The average US worker must now work 141 hours to buy 1 share of S&P 500. That’s, of course, a fresh record. In the 1980s, it took less than 20 hours.

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Just to put things into perspective or the rising wealt inequality in one chart: The average US worker must now work 141 hours to buy 1 share of S&P 500. That's, of course, a fresh record. In the 1980s, it took less than 20 hours. pic.twitter.com/UF8bvm0oXE — Holger Zschaepitz (@Schuldensuehner) December 5, 2020 What can … Read more

Harry Dent on dead economy: “The dumb money is small traders loading up on call options.” LOL Smart money will “start the downtrend that breaks the back of the dumb money.”

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Nearly a fifth of public companies are “zombies” propped up by debt, Harry Dent says. With its “zombie” public companies and small-business failures, the U.S. economy is “dead,” and a second stimulus won’t revive it, Harry S. Dent Jr. argues in an interview with ThinkAdvisor. “The Contrarian’s Contrarian,” as Dent is known, forecasts that the … Read more

Bubble Monster? Total Option Call Volumes Versus Fed Balance Sheet (S&P 500 Index, Home Prices, Mortgage Originations, Commercial Real Estate Too)

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by confoundedinterest17 Call option volume has soared with The Fed’s endless monetary easing. But it isn’t just call option volumes that increased with The Fed’s balance sheet, but the S&P 500 index and commercial real estate have increased as well. Home prices and mortgage originations have also soared with Fed stimulus. We now have an economy … Read more

What No One Is Saying about the Lockdowns

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Corbett Report. Starts off with the 3rd place Science fair project creating social distancing policy and laws. He says that if you advocate lockdowns, you are advocating for some portion of the population to be assigned to death.     h/t Happy in Nature

Bullish For Gold: Yellen’s Appointment Merges The Treasury With The Fed

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by Dave Kranzler of Investment Research Dynamics The appointment of Janet Yellen as Treasury Secretary fully removes the “Chinese Wall” that is supposed to separate the Fed and the Government. I believe her appointment signals a decision to transition monetary policy into the unfettered implementation of “Modern Monetary Theory.” This will encompass a record amount of Treasury debt … Read more

Mapped: Which Countries Have the Worst Air Pollution?

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by visualcapitalist In many parts of the world, blue skies are a rarity. Instead, accumulated levels of air pollution from industrial processes and motor vehicle traffic cloak cities in smog year-round. But to what extent does air pollution impact the human population around the world? To answer this question, data scientist Matt Dzugan has created a cartogram that … Read more

Just a reminder that it’s illegal to destroy election records and papers within 22 months of a major election, special election or primary.

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§20701. Retention and preservation of records and papers by officers of elections; deposit with custodian; penalty for violation Every officer of election shall retain and preserve, for a period of twenty-two months from the date of any general, special, or primary election of which candidates for the office of President, Vice President, presidential elector, Member … Read more

Honeywell International Inc (NYSE: HON) – A stock guide/review

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by Anonymous INTRODUCTION: Good morning/evening everyone. This is the last stock review for the first poll that closed out last week. The current poll just closed and it looks like AT&T took it. So that will be next. HONEYWELL INTERNATIONAL: Sector: Industrials Honeywell operates as a diversified technology and manufacturing company worldwide. It breaks itself … Read more