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Dear eMBers, Your Morning Bullets are here. Let’s dig in.
INVESTOR INSIGHTS – Market Update
Last week saw new records for the major market indexes. The Dow Jones Industrial Average closed above 28,000. And Monday futures are looking great for all three indexes. But there’s one index showing that this bullish run could be in for a bearish correction. And that’s the CBOE Volatility Index, or the VIX. It’s used to measure the market’s “fear gauge.” And right now, the VIX is indicating complacency. On Friday, the VIX fell to 12.05. That’s right around half of what it was on October 2. It’s the lowest it’s been since late July, and close to April ’19 and August ’18 lows. It could indicate some modest stock market corrections. It might not indicate anything at all. But as history has shown, when the market becomes complacent, investors should be on the alert.
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
Worried about Google buying FitBit?
Then Project Nightingale will take it up a notch.
The project was first reported in The Wall Street Journal on Monday.
The DHHS’s Office for Civil Rights opened a federal inquiry into the project on Tuesday.
So, what is Project Nightingale?
It’s a new partnership for data collection between Google and Ascension, a leading nonprofit health system.
They are working together to analyze patient data to give health care providers “new insights and suggestions for patient care.”
The Office for Civil Rights “would like to learn more information about this mass collection of individuals’ medical records with respect to the implications for patient privacy under [HIPAA].”
It’s not the first time Google has faced public scrutiny for it’s handling of users’ private data.
Both companies have since made statements.
Does this move make you nervous?
TRUMP DERANGEMENT SYNDROME
According to Michael Goodwin, we may not have a final tally on the Impeachment hearing’s winner. But there is a clear loser. And that’s the American people. In trying to describe the “high crimes and misdemeanors” necessary for impeachment, there’s little consensus. “Dems throw words at walls, hoping something will stick. Quid pro quo, bribery, extortion, abuse of power, obstruction and witness intimidation are all getting a tryout.” He goes on to explain, “If impeachment were justified by facts, the right words would be obvious to the vast majority of Americans.” What he has seen is the completion of the “strange evolution” of Nancy Pelosi.
Source: EPA
And he thinks she’s gone full cuckoo for coup coup.
THE HIGH STAKES OF THE NEW ERA…
Our research shows America is entering a new era… One our country has only entered once before. Make no mistake: Policies like the “wealth tax” and even Medicare for All are just the beginning. And if history is any guide – no one, not even Donald Trump, can stop what’s coming.
TRUMP IS WINNING
Democrat anxiety is high. Donations are offered (and rejected) with refund clauses if Warren wins the nomination. According to a Democratic official, “Ninety to 95 percent of our donor base is terrified about Warren.” And Warren isn’t their only fear. The big fear is that the large and divided field of candidates doesn’t have what it takes to beat Trump in 2020. It’s kind of like a Goldilocks moment. Biden is too old. Buttigieg is too young. Warren and Sanders are too left. No one is “just right.” So, new candidates are considering entering the race. Making the whole mess even more confusing. It even got Barack Obama to enter the conversation. While trying to calm donors down, he had a warning for progressives. The country is “less revolutionary than it is interested in improvement.” It’s left some on the left wondering which is scarier? Warren or Sanders losing to Trump? Or beating him and raising their taxes? There is a clear winner in all of the fear and infighting, and that’s Trump.
CRAZY-INTERESTING OR RIDICULOUSLY-WEIRD
Who’s the winner of the worst mug shot? There sure seem to be a LOT of contenders… One thing they all seem to have in common? Bad hair and face tattoos.
Source:https://www.thesun.co.uk/ Monday may have you feeling a little worse for the wear. But at least you’re not any of these unlucky guys or gals. The crimes aren’t funny, but the mugshots sure are…
ADDITIONAL READING AND RESOURCES (ARR)
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