truth about how much this is NOT going to be a V-shaped recovery , even with the @ @ @ @ @ @ @ such as promising zero interest all the way into 2023 !
The following summarizes the details Powell gave as to why this narrative is unfounded and will fail , as my earlier article intended to state ( though the only point anyone got out of it seemed to be me betting that the stupidity would continue just a little while longer and higher as it now seems to be trying to do again .
My apologies . )
: The Fed laid out the following large list of the details of economic destruction @ @ @ @ @ @ @ demand may ultimately bankrupt many businesses .
• Services activity has dropped more sharply than manufacturing .
• Social-distancing requirements and customer attitudes may further weigh on the recovery in travel , tourism , restaurants , and recreation .
• Some small businesses and highly leveraged firms might have to shut down permanently or declare bankruptcy .
• Widespread failure of small businesses could adversely alter the economic landscape and potentially slow the recovery .
• Persistently weak consumer and business demand may mean persistent deflation .
• The significantly increase in government @ @ @ @ @ @ @ • The economic damage of the recession may be quite persistent .
That ’ s a pretty long list of horrible outcomes !
It ’ s even more notable for how candidly the normally reserved Fed is speaking the truth about how bad things are likely to be and for how long .
The Fed actually sounds almost like me … as if even the Fed is catching on to what an Epocalypse this is going to be and how difficult it will be for the Fed to help get us out of @ @ @ @ @ @ @ the way for mercy from the masses if they fail and great patience if they are to succeed at all .
While Powell talks about the long extent to which the Fed will maintain zero interest and QE on steroids and how the Fed will even increase the already supersized QE if necessary , the market last week heard only the words that painted a bleak picture of a long , dark recovery-free zone , so it fell upon news of years of additional Fed stimulus .
This week , the market is @ @ @ @ @ @ @ new corporate bond interference the Fed promised to run to shore up stock buybacks and because Trump promised a new trillion-dollar infrastructure stimulus package .
Like I said , no end to QE because even the government stimulus packages require QE to fund them , something congress questioned Powell on , but he denied the Fed is monetizing the debt .
As for my statement that Fed stimulus is forever now , Powell ’ s own words claimed , Notice the triple emphasis on not “ thinking about ” it .
That ’ @ @ @ @ @ @ @ Recovery is so far off — so vastly far from any hope of being V-shaped — that we ’ re not even willing to think about what we might do when we eventually get back to stable ground.
” Truth hurts , but the Fed can not admit it is QE4ever .
Congress questioned Powell about that : Sure it isn ’ t !
( Did you hear the dripping sarcasm ? )
That is one of the reasons this has to be QE4ever .
The massive funding of the exploding , elephantine @ @ @ @ @ @ @ are no longer enough buyers without the Fed to fund it .
“ There is great uncertainty about the future “ Here , again , is Powell ’ s speech , which covers some of the bullet points above .
( Others came out of the Fed ’ s written statement . )
Notice , as I mentioned in my last article , how nervous Powell looks and how grim he sounds — something Fedheads try their best to avoid in order to project confidence that will keep the market from plunging as @ @ @ @ @ @ @ speech : I never thought I would see the Fed be this blunt or sound this lacking in confidence ; but that just demonstrates how this really is the Epocalypse we ’ re descending down into and how truly the desperate the Fed ’ s situation now is .
This may be a first in history for Fed candor about how bad truly are , and Powell ’ s constant lip biting and swallowing heightened the impact .
So , as I said in my earlier article , there is no V-shaped recovery @ @ @ @ @ @ @ up , thinking we ’ re just going to cruise right back up that great American economic slope , are hopelessly deluding themselves .
The Fed is trying awfully hard to convince everyone the hardship is going to last a long time , and that ’ s not the Fed ’ s normal modus operandi .
It knows it can not expand its QE much beyond the current pace without creating those huge economic distortions mentioned earlier in this article that will devolve into total chaos .
If it goes beyond the level @ @ @ @ @ @ @ distortions will go beyond what the Fed is confident it can control .
There is no “ V .
