Monday Watch

Today's Headlines

Bloomberg:  

• China Jolts FX Markets as Yuan Suffers Worst Day in Two Months.
• Speculators Catapult Aussie Short Bets to Record Amid China Woes.
• Asian Shares Look Mixed Ahead of Busy Data Week.
• Oil Ticks Higher as Sanctions and Russian Attacks Take Spotlight.
• Chicago Voters Reject Mansion Tax in Blow to Mayor Johnson.
• Squeezing Realtors Is Just What the Housing Market Needs.
• US Inflation Gauge Seen Bolstering Fed Patience on Rates.
• Fed’s Powell Ready to Support Job Market, Even If It Means Lingering Inflation.
• Five Things You Need to Know to Start Your Day: Asia.

Zero Hedge:

• Kamala Harris Announces DOJ-Funded Office To Push 'Red Flag' Gun Laws, Gets Slammed By Parkland Dad Over 'Photo Op'.
• Why Social Trust Is Cratering: The Difference Between Elites And Commoners.
• TIME To Panic: Joe Biden's Campaign "In Trouble" Despite Obama Warning.
• US & NATO Issue Rare 'Solidarity' Messages After Moscow Attack As Death Toll Rises To 137; Bizarre Terrorist 'Confessions' Emerge.
• Chinese-Owned Tanker Hit By Houthi Missile Despite Safe Passage Deal .
• US-Backed Egypt Sitting Atop Muslim Brotherhood Powder Keg Inspired By Gaza, Failing Economy.
• "Why Do I Have To Have Another Marvel Movie That's All Women?" Billionaire Slams 'Woke' Disney Amid Board Proxy Battle.
• The Insanity In Our World Is Driven By Money Printing.
• Some Democrats Say They Would Save Speaker Johnson From Ouster.
• The West's Nuclear Power Revival Could Be Slower Than Hoped.
• New 'Morally Ambiguous' Star Wars Show Directed By Former Assistant To Harvey Weinstein.
• Mob Rule Versus Survival Of The West: Why Americans Should Be Watching The UK.
• FDA Settles Ivermectin Case, Agrees To Remove Controversial 'Stop It' Post.
• China Behind Super Highway That Targets US With Mass Migration, Economic Warfare.
• Philadelphia Sets 11PM Curfew For All Businesses In Drug-Riddled Kensington Section Of City.
• Dangerous Levels Of Toxins Found In General Mills ‘LOADED’ Cereal: Report.
• House Speaker Confirms He'll Invite Netanyahu To Address Congress.
• Biden's Border Blowup.
• Bezos's Ex Donates $640 Million - With Most Going To Far-Left Groups Boosting Migrant Criminals, Trans Athletes.
• Japanese Preprint Calls For mRNA VaccinesTo Be Suspended Over Blood Bank Contamination Concerns.
• FBI Tells Passengers On Blown-Out-Door-Plug Flight They May Be 'Victim Of A Crime'.
• Michigan Man Sues To See Election Records After His Freedom Of Information Requests Were Denied.

Wall Street Journal:

• A Brazen Yogurt Heist Shows How Cyber Gangs Are Hijacking U.S. Goods.
• The $27 Trillion Treasury Market Is Only Getting Bigger.
• Netflix’s Co-CEOs Are Nothing Alike. That’s a Good Thing.
• Big Tech’s Latest Obsession Is Finding Enough Energy.
• ESG Investing Might Never Recover.

CNBC:

• Amgen wants in on the booming weight loss drug market — and it’s taking a different approach.
• Nvidia’s AI ambitions in medicine and health care are becoming clear.
• Former Justice Stephen Breyer: It’s ‘possible’ Dobbs could be overruled one day.

Reuters:

• China told it faces 'fork in the road' as officials meet CEOs.
• China blocks use of Intel and AMD chips in government computers, FT reports.
• Wall St Week Ahead Broadening US market rally gets boost from dovish Fed.

MarketWatch.com:

• Why a Fed rate cut in June is not yet a done deal.
• Nvidia’s stock racks up new records. Why bulls say the party can keep going.

NewsMax:

• NYC Mayor Adams Cancels Border Trip: Too Dangerous.
• Bolton: Biden Cease-Fire Resolution 'Detrimental to Israel'.

