I thought it was all a bit silly, but this video made me rethink that position:
Here are ALL TEN global data sets included in one graph. Every single one shows warming. Can you seriously look at that and still claim no warming over the last 18 years?
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So, no studying PtoE, company fundamentals, etc. etc. Further proving that the Stock Market is almost entirely disconnected from the underlying companies. Basically, it's a Ponzi scheme.
This is true mostly for new or trendy companies in trendy spaces. Boring companies that have been around for a long time are often priced based on the future dividends they're expected to pay. They don't get any attention, though, because those that make money on speculating can't make any money by trading them. The speculators and brokers don't want people paying attention to fundamentals. Volumes would plummet so how would they make money? There would be no churn. And then they'd have to sell the million dollar Manhattan apartment where they keep their mistress.
It's similar to the difference between trading Beanie Babies (or whatever faddy collectible is popular now) and something like wheat.
The US government would have invested Social Security in the Stock Market, but they can't find a spokesperson from the financial industry you can advocate the scheme without drooling at the prospect.
The US government already invests that money by spending it and leaving a bond in its place.
And how did they invest it? Well, there are some big craters in Iraq and Afghanistan now. Bingo halls and casinos also seem to have profited.
He seems to have intuited this.
Well, just because the missed advertising didn't affect sales yet, there's no guarantee that would continue to hold. Eventually someone would fill the advertising vacuum and they'd have a turf war on their hands.
Wow, that's some comedy gold right there!
Living on Earth may be expensive, but it includes an annual free trip around the Sun.