”

by David Haggith
Jerome Powell burst the stock market bubble by publicly acknowledging there will not likely be a “V”-shaped economic recovery. He indicated that it will take years for the economy to return to the recent levels … we experienced just a mere four months ago. —Seeking Alpha
That was actually the point of my recent article that unfortunately became, in the comments, all about my disclosure and not about the article’s theme. So, I’d like to go back to that theme, now that even Fed Chair Jerome Powell supports it at the market’s expense.
The Fed now having set the expectations that rates will remain at least at zero … has inadvertently revealed a major gap in narrative: That of a V shaped recovery presumed by markets and a Fed signaling with zero rates through 2022 that there is no V shaped recovery in the offing, rather a protracted high unemployment environment that is entirely inconsistent with market valuations north of 150% market cap to GDP. Northman Trader
If headlines about COVID-19 resurgence had not become the rage so quickly again, only two weeks into reopening in most states, and if the country were not sinking quickly into renewed civil war so quickly, exacerbated by police appearing to shoot a fleeing Black man in the back three times in Atlanta (though the guy did turn to shoot the police with a taser he stole from them), I would still anticipate the superficial good news of reopening will feed the “V” narrative and fuel stupidity even higher for the biggest blow-off top in Fed-fueled history … until the narrative failed.
In fact, the irrational exuberance is running so hot, it still might survive all of that … for a little while longer. However, as Lance Roberts writes,
The surge in COVID-19 cases in the U.S. undermined the “V-Shaped” economic recovery meme…. The issue remains that the markets have priced in a “V-shaped” recovery, which is well ahead of what the economic data suggests…. There were two catalysts that ignited the sell-off on Thursday. The first, as stated above, were headlines of a surge in COVID-19 cases…. The second, and probably more important reason, was what the Fed didn’t say following this week’s Fed meeting. Real Investment Advice
As Sven Henrich (Northman Trader) also summarized at the market lows, the recent climb in irrational exuberance was no surprise to someone, like myself (or himself) saying this was going to be a historic crash:
The 1929 redux tells us a big rally will come and this rally will be awe inspiring, it’ll produce technical reconnects in a market that is now widely disconnected to the downside and it will bring back optimism. But then the historical script suggests lower highs to come as the world is then confronted with the consequences of the costs of extinguishing this fire. The bill comes due as the world will be settled with even more debt, but now a much higher unemployment rate, poorer consumers, and companies focused on margin efficiencies. Northman Trader
The only surprise (for me anyway) was in how the Fed crashed the party since it usually does all it can to talk the market up and save it at any expense.
Subsequently, the Fed has offered new salvation in the form of corporate bond buying to prop up zombie corporations whose debt is about to become junk so said zombies can stay alive like the walking dead by eating themselves in the form of refinancing their stock buybacks.
Maybe that is the Fed’s penance for crashing the market, or maybe it new it was about to do that and chose to send the market down last week to cool it a bit for the new heat hit.
As Lance Roberts wrote,
Unwittingly, the Fed has now become co-dependent on the markets. If they acknowledge the risk of weaker economic growth, the subsequent market sell-off would dampen consumer confidence and push economic growth rates lower.…
That makes the idea that Powell would intentionally try to cool the market a little unlikely, but cool it is exactly what Powell did. Powell, in fact, pushed it over a cliff into a pool of glacial melt.
“Federal Reserve Chairman Powell delivered a cautionary economic message for not only this year but for several years to come…. There was mounting evidence that Covid-19 is still not tamed.” While Fed liquidity is currently fueling a “bull market,” the “bear case” still has teeth. Eventually, the market will fill the gap between “fantasy” and “reality.”
We just saw those teeth when Powell and COVID-19 news teamed up to deliver the market a one-two punch in the chops last week. Powell delivered the same message again this week to congress:
Powell says economic activity far below pre-pandemic levels despite ‘modest rebound’ in some areas. MarketWatch
In other words, the recovery is not V-shaped. The quick rebound is uneven across the economy with some parts doing terrible, but the good news in the good parts is what the market is hearing (as I said would be the case, and so it’s going back up again … for now).
Federal Reserve Chairman Jerome Powell on Tuesday suggested investors shouldn’t overreact to surprisingly good economic data like the May retail sales report.
