Member Info for nomlungu

0.0078p

deeply discounted placing expected to buy the xmas turkey

The market really loves mayhem and rioting after elections so it is always a good sign to see headlines like:

"Walmart Pulls Guns, Ammo Displays in U.S. Stores, Citing Civil Unrest"

They are worried that their stores will be looted by people looking for weapons - there is a tiny possibility that there might be a little volatility next week [or total $*&!ing mayhem?].

https://www.wsj.com/articles/walmart-pulls-guns-ammo-displays-in-u-s-stores-citing-civil-unrest-11604002136

If world war is a good way out of an international depression maybe a civil war would help the US economy?

26 executive orders in the last 200 days though

https://en.wikipedia.org/wiki/List_of_executive_actions_by_Donald_Trump#2020

GBP 226,539,399 matched on the Betfair Exchange so far

https://www.betfair.com/exchange/plus/en/politics-betting-2378961

There are millions of £s available on both Harris and Pence at 999/1; as both Trump and Biden are old folks who could die / be assassinated by a nutter before inauguration day they are probably worth a few quid at the prices.

Many years ago I had to hedge a large rugby bet and needed to back the 80-minute draw to balance a book. The bookmaker I laid the bet off at 16/1 was less than impressed when he settled the bet as it was a significant sum, and he thought I was wasting my money when I struck the bet.

Ant Financial - processed $18 Trillion in payments in the last year; that is a lot of money.

Freedom to photograph and film:

Members of the public and the media do not need a permit to film or photograph in public places and police have no power to stop them filming or photographing incidents or police personnel.

https://www.met.police.uk/advice/advice-and-information/ph/photography-advice/

Can they claim that a Toilet Paper factory is a 'soft target' under S43 of the Terrorism Act 2000?

Toilet paper is being rationed by Ocado again; people must be stockpiling in London again.

Is another national lockdown on the way?

or the seeds are sterile

Footage taken a week ago - there is nobody around; so much for a v-shaped recovery.

https://www.youtube.com/watch?v=Dd2-VY6roL0

Farage says:

"You are voting for the leader of the free world.

"You are voting for the only current leader in the free world who has got the guts to stand up and fight for the nation state, to fight for patriotism and to fight against globalism."

Against globalism - wonder if he will give up his EU Pension?

Make sure "the chaps" have the same blood type and no HIV/Hepatitis etc so you can have safe blood infusions...

Breakthrough study reveals how exercise helps immune cells kill cancer

https://newatlas.com/health-wellbeing/exercise-helps-immune-cells-kill-cancer/

https://news.ki.se/study-shows-how-exercise-stalls-cancer-growth-through-the-immune-system

But the banks and estate agents are asking for an extension of the stamp duty holiday (finishes end of March) as sales are not completing because of delays with processing / finalising sales. There is also a concern that provisional mortgage offers will expire before completion can take effect. It is not as rosy as first thought; and if economic circumstances change provisional mortgage offers are provisional so may get pulled.

Do not believe those painting a rosy picture in an economic downturn / depression as they are probably motivated by what they can earn or stand to lose if things are not as rosy as they paint.

https://www.yourmoney.com/mortgages/chancellor-urged-to-extend-the-stamp-duty-holiday/

https://www.mortgagesolutions.co.uk/news/2020/10/26/no-plan-to-extend-stamp-duty-holiday-housing-minister/

https://www.propertywire.com/news/industry-calls-for-six-month-extension-to-stamp-duty-holiday/

Lloyds say that their CET1 ratio has risen to 15% and that impairments have dropped to £300m because of “the relative economic stability and impact of support measures”.

So what happens when the support measures begin to be tapered? The first furlough scheme ends this week.

Stocks world-wide have been buoyed by the unprecedented levels of liquidity that the FED has injected into the system. They cannot continue to do this and support trillion $ deficits without risking significant inflation and / or the devaluation of the $; neither of which would be good for the US economy. The CET1 ratio of Lloyds (and all other banks) could quickly erode in a market correction.

Banks may have a long way to fall / fail still.

'At what point does the well paid CEO realise he can no longer do the role?'

Probably when shareholders vote him out - if you were being paid £2k every day would you be in a hurry to leave that job?

The FBI warned overnight that ransomware known as Ryuk is expected to be aggressively targetted at US Hospitals in the near future [to coincide with the elections?; it is Russian criminals after all].

The Daily Beast is picking up on the Trump Administration's repeated use of the "protecting the vulnerable" as clearly pointing to the adoption of a Herd Immunity approach to Covid.

Hospitals crippled by a Virus whilst the Covid virus soars in the Population whilst there is no more bailout money for the economy - if/when the markets pick up on this trifecta expect a bonanza of "buy on get on free" share sales as the bubble that has started leaking this week may well explode, flinging red ink all over those who are frothing at the mouth during the market's illogical exuberance.

Or, I could just be a little pessimistic about the next few months and my DOW expectations of 15 to 17 thousand may be wrong.

Agenda-Free TV has started broadcasting; much better coverage

https://www.youtube.com/watch?v=RhM9k-xBVTo

[DOW only dropped 942; disappointed]

The creators of South Park have a new weekly deepfake satire show called Sassy Justice - episode 1 below:

https://www.youtube.com/watch?v=9WfZuNceFDM

https://www.technologyreview.com/2020/10/28/1011336/ai-deepfake-satire-from-south-park-creators/

Quite good

The Big Easy is going to find things a little difficult later - now Cat 2 and still 5 hours till impact.

https://www.youtube.com/watch?v=BDPqlH5iUno

Trump clip

https://youtu.be/kxHd8JJ8hCU

I was hoping for more than 1000 off the DOW today; a proper bloodbath is needed to stop a Kamikaze Brexit