Walmart To Launch Drive-In Movie Screenings In 160 Store Parking Lots

Source:   Eric Quintanar Beginning in August, Walmart will be turning select parking lots into outdoor drive-in movie theaters as part of a move to help families get out of the house while adhering to coronavirus precautions, the retail chain announced Thursday. In a press release, Walmart revealed that it plans to hold 320 family-friendly movie screenings at 160 locations across the country in partnership with the media group Tribeca Enterprises, the group that hosts the Tribeca Film Festival.  “Summer hasn’t really felt like summer yet, and I know I hear…

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HITTING AIR POCKETS: Masses Choking – DEATH BY DEBT!

Source: Tom Beck There are no BOOM AND BUST cycles anymore, at least not in the way you were taught that they NORMALLY BEHAVE. Traditionally, credit contracts, then profits shrink, the stock market falls, and personal income dries up last, as companies are forced to lay off people. The response is, therefore, pretty straightforward in those cases: the banks expand credit, profits grow, the market recovers, and income levels flow once more, as companies hire. This pandemic has changed all of that. Credit is ACTUALLY EXPANDING while income levels have…

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BULLSHIT DETECTOR: IMF Warns Global Recession WORST EVER!

Source: Tom Beck Retail investors are SIGNING their own DEATH WARRANT right now. On every GREEN DAY, they’re doubling down and on each BLOODY RED SCREEN, they’re buying the dip. I was 16 when the Dotcom niche was raging and I remember that EVERYONE was talking about it, but I didn’t get to FEEL IT. In 2017, I was seeing it FIRST-HAND with cryptocurrencies. Right now, it smells like we’re in the midst of the bubble TOWARDS THE END. Courtesy: Zerohedge.com As much as we are all aware that Facebook,…

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RUN THE GAMUT: Reversing Reopening – I’M SICK OF IT!

Source: James Davis Not all businesses are built alike. Some industries are CAPITAL-INTENSIVE and operate on thin margins, deterring new entrants since it’s NEARLY IMPOSSIBLE to compete with the efficient dominators in the field. Other businesses have thick margins but are seasonal, while a small few have both wide margins and consistent clientele since they’ve built a MOAT (a world-class brand). In capitalism, the chance at making profits pushes new entrepreneurs to innovate, differentiate, and figure out how to manufacture a product or deliver a service in a way that…

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HIGH-LEVEL SEDUCTION: Retail Investors Conditioned – TERRIBLE!

Source: Tom Beck The retail public is feeling PRETTY DARN good at the moment. Anything they bought in April and May is up big! What the retail public, especially 30-40-year-olds have been taught since 2009, is that DIPS are to be BOUGHT, because Mother Goose will make sure those prices FLY OFF THE CHARTS. The lesson they’ve been experiencing for 12 years is that the Federal Reserve will make everything better, so unlike the baby boomers, who are retired and HATE VOLATILITY, the younger generations are buying. What are they…

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WaPo Blasted For Fake “Grim” News As Huge Drop In Unemployment Rate Stuns

The Washington Post tried to spread fake news yesterday, posting that unemployment rose to 20 percent, but the real numbers show an incredible drop, with 2.5 million jobs added! Source: Georgette Yesterday, after they had the facts, the Washington Post claimed that unemployment rose to 20 percent… But, that was a HUGE lie. In fact, the unemployment rate dropped to 13.5 percent, a number that stunned the nation, and showed how awesome President Trump is for the economy, despite the manufactured attempts to destroy it. Of course, democrats immediately claimed that it had nothing to do with…

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A Deliberately Bankrupted America

Source: Mark Jarrett Why are the cities burning? African Americans have been a part of our history since our nation’s founding — they fought for independence. They are found on the Supreme Court, in military leadership, as prominent mayors, Members of Congress, academics, authors, cabinet secretaries, ambassadors, police chiefs, surgeons, business owners, entertainers, athletes, astronauts, and CEOs. A 75% white America even voted twice to choose an African American leader. If so much progress has been made, why are the nation’s cities — some led by African American mayors, with a diverse police force often led by non-white police chiefs — burning? Could this be the end…

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Unemployment Falls to 13.3% and Economy Adds 2.5 Million Jobs

