Wednesday, December 9, 2020

Notes From All Over -- Very, Very Quiet -- December 9, 2020

NYC fee on Amazon deliveries: NYC is considering adding a $3-fee to all package deliveries. The money raised will be used to support the MTA -- subways and buses, public transportation. USPS would, of course, likely be exempt based on federal law. If so, UPS and Fedex put at great disadvantage. 

Newsmax TV rising. Scores a ratings win over Fox News for the first time ever. Link here.

Bitcoin: JPMorgan -- huge flip-flop. A huge stumble by Jamie Dimon.

Bloom Energy: biggest dud of the decade? Story over at The WSJ.

BLM: SNF, Week 13,  ratings crash 20%, continuing season-long decline. Most of the other games were also down in Week 13 with the late CBS game off 13 percent and 12 percent, and Fox’s single-game off an even worse 30 percent and 27 percent. However, the early CBS game was comfortably up 21 percent in the ratings and 23 percent in viewers.

Fake meme: individual retail investors driving the market ever higher. What a bunch of baloney. The market is driven by computers, algorithms, AI. Exhibit A: today the Dow opened up a  hundred points continuing a huge run, and then an hour later, goes negative. Individual retail investors did not -- all of a sudden -- change the direction of the market. 

2 comments:

  1. Had several "Bloom boxes" at Google. The HQ is built on a landfill which provides a steady supply of methane for them. They were there before i joined in 2010 so it had been awhile.

    ReplyDelete
    Replies
    1. Like so many things, the idea and the concept is brilliant, but somehow just doesn't take off.

      Delete

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