Donald Trump Does Not Believe the Market is Sentient, Twitter.

Donald Trump trolled the stock market on Twitter, and people are saying it’s proof that he doesn’t know how the stock market works. “Donald Trump thinks the Stock Market is sentient!” roared Twitter. Har har har!

Basically, Trump said it used to be that when economic news was good, the market went up.  Economic news is good, but the market went down.  Sad.  That’s a paraphrase, but you get the idea.

Meanwhile, a million other more important things hang in the balance.  So you go ahead and hit that low-hanging non-fruit, Twitter.  I get that we all need something to write about, and it’s hard to resist what must seem like an easy swipe, but does anyone really think Trump doesn’t know the fundamentals of the market?  Does anyone actually think these clap backs are clever?

 

 

Thousands and Thousands of Reasons You Should Become a Minimalist

A bazillion reasons why less in more.

It’s all about downsizing.  Too much clutter means too much time cleaning, too much time spent deciding what to wear, too much too much too much.

Steve Jobs wore the same outfit everyday to free up brain space for other executive functions.  Decluttering your life can bring with it all kinds of mental, emotional, and other benefits.

Just in case need them, here a bazillion reasons why less in more.

Source: reasons to be a minimalist – Google Search

How are You at Market-Timing?

John Bogle either loves or hates this game.

This game lets you try your hand at market-timing some of the world’s biggest stocks and indexes. After a few failed attempts at figuring out the interface (click the mouse to buy, hold to hold, release to sell), I managed to turn a profit, albeit trailing the stock and the S&P considerably.  With each turn, you get a new anonymous stock.  And the end of the game, the stock’s identity is revealed as are your fictitious gains or losses.

Think you can beat the S+P with your market-timing savvy?  It’s not likely, but give it shot.

Will Your Job be Replaced by Robots?

In most cases, the short answer is yes, isn’t it? That seems pretty intuitive. But certainly there are some jobs, like being Bruce Springsteen, that will always require a human touch. At the same time, governments must invest in job training and explore basic income solutions.

In most cases, the short answer is “yes,” isn’t it? That seems pretty intuitive. But certainly there are some jobs, like being Bruce Springsteen, that will always require a human touch.

This interactive exercise, though perhaps already outdated, shows how likely it is that your job will be automated according to researchers Quoctrung Bui and Christopher Groskopf.

Don’t let this upset you.  If your job is high on the probability list, you have time to start looking.  And who knows?  Maybe automation will necessitate basic universal income.  Some countries are already piloting BUI programs in anticipation.  Some of those nations are also investing heavily in training people for new roles.  Sweden’s minister for employment and integration, Ylva Johansson, recently said this:  “The jobs disappear, and then we train people for new jobs. We won’t protect jobs. But we will protect workers.”  What a novel idea.

Comcast Reportedly Considering Topping Disney’s Bid For Fox (Comicbook.com)

This should surprise absolutely no one, especially considering that a few years ago, Comcast tried to buy Disney.

Fans might be excited about the Walt Disney Company’s plans to purchase entertainment assets from […]

Source: Comcast Reportedly Considering Topping Disney’s Bid For Fox

Worried about the Dow?

The Dow Jones closed almost 1200 points down today, the largest single-day drop in history. One online observer noted that Donald Trump is “seriously considering” firing the Dow Jones Industrial Average.

I, for one, continue to keep my money safe and sound in the bank.  To be specific, in the Dawes, Tomes, Mousley, Grubbs Fidelity Fiduciary Bank.  It’s been in serious trouble only twice in its vaunted history.  There was a run on the famous institution in the context of the Boston Tea Party, and, some years later, a second run occurred because of a misunderstanding between the late Mr. Dawes, Sr., and one Michael Banks.

Welcome to the Jungle: Facebook and Alphabet Slip, Amazon Posts Record Profits

We’re tired of social, but we still love search and shopping.

We noted last week that Facebook might be in some trouble.

Yesterday, some numbers came out that help fill in the picture.

Facebook’s earnings outpaced predictions, but shares fell yesterday anyway as investors worry that less time spent on the platform will continue to drive value down.  2017’s fourth quarter was Facebook’s worst ever in terms of new users.

Alphabet, the parent of Google, saw its stocks slip yesterday on missed earnings numbers, though its revenue is fine thanks to the continued strength of ad sales.

It was nothing but good news for Amazon, though, which just posted its largest profits ever.  The news about productivity-tracking wrist bands on workers in its warehouses don’t seem to bother investors, nor does the application of sorting-line management models to Whole Foods.

People are getting tired of Facebook.  It’s just a fact.  I don’t know how much of that has to do with fake news (its leadership thinks that’s a big part of it), but my hunch is that we’re tired of the stupid fights on one hand and the echo-chamber dynamic on the other.  For all of the good it certain can do for drawing attention to marginalized concerns, social media has also made us sick of each other.

We may give up on social.  We may cede less of our wealth and time to Google.  But we’ll never stop buying actual things, and Amazon will never stop selling them to us.  They will quantify every quantifiable thing in their pursuit of profit, including the people keep their company going.

One hundred and twelve years ago, Upton Sinclair called the newly industrialized world “the jungle.”  Soon, we may simply call it “Amazon.”