My Message To Chelsea Handler, With Hearts and Flowers

The left won’t reproduce… [Morning Reckoning] February 16, 2023 [WEBSITE]( | [UNSUBSCRIBE]( [Ed. note: Important housekeeping note: Coming soon, your emails will be coming from a new email address: dr@mb.paradigmpressgroup.com. Ensure delivery of every email in your subscription by following [these simple whitelisting instructions.]( My Message To Chelsea Handler, With Hearts and Flowers - The best part about the left is they can’t reproduce… - The population problem… - But here’s why you are… Asti, Northern Italy February 16, 2023 [Sean Ring] SEAN RING Good morning Reader, I left America in October 1999, never to return. Well, that wasn’t the plan at the time, but that’s what happened. The plan was to sprinkle my resumé with international experience so I could get into a Top 25 business school. You see, I partied at Villanova more than I studied. And a 3.1 GPA – my freshman year was a complete write-off – wasn’t good enough to get into a top business school. So when I was offered a chance to move to London, I jumped at it. If there was one place I knew US b-schools loved, it was the UK. I expected to be back in the US by 2001, seated in one of the finest schools in the world. Instead, over two decades later, I’m seated in my home office in Italy. You know what they say about the best laid plans. While I’ve been away from America, all sorts of weird things happened. The Angels, Red Sox, White Sox, Phillies, Cubs(!) and the Giants each won at least one World Series title. What? They were all perennial losers when I was growing up. The Golden State Warriors went to five straight NBA finals, winning three of them. And they just won another title this past season. In my youth people knew who Chris Mullin was, but not where Golden State actually played. And of course, in the NFL, the team gleefully known as “The Pisspots” in my youth were a juggernaut dynasty with a quarterback who won more Super Bowls than Joe Montana. We never went to war when I was young, except that exercise in the Middle East known as the Gulf War. Now we’re at war all day, every day. People now cut off their body parts, claiming they were born the wrong sex. And people like Chelsea Handler got famous. [[Trade Alert] This Explosive Sector Is Primed To Deliver Huge Gains… Fast!]( [This Simple Chart]( Have a few hundred dollars and the desire to make huge gains? If so, [this explosive stock market sector]( needs your attention right away. I’m talking about biotech. And as one headline from late July reads, “investors back [biotech]… as sector booms.” Point being, there’s a lot of money up for grabs right now. Best of all, we’ve identified what could be the No. 1 biotech stock pick in the world. It could deliver substantial gains over the coming weeks to those who act fast. And you can still buy shares for less than $3. [Just click here now for the urgent details.]( [LEARN MORE]( Who Are Ya? Who Are Ya? That’s the chant English football fans sing when a substitute of no repute is sent on. Without Googling who she is, this is everything I know about Handler. She’s a blonde comedian who’s friends with Jennifer Aniston. She once had to remind ex-boyfriend 50 Cent that he was black so he wouldn’t vote for Trump. Handler is also thrilled she had an abortion at 16 so she was able to live the life she has. That’s it. That’s all I know. To be clear, that’s no reflection on her professional capabilities. It’s just a stroke of luck that I haven’t lived within earshot of vapid American entertainment for over two decades. Now before I get into what Handler posted that aroused such opprobrium from the Right Twitterati, let me be clear on a few things. A Really Sticky Subject Though I was born Catholic, I never attended church regularly. But for reasons I don’t understand, I’m not a fan of abortion. Never was. But this really isn’t about abortion, per se. It’s about much larger, intertwining geopolitical considerations, which I’ll get into later. With that said, the intense fury about abortion, or even anti-natalism, that involuntarily rises in those who can’t, for whatever reason, have children is one I totally sympathize with. And to be completely transparent, Pam and I tried for years to conceive. About five years into our marriage, Pam finally got pregnant. Micah was born in 2017. To this day, I marvel at that stretch of my life and how it changed every part of my life going forward. You see, I thought much more like Handler. Though we weren’t rich, Pam and I lived in a penthouse apartment with a view of the sea in Singapore. The digs got smaller in Hong Kong, but we still lived that young, married couple life most people envy. When I traveled around the world doing my corporate training, I’d take Pam with me. Just through my teaching gigs, we’ve been to Japan, Taiwan, Hanoi, Melbourne, India, Abu Dhabi, Dubai, London, and Paris. I got so used to it, I wanted it to last forever. But Pam wanted kids. Well, until we had Micah. Then suddenly, one child sufficed. [Has World War III Just Begun?]