David Stockman on Fiscal Disaster, Social Unrest, and the Presidential Election

06-20-2020 • https://internationalman.com, by David Stockman

International Man: Recently, massive riots have broken out in many cities across the US.

America's Guaranteed Living Hell

06-20-2020 • https://economicprism.com, by MN Gordon

One of the consequences of expansionary monetary intervention is that it distorts the relationship between financial markets and the underlying economy.

$10 Trillion Federal Budget & Fed Buying Stocks & Bonds? This Fantasy Will End Soon!

06-20-2020 • https://www.youtube.com, RonPaulLibertyReport

The U.S. federal government and its monopolist financier, The Federal Reserve, have created an economic fantasy world.

Americans Have Already Skipped Payments On More Than 100 Million Loans...

06-19-2020 • theeconomiccollapseblog.com, by Michael Snyder

Those that have been hoping for some sort of a "V-shaped recovery" have had their hopes completely dashed.

Trump Says 'Decoupling' From China on the Table

06-19-2020 • https://news.antiwar.com, by Jason Ditz

Top Trump adviser warned him this was not reasonable just a day before

Americans Have Already Skipped Payments On More Than 100 Million Loans...

06-19-2020 • theeconomiccollapseblog.com, by Michael Snyder

Those that have been hoping for some sort of a "V-shaped recovery" have had their hopes completely dashed.

Fed's New Facility Will Buy Junk Bonds With 7-1 Leverage

06-19-2020 • https://www.thestreet.com, Mish

Today, the Fed announced the terms of its new bond facility. In reality it's nothing but an asset price support mechanism.

The US Treasury Will "Pump" Another $1-Trillion Into Economy This Month

06-17-2020 • https://needtoknow.news by Zero Hedge

Treasury Secretary Steve Mnuchin said last week declared that another $1-trillion will be created out of government debt and pumped into the economy.

Conservatives: Feds Close to Spending More Than on Revolutionary, Civil War, WWI, II Combined

06-18-2020 • https://www.cnsnews.com, By Melanie Arter

A coalition of conservative leaders sent a letter to President Donald Trump and Senate Majority Leader Mitch McConnell (R-Ky.) warning that the congressional spending in the coronavirus must stop...

Investing Legend Jeremy Grantham Is "Amazed" At This Unprecedented Stock Bubble

06-18-2020 • https://www.zerohedge.com, Tyler Durden

Two weeks ago, the generally cheerful investing icon Jeremy Grantham unleashed fire and brimstone, taking his $7.5BN portfolio to a net short position for the first time since the financial crisis, and summarizing his dire assessment of the current u

This Is Why We Are Facing A 6 Week Countdown To Immense Economic Despair…

06-18-2020 • theeconomiccollapseblog.com, by Michael Snyder

Many of the emergency economic measures that were put into place to support the American people financially throughout this pandemic are about to disappear, and that means that big trouble is on the horizon.

Trillions in Stimulus Go Unchecked With Watchdogs Kept Toothless

06-17-2020 • https://news.bloomberglaw.com, Laura Davison

The U.S. has spent more than half of $3 trillion in economic rescue funds passed by Congress -- with little of the oversight intended to ensure the money goes to the right places.

Peter Schiff Slams Powell's "Open Mouth Operations"

06-17-2020 • Zero Hedge - Tyler Durden via Schiff Gold

It was classic Fed "open mouth operations" as Powell tried to talk up the central bank's policies and assure everybody that everything is under control. But is it, really?

Federal Reserve's Desperate Act - Bill Holter

06-16-2020 • The Falling Darkness

Financial writer Bill Holter says the Fed cutting bank reserves to 0% for the first time in history is a "huge deal" and a red flag for what is coming.

