Wednesday, December 30, 2020

The Daily "Near You?"

Sand Springs, Oklahoma, USA. Thanks for stopping by!

"Economic Market Snapshot AM 12/30/20"

"Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!
Gregory Mannarino, AM 12/30/20:
"Alert! The US Dollar DEATH Is Accelerating"
"The more I see of the monied classes, 
the better I understand the guillotine."
- George Bernard Shaw
"Economic Market Snapshot AM 12/30/20"
MarketWatch Market Summary, Live Updates

CNN Market Data:

CNN Fear And Greed Index:

"Everyone Knows..."

"Everyone knows that plagues have a way of recurring throughout history, yet somehow we find it hard to believe in the ones that crash down on us out of the sky. There have always been plagues and wars, yet they always take us by surprise. When war breaks out people say it's stupid and won't last long. Stupidity has a knack of getting in the way, which we would see if not wrapped up in ourselves. In this our townsfolk were like everybody else - they did not believe in plagues."
- Albert Camus, "The Plague"

“'Super COVID' Is Spreading In The United States – Should We Be Scared?"

“'Super COVID' Is Spreading In The United States – 
Should We Be Scared?"
by Michael Snyder

"This pandemic just entered an alarming new phase. The new mutant strain of the virus commonly known as “Super COVID” has been creating a tremendous amount of panic in the UK, and cases have also been confirmed in Canada, Italy, France, Germany, Spain, Sweden, Switzerland, Denmark, the Netherlands, Australia, Japan, Singapore, India, Lebanon and the United Arab Emirates. But until Tuesday there were no known cases in the United States, and many were urging for travel restrictions to be instituted in order to keep it from gaining a foothold here. Unfortunately, it appears that it is now too late for that, because a case of “Super COVID” has now been identified in Colorado:

"Colorado has announced it has detected the first US case of the super-COVID strain that was first found in the UK. Governor Jared Polis revealed the worrying news in a tweet, writing: ‘Today we discovered Colorado’s first case of the COVID-19 variant B.1.1.7, the same variant discovered in the UK. The health and safety of Coloradans is our top priority and we will monitor this case, as well as all COVID-19 indicators, very closely.’

If this individual had traveled out of the country recently, it would have been easy to assume that he caught it while abroad, but we are being told that he “has no travel history”: "The patient is a man in his 20s who is recovering in isolationin Elbert County, outside Denver. He has no travel history and no close contacts. Public health officials were conducting an investigation."

So that means that he caught “Super COVID” from someone else here in the United States. And that means that we have probably already lost any chance of containing it. But that doesn’t mean that we should be scared of this new mutant strain.

Scientists in the UK insist that this strain is “70 percent more infectious”, and that might explain why the case numbers in the UK are exploding right now. However, on the CDC website we are being told that “there is no evidence that this variant causes more severe illness or increased risk of death”. So that is good news.

Moving forward, health authorities will be watching carefully to see if “Super COVID” ends up becoming the dominant strain here in the United States. Unfortunately, that appears to be precisely what is taking place in the UK: "It was first spotted in September in southeastern England. The new variant accounted for a quarter of cases in London by November. By the week of Dec. 9, it was responsible for 60% of cases in the city. London and large areas of southern England are under lockdown measures, and dozens of nations have banned travel from the U.K."

Many are concerned that the new vaccines may not work against this new mutant strain. At this point, scientists continue to say that they “believe” that the vaccines will work against it, and tests are being conducted. But so far there have been no big public announcements indicating that any of the tests have been successful.

You can take that any way that you want. Perhaps more time is still needed, but even if preliminary results were promising I think that we would have heard something by now. And if the existing vaccines do not work against “Super COVID”, that means that authorities will have to go all the way back to square one.

Of course there are a lot of questions about how effective these vaccines will actually be against the current dominant strain. This week, we learned that a doctor in New York was diagnosed with COVID four days after being vaccinated: "A New York doctor was diagnosed with the coronavirus four days after he received the first dose of the Pfizer coronavirus vaccine, Ynet reported. The case occurred at Montefiore Hospital in New York.

On the west coast, a nurse in San Diego was diagnosed with COVID eight days after getting a vaccine: "A San Diego, California ER nurse has tested positive for COVID-19, just eight days after receiving his first dose of the Pfizer COVID vaccine. After taking the vaccine on December 18th, nurse Matthew W. felt fine. Six days later he came down with the chills, muscle aches and fatigue after working a shift in a COVID-19 unit. Two days later and still under the weather, Matthew took a COVID-19 test that came back positive."

