According to the Wall Street Journal, More than 40% of The U.S. Population Has Seen Reopening Halted, Or Reversed — Yet Somehow the Market Continues to Remain Bullish, Up 32 Points As of 12:52pm??

https://blogs.wsj.com/dailyshot/2020/07/01/the-daily-shot-over-40-of-u-s-population-has-seen-reopening-halted-or-reversed/ CNBC front page archived Apparently they’re ascribing this inexplicable divergence from reality to a new coronavirus treatment. This wouldn’t

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(James Bullard, CEO of the St. Louis Fed, September.18th, 2019) “Trade policy uncertainty remains elevated, U.S. manufacturing already appears in recession, and many estimates of recession probabilities have risen from low to moderate levels. Moreover, the yield curve is inverted, and our policy rate remains above government bond yields for nearly every country in the G-7.” Fox News…

(September.20th, 2019) “Fed’s Bullard wanted bigger rate cut because US manufacturing ‘appears in recession’” (didn’t use the original link because

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Iran’s Oil Exports Have Declined From 2.5 million bpd in April 2018 to 100,000 — 200,000 bpd, Resulting in Only $8.9 Billion in Annual Revenue for Fiscal Year 2019-2020 Vs $119 Billion at Peak Production 10 Years Ago..Reuters

https://www.reuters.com/article/us-iran-oil-gulf/iran-plans-oil-exports-from-the-gulf-of-oman-to-secure-crude-flow-idUSKBN23W1M1 (Business Insider, Jan 13, 2020) “How the Strait of Hormuz, a narrow stretch of water where ships carry $1.2

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Credit Suisse Retiring TVIX Could Be a Key Tell For What is to Come, Market Down 500 Points Heading Into Lunch; 2300 Points From the Peak Established on June.9th Following the Greatest 50 Day Rally In History

https://seekingalpha.com/news/3584972-series-of-vix-gold-silver-etns-axed-credit-suisse “The TVIX ETF Is Getting Delisted: Here Are The Three Implications For Markets”, ZeroHedge “S&P Plunges To Critical Technical

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“Aggregate assets of the Group of Ten (G10) central banks have increased by about $6 trillion since mid-January, more than double the increase seen during the two years of the global financial crisis from December 2007, with the rise in assets accounting for almost 15 percent of G10 GDP”, IMF GLOBAL FINANCIAL STABILITY UPDATE (June, 2020)

https://www.imf.org/en/Publications/GFSR/Issues/2020/06/25/global-financial-stability-report-june-2020-update  Gita Gopinath“Over 75 percent of countries are now reopening at the same time as the pandemic is intensifying in

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(June.23rd, 2020, IHS Markit Flash U.S. Composite PMI) “Any return to growth will be prone to losing momentum due to persistent weak demand for many goods and services, linked in turn to ongoing social distancing, high unemployment and uncertainty about the outlook, curbing spending by businesses and households. The recovery could also be derailed by new waves of virus infections. Continual vigilance by the Fed, US Treasury and health authorities will therefore be required to keep any recovery on track.”

https://www.markiteconomics.com/Public/Home/PressRelease/bc642a4d5ff34fe4b8e7c0c8fe017b8e https://archive.vn/zbkfC

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Quote, Dr. Carroll Quigley, 1966: “The redistribution of wealth by changing prices is equally important but attracts much less attention. Rising prices benefit debtors and injure creditors, while falling prices do the opposite. A debtor called upon to pay a debt at a time when prices are higher than when he contracted the debt must yield up less goods and services than he obtained at the earlier date, on a lower price level when he borrowed the money. A creditor, such as a bank, which has lent money—equivalent to a certain quantity of goods and services—on one price level, gets back the same amount of money—but a smaller quantity of goods and services—when repayment comes at a higher price level, because the money repaid is then less valuable.

“This is why bankers, as creditors in money terms, have been obsessed with maintaining the value of money, although the

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“Government debt/GDP ratios will rise by around 19 percentage points, nearly twice as much as in 2009 during the GFC (Global Financial Crisis) … the rise in debt burdens will be more immediate and pervasive, reflecting the acuteness and breadth of the shock posed by the coronavirus.”, Moody’s

https://www.reuters.com/article/global-markets/global-markets-european-stocks-hit-by-rising-coronavirus-cases-idUSL8N2DZ1BM image source: https://www.usdebtclock.org/

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Following a Deadly Border Clash With the Chinese PLA that Left 20 Indian Soldiers Killed, India Looks to Beef Up Air Force By Potentially Purchasing 33 Russian Fighter Jets, ANI

https://www.aninews.in/news/national/general-news/amid-row-with-china-iaf-pushes-proposal-for-acquiring-33-new-russian-fighter-aircraft20200618164920/ https://www.zerohedge.com/geopolitical/india-seeks-rapid-purchase-33-russian-fighter-jets-response-chinese-border-fight By Al Jazeera English – Security beefed up ahead polls, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=17511587