Where Used Car Prices Are Crashing The Most In The US

06-15-2020 • Zero Hedge - Tyler Durden

Since the coronavirus pandemic began grinding the global economy to a halt, we have been keeping a close eye on the auto market. The auto market was mired in recession prior to the virus and therefore has been disproportionately affected by the slowd

This Thing Is Only Getting Started (All The "V"s Are Light On The Right)

06-15-2020 • Zero Hedge - Tyler Durden

The Federal Reserve's models really are the most optimistic of the bunch. With the policy meeting conducted today, no surprises as far as policies go, we now know what ferbus has to say about everything that's happened this year.

How Do Americans Rank in Healthcare, Income and Education Compared to the Rest of the World?

06-14-2020 • https://thecommonsenseshow.com, By Dave Hodges

How Do Americans Rank in Healthcare, Income and Education Compared to the Rest of the World?

"The Bill Is Coming Due" - Market Faces "Epic Battle Of Control" In Weeks Ahead

06-14-2020 • https://www.zerohedge.com, Tyler Durden

And then it happened. A vicious sell off seemingly out of the blue putting a sudden end to the steepest rally ever with many indices and individual stocks getting hammered seeing sizable declines just as Nasdaq was making new all time highs and $SPX

Are We Living In A Simulation That Is Replaying Itself?

06-13-2020 • https://www.youtube.com, WeAreChange

Are We Living In A Simulation That Is Replaying Itself?

As Businesses Flee The Violence, Will Major U.S. Cities Be Transformed Into Economic Wastelands?

06-12-2020 • https://thefallingdarkness.com, TFD

Urban communities all over the U.S. are now facing the possibility of a mass exodus of businesses, and many local leaders are freaking out because they realize what such a mass exodus will mean for their cities.

$2 Trillion In Debt In 2 Months!...Is It All About The Stock Market?

06-12-2020 • https://www.youtube.com, RonPaulLibertyReport

A failed financial system of central planning by The Federal Reserve is being clung to in America. It was wrong to ignore and replace the sound monetary system created by America's Founders and codified in the U.S. Constitution.

"Everything's Red" - Dow Futures Erase 800 Point Dead-Cat-Bounce

06-12-2020 • https://www.zerohedge.com, Tyler Durden

Well that escalated quickly... again!

Wall Street's Advice To Clients: "Take Advantage Of Retail Investors Relative Inexperience*

06-12-2020 • https://www.zerohedge.com, Tyler Durden

With war erupting between Wall Street's "legacy" professional investors (headed by, say, hedge funds and Warren Buffett) and retail daytraders (the army of Robinhooders whose self-appointed king is the trading community's celebrity du jour Dave "I am

Futures Soar In Sharp Rebound From Thursday's Massacre

06-12-2020 • Zero Hedge - Tyler Durden

Why are stocks surging? Because it appears that the lunatic have taken over the asylum again, with Hertz stock up over 50% after the company announced on Thursday it would try to sell bankrupt stock (to manic Robinhood daytraders), in order to fund i

"The Most Absurd Moment In The History Of Capital Markets": Hertz Plans To Sell Up To

06-12-2020 • Zero Hedge - Tyler Durden

...$1 Billion In New Bankrupt Stock

Morgan Stanley And Goldman Both Downgrade Tesla Citing China, Demand And Valuation

06-12-2020 • Zero Hedge - Tyler Durden

The $1,000 handle for Tesla may turn out to be short lived, as investment banks Morgan Stanley and Goldman Sachs have both downgraded the equity since yesterday's close.

Mnuchin Scrambles To Halt Stock Rout, Says Will "Pump"...

06-11-2020 • https://www.zerohedge.com, by Tyler Durden

Mnuchin Scrambles To Halt Stock Rout, Says Will "Pump" Another $1 Trillion Into Economy This Month

Third Of Renting Americans Worried About Next Payment As 'Recovery' Hopes Fade

06-11-2020 • https://www.zerohedge.com, by Tyler Durden

An alarming number of Americans are having trouble making rent payments amid a period of high unemployment and an unfolding depression across the U.S.