“SARS” Versus “Wuhan”: The Difference Between “Now & Then”

by Lance Roberts A week dominated by headlines of a spreading respiratory virus has had investors recalling pandemics past, from SARS in 2003 to the Ebola scare six years ago. While the “Wuhan” virus, or known scientifically as “nCoV,” is still in its infancy, it is closely tracking both the infection and, unfortunately, death rates of the SARS virus. … Read more

Rep. Castor tells Google to fix ‘free speech’

by Fabius Maximus Summary: Our government is evolving from a Constitutional Republic into something else as America’s power centers coalesce to take power. See them moving to limit free speech. Will they succeed? Photo 86092871 © Michaeljayberlin – Dreamstime.   We are taking the next step away from a Republic running under the Constitution to a … Read more

US household spending downgrade by US Federal Reserve Increases Market Volatility

by Michael Markowski The 2:00PM press conference held by US Fed Chairman Jerome Powell at the conclusion of the January 29th FOMC (Federal Open Market Committee) meeting started out with a bang. Within minutes the S&P 500 rallied to its high of the day. Shortly thereafter, the world’s leading stock index began to make lower highs and … Read more

How the Fed Created an Uncontrollable “Monster” for the Markets

Photo by Flickr.com | CC BY | Photoshopped From Birch Gold Group Like Victor Frankenstein, the Fed may have created its own monster. It’s been called many things, such as Quantitative Easing (QE), QE Lite, QE/Not QE, “Organic” Balance Sheet Growth, and more. But no matter what you choose to call it, the bottom line is this: The Fed is growing its official balance … Read more

WHO voices ‘grave concern’ about person-to-person spread… Fear in age of outbreak: Chinese not welcome… STOCKS FALL FURTHER ON SICKNESS…

  ASIANS FIGHT BACK: I’M NOT A VIRUS! Fear in age of outbreak: Chinese not welcome… LONDON (BLOOMBERG) – Hong Kong suspends travel from China. Schools in Europe uninvite exchange students. Restaurants in South Korea turn away Chinese customers. As a deadly virus spreads beyond China, governments, businesses and educational institutions are struggling to find … Read more

Has the Global Economy Finally Exhausted its Good Luck?

by Charles Hugh-Smith All of these guarantees and redundancies are as illusory as the “unsinkable” technologies of the Titanic. The past three decades of global growth are rarely attributed to luck: it’s all the result of our brilliant fiscal, monetary and trade policies. Those in positions of wealth and power are delighted to take credit for … Read more

12,167 people were suspected of being infected with the virus as of the end of Wednesday.

The National Health Commission said in its daily report that 1,370 patients remained in critical conditions, and 12,167 people were suspected of being infected with the virus as of the end of Wednesday. A total of 124 people had been discharged from hospital after recovery. Wednesday saw 1,737 new confirmed cases, including the first confirmed case … Read more