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Covid-19 Shatters the Facade of European Union

Covid-19 Shatters the Facade of European Union  The new coronavirus and its accompanying disease Covid-19 has stopped the globe in its tracks. Governments, markets and news cycles have become dominated by the pandemic. Europe is now the epicenter for the disease, with reportedly more fatal cases of infection than China where the virus first erupted in December. […]

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Damage Done To Market Signals End Of Buy The Dip Era

Damage Done To Market Signals End Of Buy The Dip Era The damage done to markets will act as a barrier to higher stock prices in the future. This should force investors to return to reality. We have crossed the tipping point with the destruction of small businesses by the government in the name of the […]

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“Rolling Natural Disaster” – COVID-19 Supply Chain Shock Could Trigger Global Depression

“Rolling Natural Disaster” – COVID-19 Supply Chain Shock Could Trigger Global Depression  Evidence of creaking global supply chains is fast emerging, at risk of triggering the next global depression amid the COVID-19 pandemic.  A supply chain crisis that began earlier this year, one that we warned from the very start, has now spread across Asia to the Middle […]

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Army Deploys To New York As NYC Reports 1 Coronavirus Death Per Hour On Friday: Live Updates

Army Deploys To New York As NYC Reports 1 Coronavirus Death Per Hour On Friday: Live Updates For nearly a week now, New York Gov. Andrew Cuomo has been begging the White House or the Pentagon to send in the Army Corp of Engineers to quickly transform existing businesses into coronavirus hospitals where patients from […]

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From Quarantine To Tyranny To Rebellion: Where Is The Line In The Sand?

From Quarantine To Tyranny To Rebellion: Where Is The Line In The Sand? America is in a haze right now. It seems like half the country is in denial of the danger while the other half is awaking from apathy and frantically trying to prepare. This is creating a fog of confusion as one side […]

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‘Vague’ Legislation Gives British Police Powers To Detain “Suspected COVID-19 Carriers”

‘Vague’ Legislation Gives British Police Powers To Detain “Suspected COVID-19 Carriers” The Covid-19 outbreak is on the verge of hurling the UK into a nationwide lockdown, or maybe at least London for starters. We warned on Monday that “the UK has missed the critical containment window to implement social distancing policies that would flatten the curve and […]

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As Iran Hits 20,000 Cases, US Says ‘Coronavirus Won’t Save You From Sanctions’

As Iran Hits 20,000 Cases, US Says ‘Coronavirus Won’t Save You From Sanctions’ Even amid a global pandemic that’s altering daily life as everyone knows it, and with borders shut, markets collapsing, and talk of mobilizing the military domestically, Secretary of State Mike Pompeo is keeping up the administration’s “maximum pressure” campaign on Iran.  “The […]

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“Unparalleled Challenge” – Inside America’s First Locked-Down Major City, “Everything’s Out Of Our Control”

“Unparalleled Challenge” – Inside America’s First Locked-Down Major City, “Everything’s Out Of Our Control” The number of confirmed COVID-19 cases in the US has more than doubled in the last several days. California Governor Gavin Newsom has issued a state-wide “stay at home” order amid the virus outbreak – the strongest and most restrictive measure passed by […]

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The Covid-19 Economic Crisis Will Change Everything: Short Term and Long Term Effects

The Covid-19 Economic Crisis Will Change Everything: Short Term and Long Term Effects Whether you think the global pandemic is “just the flu” or you realize it’s the real deal, one thing is difficult to debate – many Americans are already feeling the economic pain being caused by the outbreak and the measures taken to […]

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Chart Of The Week: New COVID-19 Cases Per Day

Chart Of The Week: New COVID-19 Cases Per Day You have probably seen this chart, or something similar, everywhere. It refers to the worldwide number of new COVID-19 cases per day. While there are no new reported cases in China, the coronavirus peak has certainly not been reached yet in the rest of the world. […]

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Cuomo Orders “100%” Of New Yorkers To Stay Home, Italy Confirms Another 600 Deaths As ‘Martial Law’ Declared: Live Updates

Cuomo Orders “100%” Of New Yorkers To Stay Home, Italy Confirms Another 600 Deaths As ‘Martial Law’ Declared: Live Updates Summary: Hong Kong reports largest daily jump in cases on record as travelers revive outbreak NY rolls out restrictive new measures NY case total tops 7k Italy says Army will help enforce lockdown, effectively declaring […]

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Hong Kong Reports Largest Surge In Infections Yet As Experts Warn ” We’re On The Edge Of All-Out War” With COVID-19: Live Updates

Hong Kong Reports Largest Surge In Infections Yet As Experts Warn ” We’re On The Edge Of All-Out War” With COVID-19: Live Updates When historians look back at this time, we suspect that California Gov. Gavin Newsom’s landmark decision to order more than 40 million Californians to remain at home on Thursday night will be […]

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Banks are going to drown in an ocean of defaults

Banks are going to drown in an ocean of defaults On November 6, 2000, then US presidential candidate George W. Bush told a crowd of cheering supporters, “they misunderestimated me.” Now, if English is not your native language, allow me to clear the air: ‘misunderestimate’ is not a word. But then again, George W. Bush […]

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Coronavirus Cases Near 200k After Record Jump In Confirmations As China, South Korea Report Sudden Resurgence: Live Updates

Coronavirus Cases Near 200k After Record Jump In Confirmations As China, South Korea Report Sudden Resurgence: Live Updates With US equity futures limit-down again overnight, the novel coronavirus outbreak is beginning to feel like ‘Groundhog Day’. And if the market’s performance isn’t enough to get readers doubting their own sanity, some of the novel coronavirus […]

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The Covid-19 Dominoes Fall: The World Is Insolvent

The Covid-19 Dominoes Fall: The World Is Insolvent Subtract their immense debts and they have negative net worth, and therefore the market value of their stock is zero. To understand why the financial dominoes toppled by the Covid-19 pandemic lead to global insolvency, let’s start with a household example. The point of this exercise is to […]

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