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Is A Larger Correction Coming?






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Tiny Massachusetts Company Awarded $75 Billion Patent

Tiny biotechs breakthrough proves it is possible to remove cancer cells from sick patients. Bill Gates says new discovery is so powerful it could "help humanity." This under-the-radar company is not yet a household name.

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by Lance Roberts, Clarity Financial

In last week's Reducing Risk post we discussed why we reduced risk in anticipation of a pullback in the markets. However, there are some warning signs which beg the question 'is a larger correction coming?'

LargerCorrectionComing

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 more WWRT




 more features, analysis, studies, and news published in the last week

How China's Belt And Road Initiative Is Changing Cities And Threatening Communities

from The Conversation

-- this post authored by Elia Apostolopoulou, University of Cambridge

The ancient Silk Road was a historical network of trade routes stretching from China to Europe. It was established around 2,000 years ago, during the Han Dynasty - often considered China's golden age.

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Infographic Of The Day: The Crazy World Of Stonks Explained

You may have seen diamond hands, rockets, and r/wallstreetbets rallying cries in the past few weeks - but what does it all mean? Today's infographic explains the events that led to an explosive rise in GameStop's share price, along with the Reddit revolution fueling it.

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Video of the Day:

Wonderful photo array. Pictures you may have never seen before. This is the most peaceful five minutes I have spent in a long time and that's needed right now.


video of day picture





Current Weather Outlook

Written by

We published the NOAA Long-Term Forecast Part I on January 22, 2021. Here we compare the NOAA forecast for Alaska and CONUS with the JAMSTEC forecast. It is easier to see the disagreements by comparing the maps which we show side by side in a table with a summary of the comparison. Obviously, the further out you look, the less confidence you have in the forecasts and thus the differences in the forecasts. Also provided are the JAMSTEC World Forecasts. In Part I, we showed the differences in the assumptions with respect to ENSO, and I have repeated and expanded on them in this article. Again this month, it seems like JAMSTEC shows the Polar Branch of the Jet Stream farther north than NOAA has it but not by as much. There is quite a bit of similarity in the temperature forecasts but less similarity in the precipitation forecasts. 

NOAA v. JAMSTEC


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 more investing, markets, precious metals & forex

03Feb2021 Market Close: The Electric Vehicle War Is Heating Up In China, DOW Closes +36 Points, Nasdaq Flat, US Dollar 91.13, Silver 26.85, Bitcoin 37100

 more opinion

Where Energy Modeling Goes Wrong

by Gail Tverberg, Our Finite World

There are a huge number of people doing energy modeling. In my opinion, nearly all of them are going astray in their modeling because they don't understand how the economy really operates.

oil.well.abandoned

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 USA economy at a glance (boxed items are updates in last 7 days)

03 February 2021 Coronavirus Charts and News: Big Brother and Media Are Pushing The Opening Of Schools. Will Superbowl Sunday Be A Superspreader Event?

Written by Steven Hansen

The U.S. new cases 7-day rolling average are 15.0 % LOWER than the 7-day rolling average one week ago. U.S. hospitalizations due to COVID-19 are now 12.1 % LOWER than the rolling average one week ago. U.S. deaths due to coronavirus are now 8.0 % LOWER from the rolling average one week ago. Today's posts include:

  • U.S. Coronavirus New Cases are 114,437
  • U.S. Coronavirus hospitalizations are at 92,880
  • U.S. Coronavirus deaths are at 3,530
  • U.S. Coronavirus immunizations have been administered to 9.8 % of the population
  • The 7-day rolling average rate of growth of the pandemic shows new cases improved, hospitalizations improved, and deaths improved
  • Hopefully, these current improving COVID trends will remain in play even with the new strains
  • Biotech firm Vaxart said its experimental coronavirus vaccine taken by mouth showed promising results in an early-stage clinical trial of 35 healthy adults
  • Research from China suggests global growth in COVID asymptomatic infections
  • AstraZeneca COVID-19 vaccine: New study vindicates delaying 2nd dose, UK says
  • Single-Dose Oxford COVID Vax Data Bolsters Prime-Boost Strategy
  • Engineers Design New Face Masks With Test Strip to Detect COVID - Much Like a Pregnancy Test
  • Legal experts say colleges can require vaccinations for students
  • People who smoke are prioritized to get the COVID-19 vaccine before the general population
  • Bayer and Rentschler to Help Produce CureVac's COVID-19 Shot
  • Here's why some people test positive after getting a Covid-19 vaccine

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