BERNARD GOLDBERG: American Journalism 2020: R.I.P.

by

As a personal favor, I ask you to please not laugh out loud when I say: Let’s take journalists at their word when they tell us the only reason they’re not running the Hunter Biden story is that, because they’re unbiased, honest, trustworthy professionals, they don’t want to traffic in an unsubstantiated smear campaigns.” Okay, … Read more

JP MORGAN GOES FULL TRUMPTARD: Trump is the best scenario for MARKETS. S&P500 COULD jump 14% if TRUMP WINS

by

The S&P 500 could jump 14% to 3,900 if Trump wins the election, JPMorgan says The S&P 500 could rally around 14% to hit 3,900 if President Donald Trump wins the November election, according to JPMorgan. A Trump victory is the “most favorable outcome for equities,” a team of analysts led by chief US equity … Read more

California wildfire leaves two firefighters critically injured, forces 90,000 to evacuate

by

A fast-moving, wind-whipped wildfire left two firefighters critically injured and forced more than 90,000 residents in Southern California to evacuate Monday, while huge swaths of the Golden State went without power in an effort to prevent more flames, officials said. The firefighters, 26 and 31, were injured while battling the Silverado Fire, which had charred at least … Read more

JOURNALISM: ‘Economist’ Failed to Disclose Lucrative Beijing Ties. “UK mag cashed Huawei checks as it covered telecom giant.”

by

The Economist provided sympathetic coverage of a Chinese tech giant widely considered a national security risk without disclosing the publication’s lucrative business relationship with the firm that spanned nearly a decade. Huawei Technologies commissioned the Economist‘s business consulting division to advance its policy agendas and deflect cybersecurity concerns raised by Western governments. The influential British magazine produced reports … Read more

There is no doubt Joe Biden is in ‘cognitive decline’ – Sky News Australia

by

The Australian’s Foreign Editor Greg Sheridan says it is impossible to watch Joe Biden perform in a spontaneous setting and not conclude there has been some cognitive decline. It comes after a clip recently emerged showing Democratic presidential nominee Joe Biden mixing up President Donald Trump with former US President George W. Bush. “There is … Read more

University Endowment Sued for Underperforming S&P 500

by

The University of Colorado has thrown its weight into defending an unusual lawsuit against its foundation, which alleges mismanagement of the $2.4 billion portfolio for lagging the stock market — despite outperforming peers and its own benchmark. Rich and elderly donor Clarence Herbst sued in July after years of agitating against active management and alternative … Read more

Proof that buying gold miners and shorting overvalued stocks at large can work insanely well on both sides of the hedge even in a deflationary environment.

by

Proof that buying gold miners and shorting overvalued stocks at large can work insanely well on both sides of the hedge even in a deflationary environment. The macro set-up is a speculative debt bubble with record over-valued stocks. pic.twitter.com/f0Bmo0DZuN — Kevin C. Smith, CFA (@crescatkevin) October 27, 2020 QE Goes Global “In a fiat currency … Read more

If Biden wins, you bet your ass the markets will crater. Investors are sitting on trillions in unrealized capital gains.

by

If Biden wins, you bet your ass the markets will crater. Investors are sitting on trillions in unrealized capital gains. There would be a tsunami of selling pressure into year end, ahead of Biden’s massive capital gains tax increases in ‘21. A tsunami of an economic collapse — Kip Herriage (@KHerriage) October 24, 2020