Update (06/01/2020): More pallets of bricks have been discovered along with bottles and ‘potential accelerators’ – this time in Baltimore, where several demonstrations are planned according to FOX45’s Joy Leopla Stewart. #Breaking #Baltimore police have found mounds of bricks and bottles with potential accelerators in them. Police are currently sweeping the downtown area. There are […]

by Calculated Risk on 6/01/2020 01:05:00 PM

President Trump slammed governors in Democrat-run states as “weak,” after nationwide protests over the death of George Floyd turned into violent riots.  “Most of you are weak,” Trump told the nation’s governors during a Monday morning phone call – while Attorney General Bill Barr, who was on the call, advised them to “dominate” the situation […]

As we detailed last night, what’s happening to America right now: rioting, looting, pillaging, Americans fighting other Americans and while the media is spinning self-serving narratives that frame the bad guy as Trump, or China, or Russia, or this political party, or that, or some social movement, hides the truth that the culprit behind the […]

Stocks of gunmakers and law-enforcement related equipment jumped on Monday after this weekend’s violent nationwide protests following the death of George Floyd, a black Minneapolis man who died after a white police officer pinned him on the ground by his neck for over eight minutes. Sturm Ruger and Smith & Wesson were both up over […]

Summary: Chicago may delay reopening Florida reports jump of just 0,.4% India now home to world’s 7th biggest outbreak Brazil passes 500k cases Russia reports highest jump in new cases in weeks as easing begins UK begins unwinding lockdown as daily deaths slow Japan mulls plan to let some tourists back in * * * […]

Authored by Steve Watson via Summit News, Following President Trump’s promise to classify ANTIFA as a terrorist organisation, hyperventilating leftists, virtue signalling celebrities and fake media mouthpieces rushed to DEFEND the group responsible for the wanton violence and destruction, because orange man is bad. The hashtag ‘#IamAntifa’ began trending on Twitter, with hundreds of thousands declaring themselves […]

A dramatic video emerged over the weekend of a Tesla traveling on a highway in Taiwan, at what appears to be full speed, before slamming directly into an overturned truck that was laying across the highway. The Tesla appears to make little or no change in direction before hitting the truck. At one point, smoke can […]

Update (1135ET): After Washington DC and NYC bizarrely refused to impose curfews this weekend while nearly 3 dozen other major cities set curfews beginning as early as 4pmET on Sunday, Washington Mayor Muriel Bowser is planning to implement a curfew starting tonight at 7pmET (and again tomorrow), while de Blasio tries to save face by […]

Via S&P Global Platts Insights blog, US-China tensions have bubbled up again, and commodity markets could be caught up in the turmoil, not least LNG. Aviation activity and jet fuel are also in the mix this week, along with corn fundementals in North and South America, and UK solar power. 1. US LNG exporters face new test […]

by Calculated Risk on 6/01/2020 10:30:00 AM

by Calculated Risk on 6/01/2020 10:05:00 AM

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. A  hot-off-the-presses Washington Post- ABC News poll says  the majority of Americans would prefer policies that slow the spread of COVID-19, even if they come at the expense of restarting the economy. […]

Investors may be looking at last week’s late volatility, and the disturbing events around the U.S. over the weekend, as a reason to take profits on recent gains made as the market soared back from the coronavirus low point in late March. Playing it more conservative as the summer begins is a reasonable strategy, especially […]

I am past due to clear up some confusion and misinformation about our decision to participate in the Paycheck Protection Plan (PPP). This is simple and straightforward, unless you are committed to misunderstanding it. On March 27, the CARES Act was signed into law. Its purpose was to preserve jobs, to keep people getting paychecks […]

I was asked by the LATimes to contribute to a panel on economic and pandemic policy. The other contributors are Joseph E. Stiglitz, Christina Romer, Alicia H. Munnell, Jason Furman, Anat R. Admati, James Doti, Simon Johnson, Ayse Imrohoroglu and Shanthi Nataraj. Here’s my contribution: If an invader rained missiles down on cities across the […]

US Campaign Against Cuba’s Medical Brigades Targets Healthcare, Not ‘Forced Labor’ FAIR NASA astronauts just flew SpaceX’s Crew Dragon into orbit for the first time MIT Technology Review Space Force draws space penis over eastern coast of Florida Duffelblog 40 Times Mother Nature Proved To Be Scary As Hell (WARNING: This List Might Be Too […]

By Jon Queally, staff writer. Originally published at Common Dreams Police driving their SUV cruisers into protesters in Brooklyn, New York. National Guard and local officers firing paint gun rounds at people standing on their own front porch in Minneapolis, Minnesota. Massive armored S.W.A.T. vehicles and lines of riot police in Columbia, South Carolina and […]

We’ve been neglecting Brexit and EU stimulus measures because they seem all to familiar, in a bad way. Nevertheless, the EU, just like the US, is grappling with a massive deflationary shock. And even though much of Europe should be able to get to some semblance of normalcy sooner rather than later by virtue of […]

Yves here. I have to confess to slipping on some of my Covid-19 discipline, such as cleaning the touched car surfaces with alcohol every time I drive (my mother’s aides use it every day and they don’t wear gloves) and wiping down handles and light switches 2x daily (but I rationalize that with more recent […]