By Peter Andrews, Irish science journalist and writer, based in London. He has a background in the life sciences, and graduated from the University of Glasgow with a degree in genetics Amidst the coronavirus lockdown, some of the claims of governments and media have been shown to be exaggerated. Ten years ago, they tried the same thing with swine flu. They haven’t learned their lessons — has the […]
History
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Authored by Bill Blain via MorningPorridge.com, Good Or Bad News? “It’s got nothing to do with your Vorsprung Durch technique, you know..” What do you want to hear first? The good new or the bad news? The Good News It now looks like the economic catastrophe the Virus has triggered could be shorter than we envisaged. One of things I’ve come to understand though what we […]
White House counselor Kellyanne Conway was trashing New York City Mayor Bill de Blasio on Wednesday night when Fox News host Martha MacCallum hit her with a rude awakening. Conway accused the mayor of “lying to America” when he said he’s “been on top of” the coronavirus crisis from the beginning, pointing to tweets in which he encouraged New Yorkers to go out despite early warnings […]
“Fear” is almost over according to the market’s “Virus Fear” trade… Source: Bloomberg The Dow is up by almost 18% in the last 2 days – the biggest 2-day surge since March 1933… Source: Bloomberg And Dow futures are up a stunning 20% from the limit-down lows on Sunday night… But bonds ain’t buying it… Source: Bloomberg So, with stocks roaring higher once again, this seemed […]
We have a deal, folks! It appears on early Wednesday morning, the White House and Republican and Democratic Senate leaders reached a deal to keep the American economy humming during the virus crisis and hopefully avoid depression in the second and third quarters. The new Senate proposal will inject $2 trillion into the US economy, just like a shot of heroin, providing tax rebates, four months […]
Indian stocks crashed on Monday, suffering their worst single-day loss on record, as domestic and foreign investors were absolutely terrified that a nationwide lockdown triggered by a COVID-19 outbreak could crash the economy. The NIFTY 50 is the flagship index on the National Stock Exchange of India, plummeted 12.98% to a near four-year low of 7,610.25 on Monday. The Indian rupee hit a record low of over 76 […]
The newly bingeable Netflix series Self Made: Inspired by the Life of Madam C.J. Walker—written by Nicole Asher and produced by LeBron James and Harriet director Kasi Lemmons, among others—celebrates a benevolent, though at times self-destructively ambitious, brand of black female capitalism in the hair and beauty industry. Born Sarah Breedlove, Madam C.J. Walker, a black hair care entrepreneur often called the first self-made black woman […]
The militant white supremacists of the current generation are either products of, or influenced by, the “third Klan” of the 1970s and 1980s. “The Klan’s resurrection was a reaction to the radical insurgencies of the era.” “No Trump, No KKK, No Fascist USA!” has been a popular protest chant since the New York real-estate mogul and former reality TV star became the 45th president of the United States. […]
The below visualization The Secret History of Coronavirus Bioweapon is based on GreatGameIndia‘s exclusive report Coronavirus Bioweapon – How China Stole Coronavirus From Canada And Weaponized It On June 13, 2012 a 60-year-old Saudi man was admitted to a private hospital in Jeddah, Saudi Arabia, with a 7-day history of fever, cough, expectoration, and shortness of breath. He had no history of cardiopulmonary or renal disease, was receiving no long-term medications, […]
Authored by Christoph Gisiger via TheMarket.ch, To contain the economic and financial ramifications of the coronavirus pandemic, Central Banks are going all in. Jim Bianco, founder and chief strategist of Bianco Research, warns that this time, monetary policy might be unable to stop financial markets from collapsing. The Federal Reserve brings out the bazooka: It cuts the federal funds rate down to zero and will buy […]
Palestinian ambassador Ali Kazak arrived in Australia in 1970, at the peak of the Palestinian revolutionary political and military activity. He found that the Zionist narrative was prevalent in public opinion, propagating a biased portrayal of the events unfolding in occupied Palestine. He decided to engage in efforts to provide a counter-narrative to refute the false claims being made by the Zionists, and requested materials and […]
We are literally witnessing history in the making. For the third time in the last six trading sessions, we have witnessed the largest single day point crash in stock market history. Let that sink in for a moment. On March 9th, the Dow set a new record by falling 2,013 points. Then on March 12th, the Dow set a new record again by falling 2,352 points. […]