Needless to say, neither of them had gotten a second shot yet, and we are being told that a second shot is required in order to have “full protection”. But most of the major side effects happened after the second shot during the trials. So that is a huge concern. And a lot of people are having major side effects after getting the first shot. Here is just one example:

Dr. Hossein Sadrzadeh, of Boston Medical Center, received the vaccine on Thursday, and at first believed he was experiencing anxiety related to the shot, he told NBC 10 Boston. When his tongue started tingling and then turned numb, he realized his was dealing with a reaction. “My blood pressure was really down, so this is the time that I knew that this was anaphylactic shock,” he told the news outlet. “My heart rate is up, I’m sweating so my blood pressure is really down. I’ve had this before so I had my EpiPen and I administered myself.”

There has been so many reports of adverse reactions in the news, and a video testimony from a nurse in Tennessee is spreading like wildfire on social media right now. Ironically, these people may be going through all of this for nothing if “Super COVID” becomes the dominant strain and the new vaccines end up being totally ineffective against it.

As I have warned so many times, we have entered an era of global pestilences, and I believe that what we have experienced so far is just the beginning. Yes, we should take “Super COVID” seriously, but don’t be afraid of it. Even the World Health Organization is saying that this is “not necessarily the big one”.

There have been absolutely massive killer pandemics all throughout human history, and there will be more in our future. So if COVID is throwing our society into a state of complete and utter chaos, what will things look like when a truly deadly pandemic finally arrives?"

"Covid-19 Pandemic Updates 12/30/20"

"Covid-19 Pandemic Updates 12/30/20"

 Dec. 30, 2020 8:03 PM ET: 
The coronavirus pandemic has sickened more than 82,068,100 
people, according to official counts, including 19,566,140 Americans.
At least 1,791,900 have died.

"The COVID Tracking Project"
Every day, our volunteers compile the latest numbers on tests, cases, 
hospitalizations, and patient outcomes from every US state and territory.
https://covidtracking.com/

"How It Really Is"

Tuesday, December 29, 2020

Must Watch! “Stimulus Payments Are A Disgrace; Americans Using Credit Cards To Pay Rent; Eviction Nightmare”

Jeremiah Babe,
“Stimulus Payments Are A Disgrace; 
Americans Using Credit Cards To Pay Rent; Eviction Nightmare”
Must watch!

"The country is collapsing right in front of your very face."

"Be Ready For Housing Market Crash And Mass Evictions In America!"

"Be Ready For Housing Market Crash 
And Mass Evictions In America!"
by Epic Economist

"As soon as the health crisis struck in America, things turned upside down in the housing market. As renters lost their jobs and, consequently, their ability to pay rent, landlords started to fall behind in mortgage payments and default their loans. Then, to pay off their debt, several property owners filed eviction orders in an attempt to find paying tenants, leading rent prices to plunge to a level last seen in 2010. Conversely, ever since people started to massively relocate away from big cities, housing prices soared amid a shortage in the U.S. affordable suburban housing supply. 

Experts have been warning that the financial damages the real state market has suffered due to months of mass delinquency in rental payments, in addition to the expiration of the CDC's moratorium and the coming eviction tsunami could potentially to trigger a catastrophic economic collapse that is likely to impair the sector's growth for years. Additionally, as natural disasters have become more frequent than ever, a market correction is looming, which means, soon enough we'll be witnessing a housing market crash. That's what we discuss in this video.

The increase in vacancies has put several landlords on the edge of a financial cliff. As a result, they started to do desperate concessions to find new renters. But despite those, a considerable amount of tenants across the U.S. remains delinquent and will stay that way as long as the economy hurts with lockdowns and they can't find opportunities to reinsert themselves into the job market. 

That's why analysts are expecting a tsunami of evictions to start as soon as the CDC's order expires. But while low-income renters housing security is on the line, on the other hand, affluent Americans started to move away from urban areas by the millions, and house sales became a sensation during the spring. The phenomenon dubbed by analysts as the Great Relocation was used as a symbol of big cities' struggles amid the ravaging economic meltdown. In turn, the migratory movement led housing demand to soar just as high as prices. 

Moreover, the health crisis was an unexpected natural disaster to hit the real state market, but according to John Macomber, a senior lecturer at Harvard Business School, our failure to acknowledge and confront climate change and several other natural disasters can also add to the list of reasons why experts forecast a collapse in housing prices and an ensuing financial crisis. In an interview with Harvard Business Review, the professor outlined that ignoring the threats associated with climate change may lead the market to a correction. That is to say, to another real state crash. 

