1. Tesla -15% Year to Date
2. 2023 Extreme Daily S&P Moves Fall in Normal Range
VIX at $12 but 2023 normal range -Nasdaq Dorsey Wright
https://www.nasdaq.com/solutions/nasdaq-dorsey-wright
5. Everybody is Working and Gasoline Dropped from $5 to $3
6. Demographics is Destiny…Japan 8 Million Abandoned Homes
Business Insider-Why Japan has more than 8 million cheap abandoned houses that people are renovating into dream homes
- More than 8.5 million abandoned homes in rural Japan are creating a “ghost town” problem.
- A push into the city and population decline are two reasons these homes sit empty.
- Locals see them as a burden, while foreigners view them as an opportunity to own property cheaply.
Japan has millions of abandoned rural houses for sale.
The glut delights foreigners who’ve been able to buy one for as little as $23,000. But underlying the surplus are meaningful shifts in Japan’s culture. Demographic and economic patterns — including a shrinking population and migration from the countryside to cities — are combining to create a “ghost town” problem in Japan.
There are more than 8.5 million akiya, or abandoned homes, in rural Japan, according to the country’s 2018 Housing and Land Survey, its most recent on record. By some counts, there are many more. The Nomura Research Institute, or NRI, pegs the number closer to 11 million. The institute predicts akiya could exceed 30% of homes in Japan by 2033.
For foreigners looking for a change of scenery, akiya are an opportunity to be a homeowner abroad on the cheap. Some foreigners have even turned to akiya to enrich themselves by launching short-term-rental businesses.
https://www.businessinsider.com/japan-abandoned-houses-renovations-dream-homes-akiya-2024-1
8. Demographics is Destiny….France Demographics Vapor Lock Down
https://www.cnn.com/2024/01/22/health/alzheimers-blood-test-screening-study/index.html
9. Top 10 Hottest Housing Markets 2024
Zillow
https://www.zillow.com/research/2024-hottest-market-33566/
10. The Socialism Of Grades at Universities
Vitaliy Katsenelson, CFAStudent of Life https://investor.fm/
The Socialism of Grades (Part 3)
“The inherent vice of capitalism is the unequal sharing of the blessings. The inherent blessing of socialism is the equal sharing of miseries.” –Winston Churchill
Socialism is a terrific idea in theory. Who would not want everyone in society to have a house with a white fence, the job of their dreams, 2.5 kids and a dog? But plain vanilla socialism has failed every single time it has been implemented, and it turned each of those countries into a totalitarian state: Cuba, the Soviet Union, Yugoslavia, Venezuela — the list goes on.
In a socialist state, success is pushed down, and failure is elevated — this is how equality of outcome is created. In the Soviet Union’s version of plain vanilla socialism, we were taught to hate the wealthy and empathize with the poor. This empathy was easy for us because everyone (with the exception of the tiny ruling-class bureaucrats) was poor.
Capitalism does not offer the sexy, utopian promise of socialism, but it works in practice. Capitalism has lifted billions out of poverty; but it is now under threat, ironically, from those who have benefited the most from it — academics. Universities have been among the biggest beneficiaries of the wealth created by capitalism.
As I am writing this, I am reminded of Margaret Thatcher’s “Socialism is a great idea until you run out of other people’s money.”
Universities used to be spartan gyms for our minds, places where opposing ideas collided and gave birth to new ones and where our thinking got challenged through healthy debate. This growth came with healthy pain, the type that accompanies and stimulates intellectual growth.
Today, many universities have been turned into day spas, where for $300,000 a student’s mind will be pampered and coddled. Now they are “safe places” from opposing ideas, which are considered as microaggressions. This is where free speech goes to die, unless it calls for the genocidal extermination of Jews; then you can speak your mind.
College administrations are afraid to upset their spa customers (sorry, I meant students). They are not focused on challenging their thinking (the point of education) and producing the brightest but are instead fixated on making students feel better about themselves and giving them their money’s worth.
