
Surged last week by the most since late March – up 181K to 965K in the week ended January 9.
Unadjusted, the total is up 1.15 million.
Caught analysts by surprise – nobody saw the claim uptick coming.

Surged last week by the most since late March – up 181K to 965K in the week ended January 9.
Unadjusted, the total is up 1.15 million.
Caught analysts by surprise – nobody saw the claim uptick coming.

“Don’t you see that the whole aim of Newspeak is to narrow the range of thought? In the end we shall make thoughtcrime literally impossible, because there will be no words in which to express it.”
George Orwell, “1984”

Vaccines developed by Pfizer/BioNTech and Moderna are the marquee developments of RNA technology that can potentially immunization programs targeting HIV, malaria, influenza and other viral pathogens.
RNA vaccines employ a messenger RNA (mRNA) that encodes the full-length SARS-CoV-2 spike protein. Upon injection into a vaccine recipient, the mRNA enters cells and is translated by the host protein synthesis machinery into the SARS-CoV-2 spike protein.
The vaccines teach the body to recognize and destroy disease-causing agents. In contrast to traditional vaccines (weakened pathogens or antigens – fragments of the proteins or sugars on their surfaces), RNA vaccines carry only the directions for producing these invaders’ proteins. Not the pathogen or fragments.
RNA vaccines produce the antigens, essentially turning the body into its own inoculation factory.
Results of the first successful translations of foreign mRNA in mammals was published in 1990, and this technology has been refined ever since.
RNA stability has been a concern but shown to be remedied through enhanced delivery methods.
Sanofi Pasteur first used RNA to encode an influenza antigen in mice. The RNA produced an immunogenic response, but the lipid delivery system that the team employed was too toxic to use in people. A decade would pass before companies discovered the LNP technologies that would make today’s COVID-19 vaccines possible (see Geall et al. (2012)).
In 2012, the US Defense Advanced Research Projects Agency (DARPA) began funding groups at Novartis, Pfizer, AstraZeneca, Sanofi Pasteur and elsewhere to work on RNA-encoded vaccines and therapeutics. CureVac and Moderna built on that initial work.
References

Your money is worth less by the amount the Fed expected.
Per ZeroHedge:
The final print actually matched expectations, rising 0.4% MoM (vs +0.2% MoM in November) pushingthe YoY print for the headline CPI up to +1.4%. This is the seventh straight rise in consumer prices.
But, when you get into the details, it’s looking ugly on a day-day basis – like food and energy.


It just gets funnier and funnier.
SIGH!
That said, here’s Jonathan Turley on the absurdity that is the Socialist Party and their War Party allies in Congress:
While there are good faith reasons for calling for impeachment, there remain serious questions over the speed and basis for the impeachment. My concern is primarily over the use of a snap impeachment without even a hearing to discuss the implications of this action. That makes the House managers even more important in bringing credibility to this effort. This is putting politics ahead of the institution in my view.
Turley may see “good faith reasons” but maybe he is just too naive for his own good.
We all know what this is.
And we have long memories.
But, hey, we can also enjoy a great joke when we hear one.

Investor confidence in China Fortune Land Development Co. Ltd. is tumbling as concerns grow about its debt repayment abilities just as Beijing steps up efforts to cut risk in the real estate sector.
The mid-sized developer’s dollar bonds fell to record lows earlier Tuesday, with some rebounding but a note due 2024 still down at 49.8 cents on the dollar at 5:23 p.m. Hong Kong time, Bloomberg-compiled prices show. The bond was quoted at around 86 cents at the end of last year. The firm’s onshore bonds also slumped, with one due December 2025 down 58% at 43 yuan.
Losing 3.2% Tuesday, the developer’s shares have sunk 48% in the past 12 months, making it the worst performer on the CSI 300 Index.