Authored by Dr. Stephen Davies via Al Arabiya, Currently there is much debate over what kind of policy is best for dealing with the coronavirus epidemic. We are dealing with a true pandemic and have been ever since the virus was confirmed to have spread to every continent in early February. This will not be over by the summer but will last in a series of episodes for about eighteen […]
Pan·dem·ic /panˈdemik/ (of a disease) prevalent over a whole country or the world. As humans have spread across the world, so have infectious diseases. In fact, as Visual Cpitalist’s Nicholas LePan notes, even in this modern era, outbreaks are nearly constant, though not every outbreak reaches pandemic level as the Novel Coronavirus (COVID-19) has. Today’s visualization outlines some of history’s most deadly pandemics, from the Antonine […]
Perhaps it was clumsy language and an even clumsier tone, but speaking clumsily and looking giddy when invoking the 1980s, when so many gay men died of AIDS—in the midst of massive governmental homophobia—is jarring, particularly for a health official who lived and knows that history. On Friday, President Trump’s White House coronavirus press conference featured the highly respected Dr. Deborah L. Birx—the State Department’s U.S. […]
The past week has been one of market superlatives: the biggest Dow point crash ever, the biggest Stoxx 600 drop on record, the longest lock “limit down” in the Emini future ever observed, the biggest rebound in the Dow since the financial crisis, the biggest VaR shock in history, the fastest drawdown to a bear market from a market peak… … and so on. Here are […]
Less than two months ago, when we pointed out how virtually every investor class was all-in the stock market (something which we are certain they wish they could now undo), we highlighted that “among the systematics, the bullishness of risk parity is now almost literally off the charts.“ However, what goes up in a straight line usually comes down even more violently. As first discussed two […]
It has happened again. On Thursday the Dow Jones Industrial Average fell 2,352 points, which was the largest single day stock market point crash in history. Of course the old record only lasted for three days, because on Monday the Dow dropped 2,013 points. And on Wednesday, we actually witnessed the third largest single day stock market point crash in history. So the three worst days […]
We detailed last night the surprising collapse in both stock and bond prices in yesterday’s markets, suggesting strongly that a Risk-Parity fund must have blown up, being forced to delever. As Morgan Stanley notes, there are signs of a breakdown in stock-bond correlation, with stocks underperforming 10-year yields by nearly 5 standard deviations yesterday. This puts stress on all multi-asset portfolios, but Risk Parity funds in […]
After a record 11-year, 357% surge off the March 6th, 2009 lows, The Dow Jones Industrial Average’s longest bull-run in history came to an end today (two days after its 11th birthday) with its first 20% – bear market – drop. In fact, the 19-day collapse is the fastest peak-to-bear-market crash in the history of the stock market. Asset-gatherers, commission-rakers, strategists, analysts, talking heads, and freshly […]
Authored by José Niño via The Mises Institute, The US purports to be the land of free speech, but you can always expect politicians to carve out exceptions. Just look at how government agencies such as the Internal Revenue Service can slither their way into the political affairs of individuals and organizations. Americans generally associate the Internal Revenue Service with the hassle of filing income taxes every […]
…and just like that, the 11-year bull market is over… this is the fastest drawdown from a peak into bear market in history. This is the worst start to a year for The Dow since 2009… Which may explain why the market is demanding at least 3 rate-cuts next week!! Source
‘The Only Way Out Of Libya Is By Sea’ — How Migrant Rescuers Are Making History In The Mediterranean March 6, 2020 ‘The Only Way Out Of Libya Is By Sea’ — How Migrant Rescuers Are Making History In The Mediterranean2020-03-062020-03-06https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/03/screenshot-92-e1583533007538.png200px200px Above Photo: From Wagingnonviolence.org While governments fail to meet basic humanitarian requirements, rescue organizations like Sea-Watch are taking life-saving action on the frontlines of the European […]
Authored by Aaron Kesel via TheMindUnleashed.com, Astronomers in Perth, Australia recently detected and observed the largest explosion ever found in the universe since the Big Bang, according to a study published in the Astrophysics Journal. “We’ve seen outbursts in the centers of galaxies before but this one is really, really massive,” said Curtin University professor Melanie Johnston-Hollitt. “And we don’t know why it’s so big. But it happened very slowly—like an […]