Mtl JP 23:21 GMT April 1, 2020
eurusd
viies for me the corona-V's significance is in its role as a cap on USD rallies
and as long as the FED continues to spray the market with additional liquification its another weight on the buck in markets eye, imo of course
Tallinn viies 23:06 GMT April 1, 2020
eurusd
Reply
exactly 2 week ago US reported 1323 infected persons.
today 213 372.
what a difference 2 weeks can make.
after 2 weeks all well or more like 400k infected?
just wondering if to buy sp500 after all the money FED n treasury have provided or not.
I guess I wait until they test yearly lows again.
dc CB 22:21 GMT April 1, 2020
Reality Bites
"and remember, one of the easiest things you can do is to WASH YOUR HANDS, for at least 20 seconds" a public service anncmnt from WETA Washington.
dc CB 22:09 GMT April 1, 2020
Reality Bites
funny NPR nuz breaks this eve featuring "to wear a mask or not in public' after being told Not........"
I'm sure PBS's NEWS HOUR with Judy Woodruff will have a lengthy segment on the Question. (and find a way to take a dig at Trump...for failing to tell us to wear masks.)
Mtl JP 22:02 GMT April 1, 2020
Thursday Amazing Trader 2 April 2020
rofl , I just had an of day chat with my teamster organizer peasant buddy about this new FED magnanimosity to the large banks ... I ll spare you his reaction, let u imagine roll
Mtl JP 21:53 GMT April 1, 2020
Thursday Amazing Trader 2 April 2020
haha .. "temporarily taking steps to ease an obscure capital requirement for large banks to address strained conditions in the Treasury market."...
janet's October 9, 2013 statement about the role of the FED: "We can and must safeguard the financial system"
Israel MacroMicro 21:07 GMT April 1, 2020
Reality Bites
CB 20:43
the length of his titles are second to the ones of the almighty north Korea boss
dc CB 20:43 GMT April 1, 2020
Reality Bites
funny that it takes a Joe Rogan podcast.....
Starts 1 min in runs 1hr 12 mins
COVID
Peter Hotez, M.D., Ph.D. is Dean of the National School of Tropical Medicine and Professor of Pediatrics and Molecular Virology & Microbiology at Baylor College of Medicine where he is also the Director of the Texas Children�s Center for Vaccine Development (CVD) and Texas Children�s Hospital Endowed Chair of Tropical Pediatrics.
Dr. Peter Hotez April 1
AT Trader john 20:07 GMT April 1, 2020
Thursday Amazing Trader 2 April 2020
LATE Wednesday
DJ: -974
SP: -114.1
2-yr 0.243% +1.5
Spread 10s-2s +35.6 (+37.5)
10-yr
US: 0.599% -0.1
UK: 0.313% 0.0
DE: -0.460% +0.1
EURUSD MACRO TREND: NEGATIVE
Spot Rate (Pivot Point)
EURUSD 1.0954 (1.0956)
GBPUSD 1.2398 (1.2386)
EURGBP 0.8834 (0.8838)
USDJPY 107.10 (108.03)
This Week 1.1144-1.0903 (241 pips)
wed: 1.1038-1.0903 (135)
tue: 1.1055-1.0927 (128)
mon: 1.1144-1.1010 (134)
fri: 1.1124-1.0993 (131)
thu: 1.1045-1.0870 (175)
Sign up now for your invaluable report
How To Turn Your Forex Trading Into A Business
20-day avg: 1.1034
50-day avg: 1.0988
100-day avg: 1.1043
200-day avg: 1.1072
PAR 20:05 GMT April 1, 2020
Trump's stimulus plan
Trump's plans never work.
The $1.5 trillion tax relief disappeared in smoke.
This $ 2 trillion are already gone missing
before spend.
Israel MacroMicro 20:03 GMT April 1, 2020
Trump's stimulus plan
cut the middle man, transfer directly to the people.
Paris ib 18:53 GMT April 1, 2020
GeoPolitics Again
Reply
The 8 member states of the Shanghai Cooperation Organization (SCO), including China, Russia & Pakistan, have decided to conduct bilateral trade & investment and issue bonds in local and national currencies instead of US dollars.
Just now... not USD positive
Paris ib 18:11 GMT April 1, 2020
The Virus, 5G and Martial Law
No red, that won't do it. We are talking massive intravenous doses of Vitamin C. The odd apple wont work unfortunately.
in the polio epidemic of 1948-9, during which Dr. Frederick Robert Klenner cured every polio case he saw by using vitamin C.
