By EconMatters
We discuss the fact that Donald Trump is too incompetent to realize that he has no business picking his own cabinet, you won the lottery, now outsource the job of picking a cabinet to Paul Ryan or someone in the Republican Party who understands basic qualifications for these important positions in the United States Government. Was Pee-wee Herman unavailable for Secretary of State?
By EconMatters
We delve into the market internals and the P/E Ratios of most stocks when taken as a whole are in never before seen valuation levels. We are not talking about just the high growth flyers but industrial companies with stagnant or declining growth like Caterpillar, Coca-Cola and Exxon Mobil in areas facing longer term structural headwinds.
By EconMatters
We discuss the massive drop in ESPN subscribers this year, and how this relates to those massive NBA Television Broadcasting Deals that were based upon much higher subscriber bases going forward, and how this filters down into larger salary caps for NBA Franchises leading to $20 Million Dollar annual player contracts guaranteed for 5 years.
By EconMatters
We discuss some of the structural issues aside from the valuation issues why we think this is a good place to short equities over the next week. I like the price and setup considerations for this short play in equities!
https://www.youtube.com/watch?v=-mdNdT36vq8
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Submitted by Charles Hugh-Smith via OfTwoMinds blog,
Perhaps the ultimate gaslighting in human history is our current fiat money creation system that benefits the few at the expense of the many.