
Friday, September 11, 2020
Stock...

- The stock market hit new highs last week, and the history of market cycles suggests that the current bull market trend could continue for some time to come.
- In terms of the business cycle, the US economy is out of recession and into an early cycle recovery.
- In addition, the market continues to display characteristics of a secular bull market. Secular bull markets are prolonged super-cycles in which the market produces above average returns.
- Factors supporting the secular thesis include de-equitization (the number of public stocks is declining), a highly accommodative monetary policy, and a weaker dollar.
Thursday, September 10, 2020
Devine...

"The pleasure of eating and sexual pleasure come from God."
Blame...

ON MSNBC's Al Sharpton said Tuesday that defunding the New York City Police Department is an idea "a latte liberal" may advocate, but not by those "Blacker and poorer" who have seen shootings and homicides surge in New York over the summer.
Sharpton's comments on MSNBC's "Morning Joe" come as the NYPD reported a 166 percent increase in shootings in August compared to the same month last year.
Overall in 2020, New York has seen an 87 percent increase in shooting incidents across the city, with more than 1,000 reported compared to 541 at the same time in 2019.
Sharpton added. "But to take all policing off is something a latte liberal may go for as they sit around the Hamptons discussing this as an academic problem. But people living on the ground need proper policing."
Murders are also considerably up in 2020, with a 47 percent increase reported in August compared to the same month last year.
Comment: DeFunding the police came from demonstrators and looters and those who went to destroy property. Not those of the Hampton. MSNBC should have corrected the record right there and then. Just a thought.
Quality..
More than 150 powerful business leaders in New York City joined together to warn Mayor Bill de Blasio that he needed to take more decisive action to address crime and other quality-of-life issues that they said were jeopardizing the city’s economic recovery.
Chief executives of companies like Goldman Sachs, Vornado Realty Trust and JetBlue sent a letter to the mayor portraying a bleak assessment of life in New York City during the pandemic, and suggesting a vote of no confidence in the mayor’s ability to correct it.
The letter asserted that there was “widespread anxiety over public safety, cleanliness and other quality of life issues that are contributing to deteriorating conditions in commercial districts and neighborhoods across the five boroughs.”
And if the mayor did not address those issues, the business leaders warned that people who have left the city would be slow to return because of legitimate concerns over “security and the livability of our communities.”
The City budget is 92 Billion dollars and the quality of life is designed for poverty, MAke your own opinion. Just a thought.
Wednesday, September 9, 2020
Warning...

The role of the Media in shaping the information became convoluted. The news became a thing of the past. It is a team of fast talkers, well paid speakers who are told what to say and to make it good. NBC, CNN and others consider themselves journalists, fair and balanced. Fair to who? Balanced by what standard? Just a thought.
Risk...

The study found that cognitively normal people taking at least one anticholinergic drug were 47% more likely to develop mild cognitive impairment, which can be a precursor to dementia, over the next decade than people who were not taking such drugs.
On Fire...

And on Sunday, Shortly after arriving, the crowd began chanting, among other things, “burn it down," police said in a statement. Some in the group lit a mattress
“Because it was not an immediate threat to life safety or structures, officers remained far back and did not engage,” police said. “Another mattress was added to the fire, as was some yard debris. The larger fire began to send lit embers into the air.”
Since Multnomah County has a burn ban in effect due to extremely dry conditions, firefighters came in to extinguish the blaze.