Macomber disclosed that the damages caused by climate change have accelerated faster than many people anticipated. All across the nation, there were 16 weather/climate disaster events this year, and losses exceed at least $1 billion each, with some having registered much larger figures. As the price of these properties drop due to increased risks of damages, homebuyers become more vulnerable to do tricky investments, since it enables them to make or maintain housing investments that are exposed to more danger than they realize. That's a classic market distortion.

In other words, even though in the short-run many can benefit from propping up housing prices, the exposure to material damages consequent of natural disasters, and the eventual tightening of government budgets - after so many trillion-dollar cash spills to boost the economy - will make buyer’s investments collapse. 

In areas that face such risk, housing prices will inevitably plummet. Typically, for homeowners, the equity in their property is their biggest asset. So when that asset drops in value, or case the buyers go negative - when they owe more on their house than its risk-adjusted value - they get in big financial trouble. Additionally, it's important to keep in mind that most American municipalities get the bulk of their revenue from property taxes, which are tied to the value of homes and commercial real estate. So if home values decline, property tax receipts decline accordingly in a city's expenses, and so does its ability to service its municipal bonds. 

In simple terms, it means that the ratings of the bonds risk being downgraded, which would lead cities to cut their budgets and create other stresses on government services. That's why a real state crash would be impactful in all of our lives. It wouldn't just affect markets, but people's main financial assets, retirement portfolios tied to tax-bonds, and municipal and governmental budgets. And on top of the financial and economic fallout, it would ultimately touch everyone’s pocketbook. Meaning it would exacerbate the economic deterioration millions are already experiencing and the recession could be extended for much longer than we ever considered."

"Second Stimulus Checks Sent Out Tonight, Latest Updates"

DEC 29, 2020 Update 18:40 ET: "In a series of tweets tonight, Treasury Secretary Stephen Mnuchin confirmed that the US Treasury has delivered a payments file to The Fed for "Americans' Economic Impact Payments."

• These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week.

• Paper checks will begin to be mailed tomorrow.


Eligible individuals will receive an Economic Impact Payment of up to $600 for individuals or $1200 for married couples and up to $600 for each qualifying child. Generally, if you have adjusted gross income for 2019 up to $75,000 for individuals and up to $150,000 for married couples filing joint returns and surviving spouses, you will receive the full amount.

In a later statement, Treasury confirmed that: “Treasury and the IRS are working with unprecedented speed to issue a second round of Economic Impact Payments to eligible Americans and their families,” said Secretary Steven T. Mnuchin. “These payments are an integral part of our commitment to providing vital additional economic relief to the American people during this unprecedented time.

Payments will be distributed automatically, with no action required for eligible individuals. If additional legislation is enacted to provide for an increased amount, Economic Impact Payments that have been issued will be topped up as quickly as possible."
DECEMBER 29, 2020 AT 2:34 PM: 
"McConnell Counter Offer! $2,000 Stimulus Checks & Biden"

DECEMBER 29, 2020 AT 10:34 AM: 

Musical Interlude: Yanni, "Standing in Motion”; "World Dance"

Yanni, Live At The Acropolis, “Standing in Motion”
Full screen a must!
Yanni, "World Dance"
Full screen a must!

"A Look to the Heavens"

“While drifting through the cosmos, a magnificent interstellar dust cloud became sculpted by stellar winds and radiation to assume a recognizable shape. Fittingly named the Horsehead Nebula, it is embedded in the vast and complex Orion Nebula (M42). A potentially rewarding but difficult object to view personally with a small telescope, the above gorgeously detailed image was recently taken in infrared light by the orbiting Hubble Space Telescope in honor of the 23rd anniversary of Hubble's launch.
The dark molecular cloud, roughly 1,500 light years distant, is cataloged as Barnard 33 and is seen above primarily because it is backlit by the nearby massive star Sigma Orionis. The Horsehead Nebula will slowly shift its apparent shape over the next few million years and will eventually be destroyed by the high energy starlight.”

Chet Raymo, “The Sadist Next Door”

“The Sadist Next Door”
by Chet Raymo

“The TLS (“Times Literary Supplement”) had an absorbing review of American Historian Joel Harrington's book on the manuscript diary of a 16th-century German executioner, Franz Schmidt of Nuremberg. Remarkably, Schmidt kept a full record of the criminals he executed, the crimes they perpetrated, and the gruesome ways they met their fate. It is a tale that would chill most 21st-century readers.

