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Walter Lewis 

 
   Hedge Fund Manager
       
 Film Producer
     Financial Strategist  
 

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Gulfstream G650ER                                GulfstreamAerospace
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   Mercedes Benz USA

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Top News and Analysis

Sunday, November 8, 2020

           Preview:  Destiny -- A Legend of Our Time™           

    
                             
                                 "One Moment In Time"





 
                              Another Day In Paradise
                    It Never Rains in Southern California
                   
                                 "This Is My World"

                      Before your dreams can come true
                  You first must have at least one dream™

                         "Didn't We Almost Have It All"


Saturday, November 7, 2020
CBS News: President-elect Biden and Kamala Harris address the Nation


             

"The Problem We All Live With" is an oil painting by Norman Rockwell that was first published in Look Magazine, in January, 1964, and depicts six-years old Ruby Bridges escorted by four deputy U.S. marshals as she desegregates an elementary school in New Orleans in 1960


                  
                   From Ruby Bridges to Kamala Harris

                          "Ain't No Stoppin' Us Now"



Friday, November 6, 2020



             Congratulations to Joe Biden and Kamala Harris
                            "Star Spangled Banner"


Thursday, November 5, 2020

Overnight, Asian markets rose as investors await the results of the U.S. election and the possibility of a change in the White House




                                   "All At Once"

                             

Wednesday, November 4, 2020

Market Watch: Wall Street hopes for an undeniable blue wave on Election Day have hit a huge iceberg


Market Watch: At 3:20 AM, East Coast time, Dow futures have collapsed into an omjnous 300 point loss


Washington Post: The American economy faces severe strains after the election, and paralysis in Congress is going to make the situation even worse, because stimulus is not likely to rescue the United States

Consequently, after several days of ebullient trading -- such as today's and yesterday's monumental surges, the Dow will lose substantial value over the course of months. The future, near-term losses on the Dow were destined to occur irrespective of which party won the White House.

It's the economy, stupid. And right now, the American, as well as the global, economy are in the grips of the coronavirus pandemic. Eventually, investors are going to realize just how bad the economic outlook really is when the Presidential election campaigning "All is great" TV ads disappear from the media.

However, the development of an effective vaccine would substantially change the picture presented above in a positive direction. Growth and recovery would be reflected in global equity markets, although market volatility might be extreme before full distribution of the vaccine


                                

Tuesday, November 3, 2020

                             ELECTION DAY IN AMERICA      


The Dow soars more than 600 points in early trading on Wall Street


USA Today: Yesterday's rebound was the best market performance in nearly two months, but many would argue that there were no economic data released that justified the bullish surge



                              "Smooth Operator"


Monday, November 2, 2020



Sunday, September 20, 2020


Saturday, September 19, 2020





                                      "Let Me"


Friday, September 18, 2020




Morgan Stanley Portfolio Value: $13,409.33 -- minus $0.47

CNBC: Yesterday's jobless report was better than expected, but job growth has become sluggish

                              
                        "Ask not what your country can do for you"
                             John K. Kennedy Inaugural Address          



Thursday, September 17, 2020


Morgan Stanley Portfolio Value: $13,409,80 -- minus $164.06


Wednesday, September 16, 2020
Dow adds 37 points, but the S&P 500 closes lower despite the Fed's stance on low rates

Barron's: The Federal Reserve has signaled its intent to hold interest rates near zero through 2023, even if the recovery picks up its pace

Morgan Stanley Portfolio Value: $13,573.86 -- plus $1.01



                  Trump Administration's economic policies

                           Joe Biden's political positions
                 
                                     "Mi Cuarto"    



Tuesday, September 15, 2020
Dow meanders to a closing gain of only 2 points, even though the average spent most of the day at much higher levels

Morgan Stanley Portfolio Value: $13,672.85 -- minus $328.61, after distribution of $508



U.S. Treasury yields rise after the release of strong economic data from China, which indicates that China's recovery is continuing apace





Monday, September 14, 2020
Dow soars 328 points in a rally that spanned the entire trading day

CNBC: What would be the consequence of a U.S./China decoupling?

Morgan Stanley Portfolio Value: $14,001.46 --  plus $64.66



                                "Through The Fire"

                             "No One In The World"


                                                   "Something In My Heart"
                                              




Sunday, September 13, 2020
South China Morning Post: Hong Kong and China markets rise as a jump in the August money supply underscores growth


European stocks struggle for direction as an ECB economist warns the market regarding complacency



                   "Take it from me, someday we'll all be free"

                                 "Heaven Is Only One Step Away"



Saturday, September 12, 2020
Reuters: The euro has appreciated in value versus other major currencies, and the ECB has indicated no need to stem that appreciation




 There is no one more blind than the person who does not want to see®
                           Destiny -- A Legend of Our Time™
 

                                        "Go On And Cry"
 


Friday, September 11, 2020
Dow closes with a gain of 131 points despite continued struggles in the technology sector

Last night, at 2:30 AM Eastern time, Dow futures were ahead by 200 points as the financial world follows-up on Thursday's carnage

Morgan Stanley Portfolio Value: $13,936.80 -- minus $32.74

Money Magazine: Congratulations, homeowner. A bidding war has erupted over the house you're selling




                         Destiny -- A Legend of Our Time™
  Do you want to know the truth?   Many Americans will prefer the lies



Thursday, September 10, 2020


Jim Cramer: The S&P 500 may have another leg up, but this climb could be followed by a savage sell-off

Morgan Stanley Portfolio Value: $13,969.54 --  minus $48.94




                                 "Promiscuous"



