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Category Archives: Business, Industry and Finance
Market Bounces Back, Sorta
by Jack The stock market recovered some of it’s losses today from yesterdays dramatic 2000 point plunge, but we’re not out of the weeds yet. Typically, when we see the market go into gyrations like this it signals a down … Continue reading
Posted in Business, Industry and Finance
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Stocks Plummet Like It Was 1929
by Jack Today’s 2000 point drop in the stock market was very predictable given the gyrations last week over the corona virus and the squabble between the Saudi’s and the Russians over crude prices. But, the bargain hunters are … Continue reading
Posted in Business, Industry and Finance
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Market Update Worth Reading
posted by Jack Bloomberg News: Stocks are bouncing back from their worst sell-off since December 2018, but economist Dennis Gartman is warning that this is not a dip worth buying. Equities are “egregiously” over-valued relative to measures such as sales, … Continue reading
Many Deaths Predicted by Health Experts
Posted by Jack “Leading US health experts reportedly predicted in October that a new coronavirus could kill up to 65 million people in a year — in a warning issued three months before the recent outbreak in China.” Gulfnews. … Continue reading
Yeeehaw – Trump Delivers
Posted by Jack “WASHINGTON (AP) — Standing before a Congress and nation sharply divided by impeachment, President Donald Trump used his State of the Union address Tuesday to extol a “Great American Comeback” on his watch, just three years after … Continue reading
American Industry at its Finest
by Jack The Army Corps of Engineers said it couldn’t be done, but even if it could it would be cost prohibitive. So, their answer was essentially to just give up and don’t do anything. But, thankfully private industry … Continue reading
Moving Out
Posted by Jack California is the great role model for America, particularly if you read the Eastern press. Yet few boosters have yet to confront the fact that the state is continuing to hemorrhage people at a higher rate, with … Continue reading
RENT CONTROL!
by Jack CA democrats fervently pushed for rent control last year, but they failed. Now it looks like Oregon will actually do it. It’s passed the Oregon senate and the governor said she will sign it. In large measure … Continue reading
Suing PG&E Over Fires
by Jack PG&E is a public utility company, meaning their rates are regulated by the government. About 10 years ago they tried a free floating price on energy, but the State of California and PG&E quickly found out, that you … Continue reading
Update – China Tariffs
Posted by Tina President Trump’s effort to gain a greater balance with China on trade is working well so far despite the absence of a signed trade agreement. Some economists feared that American consumers would pay a high price for … Continue reading