What is going on with Jewish economists? Did they forget how to do math?

Why did they think the Russian economy would collapse from sanctions?

RT:

Russia’s economy is coping better with Ukraine-related Western sanctions than could be expected, JPMorgan Chase said in a note to clients dated last week and made public on Monday.

According to the biggest US investment bank, business sentiment surveys from the country “are signaling a not very deep recession in Russia, and therefore imply upside risks to our growth forecasts.” It also cited high-frequency indicators such as electricity consumption and financial flows, which signal that the economy is in better shape than predicted.

“The data at hand therefore do not point to an abrupt plunge in activity, at least for now,” the bank’s analysts state in the note, as cited by Business Insider.

JPMorgan also backtracked on its earlier forecasts of a 35% drop in Russian GDP in the second quarter and 7% for all of 2022, now saying the figures are likely to be much less alarming. The bank did, however, note that the impact of current and potential sanctions will be felt, and that the country’s economy would be in far better shape if Moscow had not launched its military operation in Ukraine.

“The impact of sanctions will continue building in coming quarters, we expect. The GDP profile, therefore, looks increasingly likely to be consistent with a drawn-out, but not very sharp recession,” the analysts predict, noting that export orders are showing a particular decline.

Yeah – you’ll get ’em next time, I’m sure.

Just you know – another hundred billion or thousand billion to the Ukraine.

Just gotta keep the faith. Keep the fight.

Democracy is fragile, but it is truly strong.

The banks have the best analysts.

Arguably, they’re the only analysts that matter at all.

Bloomberg:

Key U.S. markets now appear to be pricing in the risk of a delayed or inconclusive result from the upcoming presidential election, according to fresh analysis from JPMorgan Chase & Co.

Pricing for volatility protection in interest rates — where investors trade and hedge bond exposure through various derivatives — is “very high relative to the same stage in previous cycles,” strategists led by Joshua Younger said in a note published on Tuesday. Both over-the-counter derivatives and options on U.S. Treasury futures show volatility priced at about six times its normal level, compared with a rate of two times normal in the 2008 and 2012 presidential elections and three times in 2016, when Donald Trump surprised pollsters by defeating Hillary Clinton.

Meanwhile, the cost of hedging exposure to U.S. corporate bonds also shows investors paying more for protection than in previous elections — including preparing for price moves that could stretch beyond the Nov. 18 expiry of one popular options contract. “Timing of election credit vol is spilling over into December,” the analysts wrote, suggesting “that credit market participants are increasingly pricing in the odds of election results being unclear by November expiry.”

…

“Despite the fact that elections, even for President, have not been a reliable catalyst for volatility in the past, a wide range of asset classes are already pricing historically high event risk into options markets,” Younger wrote in the note. “U.S. rates, credit and equities are all pricing elevated risk of a delayed or inconclusive result.”

One market that doesn’t appear to be paying-up for volatility protection is currencies, the analysts added. Volatility pricing on major currency pairs shows “complacent” positioning around the election, which may make currency trading a cheaper way of hedging political risk compared to rates, credit or stocks.

Investors have been placing election-related bets earlier than usual given a polarized political climate, with an RBC survey showing that the American presidential election is now the biggest worry among institutional investors. JPMorgan’s Marko Kolanovic, who contributed to Tuesday’s note on volatility, warned on Monday that investors should prepare for Trump winning re-election.

“The post-election FX vols deserve more attention,” the JPMorgan strategists led by Younger said. “Delays in getting the results are atypical for the U.S. elections but can occur, as seen in the 2000 election cycle. Despite the steady stream of news headlines and the fluid developments around the U.S. Postal Service the lack of pricing of a risk from a delayed and/or contested results is somewhat surprising.”

Assuming that the election was contested, and neither side conceded, how would it be solved?

Well, the Supreme Court would get involved. But if the parties didn’t accept the election results, there is no reason to believe they would accept a court ruling.

That would mean that the only possible way it could end would be in violence. Cops, military and civilians would fight it out on the streets.

People need to be ready for this, as the chances of it happening are nonzero.

There exists the possibility that it could set the stage for the secession of certain states.

That is what we need, and it’s the only way to solve any of this.

They cannot keep you safe if they don’t know where you are and what you’re doing.

Facts, data, and reality itself say one thing, and the WHO and government “experts” say the opposite.

This isn’t the first time that the WHO has urged governments not to lift the lockdowns, but the lockdown strategy is much more widely debunked this time.