I was not surprised to learn that socialism is slowly poisoning our universities, but I was surprised by its new avenue — the socialization of grades. Professors at a local law school are required to grade to a B+. When professors submit their grades, if the average is below a B+, the system will reject it. The university is afraid of making students feel bad about a low, albeit deserved, grade and wants every student to have a high grade-point average upon graduation.
However, what is inflation for one group is deflation for another. This practice punishes hardworking students, as their work may result in a lower grade than they deserve, compared to classmates who are preoccupied with attending “TikTok University” during lectures.
Universities are on a quixotic mission to right a wrong — they are fighting against grade inequality. This is what socializing (equalizing) outcomes looks like. In fact, this seemingly innocent practice of equally high grades has the familiar ring of a Karl Marx slogan that I heard endlessly in the Soviet Union: “From each according to his abilities, to each according to his needs.” Law students need a B+, so they get a B+.
With each graduating class, our capitalistic (equal-opportunity) society is being slowly diluted by equal-outcome dogma (socialism).
Grade inflation is happening in virtually every college across the country, but colleges should not receive all the blame for this, as unfortunately it starts in high schools, which are suffering through super grade inflation — grades have gone up while reading and math skills have fallen (with minorities experiencing the largest grade inflation).
Bad (deserved) grades are a necessary part of education. How else would you know that you had not learned something as well as you thought you did? I failed English as a freshman in college. I had been in the US for two years. My English was objectively horrible. I’m glad I didn’t receive special (woke) treatment for being “fresh off the boat.” I studied a lot harder, retook the class and passed it my senior year. If I had not, my English would not have improved and I would not have written several books or received national awards for writing.
The beauty of the Declaration of Independence is that you are guaranteed the “pursuit of happiness” — you are given an equal chance to pursue it. You are not guaranteed the outcome, just the opportunity. There is enormous value, and yes even happiness and meaning in the pursuit of happiness. This pursuit will often take you down a harder road, but it will result in the best version of you and bring a sense of pride and accomplishment.
3. Spot Bitcoin ETF -21% Since Launch
4. China Weighs Stock Market Rescue Package Backed by $278 Billion
BABA Holding 2022 Lows
5. Everybody is Working and Gasoline Dropped from $5 to $3
6. Demographics is Destiny…Japan 8 Million Abandoned Homes
Business Insider-Why Japan has more than 8 million cheap abandoned houses that people are renovating into dream homes
- More than 8.5 million abandoned homes in rural Japan are creating a “ghost town” problem.
- A push into the city and population decline are two reasons these homes sit empty.
- Locals see them as a burden, while foreigners view them as an opportunity to own property cheaply.
Japan has millions of abandoned rural houses for sale.
The glut delights foreigners who’ve been able to buy one for as little as $23,000. But underlying the surplus are meaningful shifts in Japan’s culture. Demographic and economic patterns — including a shrinking population and migration from the countryside to cities — are combining to create a “ghost town” problem in Japan.
There are more than 8.5 million akiya, or abandoned homes, in rural Japan, according to the country’s 2018 Housing and Land Survey, its most recent on record. By some counts, there are many more. The Nomura Research Institute, or NRI, pegs the number closer to 11 million. The institute predicts akiya could exceed 30% of homes in Japan by 2033.
For foreigners looking for a change of scenery, akiya are an opportunity to be a homeowner abroad on the cheap. Some foreigners have even turned to akiya to enrich themselves by launching short-term-rental businesses.
https://www.businessinsider.com/japan-abandoned-houses-renovations-dream-homes-akiya-2024-1
8. Demographics is Destiny….France Demographics Vapor Lock Down
https://www.cnn.com/2024/01/22/health/alzheimers-blood-test-screening-study/index.html
9. Top 10 Hottest Housing Markets 2024
Zillow
https://www.zillow.com/research/2024-hottest-market-33566/
10. The Socialism Of Grades at Universities
Vitaliy Katsenelson, CFAStudent of Life https://investor.fm/
The Socialism of Grades (Part 3)
“The inherent vice of capitalism is the unequal sharing of the blessings. The inherent blessing of socialism is the equal sharing of miseries.” –Winston Churchill
Socialism is a terrific idea in theory. Who would not want everyone in society to have a house with a white fence, the job of their dreams, 2.5 kids and a dog? But plain vanilla socialism has failed every single time it has been implemented, and it turned each of those countries into a totalitarian state: Cuba, the Soviet Union, Yugoslavia, Venezuela — the list goes on.
