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If You Feel Like Something Really, Really Bad Is About To Happen, You Are Definitely Not Alone

If You Feel Like Something Really, Really Bad Is About To Happen, You Are Definitely Not Alone

If this is “the recovery”, what are things going to look like once economic conditions start to deteriorate again?  As you will see below, more than half of all households in some of our largest cities “are facing serious financial problems”, and Americans continue to file for unemployment benefits at a rate that the United States had never seen before prior to 2020.  When 695,000 workers filed for unemployment benefits during a single week in 1982, it established a record which stood for nearly 38 years.  But now we have been way above that old record for 25 weeks in a row.  On Thursday, we learned that another 884,000 Americans filed new claims for unemployment benefits last week…

Weekly jobless claims were worse than expected last week amid a plodding climb for the U.S. labor market from the damage inflicted by the coronavirus pandemic.

The Labor Department on Thursday reported 884,000 first-time filings for unemployment insurance, compared with 850,000 expected by economists surveyed by Dow Jones. The total was unchanged from the previous week.

Of course it is always important to look at the non-adjusted numbers, and according to those numbers we actually saw an increase over the previous week

The Labor Department changed its methodology in how it seasonally adjusts the numbers, so the past two weeks’ totals are not directly comparable to the reports from earlier in the pandemic. Claims not adjusted for seasonal factors totaled 857,148, an increase of 20,140 from the previous week.

This is the second week in a row that the non-seasonally adjusted initial claims have risen.

That definitely wasn’t supposed to happen.

We are supposedly in a “recovery” right now, and things are supposed to be getting better.

…click on the above link to read the rest of the article…

Stock Market Crash 2020: Welcome To The End Game

Stock Market Crash 2020: Welcome To The End Game

Red Graph moving down on chart as recession or financial crisis 3d animation
GETTY

If this chart doesn’t make you think the crash is coming soon, then probably nothing will:

The Nasdaq is going vertical
The Nasdaq is going vertical CREDIT: ADVFN

The Nasdaq is on its final run and is going vertical, a classic end of bubble move. This is trader heaven and turns into speculator hell for those who think that markets do grow to the skies. It could go up a long way in price but it won’t go for long in time. It could last to Christmas, it could fold tomorrow, but my feeling is that unless this bubble is cut down by the Fed, the final move will be large and quick.

You can refer to the dotcom crash for the general shape of what looks possible next.

The attempts by the government to pump up the economy with new money is resulting in it going straight into equities and straight into the tip of the equity spear, the giant high beta story stocks. This is a malfunction of the QE mechanism that supports asset prices and slowly trickles the benefits of this support down the pyramid of wealth. Now the game is up because the new money is going straight into this bubble of financial assets that are spiralling up out of control.

If we now get a Nasdaq bull vertical that is the end of the chapter of the process, it will be followed by a devastating crash as everyone dashes to the exit in a blaze of wealth destruction.

The Federal Reserve needs to get a lid on this fast and it appears to be trying to by tapering its balance sheet, but the bubble is still fizzing and if it does not stop soon it will do what bubbles generally do, erupt then collapse. The final eruption before collapse looks to be underway and we should only hope it doesn’t happen.

…click on the above link to read the rest of the article…

2020 Is The Year The Unseen Becomes Seen

2020 Is The Year The Unseen Becomes Seen

2020 is the year of Julian Assange’s extradition trials, the Kafkaesque proceedings by which the US government is attempting to imprison the WikiLeaks founder for the rest of his life as punishment for exposing US war crimes. Assange started an innovative leak publishing outlet on the premise that corrupt power can be fought with truth, and corrupt power responded by silencing and jailing him. They’ve proved him right about everything, right in front of everyone.

2020 is the year people began protesting police brutality, and police responded with ferocious and widespread acts of brutality. The massive deluge of video footage from these brutal police responses went viral all over the world. The argument about police brutality culture in the US police state was won clearly and decisively, right in front of everyone.

2020 is the year the most powerful government on earth responded to a pandemic virus with the largest upward transfer of wealth in history, leaving massive global corporations with record-high stocks while killing small businesses and throwing the rank-and-file public to the wolves after handing some of them a paltry $1200, all while failing spectacularly to address the threat of the virus itself. This financial abuse is happening right out in the open, right in front of everyone.

2020 is the year this same government’s electoral process is being exposed in front of everyone for the sham it has always been, as two corrupt racist right-wing warmongering dementia patients who’ve both been accused of rape are placed head-to-head in what will inevitably be the single dumbest presidential race in the nation’s history. Neither of these two men are capable of forming a coherent sentence, and their presidential debates will make them a laughing stock of the whole world, right in front of everybody.