• Most recently, a J.P. Morgan study showed that the spread of the virus decreased after lifting lockdowns
• Researchers from Hong Kong say that using masks can reduce infection rates by up to 75%
• University of East Anglia researchers say that the lockdown is useless and that the only thing that appears to help curb the spread of viruses is to prevent mass gatherings

There is absolutely ZERO evidence that forcing people into a weird house arrest lifestyle where working and meeting family and friends is forbidden has any kind of positive effect on stopping the spread — and considering that infections have decreased after lifting the lockdown in most places, we should consider the possibility that the lockdown actually facilitated the spread.

If you wanted to make a harmless virus appear dangerous, you’d probably want to force people into a situation where the virus can thrive and make the most out of what you have. “Everyone must stay inside breathing recycled air and only go out to crowded supermarkets” sounds suspiciously like something that would work quite well for that goal.

Daily Mail:

The World Health Organization has warned there could be a ‘second peak’ of infections in America and Europe where coronavirus is declining if lockdown restrictions are relaxed too soon.

Dr Mike Ryan, the head of emergencies at the WHO, issued the grave warning in an online briefing Monday saying that while cases are declining in many countries, these nations could still face an ‘immediate second peak’ if they let up too soon on measures to halt the outbreak.

Ryan also warned that several countries in Central and South America, South Asia and Africa are continuing to record spikes in cases.

This came the same day that the WHO announced it is suspending its trial of hydoxychloroquine in coronavirus patients amid safety concerns over the anti-malaria drug.

Now they’re having safety concerns about the anti-malaria drug? While they warn that allowing people to have freedom is dangerous?

It sounds like they want to eliminate things that could be seen as alternatives to the eternal lockdown and mass vaccination agenda that they propose.

The world is still in the middle of the first wave of the coronavirus outbreak, Ryan said Monday.

He explained that epidemics often come in waves, which means outbreaks could come back later this year in places where the first wave has subsided.

There is also a risk that infection rates could rise again more quickly if measures to halt the first wave were lifted too soon, he warned.

‘When we speak about a second wave classically what we often mean is there will be a first wave of the disease by itself, and then it recurs months later. And that may be a reality for many countries in a number of months’ time,’ Ryan said.

‘But we need also to be cognizant of the fact that the disease can jump up at any time. We cannot make assumptions that just because the disease is on the way down now it is going to keep going down and we are get a number of months to get ready for a second wave. We may get a second peak in this wave.’

He said countries in Europe and North America should ‘continue to put in place the public health and social measures, the surveillance measures, the testing measures and a comprehensive strategy to ensure that we continue on a downwards trajectory and we don’t have an immediate second peak.’

What they’re saying, in essence, is that because the virus will come in waves, people must live under a permanent lockdown — at least until they’re vaccinated, in which case they’ll be allowed to go out until a new virus comes and everyone has to wait for a vaccine all over again.

This isn’t about keeping people safe. The lockdown is preventing people from building natural immunity to viruses — not just coronavirus.

They have a plan, and the plan depends on keeping the Doom Virus facade up in order to force all of the totalitarian police state mass surveillance measures that they want.

On April 17, Anglin warned that the lockdown isn’t a quarantine and it is probably aiding the spread of the virus. Now, a new study shows that the vast majority of countries have fewer coronavirus cases after lifting the lockdown.

Daily Mail:

Coronavirus lockdowns have failed to alter the course of the pandemic but have instead ‘destroyed millions of livelihoods’, a JP Morgan study has claimed.

Falling infection rates since lockdowns were lifted suggest that the virus ‘likely has its own dynamics’ which are ‘unrelated to often inconsistent lockdown measures’, a report published by the financial services giant said.

Denmark is among the countries which has seen its R rate continue to fall after schools and shopping malls re-opened, while Germany’s rate has mostly remained below 1.0 after the lockdown was eased.

The report also shows many US states including Alabama, Wisconsin and Colorado enjoying lower R rates after lockdown measures were lifted.

Author Marko Kolanovic, a trained physicist and a strategist for JP Morgan, said governments had been spooked by ‘flawed scientific papers’ into imposing lockdowns which were ‘inefficient or late’ and had little effect.

‘Unlike rigorous testing of new drugs, lockdowns were administered with little consideration that they might not only cause economic devastation but potentially more deaths than Covid-19 itself,’ he claimed.

