Here’s an interesting thing to consider, as the leaves turn orange brown.
If this year’s flu season is worse than expected, coincided with this COVID shit, will everything shut down again like last year? If so, does it even matter or do PPP loans of the forgivable nature mask over the temporary downturn and will shutting down the economy leave scars?
I read a report that said we would not get back to 2019 levels until 2025.
The winners are large companies with access to capital and the losers are everyone else. This scourge is helping to expedite what has already been occurring, the dissolution of small mom and pop businesses.
Try to remember the stock market isn’t representative of the economy any more. That’s where many bears go wrong, thinking any of this stuff matters. It doesn’t. The stock market is a perverse casino where tricks are used to buoy prices higher. Whenever those prices go down and the old tricks stop working, they make up new tricks and new rules to help out.
Those tricks haven’t helped the oil or retail sectors, however. And it’s worth noting, sacrifices will be made — winners anointed and losers left for dead. In this regard, we still have a market. Heading into the elections, a horribly divisive event to make Americans hate each other and fixate on things they really do not control, you have to figure out who wins under both candidates. Whatever you find, do the exact opposite, because that shit has already been priced in.
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The UK’s Financial Conduct Authority (FCA) will be banning the sale of cryptocurrency derivatives to retail consumers from January 2021.
Many years ago, England passed laws requiring anyone owning a car to hire flagmen to walk in front of your car for the safety of pedestrians.
Henry Ford’s comment: Thank you!
That last sentence is everything.
So…buy coal and oil?
Fucking amazing piece of literature. And written on a “day off” nonetheless. I was one of those idiots that bought in to endless analysis of P/E, EBITA, “the market is forward looking” blah, blah, blah. Thank you senor Fly for timeless nuggets. “Perverse casino”… “do the exact opposite”. Other plebs pay $1,000 a month fees for way less. Appreciate the valuable and spot-on insight.
“When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance.”
The American electoral system (imperfect though it may be) is not just about making “Americans hate each other and fixate on things they really do not control”
In fact when you vote you are NOT voting for a man (or woman), you are voting for a set of POLICIES. In this case we have two extremely opposite sets of policies; one a far left, the other a traditional American center-right. Instead of focusing on the individuals running; whether it is the question of Hunter Biden 3,500,000 wire transfer, Burisma or Trumps sloppy, way of speaking & raw manners ask yourself honestly what are the POLICIES you want in your next government? – then vote to protect the rights and freedoms in the greatest (though imperfect) governmental system ever created on earth. You like big government Socialism, or free market Capitalism? Checks and balances as envisioned in the Constitution, or packing the Supreme Court and overloading it with 90 instead of 9 Justices to push Partisan goals in lifetime appointments? You like making your OWN decisions on whether to open, or like having a Mayor or Governor TELL you when you may or may not go to school, to a restautrant or open a store? Protect your freedom and vote for a free nation – or don’t bother to complain when you find yourself in a Venezuela type nightmare where you are cancelled, silenced and are told to shut your businesses.
Limbaugh played on his October 9 show after President Trump came on the show and left a clip of Biden implicating HIMSELF, yet they attacked/impeached President Trump for nothing in the Ukraine hoax, while ignoring something else
. Limbaugh noted that President Trump was impeached over a phone call where there was NO impeachable offense of any kind proven on a witch hunt after the Russia/Steele Dossier/FISA hoax failed,yet when a video was played of a meeting on January 23, 2018 at the Council on Foreign Relations and Biden appeared there just so he could BRAG about how he threatened a Ukrainian Prosecutor who was investigating his son, and even threatened the Ukrainian government by threatening to withholding $1 Billion dollars in US aid to Ukraine if they didn’t drop the case and get rid of the prosecutor. You can literally HEAR THIS VIDEO OF BIDEN SPEAKING AND BRAGING and Limbaugh played it. I don’t hear the MSM playing it though – not even Fox
Why isn’t this news now? Somehow the folks in the mainstream media don”t like to speak about this, but instead focus on Trumps admittedly poor choice of language and mannerisms at times. So Biden is on the record STATING this, he BRAGGED about it to members of the CFR ON TAPE, but the media and the far left in Congress go on and on about Orange man bad. WAKE UP.
Trump was impeached on 1)Abuse of Power and
2)Obstruction of Congress. Pelosi’s ideas.
There were many other charges that SHOULD have been filed.
Is threatening the Ukrainian government to ‘call Obama and check’ to see if they will be denied 1 billion in US aid if they do not fire a Prosecutor going after Hunter Biden? Bragging to the CFR that ‘they aint gettin it’?
You can hate Trump for his manners, speech or orange complexion – that’s your right, but be intellectual honest and not a hypocrite about it please. This is not a popularity contest; it is an election to high office and we need to look at facts of exactly WHO did WHAT and what POLICIES will be in play for Court Packing, REAL corruption and fiscal policy, not just how people feel.