This Is the Worst U.S. Earnings Season Since 2009

This U.S. earnings season is on track to be the worst since 2009 as profits from oil & gas and commodity-related companies plummet.

So far, about three-quarters of the S&P 500 have reported results, with profits down 3.1 percent on a share-weighted basis, data compiled by Bloomberg shows. This would be the biggest quarterly drop in earnings since the third quarter 2009, and the second straight quarter of profit declines. Earnings growth turned negative for the first time in six years in the second quarter this year.

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The oil market is cyclical and always has been. The current low price is cutting into developments, that will curtail future production and justify a future high price, which will start up development again when prices rise. It's feast or famine. There's not really any thing in the middle of those two. When it's good, it's real good. When it's bad, it's real bad. 

We did not go to war to get oil, we went to war to control the price of oil.

Oil went from $9 a barrel in 1999 to $165 a barrel in 2007.

Are you paying attention yet?

Seeing patterns are we?

 

 

Gun Sales Set Record for Sixth Month in a Row

The Federal Bureau of Investigation processed a record number of background checks in the month of October, indicating that gun sales were at an all time high for the sixth month in a row.

The FBI’s National Instant Background Check System processed 1,976,759 firearms related checks in October. That is a 373,290 increase in checks over last year and a new record for the month. It also makes October the sixth consecutive month to see a record number of checks.

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THERE ARE NO OTHER RIGHTS IF YOU CANNOT DEFEND THEM... 

Maersk Line to Cut Capacity and Jobs as Global Demand Sags

A.P. Moeller-Maersk A/S is scaling back capacity and cutting jobs in the world’s largest shipping line to adapt to a drop in demand.

The Danish company, which last month lowered its profit forecast for 2015 citing a gloomier outlook for the global shipping market, will shed 4,000 jobs in its Maersk Line unit as part of a program to “simplify the organization,” it said in an e-mailed statement on Wednesday.

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Less action in the ports, means less action at the distribution hubs, means less freight action on our highways, means less consumer action at the store because... You know.

People can't spend money they don't have. Those that do spend money they don't have, are usually spending other people's money. We know how that works.

The well is running dry. I'd suggest getting into the health insurance industry. I hear they are projected to do very well in the upcoming years. I mean, after all, it's guaranteed money for them. Why not get a piece of the extortion racket?

Signs, signs, every where signs...

No raises in 2016 due to “cheap oil”. Mark it.

I cannot wait until we will be allowed to reintegrate into the low unemployment rated job market as low-wage workers for Chinese businesses when they onshore to the US.

Significant numbers of the low-IQ, genetically inferior folk will find themselves slow and fast killed by high crime, malnutrition, drugs, chemicals, and each other.

You want a sure bet? Buy hundreds of mason jars, seals, and rings. Learn to can your own soups, meats, and veggies. Buy a farmers almanac and learn a little something. Your life might depend on it.

As always, that's about as raw and sugar free as I can say it.

 

Unicorn Hunting - Nebraskan style

Words of wisdom - Man Up

Your father probably told you a few things, but just in case, here are some words of wisdom you might have missed out on. If I missed some, please comment and remind me. Young men need to hear these little gems from time to time. It is mission critical that they do. This day and age, young men are running low on mentors. Be that missing mentor if the need arises. Man up man.


Buy high quality tools, so you only have to buy them once.

Keep a change of clothes at the office.

Never hit anyone unless they are an immediate threat.

Every hat should serve a purpose.

Smelling good is feeling good. Feeling good is everything good.

Never take her to the movies on the first date.

Learn to wet shave. If you do not shave, keep yourself groomed and neat.

Drink strong coffee. Hot tea is for old ladies.

Nothing looks more bad ass than a man in a well tailored suit.

Shave with the grain on the first go-around.

Always look a person in the eye when you speak to them.

Buy a plunger before you need a plunger.

Exercise and firearms make you happy. Go run, go lift, go bang, go play sports.

Brush your teeth before you put on your tie.

A small amount of your paycheck should go directly to your savings account every month.

There's nothing wrong with having some "you money" stashed away.

Call mom and dad every week.

Never wear a clip-on tie.

Give a firm handshake.

Compliment her shoes or hair.

Never leave a beer unfinished.

If you aren’t confident, fake it. It will come around.

You can tell the size of a man by the size of things that bother him.

Be conscious of your body language.

The only reason to point a gun at someone is if you intend to shoot them. Period.

Never lend anything you can’t afford to lose.

Ask more than you answer. Everybody likes to talk about themselves.

Never have sex with anyone that doesn’t want it as much as you.

Go for women out of your league. You may end up surprised.

Manliness is not only being able to take care of you, but others as well.

Go with the decision that will make for a good story.

When you walk, look straight ahead, and not at your feet.

