Month: October 2020

Apple now has $191.83 billion in cash on hand — down nearly 7% from a year ago

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https://www.cnbc.com/2020/10/29/apple-q4-cash-hoard-heres-how-much-apple-has-on-hand.html Apple now has $191.83 billion cash on hand, according to the company’s fiscal fourth-quarter earnings report released Thursday. Google and Amazon had $121.08 billion and $71.77 billion, respectively, at the end of the second quarter, according to FactSet. Microsoft had $137.98 billion at the end of its fiscal first quarter, according to FactSet. Microsoft’s … Read more

MAYBE LETTING THE ENEMIES OF OUR CIVILIZATION TEACH OUR CHILDREN WAS A MISTAKE:

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Kids today: 4 in 10 call Constitution ‘outdated,’ OK with silencing speech. Among the key findings in the survey of college undergraduates conducted by McLaughlin & Associates for the program: Thirty-six percent believe the Constitution is outdated, while 52% call it “important.” A year ago, 63% called the founding document important. While support for the First Amendment … Read more

The Bull Market That Won’t Die And Too Much Debt For Stimulus To Work

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by Jim Rickards via Daily Reckoning Investors have been hearing for years that “interest rates are near all-time lows,” and “rates have nowhere to go but up,” and finally, that “the bond bear market is right around the corner.” These warnings have come from notable bond gurus including Bill Gross, Jeff Gundlach and PIMCO’s Chief Investment Officer Dan … Read more

CULTURAL CROSSROADS: media dumbdown & Left meltdown leave UK on cliff-edge

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by John Ward  The truly astonishing opinion encapsulated below was expressed in an article at The Times website by James Forsyth this morning. Before I get into the meat of its flawed asumptions (and odd attempt to present democracy and liberty as interchangeable) let me just say that, on paper, Forsyth represents the cream of the crop: schooled at … Read more

China warns Taiwan “It means War..”

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Epic escalation! A Chinese Community Party newspaper said Chinese warplanes “must fly over the island of Taiwan” and warned that Taiwanese government retaliation “means war.” An article by Hu Xijin, the combative editor-in-chief of Chinese state newspaper Global Times, came after yet another round of potential U.S. arms sales to Taiwan was announced by the … Read more