Ultra wealthy beginning to hoard money at home. Could be simple greed or more evidence of the wealthy becoming doomsday preppers

by

Increasingly some of the extremely wealthy are showing signs of becoming preppers Some ultra-wealthy are eschewing Swiss bank accounts in favor of private safes and storage. https://t.co/S3P7l0FkTx — CNN (@CNN) January 23, 2020 Davos, Switzerland (CNN Business)Banks are meant to hold cash. But in Switzerland, some rich savers are looking for alternatives. Swiss private bankers … Read more

The CIA’s “Signature School” Is Equipping Firefighters With Wearable Emotion/Facial Recognition Devices

by

by mapi credit: Smart firefighting Over the years, I have written about the possible dangers of firefighters carrying weapons and being trained like SWAT teams. But this latest story will leave you scratching your head and wondering what the CIA’s “Signature School” has done to America’s firefighters. Last week the University of New Mexico (UNM) announced that they have created a … Read more

Soros at it Again! This Time There is NO Opposition & he Wants to Completely Destroy US

by

https://www.youtube.com/watch?v=m_gEvs8V5xE Wendy Welsh joins the program to explain Citizens United and how it has again reared its ugly head. This time though, Soros, and others like him, want to reverse the Supreme Court decision to allow the corporate media complete control over the minds of voters. They want to not only change the law in … Read more

‘This time I’m scared’: SARS virologist warns Wuhan virus far worse, as China locks down second city

by

via theglobeandmail The virus that has infected hundreds in China shows signs of being far worse than SARS, a prominent virologist has warned after travelling to Wuhan. Yi Guan, who played an important role in tracing the development of SARS, spoke just hours before Chinese authorities prepared to put a second city on lockdown, employing increasingly … Read more

Boris Says UK Has Crossed the ‘Brexit Finish Line’, Parliamentarians Pass Bill

by

The government’s bill implementing the withdrawal deal has passed through both Houses of Parliament, meaning the UK will finally be leaving the EU on January 31st, 2020. On Wednesday evening, MPs in the House of Commons rejected the amendments to the European Union (Withdrawal Agreement) Bill proposed by the House of Lords. The upper house … Read more

“What happened to stock markets during previous pandemics?”

by

by ItLiesInTheProles For everyone else being blindsided by the Coronavirus news, I’ve been trying to research how outbreaks have affected previous stock-markets. I have somewhere between 20-25% in “emerging” and foreign markets and I’m down a bit from last week. Here are some articles I have found. “What happened to stock markets during previous pandemics?” 2006 … Read more

CHINESE MAD SCIENCE: Viral Pandemic Starts in Chinese City with Research Lab for ‘World’s Most Dangerous‘ Pathogens

by

via bigleaguepolitics A deadly coronavirus, called the Wuhan virus based on the Chinese city it emanated from, has spread to the United States with a man in his 30s being declared patient zero in Washington state. The patient came back to the U.S. from Wuhan, China on Jan. 15. He was displaying no symptoms at the time, according … Read more

Yes, Rates Are Still Going To Zero. The Fed Is Trapped.

by

Authored by Lance Roberts via RealInvestmentAdvice.com, “If the U.S. economy entered a recession soon and interest rates fell in line with levels seen during the moderate recessions of 1990 and 2001, yields on even longer-dated Treasury securities could fall to or below zero.” – Senior Fed Economist, Michael Kiley – January 20, 2020 I was emailed this article no less than twenty times within a few hours of it hitting the press. … Read more

BONDS See biggest inflows since 2013.

by

By David Randall NEW YORK, Jan 22 (Reuters) – Investors pulled $4.5 billion out of mutual funds and exchange-traded funds that hold U.S. stocks last week, extending the longest consecutive pullback from the domestic stock market since the spring of 2016, according to data released on Wednesday by the Investment Company Institute. The retreat from … Read more

Chinese Economy is a Ponzi Scheme: Interest Grows Faster than GDP

by

by bunnydoge Like Brave New World, economic activity in China always struck me as a little bit circular — aggressive local government growth targets, aggressive subsidies in strategic industries, extensive regulatory bureaucracy, and of course, ghost cities. Economic progress always seems paired with meaningful negative externalities, whether it be soaring home prices or poor air … Read more

Paul Tudor Jones says market today is like early ’99, driven by ‘insane monetary policy’

by

‘We’re just in the craziest monetary-fiscal [policy] mix in history. It’s so explosive, it defies imagination. It reminds me a lot of early ’99 [when inflation was low and stock markets were soaring]. The difference is the fed funds rate was 4.75% — today it’s 1.62%. Then we had a budget surplus, today we have … Read more

Hong Kong cancels Chinese New Year celebrations… 2 more cities in China in lockdown

by

Hong Kong cancels Chinese New Year celebrations https://t.co/6KJeCzXaOx — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) January 23, 2020 (Repost) 2 more cities in China in lockdown >>Wuhan virus: China locks down Huanggang, shuts down railway station in Ezhou after Wuhan lockdownhttps://t.co/9WeBNPMZsi — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) January 23, 2020 Dr. Copper https://t.co/x68GLlmPnh — Tracy Shuchart … Read more

S&P 500 Reports Yoy Decline In Net Profit Margin For 4Th Straight Quarter

by

via factset For the fourth quarter, the S&P 500 is reporting a year-over-year decline in earnings of -2.1%, but year-over-year growth in revenues of 2.7%. Given the dichotomy in growth between earnings and revenues, there are concerns in the market about net profit margins for S&P 500 companies in the fourth quarter. Given this concern, what … Read more