- http://www.marcandangel.com/
Tuesday, January 12, 2021
95 Questions to Help You Find Meaning and Happiness”
- http://www.marcandangel.com/
"The Cure For Boredom..."
'You Pretend..."
"We Are All Like Elephants"
“I Pity You, Too.”
Gregory Mannarino, "#TheREALSteal PLUS! Useful Idiots, The Markets, Bitcoin, The Fed"
"Future Imperfect"
The Poet: Derek Mahon, "Everything Is Going to Be All Right"
"Without Freedom Of Speech, What Is Going To Happen To America?"
"Only Barbarians..."
"Economic Market Snapshot PM 1/12/21"
"For Many Great Deeds..."
Musical Interlude: Peder B. Helland, "Dance of Life"
Monday, January 11, 2021
"A Stock Market Crash Of 80% This Year?"
In all of our history stock prices have never been so disassociated from our economy. The year just started and the Russell 2000 index already went up over 6%. The only other year it rose more than 6% only at the beginning of January was in 1987. Then, it skyrocketed an additional 23%, and it crashed a little later in the year. We could easily witness a massive crash in 2021. However, it's even more likely that we wee this happen in the Nasdaq 100 than the small cap index due to high large cap growth valuations.
The Oxford Economics recovery tracker index has taken a turn for the worse in the past few weeks with the Pacific registering the lowest performance. The stimulus money for unemployment benefits is expected to last for 11 weeks, but roughly 12 million Americans are still out of their jobs and it's highly unlikely all of them will find work by the end of this period. Therefore, another stimulus bill will be necessary to assist these people again, that is to say, soon enough more artificial money will be launched into the system.
Meanwhile, completely disregarding what is coming next for the economy, the Nasdaq 100 is being flooded by investor euphoria, particularly on the large cap growth segment of tech stocks. But the names that are mentioned the most are from money losing tech firms. That's why the strategists affirm that now is possibly one of the worst times ever to be searching for the next great tech stock. There's over $1 trillion worth of tech stocks with negative earnings.
But investors seem to keep ignoring the real data and falling into the mainstream media trap of an untouchable market led by a fresh set of hot stocks. A burning news everyone seems to be talking about is the fact that Elon Musk became the richest man in the world, surpassing Jeff Bezos of Amazon. But what many fail to understand is that usually, when these types of landmarks happen, it’s a sign that speculation in the markets has gone way too far.
Another landmark was that Tesla stocks went almost vertical and its market cap surpassed Facebook’s, which made Tesla the 5th largest company in the United States. During the peak of the 1990s dot-com bubble, in March 2000, Cisco had a market cap of $569 billion. Adjusting this figure according to the current inflation, Cisco’s market cap peak in today’s dollars would be approximately $864.9 billion. This indicates that at $836.5 billion, Tesla is closing in on Cisco’s peak.
These are very similar bubbles, and keeping in mind that the health crisis doesn't have a clear end in sight, and as long as the economy remains impaired more stimulus relief will be issued to boost it, this time around, the bubble can get even larger, which means the crash would be much deeper. Worried about a downfall with similar proportions to the previous housing bubble burst, Michael Burry, the investor whose billion-dollar bet against the US housing market was immortalized in Michael Lewis' book "The Big Short," is warning that Tesla stocks might crash in the same fashion. "Well, my last Big Short got bigger and bigger and BIGGER too," Burry tweeted last Thursday.
Likewise, macro strategist David Hunter is predicting a massive melt-up in financial assets. Hunter's perception is remarkably aggressive, he forecasts that a 65-80% crash in prices may happen by the end of the year. However extreme it may seem, historic patterns and current evidences seem to be on his side.
Every time excessive debt has enabled market assets to distort to unsustainably excessive heights, a dramatic correction to clear out the bad debt and malinvestment has always occurred. In short, we are moving towards the most dramatic correction ever recorded. And when this stock market bubble finally bursts, it will be catastrophic."“Something Evil This Way Comes; You Can Run But You Won’t Hide; This Ends Badly; Wealth Destruction”
"What Leftists Think About Free Speech"
"WOW! When the world is on fire, what do you do? Probably start with staying out of the fire. (Great obvious advice, isn't it?) I don't know about you, but the past few days I've felt every emotion there is to feel. I think my body even invented some new ones and felt those.
