No News, and All the News at Once. Cody Johnston Frankly, he’s getting too mainstream.
Category: News
Mar 25 2020
Two Tragic Fires That Sparked Major Changes
Today we mark the anniversary of two tragic fires that occurred in New York City. In 1911, the Triangle Shirtwaist Factory fire claimed 146 lives. On the same date 79 years later in the Bronx borough of New York City, the Happy Land fire killed 87 people, the most deadly fire in the city since …
Mar 25 2020
Profiteering
It doesn’t mean making a profit. It means taking advantage of someone’s urgent needs to steal all their monies. You know, like Health Insurance Companies, Big Pharma, and the Mega-Medicals do as a Business Model. In War time (Is the War on Drugs a real War? What about the War on Poverty?) Profiteers are frequently …
Mar 25 2020
Cartnoon (Daily Late Night)
Steve Martin Plays Banjo In The Woods To Calm The World During Coronavirus Pandemic DJ D-NICE – CLUB QUARANTINE Getting to know your neighbors Trump desperately wishes the virus away Fast and Furious: Ventilators
Mar 24 2020
Plague on the Gold Coast
That’s what us Nutmeggers call Fairfield County which is reliably one of the Top Five wealthiest in the United States. As I’ve said before I have a passing familiarity (worked for a long time within a mile of Sandy Hook Elementary). Unlike what you might think, and despite the statistics, there are many areas that …
Mar 24 2020
Irrational Exuberance
In “Classical” Economics it’s sometimes called “Animal Spirits” though I prefer the simpler and more direct “Greed”. Hope you’re enjoying your Dead Cat. The Fundamentals haven’t changed a bit (well, except to get worse from both an Epidemiological and Economic standpoint) and Unindicted Co-conspirator Bottomless Pinocchio may have queered the incipient deal on Stimulus (which …
Mar 24 2020
Well, this was inevitable.
I’ve worked events like this and it costs an enormous amount of money to postpone them. At the same time who would want to go or participate? I’ll admit getting to hit on Gymnasts is an attraction. Japanese prime minister says IOC has agreed to postpone Tokyo Olympics By Adam Kilgore, Rick Maese, and Simon …
Mar 23 2020
Opportunity Lost
You know, sometimes I get the impression that people don’t appreciate the punniness of my titles, not that this one is particularly deep. It is of course a play on “Opportunity Cost” which is the price you pay for wrong or in action, as opposed to Milton’s Paradise Lost. Cody Johnston
Mar 23 2020
Dow Be Down, Do Be Do Dow Down
Dow Be Limit Down, Do Be Do Dow Down. C’mon, that’s punny. Just to repeat the mechanics, Futures are limited to a 5% loss. If there are no bids above -5% Trading halts until there is one. In the Market there are Breakers at 7%, 13%, and 20%. 15 Minute Halts at -7% and -13%, …