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Monday, October 5, 2020

Daily Digest 10/5 – ‘No Place to Hide Anymore’ When the Stock Market Plunges, Adaptation Radicale and Collapsology


Economy

There’s No Place to Hide Anymore When the Stock Market Plunges (Adam)

Within the S&P 500, cheap or “value” stocks outperformed, although they still lost money. But while Big Tech-dominated growth stocks lost out among large companies, among small companies growth beat value. Sector performance followed no discernible pattern either. And stocks that normally rise and fall faster or slower than the market, known in market jargon as high or low beta, didn’t behave predictably.

Now the froth has been blown off the big disruptive growth stocks, we can hope that the normal market relationships will reassert themselves. But the biggest hedge against losses, Treasurys, probably won’t be back as a useful tool for years, if ever.

The Daily 202: A dozen questions to gauge the political ramifications of Trump’s coronavirus diagnosis (tmn)

An unnamed White House official told the Associated Press this morning that the president is experiencing “mild symptoms” but did not specify.

The president’s physician, Sean Conley, said in a statement that the Trumps “are both well at this time, and they plan to remain at home within the White House during their convalescence.”

Voters, voting rights groups sue Gov. Greg Abbott over order to close ballot drop-off locations (tmn)

Unprecedented numbers of Texas voters are requesting mail-in ballots for the highly charged election as the nation is in the grip of the coronavirus pandemic. Many of those voters are expected to drop off their ballots in person rather than entrusting them to the U.S. Postal Service, which has been plagued by cutbacks and doubts over its ability to deliver ballots early enough to be counted.

Texas Republicans have vigorously fought efforts to facilitate increased mail-in balloting, particularly in Harris County, the state’s largest and a Democratic stronghold where voter turnout could prove pivotal in this year’s election.

The Truth About Today’s Anarchists (thc0655)

Don’t get me wrong. My heart broke for the people in Minneapolis who lost buildings to arson and looting. Migizi, a Native American nonprofit in Minneapolis, raised more than $1 million to buy and renovate a place where Native American teenagers could learn about their culture — only to watch it go up in flames, alongside dozens of others, including a police station. It can take years to build a building — and only one night to burn it down.

And yet, I had to admit that the scale of destruction caught the media’s attention in a way that peaceful protests hadn’t. How many articles would I have written about a peaceful march? How many months would Mr. Quinn have spent investigating suburban moms kneeling? That’s on us.

Economic Prism: “In America Money Does Grow on Trees” (CleanEnergyFan)

America is presently bleeding like a stuck pig. Public and private debts are hemorrhaging a bloody mess. For example, the budget deficit for fiscal year 2020, which concluded on September 30, was $3.3 trillion. By this, the federal government spent double what it generated via tax receipts and other confiscatory measures. And the federal debt held by the public is now over 100 percent of GDP.

There’s no way the debt will be honestly paid. It’s mathematically impossible. Nor will it be paid through an honest default. That’s politically unacceptable.

Campus Reform: Oregon State prof blames ‘White Christians’ for West Coast wildfires (thc0655)

Shaw is also very critical of President Donald Trump and the Christian Church, stating that “the disturbing link between White evangelical support for Trump and disregard for climate change that disproportionately affects poor people of color around the world should probably not be all that surprising.” Shaw then quotes Anthea Butler, Associate Professor of Religious Studies and Africana Studies at the University of Pennsylvania, as saying “Modern evangelicals’ support for this president cannot be separated from the history of evangelicals’ participation in and support for racist structures in America.”

Estimated Surface Decay of SARS-CoV-2 (virus that causes COVID-19) (000)

Relative humidity and temperature can be used to provide an estimated half-life for SARS-CoV-2 with this model with some degree of certainty. The predictive power is limited to temperature between 74°F-95°F and Relative Humidity between 20-60%. The formula below was developed in °C, but has been modified in the web calculator to use °F.

The FDA-approved drug ivermectin inhibits the replication of SARS-CoV-2 in vitro (Ed M.)

As noted, ivermectin was the focus of a recent phase III clinical trial in dengue patients in Thailand, in which a single daily dose was found to be safe but did not produce any clinical benefit. However, the investigators noted that an improved dosing regimen might be developed, based on pharmacokinetic data. Although DENV is clearly very different to SARS-CoV-2, this trial design should inform future work going forward. Altogether the current report, combined with a known-safety profile, demonstrates that ivermectin is worthy of further consideration as a possible SARS-CoV-2 antiviral.

Physicists build circuit that generates clean, limitless power from graphene (Adam)

The idea of harvesting energy from graphene is controversial because it refutes physicist Richard Feynman’s well-known assertion that the thermal motion of atoms, known as Brownian motion, cannot do work. Thibado’s team found that at room temperature the thermal motion of graphene does in fact induce an alternating current (AC) in a circuit, an achievement thought to be impossible.

Mystery of Chinese seeds near solved (TourGuideDC)

The second tranche of unknown Chinese seeds came as part of an internet “brushing” scam, El-Lissy said.

Online merchants create false buyer accounts and post positive reviews of their products to boost their rating on an e-commerce site. Before an e-commerce site will consider an order valid, a shipment must be initiated to complete the transaction.

Study found plastic in every seafood sample it analyzed (Frances K.)

To extract any plastic present, the scientists placed each sample into a flask with an alkaline solvent and agitated it at 60 degrees Celsius in a shaker incubator. Once the solvent had completely digested the sample, the solution was analyzed for plastic.

The researchers then used a technique called pyrolysis gas chromatography mass spectrometry to identify the presence of five types of plastics: polystyrene, polyethylene, polyvinyl chloride, polypropylene, and poly(methyl methacrylate).

University Of Cumbria: Adaptation Radicale and Collapsology discussed in France (000)

So what’s happening when people criticize those of us who want to talk about preparing for collapse, whether in the collapsology field or in the Deep Adaptation field, or other fields, they’re telling us that we have the burden of proof on us to say that the red line is not the future path for our carbon emissions let alone the safer lines. Really, we should be aiming for at least the green line. I believe that the burden of proof really should be on them to show us, against all evidence, how we’re going to go down any of these simplified emission pathways to reach these climate targets. I think they can’t prove that this is happening, or will happen, because it’s not been happening.

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