Pelosi Shredded After Tearing Up SOTU Speech; Offers Lame Excuse

House Speaker Nancy Pelosi (D-CA) was widely rebuked on both sides of the aisle after tearing up her copy of President Trump’s State of the Union Address Tuesday night. On Wednesday, the White House Twitter account slammed Pelosi for dishonoring distinguished guests, writing “That’s her legacy.” Speaker Pelosi just ripped up: One of our last surviving Tuskegee Airmen. The survival of a child born at […]

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South African retailer Edcon sells 167 CNA stores

JOHANNESBURG (Reuters) – South African retail group Edcon said on Tuesday it was selling stationery business CNA to a consortium majority owned by Astoria Investments. Shoppers walk past an Edgars store at a shopping centre in Soweto, southwest of Johannesburg, file. REUTERS/Siphiwe Sibeko The sale, which is subject to regulatory approvals, involves 167 CNA stores as well as all brands and trademarks, Edcon said in […]

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I will admit it, I was cautious for the better part of January.  Although I understood the whole “Fed is on hold and will let the economy run hot” argument, I felt sentiment was stretched and we would experience a correction to cleanse out the exuberance (I will leave it to you to decide if it was irrational).   My stance seemed wise when the […]

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Relief Rally Fueled by Liquidity not Peak in Coronavirus

Overview: The combination of the rally in US shares yesterday and the continued efforts of China to inject liquidity helped lift sentiment today. The MSCI Asia Pacific Index snapped an eight-day slide, and many markets jumped more than 1%. Led by energy and materials, Europe’s Dow Jones Stoxx 600 is posting broad gains and is up over 1% in late morning turnover. The S&P 500 is […]

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Wuhan Coronavirus Cases as of February 3rd 2020

Coronavirus: What to Make of Discrepancies in Official Statistics

Submitted by Taps Coogan on the 4th of January 2020 to The Sounding Line. Enjoy The Sounding Line? Click here to subscribe. As of February 3rd, 2020, 20,428 cases of the Wuhan Coronavirus have been officially confirmed in mainland China. Another 210 cases have been confirmed outside of mainland China. The number of newly confirmed cases continues to rise everyday, although the daily growth rate […]

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Coronavirus Update

Coronavirus Update Paul Craig Roberts Using more recent data from China of the coronavirus’ infection and death rates than the Indian scientists had, “Moon of Alabama” concludes that the “pandemic” has reached its peak and will be over with in a month.  If so, then Jon Rappoport was correct in the beginning that coronavirus was just another big scare hype.  Let’s hope […]

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