Carl ‘fuck you, give me three seats on your board’ Icahn took to Fox Business today to discuss his bearish outlook on the US economy, which is something he’s been talking about for more than a year. Generally speaking, no one gives a shit what Icahn has to say anymore, unless of course he’s discussing Bill ‘Montauk’ Ackman. In the soap opera, burlesque, society that we live in today, all that’s important to most investors, traders and the like, is the most recent trade and/or rumor mongering. This infantile mentality is the #1 reason why 99% of advisors can’t beat passive indexes. While outperformance is often enjoyed during periods of melt ups, the deleterious side effects of this hubris is the reason why grown men are often seen cowering in corners of showers when markets go down.
Speaking of soap operas, Icahn calls Ackman out for discussing his business on television, despite it not being true: “He violated a bit of a rule there.”
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All you need to know
marketwatch
4:00p U.S. stocks close modestly higher after ISM services report
ism services report
Sep 6 10:00 AM ISM Services Aug expectation 54.7 actual 51.4
with a final 60 sec stick
big brother got you
like some of us said
On this note….There are a lot of refiners that have been beaten to absolute shit that might make for good LT investments if Trump wins (Which he will). If he follows through with ravishing the EPA and deregulating these bull shit agencies, Refiners will be net winners over the next 4 years.
KOL
You keep speaking of things that are accomplished by the CONgress, not the President. But the Prez can gently nudge.
Really? Times have changed. Most likely just a light bulb went off. The Bully pulpit is way bigger than previously considered. Just took a few sociopaths to prove it. Nixon was an honorable man. Feared God possibly.
Nixon created the EPA and brought price controls. He was Satan.
Mr Gint. But he laid down and quit. That was the idea. Goes away and all.