Source: John Carney The unemployment rate fell to 13.3 percent and payrolls unexpectedly rose by 2.5 million workers as the easing of restrictions on business activity and government aid led to new hiring in May. The U.S. unemployment rate fell below last month’s record-high 14.7 percent, which was the highest on record in data going back to 1948. Economists estimate that the unemployment rate reached 25 percent during the Great Depression, although that predated the scientific economy-wide record keeping the government now deploys. The job gains mark a sudden turnaround…

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Here are the House Republicans Who Want to Flood the Country with Cheap Labor While Americans Struggle

Source:  Jose Nino John Binder of Breitbart News reported that 37 House Republicans have teamed up with nine Republican Senators in pushing the White House to bring in foreign workers to America while nearly 40 million Americans are unemployed Republican elected officials such as Kansas congressman Roger Marshall, New York congresswoman Elise Stefanik, and New York congressman Peter King asked businesses to continue to be allowed to bring in low-skilled foreigners through the H-2B visa program in a time when millions of Americans are unemployed. Marshall is currently running in the Senate primary…

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The Economic Fallout of the Lockdown and Riots will not Diminish Support for Trump

Source: Steve McCann Since November 9, 2016, the nation’s elites have been obsessively determined to either use the unchecked clout of the deep state to force Donald Trump to resign, or failing that, so besmirch him and his voter base as to ensure his defeat in 2020.  For the first three years of the Trump presidency both stratagems were employed in tandem.  However, with the abject failure of the Russian collusion hoax and the Ukrainian impeachment fiasco, these conspirators are now left with relying on the besmirchment option and doing…

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Top Obama Economist Warns Democrats: You’re About to See the Best Economic Data in American History

Source: True Pundit Jason Furman, a former chair of the Council of Economic Advisers under Barack Obama, is telling anyone who will listen that the American economy is set to explode. And Democrats don’t want to hear that. At all. Furman, now a professor at Harvard, actually made the prediction in early April when things were just starting to head downhill due to Democrat governors’ efforts to stymie the economy by shutting down every phase. “We are about to see the best economic data we’ve seen in the history of…

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Trump Administration Warming to Prospect of Second TrumpBux Payment

Trump had earlier considered a payroll tax. Source:  Richard Moorhead President Donald Trump suggested on Thursday that he supports a second round of direct ‘TrumpBux’ payments to individuals, a stimulus measure first utilized in March to mitigate the effects of the coronavirus recession. Most U.S. taxpayers have already received a $1,200 payment from the federal government as part of the CARES Act. When asked about the prospect of another round of payments, the President said “I think we’re going to be helping people out” and “getting some money for them.” The fourth…

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U.S. Unemployment Will Top 20% In June, White House Adviser Says

Source:   Joseph Curl Senior White House economic adviser Kevin Hassett on Sunday predicted the unemployment rate in the U.S. will soar above 20% in June, despite the fact that all 50 states have begun to move toward reopening their economies. “It’s going to be quite a bit higher,” Hassett said on CNN. “There were some technical things they kind of messed up, but it could be, if they fix the numbers, that you’ll end up with a number north of 20%.” But he offered a bit of good news, too. “My…

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Global Business Downturn Shows Signs of Easing As Lockdowns Lift

Source: ET Business activity in Europe and Japan, as measured by purchasing managers index (PMI) data, declined for the third straight month due to COVID-19 shutdowns, but did so at a slowing pace, reflecting a gradual economic pickup as lockdowns lift. “The eurozone saw a further collapse of business activity in May but the survey data at least brought reassuring signs that the downturn likely bottomed out in April,” said Chris Williamson, chief business economist at IHS Markit, which released its PMI survey of eurozone business activity on Wednesday (pdf). The outbreak of…

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MNUCHIN: EMPLOYEES WHO REFUSE TO GO BACK TO WORK WILL LOSE UNEMPLOYMENT BENEFITS

Extra $600 a week created an incentive for many to not go back to work since they were now getting paid more to stay home Source: Kit Daniels | Infowars.com Employees who refuse to go back to work for businesses receiving Payroll Protection Program funds will now lose their unemployment benefits, Treasury Secretary Steven Mnuchin revealed. The change in policy comes after many workers rejected pleas from business owners to come back to their jobs because they were making more money from federal unemployment. “If you offer a person a job……

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Is COVID-19 Accelerating the End of Neoliberalism?

