Buffett’s 1999 Fortune Article

by

by redditusername003 https://archive.fortune.com/magazines/fortune/fortune_archive/1999/11/22/269071/index.htm I think this article is worth reading every year or so. This is one of four? of Buffett’s famous op-eds related to market levels. They’ve all somehow been very prescient in a short timeframe. I highlighted a few quotes I thought was interesting below. One of the more notable facts I gathered was … Read more

We’re testing a MAJOR trend line on the Dow going all the way back to the last pullback in 1932. Careful here…

by

We’re testing a MAJOR trend line on the Dow going all the way back to the last pullback in 1932. Careful here… pic.twitter.com/RU1KQN3OVj — MasterTrader (@MasteredTrader) December 28, 2020 Look out… very bearish pic.twitter.com/fTdElmgGO3 — MasterTrader (@MasteredTrader) December 28, 2020 Retail trading growth YOY https://t.co/s1qOX8Z05Q — Samantha LaDuc (@SamanthaLaDuc) December 28, 2020   Company valuations … Read more

Beyond Meat Cash Flow Issue?

by

by zeroskater45 I noticed beyond meat has been a fairly popular investment considering the plant based/green trends. They have some pretty good partnerships. However, it seems that they have increasingly negative operating cash flow year over year. I see this as a way to look at the health of a business and its ability to … Read more

In 2019, the St. Louis Fed alone had over 1,400 employees, including 105 “other officers,” who made – just in salary – an average of $235k. Still they mock most of America, where the median wage is $34k

by

In 2019, the @stlouisfed alone had over 1,400 employees, including 105 "other officers," who made – just in salary – an average of $235k. https://t.co/oxS5iqGTiK Still they mock most of America, where the median wage is $34k https://t.co/enFZunBYKdhttps://t.co/nRH4BDN6yI — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) December 28, 2020  

Something to watch out for in 2021:

by

https://twitter.com/bullmarketsco/status/1343537530478747649 #recession … #GFC2 US #CRE edition#commercialrealestate #property #Malls #REIT #CMBS 📉 https://t.co/gOgLmxuqkn — Invariant Perspective (@InvariantPersp1) December 28, 2020 https://twitter.com/ECantoni/status/1343535493313679363 https://twitter.com/PuffDragon11/status/1343448635187458048 OUCH! Alibaba political crackdown fears drive $200bn Chinese tech selloff. Investors flee the biggest names from Tencent to Meituan and JD. It coincides with a harsh clampdown on part-owned Ant Group. https://t.co/7dte1cGyG1 pic.twitter.com/PLkk3WQ7vW … Read more

I had no idea lawmakers were allowed to trade stock. that seems pretty corrupt.

by

Sen. Elizabeth Warren (D-Mass.) announced Friday she’s reintroducing a bill to prohibit lawmakers from trading stocks as Democrats look to make the issue a key aspect of Georgia’s two Senate runoffs. The reintroduction of the bill by Warren and Rep. Pramila Jayapal (D-Wash.) coincides with scrutiny Georgia Sens. Kelly Loeffler (R) and David Perdue (R) are facing … Read more

New York Post: “Suspect arrested in random NYC cinder block attack on Cuomo staffer”

by

New York Post: “Suspect arrested in random NYC cinder block attack on Cuomo staffer” https://nypost.com/2020/12/25/man-arrested-in-random-cinder-block-attack-on-cuomo-staffer/ Cops busted a man in connection with the random Christmas Eve cinder block attack on a member of Gov. Andrew Cuomo’s staff in Midtown Manhattan, police sources told The Post Friday. Cavanaugh was temporarily knocked unconscious, and suffered a two-inch … Read more

Why You SHOULD Talk to Self in Third Person

by

According to the Bible, King Solomon, the Israelite king, was an incredibly wise man. People traveled far and wide just to ask for his advice, including two women who claimed to be the mother of the same baby. Solomon devised a clever way to solve the dispute. Solomon’s wisdom, though, only applied to matters external to himself. … Read more

As USDX is Poised to Pop, What Happens to Gold?

by

by Sunshine Profits After awakening from its slumber last week, the USD Index may be in the early innings of a short-term breakout. Bursting with energy, the dollar basket closed (on Dec. 22) above its declining resistance line (although more data is needed to confirm a larger move). And to quote Francis Bacon, because “we rise … Read more

Jason Burack: ECB Creating INSANE EU Government Bond Bubble

by

Wall St. For Main St., Released on 12/28/20 Jason talks about how crazy the European Central Bank’s (ECB’s) bond bubble has gotten with the ECB’s balance sheet already well above 60% of the EU GDP before a new bond buying program was announced on December 10th https://www.cnbc.com/2020/12/10/ecb-e… Follow Daniel LaCalle on Twitter here: https://twitter.com/dlacalle_IA Jason Burack is … Read more

OOPS — Only 14.7 Million More Ballots Than Voters

by

(39)With 212Million registered voters and 66.2% voting,140.344 M voted. Now if Trump got 74 M, that leaves only 66.344 M for Biden. These numbers don’t add up to what we are being told. Lies and more Lies!https://t.co/pY3n6DEWzP https://t.co/5FSNfJw992 — Bill Binney, Constitutional Patriot (@Bill_Binney) December 19, 2020 According to bing.com Biden received 81,009,468 votes and … Read more