Thursday, March 16, 2017

Pretty Clear Wall Street Hates SNAP

Random comment/analysis that may interest no one but me:

It is now very clear from events that the Snapchat guys (Spiegel and Murphy) were probably huge dicks during the IPO process and their bankers came to hate them.

The mere presence, let alone the amount and timing, of "sell" ratings on SNAP makes it clear that Wall Street hates these guys.

Tuesday, March 14, 2017

Final Nail In Climate Change Policy??

Whether man-made global warming climate change is real and/or a danger or not is beside the point at this point.  The critical issue if you care about global warming climate change is "what is to be done."

For a long time now, I've argued that nothing really is going to get done to do whatever it is that global warmists want done.  The first reason was that too many countries rely on oil or other hydrocarbons for their very existence.  Second, Europe - the political vanguard for this crusade - is broke.  The third reason is that the really big emerging markets (China, India, Brazil) don't believe in or don't care about global warming climate change.

For the last eight years though, at least the warmists had Barack Obama, who gallantly tried to roll the stone uphill for them.

Well, now we have Trump.  Without expressing my own opinion on the matter we can now add Trump as the fourth table leg that cements global warming climate change as a fringe issue for years to come.

I can't find it on the interwebs right now, but I am reading on my Bloomberg that the Trump administration
"is set to sign a sweeping directive to dramatically shrink the role climate change plays in decisions across the government..."
Fear not though Global Warmists.  After 4-8 years of negative US leadership, and the attendant lack of leadership from the followers around the world, I'm sure the fight can be resumed easy-peasy sometime around 2024.