Monday, 16 April 2018

World War Three Postponed.


Baltic Dry Index. 1014 +21     Brent Crude 71.85

"For 240 years it’s been a terrible mistake to bet against America, and now is no time to start. America’s golden goose of commerce and innovation will continue to lay more and larger eggs. America’s social security promises will be honored and perhaps made more generous. And, yes, America’s kids will live far better than their parents did."

Warren Buffett

World War Three postponed for now, at least until after the World Cup Football competition  this summer in Russia, Syria just wasn’t worth it to either of the main parties involved, the world largely yawned and went back to the business of trying to figure out whether stocks have peaked, interest rates have bottomed, if rising crude oil prices have awoken Rip Van Inflation from his decade long slumber, and which of the west’s highly flawed politicians will fall first.

Will it be the UK’s snake bit Prime Minister May, or Japan’s probity challenged Prime Minister Abe, or any of Europe’s Unholy Trinity of Macron, Merkel and Juncker? It can’t be Italy’s Prime Minister, because weeks after their general election they still haven’t got one, nor a functioning government yet, lucky Italians.  Or will it be the West’s Numero Uno, The Donald himself, Uncle Scam’s highly colourful President Trump?

Below, life outside of Syria, goes on as normal.

April 16, 2018 / 1:27 AM

Asia shares mixed, oil down amid Syria fallout

SYDNEY (Reuters) - Asian share markets were mixed and oil prices fell on Monday as relief U.S.-led strikes on Syria looked unlikely to escalate was tempered by concerns at Russia’s potential reaction to new sanctions from Washington.

With the situation in the Middle East still fluid, moves were modest and in both directions. EMini futures for the S&P 500 ESc1 nudged up 0.38 percent, while Japan's Nikkei .N225 added 0.2 percent.

Yet MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS slipped 0.4 percent as Chinese blue chips .CSI300 took an early 0.7 percent dip.

The United States, France and Britain launched 105 missiles targeting what the Pentagon said were three chemical weapons facilities in Syria in retaliation for a suspected poison gas attack in Douma on April 7.

Russian President Vladimir Putin warned on Sunday that further Western attacks on Syria would bring chaos to world affairs, as Washington prepared to increase pressure on Russia with new economic sanctions.

But with President Donald Trump declaring mission accomplished, investors wagered the worst had been avoided.

“Trump was able to enforce his chemical weapons red line without crossing the threshold for Russian retaliation,” analysts at JPMorgan said in a note.

“Stocks were concerned about a prolonged and expanded U.S. campaign toward Assad and that doesn’t look probable.”

----Dealers were keeping a wary eye on Japanese politics after a survey showed support for Japanese Prime Minister Shinzo Abe had fallen to 26.7 percent, the lowest since he took office in late 2012.

Abe’s sliding ratings are raising doubts over whether he can win a third three-year term as ruling Liberal Democratic Party (LDP) leader in a September vote, or whether he might even resign before the party election.
More

China, Japan Hold First Economic Talks in 8 Years in Trade War Shadow

By James Mayger
16 April 2018, 01:45 GMT+1
Japan and China hold their first high-level economic dialogue in almost eight years on Monday against a backdrop of trade threats from the U.S.

While neither side is publicly linking the talks in Tokyo between Chinese Foreign Minister Wang Yi and his Japanese counterpart Taro Kono to President Donald Trump’s protectionist policies, the meeting is a timely reminder of not only how much they both rely on the American market, but also how interdependent the two Asian nations have become.

Even before he was elected, Trump had criticized both Chinese and Japanese trade and economic policy as unfair and damaging to the U.S. Recently, he has threatened tariffs on Chinese exports and limits on investment, and just last week took a shot at Japan, saying the nation “has hit us hard on trade for years!"

That trade may be on the table for discussion when Japan’s Prime Minister Shinzo Abe meets with Trump later this week in Florida, but the rise of intra-Asian trade has weakened the power of U.S. attempts to coerce countries.

China has replaced the U.S. as the number one trading partner for most nations in Asia, even those that have military alliances with the U.S., like South Korea, Japan and Australia.

China is not just a trading partner, but also an important source of investment and tourists, which give it added bargaining and coercive power against other Asian nations.