Fox News:

• WATCH: Harris claps to protest song in Puerto Rico, unaware it's a jab directed at her.
• Putin fires back with scathing response to US warning about imminent terror attack.

TheGatewayPundit.com:

• Liberal state declares war on small farmers and homesteaders: War on food is spreading in U.S. through land-use restrictions, geoengineering and waves of propaganda.
• RINO Lisa Murkowski Threatens to Leave GOP Over Trump: ‘I’m Very Independent Minded’.
• CNN’s Dana Bash Dumbfounded by Trump’s Significant Polling Lead Over Biden in Michigan: ‘The World is Upside Down’ (VIDEO).
• Macron Is Crushed Again in Senate Vote as EU-Canada Trade Agreement Is Rejected, in Victory for Farmers.
• Marco Rubio Stuns ABC’s Jonathan Karl and Leaves Him Stuttering Like a Fool After Eviscerating Joe Biden’s Policy Failures While Also Defending President Trump (VIDEO). 
• Democrats Even Cheat on Each Other: Chicago Announces Existence of 10,000 More Mail-In Ballots that Were “Mistakenly” Not Mentioned Until Now in Cook County State’s Attorney Race (VIDEO).
• WATCH: Illegal Alien Lists All the Things New York City is Giving Him for FREE — and it’s Shocking.
• French Gov’t Report Declares Child Sex Changes Could Be ‘Greatest Ethical Scandal in Medical History’.
• “There’s More on This” – Kash Patel Warns Liz Cheney and Her J6 Committee Lackeys that More is Coming to Expose their Lies to the American Public (VIDEO) (VIDEO) More From Rep. Marjorie Taylor Greene on Her Motion to Vacate the Chair and Remove Speaker Mike Johnson After Disastrous Spending Bill Passage: ‘There’s a Lot of Support for a Motion to Vacate in The Conference’.
• Transgender Inmate Who Murdered His Parents Caught Having Sex With Female Inmate After He Was Moved to Women’s Prison.
• Trump Campaign Releases Absolutely BRILLIANT Campaign Video on Biden’s Border Lies – Starring Joe Biden and Kamala (VIDEO).
• Wisconsin Investigators Allege Illegal Aliens Are Flooding the Voter Rolls in Swing States.
• Small Town in Maryland Suspends Entire Police Force and Residents Have No Idea Why.
• Poll Finds Most Americans Are Worried About Violence After the 2024 Election.
• Senator Amy Klobuchar Gets ROASTED on Twitter/X for Obnoxious Comment About Passage of Massive Spending Package.
• NYC Mayor Eric Adams Cancels Trip to Southern Border, Claims It Is Too Unsafe.
• LeBron James Reportedly Concerned as Squatters Move In Down the Street from Him.

The Epoch Times:

• Local Government Debt in China Soars to Crisis Levels.

X:

• @elonmusk 

• Your home is no longer your home in many states. (pic)

• @WideAwakeMedia

• Dr. Meryl Nass explains how the WHO Pandemic Agreement will enable the WHO "to take over jurisdiction of everything in the world by saying that climate change, animals, plants, water systems [and] ecosystems are all central to health". In addition to that, it will remove human rights protections, enforce censorship and digital passports, require governments to push a single "official" narrative, and enable the WHO to declare "pandemics" on a whim. "We're undergoing a soft coup... under the pretext of pandemic preparedness and the biosecurity agenda." (video)
• Geologist, Prof. Ian Plimer, demolishes the "man-made global warming" scam, in just over a minute: "No one has yet shown that human emissions of carbon dioxide drive global warming, and if they did, they'd also have to show that the natural emissions—and that's 97% of the total—don't drive global warming." (video)
• "It is an obviously dangerous experiment." Energy expert, Alex Epstein, on the reckless and insane nature of Net Zero: "People think it's reckless to increase the amount of CO2 in the atmosphere from 0.03% to 0.04%. That's not reckless—the world has had 15 times more CO2 and life thrived... It is totally reckless and unprecedented to de-fuel a fossil-fuelled world, that 8 billion people depend on, without a replacement." (video)
• A perfect one minute summary the World Economic Forum's 'Great Reset' agenda, aired on Fox News: (video) 
• Prince Philip: The growing human population is the biggest challenge to conservation. Interviewer: "And do you have views about what should be done about that?" Prince Philip: "Can't you guess?" Remember, this is the man who said—in a 1988 interview with Deutsche Presse-Agentur: "In the event that I am reincarnated, I would like to return as a deadly virus, to contribute something to solving overpopulation." He also told People Magazine: "Human population growth is probably the single most serious long-term threat to survival. (video)

