LONDON, Aug 20 (Reuters) – The Federal Reserve’s doubts over the U.S. economic recovery kept markets in the red on Thursday, even though European stock indexes spent the morning recovering from initial losses. Wall Street was knocked from its recent highs on Wednesday after the Fed’s minutes from its July meeting spooked investors by showing that the swift labour market rebound seen in May and June had likely slowed. The S&P 500 had reached an all-time high earlier in the week as prices recovered to their pre-pandemic levels. The sudden bearishness spilled into Asian markets overnight and continued in the European session, although shares started to recover as the morning progressed. MSCI’s broadest index of Asia-Pacific shares outside Japan had its biggest daily decline in five weeks while the MSCI world equity index, which tracks shares in 49 countries, was down 0.6% at 1042 GMT. Several Fed policymakers said they may need to ease monetary policy to help get the economy through the coronavirus pandemic. “It’s easy to forget that we’ve just experienced one of the largest and most severe economic shocks on record,” said Kaspar Elmgreen, head of equities at Amundi.

“This story is not over yet, despite what the markets might be indicating,” he said.“We are navigating a ship here with unusually low forward visibility and a very wide range of outcomes.”

“The key question for investors is whether the policy responses are enough to mitigate the economic damage,” BH Global, a fund managed by Brevan Howard, said in an interim report published on Thursday. “Many businesses face solvency risks that are not addressed by borrowing; a debt overhang cannot be cured by more borrowing no matter how cheap it may be,” the fund’s report added. “Improved financial conditions are narrowly focused on a handful of large companies and benefiting stakeholders who need relatively little economic assistance. The result is that financial assets are expensive by many standard metrics.

“So long as a V-shaped recovery in risky assets fails to create a V-shaped recovery in economic activity, this tension is a recipe for increased volatility,” it said, adding that the U.S. presidential elections in November could be a catalyst for such volatility. Oil prices fell, as major producers warned of a risk to demand recovery. OPEC and its allies pressed oil nations that are pumping above output targets to cut more in August to September. It will take at least two years for the euro zone to fully recover from its deepest recession on record, according to a Reuters poll of economists. Markets also remained cautious about acrimonious U.S.-China relations.  Nick Note: It seems like everyone knows what is coming but wallstreet. They are always the last to know… Thats how we make are living

“This administration has shown that it will tear our democracy down if that’s what it takes to win,” Obama said.

PHILADELPHIA — Former President Barack Obama warned Wednesday night that American democracy may not survive if President Donald Trump is reelected, a damning assessment of his successor intended to jolt Democrats into rallying around Joe Biden in the November election.”This administration has shown it will tear our democracy down if that’s what it takes to win,” Obama said in strikingly blunt, and at times emotional, remarks on the third night of the Democratic convention. Even in the heat of campaigns, former presidents are typically more restrained than other politicians in their criticisms of a sitting president. Yet Obama’s remarks – his most personal and direct critique of Trump yet – revealed the 44th president’s personal disregard for the nation’s current commander in chief and his belief that Trump presents an existential threat to American democracy. Obama’s address also amounted to a call to action to a weary and anxious nation, particularly younger Americans frustrated with a government that may often appear out of touch with their own interests. Democrats see Obama as a bridge to those voters in the 2020 race, someone who can speak both to Biden’s character and to the urgency of progressives pushing for more sweeping change to the nation’s economic and domestic policies.

“I am also asking you to believe in your own ability – to embrace your own responsibility as citizens – to make sure that the basic tenets of our democracy endure,” Obama said.

Obama forged a close personal relationship with Biden during their eight years together in the White House and has been a sounding board for him throughout the 2020 campaign. On Wednesday, Obama said that when he set out to pick a vice president, “I didn’t know I’d end up finding a brother.” Yet there’s an inherent tension in Obama’s role as one of the most powerful and important surrogates for Biden. Obama’s own political rise was fueled by the power of barrier-breaking, generational change, and he’s encouraged “new blood” in politics. More recently, Obama drew attention during the 2020 Democratic primary when he said many of the world’s problems have been due to “old people, usually old men, not getting out of the way.” With the general election now in full swing, Obama confidants say that while the former president’s support for Biden is unequivocal, he does worry about enthusiasm among younger voters, particularly younger voters of color. He’s well aware that one of the reasons Trump currently occupies the Oval Office is that those voters did not show up in the same large numbers in 2016 for Hillary Clinton as they did when he was on the ballot.

Obama was bitingly personal in his criticism of Trump, accusing him of using the presidency to seek the “attention he craves” and never putting in the work required to lead the nation, particularly in times of crisis.

