CDC Quarantines 195 Americans Evacuated From Wuhan, Reiterates That 'Risk To Public Is Low'

Summary: New York Post reports first Coronavirus case in Queen, but NYC health spokesman denies. Confirmed cases worldwide rise to 9,928 from 7,700 a day earlier, with 213 fatalities. UK Researchers suggests 75,800 infected in Wuhan Impact of virus “not fully reflected” in rigged China PMI number Goldman disagrees with Ross, says virus blowback will wipe 0.4% off US GDP growth ‘The U.K. health department […]

Read more
Titanic3

Coronavirus and the "Unsinkable" Titanic Analogy

Unthinkable doesn’t mean unsinkable. As we all know, the “unsinkable” Titanic suffered a glancing collision with an iceberg on the night of April 14, 1912. A half-hour after the iceberg had opened six of the ship’s 16 watertight compartments, it was not at all apparent that the mighty vessel had been fatally wounded, as there was no evidence of damage topside. Indeed, some eyewitnesses reported that […]

Read more

Then & Now: Portugal's Drug Decriminalization

During the 1990s, Portugal was devastated by a drug crisis where one in every 100 people became addicted to heroin and the rate of HIV infection soared to become the highest in the European Union. But, as Statista’s Niall McCarthy notes, Portugal’s radical move to put an end to the carnage should prove an example to other countries dealing with similar problems, especially the United States where opioids have […]

Read more
hqdefault 23

Charles Nenner – If System Breaks Down Gold will be $60,000 per oz

Renowned geopolitical and financial cycle expert Charles Nenner still stands by his prediction that “gold will go to $2,500 per ounce” in the next few years. Nenner explains, “Cycles show me that gold and silver will be going up for a couple of years. . . . I take profits in a short term top, but people say that Mr. Nenner says the long term […]

Read more
virus china1 20a 1

Is the Market Grossly Underestimating the Potential Impact of the Coronavirus Epidemic?

The potential for a consequential disruption in China’s supply chains appears to be vastly under-appreciated. Despite the current drop in stocks (less than 1.5% as this is written), there’s a tremendous reservoir of complacency about the economic and financial impact of the coronavirus epidemic. The zeitgeist reflects an implicit confidence that the coronavirus will blow over like the SARS scare a few years ago and the impact on […]

Read more
The Renewable Green Energy Myth 50 000 Tons Of Non Recyclable Wind Turbine Blades Dumped In The Landfill

Stock Rover Review: One-Stop Shop for Comparing Stocks

How Do You Research Stocks? Some people prefer using Buffetology, Magic Formula, or even filters such as Altman-Z scores. If you’re one of them, then this Stock Rover review has got you covered. Today, we are going to take a look at Stock Rover. Stock Rover is a subscription-based analysis software service. It offers resources for a profusion of essential data watchlist, scans, plus charting […]

Read more

President Xi Admits "Grave" Coronavirus Is Accelerating" As Hong Kong Declares State Of Emergency

Summary 1497 Cases Worldwide; 42 Deaths: 3% official mortality rate (SARS was 11%) 18 Chinese cities – 56 million people – quarantined President Xi said China faces a ‘grave situation’ as the spread is ‘accelerating’ US and Russia planning evacuation of citizens from Wuhan Australia and Malaysia join the list of global nations with CoV cases, in addition to France, Pakistan, Singapore, the US and […]

Read more
Global automakers market cap 2019 01 24

Tesla’s Global Deliveries Compared to the Top 10: Volkswagen, Toyota, GM, Ford, Honda, FCA, Mercedes… Here’s the Chart

Tesla’s Stock Makes it the Second Most Valuable Automaker in the World. But How About its Size? By Wolf Richter for WOLF STREET. Tesla shares took a little dip today, but no biggie. They still produce an astounding market capitalization of $102 billion, “astounding” not because the market cap per se is huge – there are now some trillion-dollar companies out there – but because the business Tesla […]

Read more
Junior Gold Stock Returns 1979 1980 Chart min

Junior Gold Stocks Soar, Even When Gold Doesn’t

Junior gold stocks are high-risk and high reward. In a strong gold bull market, you can throw darts at a board and come out a winner. But the absolute monster returns that add extra digits to your net worth will only come from the top companies. How High Can Junior Gold Stocks Go? The table below shows the returns from junior gold stocks during the […]

