Saturday, January 12, 2019

Shutdown Saturday Randomosity

  • Is the bear market over? Was that it? Or, are we experiencing a countertrend rally within a bear market that is sucking everyone in?
  • Some of my worries include the Fed, slowing economies, trade wars, political division, and climate change. Ok, scratch the last one.  Well... Maybe. It has been foggy here.  
  • The political division is getting tiresome. I say give Trump the $5B and let a panel of border security experts and engineers figure out how it needs to be spent on the border: wall, fence, surveillance, more border agents, more judges...
  • $5B out of $4T budget is .125%.  It’s like a family making $100,000 arguing over $125.  It happens! Maybe someone sleeps on the couch for a few days, but you don’t shut down the family over it.
  • Macy’s stock took a beating on reduced sales and guidance.  Online shopping maturity hitting the box stores that are still standing.  I thought Macy’s seemed a little empty last time I was there.  There were people, but kind of sparse.
  • On average, workers received 3% wage gains per the data.  Disney CEO Bob Iger dragging up that average with an 80% pay raise.  
  • Not that Bob hasn’t been great for Disney. But I understand why the Progressive message regarding income inequality gets a lot of play.
  • How has Socialism worked in Sweden?  After all, the Progressives and Democratic Socialists like AOC say Sweden is one of the examples of how to make it work. 
  • If the economy is slowing, will casinos take a hit?  I’ve held Las Vegas Sands for quite a while. Hasn’t been my best performing stock, that’s for sure.  And that’s when the economy has actually been okay.
  • Divisional Playoffs...


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