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Super Tuesday and Re-Branding the Coronavirus

Super Tuesday Joe Biden took control of the Democratic Primaries last night on Super Tuesday.  Bernie Sanders was expected to win California which was supposed to maintain his lead even if Biden managed to close the gap somehow.  It looks like Bernie’s momentum ran out instead.  Joe Biden has taken the lead and it’s difficult to see where Bernie can make up ground.  It looks like markets are responding to this positively.  Who could have seen this coming?  (Just sayin’) Coronavirus It looks like the coronavirus may have been in the United States FOR WEEKS, according to analysis of the virus’s genomes.  Estimating initial infections at mid-January and an incubation period of two weeks, this indicates a strong probability that the cat is out of the bag.  This tells me two things.  One, while it is great to emphasize good hygiene and make the general population more aware of the…

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ONE TRILLION DOLLARS *pinky*

The Trade War™ wiped over ONE TRILLION DOLLARS from the stock market on Monday.  Will the market ever recover from this disaster?  It turns out that a trillion bucks ain’t what it used to be.  Financial reporters showed Monday’s market movement as -2.41%.  Financial entertainers breathlessly echoed the ONE TRILLION DOLLARS talking point.  Being down over 2% in one day isn’t good, but it was a useful tool to separate news sources that are serious about their reporting from the click-bait farms.  Oh and will we ever recover?  The S&P 500 was down 0.11% on the week, as of Thursday’s close, but oddly we haven’t heard any stories of the market gaining ONE TRILLION DOLLARS over the last couple of days.  Weird. Trade War™ There is a lot of hand-wringing over the consequences of the very public negotiation with China.  Bad financial news of all sorts is inevitably traced back…