Read more

A ‘High-Level Exercise’ Conducted 3 Months Ago Showed That A Coronavirus Pandemic Could Kill 65 Million People

Just over three months ago, a “high-level pandemic exercise” entitled “Event 201” was held in New York City.  On October 18th the Johns Hopkins Center for Health Security, in conjunction with the World Economic Forum and the Bill & Melinda Gates Foundation, brought together “15 leaders of business, government, and public health” to simulate a scenario in which a coronavirus pandemic was ravaging the planet.  […]

Read more
US Union Pacific 2020 Q4 share buybacks

Union Pacific Cut 17% of its Workers, Will Cut 8% in 2020. Revenue Fell 9.5%, Income 10%. Bought Back $5.8 Bn in Shares. Stock Hits New High

Its debt surged to fund the share buybacks. And truckers ate its lunch. But don’t tell any of this to the “market.” By Wolf Richter for WOLF STREET. The first thing to know about Union Pacific’s earnings, which it released this morning, is that  despite cutting its workforce by 17%, promising more layoffs in 2020, experiencing a 9.5% drop in revenues and a 10% drop in net income […]

Read more

"I Don't See Her In Beijing Or Delhi" – Niall Ferguson Slams Davos' "Virtue Signaling" Greta Fanboys

Climate activist Greta Thunberg addressed the world’s elite face-to-face at the World Economic Forum in Davos yesterday, admonishing the grown-ups in the room for their lack of panic: “We don’t want these things done in 2050, 2030, or even 2021,” Thunberg said. “We want this done now.” The 17-year-old demanded participants “from all the companies, banks, institutions, and governments” in attendance to immediately halt all […]

Read more

US Forces In Tense Showdown With Russian Convoy On Blocked Syrian Highway

An extremely dangerous and rare incident played out in northeast Syria between the conflict’s two most powerful rival forces on Saturday when opposing American and Russian military convoys encountered each other on a highway.  The incident was filmed and published online by anti-Assad opposition group Syrian Observatory for Human Rights (SOHR), which described a major traffic jam outside the city of Al-Malikiyah, an oil-producing area […]

Read more

Mystery Chinese Virus Has Likely Infected Over 1,700 As It Sweeps Across China And Japan

While there have been more than 60 confirmed cases of a new mystery virus emerging from Wuhan, China, UK experts estimate that closer to 1,700 have been sickened with the SARS-like pneumonia, according to the BBC. “I am substantially more concerned than I was a week ago,” disease specialist Prof Neil Ferguson told the outlet. The work was conducted by the MRC Centre for Global […]

Read more
The Renewable Green Energy Myth 50 000 Tons Of Non Recyclable Wind Turbine Blades Dumped In The Landfill

The Complete List of Q4 2019 Hedge Fund Letters to Investors

*Last updated on 15 January 2020 Greetings investors, and welcome to the Q4 2019 list of hedge fund letters and reports! Learn from the top investors on Wall Street, gain insights into the economy and financial markets, and know what to expect for the rest of the year. These letters are from the top hedge funds and the most successful value investing firms in the […]

Read more
jerome powell superman 2

Central Bankers Are Quietly Freaking Out About How To Fight The Next Recession

Central Bankers Are Quietly Freaking Out About How To Fight The Next Recession Authored by Pedro Nicolai da Costavia Forbes.com, The world’s top central bank officials are rightly concerned that politicians in rich economies missed one key lesson of the last recession: Interest rate cuts can help to moderate a downturn, but aggressive fiscal policy is key to a healthy recovery.  <!–[if IE 9]><![endif]–><!–[if IE […]

Read more
Wind Turbine Blades Chart 1985 2020

THE RENEWABLE GREEN ENERGY MYTH: 50,000 Tons Of Non-Recyclable Wind Turbine Blades Dumped In The Landfill

Total: 710 12 698 Funny, no one seemed to consider what to do with the massive amount of wind turbine blades once they reached the end of their lifespan.  Thus, the irony of the present-day Green Energy Movement is the dumping of thousands of tons of “non-recyclable” supposedly renewable wind turbine blades in the country’s landfills. Who would have thought? What’s even worse, is that the […]

Read more