Shorting with no uptick required…creating chaos and damaging markets This first paragraph is a letter we received from a professional investor and money manager for many decades. As follows:  The question is and always has been are the stock markets primarily for the investing public or for the banks’ and brokerage houses’ profits from their trading desks. The answer is obvious as people believe more than ever that the investing public is more than ever and by far the last in line when dealing with the banks and brokerages which function first and foremast for their own profits.

  Italy — a reason it happened  THIS ARTICLE REPORTED AS WRITTEN BY GIACOMINO NICOLAZZO, ONE OF ITALY’S MOST BELOVED WRITERS. The dirty untold secret about how Chinese sweat shop laborers from Wuhan, working in the Italian garment industry, brought COVID-19 to Northern Italy as early as January 2020.  Is this living proof that the CCP kept a lid on this virus & allowed it to ravage Northern Italy as explained hereunder. NOTE: Italy COVID-19 stats (4/3/2020).Total confirmed 119,827 mortalities 14,681 ratio of this death rate is highest in the world at 12.25% Subject: Italy’s Lost…. Most towns here in Italy, from the upper reaches of the Alps to the ancient shores of Sicilia and Sardenia, while not deserted, are closer to being ghost towns than the bustling centers of tourism, business and daily life they were just a few weeks ago. Stores and shops have been shuttered. Restaurants and coffee shops no longer serve customers. Schools, universities, sporting arenas…even our museums and theaters…all closed.                                                                         Even the Vatican City has closed its gates and armed patrols monitor the 20 foot tall walls that protect it! Streets and roads are now empty for as far as the eye can see. Normally they would be filled with crazed Italian drivers in tiny cars and scooters (the ones that sound like demonic insects) darting here and there, reaching the limits of centrifugal force on our roundabouts. In the piazze of our towns and cities, there are now officially more pigeons than people. […]

This is an excellent in-depth analysis and overview of what is really going on by Robert Brusca. David Leonhardt and Yaryna Serkez article of April 10, “America Will Struggle After Coronavirus…” (link) is such a misuse of facts it may as well be the ‘Fake News’ that Trump speaks of. If liberals want to score points on these issues they are better off sticking to the facts as we know them and as we can understand them rather than trying to spin them into a paean of Democratic class warfare (Oh, look how the rich have benefited and the poor and suffered! Bad Republicans! Evil Republicans!). Particularly offensive is the authors’ declaration…“In effect, each household in this bottom 90 percent is sending a check for $12,000 to every household in the top 1 percent, year after year after year.”  No that is wrong. What is happening is that we are reaping what we sow. Remember there was a time Democrats controlled the Senate. Chuck Schumer could have named whoever he wanted as a ‘currency manipulator’ (unfair trader). He named no one. Democrats never ever got behind the notion that trade was unfair and was leaching some of the best blue collar jobs from America. They drank the “Free Trade’ Kool Aid…as did Republicans.  David Leonhardt…where were you then, when blue-collar America needed you?  Instead of stopping the carnage you have come to the game too late with the wrong analysis blaming Republicans (The rich) because American pursed a policy you […]