People in Hong Kong are coming out everywhere. After 2 months of fear and caution data shows more people in HK died from flu than caught coronavirus. Companies getting back to work. #coronavirushoax pic.twitter.com/nO7qYcFq7y

— Joe Hoft (@joehoft) March 8, 2020

ZeroHedge, by Tyler Durden — March 6, 2020

Excerpt:

To say that moves in the US stock market have been erratic in the past two weeks would be a prodigious understatement: with the Dow Jones swinging by over 1,000 points on nearly 5 occasions in the past two weeks (today’s 970 point move would have been the fifth)…

... traders – holding on for dear life in a market rollercoaster the likes of which have not been seen in years – have given up trying to make sense, and are just praying they don’t lose all their money. “When you have a 4.5% up day in the market and a 2% down day – what does that mean?” Kathryn Kaminski of AlphaSimplex Group told Bloomberg. “It just means we don’t know what’s going on.”

And while futures continue to slide amid a surge in US coronavirus cases late on Thursday with over 2,000 New Yorkers now having self-quarantined, and emboldening what little is left of the bears – recall that heading into this week, single stock/ETF short interest was at all time lows…

… the bulls, who are rapidly losing faith that even the Fed can prop up this market, are pointing to the recent dramatic rebounds in the stocks most recently on Wednesday when the S&P500 surged back above 3,124 (it is now trading well below 2,990), yet which nobody can fully explain because even though there are several catalysts for the rebound that one could point to, historically speaking none of them are entirely satisfying as explanations, and as Nomura’s Masanari Takada writes in his daily Nomura quant note, “we suspect that more than a few investors (whether bearish or bullish) are feeling paralyzed in the face of such unusual swings in the market.”However, it is what he says next that struck us as a stark admission that we have crossed the rubicon into a market that nobody, not even grizzled quant veterans, can explain: “We have also been at a loss to predict the market’s movements, and feel painfully reminded of the difficulties involved in drawing a story from nothing more than day-today changes in the market.“

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View the complete article including images, links and comments at:

https://www.zerohedge.com/markets/we-have-never-seen-last-time-market-did-fdr-confiscated-all-gold

Your #SaturdayMorning #Throwback #BenGarrisonCartoon from 2016
RNC flight 2016! Flight 2020 boarding now!https://t.co/iJZ6kZU7nt pic.twitter.com/HmNqHgt1Z9

— GrrrGraphics Cartoons (@GrrrGraphics) March 7, 2020

The New Civil Rights Movement, by David Badash — March 6, 2020

View the complete article including images and links at:

https://www.thenewcivilrightsmovement.com/2020/03/trump-installs-homophobic-racist-tea-party-birther-who-promised-to-send-obama-home-to-kenya-as-new-chief-of-staff/

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IMO — NOTHING in the above article worth excerpting!

The following Tweet from Breitbart presents a far more INTERESTING and ACCURATE viewpoint!

MAGA Nation is celebrating the selection of a new chief of staff, @RepMarkMeadows. https://t.co/LDkruDBk1q

— Breitbart News (@BreitbartNews) March 7, 2020

The man believed to be coronavirus patient zero in Italy is a Pakistani migrant refused to self-isolate after testing positive for the virus and continued to deliver food.https://t.co/agsIYDXphd

— Paul Joseph Watson (@PrisonPlanet) March 5, 2020

The Babylon Bee — March 5, 2020

SATIRE

Excerpt:

CHEROKEE NATION—Having dropped out of the presidential race, Elizabeth Warren rode in solitude back to her reservation, having failed to take the land back from the pale faces.

“I am sorry, my people. I have failed,” she said somberly, a single tear rolling down her cheek. “The white man still holds our land, and the very trees cry out against them. May Great Spirit grant us another chance in 4 harvests.” The Cherokee people looked confused, so she clarified: “That means years according to the Indian talk book I picked up.”

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View the complete post including image at:

https://babylonbee.com/news/warren-returns-to-tribe-in-shame-after-failing-to-retake-land-from-the-white-man

GAMBLING SITES, by Taylor Smith — March 4, 2020

Excerpt:

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One very interesting candidate here is Michelle Obama at +2500. Former president Barack Obama has had his pulse on the election in recent days despite the fact that he has yet to officially endorse a candidate.

Biden’s appeal to voters stems from the fact that he was Obama’s VP. Potentially adding Michelle Obama, arguably the single most popular figure in the entire Democratic Party, to the presidential ticket would be a massive boon for Biden’s chances of unseating Trump in the general election.

Michelle has rebuffed talk of running for office, but serving as Biden’s VP would instantly propel her back into the political spotlight.

Democrats are hell-bent on beating Trump in November. They have said on numerous occasions that this is the most important election of our lifetimes. Assuming he wins the nomination, Biden can’t afford to screw up the VP pick. Michelle Obama makes a ton of sense, if she’s willing to do it.

If you’re willing to bet on this, it’s hard to ignore Michelle as a value at +2500 odds.

View the complete article including images, links and comments at:

https://www.gamblingsites.org/blog/joe-biden-heavy-favorite-earn-democratic-presidential-nomination/

ZeroHedge, by Tyler Durden — March 3, 2020

Excerpt:

Commenting on the Fed’s emergency rate cut, which while expected was extremely unusual and only the first one since the financial crisis, Obama’s chief economic advisor Larry Summers laid out the problem Powell is facing, especially now that the Fed appears to have lost much of its remaining credibility:

Fed Risks ‘Scaring People’ With Rate Cut. My interview today on the Fed’s emergency rate-cut on @BloombergTV.

When you have limited ammunition you have to conserve it. The Fed has limited ammunition with interest rates so low.  Interest rates don’t cure the #coronovarius and interest rates don’t repair supply chains.

While Larry Summers’ opinion has been repeatedly discredited over the years, he does bring up a valid point: why is the Fed wasting half of all of its ammo just to delay what is now an inevitable crash, and why scramble with an “intermeeting” cut when it could have jawboned for the next two weeks and waited until the regular March 18 FOMC meeting. If anything, it would at least eliminate the sense of Fed panic from the equation.

Instead, as it stands “it smells like panic” as more than one Wall Street veteran put it.

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View the complete article including links and comments at:

https://www.zerohedge.com/markets/it-smells-panic-not-what-powell-had-mind

Very concise, intelligent summary by TheLastRefuge!
Is the Dem's ultimate plan to have BIDEN (Pick MICHELLE OBAMA as VP 'in a Heartbeat')– https://t.co/KkhZmGJT5Bhttps://t.co/zIaR67UYOj https://t.co/GU6oHLDkNW

— Was Obama Born In Kenya (@bsteadman) March 4, 2020