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    Daily Digest 4/17 – Doctors Battle Drug-Resistant Typhoid Outbreak, The End Of Reality

    by DailyDigest

    Tuesday, April 17, 2018, 1:42 PM

Economy

Morgan Stanley Warns Markets the Best Times May Be Near an End (jdargis)

“We advocate a focus on sector and stock-specific alpha as these late-cycle dynamics portend narrowing markets and a cyclical top for equities later this year, in our view,” the strategists said. “In Treasuries, we see the curve continuing to flatten on Fed hikes, and yield downside as the year progresses and the economic outlook becomes more mixed.”

The End Of Reality (jdargis)

Scandalous behavior stirs mass outrage most reliably when it is “caught on tape.” Such video has played a decisive role in shaping the past two U.S. presidential elections. In 2012, a bartender at a Florida fund-raiser for Mitt Romney surreptitiously hit record on his camera while the candidate denounced “47 percent” of Americans—Obama supporters all—as enfeebled dependents of the federal government. A strong case can be made that this furtively captured clip doomed his chance of becoming president. The remarks almost certainly would not have registered with such force if they’d merely been scribbled down and written up by a reporter. The video—with its indirect camera angle and clink of ambient cutlery and waiters passing by with folded napkins—was far more potent. All of its trappings testified to its unassailable origins.

Google works out a fascinating, slightly scary way for AI to isolate voices in a crowd (jdargis)

According to the blog post, the researchers developed this model by gathering 100,000 videos of “lectures and talks” on YouTube, extracting nearly 2,000 hours worth of segments from those videos featuring unobstructed speech, then mixing that audio to create a “synthetic cocktail party” with artificial background noise added.

Two American Power Centers Are About to Clash (tmn)

The D.C. area is the center of legalistic thinking, which is increasingly important with the growth of government and the regulatory state. Lawyers and policy-makers are our engineers for incentives, so to speak, even if they don’t always get it right. Their efforts are backed by an array of economic, legal, political, public opinion and bureaucratic expertise that is without parallel in history. If, for instance, you talk to the specialist at the Treasury Department on accelerated tax depreciation, that individual will be impressive, even though his or her final output may be filtered through some very unimpressive political constraints.

‘We’re Out of Options’: Doctors Battle Drug-Resistant Typhoid Outbreak (jdargis)

The outbreak’s origins were clear: Early case mapping revealed large clusters of victims around sewage lines in the city of Hyderabad. Dr. Hasan’s colleagues visited the region and found water sources that could be contaminated by leaking sewage pipes.

New Sanctions On Russia Could Lift Oil Prices Further (Michael S.)

Speaking on “face the Nation” on CBS, Haley said “Secretary Mnuchin will be announcing those on Monday if he hasn’t already and they will go directly to any sort of companies that were dealing with equipment related to Assad and chemical weapons use. And so I think everyone is going to feel it at this point. I think everyone knows that we sent a strong message and our hope is that they listen to it.”

I’m a Flint resident. I’m done paying for water that is not safe. (tmn)

I decided to stay overnight with an aunt in an affluent, majority-white suburb outside Flint, with plans to call the water department in the morning to raise some hell for an earlier reconnection date. The next morning, I filled a glass of water from her kitchen sink and drank greedily. I brushed my teeth with water straight from the faucet. (At home, I keep a glass of filtered water on the bathroom sink for that.) When I showered, the water was soft, and my soap lathered quickly. My skin felt smooth in a way to which I was not accustomed. My aunt reminded me I could come by anytime I wanted a nice long bath or to wash my hair.

Only three caribou left in South Selkirks herd (Uncletommy)

“We’ve know for decades that logging, road-building and uncontrolled recreation in mountain caribou habitat is slowly killing off our caribou herds,” said Eddie Petryshen, Wildsight’s Conservation Coordinator. “Protecting intact habitat in our mountain rainforest ecosystems is the only way to give our southern caribou herds a chance to survive, but our federal and provincial governments have been dragging their feet for years, ignoring the ongoing destruction of mountain caribou habitat.”

Gold & Silver

Click to read the PM Daily Market Commentary: 4/16/18

Provided daily by the Peak Prosperity Gold & Silver Group

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