Governments are now spending trillions in to manage the fallout from COVID-19 crisis. But how long can this last? Is western society moving into the era of bigger government and sweeping state intervention in markets and infrastructure? Can globalization really be unwound that easily, and is the last four decades of ‘pro-market’ neoliberal reforms coming to end? If so, what is coming next? The Agenda host Steve Paikin talks with Conservative economist Sean Speer, and Bhaskar Sunkara, author of “The Socialist Manifesto,” for a North American perspective on how the…

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COLD WATER FIREHOSE: MARKET REALITY CHECK – AMERICA SEDATED!

This article was contributed by Lior Gantz with The Wealth Research Group. The BULLSHIT is finally reaching the mainstream. For the past 2-3 weeks, YouTube has been TAKING DOWN a substantial amount of content from LEGITIMATE channels, who have ventured into CONSPIRATORIAL, sensitive-type debates with guests, which typically do not appear on mainstream platforms. The lines between mainstream and alternative are getting blurry. The point is that the public is waking up, and it’s INTERESTING TO WATCH from the sidelines since we’ve known for many years that propaganda is real and that billions are spent…

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SELLING FEROCIOUSLY: TAKING PROFITS – MARKET FUNERAL!

Source: James Davis Pump gasoline in the tank because this is GOING TO BE a long, winding road until we RESUME NORMALCY. We had the chance to LOAD UP at the lows when the rest of the world was selling, acting AS CONTRARIANS should, picking up stocks at 30%-50% BELOW their February highs before the FED launched the bazookas, but most of the rebound impact is now BEHIND US; time to lock gains on these short-term, FED-induced profits.   I expect MUCH MORE stimulus to come from Washington, which is going to need to SUCK-UP…

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FINAL STRAW: SUCKERS BUYING – VETERANS JUMPING SHIP!

This article was originally contributed by Lior Gantz of The Wealth Research Group.  The markets have GONE UP, almost in a straight line, since the March 23rd lows. Who’s been doing all the buying? Institutional money has been SELLING into strength, so we know FOR SURE it’s not them. Hedge funds have turned even MORE BEARISH, so it’s absolutely not them. Buybacks from the likes of Apple Inc. are back, so that’s part of it, but is that the only explanation? Retail investors, the younger demographics, are RUSHING BACK, thinking that every blue-chip company that is down…

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Economists: The Way Out of The Recession Depends on Level of Fear

Source: Mac Slavo Some economists say that in order to beat this recession, consumers have to be in a less fearful state.  Considering most turn on the TV or their phone first thing in the morning for their daily dose of mainstream media’s propagandized weapon of fear, it’s not looking good. According to CNBC, an outlet that’s propagated and weaponized fear for the elitists, the recovery, economists say, will depend on individual psychology, overall consumer confidence, and also whether the government was successful enough in filling the income gap for…

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SATANIC OVERLORDS: Dust Settling – TRUMP SHREDS CHINA!

Source: Lior Gantz The Markets Are Out of Adrenaline! UNTIL the fear of a TERRIBLE 2nd wave dissipates, we expect the market to trade in a range. We don’t anticipate a breakout, but we don’t really envision FALLOUT either. As it stands, the market consensus reflects the following: First Wave Behind Us: Panic selling is over and DONE WITH (for the most part). Those who wanted out have done so. Globally, central banks have STEPPED UP and provided all the liquidity needed to avoid doomsday. CONFIDENCE is back. Recession Is…

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30 Million Jobs Lost Due To Fear, Panic, & Government Tyranny

Source: Mac Slavo It’s become quite apparent that there was never an excuse to impose the draconian lockdowns. This was economic terrorism by the ruling class, and the damage has been done. Thirty million people have already lost their jobs as tyranny came crashing down upon them. According to the government’s number, and as reported by Breitbart, new claims for unemployment benefits fell to 3.84 million in the week ended April 25, data from the Department of Labor showed Thursday. That brings new unemployment claims, a proxy for layoffs, over…

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Jared Kushner: The Country Will Be ‘Really Rocking Again’ In June