Dr. Klenner administered ascorbate by injection:
�the most effective route was intravenous, but the intramuscular route was satisfactory. He gave at least 350 mg per kilogram of body weight.� That quantity per day is a dose of 25,000-30,000 mg2 or so for an adult.
Vitamin C and viruses
Paris ib 17:41 GMT April 1, 2020
The Virus, 5G and Martial Law
Rumblings about conflicts... South China Sea and China is reportedly doing stuff, and then there is Iran....
Can the situation get more surreal? Yeah actually I think so.
Virus and Vitamin C
dc CB 17:39 GMT April 1, 2020
BREAKING NEWS
dc CB 16:57 GMT
Wednesday, 1 April 2020 15:53 GMT
Chinese county says in lockdown after coronavirus cases_
_______
but according:
Mapping the
worldwide spread
of the coronavirus
By Washington Post Staff Updated April 1 at 12:41 p.m.
For months China had more confirmed cases than any other country, but its tally of new reported infections peaked in mid-February and is now approaching zero.
As the disease waned in China, it began to surge through Europe, and by late March, more people had died from the virus in Italy and Spain than in China.
Democracy Dies in Darkness WaPo
Paris ib 17:24 GMT April 1, 2020
The Virus, 5G and Martial Law
MacroMicro.... hey this is what years of compulsory education does for you: you become pliant and passive and you accept authority without question.
Still think the USD is doomed.
Massive intravenous doses of Vitamin C are recommended buy, hey, they were recommended 75 years ago too and what we ended up with instead was Bill and Melinda Gates using dubious vaccines.
Dr Jungeblut - intravenous Vitamin C
dc CB 17:15 GMT April 1, 2020
Reality Bites
Better late than never.
Health officials in Riverside County, California, are recommending the widespread use of masks in public to help flatten the curve of the novel coronavirus, according to a press release sent on Tuesday.
New Public Health Reco
Israel MacroMicro 17:14 GMT April 1, 2020
The Virus, 5G and Martial Law
ib
it's not funny anymore, people literally turned nuts.
I don't have enough empathy to cover all the sad human cases around. mind engineering worked
london red 17:13 GMT April 1, 2020
BREAKING NEWS
CB, sad state of affairs but appears the only way
london red 18:32 GMT February 25, 2020
Tuesday Amazing Trader 25 Feb 2020: Reply
CB, as i said before it wont make any difference. printing money helps wall st buy more stocks, but if folks in the street wont mop censored up, or collect and deliver other censored, they can print all they want and lower all they want and it will do diddly squat. the whole world needs to get infected, then it will bottom out, as this is just another type of flu. not the flu, but similarly deadly for old and frail.
Paris ib 16:57 GMT April 1, 2020
The Virus, 5G and Martial Law
Hearing reports about bats falling out of the sky in Israel.... though the reports seem a bit old (like a week or so).
That would tie up with 5G EMF poisoning where:
- massive, almost instantaneous 5G bird sudden cardiac death effects, one in the Netherlands and one in the UK.
has been reported as a result of 5G installations.
Recommended treatment, follows along the same lines as the treatment for Polio (which Dr Cowan suggests is also related to the electrification of the earth) pioneered in the States and then widely ignored:
Dr. Jungeblut, Professor of Bacteriology at Columbia University, first published on vitamin C as prevention and treatment for polio, in 1935.
The Lancet accepted and published the results in 2006.
Anyway just saying: stay safe.
Dr Thomas Cowan
AT Trader john 16:57 GMT April 1, 2020
Thursday Amazing Trader 2 April 2020
Reply
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Thu 2 Apr 2019
A 08:55 EZ- PPI
A 12:30 US- Weekly Jobless
A 12:30 US- Trade
Fri 3 Apr 2019
Final Service PMIs all day
AA 12:30 US- Employment
Mtl JP 16:09 GMT April 1, 2020
Wednesday Amazing Trader 1 April 2020
USDCAD 1.4222
-
justin just announced the mechanics of salary support scheme, to be availbale as of the 6th, available on a renewable monthly basis
asked about how long coronaV going to be around, he peddled the responsability for that on "depends on how people behave"
swiss frank 15:21 GMT April 1, 2020
Italy
Reply
Social Security system hacked
Italy
swiss frank 15:07 GMT April 1, 2020
AUD
Looks like it was from 2-3 hours ago
HK Kevin 15:06 GMT April 1, 2020
AUD
The news below in not relevance
HK Kevin 15:04 GMT April 1, 2020
AUD
RBA Meeting Minutes Sends The Pound Australian Dollar (GBP/AUD) Exchange Rate Higher
https://www.exchangerates.org.uk/news/29099/2020-04-01-rba-meeting-minutes-sends-pound-to-australian-dollar-gbp-to-aud-exchange-rate-higher.html
Mtl JP 14:59 GMT April 1, 2020
AUD
already 50% + retraced
Israel MacroMicro 14:56 GMT April 1, 2020
AUD
2% in 2 minutes
Israel MacroMicro 14:56 GMT April 1, 2020
Reality Bites
looking around and I still cannot be sure it's not Alfred J. Kwak running the current reality
Mtl JP 14:55 GMT April 1, 2020
AUD
fat finger bid.. mis-coded algo ... lol
swiss frank 14:51 GMT April 1, 2020
AUD
Reply
WTF was that?