Wednesday, September 9, 2020
Dow soars 440 points for an impressive gain, although mid-session the Dow was above a 700 point gain


Morgan Stanley Portfolio Value: $14,018.48 -- plus $114


                               "Hands On You"



Tuesday, September 8, 2020


Morgan Stanley Portfolio Value: $13,904.74 -- minus $170




                       "I cried my last tears yesterday"



Monday, September 7, 2020

                                       LABOR DAY                                






Sunday, September 6, 2020



Saturday, September 5, 2020



Friday, September 4, 2020

Morgan Stanley Portfolio Value: $14,074,94 -- minus $160




Thursday, September 3, 2020

Morgan Stanley Portfolio Value: $14,234.71 -- minus $355

                           Lockheed Martin F-22 Raptor
                               The World's baddest jet fighter
                         Unit cost in 2009 dollars: $150 million


                               "You're My Everything"

                                 "Stay In My Corner"

                                  "Ooh Baby Baby"

                                      "Sunshine"



Wednesday, September 2, 2020

Morgan Stanley Portfolio Value: $14,569.24


                                             Yamile Maurey

                           Yamile Maurey portrays the role of Irene Smalls in Destiny -- A Legend of Our Time™. Irene Smalls was Miss Black New York State in the 1970 Miss Black America pageant. She finished the contest in Fourth Place, slipping out of First Place when she elected to act out a dramatic scene as her talent segment. Irene should have performed a sensual love song as the example of her talent

                             
                                            "You Are My Lady"
  Even if you can't speak Mandarin, you can tell that this is a love song


Tuesday, September 1, 2020


Morgan Stanley Portfolio Value: $14, 210.50



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                    Actually, the question above is a trick question
    The Democrats do not have a coherent policy on economics or tax
        
           What the Democrats have are just a host of campaign slogans
                               "$15.00 an hour"
                            "Tax the rich their fair share"
                                     "Medicare for All"
                                   "Low cost education"
                             "Fair and free trade"
                                    "Renewable Energy"
                            "Higher taxes on oil companies"
                                   "Increased regulations"          
                                   "Climate change is real"
                                              ***********************************************************************
                                   
                          "It's Gonna Take A Miracle"
                           
                                       "Baby, Come Back"



Monday, August 31, 2020
Dow falls 224 points, but the month of August for the Dow and S&P 500 was the best since 1984. The Dow gained 7.6% during August


Friday, August 28, 2020



Thursday, August 27, 2020
Dow continues its upward trend with a gain of 160 points, and the Dow was, intraday, briefly in the black for 2020 -- erasing all COVID-19 losses



                                       "Slow Down"



Wednesday, August 26, 2020
Dow closes with a gain of 83 points, as the Nasdaq and S&P 500 soar. Salesforce had a day for the record books. Today, the value of a Salesforce share soared 26% in one day's trading

Last night, Melania Trump addressed the Nation at the Republican National Convention. The First Lady was beautiful, as always, and spoke convincingly in support of her husband, President Trump. Donald was in the audience, smiling approvingly throughout the First Lady's charming speech. Apparently, there was no reprise of the 2016 convention Titanic-shipwreck error where Melania plagarized several sentences from past speeches by First Lady Michelle Obama.

Instead, this year's address was articulate and persuasive. If there was a single criticism it would focus on the fact that her ensemble's choice of color -- olive drab, like a Soviet-era Army uniform -- was certainly unfortunate, considering the fact that navy blue, pearl or burgundy would have been stunning.

However, the First Lady is a very attractive woman -- even as she enters middle age. It is not hard to imagine her as a young woman, when she became wealthy working as a semi-nude model in European Playboy-style magazines where her provocative photos gave rock-hard penises to men all over the World for many years.

It was her work as a nude model that caught the attention of a middle-aged New York City billionaire-wannabe named Donald Trump in 1998. The Donald sent his secretary out to find Melania, who was in New York City for a modeling photo shoot. The Donald gave his secretary instructions to arrange a meeting for him with the sexy, young starlet. And the rest is -- as they say globally -- a part of history.

           
                                      Melania Trump in her 20's


                                    "Back That Ass Up"

                                           
"Wobble"
                                

Tuesday, August 25, 2020
Exxon was the World's largest company in 2013, but now it is being kicked out of the Dow and replaced with the newcomer Salesforce. This is an awesome, negative indicator for global financial markets.
 

                             

                                           
"Yeah"
                                                         
                                       
"Yeah -- Live"
                                              

                                                                                "Burn"

                                            
"Party"


Monday, August 24, 2020

South China Morning News: Overnight, Hong Kong and China stocks posted gains because of positive reports regarding U.S./China talks



                                         "I Want You"

                                     "What's Going On"
 
                                      
"My Dear, Mr Gaye"


Sunday, August 23, 2020
CNBC: The American financial markets are optimistic and hoping that the Federal Reserve will once again deliver a continuing boom on Wall Street -- all the way to Election Day in November



                                
                                             "For All We Know"



                                                                 "A Song For Donny"




Saturday, August 22, 2020


                  The 2020 Democratic Presidential Ticket



                                      "This Is My World"

                                    "Be Ever Wonderful"



Friday, August 14, 2020

                                             "Happy"

                                         "Feel The Fire"

                                               "Stay"                                             


Tuesday, August 11, 2020

                                 "La, La Means I Love You"

                                       "I Do Love You"

                                         "More Love"



Thursday, August 6, 2020

                                      "I Call Your Name"



Friday, July 31, 2020
Dow spends most of the day in the red, but closes with a gain of 115 points due in large part to Apple



