Tuesday, March 19, 2019, T+76, Part 1

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Title : Tuesday, March 19, 2019, T+76, Part 1
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Tuesday, March 19, 2019, T+76, Part 1

Suicide: perhaps the most interesting story, for so many reasons, the article from The Wall Street Journal, yesterday, "Obama economic advisor Alan Krueger dead at 58, suicide." Data points:
  • top labor-market expert and former chairman of Council of Economic Advisers, suicide according to family statement
  • one of the nation's most influential labor-market experts
  • wrote papers on topics including rock 'n' roll concerts, roots of terrorism
  • a chief economist at the Labor Department during the Clinton administration
  • examined the impact of a state-level minimum-wage increase in New Jersey by comparing fast-food employment there to neighboring Pennsylvania; finding -- the minimum-wage increase did nto reduce employment; challenged a long-held assumption in economics
  • first person to teach there is nothing more painful for an unemployed person to do than search for a job
  • [I can't recall if I've posted that before but I've argued that the most important thing for a man is work; work defines a man -- and I'm being sexist there -- specifically saying "man" and not "men and women"]
  • it is ironic that a man whose center of study and concern was his contention that there is nothing more painful for an unemployed person to do than search for a job and yet this individual worked for a president who seemed oblivious to this, not concerned about putting people out of work
  • on the other hand, we now have a president whose main domestic concern is getting people back to work
Disclaimer: this is not an investment site. Do not make any financial or investment decisions based on what you read here or think you may have read here.

Sports: I don't think I've ever watched a more miserable NBA team than the current Dallas Mavericks. I'm not saying there are not worst teams; I'm saying that I've never watched a more miserable NBA team; they are pathetic. Last night's home game again the New Orleans Pelicans -- another loss.


The market, futures: up almost 100 points -- these are pre-market --
  • WTI: holding its recent gains; remarkable;
  • D: down 1%
  • Tesla, down 1%; could open below $267/share
  • XLNX,  up slightly;
  • UNP,  --
  • AAPL, up slightly;
  • RDS-B, --
  • CVX, --
  • COP, --
  • BRK-B, --
  • NOG, up slightly in pre-market trading; we don't often see NOG trading pre-market;
  • OAS, --
  • EOG, --
  • EW, -- 
  • JAG, down slightly in pre-market trading; we don't often see JAG trading pre-market;
Oilprice: now talking about the "perfect storm" resulting in higher prices for oil.


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