swiss frank 14:48 GMT April 1, 2020
Reality Bites
I thought a lot of the 'restaurants' in the US were stand alone. Optimal for tele-workers lunch break, drive thru, deliveroo/uber eats.
Mtl JP 14:44 GMT April 1, 2020
Reality Bites
QSR's banners are mainly in high-traffic commercial centers / food courts
tele-work, if it takes off, tolls its death bell
Israel MacroMicro 14:41 GMT April 1, 2020
Reality Bites
when sewage system gets overloaded as the oil storage currently, we may get a real plaque in case one didn't build own sewage system inside own backyard.
real no demand number from cushing
swiss frank 14:38 GMT April 1, 2020
Reality Bites
Why QSR? You know, the whole chicken sandwich thing....
Mtl JP 14:14 GMT April 1, 2020
Reality Bites
ib IF my sence about tele-work pans out,
outfits like Restaurant Brands International Inc. (QSR)
will go the way of a heavy turd (ploink)
new profit opps in the making
Paris ib 14:07 GMT April 1, 2020
Reality Bites
JP... we do have a timeframe. 45 days from the 17th of March. So 1st of May... they are sticking to the original plan. What we will have to deal with when they get through with this is an open question.
HK Kevin 13:59 GMT April 1, 2020
Wednesday Amazing Trader 1 April 2020
Don't be ambivalence. Big guys helps me to batch 100 pips
Mtl JP 12:21 GMT 04/01/2020
usdcad 1.4250
----------------
1.4310/50 res, above would open 1.44
on the downside: 1.4050/20
I am currently ambivalent,
max slightly biased down
Israel MacroMicro 13:50 GMT April 1, 2020
Reality Bites
lol
did I sense right? you talk about now Chinese car brand?
you must know than even with a two/three wheeler you are traceable :)
times changed
AT Trader john 13:46 GMT April 1, 2020
BREAKING NEWS
U.S. Markit final Mfg PMI March 2020
ALERT
48.5 vs. 49.2 exp. vs. 49.2 prev.
Mtl JP 13:40 GMT April 1, 2020
Reality Bites
I d be careful with a 1987 sense of "security" from GPS
got a GPS bug detector ?
Mtl JP 13:37 GMT April 1, 2020
Reality Bites
where how u get parts for that transport ?
Purk Clogland 13:30 GMT April 1, 2020
Reality Bites
CB, i remembered that you told that! Very nice! Ride on!
dc CB 13:25 GMT April 1, 2020
Reality Bites
Purk
so I've still got my 1987 245... no GPS not trackable, can't be turned-off with a 'software update via the net'.
My Bug-Out transport lol
swiss frank 13:24 GMT April 1, 2020
Spain
Reply
Updated statistics
Average number of deaths per day in March last 3 years
Madrid 133
Spain 1212
March 2020
Madrid 291
Spain 2004
Israel MacroMicro 13:16 GMT April 1, 2020
Reality Bites
closer it nears, harder they scream
nothing done earlier, nothing to get done now
those knew everything yesterday, today they know even more
losers united, time to collect your trophies
Purk Clogland 13:16 GMT April 1, 2020
Reality Bites
Thank you CB... me thinks those creatures are all alike. In clogland they do not have a clue how the peasants think... it is still politics. In the meantime many independant experts on pshycology, when asked (!), say that economic or mental death rates will be much higher than the Virus....