Indeed, the former president has enviable popularity, both among Democrats and all Americans. A Fox News poll conducted in May found 93% of Democrats had a favorable opinion of Obama, as did 63% of all registered voters.
Despite that strong support, there has been some rethinking of Obama’s legacy among some of his party’s most liberal activists, who argue he didn’t go far enough in overhauling the nation’s health care system and gave too much away to Republicans in fiscal negotiations. Obama himself has acknowledged there was more he wanted to do, but argued he was hamstrung by the realities of a Republican-controlled House, and eventually Senate, for much of his tenure. Nick Note: I was never a big Obama fan. His Arab spring was a disaster and what he did in Benghazi allowing the  horrible deaths of U.S. Ambassador to Libya J. Christopher Stevens and U.S. Foreign Service Information Management Officer Sean Smith. who was torutred to death for hours with special forces outside the door he ordered to stand down was a disaster. But i NEVER regarded Obama as a traitor nor a threat to Americas freedoms. Trump on the other hand is a monster and a buffoon.The upcoming elections will be a disaster and their is a real chance Trump will not step down. In fact i am sure of it. All this hitting while another bigger then ever wave of coronavirus infects millions is nothing short of Event of Biblical proportions….. Heed Obama’s warnings…..

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 1.6 million barrels from the previous week. At 512.5 million barrels, U.S. crude oil inventories are about 15% above the five year average for this time of year.  U.S. crude oil refinery inputs averaged 14.5 million barrels per day during the week ending August 14, 2020 which was 171,000 barrels per day less than the previous week’s average. Refineries operated at 80.9% of their operable capacity last week. Gasoline production decreased last week, averaging 9.4 million barrels per day. Distillate fuel production decreased last week, averaging 4.7 million barrels per day. U.S. crude oil imports averaged 5.7 million barrels per day last week, up by 109,000 barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 5.6 million barrels per day, 21.7% less than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 557,000 barrels per day, and distillate fuel imports averaged 48,000 barrels per day. Total motor gasoline inventories decreased by 3.3 million barrels last week and are about 7% above the five year average for this time of year. Finished gasoline inventories increased while blending components inventories decreased last week. Distillate fuel inventories increased by 0.2 million barrels last week and are about 24% above the five year average for this time of year. Propane/propylene inventories virtually unchanged last week and are about 10% above the five year average for this time of year. Total commercial petroleum inventories decreased last week by 2.6 million barrels last week.Total products supplied over the last four-week period averaged 18.4 million barrels a day, down by 14.3% from the same period last year. Over the past four weeks, motor gasoline product supplied averaged 8.7 million barrels a day, down by 9.9% from the same period last year. Distillate fuel product supplied averaged 3.6 million barrels a day over the past four weeks, down by 6.1% from the same period last year. Jet fuel product supplied was down 47.6% compared with the same four-week period last year.

The American Petroleum Institute (API) reported on Tuesday a draw in crude oil inventories of 4.264 million barrels for the week ending August 14 A large build in gasoline inventories which offset a modest draw in crude oil inventories cooled bullish sentiment in markets somewhat on Tuesday afternoon. Oil prices were trading down on Tuesday afternoon before the API’s data release, and just minutes before the release, WTI had fallen by $0.33 (-0.77%) to $42.56. The Brent crude benchmark had fallen by $0.30 (-0.66%) to $45.07, even as OPEC showed this week that its overall July compliance rate was about as good as it could get.   Oil production in the United States now appears to be leveling off after falling from a high of 13.1 million bpd on March 13 to 10.7 million bpd on August 7, according to the Energy Information Administration—the loss adding to OPEC’s production cuts.    The API reported a build of 4.991 million barrels of gasoline for the week ending August 14. Distillate inventories were down by 964,000 barrels for the week, compared to last week’s 2.949-million-barrel draw, while Cushing inventory fell by a modest 590,000 barrels. Nick Note: As you can see they are converting crude oil into gasoline. And at the height of driving season… You see something that rarely happens:  gasoline inventories builds. As far as crude oil that is simply Saudi Arabia holding inventories off the US market to make it appear demand is increasing…. Which it is not.

As you can see in the video. Coronavirus particles big and small go in and out and around your JOKE N95 or surgical mask filter. Save yourself, Save your loved ones and save your friends and get them a mask that seals tight around the mouth and nose and the only filter the CERTIFIED P3 R that can seal out even the aerosolized nanoparticle coronavirus.

click on this link: https://www.wallstreetunderground.com/instantfree/flashemail_081720.htm

this vidEO was/is a call to arms for me. it will be repeated a million times

the freeging n95 masks don’t work. the surgical masks are worse and the cool dude bandannas are a sick joke

The National Institute of Health issued an urgent warning that MASKS DON’T PROTECT YOU from the Coronavirus. Not even the so-called gold standard of masks – the N95. Even worse, they report that “reusable” surgical masks are killing those who wear them.

See NIH study quotes below:

“The N95 filtering face piece respirators may not provide the expected protection level against small virions. Some surgical masks may let a significant fraction of airborne viruses penetrate through their filters, providing very low protection against aerosolized infectious agents in the size range of 10 to 80 nm.”

Results

“The results indicate that the penetration of virions through the National Institute for Occupational Safety and Health (NIOSH)-certified N95 respirators can exceed an expected level of 5%. The tested surgical masks showed a much higher particle penetration because they are known to be less efficient than the N95 respirators. The 2 surgical masks, which originated from the same manufacturer, showed tremendously different penetration levels of the MS2 virions: 20.5% and 84.5%, respectively, at an inhalation flow rate of 85 L/min.”

