Ohio State sophomore infielder Conner Pohl (39) takes a swing at a pitch in the fourth inning of the game against Ohio University in April 10. Ohio State won 4-0. Credit: Jack Westerheide | Photo EditorThe final game of the midweek series between Ohio State and Campbell on Wednesday afternoon started eerily similar to the first game on Tuesday. With sophomore right-handed pitcher Jake Vance on the mound, the second straight game with an underclassman starting pitcher, the Buckeyes allowed Campbell to score early, with three runs in the first three innings.But, despite a comeback attempt with a three-run eighth inning, junior right-handed pitcher Ryan Feltner allowed five runs in the ninth, giving up a grand slam to second baseman Christian Jones, with Ohio State (31-16, 11-7) dropping the second game to Campbell (27-20, 17-4) 13-8 on Wednesday. With Feltner coming in for his first relief appearance of the season, Ohio State head coach Greg Beals said the usual starting pitcher, who had started 12 games this season for the Buckeyes, held their best shot to continue the momentum his team put up in the bottom of the eighth. “We scored the runs to get within two and I felt like, ‘Man, let’s bring Feltner in there and put another zero up and give ourselves a really good shot here in the ninth inning,’” Beals said. “That certainly didn’t work out.” Beals said the 6-foot-4, 195-pound pitcher was overthrowing, uncorking two wild pitches and hitting two batters, and not pitching for location in his 0.1 innings of work. He walked one batter and gave up two hits.The Buckeyes came in with more of an aggressive approach offensively. After walking 12 times in Tuesday’s contest, Ohio State walked five times and recorded 11 hits, but left seven runners on base. Sophomore third baseman Connor Pohl, who had three hits in five at-bats including a two-run home run, said he saw Campbell pitchers attack the Ohio State offense more. “Yesterday, they were really going away, away, away for me, going fastball away and curveball down and away,” Pohl said. “Today, they were trying to go inside a little bit too, so they were trying to attack hitters more.” On the mound, the Ohio State pitching staff struggled with control. With six walks, including four walks by Vance, the Buckeyes hit eight Fighting Camel batters, the most the staff has hit in a single game this season. Command issues were widespread among Ohio State’s pitchers in Wednesday’s loss. “They didn’t command the baseball, 14 free bases” Beals said. “I don’t know if there’s any explanation for it mechanically because it was not just one guy, it was everybody. I don’t know if the wind blowing out, they are trying to be too fine, trying to do too much with the ball, not trusting their stuff.” Vance could not get a groove going in his start, allowing his fourth home run of the season in the first inning. He left after three innings of work, giving up three earned runs on three hits. Unlike Tuesday in which the Ohio State bullpen saved the game with seven scoreless innings, Thomas Waning and Curtiss Irving did not have the same success. Both pitchers combined to give up five earned runs on six hits in four innings. With a three-run deficit in the fourth inning, sophomore left fielder Tyler Cowles hit his fifth home run of the season, cutting Campbell’s lead down to two. He finished the day with two hits in five at-bats, adding on a double and a run in the sixth inning. Stopping play due to a 35-minute lightning delay, the Ohio State offense showed a little bit of life in the eighth inning, loading the bases with one out. The Buckeyes scored three runs to bring the game to within two runs. Even with the two-run home run in the ninth inning, the deficit for Ohio State proved to be too much, falling to the Fighting Camels by five runs. The Buckeyes will begin a three-game series with Purdue at Bill Davis Stadium at 6:35 p.m. Friday.
Brazil is heading for disaster… Brazil is the world’s eighth biggest economy and the fifth most populated country. It’s the “B” in “BRICS,” Wall Street’s acronym for big emerging markets with huge growth potential. Russia, India, China, and South Africa are the other four BRICS. Brazil’s economy grew rapidly from 2000 to 2010. Wall Street expected Brazil to keep growing fast and to make a lot of money for investors. Instead, it has fallen into its worst economic downturn since the 1930s… Brazil’s economy shrunk by 3.7% last year. Economists expect it to shrink another 3% this year. For comparison, the U.S. economy only shrunk 0.9% in 2008 during its worst financial crisis since the Great Depression. Bloomberg Business reports that this would be Brazil’s “deepest back-to-back recession on record, according to data from national economic research institute [IPEA] dating back to 1901.” • Crashing commodity prices have slammed Brazil… Commodities account for about half of Brazil’s exports. Its top three exports are oil, soybeans, and iron ore, the key ingredient in steel. All three commodities are trading at their lowest prices in years. Brazil’s political situation is also a mess. The current president of Brazil, Dilma Rousseff, is a socialist. Since taking over in 2011, she has wrecked Brazil’s finances. She took Brazil from a 2.3% government surplus in 2011 to a 0.6% deficit by 2014. • Brazil’s currency, the real, has plunged 40% against the U.S. dollar in the last two years… And Brazil’s stock market has collapsed. The iShares MSCI Brazil Index Fund ETF (EWZ), which tracks Brazilian stocks, has plummeted 51% in the last year. Brazil’s annual inflation rate has jumped to 10.7%, its highest level in 12 years. The country’s unemployment rate is 9% and rising. It was just 6.6% last year. • On Monday, Business Insider published a front page story titled “Things are so bad in Brazil they had to cancel Carnival”… Carnival is Brazil’s most famous holiday. The five-day celebration attracts more than a million tourists every February. Financial Times reported two weeks ago: Towns and cities across Brazil