China: Just when you thought things could not get worse

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#China >>Just when you thought things could not get worse 😳 #birdflu https://t.co/jX05L2PkRM — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) February 1, 2020 Just for curiosity sake…China air traffic >>https://t.co/1J7UXk1sNB pic.twitter.com/7uP47BSPGH — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) January 31, 2020 ICYMI overnight…$AAPL closing all China stores, will reopen in 10 Feb. https://t.co/JtPleP0Y0V — Tracy Shuchart (𝒞𝒽𝒾 … Read more

S&P 500 tech the most overbought in 20 years…

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S&P 500 tech the most verbought in 20 years… pic.twitter.com/PklPV19yqW — fiatcurrency (@fiatcurrency) January 31, 2020 An abundance of valuation absurdities in this manic market. $SHOP is just another example. EV to sales jumped from 12 to 36 times last year as revenue growth decelerated and negative free cash flow continued. 510 times 2020 expected … Read more

Global Slowdown, Internal Issues Hit Mexico: GDP Drops for First Time Since 2009

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President AMLO put it this way: “There may be no growth but there’s development and well-being, which are different.” By Nick Corbishley, for WOLF STREET: For Mexico’s economy, 2019 was not a good year. The country entered a mild technical recession in the first half and by the end of the year had registered its first annual … Read more

Big Fed Lie

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by northmantrader In real life you can always tell when someone has something to hide when they get really evasive in their answers. And boy was Jay Powell evasive in his press conference yesterday. Twice he was asked about the Fed’s policies causing risk assets to rise, twice he skirted with a non answer: Powell on … Read more

Weakest Economy In 4 Years

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by UPFINA Year over year Q4 GDP growth was 2.3% and quarter over growth was 2.1% which met estimates. The St. Louis Fed Nowcast was the most accurate Nowcast as it was perfect. There weren’t many surprises in this report as it was consistent with previous reports during the quarter. Full year GDP growth was 2.3% … Read more

China Coronavirus: Blame and Coverups

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Who’s to blame for the deadly coronavirus that has spread from Wuhan, China to the rest of the world? High ranking Chinese Communist officials are blaming low ranking officials. Low ranking officials are blaming high ranking officials. And Wuhan residents are being targeted most of all.

Will The Next Bank Bailout Bankrupt America?

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by Dennis Miller Can bank bailouts bankrupt America? Why would congress let it happen? In a recent Daily Pfennig, friend Chuck Butler tells about educating his grandsons about the worst president there has ever been: “…. I couldn’t let that one slip … I explained to them that Woodrow Wilson was the all-time worst president, … culminating … Read more

Social Media Networks Vow to CENSOR “Misinformation” About Coronavirus

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by Daisy Luther Yesterday, social media giants like Facebook and Twitter, and search engine Google announced their intentions to censor – um, crack down on – so-called “misinformation” about the coronavirus that is spreading across the globe. Before we get started here, admittedly, there’s some absolutely terrible advice out there about preventing or curing coronavirus. There are … Read more

Entire School District In Ohio Closes For Two Days After 600 Students Call In Sick

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CLEVES, Ohio (CBS Local) — An entire school district in Ohio was shut down for two days this week after nearly 600 students called in sick, the district’s superintendent said. All classes and after school activities at Three Rivers Local School District in Cleves were cancelled for Thursday, Jan. 30 and Friday, Jan. 31. because of … Read more

COULD TODAY GET ANY BETTER? YES, YES IT COULD.

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Hey @SpeakerPelosi, Guess what 👇👇👇👇 dreamers are screaming! You’re a LIAR 🤥! You’re a LIAR 🤥! You’re a LIAR 🤥!pic.twitter.com/7QrFcvrMrp — 🇺🇸 Pismo 🇺🇸 (@Pismo_B) January 31, 2020 Nancy Pelosi suffered a massive Conniption Fit Thursday as the Dems Impeachment case Imploded https://www.youtube.com/watch?v=pkDf8q6sKsk   h/t GR

VIDEO: Michael Moore’s furious rant: Racist DNC ‘disgusting’ for letting Bloomberg buy his way on stage #MELTDOWN

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VIDEO: Michael Moore’s furious rant: Racist DNC ‘disgusting’ for letting Bloomberg buy his way on stage, shunning ‘diverse’ candidates #MELTDOWN [Video at the link] https://www.bizpacreview.com/2020/02/01/michael-moore-racist-dnc-disgusting-for-letting-bloomberg-buy-his-way-on-stage-shunning-diverse-candidates-881737 Mirror – but incomplete: I don’t know anyone who loves the people of this country more than Michael Moore @MMFlint pic.twitter.com/3QlLg18zkr — Rafael Shimunov 🍉 🕎 (@rafaelshimunov) February 1, 2020 … Read more