Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Mr. Market

Politics

The Challenge Bernie Sanders Poses for Republicans

Sanders’ campaign is a direct threat to Republicans because it is a very loud and very public critique of their party and its agenda. That criticism is made all the more potent and effective by the all too obvious fact that much of it is grounded in truth.

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The Death Spiral

Real Estate Bubble on the Coasts

The difference is that this real estate boom is confined to specific parts of the country; it is not happening on Main Street, and the middle class is not participating.

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Good Stocks

CVS Health Has a Lot to Prove

My prediction is that CVS’s revenue will continue to grow but none of its competitors will follow its lead and go tobacco free. Instead, CVS will be something of an anomaly, which will buy it a lot of good publicity and support from the healthcare industry.

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Market Insanity

Rising Foreclosure Rate Points to Ongoing Financial Crisis

What is even more worrisome is that the number of bank repossessions, or REOS, increased by 49% between February and March 2015, RealtyTrac reported. The bank repossession rate hit a 17-month high and rose to a rate that was 25% higher than for March 2014. These statistics indicate that the foreclosure crisis has returned with a vengeance, folks.

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Market Insanity

The Strange, Brave New World of WWE and Digital Entertainment

The numbers indicate that WWE CEO Vincent Kennedy McMahon Jr. is some sort of visionary at the cutting edge of entertainment. He seemed to have the insight that wrestling fans would be willing to pay a flat rate of $9.99 a month for just the programming they wanted to watch.

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Market Insanity

Uber Banned Again

We need to ask ourselves what sort of future companies like Uber have. If they cannot comply with a few basic regulations and make money, then their business model is not viable. Perhaps it is time we scrapped this ridesharing concept or took it back to the drawing board.

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Politics

Steps Government Could Take to Reduce Income Inequality

• Abolish the payroll or withholding taxes, which take a percentage of a person’s salary. These hit the working poor heavily, and they do not raise enough money to cover the costs of programs like Social Security and Medicare.

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My Thoughts

California’s Megadrought, Why There’s No Water Shortage and Why the Market Could Be the Solution

We now have a glut of oil, and there’s a very good chance we’ll have a glut of water in a few decades after we implement all the new technology.

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Market Insanity

Is Uncle Warren Going Shopping?

What’s more intriguing is that Uncle Warren himself seemed to confirm such speculations with a cryptic remark to MSNBC. After calling Exxon a “wonderful company,” he said, “We thought we might have other uses for the money.”

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