Welcome to October and a quarter to forget. Start the new Q right with our free range morning train reads:
• Good Investing Hurts: The best investors enduring years of pain (Motley Fool) see also 2015 Is Turning Out to Be a Terrible Year for Investors (Bloomberg)
• Selling is the Easy Part (A Wealth of Common Sense)
• Understanding ETF “Flash Crashes” (FactSet)
• How a 1965 Immigration law changed the faces of America (The Economist)
• How coffee loves us back (Harvard Gazette)
Fannie Mae tanked the real estate market!
Obama wants to close down government over Planned Parenthood.
Hillary created the Birther movement!
And where are the white guys in white shirts on TV who were laughing at Janet Yellen on her call on small biotech? so time to say how the Fed ruined the economy!
Republicans: If they’re wrong, they’ll just make something up. And all the GOP genuflectors will believe
Cruz: Government shutdown would be Obama’s fault
http://thehill.com/blogs/blog-briefing-room/news/253486-cruz-government-shutdown-would-be-obamas-fault
Shutdown averted
http://www.washingtonpost.com/news/powerpost/wp/2015/09/30/congress-set-to-pass-legislation-averting-a-shutdown/
Thank God for Barrack Obama.
“Investors were so down on her that H.P.’s shares jumped by almost 7 percent on the day of her firing.”
http://www.nytimes.com/2015/09/27/opinion/carly-fiorina-really-was-that-bad.html?_r=0
Another GOP pro-business hero!
Congress Passes Bill to Fund Government Through Dec. 11 – WSJ
http://www.wsj.com/articles/senate-passes-government-funding-bill-prior-to-midnight-deadline-1443623598
The “long run” party. Yeah. Right.
Anybody who thinks Republicans will get behind infrastructure is cray-cray.
Even with interest rates at century lows, a GLUT of materials and labor there for the taking…. but no,
The GOP has a radio audience sitting at home collecting Social Security, dependent on Medicare who want an end to government.
Where are the confident white guys in white shirts who worry about uncertainty on the “two month’s of government funding” issue?
BENGHAZI! EMAILS! BIRTHCERTS! IRS! AP! PUTIN BLOWING UP SYRIA! FAST AND FURIOUS!
The Facebook Epoch
I’m fond of saying that few companies are as underrated as Facebook is, especially in Silicon Valley. …
…a company’s potential is first and foremost measured by its market, and Facebook’s potential market is, when you consider both sheer numbers and time spent, an order of magnitude greater than the PC-based Internet market ever was. Then, on top of that, you increasingly have brand advertising dollars — also an order of magnitude more than direct response dollars — looking for somewhere to go other than TV, and it just so happens that Facebook is the perfect brand advertising platform.
The company has the right set of products in the right market at the right time.
Notice that I have barely touched on the product or team at all, …But Facebook is in very good shape on those two points as well; while I get that many in tech don’t use Facebook much …it is dominant for the vast majority of the population, and not just in the U.S.: here in Asia the app is used for not only friends and family but also professional connections, business pages, and even e-commerce …
“Fresh from her triumph Tuesday over the Brookings Institution in which she forced the ouster of a corporate-backed scholar, the populist Democratic senator from Massachusetts was at Lutheran Church of the Reformation on Capitol Hill, firing up a crowd of housing activists Wednesday afternoon.”
Elizabeth Warren is on the hunt again
https://goo.gl/qvLxCm (WAPO)
When will we get some shade grown organic morning train reads?
The drug industry wants us to think Martin Shkreli is a rogue CEO. He isn’t.
http://www.washingtonpost.com/news/wonkblog/wp/2015/09/25/the-drug-industry-wants-us-to-think-martin-shkreli-is-a-rogue-ceo-he-isnt/
No wonder George Bush and the Republican Congress passed budget-busting Medicare part D with no negotiations with drug companies.
Every free market needs a seller and a mute, powerless buyer to work. That’s GOP philosophy
why is it that the credit industry wants fraud? they had such loose policies and no concern about fraud that very little of it wasnt done because of their malfeasance or incompetence. they set up the system so that it was easy to for fraud to blossom in to a billion dollar industry , and even if they can check your bureaus (even when they are frozen) they now claim they cant do it if you need them to do some thing else. seems like a lot of either incompetent or those who are in on the fraud
Putting Mobile Ad Blockers to the Test
OCT. 1, 2015
Tech Fix
By BRIAN X. CHEN
To block ads or not to block ads on your mobile device? That’s the philosophical dilemma facing consumers since Apple added support for ad blockers to its iPhone operating system a couple of weeks ago.
To help answer the question, we decided to put multiple ad blockers to the test. Over the course of four days, we used several ad-blocking apps on our iPhones and measured how much the programs cut down on web page data sizes and improved loading times, and also how much they increased the smartphone’s battery life.
…
http://www.nytimes.com/2015/10/01/technology/personaltech/ad-blockers-mobile-iphone-browsers.html
I know a person who watches CNN to see what the “enemy” is saying. I know people who watch Fox to see what the “enemy” is saying.
Big gumint is bad per Fox News. Regulation is bad per Fox News.
To the folk who see CNN as enemy gumint and regulation get in the way of them running their little communities like an 1852 plantation outside Charleston.
While a lot of people watching CNN thinking it would be nice if we had another minority in the WH to have the small gumint types despise.
inflation?
http://www.bloomberg.com/news/articles/2015-09-30/america-s-oil-output-refuses-to-collapse-here-s-one-reason-why-
depends on how one wants to look at it.
6 hour work day?
http://www.independent.ie/world-news/europe/imagine-this-sweden-moves-towards-a-standard-6hour-working-day-31571209.html
Oregon college shooting 13 killed
https://www.washingtonpost.com/national/multiple-fatalities-reported-in-shooting-at-oregon-community-college/2015/10/01/b9e9cc4c-686c-11e5-9ef3-fde182507eac_story.html
Thanks Republicans. You’re such great stewards.
Hey America. Why not vote straight Democratic until the GOP agrees to change their policy?
Jennifer Lawrence anticipates ‘end of the world’ if Donald Trump becomes president
http://www.bostonherald.com/inside_track/celebrity_news/2015/10/jennifer_lawrence_anticipates_end_of_the_world_if_donald_trump
American survived EIGHT YEARS of George Bush.
Jenny, you’re telling me Ted Cruz, Carly, Bobby Jindal or Ben Carson don’t scare you more than Trump?
Ah! Coffee! “I love you, you love me…” I TOLD my doctor that it lowers my blood pressure and relaxes me (actually symptoms of ADD) but she says I must be mistaken.
At least at 6+ cups a day, I won’t get Parkinson’s like my father.
Perhaps you may find some humor here; I hope its’ not depressing: From Mark Twain’s Pudd’nhead Wilson’s Calendar For 1894:
“October. This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February.”