Word of the day: chiasmus.
From a reader:
Phony money, says a reader. I don't understand it enough to comment. I will study it, maybe comment on it later. Regardless, traders don't seem to care. Over at zerohedge. But seeing that it's on zerohedge suggests a bit of hyperbole.Boris says "chiasmus"Trump says "Pocahontas"Two wildly coiffed leadersStirring up a big fuss
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Save Our Ship
Boeing with an SOS; weighs suspending the 737 MAX. WSJ.
Europe with an SOS: EU needs NASA's help getting Mars mission off the ground.
McDermott with an SOS: receives a delisting warming.
OPEC with an SOS: price spike will be short-lived.
Disclaimer: this is not an investment site. Do not make any investment, financial, career, travel, job, or relationship decisions based on what you read here or think you may have read here.
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Recession Fears! Fears, Yes. Recession, Probably Not.
Recession is just around the corner:
- BofA says market is primed for a "melt-up" in 1Q20.
- UNP: up $3.09, up 1.75%, trading at $180.12; set a 52-week high earlier this morning at $180.82, which might be an all-time high;
- AAPL: up an incredible $4.55; up 1.67%; trading near $280/share
Amazon threat: Amazon sees surge in shipments. Threatens FedEx, UPS. If the latter two are threatened, USPS is really threatened. We went to post office over weekend to mail packages. Dead. Nothing going on. First e-mail kills the US post office; now Amazon killing the others. So why would Amazon threaten FedEx, UPS, USPS? Won't folks use all four shippers? Nope. Amazon undercutting shipping costs so much FedEx will be left with priority flats sent by business. UPS? Same thing. In addition, their old, clunky, huge "brown trucks" must be hard on fuel; look antiquated compared to new, snazzy, snappy Amazon vans.
Bernie's world: Venezuela's refugee crisis will surpass that of Syria; said to be "largest in history." Probably hyperbole. There have been some huge diasporas in the past. Venezuela should be the richest country (per capita) in the world. The refugee crisis that will exceed Venezuela's? Mexico, when it implodes. The southern surge will be measured in Betos. Link: https://www.breitbart.com/national-security/2019/12/13/study-venezuelas-refugee-crisis-to-surpass-syria-largest-in-modern-history/?fbclid=IwAR1L644MAy4A-ZPdeeLJUxwBz0sXvbCqCxbi1w6DJulK78v9TEFhr5DRXIw.
Apple: Tim Cook's dinner with the president paid off. Chinese tariffs could have cost Apple $150/iPhone this holiday season.
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