Friday, October 09, 2020

  • CFTC Commitments of Traders for Grains.

 

  •  Today’s USDA report could  turn out to be interesting. Steve’s comments over here.

Ok, new plan.  Mnuchin tells House Speaker Nancy Pelosi that Trump now wants a comprehensive stimulus package -- in a reversal from his position on Tuesday when Trump snappishly ended negotiations.  
Oh, wait! There’s McConnell “Deal unlikely in the next three weeks”

Thursday, October 08, 2020

 And now:  The real lessons from Sweden’s approach to covid-19 

Sweden is held up as a champion of liberty. In fact it is the home of pragmatism

  • The bullion holdings in gold ETF's are hitting records. 


  • Facebook (AKA plague on humanity) is a social network monopoly that buys, copies or kills competitors, the House Antitrust Subcommittee determined.


  •  AT&T Inc's WarnerMedia is preparing a restructuring that aims to cut costs by as much as 20% and would result in layoffs. 
  • And HBO Max is still not on Roku - remarkable. The stock is down 27% for the year. Ok, so the dividend is 7%, but that’s still a 20% loss.

  • (do these guys know what they are doing? Seriously, do they?)