Which is what I was trying to say in that previous article the market almost certainly would do. The Robinhood investors and other retail investors would fasten on the immediate good news from recovery and ignore the deeper truths lurking beneath the surface:
Powell acknowledged some economic indicators have pointed to a stabilization in activity and others have even suggested “a modest rebound…. That said, the levels of output and employment remain far below their pre-pandemic levels, and significant uncertainty remains about the timing and strength of the recovery.”
That’s the deeper underlying truth, and there will be great deal more to come as we see what doesn’t recover and what gets hit with knock on effects.
Economists think the indicators could show a strong rebound in May and June but then the economy might falter.
The initial ride on the recovery rocket was certain
History virtually assured a rocket ride rebound from March’s fall as the bulls are slow to give up their ignorance, and their testosterone drives their brains. (Notice I said “brains,” not “thinking,” as there is very little of the latter during these temporary rushes back up.)
History does not, however, assure a rocket ride as high as what we saw over the last two-and-a-half months, but that is because history has no example of a rebound with this much Fed fueling or the benefit of instant economic reopening coming out of a forced closure or of trillions of instant government spending intended to send the market back the other way by a president completely sold out to Wall Street.
“The early part[s] of this recovery are going to be in a way easy because they are coming off such low levels,” and this might last through July, said Mike Feroli, chief U.S. economist at J.P. Morgan Chase. “After that, the story gets a little more interesting,” Feroli added.
This bounce, with all of those things behind it, had more fire power backing it than any bounce ever seen. We’re not talking a measured amount more. We’re talking a nuclear bomb more. And, still, it is struggling to attain the previous market highs (other than in the Nasdaq).
The Fed is mired in its own mess
That only makes it all the more apparent that the Fed is essentially dead, as I said it would be when this recession got here. Even one of Deutsche Bank’s top execs said back in 2017 this day would come:
There will come a point when “the spiraling trajectory cannot continue indefinitely; it has to stop at some point beyond which there will be no more bubbles. In many ways, it looks like the post-2008 represents the last lapse. A new game has to be reinvented for the old future to materialize, or a different paradigm altogether has to take over….” The events over the past three months were just that event. Zero Hedge
The new game, for the moment is QE4ever. The only thing new about it is that this one will continue until the whole economy is a smoking pile of rubble. Powell already assured everyone it will continue, a least, through 2022.
QE, however, will never again boost markets as effectively as in the past or restore the economy back to its old sustained lows seen in 2019, but QE can never be removed either because its removal would cause total global economic collapse greater than any ever seen.
Central banks have for a decade built a financial world utterly dependent on sustained QE in all markets — stocks, bonds, cash, commodities — except precious metals, but they have that market cornered and rigged, to protect themselves.
Capitalism died in this process, too:
Stated simply, central banks have taken on the role of the communist politburo, which micromanages the economy similar to what the USSR did for 5 decades, however to avoid allegations that capitalism is now dead and minimize references to the gruesome collapse of the USSR when central planning resulted in too much capital misallocation and … inefficient enterprises, culminating with the collapse of the Soviet Union, the Fed’s role had to be framed as merely a temporary one. This brings us to the present, where in the aftermath of the Fed’s grotesque takeover of capital markets following the March crash, Kocic writes that “here we go again, the state of exception is back, although this time it is really different.“ Why? Because … the strategist agrees with what we have been saying for the past decade, namely that “with every new crisis problems have become deeper and more difficult to manage” which was to be expected in a world in which constant bailouts from central banks prevent a normal corrective process to occur as the imbalances and excesses continue to pile up, resulting in ever greater shocks to the system, requiring ever greater bailouts, and even greater debt, i.e., borrowing from the future until, as Eric Peters, recently said “We Have Reached The Point Where The Entirety Of Future Prosperity Has Been Pulled To The Present.”
You may recall I’ve been saying all of that for a long time, too.
We are primarily funded by readers. Please subscribe and donate to support us!
This time the Fed is going to have so many plates spinning due to all the problems its own policies and bailouts keep causing to build up within the system that it will not possibly be able to manage them all. Since the very day I started writing this blog (and even before when writing just in newspapers), I’ve said that we, by following the Fed’s plan, are refusing to bear our painful correction and are only assuring the pain of correction will be far worse to handle in the future.