What has my being engaged the most is the unprecedented assault on free speech being carried out by big tech. In my humble opinion, contrary to what the rage mob says and how the media spins it, I believe free speech is not a political issue. It is a human issue.
I freaking love humanity. I love hearing what people have to say. When I don't like what people have to say, I still love that they have the right to say it. And I also love that I have the right to turn the other way and stop listening without silencing them by taking away their rights.
Here's something you might not know about me. I don't align with any particular political party. And my only hard fast political view is this: Freedom is good. (And the Earth is awesome.) The past 10 months my comedy has largely morphed into a mission of upholding freedom. I'm deeply humbled to say I've never received so much support, love, and appreciation from around the world.
And something else you might not know, but probably won't surprise you, is I've never been attacked more. Angry comments online don't phase me in the slightest. Yet things have been taken further.
My family and I have received death threats.
Sponsors have dropped me (on private phone calls they share that they love the messaging, yet don't wanna deal with the rage mobs attacking them because they're associated with me).
There are organized rage mobs actively trying to get the rest of my sponsors to drop me.
Facebook has demonetized me.
I'm still monetized on YouTube, yet you never know when the next upload could get me demonetized or deplatformed.
But with all these symptoms of people being in an angry state of mind (because they're ultimately scared inside), here is my commitment to you. I WILL NOT STOP serving the mission of upholding freedom. Because I think you and I and our children deserve to live in a world where we can have free speech and all other God given freedoms.
Each day I'm putting everything on the line. I'm putting the living I make for my family on the line, simply because it's worth it. I would much rather risk losing everything while serving truth and freedom and have to figure out how to feed my family by picking up cans on the side of the highway than to bow down out of fear and silence myself in order to keep what I've achieved.
I'm not willing to live in the poverty of fear. I'm only willing to live in the riches of bravery. While I'm not perfect, I do my best to be brave every single day during a time when there's never been more social "reward" for succumbing to fear. And I'm guessing bravery speaks to you more than fear does or else you wouldn't be here as an Awakened Warrior insider.
So I deeply want to thank you for standing with me and for something that's greater than all of us put together. Freedom. Alright my Awakened Warrior friend! You'll be hearing from me soon. In the mean time, just know I really appreciate you being connected with me and standing with me. And I hope you do something to make yourself laugh today!"
Musical Interlude: Ludovico Einaudi, "Lady Labyrinth & Nightbook"
"A Look to the Heavens"
"They’re Coming After Trump"
"The House of Representatives introduced an impeachment article against President Trump today, charging him with “incitement of insurrection” after crowds stormed the Capitol last Wednesday following his speech. If it goes forward, Trump would be the only president in history to be impeached twice.
House Speaker Nancy Pelosi said she is giving Vice President Mike Pence 24 hours to invoke the 25th Amendment to remove Trump. If he doesn’t, the House is expected to vote on the impeachment resolution later this week, possibly as soon as Wednesday.
Should the House vote to impeach, the resolution would go to the Senate. A two-thirds Senate majority would be required to convict and remove Trump from office. That would require the support of many Republican senators. But the Senate is currently in recess, and current Senate Majority Leader Mitch McConnell has said he won’t call the Senate back into session until January 19 - just one day before Trump leaves office.
So Trump would be out of office by the time a Senate trial could take place. Besides, the Constitution only refers to impeaching “the president” - not a former president, which Trump would be. But, Trump would be impeached while still president if it happens before January 20. The trial in the Senate and punishment would take place later, but scholars agree this is probably constitutional. This procedure has been used before for Federal judges, so there is precedent.
"It Shouldn't Be A Bragging Point..."
"One of the Greatest Economic Blunders in History"
"Covid-19 Pandemic Updates 1/11/21"
Every day, our volunteers compile the latest numbers on tests, cases,
hospitalizations, and patient outcomes from every US state and territory.
- https://covidtracking.com/
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