The market will be open today, but on a reduced schedule. Closing for stocks will be at 1 PM and for bonds 2 PM (Eastern) as America finally gerts what organized labor was really agitating for over the years:
It’s a 28-hour workweek!
Unless you have a lawn, which pushes out workweek around here to 31 hours, or 32-with edging.
With the market opening in a few minutes, other than mostly-useless news items, we’re looking at the Dow – underperforming last week – to pop +125’ish at the open. And that should pave the way to the projected blow-off high around August 21.
The other major markets around the world were also up overnight, so this is more like follow-through euphoria; a kind of pass-d-bowl for markets.
Trumperian Humor, The Media Revolution
The problem for the anti-Trump left is simple: It’s OK for them to fake assassinations (the beheading “humor”) or take Trump wholly out of context and call it humor. What’s amazing is they claim protected speech. Let Trump do it and it’s not
But God forbid Trump has turned tables with this latest “right-back-at-cha….”
What is lot is all of this is the YUGE marketing channel bulldozer Trump has taken to the media.
You see, prior to Trump, president’s all placed nicey-nice and were honored, revered, touted and promoted by the mainstream media.
However, any damn fool (which I thought would include more of the left wing loons) can see what’s going on here – so let me break it down for you once again, OK?
Trump’s Mesh Net Flanks Old Media
Remember the part where Jeff Bezos looked at the internet and said (we assume) something like “Why do we need brick and mortar stores to sell books when we can do that whole deal online?”
With that keen observation, Bezos has flattened just about every old-line retailer on earth.
So consciously (or not) Donald Trump obviously has jumped the Old Brick and Mortar Media (BaMM) by effectively going “Consumer Direct” with news from the White House. Study the following diagram carefully and you’ll see why CNN (and 50% of “news” media channel capacity) is wasted duplication with the Trump towering media change:
The hell of it is, non one on the alt-right or alt-revolutionary side (including Bernie, Obama, Clintons, etc.) seems to see what Trump has done.
The lower slice of the model explains how things used to be. Think of the old way as Novell networking circa 1990. Now think of the Trump approach as analogous to what Gotenna (portable, light, no infrastructure mesh) is doing in the outdoor, military, and first-responder areas.
It’s Hops to Phone, Dummies!
The far right – just like the far left – doesn’t have an easy time remaining mentally nimble enough to follow along with the Trump media revolution. I don’t know if you get the “Daily 1600” briefing, but again, look at the objective in office-holder to constituent communications:
The idea is to get from what’s in the office-holder’s mind, direct to the end user/voter/consumer’s mind in as few “hops” on the network as possible.
As inspection of the drawing shows, the old “press conference, then rewrite” has multiple levels of potential miscommunication built-in. So Trump is (to us obviously) working on building consumer-direct capacity out.
So is it outrageous to the media and the Old Guard of the Fools on the Hill that they should not comprehend? Or, at least pretend they don’t because they could be out of a job?
Here’s a fine desperation headline for you: “Democratic Bill Lays the Groundwork to Remove Trump From Office.”
As we see it, the whole of the anti-Trump movement stems from the MSM’s corporate masters. NBC is owned by Comcast. Comcast has outpaced the S&P. But CNN’s parent, Time Warner, has done even better. (one year,basis the S&P, blah, blah, blah,…) will come to the same conclusions that we have.
With the wide availability of RSS feeds from “official sources” the reality is that a large portion of formerly inaccessible information is opening up to consumer-direct. And as that happens, anyone who can make (or break) the fortunes of one of the BaMM members becomes a very dangerous business risk.
So it’s very much on point to blast Trump’s behavior and remove him from office and put a more pliable player like Pence in. Because he won’t rock the boat, nor will be big a swamp drainer. And he won’t be so “in your face” since we can logically see a Trump/White House YT channel coming up, too. And then that happens, who needs television networks?
Although Trump and Jeff Bezos clearly disagree on things like the future of retails and malls, I expect there will be agreement on political futures.
When a Trump channel on YouTube can be played directly on the new Echo Show voice-controlled video display…it heralds the arrival of revenue-free news via the distortion-free consumer-direct route.
Don’t look now, but between Bezos and Trump, there is an accidental media revolution underway that will leave conventional networks in the landfill of history.
Not too many people, perhaps other than Trump, are seeing it yet. But it’s there for all to figure out if you’re willing to fire off some neurons in your own self-interest, now and then.
And in Other News
Trump and Putin have a meeting coming up. BaMM (brick and mortar media) – as we explained, don’t get it.
So they cast this as a meeting that “could change the world.” Sorry, kids. That’s already done…
Trumps also putting the press on the Chinese to box in North Korea.
And Did You See?
Promises of “free lunch” always result in someone getting stiffed with the check, in this case the residents of Illinois.
Any wonder why Texas is still growing?
We see another hand-wringing story in the NY Times this morning where words like “shaken” and “abruptly ditched” are used when “reporting” “Central Americans, ‘Scared of What’s Happening’ in U.S., Stay Put.”
Like this is a bad thing? Come on, people, a little more down the middle, please.
People don’t think when they see pictures, like those featured in the NY Times story. They seem to forget that people will bring that lifestyle here. They are NOT going to show up, strangers in a strange land, and compete with the H1b crowd from colleges in India, who know the path to the C-level jobs.
But that’s not in the ken of the hand-wringers. Damn shame, since they do come up with the occasional good idea. But no, Bernie Sanders may not have been one of them See: “Here’s why the feds are investigating Bernie Sanders’ wife Jane.”
Isn’t anyone going to ask what happened with the Clinton Foundation, her emails and such? And if the state election officials don’t have something to hide, why aren’t they being more forthcoming on voting documentation?
I’m taking tomorrow off. I call it Post Traumatic News Syndrome.