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CBS Admits It's Fake News Want To Reverse Course
This is broadcast tv. If network tv is dead, we need to pull their broadcast licenses and sell off the spectrum to someone who can use it.
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$3 a gallon and $9 a dozen!!!
Wholesale gasoline is at $1.71, the lowest it's been in 5 years. Down 17% year over year. Eggs are $0.61 a dozen. Again, the lowest it's been in 5 years. Down 90% year over year! The thing they need to get ahold of now is beef prices. Break up these meat cartels and get some more domestic producers and meat packers.
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Government is printing money at a rate of $40B/month.
Any of those things is going to be better than blowing money at restaurants and on Amazon buying useless junk. Or having the fanciest new iPhone on 36 monthly payments. Or buying the $100K pickup at 8% for 84 months that will be a pile of rust by the time it's paid off. Owners are the only ones that will do better in the end. Your salary isn't going up 100% in 5 years, or doubling every 7 years like the S&P 500 normally does. AI isn't going anywhere. We haven't even scratched the surface of what AI will be capable of doing in our lifetime. The issue we will run into in the near term is how all these companies monetize their AI investments. It may be a rocky road in the next 3-5 years but in the short term they are going to keep building. Everyone is afraid of being too late. I went through some data centers around Columbus, OH a couple months ago. Reminds me of the oil boom in North Dakota in the 2010s.
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Government is printing money at a rate of $40B/month.
With all the debt and out of control spending, you better be a saver. Own businesses, real estate, stocks, precious metals, crypto, etc. Values will continue to increase and those on the sidelines will be left out. I'm 100% US equities outside our primary residence. Investing mainly in the S&P 500 which is up 102.5% in the last 5 years, a 15.2% CAGR.
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DOW 45000
Put another $5k in my brokerage into VOO on Friday went the market was down almost 2%. It's the same playbook over and over with the tariffs, the market freaking out, and then things get figured out and the market goes back up.
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Trumps Approval Falls To 37% in Quinnipiac Poll
This is really going to hurt his re-election chances.
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Another CEO Position Gonna Open Up Soon
If you look at their stock price, they haven't exactly been thriving with their old branding either.
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Half of farmers are over retirement age. Is our food system at risk?
Lots want to get into farming but few have the capital to do it. Unless it's a multi-generation family farm it's tough to get going. My cousins really couldn't get in and take over until their parents retired. All these guys working into their 70s doesn't open up as much opportunity for the next generation to work and support a family.
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Hertz car rental at it again
I'm not loyal to much in the travel industry other than National for rental cars. I've rented cars all across the country and never had an issue with them. With our corporate rate they are really reasonable too. I wouldn't rent with Hertz after hearing about these new AI scanners. I suspect after 6 months they will shit can the idea after severe customer backlash.
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Awesome work...they caught this Fuker
Turned himself in at the border I heard. Must have fled to Mexico and was on the run. He's going to federal prison for a long time.
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Oak Wilt
Nope, so far so good with my oaks. They are probably close to 100 years old so it would suck to lose them. Just never trim them other than the dead of winter. Don't know what else you can do? We did lose 13 ash trees to emerald ash borer so my yard is pretty bare now. Need to plant more this fall.
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Making Gas Cans Great Again
Read that letter this morning. Still don't understand why they want automatic vents. How hard is it to remove the vent and then close it off again once you are done? The Obama versions are slow and break alot too. What I've been doing lately is using the battery powered stick pumps. Not more lifting those heavy ass 6 gallon cans while they slowly drain and leak all over.
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DOW 45000
Closed at 45,010.29 today. Updating title to DOW 50,000.
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DOW 45000
Closing in on 45,000. Have a good weekend fellas!
- DOW 45000