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Why SeaWorld and Six Flags Jumped 10% Out of the Gate on 4/29

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America's Super-Rich See Their Wealth Rise $282 Billion In Three Weeks Of Pandemic | ...meanwhile, over 26 million Americans filed for unemployment.

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The average 401(k) balance by age

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The Twilight-Zone Economies Evolving From COVID-19 | Currently, our economy is caught somewhere in the Twilight-Zone, a place that exists for moments but where wrong decisions often lead to madness. | Helicopter money tends to get sucked up by those who need it least.

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GOP Senator Demands DoJ Launch Antitrust Probe Into Amazon Over Evidence Company Lied To Congress | This is not a good look for AMZN...

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First Negative Oil Prices, Now Sicily Will Pay Tourists To Visit | It is only appropriate that the birthplace of the Italian mafia has come up with the tourism equivalent of the WTI deliverable contract.

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China Threatens Australia Over 'Dangerous' Investigation Into Coronavirus | Maybe the ordinary people will say 'Why should we drink Australian wine? Eat Australian beef?'

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Narrative Managers Argue China-Like Internet Censorship Is Needed | Freedom of speech is actually about freedom of thought. Speech is the carrying agent of thought; controlling human communication is actually about controlling the spread of ideas...

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Microsoft wins five-year deal with Coca-Cola to supply business software

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Saudi Arabia Buys $500 Million Stake in Live Nation, Stock Rises

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200,000 Retail Investors Hoping To Buy The F**king Dip In USO End Up Just Getting F**ked | 200,000 retail investors can be wrong.

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Does Elon Musk Risk Becoming A Chinese Government Asset? | A new article explores how Tesla could inadvertently wind up becoming a Chinese company...

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Buffett, Zimbabwe, & What You Must Know About 'Zeros' In The Years Ahead | Indeed, Howard Buffett was right all along. This is how zeros work when governments conspire to destroy money...

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Gold to reach US$3,000 — 50% above its record, Bank of America says - BNN Bloomberg

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Peter Schiff: Gold Is The "No-Brainer" Investment | "...everything that is happening right now in the economy, with central banks, is extremely bullish for gold. There is no question about it..."

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First BNP, Now SocGen: French Banks Suffer Huge Losses As Derivative Trade Blows Up | Three things are guaranteed: death, taxes and French banks - the world's so-called "derivative gurus" - losing boatloads of money any time the VIX spikes.

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Oil futures contract expiring Tuesday dives more than 40% to under $11 as coronavirus ravages demand

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Banks Will Not Bail Out The Economy | These days, we hear a lot that banks were the problem in the 2008 crisis and now they are the part of the solution...

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Historic Oil Crash Sends Canadian Oil Prices Negative | Black gold is turning into red blood.

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Gulf States Report Alarming Jump In Coronavirus Cases As 1/5th Of World Takes First Steps Toward Reopening: Live Updates | Merkel is urging Germany to maybe rethink its reopening trajectory as some of the first 'non-essential' shops reopen in Deutscheland,

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Rabobank: "Game Over, Man, Game Over" | If we really are seeing 'game over' for US-China relations post-COVID then at some point markets are going to go into fast-forward again….and this time they can’t bully the Fed into cutting rates to zero because we are already there.

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Von Greyerz: A Hyperinflationary Depression Has Always Been The Inevitable Endgame | ...you are not holding gold to measure the gains in debased paper money. Instead you are holding physical gold as insurance against a broken financial system that is unlikely to be repaired for a very long time...

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"Lethal For Bullion Banks" - The Looming $600 Trillion Derivatives Crisis | ...an unimaginable sum. Central banks are on course to destroy their currencies through unlimited monetary expansion, lethal for bullion banks with fractionally reserved unallocated gold accounts...

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Bearish FinTwit Oil Traders Make Millions On Oil's Collapse | “I’ve made a lot more money shorting energy stocks than my entire career working 9-5. It was like picking money up off the street.”

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Kohl's enters into $1.5 billion credit agreement during corovanirus

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