How bathroom design will change after COVID-19
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Yuck. Stay out of rest rooms lest you rest in peace!
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HEALTH: Public restrooms as vector for the WuFlu?
Wednesday, May 13, 2020
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FINANCIAL: Traders get wiped by a software bug!
Tuesday, May 12, 2020*** begin quote ***
Negative oil price triggers trading software bug, wipes out traders
For the non-professional trader, dabbling in futures or FX contracts is generally a recipe for financial ruin. There’s so much leverage in those contracts that it doesn’t take much of a move against your position to get wiped out. When the underlying commodity does something weird, like say, flash crashing or something weirder (see below), all bets are off. The situation is exacerbated if the trading desk software isn’t equipped to handle such an unprecedented move.
Bloomberg reports the tale of Toronto-based Syed Shah, who normally trades stocks and currencies on his Interactive Brokers account. On April 20, Shah picked the absolute wrong day to try his hand at trading oil futures. That’s the day oil went negative for the first time in history, at one point printing a negative $37/barrel handle.
Shah waded into what he thought was an unsustainable discount on oil: spending $2,400 from his account on futures contracts at $3.30/barrel, $0.50/barrel, culminating in a tranche at the unbelievable price of one penny a barrel. Except not only did oil fall to 0.01/barrel, it kept going, below zero, negative and further negative – only Shah, and all of the other traders on Interactive Brokers system didn’t know that, because the platform wasn’t coded to handle negative oil prices. None of them knew the contracts they were buying were actually costing them money the further oil went below zero.
When the end-of-day settlement notices went out, Shah, who started the day out with a balance of $77,000 in his account, now owed the house $9,000,000.
Interactive Brokers has since acknowledged the negative price exposed bugs in their own system, and IB will be making all traders affected whole out of their own book. It’s estimated that will cost the brokerage around $113,000,000.
Read: https://www.bloomberg.com/news/articles/2020-05-08/oil-crash-busted-a-broker-s-computers-and-inflicted-huge-losses
Charles Hugh Smith, Jesse Hirsh and I discussed this type of unprecedented signal distortion in our first AxisOfEasy Salon, available here.
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That’s a horror story.
This “casino” is NOT for the faint of heart!
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GOVEROTRAGEOUS: Kvetching about the Pepuls Republik of Nu Jerzee’s MVC
Tuesday, May 12, 20202020-May-12
I use the online renewal for my car registrations’ renewals here in the Pepuls Republik of Nu Jerzee!
Bear in mind the NJ MVC has all my car related information and my drivers’ license data.
The app should remember me, my cars, and policy numbers and only force me to enter the data if it’s changed.
I do wonder what they do with the insurance company id and policy numbers?
Also annoying is that the printed renewal should use a larger font for us old folks and the visually impaired.
Since I have no choice in vendors of this “service”, I can’t comparison shop or influence them to “fix” my issues with their design.
Typical of the Gooferment versus a truly free market.
Funny that the supposedly “free market” — which isn’t “free”! — never send me stuff that’s hard to read. Wonder why? Competition!
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Researchers uncover MORE evidence that smokers may be protected from the deadly coronavirus | Daily Mail Online
Monday, May 11, 2020Of 441 hospitalised COVID-19 patients in the study, 5% were active smokers But rates are 24% in the Italian population, suggesting some sort of protection However, more smokers succumbed to the disease – half of smokers compared to 35% of non-smokersIt comes after a UCL review of 28 studies, including from Europe, which found smokers were less common than expected among COVID-19 patients Governments suggest quitting the habit for precaution despite lack of evidence
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More anecdotal evidence that the experts don’t understand this pandemic?
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HEALTH: What Is the Optimal Vitamin C Intake? | NutritionFacts.org
Sunday, May 10, 2020But, wait, can you get up to an intake of 200 milligrams a day without taking supplements? No problem. Single servings of fruits and vegetables may have about 50 milligrams each; so, a measly five servings of fruits and veggies a day could get you to ideal blood levels.
Source: What Is the Optimal Vitamin C Intake? | NutritionFacts.org
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Five servings of fruits or vegetables is the RDA!
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New York mom with coronavirus saved by medical-student son
Saturday, May 9, 2020James wrote up his mother’s case for a study he and Horowitz coauthored on treating her and another patient, a Manhattan man in his 50s. It was published online in the journal “Respiratory Medicine Case Reports.”
