Breaking news, updates, and reports on current events.
Submitted by Tuomas Malinen of GnS Economics Coronavirus and the world economy The outbreak of the coronavirus epidemic in China has shaken the global asset markets—and with good reason. The coronavirus has the potential of being the ‘trigger’ which will push the world into a global depression. Here, we briefly explain why. The outbreak It looks … Read more
All this bubblenomics makes my head hurt. MEXICO CITY—For two years, the legendary late-night snack spot El Moro relied on Uber Eats to deliver its churros and hot cocoa to takeout customers across the capital. Then, in late 2018, it dumped the Uber Technologies Inc. app for an exclusive deal with rival delivery startup … Read more
by Happy_Harry This section of the Premium Tax Credit (1095-A form) section directs you to add the totals of all 1095-A forms together for lines 33A, 33B, and 33C. However, if you read the instructions for Form 8962, it explicitly says you are NOT supposed to add the amounts together for column B. The column B totals should … Read more
15 central banks made net purchases of a tonne or more, highlighting continued breadth of demand Central banks added 650.3t to global official gold reserves in 2019, 1% lower y-o-y 15 central banks made net purchases of a tonne or more, highlighting continued breadth of demand This marks ten consecutive years of net purchases, with … Read more
There is a major disconnect between stock prices and underlying fundamentals. US economy-wide corporate profits have been in a declining growth trend and just turned negative. The same pattern led directly to past bear markets and recessions.https://t.co/pthziakG1d pic.twitter.com/4Hpn64eioF — Kevin C. Smith, CFA (@crescatkevin) January 30, 2020 Dip buyers, consider the following:https://t.co/9GuDlmurU4 Thanks for the … Read more
https://twitter.com/Birdyword/status/1222751730003140608 https://twitter.com/ZhaoyinFeng/status/1222905683957428224 Some people in China are taking no chances when it comes to personal protection against the coronavirus outbreak pic.twitter.com/ugykY9vQzq — South China Morning Post (@SCMPNews) January 30, 2020 Our first estimate of the impact of the #Wuhan #coronavirus on Asia. Watch the travelers. @ANZ_Research https://t.co/wRRlCWTN27 — Richard Yetsenga 叶森 🇦🇺 🇭🇰 🇹🇭 🇳🇱 … Read more
by aesop_tables The information presented here was gathered from disease outbreak news reports from WHO, ECDC and CDC numbers for the current Wuhan coronavirus, and various news outlets when the Wuhan virus initially broke out. Stuff about the R0 was taken from publications by Althaus (2014), “Estimating the Reproduction Number of Ebola Virus (EBOV) During … Read more
(Bloomberg) — A key slice of the U.S. yield curve inverted on Thursday for the first time since October, reviving memories of growth fears that plagued investors last year and signaling doubts that the Federal Reserve will succeed in reviving inflation. The gap between the yield on three-month and 10-year Treasuries at one point slipped … Read more
https://www.youtube.com/watch?v=5PAbpYJPe2k The out of control wildfire was threatening homes near the Pearce Royal Australian Air Force base in Bullsbrook, according to local media. Smoke was engulfing the base and firefighters in a truck were trying to extinguish the flames near the runways.
by smurfin101 Dems love using mass shootings to push their agenda. However, they completely ignore the murders that happen in their cities. It’s almost like they don’t even care? Chicago Stats – https://heyjackass.com/ Philly Stats – https://6abc.com/5802150/ Baltimore Stats – https://www.baltimoresun.com/news/crime/bs-md-ci-cr-2019-homicide-final-count-20200101-jnauuumukbdh3edsyypspsm3he-story.html Chicago has had Democrat mayors since 1931 – https://en.wikipedia.org/wiki/Mayor_of_Chicago Philly has had Democrat mayors since 1952 – https://en.wikipedia.org/wiki/List_of_mayors_of_Philadelphia Balitmore … Read more
by mapi Image: Philadelphia Enquirer The U.S. Secret Service and the U.S. Marshals Service has been expanding into America’s school system at an alarming rate. The Secret Service is training school administrators and teachers to identify violent students in numerous states like Pennsylvania, South Carolina, Louisiana and Kansas. As the Secret Service report “Protecting America’s Schools” mentions, there is no profile that school … Read more
by sundance Lawyers representing Lt. General Michael Flynn have filed a motion to dismiss [pdf here] citing “government misconduct”. Additionally Mr. Flynn has filed a declaration [pdf here] requesting to remove his prior guilty plea and take the case to trial. Hours later the DOJ revised their sentencing memo, dropped their request for jail time and offered … Read more
by Dave Kranzler of Investment Research Dynamics The mortgage regulators are stretching the removal of mortgage qualifications to the limit in an effort to keep the housing party going. The Consumer Financial Protection Bureau (CPFB) is recommending the removal of the DTI as a factor in qualified mortgage underwriting. Ironically, tighter mortgage finance regulations were the purpose for … Read more
by DCG Demorat Governor JB Pritzker Just last week I told you how Illinois’ new automatic voter registration system led to a possible 545 non-U.S. citizens being registered to vote. Illinois Secretary of State Jesse White’s office said the data of 574 people who self-identified as non-citizens was erroneously forwarded to elections officials to be registered to vote. … Read more
UBS fires left and right and center – Clients bring cash home and tax evasion is dead – useless swiss bankers no longer needed – 25% headcount reduction in CH https://insideparadeplatz.ch/2020/01/30/abbau-ubs-ganze-etagen-leergefegt/ Deutsche Bank brings down headcount from 100,000 to 75,000 , also a 25% reduction – reporting 6b loss for 2019 again and no light … Read more
Rep. Jim Jordan, R-Ohio, was asked about Republicans’ line of questioning for Lt. Col. Alexander Vindman and the whistleblower’s identity. He said the questions were to determine “credibility” as well as “bias and motive.”
CNN panel sparks outrage by calling Kanye West the ‘token negro of the Trump administration’ as they ‘mock’ his mental health. A segment appeared on Tuesday night’s CNN Tonight with Don Lemon in which a black commentator said Kanye is ‘the token negro of the Trump administration’ Another black commentator said ‘Kanye West is what happens … Read more
