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Don’t go there!

Perhaps ironically, one of the most famous 4 Horsemen of the Apocalypse paintings is by a Russian:

  • Pestilence (on a White Horse -> COVID !?)
  • War (on a Red Horse -> PUTIN !?)
  • Famine (on a Black Horse -> HYPERINFLATION !?)
  • Death (on a Pale Horse -> TOO LATE !?)

 

For relevant updated news go to the EMMA press pages, or follow the following currently relevant (independent) news:
  • Meduza
  • DW
  • Ahead
A Russian teenager commented on a social media post about Navalny. Then, the FSB came knocking.

In 2023, a 16-year-old student commented on a post that called for people to attend a protest in support of Russian opposition politician Alexey Navalny. A few months later, officers showed up at his family’s apartment with a search warrant, and he was summoned to Russia’s Federal Security Service (better known as the FSB) for a “warning.” In a firsthand account published by the independent outlet Holod, the teenager recounted what it was like to have his home searched over a single comment. Meduza shares a translation of his testimony.

Deadly Ukrainian drone strike on Moscow suburb leaves residents unsettled and ambivalent about the war

Last week, Ukraine carried out its largest drone attack on Russia’s capital since the start of the full-scale war. More than 140 drones entered Russian territory in the early hours of September 10, according to the Russian authorities, and air defenses reportedly shot down at least 20 in the Moscow region. The most heavily affected town was Ramenskoye, a Moscow suburb where drone strikes damaged three apartment buildings, injuring three residents and killing one. The attack came amid news that Ukraine may soon get permission from allies to use Western long-range missiles to strike Russian territory — and the Moscow region is full of facilities that it could target. A correspondent from the independent journalists’ cooperative Bereg went to Ramenskoye to find out how local residents are feeling after the attack and whether they’re afraid of being targeted again. Meduza shares a lightly abridged translation of their report.

Putin issues decree to expand Russian military by 180,000 soldiers

Vladimir Putin issued an order on Monday to expand the Russian army by 180,000 soldiers, setting the total number of the country’s active servicemen at 1.5 million.

‘Most people have little interest in the truth’. Twenty years after the Beslan school siege, victims’ relatives feel exploited and unheard

On September 5 and 6, 2004, the victims of the Beslan school siege were laid to rest. The terrorist attack was the deadliest in modern Russian history, killing 333 people, including 186 children, and injuring 783. While the authorities’ official investigation is effectively over, the victims’ relatives continue to insist that law enforcement made crucial mistakes that led to dozens of unnecessary deaths. (In 2017, the European Court of Human Rights ruled that the Russian authorities had “sufficiently specific information about a planned terrorist attack in the area” several days in advance to take preventive measures but failed to do so, and that they used “indiscriminate and disproportionate” force in their response.) This year marks the 20th anniversary of the attack, and like every year, the Beslan authorities organized a ceremony in memory of the victims — but relatives and survivors were highly skeptical of the event. The independent journalists’ cooperative Bereg traveled to the town to witness the memorial proceedings and speak to survivors and victims’ relatives about their memories from 2004 and their experiences in the two decades since. Meduza shares an abridged translation of their report.

The Russian authorities slowed YouTube speeds to near unusable levels — so why are Kremlin critics getting more views?

Two months ago, the Russian authorities began throttling YouTube playback speeds to near-unusable levels. Initially, this had little effect on the platform’s popularity, but by early September, analysts reported a significant drop in views for many popular Russian-language channels. Interestingly, however, channels focused on socio-political topics have actually seen their view counts increase and are still gaining new subscribers. Meduza explains what’s happening with YouTube in Russia and whether the Kremlin’s plan is working.

Highest flood warnings have been declared at some 100 places in the Czech Republic, with most regions in the country affected. Austria, Poland and Romania have also been hard-hit. DW has the latest.
The Kremlin is claiming a successful counter-offensive following a Ukrainian incursion. Meanwhile, both Zelenskyy and the Kremlin have commented on Trump's alleged assassination attempt. DW has the latest.
France's Thierry Breton says he is leaving his role following a spat with European Commission chief Ursula von der Leyen. In a letter outlining his decision, Breton cited "questionable governance."
Citing an overloaded asylum system, Germany on Monday started passport controls on all of its land borders to reduce irregular migration. Such measures are supposed to be the exception within the EU.
Giraffe Wahia has given birth for the first time in nine years after a 15-month pregnancy, according to officials in Germany's Karlsruhe Zoo. The baby, like her mother, belongs to an endangered giraffe subspecies.
Three ways the US government could ‘kick the debt can down the road’ – Richard Mills
Three ways the US government could ‘kick the debt can down the road’ – Richard Mills

2024.09.14

Developed-world governments continue to spend beyond their means, borrowing and printing money to pay for their exorbitant expenditures. None of it has any consequences, other than inflation, due to fiat currencies. It doesn’t matter how high interest rates go, they just keep borrowing, adding to deficits and national debts.

