Risk parity exhaustion? When there is little value to be found on the long side of the market, there is much opportunity on the short side.

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When there is little value to be found on the long side of the market, there is much opportunity on the short side. Crescat’s October performance letter is out. https://t.co/GuY1L8KUjl h/t @TaviCosta pic.twitter.com/8MyrKxnrtO — Kevin C. Smith, CFA (@crescatkevin) November 15, 2020 S&P looks a tad overvalued 👇👇👇 pic.twitter.com/KMgPaoDHEX — Win Smart, CFA (@WinfieldSmart) November … Read more

PROFESSOR PREDICTS A BAD DECADE TO COME:

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via theatlantic: The fundamental problems, he says, are a dark triad of social maladies: a bloated elite class, with too few elite jobs to go around; declining living standards among the general population; and a government that can’t cover its financial positions. . . . Of the three factors driving social violence, Turchin stresses most heavily … Read more

Costco selling $17.5K private jet membership that lasts 1 year

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https://finance.yahoo.com/news/costco-selling-17-5k-private-015459424.html The wholesale retailer sells a one-year membership to a private jet charter company called Wheels Up, which allows members to book a private jet “as easily as a ride share or short-term vacation rental,” the product description says. Although the $17,499.99 membership is quite a hefty fee, it also comes with a $3,500 Costco … Read more

Largest U.S. Pension Bought Up EV Stocks Nikola and NIO, and Zoom

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The largest public pension in the U.S. by assets increased its bets on makers of electric vehicles, and a videoconferencing stock in the third quarter. California Public Employees’ Retirement System, or Calpers, raised investments in Nikola  (NKLA) and NIO  (NIO) in the period, and nearly doubled an investment in Zoom Video Communications  … Read more

SHOCKER: Tax filings reveal Biden cancer charity spent millions on salaries, zero on research.

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A cancer charity started by Joe Biden gave out no money to research, and spent most of its contributions on staff salaries, federal filings show. The Biden Cancer Initiative was founded in 2017 by the former vice president and his wife Jill Biden to “develop and drive implementation of solutions to accelerate progress in cancer … Read more

Dentists say ‘mask mouth’ can cause serious health complications, including strokes

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Dentists are warning about the health issues tied to prolonged use of a mask to stop the spread of the coronavirus. They said dental problems associated with “mask mouth,” including gum disease, could lead to serious complications. “Gum disease — or periodontal disease — will eventually lead to strokes and an increased risk of heart … Read more

Acting Defense Secretary “ALL WARS MUST END”

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JUST RELEASED from the acting Defense Secretary Chris Miller: pic.twitter.com/k9VxNTwjb1 — Kristina Wong 🇺🇸 (@kristina_wong) November 14, 2020 https://www.rt.com/usa/506746-miller-afghanistan-withdrawal/ About time man. Come on, this is SICK. Pentagon Racks Up $35 Trillion in Accounting Changes in One Year A total that’s larger than the entire U.S. economy and underscores the Defense Department’s continuing difficulty in balancing its books.https://t.co/TlGoXnLzrO … Read more

Controversial Trump Fed nominee Judy Shelton headed toward Senate floor vote. She is critical of the Fed and supports a return to gold standard.

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Look at who POTUS wants to put on the Federal Reserve board of governors. They’ll have their own internal troll! She would make their meetings very interesting. ———- Controversial Trump Fed nominee Judy Shelton headed toward Senate floor vote by Nihal Krishan | November 12, 2020 (washingtonexaminer.com) – A controversial Trump Federal Reserve nominee, who has backed a gold … Read more

Huge Landslide in Canary Islands! Watch! Cliff falls into the Sea. Preview of things to come?

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This just happened today. Emergency services still responding. It is in the Canary Islands where there will be an earthquake that will cause one of these islands to collapse into the sea, sending a tsunami across the Atlantic to wipe out the Eastern Coast of the US and South America. https://twitter.com/RTVCes/status/1327720629659906048?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1327720629659906048%7Ctwgr%5E&ref_url=http%3A%2F%2Fwww.godlikeproductions.com%2Fforum1%2Fmessage4591484%2Fpg1   Los equipos de … Read more

Bill O’Reilly: “Are you ready for the collapse of the news media? It’s coming.”

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Are you ready for the collapse of the news media? It's coming. — Bill O'Reilly (@BillOReilly) November 14, 2020 Scenes from President Trump playing golf today in Virginia. He waved to cameras a few times, more than we usually observe. Images taken by @NBCNews at great distance. pic.twitter.com/sh9w3083c9 — Kelly O'Donnell (@KellyO) November 14, 2020 … Read more