Wednesday, February 24, 2021

Odds and Ends: February 2021

The two biggest things that happen in the 2cd month is the Super Bowl and the Chinese New Year. This year, Tom Brady found a team to give him another ring. Tom's wins are so like the market. They defy the obvious. Let me recap. Tom came onto the scene when the New England starter got hurt. In the snow filled playoff game against Oakland, he was stacked and striped of the ball. Turnover! No! Wait! The refs made a change to the football rules: the Tuck Rule. No fumble. New England wins, not because of Brady. It was due to a clutch, unbelievable game winning field goal. The US stock market functions the same way. The news says 798,000 workers filed for unemployment. The market rises. Why, you ask? Because the shills expected over 800K. A firm reports less revenue and they will layoff workers. The stock rises due to costs cuts. The shills scream, "Things are better!" Every year the market gives new bullshit on why it rises. This correlates to Tom's Super Bowl wins. Every win is questionable under common sense. Why did a running team like Seattle try to pass from the two yard line after making a first down? And they had a running QB for a boot leg play? Why did the Falcons try to pass after Julio made an incredible catch for a first down and all Atlanta had to do was run out the clock? And of course the refs always come to Tom's aid. He will get a pass interference call or an offside call to keep the ball. The market has its questionable refs too. The Fed is the ref. It provides money by offering negative rates. By that I mean interest rates that are below the rigged, phony inflation line. If interest rates were just 3.5%, the market would implode. What does that say about the market? What does that say about the Fed's engineering of the economy? This all leads to the question. Is the NFL fixed? Is the market rigged? As for the Chinese New Year, the year of the OX is suppose to be great for the white metal (read silver). We'll see, says the blind man.  

Did You Know...

that the Geneva Convention still decides who runs Libya - 10-years after Gadhafi was deposed?

Get Your Ticket!

Space X plans to conduct its first private flight this October. On board will be a 29-year old American, Hayley Arceneaux. She has a prosthetic body part. The mission could show that ordinary people could fly to space. Of course, you want to get in better shape. They plan on buying this...

Want to Exercise?

Don't count on getting a Peloton to do it. The firm cannot get parts due to supply chain problems. Maybe this supply chain problem is the reason why the government cannot get the vaccine into distribution points and into arms? Why, you ask? Because the pandemic is a global problem. Governments are not telling the truth so the public won't panic. Everyone is buying time.  

Clue to Market's Rally

We all realize that the friendly Fed and government stimulus have added to push the market higher in spite of all the negative news. Another point is the effect of all the buybacks. There is less stock to purchase. However, the overlooked reason is that there is less firms in the market. For the  first time in history there is more money chasing less product. Nevertheless, we still feel it will end badly.

One reason is American firms are not spending on product development, basic research. Case in point: Have you noticed all the advertisement on TV by AT&T or Verizon? They push the 5G network system, but neither of the two biggest American firms developed the system. They have to purchase it from a Chinese, Swedish or Norway company. Then, there is this other observation from TV adds, medical. One can only conclude with the huge volume of adds that Americans are very, very sick nation. 

Beat a Dead Horse

This is exactly what the Democrats are doing. Trump has been acquitted again, but these phony, hypocrites, keep hitting this dead issue. They wasted four years screaming the word, "Impeachment!" at Trump. Ironically, the one thing that he did that was impeachable failed. Why, you ask? Because by yelling wolf all the time, the one time that it was true, it got ignored. Meanwhile, the nation is four more years behind in manufacturing, four more years behind in data security (read hacks happen everyday) and now, we have the pandemic which is crushing our low-paying service economy. But, the mean spirited, despicable Democrats want to continue to go after Trump. Now, they want a special commission like the 911 Commission to look into the riot at the Capital. Nothing like causing division between the two political parties, and then, saying, we want unity. We want help for Americans. We want a stimulus bill!

ROVER ON MARS!

NASA pulled off an incredible, engineering feat. To travel over 128 million miles or over 206 million km (for our European friends) and land an ATV to explore the surface is legendary. NASA says, "It will explore a crater to see if it contained water or other form of life as we know it." I say the whole thing is a waste of time, talent, resources and money. The crater was probably formed by a crashing asteroid or a piece off of a comet. As the ice melted, a lake was formed before it evaporated - end of story. 

What we really need...

Is to put those smart, talented people to develop a true internet protection. If anyone attempts to send you something over the internet and it contains some type of malware or other hacking virus, your computer security will immediately read the code and notify you to delete this and to block this IP address, app or other inducement in any future dealings. That would make life better for everyone and to me that is promoting the general welfare. We won't find that on the Red Planet. The name invokes nothing positive - God of War. NASA has its roots in ego that began during the Cold War. We don't have to prove anything. The Russians and Chinese would be fools to think that if our backs is to the wall that we could not create an answer to their madness. The Yankees don't have to win every year, but we all know that they are the best. Science and space have a place, but more importantly is the here and now. We don't have to search for water, We have it here, but we need to keep it clean as well as our air, safe food and roads and most of all, peace. Take care, peace.