investmentwatchblog--2020-10-01--SCIENCE, UNSETTLED: Is The Dominant, Mutated Coronavirus Strain More Infectious? Experts Can’t Agree

SCIENCE, UNSETTLED: Is The Dominant, Mutated Coronavirus Strain More Infectious? Experts Can’t Agree.

No pathogen on Earth is being more closely monitored than the coronavirus .
Scientists have been regularly collecting and genetically sequencing samples of the virus to track how it ’ s changing .
Over time , that monitoring has revealed , one version became more prevalent than the rest : a strain with the mutation dubbed D614G .
According to a new , preliminary study from researchers at Houston Methodist Hospital , that mutated strain was responsible for nearly every COVID-19 infection there this summer , during in Texas ’ second peak of infections .
James Musser , the senior @ @ @ @ @ @ @ that means the mutated strain which contains the amino acid glycine , or G is more transmissible than the original .
“ There ’ s a preponderance of evidence that there ’ s biologically something different in G variant organisms , Musser told Business Insider .
“ It more readily infects.
” His research is the latest in a string of studies suggesting coronaviruses with the D614G mutation are more contagious than their genetic predecessors .
But many other scientists question that conclusion .
“ The study provides more evidence for what we @ @ @ @ @ @ @ it ’ s the most common variant , ” Emma Hodcroft , a geneticist at the Nextstrain project , told Business Insider .
“ That doesn ’ t mean the virus is effectively mutating.
” Hodcroft ’ s team has tracked the coronavirus ’ genetic changes since the start of the pandemic , and she said they have yet to identify a mutation that would meaningfully change how infectious or lethal the virus is .

No pathogen on Earth is being more closely monitored than the coronavirus.
Scientists have been regularly collecting and genetically sequencing samples of the virus to track how it’s changing. Over time, that monitoring has revealed, one version became more prevalent than the rest: a strain with the mutation dubbed D614G.
According to a new, preliminary study from researchers at Houston Methodist Hospital, that mutated strain was responsible for nearly every COVID-19 infection there this summer, during in Texas’ second peak of infections.
James Musser, the senior author of the new research, thinks that means the mutated strain which contains the amino acid glycine, or G is more transmissible than the original.
“There’s a preponderance of evidence that there’s biologically something different in G variant organisms, Musser told Business Insider. “It more readily infects.”
His research is the latest in a string of studies suggesting coronaviruses with the D614G mutation are more contagious than their genetic predecessors.
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But many other scientists question that conclusion.
“The study provides more evidence for what we already know about this mutation: That it’s the most common variant,” Emma Hodcroft, a geneticist at the Nextstrain project, told Business Insider.
“That doesn’t mean the virus is effectively mutating.”
Hodcroft’s team has tracked the coronavirus’ genetic changes since the start of the pandemic, and she said they have yet to identify a mutation that would meaningfully change how infectious or lethal the virus is.
www.sciencealert.com/the-second-wave-of-coronavirus-is-still-the-same-strain-from-the-start-of-the-year


investmentwatchblog--2020-10-01--Biden’s Campaign Speech in OH, LOL at What Happened

Never ever think that God is not at work in subtle ways and has a sense of humor at the @ @ @ @ @ the very name “ Trump ” ?
Even his sign cant sit through his speech @ @ @ @ @ .
Watch the print in the bottom left corner of the sign .
It changes @ @ @ @ @ an omen as clear as day .
How original Joe , “ Build Back Better @ @ @ @ @ from the UN…

Love the following comments:
Never ever think that God is not at work in subtle ways and has a sense of humor at the same time. What about the very name “Trump”?
Even his sign cant sit through his speech
Dude. At 12 seconds. Watch the print in the bottom left corner of the sign. It changes!!
God has a wicked sense of humor
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Lol yes sir an omen as clear as day.
Utterly prophetic.
How original Joe, “Build Back Better”, is that stolen from the UN…
www.un.org/en/un-chronicle/un-75-now-time-“build-back-better
h/t NotStarvingActress


investmentwatchblog--2020-10-01--Joe Biden will raise taxes on people making under $400,000

Biden in the debates : I will lower taxes .
I ’ ll make the corporate taxes 28 % , @ @ @ @ @ 21 % .
The gross incompetence over what “ corporate ” means , explains most @ @ @ @ @ I ’ m self employed , that ’ s corporate .
My brother owns a @ @ @ @ @ , that ’ s corporate .
Yet these morons think corporate means Walmart sized companies @

Joe Biden will raise taxes on people making under $400,000.
You do not want to believe that?Watch Biden say it himself: t.co/lUrEuQqWVq — Grover Norquist (@GroverNorquist) September 30, 2020
Biden in the debates: I will lower taxes. I’ll make the corporate taxes 28%, it shouldn’t be 21%.
The gross incompetence over what “corporate” means, explains most of our economic issues. I’m self employed, that’s corporate. My brother owns a small business with 3 employees, that’s corporate. Yet these morons think corporate means Walmart sized companies.
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h/t MindsetRoulette


investmentwatchblog--2020-10-01--VIDEO: “Issac: I voted Democrat all my life… I realized that Democrats are not really for the people

VIDEO : “ Issac : I voted Democrat all my life… I realized that Democrats are not really for the @ @ @ @ @ Bernie Sanders addresses his own supporters who say they ’ re not going to vote @ @ @ @ @ Please understand , our very democracy is at stake in this election.
” pic.twitter.com/n8Rc5OqMVN

VIDEO: “Issac: I voted Democrat all my life… I realized
that Democrats are not really for the people” #YouAintBlack
Related:
www.youaintblack.com/
Sen. Bernie Sanders addresses his own supporters who say they’re not going to vote for Joe Biden.
“Please understand, our very democracy is at stake in this election.” pic.twitter.com/n8Rc5OqMVN
— Leslie Salzillo (@lovecomesaround) September 30, 2020


investmentwatchblog--2020-10-01--Hollywood celeb John Cusack announces he will no longer speak to anybody who doesn’t HATE TRUMP’S GU

Hollywood celeb John Cusack announces he will no longer speak to anybody who doesn’t HATE TRUMP’S GUTS – that includes all friends, family..

Taking Trump Derangement Syndrome to a whole other level !
John Cusack has said he will no longer speak to @ @ @ @ @ are not “ aggressively anti-Trump ” .
The actor , who has been vociferous in @ @ @ @ @ , told his Twitter followers he is “ blocking anyone ” who is not working @ @ @ @ @ the White House in November .
“ I ’ m sure you ’ ve all @ @ @ @ @ family co workers – or friends , ” he added .
“ Those who can @ @ @ @ @ to see what [ Trump ] is , we are done talking – permanently.
” @ @ @ @ @ , no time for your BS.
” I ’ m sure you ’ ve all @ @ @ @ @ family co workers – or friends .
Those who can not see or choose not @ @ @ @ @ – we are done talking – permanently

Taking Trump Derangement Syndrome to a whole other level!
John Cusack has said he will no longer speak to friends and family members who are not “aggressively anti-Trump”.
The actor, who has been vociferous in his criticism of the president, told his Twitter followers he is “blocking anyone” who is not working hard to remove Trump from the White House in November. We are primarily funded by readers. Please subscribe and donate to support us!
“I’m sure you’ve all been through it with some family co workers – or friends,” he added. “Those who cannot see or choose not to see what [Trump] is, we are done talking – permanently.”
He continued: “Sorry, no time for your BS.” I’m sure you’ve all been through it with some family co workers – or friends.
Those who cannot see or choose not to see what trunp is – we are done talking – permanently — John Cusack (@johncusack) September 29, 2020 www.independent.co.uk/arts-entertainment/films/news/john-cusack-anti-trump-friends-family-us-election-joe-biden-bernie-sanders-b716406.html


investmentwatchblog--2020-10-01--No V-shaped Recovery For CMBX-8 (At 72.2)

While the US economy is experiencing a V-shaped recovery , the CMBX-8 reference index for CMBS is still declining after @ @ @ @ @ What is the collateral behind CMBX-8 ?
Retail and office are the leading property types @ @ @ @ @ loans are with the special servicer ( 11.0 % if you take defeased loans out @ @ @ @ @ 21.0 % of the loans are on servicer watchlist ( 22.9 % without defeased ) @ @ @ @ @ rising again ?
Governors and mayors have to stop the US economic lockdown .
Here @ @ @ @ @ behind CMBX 8 .
The two largest are office loans .

by confoundedinterest17
While the US economy is experiencing a V-shaped recovery, the CMBX-8 reference index for CMBS is still declining after an increase in June.
What is the collateral behind CMBX-8? Retail and office are the leading property types.
We are primarily funded by readers. Please subscribe and donate to support us!
10.1% of the loans are with the special servicer (11.0% if you take defeased loans out of the denominator) while 21.0 % of the loans are on servicer watchlist (22.9% without defeased).
How can CMBX-8 start rising again? Governors and mayors have to stop the US economic lockdown.
Here are the 10 largest loans behind CMBX 8. The two largest are office loans.


investmentwatchblog--2020-10-01--Obama knew. Clinton knew. Biden knew. Comey knew. Brennan knew. McCabe knew. Strzok knew. Clapper kn

Obama knew. Clinton knew. Biden knew. Comey knew. Brennan knew. McCabe knew. Strzok knew. Clapper knew. Rosenstein knew. FBI knew. DOJ knew. CIA knew. State Dept knew. They all knew–Tom Fitton

Obama knew .
Clinton knew .
Biden knew .
Comey knew .
Brennan knew .
McCabe knew .
Strzok knew @ @ @ @ @ knew .
FBI knew .
DOJ knew .
CIA knew .
State knew .
They @ @ @ @ @ innocent but they smeared and spied on him .
Worst scandal in our nation 's @ @ @

Obama knew. Clinton knew. Biden knew. Comey knew. Brennan knew. McCabe knew. Strzok knew. Clapper knew. Rosenstein knew. FBI knew. DOJ knew. CIA knew. State knew. They all knew @RealDonaldTrump was innocent but they smeared and spied on him. Worst scandal in our nation's history. t.co/X2vCGLVAeH
— Tom Fitton (@TomFitton) September 29, 2020


investmentwatchblog--2020-10-01--Wake Up World ! Nations need to address the terrible crimes China has committed!

