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WSJ teased the deal last night...

Gold has had a great run over the past year. Gold prices have risen in every single currency on earth and in many currencies gold prices are up well over 30 percent from last summer.

... loan loss provisions, combined with slower economic activity, could weigh heavily on their bottom lines...

Test flights start in 2024.  

"Consensus forecasts S&P 500 EPS will decline by 44% year/year in 2Q, but we believe earnings will fall by 60% in the quarter... Management commentary will prove more valuable than backward-looking results."

"In the end, NBC’s viewers were left with two very alarming – and false – impressions..."

Markets expect deep scarring in the US and global economy for years to come.

The only thing uniting Americans is a belief that China is an adversary. Now Bannon says we’re building a case that Covid was caused by a lab leak. "Trump just chose to double down on a culture war."

"The supply of money will now be set, for the foreseeable future, by democratically elected politicians seeking re-election."

...growing shortfall between apocalyptic pandemic predictions and the vastly more destructive policies implemented in observance of them...

The greater fools still partying in the first-class lounge are in denial that even the greatest, most technologically advanced ship can sink...

"There’s going to be a scramble for market share, and the trick is how the low cost producers assert themselves without crashing the oil price."

"We are very unhappy with China." 

So far, the current economic situation, and the governmental response, compares with the run-in to the depression of the 1930s. Yet to come in the repetitious credit cycle is the collapse in financial asset values and a banking crisis.

"At the port of Antibes, this luxury enclave did not escape the consequences of the Covid-19." 

Porter Stansberry's "best friend" Rey Rivera mysteriously wound up dead in 2006. Netflix re-visits the case on its Unsolved Mysteries reboot...

"Given that younger people will be suffering most from the economic impact of Covid-19 for many years to come, we wonder how history will judge the global response."

Where on the irony-o-meter does one rate an essay that decries the “right-wing myth” of cancel culture by mass-denouncing a gymnasium full of intellectuals as problematic? 

If you study economic history, then you are likely to realize that such relationship between money supply and asset prices has no real foundations.

"The economy is grinding, slowing down, we’re lurching in and out of Covid, yet the tech market makes new highs every day. That’s a classic speculative bubble."