Don’t Count Them Out…
Are You Voting for a Third-Party? Hi Reader, Here’s what our editors are looking at today… | | | News: Jim Rickards – Third-Party Candidates Will Swing the Election A Trump vs. Biden (if he makes it) replay of the 2020 election could be close and is difficult to predict this far in advance. But we can say that the simple narrative of Trump vs. Biden does not come close to capturing the complexities of what’s ahead. In the first place, Biden may not even be the Democratic nominee because of his obvious physical and mental disabilities. I’ll save the Biden story for another day. For now, let’s look at the other wild card affecting the 2024 election — the role of third parties. Most observers disregard third-party candidates. They typically get 1–2% of the vote, don’t come close to winning individual states and have no impact on the final electoral results. That’s true, but there are some important historical exceptions. ⇒ Read More Here | |
America: Charles Hugh Smith Tucker – A Nation of Rent-Serfs What’s missing in our current U.S. housing system that reduces life to commodities is that housing is fundamentally shelter, and an essential human need. Housing isn’t merely an asset that generates cash flow or an asset that serves as a place to park excess wealth. It is first and foremost a shelter. This is how the U.S. housing market has been transformed by the tyranny of the market: Unleash the powers of unlimited credit and excess capital on a limited, essential resource such as shelter and this is what we end up with — artificial scarcity, rent-serfs and half-vacant neighborhoods owned by absentee landlords solely interested in maximizing the return on their capital. ⇒ Read More Here | |
Markets: Dave Gonigam – Is Apple AWOL on AI? t a time when most of Corporate America is falling all over itself to describe its products and services as “powered by AI” or “AI-enabled”... one company has been oddly silent. It’s especially odd because it happens to be a technology company… and, until recently, the biggest company on the planet. We’re talking about Apple. It is no longer the world’s biggest company measured by market cap. AAPL lost the crown in recent months to Microsoft — which is basking in the AI glow with its huge investment in OpenAI, the parent of ChatGPT. ⇒ Read More Here That’s all for today, we’ll be back tomorrow with what our editors were looking at this week. Make sure to email us here with whatever crosses your mind that you want us to cover. We look forward to hearing from you! Looking forward to your financial future, | | | | | |
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