On Tuesday on Bloomberg tv and radio I predicted that Trump will win by winning every swing state. After tonight’s announcement by Biden to withhold arms to Israel that prediction is looking even stronger.
I really enjoyed appearing on the podcast On The Tape. But it’s funny how so many people are always asking me to predict the next financial calamity. I did it once. It was no fun for anyone. And I hope I never have to again.
I am very pessimistic about fixing our major universities. A Look at their course guides makes you realize that students are not being taught but indoctrinated. Then think about how much institutional change is necessary to even begin retrieving these schools.
Marc Rowan’s comments about antisemitism at the University of Pennsylvania (my Alma mater) should be read by everyone. I, for one, deeply appreciate his leadership.
Almost all consumers buy stuff on credit — from solar panels, to homes to cars etc. With the 10 year at 4.75%, stocks in all of these consumer related sectors cannot work.
New bank regs are a perfect example of generals fighting the last war. Silicon Valley’s problems did not stem from a lack of capital but from an upside down balance sheet lacking in sufficient liquidity. The new regs increase capital requirements, which is not the problem.
@andrewrsorkin
maybe it’s because bitcoin is just a form of speculation for the sake of speculation. That’s why its correlation to nasdaq is very high.
Transunion 3Q results clearly show that consumer borrowing is slowing rapidly. Stock is down over 20%. This does not bode well for specialty lending companies.
This time the banking industry’s criticisms of new regs are valid. Unfortunately the industry lacks credibility. It criticized fed governor tarullo relentlessly and he was right and they were not. Now that the industry is right they look like the boy who cried wolf
The New York Review of Books just published “An Open Letter from Participants in the Palestinian Fest. Of Lit.” It reeks of the subtle hatred of Jews that only intellectuals are capable of.
@SenSanders
Bernie sanders only loves dead Jews. He can sing the virtues of dead Jews. But when living Jews fight to prevent the creation of more dead Jews he goes crazy and accuses these living Jews of genocide. He truly is the most famous self hating Jew in the world.
@SenSchumer
And another day of silence from u about antisemitism. Unreal. And why would u care about an oil merger where the companies have zero control over oil prices.
Morning after the revolution by Nellie Bowles is a must read. I have a better understanding of the campus protestors because she helps clarify the insane ideology that they come from.
Add to that that the university administrators are actually on the side of the indoctrinators and protestors. They just don’t like the bad publicity. And then u begin to understand the dimension of the problem.
Some more book recommendations
Mistress of Rome four book series by Kate Quinn
Lord of the silver bough trilogy by david gemmell
Assassin’s apprentice six book series by robin hobb
@NickKristof
Nice sounding words but so wrong. You keep pursuing a two state solution that unfortunately the Palestinians don’t want. Your are just talking to yourself
I just watched Reverend Johnie Moore speak on cspan. He is an evangelical Christian leader. He gave an incredible defense of Israel and Zionism. It made me realize that the evangelicals are our allies and we need to reach out more
@BernieSanders
Like I keep saying. Bernie sanders loves The People. Hates actual people and hates Jews. On the Jewish part, he probably speaks highly of dead Jews because he can sing their virtues. But when living Jews fight to prevent there being more dead Jews, he goes crazy.
@SenWarren
Perhaps u should now withdraw your demand to restrict aid to Israel. Still demanding those restrictions after our ally is attacked is the equivalent of giving aid to the enemy.
@Phoenixzen83
One of the hardest things is to give up on your own paradigm. It happens in two ways. Time. It becomes clear the paradigm no longer works. Or getting hit over the head with a hammer. And sometimes both. The Jewish community and like minded people are going thru this process
In
@EismanSteven
first TwitterSpace with me & Grant Williams
@ttmygh
Listen in for the fab questions our participants asked: The full podcast will drop in about 2 weeks. Don’t miss it on The Wall Street Coach podcast.