Source:  Paul Bois Delivering a much-needed dose of hope and good news, son-in-law to President Trump and White House senior adviser Jared Kushner predicted on Wednesday that the country would be back on its feet in June. Speaking on “Fox & Friends,” Kushner said that as the month of May unfolds, states will slowly reopen in different phases, a process that will become more streamlined and uniform in the month of June. “I think what you’ll see in May as the states are reopening now is May will be a…

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About Half Of Households Have Lost Income To The Coronavirus

Source: Tim Pearce Half of American adults report that either they or someone in their household has lost a job or income due to the impact of the coronavirus. Marist College surveyed 1,008 adults across the United States by phone in a poll sponsored by NPR and PBS NewsHour. The results, released on Wednesday, show that the economic impact of the coronavirus has hit about half of U.S. households as some states begin the early stages of reopening their economies. “There are few households in the country that haven’t been…

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Universal Pictures Reveals New Streaming Plans. AMC Theatres Responds With Boycott.

Source:  Eric Quintanar After Universal Pictures decided to send “Trolls World Tour” directly to pay-per-view streaming instead of postponing its April 10 release, theaters got nervous about the implications for the movie-going industry. They may have been justified. As of Tuesday, the “Trolls World Tour” movie has raised nearly $100 million after direct-streaming for only three weeks, a mere fraction of the time it took the original movie to raise an equal amount, reports The Wall Street Journal. And, in response to the movie’s smashing success, Universal Pictures now says that…

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Treasury Secretary Mnuchin: Economy Going To Quickly Bounce Back Over The Summer

Source: nworeport Treasury Secretary Steven Mnuchin told Fox News anchor Chris Wallace on Sunday that he believes that the economy is going to bounce back quickly over the summer as states start to reopen. “I think as we begin to reopen the economy in May and June, you’re going to see the economy really bounce back in July, August, September,” Mnuchin said. “And we are putting in a unprecedented amount of fiscal relief into the economy. You’re seeing trillions of dollars that’s making its way into the economy, and I…

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Georgia, Oklahoma, and Alaska Leaders Begin to Open Their States

‘We can live in fear for a long time or we can trust that everything is going to be OK…’ (Liberty Headlines) Georgia, Oklahoma and Alaska began loosening lockdown orders Friday on their pandemic-wounded businesses. Republican governors in Georgia and Oklahoma allowed salons, spas and barbershops to reopen, while Alaska opened the way for restaurants to resume dine-in service and retail shops and other businesses to open their doors, all with limitations. Some Alaska municipalities chose to maintain stricter rules. Though limited in scope, and subject to social-distancing restrictions, the…

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CBO Says Deficit to Reach $3.7 Trillion in Economic Decline

No agreement on what levels of debt are sustainable… (Associated Press) A recession caused by the coronavirus pandemic and a government spending spree on testing, health care and aid to businesses and households will nearly quadruple the federal budget deficit to $3.7 trillion, the Congressional Budget Office said Friday. Among the legacies of the outbreak, a CBO report says, is a pile of trillions of dollars of debt, amassed by a political system that has proved incapable of taking even small steps to constrain this problem. The 2020 budget deficit will explode after four coronavirus response bills passed by…

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WATCH: Alabama RINO Tommy Tuberville Suggested America Needs 400,000 Foreign Visa Workers

Tuberville believes “immigration is good, done the right way.” At what cost? Source: Richard Moorhead Football coach and Alabama Senate candidate Tommy Tuberville appeared to endorse the notion of admitting 400,000 Indian visa workers to the United States in remarks made on an Alabama politics podcast in December, claiming that current rates of illegal immigration are the only factor stopping the country from bringing in the large pool of workers. Video Player 00:00 02:06 “We have 400,000 people in India that are educated, well trained… That want to come here.…

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Senate Approves $484 Billion Coronavirus Phase 3.5, Bill

Source: Expected to be voted on in the House on Thursday. Via Daily Caller: The Senate passed a $484 billion coronavirus phase 3.5 package Tuesday to help people and businesses struggling across the country. The bill was passed on a voice vote on the Senate floor. Congress and the White House reached an agreement earlier Tuesday. The legislation includes $310 billion for the Paycheck Protection Program (PPP), which White House officials told the Daily Caller will feature $60 billion carved out for institutions with less than $50 billion in total…

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