Thursday, July 30, 2020
Dow sheds 226 points following the release of negative economics data, but earnings in the technology sector are strong





Wednesday, July 29, 2020
Dow adds 160 points after the Federal Reserve leaves interest rates near zero and says rates will remain low until confident in the economy







Tuesday, July 28, 2020
Overnight, Asian markets advanced following Wall Street's gains on Monday. Gold also moved to a new record






Monday, July 27, 2020
Wall Street Journal: Fed officials are voicing gloomy outlooks for the American economy due to the coronavirus







Friday, July 24, 2020
The Street: Trading gold and silver may currently be very lucrative




Dow closes the day with a loss of 182 points, as gold futures settled at an all-time high of $1,897.50. Spot gold touched $1,904.60. The intra-day record for spot gold is $1,923.70, and that flight-to-safety record was set in  August, 2011

                                   The price of gold



Thursday, July 23, 2020
Dow falls 354 points as Wall Street faces an uptick in unemployment

Gold is poised to set a record in the near future for its highest close ever

One measure of the U.S. dollar nears its lowest close in about two years





Wednesday, July 22, 2020






Tuesday, July 21, 2020




                  General Dynamics F-16 Fighting Falcon




Sunday, July 12, 2020
The Street: These three economically sensitive stocks are already near or past correction territory. Which means that signs of an impending Bear Market are already in the handwriting on the proverbial wall


                          
                             "This Is My Promise To You"                                 
                                                                  "Tu -- Calor Urbano"
 

                                                        "I Need A Love Like Yours":






Saturday, July 11, 2020


                                  "Can't Let Him Down"



Friday, July 10, 2020
Dow jumps 360 points on the hope that a COVID treatment is imminent


                
                                               Walter Lewis in 1980
                   "Walter's Song --This Is My World"


Thursday, July 9, 2020



NBC News: President Trump's Tulsa rally likely led to a coronavirus surge of 500 cases, says a top health official




                                SHE IS HOLLYWOOD'S NEXT SUPERSTAR

                    YOU FIRST SAW HER HERE. MARK YOUR CALENDAR     
 
    Soundtrack Excerpt Part II: "Destiny -- A Legend of Our Time"

                               "Seconds"

                    "I'm In Love Under New Management"

                                         "Spell"

                          "Didn't We Almost Have It All"

                           "Ooh, Baby Baby"
         
                            "I Do Love You"

                               "Imagination"

                           "Ooh, Baby Baby"

                         "The Way We Were"



Wednesday, July 8, 2020


Vox: America is facing a looming wave of evictions -- an immense number of evictions

Reuters: Fed officials suggest that the American recovery my be stalling




                    "Girl (Why You Wanna Make Me Blue)"
                          
                                    "Walk Away From Love"

                                      "My Girl"

                         The Temptations -- Motown 40



Tuesday, July 7, 2020


Overnight, stock futures were mixed following Monday's big Dow surge

  What is the Democratic Party's policy promoting economic growth?
                           
                                    That is a trick question

    The Democrats have no policy that promotes economic growth

When it comes to issues of taxation, finance and business, the Democrats are clueless, and Democrats just muddle along, hoping for good results in the long run. Whatever happens will be a surprise



                              History of the Uyghur people


Monday, July 6, 2020

Overnight, U.S. equity futures remained upbeat, despite a resurgence of COVID-19 and political acrimony

                   Rape prevention kit that is great for self-protection







                                     

                     These two Black men did not have self-protection




                             
          

                                       "What Now"

                                     "Duke of Earl"





Bloomberg Businessweek: Here is how the American worker got fleeced regarding wages, benefits and employees' rights




Saturday, July 4, 2020

                               "God Bless The USA"                  




                               
                 
 
                              Whitney Houston

                                   Beyonce

                                   "Home"

For an Independence Day party, if you scroll down to April 22, 2020, you will find a portion of the "Destiny" soundtrack that is ready to party


Friday, July 3, 2020


The point of the Second Amendment is self-protection. Rabbit hunting is not the point of the Constitution's Second Amendment

                      "Exodus -- Movement of Jah People"



Thursday, July 2, 2020




Wednesday, July 1, 2020


                          What is a Fibonaci retracement?

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                    Destiny -- A Legend of Our Time®
     The e-book will go on sale in 100 of the World's largest
                     languages on January 31, 2021

                    The blockbuster, mega-hit movie
        will be in theaters Worldwide in December, 2022





                      ********* -- Hollywood's Next Superstar

************* portrays Irene Smalls in "Destiny -- A Legend of Our Time".  Irene was Miss Black New York State in the August,1970 Miss Black America pageant.  She finished the contest in Fourth Place.

Walter Lewis and Irene met at New York University Law School in October, 1970 when Walter was a first year law student and Irene was an African-American Studies major and in her senior year of study at the Ivy League's Cornell University in Ithaca, New York.

Walter fell in love with Irene at first sight. Irene fell in love the next day.



   *********** may win  the Best Actress Oscar at the 2023 Academy Awards

"Destiny" will be a very controversial e-book and movie. The thesis of "Destiny" can be summarized in a single, almost unbelievable sentence:  There is a criminal syndicate embedded within the United States of America's military, the Central Intelligence Agency and many local police departments around the planet, and this criminal syndicate is the World's biggest transporter and seller of heroin. It is the World's most wealthy, dangerous and successful drug cartel. 
 
These criminals call themselves "The Group", and they transport high-potency heroin from Afghanistan, using American military aircraft that are flown by American military flight crews, into America, Canada and Europe. The Group probably came into existence in 1948, when the CIA teamed with the heroin-dealing Corsican Mafia in order to beat down Communist-backed dockworkers who were striking at the Mediterranean shipping port located at Marseilles, France.

