Your daily source for trading strategies, tech news, and politically incorrect humor.
Dear eMBers,
INVESTOR INSIGHTS – Market Update
President Trump said China is ready to return to negotiations.
And as a result, the market bounced back yesterday.
The final week of August is typically very quiet.
Why?
Because traders take off early for the Labor Day holiday.
But this year is different. We have seen a significant increase in volatility (the VIX, Wall Street’s fear gauge, is up 65% in August).
Let’s see what happens with China. If they continue to stall and don’t take any action, December 15 will be a very important day in U.S. economic history. We are going to cross a psychological barrier. Every good that comes into the U.S. from China will have a tariff on it.
I think President Trump is giving the Chinese Communist party enough time to respond. The ball is in their court.
Trump’s China gambit is working for now — this chart tells the story
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
In China, the “social credit” system assigns all citizens a “social credit score.”
And if citizens engage in activities Chinese government doesn’t like, their score drops.
And if their score drops low enough they get punished.
How?
Bans from the use of public transportation, inability to get top jobs and not allowing their children to attend top schools.
Fast Company reported that a parallel system is developing in the United States, in part as the result of Silicon Valley and technology-industry user policies, and in part by surveillance of social media activity by private companies.
Will Zuckerscore be the next big thing?
TRUMP DERANGEMENT SYNDROME
Joe Biden claimed the other Democratic candidates haven’t punched any real holes in his record, because it’s “great.”
Did he sleep through the last few months of the campaign, or did he just forget?
Here is a quick video to remind Sleepy Joe about the holes in his record…
TRUMP IS WINNING
Breitbart News reported Thursday that a senior editor at the Times, Tom Wright-Piersanti, had a history of antisemitic and racist tweets.
Their response?
“We are aware of these tweets, which are a clear violation of our standards. We are reviewing next steps.”
On Sunday, NYT’s publisher, A.G. Sulzberger, released a statement warning of “an escalation of an ongoing campaign against the free press” and praised its staff.
On Monday, Washington Post‘s medic critic, Erik Wemple, roasted NYT.
Wemple concluded: “In the meantime,the “loose network of conservative operatives” must be celebrating right about now, having triggered not only an extensive scolding in the Times, but also an eight-paragraph memo from its publisher.”
CRAZY-INTERESTING OR RIDICULOUSLY-WEIRD
ADDITIONAL READING AND RESOURCES (ARR)
I can’t get into all the news and interesting information out there in this one email, so what you’ll find here are articles, presentations, and resources I’m digging into and believe you should as well.
Is there another Democrat that has yet enter the 2020 presidential race?
Your biggest fan,
P.S. We’d love your opinion.
How useful did you find today’s Morning Bullets?
Not useful – It was ok – It was good – Very Useful 13.2% 13.8% 46.6% 26.4%
Note: Percentages are updated once per week on Sundays and include all feedback since inception.
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