…click on the above link to read the rest of the article…

Why Every Person In America Needs To Become A Prepper During The Second Half Of 2020

Why Every Person In America Needs To Become A Prepper During The Second Half Of 2020

It has been on my heart to write this article for a few days, but I knew that it wouldn’t be easy to write.  2020 has already been one of the worst years in modern U.S. history, and it looks like the next six months are going to be extremely challenging as well.  But even though most Americans are expecting that things will return to “normal” in 2021 and beyond, the truth is that the “perfect storm” that we are witnessing is only in the very early stages.  All of the old cycles are ending, all of the bubbles are bursting, and we are starting to experience the consequences of decades of incredibly foolish decisions.  So even though the remaining months of 2020 will be chaotic, the truth is that things are going to get progressively worse as the years move along.  That means that you should use this period of time to prepare for what is ahead of us, because at some point the window of opportunity to prepare will be closed for good.

COVID-19 should have been a wake up call for all of us.  Lockdowns were implemented very suddenly once the virus started to spread in the U.S., and shortages of key items began to happen.  To this day, many retailers are still limiting the number of items that you can buy in certain categories.  Hopefully this has helped people to understand that if you have not stocked up in advance, you may not be able to go out and get what you need when a major crisis strikes.

…click on the above link to read the rest of the article…

New Reading of Mayan Calendar Suggests That the End of the World is This Weekend

New Reading of Mayan Calendar Suggests That the End of the World is This Weekend

As if 2020 wasn’t bad enough, now we have crackpot scientists spinning doomsday-themed hoaxes, superstitions and tall tales.

(TMU) – 2020 has really been one hell of a year. Not only have we seen a global pandemic that’s showing little signs of losing steam, but we’ve also seen social unrest, people’s livelihoods vanish into thin air, a tanking economy, plagues of locusts, volcanic eruptions, hurricanes, and massive firestorms.

If you think that we might be heading fast toward Armageddon, who can blame you?

But according to some conspiracy theorists on Twitter, the Mayan prophecy about a cataclysmic end of the world that supposedly would bring the world to a crashing halt on Dec. 21, 2012, was actually misinterpreted – instead, the calendar theorizers suggest, the Mayan doomsday will supposedly happen this week or next.

In a series of tweets last week that has since been deleted, scientist Paolo Tagaloguin wrote:

“Following the Julian Calendar, we are technically in 2012. The number of days lost in a year due to the shift into Gregorian Calendar is 11 days. For 268 years using the Gregorian Calendar (1752-2020) times 11 days = 2,948 days. 2,948 days / 365 days (per year) = 8 years.”


JL Bookings@jlbookings · Replying to @jlbookings

In a since deleted tweet, scientist Paolo Tagaloguin reportedly said: “Following the Julian Calendar, we are technically in 2012.

“The number of days lost in a year due to the shift into Gregorian Calendar is 11 days.


JL Bookings@jlbookings

“For 268 years using the Gregorian Calendar (1752-2020) times 11 days = 2,948 days. 2,948 days / 365 days (per year) = 8 years”.

Following this theory, June 21, 2020 would actually be December 21, 2012, a date you may recognize.


…click on the above link to read the rest of the article…

The Crash Of 2020 Is Now Worse Than The Great Depression

The Crash Of 2020 Is Now Worse Than The Great Depression

Back in December, someone in China made bat soup (at least according to the officially accepted narrative that doesn’t get you banned on Facebook, Twitter, etc), and the rest is history: in the next three months, the global equity market has lost $24 trillion in value, more than the $22 trillion in US GDP. And here is a staggering chart from BofA putting the crash of 2020 in its historic context: in the past month, the US stock market has crashed faster than both the Great Depression and Black Monday, and in terms of the total drawdown, the crash of 2020 is now worse than 1929 and is fast approaching 1987.

Below, courtesy of BofA CIO Michael Hartnett, are several other stunning observations on the Crash of 2020:

  • Calls for Fed corporate bond buying, New Deal fiscal policies, new Plaza Accord to stabilize US$, closure of stock exchange coincide with week of Wall St devastation.
  • Peak-to-trough crash in global equity market cap = $24tn (c/o US GDP = $22tn).
  • Monday’s 12.0% drop Dow Jones = 3rd largest crash all-time (c/o -20.5% Oct 19th 1987, -12.9% Oct 28th 1929 – Chart 2).
  • Liquidation of “safe havens” e.g. gold & US Treasuries (TLT ETF sank 20% after oil shock); epic US$ surge reflects funding pressure of excess US$-denominated debt & zero liquidity.
  • Leverage in bond & stocks savaged (see REM, PFF, EMB, homebuilders like TOL – Chart 3); bond yields rise + bank stocks fall = classic sign of deflationary bear market.
  • Feral Wall St means vicious bear market rallies…WTI oil surged 24% today.
  • Stock exchange has closed just 4 occasions: 1914 & WW1, 1933 bank holiday, 1963 Kennedy assassination, 2001 9/11.
  • Global “lockdown” on movement people, goods, services unprecedented but note June 1930 passage of protectionist Smoot-Hawley bill saw US stocks -16.5% in one month.