The terror and destruction in Afghanistan created by the Group's heroin trafficking is one of the primary reasons why al-Qaeda attacked America on September 11, 2001. The attack was one of revenge that was triggered by the Group's rape of Afghanistan and its people as the country was transformed, starting in 1979, into a narcotics empire at one time led by a homicidal sociopath named Gulbuddin Hekmatyar; a man nicknamed -- the "Butcher of Kabul" by the Afghan people in the 1990's.

    Are you surprised you have never heard of Gulbuddin Hekmatyar?
       Hekmatyar was at one time the World's biggest-ever drug czar
              And he may still be the World's biggest-ever drug czar.
                In 2019, Hekmatyar ran for President of Afghanistan
                      And finished third in a field of 18 candidates

The Group's heroin trafficking out of Afghanistan in large part triggered  the conflict between the West and Sunni Muslims that has been named the War on Terror by the Western media.

"Destiny" argues that President Donald J.Trump must call for a Worldwide ceasefire in the so-called War on Terror; and America must call for the commencement of peace talks in Switzerland as soon as practicable. The ceasefire will save tens of thousands of lives that would be lost in this senseless conflict that might drag on for 100 years.

"Destiny" is also an intense love story between Walter and Irene, as well as a touching tale of love lost, which spans five decades of commentary on the global scene.

"Destiny" is a bone-chillingly serious true story about international heroin smuggling and the United States of America. "Destiny' is not fiction; it is also not a musical. However, the "Destiny" soundtrack has the most songs of any movie in Hollywood history.

Here is a prediction:
                 "Destiny" will dominate the 2023 Academy Awards at a level not seen since "Lawrence of Arabia" in 1963 and "Titanic" in 1998

****************************************************************************************
The following is an excerpt from the "Destiny" soundtrack, which focuses on the first few years of the romantic relationship between Walter and Irene:

                                                                           Part I

                          "La, La, La, Means I Love You"

                                     "Hypnotized"                                                                    
                                    "I'll Be Sweeter Tomorrow"

                                           "My Baby Loves Me"
                               
                                               "You and I"

                                                "Happy"    

                          "True Love Does Not Demand Fidelity"
                                         
                                     "Since I Lost My Baby"

                                                "Seconds"                                            


   

                 "Flyin' high In the friendly sky on heroin"

                                 "What's Going On"



Monday, June 29, 2020


    My brother and his wife -- 25 years of marriage and going strong
                                 "Anniversary"

                                                    

Sunday, June 28, 2020






      

                                       "You Are My Lady"

                                     "Tu -- Calor Urbano"

                                        "I Do Love You"

                                                  "Ang Laga De"

                                                  "Tamally Maak"

These are the best love songs in Mandarin, Spanish, English, Arabic and Hindustani, and they are guaranteed to work magic on the beautiful ladies of each culture. Absolute magic. Just play the correct language


Saturday, June 27, 2020

    


                                            
    


                                       "What's Going On"

                                       "My Dear, Mr. Gaye"




Friday, June 26, 2020

 
     
      There is no situation so bad that it can't get worse®



Monday, June 23, 2020




Friday, June 5, 2020





Monday, May 25, 2020



There is no one more blind than the person who does not want to see®

                      Destiny: A Legend of Our Time®




Friday, May 22, 2020
Dow slips 9 points before the holiday weekend and U.S./China trade relations are being cited as the reason


Hong Kong stocks and oil plummet heading into Memorial Day weekend



Thursday, May 21, 2020


Wednesday, May 20, 2020





Tuesday, May 19, 2020
Dow closes with a loss of 391 points as optimism over a possible vaccine crashed back to earth

The S&P 500 has closed above its key Fibonacci retracement level with respect to the coronavirus pandemic selloff

February 19, 2020 -- record close of 2386.15
March 23, 2020 -- 39 month low of 2237.40
Fibonacci golden ratio is 1.618
As of yesterday, both the Nasdaq and the S&P 500 have retraced



 Are financial markets all over the World on chloroform for the moment?
                           We'll see as the future unfolds

    Do you wish that you had left the stock market on August 27, 2019?
     There would have been a lot less stress over the last nine months
                            See this column for August 27, 2019

**********************************************************************
In 1973, soon after I graduated from law school, I did legal research for a client of the Wall Street law firm of Dewey, Ballantine, Bushby, Palmer & Wood that concluded it was legal for an American corporation to do business with China. The client, an American subsidiary of France's Louis Dreyfus Corporation, then sold $250 million of American wheat to China. This was the start of U.S./China trade relations in the modern era, See the complete account in this column, dated September 17, 2018
**********************************************************************








Monday, May 18, 2020
Dow soars 912 points today on Wall Street, in response to hopes of a vaccine and re-openings in many areas of the country


Federal Reserve Chairman Powell says America's GDP could shrink more than 30%, but he doesn't see another Depression on the horizon

CNBC: Market history indicates that the Dow stocks may offer a better refuge in the current market than the Nasdaq

President Trump has demanded the jailing of Barack Obama and Joe Biden following Trump's allegations of corruption

Overnight, markets in Asia were mostly moving in a positive direction



         Captain Walter Lewis, U.S. Air Force, at Norton Air Force Base
                                             During the Vietnam War

                                           But today is May 18, 2020
 Today, you should do what President Trump did during the Vietnam War
                                        Stay at home

CNN: A person in Northern California attended a church service while unaware he was COVID-19 positive. He exposed 180 people to the virus







Friday, May 15, 2020
Treasury yields fall as the retail sales figures come in with losses of historic proportions -- the worst one month loss in American history







              
                  
                      Seventeen members of the Cranbrook Class of 1966
                                        
              Walter Lewis                                    Eddie Randle
              
             Cranbrook Prep School, Bloomfield Hills, Michigan in 1966

                                           "Gloria"



Thursday, May 14, 2020
Business Week: If President Trump tests positive for COVID-19, then what happens under our Constitution and laws?

