by Martin Armstrong The civil unrest is turning violent right on schedule. These lockdowns have destroyed so many jobs and the future of people which the government never even bothered to consider. The more governments try to pretend they did the right thing, the greater the violence will become. I went to get my haircut
Month: May 2020
Smart home-enabled window coverings are increasingly popular. Hunter Douglas Window coverings are often an afterthought in home design and remodeling, but they shouldn’t be. In addition to adding style to a home, they can also add functionality and convenience. Some materials reduce your energy bills. Some help you sleep better by blocking out exterior light.
Zillow CEO Richard Barton told CNBC on Friday that the online real estate company has not observed a dramatic spike in people moving out of dense, urban areas due to the coronavirus pandemic. “We’re all searching for our data to confirm our bias, or our theory, that people are moving out of the city into the suburbs,” Barton said
According to Bitpay’s Chief Marketing Officer, Bill Zielke, onchain bitcoin payments still rule the roost as far as payments are concerned. Zielke detailed that at least in the near future, Bitpay won’t be supporting the Lightning Network or Blockstream’s Liquid project. Liquid or the Lightning Network Not on the Roadmap The top cryptocurrency payment processor
TOPLINE In an increasingly confrontational approach to China, President Trump announced new targeted sanctions against Chinese officials on Friday, while also directing his administration to remove special exemptions for Hong Kong. “We will take action to revoke Hong Kong’s preferential treatment,” Trump said. Doug Mills-Pool/Getty Images KEY FACTS Trump announced that he would impose new
The municipal market concluded the final trading session of May on steady footing, with secondary yields remaining flat Friday amid a pickup in issuance. Meanwhile, New York City will begin to reopen starting June 8, the mayor and governor said Friday. Generic municipal yields have held at steady levels, though some sources said that is
Although many will agree that saving for retirement is an excellent financial move, a significant number of employees still do not participate in their employer-sponsored retirement plans. The lack of participation can be the result of having insufficient income to make retirement contributions. However, many times, employees don’t participate because they’re unaware of the benefits
Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York. Michael Nagle | Bloomberg | Getty Images Morgan Stanley is planning to kick off the return of trading personnel to its New York headquarters in mid to late June, according to people with knowledge of the situation. The
Swiss legal authorities have been forced into a climbdown over one of the country’s highest-profile money laundering cases, a probe centred on Russia’s Otkritie bank that stretched from the Baltic to the Caribbean, featuring abandoned Ferraris, 10-carat diamonds and 600kg of banknotes. The three defendants have been offered four and five month suspended sentences by
Donald Trump said the US will revoke special trade privileges for Hong Kong and sanction officials from the territory and mainland China after Beijing moved to impose new security laws on the former British colony. The move came as part of a range of measures from Mr Trump targeting China, including banning some Chinese nationals
Reversing a long-standing policy of reporting advisors’ bankruptcies on its website, the CFP Board now says it will review cases individually and may opt out of posting some. The new rules are intended to “improve the process that governs those who are subject to CFP Board’s enforcement,” the board says.Jeffrey Sauers “A single bankruptcy may
Silver scores biggest monthly gain in 9 years as U.S.-China tensions boost gold prices Silver futures on Friday post a gain of nearly 24% for the month, the largest since 2011, with the industrial metal finding support as global economies continue to reopen from pandemic-related shutdowns. Gold futures, meanwhile, rose for Friday’s session, buoyed by
The other three officers have not been charged. No, this is not enough “justice” to stop the “rioting”. The “rioting” isn’t even about George Floyd anyway… (by Half Dollar) The cop who “knelt” on Floyd’s neck has been charged: And therein lies part of the problem. You see, the MSM (screenshot above from the Fox
The NGRAVE ZERO, claimed to be the world’s most secure hardware wallet, launched its crowdfunding campaign for €25,000 ($27,850) on May 26. In the first two days it smashed this total four times over, and is now well on its way to number five. The campaign, which was launched through the IndieGogo crowdfunding platform, is
Tesla (TSLA) CEO Elon Musk has now received access to the first of 12 potential stock option awards from his extensive 2018 compensation plan- and thanks to the stock’s recent rally, these shares are now worth a whopping $775M. To receive his stock options, the company’s market cap had to stay at $100B or more
