U.S. Army 1983: “Be Intellectually Prepared to React to Possible Encounters with Intelligent, Non-Corporal Energy Forms When Time-Space Boundaries Are Exceeded”
The S&P 500 dividend yield, at 1.89%, is no longer attractive at current stock prices. In addition, companies are free to slash their dividends – which happens during rough times for the company or the market. So dividend investors are taking significant risks for so-so yields.
Suddenly, many investors are beginning to struggle with a question: Would I rather make 2.7% guaranteed risk-free for a year, such as with Treasury securities, or risk losing 10% or 20% as I might in the stock market? The market could surge another 15%, but it could also do the opposite. Year-to-date, the S&P 500, after all the gyrations and volatility, is up only 2.0% (last time I looked) and is potentially just a rough day or two away from turning negative for the year.
So in the end, my 'I really don't want to be too PC' stance simply became untenable. Partly because you definitely can find some emails from me that were simply completely unacceptable, and I need to fix that going forward. But to a large degree also because I don't want to be associated with a lot of the people who complain about excessive political correctness.The chilling effect is real. Don't wanna look like a NAZI, even though that's utter garbage. The most intolerant minority wins again. He finally got tired of the screaming.
This is the Boeing mafia in all of its glory,” the senior Pentagon official says. “Anyone who comes in here [to the Pentagon] will always have Jay Gibson’s experience as a marker. You think anyone who’s willing to take on the bureaucracy is going to want that job? No way. Budget reform is dead, d-e-a-d dead. So much for draining the swamp.