This is unsustainable and eventually will come to a crashing halt. When an individual borrows money he/she starts a loan by paying mostly the interest off first.

Continue reading Three ways the US government could ‘kick the debt can down the road’ – Richard Mills at Ahead of the Herd.

The scary new map of the South China Sea
The scary new map of the South China Sea

From The Economist

On August 31st a Chinese cutter rammed the largest patrol ship of the Philippine coastguard, punching a hole in its side. It was the latest attempt by China to force the Teresa Magbanua to leave Sabina Shoal, where it has been stationed since April. No one was injured. But the incident is part of an emerging new pattern of escalation and confrontation in the South China Sea, particularly around the Spratly Islands.

Continue reading The scary new map of the South China Sea at Ahead of the Herd.

The Number of Earths Needed for Different Countries’ Lifestyles
The Number of Earths Needed for Different Countries’ Lifestyles

By Marcus Lu – Visual Capitalist

How many Earths would we need if the entire global population lived like one country?

In this graphic, we’ve visualized data from the Global Footprint Network to see the number Earths required to sustain a world population that lived like Americans, Germans, and more.

Read More

Continue reading The Number of Earths Needed for Different Countries’ Lifestyles at Ahead of the Herd.

‘Buy America’ Feud Risks 200 Mile-an-Hour Rail From Vegas to LA
‘Buy America’ Feud Risks 200 Mile-an-Hour Rail From Vegas to LA

From Bloomberg

Alstom lawsuit may complicate Brightline West’s 2028 timeline Siemens chose NY site for factory to build high-speed trains

For nearly 20 years, a plan has been brewing for a high-speed rail line connecting Las Vegas to southern California.

Something was always getting in the way, from ballooning budgets to bureaucratic red tape, not to mention developer and investor switcheroos.

Like many US infrastructure projects, the dream of sleek, fast-moving trains connecting two of the country’s biggest entertainment meccas in just two hours turned into a game of speculation, with nothing getting built.

Continue reading ‘Buy America’ Feud Risks 200 Mile-an-Hour Rail From Vegas to LA at Ahead of the Herd.

Why Fed rate cuts matter to world markets
Why Fed rate cuts matter to world markets

From Reuters

When the Federal Reserve delivers a widely-anticipated interest rate cut on Wednesday, its first in four years, the move will resonate well beyond the United States.

The size of a first move and the scale of overall easing remains open to debate, while a looming U.S. election is another complicating factor for global investors and ratesetters looking for a steer from the Fed and pinning hopes on an economic soft landing.

Continue reading Why Fed rate cuts matter to world markets at Ahead of the Herd.

 

2EMMA Featured Stories


Mandela’s Kiss Endures

Palestinian leader Yasser Arafat and Nelson Mandela embrace at Mandela's home in Johannesburg, South Africa, on Jan. 13, 1990.

 

The 2024 Global Elections Super-Cycle

Stay tuned for continuous updates on elections around the world. Click on a country for the latest elections data and analysis.

  • Number of national elections to be held in 2024            18 of 68
  • Overall turnout (based on registered voters)                        63%
  • Total number of ballots cast in 18 elections                   467,094,737

 

Pulled conclusions from pooled data compilations

Using some of the world’s largest companies by market cap & some of the most quoted indices + two most sung alternatives: data for this millennia where available

  • At 134x, Apple is the absolute stock price growth winner; with Amazon at 45x and Google at 32x
  • Despite the lack of interest or dividends, gold at 6.6x looks good compared to any other stock or index!
  • Barrick Gold on the other hand seems to be poorly correlated to anything including the gold metal itself!?
  • But Barrick is the only stock producing negative correlations with most of the indices including a relatively high -0.77 with the Euronext100 index
  • If one wast trying to get something totally uncorrelated on purpose- it would be hard to beat: gold and the Euronext100 index at -0.03; or Barrick and the Hang Seng index at 0.04; or gold and Merck at 0.16; or BTC and the FTSE index at 0.19
  • Correlation against a basket of indices & alternatives is best in Disney and Google (0.81-0.82), albeit at different growth multiples
  • If an average historical P/E is somewhere in the 20x range, then the current S&P quoted average which is in high 30s is as warned high, BUT: only Amazon and Visa seem to be widely out of range (justified by growth in online transactions?), with many below current & historical averages
  • In the current world of no interest & no inflation, maybe the higher P/E averages are justified..? For how long, that is a different question…

For hedging ideas, other growth, correlations, or averages- take a look at the data set/:>  the Excel file: 2emma stock monitor or go to the Data Monitor

 

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The Economist – Graphic Detail

Almost like it was done by John Graphicon 🙂

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