Nasdaq, Dow, S&P Futures Surge Limit-Up, Erasing Trump Presser Melt-down Another overnight session that reverses trend entirely from the day session… and another limit-up futures halt… Nasdaq futures are limit-up… once again… S&P futures are limit-up… And for context, Dow futures (are limit-up) have erased the late-day melt-down during Trump’s presser, up almost 1000 off […]
Oregon Police: ‘Don’t Call 911 Just Because You Ran Out Of Toilet Paper’ In an almost hard to believe story which proves people are taking the “shit hit the fan” description of the current state of things way too literally, an Oregon police department had to warn people in a public announcement against calling 911 […]
Is The Bottom Finally In: Bridgewater Puts On $14 Billion Short 2020 has been a bizarre year: not only did stocks finally crash after the longest and most artificial “bull market” in history, sending an entire generation of clueless traders who had never seen more than a 10% correction puking into their toilet paper-free bathrooms […]
The World Must Not Forget The Fight For The Saudi Crown Amid Virus Panic Authored by Patrick Cockburn via The Independent, The fear caused by the coronavirus outbreak is greater than that provoked by a serious war because everybody is in the front line and everybody knows that they are a potential casualty. The best parallel is […]
US Food Industry Scrambles To Resupply Stores Amid Apocalyptic Surge In Demand As coronavirus spreads throughout the United States, millions of panicked Americans have been hoarding everything from canned food to absurd amounts of toilet paper. Images of empty store shelves are compounding the situation, as worries over shortages amid a potential quarantine have added […]
Why The Covid-19 Rescue Plan Should Be Vehemently Opposed Authored by Bruce Wilds via Advancing Time blog, More than a few reasons exist to vehemently oppose the federal covid-19 economic rescue package. This is the hastily drawn up package, which Trump said he fully supports and is rapidly working its way through Washington on its way to […]
Drunks Make One “Last Call” To Bars Before ‘Inevitable’ Nationwide Lockdown While many townships and cities were in the process of limiting hours for their restaurants and bars, there was a small collective of people out trying to get their last hours of socializing in before what feels like an inevitable nationwide lockdown. While some […]
Why Saudi Arabia’s Oil Price War Is Doomed To Fail Authored by Andrew Critchlow via S&P Global Platts, Oil price wars rarely achieve their objectives. Saudi Arabia and Russia racing to out-pump each other is unlikely to be any different. Instead of declaring a victory in seizing market share back from their common rivals in […]
Toilet Paper Is The People’s Vaccine Authored by Edward Curtin via Off-Guardian.org, The coronavirus panic has resulted in hordes of people running after toilet paper. Such actions are the flip side of running with the bulls, except that I suspect those who run with the bulls have some sense of why they do it. I […]
Boeing, Which Repurchased Over $100BN In Stock, Is Downgraded To BBB, Seeks “Short-Term” Bailout Just hours after S&P took the machete to Exxon’s long standing AA+ credit rating, moments ago the rating agency went after the company which until just a few weeks ago seems invincible, and whose stock prices has crashed from $350 to […]
- Mar 11th 2023 7:09pm EST
- Apr 7th 2023 6:01pm EDT
