Thursday, February 27, 2020

"Oil prices dive to lowest in over a year as virus fears grow"

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From Reuters: Oil prices tumbled for a fifth day on Thursday to their lowest level in more than a year, as new reports of novel coronavir...

Army of 100,000 Poised To Leave China To Fight Locusts In Pakistan

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Ducks. 100,000 ducks. Via the Straits Times: A troop of special Chinese ducks is waiting to be deployed to neighbouring Pakistan to fig...

IBD: "Dow Plunges [nearly] 1,200 Points In Stock Market Rout As U.S. Monitors Thousands For Coronavirus"

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From Investors' Business Daily: 04:28 PM ET 02/27/2020 The Dow Jones Industrial Average plunged nearly 1,200 points Thursday as sell...

A Pattern Is Emerging: He Founded Expedia, Glassdoor and Zillow

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The "pattern is emerging" line is from one of the best equity analysts I've ever met who said it as I was kicking myself for n...

EIA Natural Gas Storage Report, February 27, 2019: No Help For the Longs

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First up, the expectations via FX Empire : ....Going into the report, traders were looking for a larger-than-average withdrawal for the we...

And In London: "First, however, it’s time once again time to crack each others' heads open and feast on the goo inside."

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My first instinct was to reach for the evergreen post " Warped sense of humour could be ‘sign of impending dementia’ " when the th...

Meanwhile in China: "'China's surging small-cap stocks stir bubble fears' Shenzhen's tech-heavy start-up board ChiNext has jumped 13.1% this month"

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Via StockCats: With all the millions and millions of Chinese on lock-down, more people have more time to dabble in the stock marke...

Capital Markets: "The Rot Continues but Somewhat Less Dollar Friendly"

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From Marc to Market: Overview: A new phase of the Covid-19 is at hand. Yesterday was the first time that the number of new cases in the...

IBD: "Dow Jones Futures Tumble On U.S. Virus First, Microsoft Coronavirus Warning, Trump After Stock Market Rally Fizzles"

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From Investors' Business Daily: 07:38 AM ET 02/27/2020 Dow Jones futures fell sharply Thursday morning, along with S&P 500 futur...
Wednesday, February 26, 2020

"Moscow Plays Hard Ball in the High North"

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From the always interesting (proceed with your VPN if paranoid ) Jamestown Foundation: Publication: Eurasia Daily Monitor Volume: 17 Issue:...

"Why Germans won’t heat their homes even with free electricity?"

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Following up on a point raised by the Financial Times' Izabella Kaminska in her Solar post on February 26. From Finland, the Kaikenhui...

Shipping: This Is Just Weird—Russia's Nuclear Powered Container Ship Going To Antarctica

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We've looked at this ship a few times and can't figure out what the Russians are up to. And now Antarctica? In winter? Cold's...

Shipping: Coronavirus Costing Industry $350 Million/Week

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From World Maritime News: The impact of the outbreak of the coronavirus is estimated to be costing the shipping industry USD 350 million ...

Shipping: Very Large Ore Carrier Listing Badly Off Maranhão, Brazil (VALE)

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Smart captain. From Maritime Executive 02-26-2020 09:39:00 Mining giant Vale has confirmed that the very large ...

U.S. #3 Natural Gas Producer, Chesapeake Crushed, Down 32% (CHK)

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I think CHK is still #3 after OXY bought Anadarko but it's possible Chesapeake has slipped to #4. This is one of the three or four most...

San Francisco Mayor London Breed Declares State of Emergency Over Coronavirus

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I'm not sure I know what is going on here. From USA Today: San Francisco Mayor London Breed has issued an emergency declaration aim...

"CDC recommends men shave their beards to protect against coronavirus"

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Well there go the  hipsters. From Sacramento CA's KTXL-TV: .... MORE And in market moving news:

Video: A Trip Through New York City, 1911—Restored, 4K, Stunning

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Via Gothamist, Feb. 24: Take A Colorful Stroll Through 1911 NYC With Incredible Restored Footage In the early part of the 20th century, ...

As Coronavirus Spreads, SpaceX Accelerates Starship Schedule (MUSK)

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From Engadget: SpaceX approved to build Starship factory and research hub in LA Musk wants Starship to take its first orbital test flight...

World Bank Pandemic Catastrophe Bond Under Pressure As Coronavirus Spreads

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I have become convinced these things were designed to NOT pay. As noted previously: Reinsurance: "No coronavirus price response from ...