talk of the death of retailng and the death of malls has been going on at least 10-15 yrs…and I believe in that thesis…I have been watching Simon properties for a long time and have been amazed at how strong it has been….in 2016 it was about $220…now with public hyper awareness of infection—not just to covid…there were 50 million flu cases in the u.s. last year—I can’t see the malls ever recovering to their pre-covid level…all of which makes my jaw drop in wonder today seeing simon up $8.0 todaySIMON PROPERTIES71.47+8.02 (+12.64%)As of 10:49AM EDT. Market open
the death of retailng and the death of malls
Richard640 @ 10:25
As explained many times here, it’s the machines squeezing out the broad market index put buyers and short sellers.
It’s that simple.
The gamblers are addicted and won’t stop until they are broke.
Of course this does not make for good ‘doom porn’ or justify the geniuses that work on Wall Street; so, you won’t hear this story in the mainstream much. (some others have pointed this out recently too – but it falls on deaf ears).
Cheers
A SEGACIOUS ZH READER
I hope that all of you realize we US citizens are being set up for the epic collapse of our country. You can see all of the tumblers starting to line up. We are being lied to in every aspect of our lives to drive us insane. We are flying without a functioning dashboard and we are going to smack into the side of a mountain at max speed. This is a repeat of the fall of the USSR. Peak corruption and lies. I have been tirelessly searching for a way out but so far nothing. Any ideas out there?
Wake me when 3 million new career level jobs are being added each month.
University MBAs are being retooled to offer majors in Bottle Picking, Dumpster Diving, Community Gardening, Online Gambling & Pimping.
Whatever became of the ~96 million who were out of,the workforce pre-Coronahoax? Did they all expatriate?
Blurry, blinkered tunnel vision abounds.
Ye olde cosh is particularly heavy today
I think I’ll go work in the garden.
First U.S. Gold Coin May Fetch $15 Million in Private Sale
One of the world’s most coveted coins is coming to the market.
The Brasher Doubloon, the first gold coin struck in the U.S., is being offered privately at a $15 million asking price, according to numismatic adviser Jeff Sherid. His firm, Los Angeles-based PCAG Inc., is marketing the coin on behalf of a collector he would only identify as a former Wall Street executive.
The doubloon is dated 1787 — 11 years after the Declaration of Independence was signed, the same year the Constitution was written and five years before the federal mint opened in Philadelphia. Metalsmith Ephraim Brasher, George Washington’s next-door neighbor on New York’s Cherry Street, privately minted a small batch of the coins and punched this unique version with his hallmark “EB” on the eagle’s breast. The soon-to-be president almost certainly handled it, according to longtime numismatist John Albanese, founder of Certified Acceptance Corp., a coin-grade verification service.
“If you talk to coin nerds and old-time experts, I’m guessing they’d all say the Brasher Doubloon is the greatest coin ever because of the history,” Albanese said.
Ororeef….U wanna know why NY is going Bust….
Why New York Is In Trouble – 290,304 Public Employees With $100,000+ Paychecks Cost Taxpayers $38 Billion
There’s a retired Professor of 93 on a pension of over $ 500 K….
Gold fighting its way back, albeit slowly
silver too a little. Hopefully silver can re-take $18 like it did late yesterday.
Wondering if its time to do some dip buying in the shares today? HUI 265?
edit: as I was typing the scum came in and took gold and silver right back down. Crimex now open…
NYC lives on TAXES on Business “D” DAY is coming …! kiss NYC Goodbye !
I have heard TAXES are coming DUE IN JULY in NYC ..WHO in their right mind will pay even if the had the money …ITS BANKRUPTCY for NYC ..
Its coming !!!! That asshole Di BLASIO will lay off POLICE and FIREMEN first thing ! you can bet on it….It looks like JUNE 20 is “D” DAY !
Calendar of New York Sales Tax Filing Dates
Depending on the volume of sales taxes you collect and the status of your sales tax account with New York, you may be required to file sales tax returns on a monthly, semi-monthly, quarterly, semi-annual, or annual basis.
On this page we have compiled a calendar of all sales tax due dates for New York, broken down by filing frequency. The next upcoming due date for each filing schedule is marked in green.
Simplify New York sales tax compliance! We provide sales tax rate databases for businesses who manage their own sales taxes, and can also connect you with firms that can completely automate the sales tax calculation and filing process. Click here to get more information.
