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Backscatter this. Poor. Report yes ding dong the witch is dead Warren Buffett the extortionist private equity job is reported Game Changing record breaking losses as Berkshire Hathaway is Holding Company goes belly up more or less stacy this episode is an exercise in bad taste well actually its an exercise in poor taste which would be the phrase the logline for pink flamingos so im going to refer 1st to the pink flamingos because we have a tweet directed at us from one of our viewers and his name is. Central and he says off topic i like the flamingos of a report where are they my wife also com...

Version. Right of course pink flamingos was a raunchy bad taste thats fine let it go of course pink flamingos was a raunchy bad taste film by john waters in 1972 and i think 1972 is an important year that we started bringing in bad our bad taste and trashy taste because thats when we started getting trashy food and poor taste sort of investors like Warren Buffett Warren Buffett this past weekend did announce results not only did he lose over 50000000000. 00 in the 1st quarter but he proceeded to trash the entire u. S. Economy he announced he dumped all of his shares to is the entirety of his h...

The big boet on bitcoin thats got everyone talking. But first, we begin with a trip back to the future for the markets and this was flagged by our own dan nathan a year ago today it was trading at 2900 and basically back to that exact level and lets fire up the flex capacitor to see what life looked like and wow, the world would change this time last year the s p 500 would trade 17 times pe and the tenyear note, and unemployment j was just over 3. 5 and Flash Forward to today, it is trading 20 times, and the yield. 6 and unemployment is projected to hit 16 and gdp is negative for the first tim...

Course, much of war torn europe, afterworld war two, obviously we saw semi Marshall Plan if you well coming out of the depression and of course whats happening in the United Kingdom and germany and china, where they are using ample government forces, and moneys, to find that relief. That is the hope at least as i said many many times on this show very good to have you my friends. The one thing that gets wall street perkolating is this notion not so much stimulus around the virus but something that will contain it, cure it get rid of it so a vaccine and one that looks promising, in this country...

Offering us a bargain here u. S. Treasury expects to borrow 2. 00 trillion a net marketable debt in april to june quarter 3. 00 trillion dollars more than estimated in february to put not trillion dollars come on down to the feds Bargain Basement to put in dollars order now again 6 trillion dollars more in 6 months or now just 6 trillion dollar war in 6 months come on down to the fed broader base with high of j. P. L. I print money like a man to come on down to the feds Bargain Basement ill give you a trillion dollars right now because of all baseball cards gets a pulse of or youve got some ol...