The CCP ’ s Three Morality Crimes That the World Has Yet to Address The COVID-19 pandemic served as a wake-up call to the world .
As a result , the United States and the Western world have gained a better understanding of the true nature of the Chinese Communist Party ( CCP ) and therefore have started to go after it for its crimes : from imposing “ one country , one system ” on Hong Kong to persecuting Uyghurs in Xinjiang ; from proliferating nuclear technology and providing financial support to Iran to violating consumer privacy on software @ @ @ @ @ @ @ but inexorable appropriation of other ’ s land to the complete disregard for keeping its word .
However , the world has not yet taken material , decisive action against the CCP for three of its major crimes against humanity .
These crimes violate human morality so significantly that if we don ’ t act on them and if we continue to look the other way , then we of the human race will continue to live in a broken moral container under the CCP ’ s shadow .
In addition , religious @ @ @ @ @ @ @ before our Creator and tell Him we have been following His Way .
The first crime is the CCP ’ s treating the organs of living human beings as fertile ground for harvesting .
Many of the victims are prisoners of conscience that the CCP wants to eliminate , with Falun Gong practitioners being the primary target , and Uyghurs being the second .
Who knows what other groups the CCP will pick next ?
The Western media seldom report this crime , but that does not mean this crime hasn ’ t @ @ @ @ @ @ @ Chinascope reported a recent “ unbelievable ” case in which , in order to conduct a heart transplant , Chinese doctors collected four hearts within ten days .
All had the matching type and all were “ readily available ” in time .
Then the communist regime applauded itself for saving a life .
{ 1 } The Europe Parliament , the U.S. Congress , and many organizations have condemned the CCP ’ s organ harvesting practice .
The most recent significant development on this issue was the China Tribunal in London which @ @ @ @ @ @ @ its Final Judgment on June 17 , 2019 .
{ 2 } Yet , no government has taken concrete action against the CCP for this crime .
However , this crime has dramatically subverted human being ’ s ethical integrity in a way that we can not ignore .
Nor can we pretend it has not happened .
China has got a pass for way too long , not only for the vile actions against its own people , but against actions that have negatively impacted people in other , weaker countries , @ @ @ @ @ @ @ accept China ’ s ruining their local markets , their local economies , their own moral codes .
But dumping slave labor goods into domestic economies , not only have a countries markets been trashed , but the entire world has been forced to submit to either accept the ruin of their own nation ’ s manufacturing economy or introduce their own slave labor products in order to compete .
Here in the US it has been allowing prison labor into their economy .
Governments have acquiesced to China ’ s enticements and @ @ @ @ @ @ @ and abandoning any existing moral codes in order to take advantage of cheap goods .
Only now are countries beginning to take China to task for the horrifying practice of organ harvesting from prisoners of conscience .

The CCP’s Three Morality Crimes That the World Has Yet to Address
Chinascope
The COVID-19 pandemic served as a wake-up call to the world. As a result, the United States and the Western world have gained a better understanding of the true nature of the Chinese Communist Party (CCP) and therefore have started to go after it for its crimes: from imposing “one country, one system” on Hong Kong to persecuting Uyghurs in Xinjiang; from proliferating nuclear technology and providing financial support to Iran to violating consumer privacy on software and equipment, and from the slow but inexorable appropriation of other’s land to the complete disregard for keeping its word.
However, the world has not yet taken material, decisive action against the CCP for three of its major crimes against humanity. These crimes violate human morality so significantly that if we don’t act on them and if we continue to look the other way, then we of the human race will continue to live in a broken moral container under the CCP’s shadow. In addition, religious practitioners will not be able to stand before our Creator and tell Him we have been following His Way.
The first crime is the CCP’s treating the organs of living human beings as fertile ground for harvesting. Many of the victims are prisoners of conscience that the CCP wants to eliminate, with Falun Gong practitioners being the primary target, and Uyghurs being the second. Who knows what other groups the CCP will pick next?
The Western media seldom report this crime, but that does not mean this crime hasn’t happened or is not still happening. Chinascope reported a recent “unbelievable” case in which, in order to conduct a heart transplant, Chinese doctors collected four hearts within ten days. All had the matching type and all were “readily available” in time. Then the communist regime applauded itself for saving a life. {1}
The Europe Parliament, the U.S. Congress, and many organizations have condemned the CCP’s organ harvesting practice. The most recent significant development on this issue was the China Tribunal in London which confirmed the CCP’s practice in its Final Judgment on June 17, 2019. {2}
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Yet, no government has taken concrete action against the CCP for this crime.
However, this crime has dramatically subverted human being’s ethical integrity in a way that we cannot ignore. Nor can we pretend it has not happened.
chinascope.org/archives/24571
China has got a pass for way too long, not only for the vile actions against its own people, but against actions that have negatively impacted people in other, weaker countries, as the CCP has bullied them to accept China’s ruining their local markets, their local economies, their own moral codes.
But dumping slave labor goods into domestic economies, not only have a countries markets been trashed, but the entire world has been forced to submit to either accept the ruin of their own nation’s manufacturing economy or introduce their own slave labor products in order to compete. Here in the US it has been allowing prison labor into their economy.
Governments have acquiesced to China’s enticements and bullying by quietly accepting slave labor, and abandoning any existing moral codes in order to take advantage of cheap goods. Only now are countries beginning to take China to task for the horrifying practice of organ harvesting from prisoners of conscience.
h/t Lily


investmentwatchblog--2020-10-01--PROXY WAR? Armenia claims that Azerbaijan has handed over command of its air force and its operation

PROXY WAR? Armenia claims that Azerbaijan has handed over command of its air force and its operations to Turkey.

We ’ re already in the early stages of WW3 and there is no turning back now .
Most people @ @ @ @ @ it yet because most of it has been covert and behind the scenes .

#UPDATE: #Armenia claims that #Azerbaijan has handed over command of its air force and its operations to #Turkey. t.co/TXpyLfH7JJ — World Events Live (@IdeologyWars) September 30, 2020
We’re already in the early stages of WW3 and there is no turning back now. Most people just don’t realize it yet because most of it has been covert and behind the scenes.
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WW3


investmentwatchblog--2020-10-01--Command and control aircraft & strategic long-range bombers conducted a global mission last night

The E-4 fleet was originally deployed in 1974 , [ 1 ] when it was termed National Emergency Airborne Command @ @ @ @ @ often pronounced “ kneecap ” ) .
The aircraft was to provide a survivable platform @ @ @ @ @ the event of a nuclear attack .
Early in the E-4 ’ s service , @ @ @ @ @ as “ the doomsday planes ” .
[ 5 ] The E-4 was also capable @ @ @ @ @ Glass ” missions of the Strategic Air Command ( SAC ) .
[ 13 ] @ @ @ @ @ survive an EMP with systems intact [ 9 ] and has state-of-the-art direct fire countermeasures @ @ @ @ @ have been upgraded with glass cockpits , tnice peopletill uses traditional analog flight instruments , @ @ @ @ @ to damage from an EMP blast .
[ 10 ]

hmmm, WWIII type exercise.
en.wikipedia.org/wiki/Boeing_E-4
After #Americans went to sleep last night, command and control aircraft & strategic long-range bombers conducted a global mission that SUCCESSFULLY tested our #readiness & integrated capabilities. Great work by everyone involved! #Deterrence #Assurance #CombatReadyForce pic.twitter.com/xd4Fg5i5eY — US Strategic Command (@US_Stratcom) September 30, 2020
The E-4 fleet was originally deployed in 1974,[1] when it was termed National Emergency Airborne Command Post (NEACP) (often pronounced “kneecap”). The aircraft was to provide a survivable platform to conduct war operations in the event of a nuclear attack. Early in the E-4’s service, the media dubbed the aircraft as “the doomsday planes”.[5] The E-4 was also capable of operating the “Looking Glass” missions of the Strategic Air Command (SAC).[13]
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The E-4B is designed to survive an EMP with systems intact[9] and has state-of-the-art direct fire countermeasures. Although many older aircraft have been upgraded with glass cockpits, tnice peopletill uses traditional analog flight instruments, as they are less susceptible to damage from an EMP blast.[10]
en.wikipedia.org/wiki/Boeing_E-4
AT


investmentwatchblog--2020-10-01--US response to Iranian militas in Iraq imminent? Many people think it’s coming

The US pulling non essential troops from the Baghdad embassy seems to me to point to an operation brewing .
@ @ @ @ @ attacks have been in the green zone I ’ m surprised it hasn ’ t @ @ @ @ @ distractions of the Armenian and Azerbaijan war it seems like now is the time

