There's a huge gap between asset valuations and the economy. Just look to the Fed. Many times we were assured there would never be debt monetization. Now, they're not just buying corporate debt but also buying junk bonds as well. The Fed is actually making loans directly to businesses and passing out stimulus to anyone with a pulse. The Fed has truly gone rogue. And yet, inflation stays down. Q2 i...Read More
Mohamed El-Erian on the markets: There's a 'tug-of-war' between fundamentals and policy hopes.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harv...Read More
Mike was recently alerted to an excellent website by a friend: wtfhappenedin1971.com It is a simple site, that presents chart after chart showing the impact of a decision made by the Nixon administration in 1971. It was a decision that is probably the biggest event in the history of the United States - yet it is never mentioned in schools, history books, or economic forums. So, WTF happened in 197...Read More
"We're mobilizing our military and other forces but we're mobilizing our military on the basis that we do have a vaccine. You know, it's a massive job to give this vaccine. Our military is now being mobilized soContinue...Read More
Mark Cuban, Dallas Mavericks Owner, joins "Closing Bell" to discuss the state of the markets/economy and when the NBA might resume play.Mark Cuban is an American business magnate, investor and philanthropist. He is the owner of the National Basketball Association's Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and the chairman of the HDTV cable network AXS TV. He is also a "shark" in...Read More
The era of waste, fraud and living on borrowed money is dying, and those who've known no other way of living are mourning its passing.Continue...Read More
The most bullish scenario involves these markets reaching significant multi-year resistance levels: Gold $1900, Silver $18 or $18.50, and GDXJ $48.60. From there, we could finally experience a real correction.Continue...Read More
"I'm determined that America will be fully prepared for any of the future outbreaks, of which we hope there's going to be none," Trump said during remarks after his tour.Continue...Read More
The worker's death comes at a time that Amazon is facing growing pressure to disclose the actualy number of workers who have tested positive or died from the virus. Continue...Read More
Rick Sanchez discusses the looming US-China cold war and how the worldwide COVID-19 pandemic has exacerbated tensions between the two superpowers even further. He examines US history and Washington's penchant for "cold wars" going back to 1898. Then former USTR official Steve Gill, former UK MP George Galloway and former Pentagon official Michael Maloof share their expertise. The COVID-19 pandemic...Read More
WHO says there is no evidence that mouthwash prevents coronavirus infection, a contrarian sign that perhaps mouthwash DOES in fact prevent coronavirus infection. Continue...Read More
Scientists injected human stem cells into mouse embryos and let them develop. One of the resulting embryos had 4% human cells after 17 days of additional maturity.Continue...Read More
The Parkland, Florida, police officer who sheltered behind his car while nearly 20 students were shot and killed will be re-instated to his job, his union announced on Thursday. Continue...Read More
Rising concern of virus spread as Wuhan rolls out its mass testing. Videos show worrisome scenes at test sites."China in Focus" is a new Youtube channel created by NTD to provide viewers with fast, compelling, first-hand news from China."NTD is a New York-based global news and entertainment media company founded in 2001. We believe the integrity of our world hinges on the accurate and truthful spr...Read More
In "freedom and democracy" America there is only official truth, and it is a lie. A person or website that speaks real truth is shunted aside as a "conspiracy theorist," "Russian agent," "racist,"Continue...Read More
On this week's episode of System Update, Glenn Greenwald does an in-depth exploration of the prosecution of former National Security Advisor Michael Flynn, untangling the corrupt practices the agencies involved in the Russiagate investigation, and providing a clear overview of why this prosecution should concern everyone - even those whose sympathies don't lie with Flynn.Glenn Greenwald is one of...Read More
Pathology results studying those who have died of covid-19 are starting to unveil some of the virus' secrets. First, the damage done to the lungs is far worse than that done anywhere else in the body. And specifically, it's excessive clotting in the lungs that appears to be the root cause. Covid-19 causes a coagulation storm that greatly impairs the lungs' ability to exchange oxygen. An indicator...Read More
"We have become what we hate the most."Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma,...Read More
Lynette interviews Lior and gets his millennial view of the beginning of a crisis.Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly...Read More
"This would have been totally inconceivable as recently as twenty years ago."Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of Worl...Read More