The Left Proves They HAVE NO HEART

[header] AUGUST 17, 2020 [leading] Which view is more accurate? Both. The economy is slowly on the mend after being devastated by the coronavirus pandemic. Yet millions are unemployed, people are still mostly stuck at home and the virus id far from eradicated after nearly a half-year of social-distancing protocols. No wonder people are pessimistic. The pessimism came through loud and clear from the most recent survey of consumer sentiment in August. It rose slightly, but was just barely above April’s pandemic low. Most U.S. residents think it will take at least five years for the economy to normalize. At the same time, though, Americans have tried to get on with their lives. Sales at U.S. retailers, for example, rose in July for the third straight month even as the coronavirus rank amok in states such as California, Texas and Florida. Amazingly, retail sales are higher now than they were before the pandemic began. Few on Wall Street predicted such an outcome just a few months ago. What’s far from clear, however, is whether consumers can keep spending at current levels. A $600 federal unemployment stipend and other government emergency-aid programs expired at the end of July and haven’t been reauthorized. On top of that, talks are going nowhere between Democrats and Republicans over how much to spend and on what. Lawmakers are now in recess until Labor Day. “With congressional talks deadlocked, the odds of a genuine stimulus being enacted ahead of the election are falling,” said chief U.S. economist Paul Ashworth of Capital Economics. Weekly jobless claims take center stage again and the Federal Reserve will release the cliff notes of its last big meeting on the economy. Guess what? They are worried. And many of those policy makers have been insistent that fiscal stimulus is a key pillar of the next phase of the economy’s recovery after the Fed has doled out trillions to prop up financial markets. Also worth watching: A pair of regional manufacturing surveys of the New York and Philadelphia regions. They’ll give more clues on whether the revival in heavy industry accelerated in August, as is likely. [More Here]( >> [Rate Our Newsletter](mailto:contact@salliratrader.com?subject=It's%20great&body=Keep%20sending%20it%F0%9F%99%82) [logic] Online trolls lost no time in mocking President Donald Trump in response to news that his younger brother, Robert Trump, died Saturday. “He was not just my brother, he was my best friend,” Trump said in a statement. “He will be greatly missed, but we will meet again.” “Almost immediately after, tweets calling for the president’s death were posted using the hashtag #wrongtrump, which quickly became the number four trending topic on the website,” the U.S. Sun reported. “Dear Grim Reaper, you took the #wrongtrump,” Twitter user @TalbertSwan wrote. The president visited his brother Robert at the hospital on Friday afternoon in New York City before returning to his club at Bedminster, New Jersey, but Swan claimed Trump just wanted to spend his time “golfing and tweeting.” “David Leavitt, a controversial Twitter personality who bills himself as a ‘journalist’ in his bio, asked: ‘what did [Trump] promise the devil for the Grim Reaper to take the #wrongtrump ???;'” the Sun reported. Conservatives were quick to call out the hateful online remarks and noted that tech platforms did nothing to stop it. The Liberals are disgusting and the liberal social media platforms which allow this type of evil are beyond help. Disgusting. [More Here]( [trumpspacer] Keep in mind the built in liberal bias to polls… Presumptive Democrat presidential nominee former Vice President Joe Biden’s lead has evaporated in the past two months, a new poll from CNN shows. Biden leads President Donald Trump by just four points nationally — 50 percent to 46 percent — and by even less across 15 battleground states that will determine who wins the electoral college. In those 15 states — Arizona, Florida, Georgia, Iowa, Maine, Michigan, Minnesota, Nevada, New Hampshire, New Mexico, North Carolina, Ohio, Pennsylvania, Texas, and Wisconsin — the new CNN poll has Biden leading by just one percent, with Biden at 49 and Trump at 48. The top line national number of a four-point race represents a double-digit shift in Trump’s direction from CNN’s last national poll in early June. That survey, two months ago, had Biden up 14 points — meaning this latest survey represents a ten-point swing Trump’s way as the summer has progressed heading into the conventions. The Democrats begin their virtual convention, during which Biden and his running mate Sen. Kamala Harris (D-CA) will be formally nominated as the presidential and vice presidential candidates, this week. The Republicans hold their convention the following week. [More Here]( [Awesome](mailto:contact@salliratrader.com?subject=Awesome&body=Send%20me more 🙂) [Not so good](mailto:contact@salliratrader.com?subject=Not so good&body=You can do better 🙂) [crazy] The United States and South Korea will begin their annual