( NATO sends tanks to Ukraine… Russia prepares for a winter offensive… [Is the beginning of World War III?]( [This Simple Chart]( I’ve just released an urgent message with my thoughts. But more importantly, I’m offering to send you an [exact playbook]( on what I see playing out in the world and what you need to do to prepare. [Simply click here now to watch my short message and to see how to claim a copy completely free of charge.]( [LEARN MORE]( What Did Handler Post? But back to Handler… She posted a video for a skit she did on The Daily Show. [tweet] Credit and watch it here: [@chelseahandler]( Did I think it was the funniest thing ever? No. But to be fair, I lived in England for too long to think American comedians are funny anymore. Was it the most offensive thing ever? Of course not. But by the Right’s reaction, you’d think she was shilling for Stalin. All she did was write the perfect ad for not having children (if you’ve got the money to party like she does). And that’s why most people have a hard time taking the Right seriously. Because the Right overreacts to even the most innocuous stuff. Take Matt Walsh, Ben Shapiro’s right-hand man, who tweeted, “Chelsea Handler wants you to know that she's really happy being a childless 47 year old. Like seriously happy. She's so happy, you guys. Okay? Nobody says she's sad. She's not. Definitely not.” I, Hypocrite tweeted, “Weapons grade copium.” Gad Saad tweeted, “Being a parent can be difficult and painful but I would not trade being a father to my children for anything. My daughter just gave me a box of chocolate and flowers for Valentine’s. I’m the richest man for it. [Also retweeted]” Even Princeton-educated all-around good guy and Superman Dean Cain tweeted, “I never know more happiness and fulfillment than being a father to my son. (and your shooting form is for shit)” It wasn’t until I ran into this tweet, that I guffawed loudly: [tweet] Credit: [@VDAREJamesK]( Finally, someone got the joke! The Best Part About The Left Is They Don’t Reproduce But the worst part of the above observation is that the political spectrum itself, in virtually all the Northern Hemisphere, let alone the West, has shifted left. And that means no one is having enough kids. But The Left cooks up population issues all day long. And you can’t get more left than communism. So let me show you the most egregious example of communist idiocy: China’s One Child Policy. My goodness, The Cultural Revolution only killed up to twenty million people. But the One Child Policy? That’s next level stuff. The One Child Policy was introduced in 1979 to slow China’s rapid population growth and was formally phased out in 2015. During its implementation, the policy was enforced differently in different parts of China. There were cases of forced sterilization, forced abortions, and infanticide. In 2013, China's National Health and Family Planning Commission reported that since the introduction of the one-child policy, it had prevented approximately 400 million births. All those souls… It’s a mind-blowing number. And it’s easy to see why the Right gets so bent-out-of-shape about these things. What’s the result? China is no longer the most populous country on Earth – that’s India – and its population pyramid looks like this: [chart] Credit: [( Too many old people and not enough young people. And too many men and not enough women. While people like Peter Zeihan have been predicting China’s imminent collapse for years now, I think it’s a slow burn. But one thing we can agree on is that the One Child Policy was a disaster for China. Let’s contrast that with India, the new most populous nation on the planet: [chart] Credit: [( Now that’s more like it! Lots of young people. Few old people to support. Old Indians know when to exit stage left gracefully. It’s great for the social welfare system. From Macro to Micro I think eugenics are plain awful. However, if someone says they’re unfit for parenthood, believe them. If someone says, “You guys fill your house, but I’m not into it,” then fine. It worked for Helen Mirren. And Candace Bushnell. If women follow Handler’s example only to be disappointed later, that’s their fault. Not Handler’s. Or yours. Remember, [I don’t believe society is savable](. But people are. Especially you and your children. I’m positively thrilled Micah won’t have to deal with Handler’s would-be progeny. I wish all leftists thought like her. Ninety percent of the world’s problems would disappear immediately. So let’s get selfish. Encourage those who want children to have