Dow closes with a gain of 377 points, following a day of trading that started deeply in the red, but went strongly positive by day's end


  

          


Wednesday, May 13, 2020

Washington Post: April saw the sharpest increase in grocery store prices in nearly 50 years



                   

                                       "This Is My World"


***************************************************************************
                             Today's European History Lesson


     

                           The Gutenberg Bible -- printed in the 1450's

************************************************************************





Tuesday, May 12, 2020

The Federal Reserve has begun buying corporate bond ETFs, and this step may indicate an ominous future



       U.S. stocks are at their most expensive level of the last 20 years


Market Watch: Apple's stock hovers near a three-month high as its dividend payment date nears





***************************************************************************
      

Many people have asked how I have managed to survive so many close calls when attacked by the extremely evil heroin cartel called "the Group" -- as set forth in "Destiny -- A Legend of Our Time"  The most recent attack occurred on the evening of April 29, 2020, when I was fired upon by an assailant who pulled the trigger on a sniper's rifle as I walked eastward on Genesee Avenue, through Tecolote Canyon, in San Diego. The bullet slammed against a traffic guardrail two feet away from me. The shot was taken from the top of a hill, a distance of about 300 yards away -- the length of three football fields.

                                          "God Favored Me"
                                           
***********************************************************************




"Destiny -- A Legend of Our Time"  brings to the screen Allison Johnson in the role of Magdalene Smythe, a law student at New York University who graduated in 1974 and then pursued a career in labor law with a Fortune 500 company. Magdalene is a rarity in the legal field -- she is mixed Black and Shinnecock Native American. Magdalene is one of the attorneys that Elizabeth Warren robbed when Warren misrepresented her ethnicity to Harvard Law School in the 1990's

                       Allison may win the 2023 Best Actress Oscar






Fortune Magazine: How does America pay for trillions of dollars in pandemic relief? Simple, use hoke-us poke-us  Do not conclude that I agree with the shiny coin idea because this article is here



                                                       



                                                  

Is there an inherent problem with the trillions of dollars of deficit financing currently underway to assist families during the pandemic crisis? Of course there are problems -- the money will require repayment and interest accrues, which also must be repaid.

However, the reality is this: Without these government checks many would starve and/or soon be homeless; consequently, the support payments must be made in order to maintain a civil society. But going forward, the writing is all over the wall: Americans need to maintain a higher rate of savings in the future, so that rainy days like these will not quickly turn into death by drowning.

What's the worst things that can happen? Actually, there are three doomsday possibilities. Not in any particular order: America might decide that it's China's fault, so America nukes China or works to overthrow China's government. Second, America might decide that it's China's fault so America refuses to pay our debt to China; this causes China to nuke America or invade America in order to seize trillions in assets from the deadbeat nation. Third, an extended period of government relief checks might trigger hyperinflation that will obliterate the Nation's economy for decades. Here is what hyperinflation looks like: A loaf of cheap, whole wheat bread at Walmart today costs $1.35. After two years of hyperinflation the same loaf of bread costs $18.25 -- but you have no more money than you have today.




Kelly Veronica Torres Botina, the Calafia Oak Apparel fashion model, is herself in "Destiny -- A Legend of Our Time". Pictured above on a 2015 adventure with Walter Lewis in the Colombian rain forest near Cali, this natural beauty does not require make-up or fake hair. When you've got it, you've just got it

            Kelly may win the 2023 Best Supporting Actress Oscar

                                   "Amor De Mi Vida"
 


Sunday, May 10, 2020
Fortune: Why is the stock market up, even though all the economic data is down? Answer: Because there is a good deal of optimism in a segment of the investors on Wall Street




"Destiny -- A Legend of Our Time"  is pleased to announce that Susana Martins will be playing the role of Julia Wilcox, the State of California's Taxpayers' Rights Advocate in the 1990's, and the smartest, most talented woman from Sacramento County to the San Francisco Bay Area. Julia is a Christian woman -- a true believer

                                "La, La -- Means I Love You"




                       Susana may win the 2023 Best Actress Oscar





Saturday, May 9, 2020


************************************************************************
                            Today's European History Lesson


 
     Have you ever heard of the Battle of the Milvian Bridge?  Probably not


**********************************************************************



"Destiny -- A Legend of Our Time" presents ---- in the role of Samantha Black, a New York University Law School student who transferred to NYU in her second year, and then graduated ahead of the usual time schedule, passing the New York Bar examination on her first try in February, 1973. Her specialty: U.S. Patent Law

                     ---- may win the 2023 Best Actress Oscar


Friday, May 8, 2020


              


Thursday, May 7, 2020
Dow closes up 211 points as optimism rules the trading on Wall Street




Forbes: Donald Trump and the Fed could be about to destroy the American banking system with an infusion of $6 trillion in cash and ultra-low rates


                       It never rains in Southern California

************************************************************************
                            President Trump's Economy
President Trump continually touts the American economy's performance
under his administration as being the best ever in the country's history. And the fact is: True, the economy pre-coronavirus did have magnificent statistics with respect to unemployment rate and stock market performance.