Hangings, beheadings, burnings at the stake, and breakings with the wheel. In the latter custom, a heavy cartwheel is dropped onto the person to be executed, who is tied down spreadeagled on the execution platform, starting with the feet and working the way up to the head. There are also less final punishments: floggings, finger-choppings, ear-choppings, brandings, and an ingenious catalog of tortures.

For Herr Schmidt, it was all in a day's work. He might as well have been a butcher, baker, or candlestick maker. He had a family to support, and he was good at his job. His neighboring townspeople attended the executions. It was good public entertainment.

Of course, there is nothing unique to the 16th century or Germany about any of this. Hideous tortures and executions have been part of human history from the beginning. Think of the Roman gladiatorial entertainments with their cheering crowds. Or the public stonings, beheadings and amputations still common in certain parts of the world today. It seems that only in the post-Enlightenment West do we look with disapprobation on Herr Schmidt's trade, ostensibly at least. We have the grisly torture chambers of the Gestapo and NKVD to remind us that Enlightenment values are fragile.

All of which raises the question: Is taking pleasure in the infliction of pain on others nature or nurture? Are we born with a good angel on one shoulder and a bad angel on the other? How do we explain the huge popularity of slasher movies and shoot-'em-up video games? Is there something of Herr Schmidt in all of us?”

"We Never See The World..."

“You know, we never see the world exactly as it is. We see it as we hope it will be or we fear it might be. And we spend our lives going through a sort of modified stages of grief about that realization. And we deny it, and then we argue with it, and we despair over it. But eventually - and this is my belief - that we come to see it, not as despairing, but as vitalizing. We never see the world exactly as it is because we are how the world is.”
- Maria Popova

“6 Steps to Release Your Fear and Feel Peaceful”

“6 Steps to Release Your Fear and Feel Peaceful”
by Nicolas Perrin

“We are not what we know but what we are willing to learn.”
 ~ Mary Catherine Bateson

“It was a balmy spring morning and I started my day as per usual, but I soon realized that my mind was entertaining fearful thoughts about my financial insecurity. With many new ventures within the seedling stage, my income flow was erratic and unpredictable, while my financial responsibilities were consistent and guaranteed. At the time I ignored these thoughts as “petty,” like a parent dismissing a crying child after a mild fall on the pavement.

What I didn’t realize was that my mind wanted to entertain these fear-based thoughts like a Hollywood blockbuster, and as you may know, what you focus on expands. Before I knew it, my body was in a state of complete anxiety and fear. I literally felt my cognitive and creative centers shutting down. I felt completely powerless, a hostage to my own mind. My body felt paralyzed, and I felt disconnected from my talents and gifts. I felt separate, isolated, and vulnerable. I became a victim of the fear. In this moment I realized the powerful impact thoughts can have on how we feel, mentally and physically. Here is what unfolded through me, and the lessons I treasured from this experience.

Fear is a closed energy, referred to as inverted faith. Fear exists when we do not trust our connection to the infinite part of who we are and buy into a story about what’s unfolding in our life. The emotions we feel are created from the thoughts that we choose to focus on, consciously or unconsciously. The emotions act as markers to let us know if we are focusing on expansive, empowering thoughts or fearful, limiting thoughts.

If I were to relate this in a story, it may be like a pilot believing he no longer had any guidance or support from the airport control tower in a large storm, and no instruments on board to detect if he was on a collision course with another airplane. If the control tower represents the infinite part of who we are, which always knows what’s best for us, it can be understandable why the pilot with no other guidance except for his own eye sight would be fearful of the situation at hand. An alarm on the plane beeping at the pilot would represent the emotions. The alarm’s purpose is to get the attention of the pilot so he can focus and realize he is off the path. Once our emotions start to take a grip of our physical body, what can we do to move from a state of limitation and fear into an open, tranquil, peaceful state?

1. Come back to the present moment. The first step is to bring your awareness to the present moment. To do this, take three deep breaths through your nose and exhale through your mouth. After the air has filled your lungs and you’ve felt your stomach rise, exhale through your mouth by forcing the air through your teeth, as if you were hissing out loud. This detoxifies your body from the heavy emotions you’re experiencing and brings you back into the present moment. When I do this, I place my awareness into my feet so I am in a feeling space within my body, rather than being in my mind, entertaining the stories that swirl around with vigor, like a dangerous hurricane. Imagine that all your emotions are in a large sludge bucket. This breathing technique will empty the bucket out so you are empty and free.