joint military exercises this week, Seoul's Joint Chiefs of Staff said Sunday. But a spreading coronavirus outbreak has apparently forced the allies to scale back an already low-key training program mainly involving computer-simulated war scenarios. The drills from Tuesday to Aug. 28 could still irk North Korea, which portrays the allies’ training as invasion rehearsals and has threatened to abandon stalled nuclear talks if Washington persists with what it perceives as “hostile policies” toward Pyongyang. The exercises also come at a delicate time after President Donald Trump openly complained about the costs of maintaining 28,500 U.S. troops stationed in South Korea to protect against North Korean threats. The allies have so far failed to sign a new cost-sharing agreement after the last one expired at the end of 2019. The drills involve so-called combined command post training, which is focused on computerized simulations aimed at preparing the two militaries for various battle scenarios, such as a surprise North Korean attack. The U.S. and South Korean militaries had canceled their springtime drills following a COVID-19 outbreak in the southern city of Daegu and nearby towns that was stabilized by April. [More Here]( How was todays newsletter? [Awesome](mailto:contact@salliratrader.com?subject=Awesome&body=Send%20me more 🙂) [Not so good](mailto:contact@salliratrader.com?subject=Not so good&body=You can do better 🙂) Trading involves risk. The information provided is NOT trading advice. Neither the Editors, the Publisher, nor any of their respective affiliates make any guarantee or other promise as to any results that may be obtained from the newsletter. Past performance is no guarantee of future performance. This recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability for any purchase or order made from any company or entity mentioned or recommended in this email. The information provided is for educational purposes only. Please contact your financial advisor for specific financial advice tailored to your personal circumstances. Actual results may differ. Nothing here constitutes a recommendation respecting the particular security illustrated. Sallira Trader Daily Newsletter. To ensure you receive our emails, be sure to whitelist us. [Unsubscribe]( Kemp House London Greater London EC1V 2N United Kingdom [header] AUGUST 15, 2020 [leading] Dow Jones Industrial Average rises 34 points. The Dow rose 34.30 points, or 0.1%, to 27,931.02. The S&P 500 was flat at 3,372.85. The Nasdaq Composite fell 0.2% to close at 11,019.30. Stocks waffled around the flatline for most of the session as the S&P 500 failed once again to reach its all-time high. Mixed retail sales data and stimulus latest. Retail sales for July rose 1.2%, the Commerce Department said. That’s below a Dow Jones estimate of 2.3%. Excluding autos, however, retail sales rose 1.9% to top a forecast of 1.2%. In Washington, lawmakers seem unable to move forward with a coronavirus stimulus bill. This could drag on for weeks as the Senate is in recess until after Labor Day and Hose members have already left for the rest of the month. Cruise operators rise. Carnival and Norwegian Cruise Line advanced more than 1% each. What happens next? The Empire State Manufacturing index is set for release on Monday. [More Here]( >> [Rate Our Newsletter](mailto:contact@salliratrader.com?subject=It's%20great&body=Keep%20sending%20it%F0%9F%99%82) [logic] Hmm, the liberal Mayor of Chicago seems to think the police may have an impact on riots and crime. What a thought. At a press conference Thursday, Chicago Police Superintendent David Brown announced the Windy City will be adding 1,000 more cop shifts from Friday through Sunday. As noted by The Daily Wire, the beefing is similar to a recent 1,200-officer increase in a southwest neighborhood where gang violence has been on the rise. The thousand-strong upgrade, of course, follows yet more social unrest — including last week’s stunning looting in the Magnificent Mile, Rush Street, Oak Street, and Loop shopping areas. On Friday, Mayor Lori Lightfoot confirmed the law enforcement lift, indicating the Department of Streets & Sanitation will be chipping in to stop mass theft. Furthermore, she said, police will employ “new and enhanced tactics” in the shutting down of opportunistic “caravans.” “Vans” is an appropriate term to throw in — from Fox News four days ago, reporting on the weekend: The Chicago Tribune reported that it observed people carrying shopping bags full of merchandise in the areas where the looting was happening, and at least one U-Haul van was seen pulling up. [More Here]( [trumpspacer] On Friday, President Trump spoke before the City of New York Benevolent Association, which was offering him their endorsement for 2020. Trump blasted the Democratic ticket of Joe Biden and Sen. Kamala Harris (D-CA), asserting, “Their pro-crime agenda, the Biden-Harris group, will also crush our economy because there is no prosperity in cities that are ruled by fear.” Trump started by