Fixing The 5 Percent (jdargis)
The program that has helped Rizzuto is part of a nationwide movement to improve care for people struggling with very complicated medical needs—so-called super-users—the 5 percent of patients who account for about half of the country’s health-care spending. (Surgeon and New Yorker writer Atul Gawande outlined the problem and one solution in a definitive 2011 piece about the Camden Coalition of Healthcare Providers.) Some of these super-user programs say they provide cost savings of as much as 20 to 40 percent after a few years, as well as provide the kind of advantages offered to Rizzuto: fewer stressful hospital visits, better mental and physical health, and the satisfaction of being treated like a person instead of a package of problems.
The rollout of the measures, which follows a U.S. Supreme Court decision Monday allowing parts of an executive order to proceed, is being led by the State Department. The timing is aimed at giving embassies and consulates sufficient direction on how to implement the protocol before it comes into effect, according to the person, who asked not to be identified because the move hasn’t been formally announced.
“It’s everything,” Peter stated soberly. “This group is nervous about a reversal in the stock market, but also the bond market, the real estate market, the dollar, inflation—you name it. Most everything is stretched.”
Here’s what “everything” looks like…
China’s 4 Horsemen of the Stock Market Apocalypse (Tiffany D.)
The rise of popular large-cap emerging market indexes such as EEM, up 50% in the past 18 months, or the iShares MSCI China Index ETF (Nasdaq: MCHI), up nearly 60% in the same time frame, has been dominated by a quartet of highly popular homegrown Chinese tech companies.
The industry is counting on President Donald Trump to soften that oversight by appointing more business-friendly board members to the Fed, shifting the balance of power from regulators to shareholders. Earlier this month, Treasury Secretary Steven Mnuchin recommended that stress tests be performed every other year and that banks maintaining a sufficiently high level of capital be exempt from exams.
The Coming Battery Bonanza (Kevin J.)
Auto sales in the US and Europe exceed 30 million and forecasts are that 20% of cars sold will be electric vehicles by 2025. This would require over 350 GwH produced a year by battery. By 2030 the annual sales of electric vehicles could be around 21 million, with an estimated 70-80-million electric vehicles on the road worldwide. Incidentally, China's goal is to have 5-million electric cars by 2020, with each electric vehicle also needing around three times more copper than a regular car. China expects to need 50,000 tons more copper annually for these electric vehicles.
$30 Oil Could Spark Contagion In Energy Markets (Michael K.)
For now, the recent gains in oil prices from the ten-month lows hit last week could ease concerns. But if oil traders are just taking a breather before another downturn, then there could be trouble ahead for the high-yield market. The pain suffered by sub-investment grade energy companies could bleed over into broader junk bonds. “Oil weakness to this point is problematic directly to energy valuations but is not yet a cause for credit-loss concerns in energy or the broader high-yield market,” Deutsche Bank analysts said in a recent research note. “We are getting closer to the point where this narrative could begin to change.”
The Benefits And Costs Of Agriculture (Eric G.)
In this episode of A Worldview Apart I explore some of the drawbacks of agriculture, focusing particularly on those that relate to human health. I talk about evidence of physical degeneration seen in relatively modern non-agricultural peoples when they transitioned to diets composed of agricultural food, and review some evidence from paleoarcheology that suggests ancient peoples in various parts of the world suffered from physical degeneration as they transitioned from non-agricultural to agricultural lifeways. I also talk about Dr. Weston A. Price, the dentist who coined the term physical degeneration, and about the benefits of a diverse, nutrient-dense diet.
Gold & Silver
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