Bix Weir, Max Keiser and SRU Tuesday 2-18-2020
Bix Weir
ALERT! HSBC Announces Surprise Earnings Hit & Restructure!
You can deny reality all you want but your CAN'T deny the consequences of REALITY!
HSBC is one of the largest derivative holders with huge investments & participation throughout Asia.
Hang on tight!
Keiser Report: #CoronaVirus Rally (E1503)
Feb 18, 2020
In this episode of Keiser Report from Mexico City, Max and Stacy discuss the markets rallying on horrible coronavirus news as bad news continues to be the greatest news of all as investors bet that the central bank will come to the rescue with more free cash.
They also look at the state of Utah sending employees all the way to Mexico in order to benefit from the lower pharmaceutical prices that the Mexican state negotiates with Big Pharma.
In the second half, Max interviews Jose Rodriguez of Talent-Land.mx about the gathering of 70,000 people in Guadalajara to change the world with talent.
Warren Buffet Loses $1 Billion In 2 Days! Apple iphone Supply Shortages, Pier 1 Files For Bankruptcy
Silver Report Uncut: Feb 18, 2020
Economic collapse news February 18, 2020. First, we focus on the economic impact of the production halt in China as Apple has come out and released a statement saying their previous guidance was wrong due to "Evolving" factors.
They anticipate revenue will fall not only due to supply shortages but also the fact that customer traffic is almost nonexistent.
Warren Buffet lost 1 Billion dollars in two days after Kraft Heinz after kraft was downgraded to junk status. Shares slid more than 11%.
We also see Amazon is shaking up their delivery system as they are cutting several delivery contractors due to sub-par standards.
Pier 1 has filed for chapter 11 bankruptcy protection and anticipates they may find a buyer in a bankruptcy plan.
2019 was a record year for retail store closures and Pier 1 just closed 450 stores last month in a last-ditch effort to avoid bankruptcy. Those efforts have failed