Month: February 2020

CORONAVIRUS UPDATE: Coronavirus infections predicted to grow exponentially; first death outside China; outbreak becomes political.

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Coronavirus infections predicted to grow exponentially; first death outside China; outbreak becomes political. First Wuhan coronavirus death reported outside China. Cocktail of flu, HIV drugs appears to help fight coronavirus: Thai doctors. China bans funerals for coronavirus victims. Coronavirus: German evacuation flight from China carried two infected people. The coronavirus is hitting the tourism and … Read more

A ‘Vexit’ to West Virginia?

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Man creates petition to allow Virginia counties to leave the commonwealth A Campbell County man hopes to give voters in Virginia counties the option to secede and join West Virginia because of gun rights concerns. Rick Boyer created a petition for a “Vexit,” or a Virginia exit inspired by the United Kingdom’s “Brexit” from the … Read more

Dr. Chen releases Video of massive Duck culling in China (bird flu) Warning Graphic

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https://twitter.com/IsChinar/status/1223969914224087041 CHINA NOW HAS ANOTHER OUTBREAK OF BIRD FLU 18,000 BIRDS CULLED A city in China’s central Hunan province reported that it had culled almost 18,000 chickens after an outbreak of H5N1 bird flu, the Ministry of Agriculture and Rural Affairs said in statement on its website Saturday. The statement didn’t say when the outbreak … Read more

Bracing for a nasty open… China is doing all they can to avoid panic

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Bracing for a nasty open… China is doing all they can to avoid panic pic.twitter.com/ISocAFtQx3 — The Long View (@HayekAndKeynes) February 2, 2020 https://twitter.com/Fxhedgers/status/1223826062804520960 https://twitter.com/hks55/status/1223956101789618176 Oil demand https://t.co/RTwrbMzFJO — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) February 2, 2020 this will have consequences for global economy https://t.co/QEIRnlllO2 — Alastair (@StockBoardAsset) February 2, 2020 Coronavirus Costs China’s Service … Read more

Coronavirus: So much for the slowdown in cases!

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https://twitter.com/anilvohra69/status/1223815670397161472 They call it disinfection? Indonesia… no words. pic.twitter.com/FUS85aJ5n1 — Russian Market (@runews) February 2, 2020 Those who die in the Wuhan epidemic are not just numbers. They are real human beings. Sadly, Professor Lu Caiquan, a scholar of early modern China, died without not even being tested for the #coronavirus and thus won't be … Read more

This Shows How Broad The Overvaluation Is Today

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  In the dotcom bubble overvaluation was really focused on tech. Something interesting about the market recently is the big tech names are performing much better. AAPL MSFT etc. As this chart shows. http://schrts.co/AJpUaphH The S&P500 is weighted toward larger market cap companies. The equal weighted index is what it would be if all companies … Read more

This is so unreal. WHO is a joke.

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This is so unreal. WHO is a joke. pic.twitter.com/08EspyzydG — Russian Market (@runews) February 1, 2020 There will be a significant increase in confirmed #novelcoronavirus infection cases tomorrow and the day after tomorrow in the city: Huanggang mayor. Some 600-700k people returned from Wuhan to #Huanggang before Wuhan lockdown. pic.twitter.com/hMSgUQ2vzx — Global Times (@globaltimesnews) February … Read more

Copper down for 12 consecutive days, its longest losing streak ever. Earnings volatility set to kick in as coronavirus worries mount. The Fed’s key yield curve inverted again

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https://twitter.com/anilvohra69/status/1223661973767802880 The Fed’s Key Yield Curve Inverted Again. Watch Out. While a recession is hardly a guarantee, previous episodes have forced the central bank’s hand. Inverted U.S. Yield Curve Renewed Worries About Global Economic Health The global economic growth concerns that dominated last year are overshadowing Wall Street once again as the coronavirus threatens to hurt … Read more

Oil Bankruptcies Are Reaching Worrying Levels

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By Robert Rapier Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and gas producers, oilfield services and midstream bankruptcies from the beginning of 2015 through 2019. Over the entire five-year period, 208 oil and gas producers have filed for bankruptcy since Haynes and Boone’s Oil Patch Bankruptcy Monitor … Read more

Is Germany Too Dependent On Renewable Energy?

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By Jonathan Tennebaum via Zerohedge Germany now generates over 35 percent of its yearly electricity consumption from wind and solar sources. Over 30 000 wind turbines have been built, with a total installed capacity of nearly 60 GW. Germany now has approximately 1.7 million solar power (photovoltaic) installations, with an installed capacity of 46 GW. This … Read more

DNC doing DNC things

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by AbominableAnon Here is Mike Gravel in a presidential debate on the stage with Hillary Clinton, Barrack Obama, and Joe Biden: Mike Gravel qualified for the Democratic debate with a grassroots surge that gave him 67,000 donors. The DNC shut him out. Mike Bloomberg spent $180 million on a massive ad campaign, donated $250,000 to … Read more

Obamas family travel cost was $114 million. trump’s so far is only $10 million

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Former President Barack Obama’s family travels cost the U.S. a total of $114 million during his presidency, according to documents obtained by Judicial Watch, a conservative legal group. President Donald Trump has, so far, cost taxpayers $10 million. Judicial Watch obtained the expense documents from the U.S. Air Force and the Secret Service through a Freedom of … Read more

Dismissing the Experts

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by John Mauldin Regular readers know I often criticize so-called “experts,” usually economists or central bankers whose flawed decisions are punishing the rest of us. I find their expertise is not nearly as reliable as they seem to think. At the same time, I rely on experts whose judgment I respect. I know they aren’t perfect—usually because … Read more