Wednesday Watch

Around X:

• @elonmusk

• This is crazy. FEMA’s top priority is supposed to be saving the lives of America citizens. (pic)
• Wow, it is now illegal to require voter ID in California! They just made PREVENTING voter fraud against the law. The Joker is in charge.
  

• @GenFlynn

• If you didn’t know what the art of the deal was, this is it. Get ready America, maybe this is the black swan no one anticipated. I certainly didn’t, not at this moment. And anyone who believes Biden or Harris can handle this or anyone else in their administration, needs to think twice. (video)

• @jimmy_dore

• A Billionaire who makes huge money off Vaccines wants to take away your free speech if you criticize his product. This is what evil looks like. The devil isn’t going to appear with horns but a crew neck sweater & glasses on a nerd. (video)

• @LauraLoomer

• Shit is about to get real all over the country, but specifically in key election states of Florida, North Carolina, and Georgia as ballots are being sent out. Millions of Americans are without food and power today as a result of 600 miles of total destruction from Hurricane Helene. 600 miles of America is UNDER WATER and unrecognizable due to massive flooding from Hurricane Helene. Millions of Americans across the nation all over the country can’t make calls right now due to SOS outages from @Verizon. A strike at major East Coast ports begins tomorrow, at a time when people need supplies to rebuild after losing everything in the storm.

• @annvandersteel

• BREAKING. - HURRICANE HELENE UPDATE 60 bodies just found hanging in trees in Mitchell County, western North Carolina. Military about to take over the airports - Asheville Airport. Water will be out for 30 days. No internet, only iHeart radio is being broadcasted. Worries of next storm taking out all the bridges going west on the interstate. Mayor of Asheville is not answering questions and has not done anything. Whole Asheville infrastructure water system is totally down. Only way in is through CLT Greensville area. Whole town of Lake Lure completely gone. Mudslides/landslides taking out homes and people. Illegal Aliens were dropped off days before in Asheville and are just wandering around everywhere. God help us all... (video)

• @TheChiefNerd
  

• Fmr. CDC Director Robert Redfield: “There was a decision not to do anything that made the vaccine sound like it didn't work…The spike protein is immunotoxic…When I give you an mRNA vaccine...I don't know how much spike protein you make.” (video)

• @EndWokeness

• Biden-Harris spent $230 million to build a pier in Gaza that lasted 20 days. But no more aid for Hurricane Helene. (pic)
• 218,000 people in Arizona who did not provide the state-required citizenship documents are on the voter rolls. Their votes WILL still count this time. (video)

• @JamesOKeefeIII

• BREAKING: Second Border Patrol Agent BLOWS WHISTLE on Border Crisis: ‘My Conscience Will Be Clean, That’s Way More Important Than My Pension’. "The cartels run the border down here,” says Aaron Veckey, a United States Border Patrol agent with 19 years of service, stepping forward to expose the horrific conditions at the U.S.-Mexico border. Inspired by fellow whistleblower Zachary Apotheker (@ZachApotheker), featured in “Line in the Sand,” Veckey brings OMG onsite to his Customs and Border Protection patrol station in Ajo, Arizona, to reveal the disturbing truth. (video)

• @BoLoudon

• WOW! CNN JUST ADMITTED PRESIDENT TRUMP IS BEATING KAMALA ON THE ECONOMY BY A 50%-39% LANDSLIDE! Trump is beating Kamala BIG on the issue MOST IMPORTANT to voters! "That is a Donald Trump dominant category." Kamala DEFINITELY wouldn't want you to share this! (video)

• @CynicalPublius

• This is unbelievable. XVIII Airborne Corps is located on Fort Bragg (I refuse to call it by that other woke name), a mere 268 miles from Asheville and the worst flooding areas of this Biblical-level tragedy. The Corps’ capabilities include: (video)
  

Night Trading 

• Asian equity indices are -1.5% to -.5% on average.

• Asia Ex-Japan Investment Grade CDS Index 69.25 +.25 basis point.

• China Sovereign CDS 61.0 +1.75 basis points.
  
• China Iron Ore Spot 108.3 USD/Metric Tonne +.24%

• Bloomberg Emerging Markets Currency Index 38.9 +.03%.
• Bloomberg Global Risk-On/Risk Off Index 46.5 -17.0%.
• Volatility Index(VIX) futures 19.3 +.2%.
• Euro Stoxx 50 futures n/a.

• S&P 500 futures -.11%.

• NASDAQ 100 futures -.16%.  

Morning Preview Links

BOTTOM LINE: Asian indices are mostly lower, weighed down by industrial and technology shares in the region. I expect US stocks to open mixed and to weaken into the afternoon, finishing modestly lower.  The Portfolio is 25% net long heading into the day.