The U.S. media has been quick in accusing Russia of stirring the current wave of violence that is sweeping across the U.S. cities. As daft as it may sound, Russia has now been effectively elevated to the national cause of every malaise in many major U….
BRIC Manufacturing PMIs are out for May, showing some marginal improvements in the sector. However, of all four economies, China is the only one that is currently posting activity reading within the statistical range of zero–to-positive growth. Brazil…
On February 16 in $AAPL Check I had issued a technical warning on $AAPL as it was trading at around $325. The technical warning came with a recognition that the stock was very […]
Our ruling elites, devoid of leadership, are little more than the scum of self-interested, greedy grifters who rose to the top of America’s foul-smelling stew of corruption.The Founding Fathers were wary of institutional threats to liberty and the citi…
I said last night it didn’t seem like a buy the dip moment.
Wrong.
Fed QE $7.000B CouponPurchase 2020-06-01 NYFed treasury securities operations
Shares buybacks can have a severely destabilizing impact on longer term companies’ valuations, as noted in numerous posts on this blog. In the COVID19 pandemic, legacy shares buybacks are associated with reduced cash reserves cushions and thiner equity…
It’s easy these days to question securities market sanity. Yet it’s a fundamental tenet of Credit Bubble analysis that things turn crazy at the end of cycles. In the waning days of history’s most spectacular financial Bubble, should we be too surprised by Complete and Utter Craziness?
Ok, here are the latest comparatives for the U.S. of A and EU27 in terms of COVID19 statistics.
There is still no signs of slowdown in the number of daily reported infections in the worldwide data for COVID19. In fact, 29/5/2020 marks the new all-time peak in the rate of new cases additions:Aptly, with a lag, trends in daily reported deaths are s…