Second incursion on Taiwan by Chinese warplanes in two days! Is this the start of WW3?

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Even as China grapples with containing the corona virus outbreak, it’s found time to intensify military pressure on Taiwan. Chinese warplanes approached Taiwan on Monday for the second day in a row. Taiwan defense ministry said it scrambled jets as Chinese PLA planes briefly crossed the sensitive median line of the Taiwan Strait. China then … Read more

Three children died in Wuhan hospital, all placed in SINGLE body bag. UPDATED with additional video.

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The first link that I tried to post got taken down IMMEDIATELY “Three children died of infection. In order to save the body bag, the three children were wrapped together.” This link works Three children died of infection. In order to save the body bag, the three children were wrapped together.#Wuhan #coronavirus #CoronarvirusOutbreak #corornavirustruth #breaking … Read more

Prosecutor in Roger Stone case resigns after Justice Dept. backs away from sentencing recommendation – AP

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https://twitter.com/Breaking911/status/1227327098945183745 https://t.co/lIkt23S6ll — Shelly Anne (@shellyjehu) February 11, 2020 https://twitter.com/Breaking911/status/1227340662326136833 Second prosecutor in Stone case, Jonathan Kravis, announces in court filing he has resigned as assistant U.S. attorney. Kravis is a former Associate Counsel to President Obama who joined Mueller’s team in 2018.   TS

Judicial Watch announced it received 382 pages of docs showing Rosenstein’s comms w/former Obama officials…

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JUSTICE!!!! Tom Fitton of Judicial Watch is part of Q, I SWEAR~ BREAKING: Judicial Watch announced it received 382 pages of docs showing Rosenstein’s comms w/former Obama officials, including Eric Holder & info sharing w/the media in the days immediately surrounding the inception of the Mueller investigation These documents were obtained in response to a … Read more

Phony Bidenmania Has Bitten The Dust

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Joe Biden Downplays Expectations In New Hampshire As Voting Gets Underway. “As voters head to the polls in the New Hampshire primary, former Vice President Joe Biden announced Tuesday that he and his wife, Jill Biden would be fleeing the state for South Carolina as the campaign braces for another poor performance…Healthy campaigns expecting to … Read more

China’s Fatal Dilemma

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by Charles Hugh-Smith Ending the limited quarantine and falsely proclaiming China safe for visitors and business travelers will only re-introduce the virus to workplaces and infect foreigners. China faces an inescapably fatal dilemma: to save its economy from collapse, China’s leadership must end the quarantines soon and declare China “safe for travel and open for business” … Read more

Shares of Bedding Unicorn Casper Collapsed by 72% from Magical Pre-IPO Valuation

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Another overvalued money-losing unicorn in a lo-tech ho-hum business wobbled out the IPO window and crashed. By Wolf Richter for WOLF STREET. Casper Sleep Inc., a money-losing cash-burning retailer of foam-mattresses, duvets, sheets, and other bedding items, had dressed itself up as some sort of magical tech company to obtain its former hyper-inflated unicorn status with a fantastical … Read more

OK, it Gets Sticky: Job Openings Plunge the Most Since the Great Recession

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Down 15% from a year ago. Employment lags job openings by a few months. It hit the usual suspects but also the services industries, including finance & insurance, tech, and healthcare. By Wolf Richter for WOLF STREET. Let’s make this clear: these are job openings in December and prior months, before the novel coronavirus had shown up on … Read more

Intangible Assets: A Hidden but Crucial Driver of Company Value

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by visualcapitalist View the full-size version of this infographic. In 2018, intangible assets for S&P 500 companies hit a record value of $21 trillion. These assets, which are not physical in nature and include things like intellectual property, have rapidly risen in importance compared to tangible assets like cash. Today’s infographic from Raconteur highlights the growth of intangible asset valuations, and … Read more

Want a really deep dive down the rabbit hole?

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https://www.cbp.gov/newsroom/local-media-release/dulles-cbp-intercepts-dead-birds-passenger-baggage-china STERLING, Va. – U.S. Customs and Border Protection (CBP) agriculture specialists recently seized a package of tiny dead birds in a passenger’s baggage at Washington Dulles International Airport. The package of pet food fromChina consisted of tiny dead birds. The traveler arrived on a flight from Beijing, China January 27 and was destined to an … Read more

Coronavirus Outbreak Alert: Food Prices Skyrocket In China

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by Mac Slavo of SHTFplan Food prices have skyrocketed in China amidst the ongoing coronavirus outbreak plaguing the country. Food prices are soaring more than 20% according to government statistics released Monday. China’s consumer price index (CPI) spiked 5.4% compared to this time last year, the country’s state-run media organization Xinhua reported, citing the National Bureau of Statistics data … Read more

Chris Vermeulen: Mid-Caps, Transportation, Energy, And Financials Have All Started To Roll-Over

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by Chris Vermeulen of The Technical Traders STOCK MARKET SECTOR ROTATION SHOULD PEAK WITHIN 60+ DAYS The first part of this article highlighted what we believe is the start of a broad market sector rotation setup in the US and global markets.  This second part will highlight what we believe are excellent examples of sector trade setups for our friends … Read more

Chinese Tourism Has Come to a Halt

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by Martin Armstrong Anyone who has been traveling these past few years will notice the changes in tourism. Back in the ’90s, the number one tourist group was clearly Japanese. As their economy imploded thanks to government mismanagement, the next group was the Russians. When I was in Venice a year ago, there are a … Read more

Watch our cities decay. See it spread.

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by Fabius Maximus Summary: Rising homicide rates and normalization of theft are two epidemics afflicting some of America’s cities. These things spread, unless we do something to stop them. Since we accept them as normal, we’ll get more of them. “Paying for things is for dummies!” — Harley Quinn in Birds of Prey. Bad news for us … Read more

Tech/S&P ratio weekly RSI just hit the 2nd most overbought reading *of all time* (30 years). Just 5 stocks account for 20% of the S&P 500. Many big companies look so unstable

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Tech/S&P ratio weekly RSI just hit the 2nd most overbought reading *of all time* (30 years). History being made – it doesn't get much more extreme than this. Only one week ever closed higher – Jan 29 1999, the start of a five-month -15% correction. $XLK $SPT $SPX pic.twitter.com/6hCh4tI7fX — Macro Charts (@MacroCharts) February 10, … Read more

Supply Chain Woes Coming, First Quarter US GDP May Be as Low as 1.2%

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$AMZN stockpiling products made in China – this means likely supply chain woes coming — Alastair (@StockBoardAsset) February 10, 2020 $AAPL momentum has been lagging pic.twitter.com/35jKhM2jio — Alastair (@StockBoardAsset) February 10, 2020 monetary policy useless in fixing severed supply chains pic.twitter.com/LBEFaoXKxt — Alastair (@StockBoardAsset) February 10, 2020   First Quarter US GDP May Be as … Read more