QUARTERLY FILING
<trclass=”text-muted”>
| Filing Period | Due Date | Extended Due Date |
|---|---|---|
| Q1 (Mar – May) | June 20 | June 22 |
| Q2 (Jun – Aug) | September 20 | September 22 |
| Q3 (Sep – Nov) | December 20 | December 22 |
| Q4 (Dec – Feb) | March 20 | March 20 |
MONTHLY FILING
<trclass=”text-muted”> <trclass=”text-muted”> <trclass=”text-muted”> <trclass=”text-muted”> <trclass=”text-muted”>
| Filing Period | Due Date | Extended Due Date |
|---|---|---|
| January | February 20 | February 20 |
| February | March 20 | March 20 |
| March | April 20 | April 20 |
| April | May 20 | May 20 |
| May | June 20 | June 22 Next Due Date |
| June | July 20 | July 20 |
| July | August 20 | August 20 |
| August | September 20 | September 21 |
| September | October 20 | October 20 |
| October | November 20 | November 20 |
| November | December 20 | December 21 |
| December | January 20 | January 20 |
Sam ZELL
recently said he only invests where there is the RULE Of LAW ! I wonder what he thinks of stock market investing given the current outlook ..
I think Markets are way over priced given the “NEW ” “NORMAL” with Riots every night..The corona virus pales in damage done compared to what going on now…Market investors are going to take a “NEW LOOK”at the “NEW NORMAL’ before investing any more…..
Nobody seems to have the right Balance of whats unjust, in Chicago where 13 people are shot every week end and nobody cares ,the media is silent about it.
But one police men kills somebody while subduing a counterfeit bill passing and the whole country is on FIRE. Where is the Balance and good judgement ?
Its crazy hysteria ,a mental problem….!
Hawaii Status
No new cases again in Hawaii. Governor is easing restrictions a bit. June 16 will be the end of the interisland travel quarantine for local residents. 14 day quarantine remains in effect for overseas arrivals. New quarantine and tracking information forms required for all arrivals to Hawaii. New spacing lines and self-check in at Hawaiian Air for interisland travel. No middle seats in the planes in use to space interisland passengers apart, unless a family unit specifically selects to stay together.
We still have social distance rules, and masks required for business access. Some dining areas may be open by the end of the month. Most are still take-out only. Most low-contact business open as we slowly restart the local economy. State is now focusing on visitor arrivals, proper quarantine and contact tracing database as we slowly start to accept limited visitors to the state. We shall see how much of a bump in case load we get.
NY
Thousands walking the streets now. These business owners should get their merchandise out of the store now before night comes. They should of did that day one. Maybe then less criminals cuz they would not have bothered to show up.
Richard640 @ 16:54
My work indicates it’s the so called ‘pros’ who are trying to nail the top of this ‘bounce’.
You know the types…Gundlack over at Doubleline who was bragging about his short in March after getting his ass painted daily (for years) by the fraudulent betting parlor some call the stock market.
Cheers
Captain–the S&P is not dropping even below its 4-day MA means this market is strong as hell right now.
Yeah, I saw the close…
Bingo. And the AI and bots work with very specific moving averages and indications on RSI, MACD, etc.
Based on the way I was trained by a buddy, who in turn paid big bucks to be trained by professionals, all the indications are that the pros are in this market. The fact that the S&P is not dropping even below its 4-day MA means this market is strong as hell right now.
S&P Futures Surge 10 Points In One Tick On $3.2BN Market On Close Buy Imbalance
Ipso
Too many stupid or gullible people brain washed vote for these people or based PC and illegals. They’re voting these people in destroying their own country. They’re stupid. Till they won’t have a say someday because they’ll me a minority in their own country.
Like one person said after their building burnt down it’s okay as long as justice was done for Floyd. Seriously!! That’s how stupid they are. They actually believe that it’s what causes justice. Even when they see cop was already locked up and their still looting. They’re that stupid and they vote for the people who allowed it to happen and are part of it.
R640
Did you see the jam job in the techs a minute before the close to trap the ETF shorts for the morning?
Ya…this is a constant 24/7 psy-op I want to short.
Chuckle
Captain Hook
Exactly and non citizens registering to vote. They’re also brainwashing the young in schools. Did you hear about thar so called professor telling people how to topple statues. The two lawyers that tried to burn a police van with people in it.
They side tract them to disarm them with pc while making minority’s believe their victims. So some of them now old enough to unknowingly vote their country away till it’s too late when they find out.
goldielocks @ 14:48
Seems like a lot of these Demo mayors would like to be out there throwing rocks and screaming as well.
I wouldn’t be surprised if it hurts them at the ballot box. They’re letting their down towns be destroyed!
goldielocks @ 15:26
A bunch of dead people will miraculously be voting as well.
Chuckle
Captain Hook
Yep exactly.Since they can’t keep people locked up as long as they want and mumbling Biden hidden in the basement while they write quotes now no from letters for him since he can’t keep a sentence together without getting off track and use it as a excuse for mail in ballots they gotta have another excuse.
They’re probably gathering their cooked heads as we speak to see what their next plan is right now. They don’t want a debate with Trump with Biden. They don’t want Trump rally’s. We saw that last election with anti American political and police chiefs telling the cops to stand down no matter if they harm or kill citizens attending.
They don’t want walk in same day voting they want mail in ballots and ballot harvesting to heavy democrat and illegal alien areas sending out hundreds of ghost ballots.