Mtl JP 13:14 GMT April 1, 2020
Reality Bites
ib / one of peasant (a teamster organizer) budies is adamant that peasants will rise... (he is also a prophesies adept). I have a running bet with him that it will not happen (in our lifetimes), except maybe in small pockets, likely in the very poor neigrbourhoods where folks have literary nothing to lose (except their lives)
dc CB 13:10 GMT April 1, 2020
Reality Bites
Purk, sadly yes.
and I live in Maryland, with a front row seat
There are worse people 'in charge' of much larger and denser poplulations.
Before COVID, they were irritating, sometimes amusing, even threatening, but I thought that rational thinking adults would vote them out of office. But this virus changes the game --- now YOU COULD DIE because of these A-holes.
I wrote in another screed, 'Identity politics' or politcal correctness will kill more people than the virus.
.
Paris ib 13:08 GMT April 1, 2020
Reality Bites
While our livelihoods are stolen, our economy shut doen, our Governments burdened with unbearable debts and the mega-corporations get bailed out at the expense of small business... there will be no protest because we aren't allowed out.
Ain't that something?
And while there is pestilence supposedly killing everyone total mortality falls like a stone.
Of course as this continues rising poverty will see deaths start to rise dramatically in 3-6 months.
For Godssake sent these a.sholes to jail !
Criminals at large
Purk Clogland 12:57 GMT April 1, 2020
Reality Bites
CB, do you think those people are real..? No joke ...
dc CB 12:46 GMT April 1, 2020
Reality Bites
Mtl JP 11:58 GMT
managed theater ?
society....
_________________________
Very different and not in any way good,better. This thing is jsut starting.
The Gov of Virgina, who along with the newly empowered democrat controlled legislature, two months ago were pushing bills thru that would make all semi-automatic guns in the state illegal allow for confiscation --- door to door confiscation. You may recall the NUZ stories about 2nd Amendment Sanctuary Counties ---not sanctutary for illegal immigrants, Sanctuary for American citizen gun owners......
This Gov has ordered the lock-down of the entire state of Virginia thru June 30 --- due to COVID. With the exceptions of a few counties surrounding Wash DC --- Va is a Rural state, a Big rural state. Also in the 1860s it was the Seat of the Confederacy (Civil War), with Richmond as the capital.
Meanwhile in WasH DC, the Mayor Murial Bowser, has ordered everyone to stay inside, under penalty of fines and up to 90 days in jail. she has since toned it down a bit, but not much. This Mayor, a sanctuary city mayor, wants to release prisoners from jails into the community because of The Virus---po po prisioners may get sick (or need to make room for the new Shelter in Place law breakers)
This stuff is going on, on Both Coasts.
The Pols are pushing some buttons they ought not to push Unless the want this thing to get Unruly.
I fear... and for good reason.
PAR 12:35 GMT April 1, 2020
ECB LAGARDE PONZI MAFIA
Reply
European bank stocks crash as ECB aims to destroy the European financial sector with ill-considered policy measures.
Mme. Lagarde has no idea how banks and stock markets work.
She is a politician at the wrong place at the wrong time.
Purk Clogland 12:22 GMT April 1, 2020
BREAKING NEWS
Well Clogland yesterday sign the death certificate of the economy. uppet Rutte announced and drewled all kinds of compliments to the peasants.
Measures till 28-4-2020, butttt, msm and Rutte already said: measures will not be gone that date, big lockdown stiil not out of the question.
They have to come up with something new now, because people are getting edgy....
But i do not think the Dutch fat arses will fight anything... the sugar made em full of sh...
Only big companies there to stay, rest in the hands of the government. More people be employed to watch the neighbour?
Guess 1 of july we will be open for b... oh wait...
Stay alert people, think for yourself, puppets everywhere...
Mtl JP 12:21 GMT April 1, 2020
Wednesday Amazing Trader 1 April 2020
usdcad 1.4250
----------------
1.4310/50 res, above would open 1.44
on the downside: 1.4050/20
I am currently ambivalent,
max slightly biased down
london red 12:16 GMT April 1, 2020
BREAKING NEWS
s&p big double t building. not far from neck. worth a move to 2350 if 2468 neck goes. also 38.2 fib at 2466 (minimum correction zone for pullback off highs c 2640)
Mtl JP 11:58 GMT April 1, 2020
BREAKING NEWS
CB 22:08 / I am starting to see discussions about fast-tracking an anti-corona elixir (3 - 6 months) vs usual 1 - 1.5yr timeline
managed theater ?
one thing seems apparent to me:
- all this tele-work from home is putting office towers real-estate as business into question as well as focussed morning/aft travel congestions plus a few other potential earth-moving social issues such as peasant being conditioned to "listen to scientists" and behave as guided by gov't edict.
once the curtain comes down on the corona theater societal dynamics will likely be fairly different
dc CB 11:54 GMT April 1, 2020
Reality Bites
Reply
a Marlyand County's COVID count rose from 16 to 92 this weekend as 66 very old people in a nursing home were diagnosed. Further investigation revealed that a member of the Staff tested positive but is 'non-symptomaic' - and is the likely source. Some have died, 12 are in intensive care at the local hospital ---Filling the ICU unit at the hospital to capacity.
