by confoundedinterest Sink The European Union (EU)! Deutsche Bank slipped to a larger than expected loss of €5.7bn (£4.8bn) last year, as the costs of its turnaround drive hit profits. The German banking giant has now posted losses for five consecutive years. Deutsche has struggled with misconduct scandals, failed US growth plans and an abortive merger … Read more
Recession Signal Is Raising Its Ugly Head Again: Forbes With the rapid decline in the 10-year U.S. Treasury yield falling below the 3-month rate, a reliable recession indicator is coming into play again. One day does not make a trend but it is worthwhile to remember that this inversion ran for four and a half … Read more
by Jeff Clark, Senior Analyst, GoldSilver.com Gold has been a safe haven for literally thousands of years. But how effective is it as a “hedge”? A hedge is an asset that tends to rise when others fall. For example, an investor holding common stocks might find it advantageous to hold some gold too, since it has historically … Read more
by Gnarldalf Sell out your FXI puts. They track major Chinese companies listed in the HK exchange. Those companies have been slowly bleeding over the last 2 weeks. Buy ASHR puts. ASHR tracks Shanghai listed companies. The drops in the SSE and A50 Chinese indexes are better captured by ASHR than FXI. These are the … Read more
From NY Times: Unexpectedly bad data leaves Europe with little margin for error as Brexit takes effect and the coronavirus looms. From Reuters: French economy shrinks in fourth quarter as strikes bite. Italy’s economy has also been struggling. Additionally it could be a big issue if Trump turns his eyes to Europe. Currently the US has a 2.5% … Read more
(Bloomberg) — Chinese oil demand has dropped by about three million barrels a day, or 20% of total consumption, as the coronavirus squeezes the economy, according to people with inside knowledge of the country’s energy industry. The drop is probably the largest demand shock the oil market has suffered since the global financial crisis of … Read more
https://twitter.com/NorthmanTrader/status/1224349232175501312 China Seeking "Flexibility" On Phase 1 Trade Pledges As Its Economy Grinds To A Halt https://t.co/takNlMaS2d#coronavirus — Alastair (@StockBoardAsset) February 3, 2020
This market was historically stretched three years ago valuation-wise. Recently, it became the most stupid ever. January 17, 2020 was the likely peak of an idiotic speculative mania. My bet: Dip buyers today will get slaughtered. Selling panic ahead! https://t.co/CJS4NQTt9d — Kevin C. Smith, CFA (@crescatkevin) February 3, 2020 A viewer writes in: "If Apple … Read more
by tipfom View post on imgur.com The animation shows the (total) number of confirmer infections in Mainland Chinese with the nCoV-2019 and how fits to an exponential and sigmoidal growth function. TLDR: Do NOT panic, this plot is meant to be beautiful and maybe increase interest and no one should use it to predict the … Read more
by BringingBackTheLudes Source: https://www.sportingnews.com/us/nfl/news/super-bowl-53-commercials-how-much-do-ads-cost-in-2019/l9ghpuv7kwwq1uhwy9xd35rhm Tools: Excel. MS Paint to export. I realized that Wikipedia Listed the average cost of a 30 second Super Bowl Ad and was curious how that number has changed over time.
https://twitter.com/anilvohra69/status/1224364446513975296 Quite the coincidence. The ISM manages to surprise with a 50.9 print, but with only 44% of industries reporting any growth. Exact same metrics (headline print and share of industries reporting growth) as in January 2008… the first month of the recession that so few saw coming. — David Rosenberg (@EconguyRosie) February 3, 2020 … Read more
Read the following last week, from what seems to be a reliable source. https://humanevents.com/2020/01/29/wuhan-a-human-catastrophe/ “Our hospital is already the first-rated (medical level) in the country,” he said in the chat. “If a nurse, or a doctor is infected, just like SARS, it is unavoidable that people in the whole section are potentially infected too. You … Read more
by Chris We all have genetic variations. In particular, different enzymes and proteins in our bodies have slightly varying configurations and many of these are more heavily or lightly expressed depending on your race. These variants can be quite useful for predicting certain disease outcomes, or tracing genetic routes. In fact, when you do a … Read more
Coronavirus detected on doorknob in S. China’s Guangzhou Scientists in south China’s Guangzhou on Sunday detected the nucleic acid of the novel coronavirus (2019-nCoV) on a doorknob at the house of a patient diagnosed with the disease, according to an official for the Disease Control and Prevention Center in Guangzhou, the capital city of Guangdong Province. In addition, other … Read more
The DOW and the S&P 500 stock indices are in the process of printing classic shooting star candles for the month of January. There haven’t been more doomy candlesticks on these two indices for a decade, and they portend a major, major top. The NASDAQ doesn’t quite share this pattern so it might be worth … Read more
Notice about stock market in #China. No one is allowed to sell when the market resume on Feb. 3. Biding price to be controlled before opening, no net sell before Feb. 7. Needs special permission for sales over 10M yuan. #CCP fearing market crash #Coronavirus #CoronavirusOutbreak pic.twitter.com/lnGIdQJCe2 — Inconvenient Truths by Jennifer Zeng (@jenniferzeng97) February … Read more
by Gnarldalf China opened up their market and their SSE and A50 indeces dropped 8%. Hard drop. Won’t drop further down cause the gov wont let them sell, and it sure as hell aint gonna go up cause nobody in their right mind will buy shit when they’ll stay quarantined till the 10th. I hope … Read more
by kashflowz So wuhan has a population of about 11 million. And it was said that a crematorium had run out of body bags due to so many people dying. BUT china claims only 200ish people have died so far…Math says untrue. Here I explain. The average mortality rate is ~8 people per 1000 in … Read more
by oranguthang87 SunTrust Robinson Humphrey boosted Biogen Inc (NASDAQ: BIIB) price target from $337 to $360. Biogen closed at $268.85 on Friday. Raymond James raised the price target for Charter Communications Inc (NASDAQ: CHTR) from $525 to $600. Charter Communications shares closed at $517.46 on Friday. Deutsche Bank boosted the price target for Applied Materials, Inc. (NASDAQ: AMAT) from $60 to … Read more
by Michael Snyder Sometimes we overlook the obvious because we don’t like the implications. Right now, China is being hit with plague after plague. As I discussed earlier today, the epicenter for the worst coronavirus outbreak in modern human history is in China, the worst African Swine Fever pandemic ever recorded has wiped out “about two-thirds of … Read more