July 16, 2019. Markets keep going higher and higher. We like to buy ‘on sale’ not when we are hitting new highs. So we are limited to new issues, or when they go ex-dividend. Last week we tried to buy HCXZ and could not get the price we wanted. Yesterday it dropped big time and closed higher at $24.90. If we can buy anywhere close to this price, we will add to our positions.
We love bashing liberal bat shit crazy fake news Clinton News Network CNN. Here is yet another story about the ratings collapse. The full article is linked.
Brian Stelter’s CNN show, Reliable Sources, has lost more than 40 percent of its viewers since the beginning of the year.
Stelter, a left-wing conspiracy theorist who serves as a reactionary mouthpiece for his boss, Jeff Zucker, the far-left extremist responsible for running CNN into the ratings dirt, was at least able to average 967,000 viewers during the first four weeks of this year, from January 6 to January 27.
We can’t pass up, again, on an opportunity to beat up on the corrupt New York Times Bestseller List. They list books as best sellers when the book has not sold any copies. Well they have done it again. Barack’s best friend published a dud but it managed to get on the list. Click below to get full article.
Fox News host Tucker Carlson noted on his Monday show that Valerie Jarrett, former adviser to President Barack Obama, doesn’t appear to have sold many copies of her book, despite managing to top the New York Times bestseller list.
Are interest rates going LOWER????? Maybe. Read the article linked below.
If the Fed initiates rate cuts and if the data in the graphs prove prescient, then current estimates for a Fed Funds rate of 1.50% to 1.75% in the spring of 2020 may be well above what we ultimately see. Taking it a step further, it is not farfetched to think that that Fed Funds rate could be back at the zero-bound, or even negative, at some point sooner than anyone can fathom today.