And some additional views:

…click on the above link to read the rest of the article…

2020 Crash

2020 Crash

Complacency came before the fall. All of 2019 market participants ignored the non existent earnings growth. Too strong was the now pavlovian reflex to chase easy central bank money. Too trusting in central banks to again produce a reflation scenario that would make all the troubles go away.

Everything was ignored and markets and stocks were relentless chased higher into some of the highest market valuations ever. Even the coronavirus was ignored. A dip to buy in January they said. AAPL warning? Let’s ignore it and buy AAPL to new all time highs again.

Nothing mattered until it did.

Then markets crashed last week. Perhaps not in percentage terms, but in terms of vertical velocity to the downside it was unmatched in history. The fastest 15% correction off of all time highs ever and by far.

Worse, months of buyers of stocks and markets at high valuations suddenly found themselves trapped as the bottom fell out inside of a few days:

$NYSE, the broader index dropping below the January 2018 highs and closing below the summer 2019 lows now showing an index that has gone nowhere in 2 years and the recent highs being a complete mirage.

The big message: It was not different this time. Bears were right. Full stop.

$DJIA fell all the way to the June 2019 low taking out 9 months of buying:

Don’t anybody tell me everybody sold the top. No, lots of buyers are trapped at much higher prices and are now again dependent on central banks coming to the rescue.

…click on the above link to read the rest of the article…

1937

1937

We’ve talked about the year 2000 comparison (Party like it’s 1999). In 2020 markets went onto a similar structural tear just having rammed relentlessly higher. In 2000 markets famously topped in March following the Fed’s Y2K inspired liquidity injections in 1999 as markets had vastly disconnected from fundamental reality. Now that the truth is out we also know that markets are now vastly disconnected from fundamentals.

And the 2000 comparisons still hold water on a number of measures, price to sales, price to ebitda, market cap to GDP and of course relative weightings in favor of the few as the rally continues to narrow.

The top 2 stocks now have gone complete vertical especially as it relates to their weighting in the S&P:

This chart from Carter Worth on Fast Money last night and even he pointed out how in the lead up to the 2000 top there was some back and forth, but not here, just completely uninterrupted vertical.

One of the 2 stocks being Microsoft, a stock that now has nearly doubled since 2019 with a market cap expansion of over $700 billion for a total market cap of over $1.4 trillion. Historic.

And add the top 4 and their market caps you get this same vertical picture:

Everything screams reversion and correction, but nothing. The market just keeps going up and they keep buying the big cap tech stocks. Risk free. Or so it seems.

And given the large weightings of these few stocks $NDX just keeps ramping up vertically as well, also far outside the monthly Bollinger band:

…click on the above link to read the rest of the article…

Will Coronavirus Be the Black Swan that Pops the Bubble of Everything in 2020?

Will Coronavirus Be the Black Swan that Pops the Bubble of Everything in 2020?

Will coronavirus be the Black Swan that brings down the global economy in 2020? In my article, “The Things We Believe That are Untrue”, I discussed how governments worldwide have been hiding recessionary numbers from global citizens since 2008.  Consequently, with the world economy already so weak, if coronavirus causes substantially slower economic growth rates, it could serve as the pin that finally pops the unsustainable Bubble of Everything. 

So what is the coronavirus, and is the media concern surrounding it justified? A coronavirus is a type of normally mild virus that causes non-lethal respiratory viruses, but sometimes can be lethal, as has been the case with the coronavirus that originated in Wuhan, China. The particular trait that makes coronavirus especially sinister, however, is that, unlike its previous siblings of SARS and MERS, the Wuhan coronavirus is contagious during its asymptomatic incubation period of one to fourteen days, and therefore, can be transmitted from carriers that appear to be healthy although they already have been infected. Consequently, because its method of transmission is so stealth, it is truly difficult to assess how many people have been infected, even though media reports put the number at 2,000 to 4,000 with 100 dead thus far.

