We are already a week into June, but so far there are no serious developments on the second coronavirus stimulus…
Continue ReadingThese states have the most unfunded public pension liabilities
Unfunded public pension liabilities for states amount to $4.9 trillion or $15,080 per person in the U.S., according to the…
Continue ReadingLas Vegas Real Estate in May: Sales down 49% YoY, Inventory down 22% YoY
Note: Las Vegas saw a significant decline in visitor and convention traffic due to COVID-19 in the 2nd half of…
Continue ReadingThe Fastest Stock Market Ever
Back in March I wrote about how we had just entered the fastest bear market ever. Not in my wildest…
Continue ReadingOct. 15 is deadline to get stimulus payment for IRS non-filers
The Treasury Department has already sent out about 159 million stimulus payments worth more than $267 billion. However, there are…
Continue ReadingRound 2 of IRS stimulus checks looks doubtful
Hope for a round 2 of IRS stimulus checks has been put on hold. The longer lawmakers wait to act,…
Continue ReadingSunday Night Futures
Weekend:• Schedule for Week of June 7, 2020 Monday:• No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg…
Continue ReadingJune 7 COVID-19 Test Results
Note: I started posting this graph when the US was doing a few thousand tests per day. Clearly the US…
Continue ReadingAt the Edge of Chaos: For the Bears, It’s Back to the Drawing Board
I’ve been bullish on this market since soon after the mid-March bottom. However, I’m not taking a victory lap, as…
Continue ReadingThis Pharma Stocks Offers A Potentially Profitable Hedged Option Setup
Piramal Enterprises Limited — PEL.IN The stock has under-performed the Pharma Index over the past couple of weeks. Against the…
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