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You have some in the hospital. But there were over 300, 300 injuries. And the thing that scares me, judge, I’m hearing close to 600 cops have either put in their papers, or they’re talking to the department about resigning or retiring, like this is insane,” Says Former New York City Police Commissioner Bernard Kerik, ZeroHedge

https://www.zerohedge.com/political/former-nyc-police-commissioner-warns-600-cops-verge-quitting-mayor-vows-cut-funding

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New Zealand Based Online Prediction Exchange, Predictit.org, Shows Biden Ahead of Trump, MarketWatch

https://www.marketwatch.com/story/strategist-who-predicted-the-us-would-see-a-revolt-of-some-kind-by-the-2020-election-says-us-in-danger-zone-and-stocks-will-suffer-2020-06-08?mod=home-page archived (Wikipedia) “PredictIt is a New Zealand-based prediction market that offers prediction exchanges on political and financial events.[1] PredictIt

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With a Mission Statement to Serve “The Worldly and the Wealthy”, Chief Investment Officer of Citigroup Private Bank Says Clients are Holding too Much Cash; Recommends Rotating into Both Small to Medium Cap Equities, and Emerging Market Equity and Debt, Bloomberg

https://www.bloomberg.com/news/articles/2020-06-04/citi-says-wealthy-clients-are-holding-too-much-cash-time-to-buy “This is a brand new economic cycle. It isbeginning with a brief, extremely deep, rollingglobal recession, which is likely

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Even Bankrupt Companies Are Going Parabolic in this Market: Hertz Skyrockets 825% in 9 Trading Days — Even Though it Was Explicitly Stated 19 Times by the Court of Delaware in a Recent Company SEC Filing that the Equity Interests Are Completely and Utterly Worthless, Business Insider

https://markets.businessinsider.com/news/stocks/hertz-stock-price-skyrockets-since-filing-bankruptcy-traders-global-holdings-2020-6-1029285231 “We went from $300m a day in revenue to $10m a day.” said Barry Diller, Chairman of Expedia. Read

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Jerry Braakman, Chief Investment Officer of First American Trust: “All those things are telling you everything is not OK, and then you look at the S&P 500 — it keeps going up”, Bloomberg

https://www.bloomberg.com/news/articles/2020-06-03/the-things-that-used-to-matter-to-stock-investors-don-t-anymore?sref=V47xycDY archive (June.3rd, 2020) “Millions of Americans frustrated by delayed unemployment checks”, The Hill

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Hong Kong’s Hang Seng Index Surges 3% in Morning Trading After China’s National Bureau of Statistics Reports Expanding PMI; Dow Futures Somehow Manage to Turn Green Following an Initial Sell Off, Up 60 Points as of 10:54pm in the Midst of Unprecedented Nationwide Rioting and First Time National Guard Deployed in Metropolitan Areas Since the LA Riots in 1992, IBD, CNBC Report

https://www.cnbc.com/2020/06/01/asia-markets-china-economic-data-coronavirus-currencies-in-focus.html The futures should not have turned green…The National Guard is driving around in Humvee’s all over neighborhoods in America

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Must Read, “The Dawning of a New Era: Post-Capitalism 1.0”: “This situation was engineered by the technocrats to produce an outcome. Since, at least temporarily, the concocted coronacrisis is losing its power to enforce lockdown compliance, now the excuse of civil unrest is being used. The population will now become acclimatized to the presence of police and military on the streets enforcing curfews and restricting mobility. The reorganization of socio-economic behavior and structures is rapidly proceeding. Expect the use of technologies such as EM wave and sound cannons against the population. We are transitioning to a centrally planned technocracy. Google and Microsoft are developing the Artificial Intelligence, Apple and Facebook collect and funnel the big data, Amazon is the central distribution/consumption hub. Obviously there are other big tech players involved, but that’s the basic layout of “the economy”. 5G rollout is HUGE, and it’s not a happenstance that it is being rolled out now at this juncture. This sets up the architecture of Internet of Things and BIG data necessary to feed and grow the central AI management systems.” By Steven Vincent

“The Dawning of a New Era: Post-Capitalism 1.0” archive

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Trump: “I am directing my administration to begin the process of eliminating policy exemptions that give Hong Kong different and special treatment”…“My announcement today will affect the full range of agreements that we have with Hong Kong, from our extradition treaty, to our export controls and technologies”…. “We will take action to revoke Hong Kong’s preferential treatment as a separate customs and travel territory from the rest of China.” CNBC

https://www.cnbc.com/2020/05/29/trump-taking-action-to-eliminate-special-treatment-for-hong-kong.html

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Different Perspectives from Different Areas of the World, Global Times Reports: “The entire Western world will not follow the US. China is a huge market and the US is unable to provide enough compensation to offset the losses if Western countries become alienated from China. Values still have a strong appeal, but they cannot replace the fundamental interests of a country in pursuit of development. Besides, China has not intervened in the way of life of Western countries. Taking sides based on values at a disproportionate economic cost is not supposed to be the logic of international relations in the 21st century.”

https://archive.is/S7s2N#selection-535.0-553.12

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