Michael Cohen Gets Early Prison Release Due To COVID-19 Former Trump attorney Michael Cohen can drop the soap in peace, after the federal Bureau of Prisons ruled that he can spend the remainder of his three-year sentence at home due to concerns over COVID-19 spreading in prisons, his lawyer said Thursday night. The 53-year-old Cohen […]
Irony Defined – Adam Schiff Blasts Grenell For ‘Politicizing The Intelligence Community’ Authored by Sara Carter via SaraACarter.com, House Intelligence Committee Chairman Adam Schiff accused acting Director of National Intelligence Richard Grenell last week of ‘undermining critical intelligence functions’ but nothing could be further from the truth. Why? Because Grenell is restructuring an agency that should have […]
The Market Is Now Just 5 Stocks: S&P Now More Concentrated In Top 5 Names Then Ever Yesterday, when we showed that the Nasdaq had turned green for the year as FANG stocks hit a new all time high… … even as small cap stocks were down 30% in 2020, we showed that the ratio […]
We’re Not Going Back To ‘Normal’… Authored by Michael Muharrey via SchiffGold.com, Turn the key and the economy will restart. That’s a myth a lot of people in the mainstream have peddled since governments started shutting down the economy in response to the coronavirus pandemic. That’s not going to happen. We’re not going back to […]
Twitter Outlaws Political Satire, Civil Disobedience With Fresh Bans Of Conservative Influencers Twitter has taken it upon themselves to remove two prominent voices from the public square, once again. The first victim of Twitter’s ban hammer was Infowars host Owen Shroyer – who was encouraging followers to gather in person at the Texas state Capitol […]
COVID-19 Is A Man-Made Virus: HIV-Discoverer Says “Could Only Have Been Created In A Lab” As the mainstream media and politicians begin to raise/admit the possibilities that the source of COVID-19 was likely a lab in Wuhan (accidentally leaked or otherwise) – something we first brought to the world’s attention in January before being mocked, […]
‘Secret’ National Guard Unit Ready To Enforce ‘Martial Law’ In Washington DC Ever since governors started calling up national guard units last month, the Pentagon has insisted that the soldiers remain firmly under the command of the governors that called them up, and that the Pentagon isn’t using the troops to plan for any federal […]
Story Time 1929-1936 Submitted by Nicholas Colas of DataTrek Research We’ll cover some upbeat earnings reports from GM, Firestone, AT&T and Texaco. The hook: they are from 1929 – 1936. Yes, every company here was profitable in the Great Depression; they cut their workforces until they could earn their dividend (basically the cost of capital […]
Futures Soar On Reopening, Corona Cure Optimism; Ignore Mountains Of Bad News Even though the Gilead “miracle drug” report was refuted by the company itself, which slammed the market-moving Statnews article (sourced reportedly from hedge funds who were seeking to take profit in GILD) as “anecdotal reports with no statistical power”, and even though Trump’s […]
European Car Sales Crash Most On Record In March With lockdowns enforced across much of Europe in March, sheltering at home was on everyone’s agenda, and not purchasing a new vehicle (although one wouldn’t know it by looking at TSLA stock). The latest data from the European Auto Industry Association (ACEA) confirmed this after showing […]
Wuhan Coronavirus Death Toll Revised 50% Higher, Chicago Remdesivir Trial Revives Hopes For ‘Miracle Drug’: Live Updates Shortly after 11pmET Thursday night, a headline came trundling across the wire that caught our eye: Health authorities in Wuhan raised the official death toll from the city’s coronavirus outbreak by 50%, equivalent to 1,290 patients, to a […]
Over Half The World Has Asked IMF For Bailout To Weather “Great Lockdown” Recession The International Monetary Fund revealed this week that half the world’s countries have requested emergency loans to weather the global coronavirus-fueled financial crisis. IMF Managing Director Kristalina Georgieva told a meeting of G20 finance ministers and central bank governors on Wednesday that over […]
CBC Instructs Kids On How To Shut Down Their Parents’ “Conspiracy Theories” Authored by Paul Joseph Watson via Summit News, A CBC News report gives kids advice on how to shut down “conspiracy theories” voiced by their parents about coronavirus being created by China in a lab. Because apparently that’s the media’s job now. The […]
