Archive for 2020

Despite Issues, Kelly Loeffler Still Favored to Win Georgia Senate Seat

Despite Issues, Kelly Loeffler Still Favored to Win Georgia Senate Seat
If you took a midnight train to Georgia, to check out the political landscape, you might be surprised by what you found on the grassroots level. Long considered as deep a shade of red as red states come, Democratic challenger Joe Biden flipped it blue in the Presidential election last month. However, this momentum might not be carrying over to at least one of the state's two special Senate elections. The run-off elections will be held Jan. 5, and they will ultimately decide which party maintains control of the Senate. So the stakes couldn't be higher, and Georgia is on the mind of all political junkies right now...

History of How Black Friday Got It's Name

History of How Black Friday Got It's Name
With the 2020 Presidential Election about to be officially called, the primary event captivating America right now will soon reach closure. Once it does, the next November "event" that will be top of mind is "Black Friday," the biggest shopping day of the year. It occurs on the Friday after Thanksgiving each year, and commands more media coverage and national attention than the actual holiday that transpires the previous day. We've already been seeing Black Friday advertising, one example would be this Fry's ad, for about a week. Once Halloween is over, it's now Christmas shopping season/time to hype up Black Friday. ...

2020 Presidential Election Results Defying All Odds and Projections

2020 Presidential Election Results Defying All Odds and Projections
Hey, remember that Wisconsin poll from a few days ago that had Joe Biden up 17 points in Wisconsin? Well, he's actually up only 0.6% in America's Dairyland, with an estimated 97% of the vote already in, as of this writing. How about the national polls, most of which had Biden up anywhere from 8-12 points, consistently, on Donald Trump. There's still a lot of vote left to be counted, sure, but on the morning after the 2020 Presidential Election, he's only up 1.9%. As off as the polls are, the projection modeling is even worse, and it's clear that they are severely flawed...
Advertisement:

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...
Advertisement:

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...
Advertisement:

U.S.-Canadian Border Could Remain Closed for Some Time

U.S.-Canadian Border Could Remain Closed for Some Time
As a graduate student at Michigan State University, my friends and I would sometimes drive over to Detroit, and across the international border to Windsor, Ontario, Canada. We would go their to hit the casinos and buy Cuban cigars as this was long before gambling became further legalized in America and the Cuban trade embargo was lifted.
The Detroit-Windsor tunnel, adjacent to the motor city's most iconic building, the Renaissance Center, is one of only two ways to enter Canada from the United States by heading south. The Ambassador Bridge, just a couple blocks southwest, is the other way to cross the Canadian border in this fashion. Neither will be an option for Michiganders, any time soon, as the border is closed due to coronavirus concerns.
...