----Trade tension between the U.S. and China is not new. Even before Trump began railing against the persistent trade deficit, the U.S. had complained to the World Trade Organization about Chinese actions more than about any other nation. And China has reciprocated.
More

April 16, 2018 / 3:17 AM

Former Japan PM Koizumi says embattled Abe may quit in June - magazine

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe, plagued by suspected cronyism scandals and cover-ups and with his ratings sliding, will likely step down in June, former leader Junichiro Koizumi was quoted on Monday as telling a weekly magazine.

A survey by broadcaster Nippon TV released on Sunday showed Abe’s support had sunk to 26.7 percent, the lowest since the conservative lawmaker took office in December 2012. An Asahi newspaper poll published on Monday put his rating at 31 percent.

Abe’s sliding ratings raise doubts over whether he can win a third three-year term as ruling Liberal Democratic Party (LDP) leader in a September vote, that he needs to win to stay in office, or whether he might even resign before the party vote.

Speculation has also emerged that Abe could call a snap general election as he did last October, when his ratings were in a similar slump.

The prime minister has repeatedly denied any wrongdoing.

The latest signs of trouble for Abe come ahead of his summit this week with U.S. President Donald Trump, where the difficult topics of North Korea’s nuclear and missile threats and touchy trade matters will be on the agenda.

“The situation is getting dangerous. Won’t Mr. Abe resign around the time parliament’s session ends (on June 20)?” weekly magazine Aera’s online site quoted Koizumi as saying in an interview.

Koizumi - a critic of Abe’s support for nuclear power after the 2011 Fukushima crisis - said that if Abe hangs on, it could hurt LDP candidates in an upper house election next summer.

Crowds of protestors demonstrated near parliament on Saturday, holding signs saying “Abe is Over” and chanting “Abe quit!” Organisers said 50,000 had participated by the time the demonstration ended.
More

Trump again lashes out against Comey, calling former FBI director a liar, ‘slimeball’

Published: Apr 15, 2018 4:19 p.m. ET
In a series of tweets on Sunday, President Donald Trump referred to “Slippery James Comey” as a “slimeball,” accused him of lying to Congress and throwing the former attorney general “under the bus,” and denied asking the former FBI director for his “personal loyalty.”

The presidential tweetstorm comes as excerpts of Comey’s book, “A Higher Loyalty: Truth, Lies, and Leadership,” have been released before the tell-all hits bookstores on Tuesday.

“Slippery James Comey, a man who always ends up badly and out of whack (he is not smart!), will go down as the WORST FBI Director in history, by far!,” he said at the end of a string of five tweets about Comey on Sunday morning.

“Unbelievably, James Comey states that Polls, where Crooked Hillary was leading, were a factor in the handling (stupidly) of the Clinton Email probe. In other words, he was making decisions based on the fact that he thought she was going to win, and he wanted a job. Slimeball!,” he also wrote.

In interviews to promote the book, Comey said he announced the reopening of an investigation into Hillary Clinton’s email server weeks before the 2016 election because he believed she would win and if he wasn’t open about the probe should would be seen as “illegitimate.”

About 15 minutes later, Trump blasted Comey for leaving many questions unanswered.

“The big questions in Comey’s badly reviewed book aren’t answered like, how come he gave up Classified Information (jail), why did he lie to Congress (jail), why did the DNC refuse to give Server to the FBI (why didn’t they TAKE it), why the phony memos, McCabe’s $700,000 & more?,” he wrote, referring to former FBI deputy director Andrew McCabe, who Attorney General Jeff Sessions fired last month.

The president also brought up former Attorney General Loretta Lynch’s meeting with former President Bill Clinton at an Arizona airport in June 2016 while the federal investigation into Hillary Clinton’s email server was underway.
More

People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

George Orwell.

Crooks and Scoundrels Corner

The bent, the seriously bent, and the totally doubled over.
No crooked bankster or bent politicians today, there’ll be more on the tomorrow, because they can resist anything except temptation. Today, more on man made global warming, now rebranded and relaunched as “climate change.”