Personally speaking,I think that the US response to provocation of Iranian militas in Iraq is surely around the corner . IT is just a matter of time and slection. — Omar Abu Layla (@OALD24) September 30, 2020
The US pulling non essential troops from the Baghdad embassy seems to me to point to an operation brewing. With how frequent the rocket attacks have been in the green zone I’m surprised it hasn’t happened yet. Add the distractions of the Armenian and Azerbaijan war it seems like now is the time
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A KEY point about tonight's attacks near the US base in Erbil: If you sow the wind, you will reap the whirlwind. Much of this is a direct consequence of unwise US policy around the Kurdish referendum's time when US chose to empower Iran's Qassim Soleimani & his Iraqi stooges. t.co/9EGRGPBvhf — Mohammed A. Salih (@MohammedASalih) September 30, 2020
Seeing a single report regarding an explosion that was heard in Karkh, still UNCONFIRMED#Baghdad #Iraq 🇮🇶 — Aleph א (@no_itsmyturn) September 30, 2020
WW3


investmentwatchblog--2020-09-30--NEW YORK TIMES PROVES IT IS FAKE NEWS: Shreds Years of Its Own Reporting on Trump Tax Fraud and Russ

NEW YORK TIMES PROVES IT IS FAKE NEWS: Shreds Years of Its Own Reporting on Trump Tax Fraud and Russiagate

The NYT ’ s much-heralded exclusive claiming that Trump is “ profiting ” from his presidency despite going “ broke ” during his tenure has more potholes than a New York alley .
You don ’ t have to look any further than at the big breaking story in the NYT this week about the US president ’ s taxes to find a treasure trove of evidence that it really does publish fake news .
In fact , the Times must relish doing so , or it wouldn ’ t have taken years to investigate and then simply rush out @ @ @ @ @ @ @ with fake diamonds right there on the surface for all to see .
Here is the evidence that the paper of record misconstrues raw facts into fake news .
It ’ s demonstrated by the story ’ s internal inconsistencies and the wild leaps of logic that are necessary to take its newly disclosed evidence from Trump ’ s tax documents to where it was hoping the story would lead when it started gathering evidence .
The New York Times says Trump ’ s “ proceeds from fame continued to tumble , falling @ @ @ @ @ @ @ to $ 2.9 million in 2018.
” It uses this statement to claim he “ was in need of financial reinvigoration.
” Then it states , as if it can determine Trump ’ s internal motives from these bare facts , this financial desperation motivated him to run for president .
It must be using some kind of ultra-new math to come up with the timeline-twisting logic to leap from those scant facts about a drop in Trump ’ s wealth in 2017 and 2018 to the conclusion that they must have been @ @ @ @ @ @ @ 2015 .
What ?
The paper ’ s numerical rabbit hole gains even more twists and turns when it tries to use Trump ’ s tax records as evidence for its own longtime claim that he is profiteering from the presidency .
After raising the question , once again , as to whether his businesses benefit from his being in office , the NYT answers its own question in the affirmative , saying “ in some respects.
” It points to the flood of new members joining Trump ’ s Florida resort , @ @ @ @ @ @ @ was even elected , remember – as evidence , stating that his running for president allowed him to pocket millions of dollars more a year from his business .
That ’ s right – it claims he profited from becoming president before the election , oblivious to the fact that it just told us his fortunes after the election fell to $ 10 million in 2017 and then fell another 70 percent to $ 2.9 million in 2018 .
Without even realizing it , the NYT inadvertently proved Trump did exactly as he @ @ @ @ @ @ @ gave up his personal money-making enterprises when he became president , causing his personal annual income to plunge .
The paper notes that Trump ’ s Washington hotel , which opened just as he was elected , has lost more than $ 55 million .
Yet it also claims he has received a financial boost from all those lobbyists , politicians , and foreign officials who pay to stay at his properties or join his clubs .
Again , the numbers just don ’ t add up .
You ’ d expect his @ @ @ @ @ @ @ the White House to be the one from which Trump had profited most , by slotting in reservations from all those people wanting to spend time with him .
Yet the NYT reports that it ’ s been running at a loss throughout his term .
In fact , in trying to prove Trump has lied to the public about his vast wealth , the NYT claims the president paid no federal income taxes in 11 of the 18 years the paper examined .
In 2017 , the year after he was elected @ @ @ @ @ @ @ was only $ 750 .
It even presents graphs that demonstrate how his income has been running increasingly negative since he took up his tenure .
So , in trying to prove Trump is lying about his enormous wealth , the New York Times failed to notice it was undermining its own claim that he ’ s profited immensely from being president .
It ’ s hard to go broke by getting rich .
The NYT goes on to claim that , in recent years , most of Trump ’ s businesses have @ @ @ @ @ @ @ look like he ’ s a loser , in financial terms .
The “ recent years ” it refers to would , of course , are the almost four years in which he ’ s been president .
It even claims that the purportedly profiteering president may actually drown in his own debt as soon as he leaves office .
This , the NYT avers , is why he needs to win another four years – to keep the collection agencies at bay , because who would want to go after a sitting @ @ @ @ @ @ @ We might have guessed the NYT ’ s numbers wouldn ’ t support its claims when it introduced its exposé with the following pathetic justification for not providing evidence , which has been the mainstream media ’ s modus operandi throughout the Trump presidency .
Let ’ s just call it the new journalism of perpetually unidentified sources : “ We are not making the records themselves public , because we do not want to jeopardize our sources , who have taken enormous personal risks to help inform the public.
” This claim @ @ @ @ @ @ @ when does showing copies of someone ’ s tax documents reveal sources ?
There is nothing on most tax records that could give the slightest clue about who handed them over .
Most are boilerplate forms with numbers filled in .
The only informant who might thereby be identified would be his tax accountant , named at the bottom of his Form 1040 , and that would only be a problem if the accountant were the informant .
In that case , just black out the accountant ’ s name , which would @ @ @ @ @ @ @ the accountant is not the one in question here .
It seems extraordinarily unlikely that Trump ’ s accountant would be the source of information about improper tax returns .
So , why hide the actual documents , instead of just redacting any telltale names ?
Could it be that a deeper look at the documents would reveal that they discredit more of the New York Times ’ longstanding claims against Trump than are even revealed by the inconsistencies on the surface and between the lines of the story ?
The NYT even @ @ @ @ @ @ @ s claim that he ’ s withholding his tax docs from the public because he ’ s subject to an Internal Revenue Service audit .
Yet it decries his refusal to show the public his tax returns as other presidents have .
What person under an audit so intense that it ’ s been ongoing for at least four years would display his tax information all over the universe ?
Trump must truly be the Teflon Don to have operated as a major real-estate developer in New York City and – after four @ @ @ @ @ @ @ scrutiny by the world ’ s greatest investigative agencies , such as the FBI and the IRS – still come out of the laundry lint free .
NYC has the reputation of being a place where a developer has to work with the mafia dons to get materials trucked to a project .
How did Trump get everything to come together on his massive projects , and get through all the legal red tape , and still be the kind of person against whom even the FBI – after years of intense investigation @ @ @ @ @ @ @ can not come up with a single allegation ?
After “ an examination of decades of personal and corporate tax records for President Trump and his businesses ” in “ the most comprehensive picture of the president ’ s finances and business dealings to date , ” the NYT found itself pressed to confess in its own story that there appears to be no discovery of legal malfeasance in any information it could turn up .
In fact , it even had to admit that , “ Nor do [ the tax filings @ @ @ @ @ @ @ Russia.
” Darn .
Just when you thought it was on to something that would have made a hot story even hotter , they couldn ’ t find it – just as the Mueller investigation also found no hint of improper relations with Russia .
The NYT reports all these losses on Trump ’ s resort properties right when it would have loved to break a story presenting evidence he was using his golf courses to launder Russian money .
Quite the opposite , in fact , as it claims Trump went broke @ @ @ @ @ @ @ weaker story that slices through the heart of any money-laundering claims .
You can be sure numerous editors and reporters at the NYT pored over every document detail to find any particle they could use to underpin their broad speculations .
However , after four years of investigation by the paper itself , plus by the FBI , the IRS , and New York City ’ s attorney general , all we have , at the end of Trump ’ s first term , is a feature filled with leaps of logic from @ @ @ @ @ @ @ , no sources .
The worst it could come up with is that the president doesn ’ t seem to be making much money from the presidency and used tax write-offs for his expensive coiffure during his television days .
( Apparently , it costs a lot to get that look of a dead red squirrel on top of your head . )
It does list a number of other expensive and questionable tax write-offs too , but while they may be unusual , they ’ re not illegal .
The NYT had @ @ @ @ @ @ @ The filings will leave many questions unanswered , many questioners unfulfilled.
” Indeed .
Good job , guys .
You ’ ve managed to find the most squeaky-clean human being among the millions living and working in New York .
Having spent so much energy for so many years , you ’ ve still come up with nothing but demonstrably fake news right when you needed to come up with something really big to tip the election the way of the Democrats .