However, there was a factor that Trump never mentions, because it alone might explain the January, 2017- January, 2020 spectacular growth. Namely: The United States budget deficits during this period were huge -- approaching $1 trillion annually, and this unsustainable infusion of money into the National economy would tend to lower unemployment, inflate the stock markets and raise public optimism. For a while, everything would be rosy, as financial assets grew so very tall and businesses expanded with many, new employees.

But those tall trees never reach the sky. Instead, the pandemic catastrophe revealed how shallow our "Greatest economy of all time" actually was, as businesses and individuals crash and burn because there was actually no money for that proverbial rainy day -- which in this case does not involve umbrellas; it involves face masks, latex gloves and disinfectants.

************************************************************************



               "That's right, darkies -- We got us sum' superior jeans"

Some have theorized that one of the purposes of segregation in Jim Crow America was to prevent people of color from discovering how stupid many White people actually are -- to maintain the illusion of White supremacy

               

                           

Wednesday, May 6, 2020
Dow falls 218 points as President Trump casts doubt on the U.S./China trade deal and economic data show a huge number of April layoffs

Axios: Here are the states where the coronavirus is spreading the fastest







"Destiny -- A Legend of Our Time" introduces ---- who portrays Leticia dos Santos, a De Beers Group representative to the Angolan government. Sofia is a double-agent, whose actual allegiance in 1986 is to Nelson Mandela's African National Congress and the oppressed Black people of South Africa

              ---- may win the 2023 Best Supporting Actress Oscar

                                         "More Love"
 


Tuesday, May 5, 2020




        Oil tankers around the globe are used to store the petroleum glut




Monday, May 4, 2020
After getting off to a very bad start , the Dow is able to recover by the close with a gain of 26 points, thanks to the energy and technology sectors


                 
            Is the specter of hyperinflation on the horizon in America?




Sunday, May 3, 2020

CNBC: Jim Cramer says that his most trusted market indicator is causing him concern about the trajectory of stocks

                                      Black Monday -- October 19, 1987


Saturday, May 2, 2020
   

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             February 27, 2020 Stocks in Tokyo dropped more than 1% in early trading because of disease anxiety among investors

Overnight, U.S. stock futures were under heavy strain following release of information that an American coronavirus case has occurred that is of unknown origin -- indicating the dread possibility of a community spread, which is the first stage of a mass contagion

     

President Trump asserts that "quite a bit" of the stock market sell-off is due to investor fears that the Democrats will win the White House

If the Democrats win the White House in November, what will be the stock market reaction on Wall Street?  I will not tell a lie, even though the truthful answer to this question will be disturbing to many

If the Democratic nominee's business, finance, tax and foreign relations policies are the same on Election Day as these policies are at present, then the Dow Industrials will lose approximately 5,000 points between Election Day and Inauguration. By July, 2021, the United States of America will be in full-blown recession. Unemployment will double. However, interest rates will be low -- in fact, the yield curve will invert.

It is very difficult to forecast exactly how bad things will get as 2022 plays itself out. However, I could foresee the Dow losing 27% of its value by 2022's Election Day. We will lose the House, and the Senate would go further underwater. The Republicans will retake the White House in a landslide in 2024 -- maybe Donald Trump Jr.  Just kidding



                         Senator Sanders?   Is that you?

                              


Wednesday, February 26, 2020
In early trading on Wall Street, the market rebounded at the open, but by midday the gains had substantially evaporated

At the close, the Dow was down 124 points after a roller-coaster day

Jim Cramer: "It's time to start buying something." Buyer beware


Daily Mail: This evening Donald Trump held a news conference and addressed the Nation on the coronavirus pandemic


                          What should an investor do now?
Seriously, your guess is about as good as mine at this point., The fact is this: I said that the risk-adverse investor should leave the stock market on August 27, 2019 and stay out. See this blog for that date





               




 
                   

                               "The Closer I Get To You"

                                     "Superwoman"



Tuesday, February 25, 2020
Reuters: The value of the dollar is falling in expectation of a rate cut by the Federal Reserve


The plunge in the Dow continued today with a fall of 879 points. Over the last two days, stock losses on Wall Street have totaled $1.7 trillion. This has been the worst two-day point drop in history

The 10-year Treasury is at a record low of 1.32%. The yield curve has practically inverted. This is a widely acknowledged warning sign that a global recession is imminent
                         
                                What is an inverted yield curve?
 




      
                          


                                   "Adore You"

                      

Monday, February  24, 2020


Sunday, February 23, 2020


                             
                                  "Memoria Rota"

                                "Amor De Mi Vida"

                            

Saturday, February 22, 2020

 
                                Senator Bernie Sanders






Sunday, January 26, 2020


Evelyn Cheng: Officials describe how the coronavirus is beginning to hit China's economy




                                     Superstar
                                   
                               Jennifer Hudson
 
                                Beyonce's Tribute

                                  Michael Jordan

                                    Shaq O'Neal

                                  Vanessa Bryant


Saturday, January 25, 2020
Why the coronavirus outbreak could trigger a stock market pullback, despite the current bullish sentiment




                          Trump Impeachment Trial



Friday, January 24, 2020





                  Text of U.S./China Trade Deal Phase One



The Vox article that is linked above is an example of left-wing propaganda, which is designed to influence the casual observer of America's tax policy. It is misleading in a number of ways. The Democrats need to develop tax and business policies that are more substantive than spiteful and demeaning use of language

                         Trump Impeachment Trial



Thursday, January 23, 2020
Dow falls 26 points amid a deluge of earnings reports and the anxiety caused by the coronavirus






