In early August, real yields on U.S. bonds linked to inflation sank below -1 percent, a record low. The sinking yield reflected investors’ fears of a long, slow economic recovery and the abundance of dollars in world markets could ignite inflation. The negative yield continues to drive investors toward stocks and other assets that have...
Tag: aug 18 2020
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MORE WAFFLING, MORE WAR
The Wall Street Journal, along with many in the mainstream media, published an article showing that presidential candidate Joe Biden and his new running mate, Senator Kamala Harris, have different views on a number of policy issues. On energy and climate, Ms. Harris has issued clear support of the Green New Deal while Mr. Biden...
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YOUNG & BLACK: A COVID RISK?
In America, week after week, the state of Florida receives the media spotlight for the recent spike in coronavirus cases, while New York’s Governor Andrew Cuomo receives high praise from the Presstitutes for his skills in fighting the COVID War. Ignored by them is that of a population of 19.5 million, some 33,000 New Yorkers...
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COVID KILLS COLLEGE FOOTBALL
Nothing is more “American” than Big Ten College football. The annual highlight of this popular midwest football conference is the Ohio State-Michigan contest every November, often referred to as “The Game.” Michigan has won 11 national titles; Ohio State has won eight. Their annual rivalry, which began in 1897, has been a sports highlight for...
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U.S. SCHOOL UPDATE: CONFUSION REIGNS
In June, the American Academy of Pediatrics recommended “having students physically back in school.” Yet, as the school season begins, the debate rages on whether to reopen schools or have students learn online at home. A handful of states such as Georgia, Indiana, Louisiana, Mississippi, and Tennessee recently allowed students to attend classes, but after...
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COVID WAR: GOING CRAZY
The media is fond of using war metaphors and martial, drum-beating language to describe the fight to stop the spread COVID-19 terror. But little attention has been paid to the adverse effects psychologically, particularly to children, as a result of the hard lockdowns still being imposed around the world. A study of these adverse effects...
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GLOBAL ECONOMIC TRENDS
BRITISH ECONOMY PLUMMENTS 20 PERCENT IN SECOND QUARTER. Britain’s economic output dropped 20.4 percent in the year’s second quarter compared to the first, marking both the country’s largest quarterly drop and its worst recession on record since 1955. The British economy has shrunk to the size it was in 2003. Annualized, the rate of contraction...
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N.Y. NURSING HOME COVID DEATHS: CUOMO CAN’T COUNT
Over and over, again and again, as we have been reporting each week since the coronavirus hit Italy in late February, the vast majority of the people dying from the virus are those suffering from pre-existing chronic health conditions such as Type 2 diabetes, obesity, heart disease, lung and respiratory ailments… and people in elder...
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SMALL BUSINESSES DISAPPEARING BY THE THOUSANDS
About 800 small businesses – defined by the Small Business Administration as having no more than 1,500 workers or less, depending on the sector – have gone bankrupt from mid-February through 31 July. The American Bankruptcy Institute expects the 2020 total could be up 36 percent from last year. The number of businesses permanently shutting down,...
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MORE MELBOURNE MADNESS
As reported in the Trends Journal last week, the once-bustling city of Melbourne was locked down because the state of Victoria had 735 new coronavirus cases. To date, in a country of some 6.3 million people, 334 have died of the virus or 0.0053 percent of the population. Nationally, 421 people in a country of...