Today's Tids Issue 5.696
The Daily Grift:
I had a problem last night listening to news reports and segments trumpeting the reopening of Bourbon Street when less than 24 hours earlier it was strewn with blood and bodies.
The old maxim. “Life goes on” often doesn't consider the lives of others.
I don’t think I've ever seen the ocean quite as flat as I saw it yesterday. It was like the biggest, most awesome pond anywhere, but no lily pads.
Wall Street isn’t calm, but to may be flat. Suddenly there are a lot of questions beginning to rise on the staying power of the Bull Market.
The Question
Name the top three On-Time airlines.
The Headlines:
--Stocks open higher, And Finish in Blaze of Glory to End Frist Week; S&P Breaks Five Day Losing Streak.
--Johnson Reelected after Promise to Work with Musk's “DOGE”; Behind the Scenes Arm Twisting Prevails.
--NY Judeg Sets Trump Sentencing for Jan 10; Hints No Jail Time.
--Mortgage Approvals Suffer Worst Drop in a Year.
--FBI says Definitely no Link Between Las Vegas and New Orleans.
--Biden Blocks Nippon Steel’s $14.9 Billion Takeover of US Steel.
--China: Tesla Sales Hit New Highs; Apple Phone Sales Sink for Fourth Quarter in a Row.
Tesla is a car company that does what car companies do, -- takes steel, plastic and rubber engineered designs and technology systems and turns them into cars and then tries to sell them. Based on that business model, the stock valuations are way out of whack. So in the minds of investors, Tesla doesn't represent car manufacturing, it represents futurish thinking and that's why it supports crazy valuations... until the next future thinker comes along. But that seems to be the why behind stock prices of today, high percentage gains beyond belief based on something that may not exist.
One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.
--William Feather
Florence Nightingale would probably hate the look of my room when I have a cold.
So far this year, the real time auto sales charts have Tesla as the number ten in US Car Sales. Ford, Toyota and Chvey are one, two, three.
Apple agreed to a $95 million settlement the Class Action suit over “Siri Privacy”. Class members will receive up to $20 each. The legal teams worked really hard to get that for them.
People just like to shop. And while shopping they buy things. They may not have needed anything other than to satisfy the urge to shop. If people only bought what they need, we wouldn't have an economy.
BTW, I searched for data on the average class action suit award. But all of the sites I found seemed run by law firms and the answers were basally disclaimers with no data.
If lawyers are disbarred and clergymen defrocked, doesn't it follow that electricians can be delighted, musicians denoted, cowboys deranged, models deposed, tree surgeons debarked, and dry cleaners depressed? --Steven Wright.
The Answer:
Number one On-Time airline is Aeromexico. Next is Saudia and Delta. I guess the cartels like to deliver on time.
Maybe there’s place out there for 2025. This is a song I remembered from many years ago when candy land fantasies filled the heads of young lads. (The Sons of the Pioneers, country singers, had a lot of hit songs in the 1930’s and 40's. One of the members was Roy Rogers, BT – Before Trigger.)
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