October 3, 2017
HTF located in the Core Portfolio is called. The Company is offering a new replacement baby bond and if we like it, the details will be posted.
Our cash position is way too low so we are actually glad to get the money. We suggest you have reasonable cash positions for those nasty emergencies that seem to come along at the worst times, and for hot new opportunities that come available.
Having said all that last week we purchased another Corporate Bond:
Update: We purchased an Oppenheimer Corporate Bond with 6.75% maturing in 2022. They are in investment banking. CUSIP: 683797AD6
Movies: The Kingsman. It starts out as a potential James Bond type thriller but turns into a spoof on the 007 movies including a funny and unexpected cameo by Elton John (who knew?), Channing Tatum, and many other actors. Definitely worth seeing.
NFL getting hit hard. In anyone surprised other than the owners?
Probably just a coincidence… or just transitory, but The online ticket reseller TickPick told The Washington Examiner that sales have dropped 17.9 percent, far more than the usual Week Three fall…17.9 percent decrease in NFL orders this week compared to the previous week.
Last year the drop was 10.8 percent in orders on Monday & Tuesday following Week Three games. “We have seen a massive decrease in NFL ticket purchases this past week in comparison to years past. Week 3 seems to usually have less ticket orders than week 2, but this year ticket purchases are down more than 7 percent from this time last year,” said TickPick’s Jack Slingland.
Fox Business beats CNBC. You will NOT see this info on the NBC Evening FAKE-News.
CNBC delivered its lowest rated quarter since 1991, and in total viewers, had its lowest rated quarter in 22 years, dating back to 1995
And while the reason for CNBC’s ongoing decline is unclear, an unexpected winner has emerged in Fox Business News, which continued its winning streak against CNBC by drawing more viewers for the fourth consecutive quarter, and in the last quarter average 187,000 total viewers across the business day (9:30am-5pm), up 26%, while the same category at CNBC saw a 14% decline to 152,000 total viewers. For the month of September, FBN averaged 195,000 total Business Day viewers, 23% higher than CNBC, which had 158,000 total viewers, which was its second lowest rated month ever.