While wrapping up campaign stops in South Carolina and Massachusetts ahead of Super Tuesday, the 78-year-old boarded the wrong gulfstream.
As for this little mix-up here, it's kinda funny. Bernie's been flying all over the country for different campaign events -- so the guy's definitely busy and has a preoccupied mind at the moment. Mistakes like this (getting on the wrong Gulfstream) are bound to happen. -TMZ
So long (for now). @BernieSanders and @ewarren are both on their way back to DC. Here they each are boarding flights from the same general aviation area at DSM just 36 minutes apart. pic.twitter.com/iWLYh3cGKb
While Sanders has been pictured on multiple commercial flights, he's taken criticism for flying private jets at all while railing against the elites. Earlier this month, he was pictured boarding a different private jet - while candidate Elizabeth Warren took her own to the same D.C. airport from different locations just 36 minutes apart, according to the report - which notes that they could have simply flown together and saved the planet.
Down in South Carolina, someone alleged he had as many as three Gulfstreams to himself to get somewhere just a couple hours away. Unclear if that's true, but here's something to keep in mind.
It’s a 2 hr drive from Charleston to Myrtle Beach & locals do it all the time - Not @BernieSanders- He & his entourage flew from Charleston to Myrtle Beach in not 1, not 2, but 3 Gulfstream Jets today. It took them 10 minutes to fly. Who is the elitist?? #BernieIsACommunistpic.twitter.com/2CWMXVn4eE
Enjoying a small bit of booze on a daily basis could actually help boost your life-span to a healthy 90 years of age, researchers have found.
The study, spearheaded by a team of scientists at Maastricht University Medical Centre in the Netherlands, discovered that men and women who indulge in a daily drink are 40 percent more likely to reach their 90th birthday than those who completely abstain.
But before folks get carried away, it is important to note that the benefits of booze are restricted to those who stick to one daily drink, as binge-drinkers are prone to die earlier.
While women can benefit most from drinking wine, men were found to benefit most from such liquors as brandy, gin, and whiskey.
For the study, lead researcher Prof. Piet van den Brandt and his team tracked the drinking habits of over 5,500 people over the span of 20 years. Most of those people tracked by the Dutch team were born in 1914-1918, during the First World War.
The volunteers were surveyed on their drinking habits while they were in their sixties and seventies before researchers monitored how many of them made it to the age of 90.
According to the results published in the journal Age and Ageing, 34 percent of the women and 16 percent of the men reached that age.
However, those who drank between 5 to 10 grams of alcohol per day - the equivalent of a half-pint of beer, a small glass of wine, or a standard shot of liquor - were 40 percent more likely to reach 90 years.
And while drinking up to 15g per day slightly improved volunteers’ chances of reaching 90, any more than that led to premature death.
In his report on the findings, Dr. van den Brandt said:
“We found alcohol intake was positively associated with the probability of reaching 90 years of age in both men and women.
Wine was associated with women reaching 90 but not with men. Instead, intake of gin, brandy and whisky increased their longevity.”
Researchers remain unclear as to why the small daily doses of alcohol are so beneficial.
However, researchers also warned that older people should be aware of how alcohol could potentially interfere with prescription medications. They also noted that the study should not be seen as an endorsement of imbibing alcohol.
Dr. van den Brandt said:
“This should not be used by anyone who does not currently drink alcohol as motivation to start drinking.”
According to the Daily Mail, Lucy Holmes, a director of research and policy at Alcohol Change UK, said:
“This study shows again what all the evidence points to and what the UK’s top doctors tell us – the healthiest choice is to drink 14 units a week or less.
That’s a bottle and a half of wine, or six pints of normal strength lager, spread over three or more days. But if you don’t drink at the moment, this isn’t a reason to start.”
Joe Biden Wins South Carolina Primary, Trump Says "End Of Bloomberg's Joke Campaign"
Former vice president Joe Biden is quickly taking a victory lap after being projected to win the South Carolina Primary:
Thank you, South Carolina! To all those who have been knocked down, counted out, and left behind — this is your campaign. Together, we will win this nomination and beat Donald Trump.
— Joe Biden (Text Join to 30330) (@JoeBiden) March 1, 2020
Amid a larger than expected African American voter turnout, Biden dominated the initial vote count...
And is forecast to win the primary.
The double-digit win for Biden, along with the likelihood of collecting many or most of the 54 delegates at stake, gives his campaign a much-needed shot in the arm ahead of the Super Tuesday primaries next week.
President Trump was not slow in reacting either:
Sleepy Joe Biden’s victory in the South Carolina Democrat Primary should be the end of Mini Mike Bloomberg’s Joke of a campaign. After the worst debate performance in the history of presidential debates, Mini Mike now has Biden split up his very few voters, taking many away!