USDA Wants To Purchase Farm Products To Support Food Banks Coronavirus shutdowns have completely disrupted food supply chains from restaurants to supermarkets to distributors to processors, all the way down to farmers. Why is this? Well, America is under government-enforced lockdowns to flatten the pandemic curve, is preventing consumers from eating at restaurants and bars, which has […]
“Unprecedented Disruption” To Supply Chains Slams US Port Volumes Authored by Kim Link-Wills, originally posted in FreightWaves Not surprisingly the coronavirus pandemic delivered a heavy hit to U.S. port volumes in March. The unknown is how long the container drought will continue. Northwest Seaport Alliance (NWSA) Chief Executive Officer John Wolfe said during a press […]
Russian Jet Buzzes US Navy Plane In High-Speed ‘Inverted Maneuver’ Over Mediterranean The Pentagon has blasted the Russian military for a dangerous incident Wednesday over the Mediterranean Sea which the US says nearly led to a midair collision. The near disaster began when a Russian fighter jet intercepted an American P-8A Poseidon reconnaissance aircraft, which is typically […]
COVID-19 & The Collapse Of Cash Authored by Steven Guinness, In my last article I referred to how since fears of Covid-19 in the UK took root in March, cash usage has fallen dramatically. Whilst the drop off has been substantial, the trend of cash payments being in decline is long established. Based on early evidence, the […]
WHO Advises EU To Restrict Alcohol Sales During Lockdown The World Health Organization (WHO) published a statement Tuesday that read European governments should restrict the sales of alcohol to citizens as nationwide lockdowns continue. The statement read, “during the COVID-19 pandemic, alcohol consumption can exacerbate health vulnerability, risk-taking behaviors, mental health issues, and violence.” The WHO’s European […]
The EU Has Failed Europe Over Coronavirus Authored by Con Coughlin via The Gatestone Institute, The deepening divisions among European nations over their response to the coronavirus pandemic has highlighted the inability of the European Union to provide strong and effective leadership in times of crisis. Faced with arguably the greatest challenge Europe has faced […]
Iraq Warns That ISIS Now Using Coronavirus Crisis To Reestablish ‘Virtual Caliphate’ Via AlmasdarNews.com, The Digital Media Center in Iraq revealed an increase in the number of accounts belonging to the so-called “Islamic State” (ISIS/ISIL/IS/Daesh) and their supporters on social media platforms, especially Facebook. The center said in a press release that “this return came during […]
No, We Are Not “All In This Together”… Authored by Brandon Smith via Alt-Market.com, A common phrase I have heard lately all around the internet as well as all around the area I live whenever the pandemic situation is broached is that “We are all in this together, and WE will get through this together….” […]
Ford Tests Buzzing Wristbands To Keep Workers Six Feet Apart Ford Motor Co. is now piloting new wearable social-distancing wristbands for its workers once its factories reopen, reports Bloomberg. A group of workers at a factory in Plymouth, Michigan, are currently testing the wristbands that vibrate when someone on the assembly line comes within six feet […]
Quantifying The COVID-19 Shock On The Job Market: Where Jobs Are Growing And Where They Are Gone Submitted by Priceonomics, The coronavirus outbreak has been an unprecedented shock to the hourly job market. The past few weeks have seen huge changes in who’s hiring. Snagajob is the largest site for hourly jobs. Its employers include […]
For The First Time Ever, The Fed Will Monetize Double The Total Treasury Issuance While daytraders look transfixed at a stock market which continues to surge higher even as the US has lost around 22 million jobs in the past month alone, something far more nefarious is taking place behind the scenes: the Fed is […]
The History Of Hydroxychloroquine In India Via Great Game India, As most of us are already aware, Hydroxychloroquine has already taken the world by storm as a treatment against COVID-19. Every newspaper is talking about it, and all countries are requesting India to supply it. Now, a curious person might wonder why and how this […]
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