Wuhan’s hospitals are to capacity; we’ve heard it from innumerable sources. Yet, there are only 1,700 verified infections. Time for a bit of math.

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by TheBelowIsFalse Tonji Hospital; world-class facility 4,000 beds Wuhan Asia Heart Hospital 760 beds Wuhan Central Hospital Unknown number of beds; likely at least 2,000-4,000 Remnin Hospital of Wuhan 2,300 beds And they’re still rushing a new 1,000 bed hospital. (Stopped listing details when I realized how many hospitals are in the city of Wuhan.) … Read more

Small Cap Underperformance Is Not Over

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by Tom McClellan Small cap stocks have been underperforming large ones since mid-2018, and this underperformance should continue until the end of 2020. This week’s chart shows a relative strength line (green) for the Russell 2000 Index versus the Russell 1000.  It is a very simple calculation, dividing the R2’s index value by the R1’s.  When … Read more

It’s The Seinfeld Impeachment — A Show About Nothing. Except That People Watched Seinfeld.

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Even DC is ignoring impeachment: 63% have watched ‘none’ of trial. You’d think that the city that brought the nation the impeachment of President Trump would care enough to watch the Senate trial that some TV analysts have called “dazzling.” But you’d be wrong. According to an online “InstaPoll” from Fox 5, a whopping 63% haven’t watched … Read more

Chris Vermeulen: JANUARY 2018 STOCK MARKET REPEAT – YIKES!

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by Chris Vermeulen of The Technical Traders Our research team caught a very interesting price pattern that correlates with the Put/Call ratio.  We are alerting our friends and followers with this research post of this exciting, yet unconfirmed, set up today. In late 2017, the US stock market rallied from July through December with moderately low volatility throughout … Read more

Demand Fears Are Driving Today’s Oil Markets

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By Nick Cunningham Oil prices fell close to a three-month low on Friday, dragged down further by fears of weak demand. The proximate driver is the coronavirus in China, which is raising concerns about a hit to the economy and slower oil demand growth. “One should be prepared for negative surprises when it comes to … Read more

Naughty librarians to face 1 year in prison

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by Simon Black Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, your finances, and your prosperity. Which specific body parts can women expose before being sex offenders? After installing fiberglass insulation, Tilli Buchanan and her husband stripped off … Read more

Govt Threatens To Demolish Amish Homes Because They’re Not “Up To Code”

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by Simon Black via Sovereign Man Are you ready for this week’s absurdity? Here’s our roll-up of the most ridiculous stories from around the world that are threats to your liberty, your finances, and your prosperity. Which specific body parts can women expose before being sex offenders? After installing fiberglass insulation, Tilli Buchanan and her husband stripped off … Read more

More boots on the ground in Wuhan: Mask-wearing soldiers roll into locked-down city with 14,000 hazmat suits as part of huge operation to build two hospitals and contain deadly outbreak

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Soldiers unloaded medical supplies from the back of a jet in Wuhan on Saturday City of 11million remains locked-down as death toll in China increased to 56 Beijing has said the country is entering a ‘crucial stage’ in dealing with the virus  It comes as the number of cases reported worldwide soared to over 2,000  … Read more

‘NOTHING TO CATCH US:’ How California’s homelessness crisis surged.

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via nbcnews Many blame mental illness and drug addiction for the soaring numbers, but experts say that is only part of the puzzle. The state’s severe housing shortage that has forced rents to increase at twice the rate of the national average and put the median price of a single family home at $615,000, has also contributed … Read more

We can’t know how bad it is in China. We can only know that the PRC government will lie about how bad it is, and the worse it is, the more they will lie.

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Relax, Probably Just A Coincidence.Doctor at hospital in Wuhan dies after treating patients with coronavirus.“A doctor working at a hospital in Wuhan, China — treating patients stricken with the coronavirus — died Saturday morning. Liang Wudong, 62, died after he was infected with Wuhan coronavirus.” Related: Is Beijing suppressing the true scale of infections? Nurse treating … Read more

Anxious foreigners await rescue from China virus epicenter

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via japantimes.co.jp: Excerpt “In the past week we’ve not been able to go out and buy anything to eat,” said Mashal Jamalzai, a political science student from Afghanistan at Central China Normal University. He said that he and his classmates had been living on biscuits, and his embassy had not responded to requests for help. “We … Read more

USDA Admits China Has Bought ZERO Soybeans Since Trade Deal! Economy & Manufacturing Slump!

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When the bubble pops, the average person will be left holding the leftover scraps. The pensions will be slashed. The 401k’s will be decimated. The stocks will be punished. Those who borrowed from their home equity will feel sickened as they find themselves underwater. The actions of the Fed and other central banks should not … Read more