by David Haggith
The NYT’s much-heralded exclusive claiming that Trump is “profiting” from his presidency despite going “broke” during his tenure has more potholes than a New York alley.
You don’t have to look any further than at the big breaking story in the NYT this week about the US president’s taxes to find a treasure trove of evidence that it really does publish fake news. In fact, the Times must relish doing so, or it wouldn’t have taken years to investigate and then simply rush out a story that is so obviously littered with fake diamonds right there on the surface for all to see.
Here is the evidence that the paper of record misconstrues raw facts into fake news. It’s demonstrated by the story’s internal inconsistencies and the wild leaps of logic that are necessary to take its newly disclosed evidence from Trump’s tax documents to where it was hoping the story would lead when it started gathering evidence.
The numbers don’t add up
The New York Times says Trump’s “proceeds from fame continued to tumble, falling below $10 million in 2017 and to $2.9 million in 2018.” It uses this statement to claim he “was in need of financial reinvigoration.” Then it states, as if it can determine Trump’s internal motives from these bare facts, this financial desperation motivated him to run for president.
It must be using some kind of ultra-new math to come up with the timeline-twisting logic to leap from those scant facts about a drop in Trump’s wealth in 2017 and 2018 to the conclusion that they must have been the reason he ran for president in 2015. What?
The paper’s numerical rabbit hole gains even more twists and turns when it tries to use Trump’s tax records as evidence for its own longtime claim that he is profiteering from the presidency. After raising the question, once again, as to whether his businesses benefit from his being in office, the NYT answers its own question in the affirmative, saying “in some respects.”
It points to the flood of new members joining Trump’s Florida resort, Mar-a-Lago, in 2015 – before Trump was even elected, remember – as evidence, stating that his running for president allowed him to pocket millions of dollars more a year from his business. That’s right – it claims he profited from becoming president before the election, oblivious to the fact that it just told us his fortunes after the election fell to $10 million in 2017 and then fell another 70 percent to $2.9 million in 2018. Without even realizing it, the NYT inadvertently proved Trump did exactly as he had said he would do: he gave up his personal money-making enterprises when he became president, causing his personal annual income to plunge.
The paper notes that Trump’s Washington hotel, which opened just as he was elected, has lost more than $55 million. Yet it also claims he has received a financial boost from all those lobbyists, politicians, and foreign officials who pay to stay at his properties or join his clubs. Again, the numbers just don’t add up.
You’d expect his fancy Washington, DC property next to the White House to be the one from which Trump had profited most, by slotting in reservations from all those people wanting to spend time with him. Yet the NYT reports that it’s been running at a loss throughout his term.
In fact, in trying to prove Trump has lied to the public about his vast wealth, the NYT claims the president paid no federal income taxes in 11 of the 18 years the paper examined. In 2017, the year after he was elected, it states that his tax bill was only $750. It even presents graphs that demonstrate how his income has been running increasingly negative since he took up his tenure. So, in trying to prove Trump is lying about his enormous wealth, the New York Times failed to notice it was undermining its own claim that he’s profited immensely from being president. It’s hard to go broke by getting rich.
The NYT goes on to claim that, in recent years, most of Trump’s businesses have become loss makers just to make him look like he’s a loser, in financial terms. The “recent years” it refers to would, of course, are the almost four years in which he’s been president. It even claims that the purportedly profiteering president may actually drown in his own debt as soon as he leaves office. This, the NYT avers, is why he needs to win another four years – to keep the collection agencies at bay, because who would want to go after a sitting president?
No source, of course
We might have guessed the NYT’s numbers wouldn’t support its claims when it introduced its exposé with the following pathetic justification for not providing evidence, which has been the mainstream media’s modus operandi throughout the Trump presidency. Let’s just call it the new journalism of perpetually unidentified sources:
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“We are not making the records themselves public, because we do not want to jeopardize our sources, who have taken enormous personal risks to help inform the public.”
This claim of protecting sources stretches thin. Since when does showing copies of someone’s tax documents reveal sources? There is nothing on most tax records that could give the slightest clue about who handed them over. Most are boilerplate forms with numbers filled in. The only informant who might thereby be identified would be his tax accountant, named at the bottom of his Form 1040, and that would only be a problem if the accountant were the informant.
In that case, just black out the accountant’s name, which would be a professional courtesy anyway, since the accountant is not the one in question here. It seems extraordinarily unlikely that Trump’s accountant would be the source of information about improper tax returns.
So, why hide the actual documents, instead of just redacting any telltale names? Could it be that a deeper look at the documents would reveal that they discredit more of the New York Times’ longstanding claims against Trump than are even revealed by the inconsistencies on the surface and between the lines of the story?
The Teflon Don
The NYT even manages to establish as true Trump’s claim that he’s withholding his tax docs from the public because he’s subject to an Internal Revenue Service audit. Yet it decries his refusal to show the public his tax returns as other presidents have. What person under an audit so intense that it’s been ongoing for at least four years would display his tax information all over the universe?
Trump must truly be the Teflon Don to have operated as a major real-estate developer in New York City and – after four years of extreme and sometimes even illegal scrutiny by the world’s greatest investigative agencies, such as the FBI and the IRS – still come out of the laundry lint free.
NYC has the reputation of being a place where a developer has to work with the mafia dons to get materials trucked to a project. How did Trump get everything to come together on his massive projects, and get through all the legal red tape, and still be the kind of person against whom even the FBI – after years of intense investigation involving hundreds of its best agents – cannot come up with a single allegation?
After “an examination of decades of personal and corporate tax records for President Trump and his businesses” in “the most comprehensive picture of the president’s finances and business dealings to date,” the NYT found itself pressed to confess in its own story that there appears to be no discovery of legal malfeasance in any information it could turn up. In fact, it even had to admit that, “Nor do [the tax filings] reveal any previously unreported connections to Russia.” Darn. Just when you thought it was on to something that would have made a hot story even hotter, they couldn’t find it – just as the Mueller investigation also found no hint of improper relations with Russia.
The NYT reports all these losses on Trump’s resort properties right when it would have loved to break a story presenting evidence he was using his golf courses to launder Russian money. Quite the opposite, in fact, as it claims Trump went broke on those golf resorts – a much weaker story that slices through the heart of any money-laundering claims.
You can be sure numerous editors and reporters at the NYT pored over every document detail to find any particle they could use to underpin their broad speculations. However, after four years of investigation by the paper itself, plus by the FBI, the IRS, and New York City’s attorney general, all we have, at the end of Trump’s first term, is a feature filled with leaps of logic from scant facts – and, as usual, no sources.
The worst it could come up with is that the president doesn’t seem to be making much money from the presidency and used tax write-offs for his expensive coiffure during his television days. (Apparently, it costs a lot to get that look of a dead red squirrel on top of your head.) It does list a number of other expensive and questionable tax write-offs too, but while they may be unusual, they’re not illegal. The NYT had to admit in the end: “The filings will leave many questions unanswered, many questioners unfulfilled.” Indeed.
Good job, guys. You’ve managed to find the most squeaky-clean human being among the millions living and working in New York. Having spent so much energy for so many years, you’ve still come up with nothing but demonstrably fake news right when you needed to come up with something really big to tip the election the way of the Democrats.
(This article was originally published by RT.)


investmentwatchblog--2020-09-30--Civil War 2.0: “The Country Is Now Out Of Its Mind”

