Today's Tids Issue 6,080
A pleasant insanity:
DT keeps saying the peace takes time because Iran has been fighting for 47 Years. No, they have been fighting for a millennium or so.
“When I was a kid my parents moved a lot, but I always found them.” —Rodney Dangerfield
This rotation out of Techs is beginning to look serious. I didn’t usually worry about the stock market until July 17, but reasonable doubts are looming now. The new inflation number doesn't help. Nor does this afternoon report from Oracle, which beat estimates but caused Gasps over lower cloud sales. That is an indicator of AI activity, they say. Will we be looking at those high valuations now?
They are talking about increased presence here of great white sharks and kayak fishing in the same paragraph. I don't see that as compositable. Chomp!
Maine’s Graham Platner proved last night that we are in an era of anything goes and everything is ok. Maybe Bill Clinton will run again.
The Question:
There are lot of opinions saying it will take years to replenish defense and offense Missiles and other long distance attack weaponry. There are four major supplier who are now ramping up with new contracts. Who are they?
The Headlines:
--Inflation comes in Super-Hot; All Markets in Deep Red.
--Trump to Hit Iran Hard Again.
----Trump from the Oval office on CPI: “I love it. The Numbers were Great. You Know what? I Really Love the Inflation.”
--Repub Hilton Advances in Cal Governor Election Process; Says He sees no Election Rigging.
I’d try to write a little Tidlet about my impressions of the World Cup. But I don't know enough about Soccer to be intelligent. Like, what's a Yellow Card. Why does the clock run backwards.
“Instead of getting married again, I’m going to find a woman I don’t like and give her a house.” —Rod Stewart
I think AI is moving faster in some business applications than we realize. Demands to find a way to use are certainly being made.
Some of the wealthiest people in America in the Mid-19th century made their money as China Merchants. So, what's new about selling IPhones in Shanghai?
A lot of missiles have been used in the last several years in Ukraine and now Iran. Either we have really busy missile factories or the arsenal is getting low.
I’m finding that people really seem to like caring for old people. It’s probably because they want them to get injured which would require taking them to the hospital ... and ruin a perfectly good day of golf.
“If you think dogs can’t count, try putting three dog biscuits in your pocket and then giving Fido only two of them.” —Phil Pastoret.
It’s too bad when you have to read headlines liked: “Security to be extra tight at Knicks game tonight.” I thought the USA was one of the civilized countries on this planet.
The Answer:
The Big Four are Lockheed Martin, RTX (Raytheon), Northrup and General Dynamics. 95% of all steel used in defense manufacturing is produce in America, Of all manufactured products, 75% is American made, much of it from recycled scrap.
On June 9th in 1772 a group of Rhode Isalnders fed up with British attacks on Narragansett Bay merchant ships got in rowboats and with muffled oars rowed h out to the HMS Gaspee stuck on a sandbar off Warwick. It was grounded because it was chasing a RI boat which knew the waters better, if you get my drift, The colonial militia group after a short verbal confrontation shot the British Captain and proceeded to take the Revenue cutter and crew. Then they burned it to the waterline. It was arguably the first act of colonial aggression against the British. King George was a irate, they say.
See you all tomorrow