Greenwald:
“If one were looking for evidence to demonstrate that these tech behemoths are, in fact, monopolies that engage in anti-competitive behavior in violation of antitrust laws, and will obliterate any attempt to compete with them in the marketplace, it would be difficult to imagine anything more compelling than how they just used their unconstrained power to utterly destroy a rising competitor.”
Ukraine where oligarchs buy off US Democrat political princes? Or the US where oligarchs buy off Democrat political princes?
Hard to tell the difference.
Stephen Karganovic doesn’t see much difference:
In the short-term, after January 20th, the complete gutting of the Second Amendment will undoubtedly be their emergency reflex response; but whether that will be sufficient to restore obedience remains to be seen.
But more fundamentally, beyond mere discontent, and in spite of the greatest coordinated news blackout ever seen, the unhappy masses, some intuitively and some empirically, through the still unrepressed alternative sources, have now grasped the shocking magnitude of the fraud played on them. One of the basic props of the engineered consent upon which public order and social stability have rested for decades, the naïve belief in the democratic essence of the system, was foolishly overturned on November 3rd, and it was done precisely by those who should have been the most interested in keeping it intact. The schism that shattered faith will engender is bound to have incalculable consequences.
But the sacrilegious mob incursion into the hallowed precincts of the Congress definitely was not one of those consequences, the carefully contrived appearances notwithstanding. It was a classical false flag operation, an American adaptation of the standard color revolution playbook that previously had been successfully applied elsewhere in numerous regime change situations.
False flag? Incompetent security? Provocateurs? Simply a bunch of rowdies who did no more damage than a college frat party?
But for the trigger-happy Capitol police who gunned-down an Air Force vet.
Or all of the above?
We’ve seen the videos run in a continuous loop with some protesters jostling with Capitol Police. Reminiscent of Don Cherry’s “Rock ’em, Sock ’em Hockey” reels in a continous loop at Halftime Pizza across from the Garden before a Boston Bruins game.
Then there are the photos our “out of control” demonstrators politely remaining within the rope after being admitted by the Capitol Police – snapping pictures and selfies with the cops.

Read and decide for yourself: https://www.strategic-culture.org/news/2021/01/10/lights-out-for-the-city-on-the-hill/

Dr. Bieniasz (Professor and Investigator of the Howard Hughes Medical Institute at Rockefeller University) opines on how to rendeer SARS-CoV-2 vaccines impotent.
“As viruses go, SARS-CoV-2, is quite easy to neutralize with antibodies and, it turns out, straightforward to generate effective vaccines based on the spike protein. Perhaps, even probably, those two properties are causally related. Moreover, it appears that it is quite hard (albeit not impossible) to generate resistant spike variants that evade the polyclonal antibody responses elicited by said vaccines. This is all excellent news.”
If SARS-CoV-2 is anthropogenic (“cooked”), it might explain that very unusual and notorious spike protein.
Certainly, the virus is remarkably stable – another potential marker for anthropogenic: if you’re cooking a genome for research purposes, you need some basic controls – like designed to NOT evolve quickly.
So, a nefarious strategy would be aimed at assisting the virus explore as much genetic diversity as possible, generating every conceivable point mutation as frequently as possible.
Here are his first “Big 4”:
That strategy might get you the desireable large and diverse viral populations.
Next up – strategies where selection enriches antibody resistance mutations.
Here’s where the health care system can be harnessed:
Of course, no one knows whether that strategy might work.
For next week’s “Black Hat” analysis, we’ll look into gain-of-function.
https://www.virology.ws/2021/01/05/musings-of-an-anonymous-pissed-off-virologist/

Per MarketWatch, Michael Burry of “The Big Short” fame is back and all-in on a TSLA short.
As of January 11, 2021, Tesla is now trading at about 29x sales.
Burry observed that showed the company’s sale of regulatory credits was necessary for profitability. He also pointed out the company’s flat revenues and Tesla’s “inferior lithium iron phosphate tech” while appending the Tweet with the hashtag #bubbles.
$TSLA: @FT #BigRead – sales of green regulatory credits necessary for “profitability.” Flat revs as tax credits wane/ deliveries stagnate. Inferior lithium iron phosphate tech behind #millionmilebattery means lower energy density/reduced range. #bubbles https://t.co/Z5XlzzEsJj pic.twitter.com/8wH1o6PJrM
— Michael Burry, M.D. (@michaeljburry) September 22, 2020
Even today – even AFTER being ~7% from its peak – TSLA is now at the “bargain-basement” P/E of 1852.