Authored by James Howard Kunstler via The Daily Reckoning , America has a new manufactured crisis , ElectionGate , as if all the other troubles piling up like tropical depressions marching across the September seas were not enough .
America needs a constitutional crisis like a hole in the head , and that ’ s exactly what ’ s being engineered for the holiday season by the clever folks in the Democratic Party ’ s Lawfare auxiliary .
• The complicit newspapers and cable news channels publish polls showing Joe Biden leading in several swing states , even if it @ @ @ @ @ @ @ sets the stage for a furor when it turns out that he loses on election night .
• On cue , Antifa commences to riot all around the country .
Meanwhile , a mighty harvest of mail-in votes pours into election districts utterly unequipped to validate them .
• Lawfare cadres agitate in the contested states ’ legislatures to send rogue elector slates to the electoral college .
The dispute ends up in congress , which awaits a seating of newly-elected representatives on January 4 , hopefully for Lawfare , mostly Democrats .
@ @ @ @ @ @ @ Dems lost their majority there too .
Fighting in the streets ramps up and overwhelms hamstrung police forces in Democratic-run cities .
• January 20 — Inauguration Day — rolls around , and the Dems ask the military to drag Trump out of the White House “ with great dispatch !
” as Mr. Biden himself put it so nicely back in the summer .
The U.S. military breaks into two factions .
Voilà : Civil War Two .
You didn ’ t read that here first , of course .
It ’ @ @ @ @ @ @ @ weeks , since the Democratic Party-sponsored Transition Integrity Project ( cough cough ) ran their summer “ war game , ” intending to demonstrate that any Trump election victory would be evidence of treason and require correction by any means necessary , including sedition , which they ’ d already tried a few times in an organized way since 2016 ( and botched ) .
The Democrats are crazy enough now to want this .
They have driven themselves crazy for years with the death-wish of eradicating western civ ( and themselves with @ @ @ @ @ @ @ for this phenomenon , mostly derived from Marxist theories of revolution , but my own explanation departs from that .
The matter was neatly laid out a year ago during the impeachment ploy : After the color revolution in Ukraine , 2014 , Mr. Biden was designated not just as “ point man ” overseeing American interests in that sad-sack country , but specifically as a watchdog against the notorious deep corruption of Ukraine ’ s entire political ecosystem — as if , you understand , the internal workings of Ukraine ’ s @ @ @ @ @ @ @ the first place .
The evidence aired publicly last year suggests that Mr. Biden jumped head-first and whole-heartedly into the hog-trough of loose money there , netting his son Hunter and cohorts millions of dollars for no-show jobs on the board of natural gas company , Burisma .
And then , of course , Mr. Biden stupidly bragged on a recorded panel session at the Council on Foreign Relations about threatening to withhold U.S. aid money as a lever to induce Ukraine President Petro Poroshenko to fire a prosecutor looking into Burisma ’ @ @ @ @ @ @ @ Democratic Party impeachment crew accused Mr. Trump of doing exactly what Mr. Biden accomplished a few years earlier .
The impeachment fizzled , but the charges and the odor of the Biden-Burisma scandal lingered without resolution — all the while that Mr. Biden posed as a presidential candidate in the primaries .
This week , the Senate released a report detailing findings of their investigation into the Biden family ’ s exploits abroad .
It didn ’ t look good .
Also implicated are the State Department officers in the Kiev embassy who @ @ @ @ @ @ @ , pointing also to their engagement in further shenanigans around the Trump-Clinton election of 2016 — a lot of that entwined in the Clinton-sponsored RussiaGate scheme .
Of course , the Senate was not so bold as to issue criminal referrals to the Justice Department .
If Mr. Biden actually shows up at this week ’ s debate , do you suppose that Mr. Trump will fail to bring up the subject ?
Does this finally force Mr. Biden ’ s withdrawal from what has been the most hollow , illusory , and @ @ @ @ @ @ @ in U.S. political history ?
All of which is to say that the Democratic Party has other things to worry about , besides who will replace Ruth Bader Ginsburg on the Supreme Court .
That may be hard to believe , but it ’ s how things are now after four years of implacable , seditious perfidy from the party .
A week ago , all the talk centered around the Democrats ’ election coup plan , as publicized stupidly by the so-called Transition Integrity Project .
Nice try .
What if all @ @ @ @ @ @ @ Joe Biden ’ s name on them and it turns out that he is no longer a candidate ?
Hmmmm… .
No doubt the recipients were so eager to fill them in and send them out that there ’ s no going back on that scam .
Apparently , a Biden withdrawal was not one of the scenarios scrimmaged out in the Transition Integrity Project ’ s “ war game.
” Hence , panic in the swamp .
Joe Biden ’ s misadventures , and his pitiful fate , are but the outer @ @ @ @ @ @ @ ’ s the threat of further and widespread riots , of course , but since when has insurrection proved to be a winning campaign strategy in a country not entirely gone to the dogs ?
People who are not insane usually object to their businesses being torched and their homes invaded .
At this point , after months of violent antics by criminal nihilists , one can even imagine Multnomah County , Oregon , turning Trumpwise .
The orgy of political hysteria , insane thinking and violence is a psychotic reaction to the @ @ @ @ @ @ @ it , actually .
When all familiar social and economic arrangements are threatened , people go nuts .
Interestingly , the craziness actually started in the colleges and universities where ideas ( the products of thinking ) are supposed to be the stock-in-trade .
The more pressing the practical matters of daily life became , the less intellectuals wanted to face them .
So , they desperately generated a force-field of crazy counter-ideas to repel the threat , a curriculum of wishful thinking , childish utopian nostrums and exercises in boundary-smashing .
As @ @ @ @ @ @ @ ( the graduation function ) , it infected every other corner of American endeavor , institutions , business , news media , sports , Hollywood , etc .
The country is now out of its mind… echoes of France , 1793… a rhyme , not a reprise .

Authored by James Howard Kunstler via The Daily Reckoning,
America has a new manufactured crisis, ElectionGate, as if all the other troubles piling up like tropical depressions marching across the September seas were not enough.
America needs a constitutional crisis like a hole in the head, and that’s exactly what’s being engineered for the holiday season by the clever folks in the Democratic Party’s Lawfare auxiliary.
Here’s how it works:
The complicit newspapers and cable news channels publish polls showing Joe Biden leading in several swing states, even if it’s not true.
Facebook and Twitter amplify expectations of a Biden victory.
This sets the stage for a furor when it turns out that he loses on election night.
On cue, Antifa commences to riot all around the country. Meanwhile, a mighty harvest of mail-in votes pours into election districts utterly unequipped to validate them.
Meanwhile, a mighty harvest of mail-in votes pours into election districts utterly unequipped to validate them. Lawfare cadres agitate in the contested states’ legislatures to send rogue elector slates to the electoral college. The dispute ends up in congress, which awaits a seating of newly-elected representatives on January 4, hopefully for Lawfare, mostly Democrats. Whoops…!
Turns out, the Dems lost their majority there too. Fighting in the streets ramps up and overwhelms hamstrung police forces in Democratic-run cities.
in Democratic-run cities. January 20 — Inauguration Day — rolls around, and the Dems ask the military to drag Trump out of the White House “with great dispatch!” as Mr. Biden himself put it so nicely back in the summer.
The U.S. military breaks into two factions. Voilà: Civil War Two.
You didn’t read that here first, of course. It’s been all over the web for weeks, since the Democratic Party-sponsored Transition Integrity Project (cough cough) ran their summer “war game,” intending to demonstrate that any Trump election victory would be evidence of treason and require correction by any means necessary, including sedition, which they’d already tried a few times in an organized way since 2016 (and botched).
The Democrats are crazy enough now to want this. They have driven themselves crazy for years with the death-wish of eradicating western civ (and themselves with it). There are many reasons for this phenomenon, mostly derived from Marxist theories of revolution, but my own explanation departs from that.
The matter was neatly laid out a year ago during the impeachment ploy: After the color revolution in Ukraine, 2014, Mr. Biden was designated not just as “point man” overseeing American interests in that sad-sack country, but specifically as a watchdog against the notorious deep corruption of Ukraine’s entire political ecosystem — as if, you understand, the internal workings of Ukraine’s politics was any of our business in the first place.
The evidence aired publicly last year suggests that Mr. Biden jumped head-first and whole-heartedly into the hog-trough of loose money there, netting his son Hunter and cohorts millions of dollars for no-show jobs on the board of natural gas company, Burisma.
And then, of course, Mr. Biden stupidly bragged on a recorded panel session at the Council on Foreign Relations about threatening to withhold U.S. aid money as a lever to induce Ukraine President Petro Poroshenko to fire a prosecutor looking into Burisma’s sketchy affairs.
Naturally, the Democratic Party impeachment crew accused Mr. Trump of doing exactly what Mr. Biden accomplished a few years earlier.
The impeachment fizzled, but the charges and the odor of the Biden-Burisma scandal lingered without resolution — all the while that Mr. Biden posed as a presidential candidate in the primaries.
This week, the Senate released a report detailing findings of their investigation into the Biden family’s exploits abroad. It didn’t look good.
Also implicated are the State Department officers in the Kiev embassy who pretended not to notice any of this, pointing also to their engagement in further shenanigans around the Trump-Clinton election of 2016 — a lot of that entwined in the Clinton-sponsored RussiaGate scheme.
Of course, the Senate was not so bold as to issue criminal referrals to the Justice Department.
We are primarily funded by readers. Please subscribe and donate to support us!
If Mr. Biden actually shows up at this week’s debate, do you suppose that Mr. Trump will fail to bring up the subject?
Does this finally force Mr. Biden’s withdrawal from what has been the most hollow, illusory, and dispirited campaign ever seen at this level in U.S. political history?
All of which is to say that the Democratic Party has other things to worry about, besides who will replace Ruth Bader Ginsburg on the Supreme Court.
That may be hard to believe, but it’s how things are now after four years of implacable, seditious perfidy from the party.
A week ago, all the talk centered around the Democrats’ election coup plan, as publicized stupidly by the so-called Transition Integrity Project. Nice try. What if all those mail-in ballots sent out recently have Joe Biden’s name on them and it turns out that he is no longer a candidate?
Hmmmm…. No doubt the recipients were so eager to fill them in and send them out that there’s no going back on that scam. Apparently, a Biden withdrawal was not one of the scenarios scrimmaged out in the Transition Integrity Project’s “war game.”
What then? A do-over?
Hence, panic in the swamp. Joe Biden’s misadventures, and his pitiful fate, are but the outer rainbands of the brewing storm.
There’s the threat of further and widespread riots, of course, but since when has insurrection proved to be a winning campaign strategy in a country not entirely gone to the dogs?
People who are not insane usually object to their businesses being torched and their homes invaded. At this point, after months of violent antics by criminal nihilists, one can even imagine Multnomah County, Oregon, turning Trumpwise.
The orgy of political hysteria, insane thinking and violence is a psychotic reaction to the collapsing techno-industrial economy — a feature of it, actually.
When all familiar social and economic arrangements are threatened, people go nuts. Interestingly, the craziness actually started in the colleges and universities where ideas (the products of thinking) are supposed to be the stock-in-trade.
The more pressing the practical matters of daily life became, the less intellectuals wanted to face them. So, they desperately generated a force-field of crazy counter-ideas to repel the threat, a curriculum of wishful thinking, childish utopian nostrums and exercises in boundary-smashing.
As all this moved out of the campuses (the graduation function), it infected every other corner of American endeavor, institutions, business, news media, sports, Hollywood, etc.
The country is now out of its mind… echoes of France, 1793… a rhyme, not a reprise.