Complacency came before the fall. All of 2019 market participants ignored the non existent earnings growth. Too strong was the now pavlovian reflex to chase easy central bank money. Too trusting in central banks to again produce a reflation scenario that would make all the troubles go away.
Everything was ignored and markets and stocks were relentless chased higher into some of the highest market valuations ever. Even the coronavirus was ignored. A dip to buy in January they said. AAPL warning? Let’s ignore it and buy AAPL to new all time highs again.
Nothing mattered until it did.
Then markets crashed last week. Perhaps not in percentage terms, but in terms of vertical velocity to the downside it was unmatched in history. The fastest 15% correction off of all time highs ever and by far.
Worse, months of buyers of stocks and markets at high valuations suddenly found themselves trapped as the bottom fell out inside of a few days:
$NYSE, the broader index dropping below the January 2018 highs and closing below the summer 2019 lows now showing an index that has gone nowhere in 2 years and the recent highs being a complete mirage.
The big message: It was not different this time. Bears were right. Full stop.
$DJIA fell all the way to the June 2019 low taking out 9 months of buying:
Don’t anybody tell me everybody sold the top. No, lots of buyers are trapped at much higher prices and are now again dependent on central banks coming to the rescue.
The very central banks that have led them into another liquidity trap. By printing, cutting rates, adding to the balance sheet at a record clip and even producing new record holdings of treasury bills the Fed has created a stock buying frenzy. In denial of its actions and the historic valuations that were created in the process the Fed caused a massive melt up in stocks and markets and now investors have paid the price as the Fed lost control:
Prediction: If markets drop 10%+ before April the Fed will not end repo or its treasury bills buying program as indicated.
If anything they will increase it and cut rates.
Why? Because markets will demand it & this Fed has no backbone whatsoever & his beholden to markets.
And here we are, the market now pricing in a 100% probability of a rate cut by March and Powell sending the signal it will come. Indeed markets are now pricing in nearly 4 rate cuts by early 2021 and there’s chatter about an emergency rate cut coming or global coordinated central bank intervention.
They will react for certain and this reaction may well an drive aggressive counter rally in coming weeks from now extreme oversold conditions in markets.
But the bigger issue now is that central banks are very much at risk of losing final control here, having left themselves vulnerable, intervening always at the first sign of trouble, and now they have precious little ammunition to deal with a real emergency if coronavirus is turning into something much more serious.
Money printing does not start production chains or cause airlines to fly. So the risk of a global recession unfolding is a clear and present danger and then futures rallies would continue to get sold and markets may embark on a multi year bear market. That’s the risk they tried to avoid in 2019.
We can’t know how any of this plays out of course and hopes are the virus will calm down in the next month or two and then this current shock to the system can recover and pent up demand can rescue the economy and markets into the second half. It’s possible, but it may also not be possible depending on the severity. Because frankly, we are watching a historic experiment unfold:
Historic experiment:
Let's take the longest and slowest recovery business cycle & the most indebted global economy, use cheap money to jam markets to the highest market cap to GDP valuations ever and then shut down the global supply chain and then let's see what happens. pic.twitter.com/ubXzSeYdox
I repeat: Nobody can know how this will play out. However we can let the technicals guide us, the very technicals that told us this rally was unsustainable, that it had massive issues, and that a reversion was coming.
In this week’s video I’m focusing on what just happened and why, the damage that has been inflicted, the orchestra of support we witnessed on Friday, and what we may expect going forward including potential for an aggressive counter rally, but also resistance on any moves up given the technical damage that has occurred.
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"This Is A Nightmare": London's Worst-Case Plan For Coronavirus Includes Giant Morgue In Hyde Park
London plans to turn Hyde Park into a giant morgue in the event of a worst-case coronavirus scenario, reports Bloomberg.
"We have contingency plans to open up a morgue in Hyde Park, in tents," said MP Nickie Aiken, whose district includes the 350-acre open space which was used as a refuge from the plague in the 17th century. "We would run the morgue for most of central London."
As of Friday, 19 cases of the coronavirus, known as COVID-19, have been confirmed in the UK since it began spreading from China in January - where 78,000 cases have been confirmed.
The message from central government is to avoid panic, while behind the scenes officials are making just-in-case plans for a mass outbreak.
If it does turn into a pandemic, the U.K. is the best country to be in, because “we are so on it for contingency planning,” Aiken, an MP for Prime Minister Boris Johnson’s Conservative Party, said in an interview on Friday. But Aiken, who is also a councilor for the Westminster area which includes the park, said she’s alert to the risk of contagion in the U.K. capital. -Bloomberg
"I was on the Tube yesterday going to the City, and I was thinking this is a nightmare," said Aiken. "In the worst-case scenario, it’s going to be horrendous."
