President Trump faces trouble, and he is handling it in a dangerous way. Our economy is reeling, as the Fed pours out billions of dollars in a futile effort to avert disaster. We know to our cost that politicians, faced with crisis at home, provoke war “to busy giddy minds with foreign quarrels.” Unfortunately, this is just what Trump is doing. According to a CNN news report on Friday, May 28, “President Donald Trump launched a blistering attack on Beijing Friday, naming misdeeds that range from espionage to the violation of Hong Kong’s freedoms, and announced a slew of retaliatory measures that...
There has been some local violence in Buffalo. Buffalo’s Mayor Brown and Erie County’s Supervisor Poloncarz both said that outsiders instigated violence: “Both Brown and Poloncarz indicated some members of the protest were not from the city.” “‘There are people who are here in this community who are not from this community,’ Brown said, ‘and their intent is to create violence and mayhem.’” “‘The vast majority of protesters were peaceful, we expected them to be peaceful,’ Poloncarz later added, ‘but we’re also getting intelligence that there were individuals coming from outside this area who had nothing but violence on their mind.’”...
Retail Investors Continue To Pile Into Bankrupt Hertz Tyler Durden Mon, 06/01/2020 - 15:01 Here's one for what's left of fans of the Efficient Market Hypothesis: having stampeded into Hertz stock as it was plunging over the past three months, one would expect this bizarre BTFDing to end after the auto rental giant filed for bankruptcy. After all, with the company set to equitize billions in debt, there will be zero left for existing equityholders.
And yet, not only has the stampede of Robin...
Track It Here: Reaper Drone Takes Flight Monday Amid Worsening Riots Across America Tyler Durden Mon, 06/01/2020 - 14:45 The U.S. Customs and Border Protection's (CBP) General Atomics MQ-9 Reaper military surveillance drone is back in the skies on Monday afternoon.
Here is the live air map via Radar Box showing CBP-104 flying at 20,000 feet altitude near Minot, North Dakota, with an unknown destination.
CBP-104 near Minot, ND, on June 1. h/t Radar Box
CBP-104 was first brought to our attention on Friday morning (May 29) after Radar Box...
"The Pain Trade Is Clearly Up": How One Bear Is Hedging The Continued Market Meltup Tyler Durden Mon, 06/01/2020 - 14:25 For BofA's Benjamin Bowler, the past two months have been rough. The bank's head of derivatives research has been skeptical throughout the recent 35% surge in the S&P, urging clients to fade the rally or simply to ignore it, as highlighted in recent posts:
The Higher Stocks Rise, The More Fragile The Market Becomes "Fade The Rip": BofA Warns "Bear Market Far From...
De uitbraak van het coronavirus heeft systemen en samenlevingen wereldwijd ontregeld en men staat aan de vooravond van mogelijk de grootste crisis uit de moderne geschiedenis. Veel meer dan alleen een medische kwestie, heeft een complex samenspel van verschillende geopolitieke ontwikkelingen die reeds jaren aan de gang zijn geleid tot de situatie waarin de wereld […]
Een aspect van de rellen in de Verenigde Staten dat ik nog niet behandeld heb is het racisme. Niet iedereen is gelijk in Amerika. De zwarte bevolking profiteert minder van de economische kansen die er zijn. Zowel het inkomen per huishouden als het inkomen per persoon blijven duidelijk achter. bron wiki en wiki. In het huidige […]
“The gangsters who have control of our govts are already letting contracts…” – Penelope Covid-19 nothing like the “threat” it is constantly presented as Penelope Dr Sucharit Bhakdi, and other like-minded medical professionals, have launched Medical Professionals and Scientists for Health, Freedom and Democracy. A new initiative to organise those who, based on years of experience and their own research, do not believe Covid-19 is anything like the “threat” it is constantly presented as. Their statement of purpose is available in summary & in complete form here. I don’t think y’all are yet aware of what is coming at you....
