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JPMorgan Concludes The World Is Drowning In Too Much Debt For Stocks To Go Down Again | "More credit and more monetary stimulus in the form of QE, both imply more liquidity, i.e. extra money supply and cash balances, which in turn would result in more asset reflation."

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JP Morgan joins the list of Wall Street banks calling for the demise of 60/40 portfolio, despite its success this year

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How the Fed is driving savers to riskier investments

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Part and parcel | London Spins Out Of Control As Met Police Abandon Streets | Lawlessness, policing double-standards, and unworkable Covid-19 rules ends in chaos and anarchy...

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83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal | "We knew for years that he doesn't have much gold ― all he has is copper."

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3 Killed As Separatist Group Attacks Karachi Stock Exchange | The attack began when the men walked up to the gate in front of the exchange and fired on the guards...

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Chesapeake Files For Bankruptcy, Wiping Out $7 Billion In Debt And Any Existing Equity Value | ... as if 216,915 Robinhood traders suddenly cried out in terror and were suddenly silenced.

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What today's bailouts can do for tomorrow's economies | World Economic Forum | "The COVID-19 crisis provides an opportunity for governments to leverage bailouts to implement bold, forward-looking reforms." | Jesus fucking christ.... It's on like donkeykong

570

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Central Banker Musical Chairs: Fed Exits LBMA Board, Banque de France Joins | Gold to central bankers is like the sun to vampires. Where better to control their greatest fear than on the board of the London bullion market?

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"The More I Won, The More Mad They Got" - Dave Portnoy "Beats Dennis Gartman Like A Drum" In Hilarious Editorial | "The finance community welcomed me with open arms. But then something funny happened along the way. I started winning and they started losing."

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Who Is The Next Wirecard? | Here are some ideas.

283

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Old but gold | Too Clever By Half | Epsilon Theory

343

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EU Launches Investigation Into German Regulator That Helped Cover Up Wirecard's Historic Fraud | BaFin at times acted more like a lap dog of the corrupt Wirecard establishment than a guardian of the public trust...

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"Big News!!" - LeBron James Raises $100 Million To Build Media Empire | "Announcing the next chapter as THE SPRINGHILL COMPANY: a media company with an unapologetic agenda..." | ...SC.Holdings, the investment fund managed by entrepreneur Jason Stein....

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Wirecard Shares Plummet 80% After Company Files For Insolvency Proceedings | "We thought that Wirecard was a trustworthy company..." | Of course

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Hedge Fund Generates 34% Return Using Just AI And Machine-Learning | Did traders just become obsolete thanks to the Fed?

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Imagine if you will... "A World Where Dave Portnoy Picks Random Stocks Using Scrabble And Outperforms Hedge Funds" | With Eurasia, Eastasia, and Oceania strategic shifts in play, and for lots of other reasons, Orwell should be on our minds at present. So should Huxley.

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Why does Papa John's(PZZA) have a higher PE than Nikola(NKLA)?

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Murders Spike In NYC As Residents Flee For Suburbs | Smart money is getting the hell out of the city. | New York City Police Department (NYPD) said murders in the city increase by 79%, shootings jumped by 64%, and burglaries rose 34%. (in may)

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Robinhood Tightens Up Options Platform After Trader Suicide | "On Saturday, we learned that Alex Kearns, a Robinhood customer, died by suicide and left a note citing confusion with our product..."

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Stocks Only Go Up... | While the average account at Robinhood is small, the capital deployed and the cohesion of investing strategies is terrifying...

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Daytrading Icon Portnoy Now Using Random Scrabble Letters To Pick A Stock | "RTX comes out of the scrabble bag. Smush letters and buy it. Give it a try Ron, you might not bankrupt your clients."

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The Man Who Predicted "Mayhem" In 2020 Ten Years Ago Says A Civil War Could Be Next | “They had no reason to believe I wasn’t crazy,” back in 2010, he told Time. “People did not understand that I was making scientific predictions, not prophecies.”

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20-Year-Old Robinhood Customer Dies By Suicide After Seeing A $730,000 Negative Balance

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Exxon Mobil: I Told You To Sell At $88, Now I'm Telling You To Buy At $48 (NYSE:XOM)

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