Wednesday, July 15, 2020

Notes From All Over -- Nothing About The Bakken -- July 15, 2020

Mideast on the brink: tracked at the sidebar at the right. Within that link, a sub-line: "Israeli target practice" has been added for the "mysterious events of 2020." Mysterious, LOL. Today we add an update: seven boats catch on fire at shipyard nearest Iran's only nuclear power plant. Links everywhere I assume.

The problem with falling in love with one's holdings. One of Warren Buffet's favorite holdings -- from CNN Business  --
Wells Fargo has gone from one of America's strongest big banks to easily the weakest. 
For years, Wells Fargo's laundry list of scandals and legal problems had only a fleeting impact on its once-monstrous bottom line. That is no longer the case. 
Wells Fargo (WFC) is the only major lender during the pandemic to lose money -- its first loss since the 2008 financial crisis. And that red ink was driven in large part by the crushing penalties imposed two years ago by the Federal Reserve for abusing customers. 
Wells Fargo is such a mess that it's being forced to slash its coveted dividend. During the Great Recession, Wells Fargo was so strong that it was among the last of the banks to touch its dividend. Today, it's the first.
Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

AAPL: BofA raises AAPL price target to $410/share.

Philadelphia: no NFL for at least a year. Memo to Philadelphia Eagles. Previously posted. Sort of.

Tesla: to shut down factory in Fremont for improvements.

RBG: back home.

Dak Prescott: Cowboys, miss deadline.

Portland: Portland demonstrators are focusing on "Federal" building in downtown Portland.
The Portland mayor says the best thing the federal government could do would be to leave downtown Portland. The Portland mayor was also upset that graffiti had not yet been cleaned of federal building in downtown Portland.

I wish Trump would announce that the Federal government is re-locating the Portland federal building outside of Oregon, and they will raze the downtown Portland federal building. Oregonians requiring passports/visas, etc., can do it all by mail with out-of-state Federal facilities. This is not rocket science.
Grillin' time: a Minnesota reader sent this link to local grocery store ad -- t-bone steak at $6.99 / lb.

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