December 10, 2024

Coronavirus
Rand Paul’s coronavirus diagnosis sends shockwaves through Senate
U.S. coronavirus cases most in world, overtaking China and Italy
Coronavirus exacts heavy toll in Albany

World
Germany’s Merkel in quarantine after doctor tests positive for coronavirus
Germany Bans Groups of More Than 2
India locks down over 100 million people
Total ban of coming out of your homes for India
India’s central bank unexpectedly cuts rates
Prime Minister Boris Johnson has tested positive
South Africa Goes Into 3-Week Lockdown
Bank of Canada cuts rates, starts buying bonds
South African military on streets as 21-day lockdown begins

Business/Finance
Unemployment could reach 30% in the U.S., says St. Louis Fed’s Bullard
U.S. mortgage bond market in turmoil
Behind the urge to stockpile: First masks, then toilet paper, now cash?
Airlines Carnage Deepens With Emirates, Singapore Air Cuts
Fed, saying aggressive action is needed, starts unlimited QE
Zillow to pause home buying in all markets
Boeing plans two-week shutdown of factories
Dow rebounds more than 11% in best day since 1933
Bernanke says this is no Great Depression
Cheesecake Factory Tells Landlords It Won’t Pay April Rent After Loss of Income
Share buyback frenzy halts as fund managers urge caution
3.28 million Americans applied for unemployment
Mnuchin says jobless claims data is not relevant
The S&P 500 had its best three-day run since 1933, buoyed by a huge stimulus plan, as investors looked past record unemployment claims.
GM extends shutdown indefinitely
Dealers Run Out Of Securities To Use In Fed Repo Operations
Fed’s term repo operation receives no bids for first time

Government
Mnuchin confident that stimulus package will keep economy afloat until coronavirus passes
Emergency Economic Rescue Plan in Limbo as Democrats Block Action
Sen. Kelly Loeffler under fire for stock trades
EPA has stopped enforcing environmental laws
Trump signs $2T coronavirus relief package

Sports
Tokyo 2020 Olympics are postponed

Lockdowns
A Guide to State Coronavirus Lockdowns
Ohio becomes sixth US state to declare coronavirus lockdown
Atlanta placed under ‘stay-at-home’ order

Closures
The list of retail chains closing grows. What’s still open?

Gold
Payments-Panic & The Endgame Of Fiat Currencies
Royal Canadian Mint shuts down production for two weeks

Guns
Gun sales on the rise as coronavirus concerns spread
NJ – NICS Check Shutdown

Videos
Super Depression Coming – Economic Reality – Entitlement Society – Bank Runs
The Next Black Swan Event: Adam Baratta

Op-ed
This Is Not a Recession. It’s an Ice Age.
The unprecedented number of CEOs resigning was because they knew a plot to tank the economy was in place.
Insanity: Stocks Enter New Bull Market On Day Initial Claims Hit 3.3 Million
Welcome To The War On Death
This isn’t your ordinary recession — the U.S. is now experiencing a economic meltdown more typical of a Third World natural disaster