Nice guys don’t finish last, boring guys do.

Find your passion and figure out how to get paid for it.

Don’t let the little head do the thinking for the big head.

No matter their job or status, everyone deserves your respect. (I call bullshit; no one deserves respect until they EARN it.)

The first one to get angry loses.

A man does what needs to be done without complaining. 

Never stop learning.

Always go out in public dressed like you’re about to meet the love of your life.

Never change yourself just to make someone happy.

If you’re the smartest person in the room, you’re in the wrong room.

Luck favors the prepared.

Women find confidence sexy as hell.

Do whatever you want to do, but try to be the absolute best at it.

No one on their deathbed wishes they had spent more time at work.

Learn how to shine shoes. Never show up looking like you kicked a Hershey Bar.

Never shoot a large caliber man with a small caliber bullet.

Wisdom comes from mainly getting older.

Men should read the words and deeds of great men of the past, especially fathers.

Be a man of self-control, self-denial, patience, humility, and have a principled approach to everything.

It’s easier to make your wishes conform to your means, than to make your means conform to your wishes.

Do not wife hunt in bars and tattoo parlors.

Meddle or interfere with nothing in which you have no concern.

Be willing to admit your mistakes and take blame.

Private and public life are subject to the same rules; and truth and manliness are two qualities that will carry you through this world much better than policy, or tact, or expediency, or any other word that was ever devised to conceal or mystify a deviation from a straight line.

A man should always say what he means and mean what he says.

A man may manifest and communicate his joy to the world, but he should conceal and smother his grief as much as possible.

Read history books, works of truth, and not novels and romances.

Never marry unless you can do so into a family that will enable your children to feel proud of both sides of the house.

Since your father will always be older than you, he will always be wiser.

Few things are more rewarding than blisters on your hands and a paycheck in the bank.

Don't be afraid to stand alone; living your values will cost you, but not living them will kill you.

You can spend your day dicking the dog, but if you walk around like you own the place, no one will question you.

Don't throw dirt on the sod.

Wealth doesn't make the man.

Your family will benefit more from you being a good custodian of your resources than they will from your greed.

Never knock a man who is working, no matter what job he’s doing.

The grass may be greener, but it's just as hard to cut.

What it all boils down to is that women are crazy and men are stupid.

Can do doesn't mean should do.

The best way to love your children is to openly express your love for their mother.

You don't have to like someone to learn something valuable from them.

People tend to treat you the way that you treat yourself.

If you have to die you may as well go out with your boots on.

It is never a mistake to buy food or tools.

Never wrestle with a pig. You both get dirty and the pig likes it.

Never argue with an idiot; they'll drag you down to their level and beat you with experience.

If a fight is unavoidable, do whatever it takes to end it as soon as possible.

Aim for the back of the head, through the face.

Become familiar with tools.

Just ask her out already, he who hesitates masturbates.

Don’t be your absent father. You may hate that woman but be there for the child you helped conceive.

There is nothing wrong with getting a second opinion.

Learn to use a knife.

Just because the water ran over it doesn't mean it's clean.

Never be afraid of getting your hands dirty or your knuckles bruised.

The people who are having too much fun at the office Christmas Party are the ones who are not around long enough for the next office Christmas Party.

Violence is never the answer, except for when it is.

Never dip your pen in company ink.

Failure is not a bad thing. Failure is the path to success.

Learn to swing an axe.

Believe in something, but believe not in everything.

Alphas are born that way. People know the difference. Know your circle.

If you find yourself in a fair fight, your tactics suck.

Never worry about the mule, just shut up and load the wagon.

False motivation is better than none at all.

Learn to throw a punch and take one. You will get hit.

Clock Boy was a phony sparkly. This is what a real Inventor looks like.

https://www.kickstarter.com/projects/1305386921/mybivy

MyBivy 101 

As of 2015, 3.6 million United States military veterans have Post-Traumatic Stress Disorder (PTSD) diagnoses following exposure to traumatic and life-threatening events during deployment.  One major symptom of PTSD is 'night terrors' - a visceral nighttime experience in which a person gets little or poor sleep due to recurring troublesome thoughts or emotional triggers.  (Click here to learn more about night terrors)

To help veterans sleep better at night, my team and I have developed myBivy, an application for smartphone and smartwatch that tracks a veteran's heartbeat and movements in order to track night terrors and actually prevent them over time. Post-sleep, the veteran can see how they slept the previous night, while also having the option to submit a statistical report to their VA doctor or clinician. 

When myBivy is completed, we'll have the sensor running on Apple, Android, and Pebble watches. The patient-interface will run on Android and iPhone. It currently runs exclusively on Pebble, but we want it to run on every type of watch.

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This kid is going places.

One of those places is not the White House.

Mark it.