Media creating ‘a panic that is far worse’ than coronavirus outbreak

https://www.washingtonexaminer.com/news/…s-outbreak Celebrity physician Dr. Drew Pinsky said the “media should be ashamed of themselves” for creating “panic” around the coronavirus outbreak. Pinsky said journalists created “a panic that is far worse than the viral outbreak” during his interview on the Washington Examiner’s podcast Examining Politics, which was hosted by Larry O’Connor. “I don’t claim to … Read more

SPAIN: The Municipal Police of Madrid uses the public address system to clear the streets: “Go back to your homes for the well-being of all”

The alert by the coronavirus launched by the Administrations has not deterred the citizens of Madrid to go out into the street. For that reason, the city Council has been forced to close all the parks of the city before the crush of people, confirm from the Area of Environment and Mobility. A few parks which include both the … Read more

A man has died during a flight from Dubai to Boston and will be tested for coronavirus “in an abundance of caution,” according to state police.

A man has died during a flight from Dubai to Boston and will be tested for coronavirus "in an abundance of caution," according to state police. He had been sick with gastrointestinal problems for several days and had no underlying health issues. pic.twitter.com/bpc2Mf7MsE — BNO News (@BNOFeed) March 14, 2020  

VERY IMPORTANT – Taking anti-inflammatory drugs (Ibuprofen, Cortisone, etc) could be an aggravating factor of the infection

BREAKING – Taking anti-inflammatory drugs (Ibuprofen, Cortisone, etc) could be an aggravating factor of the infection. If you have a fever, take Paracetamol. If you are already on anti-inflammatory drugs or in doubt, ask your doctor for advice, says the French Minister of Health. https://twitter.com/disclosetv/status/1238790218398019590?s=20 ⚠️ #COVIDー19 | La prise d'anti-inflammatoires (ibuprofène, cortisone, …) pourrait … Read more

BNO Newsroom – More countries and overseas territories reporting their first cases: – Gabon – Ghana – Trinidad and Tobago…

BNO Newsroom @BNODesk · 2h More countries and overseas territories reporting their first cases: – Gabon – Ghana – Trinidad and Tobago – Kazakhstan – Kosovo – Suriname – Aruba – Guadeloupe – Cayman Islands Tweets by EndGameWW3 BNO Newsroom @BNODesk · 2h Countries reporting their first cases today: – Uruguay 4 – Venezuela 2 … Read more

Where We Go From Here

by Demandredz Wow, what a crazy week. The S&P 500 ended up down about 20%, developed markets in dollar terms are down about 24% according to the price action in IEFA, and we’re down about 18% in emerging markets (IEMG). Global equities were worth about $90 trillion at the start, and are about $72 trillion … Read more

Signs suggest a good chance of historic market movements coming next week.

by cischiral Here is a graph of market up v.s. down days (shamelessly stolen from http://www.wolfstreet.com). Notably BOTH the upward movements and the downward movements have been trending larger over time since the start of the crash. Obviously this trend is unsustainable and it will stop at some point, but at the moment it looks full steam … Read more

Does this mean the street is not interested in liquidity to make markets? They only want to liquidate?

Second of Fed's half trillion Dud-zookas and guess how much dealers bid for? $17bln out of $500bln. A crisis is upon us, the scale of which we won’t know for some time, and no one wants the Fed’s “money.”https://t.co/dPogGbgYNA pic.twitter.com/4xjUaqbXye — Jeffrey P. Snider (@JeffSnider_EDU) March 13, 2020 BBB alarm pic.twitter.com/p9xZs6P9ms — Win Smart, CFA … Read more

Watch for Florida replacing Washington as the epicenter:

·      Washington has been hunkering down, closing schools, setting limits on numbers for gatherings, canceling events, and self isolating with even mega corps like Microsoft closing their campus and requiring workers to work from home. ·      Florida: Spring Breakers – ie college students from all over the USA who have not been tested – party on … Read more

Buckle Up: The CDC is hiring Quarantine officers

by dog https://www.usajobs.gov/GetJob/ViewDetails/549063900 Summary Serve as a project representative for a program responsible for preventing the importation and spread of communicable diseases. Salary $51,440 to $93,077 per year Locations Many vacancies in the following locations:   Anchorage, AK    Los Angeles, CA    San Diego, CA    San Francisco, CA  Show fewer locations (16)   Miami, … Read more

Icahn reveals his biggest short position amid market turmoil: Commercial real estate

https://www.cnbc.com/2020/03/13/icahn-reveals-his-biggest-short-position-amid-market-turmoil-commercial-real-estate.html Billionaire investor Carl Icahn told CNBC he expects the U.S. commercial real estate market will crumble. He said he is shorting the commercial mortgage bond market, and it’s his “biggest position by far.” He said the housing market bubble of 2008 has “happened all over again.”     I guess wework never really stood a … Read more

How worried should we be about a corporate debt ‘bomb’ exploding?

by BillionDollaWhale There is currently near record amounts of corporate debt that was fueled by extremely long lasting low interest rates. This article was written prior to the virus outbreak, but especially sounds prescient now: https://www.washingtonpost.com/business/economy/corporate-debt-nears-a-record-10-trillion-and-borrowing-binge-poses-new-risks/2019/11/29/1f86ba3e-114b-11ea-bf62-eadd5d11f559_story.html If there is a severe economic contraction due to the virus, does this exponentially get worse if companies start … Read more

NARRATIVES ARE DROPPING LIKE CNN RATINGS…

Hell freezes over. Gov. Cuomo publicly praises President Trump and the Vice President for corona response Gov. Andrew Cuomo on New York's drive-through coronavirus mobile testing center: "I want to thank the Vice President and especially the President who facilitated this and moved quickly." pic.twitter.com/jEeCsA6WeF — Francis Brennan (@FrancisBrennan) March 13, 2020 ART OF THE … Read more