President Trump: The NEW one and only politics thread

So much about the Remdesivir news, and how it has been dropped and when, has been fishy, starting with anecdotal stories out of Chicago a week and a half ago that coupled with all of the money sloshing around because of the Fed, really kicked the bubble euphoria in US equities into high gear.

The two fishiest things about this morning. ... Everyone was waiting for the really negative GDP number, and markets were going to ignore it anyhow, because it was expected and things like the economy, fundamentals, earnings don't matter a whit, all that matters is the trillions of dollars of debt buying by central banks with money they are conjuring out of thin air.

And still. ... the dropping of that Gilead release coincided exactly with the GDP number, to the second, setting off euphoria in stocks before there could even be a reaction to the GDP print.

Maybe it was a coinkydinky, but then you started getting news that along with the NIH release of the trials later today, the FDA is looking at fast tracking the drug. ... and the whole thing is going to be fed to us at a WHITE HOUSE EVENT later today.

That is enough to raise my bullshit detectors. This white house has been so hamhanded in making miracle promises and trying to coordinate news to try to manipulate sentiment, that you have to be suspicious. On top of it, the thing that deflated some of the earlier euphoria is still out there, namely that The Lancet (peer-reviewed medical journal) reported pretty quickly that in the trials of remdesivir in China, the drug did not speed recovery or reduce deaths vs a placebo, and China abandoned the trial.

So now you have to worry that this is more hydrochloroquine Trump bullshit.

I really hope it isn't.

 

I'm old enough to remember when the coronavirus was a "hoax" being perpetrated by Democrats, with the flu being more deadly, and the press being in "hysteria mode."

 

I'm not sure what you are asking.

What do you mean by big $$?