investmentwatchblog--2020-09-30--Millennials Have The Same Net Worth As Boomers

We have shown quiet a few comparisons of millennials ’ net worth compared to baby boomers when they were at the same age .
Millennials usually don ’ t come off looking like they ’ re in good financial shape .
Millennials are buying houses and having kids later in life partially because they are saddled with student loan debt .
The latest Federal Reserve analysis surprisingly shows the median household net worth of millennials is the same as it was for baby boomers when they were in their mid to late 30s .
One counterpoint to the notion that @ @ @ @ @ @ @ boomers is that they are having fewer kids which lowers their expenses considerably .
If millennials are moving out at a later date and not adding dependents , it makes sense their net worth is as strong as boomers .
Keep in mind , this is as of 2019 which means it doesn ’ t include the massive labor displacement that occurred because of COVID-19 .
Young people who were laid off were more likely to work at a different job than older people .
26 % of the people who lose their @ @ @ @ @ @ @ millennials ) were at a new job , while the percentage was 8 % from those 50-64 .
As of the end of last year , millennials benefited from a 10 year long bull market .
They also didn ’ t own houses that fell in value like generation x did .
To be clear , the financial crisis still hurt millennials ’ earnings power .
That effect from the COVID-19 crisis could be put on generation z , but it depends on how long this pandemic lasts .
We can ’ t @ @ @ @ @ @ @ in its lifespan .
Rent is staring to be paid after a large dip in the percentage paying during the depths of the COVID-19 crisis .
As you can see from the chart below , rent collections at industrial , apartments , and offices to REITs increased 2 % -3 % to the mid to high 90s this summer .
The real improvement was from retail as 91 % of free-standing retail paid its rent which was up from 73 % in April .
As more stores opened up , more paid rent @ @ @ @ @ @ @ deeper than just the closures , they went belly up .
Usually , in recessions the worst firms go bust , while the rest survive .
Any business that was in great financial shape and was doing well probably survived this crisis .
Retail shopping centers saw a 30 % increase in rent payments to 80 % .
Malls have been hit hard by this crisis as America has too many of them .
The c-rated malls are in deep trouble of closing .
Even the b-rated malls were questioned during the worst @ @ @ @ @ @ @ in a previous article , retail mostly avoided bankruptcy because of the risk hungry debt market .
Investors are leaping to the conclusion that physical retail and offices won ’ t be nearly as needed even after this crisis is over .
That largely depends on how long we are forced to live cautiously .
The stock market is mostly ignoring the prospects of a stimulus besides small cap value stocks which are more affected by the economy .
However , the stock market doesn ’ t tell the whole story of the @ @ @ @ @ @ @ the graphic below , 33 % of adults used money from savings or their retirement since the COVID-19 outbreak started .
Obviously , there is a big difference between the two .
Tax penalties on taking money from retirement accounts were lifted .
However , that just kicks the can down the road because eventually people will need to retire .
When you take money out and return it gradually , you lose all those years of compound gains .
The worst case would be if someone took their money out in the @ @ @ @ @ @ @ .
16 % of people had trouble paying the mortgage or rent .
It ’ s mostly rent as the people in the upper class , of which 3 % had trouble , own homes .
The people in the lower class , of which 32 % has trouble , mostly rent .
It ’ s key to focus on renters .
If you focus on home owners that are mostly ok , you ’ re missing those hurt the most and creating fear for no reason .
Policy makers already have issues @ @ @ @ @ @ @ benefit in making up new issues .
Inflation In The Stuff We Want The Fed calculates inflation so that when prices go up , they assume you buy a substitute .
That didn ’ t work in 2020 where demand shifted for a reason .
As you can see in the charts below , inflation for bicycles , cleaning products , and medical care was high , while inflation for airline fares , food at work or school , and clothes was negative .
People looking to go on vacation didn ’ t @ @ @ @ @ @ @ rather than a used car because of the pandemic .
Therefore , inflation may have hit people harder than the CPI calculation indicates .
We all know that value stocks will do better than the market when rates rise and growth stocks will underperform .
The chart below shows the details behind that .
As you can see , value stocks have the lowest implied duration , while growth has the highest .
To be clear , higher duration means higher sensitivity to changes in rates .
Defensive stocks probably have high duration @ @ @ @ @ @ @ treasury yields .
Prior to the COVID-19 crisis , utilities were being bid up because of how low treasury yields were .
Trades go in and out of fashion , so it ’ s not always this simple .
The Fed calculated that at the same age , millennials and boomers have/had the same net worth which probably shocks many people because there are always stories about how badly millennials are doing financially .
Millennials are benefiting from not having children as young or at all in some cases .
More retailers are @ @ @ @ @ @ @ income renters were hit hard by the recession .
Inflation occurred more in the items people bought due to the virus .
Growth stocks are the most sensitive to a rise in interest rates .

by UPFINA
We have shown quiet a few comparisons of millennials’ net worth compared to baby boomers when they were at the same age. Millennials usually don’t come off looking like they’re in good financial shape. Millennials are buying houses and having kids later in life partially because they are saddled with student loan debt.
Median wealth by age and generation, updated to include today's Federal Reserve SCF release for 2019. pic.twitter.com/ku9gjvuoSo — Ernie Tedeschi (@ernietedeschi) September 28, 2020
The latest Federal Reserve analysis surprisingly shows the median household net worth of millennials is the same as it was for baby boomers when they were in their mid to late 30s. One counterpoint to the notion that millennials are doing just as well as boomers is that they are having fewer kids which lowers their expenses considerably. If millennials are moving out at a later date and not adding dependents, it makes sense their net worth is as strong as boomers.
Keep in mind, this is as of 2019 which means it doesn’t include the massive labor displacement that occurred because of COVID-19. Young people who were laid off were more likely to work at a different job than older people. 26% of the people who lose their job ages 18-29 (gen z and millennials) were at a new job, while the percentage was 8% from those 50-64.
As of the end of last year, millennials benefited from a 10 year long bull market. They also didn’t own houses that fell in value like generation x did. To be clear, the financial crisis still hurt millennials’ earnings power. That effect from the COVID-19 crisis could be put on generation z, but it depends on how long this pandemic lasts. We can’t make long term projections at this point in its lifespan.
REIT Collections Increase
Rent is staring to be paid after a large dip in the percentage paying during the depths of the COVID-19 crisis. As you can see from the chart below, rent collections at industrial, apartments, and offices to REITs increased 2%-3% to the mid to high 90s this summer.
The real improvement was from retail as 91% of free-standing retail paid its rent which was up from 73% in April. As more stores opened up, more paid rent. Obviously, if the problem was deeper than just the closures, they went belly up. Usually, in recessions the worst firms go bust, while the rest survive. Any business that was in great financial shape and was doing well probably survived this crisis.
We are primarily funded by readers. Please subscribe and donate to support us!
Retail shopping centers saw a 30% increase in rent payments to 80%. Malls have been hit hard by this crisis as America has too many of them. The c-rated malls are in deep trouble of closing. Even the b-rated malls were questioned during the worst of this crisis. As we mentioned in a previous article, retail mostly avoided bankruptcy because of the risk hungry debt market. Investors are leaping to the conclusion that physical retail and offices won’t be nearly as needed even after this crisis is over. That largely depends on how long we are forced to live cautiously.
The Pain The Recession Caused
The stock market is mostly ignoring the prospects of a stimulus besides small cap value stocks which are more affected by the economy. However, the stock market doesn’t tell the whole story of the crisis. As you can see from the graphic below, 33% of adults used money from savings or their retirement since the COVID-19 outbreak started. Obviously, there is a big difference between the two. Tax penalties on taking money from retirement accounts were lifted. However, that just kicks the can down the road because eventually people will need to retire. When you take money out and return it gradually, you lose all those years of compound gains. The worst case would be if someone took their money out in the spring when the market was much lower.
About one-in-six U.S. adults say they have borrowed money from friends or family or gotten food from a food bank since the coronavirus outbreak started. Among lower-income adults, about one-in-three have. t.co/HaGxqtyeIf pic.twitter.com/VdGLODWglA — Pew Research Center (@pewresearch) September 27, 2020
16% of people had trouble paying the mortgage or rent. It’s mostly rent as the people in the upper class, of which 3% had trouble, own homes. The people in the lower class, of which 32% has trouble, mostly rent. It’s key to focus on renters. If you focus on home owners that are mostly ok, you’re missing those hurt the most and creating fear for no reason. Policy makers already have issues to solve. There’s no benefit in making up new issues.
Inflation In The Stuff We Want
The Fed calculates inflation so that when prices go up, they assume you buy a substitute. That didn’t work in 2020 where demand shifted for a reason. As you can see in the charts below, inflation for bicycles, cleaning products, and medical care was high, while inflation for airline fares, food at work or school, and clothes was negative. People looking to go on vacation didn’t have the choice of taking a plane rather than a used car because of the pandemic. Therefore, inflation may have hit people harder than the CPI calculation indicates.
Equity Duration
We all know that value stocks will do better than the market when rates rise and growth stocks will underperform. The chart below shows the details behind that. As you can see, value stocks have the lowest implied duration, while growth has the highest. To be clear, higher duration means higher sensitivity to changes in rates. Defensive stocks probably have high duration because their dividend yield is priced versus treasury yields. Prior to the COVID-19 crisis, utilities were being bid up because of how low treasury yields were. Trades go in and out of fashion, so it’s not always this simple.
10. Not sure what the exact number should be, but it seems about right in terms of the relativities… Value vs Growth needs higher bond yields (and all the good macro/market stuff that comes with/causes that) h/t @zerohedge $SPX $MACRO $TNX pic.twitter.com/QD4tLAEezV — Callum Thomas (@Callum_Thomas) September 26, 2020
Conclusion
The Fed calculated that at the same age, millennials and boomers have/had the same net worth which probably shocks many people because there are always stories about how badly millennials are doing financially. Millennials are benefiting from not having children as young or at all in some cases. More retailers are paying rent compared to April. Low income renters were hit hard by the recession. Inflation occurred more in the items people bought due to the virus. Growth stocks are the most sensitive to a rise in interest rates.


investmentwatchblog--2020-09-30--We are entering an era of big government. BlackRock Investment Institute argues that the fiscal dyna

We are entering an era of big government. BlackRock Investment Institute argues that the fiscal dynamics make higher inflation more likely than the market believes.