'Longest winter of my life': Edmonton breaks record with historic cold stretch

Published Saturday, April 14, 2018 1:19PM EDT Last Updated Saturday, April 14, 2018 3:05PM EDT
It’s the never-ending winter. Or at least it feels like that in Edmonton.

The city’s winter-weary residents may be forgiven for griping about the lingering chill this year after they broke their record for most consecutive days of temperatures at or below freezing.

On unlucky Friday, April 13, the temperatures dipped to a low of -2 C with a wind chill of -6 C, according to Environment Canada. It marked the 167th consecutive day of minimum temperatures at or below 0 C, which means Edmonton hasn’t seen an overnight temperature above the freezing mark since Oct. 29, nearly six months ago.

That’s according to weather historian Rolf Campbell who shared a chart on Twitter with historical data from the city’s coldest stretches. The previous record was set in 1974 to 1975 when Edmonton endured 166 consecutive days of temperatures at or below the freezing mark.

Resident Adam Morris wasn’t alive back then, so for him, this winter’s stubborn cold is unprecedented.

“This is the longest winter of my life,” he told CTV Edmonton on Friday.

Despite the weather, Morris attempted to get into the spring spirit by hitting some balls at the Victoria Driving Range in the city’s River Valley.

“It felt great getting out to swing some clubs,” he said.

Kevin Hogan, the head golf professional at the range, said the business chose Friday as its opening date two weeks ago.

“Bring toques and mitts and when you start hitting some balls you’ll warm up pretty quick,” he recommended.

Other residents tried to find spring indoors at a local garden centre filled with flowers.

“We came today to feel the life, to see all the flowers and spring’s on its way,” one visitor said.

Despite the optimism, it could be a while yet before seasonal temperatures return to Edmonton with Environment Canada predicting a continuation of chilly overnight lows for the coming week
Technology Update.
With events happening fast in the development of solar power and graphene, I’ve added this section. Updates as they get reported. Is converting sunlight to usable cheap AC or DC energy mankind’s future from the 21st century onwards?

Sensing interactions between molecules

Nanoscientists have developed an atomically defined probe tip with extraordinary stability which enables them to image molecular structures by atomic force microscopy

Date: April 11, 2018

Source: University of Münster

Summary: An experimental approach to visualize structures of organic molecules with exceptional resolution is reported by physicists and chemists.

In a recent study published in the scientific journal Nature Nanotechnology, physicists and chemists of the University of Münster (Germany) describe an experimental approach to visualising structures of organic molecules with exceptional resolution. The key to this newly developed microscopic method is the high stability of a particularly sharp and atomically defined probe tip.

The new method which can be used to image the structural and chemical properties of organic molecules with extreme precision was developed by physics researchers in the labs of the Center for Nanotechnology (CeNTech) at the University of Münster. The experiment is based on atomic force microscopy where sample surfaces are scanned with the apex of a needle-like probe. As the lead author of the study Dr. Harry Mönig explains: "Our special technique involves a copper-based probe tip which is passivated by a single oxygen atom at the tip termination." Here, passivation means that the oxygen atom reduces undesired interaction between the atoms of the tip and the atoms in the molecules under investigation. This greatly increases the imaging resolution. In contrast to previous methods, the bond between the oxygen atom at the tip and copper base is particularly strong, thereby reducing imaging artefacts to a minimum.

Prof. Dr. Harald Fuchs, co-author of the study, emphasises: "The potential of the new method is considerable as it allows us to investigate bonding structures of molecular networks with exceptional accuracy." Providing fundamental insights into the interactions between molecules is important for the development of new so-called nanostructured materials. Such materials take advantage of the fact that very small deviations on the nanoscale can significantly alter the material properties. The difference between diamonds and graphite is a well-known example of such nanoscale deviations. 
Although both consist of pure carbon, diamond is extremely hard whereas graphite is comparatively soft. Only the structural arrangement and bonding between the carbon atoms are different.
 

The monthly Coppock Indicators finished March.

DJIA: 24,103 +272 Down 10. NASDAQ: 7,063 +300 Down 13. SP500: 2,641 +202 Down 10.
All three slow indicators moved down in March. For some a new bear signal, for others a take profits and get back to cash signal. 

No comments:

Post a Comment