1) Washington is staring at the potential of a government shutdown Monday night. This is grim. Congress has approved four temporary spending bills since the end of the government’s fiscal year in September to prevent a shutdown.
The latest the current Congressional session can end is 11:59:59 am on January 3.
In other words, Congress needed to get the President the bill by December 23 to avoid a pocket veto. That’s the “ten-day/Sundays excluded” window.
But Congress adjourning within that “ten day/Sundays excluded” window effectively neuters the possibility of an override attempt.
It’s unclear if the President’s proposed changes to the bill could pass. And, don’t forget that Congress has some responsibility in all of this, too.
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'Peaceful transition to Military Power....'
Cannon
44
....heard around the world
NG - High Alert https://t.co/lfeSiUCCRB
We Will Never Forget
44
Stage is set
https://t.co/h6G3LCevII
Following the 44 trail of breadrumbs
https://t.co/PcX0uKUEUW
Cannon
44
....heard around the world
NG - High Alert https://t.co/lfeSiUCCRB

\U0001f4a5 BOOM \U0001f4a5
— R\u0113d.P\u012bll.Ph\u0101rm\u0101c\u012bst (@Red_Pill_Pharma) January 18, 2021
30 secs in - what do I hear?
\u2018Peaceful transition to military power\u2019
\U0001f1fa\U0001f1f8 MILITARY IS THE ONLY WAY \U0001f1fa\U0001f1f8 pic.twitter.com/9NPMT7N7Qy
We Will Never Forget
44
Stage is set
https://t.co/h6G3LCevII

The stage is set. Staged.
— JeLove (@LovesTheLight) November 7, 2020
Where? (the) Delaware.
10:44
Purple
First graphic in 98https://t.co/PKHlxp0rzS pic.twitter.com/XCx6pVQTHx
Following the 44 trail of breadrumbs
https://t.co/PcX0uKUEUW

Boom, Boom, Boom pic.twitter.com/ZcZXAgL0Qf
— JeLove (@LovesTheLight) August 13, 2020
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I’m torn on how to approach the idea of luck. I’m the first to admit that I am one of the luckiest people on the planet. To be born into a prosperous American family in 1960 with smart parents is to start life on third base. The odds against my very existence are astronomical.
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.
Ironies of Luck https://t.co/5BPWGbAxFi
— Morgan Housel (@morganhousel) March 14, 2018
"Luck is the flip side of risk. They are mirrored cousins, driven by the same thing: You are one person in a 7 billion player game, and the accidental impact of other people\u2019s actions can be more consequential than your own."
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.