The second patient told The Post he felt better after getting an intravenous infusion of the glutathione.“
Within half hour it helped with the breathing symptoms in particular,” he said.
Source: New York mom with coronavirus saved by medical-student son
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More evidence that the “experts” don’t know squat about this disease.
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Bored During Self-Isolation? 100+ Tips for Staying Entertained and Engaged
Saturday, May 9, 2020The novel coronavirus and COVID-19 have turned the entire world upside-down. We’re stuck at home without much to do, and there’s only so much Netflix you can watch before you start feeling cabin fever.
It might be months, or even years, before society goes back to normal—if it ever does—so we have no choice but to get used to how things are now. And that means finding ways to keep ourselves entertained without leaving the house.
Source: Bored During Self-Isolation? 100+ Tips for Staying Entertained and Engaged
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How can an introvert ever be bored with themselves?
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GOVEROTRAGEOUS: Michael Flynn case collapse latest sign ‘RussiaGate’ was a complete fraud
Friday, May 8, 2020Brandon Van Grack, a top Justice Department prosecutor and former member of special counsel Bob Mueller’s team, was withdrawn from the Flynn case (indeed, many of his cases) earlier Thursday because he’d plainly abused his power by withholding bombshell evidence from the defense and the court.
Source: Michael Flynn case collapse latest sign ‘RussiaGate’ was a complete fraud
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At the very least, why hasn’t this fellow been disbarred?
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GOVERNACIDE: Ten Point Plan To Stop Covid-19 in Its Tracks – LewRockwell
Thursday, May 7, 20201. Focus on the most at-risk groups for mortal outcomes: nursing home residents; African Americans; hospital workers; the very old whose immune systems are not up to par; the very young who have an undeveloped immune system. Focus on educating nursing home directors, hospital infection control officers, African American community leaders, school nurses. Don’t rely on top-down instruction from government sources. Utilize local resources to promote public health, sanitation, and immunity. Gain the public’s trust via education. Government offers no drugs or vaccines and was unprepared for this current epidemic, not even having sufficient masks, blood testing or sanitation practices in place.
Source: Ten Point Plan To Stop Covid-19 in Its Tracks – LewRockwell
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It seems like this is at least a plan. More than I’ve heard from the politicians and bureaucrats!
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HEALTH: Could Retroviruses Play a Role in COVID-19?
Wednesday, May 6, 2020Judy Mikovits, Ph.D. is a cellular and molecular biologist, 1 researcher and was the founding research director of the Whittemore Peterson Institute that researches and treats chronic fatigue syndrome (CFS) in Reno, Nevada. She is likely one of the most qualified scientists in the world to comment on this disease because of her groundbreaking research in molecular biology and virology.
Source: Could Retroviruses Play a Role in COVID-19?
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Mikovits suspects COVID-19 may in fact be a type of vaccine-derived or vaccine-induced retroviral infection.
“I don’t believe [COVID-19] is infection from without,” she says. “I believe the spread across [210] countries4 is from injection, and there’s enough evidence to support that.”
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Here’s some more “evidence” that the experts don’t know what we are dealing with.
The assertion that it is SPREAD by contaminated vaccines is very troubling.
Wonder when, or if, “We, The Sheeple” will get the “truth”?
“Son, we live in a world that has walls, and those walls have to be guarded by men with guns. Whose gonna do it? You? You, Lt. Weinburg? I have a greater responsibility than you could possibly fathom. You weep for Santiago, and you curse the Marines. You have that luxury. You have the luxury of not knowing what I know. That Santiago’s death, while tragic, probably saved lives. And my existence, while grotesque and incomprehensible to you, saves lives. You don’t want the truth because deep down in places you don’t talk about at parties, you want me on that wall, you need me on that wall. We use words like honor, code, loyalty. We use these words as the backbone of a life spent defending something. You use them as a punchline. I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very freedom that I provide, and then questions the manner in which I provide it. I would rather you just said thank you, and went on your way, Otherwise, I suggest you pick up a weapon, and stand a post. Either way, I don’t give a damn what you think you are entitled to.” Colonel Jessep in A Few Good Men played by Jack Nicholson
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