them as soon as possible. (Boy, I wish I was ten years younger.) And let’s quietly tolerate those who don’t. They’re probably leftists anyway… who would give birth to more leftists. As for the gift of parenthood… I remember not so long ago when Micah, after a long day of playing, was exhausted and laying in my arms on the couch. As he was about to fall asleep, he looked up at me and said, “Daddy, I love you… with hearts and flowers.” And off to Dreamland he went. Thank goodness someone else had a plan for me. If you have any feedback or topics you want covered, be sure to click [here](mailto:feedback@dailyreckoning.com) and drop me a line. Till next time! All the best, [Sean Ring] Sean Ring Contributing Editor, The Morning Reckoning feedback@dailyreckoning.com [Man Who Predicted Bitcoin Warns: “Don’t Buy Bitcoin!”]( [This Simple Chart]( James Altucher first predicted Bitcoin all the way back in 2013… And ever since, he’s been one of the biggest advocates for it. But now, he’s warning Americans that buying Bitcoin could be a big mistake… [Click here now to see why](. [LEARN MORE]( In Case You Missed It… Greg Guenthner, Contributing Editor How to Survive AI Mania [Greg Guenthner] GREG GUENTHNER Dear Reader, Artificial Intelligence has blossomed into a full blown mini-mania over the past few weeks. The frothy action has launched several languishing stocks back into the stratosphere. Traders are gobbling up shares of every AI-adjacent stock they can find. The financial media are cranking out fantastical stories of a bold future filled with sentient chatbots able to write term papers for lazy students – and even pass the bar exam. Growth speculators can't get enough of the hype. They’re waking from their 2022 hibernation, ready to bet the farm on tech’s next big thing. It’s all happening fast. Perhaps too fast… It’s not that I expect investors to act rationally – especially when it comes to a shiny new tech industry. But I am surprised at the sheer speed of this mania unfolding before our very eyes following last year’s rout that tore most tech-growth stocks to shreds. How many dreams were shattered as Cathie Wood’s ARK Innovation ETF (ARKK) lost 80% of its value? How many crypto believers were forced to move back in with mom and dad when their favorite alt-coin imploded? Yet here we are, watching these very same traders dust off their drained Robinhood accounts to buy AI stocks with both hands. There’s no question AI is having a moment. But is it already a bubble? That’s the question we’re trying to answer today. It's difficult to say whether AI stocks are in a bubble, as bubbles are typically characterized by a rapid increase in asset prices followed by a sudden and steep drop. While AI and technology stocks have seen significant growth in recent years, it's unclear whether this growth will continue at the same pace, or whether it will eventually lead to a burst in prices. Wait a minute. Go back and read the above paragraph one more time. Does it seem a bit wishy-washy? Maybe even… robotic? Well, that’s because it was written by a chatbot. I pulled this paragraph from a ChatGPT response, where I asked if AI stocks are currently in a bubble. [Over 62 And Collect Social Security? Take Action Immediately!]( [This Simple Chart]( [If you’re over the age of 62 and currently collect Social Security, you need to prepare now](. Because Biden has given our country the worst inflation in decades – and many warn things will only get worse from here. Worse yet, the Social Security check you receive now may not keep pace with inflation… [Which is why, if you don’t act now, you could fall behind in the months ahead](. Is your retirement at immediate risk? [Click here now to get the simple, step-by-step actions to survive inflation](. [LEARN MORE]( Can a Chatbot Spot a Bubble? I won’t bore you with ChatGPT’s full answer, because it is robotic and boring. Let’s just say I’m not at all concerned about ChatGPT dominating the stock market anytime soon. In fact, we could probably gain more insight watching a few talking heads on cable news than reading the chatbot’s canned jargon regarding the “variety of complex and dynamic factors” influencing AI stocks. ChatGPT even slapped a disclaimer at the end of its response, urging me to “exercise caution and thoroughly research any investment before making a decision.” No wonder the program was able to pass the bar exam (yes,[this actually happened](. Every answer it gave me feels like it was reviewed by a careful lawyer trying to keep his client out of trouble. Ultimately, ChatGPT couldn’t give me a clear answer regarding the AI bubble. But what about AI stocks? Specifically, which AI stocks have the best chance to be long-term winners? While ChatGPT could tell me some of the biggest players involved in the AI space – Alphabet (Google), Amazon, Microsoft, IBM, and NVIDIA – it offered no guesses on long-term stock market performance. And like any attorney worth his salt, it stayed away from uttering any of the names of the smaller, frothier stocks that have gained so much attention lately, since “they also come with greater risks, as they may not have the same level of resources or stability as larger, established companies.” Thanks, ChatGPT. Buyer beware! Stock pickers can relax. No AI Warren Buffett is coming along to crush your returns. Not yet, anyway… [Biden’s “Hush-Hush” Plot Uncovered]( [This Simple Chart]( Right now, Joe Biden – along with 9 of the world’s largest banks – have initiated [a disturbing new experiment with YOUR cash](. It’s called “Project Cedar” – and up to now it’s been kept fairly “hush-hush”… But in [this urgent new exposé]( you’ll discover critical details behind Project Cedar and what Biden’s master plan really is. [Click here to learn the critical details before it impacts your money](. [LEARN MORE]( Riding the Wave Since ChatGPT hasn’t helped in our quest to profit from the AI bubble, I suppose it’s up to us to figure it out. Let’s start with the big boys. Microsoft has attracted a ton of attention after announcing Bing’s partnership with ChatGPT. Some pundits even believe it could be a Google killer. I’d pump the brakes on that claim. Yes, Alphabet stock is down about 13% since reporting earnings on Feb. 2. But this feels more like a knee-jerk reaction to the AI hype cycle. Heck, GOOG might be a decent bounce candidate should it find support near its year-to-date lows. Unless the broader market begins to turn sharply lower, I don’t think GOOG will crater to new 52-week lows from here. Plus, we shouldn’t be thinking about AI as a “winner take all” game. Public interest is spiking right now, but we have many years left in this cycle if AI is truly going to become the next tech hot spot. We can cast a wider net by grabbing shares of the Global X Robotics & Artificial Intelligence ETF (BOTZ). [chart] Not only will BOTZ potentially smooth out the waves in the frothy AI ocean – it’s also attempting to break out of a multi-month bottom. As for the more speculative plays that have doubled or more this year, such as C3.ai Inc. (AI), we have a couple of options to play the wild moves without losing our shirts. First, we can buy much smaller positions. Small positions in speculative trades (usually a third or a fourth of the dollar amount you might put down on a normal position) allow us to set a wider stop to avoid some of the inevitable whipsaws that come with these big moves. We’ll still have skin in the game to play an extended run, without worrying about a huge drawdown or nosebleed volatility paralyzing our portfolio. You can also get tactical – if you can stomach it. Many of these speculative AI names have started off the trading week down double-digits. We should expect these hard resets after watching these stocks double and triple in a matter of weeks. But if you’re a nimble trader, you can keep an eye on these names for any signs of a bounce and attempt to time your entry accordingly. Easier said than done, of course. But it is possible to swing trade faster-moving names – as long as you don’t get too greedy. I’ll revisit this topic as it develops, along with any interesting emerging trades. Let me know if you want any more topics covered by emailing me [here](mailto:feedback@dailyreckoning.com). When (or how) it all ends is anyone’s guess. I have yet to find an AI program that knows if this mania will last another two days or two decades. We’ll need to figure that out on our own in real time – no fancy computer programs required. Best, [Greg Guenthner] Greg Guenthner Contributing Editor, Morning Reckoning feedback@dailyreckoning.com Thank you for reading The Daily Reckoning! We greatly value your questions and comments. Please send all feedback to [feedback@dailyreckoning.com.](mailto:dr@dailyreckoning.com) [Sean Ring] [Sean Ring, CAIA, FRM and CMT]( is a former banker and financial educator and is the editor of the Rude Awakening. Sean has trained interns and graduates from Goldman Sachs, Morgan Stanley, Citi, Bank of America, Standard Chartered Bank, DBS (Singapore), the Abu Dhabi Investment Authority (ADIA), Bank Indonesia (the central bank), HSBC, Barclays, RBS, and BlackRock. He knows the global economy is being corrupted by forces that most people can't understand and has used his unique and worldly experiences to help people navigate the markets. [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your The Daily Reckoning e-mail subscription and associated external offers sent from The Daily Reckoning, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@dailyreckoning.com. 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