• @CitizenFreePres
  

• CNN can't hide the truth: "The decline in support for Joe Biden among voters of color in Michigan is something we’ve been seeing in state after state after state.” (video)
  

• @KobeissiLetter

• The US House just passed a $1.2 TRILLION spending bill in just another day at the office: At the current pace, the US deficit for this fiscal year will cross $3 trillion, nearly double the $1.6 trillion deficit that Congress estimated. Deficit spending is on track to hit nearly 28% of GDP by 2050. Meanwhile, Federal revenue will be just ~19% as US debt levels are skyrocketing. Over the last 100 days, total US debt is up a whopping $1 trillion, an average of $10 billion per day. We will likely see US debt hit $36 trillion this year. The spending spree continues.

• @ToscaAusten

• Someone is buying off Republicans to leave their seats to chisel away their majority. Members are not suddenly leaving on their own accord. You can smell the dirty tricks playing out in the House. It’s the next phase to oust a potential President Trump with a Democrat controlled House, senate, and the 14th amendment as shield and sword to keep an “insurrectionist” off the ballot. The bad news for Republicans is that Gallagher is deliberately exiting when it's too late to have a quick vote to replace him. So his seat will be empty, a loss for Republicans. (video)

• @TuckerCarlson

• Ep. 83 The Biden administration is trying to send an 82-year veteran to prison for life for the crime of repeating ‘Russian misinformation.’ The scariest, most important criminal case you’ve probably never heard of. (video)

• @WallStreetApes

• Are American Troops About To Be Sent To War? NEW 3/2024: “Army ALARACT” Recall Of Retirees Messages Sent Out (UTILIZATION OF THE ARMY RETIREE RECALL PROGRAM) “I had to look it up myself. Bro, they're actually serious. That's crazy. — now they're calling about the retirees? Oh my god.” (video)
• While You’re Getting Crushed By Inflation & Skyrocketing Cost Of Living, American Government Is Spending Hundreds Of Thousands Getting Fish Drunk, A Million Giving Birds Cocaine & More. (video)
• Turns Out The Government Isn’t Just After Raw Milk. Farmer Says Oregon Is “Going After Small Farmers Selling Food To Their Neighbors”. Women operating farm for 7 years gets notice she can no longer operate without a water right: “Permitting processes to use your own well water”. Oregon also sending out cease & desist orders on watering your own gardens “Gardeners with a half acre of land are now receiving cease and desist orders saying you can't water your gardens” (without a water right). (video)

• @WesternLensman

• WATCH: The Democrat Open Borders Plan to Entrench Single-Party Rule | Explained in Under Two Minutes. (video)

• @TheChiefNerd

• Joe Rogan & Dave Attell on Illegal Migrants Squatting in the Homes of Americans: ‘That Is Bananas’ . “The lady got arrested for changing the locks on her own home. They’re also saying in New York if you are in a house for 30 days, you legally become a tenant…You’re basically allowing people to steal people’s houses.” (video)

• @RepMattGaetz

• The Biden DOJ’s plan for a federal Red Flag Center is a direct threat to the Second Amendment and liberty as we know it. They’re going to use it to target law-abiding Americans and veterans. Members of Congress who voted for the Swamp’s Omnibus this week are responsible for funding it.

• @drawandstrike

• Last Time They Could FAKE Their Polls To Show Biden Being More Popular Than Trump. This time, the brutal reality is forcing them into admissions they don’t want to make. Those national polls played a significant role in The Deep State selling the stolen election story in 2020. Somehow I don't think they are going to have such an easy time in 2024. It could be that they can't hide just how much support Trump has.

