It Starts: Apple Throws Revenue Guidance Out the Window, on Supply Chain Woes & Sales Collapse in China

by

This will become an often-played tune over the next few months, delineating how dependent Corporate America has become on China. By Wolf Richter for WOLF STREET. China’s official reaction to the coronavirus – locking down mega-cities, shutting down part of the transportation system, closing factories and retail stores for weeks, etc. – largely shut down production and crushed … Read more

MSM Getting Ahead Of Stories, Panic, It’s Going To Be A Very Hot [Spring/Summer]

by

https://www.youtube.com/watch?v=RerQ7uPv9nM The [DS]/MSM are pushing new stories to get ahead of what is coming, this will fail. The MSM/[DS] are prepared and ready to spin the truth, but this will fail. Barr needed the correct optics and now we see why, the MSM/[DS] are pushing their list of “officials” who say Barr should resign, this … Read more

Signs Of A Market Top, Part 2: Investors “Give Up Bargain Hunting,” Pile Into Big Tech

by

BY JOHN RUBINO One of the last things to be tossed overboard in the late innings of a bull market is discrimination. Instead of comparing the valuations of different assets and buying relative bargains, investors (known in retrospect as “dumb money”) just pour cash into the things that have been going up. This gives those … Read more

Coronavirus Shutdown Leads to Massive Chicken Slaughter, Soaring Meat Prices Ahead

by

https://www.youtube.com/watch?v=alUErz81jUw Coronavirus fears force China into mass chicken cull Beijing to import US birds as traffic shutdown leads to poultry feed shortages. Farmers have already slaughtered at least 100 million young chickens because travel restrictions imposed to control the spread of the coronavirus have blocked shipments of animal feed. Learn More: https://strangesounds.org/2020/02/coronavirus-shutdown-mass-chicken-slaughter-china-food-shortage-meat-price-increase.html

Mini Tanks Deployed to Disinfect Streets and Objects In China

by

https://www.youtube.com/watch?v=j7Woz-8l1Xc Authorities in China have resorted to using remote-control operated mini tanks to disinfect city streets amid the deadly coronavirus outbreak that’s sickened over 70,500 in the country and killed at least 1,770. The tank, which was developed by Shanxi Tianyi Technology Co. Ltd., was originally designed to disinfect prisons and can cover up to … Read more

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

by

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?

by

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!

by

*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.

by

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

by

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

by

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