Defeated candidate, they cannot possibly catch up and thats where we are today. Joe bidens margin is so large in all of the states that are being contested, that even though some of the states have not finished county, they still know who won. And joe biden won a majority of the Electoral College votes. I am x. Kaiser. This is the very kind to report in, oh, never discount the power of meaning. This max, my favorite mean of all time, really i think gets to the heart of all the stuff that is going on. Whether it was the failure to predict what happened in 2016, both in the us election and breaks that. And now in 2020, is that when you create this fantasy world around you of money printing price, propaganda, and political misunderstanding where you never leave your bubble on twitter of all blue checkmarks where you never leave your manhattan elite circles or d. C. Circles, then you dont understand the people and once again, you know, as we saw, and as we see this unfolding boat disaster
It, their elites messaging system has failed. They are unable to communicate with reality. And this is them shouting at reality. And reality is just like continuously asserts itself. So i think thats its, its part and parcel of this, you know, the decline of the empire and rise of another power and they dont know how to explain it. They dont know how to obviously admit guilt of their role in, for example, sending all our jobs over to china. They can admit that. But the end at the end of the day, reality wins. And were going to look at some reality imposing itself. The same sort of mean imposing itself on the u. S. Dollar. Stan druckenmiller and bill miller on the news. Right. And people laugh there is means going around that every investor is a legendary investor. But stand back and roll and bill miller are 2 legendary investors. This is huge quote from stanley druckenmiller. Im a bit of a dinosaur, but i have warmed up to the fact that big queen could be an asset class that has a lot
Recovery will be slower without additional stimulus, but more aid may require cooperation between democrats and republicans. Mindaltering drugs, is it time to invest in pot stocks . Ben levisohn, carlton english and reshma. Ben, voters are always half unhappy, half happy after an election, but investors were clearly gleeful, and the market was up 7. 5 , almost 7. 5 , its best postelection return since 1932. Break it down for us. Yeah. I mean, its a new narrative going around the market now. Before the election it was all about the blue wave and how you were going to get this massive stimulus thats going to drive the market. Now its about glued lock, that were not gridlock, were not going to get tax increases, massive spending, but without the tax increases, everythings going to be okay. Were basically going to have status quo with some small changes around the edges, and you could even get lucky e and see a little cooperation between biden and mcconnell who knew each other from years i
Chairman Jerome Powell saws recovery will be slower without additional stimulus, but more aid may require cooperation between democrats and republicans. Mindaltering drugs, is it time to invest in pot stocks . Ben levisohn, carlton english and reshma. Ben, voters are always half unhappy, half happy after an election, but investors were clearly gleeful, and the market was up 7. 5 , almost 7. 5 , its best postelection return since 1932. Break it down for us. Yeah. I mean, its a new narrative going around the market now. Before the election it was all about the blue wave and how you were going to get this massive stimulus thats going to drive the market. Now its about glued lock, that were not gridlock, were not going to get tax increases, massive spending, but without the tax increases, everythings going to be okay. Were basically going to have status quo with some small changes around the edges, and you could even get lucky e and see a little cooperation between biden and mcconnell who
Every time i see it in the social media. Oh, as dave. Oh, you know, because 1st of all the greatest names of cats, this is probably one of the greatest out names ever in you know, the faces on there. These are the carin, this is the world, you know, screaming women like i am in the, theres Little Kitchen in front of you know, where plato did this with its, its a hyper emotional elite. And their elite messaging system must be, has called it. Theyre at leats messaging system has failed, they are unable to communicate with reality, and this is them shouting at reality. And reality is just like continuously asserts itself. So i think thats its, its part and parcel of this, you know, the decline of the empire and rise of another power and they dont know how to explain it. They dont know how to obviously admit guilt of their role in, for example, sending all our jobs over to china. They can admit the but the end at the end of the day, reality wins. And were going to look at some reality impo