IMHO Warning: Stock Market MAJOR Correction Imminent

I went to the mall today.

This is a few weeks into reopening phase 2!

I expected people would have pent up demand and be swarming the stores even while keeping their social distance.

They weren’t at the mall! 

The stores were nearly void of people.

The shelves were virtually empty of goods.

Whatever merchandise there was seemed to marked “sale, sale, sale” even on the already deeply-discounted clearance items.

It was completely frightening–like the economy is dead or on severe life support!

Most stores had 3 or more associates standing around or sitting twiddling their thumbs.

This while the stock market keeps ticking up and the NASDAQ is reaching new highs almost daily.

Coronavirus is surging again across much of the U.S. and there is almost 140,000 dead in the U.S. after just 5 months even though much of the population was in self-quarantine.

The economy looks to me in sh*t shape, despite the U.S. pumping $3 trillion dollars more of debt to artificially prop up the economy and the fed lending out money at super low rates.

It makes NO sense for the market to be hitting all time highs as if everything is all roses when the economy is still a true mess!

The New Yorker magazine wrote back in May of a post coronavirus “decade of depression” with an L shaped recovery, yet we keep seeing a V-shaped one and no one seems to be able to offer any plausible explanation for it.

Two-months ago, even before the recent stock run-up to higher levels, Business Insider reported that “the Stock Market is trading at its highest valuation in 18-years.“

Last month, Forbes reported that “the stock market appears to be reaching unsustainable highs.“

Yesterday again, Bloomberg reported that the “economic recovery is faltering.”

Almost daily, I read that companies are laying off their workers (in Travel, Transportation, Entertainment, Retail, Energy, etc.) or declaring bankruptcy (e.g. Hertz, JC Penny, Neiman Marcus, Chesapeake Energy, and more).

This while we are still, in the best case scenario, maybe half a year away from the possibility of a tested, approved vaccine. And then it will then need to be mass produced and mass distributed to hundreds of millions of people in this country and billions globally.

In the meantime, we certainly could be up for a second wave of Coronavirus on top of the flu in the fall/winter. And then the Coronavirus may mutate and become more virulent requiring annual vaccines like the flu shot–more hit or miss.

All this while U.S.-China trade war is imperiling our economy further, and arch-enemies Iran and North Korea remain national security threats.

To me this all points to that we are nowhere near out of the woods and perhaps that there is a wildfire raging and no one seems to be paying any attention!

The stock market euphoria is a common trap and is the definition of “irrational exuberance” but comes after investors have been robotically indoctrinated to buy the dips!

IMHO, buyer beware, beware, beware. 😉

(Credit Photo: Andy Blumenthal)

Build Others Up

I saw this in one of the student lounges at the local JCC.

It says:

“Don’t Cut Down Others”

It’s far better to build people up then to tear them down. 

Jut like with trees, it’s better to plant a trillion trees than deforest the Amazon Rainforest. 

Trees are life and people are life. 

Be constructive and not destructive. 

Offer a nice word or compliment; provide an attentive and empathetic ear; give direction with some advice and guidance; lend a hand to someone in need; and in general, be a good influence. 

Unfortunately, too many people default to cutting down the old cherry tree! 😉

(Credit Photo: Andy Blumenthal)

NJ Pollution–How Do You Ignore It?

This is the view along the New Jersey Turnpike. 

The pollution and stink coming out of these smokestacks running up and down the Turnpike is enough to make anyone sick. 

Personally, I had to cover my nose and mouth with my shirt just to try and filter this crap out. 

What do people tell themselves that live near these?

Oh, it’s okay because the government regulators wouldn’t let them be here otherwise!

For real???

If you can see it’s nasty, and you can smell that it’s nasty, and there is a lot of it, then you better wake up as to what you are breathing, drinking, and eating. 

How about these polluters put a cork in it once and for all! 😉

(Credit Photo: Andy Blumenthal)

Sucking It Up

Here we are sucking up leaves in January. 

It almost looks like we’re sucking up the whole ground with it!

After the warmest decade on record, we seem to be having the warmest year on record. 

It’s 52 degrees out, and we’ve been reaching up into the high 60’s so far this month.

Global warming or the big fires in Australia or action with Iran are heating things up here in Washington, D.C. 😉

(Credit Photo: Andy Blumenthal)

Beautiful Solar Power

Thought this was a beautiful rendition of solar power. 

You can have energy. 

And you can have art. 

Here you can have both. 

It’s functional to harness the sun’s energy and it’s designed to look sleek and fit the landscape. 

Nice job by Florida Power and Light (FPL)!  😉

(Credit Photo: Andy Blumenthal)

Oh Baby, It’s Warm Outside?

I love when people can communicate through pictures effectively. 