                             Trump Impeachment Trial





Wednesday, January 22, 2020
Adarsh Sinha of Bank of America: Expect the dollar to depreciate in 2020 as economic growth picks up around the globe






                         Trump Impeachment Trial


Tuesday, January 21, 2020
Dow loses 152 points under the pressure of a possible coronavirus case in America; plus, Boeing is hit hard










Monday, January 20, 2020
Overnight, a pipeline shutdown in southwest Libya has affected output causing oil prices to rise









                        "The Great March to Freedom"

                           Detroit Walk to Freedom


On June 23, 1963, a civil rights march took place in Detroit, Michigan in which more than 125,000 people walked with Martin Luther King in commemoration of the tragic 1943 Detroit race riots and to strike against racial discrimination. The march was the largest civil rights demonstration in the history of America to that date. Dr. King delivered his "I Have A Dream" speech at the end of the march before a packed auditorium at Cobo Hall. I was there that afternoon and was privileged to witness the awesome address


Sunday, January 19, 2020




Saturday, January 18, 2020




Friday, January 17, 2020
Dow gains 50 points to cap off a history making week across the board on Wall Street and the Nasdaq






Thursday, January 16, 2020
Dow soars 267 points and the S&P 500 tops 3,300 for the first time

Chris Ciovacco: Forecasts that the bull market will continue, but expect some scary losses along the road

Wall Street Journal: Wall Street surges ahead as the market looks to corporate earnings




                     Impeachment of Donald Trump



Wednesday, January 15, 2020
President Trump has signed phase one of a China trade deal

Dow adds 91 points on the date of signing the U.S./ China deal



                Summary of the China/United States trade war




Boeing aircraft orders have fallen to a 16-year low under the weight of the 737 MAX fiasco





                          "Make Love in This Club"


Tuesday, January 14, 2020
The American CPI is rising at the fastest rate since 2011, but, ironically, inflation is still low

New images show damage to military installations in Iraq from the Iranian missile attack







                          "Dr. Strangelove -- Attack!"
                     





Monday, January 13, 2020
Dow adds 83 points and the S&P 500 closes at a record high following release of news that China will be removed from alleged currency manipulation status


Federal deficit hit $984 billion in 2019, and that is a 50% increase over the time that Trump has been in office



                           
                          
  
"I've got my eye on you -- spendin' and spendin' some more"


 







 
    Which way would you prefer to die in the next five minutes?
                List of assassinations by the United States


                        List of assassinations by ISIL 

     Here is a third choice: You choose not to die in the next five minutes   






Wednesday, January 8, 2020







Tuesday, January 7, 2020

Daily Mail: Iran has fired tens of ballistic missiles at Al-Asad airbase in central Iraq






Monday, January 6, 2020
Dow manages a gain of 69 points, following a very rocky start of trading, which included a 200 point loss in early trading


Market Watch: Almost none of the rally in the S&P 500 can be pegged to rising earnings. That is not a good sign


       

                 Do you recognize this man?  Probably not

His name was Mohammad Mosaddegh. He was the fairly-elected 35th Prime Minister of Iran. He was removed from office by a coup engineered by the American CIA and British intelligence service in 1953

                     

                                Who was this man?
                                  He was a soldier





Saturday, January 4, 2020



    What we have here is a failure to communicate


Friday, January 3, 2020
Dow plunges 234 points in response to the American attack on an Iranian general named Qassem Soleimani

                                    Iran and the Middle East
For extensive information on Iran, and the Middle East, see the text set forth on June 21, 2019 and July 26, 2018


        
                                           The Tip of the Sword

             This is the very rare sight of two B-52D's flying in formation

I have seen six of the giant planes in formation at a top secret location near the Arctic Circle. It was a sobering experience when one comprehends that each plane's nuclear weapons carry more firepower than all the bombs exploded in World War II combined

                           "Looking for Freedom"


Thursday, January 2, 2020
Another huge day in New York: Dow soars 330 points to a new record close, with the S&P 500 and Nasdaq also at new records




                         Shanghai -- the financial center of China


        

                                "You Are My Lady"
 
   Even if you can't speak Mandarin, you can be sure these are love songs

                                          "I Am The One"



When did the United States and China become trading partners? Answer: In the modern era -- 1973. See the information set forth below in this column, dated August 25, 2019

 

                 "Flying High In The Friendly Sky"

                             "Danny Boy"



Wednesday, January 1, 2020





                              Happy New Year


Tuesday, December 31, 2019

Dow, Exxon Mobil and IBM presently top the "Dogs of the Dow" list

***********************************************************************************************************************

                               Year End Numbers For 2019

                                 Gain
Dow       28,538.44   +22.3%

S&P 500 3,230.78    +28.9
 
Nasdaq  8,972.60    +35.2%

Apple     $293.65     +85%

Microsoft  $157.70  +55% 







                                 Happy New Year's Eve
                         


                               "Please Me"             

                               "24K Magic"

                               "Body Party"

                                  "Sugar"

                         "This Is How We Do It"

                                   "Yeah"

                                "Too Close"

                                   "Party"

                           "Sex On The Ceiling"

                                   "Sola"

                        "Sex You Back To Sleep"



Monday, December 30, 2019
Dow falls 183 points on very low volume and few news items that would move the market under ordinary circumstances




Sunday, December 29, 2019



                       

                        "Once Upon a Time in Hollywood"

                              "California Dreaming"
                              
                                                              "Summertime"





 



Saturday, December 28, 2019



                                 "Imagination"






                                "Through the Fire"