We are entering an era of big government .
The @ BlackRock Investment Institute argues that the fiscal dynamics make @ @ @ @ @ than the market believes .
See the @ USCBO chart below , and our global @ @ @ @ @ pic.twitter.com/ALbMoIKTaA

We are entering an era of big government. The @BlackRock Investment Institute argues that the fiscal dynamics make higher #inflation more likely than the market believes. See the @USCBO chart below, and our global debt tracker here: t.co/GzSjybwTe9 pic.twitter.com/ALbMoIKTaA
— Elga Bartsch (@bartsche) September 30, 2020


investmentwatchblog--2020-09-30--Small caps, a big testament for the real shape of the economy. Russell 2k to Nasdaq ratio is now nea

Small caps , a big testament for the real shape of the economy .
Russell 2k to Nasdaq ratio is @ @ @ @ @ About to retest the tech bubble levels .
They 've been trending with lower highs @ @ @ @

Small caps, a big testament for the real shape of the economy.
Russell 2k to Nasdaq ratio is now near all-time lows.
About to retest the tech bubble levels.
The big difference this time:
Small caps already peaked 2 yrs ago.
They've been trending with lower highs since then. pic.twitter.com/SURxO2J6S8
— Otavio (Tavi) Costa (@TaviCosta) September 29, 2020


investmentwatchblog--2020-09-30--The real “second wave”, as layoff reaccelerating fast. Here’s NI JOBCUTS on Bloomberg

The real `` second wave '' , as layoff reaccelerating fast .
Here 's NI JOBCUTS on Bloomberg pic.twitter.com/ZechlMVtsT

The real "second wave", as layoff reaccelerating fast. Here's NI JOBCUTS on Bloomberg pic.twitter.com/ZechlMVtsT
— Julian Brigden (@JulianMI2) September 30, 2020


investmentwatchblog--2020-09-30--Uber’s plans to expand its food delivery business by acquiring Postmates have hit a roadblock. DOJ’s

Uber’s plans to expand its food delivery business by acquiring Postmates have hit a roadblock. DOJ’s “second request” puts the deal on hold indefinitely. The request signals it’s concerned about the deal.

Uber ’ s plans to expand its food delivery business by acquiring Postmates have hit a roadblock .
In a regulatory filing Friday , Uber disclosed that the US Department of Justice has issued a “ second request ” to both companies , temporarily halting the deal while the government gathers more information .
Under antitrust laws , companies must wait , typically 30 days , to close a potential deal after informing the government of their plans .
But if regulators believe the merger might harm competition , they can issue a second request to require the companies to @ @ @ @ @ @ @ , customers , and market share .
“ If you ’ re at a second request , you ’ re often concerned about the deal , ” Sam Weinstein , a law professor at Cardozo who previously worked in the DOJ ’ s antitrust division , told Business Insider .
“ Some very small percentage of [ merger ] filings go to second request , ” he said .
Other antitrust lawyers confirmed to Business Insider that agencies file second requests in fewer than 10 % of proposed deals .
That request effectively @ @ @ @ @ @ @ Postmates deal until both companies “ substantially comply ” by turning over additional information to the DOJ , which Weinstein said “ could be months and likely would be months.
” At that point , another 30-day waiting period kicks in , and then the DOJ can either go to court to block the deal , let it proceed , or come to an agreement with the companies to buy more time to investigate .
Weinstein said the DOJ will likely ask for information from Uber and Postmates that could help it determine @ @ @ @ @ @ @ are “ competitive overlaps ” between the companies .
“ If Uber Eats competes with Postmates , maybe that ’ s not a problem in New York City where there are a bunch of delivery services , ” he said , but it might be a problem in smaller markets “ where they ’ re the only two.
” While the DOJ ’ s request doesn ’ t indicate whether it will ultimately try to block Uber ’ s acquisition of Postmates , it comes on the heels of the company ’ s @ @ @ @ @ @ @ fizzled this summer , reportedly because lawmakers had raised antitrust concerns .
DoorDash currently leads the pack with roughly 46 % of total US monthly sales , followed by Uber Eats at 24 % , according to Second Measure .
Acquiring Grubhub , which has 21 % , would have consolidated more than 90 % of the food delivery business between just two companies , while Postmates controls just 8 % of the market .
Rep. David Cicilline , who chairs the House Antitrust Subcommittee , said at the time that Uber buying @ @ @ @ @ @ @ in pandemic profiteering.
” But Weinstein said “ litigation is probably the least likely outcome ” with Postmates because regulators have more options to prevent Uber from becoming a monopoly in a specific city , short of completely blocking the deal .
If there are only a few markets where buying Postmates would give Uber a dominant market position , Weinstein said the DOJ could force Uber to divest some of its contracts in those city — that is , give them to a competitor to keep the market balanced .
With Grubhub @ @ @ @ @ @ @ been an option .
“ If you have two pretty big companies that are pretty big in every market , you ’ re just going to try to block that merger , ” he said .
Uber has faced growing scrutiny from regulators and lawmakers about potential anticompetitive behavior , both surrounding its dominance of the ride-hailing business , where it has roughly 70 % market share — more than double its nearest competitor , Lyft — as well as its growing presence in food delivery , which has skyrocketed during the pandemic @ @ @ @ @ @ @ losses ) .
The company ’ s core business model , which relies on avoiding significant labor costs by classifying drivers as independent contractors rather than employees , is also at risk of being upended in California , where a court has ruled Uber and Lyft are in violation of the state ’ s gig work law , which makes it harder to classify workers as contractors .
Uber , Postmates , and their competitors are currently bankrolling a ballot measure that would exempt them from that law .

www.sec.gov/Archives/edgar/data/1543151/000155278120000499/e20497_uber-s4a1.htm
Uber’s plans to expand its food delivery business by acquiring Postmates have hit a roadblock.
In a regulatory filing Friday, Uber disclosed that the US Department of Justice has issued a “second request” to both companies, temporarily halting the deal while the government gathers more information.
Under antitrust laws, companies must wait, typically 30 days, to close a potential deal after informing the government of their plans. But if regulators believe the merger might harm competition, they can issue a second request to require the companies to provide more details about things like pricing, customers, and market share.
“If you’re at a second request, you’re often concerned about the deal,” Sam Weinstein, a law professor at Cardozo who previously worked in the DOJ’s antitrust division, told Business Insider.
“Some very small percentage of [merger] filings go to second request,” he said. Other antitrust lawyers confirmed to Business Insider that agencies file second requests in fewer than 10% of proposed deals.
That request effectively stops the clock on the Uber and Postmates deal until both companies “substantially comply” by turning over additional information to the DOJ, which Weinstein said “could be months and likely would be months.”
At that point, another 30-day waiting period kicks in, and then the DOJ can either go to court to block the deal, let it proceed, or come to an agreement with the companies to buy more time to investigate.
Weinstein said the DOJ will likely ask for information from Uber and Postmates that could help it determine if there are any markets where there are “competitive overlaps” between the companies.
“If Uber Eats competes with Postmates, maybe that’s not a problem in New York City where there are a bunch of delivery services,” he said, but it might be a problem in smaller markets “where they’re the only two.”
We are primarily funded by readers. Please subscribe and donate to support us!
While the DOJ’s request doesn’t indicate whether it will ultimately try to block Uber’s acquisition of Postmates, it comes on the heels of the company’s failed plans to buy Grubhub, which fizzled this summer, reportedly because lawmakers had raised antitrust concerns.
DoorDash currently leads the pack with roughly 46% of total US monthly sales, followed by Uber Eats at 24%, according to Second Measure. Acquiring Grubhub, which has 21%, would have consolidated more than 90% of the food delivery business between just two companies, while Postmates controls just 8% of the market.
Rep. David Cicilline, who chairs the House Antitrust Subcommittee, said at the time that Uber buying Grubhub would be a “new low in pandemic profiteering.”
But Weinstein said “litigation is probably the least likely outcome” with Postmates because regulators have more options to prevent Uber from becoming a monopoly in a specific city, short of completely blocking the deal.
If there are only a few markets where buying Postmates would give Uber a dominant market position, Weinstein said the DOJ could force Uber to divest some of its contracts in those city — that is, give them to a competitor to keep the market balanced.
With Grubhub however, that wouldn’t have been an option. “If you have two pretty big companies that are pretty big in every market, you’re just going to try to block that merger,” he said.
Uber has faced growing scrutiny from regulators and lawmakers about potential anticompetitive behavior, both surrounding its dominance of the ride-hailing business, where it has roughly 70% market share — more than double its nearest competitor, Lyft — as well as its growing presence in food delivery, which has skyrocketed during the pandemic (though not enough to offset ride-hailing losses).
The company’s core business model, which relies on avoiding significant labor costs by classifying drivers as independent contractors rather than employees, is also at risk of being upended in California, where a court has ruled Uber and Lyft are in violation of the state’s gig work law, which makes it harder to classify workers as contractors.
Uber, Postmates, and their competitors are currently bankrolling a ballot measure that would exempt them from that law.


investmentwatchblog--2020-09-30--This Is ALL A LIE! – The Global Chinese Takeover EXPOSED!