Truly, a picture is worth a thousand words–probably more. 

This was a simple drawing to depict I assume global warming. 

– 2000 some nice mountain glaciers.

– 2020 the snow is melted.

It’s like the person didn’t have to say a word. 

But I get it. 

Also, I know there is supposedly a lot of scientific evidence for global warming.

But for me personally, I don’t see it or feel it.  

The summers, if anything, feel cooler and the Winters feel colder to me. 

I know that is anecdotal and not representative of the world. 

However, it is hard to reconcile what the scientists say, when your own eyes aren’t seeing it. 

Granted, I’m not in Alaska where, for example, the glaciers are melting, 

Still wouldn’t we be feeling something here?

Maybe a few degrees really isn’t perceptible. 

I guess time will tell us for certain. 

Hopefully, by the time we do see it, we won’t get run over by the speeding train.  😉

(Credit Photo: Andy Blumenthal)

Daylight Saving Time S*cks

Daylight saving time makes NO sense. 

It does NOT save us a lot of energy as designed. 

Call it the wrong assumptions or bad science.

The law requiring daylight saving–switching the clocks (“Fall Back” and “Spring Forward”) is archaic and needs to be repealed. 

We’re messing with people’s sleep cycles and their health. 

People waking up groggy all over the country, feeling crappy during the day, and losing much needed productivity.  

How about we repeal this stupid law NOW and not waste any more time on the squabbling politics of the day?  

(Source Photo: Andy Blumenthal)

Net-Zero Energy House

Today, I had a wonderful opportunity to explore the National Institute of Standards and Technology’s Net-Zero Energy House.

As its name implies the residential home makes as much energy as it uses. 

It is run by one of NIST’s 7 laboratories, the Engineering Lab’s Energy and Environment Division.

The 2,700 square foot home is super-insulated and hyper-energy efficient.

It runs on only 12,000-13,000 Kilowatt per year compared to a typical home that guzzles 40,000 KW. 

You can see the array of solar panels on the roof and there is a two-way exchange of energy to/from the grid as available/needed. 

There is also solar thermal water heater. 

The home simulates a family of 4 living there cooking, bathing, watching TV, etc. 

There are 600 sensors inside the house that monitor everything. 

The garage maintains the computers and controls for the research. 

Overall, I was very proud to see the wonderful scientific research being done here. 

It was truly impressive and good for the nation and the planet.  😉

(Source Photo: Andy Blumenthal)

Technology Forecast 2018

Here are Andy Blumenthal’s technology forecast and priorities for 2018.

1. Medical Computing – Continue the significant progress and solve the great illnesses of Cancer, Parkinson’s, ALS, Alzheimers, and so many other horrible and debilitating diseases. Along with longevity, we need to alleviate human suffering and create a higher quality of living for all people.

2. Environmental Computing – Develop more and better clean technologies that can eliminate the Great Plastic Garbage Patch and other heart-breaking garbage dumps and environmental disasters around the world–clean up, breakdown, recycle, and create a more sustainable and beautiful planet for everyone to enjoy.

3. Quantum Computing – Achieve the ultimate processing power and speed of quantum computing to enable us to solve the greatest of mankind’s problems including WMD, and cyber security threats as well as the overcome the transportation and colonization challenges to reach, explore, and settle the depths of outer space.

Invasion of Dinosaur

So what’s with the invasion of dinosaurs. 

First one is standing next to the checkout line in Whole Foods in Maryland.

Second one is actually on someone’s terrace overlooking the beach in Fort Lauderdale.

Third one is the real McCoy from the Museum of Natural History in Washington, D.C. 

Certainly, dinosaurs aren’t cute and cuddly–even the plush ones from Whole Foods–they’d eat you and I for dinner if they could!

So why do we gravitate to relics from the Ice Age past?

Perhaps, just like looking forward to Aliens from outer space, the dinosaurs represent an important historical link for us, and thus anchor us in a much larger perspective of time and space. 

In a way, it all points to the dichotomy between us as humans with great–almost endless–potential, and yet at the same time, how small we are relative to the enormous dinosaurs that roamed the earth of yesteryear as well as the distinct possibility of mighty extraterrestrials that we may someday (soon) encounter from outer space. 

From this context, I guess what’s really amazing is that we, as a people, are still here!

Despite our bad habits and unsustainable living, we continue to innovate our way out of own messes of greed, conflict, contagion, pollution, and resource depletion, and create a future far beyond what destroyed our predecessors or even what may come from current or potential future foes. 

Like the economy, we think we can grow ourselves out of all our troubles–and who knows, maybe we can if we can continue to stay at least one or two steps ahead of all the challenges and threats–but, at the back (or front) of our minds is what if we can’t or don’t?  😉

(Source Photo: Andy Blumenthal)