If you think there’s something a bit curious about a frothy and pricey stock market existing simultaneously with a global pandemic, Depression-level unemployment, GDP and corporate earnings collapse, freeze-up in world trade, riots by anarchist mobs, devastation of small businesses, and corporate bankruptcies, you might just be thinking that we’re seeing a classic asset bubble blown by the injection of unprecedented amounts of “money” created out of thin air by central banks.
One characteristic of financial bubbles, particularly in their late stages, is a massive pile into the market by small “retail investors”, who bet their modest savings in the belief that “stocks only go up” and “this time is different”. Another sign of a bubble is the emergence of financial gurus, often with unusual backgrounds, proclaiming this “new wisdom for a new era” to their enthusiastic followers.... [Read More]
HARRISBURG, Pa. (WHTM) — State Representative Daryl Metcalfe (R-Butler) and 24 co-sponsors introduced House Resolution 915, Tuesday afternoon, calling for the impeachment of Gov. Tom Wolf.... [Read More]
Many denizens of Ratburger will be familiar with ZeroHedge — a financially-oriented website that buries occasional gems of information in a wide sea of anti-Western propaganda with possible Russian & Chinese connections. But it is worth taking the time to look at this ZeroHedge post:
If you have an hour and forty-five minutes to spare, here is a concentrated dose of investment wisdom from Warren Buffett, CEO of Berkshire Hathaway (BRK.A:NYSE), at their annual meeting on 2020-05-02.
The film Planet of the Humans, directed by Jeff Gibbs and backed and promoted by Michael Moore, has been released for free on YouTube. Those plugged into The Happening World by joining the SCANALYZER group learned of this hours ago, but here’s an announcement for a wider audience.
Due to the need to evict an unsatisfactory tenant last autumn, I purchased all his livestock, which comprised six tups (rams) of various breeds and over a hundred ewes in lamb. Hired professional shepherds to manage, not least because I was already committed to take part in two six-week field seasons in Cairo between mid-October and 1 March. The inside of the large shed, normally dedicated to farm machinery, was converted to a livestock (sheep and ponies) management and emergency lambing facility. I arrived home on 28 February and lambing started on 9 March. Most lambings were uneventful, with only a few cases where due to severe weather or distressed ewes or lambs we brought affected animals into the shed pens for warmth and closer monitoring. We did have a case of a ewe preferring life outside the pen and requiring more stringent measures.