The JP Morgan report includes graphs showing that ‘the vast majority of countries had decreased infection rates’ after lockdowns were lifted.

Infection rates have continued to decline even once a lag period for new infections to become visible is factored in, the report says.

A second graph shows a similar effect in the US, showing that many states saw a lower rate of transmission (R) after full-scale lockdowns were ended.

They included Colorado, Iowa, Alabama, Wyoming, Wisconsin and Mississippi, according to the chart, although not all states are included.

Nevada and North Dakota are among the exceptions which appear to have had a higher rate of transmission since normal life began to resume.

The R rate shows how many people each virus patient typically infects, and some countries regard a rate below 1.0 as a key indicator that the epidemic is in retreat.

‘While we often hear that lockdowns are driven by scientific models, and that there is an exact relationship between the level of economic activity and the spread of [the] virus – this is not supported by the data,’ the report says.

‘Indeed, virtually everywhere infection rates have declined after re-opening even after allowing for an appropriate measurement lag.

‘This means that the pandemic and Covid-19 likely have [their] own dynamics unrelated to often inconsistent lockdown measures that were being implemented.’

Those dynamics may be influenced by increased hand-washing and even weather patterns but seemingly not by full-scale lockdowns, the report suggests.

‘The fact that re-opening did not change the course of the pandemic is consistent with studies showing that initiation of full lockdowns did not alter the course of the pandemic either,’ it says.

…

In some European countries, studies suggest that the measures ‘did not produce any change in pandemic parameters’ such as the R rate, the JP Morgan report says.

Kolanovic says that lockdowns had remained in place even as ‘our knowledge of the virus and lack of effectiveness of total lockdowns evolved’.

‘At the same time, millions of livelihoods were being destroyed by these lockdowns,’ he writes.

Recently, scientists found that the lockdown has virtually no effect on curbing the spread of the virus, and that the only measures worth doing were closing schools and banning mass gatherings.

All of this comes after random antibody testing in California put coronavirus on the same threat level as the flu, yet the government continues to pretend this virus is a threat. Virtually no expert not employed by the government is going along with this madness.

It is clear that those in power have an agenda that depends on coronavirus being perceived as an imminent danger.

They don’t want to give you back your rights.

JP Morgan Chase?

More like JP Morgan Scarface.

It’s funny because it’s not really very funny.

Forbes:

In one of the largest drug busts in U.S. history, federal authorities in Philadelphia seized nearly 20 tons of cocaine—worth about $1 billion— last month from a ship owned by JP Morgan’s asset management arm.

19.76 tons of cocaine (an estimated street value of $1.3 billion, according toBusiness Insider) were seized from the ship when it arrived at Packer Marine Terminal in Philadelphia on June 17.

The ship, called MSC Gayne, is operated by Switzerland-based Mediterranean Shipping Company, but it was financed by a transportation strategy fund run by JP Morgan’s asset management arm, CNN Business reported.

Six crew members aboard MSC Gayane have been arrested charged with knowingly and intentionally conspiring to possess more than five kilograms of cocaine, the Justice Department said in a statement.

The ship was flying under the flag of Liberia, a country in West Africa, according to online vessel tracking website MarineTraffic.

A billion dollars worth of cocaine is a really large amount of cocaine.

I think that probably, banks shouldn’t be allowed to traffic in drugs. Just as a general rule.

And I think that when they get caught trafficking in drugs, there should probably be consequences.

But we all know that there won’t be.

It’s against our values and principles to punish trillion dollars Jewish banks for trafficking in cocaine.

It’s just not who we are.

If we start making laws saying that Jewish banks aren’t allowed to traffic a billion dollars worth of cocaine into America, then what will happen when we have President AOC?

She’ll do communism.

Seriously though, this tweet is retarded.

This is one of the largest drug seizures in United States history. This amount of cocaine could kill millions – MILLIONS – of people. My Office is committed to keeping our borders secure and streets safe from deadly narcotics. https://t.co/nWPfgpGqYa

— US Attorney William M. McSwain (@USAttyMcSwain) June 18, 2019

A million people could die from a large quantity of anything.

I haven’t heard of anyone dying from cocaine since the 1970s, when they would mix it with speed and mainline it.

Let’s be reasonable here.

We live in a total free market, where no one other than working class white people pay taxes, and these Jew bankers are simply providing a legitimate service of a billion dollars worth of cocaine.