                                "Everlasting Love"


Thursday, December 26, 2019


Wednesday, December 25, 2019
 
                        MERRY CHRISTMAS
                  


Wednesday, December 18, 2019
Friday, November 22, 2019
Dow ends its losing streak after three days with a gain of 109 points, following positive economic data and rising optimism




     "This man has entered the Twilight Zone. All should fear the future"


Thursday, November 21, 2019
If you own an Android telephone, you should take a look at this right now, and read it slowly

South China Morning Post: Overnight, Chinese markets were pounded as anxiety rose concerning U.S. support for Hong Kong protestors and that support's possible affect on trade issues

Macy's shares fall sharply after cutting its forecast on holiday sales that may prove to be sector wide



 
                        
                                Debate Night in America
                                 November 20, 2019





                                               

                                    "Don't Want To Be A Fool"




Wednesday, November 20, 2019
U.S. healthcare sector picks up steam as some political worries show signs of abating

Dow falls 113 points on a report that phase one of the China trade deal may not be completed this year -- or ever




                         Career of Gordon Sondland






                                    "Love on the Brain"

                                  "Love the Way You Lie"
 
                                         "Diamonds"


    


              Um, humm, girl.  And you can sing?  I'll take it.  Call me




Tuesday, November 19, 2019
The Street: The recent theory of impending recession is grinding to a halt. Here's what's next for financial markets




Monday, November 18, 2019

Ford's Mustang Mach-E is a radical gamble on an electric future


Dow gains 33 points, as Wall Street sets new records at the close
 


*********************************************************************************
For months now there has been a campaign of derision concerning China -- including apparent news stories of questionable authenticity that appear to target the attention of non-Whites -- particularly African-Americans.
                                   
                                       For example:





I suspect that the organ harvesting narrative is abject propaganda and totally untrue, which is being injected into social media in an attempt to counteract China's successful global outreach effort known as:   One Belt, One Road

In the Third World, the Chinese often point out the truth to developing countries and distinguish themselves from the United States and the Europeans: "We were never your oppressors"





Sunday, November 17, 2019
Chris Matthews: With Dow and S&P 500 at record levels, investors are ignoring a material deterioration in the global economy

CNN Business: Saudi Aramco is the world's most valuable company -- at $1.7 trillion, according to the pricing of its upcoming offering, which is scheduled for December




"Titanic" was made on a record-setting budget of $200 million and released in 1997. Its box office gross was $2.187 billion

                                  "My Heart Will Go On"

                                                           "Incredible"





Saturday, November 16, 2019
Yahoo Finance: The "Hindenburg Omen" and the "Titanic Syndrome" were just triggered on the Nasdaq. Are there any chart watchers in the house following technical warnings?



                        

               


                          Sean Hannity and Rush Limbaugh
         Extremely successful Propaganda Boys of the right-wing

These two men, five days a week, preach to their mega-audiences for hours, and lay out the arguments that support the right-wing positions on the issues of the day. My question: Are the other sectors of the media giving debate on these issues? Or is the usual case one in which the right-wing arguments are lazily ignored -- generally by labeling them "conspiracy theories"?

There have been many examples of issues that are ignored on MSNBC and CNN, even though they are recited numerous times each week on Fox News and on right-wing talk radio. A few examples: Fast and Furious; Uranium One; only the right-wingers are good Christians; stupid Obama thinks there are 57 states in the Union; stupid Obama makes an international apology tour; stupid Obama gives $150 billion to the Iranian mullahs; and stupid Obama hates the Cambridge police and, by extrapolation, of course, all policemen in the country 






Friday, November 15, 2019



Tobias Levkovich, Citigroup's top U.S. equity strategist: Here are the top worries confronting investors in 2020







 
                  Former Ambassador Marie Yovanovitch


Thursday, November 14, 2019






Wednesday, November 13, 2019
Reuters: Israel kills nine Gazans, says Islamic Jihad, as the militant group launches rockets in retaliation







                    A day that will be known for its infamy






Tuesday, November 12, 2019
Dow closes perfectly flat -- and that is a very rare occurrence



                             2020 Ferrari F8 Tributo Spider
                                  Not for the faint of heart
                                               $350,000


Donald Trump's speech was supposed to move the market. The Dow did not move at all


 
 
                                   "Reasons"

                                  "Danny Boy"



Monday, November 11, 2019
CNBC: After a couple of quarters of anxiety, Wall Street is shrugging off its fear of Medicare for All -- for the time being

Microsoft, Apple and Alphabet all closed at record highs on Friday. Is that a good sign or is that actually very frightening?

Barron's: Now that stocks are repeatedly hitting record highs, where can an investor find value today?

Dow adds a slim 10 point gain, but that's enough for a new record close, thanks in large part to Boeing




   "My feet hurt mighty bad, so I'll just keep an eye on things here in Manhattan"




                               Veterans Day 2019                                                       
                                      "Home"





                                 Captain Walter Lewis
                                         U.S. Air Force -- 1974
 Captain Lewis volunteered for the U.S. Air Force at the height of the Vietnam War
                                          Some came running



                               Lt. Colonel Edgar V. Lewis
            In the pilot's seat of a U.S. Air Force B-52D -- 1968


Sunday, November 10, 2019





Saturday, November 9, 2019

Barron's: Is it time to shop for stocks in Europe and Japan?

Market Watch: A golden cross is forming in the Russell 2000

Tom Lee of Fundstrat Global Advisors: A Santa Claus rally is here

                      

           The fact is this: She has been known to be mistaken
                   before about some pretty important things
                                     But haven't we all?