"They expect, the IMF expects, everybody expects, the worst economic hit since the Great Depression.""But I also think, if you've made a ton of money on trading, you really don't want to show massive profits right here," El-Erian said on "Squawk Box." "You don't want to say, 'Hey look I'm doing OK,'" while millions and millions of Americans just lost their jobs.Mohamed El-Erian is the Chief Econom...Read More
TOPICS IN THIS INTERVIEW:-Market movements from a trader with daily pulse on stocks-Fed balance sheet headed to $10 and then $20 trillion dollars-Inflation expectations with collapse in oil and downward pressure on houses-Gold should already be $2,500-End game is gold revaluation and debt clearing-Cryptocurrency commentaryBob's website: tradegeniusacademy.comRead More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Regarding the potential danger from a coronavirus vaccine, Paul discusses at the beginning of the interview how, in 1976 in his first week as a House member, Paul was one of only two membersContinue...Read More
It is very interesting that the death rate in Sweden is by no means excessive compared to any other Western country that has locked its citizens down. The only restrictions were on gatherings of Continue...Read More
"There is a decline in the number of infections even [in countries] without closures, and it is similar to the countries with closures," he wrote in his paper. Continue...Read More
"Intermittent distancing may be required into 2022 unless critical care capacity is increased substantially or a treatment or vaccine becomes available", the Harvard researchers said.Continue...Read More
The reading for April reading was a MINUS 78.2, the lowest in history. The worst reading registered during the Great Depression was -34.3!Continue...Read More
Ray Dalio, the billionaire founder of investment management firm Bridgewater Associates, talks with Bloomberg's Erik Schatzker on the "Bloomberg Invest Talks" webcast about the long-term economic implications of the coronavirus crisis and what can be expected moving forward.Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the world's largest he...Read More
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SBTV welcomes back David Morgan, Silver Guru and publisher of The Morgan Report, as we discuss how the record high in the gold silver ratio is no coincidence. Rather, it is forecasting the worst financial crisis ahead.Discussed in this interview:05:22 State of the global economy07:47 The Big Reset is here11:46 Financial system going through cold turkey as real economy slows14:38 Deflation, stagfla...Read More
By putting out questionable guidance and whitewashing the Chinese government's handling of the crisis, the WHO destroyed much of its credibility, damaged the field of public health, and failed to contain the pandemic.Full text and links: https://reason.com/video/how-china-co...Read More
As if the coronavirus hasn't caused enough damage, it also has investors feeling like they've been punched in the gut financially. Falling stock prices and interest rates have created a problem for both DB and DC pensions plans. The unfortunate thing about the coronavirus hitting at a time when most pensions are already underfunded, it almost certainly, will likely lead to more pension cuts as tro...Read More
Man, the more we learn about the honey badger virus (covid-19), the more we realize what a beast it truly is. Yesterday's video went into the damage the virus does to the lungs. It's also becoming clear covid-19 also injures the heart, kidneys, nervous & circulatory systems, intestines and liver. Again, you do NOT want to get this if you can avoid it. We are also seeing that it's a hard foe to def...Read More
According to the Epoch Times, the locals are now saying that only travel for work has been approved by the government, contrary to the big show of a mass exodus of happy travelers last week.Continue...Read More
With airlines having a history of using billions of dollars in government bailouts to buy back stock, should airlines be receiving another bailout amid Covid-19? Most say no. To explain the complexities of this latest bailout, Rick Sanchez is joined by expert investor George Gammon.George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube...Read More
"The bare store shelves that you may see in some cities in the country are a demand issue and not a supply issue," Perdue said Wednesday. "It has taken us a few days" for food companies to address a "misalignment"Continue...Read More
Topics:Markets rallied yesterday and surrendered it all back today.Financials did not participate in yesterday's rally, signaling trouble ahead.Banks getting backdoor bailouts.Lenders clamping down on mortgages as housing market prepares to collapse.Donald Trump buys votes with voters' money.2020 Election comes down to a Democrat vs. a Democrat.Peter Schiff is an internationally recognized economi...Read More
conversation, Anthony and Mark discuss the current economic and health crises, the subsequent monetary policy decisions, how various asset classes will perform, what small businesses are doing to survive, whether corporations should receive bailouts, what privacy concerns people should be aware of, what will happen in the NBA, and what Mark's plan for the United States would be as President. Mark...Read More
The raging pandemic has served one high and worthy purpose:It has made obvious - to all with open eyes - that the stock market is a crook's game, a vast swindle.Continue...Read More