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April 13, 2020

Monday, April 13, 2020

There's No Going Back Now

What I see is a global collapse of intangible capital that is invisible to most people...



Dow Dumps 800 Points From Sunday Open - Erases Fed "All-In" Spike

All the gains from The Fed going "all in" on Thursday have been erased...



Trump Scrambles To Jawbone Oil Price Higher, Says OPEC+ Looking At Cutting 20MM Barrels, Not 10MM

"Having been involved in the negotiations, to put it mildly, the number that OPEC+ is looking to cut is 20 Million Barrels a day, not the 10 Million that is generally being reported."
Petrodollar- The US Dollar Is ALREADY Commodity Backed. Mannarino

CRITICAL UPDATES: Crude, Stocks, Bitcoin, Gold, Silver, Bonds. Mannarino




"Don't Fight The Fed": Wall Street's Former Biggest Bear Goes All In, Raises S&P Price Target To 3,000

"Our base case view is that the market already had its successful re-test the week of March 30, meaning that week's lows of 2450 should not be challenged again"



IRS Deposits First Batch Of Coronavirus Stimulus Payments To Broke Americans

"We know many people are anxious to get their payments; we'll continue issuing them as fast as we can."



Pope Francis Preached Social Justice Gospel Advocating For A ‘Universal Basic Income’ To Spread ‘Benefits Of Globalization’ On Easter Sunday

You know, if I ever get the chance to speak with Pope Francis face to face, I will have two things to say to him. First, I would tell him about how he could have new life in Jesus Christ by becoming born again. And second, I would thank him for always giving me something to write about when I need to do an article comparing and contrasting the Church that Jesus shed His blood to start, and the Roman counterfeit. He just never lets me run dry of material, and today is no exception. Today’s SJW gospel message? Universal Basic Income!



A Country In Lockdown: States Accounting For 86% Of GDP Are Frozen, And What The Reopening Could Look Like

Lifting state lockdown orders should provide a boost to economic activity, but will not be sufficient on its own to bring most economic activity back unless the virus is also under control.



Morgan Stanley Publishes Full Timeline Of Upcoming Coronavirus Milestones; Sees Second Coronavirus Peak In December

"The path to re-opening the economy is going to be long. It will require turning on and off various forms of social distancing and will only come to an end when vaccines are available, in the spring of 2021 at the earliest." (It will start again this fall - use the time coming up to slowly prepare - don't panic!)



Guggenheim Warns Of Coming Emerging Market Apocalypse: "Pandemic Will Be Followed By Food Shortages, Social Unrest"

...global capital markets remain extremely fragile...Investors seem to ignore the fact that while the global economic shutdown is synchronized, the spread of the virus is not...



Grocery Workers Increasingly Fear Showing Up at Work

Doug Preszler wasn’t thinking about risk when he took a cashier job at a regional supermarket in eastern Iowa. But five months in, he has found himself at the forefront of a global crisis with little training or protection – save for the pocket-size bottle of hand sanitizer and Ziploc full of disposable gloves he brings from home each day.



Leaders seize new powers to fight coronavirus, fears grow for democracy

France and Bolivia have postponed elections. Peru handed its president broad new legislative authority. Israel sharply ramped up the reach of its surveillance state. While leaders around the world fight the spread of the coronavirus, they’re amassing sweeping new powers. As legislatures limit or suspend activities in the name of social distancing, many of the norms that define democracy…have been put on indefinite hold.



Anthony Fauci wants coronavirus vaccines to be forced on all Americans

Anthony Fauci: He’s a bit on the short side, seemingly always has this creepy joker grin on his face, and wants you and your family to be forcibly vaccinatedagainst the Wuhan coronavirus (COVID-19) before you’ll ever again be allowed to leave your house for anything other than cattle pen grocery shopping.



No protests allowed: Virginia governor “Blackface” Northam signs bevy of gun control bills while citizens are locked down due to coronavirus

When Virginia Gov. Ralph Northam was discovered in a med school yearbook photo depicting him either in “blackface” or wearing a KKK costume, most political analysts thought his career was over.



Tornadoes strike multiple states as severe weather outbreak unfolds on Easter in South

More than a dozen confirmed tornadoes have struck from Texas to Mississippi on Sunday, damaging homes, as the South faced an onslaught of severe weather.



Passover: New Wave of Locust ‘Plague’ Hits Africa, This Time it’s 20 Times Bigger

A plague of locusts that struck Africa hard has returned with a vengeance and like the archetypal plague in Egypt. Billions of young locusts are spreading out from their breeding grounds in Somalia, newly hatched after seasonal rains, eating more than the older insects that passed through already.



Ebola: 11-month-old girl becomes second to die in Congo amid fears of new wave

After more than seven weeks without any recorded cases, the Democratic Republic of the Congo (DRC) has now seen two deaths in recent days, with the latest victim being an 11-month-old girl,

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