Our stock market is soaring. Even while I write this I watched the market open down a 0.25% and it just turned positive in less than 10 minutes after the opening. We have been breaking new records almost daily. I expected our markets to drop due to the impeachment hearings and the China trade issues including the high tariffs. But facts sometimes have a habit of contradicting my feelings. Which I personally think is wonderful.

As I write this Walmart is up about 2.5%. The world’s largest retailer just announced 3rd quarter earnings beat the estimates by over 6%!!! The world’s largest retailer buys more products from China than any other retailer in the world. They should be hit the hardest by the tariffs. By all logic their earnings should be down. They should be struggling. Not only does my logic defy me, but it does so in a way that has me just shaking my head. The consumer is the largest sector in our economy. We are driving this economy. And Walmart is doing better than ever. Despite what seems to make sense. The market is enjoying our strong economy. Right now, we are not heading towards a recession. And our retailers are poised to have the best Christmas season ever! Obviously, no one knows what is going to happen in the future. But for now we can all enjoy the fruits of a booming economy.

In the meantime I also felt that the impeachment hearings would slow the markets. Guess what? The markets don’t seem to care! We closed at an all time high yesterday. The markets are usually a bellwether towards the future. And apparently we are not taking the impeachment hearings seriously to the down side. We are still going to work everyday to try and make a better life for ourselves and our families. The workers’ 401k’s are still growing at a tremendous rate. Investors turned a blind eye to the clown show. Facts are overcoming my feelings.

The first two witnesses were laughable and have nothing serious to add to the phone call transcript. The star witness could not point out an impeachable offense in his testimony. What a joke.

The Dems are afraid they cannot beat Trump in 2020, so the only way they can win is to impeach him.
As much as the media shows the negative poll numbers for Trump, he is going to be tough to beat at the ballot box.

The Dems are afraid they cannot beat Trump in 2020, so the only way they can win is to impeach him.
As much as the media shows the negative poll numbers for Trump, he is going to be tough to beat at the ballot box.

It’s sad that they feel this is their only outlet to beat trump since they cannot beat him on the issues. 

They may pull this off because the low information voter is only going to see that he was impeached. And he will be impeached. That was established when he won the election in 2016. The low information voter is the voter I worry about the most. While this group does include total partisans, it also includes those who don’t know better that they are being lied to constantly.

but but but
racist misogynist homophobic xenophobic everythingphoblic

Our stock market is soaring. Even while I write this I watched the market open down a 0.25% and it just turned positive in less than 10 minutes after the opening. We have been breaking new records almost daily. I expected our markets to drop due to the impeachment hearings and the China trade issues including the high tariffs. But facts sometimes have a habit of contradicting my feelings. Which I personally think is wonderful.

As I write this Walmart is up about 2.5%. The world’s largest retailer just announced 3rd quarter earnings beat the estimates by over 6%!!! The world’s largest retailer buys more products from China than any other retailer in the world. They should be hit the hardest by the tariffs. By all logic their earnings should be down. They should be struggling. Not only does my logic defy me, but it does so in a way that has me just shaking my head. The consumer is the largest sector in our economy. We are driving this economy. And Walmart is doing better than ever. Despite what seems to make sense. The market is enjoying our strong economy. Right now, we are not heading towards a recession. And our retailers are poised to have the best Christmas season ever! Obviously, no one knows what is going to happen in the future. But for now we can all enjoy the fruits of a booming economy.

In the meantime I also felt that the impeachment hearings would slow the markets. Guess what? The markets don’t seem to care! We closed at an all time high yesterday. The markets are usually a bellwether towards the future. And apparently we are not taking the impeachment hearings seriously to the down side. We are still going to work everyday to try and make a better life for ourselves and our families. The workers’ 401k’s are still growing at a tremendous rate. Investors turned a blind eye to the clown show. Facts are overcoming my feelings.

The first two witnesses were laughable and have nothing serious to add to the phone call transcript. The star witness could not point out an impeachable offense in his testimony. What a joke.

but but but
racist misogynist homophobic xenophobic everythingphoblic

heads

Most people tracking this know that the house will likely impeach, but Senate won't.  It's priced into the stock market already and they don't care.  The upcoming election for President is a tossup, but even if Warren is elected she'll either give up on the wealth tax or the Senate won't pass it, that and increasing the corporate tax.  Stock market would still take a tumble, but probably not as bad as people would expect.

Impeachment hearings ongoing and the market is up slightly over 100 points as I write this. All time high again this morning.

Personally, I think this is a sign that there are more important things going on than a clown show.

Impeachment hearings ongoing and the market is up slightly over 100 points as I write this. All time high again this morning.

Personally, I think this is a sign that there are more important things going on than a clown show.

There are less people tuning into this one compared to the Russia one.  Maybe the nation is fed up and smart enough to see bull when they see it on the fake news now.  But there are still those die hard fake news fans out there.

There are less people tuning into this one compared to the Russia one.  Maybe the nation is fed up and smart enough to see bull when they see it on the fake news now.  But there are still those die hard fake news fans out there.

I realize that what I am going to say here is from a very small audience but on the radio this morning a woman called in who claimed that she didn't vote for Trump and was watching the clown show. She said between the economy and the clown show, she will vote for Trump in 2020. She already made up her mind. It just makes me wonder how many other people like her are going to do the same?

I realize that what I am going to say here is from a very small audience but on the radio this morning a woman called in who claimed that she didn't vote for Trump and was watching the clown show. She said between the economy and the clown show, she will vote for Trump in 2020. She already made up her mind. It just makes me wonder how many other people like her are going to do the same?

I’d be hopeful if she was from say Seattle or Portland.

As a rule I only invest in real estate, bonds, and SHTF stuff.
Equities and PM's are like going to a casino, the house
always wins,  and you very rarely break even.

. 

I’d be hopeful if she was from say Seattle or Portland.

I have a few friends who moved to each and are looking to move again because of how their city is being run.  I asked if they voted blue or red and they said either never vote or blue.  Told them, well there's your answer.  You left HI for the same reasons and voted the same way and now surprised?  All 5 are voting red the next one and looking for a more red state.

A couple of updates today.

1. The DOW closed at over 28K for the first time in history. All time high closing. It did this while the emotional ambassador was testifying at the impeachment hearings aka The Clown Show. She had nothing to say about nor add to the impeachment. She was their to try and paint the president as a bad orange man. Clown Show.

2. I heard on the radio that since The Clown Show started with the public hearings last week that Trumps’ approval ratings have risen 4 points from 46 to 50%. That is terrific! So it appears the impeachment Clown Show is actually helping the president, and not hurt him. I only hope this continues as it means Pelosi might have to shut it down. Pelosi knows that without bipartisan support and the full support of the House Democrats she cannot justify impeachment and she may not get the votes she needs. I wonder how long moderate Democrats will continue to go along with this?

http://www.rasmussenreports.com/public_content/politics/political_updates/prez_track_nov15

I have a few friends who moved to each and are looking to move again because of how their city is being run.  I asked if they voted blue or red and they said either never vote or blue.  Told them, well there's your answer.  You left HI for the same reasons and voted the same way and now surprised?  All 5 are voting red the next one and looking for a more red state.

I hope there are a lot more than is apparent.

As a rule I only invest in real estate, bonds, and SHTF stuff.
Equities and PM's are like going to a casino, the house
always wins,  and you very rarely break even.

.

I’m with you about investing in real estate. Real estate has advantages that no other investments have. I tend to stay away from bonds and equities. Except I have a few shares of an ETF. I buy some SHTF stuff but not as much as I would like. I need to invest in some good food and I need to build up my ammo stores after I move.