Recession Arithmetic: What Would It Take?

by Mike Shedlock David Rosenberg explores Recession Arithmetic in today’s Breakfast With Dave. I add a few charts of my own to discuss. Rosenberg notes “Private fixed investment has declined two quarters in a row as of 2019 Q3. Since 1980, this has only happened twice outside of a recession.” Here is the chart he … Read more

Wuhan Flu “1 in 4” – We are being told the number of Severe Cases being mislabeled as the “Suspected” cases. That means there could be FOUR TIMES AS MANY suspected cases in China or 40,000 people

by Deplorableasfuk Look at this article from January 3,2020!!!!! 11 out of 44 have SEVERE INFECTIONS. That is 1:4 ratio. If you extrapolate the numbers reported as the “1” not the “4” we have a huge pandemic already. Fuck… “The number of patients infected in an unexplained pneumonia cluster in the Chinese city Wuhan jumped from 27 … Read more

Oil Market Falls Deeper Into Abyss

By Tom Kool The oil market is “troubled by both rising demand worries and rising fuel stocks,” said Ole Sloth Hansen, head of commodities strategy at Saxo Bank A/S in Copenhagen. “It’s going to take a firm commitment by OPEC+, or rising geopolitical tensions, to achieve a sustained recovery.” (Click to enlarge) (Click to enlarge) (Click to … Read more

Not Ready For Economic Collapse! Only 41 Percent Of Americans Have $1000 To Cover An Emergency

https://www.youtube.com/watch?v=kRQhEGQH-8A Are you prepared for the imminent economic collapse? We better hope that the U.S. economy holds together in 2020, because if there is any sort of major economic collapse much of the country is going to be broke almost immediately. Today, close to half of all Americans are living on the edge financially. For … Read more

Tulsi Gabbard RESPONDS to CNN’s Sick Town Hall Stunt Against Her

https://www.youtube.com/watch?v=TB_ZcL-_2K8 Beth Baumann from Town Hall reports, CNN plans to host numerous town halls with the Democratic candidates before the New Hampshire Primary on Feb. 11th. While Deval Patrick, Tom Steyer and Andrew Yang all received invitations from the network, Rep. Tulsi Gabbard (D-HI) was passed up. Read More/Source/Credit/FairUse: https://townhall.com/tipsheet/bethbau…

“In Aggregate,” Consumers Are Doing Pretty Good, But America’s Vast Income Disparity Skew the Data

Consumers that added $1.3 trillion to their savings last year are not the ones who owe $1 trillion on their credit cards. By Wolf Richter for WOLF STREET. This phrase, “consumers in aggregate,” is starting to crop up even in Fed speak, including in Jerome Powell’s press conference this week, to express that they’re not totally blind to what … Read more

‘Calm Before The Storm’ – How Will The Coronavirus Really Impact The Markets?

PeakProsperity’s Adam Taggart that, officials, the media, and globalist-driven organisations are downplaying Wuhan coronavirus risk, even as models suggest infections will soon soar. The sudden slowdown in new information coming out of China has Chris Martenson spooked. He walks us through the math here, showing how if the coronavirus follows its current geometric growth, over 100 million people … Read more