are being forced to scrap the annual carnival parade as the country is braced for what is expected to be the worst recession since at least the 1930s. Campinas, home to 3m people in São Paulo state, is among the cities that has been forced to rein in the festivities… [T]he local government could not afford this year’s carnival bill of R$1.3m ($322,000) due to a sharp drop in sales tax revenues from struggling local businesses… Macapá, capital of the northern state of Amapá, and Lavras do Sul in the south have also put festivities on hold, with more municipalities expected to follow suit in the next couple of weeks. • At Casey Research, we look for bargains in crisis markets… Casey Research founder Doug Casey literally wrote the book on investing in crisis markets. Doug’s New York Times best-selling book, Crisis Investing, teaches readers how to make money buying dirt-cheap assets in bombed-out countries. Nick Giambruno uses this strategy in Crisis Investing. Nick looks for markets at the “point of maximum pessimism.” When a country is in crisis and everyone is selling, Nick looks to buy. That’s when you can buy a dollar’s worth of assets for a dime or less. According to Nick, “a crisis is the only time you can be sure to get assets at bargain prices. It’s one of the world’s great wealth secrets.” Nick travelled to the European island of Cyprus soon after a banking crisis there in 2013. The Cyprus stock market was down 99%. Nick recommended buying high-quality businesses that were trading at absurdly low prices. His readers made gains of 97%, 172%, and 214% in less than two years. — – Recommended Links Regards, Justin Spittler Delray Beach, Florida January 27, 2016 We want to hear from you. If you have a question or comment, please send it to [email protected] We read every email that comes in, and we’ll publish comments, questions, and answers that we think other readers will find useful. • Nick has been watching the crisis in Brazil… In October, Nick told his readers about a Brazilian company that should continue to make money even as Brazil’s economic crisis gets worse. This stock is already a bargain…but Nick thinks it will get even cheaper. Nick explained in January’s issue of Crisis Investing. It’s not time to jump in quite yet. First, we need a catalyst that thrusts Brazil onto the front pages of First World newspapers… something that gets Wall Street to say, “Sell anything Brazilian.” Something that flushes out the remaining foreign investors there. Something that will have the same psychological effect of shouting “Fire!” in a crowded movie theater. Brazil has had five currency crises over the past 100 years. Nick says it’s due for another one. He doesn’t think a few canceled Carnival parades is the “headline moment” he’s waiting on. But that moment is getting close… Yesterday, Nick gave a “Buy Under” price for his top Brazilian stock. Nick likes the company at its current price, but he thinks it will get even cheaper. If Brazil continues to unravel like Nick expects, his readers will get a chance to buy this company at a deep discount and lock in a 6% dividend. You can get in on Nick’s Brazil play by signing up for a risk-free trial of Crisis Investing. Click here to learn more. • E.B. Tucker, editor of The Casey Report, is in Brazil right now… E.B. went to São Paulo, Brazil’s financial capital, to get a boots-on-the-ground perspective on Brazil’s struggling economy. E.B. says things are bad in Brazil, but life goes on… I’m in São Paulo today and will be in Rio this weekend. I can tell you for certain they’re not canceling Carnival. This would be like saying North Dakota isn’t celebrating Christmas because the town of Williston, the heart of North Dakota’s oil country, canceled its town nativity scene. Brazil’s more than 200 million residents will celebrate Carnival as usual next month. Some small towns will cancel parades or scale back the level of city support for the celebration…but the show will go on. Major recessions are the norm for Brazil. As we mentioned, the country has had five currency crises in the last hundred years. E.B. thinks Brazil will recover… Brazil is suffering. Inflation is in the double-digits. The debt markets aren’t receptive. These things happen during a recession…but that doesn’t mean it’s in a crisis. Brazil has been here before and they’ll make it out again. I think stronger in the end. I’m digging deep into the situation in Brazil right now. I’ll have much more to say in an upcoming issue of The Casey Report. We’re going to take advantage of Brazil’s recession. Several truly world class businesses now trade at discount prices. You can read E.B.’s boots-on-the-ground take on Brazil by signing up for a risk-free trial of The Casey Report. Chart of the Day Brazil’s currency has hit an all-time low… Today’s chart shows the performance of the Brazilian real versus the U.S. dollar. The real hit a record low against the U.S. dollar in September…and kept falling. That’s bad news for Brazilians who earn a living in reais. But it’s great news for Americans who visit Brazil, as E.B. points out. I’m living like a king down here since the Brazilian currency, the real, is so weak against the dollar. I got 4.12 reais for every dollar I exchanged last weekend. In 2011, the real was much stronger…1.6 to 1 against the dollar. 4.12 is weak but it might not be weak enough. I bet the real will be even weaker if I come back after the Summer Olympics. A weak real also makes it cheaper for Americans to buy Brazilian stocks. That’s one reason why two of Casey’s top analysts, E.B. Tucker and Nick Giambruno, are focused on opportunities in Brazil right now. New law cracks down on right to use cash The U.S. government is trying to restrict your access to cash. But not for the reason you think… According to leaked evidence it’s much, much worse. CASEY: How to prepare for when money dies There’s one asset you can own (now widely available in America) that will help protect you and your family from this chaos. Click here to learn more.