Don’t look now, but Goldman Sachs is saying the economy is nearly recession-proof.

Don't look now, but Goldman Sachs is saying the economy is nearly recession-proof. https://t.co/iLSpL90TBJ — CNBC (@CNBC) February 16, 2020 "The Fed has eliminated the risk of recession in the U.S. because of their interventions."Hmmm…..#Japan owns 80% of the ETF markets, runs QE roughly 3x the size of the U.S., and runs a massive #deficit … Read more

Are hospitals around the world ready for this?

https://twitter.com/howroute/status/1229221392526299139 Terrific. So with a 24 day incubation period + a difficulty to test it + it resembling flu until late stages this can easily be roaming free in sensitive nations such as India or in Africa. https://t.co/9JvaeU051e — John Tuld (@BradHuston) February 17, 2020 https://twitter.com/aussietorres/status/1229438889804410880

We might look at these stories and think bad news. The market sees more printing!

*NINTENDO IS LIKELY TO SUFFER GLOBAL SWITCH SHORTAGES FROM VIRUS*THAILAND CUTS 2020GDP GROWTH ESTIMATE TO RANGE OF 1.5% TO 2.5%*SINGAPORE LOWERS 2020GDP GROWTH EST. RANGE TO -0.5% TO 1.5% You (and I) might look at these stories and think bad news. The mkt sees more printing! — Jim Bianco (@biancoresearch) February 17, 2020 Japan is … Read more

Oops! #Apple warns on coronavirus — it won’t meet revenue guidance because of constrained iPhone supply and suppressed demand in #China.

Oops! #Apple warns on coronavirus — it won’t meet revenue guidance because of constrained iPhone supply and suppressed demand in #China. pic.twitter.com/FlxhlqC4ZP — Holger Zschaepitz (@Schuldensuehner) February 17, 2020 $AAPL Apple: Do Not Expect To Meet Revenue Guidance For March Quarter-Work Is Starting To Resume Around China , But Experiencing A Slower Return To Normal … Read more

BOOM! Look How Much Money The Pentagon Is Shifting In Funds To Support Border Wall Construction

https://www.youtube.com/watch?v=v5XtW9u3Pa4 Jason Hopkins from The Daily Caller reports, The Trump administration announced that it is reallocating $3.8 billion in weapons programs to support construction of the U.S.-Mexico border wall, upsetting lawmakers who argue the White House is sidestepping their authority. Read More/Source/Credit/FairUse: https://dailycaller.com/2020/02/13/tr…

China’s healthcare system collapses as hospital director at Wuhan hospital, dead from the corona virus, causes panic among worker

The director of a hospital in Wuhan, the epicenter of the coronavirus outbreak in China, is fighting for his life from the deadly illness, according to a report — which came after state-run media initially said that he’d died. Dr. Liu Zhiming, head of Wuchang Hospital, fell critically ill with the coronavirus that broke out … Read more

Oil Down on Cornavirus Woes & Zuckerberg Meets EU Officials amid Scrutiny

https://www.youtube.com/watch?v=2NtoiqEv3Hg The coronavirus continues to infect several sectors of the global economy, especially with the drop in Chinese tourism. We break down the slope in oil and where markets go from here. Plus, the U.S. pressure campaign against Huawei continues to heat up as the Trump administration is threatening to withhold intelligence. We break down … Read more

Living robots built using frog cells

A book is made of wood. But it is not a tree. The dead cells have been repurposed to serve another need. Now a team of scientists has repurposed living cells — scraped from frog embryos — and assembled them into entirely new life-forms. These millimeter-wide “xenobots” can move toward a target, perhaps pick up … Read more

Warren Buffett’s Stock Moves Warn of Looming Recession for U.S. Economy

via CCN Berkshire Hathaway has moved into defensive stocks as stakes in recession-prone companies were cut. Warren Buffett’s heavy exposure to financials is now lower. Charlie Munger recently warned of “lots of troubles” ahead for the economy. Warren Buffett’s most recent stock purchases point to growing concerns that an economic downturn is right ahead. A … Read more