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https://marketwatch.com/story/were-in-a-new-paradigm-for-stocks-this-analyst-argues-get-ready-for-permanently-higher-valuations-2020-05-19?mod=home-pageA new model for assessing stocks may include higher valuations, as the old paradigm is no longer valid, according to a research note from DataTrek Research on Tuesday.
More aggressive Fed interventions will keep the stock market bottoms higher, and low interest rates and more innovation can boost the tops.
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*P.S. I'm appalled at the militarization of police forces. But it's no accident. https://www.amnestyusa.org/with-whom-are-many-u-s-police-departments-training-with-a-chronic-human-rights-violator-israel/
So much paradox.
Most of the Michigan gun-wielders possess an economic philosophy and political doctrine one would find quite contrary to that of the protesters on the streets of NYC, DC, Minneapolis, Atlanta.
Than there’s the paradox of billionaire hedge fund manager Ray Dalio warning repeatedly in recent years of civil strife / eventual revolution if the widening abyss between wealth and poverty isn’t rectified peaceably. https://observer.com/2019/04/ray-dalio-explain-capitalism-weath-gap-inequality/
Throw in the paradox of an intense election debate four years ago over building walls - both figuratively and literally - when we need desperately to tear down walls for our own survival.
Like I said, lots of paradox. Take your pick.
My betting money is on him finding a reason to attack Iran.
Stylistically, shades of Ernest Hemingway - whether intended or not. A Farewell to Arms is rife with testimony to the futility and senselessness of war, in particular the perversion of once
sacrosanct words to obscure reality.
“‘We won’t talk about losing. There is enough talk about losing. What has been done this summer cannot have been done in vain.’ I did not say anything. I was always embarrassed by the words sacred, glorious, and sacrifice and the expression in vain. We had heard them, on proclamations that were slapped up by billposters over other proclamations, now for a long time, and I had seen nothing sacred, and the things that were glorious had no glory and the sacrifices were like the stockyards at Chicago if nothing was done with the meat except to bury it. … Abstract words such as glory, honor, courage, or allow were obscene beside the concrete names of villages, the numbers of roads, the names of rivers, the numbers of regiments and the dates.”