OPINION | CAL THOMAS: Today s soothsayers
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CAL THOMAS Tribune Content Agency
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Today at 3:08 a.m.
We ve always had them among us: fortune tellers, diviners, readers of palms, tarot cards, tea leaves, stars, horoscopes, discerners of animal entrails, calling on gods of wood and stone, and all sorts of other seers who have attempted to convince the gullible that they have the power to predict the future.
To some, climate change proponents are little more than modern-day soothsayers that media continues to legitimize, even when their dire predictions of global catastrophe turn out to be not so dire.
The latest, but assuredly not the last, is President Biden s climate envoy John Kerry.
It s Probably Time To Sell! - Guggenheim s Minerd Warns Of Delta s Looming Threat To Risk Assets
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The ASX 200 is up a whopping 54% since the trough of the COVID-19 crash in March last year.
And according to Marcus Today director Marcus Padley, incredibly the
“Even ignoring the pandemic, the S&P 500 has returned a compound 20.0%pa since the high BEFORE the pandemic,” he said in his newsletter.
“It is up 29.5% in 1.4 years not including the pandemic.”
The American market, which the ASX 200 often follows, is now trading at its highest price-to-earnings ratio (30.4) since the dot-com boom in the late 1990s.
‘Chickens are for slaughter’
So is it time to pull our money out of shares? Is it all going to come crashing down, as it does occasionally?
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After Simone Biles withdrew, her friend and confidante Jordan Chiles stepped in for Team USA Share Updated: 8:40 PM EDT Jul 27, 2021 By Eric Levenson, CNN Share Updated: 8:40 PM EDT Jul 27, 2021
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Show Transcript I’M JARRED HILL. LISA: WE ARE NOW SEEING HOW THE COMPETITION CAN TAKE A DIFFERENT KIND OF TOLL ON ATHLETES. GULSTAN: JOINING US RIGHT NOW IS DEIRDRE FITZPATRICK LIVE FMRO DOCO. WE JUST WANTED TO TOUCH BASE WITH YOU ON THIS. WE KNOW THESE ATHLESET FACE A TREMENDOUS AMOUNT OF PRESSURE. THE WORLD IS WATCHING. BUT WOULDN’T SO ALSOME ARGUE THAT THAT IS PART OF THE GAME? THAT IS PART OF THE DEAL YOU SIGNED ON FOR? NO. [LAUTER]GH NO. I THINK THAT IS WHAT IS SO POWERFUL ABOUT THIS MOMENT. I THINK WHAT SHE DID TODAY IS ONE OF THE MOST REMARKABLE THINGS HAVE EVEREE SN IN SPORTS ANSOD METHING WE WILL TALK ABOUT IN YEARS TO COME. SHE HAS NORMALEDIZ AND SAID IT IS OK SOMETIMES TO NOT BE OK. SHE HAS COME OUT VERY PUBLICLY AND T
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