Headlines

All from Internet news sites. Guess which from Politicos?

ISIS fighters surrender en masse ...

Trump: Tillerson could be 'a little bit tougher'

SNL mocks everyone -- but remains silent on Harvey Weinstein

Hurricane Nate hits U.S. Gulf Coast as it leaves more than 30 dead

Kim 'to test missile capable of hitting US west coast' ...

Shock [NFL] poll: from +54 to -5 in one month! ...

Pervert: Fox News reporter claims Harvey Weinstein masturbated in front of her

Ttump cites FCC equal time rule in 'unfunny' late night comedians

1.34 million officials have been punished for corruption since 2013, Chinese watchdog says

NYPD guard [Columbus] statue around the clock ...

11 injures, one arrested after car rams pedestrians outside Natural History Museum, London

Trump on North Korea: 'Only one thing will work'

White nationalists -- deemed neo-Nazi cowards -- return to Charlottesville for torch-lit rally

Thousands demand Putin quit as birthday protests turn violent ...

DACA renewals drop 21%

A Few Observations

- 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.