There is a major disconnect between stock prices and underlying fundamentals

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There is a major disconnect between stock prices and underlying fundamentals. US economy-wide corporate profits have been in a declining growth trend and just turned negative. The same pattern led directly to past bear markets and recessions.https://t.co/pthziakG1d pic.twitter.com/4Hpn64eioF — Kevin C. Smith, CFA (@crescatkevin) January 30, 2020 Dip buyers, consider the following:https://t.co/9GuDlmurU4 Thanks for the … Read more

China’s share of global consumption today, relative to its level when SARS hit (via BCA Research)

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https://twitter.com/Birdyword/status/1222751730003140608 https://twitter.com/ZhaoyinFeng/status/1222905683957428224 Some people in China are taking no chances when it comes to personal protection against the coronavirus outbreak pic.twitter.com/ugykY9vQzq — South China Morning Post (@SCMPNews) January 30, 2020 Our first estimate of the impact of the #Wuhan #coronavirus on Asia. Watch the travelers. @ANZ_Research https://t.co/wRRlCWTN27 — Richard Yetsenga 叶森 🇦🇺 🇭🇰 🇹🇭 🇳🇱 … Read more

How fast is the Wuhan Virus spreading?

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by aesop_tables The information presented here was gathered from disease outbreak news reports from WHO, ECDC and CDC numbers for the current Wuhan coronavirus, and various news outlets when the Wuhan virus initially broke out. Stuff about the R0 was taken from publications by Althaus (2014), “Estimating the Reproduction Number of Ebola Virus (EBOV) During … Read more

In 2019, there was 516 homicides in Chicago. 356 in Philly. 348 in Baltimore. When will the democrats want to do something to actually help their cities?

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by smurfin101 Dems love using mass shootings to push their agenda. However, they completely ignore the murders that happen in their cities. It’s almost like they don’t even care? Chicago Stats – https://heyjackass.com/ Philly Stats – https://6abc.com/5802150/ Baltimore Stats – https://www.baltimoresun.com/news/crime/bs-md-ci-cr-2019-homicide-final-count-20200101-jnauuumukbdh3edsyypspsm3he-story.html Chicago has had Democrat mayors since 1931 – https://en.wikipedia.org/wiki/Mayor_of_Chicago Philly has had Democrat mayors since 1952 – https://en.wikipedia.org/wiki/List_of_mayors_of_Philadelphia Balitmore … Read more

Secret Service Agents And U.S. Marshals Are Patrolling Our Schools

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by mapi Image: Philadelphia Enquirer  The U.S. Secret Service and the U.S. Marshals Service has been expanding into America’s school system at an alarming rate. The Secret Service is training school administrators and teachers to identify violent students in numerous states like Pennsylvania, South Carolina, Louisiana and Kansas. As the Secret Service report “Protecting America’s Schools” mentions, there is no profile that school … Read more

Flynn Case Update – Flynn Files Motion to Dismiss, Declaration of Plea Reversal – DOJ Files Revised Sentence Recommendation for Probation Only…

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by sundance Lawyers representing Lt. General Michael Flynn have filed a motion to dismiss [pdf here] citing “government misconduct”.  Additionally Mr. Flynn has filed a declaration [pdf here] requesting to remove his prior guilty plea and take the case to trial.  Hours later the DOJ revised their sentencing memo, dropped their request for jail time and offered … Read more

The Housing Bubble: They Keep Pushing The System Until It Breaks

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by Dave Kranzler of Investment Research Dynamics The mortgage regulators are stretching the removal of mortgage qualifications to the limit in an effort to keep the housing party going. The Consumer Financial Protection Bureau (CPFB) is recommending the removal of the DTI as a factor in qualified mortgage underwriting. Ironically, tighter mortgage finance regulations were the purpose for … Read more

But of course: Illinois continues with automatic voter registration despite registration of noncitizens

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by DCG Demorat Governor JB Pritzker Just last week I told you how Illinois’ new automatic voter registration system led to a possible 545 non-U.S. citizens being registered to vote. Illinois Secretary of State Jesse White’s office said the data of 574 people who self-identified as non-citizens was erroneously forwarded to elections officials to be registered to vote. … Read more

UBS & Deutsche Bank going down

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UBS fires left and right and center – Clients bring cash home and tax evasion is dead – useless swiss bankers no longer needed – 25% headcount reduction in CH https://insideparadeplatz.ch/2020/01/30/abbau-ubs-ganze-etagen-leergefegt/ Deutsche Bank brings down headcount from 100,000 to 75,000 , also a 25% reduction – reporting 6b loss for 2019 again and no light … Read more

Flashback To A Don Lemon-Hosted Segment’s Previous Attack On Trump Supporters

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CNN panel sparks outrage by calling Kanye West the ‘token negro of the Trump administration’ as they ‘mock’ his mental health. A segment appeared on Tuesday night’s CNN Tonight with Don Lemon in which a black commentator said Kanye is ‘the token negro of the Trump administration’ Another black commentator said ‘Kanye West is what happens … Read more

Are We Setting Up For A Waterfall Stock Market Selloff?

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by Chris Vermeulen of The Technical Traders Most traders understand what a “Waterfall event” is if you’ve been trading for more than 3 years.  Nearly every downside price reversion event initiates in a breakdown event (the first tier of the waterfall event) which is followed by additional deeper waterfall price collapses.  Almost like price breaks lower, finds support, … Read more

Doctor believes Coronavirus was bioengineered for research purposes and escaped

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https://youtu.be/-nxSSh2KjZc “Scientists: Asians at much higher risk due to ACE2 cells “This might explain the observation that the new Coronavirus pandemic and previous SARS-Cov pandemic are concentrated in the Asian area”” Huge variance across populations, with East Asians usually at the top (meaning highest risk infection), and Europeans usually at the bottom (meaning lowest risk … Read more