That future is here. That’s why I call this “the Epocalypse” (economic apocalypse).
By voting to avoid short-term pain, the Federal Reserve has locked the economy into a long-term economic malaise. Real Investment Advice
The first stage was the shutdown with a sharp drop in activity and that may end at the end of June. The second part will be the “bounceback” with people going back to work. “We’re seeing apparently the beginning of that,” Powell said. The third stage will be the economy “well short” of the pre-pandemic level in February. MarketWatch
Fed flubbed
Last week, the triumvirate of Trumpian finance — Larry Kudlow, Steven Mnuchin, and Jerome Powell — all could not put the king’s market back together again when it fell off the wall. The market ignored them all. In fact, Powell helped shove it off the wall.
Not only does Chair Powell not see a “V”-shaped recovery taking place in 2020, but he envisions that it ill be a very long and arduous road back to the levels of economic growth that we saw just four months ago. Seeking Alpha
Besides COVID-19 rising again to attack the V-shaped recovery delusion, Powell, in what is believed to be his usual speaking ineptitude, seemingly leaked out a little bit too much truth about how much this is NOT going to be a V-shaped recovery, even with the Fed doing all that it can, such as promising zero interest all the way into 2023!
The following summarizes the details Powell gave as to why this narrative is unfounded and will fail, as my earlier article intended to state (though the only point anyone got out of it seemed to be me betting that the stupidity would continue just a little while longer and higher as it now seems to be trying to do again. My apologies.):
Fed Chair Powell’s downbeat assessment of the way forward [threw] more cold water on the stock market’s hopes for a V-shaped recovery, saying that the COVID-19 outbreak was causing “tremendous human and economic hardship across the United States and around the world.” Zero Hedge
The Fed laid out the following large list of the details of economic destruction, saying the …
Collapse in demand may ultimately bankrupt many businesses .
. Services activity has dropped more sharply than manufacturing .
. Social-distancing requirements and customer attitudes may further weigh on the recovery in travel, tourism, restaurants, and recreation.
Some small businesses and highly leveraged firms might have to shut down permanently or declare bankruptcy.
Business dynamism and innovation may suffer.
Widespread failure of small businesses could adversely alter the economic landscape and potentially slow the recovery.
Persistently weak consumer and business demand may mean persistent deflation.
The path ahead is extraordinarily uncertain.
The significantly increase in government debt may add to sovereign risk.
The economic damage of the recession may be quite persistent.
That’s a pretty long list of horrible outcomes! It’s even more notable for how candidly the normally reserved Fed is speaking the truth about how bad things are likely to be and for how long. The Fed actually sounds almost like me … as if even the Fed is catching on to what an Epocalypse this is going to be and how difficult it will be for the Fed to help get us out of it. They seem to be paving the way for mercy from the masses if they fail and great patience if they are to succeed at all.
While Powell talks about the long extent to which the Fed will maintain zero interest and QE on steroids and how the Fed will even increase the already supersized QE if necessary, the market last week heard only the words that painted a bleak picture of a long, dark recovery-free zone, so it fell upon news of years of additional Fed stimulus.
This week, the market is dusting itself back off because of that new corporate bond interference the Fed promised to run to shore up stock buybacks and because Trump promised a new trillion-dollar infrastructure stimulus package.
Like I said, no end to QE because even the government stimulus packages require QE to fund them, something congress questioned Powell on, but he denied the Fed is monetizing the debt.
As for my statement that Fed stimulus is forever now, Powell’s own words claimed,
We’re not thinking about raising rates. We’re not even thinking about thinking about raising rates. MarketWatch
Notice the triple emphasis on not “thinking about” it. That’s another way of saying, “Recovery is so far off — so vastly far from any hope of being V-shaped — that we’re not even willing to think about what we might do when we eventually get back to stable ground.”