In Washington DC, the big current controversy is 'to wear a mask in public or not', esp as it its now confirmed that a person can be Infectious without showing any symptoms. So wearing a mask protects the wearer from infection and alos prevents the Infected from Infecting.
The 'line' coming out of DC for over a month is "you don't need to wear a mask' ---- they are needed by our care providers.
(We f6ck'd up and failed to replenish our stockpiles that were depleated in the last infection scare, YEARS AGO. Ergo: you don't need a mask!!!)
Good trading
Mtl JP 11:15 GMT April 1, 2020
Wednesday Amazing Trader 1 April 2020
USDCAD 1.4268
------------------
IF justin trudeau's "support" spray hose just for peoples' incomes comes through, it will amount to a minimum $150 billion and likely more than $200 billion. iieha !
Mtl JP 11:11 GMT April 1, 2020
Tuesday Amazing Trader 31 March 2020
Bloomberg April 1, 2020 -- Oil held near $20 a barrel as Saudi Aramco�s output surged above 12 million barrels a day, but Russia said it would refrain from further production hikes. .../..
Mtl JP 11:03 GMT April 1, 2020
shawn 07:23 *-^
trump likely worried the headcutter stops buying / paying american killing equipement
swiss frank 11:02 GMT April 1, 2020
Wednesday Amazing Trader 1 April 2020
Fitch downgraded Commerzbank and lowered the outlook on Deutsche. Not a shock. German govt pushing for all listed co's to not pay dividends.
Amman wfakhoury 10:21 GMT April 1, 2020
EURUSD 1.0888
As it is in Sell mood ..
Sell and add sell if rise till 10970
Mtl JP 10:20 GMT April 1, 2020
Wednesday Amazing Trader 1 April 2020
Equities
---------
asians pretty seriously down
europe puking as well
US looking to a down open
-
ytd DJIA is down over 20%
Amman wfakhoury 10:20 GMT April 1, 2020
EURUSD 1.0888
The close above 10950 and keeps above it means 11020 will be reached.
The only one in the world who confirms the next level and every hour movement
Amman wfakhoury 10:14 GMT April 1, 2020
EURUSD 1.0888
Reply
EURUSD into Sell mood target 10888..now 10935
10888 will be reached as price below 10950 and keeps below it.
100% guaranteed
The only one in the world who confirms the next level and every hour movement
AT Trader john 08:30 GMT April 1, 2020
BREAKING NEWS
GB Final Manufacturing PMI March 2020
U.K. Charts
-- NEWS ALERT --
47.8 vs. 47.0 exp. vs. 48.0 (r ) prev.
AT Trader john 08:22 GMT April 1, 2020
Wednesday Amazing Trader 1 April 2020
Wednesday
DJ: -715
SP: -80.8
2-yr 0.241% +1.3
Spread 10s-2s +37.5 (+46.1)
10-yr
US: 0.616% -8.3
UK: 0.306% -4.9
DE: -0.508% -5.1
EURUSD MACRO TREND: NEGATIVE
Spot Rate (Pivot Point)
EURUSD 1.0960 (1.1041)
GBPUSD 1.2360 (1.2381)
EURGBP 0.8866 (0.8882)
USDJPY 107.65 (107.97)
This Week 1.1055-1.0927 (128 pips)
wed: 1.1038-1.0953 (85)
tue: 1.1055-1.0927 (128)
mon: 1.1044-1.1010 (34)
fri: 1.1124-1.0993 (131)
thu: 1.1045-1.0870 (175)
Sign up now for your invaluable report
How To Turn Your Forex Trading Into A Business
20-day avg: 1.1041
50-day avg: 1.0990
100-day avg: 1.1043
200-day avg: 1.1074
Global-View Daily Trading Chart Points
Paris ib 08:10 GMT April 1, 2020
We're not broke it's the PANDEMIC
The debt market is the centre of the storm:
"Having binged on borrowing, companies that are outside the financial sector owe $9.6 trillion in the United States � up more than 50% in a decade. Worldwide, companies have issued $13 trillion in bonds, according to the Organization for Economic Cooperation and Development. That�s twice what they owed in the financial crisis year of 2008. Corporate debt in China alone has soared from virtually nothing to $590 billion."
