It is a new chapter in our descent into ClownWorld, as the Left works to incite greater hatred in America.
by Fabius Maximus Summary: It is a new chapter in our descent into ClownWorld, as the Left works to incite greater hatred in America – risking America’s social stability to gain more political power. Here are bulletins from the front lines of our political conflicts. ID 128496492 © Aleksii Sidorov | Dreamstime. “When the men on … Read more
The $1 Trillion pharma conspiracy that no one ever talks about : Statins
by psy_raven “Ask your doctor about Lipitor” Sound familiar? It should. Total sales of that drug since introduction is expected to top $1 Trillion (that’s TRILLION with a T) by the end of 2020. It is the most profitable drug in the entire history of medicine. But what do we really know about that drug? … Read more
France Plans to Mount Guns and Lasers On Satellites By 2030 For Self-Defense
Space lasers are all the rage in the tech industry over the last couple of years. China wants to use orbital lasers to destroy space junk, and Facebook wants to use lasers to boost satellite communications. All of those use cases are fairly benign, but France wants to use space lasers for slightly more militaristic … Read more
Lou Dobbs: Obama admin spied on Israeli military ahead of Iran nuclear deal: report
Gen. Jack Keane (Ret.) gives his take on the Obama administration spying on the Israeli military. h/t Annie Oakley
60+ miles of new border security wall complete 100’s more in progress
Watch the latest video at foxnews.com Acting Customs and Border Protection Commissioner Mark Morgan touted Tuesday the progress of the “new border wall system” being built in Arizona. “What was there was old, dilapidated, ineffective and it didn’t work,” Morgan told “Fox & Friends.” “Every mile that’s being built is absolutely a new wall and it’s not just a wall,” he said. Host … Read more
Is there any logic behind this bull market – switching positions to Bear Gang
by friendly-cephalopod I understand that in a bull market, especially given the current popularity of passive investment, stocks will continue to grow and time spent in the market will outweigh any short term losses But this market has gotten absolutely ludicrous and with today’s rally on “Trade War optimism” I am switching to Bear Gang … Read more
Why I’m not a “dividend investor”
by rao-blackwell-ized First, let’s define what we’re referring to here. There’s a strategy in which dividend growth – a company increasing their dividend payment over time – is used as an indicator to identify strong, stable, successful companies to invest in. There is nothing inherently wrong with this, and could even potentially allow you to beat the market (though historically dividend … Read more
This is the longest decline from the cycle peak in the aggregate profit margin.
Interestingly this is the longest decline from the cycle peak in the aggregate profit margin. 4 and a half years of almost linear drop but been falling for 7 years! (chart courtesy of my colleague Lydia Boussour). pic.twitter.com/TKbeJcyqqg — Gaurav Saroliya (@GauravSaroliya) September 5, 2019 For investors, profits after tax is what matters. And the … Read more
It would cost $600,000 per household, but that’s OK by Joe!
According to Sleepy Joe, the $93 TRILLION Green New Deal doesn’t go too far at all. It would cost $600,000 per household, but that’s OK by Joe! pic.twitter.com/ftpG8OtgGv — Kayleigh McEnany (@kayleighmcenany) September 5, 2019
While markets are getting drunk on the news of a potential China/US summit in next few weeks
via Gregory Daco: While #markets are getting drunk on the news of a potential China/US summit in next few weeks, we take the sober view that the Sep 1 #tariffs (15% on $112bn) & Oct 1 increase from 25% to 30% on existing $250bn will remain in effect through year end via @OxfordEconomics … Read more
Justice Dept. Opens Antitrust Inquiry Into Automakers’ Emissions Pact With California
The Justice Department has opened an antitrust inquiry into the four major automakers that struck a deal with California this year to reduce automobile emissions, according to people familiar with the matter, escalating a standoff over one of the president’s most significant rollbacks of climate regulations. In July, four automakers — Ford Motor Company, Volkswagen of America, … Read more
The Most Certain Way to Be Wrong in Investing Is to Be 100% Convinced That You Are Right
by gmishuris The most certain way to be wrong in investing is to be 100% convinced that you are right. Early in my investing career, I was a junior analyst at one of the largest investing firms in the world. A senior analyst had a recommendation that he felt certain about. He couldn’t see how … Read more
Chase Sapphire Reserve – Update about Zipcar & Lyft rental Auto Rental CDW
by Death-Wing The credit card comes with an Auto Rental Collision Damage Waiver benefit, but not all services are covered. Turo, for example, is not covered as it’s technically not a rental service (more like a P2P service). Same with Getaround. A few days ago, I got an email from Lyft and their new rental service (not the same … Read more
Fannie and Freddie Release Plan
WASHINGTON — The Trump administration has taken a long-awaited stance on how it envisions a future housing finance system, and it resembles legislative proposals enabling Ginnie Mae to back multiple private-sector guarantors. The Treasury Department made clear in a much-anticipated report that its ultimate preference is for Congress to take up reform of the government-sponsored enterprises. That … Read more
Blood Type Distribution in the United States
by foiltape I created this chart using Excel. Source: Wikipedia – Blood type distribution by country
WeWork already taking a loss before the IPO
by mercalli WSJ – WeWork Weighs Slashing Valuation by More Than Half Amid IPO Skepticism [Non-paywall] http://archive.is/cA7wu Adds some doubt to buying puts outright, maybe time to buy calls with SoftBank’s deep pockets trying to prevent a bloodbath.