Powell’s foolish mistake was to caution markets the US is going to face “an extended period where it will be difficult for many people to find work.” The blithering fool. If only he’d said … “We promise to keep giving investors free money so they will believe the economy is in great shape.” Morning Porridge
Truth hurts, but the Fed cannot admit it is QE4ever. Congress questioned Powell about that:
Powell said the central bank wasn’t buying asset to make it easier for the U.S. Treasury Department to sell the increased debt. This is known as “monetizing the debt.” “That is certainly not our intention,” Powell replied. The Fed’s asset purchases were needed because financial markets stopped working when investors all decided to move to cash. “It wasn’t in any way about meeting Treasury’s supply. We really don’t think of that,” he said, adding there is a lot of demand for Treasurys. MarketWatch
Sure it isn’t! (Did you hear the dripping sarcasm?) That is one of the reasons this has to be QE4ever. The massive funding of the exploding, elephantine government debt is forever, and there are no longer enough buyers without the Fed to fund it.
“There is great uncertainty about the future“
Here, again, is Powell’s speech, which covers some of the bullet points above. (Others came out of the Fed’s written statement.) Notice, as I mentioned in my last article, how nervous Powell looks and how grim he sounds — something Fedheads try their best to avoid in order to project confidence that will keep the market from plunging as it did right after Powell’s speech:
Lawrence Fuller comments that the Fed …
has wasted all its ammunition trying to prop up financial markets in recent years. It no longer has what it takes to support the economy in this time of crisis…. I can no longer tell whether Chairman Powell is stupid or simply playing dumb, based on some of the answers he gave to questions posed by journalists.… To suggest we will have zero-interest rates until 2023 means that there is not likely to be much of a recovery at all, and it certainly won’t be the V-shaped one that the stock market has already priced with this bear-market rally. Seeking Alpha
I never thought I would see the Fed be this blunt or sound this lacking in confidence; but that just demonstrates how this really is the Epocalypse we’re descending down into and how truly the desperate the Fed’s situation now is.
This may be a first in history for Fed candor about how bad truly are, and Powell’s constant lip biting and swallowing heightened the impact.
Some economists thought May’s jobs report issued just a few days ago, which showed 2.5 million jobs were created last month after April’s sharp losses, was a good sign. Powell said the report was a welcome surprise but just one month’s data. “I think we have to be honest, it’s a long road,” Powell said, pointing out there are 20 million people who are displaced in the labor market. MarketWatch
So, as I said in my earlier article, there is no V-shaped recovery coming, and those bidding the market up, thinking we’re just going to cruise right back up that great American economic slope, are hopelessly deluding themselves.
The Fed is trying awfully hard to convince everyone the hardship is going to last a long time, and that’s not the Fed’s normal modus operandi. It knows it cannot expand its QE much beyond the current pace without creating those huge economic distortions mentioned earlier in this article that will devolve into total chaos. If it goes beyond the level it’s at, the economic distortions will go beyond what the Fed is confident it can control.
The Fed is dead.
There is no “V.”


investmentwatchblog--2020-06-17--AZ now exceeds Peru and Brazil to be one of the hardest hit regions. Exceeds all European countries

AZ now exceeds Peru and Brazil to be one of the hardest hit regions. Exceeds all European countries as well.

Sad day : ARIZONA has crossed the rubicon… its epidemic now exceeds Brazil and Peru to be one of the @ @ @ @ @ world .
Exceeding all European countries as well .

Sad day: ARIZONA has crossed the rubicon… its epidemic now exceeds Brazil and Peru to be one of the hardest hit regions in the world. Exceeding all European countries as well.
Today: Record cases, record positivity %, record ER, record hospitalizations, record ICU. #COVID19 pic.twitter.com/czTCaSeOJ4
— Eric Feigl-Ding (@DrEricDing) June 17, 2020


investmentwatchblog--2020-06-17--CCP caught attempted to provoke Japanese to have BLM protest

Some twitter account posted poster to provoke BLM protest in Japan , but being discovered to be made by Chinese @ @ @ @ @ used are Chinese words , which are different from Japanese Chinese words .
After being @ @ @ @ @ the poster .

by Expensive_Pop
Some twitter account posted poster to provoke BLM protest in Japan, but being discovered to be made by Chinese people, as the words used are Chinese words, which are different from Japanese Chinese words.
We are primarily funded by readers. Please subscribe and donate to support us!
After being exposed, the account removed the poster.