"Over the past decade, though, companies have borrowed heavily to capitalize on record-low rates. Many have used the proceeds not to hire or expand but to issue dividends to shareholders or to buy back their own stock."
"This is the greatest corporate bailout in world history and it's structured to make sure the super-corporations thrive and put genuine small businesses on life support..... "
The VIRUS? I'm not even sure there is one.
Corporate Debt Loads
AT Trader john 08:02 GMT April 1, 2020
BREAKING NEWS
Minor revisions to weak flash EZ PMIs.
Paris ib 07:59 GMT April 1, 2020
Global Martial Law
"According to a report by S&P Global Market Intelligence, $4.1 trillion worth of corporate debt will mature in 2020."
There is a huge bubble in corporate debt... and now the Beer Virus and:
"This is the greatest corporate bailout in world history and it's structured to make sure the super-corporations thrive and put genuine small businesses on life support..... "
And still the questions remain: is there even a VIRUS? No sign of it in total deaths. But, hey, the-powers-that-be wouldn't lie to us, would they?
Corporate Debt in the U.S.
Israel MacroMicro 07:57 GMT April 1, 2020
Tuesday Amazing Trader 31 March 2020
of course crude prices will rise at certain point in the future. but how lower from current it will go or we seen the low for months/years already?
AT Trader john 07:46 GMT April 1, 2020
BREAKING NEWS
EZ Final Manufacturing PMIs March 2020
ALERT
08:00 EZ
mfg: 44.5 vs. 44.7 exp. vs. 44.8 flash
07:55 Germany
mfg: 45.4 vs. 45.5 exp. vs. 45.7 flash
08:50 France
mfg: 43.2 vs. 42.9 exp. vs. 42.9 flash
07:45 Italy
mfg: 40.3 vs. 41.0 vs. 48.7
Markit PMI Press Release
AT Trader john 07:36 GMT April 1, 2020
Wednesday Amazing Trader 1 April 2020
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Wed 1 Apr 2020
Final Manufacturing PMIs all day
A 12:15 US- ADP Payrolls
A 14:30 US- EIA Crude
Thu 2 Apr 2019
A 08:55 EZ- PPI
A 12:30 US- Weekly Jobless
A 12:30 US- Trade
Fri 3 Apr 2019
Final Service PMIs all day
AA 12:30 US- Employment
Amman wfakhoury 07:04 GMT April 1, 2020
GBPUSD 12340
1.2340 Reached ....100% guaranteed
swiss frank 06:48 GMT April 1, 2020
Global Martial Law
Its over already.
Happy April Fools Day.
Paris ib 06:46 GMT April 1, 2020
Global Martial Law
"a) The Fed will leverage the bill�s $454 million bailout slush fund into $4.5 trillion, and will hand it out through the New York Fed.
b) To ensure that they don�t have to answer embarrassing questions about which of their cronies got the money, the bill suspends the Freedom of Information Act for the Fed."
M. Auerback
Paris ib 06:42 GMT April 1, 2020
Global Martial Law
"Why did Wal-Mart hit a 52-week high in March? Why is it up in the month despite an implosion in the economy?....
It's because their Mom & Pop competition is going to get destroyed in the next few months.
Why is McDonald's bouncing back so quickly even though the stores are only open for drive-thru and delivery?..... It's because that family sandwich shop you ate at twice a month will be gone by September and McDonald's will still be there.
This is the greatest corporate bailout in world history and it's structured to make sure the super-corporations thrive and put genuine small businesses on life support.....
The Fed is out there buying every investment grade corporate bond it can find. The small-and-medium business lending programs aren't even set up. And once they are, they permit lending to companies with 500 employees... per location.
Do you think any of that money is going to flow to Main Street Hardware? Or Mom & Pop's Sandwich Shop?
Last week set the all-time record for investment-grade corporate debt issuance. They're loading up with Federal Reserve money to swoop in and buy up all the companies that suddenly can't get a loan.
That's how the market can rally 20% from the bottom with Q2 GDP estimates as low as -34%."
A. Button
Amman wfakhoury 06:10 GMT April 1, 2020
GBPUSD 12340
Reply
GBPUSD now 12373
12340 will be reached unless price closed above 12405
The only one in the world who confirms the next level and every hour movement
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