Josh Sigurdson talks with Tim Picciott , The Liberty Advisor about the massive propaganda campaign deployed on Earth by a @ @ @ @ @ up as the new global powerhouse .
While it is clear that the US government @ @ @ @ @ hand in hand with China to prop the technocratic country up over the decades , @ @ @ @ @ , the shutdown of Earth came from a Chinese propaganda campaign based on lies .
@ @ @ @ @ , at the beginning of this madness , the Chinese media was sharing videos and @ @ @ @ @ the ground .
Dramatic scenes of unhealth that scared the world .
Then as soon @ @ @ @ @ “ advice ” of China and locked down , China opened with massive economic benefits @ @ @ @ @ world collapsed into the dark ages .
This video explores this very strange “ coincidence @ @ @ @ @ had bought in and aided a massive lie creating a new world superpower based on @ @ @ @ @ .

Josh Sigurdson talks with Tim Picciott, The Liberty Advisor about the massive propaganda campaign deployed on Earth by a government attempting to prop themselves up as the new global powerhouse. While it is clear that the US government alongside many global governments worked hand in hand with China to prop the technocratic country up over the decades, as one report recently exposes, the shutdown of Earth came from a Chinese propaganda campaign based on lies. As the report points out, at the beginning of this madness, the Chinese media was sharing videos and images of people falling to the ground. Dramatic scenes of unhealth that scared the world. Then as soon as the world took the “advice” of China and locked down, China opened with massive economic benefits while the rest of the world collapsed into the dark ages. This video explores this very strange “coincidence” and how the world had bought in and aided a massive lie creating a new world superpower based on a cashless society and technocracy.
We are primarily funded by readers. Please subscribe and donate to support us!


investmentwatchblog--2020-09-30--Anti-Lockdown Protests EXPLODE GLOBALLY! – Massive Freedom Movement Could Destabilize Global Agenda!

Josh Sigurdson reports on the countless anti-lockdown protests around the world getting very little news coverage despite bringing hundreds of @ @ @ @ @ streets .
From clashes in Spain to clashes in London .
To massive movements in @ @ @ @ @ Toronto , Vancouver and Winnipeg Canada .
There ’ s clearly a shift happening towards @ @ @ @ @ dire , quickly approaching brick wall that governments globally have launched humanity towards .
As @ @ @ @ @ United States alone , with millions of businesses going under while giant monopolies are propped @ @ @ @ @ people are angry and it ’ s about time the majority of reporters out there @ @ @ @ @ s time free humanity is taken seriously after 9 months of tragedy .

Josh Sigurdson reports on the countless anti-lockdown protests around the world getting very little news coverage despite bringing hundreds of thousands of people to the streets. From clashes in Spain to clashes in London. To massive movements in Berlin to massive movements in Toronto, Vancouver and Winnipeg Canada. There’s clearly a shift happening towards the pro-freedom movement despite the dire, quickly approaching brick wall that governments globally have launched humanity towards. As millions face homelessness in the United States alone, with millions of businesses going under while giant monopolies are propped up by the state, people are angry and it’s about time the majority of reporters out there understand why. It’s time free humanity is taken seriously after 9 months of tragedy.
We are primarily funded by readers. Please subscribe and donate to support us!


investmentwatchblog--2020-09-30--DOJ targets Big Tech censorship, election meddling and racketeering

( Natural News ) Big Tech has repeatedly abused Section 230 of the Communications Decency Act , an organized loophole that permitted companies like Facebook , Twitter and Google to manipulate swaths of people through censorship and election meddling .
Now the Department of Justice ( DOJ ) is cracking down on Big Tech ’ s legal immunity and forcing these companies to answer for politically-motivated censorship and other unlawful conduct on their platforms .
The proposal is being sent to Congress .
The new rules would make Big Tech companies liable if they fail to clarify their content moderation @ @ @ @ @ @ @ .
The new DOJ proposal goes a step further and strips the companies of legal immunity if they allow terrorism , cyber-stalking , sexual abuse or child exploitation .
Facebook , Twitter and the other Big Tech platforms are being represented by The Internet Association ( IA ) , The IA opposes the DOJ ’ s new rules and said the threat of litigation would threaten the current community guidelines put forth by the technology companies .
Of course , it would .
Every voice that has been censored from the public conversation @ @ @ @ @ @ @ deserves to legal representation and compensation for having their livelihood suppressed .
Big tech has repeatedly aligned with foreign governing bodies , multinational corporations and left-leaning organizations to hold conservatives , libertarians and independents down .
The DOJ ’ s new proposal holds these companies accountable for their discriminatory practices .
White House spokesman Judd Deere said that this issue goes much deeper than online censorship and free speech .
Deere says consumers should be protected from censorship and discrimination and be informed that they have rights and resources to fight back under @ @ @ @ @ @ @ state are on the front line of this issue and the President is listening to all perspectives regarding the matter at hand .
The censorship is out of control .
Right now , Facebook and Twitter are censoring front line doctors who are having treatment successes for covid-19 .
Facebook is censoring information related to criminal activity and arson attacks in the West .
Google is suppressing conservative news sites , pushing them further down search results .
Big Tech is censoring whistle blowers who have evidence that covid-19 was created in a @ @ @ @ @ @ @ the beginning .
“ Objectionable content ” to be defined by new Section 230 reforms Social media companies have repeatedly removed content , pages and profiles that they object to using biased employee teams and politically-motivated algorithms .
The companies hide behind a clause in Section 230 that allows them to censor at will as long the content is “ otherwise objectionable.
” Tennessee Senator Marsha Blackburn introduced the Online Freedom and Viewpoint Diversity Act to remove the “ otherwise objectionable ” clause from Section 230 .
Senator Blackburn is one of the @ @ @ @ @ @ @ by Big Tech and hopes to restore the right of free speech to her fellow Americans .
The Section 230 reform will allow diverse viewpoints on big tech platforms to restore American democracy , while holding companies like Facebook accountable when they try to shut down diverse viewpoints and dissent .
The reform of Section 230 provides concrete examples of objectionable content , which includes anything that promotes unlawful activity , terrorism or self harm .
“ The framework is in place , the procedure for updating it already learned by rote , @ @ @ @ @ @ @ : “ If Congress refuses to update these standards in a way that proves we understand the internet we have , and the potential of what ’ s to come , we do so at the peril of free thought.
” For more on the fight against censorship , visit BigTech.news .

by: Lance D Johnson
(Natural News) Big Tech has repeatedly abused Section 230 of the Communications Decency Act, an organized loophole that permitted companies like Facebook, Twitter and Google to manipulate swaths of people through censorship and election meddling. Now the Department of Justice (DOJ) is cracking down on Big Tech’s legal immunity and forcing these companies to answer for politically-motivated censorship and other unlawful conduct on their platforms. The proposal is being sent to Congress. The new rules would make Big Tech companies liable if they fail to clarify their content moderation practices and refuse to enforce them consistently. The new DOJ proposal goes a step further and strips the companies of legal immunity if they allow terrorism, cyber-stalking, sexual abuse or child exploitation.
Big Tech must lose their carte blanche censorship powers
Facebook, Twitter and the other Big Tech platforms are being represented by The Internet Association (IA), The IA opposes the DOJ’s new rules and said the threat of litigation would threaten the current community guidelines put forth by the technology companies.
Of course, it would. Every voice that has been censored from the public conversation deserves a right to be heard and deserves to legal representation and compensation for having their livelihood suppressed. Big tech has repeatedly aligned with foreign governing bodies, multinational corporations and left-leaning organizations to hold conservatives, libertarians and independents down. The DOJ’s new proposal holds these companies accountable for their discriminatory practices.
White House spokesman Judd Deere said that this issue goes much deeper than online censorship and free speech. Deere says consumers should be protected from censorship and discrimination and be informed that they have rights and resources to fight back under the law. Attorney generals from every state are on the front line of this issue and the President is listening to all perspectives regarding the matter at hand.
The censorship is out of control. Right now, Facebook and Twitter are censoring front line doctors who are having treatment successes for covid-19. Facebook is censoring information related to criminal activity and arson attacks in the West. Google is suppressing conservative news sites, pushing them further down search results. Big Tech is censoring whistle blowers who have evidence that covid-19 was created in a lab in China. This is just the beginning.
“Objectionable content” to be defined by new Section 230 reforms
Social media companies have repeatedly removed content, pages and profiles that they object to using biased employee teams and politically-motivated algorithms. The companies hide behind a clause in Section 230 that allows them to censor at will as long the content is “otherwise objectionable.”
Tennessee Senator Marsha Blackburn introduced the Online Freedom and Viewpoint Diversity Act to remove the “otherwise objectionable” clause from Section 230. Senator Blackburn is one of the high-profile people who has been repeatedly censored by Big Tech and hopes to restore the right of free speech to her fellow Americans. The Section 230 reform will allow diverse viewpoints on big tech platforms to restore American democracy, while holding companies like Facebook accountable when they try to shut down diverse viewpoints and dissent. The reform of Section 230 provides concrete examples of objectionable content, which includes anything that promotes unlawful activity, terrorism or self harm.
We are primarily funded by readers. Please subscribe and donate to support us!
“The framework is in place, the procedure for updating it already learned by rote,” Blackburn wrote in the Washington Examiner: “If Congress refuses to update these standards in a way that proves we understand the internet we have, and the potential of what’s to come, we do so at the peril of free thought.”
For more on the fight against censorship, visit BigTech.news.
Sources include:
Breitbart.com
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Censorship.New s 2
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