Barry Ritholz maintains two stock indices: the Oligarch Index contains "companies that Trump liked" in his public communications; the Drain the Swamp index has "companies that Trump trashed."
Since Trump took office, the S&P has gained 21%. The Oligarch index underperformed the market with 19.5% in gains. The Drain the Swamp index gained "a yuuge 42.5 percent."
Trump criticized Boeing Co., which has the contract for building new 747 Air Force One jets, by saying, “costs are out of control, more than $4 billion. Cancel order!” The stock has doubled since then, rising from $159 to $318. I wonder if more corporate executives are not secretly wishing to themselves “Please, Mr. President -- more tweets!”
As for the “failing New York Times,” which Trump constantly trashes while not-so-secretly yearning for reporter Maggie Haberman’s approval? Its stock has appreciated 41 percent, as its digital business has skyrocketed amid record subscriber growth.
Betting Against Trump Was a Market-Beater [Barry Ritholz/Bloomberg]
Amazon bills its Rekognition image classification system as a "deep learning-based image and video analysis" system; it markets the system to US police forces for use in analyzing security camera footage, including feeds from police officers' bodycams.
Aaron Schlossberg has spent years showering his fellow New Yorkers with racist abuse, but it wasn't until he went on an unprovoked racist tirade against a server and customers at a restaurant near his law office that he became infamous.
Back in March, the House passed the Music Modernization Act, a welcome bill made it easier for musicians to get paid reliably for digital streaming.
Businesses big and small use Microsoft Excel for everything from data visualization to bookkeeping, and chances are you’ve already had some exposure to this ubiquitous tool. Whether you’re looking to improve your hiring potential or boost your Excel efficiency, the Ultimate All-Level Excel Bootcamp can get you Excel-savvy with nearly 70 hours of training, and it’s […]
The workday is long, and inevitably, you’re going to find yourself needing to take a break from the daily grind. With Mini Materials Miniature Cinder Blocks, you can take some time for yourself and decompress by turning your desk into a miniature construction site. They’re available today in the Boing Boing Store for $22.49. Handmade […]
Handheld radios might seem a bit archaic, but in an emergency situation, few things will keep you as reliably connected to the outside world. This Emergency Multi-Function Radio & Flashlight takes the utility of the tried-and-true radio and combines it with a powerful flashlight and self-sufficient energy system. It’s available in the Boing Boing Store for […]