Thursday, May 7, 2020
China’s $1 Trillion Of U.S. Treasuries Are A Bet On Trump’s Casino That May Go Bust
https://www.forbes.com/sites/williampesek/2020/05/06/chinas-1-trillion-of-us-treasuries-are-a-bet-on-trumps-casino-that-may-go-bust/
Wednesday, May 6, 2020
Coronavirus: China could cut US debt holdings in response to White House Covid-19 compensation threats, analysts say
https://www.scmp.com/economy/china-economy/article/3083100/coronavirus-china-could-cut-us-debt-holdings-response-white
College students are unimpressed by their online classes — and now some are filing lawsuits seeking tuition refunds
https://www.businessinsider.com/unimpressed-by-online-classes-college-students-seek-refunds-2020-5
Buffets were already on their way out. The coronavirus pandemic may have dealt them a final blow.
https://www.businessinsider.com/coronavirus-pandemic-may-spell-death-for-buffet-restaurants-2020-5
Three Of The Four Largest US Oil And Gas Producers Are Facing Multimillion- And Multibillion-Dollar Losses
https://dailycaller.com/2020/05/05/exxon-chevron-oil-prices-phillips66/
Harrison: We've Reached The Insolvency Phase
https://seekingalpha.com/article/4343305-harrison-reached-insolvency-phase?utm_source=smartnews.com&utm_medium=referral
Tuesday, May 5, 2020
Pastors, business owners, and local leaders in a small Georgia city have joined forces to keep the city closed even as the state reopens
https://www.insider.com/georgia-city-elects-to-keep-their-businesses-closed-2020-5
‘A nation of magical thinkers’: Michigan professor warns of ‘apocalyptic’ disregard for truth
https://www.rawstory.com/2020/05/a-nation-of-magical-thinkers-michigan-professor-warns-of-apocalyptic-disregard-for-truth/
Negative interest rates: Banks are coming for your money
https://decrypt.co/27587/negative-interest-rates-banks-are-coming-for-your-money
Why Canceling Debt Held by China Would Be ‘Worse Than Telling People to Drink Bleach’
http://www.thefiscaltimes.com/2020/05/01/Why-Canceling-Debt-Held-China-Would-Be-Worse-Telling-People-Drink-Bleach
Why Assets Will Crash
https://seekingalpha.com/article/4342639-why-assets-will-crash?utm_source=smartnews.com&utm_medium=referral
Monday, May 4, 2020
Colleges gamble on reopening this fall
https://www.axios.com/colleges-reopen-coronavirus-bf9ae15e-0a47-4074-b8fd-9275395420fb.html
Giant ‘murder hornet’ is in U.S. to stay, will eventually reach East Coast, experts say
https://www.marketwatch.com/story/giant-murder-hornet-is-in-us-to-stay-will-eventually-reach-east-coast-experts-say-2020-05-03
It's time to reject the gods of commerce: America is a society, not an "economy"
https://www.salon.com/2020/05/02/its-time-to-reject-the-gods-of-commerce-america-is-a-society-not-an-economy/
Coronavirus coffee farmer: 'We're definitely scared' - BBC News
https://www.bbc.co.uk/news/business-52442123
Citizens may have to nominate 10 friends to isolate with mid-lockdown, causing a potential social ‘nightmare’
https://www.marketwatch.com/story/citizens-may-have-to-nominate-10-friends-to-isolate-with-mid-lockdown-causing-a-potential-social-nightmare-2020-05-04
Breakingviews - America could actually shirk its debts to China
https://www.reuters.com/article/us-united-states-china-debt-breakingview-idUSKBN22G05Q
Donald Trump And The Fed Could Be About To Destroy The U.S. Banking System
https://www.forbes.com/sites/billybambrough/2020/05/03/donald-trump-and-the-fed-could-be-about-to-destroy-the-us-banking-system/
Sunday, May 3, 2020
Fears Mount About Inflation Returning With a Vengeance
https://www.bloomberg.com/news/articles/2020-05-03/sum-of-all-fears-still-can-t-dispel-speculation-about-inflation
We "don't have enough information yet" on immunity, a senior medic has warned | inews
https://inews.co.uk/news/health/we-dont-have-enough-information-yet-on-immunity-a-senior-medic-has-warned-2787219
A State Pension Bailout Even Mitch McConnell Can Support