WTF

Hi Nick here. I am in a foul mood. I am really really angry. I cannot believe how people are acting especially baby boomers. We are in the crosshairs of a plague. What I believe if not already the coronavirus will soon be the deadliest  mankind has ever faced. The politicking, the misinformation and profiteering disgusts me to the core of my being.

It just don’t work a second time…..

Look you got google… if you don’t believe me google it. . To make it easy for you i redid my original offer for the only mask i believe can protect you. I included the certifications, charts of the difference. I even got a letter from the EU certified testing lab certifying the filters we provide.

I am going to tell you what i told my kids. I have done all i can do. I became a expert on this pandemic. I am the librarian and mask supplier to Hospitals and foremost medical centers. As a footnote medical staff fight over my filters and masks…  they know the truth. Back to my millennial’s. I told them here are the masks, goggles, filters and medicines and the supporting researcher]. Its on you my convenience is clear. You live you live and you die or get sick and disabled for life its not on me.

I have a solution for you. Send the complete kit to your family and say pick a chance at life or die. My conscience is clear. And that is exactly what i am doing for you. I am tired of arguing with stupid people. If you want to see the truth is as plain as day. The authorities are Not reporting the infections. They are NOT reporting the positivity rate. They are NOT reporting the hospitalizations. And they are NOT reporting the deaths.

So you really expect them to tell you the Gold Star N95 mask is a joke? Do you expect them to tell the hospitals workers that the PPE shit they provide is a even sicker joke. And they do not have the money for the right equiptment? DO you expect them to tell the poor schmucks at the hospital risking their lives and their families that reusing a N95 mask that has been processed removes the electrostatic charge and reduces it ability to filter big droplets by half????????????

take matter into your own  hands

So save yourself, loved ones and friends by following this link or sending it to them. This offer includes a free subscription to the Pandemic Informer so they can follow the truth if they care to.

Copy and paste this link to order for them or send this link t your friends:

https://www.wallstreetunderground.com/instantfree/flashemail_081720.htm

Scientific Research Shows the N95 and Surgical Masks Just Plain Don’t Work – Save Yourself and Save Your Friends

The CDC Just Issued A Coronavirus Mask Warning That’ll Scare You to Death!

Here’s What You Must Do Now to Stay Safe…

I’m so pissed off right now I can’t see straight… I mean I’m absolutely livid!

So why am I writing to you? Because what I’m about to tell you is going to piss you off too. It’s also going to scare the living crap out of you.

And if I don’t tell you what’s making me so angry, you’ll be in bigger trouble than you know. In fact, you just may end up dead.

Let me take a deep breath and explain:

We’re living through the greatest health crisis of our lifetime. The Coronavirus has infected over 5,400,000 Americans and killed a mind-boggling 170,000 with no end in sight. And the CDC says those numbers are way, way understated!

For months and months, the experts have told us there are two ways to stop the Coronavirus in its tracks:

Stay apart, stay covered and you’ll be safe, right?

WRONG!

The National Institute of Health issued an urgent warning that MASKS DON’T PROTECT YOU from the Coronavirus. Not even the so-called gold standard of masks – the N95. Even worse, they report that “reusable” surgical masks are killing those who wear them.

The N95 filtering face piece respirators may not provide the expected protection level against small virions. Some surgical masks may let a significant fraction of airborne viruses penetrate through their filters, providing very low protection against aerosolized infectious agents in the size range of 10 to 80 nm.

Results

The results indicate that the penetration of virions through the National Institute for Occupational Safety and Health (NIOSH)-certified N95 respirators can exceed an expected level of 5%. The tested surgical masks showed a much higher particle penetration because they are known to be less efficient than the N95 respirators. The 2 surgical masks, which originated from the same manufacturer, showed tremendously different penetration levels of the MS2 virions: 20.5% and 84.5%, respectively, at an inhalation flow rate of 85 L/min.

WTF is going on? We’ve been told a million times to wear a mask. Now they’re telling us that wearing them could kill us!

Does this mean that we have absolutely no defense and sooner or later we’re all going to die?

The hell it does!

I’ve got a lot of contacts. So after I calmed down, I made some calls to find out if the technology exists to protect us from this deadly virus.

The good news is, it does. But it’s not available in the U.S. That’s why you’ve never heard of it. My contact assured me that I could source a limited quantity of a brand new mask and nanoparticle (only ones made) canister filters reserved for laboratory workers and top medical personnel. And I did!

Since this is a matter of life and death, I’m offering them on a first-come first-served basis at a little above cost. I’m doing this as an emergency and humanitarian effort to save lives! We have supplies of masks and filters in stock ready for IMMEDIATE shipment that can protect you. When they are gone, they are gone, no telling when we will get resupplied.

Continue reading “Give Your Family and Friends the Gift of Life”