In a socialist state, success is pushed down, and failure is elevated — this is how equality of outcome is created. In the Soviet Union’s version of plain vanilla socialism, we were taught to hate the wealthy and empathize with the poor. This empathy was easy for us because everyone (with the exception of the tiny ruling-class bureaucrats) was poor.
Capitalism does not offer the sexy, utopian promise of socialism, but it works in practice. Capitalism has lifted billions out of poverty; but it is now under threat, ironically, from those who have benefited the most from it — academics. Universities have been among the biggest beneficiaries of the wealth created by capitalism.
As I am writing this, I am reminded of Margaret Thatcher’s “Socialism is a great idea until you run out of other people’s money.”
Universities used to be spartan gyms for our minds, places where opposing ideas collided and gave birth to new ones and where our thinking got challenged through healthy debate. This growth came with healthy pain, the type that accompanies and stimulates intellectual growth.
Today, many universities have been turned into day spas, where for $300,000 a student’s mind will be pampered and coddled. Now they are “safe places” from opposing ideas, which are considered as microaggressions. This is where free speech goes to die, unless it calls for the genocidal extermination of Jews; then you can speak your mind.
College administrations are afraid to upset their spa customers (sorry, I meant students). They are not focused on challenging their thinking (the point of education) and producing the brightest but are instead fixated on making students feel better about themselves and giving them their money’s worth.
I was not surprised to learn that socialism is slowly poisoning our universities, but I was surprised by its new avenue — the socialization of grades. Professors at a local law school are required to grade to a B+. When professors submit their grades, if the average is below a B+, the system will reject it. The university is afraid of making students feel bad about a low, albeit deserved, grade and wants every student to have a high grade-point average upon graduation.
However, what is inflation for one group is deflation for another. This practice punishes hardworking students, as their work may result in a lower grade than they deserve, compared to classmates who are preoccupied with attending “TikTok University” during lectures.
Universities are on a quixotic mission to right a wrong — they are fighting against grade inequality. This is what socializing (equalizing) outcomes looks like. In fact, this seemingly innocent practice of equally high grades has the familiar ring of a Karl Marx slogan that I heard endlessly in the Soviet Union: “From each according to his abilities, to each according to his needs.” Law students need a B+, so they get a B+.
With each graduating class, our capitalistic (equal-opportunity) society is being slowly diluted by equal-outcome dogma (socialism).
Grade inflation is happening in virtually every college across the country, but colleges should not receive all the blame for this, as unfortunately it starts in high schools, which are suffering through super grade inflation — grades have gone up while reading and math skills have fallen (with minorities experiencing the largest grade inflation).
Bad (deserved) grades are a necessary part of education. How else would you know that you had not learned something as well as you thought you did? I failed English as a freshman in college. I had been in the US for two years. My English was objectively horrible. I’m glad I didn’t receive special (woke) treatment for being “fresh off the boat.” I studied a lot harder, retook the class and passed it my senior year. If I had not, my English would not have improved and I would not have written several books or received national awards for writing.
The beauty of the Declaration of Independence is that you are guaranteed the “pursuit of happiness” — you are given an equal chance to pursue it. You are not guaranteed the outcome, just the opportunity. There is enormous value, and yes even happiness and meaning in the pursuit of happiness. This pursuit will often take you down a harder road, but it will result in the best version of you and bring a sense of pride and accomplishment.