A person wearing a face mask walks along Wall Street after further cases of coronavirus were confirmed in New York, March 6, 2020. Andrew Kelly | Reuters Corporations, borrowing at more than twice last year’s pace, have already raised more than $1 trillion as they race to restructure older debt, pay down bank lines and
by charvo Liquidity withdraw. Lowest weekly Fed stimulus since the market top. Not only that: Public debt increased ~4x the Fed’s $60B in the last 7 days! Largest net decline in Fed assets vs. government debt since the repo crisis started. Debt overhang sucking all new liquidity. pic.twitter.com/lcFjk2PuX5 — Otavio (Tavi) Costa (@TaviCosta) May 29,
Photo: Getty Real estate agents have an amazing capacity to adapt. Although our industry is often characterized as resistant to change, the current health crisis has proven that we’re able to quickly adjust when necessary. In fact, in just weeks I’ve been blown away at how effortlessly real estate has successfully adopted new technologies, business
Homebuilder stocks are tearing higher this quarter. The XHB homebuilder ETF has rallied more than 40% since the beginning of April, tracking for its best quarter on record. Positive housing data and low interest rates have fueled investor optimism despite the coronavirus pandemic. Matt Maley, chief equity strategist at Miller Tabak, says housing stocks may
Albuquerque, NM – May 29, 2020 – Feisty underdog and first generation cryptocurrency Reddcoin (RDD) launched the PoSV v2 consensus algorithm activation process on Christmas Eve 2019 enhancing all facets of support of the native lightning-quick blockchain to a self-funding independent model. That work has culminated in recent days and will be activating shortly, marking
Despite 40 million people filing for unemployment benefits since the start of the pandemic, there are a number of sectors that haven’t shown their full extent of layoffs. A number of large employers, like airlines, have held off on vast cuts. This could lead to a rash of further layoffs. Airlines, for example, are prohibited
Joseph Pollock has joined Cain Brothers as a managing director in its San Francisco office. Cain Brothers, a healthcare investment bank, is a division of KeyBanc Capital Markets Inc., the corporate and investment banking arm of Cleveland-based KeyCorp. Joseph Pollock joins Cain Brothers as a managing director in San Francisco.Cain Brothers Pollock will be responsible
Both of these brokers have features built to appeal to buy-and-hold investors who take a long view. Vanguard built its reputation on mutual funds, and it is the world’s top provider of index funds. The brokerage was launched in 1983. Merrill Edge started operations in 2010 following Bank of America’s acquisition of Merrill Lynch, so
Shares in coffee group JDE Peet’s climbed more than 12 per cent in its first day of trading, after it raised €2.25bn to complete Europe’s biggest initial public offering since 2018. The float on Friday marks one of the biggest IPOs since the coronavirus pandemic slammed global economies and put a severe chill on the
Renault plans to cut about 15,000 jobs, shrink production and restructure some of its French factories as the carmaker seeks to slash €2bn in costs amid falling demand and the aftermath of the 2018 arrest of Carlos Ghosn. After recording its first loss in a decade last year and with sales slumping, Renault is trying
The video of an altercation on Monday between a white female executive and a black man in Central Park went viral almost immediately. Within 24 hours, the woman was out of a job. The woman, an employee of Franklin Templeton, is seen calling the police on her mobile phone saying “there is an African American
FILE PHOTO: Gold rings are seen on display at a goldsmith shop in Kuala Lumpur By Brijesh Patel (Reuters) – Gold prices rose on Friday, supported by lingering U.S.-China trade tensions, while market participants cautiously awaited Washington’s response to the Chinese parliament’s approval of a national security law for Hong Kong. Spot gold was up
To be fair, this practice has been relatively rare, until Covid. But now governments are starting to look at every source of funding they can… by Simon Black of Sovereign Man During the summer of 1215 in a riverfront meadow near London, some of England’s top barons gathered to confront King John and force him
Crypto traders aren’t taking advice from Goldman Sachs — with Bitcoin up by more than 8% since the investment bank slammed BTC in an investors call. Bitcoin has increased from the $8,800 mark to $9530, with the $10,000 barrier in sight According to crypto derivatives tracker Skew.com, the price rise has seen approximately $40 million
Restaurant crisis, you say? Not if you’re an investor of fast casual chain Chipotle Mexican Grill (CMG). The restaurant industry’s struggles during the pandemic have been well documented, as enforced closures have decimated the sector. But CMG shares recently notched an all-time high, blasting through the $1000 mark. So what is driving the forward momentum?
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