2. Put things in perspective. Now that you are present, acknowledge the experience and ask yourself this question: “What is the worst case scenario that can happen to me?” Once we can accept this and realize we will be okay if that happens, we are free from the fear. When I realized I’d blown things out of proportion with my fears, I was able to detach from the story and put things into perspective. I like to imagine that in every moment I have two wolves I can feed (per the Native American myth): the fear wolf or the love wolf. The one that gets stronger and wins is the one I feed.

3. Become an observer of your thoughts.  What has served me well in moments like this is to say, “I’m not these thoughts. I’m not these emotions. I’m not this body. I’m an infinite being having a human experience.” In saying this, we immediately detach from the story and allow ourselves the choice of suffering or to become the observer. Imagine that your life is represented in a book, and the story you are living out comes from the words on the page. We can change the words of the story at any point in time.

4. Change your experience. The fourth step is to place your awareness and your right hand on the heart center, which is located near the sternum. Close your eyes, take three deep breaths, and make the following command: “I am now connected to the infinite part of who I am, which already knows how to be whole and complete. I take full responsibility and accountability for this creation, I recognize how it has served me, and I am now ready to let it go. I command that the fear energy be transmuted into unconditional love now. Thank you. It is now done.” This process is incredibly empowering. We allow ourselves the opportunity to experience being our own inner master and a co-creator of our reality.

5. Prevent your mind from sabotaging you. Visualize a stone being thrown into a pond. Observe the ripples it creates when it enters the water. This is to simply distract your mind and allow the process to unfold without doubt or self-sabotage. It is only our mind that can interfere with our own healing.

6. Be grateful. Express gratitude and appreciation for the integration and healing you have received.

The key to happiness is awareness. When we become aware that our mind is wandering, we can gently bring it back to the present moment. It’s only in the present moment that we are empowered and can consciously choose the thoughts we engage with. The thoughts we focus on will determine where our energy flows, and thus what is created in our life. Each thought has a vibration, which is reflected by the feeling we experience in our body. To be able to move from a fear-based experience to an open, peaceful experience we must first take full responsibility and accountability that on some level we created the experience, and nobody else is to blame. The choice is truly ours. Do we choose to experience a fearful, limited life or do we choose a happy joyful life?"

"I Am An Invisible Man..."

"I am an invisible man. No, I am not a spook like those who haunted Edgar Allan Poe; nor am I one of your Hollywood-movie ectoplasms. I am a man of substance, of flesh and bone, fiber and liquids - and I might even be said to possess a mind. I am invisible, understand, simply because people refuse to see me. Like the bodiless heads you see sometimes in circus sideshows, it is as though I have been surrounded by mirrors of hard, distorting glass.  When they approach me they see only my surroundings, themselves, or figments of their imagination - indeed, everything and anything except me."
- Ralph Ellison, "Prologue to Invisible Man"

"Be Like The Bird..."

"What matter if this base, unjust life
Cast you naked and disarmed?
If the ground breaks beneath your step,
Have you not your soul?
Your soul! You fly away,
Escape to realms refined,
Beyond all sadness and whimpering.
Be like the bird which on frail branches balanced
A moment sits and sings;
He feels them tremble, but he sings unshaken,
Knowing he has wings."

- Victor Hugo

The Daily "Near You?"

Salem, Ohio, USA. Thanks for stopping by!

Gregory Mannarino, "The Zombie Market Does Not Know It's Dead Yet"

Gregory Mannarino,
"The Zombie Market Does Not Know It's Dead Yet"

"Covid-19 Pandemic Updates 12/29/20"

"Covid-19 Pandemic Updates 12/29/20"
 Dec. 29, 2020 2:04 PM ET: 
The coronavirus pandemic has sickened more than 81,625,000 
people, according to official counts, including 19,421,685 Americans.
At least 1,781,600 have died.

"The COVID Tracking Project"
Every day, our volunteers compile the latest numbers on tests, cases, 
hospitalizations, and patient outcomes from every US state and territory.
https://covidtracking.com/

"We All Got Problems..."

"We all got problems. But there's a great book out called "Too Soon Old, Too Late Smart."  Did you see that? That book says the statute of limitations has expired on all childhood traumas. Get your stuff together and get on with your life, man. Stop whinin' about what's wrong, because everybody's had a rough time, in one way or another." 
- Quincy Jones