Archive for October 2020

Wisconsin Going Blue on Election Night Would be a Return to Form

Wisconsin Going Blue on Election Night Would be a Return to Form
As we enter the final turn of the horse race that is the 2020 presidential election, all eyes are on the swing states. Most specifically, the rust belt at the upper midwest. If you're a political junkie, you've no doubt heard the refrain repeatedly by this point- Hillary Clinton, despite winning the popular vote by just under three million, fell about 77,000 votes short in Wisconsin, Michigan and Pennsylvania. Throw in Ohio and Minnesota, and well, most of the Big Ten conference really is located in crucial battleground states. The Upper Midwest or Rust Belt if you will. Today, we focus on America's Dairyland, where the latest polling shows Joe Biden ahead of Donald Trump by seven points...

Trump Winning this Time would be an Even Bigger Upset

Trump Winning this Time would be an Even Bigger Upset
Two weeks to the day of the 2020 U.S. Presidential election, and the incumbent is probably done and dusted. Certainly POTUS 45, Donald Trump, has been behaving in a manner in which he believes he is. The Real Clear Politics polling average shows Democratic challenger Joe Biden ahead 51.1% to 42.5%, and that's nearly the biggest lead that he's ever had. It's well outside the bounds of the margin of error, and when you consider that 30 million Americans have already voted early, it's a disheartening reality for Trump and his cult of followers...

Sports Streaming Services Need to Acknowledge Consumer Concerns

Sports Streaming Services Need to Acknowledge Consumer Concerns
Streaming services are currently cannibalizing television networks in the same manner that social media companies weakening the tv news business. There are only so many places put can give your attention in a given day, for me, it's the best outdoor basketball I can find, and the more options media corporations provide, the more cutthroat competition will be to get your attention. Cable television networks are now expecting you to pay for an additional streaming service, on top of the money you already pay to the cable provider. We all have a decision to make, which way to go, and that's what cannibalization is...
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Consumer Sentiment Highest Since Pandemic Began

Consumer Sentiment Highest Since Pandemic Began
The current stock market levels are very misleading, as the indices are all artificially inflated by Federal government intervention. Eventually reality will set in, and we'll all come down to Earth, but there is still some reason to be bullish going forward. One reason is that the University of Michigan Consumer Sentiment Index, formerly known as the consumer confidence index, is now at its highest level since the coronavirus pandemic broke out and hamstrung the economy. Apparently, the consumer market in the world's richest country is feeling better right now about the state of things that at any previous point during COVID...

Treasury Yields Should Rise if Democrats Win Big on Election Day

Treasury Yields Should Rise if Democrats Win Big on Election Day
All the polls and prediction models are essentially saying the same thing- the Democrats could be in for a big win on Election Day. It's looking more and more likely that Joe Biden defeats Donald Trump to take the Presidency, the Democrats maintain control of the House of Representatives, which they took in the 2018 midterms, and they gain enough Senate seats to take control of the upper chamber. That means we could have one party control of the legislative and executive branches, and that can lead to an increase in treasury yields. And with Treasury yields set to uptick, it could mean some market momentum changes. We could see a lot of money moving in different directions, so it's best to maybe place your bets now. ...

Why the Stock Market is Not "the Economy"

Why the Stock Market is Not "the Economy"
It happens every election season, and both sides do it- using the stock market as a political football, and spinning the state of the indices to their advantage. It's very important to remember that the stock market is NOT "the economy," despite what the politicians and the political pundits in their side try to tell us.  If the stock market is up, as it is now, the party in power will try to convince you that Wall Street's gains are good for Main Street. This is why President Donald Trump incessantly tweets about stock market gains, and gears his actions and ideals towards trying to do whatever satisfies the Dow Jones Industrial Average. His acolytes, despite the fact that many, if not most of them don't even own any stock, will parrot this line repeatedly during these last three weeks up until the election...
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