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Listen to the latest episode of the Emerald Wit & Wisdom Podcast (06/12/24)

Good morning.

Markets have been bumping around this morning … though little changed at the moment … as the situation between Russia and Ukraine is causing quite a bit of concern among investors.

Of course … just your typical stuff.  The U.S. authorizes Ukraine to fire U.S.-made missile into Russia.  Russia responds by changing its nuclear doctrine … allowing for the use of nuclear weapons even if attacked by non-nuclear weapons … and Sweden sends its 5 million households pamphlets on preparedness in case of an expanded war and points out increased risks of the use of nuclear weapons.

Great, just great.

As classmates, friends and … in fact, me … get older … conversations inevitably morph into possible changes coming up in social security.  An article below classifies this as “a Ponzi scheme with federal backing,” and it seems to me the public is very slowing becoming more accepting to something that was once deemed unthinkable … as it was akin to political suicide … a change to social security. While thoughts of tax-free benefits are being met with glee, I am afraid that proposal … even if it did occur … would not be the only change … amid a national debt that is continuing to explode.

I never was aware of it until recently, but “mouth tape” is gaining in popularity.  There are quite a few claimed benefits – which include reduction in snoring – but while you can buy this online (I did), there is one thing you should not try as a do-it-yourself type of person.  Don’t use duct tape!

You might want to take my final comment today sitting down.

On a final note … and I had to look this up … the United Nations has declared this to be “World Toilet Day,” giving homage to something we probably don’t appreciate enough.

If you’ve gone toilet shopping lately, you will note so many different styles … round, elongated, those with bidets and even “smart toilets” that can be controlled with phones (I am not here to judge).  And burglars have taken notice.

It seems that the local police station had its toilet stolen … but this is seen as the perfect crime and might never be solved, as

… the officers have nothing to go on.

Have a great day,

Joseph G. Witthohn, CFA

Have any questions? Please contact info@teamemerald.com

A Look At The News | November 19, 2024

As of 11:38 AM today:
A little bit of a scare has been introduced into today’s markets … as Russia was attacked by missiles made in the U.S. and promise a response (CNBC)

https://www.cnbc.com/2024/11/19/russia-says-ukraine-attacked-it-using-us-made-missiles.html

 

… but investors aren’t the only ones worried … as Sweden sent notice to over 5 million households, telling of ways to survive a nuclear attack (MetroUK)

https://metro.co.uk/2024/11/18/sweden-tells-5-000-000-households-how-survive-wwiii-new-war-pamphlet-22018356/

 

A lot of Americans plan to travel during the Thanksgiving holiday. How many? Gulp, 80 million people … so you might want to get on the road now (NPR)

https://www.npr.org/2024/11/18/nx-s1-5195137/thanksgiving-travel-best-worst-driving-flying-record-travelers

 

Social security is under a microscope right now … and there are many stories being told about possible changes. There is only one thing certain … and that is change will be coming (Reason)

https://reason.com/2024/11/18/social-security-approaches-its-day-of-reckoning/

 

It is hard to tell if this is just a fad … or something beneficial … but “mouth taping” appears to be gaining in popularity (WashintonPost)

https://www.washingtonpost.com/wellness/2024/11/19/mouth-taping-snoring-sleep-apnea/

 

World Toilet Day is here … and no … it is not a made-up thing by U.S. manufacturers … as it was designated by none other than the U.N.  Sorry, it’s not a paid holiday … though it should be (NPR)

https://www.npr.org/sections/goats-and-soda/2024/11/19/g-s1-34231/world-toilet-day-united-nations

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The statements above are supplied for educational purposes only. The statements depict the viewpoints and opinion of the author and are not necessarily the views of Emerald Asset Management or its affiliates. The information described herein is taken from sources which are believed to be reliable, but the accuracy and completeness of such information is not guaranteed by us.