https://www.forbes.com/sites/edwardsiedle/2020/05/01/a-state-pension-bailout-even-mitch-mcconnell-can-support/
Donald Trump's four-step plan to reopen the US economy – and why it will be lethal
https://www.theguardian.com/commentisfree/2020/may/03/donald-trump-reopen-us-economy-lethal-robert-reich
Saturday, May 2, 2020
Congress needs to send state governments billions of dollars to avoid an economic disaster
https://www.businessinsider.com/states-need-at-least-billions-avoid-coronavirus-economic-disaster-2020-5
The U.S. Is Not Headed Toward a New Great Depression
https://hbr.org/2020/05/the-u-s-is-not-headed-toward-a-new-great-depression
Global markets recoil as Trump threatens US-China trade war
https://www.theguardian.com/business/2020/may/01/global-markets-donald-trump-us-china-trade-war-coronavirus-covid-19
Welcome to the most expensive US stock market in two decades
https://www.cnn.com/2020/05/01/investing/stock-market-recession-coronavirus/index.html
Trump admin is now pressuring factories in Mexico to reopen as workers there keep dying
https://www.dailykos.com/story/2020/5/1/1941817/-Trump-admin-is-now-pressuring-factories-in-Mexico-to-reopen-as-workers-there-keep-dying
Reopening States Before June Would Save Millions Of Jobs But Result In Hundreds Of Thousands More Coronavirus Deaths: Report
https://www.forbes.com/sites/sergeiklebnikov/2020/05/01/reopening-states-before-june-would-save-millions-of-jobs-but-result-in-hundreds-of-thousands-more-coronavirus-deaths-report/
Grubhub receipt sparks outrage as it reveals the company took a $666 cut from a pizza restaurant's $1,042 in total orders
https://www.businessinsider.com/pizza-trucks-grubhub-earnings-statement-causes-twitter-outrage-2020-5
Friday, May 1, 2020
Governments Could Bring Supply Chains Home. It Would Defy Economic Rationality.
https://www.barrons.com/articles/will-supply-chains-come-home-after-the-coronavirus-recession-51588327200
Record New York Sugar Delivery Gives Bears Even More Ammunition
https://www.bloomberg.com/news/articles/2020-05-01/record-new-york-sugar-delivery-gives-bears-even-more-ammunition
Wells Fargo will no longer accept applications for home equity lines of credit
https://www.cnbc.com/2020/04/30/wells-fargo-says-it-will-no-longer-accept-applications-for-home-equity-lines-of-credit.html
‘Don’t be fooled!’ A 40% drop could hit by next year after this bear-market rally fades, veteran economist warns
https://www.marketwatch.com/story/dont-be-fooled-a-40-drop-could-hit-by-next-year-after-this-bear-market-rally-fades-veteran-economist-warns-2020-04-30
NJ student seeks tuition refund from MSU for moving to online classes
https://www.usatoday.com/story/news/education/2020/04/30/coronavirus-student-seeks-tuition-refund-msu-moving-online-classes/3054709001/?utm_source=AMP&utm_medium=UpNext
COVID-19 crisis sparks ‘early retirement’ wave
https://www.marketwatch.com/story/covid-19-crisis-sparks-early-retirement-wave-2020-04-30
Food workers say they would rather starve than go back to work
https://www.dailymail.co.uk/news/article-8273699/Food-workers-say-Donald-Trump-sacrificing-lives-profit-reopening-plants.html
Amazon sales rise 26% to $75B; profits plunge 30%; Bezos calls crisis ‘hardest time we’ve ever faced’
https://www.geekwire.com/2020/amazon-sales-rise-26-75b-profits-plunge-30-bezos-calls-crisis-hardest-time-weve-ever-faced/
'Inflation bomb' could finally blow up, says J.P. Morgan; what happens next? | Kitco News
https://www.kitco.com/news/2020-04-30/-Inflation-bomb-could-finally-blow-up-says-J-P-Morgan-what-happens-next.html
Expert report predicts up to two more years of pandemic misery
https://www.cnn.com/2020/04/30/health/report-covid-two-more-years/index.html
Cramer says his most trusted indicator ‘makes me concerned’ about the market’s trajectory
https://www.cnbc.com/2020/04/30/jim-cramer-says-his-most-trusted-market-indicator-makes-me-concerned.html
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