We’ve descended into some sort of bizarre hell-world in which flavor flav is a voice of sanity

Flavor Flav Blasts Bernie Sanders Rally With Public Enemy, Calls Campaign “Fake Revolution.” Earlier: Public Enemy’s Chuck D defends his own long history of anti-Semitism ahead of upcoming rally with — who else? — Bernie Sanders. UPDATE: Public Enemy Fires Flavor Flav After Bernie Sanders Rally Spat. Found via Stephen Miller who tweets, “Bernie Sanders broke up Public … Read more

Disney’s Parks, Experiences & Products division is almost 40% of revenue…

…which is bigger than their streaming, direct-to-consumer and their entire studio (movie production) businesses put together. So much media focus on the launch of Disney+, which brought Disney 30 million paying subscribers in just a few months. But, 30m @ $7 a month works out at around $2.5bn a year, or just under 4% of Disney’s revenue. Just a friendly reminder … Read more

China: Worries of fake data/ Reports of empty factories in China that are running their engines to make it look like they’re operating.

by JealousEntrepreneur There are reports that empty factories are running their engines to make it look like they’re operating again. Here some interesting excerpts from the article: (Bloomberg) — The pressure to get China back to work after the coronavirus shutdown is resurrecting an old temptation: doctoring data so it shows senior officials what they … Read more

JPMorgan, Citi and Goldman Sachs all believe there hasn’t been enough pain to call a bottom yet

The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all fell more than 10% last week, their biggest weekly declines since October 2008. The decline’s swift nature prompted some calls for a capitulation rebound. However, strategists at JPMorgan, Citi and Goldman Sachs think there hasn’t been enough pain in the market yet for such … Read more

Italy has reported a 50% surge in new #coronavirus infections, jumping from 1,128 to 1,694 in just one day

BREAKING: Italy has reported a 50% surge in new #coronavirus infections, jumping from 1,128 to 1,694 in just one day, according to Italian Civil Protection chief Angelo Borrelli pic.twitter.com/j1WolmfLDE — Bloomberg Originals (@bbgoriginals) March 1, 2020 France cases more than doubled in 24 hours. #Coronavirus — EndGameWW3 🇺🇸 (@EndGameWW3) March 1, 2020

Market gonna break some necks this week

by arzt506 Last weekend I posted explaining how VIX was building huge pressure and peeps were gonna get wasted (https://www.reddit.com/r/wallstreetbets/comments/f85rkh/volatility_plays/). This week the VIX hit its highest point in almost 9 YEARS and whaddya know… this weekend we’re treated to a ton of converted gaylords who bought their puts on Friday morning hyping up every possible piece … Read more

The Limits of Force: A Bayonet in the Back Will Not Restore China’s Economy

by Charles Hugh-Smith Force cannot restore legitimacy, trust or confidence, nor can it magically erase the consequences of a still-unfolding national trauma. The Chinese authorities threatening to punish workers who refuse to return to work are getting a lesson in the limits of force in an unprecedented national trauma: a bayonet in the back will not … Read more

Reminder to those shrugging off widespread flight cancellations. Almost half of the world’s air freight is transported on passenger flights. Widespread cancellations will increase shortages, shipping costs, and delivery times.

by DontMicrowaveCats It’s a necessary evil right now…but nobody should be happy about it. I see a lot of people in here practically cheering as countries ban flights and airlines cancel routes. It appears many think the airline executives are the only people benefitting from keeping them operating…and profit is the only consideration when canceling … Read more

Hedge fund Elliott Management Corp. has obtained a large stake in Twitter and is advocating for changes, including replacing CEO Jack Dorsey, according to media reports.

https://www.cnn.com/2020/02/29/tech/elliott-twitter-jack-dorsey-replace/index.html What kind of shake up would this create in the social media world? Twitter has long been the subject of angst and frustration by groups of users for the way they handle differing opinions on the platform. Elliot Management is known to have been a major supporter of the Trump administration. Could this be … Read more