- Global-warming alarmists point to our recent hurricanes as evidence of their religion ... saying that warmer waters makes for more powerful storms. However, there is another factor that seems to be neglected ... the speed of such hurricanes over water. Both hurricanes Irma and Maria were very slow moving and thus could pick up more energy independent of the actual water temperature. Hurricane Nate is fast moving and would seem to be far less dangerous.
- Why was Harvey Weinstein finally outed after decades of his well-known boorish behavior? Malia Obama has been an intern of his for some months and she has been seen recently bundled up in a parka when around Weinstein (a well-known local protection against his groping hands). Perhaps Harvey had earlier made a move on Obama's number one ... and the NYT is in payback mode?
- The Las Vegas shooter, Stephen Paddock, owned several airplanes and was a licensed pilot. He could have loaded up one of his planes with ammonium nitrate and flown it into the same crowd he shot up (it was right near the Las Vegas airport) ... and killed multiples more country-music fans than he did.
- The U.S.stock market is currently extended and overbought. Just about everyone expects at least a 10% correction ... but we don't know when. I believe that all stocks will suffer then ... but the ones which will be most punished will be the high multiple tech stocks typified by the FANG group (Facebook, Amazon, Netflix, and Google). Staying with multinational companies with price-earnings multiples below 15 and dividend yields above 3% should offer a modicum of safety. And don't forget that, after the bloodbath, to be a buyer.
