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Tag Archives: covid-19
“We’ve Reached The Tipping Point” – Guggenheim’s Minerd Warns Virus Will Deflate The Everything Bubble
“We’ve Reached The Tipping Point” – Guggenheim’s Minerd Warns Virus Will Deflate The Everything Bubble Last week, Guggenheim’s Global CIO Scott Minerd exclaimed that “the cognitive dissonance in the market is stunning,” as he reflected on the ever-rising stock prices (and collapsing credit spreads) he was seeing in the face of growing global fears of the virus’ […]
Washington Declares State Of Emergency After First US Virus Death; CDC Says “No National Spread In US”: Live Updates
Washington Declares State Of Emergency After First US Virus Death; CDC Says “No National Spread In US”: Live Updates Summary: CDC says “no national spread of coronavirus in US” US reports first death from Covid-19 (in Washington State) Washington declares state of emergency US Surgeon General says “stop buying masks” Trump blasts media/Dems for ‘hoax’-gate […]
New Coronavirus Cases In California, Oregon, & Washington Suggest Community Spread: Officials
New Coronavirus Cases In California, Oregon, & Washington Suggest Community Spread: Officials New coronavirus cases confirmed in the Pacific Northwest suggest the new virus may be spreading in the community in the United States, officials said. Washington state, Oregon, and California officials confirmed in total four new cases on Friday. Officials do not know where or how three of […]
China Reports Catastrophic Data: PMIs Crash To Record Low, Confirming Coronavirus Collapse
China Reports Catastrophic Data: PMIs Crash To Record Low, Confirming Coronavirus Collapse One week ago, ahead of today’s Chinese data release which would for the first time capture the devastation from the coronavirus pandemic, we wrote that “to those who have been following our series of high-frequency, daily indicators of China’s economy, it will probably not […]
Here’s Why I Don’t Really Trust the Official American Coronavirus Numbers
Here’s Why I Don’t Really Trust the Official American Coronavirus Numbers A lot of folks have distrusted the numbers coming out of China since the very beginning of the coronavirus outbreak. That uneasy feeling was justified when it was discovered that many patients weren’t being counted because they were never tested. Once an alternative testing method was […]
Is The Coronavirus Pandemic About To Become Another Spanish Flu
Is The Coronavirus Pandemic About To Become Another Spanish Flu COVID-19 vs The Spanish Flu Summary In light of the recent outbreak in Europe, it appears a question of when –rather than whether– the COVID-19 epidemic will be declared a global pandemic Countermeasures such as quarantine or travel bans remain necessary to contain the virus’ […]
The Global Economy Was Sinking Long Before The Coronavirus Appeared
The Global Economy Was Sinking Long Before The Coronavirus Appeared In order to determine if a geopolitical or economic threat is legitimate, I find it helps to watch how the mainstream propaganda narrative flows and changes. For example, for the past year as almost every fundamental indicator was flashing warning signs on the global economy […]
Peter Schiff: The Real Safe-Haven Money Is Going Into Gold
Peter Schiff: The Real Safe-Haven Money Is Going Into Gold Stock markets tanked on Monday. The Dow Jones was down over 1031 points. It was the biggest drop in two years for the Dow. The Nasdaq shed 355 points. The S&P500 was down 111. As stocks dropped, the bond market was red-hot. Prices soared and […]
Covid-19 Cargo Cults & Why The Market Is Still Too Complacent
Covid-19 Cargo Cults & Why The Market Is Still Too Complacent In the South Seas there is a Cargo Cult of people. During the war they saw airplanes land with lots of good materials, and they want the same thing to happen now. So they’ve arranged to make things like runways, to put fires along the sides […]
Rabobank: Markets Need To Start Pricing For One Of Two Things – One Bad, The Other Terrible
Rabobank: Markets Need To Start Pricing For One Of Two Things – One Bad, The Other Terrible It is that rarest of occasions. Not a global pandemic, because: 1) we still aren’t in one yet, officially; and 2) we have had that pandemic declaration made in the relatively recent past (2009-10). Rather, we are being […]
The Last Time This Happened Was Days Before The Great Depression
The Last Time This Happened Was Days Before The Great Depression The US equity market is suffering its worst start to a year since 2009… In the space of just six days, we went from record high to a ‘correction’ (over 3,000 Dow points and down over 10.5%)… What is most ominous is the fact that, as […]
Coronavirus Containment Has Failed
Coronavirus Containment Has Failed Within and without China, the coronavirus continues to rage on Within and without China, the coronavirus continues to rage on. A leaked report claims that actual covid-19 cases within China are 52x higher than the 78K reported by authorities. Whether true or not, that estimate comports with the massive heavy-handed response […]
World Stocks At Key Support As Pandemic Fears Could Lead To Next Crash
World Stocks At Key Support As Pandemic Fears Could Lead To Next Crash The MSCI World Index captures large and mid-cap stocks in 23 developed markets, with about 1,644 constituents covering about 85% of the free float-adjusted market capitalization in each country. MSCI World has plunged 7.4% in nine sessions as investors dump stocks across all […]
Japan, China Close Schools Nationwide As CDC Warns Of Possible “Community Outbreak” In Sonoma County: Live Virus Updates
Japan, China Close Schools Nationwide As CDC Warns Of Possible “Community Outbreak” In Sonoma County: Live Virus Updates Update (0735ET): After yesterday’s rally fizzled, Germany is giving the ‘fiscal stimulus’ tape bomb one more go. GERMAN GOVERNMENT CONSIDERING POSSIBLE STIMULUS PROGRAMME IN CASE CORONAVIRUS EPIDEMIC HITS GERMAN ECONOMY HARD – HANDELSBLATT Yesterday, a German lawmaker poured […]