saying, “They’re not treating you right, but we’re gonna treat you right … You’re the finest – they just don’t let you do the job. They won’t let you do your job.” “As we gather today, our country is suffering from a radical far-Left movement … that is trying to defame, demoralize, defund, dismantle, and dissolve our great police departments,” he continued. “It’s a left-wing war on cops. If Sleepy Joe Biden were to become president, he would immediately pass legislation to gut every single police department in America. You know that…” “My agenda is anti-crime and pro-cop all the way and that’s what it’s gotta be,” Trump stated. “So, in recent months, New York City has witnessed the horrors that result from putting extreme-Left politicians into power. De Blasio has launched … a real crusade against the police … the mobs have scrawled disgusting slogans such as ‘cops must die’ and ‘kill all cops.’ Who would even have thought ten years ago that was possible? … And now all of sudden it becomes mainstream …” Trump cited instances in which mobs assaulted cops, then continued, “You fight back, you lose your pension; you lose your life; they put you in jail. … One of the saddest things that I’ve ever seen is when they were dumping water on the heads of two of your fellow officers, and I wish they’d fought back. I promise nothing would’ve happened to them … it could have been some very dangerous material, not water. They didn’t fight back; the first time I’ve ever seen that. I wish they did; I wish they did. I wish I could have talked to them, I said (sic), ‘Fight back. I swear you’ll be protected.’” “This is the Left’s vision for the future of the United States of America,” he opined. “If they win this election, every city in America will be under siege, you know that, because the police are good in Seattle, and they’re good in all of these different places … they’re not being let (sic) do their job.” [More Here]( [Awesome](mailto:contact@salliratrader.com?subject=Awesome&body=Send%20me more 🙂) [Not so good](mailto:contact@salliratrader.com?subject=Not so good&body=You can do better 🙂) [crazy] The age of nanorobots and drones is fast approaching. The U.S. Air Force begins to use a microrobot that records and transmits video and audio reconnaissance and help in security mission. The 96th Security Forces Squadron, according to the press release, is already equipped with a football-sized device, called the Throwbot, to assist base security. The Throwbot, a throwable microrobot, that records and transmits video and audio reconnaissance, indoors or outdoors, to an operator’s control unit is now in the 96th Security Forces Squadron’s inventory. The new device gives a response team a safe way to assess a situation, make informed decisions and perform tasks that can lead to saving lives and property. “It took five minutes for me to learn how to use it,” said Leon Gray, 96th SFS, after seeing it demonstrated at trade shows. “It quickly became apparent how our security personnel could utilize this tool in our operations.” A Throwbot acquisition plan was presented at an iSpark meeting July 1. Only nine days later, Throwbot was approved and purchased on the same day. Gray said the squadron would look for ways to incorporate Throwbot into security training exercises, for evaluation and use in potential life-and-death situations. The robot can withstand landings of up to 30 feet and can crawl over a variety of terrain. When accessorized, it can carry and tow a combined four pounds of equipment. A camera on its front allows an operator to see what it sees. The control unit contains a joystick to guide the device, a video monitor and antennas. Video can be fed to an external monitor. In an active shooter situation, the Throwbot’s camera allows an operator to see around corners while clearing a building under threat, locate and identify subjects, confirm presence of hostages and show a room layout. [More Here]( How was todays newsletter? [Awesome](mailto:contact@salliratrader.com?subject=Awesome&body=Send%20me more 🙂) [Not so good](mailto:contact@salliratrader.com?subject=Not so good&body=You can do better 🙂) Trading involves risk. The information provided is NOT trading advice. Neither the Editors, the Publisher, nor any of their respective affiliates make any guarantee or other promise as to any results that may be obtained from the newsletter. Past performance is no guarantee of future performance. This recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability for any purchase or order made from any company or entity mentioned or recommended in this email. The information provided is for educational purposes only. Please contact your financial advisor for specific financial advice tailored to your personal circumstances. Actual results may differ. Nothing here constitutes a recommendation respecting the particular security illustrated. Sallira Trader Daily Newsletter. To ensure you receive our emails, be sure to whitelist us. [Unsubscribe]( Kemp House London Greater London EC1V 2N United Kingdom