Politics and Nascar
“I do not know that we can get ‘media fairness’ in this day and age,” says our first contributor. “Come to think of it, the media has never been fair. Abraham Lincoln took lots of abuse, for example.”
Our second contributor says:
“All politicians should be required to wear flame-retardant suits like NASCAR drivers. For safety, of course.”
Not sure where he’s going with this…
“And, just like drivers, politicians should have the names of their corporate — and media — sponsors displayed on their suits. That way we’d all know who they are really representing.”
So cynical. Amusing, nonetheless.
As an antidote for what this reader perceives to be left-leaning media bias, this reader suggests: “I think conservatives, in particular, must use all methods to get opinions out.”
Do you agree?
Your Rundown for Wednesday, December 4, 2019:
Smart. Money. Microsoft.
We reported Oct. 28: “In something of a surprise, the Pentagon tapped Microsoft as its cloud-computing partner instead of Amazon.
“The Pentagon awarded its $10-billion JEDI contract — that stands for Joint Enterprise Defense Infrastructure — to the Bill Gates-founded company rather than Bezos’ juggernaut.”
In fact, what a ride Microsoft (MSFT) has had year-to-date: Up 49.04% this year.
How does that compare to Microsoft’s peers in the computer/technology sector?
- On average, the sector’s gained 29.68% in 2019.
So Microsoft has soundly outperformed.
Drilling down, how does MSFT compare to its peers in the software sector?
- This group has gained about 42.02% so far this year.
Again, Microsoft’s impressive.
Last — if you follow the smart money (and you should) — MSFT is currently ranked second of the 30 most popular stocks among hedge funds.
Market Rundown for Wednesday, Dec. 4, 2019
S&P 500 futures are up 22 points to 3,115.
Oil’s up 3.6% this morning to $58.10 for a barrel of West Texas crude.
Gold is down $2.90 to $1,481.50 per ounce.
Bitcoin is up $176.83 to $7,495.37.
Have a good day. We’ll talk tomorrow.
For the Rundown,