From BearMarket.com <[email protected]>
Subject Re: Meat Shortage? Car-Price Collapse? Dish Network in Trouble?
Date April 14, 2020 10:53 PM
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Bear MarketDaily Bear Market News

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How’s your Tuesday?
Today brings with it many questions—one has to do with our food supply—will there be a meat shortage due to the coronavirus shutdown? The nation’s largest pork producer has closed for now, and leaders in the meat industry are getting worried about the short-term future of protein. Meanwhile, the auto industry is starting to ask if there will be an automobile price collapse—particularly in the pre-owned car sector.
Lots of questions, but also lots of answers in today’s Bear Market newsletter.
Have a good read…

Special : Vaccinate Your IRA or 401(k) with Gold ([link removed])

Auto IndustryFear of Impending Car-Price Collapse Terrifies Auto Industry
Already fretting lengthy factory shutdowns and depressed new-vehicle demand—the auto industry is starting to sound the alarm about a potential used-car price collapse that would have far-reaching consequences for manufacturers, lenders and...
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Shocking : New Cash Law Will Be Disaster for Savers. Click here to learn more. ([link removed])

Stock MarketOpinion: Why the Next Four Weeks Could Be Lethal for the Stock Market
“The approaching earnings season is going to plain old suck, no thanks to the coronavirus…Unless you are an investor in companies packaging Spam or Twinkies, this earnings season will be taxing on the mind and potentially lethal to the trading account.”

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Real Estate Tough Times Ahead for Real Estate
As of April 2, at least 2600 commercial real estate borrowers have already touched base with mortgage servicers about potential debt relief on more than $49 billion in loans. More than 75 percent of those inquiries were for hotels and retail.

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World EconomyA Glimpse Behind the Scenes: Inside the Global Battle to Prevent Another Depression
Over the past two weeks, the Treasury Department and the Fed have held calls every day at 5 p.m., led by Mnuchin and Powell and including other senior staff. But Mnuchin and Powell talk multiple times a day on their cellphones, often well into the night — “sometimes five times, sometimes 30 times,” according to the Treasury chief. The calls reached fever pitch last Wednesday, as…”
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Auto IndustryFord Shares Fall After Automaker Warns of First-Quarter Losses
The Ford Motor Company expects a pretax loss of about $600 million, excluding $300 million in special items. Their total revenue for the first quarter is expected to be about $34 billion, down 15.7% from a year ago. Ford’s stock was down more than…
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Precious MetalsGold Hits Highest Price in More Than 7 Years
When the U.S. dollar loses strength, gold and other precious metals typically rise in price. And when the stock market turns bearish, investors flock to safe havens like gold. That’s happening again, as gold futures climbed on Monday to mark another finish…
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Food Industry Meat Shortage? Smithfield Coronavirus Shutdown Sparks Fears
In the fields of South Dakota sits one of the largest pork processing plants in the U.S.: Smithfield Foods. Last week, the plant closed after hundreds of employees tested positive for the coronavirus. The evolving situation has industry leaders worried. “The closure of this facility, combined with a growing list of other protein plants that have shuttered across our industry, is pushing our country perilously close to the edge in terms of our meat supply,” Smithfield CEO Kenneth Sullivan said on Sunday. The American Association of Meat Processors expressed concern over the…
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Tech IndustryDish Cuts Payroll, Reassesses Business in Coronavirus Fallout
Dish Network Corp has cut staff and is re-evaluating its business to plan a better strategy dealing with the fallout from the coronavirus pandemic. The number of employees laid off…
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