Since the transmission rate has been estimated at 2.5 people for every infected person, and the asymptomatic incubation period is up to two weeks, with 2,000 to 4,000 symptomatic people reported, realistically, tens of thousands, or even hundreds of thousands of people could potentially be already infected, depending upon the rate of transmission from infected to non-infected. Furthermore, with many Chinese traveling outside of China for the long Lunar New Year holiday, there really is no way to estimate, at the current time, how many others outside of China have been infected with the Wuhan coronavirus.

…click on the above link to read the rest of the article…

2020 Will Be A Crucial Year For Oil

2020 Will Be A Crucial Year For Oil

Oil

It’s the start of a new year and a new decade, and the oil market is as unpredictable as ever.

Will OPEC+ extend its cuts? Will U.S. shale finally grind to a halt? Is this the “year of the electric vehicle”? Here are 10 stories to watch in 2020.

Shale debt, shale slowdown. The debt-fueled shale drilling boom is facing a reckoning. Around 200 North American oil and gas companies have declared bankruptcy since 2015, but the mountain of debt taken out a few years ago is finally coming due. Roughly $41 billion in debt matures in 2020, which ensures more bankruptcies will be announced this year. The wave of debt may also force the industry to slam on the breaks as companies scramble to come up with cash to pay off creditors.

Year of the EV. Some analysts say that 2020 will be the “year of the EV” because of the dozens of new EV models set to hit the market. In Europe, available EV models will rise from 100 to 175. The pace of sales slowed at the end of last year, but the entire global auto market contracted. EVs may struggle to keep the pace of growth going, but EVs are capturing a growing portion of a shrinking pie.

Climate change. 2020 starts off with hellish images from the out-of-control Australian bushfires. 2019 was one of the warmest years on record and the 2010s was the warmest decade on record. As temperatures rise and disasters multiply, pressure will continue to mount on the oil and gas industry. As Bloomberg Opinion points out, climate change has surged as a point of concern for publicly-listed companies. Oil executives are betting against climate action, but they are surely aware of the rising investment risk. In the past two months, the European Investment Bank is ending financing for oil, gas and coal, and Goldman Sachs cut out financing for coal and Arctic oil. More announcements like this are inevitable.

…click on the above link to read the rest of the article…

2020 Just Began, And Weird Things Are Already Starting To Happen All Over The World

2020 Just Began, And Weird Things Are Already Starting To Happen All Over The World

Many of us are expecting 2020 to be a very unusual year, and it certainly didn’t take long for the weirdness to start. In this article I am going to share several examples of this weirdness with you, and I have a feeling that this is just the beginning of what we are going to experience over the next 12 months. We live at a time when the pace of change has reached at an exponential rate, and our society is literally coming apart at the seams all around us. That makes this a perfect environment for weird stuff to happen, and that means that I will have no shortage of things to write about in the coming days.

I would like to start off by discussing the really bizarre phenomenon that is happening in the skies over Colorado and Nebraska right now. According to the New York Times, hordes of sophisticated drones have been “flying in precise formations” over those two states at night and nobody knows where they are from…

They come in the night: Drones — lots of them — flying in precise formations over the Colorado and Nebraska prairie.

Why are they there? Unclear.

“It’s creepy,” said Missy Blackman, who saw three drones hovering over her farm outside Palisade, Neb., on a recent evening, including one that lingered right above her house. “I have a lot of questions of why and what are they, and nobody seems to have any answers.”

One or two unidentified drones is not a big deal, but we are talking about hundreds and potentially even thousands of drones that are operating in coordination with one another, and nobody has any idea who owns them.

…click on the above link to read the rest of the article…

It’s official: the collapse of the mainstream media’s credibility is now complete

It’s official: the collapse of the mainstream media’s credibility is now complete

Image: It’s official: the collapse of the mainstream media’s credibility is now complete

(Natural News) Attorney General William Barr held a press conference this morning to address the contents of the Mueller report, just as he promised to do. Not long after, Barr delivered the full Mueller report to the public with necessary redactions, also as promised. And yet the mainstream media, which demanded all of these things and has now received them, still isn’t happy.

In fact, most fake news media pundits are now foaming at the mouth, questioning Barr’s loyalties and accusing him of colluding with President Donald Trump to convey the “spun” message that he’s innocent – which it would seem as though no amount of evidence will ever convince those with Trump Derangement Syndrome (TDS) is actually true.

In a nutshell, Special Counsel Robert Mueller, whom Leftist Democrats have been hailing for the past two years as their savior and hero who was going to take down Trump, didn’t end up procuring what these Trump haters were wishfully thinking he would. And in response, Trump haters everywhere are reeling with more anger than ever, demanding that Mueller be burned at the stake for failing to prove their deranged conspiracy theories.

