The Political Page, Part II, T+193 -- August 1, 2017

This is the real reason why the market is hitting all-time highs. Wall Street finally realizes that "we" are still all here -- not wiped out or under water due to global warming, or freezing due to the new Ice Age.

From investorvillage, five global warming prognostications that were somewhat off the mark:

• New York Times: polar explorer predicts end of ice at the North Pole, 1969
• Algore: only ten years left to avoid total disaster (2006)
• New York Times (again): new ice age on the way (1975)
• UN: entire nations could be wiped off the face of the year (1989)
• Algore: the final "snows of Kilimanjaro" (2006)

And the list is hardly getting started.