• @WallStreetSilv

• Upset New Yorker speaks about the illegal migrant crisis: "Take care of your citizens before the 400,000 people you got from South America". "You still got native Americans who are asking for help". "And mind you, the lost their country". "But now you are worried about people from Venezuela who got hotels in Times Square?" "How dare you". (video) 
• "15-Minute cities is something that the WEF has created called C40" "If you want food you will get a calorie controlled system sent to you by text saying 'this is what you can eat today'". "If you violate any of these things they WILL freeze your bank account". "We are going to be in an open prison". "That is the NEXT step". "We will not be able to work unless it's in our 15-minute city". Candidate for Mayor of London: (video)
• KATE MIDDLETON IS NOT THE ONLY ONE WHO GOT TURBOCANCER POST BOOSTERS: "As an Oncologist I Am Seeing People With Stable Cancer Rapidly Relapse After a C19 Booster" Angus Dalgleish, Professor of Oncology at St. Georges Hospital Medical School London. (video)
  

• @LauraLoomer

• SCOOP: Mark Zuckerberg is avoiding paying taxes on his new $300 MILLION mega yacht that he bought for Himself as a birthday gift, which is is currently docked in Fort Lauderdale with a foreign flag, which I have just identified as the flag of the Marshall Islands. His yacht was originally being built for a Russian oligarch and then Zuckerberg bought it because it was sanctioned. (pic)

• @BGatesIsaPsycho

• Meanwhile in Mexico Fires are spreading throughout the Atizapan de Zarogoza region. Current cause/origins unknown……. (video)
• “This is actually Bill Gates funding it through Harvard University”. “We have to risk our entire Planet with this insane kind of research”. Listen to Fox News Segment cover Geo-Engineering Technology & plans to block the sun using stratospheric aerosols dispersed from planes. Just another crazy conspiracy though right? Couldn’t already be happening everywhere already could it? (video)
• Tennessee Supreme Court This Week Voted to BAN Geo-Engineering in their State. “The have different planes that go to different heights in the Stratosphere”. Listen to evidence presented & organisations listed. (video)
  

• @ConceptualJames

• The WHO is a bogus, discredited, activist organization. It must not be given any authority in the upcoming Pandemic Accords. (pic)
  

• @LibsofTiktok

• Wow. Planet Fitness is now quadrupling down on defending men in women’s locker rooms. They reportedly assigned a staffer specifically to accompany this man so he can safely and comfortably enter the women’s locker room. They’re putting a mentally ill man’s delusions before women’s safety. (pic)
  

• @WendyP4545

• This national research center will be a place where liberals can retrain and reprogram law enforcement to use red flag laws against the citizens who don't obey us. There translated. (video)

• @EmeraldRobinson
  

• The early retirements of Ken Buck and Mike Gallagher are part of a scheme by the uniparty cabal to stop Trump from winning the 2024 election. How? They want to flip the House blue in time to nullify the electoral vote via the 14th Amendment.

OpenVAERS: 

• VAERS US COVID Vaccine Adverse Event Reports. 1,007,636 Reports(+4,460 from prior report) Through February 23th, 2024.

SKirsch.com:

• Using the MGH numbers with our own VAERS queries, we have 247 cases per million doses from the MGH study divided by 5.97 cases per million doses from VAERS. 247/5.97 = 41. This suggests that the VAERS under-reporting factor (URF) is 41X.

Night Trading

• Asian indices are -.25% to +.75% on average.
• Asia Ex-Japan Investment Grade CDS Index 103.0 +1.25 basis points.
  
• China Sovereign CDS 70.25 +3.25 basis points.
• China Iron Ore Spot 108.3 USD/Metric Tonne +.1%.
  
• Bloomberg Emerging Markets Currency Index 39.7 -.01%
• Bloomberg Global Risk-On/Risk Off Index 69.1 +1.2%.
• Volatility Index(VIX) futures 14.5 -.2%. 
• Euro Stoxx 50 futures n/a.
• S&P 500 futures +.01%.
• NASDAQ 100 futures +.10%.

Morning Preview Links

BOTTOM LINE: Asian indices are mostly higher, boosted by industrial and technology shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher.  The Portfolio is 75% net long heading into the week.