Category: economics and politics
-
Unheard of: Palantir scores 127 on the Rule of 40 used to measure tech companies.
UPDATE: Despite these amazing results Monday, Palantir stock got hammered today (Wednesday), dropping over 11%. Another sign that for the moment the market psyche towards technology stocks has soured Palantir is an amazing company with the idiosyncratic Alex Karp as their CEO. The Rule of 40 is used to value software and Saas (software as…
-
NY Post – “Hatred of Israel is the New Antisemitism”
The co-author of this excellent column – my opinion – also has an excellent interview which I’ve posted below the excerpted column. In the interview Noa Tishby gives a good summary of antisemism and how it has morphed from one reason to another since the Romans. As we mark International Holocaust Remembrance Day on January…
-
WSJ: Europe needs the USA as much as ever
A long front page article from last week. The Continent’s dependence on America runs deep and belies attempts to replace it with new alliances The reliance puts Europe at a disadvantage in a world of great power competition and weakens its hand in negotiations with Trump on everything from trade to Greenland and Ukraine. For…
-
Why Microsoft stock dropped 10% yesterday.
I don’t usually post about business but this is interesting and gives an insight into current stock market dynamics. Yesterday Microsoft stock price fell from 488 to 433. Despite a generally very good quarterly report from them, their cloud business – azure – only grew 38%. It was expected to grow 39%. And the whisper…
-
WSJ: Minneapolis Police Union President speaks out
I think I read somewhere that a Minneapolis police official said they did offer some support to the ICE people but were told it wasn’t needed. This seems to directly contradict that. Why are the ICE agents involved in these two tragedies still on duty? They should be on leave UPDATE: TWO WERE JUST PLACED…
-
Mamdani blames Adams for City financial woes.
Your basic smooth politician, like De Blasio he blames his predecessor. I hope Eric Adams responds.
-
At Davos; US Commerce Secretary v. Europe
Well I guess this is telling it like it is. Howard Lutnick is a hard ass New York businessman. The CEO of Cantor Fitzgerald, he lost 658 employees on 9/11 at the top of the North WTC building, including his brother as well as my friend Tom Knox. He’d have been killed also but he…
-
CNBC interview with Sec. Bessent in Davos.
Good thing he’s Treasury Secretary. Very worth watching the whole interview. Killler line at about 2 minutes – “Since 1980 the US has spent 22 trillion dollars more on defense than the entire rest of NATO has.”
-
Clear video of the church stormed by “peaceful protestors”
This video was taken by one of the protestors and somehow Catholic Vote got ahold of it. Well known humanitarian Don Lemon was at the protest but – he says – only to cover it as a journalist. The claim is that one of the church Pastors works for ICE.
-
CNBC: Iran analyst who’s worked in several administrations
Amos Hochstein – smart guy.