Category Archives: Uncategorized

John Tuld: “If you’re first out the door, that’s not called panicking.”

“Margin Call” is a 2011 film that follows the key people at an investment bank, over a 24-hour period, during the early stages of the financial crisis. Written and directed by J.C. Chandor, we learn from the firm’s CEO, “John Tuld” (played by Jeremy Irons) that successfully running a banking business can come down toContinue reading “John Tuld: “If you’re first out the door, that’s not called panicking.””

Manchurian Candidate Update

“With Joe Biden’s ‘irregularity-filled’ election win all but assured (unless the Trump campaign can pull off several upset legal victories), we now turn our attention back to the Biden family’s ties to Russia and China – a narrative which the MSM will attempt to suffocate out of existence – particularly if Republicans (and their investigative committees) loseContinue reading “Manchurian Candidate Update”

Get Woke Go Broke

“Last week’s Sunday Night Football Patriots vs. Ravens game – featuring two of the best quarterbacks in the league and arguably the best coach in NFL history – saw its ratings collapse 31% over last year’s Week 10 game.” Progressive “values” bad for business? Sure seems that way. https://www.zerohedge.com/political/nba-finals-game-2-ratings-collapse-68-all-time-low

She Blinded Me With Science

What is “the science?” As a physicist, I was taught it’s what the peer-reviewed literature reports – data, validated models, debates, contexts, constraints, maybes. It’s always taken with skepticism knowing someone is likely to come through the door with a better rationale for a difference point of view. “The science” is a never-ending debate. AnContinue reading “She Blinded Me With Science”

Zombie Apocalypse

With interest rates at subatomic levels, “zombie” companies continue to defy the laws of physics. As discussed in ZH below, “it started in December 2017, when the IMF published a blog discussing the “Walking Debt: China’s Zombies” (a topic we first covered in October 2015 in “More Than Half Of China’s Commodity Companies Can’t PayContinue reading “Zombie Apocalypse”

Powell’s Case

“We are about to witness the most high stakes court battle in the history of the United States.  Yes, the outcome will determine whether Donald Trump or Joe Biden wins the presidency, but even more importantly the integrity of America’s elections is about to be put on trial.  If fraud can be proven, extremely expensiveContinue reading “Powell’s Case”

Retail Results

October retail is for the sixth month in a row, but just barely. Retail sales up a seasonally adjusted 0.3% MoM v.0.5% expectations, and short the 1.6% gain in September. The losers include grocery-store sales (down 0.4%), bar and restaurant receipts (down 0.1%), and both sporting goods and clothing sales (down 4.2%). MoM winners include non-store retailersContinue reading “Retail Results”