CNN White House Correspondent Jim Acosta about had a coronary in response to Barr’s press conference, accusing Barr of “clearly laying out a sympathetic presentation” of what’s supposedly in the Mueller report. Twenty-twenty presidential hopeful and Leftist Democrat Cory Booker similarly accused Barr of “undermining the independence of this entire process” for his speaking publicly about the Mueller report prior to releasing it.

 …click on the above link to read the rest of the article…

Horrifying predictions for 2019 – 2020 revealed in this six-minute video

Image: Horrifying predictions for 2019 – 2020 revealed in this six-minute video

(Natural News) “You are living through the final chapter of modern human civilization,” I explain in the opening of a new, six-minute video that lays out predictions for 2019 – 2020.

“A catastrophic global collapse is coming, and you’re seeing society rip itself apart.”

The video covers the shocking state of present-day reality, including the truth about the CIA-run fake news media, how modern medicine has become a death sentence, how Leftists celebrate the mass murder of unborn babies, how language has been obliterated by progressives, how logic and reason have been destroyed, and much more.

If you want to know where things are really headed in 2019 – 2020, watch this short video for some stunning — but honest — analysis.

Watch the full video at Brighteon.com, the free speech alternative to YouTube:

Brighteon.com/5988969475001

See more daily coverage of the accelerating collapse at Collapse.news.

Peak Carbon Emissions By 2020, or Else!

Peak Carbon Emissions By 2020, or Else!

Photo Source David Burke | CC BY 2.0

World greenhouse gas emissions must peak by 2020, or it’s lights out!

That’s the message from the IPCC (Intergovernmental Panel on Climate Change), which has come out from under the shadows of Paris 2015 swinging like a heavyweight champion boxer, and in fact they’ve taken the gloves off in preparation for bare-knuckled fisticuffs.

The world’s leading scientists met at the Forty-Eighth Session of the IPCC and First Joint Session of Working Groups I, II, and III, 1-5 October 2018 in Incheon, Republic of Korea and openly declared that civilization is on track for collapse because of reckless use of fossil fuels, unless the beast is corralled, meaning start reacting now, no more waiting around!

Peak emissions must be achieved by 2020, a slap in the face wakeup call issued by the gathering of scientists in South Korea, They intend to change the course of history, or so they claim. Along those lines, 1.5C is an absolute guardrail not to be crossed (not their words but it’s what their analysis implies). Not a bad idea and worthy of deeper analysis, and it is much stronger than previous pronouncements.

At first blush, peak GHG (greenhouse gas) emissions by 2020 seems nearly impossible to achieve, but it’s a decent idea and jam-packed full of strong motivation, like all hell breaks lose without immediacy of action. In a BBC interview, Heleen de Coninck, a Dutch climate scientist said: “The decisions we make now about whether we let 1.5 or 2 degrees or more happen will change the world enormously.”

In years past, the IPCC viewed the next century as the timeline for deep reckoning when the climate monster would be most threatening. That’s been amended in a big way. Now, trouble is only decades away, and maybe only a few, not several.

…click on the above link to read the rest of the article…

Why Is The Media Warning A Recession Is Expected “By The End Of 2020” That Will Be “Worse Than The Great Depression”?

Why Is The Media Warning A Recession Is Expected “By The End Of 2020” That Will Be “Worse Than The Great Depression”?

The mood of the mainstream media is really starting to shift dramatically.  At one time they seemed determined to convince all of us that happy days were here again for the U.S. economy, but now some mainstream news outlets are openly warning that the next recession will be “worse than the Great Depression”.  Do they really believe that this is true, or is there some other purpose behind their bold headlines?  Of course it isn’t exactly difficult to predict that another recession is coming, because the U.S. economy has experienced recession after recession ever since the Federal Reserve was first established in 1913.  But the phrase “worse than the Great Depression” implies that what we will soon be facing will be the worst economic downturn in all of U.S. history.  That is a very bold statement to make, and it should not be done lightly.

That is why I have been absolutely astounded by some of the mainstream headlines that I have been seeing lately.  For example, the following comes from a New York Post article entitled “Next crash will be ‘worse than the Great Depression’: experts”

“We think the major economies are on the cusp of this turning into the worst recession we have seen in 10 years,”said Murray Gunn, head of global research at Elliott Wave International.

And in a note, he added: “Should the [US] economy start to shrink, and our analysis suggests that it will, the high nominal levels of debt will instantly become a very big issue.”

And here is an excerpt from an article posted on MSN entitled “Experts warn the next recession will be ‘worse than the Great Depression’ and predict it will hit US within two years as $247 trillion global debt outdoes 2008”

…click on the above link to read the rest of the article…

Olduvai IV: Courage
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Olduvai II: Exodus
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